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Also, AIG was effectively nationalized, wasn't it?

A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
by Alexander on Sun Sep 28th, 2008 at 03:12:49 PM EST
[ Parent ]
... made it through the Senate if it had required additional Congressional authority?


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sun Sep 28th, 2008 at 03:56:08 PM EST
[ Parent ]
If the Democrats had the interests of the country at heart and not those of the wealthy, they would have give the Republicans the choice between a Swedish/RFC type plan and no plan. Instead of coming up with their own plan, they work with a Republican bill, as usual.

A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
by Alexander on Sun Sep 28th, 2008 at 04:25:43 PM EST
[ Parent ]
... group. At least 40% of the House Democrats do primarily represent the wealthy ... its not like it could be otherwise with our campaign funding system ... and its not likely that many can completely ignore the interests of the wealthy. Its just that they represent a Whig variety of wealthy rather than a Dry Tory variety of wealthy.

Add to that the fact that the corporate wing gets legislation and the veneer of expertise handed to them by their corporate backers, and House progressives are mostly forced to come up with things on their own, and the outside advice they do get includes things as politically dead on arrival as temporary nationalization of banks, and its not wonder that the progressive wing of the House Democrats do not have a horse in the race.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun Sep 28th, 2008 at 04:37:04 PM EST
[ Parent ]

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