Hope and Change my ass, right?
  With the most recent news on Obama's concession to republican demands [its political terrorism if you ask me] I ask you this; Is it time to simply stop hoping?  The Right[wrong] are only emboldened, and I can't stand to listen to the idiocy of their reasoning when perpetrating their agenda.  I'm getting sick of it, and it seems like Obama's losing his balls~ don't get me wrong, I understand he's in a tough spot, but shit, there's got to be a better way to go about this.  Your thoughts?

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Ted Kennedy ran against President Carter. Here are some other examples:


Here is a poll asking people if we should run a primary against Obama:

They happen but they usually amount to nothing. It's like running a third party -- except inside an established party.
I'm still amazed that they didn't force a vote on this before the mid terms. It's outrageous that the Republicans were threatening to hold up middle class tax cuts, due to the tax cuts not being extended to people making over 250k. I'm sorry, but if you are making over 250k, you don't deserve a break right now. People are ending up homeless because of the mess that the over 250k caused on the regular people. It's also extremely disingenuous that the Republicans are screaming deficit reduction while wanting to pass a measure that COSTS us a whole ton of money. If the deficit issue is to be addressed, it can not be done through spending cuts alone. This latest action really shows who the Republicans are for. I've seen it for quite some time now, but for some reason most people don't and they eat their message up.

I'm also really really disappointed with Obama. I think he has shown that he fails to lead on issues on a consistent basis and is prone to capitulation. I thought he was going to go into Washington to remove the entrenched special interests and lobbyist culture. How naive I was.
The failure of trickle down economics starts at fundamental Macroeconomics and ends at its implementation.

Just some basic principles from macroecon: Savings is an economic loss. People who already have enough money to spend are going to put this extra money into savings.

Banks who are supposed to put those savings back into the economy through loans aren't.

Also, it has never been the case that supply has lead demand. Supply always responds to demand. Why would anyone hire anyone else to make anything if the demand doesn't exist to buy that thing?

How is it even supposed to stimulate the economy? It's money going to the people likely to spend the least amount of it. Give it to the desperately poor who have no choice but to spend it. All this is doing is encouraging more loss.
The biggest single contributor to the debt between 2001 and 2008 was the Bush tax cuts. 50% of the benefit went to 1% of the population. $3Trillion in lost revenue make it bigger than the war during that period. And how well was our economy doing at the end of that ride? Trickle down my ass.
Not to mention that not all the wealthy WANT the tax cuts.
oh, but that would be redistribution of wealth, and hence, socialism.

And instead, we have feudalism!
The perverse thing is that wall street gets to privatize the wealth they are making yet socialize the risk and consequences if it all goes bad. If something is too big to fail, we need to use our anti trust and monopoly laws.
Anti-trust laws haven't been applied in forever. Too much money going to campaigns from these companies that should be regulated for them to be regulated.
Reminds me of the analogies in Animal Farm. The worker horse ended up going to the glue factory after all his loyalty and hard work.
Good point. I was half-asleep. It's a shame that there is so much fear in this country of communism that they also fear anything related to socialism, but there are no (well known) similar stories of unbridled capitalism. I think it would be great if you wrote your analogy into a story format and published it as a book!

I'm surprised that Orwell didn't write any allegory on capitalism. He hated capitalism just a little less than he hated Stalinism.




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