General Discussion
In reply to the discussion: Across The Country, Renters Are Getting Crushed By Housing Costs [View all]truedelphi
(32,324 posts)Number One: Make appointments. Eighty percent of what any Administration accomplishes happens on account of the appointments they make.
And in Obama's case, the appointments he makes are atrocious. Almost every appointment that Obama has made with respect to the economy has been to help out the Financial Top Dogs. (The one exception I can think of was Neil Barofsky. But while Barofsky should have been put in charge of oversight of the Federal Reserve, he was instead given a position simply looking out over the 700 billions of dollars that went to the Big Firms through the original set of TARP's.) Meanwhile the Fed Reserve High Priest, one Ben Bernanke, he distributed over 15 to 16 TRILLIONS of dollars as loans, to the top banks and Financial Institutions. Experts now state that some 4.7 trillions of those dollars will never ever be repaid. But hey - Social Security can make up that gap, in part at least! And was Bernanke even scolded by Obama? Heck no - he got re-appointed by the President, so he can continue his all-out war on America's middle class.
By mid December 2008, many of us realized that Obama's pick for Treasury top position was one Tim Geithner. Lil Timmy as head of the Treasury? Are you kidding me? The man should have been charged with RICO style crimes for his manipulation of the banking system on Wall Street circa Autumn 2008. And been wearing an orange jumpsuit by Jan 2009 - but instead he is sitting in the top position of the economic nobility over our nation's citizens and our economy. He has lied repeatedly to Congress, which is impeachable, and I hope someday to wake up and find E Warren has decided to impeach Mr Geithner.
Secondly: A President has the power of issuing an Executive Order. Any time he wanted to, he could have deemed it in the interest of the nation to preserve its democratic way of life, by stipulating the needed measures, restrictions and regulations upon the Big Financial Players. If he wanted to. But obama doesn't even relate to the notion of a strong middle class being the heart, soul and backbone of a democracy. In fact, he cannot even bring himself to talk about our inalienable rights. Instead, he calls these rights "Traditions" which is neo Dem, neo con, PNAC language, for the installation of a military state.
I have asked several times for someone or anyone to show me a photo of Republicans or Congress people twisting the president's arm and forcing him to make these appointments, and so far I haven't gotten one nibble in response. He has made these decisions as he is someone who works for the One Percent.