For the 'no difference' crowd here: House voted 234-183 FOR Wall Street to Steal Billions

[blm]

The 183 were all Democrats. Tell us again how there is no difference between the two parties so you feel OK with Trump in the WH.

http://www.huffingtonpost.com/entry/house-fiduciary-rule_us_57222ef1e4b0f309baeff11b

The House Just Voted To Give Wall Street Billions From Americans’ Retirement Savings

Investment advisers are allowed to give you bad advice. The House wants to keep it that way.

[MBS]

1. Thanks for posting this, BLM. n/t

[Wellstone ruled]

2. This is only the start of anti-99% Legislation.

Appears man of the Rethugs internal polling is telling them their stint in D.C. is coming to a end and they better pass Bills that thank their Masters.

[blm]

4. That's exactly what happened in the last months of 1992, as I recall.

BushInc couldn't get away with it in 2008 with a Dem congress.

[egalitegirl]

3. The 234 had Democrats too and it is those we oppose

It is those who voted for the theft that we oppose. Excuse me, if you call it stealing and oppose those who voted for it, do you also oppose the Senators who voted for the theft by Wall Street? Every single Senator?

[blm]

5. This is for 'no difference' between the parties crowd. I illustrated there IS a difference.

You are welcome to state your opinion that there would be no difference with Trump if you identify with the statement in my post. But…..Your reliance on outliers to keep you in that crowd is entirely your decision. This is STILL DemocraticUnderground….not….NoDifferenceBetween DemsAndGOPsUnderground.

[BlueMTexpat]

9. + a million!

Thanks for posting this article, blm.

And yes, there IS a difference.

[egalitegirl]

13. Difference is between individuals (check out Democrats in 2008)

If you look at the Wall Street bailout of 2008, more Democrats than Republicans voted for the passage of the bill.

140 Democrats and 65 Republicans voted for the theft in the first attempt to pass the bill.
172 Democrats and 91 Republicans voted for the theft in the second attempt.

In the Senate, 39 Democrats, 34 Republicans and one Independent voted for the theft.

Source: http://www.politifact.com/oregon/statements/2010/oct/18/kurt-schrader/kurt-schrader-says-more-republicans-democrats-vote/

[BlueMTexpat]

39. So you would really have wanted a

worldwide Great Depression that would have made that of the 1930s look like a stroll in the park?

Because that was the alternative.

[egalitegirl]

44. A better alternative

Let us not fall for the Right Wing talking point that Bush saved the world with the bailout and we should all be grateful to Bush. The alternative was to protect the depositors and let the bankers take the hit.

[bhikkhu]

45. I was always in favor of the TARP program

The alternative was a long and deep market-based solution, which was most likely to be a long and deep economic depression. Instead we got a government led intervention, and an immediate turn of course into recovery. The primary argument against is a principled stance against government intervention in markets, which I don't agree with. It should have come sooner, and if we had had better government regulation and oversight in the first place the TARP program wouldn't have been necessary.

The OP describes legislation which is fundamentally opposite of what was done in the TARP program.

[egalitegirl]

46. We had many regulations and they knew it would happen

Bailouts happen every decade and it is not due to lack of regulation but because the banks now know that they can gamble money as the government will bail them out. The alternative was for FDIC to insure the depositors money and let the banks go under. That would not have led to a depression but a vibrant economy and the creation of at least 7.5 million jobs.

[bhikkhu]

47. Its easy to idealize the path not taken

What if we let the banks fail, and the FDIC bailed out depositors instead of giving the banks the leverage to stay afloat? The first problem was that there was never a feasible plan for the FDIC to do that; they didn't have the money, and neither did the treasury. The only credible suggestion I've read was to nationalize the banks, but there was never any real public or legislative support for that. Or any plan.

What if we also let GM and Chrysler go bankrupt (another part of the TARP bailout)? The textile and steel industries in the US mostly folded up previously, so perhaps the automakers should be allowed to follow in turn, as another natural market-driven evolution? How vibrant would that have been?

In any case, it was a lack of regulation, and the regulations have been improved. A great deal has changed.

[egalitegirl]

48. Regulation is not the problem but the concept of financial industry

The problem is not the lack of paperwork which is called regulation but the fact that the financial industry does not produce anything of value but is just plays a middleman's role but makes enormous amounts of money for this role. In some industries, a middleman is required but nowhere should middlemen be the power and reduce the manufacturing class to servitude.

Bush bailout is not good. It was theft.

[egalitegirl]

10. Nothing to do with outliers, DC puts on a show for us

I may be wrong about Democrats being part of it and my apologies for it. I have not verified the information. I thought the thread was about the 2008 theft.

That said, Congress members do not vote according to ideology but manufacture outcomes to fool the public. Republicans and Democrats work together. The final numbers are decided in back rooms and the Speaker calls for a vote only after negotiating who will vote for a bill and who will vote against it. They take into consideration the election year, appeasing the big money contributors, corporations and so on.

Democrat members being corporatist are not outliers. The progressives are the outliers.

[blm]

12. OK…and thanks for lecturing me on subjects I couldn't possibly be aware of in all my

years of being cynical while reading government reports.

[aggiesal]

36. Don't you mean Democratic members? ...

Your use of the word Democrat, bring into play that you
listen to Rush Limbutt.

And since you have a low post number, it looks like you're a troll.

[Hortensis]

16. +1000. Egalitegirl, it's not only House pubs

who need to rush to do their worst before it's too late. This is from DU's TOS for once we're in the GE:

Everyone here on DU needs to work together to elect more Democrats and fewer Republicans to all levels of American government. If you are bashing, trashing, undermining, or depressing turnout for our candidates during election season, we'll assume you are rooting for the other side.

You might want to step up the frequency of your bashing, trashing, undermining, and depressing turnout for our candidates while you still can.

[winstars]

17. +1,000,000 Egalitegirl, please proceed...

"I may be wrong about Democrats being part of it and my apologies for it. I have not verified the information. I thought the thread was about the 2008 theft."

yeah right...

[moonbabygo]

6. Obama can veto this

no?

[sharp_stick]

14. Oh yeah, but it likely won't even get through the Senate

The House hasn't held a meaningful vote in ages. It's been nothing but a sham for ages.

[HooptieWagon]

8. Same Wall St as Clinton's bff Wall St?

[blm]

11. Republicans claim Main Street all the time. ARE they Main Street?

Rand Paul trolls have been claiming there's 'no difference' between the two parties here at DU for years now. IS there no difference between the parties as they claim?

[HooptieWagon]

18. Nader also claimed no difference.

Your theory just went poof.

[blm]

19. Nope - 'No difference' is 'no difference' and both are utter horseshit.

No matter where the claim is generated. Whatever it takes to help you feel better about yourself, makes NO DIFFERENCE to me.

[busterbrown]

15. So expect plenty of Trump Trolls to come a trolling... HERE.!!!

Iim sure they could round up a few haters here.. After all the word is out on the Web on just how many Dems. despise Hillary on D.U.

http://talkingpointsmemo.com/livewire/lewandowski-trump-targeting-sanders-supporters

[Katashi_itto]

20. Not hard to make a show of voting against something when it's already known it will pass.

[blm]

21. That's a great 'no difference' crowd answer. Thank you.

Can you give us a hundred other examples? I especially like the one where they claim that the Supreme Court doesn't matter because there's no difference, too.

[Katashi_itto]

22. You actually believe that Hillary will make a choice of a Justice that hasnt first

been vetted by Wall Street?

[blm]

23. So you ARE dug in that there's 'no difference' between Dem SC justices and GOP

SC justices? Can you show us why you think that using the last 4 administrations and their USSC picks?

That would be very helpful to convince those naive voters who actually think there is a difference between Clarence Thomas and Ruth Bader Ginsburg.

[Katashi_itto]

24. 1. I am not talking about the last 4 administrations.

2. I am not trying to convince anyone.

You are.

[blm]

25. Well, you chose to identify with the 'no difference' crowd and are claiming

that HRC's justice picks will be no different than GOPs even though you can't name any Dem named Justice as an example.

So…if you weren't trying to convince anyone, then why reply to my post as one representative of the 'no difference' crowd?

[Katashi_itto]

26. I am not obligated to jump through your hoops. Again, I wasnt talking about past admins.

your the one changing the subject.



Munches popcorn.

[blm]

27. LOL - Yep that Clinton appointed Ginsburg will be the exact opposite of an HRC

appointed justice.

Don't choke.

[Katashi_itto]

28. And you just waft off to something that you wanted to talk about. Have you thought about celery?

http://www.democraticunderground.com/1018861491

I am perfectly aware of who got who appointed. Your condescension is amazing.

BTW I happen to be running for Dem Delegate in my state what are you doing?

Even running, I still don't have any illusions of what the party actually is.

[blm]

29. GOTV in NC - yeah, Supreme Court rulings matter to me.

Sue me. And if you didn't mean to imply that Clinton's Supreme Court picks would not be vastly different than GOP's perhaps you should have restrained yourself from replying.

[Katashi_itto]

40. I don't need to restrain myself. Your the one wafting all over the place.

[blm]

41. Suit yourself. Or is it you're self, Chewie?

Last edited Fri Apr 29, 2016, 07:27 PM - Edit history (1)

Nah - pretty sure it's yourself.

[Katashi_itto]

42. Munches popcorn

[sendero]

31. Just to get to the verb here...

.. this IS a difference between "no difference" and "not enough difference to bother voting for".

It's not hard to see where I am at here.

Now if Sanders were nominated, I think that would be a real difference. But the presumptive nominee, no difference worth mentioning.

[blm]

32. Ruth Bader Ginsburg. There are a lot of Dems in NC who know the difference is HUGE

and that Supreme Court rulings can last far beyond any administration's other policy decisions.

Perhaps Citizens United ruling and the gutting of Voting Rights Act had no impact on your state. It did in NC.

[Initech]

30. God damn them!!!!

[MisterP]

33. 11 Governors, 13 Senators, 69 Reps, 913 state seats, and left with 26% of the electorate

Clinton's faction can't blame anyone but themselves for this

we're concerned with what they do when they DO have the House

[wryter2000]

34. Thanks for a little bit of sanity

[Bernardo de La Paz]

35. To the No Difference crowd: Perfectionism is the enemy of Goodness. Binary thinking fails

Purism fails.

Binary thinking (all or nothing thinking) fails. Big time.

[Praek3]

37. The 1% are legalizing theft.

The House works for 100% of the people of the USA. They are our employees. Well paid, pampered-assed Takers, the 1% Haves. It is time for the 99% Makers, Have Nots to conquer the lousy 1%ers and put them in their place.

This action is a disgusting slap to the face of every American citizen. Only a traitor would support this.

Think about it.

[LiberalElite]

38. so they vote the way we

wavt sometimes. You gonna gone them a medal?

[Hekate]

43. Kick