Obama: QUIT NOW!

If this struggling country has any hope of reversing the death slide which began over three decades ago, but which has escalated dangerously during the last ten years, it will require a strong, resolute president who will fight for all the American people.

Because Barack Obama is incapable or unwilling to take that leadership role, he owes it to the American people to step aside and let another Democrat run in 2012. That person needs to be a Democrat, because our system is set up so that only a candidate from one of the two major parties is electable. It is obvious that none of the Republican candidates comes even close to having any ideas that would benefit this country. And the prospect of a  Republican president pushing an already activist ultra-conservative Supreme Court even farther to the right for an additional generation is almost too horrible to contemplate.

President Obama needs to declare as soon as possible that he will not seek a second term. He needs to help give another Democratic candidate a chance to build a viable presidential campaign.

The United States is in serious trouble.  We need a progressive-thinking president to lead our country in the direction that so many  of us hoped Barack Obama would have taken us. Since Obama will not be the one to do it, a fiery progressive Democrat must step forward, willing to take on the corporate elite and push for laws to help the middle class, workers, and other Americans slipping behind in this harsh economy.

There are potential candidates who spring to my mind: Howard Dean, Russ Feingold, Al Gore, and Hillary Clinton are established politicians who would draw followers; Van Jones, Alan Grayson and Bernie Sanders could fire up a lot of Obama’s 2008 base. There are probably other potential candidates who, with the right kind of messaging and charisma, could draw a national following and mount a serious campaign.

In no way would it be easy to break away from an incumbent president and run for the highest office in the land next year. But it would be an opportunity and a challenge that is necessary and should not be passed up.

The way things are going, and based on the results we’ve seen already, the enormous problems confronting this once great nation will only get increasingly worse with a weak leader like Obama remaining in office. Undoubtedly he is a good man and would be a decent president in a different era.  But as for being the leader America needs now, he is in way over his head.

It is time, and sooner rather than later, for Barack Obama to decline to run for a second term, and allow an opening for a progressive, non-corporatist candidate to step forward and mount a serious bid for the presidency and to change the course of history.

                                                              POSTED IN OPEDNEWS.COM 08/29/2011
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BPR Quote of the Day: Nuremberg Laws

“If the Nuremberg laws were applied, then every post-war American president would have been hanged.”

Noam Chomsky

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“Karl Marx Had it Right”

Influential economist Nouriel Roubini, who accurately predicted the last economic meltdown, predicts more trouble ahead. In a Wall Street Journal  “Big Interview” on TV last week, Roubini gave a very pessimistic forecast for the world economy.

 

Roubini blamed George W. Bush for the current financial crisis, and for leaving Obama to clean up the mess. He goes on to say tht the U.S. and Europe are implementing austerity programs, when they should be introducing more money stimulus.

Where would he put money now? “This is not the time to be in risky assets,”  suggests Roubini, and recommends putting money in cash now. “Better to be safe rather than sorry.”

Other fascinating quotes from the 22-minute interview:

“The risk of a global recession is greater than 50 percent.”

“Karl Marx had it right.  At some point, Capitalism can destroy itself.”

“You cannot keep shifting income from labor to capital without not having excess capacity and lack of aggregate demand. And that’s what’s happening,”

“We thought markets worked. They’re not working.”

Video: Roubini Wall Street Journal Interview

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Electile Dysfunction

New Dictionary Entry:

ELECTILE DYSFUNCTION

The inability to be aroused over any of the choices for President put forth by either major party for the 2012 election.

An oldie but a goodie floating around the internet…..

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The Next Great Depression: Coming Soon?

Looking at the precarious state of the American and world economy, I would suggest that the volatility of the stock market last week is a strong early warning that a major financial crash in on the way.

The massive amounts of personal and government debt (national and worldwide), the shrinking of the middle class, the dismal employment numbers and prospects, the gridlock and lack of sensible leadership in Washington, economic failures all over the globe–all these and more point to a worldwide economic crisis that could resemble the Great Depression of the 1930s.

I don’t pretend to be an expert in economics, but I don’t see how there can be any other conclusion. It could all start unraveling next week, next month, or next year, but my sense is that it’s coming sooner than later.

Unless I was a certified masochist (I’m not) I wouldn’t want my retirement accounts having much, if any, exposure to the stock market these days. It could all come crashing down.

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BPR Quote of the Day: “The Military-Industrial Complex”

“This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence — economic, political, even spiritual — is felt in every city, every State house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society.

In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists and will persist.

We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”

President Dwight D. Eisenhower

from the Republican president’s Farewell Address to the Nation, January 17, 1961.

Can you imagine a Republican president giving that speech today, or even a Democratic one?  Neither can I.

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The Unending Afghanistan War

If we had a viable two-party system in this country, American soldiers wouldn’t still be in Afghanistan after ten years.

When it comes to war and foreign policy there is no party difference. Because the Democratic and Republican parties drink from the same corporate cash trough, they are of one mind when it comes to building up the war machine and  perpetuating our empire with military muscle.

Is there any sane reason to have 100,000 American troops in Afghanistan right now, and spend $10 billion a month doing so?

There are a great many reasons not to:

  1.  The vast majority of Americans want us out.
  2.  Al-Qaeda is virtually gone from the country.
  3.  Osama bin Laden is dead.
  4.  The Taliban are not in charge.
  5.  Our soldiers are dying in larger numbers.
  6.  We can’t win this war.

We can stay there years or decades longer to ensure that conditions don’t worsen in Afghanistan. In fact, we can do that in dozens of other countries. But that would only ensure the collapse of this country.

I should also mention–because it’s rare you will hear it in the corporate media– than we have about 90,000 private contractors in Afghanistan now, including about 19,000 private security personnel–the ones with guns. They aren’t our soldiers in uniform, but their cost to taxpayers is enormous.

Of course, President Obama has promised to get us out of Afghanistan. I wouldn’t bet my kids’ college fund on his “planned withdrawal” by 2014.  But I would bet it will be contingent on “conditions” there. Even after a 30,000 troop drawdown by the end of this year, we will still have 70,000 American troops remaining in Afghanistan going into 2012, double the number that were there when Obama took office.

American troops will be there for years to come. Anyone want to bet otherwise?

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The Future of American Elections

The spending on Tuesday’s Wisconsin state senate recall election exceeded $35 million, according to the Wisconsin Democracy Campaign, which tracks political money. Some believe it will top $40 million.

Money raised for all the 116 legislative campaigns in Wisconsin last year totaled about half that, $19.3 million.

This, ladies and gentlemen, is the future of our election campaigns, post-Citizens United.

Elections will be won not by the votes of ordinary people, but by the money poured in to influence the votes of ordinary people.

 Wisconsin State Journal

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BPR Quote of the Day: Corporations are People

“Corporations are people, my friend… of course they are. Everything corporations earn ultimately goes to the people. Where do you think it goes? Whose pockets? Whose pockets? People’s pockets. Human beings my friend.”

Mitt Romney

Speaking at Iowa State Fair

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Ratigan Explodes!

Dylan Ratigan loses his cool and makes sense at the same time.

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