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In reply to the discussion: What Obama's FCC is about to do to the Internet is similar to what Clinton did to broadcasting in 96 [View all]bvar22
(39,909 posts)82. We don't need to wait 5 years.
Dodd/Frank has turned out to be more than a little disappointing.
It is Regulation In Name Only,
and has proved to be easily circumvented or ignored.
Even Barney Frank admitted:
*It does nothing to limit the growth of "Too Big to Fails"
*It will NOT prevent another crash
*It does NOT re-establish any FireWall between Commercial Banks and Investmant Banks
*Does NOT regulate the High Risk Financial Inventions that caused the last MeltDown
The results is written broad across America's Working Class.
The trend of destruction that began under Reagan, accelerated under Clinton & Bush,
is STILL accelerating under Centrist President Obama:
Billionaire wealth doubles [font size=3]since financial crisis[/font]
http://www.upi.com/blog/2013/11/12/Billionaire-wealth-doubles-since-financial-crisis/5011384268135/?spt=hts&or=12
Wall Street will get away with massive wave of criminality of 2008 - Statute of Limitations
http://www.democraticunderground.com/10022516719
CHARTS: The Amazing Wealth Surge For The Top 0.1 Percent
http://talkingpointsmemo.com/dc/the-amazing-wealth-surge-for-the-top-0-1-percent
The Totally Unfair And Bitterly Uneven 'Recovery,' In 12 Charts HuffPo
http://www.democraticunderground.com/10023662029
Korean Free Trade Deal devastating for US Workers
What happened to the 70,000 jobs that the Korea Free Trade deal was supposed to create? They never materialized. Instead, U.S. workers lost 40,000 jobs in the first year of the agreement.
http://www.huffingtonpost.com/larry-cohen/koreaus-free-trade-agreem_b_4965492.html
http://www.huffingtonpost.com/larry-cohen/koreaus-free-trade-agreem_b_4965492.html
Retirement: A third have less than $1,000 put away
http://www.usatoday.com/story/money/personalfinance/2014/03/18/retirement-confidence-survey-savings/6432241/
65 percent of working families are living from paycheck to paycheck.
http://billmoyers.com/2014/01/10/why-conservatives-old-divide-and-conquer-strategy-%E2%80%94-setting-working-class-against-the-poor-%E2%80%94-is-backfiring/
"Obama Admins TPP Trade Officials Received Hefty Bonuses From Big Banks"
http://billmoyers.com/2014/02/20/obama-admin%E2%80%99s-tpp-trade-officials-received-hefty-bonuses-from-big-banks/
95 percent of the economys gains have gone to the top 1 percent
http://billmoyers.com/2014/01/10/why-conservatives-old-divide-and-conquer-strategy-%E2%80%94-setting-working-class-against-the-poor-%E2%80%94-is-backfiring/
The Top .01 Percent Reach New Heights
http://www.demos.org/blog/9/13/13/top-01-percent-reach-new-heights
Study: "Trade" Deal Would Mean a Pay Cut for 90% of U.S. Workers
http://citizen.typepad.com/eyesontrade/2013/09/the-verdict-is-in-the-trans-pacific-partnership-tpp-a-sweeping-free-trade-deal-under-negotiation-with-11-pacific-rim-coun.html
Obama Appoints Bain Capital Consultant Jeff Ziets to Top Post
http://www.democraticunderground.com/10023662209
Obama appoints industry insider to head the FCC
http://www.democraticunderground.com/10024521140
Obama selects former Monsanto lobbyist to be his TPP chief agriculture negotiator
http://www.democraticunderground.com/10023662210
Larry Summers Gets 'Full-Throated Defense' From Obama In Capitol Hill Meeting
http://www.democraticunderground.com/1014553343#post1
THIS ^ does NOT happen by accident.
It is the result of carefully planned and implemented Economic Policy.
It requires careful preparation, marketing, buying the right politicians, message control, courts packed with Conservative Corporate Rights Judges, and the marginalization and suppression of any opposition.
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What Obama's FCC is about to do to the Internet is similar to what Clinton did to broadcasting in 96 [View all]
Armstead
Apr 2014
OP
Telecommunications Reform Act signed on February 8, 1996. Faux News begins October 7, 1996. Hmm..nt
Mnemosyne
Apr 2014
#1
The first 'episode' I watched chilled me to the bone and have rarely watched it since 1996.
Mnemosyne
Apr 2014
#8
The end result is that speech is silenced not directly by the government (too obvious a violation
JDPriestly
Apr 2014
#6
It's interesting that John McCain joined Russ Feingold in voting against this crappy bill
cascadiance
Apr 2014
#61
The "Primary Purpose of Environmental Regulations is the Regulating Environmentalist"
2banon
Apr 2014
#111
And who would have imagined a Democratic president would go along with this. And Obama
quinnox
Apr 2014
#10
He talks a great game...but he sure doesn't walk his talk when it comes to taming Corporate America
Armstead
Apr 2014
#25
Yep. Clinton did some real boneheaded things, of which this (the communications act) was one.
silvershadow
Apr 2014
#18
Electing Hillary would effectively give the Clintons a THIRD presidential term.
Divernan
Apr 2014
#48
Me too -- I wish this damn country would recognize the common sense rule that...
Armstead
Apr 2014
#24
The "adults' are the people in power (or their apologists) who keep screwing us over but who....
Armstead
Apr 2014
#57
What, they pass a law, it allows banks to continue to stay too big and get bigger....
Armstead
Apr 2014
#73
"the opposition party tears into their opponent: everything he does is thus marvelous
MisterP
Apr 2014
#38
Bill Clinton repealed Glass Steagall and "proudly" signed DADT and DOMA into law. n/t
ProSense
Apr 2014
#62
Instead of simply attacking everyone who comes here to express displeasure over
NorthCarolina
Apr 2014
#77
Because the WH and Congress could reclassify and/or find ways to regulate it in the public interest
Armstead
Apr 2014
#49
Actually, Clinton signed the Telecommunications Act of 1996 on February 8, 1996.
Efilroft Sul
Apr 2014
#79
Yes I forsee a lucrative career as a corporate "advisor" and speaker ahead for President Obama
Armstead
Apr 2014
#85
I read this and never understand what the personal implications will be. Someone pretend you are
jwirr
Apr 2014
#103
Thank you. That makes it a personal issue. I think my congress reps are against this: Franken, Amy K
jwirr
Apr 2014
#116
And don't forget: In the first place, the airwaves on which the radio and TV stations
JDPriestly
Apr 2014
#107