iPhone app iPad app Android phone app Android tablet app More

Featuring fresh takes and real-time analysis from HuffPost's signature lineup of contributors
Joseph A. Palermo

Joseph A. Palermo

Posted: February 7, 2010 02:45 PM

Democratic "Accomplishments" Not Nearly Enough

What's Your Reaction:

"Of course people are frustrated," President Obama told the Democratic National Committee over the weekend, "they have every right to be." But I don't know if he really understands the level of "frustration" out there. Democrats who believe that they can just give voters a laundry list of modest "accomplishments" going into 2010 are deluding themselves. The Democrats unwisely allowed the Republicans to conflate the bank bailout with the stimulus package, and characterize both as reckless "big government" spending. And the perception lingering out there is that the Democrats have done a lot for the big banks and the health insurance companies, but precious little to improve the lives of working people.

The whole point of Obama's two years on the road campaigning was to convince voters that he was a different kind of politician. "Not This Time!" he said. Pundits claim his popularity is because he's "post-partisan" or "post-racial" (whatever that means). But Obama was popular because people believed he was different. And nothing corrodes this president's standing more than the impression that after sending him to Washington he has become Tweedle-Dee to the Republicans' Tweedle-Dum.

Real estate analysts estimate that by June 2010 about 10 percent of all Americans with mortgages (5.1 million people) will be throwing away their hard-earned money each month to pay for a house that is worth only 75 percent or less of the mortgage balance. These poor saps have the dubious honor of subsidizing the incomes of financial sector bottom feeders. They've become indentured servants to a crooked industry that also bilked taxpayers for $810 billion in bailouts. In response, Democrats should have passed a new Home Ownership Loan Corporation (HOLC) designed to help the millions of people who are burdened with "under water" mortgages. There should have been a government sponsored reset of "troubled" mortgages that were signed during the years of wanton predatory lending and white-collar thievery. Instead, mortgage lenders got their "troubled assets" bailed out while mortgage purchasers got screwed again. People are understandably angry that their tax dollars went into the pockets of the perps of the crime instead of helping the victims.

When the financial services industry exposed itself to be worthy only of our contempt the response from Congress was to reward failure. Even with Democrats in power Wall Street still calls the shots. The Democrats can't even repeal the taxpayer subsidies that are forked over to the corrupt student loan sector. They've also failed in holding anyone accountable for the economic carnage of the Bush years. The Holder Justice Department is a joke, leaving us to look to New York's Attorney General, Andrew Cuomo, to bring any heat on former bank executives. Meanwhile, Lloyd Blankfein of Goldman Sachs walks away with a $9 million "bonus" for 2009 and the press reports it like he has done something noble by not grabbing more. This kind of thing makes people want to join the Tea Party.

It's too late now, but the Democrats should have passed a new Civilian Conservation Corps (CCC) where young people could be put to work right away doing a variety of public service jobs to help clean up local communities and ease unemployment. Politically, the Democrats could have at least taken credit when they extended unemployment benefits, which is a popular program the GOP doesn't like. The Democrats received very little political "bang" for their stimulus "buck." State and local governments, facing their own budget shortfalls, cut back about $300 billion, thereby nullifying roughly half of Obama's stimulus. And after wasting a year teasing voters with "robust public options" and "Medicare buy-ins" it was cruel to toss it all away just because some fat-cat insurance companies didn't like it.

In the zero-sum game of our governing duopoly the Democrats' failure equals the Republicans' success, and voters have no choice but to vent their anger at whoever's in power.

Unless the Congress moves some progressive legislation quickly there's going to be trouble this fall because any political party that is stupid enough to allow a couple of shmucks like Joe Lieberman and Ben Nelson, or the outcome of a special election in New England, to unravel its governing coalition doesn't deserve to be in power.

Americans fully understood that they got creamed during the final Bush years. They did the right thing and voted in the opposing party believing it might rectify things. The paltry result of their electoral efforts has led to far more than mere voter "frustration." They're furious and ready to wreak their revenge.

Unfortunately, the nation appears to be moving in California's direction. In California, an unpopular Republican/Big Business minority holds de facto control over the state's finances. Using the budget deficit as their perennial excuse, California's "leaders" have heartlessly shredded the social safety net. In Washington, a similarly unpopular Republican/Big Business minority holds de facto control of the Congress. After the 2010 midterm elections, the Republicans will be emboldened and, like California, using the budget deficit as their perennial excuse, they will push for shredding the federal safety net (what they call "entitlements," but what most people call Social Security and Medicare). And they'll accomplish this assault in a political-media climate where it's just "common sense." The discourse is already set up for this scenario with all the talk of deficits and "bipartisan commissions" as if our fiscal problems stem from our "generous" safety net and not the wars and tax cuts for the rich. This continuous political devolution, if not corrected, only means that the living conditions of average Americans are going to continue their long downward slide.

 
 
 

Follow Joseph A. Palermo on Twitter: www.twitter.com/N/A

 
 
  • Comments
  • 210
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Bloggers
Recency  | 
Popularity
Page: 1 2 3 4  Next ›  Last »  (4 total)
12:44 AM on 02/09/2010
The biggest thing wrongwith the democrats are the democratic voters. They dont know what they want, so they send mixed signals. They dont support their President, or their congress. They want immediate gradification.
photo
HUFFPOST SUPER USER
Peter Schurman
11:00 PM on 02/08/2010
Joe's right; Dems have got to start bringing home some bacon.

To get stuff passed, we must eliminate the filibuster, and put the obstructionists in their place.

Show your support here:

http://www.facebook.com/pages/Changing-the-US-Senate-rules-bring-back-democracy/278379601906?ref=nf
photo
HUFFPOST BLOGGER
Joseph Palermo
Huffington Post Blogger/Author/Professor
07:01 PM on 02/08/2010
I just don't see why Harry Truman and FDR and JFK and LBJ could all fight the Republicans but today we need to bow down to them even when they're not in power -- guess what? Every time Truman, or FDR, or JFK, or LBJ stood their ground against corporate fat cats their popularity went way up -- it's a center-left country, not a center-right one -- if we were center-right there'd be no Medicare or Social Security or Civil Rights Acts etc. -- where did all this progressive social legislation come from? outer space? just look at the popularity of Social Security and Medicare
photo
HUFFPOST PUNDIT
Anne Johnson
Fairly Unbalanced
07:19 PM on 02/08/2010
I e-mailed the White House this morning asking President Obama why he is letting the Republicans, the minority party run the whole show on health care. I feel his heart is in the right place but sometimes I have no idea where is head is at.
photo
notb observer
Technically it's a micro auto-bio...
08:57 PM on 02/08/2010
During these very difficult economic times, and with the rampant fraud, corruption and abuses on Wall Street and the corporate lobby, one can't help but think that the country is gradually pulling further away from the center. We've seen for many months that the majority of Americans favor single payer health insurance, but the Neo Cons insist on repeating that the country is against it. As usual, their lies get as much air time as does the truth and the facts.
The MS in its endless quest for rating will do anything to appear relevant and entertaining, even if it means throwing journalistic integrity and ethics out of the window !
photo
HUFFPOST BLOGGER
Joseph Palermo
Huffington Post Blogger/Author/Professor
06:42 PM on 02/08/2010
thank you all for the very thoughtful comments - I hope the Democrats can turn things around but the signs sure don't point to it -- I didn't even mention EFCA
photo
notb observer
Technically it's a micro auto-bio...
06:22 PM on 02/08/2010
The "system" as it is current;y rigged, favors establishment candidates on both sides of the aisle. The RNC and DNC will only support people they believe will win, and that means candidates who can raise funds, typically by being good lap dogs to the corporate interests. There aren't too many candidates with the personal fortunes required to run for elected office at the national level, and if they do, you need to wonder about how they are "insiders" anyway.
With the system controlled by the corporate interests, and the MSM playing their part in making sure only "vetted" candidates get any real exposure, we are caught in a illusory democracy, where anyone not beholden to the status quo has no real chance of being elected. The corporations have taken the precaution of funding both sides of all the races, so whoever wins is in their debt.
Over the years, election campaigns have become more and more expensive to run, and this is no accident. The more corporate money is pumped into one campaign, the more the other side has to spend, and so ultimately all candidates end up at the corporations' door on bended knee.
Follow the money people ! Shake the establishment to its core by voting for the candidates with no budgets and good ideas ! We ultimately have the power to make all those campaign bribes worthless !!
12:57 PM on 02/08/2010
The Obama administration projects serenity and resolve, as if they have decided to stay the course. The question is, "What's the course?"

The obvious answer: re-election in 2012. Obama's advisors surely have a plan. Probably it's this: organize a coalition of corporate interests and identity politics groups who feel well treated by corporate America. Add Hispanic voters.

That leaves out right-Republicans and progressives, but they will oppose each other. Presto, second term--even amidst economic chaos. A dismal scenario for the country, but a bright one for team Obama. They can tell themselves they will fix the country during 2012-2016.

Why would the Obama team change course? An early attempt, starting now, to organize a primary challenge by a candidate who can go to the White House and negotiate the unconditional surrender of the pro-corporate agenda. The aim should be to win, either by transforming Obama's policy if he will, or by replacing him in office if he won't.

There is a superb potential candidate who is currently publicly involved, energetic, attractive, and staggeringly well informed with regard to the crises Americans now face. She has a gift for public communication that rivals Obama's, and far exceeds Obama in her obvious deep concern about the problems at hand.

Draft Elizabeth Warren.
12:32 PM on 02/08/2010
Make 'em fillibuster, period.
photo
HUFFPOST SUPER USER
Eric Mann
Do you want to be on the opposite side of Progress
11:39 AM on 02/08/2010
One first has to accept the premise that Democrats truely are in control. That does not seem to be the case as was seen during the Healthcare Bill discussions in the Senate. Joe Liberman is not a vote that they can count on, and frnakly his stalling is what contributed to the Senate never passing something acceptable. the Democrats should strip him of his chairmanship. Blue Dogs are another issue-but one that should be dealt with by Joe Biden whipping them into shape LBJ style.
The Democrats are not in control of the Senate-no one is. If the tables were turned there would be bloody murder screamed. I do blame Democrats for not getting as vocal as the GOP would be.
03:58 PM on 02/08/2010
Neither party is in control or runs the country. The Wall Street banksters do. Have been since 1913. Until we cancel the contract with the private corporation called the "Federal Reserve", that allows them to print and issue our money and control the value, we will never have a "government of the people". The Federal Reserve is made up of 100% private stock holders - Goldman Sachs, JP Morgan, Rothschild of Berlin, Warburg of Germany, Kuhn Loeb, Moses Sief of Italy, and a couple others. They have tried to manipulate our country for 200 years and succeeded in taking control in 1913. They use our assets and gamble at 3 times value of a single asset. This is what collapsed the financial markets. Why aren't they in jail? It's time for a NEW party to take our country back for the people and we are running out of time. Their next step is the One World Order. The existing 2- parties - Dems & Repubs work for the banksters! We need to issue our own money at NO interest - we could save over $500 Billion per year in interest (profit) payments to the banksters.
photo
HUFFPOST SUPER USER
Eric Mann
Do you want to be on the opposite side of Progress
08:14 PM on 02/08/2010
Um, with my Poli Sci degree in my back pocket I can tell you only the US TREASURY can print and issue money. We cannot issue our own money, it is Unconstitutional for anyone, or any entity to issue money other than the Treasury. Its called forgery, and is a federal offense. That said, if you're making no-interest loans, sign me up!
As for your other statements, well, its hard to agree with someone who makes such and obvious mistake, but I do share the general sentiments. I also agree we need a 3rd party of Uber-Liberals and a 4th of Uber-conservatives, and a 5th of total middle-of-the-roaders.
As far as the "One World Order" thing-well, your paranoia is unfounded. The human race is WAY too fractured as of right now to ever get it together to realize we're all in this together. Hell, we can't even stop some obvious and easy to change damage we're doing to the planet. Maybe Apothis will smash into the Earth and wipe out 75% of humanity and THEN we'll get it together. Doubt it though.
HUFFPOST PUNDIT
realpolitic
When in Rome.......
10:33 AM on 02/08/2010
"Unless the Congress moves some progressive legislation quickly there's going to be trouble..." Yes, and repeal of "don't ask, don't tell" is not enough. We want a health insurance reform plan even if passed through reconciliation, tough financial regulations, and a cap and trade measure to address climate change. We elected Obama so government could start addressing the nation's problems and it must. Our infrastructure needs a cash infusion and repair. We are already falling way behind Europe and Asia in having a second rate infrastructure lacking high speed rail, a poor electrical grid, and frequent dead spots for mobile phone users. Professor Palermo is right, as usual, that it is not the high cost of entitlements leading the country to financial ruin, but the costs of foreign wars and tax cuts for the wealthy which have little residual economic effects anyway. Bush proved all this and why should we have to keep learning the same lesson?
10:19 AM on 02/08/2010
That last paragraph just about says it all....disgusting.
photo
Tribal Knowledge
Be bold and mighty forces will come to your aid!
10:17 AM on 02/08/2010
Interesting article.

Obama's accomplishments have been almost nothing, and lampooned on SNL the other night were riotous. A quick "Phhhffffft" and that's it - Nada, bupkiss, zilch.

Then, this article takes a weird left turn over a cliff: California's problem (I live here) is not a Republican one, and anyone living here knows the bald truth of it. The Dem congress in the state controls even more power than the Dems in Washington. Nothing can get done without them, and their way is the only way - so beholen are they to unions and state institutions that we are in gridlock Anyone sugesting that a GOP power base is, or has, caused this either a) does not live here, or b) os really THAT stupid.

This is not a "Blame Bush, It's Fun" scene in CA - it is clearly overrun by liberal special interests. How is it that half of our budget, nearly $70B, goes to schools, that it is nearly 50% larger than it was when we kikced out the last governor (so bad was he that Arnold, by comparison, looked good...sheesh), and there is NO money for schools?
12:06 PM on 02/08/2010
I've lived in CA all of my 55 years, and I totally disagree with you. Every year the budget is held hostage by Republican obstructionists who won't compromise even a smidgen on raising taxes. If they don't get everything the demand, they punish the entire state. That, along with the sacred cow known as Prop 13, is the reason this state is such a freaking mess.
photo
HUFFPOST SUPER USER
blacksmithn
Iron, cold iron, is master of them all...
12:56 PM on 02/08/2010
escorpion, I completely agree with you, and I've lived in CA for all my 53 years. The first guy really missed the mark in his understanding of the governing (or mis-governing) of the state. As long as there is a 2/3 requirement to raise taxes, and a radical Republican minority in the legislature (and they really are just a Mad Hatter short of a hard right tea party), budgetary problems will persist. Indeed, under such circumstances, budget problems are inevitable.
01:32 PM on 02/08/2010
Really? Everything I've heard is the exact opposite of what you describe. I've heard that CA's legislature is a microcosm of DC's. Republicans are just the party of No and nothing can get done because they oppose anything that helps people.
photo
Tribal Knowledge
Be bold and mighty forces will come to your aid!
02:04 PM on 02/08/2010
WE pay a giant pile of taxes. We pay huge, high taxes. If you want to pay more, honestly, you can donate money through the IRS on your 1040. I pay almost $10,000 a year in property tax, and my kids have to pay $ to ride the bus, to play sports (including insurance, bus pass, uniforms), to play in the band. When I was in the CA school system, and with far fewer taxpayers paying FAR lower taxes, all that was free.

Tell me how raising even more taxes in this failed system would work? It has been tried and is an abject failure. We are awash with obscene amounts of taxpayer dollars. The guy we got to run the state because the last guy was SO BAD that an Austrian actor looked good by comparison had a state budget of nearly $70B. Now, we are nearing $140B and have NO MONEY - a scant few years later.
vjones26
3 kinds of Repubs..Millionaires,Suckers,&......
09:56 AM on 02/08/2010
Too bad this guy isn't in Obama's inner circle. He mostly nailed it.
09:10 AM on 02/08/2010
I agree with most of what is written here and the degree of frustration is much higher because we are forced to choose between two corrupt corporate parties so naturally when people get disgusted with one of them they turn to the other even knowing that the other one is just as bad. In other words there isn't much choice being offered in a two party democracy. The elites from both parties are in basic harmony when it comes to important matters ie, NAFTA or Wars. I remember that the only who opposed NAFTA was Ross Perot who talked about the sucking sound of jobs going down to Mexico or China and Gore laughed at him. Who was right? We are in a hell of a mess.
10:11 AM on 02/08/2010
Nancy Kaptur and Ralph Nader also read it and opposed it. It is funny that over ten years later and all data shows that its failed the three societies it was designed to aid, yeat no one talks of repealing it and the voices that stood up against it have been minimized to the point of oblivion. One should ask if it hasn't benefitted any of the three societies just who did it benefit?
This user has chosen to opt out of the Badges program
11:03 AM on 02/08/2010
The only reason we are forced to choose between two corrupt corporate parties is that we refuse to vote for cadidates who are not affilliated with one of them. Next time, don't vote for Republicans or Democats. In the mean time snd few bucks to candidates or parties of other stripes.
08:42 AM on 02/08/2010
"These poor saps have the dubious honor of..." having to pay back their loans according to the terms to which they agreed when they were handed the money.

If the value of their homes had risen, would they willingly walk away and turn over the profit to the lender?

Where does it say that people should have the Nanny State step in and coddle them whenever things don't go their way? Funded of course by those of us who are perfectly capable of taking care of ourselves.
This user has chosen to opt out of the Badges program
je7374
Restore Unions and Restore the future
09:34 AM on 02/08/2010
The funniest thing about your post is that two of my neighbors who for years would mock my liberalism are no longer in their homes. Been foreclosed on. Truth is I don't blame them, they played by the rules. One just couldn't find work after losing his job and the other had to take a 50% cut in pay to keep his job. What you don't state is that a big part of the problem was banks themselves that screwed the economy.

I'm glad your selfish self can take care of yourself. These guys could have also if the higher ups played by the rules. Social safety nets actually make communities stronger. They only create nanny states in your mind.
10:13 AM on 02/08/2010
Well a precedent was set when the Nanny State bailed out the Wall St. Financial sector without consideration in return for the captialization of their underfunded risk taking.
11:37 AM on 02/08/2010
It isn't the nanny state. It is the oligarchy. A bailout may have been necessary but the terms favored those who hold wealth and power, not you. Government is being used as a tool to advance the interests of a few. You need a different language to express to express your righteous fury. Government isn't the problem. It is the way government is being used.
01:33 PM on 02/08/2010
Hank Paulson = Nanny State?
photo
HUFFPOST BLOGGER
K.J. Dwyer
American Ex-Pat/Writer
08:06 AM on 02/08/2010
There's a discussion among Matt Taibi, Robert Kuttner and Bill Moyers which deals with the corporate sell-out of Obama and the Democratic Party. Dead-on in its analysis. It's 30 minutes, so if you can't take the time to watch it now, bookmark it for later.

http://www.pbs.org/moyers/journal/12182009/watch.html

Additionally, Elizabeth Warren gave a brilliant lecture on the decline of the middle class over the last 30 years and, similarly, is irrefutable both in the data she provides and the conclusions she draws. It's an hour long, so bookmark it for later if you can't watch it now.

http://www.youtube.com/watch?v=akVL7QY0S8A&NR=1

Kuttner opines that if the relative handful of Democrats that are corporately owned can be targeted and either rehabilitated or expunged, the Democratic Party might be salvagable.

Failing that, the only option I see is somehow convincing the rabid "Tea Partiers" to realize their interests lie in more progressive solutions. A good portion of independents are already convinced so if the Democratic Party continues to be nothing more than a corporate tool, progressives need to abandon Democrats altogether, form a workable coalition with independents around issues facing the middle class and throw the bums out.

Continued deference to the established and wholly-corrupt two-party system is pea-brained. It is Rahm Emanuel who is "fuc*ing stupid" if he thinks this will lead to anything other than the total and complete collapse of the American middle class.
08:38 AM on 02/08/2010
Agreed. We progressives, along with all other Americans out there, finally need to look for solutions outside of our two-party system. While the deck may be stacked against us, we must fight now.
09:42 AM on 02/08/2010
Agreed, and I'm NOT a progressive. I'm ready to try anything that will return the Middle Class to America, and as you said, we need to "throw the bums out"!