"the better term was financially articulate ... if you have more money to put into the process..."

http://www.pbs.org/moyers/journal/05082009/profile.html

BILL MOYERS: What do you say to people about how you keep faith in the democratic process when money trumps policy and buys the government out from under ordinary people?

SENATOR DICK DURBIN: This isn't a new story. This is a story that's been repeated over the years. The politically articulate prevail, many times, over the public majority sentiment. And this is a good example of it, whether we're talking about credit card reform or some recourse for those facing mortgage foreclosure. Most people understand we ought to be helping out those families and working people who are struggling to get by.

BILL MOYERS: I like your term "politically articulate," but in fact, isn't it the deep pockets that ultimately win? It's not the most articulate and the most eloquent people up on the Hill who win, it's the people who have the support of those institutions, organizations, lobbyists with deep pocket.

SENATOR DICK DURBIN: Maybe the better term was financially articulate, because it's true that if you have more money to put into the process, it's more likely you'll be heard. But I wouldn't give up. I really, honestly believe in the bottom line here. I think that if you have the right cause, organize people and give them the chance to do the right thing, ultimately you can prevail.

So the "public majority sentiment" is heard - THAT is what representative gov't is SUPPOSED to be.

Hello?

:thumbsup: Durbin agrees with you.

Right now Obama is stabilizing the economy, notably by throwing huge sums of money at financial services companies. Phase 2 will prevent recurrence by restoring oversight and other precautions. But the powerful banking lobby will resist, and as we have seen there is a good chance they will prevail against the clear national interest. If so, we will have this same predicament to face all over again. After all, we are now going through another version of the 1980 - 1990 S&L crisis.

Banks included.
Do not worry.
Obama is going to change the system.

I could use some in my world.

And it will happen.
100% guaranteed.

"thumbsup"

There was no struggle.


http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5615381&mesg_id=5615381

There has been a horrific struggle between the Obama and Cheney factions.

Cheney is losing and he knows it.
Hence his making so much public noise.

:grouphug:

is being cut off.

You can see Cheney is clearly quite unhappy.

:spray:

He's clearly been unhappy for a long long (lives) time

supply lines to keep it going.
Those lines are being cut.

Cheney is seen as the head of a covert government within a government acting against
the laws and mores of our society. He has a stronghold and is dangerous.

Obama appears to understand that it is important to America right now to take away Cheney's power and base.

This is being done behind the scenes, hence Cheney's obvious and very public squawking.

american people. i'd like to see cheney (and bush, where's he in this titanic struggle?) in jail. but i'd like to see the banksters there too.

if it's just war between e.g. the oil faction & the finance faction for control of the government - seriously, who cares?

a win for either does fuck-all for the unemployed people in my neighborhood.

Obama will do what is best for the American people. He works for us.

"If so, we will have this same predicament to face all over again."
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=5615381&mesg_id=5615381


Can anyone explain "restoring oversight" in Phase 2 after restoring the toxic results of NO oversight in Phase 1?

Please elaborate.

He is perfectly civil and polite in his requests.
Those who fail to do the right thing are then given enough rope to hang themselves.

Those who mistake Obama's civility for weakness will be sadly mistaken.

Obama supported the cramdown provision in the bankruptcy bill. But the financial services industry opposed it and the ammendment was killed. What happened to the part where mighty Obama was supposed to have prevailed with a wave of his mighty hand? I guess the evil banking lobbyists must have used kryptonite that time.

also stopping them from carrying out the threats they make...
you shall see....Obama will prevail.

Edit to add: Obama does everything carefully, thoughtfully,
because he is going for lasting change that cannot be reversed or corrupted. That takes time.

There is a real world out there and it's not so bad.