Great Depression

17 Democratic Senators Have Learned Nothing From Great Recession, And Are To Be Condemned For Joining Republicans To Cut Back Banking Reforms

In 2008-2009, we saw the collapse of the American economy, with the biggest banks and Wall Street firms guilty of causing it.

None of those banks or Wall Street firms paid a price for their illegal, unethical activities, which destroyed the economy in a manner unseen since the Great Depression of the 1930s.

Under Barack Obama, the Dodd-Frank Law was passed to insure accountability of banks and Wall Street, so that what happened a decade ago would never happen again.

But now, under a Republican Congress, the action to destroy the Dodd_Frank Law is occurring, and has been assisted by 17 Democratic Senators, and only with at least 10 of them, could such action to eliminate Dodd-Frank have moved forward.

It is shocking to see 17 of the 49 Democrats and Independents in the Senate become turncoats who effectively joined in this evil act, and all 17 need to be called out and denounced.

The problem is too many politicians gain campaign contributions from the big banks and Wall Street, so it compromises their ability to represent their states in a proper manner.

The problem is that if these Democrats are repudiated, it would only aid Republicans in possibly gaining their seats, so the issue is that it is preferable to have Democrats who will support the party on many issues, even if not on this issue.

Liberals and progressives will argue that they should be “primaried”, but the reality is that would only help promote more Republican senators, so we are in an area that could be described as “between the devil and the deep blue sea”!

But we must at least list these 17 Senators, so we are all aware of their “treason”:

Michael Bennet of Colorado
Tom Carper of Delaware
Chris Coons of Delaware
Joe Donnelly of Indiana
Maggie Hassan of New Hampshire
Heidi Heitkamp of North Dakota
Doug Jones of Alabama
Tim Kaine of Virginia
Angus King of Maine (Independent)
Joe Manchin of West Virginia
Claire McCaskill of Missouri
Bill Nelson of Florida
Gary Peters of Michigan
Jeanne Shaheen of New Hampshire
Debbie Stabenow of Michigan
Jon Tester of Montana
Mark Warner of Virginia

Ten of these 17 Senators face an election in 2018—Carper, Donnelly, Heitkamp, Kaine, King, Manchin, McCaskill, Nelson, Stabenow, and Tester.

Of these 10, only Carper, Kaine and King are in states that went to the Democrats. The other seven were Republican states, and makes the task of keeping their seats ever more difficult.

Of the 17 Senators, only 8 of them, those from Colorado, Delaware (2), New Hampshire (2), Virginia (2), and Maine came from states carried by Hillary Clinton in 2016.

So, sadly, we do not have the privilege and ability to call for the defeat of the ten who are running this year, but even true of the seven who are not running, as they are still better than Republicans to hold the seats.

Otherwise, the Democrats will lose all chance of ever gaining a majority, if they stick to an extreme progressive view of who is acceptable as a Democratic member of the US Senate.

However, one point should be made clear, that none of this list above should ever be considered seriously for President, with the reality that only the two Virginia Senators, Tim Kaine and Mark Warner, are even talked about at all as potential nominees.

Tim Kaine may have run for Vice President with Hillary Clinton in 2016, but his support of repeal of the Dodd Frank Law should disqualify him and Warner for future Presidential consideration.

The Outrageous Statement Of Donald Trump On Wanting To Be President For Life, As The President Of China: NO WAY EVER!

Over this past weekend, Donald Trump went one step further, a big step further, in his destruction of the traditions and accomplishments of America’s previous 43 Presidents.

Trump stated how much he admires the President Of China for becoming a person who did not have to gain approval anymore, and had declared himself President for life, effectively a totalitarian dictator, in the vein of Adolf Hitler, Benito Mussolini, Joseph Stalin, and Mao Tse Tung. Trump has already praised the leaders of the Philippines, Turkey, Egypt, and China earlier, and has not a word of criticism against Russian dictator Vladimir Putin, who has clearly undermined our election system, a declaration of war by means of technology.

Trump envisions himself in this manner, and yet the Republican leadership in Congress, which should have reacted in denunciation immediately, has remained silent, making them guilty of collusion with a person who clearly has Fascist tendencies, and is a danger to all civilized nations, as well as the American people.

This is a man who, by starting a trade war with tariffs against the European Union, Canada, Mexico, Japan, and South Korea, is likely to lead us to another Great Depression, vastly increasing consumer prices, and destroying the ability of our nation to export goods overseas.

At the same time, he is clearly on the way to war with North Korea, including the possibility of nuclear war, which would kill millions, not only in North Korea, but in our allies, South Korea and Japan. And his goal to go to war against iran was emphasized today by visiting Israeli Prime Minister Benjamin Natanyahu, who like Trump, is power hungry and corrupt to the extreme, and in danger of being removed, as much as Trump is.

So we could have two wars at the same time, against North Korea and Iran, and Trump’s Russian collusion is getting clearer, and means our national security is threatened.

Trump is a man that is unhinged and unstable to the extreme, and is capable of declaring martial law, and suspending the Constitution.

Trump has already violated human rights of immigrants, racial minorities, women, and gays and lesbians, and has destroyed consumer and worker rights, and done great damage to the environment, and he has no limits in his attack on the entire American tradition and accomplishments of presidents of both parties from Theodore Roosevelt to Barack Obama.

Trump is a clear and present danger to all of us, including his irrational, clueless followers, and he MUST be removed from office rapidly, as the American people and nation are under direct threat from his maniacal behavior and actions.

Mass demonstrations and marches are now required, or else the history of this nation will be permanently damaged, and we have not survived the Civil War, Great Depression, Cold War, and some failed Presidents, and some dangerous Presidents such as Richard Nixon, to sit back and accept the dissolution of the American nation, the best hope of freedom loving people everywhere!

March 4 In Presidential History

March 4 is part of Presidential history from 1789 through 1933, as the 20th Amendment, ratified later that year, changed Inauguration Day to January 20, starting in 1937.

March 4, 1789 was the day that the newly ratified Constitution went into effect, but George Washington was not in New York City on that day to be inaugurated the first President, only arriving 57 days late and being inaugurated at Federal Hall in lower Manhattan on April 30, 1789, so therefore did not serve a full eight years, as his second term ended on March 4, 1797.

March 4, 1801 saw the inauguration of Thomas Jefferson, and the world witnessed the first peaceful transition of power from one political party to another, and the losing party and candidate gracefully exiting.

March 4, 1829 saw the inauguration of Andrew Jackson, “the people’s President”, first born as NOT part of the aristocracy, and seen as representing the “common man”.

March 4, 1841, saw the inauguration of the first Whig President, William Henry Harrison, who gave the longest inauguration speech without a topcoat in cold, rainy conditions in Washington, DC, and proceeded to fall into illness, believed to be pneumonia, confined to bed and at times in a coma, until he died exactly one month later, April 4, 1841.

March 4, 1857, President James Buchanan was so sick that he considered bypassing a public ceremony of inauguration, but went through the motions, and then was in bed recovering for two weeks, before being able to lead the nation.

March 4, 1861, after a dangerous trek from Springfield, Illinois to Washington, DC, and surviving a potential plot on his life (Baltimore Plot), Abraham Lincoln was sworn in as the first Republican President, in the midst of seven states having declared their secession from the Union, and only six weeks to the outbreak of the Civil War.

March 4, 1865, the second inauguration of Abraham Lincoln, and the giving of the most famous Inaugural Address, “With Malice toward none, with Charity for all”, Lincoln did not know that his future assassin, John Wilkes Booth, was in the inauguration crowd, and was moving toward the Inauguration stand as Lincoln spoke.

March 4, 1885, Grover Cleveland was sworn in as the first Democratic President since before the Civil War.

March 4, 1913, Woodrow Wilson was sworn in as the first Democratic President in a generation, and only the second since the Civil War.

March 4, 1933, the last such inauguration date, Franklin D. Roosevelt was sworn in as the nation was in the worst moments of the Great Depression, and he gave the second most remembered Inauguration speech, “Let me assert my firm belief, that the only thing we have to fear is fear itself”, and rallied the nation around what came to be known as the New Deal.

88 Months of Job Growth, All Time Record, So Future Is Economic Recession, Just A Question Of When And How Severe

America has experienced 88 months of job growth and an improving economy, an all time record, so the future is economic recession, with the only question being when and how severe it will be.

It is like gravity, in that what goes up must come down, and Donald Trump has been bragging as if he created the economic growth, when it was the contribution of Barack Obama, who was overseer over the greatest economic recovery in American history, and without war.

Franklin D. Roosevelt is credited with helping to solve the Great Depression in the 1930s, but it took until war spending for World War II for the recovery to be totally successful, while Obama avoided a major war, and created the economic conditions that now Trump is making it as if he did it all by himself in the past year.

Trump came into office with a great economy, while Obama came in at the worst time since Herbert Hoover, and had to deal with what we call the Great Recession.

As I write this, the stock market has had its two worst days in two years, losing 666 points on Friday, and 1175 on Monday, making for the greatest two day loss in stock market history. The market actually went down 1579 before it revived to 1175 by the close of trading. So it went down in the past two days by 1840, a total of seven percent of the stock market.

It will be interesting to see how Donald Trump reacts to this, since he loves to give himself credit for the improvement in the stock market, even though it was steadily rising under Barack Obama, who he will never give credit to on anything.

if the economy falters, Trump will lose a lot of his supporters, and his public opinion polls will collapse into the 20s instead of the low to mid 30s where it is right now.

Barack Obama Produced An Economic Miracle Without War, Better Than FDR, But Not Acknowledged By Donald Trump

This blogger saw a headline on MSNBC yesterday, stating that the stock market was on an upward spiral for the 8th year in a row in 2017.

That is correct, and Donald Trump keeps on reminding us of that fact.

But what he and the cable station did not make clear with that headline, is that the stock market has been going up steadily since 2010, the second year of the Barack Obama Presidency.

Obama had SEVEN years of economic growth, and the stock market up went up more than 250 percent in those eight years, unmatched in American history.

Additionally, unemployment went from 10 percent when Obama came into office to under 5 percent when Obama left office, a truly magnificent accomplishment.

Obama had to deal with the Great Recession that occurred under George W. Bush, and he brought about a tremendous revival, greater than Franklin D. Roosevelt during the Great Depression, which he inherited from Herbert Hoover. FDR needed the war spending on World War II in 1939-1940, before we entered that war in 1941, to fully revive the economy.

So Obama had a greater success than FDR, and without America going into or about to enter into a major war.

That is no mean feat, and yet, Donald Trump acts as if the great economy he inherited was all due to him, and refuses to give any credit to Barack Obama. Trump is extremely lucky to have had a good economy when he entered office, unlike FDR and Obama, but that makes what they accomplished, even more impressive.

So the facts are that Barack Obama produced an economic miracle, which will help him to rise in rankings of Presidents in the future, from the present Number 12 in the C Span Survey of Presidential Scholars in January 2017.

Republicans Gave Us The “Panic” Of 1873, “Panic” Of 1893, The Great Depression, And The Great Recession, And Are Now Further Harming America With Tax Cuts For Wealthy And Corporations

The Republican Party gave us the Great Depression of 1929 under Herbert Hoover, caused by Republican policies under Calvin Coolidge.

President Franklin D. Roosevelt, the Democrats, and the New Deal programs saved millions of Americans in the years from 1933 to 1939, when the military buildup for a potential entrance into World War II finally led to a total recovery of the economy.

Earlier, in the 1870s, Republican President Ulysses S. Grant presided over the Panic of 1873, which lasted until 1879, also under a Republican Congress.

In the early 1890s, Republicans, under President Benjamin Harrison, undermined the economy, and as Democrat Grover Cleveland succeeded Harrison in the White House, America entered the Panic of 1893, which did not end until 1898, and entrance into the Spanish American War.

And in late 2007 until early 2009, we had the Great Recession under Republican President George W. Bush, the worst situation since Herbert Hoover and the Great Depression, and it took the entire Barack Obama Presidency to bring unemployment down from 10 percent to under 5 percent, and the stock market grew by close to 250 percent.

Obama accomplished a revival that was greater than FDR, and without going to war.

Now, the Republicans are trying to ram through a massive tax cut for corporations and the wealthy top one to two percent, which will further harm America. It is likely to lead to another Great Recession, made worse by the likelihood that the Republicans will attempt to undermine Social Security, Medicare, and Medicaid in 2018, because of lessened funding with the cut in taxes collected. This will force massive cuts in the social safety net of the New Deal of FDR and the Great Society of President Lyndon B. Johnson.

Robert F. Kennedy, The “Un Trump”? Two Wealthy, Privileged People, And Their Diverse Evolution

Two NBC/MSNBC anchors, Chris Matthews and Lawrence O’Donnell, have just published books on the life of Robert F. Kennedy, and on the Presidential Election of 1968, respectively.

Both books are well worth your attention, as they bring back a half century ago, when a wealthy, privileged person, Robert F. Kennedy, united white working class and minority working class people together in a time of tumult, making him a rare political leader.

He also attracted the support of wealthier liberals, and had the capability to unite the country in a time of the civil rights movement and the war in Vietnam.

Had he not been assassinated, RFK would likely have been the Democratic Party nominee, instead of Hubert Humphrey, and would have likely defeated Richard Nixon, and there would have been no Watergate scandal.

No one is saying that RFK would have been God, but certainly, the history of the United States would have been better with him than with Richard Nixon.

Now we have a leader of similar wealth and privilege, but with a totally different bent on every issue imaginable.

Donald Trump revels in dividing people, and using race, religion, and ethnicity to cause tumult and turmoil.

Donald Trump does not have a decent bone in his body, and sees everything in terms of the dollar sign.

Donald Trump has no concern for the average American’s life and future, and instead, promotes demagoguery and hate.

The damage he has done in the year since his election tomorrow, November 8, is so long lasting, that despite no legislative accomplishments, he has set back the nation in so many ways, often to before the years of the New Deal in the 1930s.

It is as if we are in a time warp, and back in the 1920s before the Great Depression and World War II.

And it is highly likely that the damage he has perpetrated in one year will lead to another Great Depression, social turmoil, and World War III, since he has no clue or understanding of domestic or foreign affairs, and only the top one percent will benefit from his destructive agenda.

So Robert F. Kennedy is indeed the “Un Trump”, but sadly, we have no one on the horizon at this moment who seems capable of emerging with the image and agenda of Robert F. Kennedy.

If we did find such a person, we would have optimism about the long range future of the nation, so the goal must be to find the right individual to lead the Democratic Party into the future, and return to the RFK commitment to social, economic, and political change.

Constitution Day: 230 Years And In Danger From Donald Trump In 2017, But The Constitution Will Survive!

Tomorrow, September 17, is the 230th Anniversary of the signing of the Constitution by 39 delegates at the Constitutional Convention in Philadelphia.

The so called “Founding Fathers” brought about a document that was not perfect, but has survived through the crises of the Civil War; the Great Depression; the two World Wars; the Watergate Crisis; and now faces the challenge of the most dangerous Chief Executive in American history bar none!

By comparison to Donald Trump, Richard Nixon was a choirboy, dangerous in many ways, but also accomplished in many ways.

Nixon contributed some real positive developments in his five and a half years as President from January 20, 1969 to August 9, 1974, while Donald Trump has accomplished essentially nothing, other than the adding of Neil Gorsuch to the Supreme Court.

Trump has threatened constitutional norms, with his attacks on civil rights, civil liberties, the news media, the judiciary, the intelligence community, and the basic institutions of government, including the government agencies themselves, which he is trying to decimate in their effectiveness and even in their numbers, when more is needed in a growing nation with 325 million people.

Trump has threatened the security and safety of millions of Americans of minority religious and racial groups, and he has had the support of white supremacists, Neo Nazis, Neo Confederates, and the Ku Klux Klan, which he tries to equate with those opposed to these groups.

Trump has undermined our relations with our allies in Europe and Asia, and the tensions with North Korea have been increased by his reckless tweets and rhetoric, and the same goes for Cuba, Iran, Venezuela, adding to the potential for military intervention everywhere.

Our relations with our direct neighbors, Mexico and Canada, are at the worst in many decades, and our closest ally, the United Kingdom (Great Britain), is becoming more exasperated by Trump’s utterances. The same situation exists with Germany, France, South Korea, and Japan, and our major rivals, China and Russia are perplexed with Trump as well.France

There is great concern that Trump might use nuclear weapons, which no official other than the Secretary of State can even discuss with him directly under present policy, and Trump has the final say on that.

There is also concern that Trump could attempt to declare martial law if there was another September 11 type of attack by terrorists, suspending the Constitution and Bill of Rights.

And to top it off, Trump seems to many to have a form of dementia, maybe Alzheimers, or just mental instability that is often a problem with aging seniors, but having him in a position which could provoke world wide war and disaster is an alarming circumstance of massive proportions.

Trump is a danger, but we must have confidence that the Constitution will survive his threat, but we must all be vigilant, and be ready to react if any threat seems evident as imminent.

The worst thing we could all do is trust Donald Trump, and sit back and just accept whatever he does, so thank goodness for the free, independent news media!

America In Crisis: Danger Of Massive War In Asia; Immigration Conflict; One Historic Destructive Hurricane After Another!

America has gone through many crises and troubles in its history, but right now, in the eighth month of the Donald Trump Presidency, we are faced with a multitude of crises that challenges us in a massive way.

We have the danger of imminent and disastruus war in Asia with the rogue regime of North Korea, which could include nuclear war, and even with a conventional war, the potential to lose more of the population of South Korea and Japan, as well as American soldiers and expatriates, than at any time since 1945 and the end of World War II.

We have the conflict over immigration, which is tearing this nation apart, as Donald Trump appeals to white supremacists who want deportation of millions of people, which would undermine the American economy and society in so many ways many Americans do not realize.

And we have had the most destructive hurricane in American history in Hurricane Harvey, which has devastated the fourth largest city and metropolitan area in America in Houston, Texas, followed by the threat of an even more destructive storm in Hurricane Irma, now barreling toward South Florida and the entire Florida peninsula, at a record 185 miles per hour, and wind gusts as high as 225 miles per hour, enough to cause a catastrophe possibly even greater than Houston and Southeast Texas.

In the midst of these crises, we have a totally incompetent, inexperienced, and mentally unhinged President of the United States, who is a danger to the nation he leads. He has no clue in how to deal with any of these crises, and others.

2017 seems very likely to go down as one of the worst years in American history, along with the Great Depression and World War II years, and the Civil War years, and the stupidity of one third of our population endorsing and supporting Donald Trump in all of his maniacal behavior, is a major reason why this year is such a tragic year, with almost four months to go. The Trump loyalists will never admit they were wrong, and that their vote has undermined America long term.

The Pure Ignorance And Stupidity Of Donald Trump Is Beyond Belief!

Donald Trump is supposed to be an intelligent man, but if one listens to much of what he says, one can come to the conclusion that he is extremely ignorant and stupid.

He claims to be smarter than everyone, and that his best advisor is who he looks at in the mirror.

So he tells us that climate change and global warming is a hoax.

He informs us that Korea was part of China.

He tells us that his First Hundred Days are the most accomplished of any President, forgetting Franklin D. Roosevelt.

He talks about Frederick Douglass as if he was still alive, although he died in 1895.

He informs us that ISIL (ISIS) is due to Barack Obama, although it is actually due to the Iraq War initiated by George W. Bush and Dick Cheney.

He claims that the unemployment rate and jobs report under him is fantastic, while repudiating similar figures in the last months in office of Barack Obama as fake statistics.

He says that Barack Obama left a mess, even though Obama created more jobs in his Presidency than any President, and left us with a tripling of the stock market and halved the unemployment rate when he came in, having inherited the worst economic conditions since Herbert Hoover and the Great Depression.

He lies about inauguration crowds, and the numbers at the New England Patriots White House event.

The man is a perpetual liar and deceiver of the facts, and yet has millions of clueless people still honoring him.

It is in many ways as if America elected a totally inept, unstable, ill informed leader, and yet not an issue to millions of gullible Americans, which says legions about them, and is a sign of the massive problems we face.

Alternative facts, which means pure right wing propaganda, is rampant, and millions of Americans are totally unaware of the realities of science and history, and simply believe what right wing media tells them.