Bernie Sanders is and continues to be critical of President Obama

[woo me with science]

131. You mean the Dodd-Frank he later endorsed gutting.

http://www.democraticunderground.com/101472644

Financial regulations gutted in new bill

It's hard to believe that Democrats, who brought you the Dodd-Frank financial regulation act and the Consumer Financial Protection Bureau, are solidly backing a bill that would weaken or obliterate many regulations designed to safeguard investors.

The bill, HR3606, sailed through the House Thursday with 222 Republicans and 168 Democrats voting for it. Only 23 members, all Democrats, voted against it. President Obama has endorsed the bill. The Senate is fast-tracking its own version, which could come to the floor Monday night.

Under the guise of creating jobs, the House bill would make it easier for companies to raise money from the public without fulfilling some - or in certain cases virtually all - of the obligations designed to protect investors in public companies. However, there is no requirement or guarantee that companies would use any of the money to hire a single person.



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/03/11/BUPU1NIGVF.DTL&type=business

Please spare the appeals to Elizabeth Warren. Not everyone subscribes to a cult of personality, although it is adorable that all the personality cultists seem to think so.

First, you try to take the focus off the point I made, which is that in every single major policy area, your minutiae are misleading or meaningless; the OVERALL direction of policy has been corporate. And then when you attempt to save yourself from that ugly fact by diverting to a specific issue, you obfuscate. You were not going to mention this bill or President Obama's position on it, because it contradicts the point you are trying to sell.

President Obama has announced, FIVE YEARS INTO HIS PRESIDENCY, that he intends to focus on income inequality. Yet he is simultaneously trying to push through perhaps the most secretive, predatory trade deal in history that will gut salaries for over 90 percent of Americans. And he refuses to remove Social Security cuts from his own budget.

Midterm elections are coming up. We can expect to hear lots of pretty progressive rhetoric and perhaps see some actual termporary feints to the left to try to convince voters that the party has, at long last, heard their voices. After five years of predation, we are to believe that the REAL Third Way has finally arrived. But look at the TPP. Look at the budget. Look at the NSA. Look at the gap between rich and poor. The con game doesn't fly anymore.

Commercials by their very nature attempt to sell, not to discuss honestly. That is why it is seldom useful to argue with them.