
Obama Announces New Initiatives For Retirement Savings
In this weekend's YouTube address, President Obama announced a set of new policies to make it easier for workers to invest towards their retirements. Obama tied the importance of this policy into the current economic troubles:
"We have to revive this economy and rebuild it stronger than before," said Obama. "And making sure that folks have the opportunity and incentive to save - for a home or college, for retirement or a rainy day - is essential to that effort. If you work hard and meet your responsibilities, this country is going to honor our collective responsibility to you: to ensure that you can save and secure your retirement."
GOP Address: "No Wonder Americans Are Scared"
In this weekend's Republican address, Rep. John Kline (R-MN) called for "hitting the rest button on health care reform," and warned against the dire consequences of the current Democratic proposals:
"No wonder Americans are scared," said Kline. "Health care reform is being imposed upon them, rather than developed with them, and the potential costs are far too high. And sadly - monetary costs are only part of the picture. Many are concerned that Democrats' plans may cost patients the right to see their family doctor or have any input into a life-altering - if not life-saving medical treatment."
Report: White House Could Offer Its Own Health Plan
The White House is reportedly considering drafting its own health care bill, after efforts by members of Congress to arrive at a consensus have apparently stalled: "Multiple sources close to the process told CNN Friday that while the plan is uncertain, they are preparing for the possibility they could deliver their own legislation to Capitol Hill sometime after the President Barack Obama's speech to a joint session of Congress Wednesday, with one source calling the possibility of new legislation a "contingency" approach if efforts by Finance Committee Chairman Max Baucus to craft a deal fall through."
Report: Obama To Try Reaching Out To GOP, Simultaneously Not Scold Liberals
The Politico reports that in President Obama's upcoming speech to Congress, he will seek to reach out to Republicans while simultaneously reassuring the left. "This is a case for bold action, not a stick in the eye to our supporters," said an anonymous official involved in speech preparation. "That's not how President Obama thinks. The politics of triangulation don't live in this White House."
Senate To Remember Kennedy
Roll Call reports that the senate will take time this coming week to remember Sen. Ted Kennedy (D-MA), with a moment of silence and a block of time for Senators to speak about him on the floor. A specific time has not been set yet, but it is likely to occur on Thursday, possibly in the afternoon.
Liberals Ready To Strike Out At Obama On Afghanistan Surge
The Hill reports that Congressional liberals are ready to mobilize against President Obama on his calls for troops increases in Afghanistan. "Just because President Obama is our president doesn't mean we don't feel the same outrage we felt regarding Iraq in this same time in the Iraq occupation," said Rep. Lynn Woolsey (D-CA). "Our president doesn't get a pass on this."
Levin: Pursue Afghan Army/Police Build-Up Before U.S. Troop Surge
Sen. Carl Levin (D-MA) is also signaling resistance to a troop increase in Afghanistan, preferring to focus on a buildup of the Afghan Army police. "There are a lot of ways to speed up the numbers and capabilities of the Afghan army and police. They are strongly motivated," said Levin. "I think that we should pursue that course ... before we consider a further increase in combat forces beyond what's already been planned to be sent in the months ahead."
AP: Photo Of Dying Marine "A Story Of Sacrifice"
The Associated Press is responding to criticism from Sec. of Defense Robert Gates, who strongly objected to the publication of a photo of a mortally-wounded Marine. "We thought that the image told a story of sacrifice; it told a story of bravery," said AP senior managing editor John Daniszewski. "We felt that the picture told a story that people needed to see and be aware of."
CT Voter
September 5, 2009 1:37 PM
Well, I wish Obama the best of luck in simultaneously reaching out to Republicans and assuring his base, because that is surely an impossible goal to achieve.
When Republicans are questioning his citizenship, propagating vicious lies about his plans, and not standing up to the lunatic fringe that believes that a message about staying in school and working hard is actually indoctrination into socialism, why is he reaching out to them? To give them more credibility?
As for introducing his own version of health reform? I know that they have been desperate to avoid the mistakes of 1993 - 1994, but more leadership was needed before this point.
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converse
September 5, 2009 2:00 PM in reply to CT Voter
that is surely an impossible goal to achieve
Like, say, um, winning election as the first African-American President of the United States?
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CT Voter
September 5, 2009 2:16 PM in reply to converse
Well, um, why don't you explain how one reaches out to Republicans while simultaneously assuring his base?
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OhioGuy
September 5, 2009 2:32 PM in reply to CT Voter
That all depends on who his base really is. I'd suggest that Obama's support is actually based on fairly moderate Democrats, not on the Kucinich and Nader crowd that's making such a fuss on forums like this. Fringe is not equal to base.
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CT Voter
September 5, 2009 2:50 PM in reply to OhioGuy
I don't think the base are Kucinich or Nader devotees, nor do I think the people here at TPM represent "fringe". But if you want to paint reasonable people as "fringe", well, that's certainly your right.
And even if you redefine the base as some reasonable, moderate, eminently sane Democrats, you still haven't answered the question of how you reach out to insane people while assuring sane people that you're still listening to them?
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OhioGuy
September 5, 2009 6:20 PM in reply to CT Voter
I don't believe that Obama is reaching out to the insane, nor do I believe that every Republican is crazy. We see the President reaching out to the very few Republicans in Congress who might be persuadable, and at the same time targeting the moderate Republican voters who can't stomach Palin and the know-nothings. This, by the way, is how he won the election last year.
As for the Democratic Base, I simply don't consider people who constantly threaten to jump ship for third parties as Base.
Oh, and Matt Jones, please don't tell the Republicans. I love watching them self destruct with ideological purity. What I don't want is for the Democrats to follow the same path.
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Indie Pro
September 5, 2009 9:09 PM in reply to OhioGuy
you laugh at the Republicans for ideological purity, while at the same time dismissing those in your own party who disagree with the President as "fringe".
That's it. I just like pointing out people's silliness.
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OhioGuy
September 5, 2009 9:49 PM in reply to Indie Pro
Umm...no. I'm happy to have everyone from the center left to the far left in a big tent party. What I object to is the characterization that minority beliefs are fundamental to the party base and somehow represent the will of "The People", in the face of all poll data and other indications of popularity or lack thereof.
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gharlane
September 6, 2009 2:54 AM in reply to OhioGuy
in the face of all poll data
You're referring, I assume, to polls like CBS/NYT (June 2009, 72% favoring "government health plan to compete with private insurers") or NBC/WSJ (June 2009, 64% find "choice of both a public plan administered by the federal government and a private plan" either "extremely important or "quite important"). Or Research 2000/DailyKos (Aug-Sept. 2009, 58% support), or SurveyUSA (Aug 2009, wording identical to NBC/WSJ June 2009, 77% say either "extremely important" or "quite important"). (SurveyUSA decided to ask the question after NBC/WSJ curiously decided to drop it from their list of questions.) That's four polls, all with supermajority support, two of which appear after a summer full of sympathetic, credulous wall to wall coverage in the corporate media of teabag death panel pull-the-plug-on-Grandma lunacy on the subject.
That is what you meant, right?
It never ceases to amaze how people can throw around generalities like "all poll data" without referencing, y'know, any actual polls.
Tell us again what you mean by minority beliefs, party bases, polling data, and the Will of the People.
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Indie Pro
September 6, 2009 1:50 PM in reply to OhioGuy
your own words are up there for all to read.
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Matt Jones
September 5, 2009 4:35 PM in reply to OhioGuy
"Fringe is not equal to base."
Quick, somebody get the GOP on the line - they need to hear this too!
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jeffgee
September 5, 2009 9:17 PM in reply to CT Voter
Obama reaching out to Republicans has resulted them in biting his hand over and over. When Grassley hands out lunatic Glenn Beck's book at his town hall meetings, it completely undermines any credibility he has as anyone who will negotiate.
They are clear in their desire to break him. They are clear in their desire to completely derail any health care reform coming from Democrats. They have no solutions.
Mr. Obama, this is not the chummy Illinois state Senate where you played cards with your adversaries. These people want you to fail. They will do everything they can to stop anything you propose, and it's not just regarding health care.
Republicans are like basketball fans waving foam snakes to distract the other team's basket shooter
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Overreach THIS!
September 5, 2009 1:48 PM
I'm stupefied.
Reach out to Republicans?
Really?
For the first time, it hits me that maybe they really are just fatally incompetent.
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CT Voter
September 5, 2009 1:53 PM
What does this mean, anyway?
Or rather, how does this statement get turned into "Reaching out to Republicans", anyway?
It would seem that reaching out to Republicans is a failed policy, not bold action. Further, it would seem that reaching out to Republicans would most certainly be a stick in the eye of supporters. So why is this summarized as "reaching out to Republicans"?
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Overreach THIS!
September 5, 2009 1:56 PM in reply to CT Voter
Here's to hoping there is an explanation. As in, "that's not the strategy so this is wrong."
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Xantar
September 5, 2009 2:07 PM in reply to CT Voter
Just because he's "reaching out to Republicans" doesn't mean he actually expects to get anything constructive out of them. The fact of the matter is that as soon as Obama says, "Fuck it. Republicans don't want to do anything. I'm going it alone" the Village Media is going to start posting articles full of concern that Obama has abandoned bipartisanship and that the man who promised to be the "President for all Americans" has given up on his promise. It's ridiculous, but that's how DC "journalists" think. Obama will continue to say he wants to be bipartisan right up until the moment he signs whatever bill they put in front of him.
Do we really believe that Obama is so dense and closed off that he doesn't notice that the GOP is not dealing in good faith? I know he's been frustrating to watch, and Obama has made some mistakes. But let's not assume complete idiocy on his part.
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CT Voter
September 5, 2009 2:14 PM in reply to Xantar
Actually, my comment had more to do with how you get from that statement to "reaching out to Republicans".
Looking at that statement, I would not have drawn that conclusion at all.
And no, I don't think he's dense or closed off. I do think, though, that the "reaching out", whether real or for show, has probably slowed things down to the point that we're in danger of nothing getting done.
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musgrove
September 5, 2009 3:07 PM in reply to CT Voter
How has it slowed anything down? The people slowing things down was the Baucus and the other idiots over there in the finance committee not Obama. Obama wanted to push a bill through the committee's before august for a reason. Now it sounds like a bill will get through the committee soon and we can move on.
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The Commenter Formerly Known as NCSteve
September 6, 2009 3:10 PM in reply to CT Voter
I also wonder whether your perception of a "lack of progress" is due to the fact that Congress hasn't been in session for the last month. By defintion, "no progress" occurs in August.
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CT Voter
September 7, 2009 11:44 AM in reply to The Commenter Formerly Known as NCSteve
It probably has more to do with the fact that people have become increasingly disenchanted with what they see as Obama's "Plan", even though Obama hasn't really proposed anything detailed (yet).
And more to do with Baucus' foot-dragging, which allowed Republicans to seize the media spotlight (helped by the media's obsession with "conflict"), and create larger problems for Democrats.
It also has to do with the suspicion, on my part, that had Republicans held the same majorities as Democrats, this issue would already have been dealt with.
In any event, thanks for responding with something other than an insulting reference to the "fringe", which I, apparently, now belong to.
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Viva!America!
September 5, 2009 8:19 PM in reply to Xantar
They do think he is dense. Just look at all the diaries on DKos, the blogs here, the suggestions over at HuffPo, the op-eds, all of the "advice" stating the obvious. I can hear Obama in a sarcastic tone as he reads these things (IF he reads these things), "gee, why didn't I think of that?"
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jeffgee
September 5, 2009 11:34 PM in reply to Xantar
And the "dictator" meme expands
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josephcast
September 5, 2009 2:20 PM in reply to CT Voter
The whole statement is a hedge or a lie if you prefer. They know exactly what they are doing. The whole purpose of all of this from the get go was to water down the bill. Both sides are trying to appease the insurance companies and through them those that have insurance and like it. The fight has never been about those of us that have catastrophic insurance and can't afford anything else. It's not about those that have insurance but still can't afford to go to the doctor. It's never been about the uninsured or those dying from lack of coverage.
It most certainly HAS been about insurance company campaign coffers and cash, however. Both sides are very concerned about that- that's what the real fight is over.
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CT Voter
September 5, 2009 2:25 PM in reply to josephcast
I've been decidedly unthrilled with how the administration has handled this whole debacle at this point, but I don't really believe that Obama is thinking about insurance campaign coffers. Not after what his mother went through.
In any event, I wasn't questioning what the anonymous source meant. I was questioning how one got from what the source said to "Reaching out to Republicans". Seems like a pretty huge leap to me.
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bluebell
September 5, 2009 2:53 PM in reply to CT Voter
True, he let's Rahm thinks about insurance companies filling his campaign coffers.
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FreeRider
September 5, 2009 4:54 PM in reply to bluebell
Sentence structure is not your strong suite, is it?
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bluebell
September 5, 2009 5:40 PM in reply to FreeRider
I haven't been wrong on much else.
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FreeRider
September 5, 2009 10:28 PM in reply to bluebell
You have been wrong about EVERYTHING you've posted here. At least everything I've been able to decipher.
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lousgirl84
September 7, 2009 10:23 AM in reply to FreeRider
co-sign. If it weren't for that beautiful blue eye, the posting would be worthless.
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josephcast
September 5, 2009 2:12 PM
The Obama/Snowe/Gang of Six compromise bill- ya know that will be a good one. I can't wait to see how that sells us down the river. Also, don't forget to watch the subsidies- which will surely be inadequate.
Oh, and thanks for the Savings Initiatives for the moneyed class. Another hand-out for Wall St. too. Surely. Can those of just barely scrapping by, those that are underemployed, and unemployed, get a freaking bone from those on Capitol Hill and in the White House? Can we get some freakin' jobs created here? Can we get some tax deductions or exclusions? Nope- (besides a few paltry drops in the bucket) that's only for people who are already financially stable. Can we get medical care here? Can we not go bankrupt to receive it? Nope, I guess that's for Remote Area Medical- that's our provider.
I'm so pissed at being invisible. I am so mad that those that need help are not getting it. All we get are crickets. Time for a change, indeed, but we never get it. Why? We don't have any money- simple as that.
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Jinx
September 5, 2009 2:24 PM
Why can't the article at least get the facts right, Obama has not called for a troop increase nor has Gates. He has yet to call for anything.
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SqueakyRat
September 5, 2009 4:23 PM in reply to Jinx
Excuse me, but Obama has already committed himself to increasing troops in Afghanistan by 21,000 by the end of the year.
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bluebell
September 5, 2009 2:56 PM
Now, about that retirement savings stuff - didn't we used to have a thing called pensions you know back in the day when we had unions and jobs and liberals and a party that put people ahead of the financial industry?
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FreeRider
September 5, 2009 4:59 PM in reply to bluebell
And back in the good ole days, Bluebell was all sunshine and light and talked about all the great things in the world.
Do you really expect anyone to believe that you've ever found anything good to say about anything in your miserable life? When there were pensions, you were complaining that they didn't come with ponies!
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Indie Pro
September 5, 2009 9:24 PM in reply to FreeRider
are you here to troll Bluebell?
is this a personal issue?
Did Bluebell steal your pony?
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bluebell
September 6, 2009 11:09 AM in reply to Indie Pro
It drives him crazy that I continue to predict the next disaster. The Republicans are all over the MSM this meaning on full scale, maximum offense, selling a totally different Republican bill while the MSM is playing Obama's speech to a joint session as a major concession to Republicans.
I keep saying, the public option is only the NEXT concession. It will not be the last concession.
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FreeRider
September 6, 2009 12:45 PM in reply to bluebell
Ooooooh! Republicans are selling a different healthcare bill? Is that like the stimulus plan they put forward?
Ooooooh! MSM is portraying the speech Obama is going to give as a surrender? Wonder how they got an advanced copy.
Yep. This is a disaster allright. Obama should just give up on HCR and resign right now. It's over. His presidency is over. The Democrats shouldn't even run in 2010. Pelosi should hand the gavel to Boehner. {rolling eyes}
The fact that you think ANY of this shit matters proves how completely and utterly stupid and gullible you are.
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bluebell
September 6, 2009 1:08 PM in reply to FreeRider
I hope you aren't a trial lawyer. They're the next ones to be thrown under the bus. Why - because that's the next thing the Republicans want and one thing you can say about Republicans, they all know how to sing the same song on cue.
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FreeRider
September 6, 2009 3:15 PM in reply to bluebell
blah, blah, blah! Yeah, the Republicans are so great and know how to get their way! That's why they went from "the permanent majority" to being routed in the last two elections and are relegated to a regional redneck party led by a fat drug addict, an idiot who believes proximity to Russia conveys foreign policy creds and a mentally unstable Mormon with daily complaints about pain from his butt surgery.
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Indie Pro
September 6, 2009 1:52 PM in reply to FreeRider
oh. so it is a personal troll. weird.
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FreeRider
September 6, 2009 3:17 PM in reply to Indie Pro
Say the person who thinks $100/month for a family of four is too much to pay for health insurance.
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Indie Pro
September 6, 2009 10:09 PM in reply to FreeRider
have no use for trolls.
and if you think every family of four has an extra $100 laying around, oh nevermind, you're useless. Go troll.
I'm sure when that family is forced to pay $100 a month, though in the article linked by TPM it was $250 a month after subsidies (I was being generous to the plan), I'm sure that family won't see it as a tax.
They won't see it as a giveaway to the insurance industry.
I'm sure they'll be thankful to take that money out of grocery money and send it to away, and be thankful to Obama and the Democratic Party. Woohoo.
We're forcing you to buy insurance, that's Universal Healthcare!!!
Sorry we couldn't get any cost controls in there. Boo hoo. Pay up! Incrementalism, you know. The cost controls we'll squeeze in later.
Obama needed a win!! That's what's important after all.
You tool. You useless good for nothing piece of crap troll.
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FreeRider
September 7, 2009 8:16 AM in reply to Indie Pro
Cable costs $150/month. Cell phones costs $100/month. It depends on your priorities.
Right now a family of four pays $1000/month so excuse me if I think paying even 1/4 of that is a good deal.
If a family truly can't afford $100/month for health insurance, they probably qualify for Medicaid.
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Jason Miller
September 5, 2009 5:57 PM in reply to bluebell
What day was that? Gotta link?
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Michael A
September 5, 2009 7:27 PM in reply to Jason Miller
I don't think a link exists for "the day." Also, I believe "back in the day" doesn't refer to a specific date. Nonetheless, I don't think that you could "date" by specific day the extinction of the dinosaurs either. It was over too long a period of time.
Nonetheless, here is a link:
http://20somethingfinance.com/blog/2009/04/30/pensions-vs-401ks-why-you-should-care-that-pensions-are-going-extinct/
I had to look up the definition of a pension, because I forgot what it was. I don't know a sole who has one, but I do understand that they supposedly still exist in very small numbers. I guess pensions would be defined as being on the verge of extinction, but not extinct quite yet.
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Jason Miller
September 6, 2009 8:54 AM in reply to Michael A
We aren't talking millions of years of Jurassic history. We are talking about the last couple decades, so I fear your allusion doesn't really hold up.
My main point was there has never been some halcyon worker's paradise in America where everyone had a union job with a pension and health care and the liberals were in charge and all was right with the world. At most, in the 1960s, unions made up around 30% of the workforce, yet most companies provided pension benefits as a part of doing business.
Our problems are much complex and systemic than bluebell seems willing to acknowledge.
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bluebell
September 6, 2009 12:03 PM in reply to Jason Miller
Our problems are complex, our ideology is non-existent. Goals flow from values. I can even give the Republicans credit for never forgetting that. In fact, they've sold their values to way too many Democrats. There is always a tension between individualism and communitarianism - the loan ranger vs. the town. We admire the first. Most of us wind up part of the second, even old rangers.
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Michael A
September 6, 2009 8:09 PM in reply to Jason Miller
That's the point, because of the union pressure most businesses provided pensions. Now they don't. It's every person for themselves and gee, what a shock, when the businesses dropped pensions for the all wonderful 401k there was not a corresponding increase in salaries. Salaries have been stagnant since 1970 and the benefits have been dramatically cut off, soooo actually salaries have been decreasing. When this age group retires that has no pensions and reduced social security, it is not going to be pretty.
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Jason Miller
September 6, 2009 8:42 PM in reply to Michael A
The unions at the turn of the century changed the worker's lot in life substantially, but they had very little to do with "forcing" vast percentage of the non-union corporate world to provide benefits they didn't think were required. Union membership has never been high enough in this country to force any sort of change. It is more the expectations of workers that change and drive changes in companies as a result.
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Indie Pro
September 6, 2009 10:12 PM in reply to Jason Miller
you shold learn more about unions, and what they brought to this country. The 40 hour work week. The 5 day work week. Child labor. Health and safety in the work place.
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Jason Miller
September 7, 2009 10:18 AM in reply to Indie Pro
I have been in the carpenters union. My father is a retired union sheetmetal foreman. I'll probably end up in the Writer's Guild of America at some point. I know exactly what the unions are and what they aren't and what they have failed to achieve after more than a hundred years of struggle, despite any early success.
Most of the improvements for workers that you cite came in the early years of the 20th century. The last of them, OSHA, was signed by Nixon in 1970. The unions are resting on the laurels of people they never even knew and clearly don't support the rights many died to defend since unions have been in a rearguard retreat for more than forty years, mostly of their own making due to a lack of innovation.
I agree with their end goals but can only laugh at their methods and seek to find a better way to deliver.
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OhioGuy
September 5, 2009 7:53 PM in reply to bluebell
So your point is that Obama is doing a bad thing by encouraging people to save for retirement?
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bluebell
September 6, 2009 12:50 PM in reply to OhioGuy
He's selling conservatism. He's delivering their message. As long as Democrats help them sell their message, they will win. So when they come to dismantle Social Security, you'll know why. Democrats sold the message that all you have to do is take care of number one, ME.
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FreeRider
September 6, 2009 3:19 PM in reply to bluebell
Saving is a bad thing!! Because we all know that social security is enough to live comfortably.
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AdAbsurdum
September 6, 2009 4:53 PM in reply to bluebell
Your opposition to this totally baffles me. Personal savings do not have to be viewed as antithetical to a public safety net. The safety net, as its name implies, is the fallback rather than the main mechanism for individual economic stability. In addition, the fact that a concept may smack of Reaganism usually but does not always automatically render it a bad idea. Bear in mind that savings are promoted by most progressive societies and have been an important mechanism for personal security and economic growth since long before Reaganism embraced it.
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bluebell
September 6, 2009 5:29 PM in reply to AdAbsurdum
I've got nothing against saving. I am totally opposed to the Democratic Party's strategy of channeling right wing messages. There is no place for a liberal in today's Democratic Party.
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mcc
September 5, 2009 4:14 PM
This is a case for bold action, not a stick in the eye to our supporters
At this point, any acknowledgment that Republicans/conservadems exist in Congress and at least one or two in the Senate must be worked with will be interpreted as "a stick in the eye to supporters"
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inokeah
September 5, 2009 10:23 PM
This reminds me of the kids TV program back in the day when the funny guy told the kids to go to there moms purse, get a dollar, put it in an envelope, address it to the TV station with his name on it....and..
Oh, wait that is next Tuesday !
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JohnMcCSF
September 5, 2009 10:33 PM in reply to inokeah
We're the nation of Barnum and Bailey
Bill Moyers
http://www.pbs.org/moyers/journal/09042009/watch3.html
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hoppycalif2
September 6, 2009 12:50 PM in reply to JohnMcCSF
That was a great summation by Bill Moyers. Mr. President needs to quickly decide to be a President and not a social worker for the Repub lunatics. And, while we are at it, the fiasco in Afghanistan continues, just as open ended as ever, with even the military acknowledging that there isn't a way for us to ever "win" there. If Obama could explain why we are still there, losing good American's lives, I would be very interested.
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Indie Pro
September 6, 2009 1:55 PM in reply to JohnMcCSF
Bill Moyers!!!! Rocks!!!!!
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