Bernie Sanders Tone Deaf? It’s Not All Black And White

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https://www.buzzfeed.com/rubycramer/bernie-sanders-revolution-needs-black-voters-to-win-but-can?utm_term=.au5DEG8dr#.faQ8wvEW9

What do you think? Does Bernie still remain tone deaf to what he says or fails to say to black audiences? Bakari Sellers, one of Bernie’s critics here, was a Hillary Clinton supporter so his criticism can be discounted and discarded The very fact that he supported Clinton shows his own ignorance as to which politicians support black issues and which ones don’t. He totally gets it wrong about Bernie dismissing Obama’s presidency “with utter arrogance and lack of self-awareness.”

Joshua DuBois, is an Obama loyalist whose comments can also be discarded as partisan, being obviously loyal to Obama who really didn’t do that much for black families and individuals during his neoliberal, Bill Clinton 2.0 presidency.

Yes, Obama was the first black president. But please show me all the initiatives his admin pushed that would have benefited black people. What did his attorney general, Eric Holder–a black man who previously worked for Bill Clinton, to do stop mortgage lenders from redlining first time black home mortgage applicants or black homeowners attempting to refi their homes? And how about Obama’s failure to order the DOJ to extract FULL financial retribution for all the homeowners–owned by all ethnicities alike–defrauded out of their homes after the 2007-2008 financial meltdown. And how about Obama’s refusal to make the banks and investment banks (like Goldman Sachs) REALLY pay for decimating retirement accounts through illegal and unethical investment deals? t was Obama’s CEO buddies at Bank of America, Citibank, and JP Morgan Chase, Goldman Sachs, and others behind those actions who emerged legally and personally financially unscathed

How strongly did he have Holder fight all the Republican Voter ID laws that discriminated heavily against black voters? Or against the Republican-gerrymandered congressional districts that effectively neutralized the black vote in many Red states? Any how many of you remember that Obama signed into law the 2014 Farm Bill, passed by both parties in both houses of Congress, the cut $8.7 BILLION from the SNAP program over 10 years?

http://www.msnbc.com/msnbc/obama-signs-food-stamp-cut

THIS is the President Obama that Bernie is tell black people about, if he could only get his message past his tone deaf and partisan black critics? And on a day observing Martin Luther King, Jr.’s assassination 50 years ago, it’s an even more important point to make. The point is that there was finally a black man elected president of the United States, and it didn’t change a thing. So must one be aware of what day it is before one tells the truth? Bernie’s speech in no way denigrated the memory of Dr. King. Just the opposite: it was the perfect day to make his comments, as I’ve already explained.

Another crucial point is that black voters just can’t blindly vote Blue. They–and all Democratic voters–most first demand and then vote for actual liberal politicians and candidates with the vision and guts to make changes to this country that must be made. No more Republicans in Democratic clothing. And the final point, which is a question: why IS it a white politician has to be the one to stand up and say all this to black people?

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Obama’s Two Mistakes

I have had my issues with President Obama.  To me, he has caved in so many times he has miners trapped inside him.  (A tip of the hat to John Fugelsang for that line.).  Well, I’m currently reading a book—which I highly recommend—by Noam Scheiber titled “ The Escape Arti$ts: How Obama’s Team Fumbled the [sic] Recovery”.  It’s been eye-opening.

Although it is true that Obama is a better chess player than poker player (although he strategizes long term, he tends to show his hand early) I now believe Obama has always been sincere in wanting to work with both sides of the Congressional aisle because that was his modus operandi in the US Senate.  It’s also very clear where Obama made his mistakes in this administration because he made two huge ones.

First, for some reason he idolized Bill Clinton and thought his economic team walked on international water, the way the averted global financial collapse and all back in the 90’s.  The fact that what Clinton’s team did led directly to the stock market and banking collapse of 2008 either got by him or by that time since he had his team in place all Obama could say was “Oops.”  What bothers me is the fact that Obama, acknowledging he knew next to nothing about economic policy, looked around and he thought he saw the best financial minds in Goldman Sachs, Citigroup, JP Morgan Chase (to Obama, Jamie Dimon is THE guy), and career US Treasury guys.  The fact that these guys all placed the welfare of global economies, Wall Street and the banks over people (so what if a few million people lose their jobs,  as long as investors are happy and their dollars are safe) EVERY time, didn’t give him pause.  Well, he did pause long enough to appoint Christine Romer as his chief economist; she being the only one who didn’t consider John Maynard Keynes the economic  Anti-Christ.  But as it was, Romer advised a minimum $1.8 trillion stimulus but the Obama team decided $775 billion was all they could go and we all know how that turned out.  Like much with the Obama administration, it could have been better.

The 2nd mistake was in figuring that since he was being noble and sincere in his outreach to the Republicans to work with him in a bi-partisan manner, they would be, too.  It’s hard to believe that a politician as astute as Obama could have totally misread the Tea Party, but misread them he did.  Or maybe he thought that when Republican Senate Minority Leader Mitch McConnell publicly stated that Job One would be holding Obama to a single term as president he had his fingers crossed behind his back.  No, he didn’t have his fingers crossed behind his back, he had both hands in front of his body and was sticking the middle fingers on both hands up at Obama.

For me, “The Escape Artists” has rounded out the picture of the man.  I’ve made the mistake of assuming the image presented of Obama was the same as the man.  I believe Obama knows what he doesn’t know (but doesn’t take it to absurd lengths ala Donald Rumsfeld) but he needs to be less trusting that there’s basically only one small group of guys who do know what he doesn’t know and they know it the right way.  Obama chose the wrong Robert among the ex-Clintonites when he went for Rubin instead of Reich.  If Obama can be heard above the right wing noise machine, he should be able to fix his mistakes during his second term.

The Obama Economic Braintrust?

To all my liberal friends who support Obama unconditionally and consider him the smartest guy in the class and always in control, the following is a primary reason why I believe you’ve bought into the image and not the man.

In early 2008, Obama was considered virtually ignorant on economic policy by those in the know. His only econ advisor was Austan Goolsbee, a University of Chicago econ professor who stands maybe just to the Left of Milton Friedman and far to the right of Paul Krugman.  Obama linked up with Goolsbee in 2004 when Harvard econ dept. wouldn’t give him the time of day.

Since Obama knew what he didn’t know about econ, he did what he usually does in those situations: he went conservative. He went with the tried and true and raided the Clinton economic braintrust because they had whipped inflation and several economic crises, or so they would have you believe.  Obama brought in Larry Summers, the man who gave you the Wall St. meltdown when he lobbied Congress to not regulate derivatives, and he also gave you the repeal of Glass-Stegall, another leg which was kicked out from under Wall St. that led to its collapse.  He brought in Robert Rubin,  who was with Goldman Sachs for 26 years before going to work for Clinton.  Both Summers and Rubin never met a Wall St. brokerage firm or bank they didn’t like—a lot. The only Clinton econ alum Obama didn’t  enlist was Robert Reich, the only liberal of the entire bunch. Imagine that.

A 1991 quote by Summers, who was then Chief Economist of the World Bank: “There are no… limits to the carrying capacity of the earth that are likely to bind any time in the foreseeable future. There isn’t a risk of an apocalypse due to global warming or anything else. The idea that we should put limits on growth because of some natural limit, is a profound error and one that, were it ever to prove influential, would have staggering social costs.”  This is the guy who advised Obama on economics.

So, with Clinton’s braintrust firmly in place within the Obama campaign, what four names out of all available economists did they throw into the hat for Secretary of Treasury?  Not Robert Reich. Not Pulitzer Prize-winning and liberal economist Paul Krugman.  Nope, they went with:  1) the aforementioned Larry Summers, who had been forced out of the presidency of Harvard University under a cloud of scandal and a no-confidence vote by the faculty.  2) Timothy Geithner, who worked for Henry Kissinger,  Ronald Reagan, and Clinton, and headed the Fed Reserve Bank of NY.  He took over guidance of Bush’s proposed TARP for Obama. The program allowed Wall St. and banks to recoup all the money they lost or stole without being required to pay back one penny or make any operational or ethical changes to their business practices. 3) Jon Corzine, another Chicago School econ and ex-Goldman Sachs who later ran MF Global into bankruptcy.  Hundreds of millions of customer-invested money are unaccounted for to this day—and Corzine maintains he doesn’t know where the heck it went.  4) Jamie Dimon, CEO of JP Morgan Chase, who just lost $3 billion of customer-invested funds by gambling on derivates (thanks to Larry Summers) and just had the Senate jostling and elbowing each other out of the way to kiss his ring.

After Obama was elected President,  he chose to retain George W. Bush’s man, Ben Bernanke, as the chairman of the Fed Reserve, opting to not be concerned with the fact that it was on Bernanke’s watch that Wall St. and the banks melted down.

So, my point is this. Even if Obama hadn’t had Repugs and Blue Dogs obstructing his economic recovery plans, they were doomed to modest success anyway. The guys he goes to for advice are on the side of Goldman Sachs, Wall St., and the banks because that’s where they spent most of their entire careers.  The only exception is Geithner, who spent his governmental career catering to the will and whims of Wall St. and the banks.  Obama is great at speechifying, but he clearly doesn’t have the best interests of the middle and poverty classes at heart.  If he did, Robert Reich would be Treasury Secretary and Paul Krugman would be running the Fed Reserve.

The ultimate irony is that despite all the Milton Friedman disciples who populate the Obama Economic Braintrust, the Jobs Bill they developed with its emphasis on national infrastructure repair is pure John Maynard Keynes.  And high speed rail is just a modern day update of Dwight D. Eisenhower implementing  Keynesian economic principles to build the U.S. interstate highway system.

Obama is not as smart as you give him credit to be.  Or maybe he’s not really who you think he is at all.  Being right on a few social issues doesn’t make him a good guy.  He can propose all the reforms of mortgage loan modification and student loan programs he wants all the while knowing the Repugs will block every one.  The one best thing about Obama, the primary reason to vote for him in November is that he is not Mitt Romney.