Thursday, January 21, 2010

Unsurprising Poll Results from Massachusetts: Voters Think Obama Sides With the Banks

I doubt very much that the dem leadership gets it even now. No, they're already talking about how to gut programs in another vain, misguided attempt to curry more repug favor. The fact that dems have clearly sold out to corporate money, and have failed to stand up for tax-paying Americans in every meaningful way, will not be acknowledged by their "strategists." Even their so-called healthcare "reform" is little more than a corporate welfare bonanza, which leaves a gigantic rotting cesspool in place. In 2010, I won't be voting for either branch of our nation's political party.

The Agonist:
An interesting observation was made today by the pollster for Martha Coakley, the hapless Democratic candidate for the Massachusetts senate seat held almost forever by Ted Kennedy. It appears polls are showing that the voters, especially independents who would normally vote Democratic in a liberal blue state like Massachusetts, have instead run to support the Republican candidate as the agent of change. Wasn’t that supposed to be Barack Obama’s signature tune?
Massachusetts voters have given up on President Obama as an agent for anything but the status quo, and this is most evident in his willingness to dole out trillions of dollars in direct and indirect support to the banks. The Massachusetts polls show this issue to be foremost on the minds of the voters.
The White House was getting this message way too late to do any good. President Obama was in Massachusetts only in the last few days, trying to work his magic with crowds to revitalize a dying effort. He also announced last week a proposal to tax the banks on their profits, hoping to generate $90 billion dollars this decade in partial payment to the taxpayers for their bailout of the banking system. He promised that one way or another, the banks would pay back every dime of the money lent to them.
It is not clear that his oratory is working or that the public is listening to him; his actions this past year have been completely at variance with his rhetoric. He is, in fact, almost as completely addled as the bank executive cronies he appears to court and coddle. This past week also saw testimony from some of the top executives in the banking industry, including Lloyd Blankfein of Goldman Sachs, Jamie Dimon of JP Morgan Chase, and John Mack of Morgan Stanley. They were all very skilled at accepting regret for what happened without accepting responsibility.
Read the rest.


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