It appears that for the next three months at least, the democrats are still running to the center-right. Like a bunch of fucking politicians.
DemocracyNow covers the revised swindle, and the long-term prospects of a smaller Wall Street, as Paulson picks which criminal friends to reward for their crooked greed and who to sacrifice, all at taxpayer expense, and all without addressing any root causes. On the plus side, it will still be easy for anyone paying any attention at all to predict that another crisis is inevitable. The "feeling" among progressives being that Obama will be in a position to actually do something about it, then. The now inescapably obvious fact that our system is just incredibly fucked up and corrupted by/beholden to Wall Street likewise disheartening, but hardly a surprise. Still it's too bad no leader has emerged to take advantage of this opportunity for the left. Plenty of people, like Defazio, stood up for what was right, although it wasn't enough, passionately and eloquently so. They just weren't real players in the game. Or rather, there aren't hardly enough players worth a shit in the game. We're a sick, election-obsessed country and it's too bad there's no time or ideological room for real leadership.
Plenty of time to pass a terrible bill once hundreds of pages of pork and earmarks have been added to it, though. Not all of them bad, certainly. Some of them criminal. But none of them relating directly to addressing the root causes of the economic crisis. Since the bill itself doesn't do that either, what's the difference right?
Mortgages, from what I understand, are hardly mentioned. No real help is mandated.
The Conference Call.
Hunter. Update: And again.