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Midterm madness

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I just got off the phone with my friend John.  We were discussing how no one is happy with Obama.  His base feels that he has catered too much to Wall Street and made too many concessions to the Republican Party and conservatives think he’s Stalin incarnate.

I believe that there are many reasons why this is happening.  “It’s the economy, stupid” remember that famous phrase? Well, it’s once again the reason that the American electorate is uneasy.  There are other reasons, of course… among them: the Democratic majority/administration passed healthcare reform but it was severely watered down and does very little to contain cost; spending has increased at a very rapid rate, yet the unemployment rate has not come down; the Republicans in congress have seized this opportunity and voted in lockstep to derail every proposal by this administration and point fingers at them for all the spending increases, while providing very little if any alternatives and solutions.  The bottom line is that no one person or party has all the answers or is culpable for all the  challenges our country faces, after all:

  • Bill Clinton signed the repeal of the Glass-Steagall Act in 1999, leading the way for the collapse of the separation that previously existed between Wall Street investment banks and depository banks.  This was a major cause of the financial meltdown.
  • The Democratic congress did not do enough to bring about regulation and avoid the collapse of the markets when the writing was on the wall.
  • George W Bush laid out a plan he called “America’s homeownership challenge” This paved the way and forced Fanny and Freddy to put people into homes they couldn’t afford.
    (en) John Boehner and President Bush in Troy, ...

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  • Republicans could have improved healthcare, they could have improved the stimulus packages… but they knew there was more political capital by staying in the sidelines.
  • George W Bush gave billions of dollars in tax breaks (nearly $1 trillion) to the top 2 percent of Americans, while involving the US in two wars that cost us over $1 trillion while cutting no expenses.  These actions lead the way for the national debt to double.

I just really wish that people stopped for a second and were a bit more logical, that they thought things through before they go on an incumbent massacre this coming November.  That they realized that Obama is not a foreign-born muslim comrade, that no one party caused this economic downturn and that although some government capital infusion is necessary to get the economy moving again, this is not the magic or only answer to this economic contraction.

If there is one thing that Americans should demand this November is for both parties to work for the American people, not just to gain power and to bring down the other party. That at a time when we have record unemployment, we should not have a party stonewalling everything and a majority that does not reach out to work together to get things done for the American people.

People who are in desperate need of results and accountability.

  1. John Marsolais
    September 9, 2010 at 3:37 am

    You are right on Juan. It’s good to see the President take to the road this past week, and attempt to wake up the traditional democratic base. Rather than holding the republicans responsible for completely stonewalling any program advanced by the president, people seem to forget that it’s these same republicans who put our country on the verge of a second Great Depression in the first place. Time to take the gloves off, and set the record straight.

    I heard a commentator describe the Obama administration as having achieved the most important domestic legislation since LBJ in the 60’s and FDR in the 30’s. The problem is that people no longer trust government and actually want less government in their lives. So, more government run programs do not result in a happy electorate. The President needs to inspire the private sector to get off of the sidelines and particpate in the process. The problem?–much of the private sector (i.e. big business and Wall Street) is identified with (and in bed with)the republican party. Will they get off of the sidelines, or are they holding out for a republican Congress? I fear the latter.

  2. mbkcrs
    September 9, 2010 at 9:26 am

    >>no one is happy with Obama<<

    I, for one, am overall happy with Obama and know plenty of other people who are too. Sure, there are things he has done or is doing that I don't like. His liberal Democratic base elected him and he needs to do what they elected him to do. Enough bibartisanship. If the GOPs don't want to cooperate, screw them. It's the GOP and Baggies I'm unhappy with. And that guy who wants to burn Korans in Florida. Freak.

    Let's move on with the important things: helping the middle and lower class of this country (cuz the rich don't need our help), getting the giant corporate lobbies out of Congress, getting a REAL medical care system for everyone, working on the education of our children, getting us out of the wars we got into and turning that money toward our own country, and working on alternate fuel sources so we can end the dependence on oil that is causing these wars and climate change and obscenely enriching the oil companies.

    Dubya dug us into a deep, deep, expensive hole with the aid of his cronies and large corporations. Obama has not been able to pull us out of that 8-year hole in a mere year and a half and people are discouraged. I have read that Reagan was at his nadir at this point in his term and today he's a GOP god. We need to kick the pessimism, stop watching Fox "News" (gag) and get on with the hard work and sacrifice ahead.

    Si, se puede. Yes we can.

  1. September 15, 2010 at 9:59 am

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