Obama Step Aside: Should Hillary Clinton Replace Him for 2012?

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From Denny:  Voters are severely dissatisfied with both the GOP candidates and President Obama.  Because of a rocky economy, 36 million foreclosed homes dumped onto the market since 2007 plummeting home values for everyone not foreclosed (another 20 million foreclosures on their way) - and uncertain employment - everyone is looking elsewhere for answers and real leadership.

The name of Hillary Clinton is on the lips - and in the hearts - of many Democrats disillusioned with the Obama term.  Many women are looking for more women in government to meet their needs instead of the current male dominated politicians playing ego games and stuffing their wallets while in office.
The figures reported are that there are over 150 million employed in America.  That figure is old and wrong, down to about 120 million employed.  The country is in need of 31 million jobs currently in order to pull the economy back from the brink of collapse.

That's right.  At the rate of foreclosures, and by the end of 2012, under President Obama, half of the employed will have been evicted out of their homes:  60 million homes.  All this in spite of so-called help from the federal government.  Obama has done ZERO to prosecute the crookedness from Fannie Mae and the many Bush era contractors, mortgage companies and banks administering these programs.

In short, these guys took taxpayer money and shafted the middle class taxpayers in need.  By now, with the rampant scams reported, Obama should have called a halt to all foreclosures and evictions like he did last year at this time.  Much is in need of thorough investigation.

Yet, Obama remains silent and refuses to get involved, allowing Big Banks to run over the consumers, breaking so many laws it's astonishing.  If he doesn't get on the job, what will happen after he is out of office?  It is Obama and Team Obama who will find themselves answering to a court, suspected as party to the corruption.  Obama may end up our first president to be on trial, that's how scandalous are the crimes happening in our government and foreclosure mess.

It's time for the Democrat super delegates to put some steel into their spines and push Obama to the side.  His complete lack of executive skills and lack of compassion for the struggling middle class is an insult to every voter he demands to vote him back into another term.  His poll numbers continue to decline that is also met with no longer loyal ground troops willing to work for him.

Former President Bill Clinton has been repeatedly asked The Big Question for the past year by anxious journalists and Democratic party faithful:  Can you get Hillary to run in 2012?  Both Bill and Hillary dodge the question, saying it's off their radar.  Hillary wants out of the public sector, desiring to go work on women's issues around the world.  And Bill, well, we all know he wants back into the Big House.  In his heart he never left.

But "What if?" conditions became so dire that the situation changed and Hillary decided to run at the last minute?  What kind of conditions would need to appear on the horizon for Hillary to take it seriously and accept the call, if reluctantly?  Will the Democrats screw up the courage to nominate Hillary at the 2012 convention - instead of Obama?

What would make Hillary the best candidate for president in 2012?  Well, for one thing, she's a woman.  The Democratic Party is about 75 percent female and would rally behind her.  So will older Americans and the very young.  All the demographics that Obama can't pull and never will.

Hillary's speech-making skills leave a lot to be desired (as do mine).  What she has in her favor is a long list that no one else running for president possesses:

* been in the White House twice and seen it up close and personal, as First Lady and Sec. of State
* been Senator and has a network and knows how to negotiate and pass legislation
* been Sec. of State and knows foreign affairs well and has established a strong network
* willing to chick slap Israeli conservatives and other foreign leaders back to their side of the line
* cares deeply about women's and family issues
* is an intensely tireless effective hard worker not shy about getting involved
* has tremendous name recognition and a positive brand
* does not really want to be president

And it's the last item that matters the most.  With all the bullying screaming egos throwing their weight around on the GOP stage and Obama wimping around it's about time a woman stepped up to get the job done.  These men have been farting around with the economy and our lives for far too long.  Everyone has run out of patience for their antics.

You can always trust real power and authority with someone who really accepts it reluctantly.  The person who doesn't want it is the person who will be able to gracefully walk away when their term is finished.

Rep. Chris Van Hollen Image via Wikipedi

So, now hear this Democratic Party, get Hillary Clinton on board.  Without her, the party is going down in the flames of voter apathy.  It could be another 20 years before you can get the voters enthused like in the 2008 race.  This time the candidate must be authentic.  An interesting effective choice for her vice president would be Rep. Chris Van Hollen, another authentic.

I was saving this Draft Hillary for 2012 post until January.  But after the Team Obama press secretary came out this afternoon with some outrageous drivel about how they are not political animals at this White House, well, you can see the result. :)

Do I think Hillary might answer the call now?  Yes.  Even she sees things are going badly.  Bill Clinton knew it when Obama wanted to be photographed walking with Bill.

Obama looks like a deer caught in bright headlights.  He and his team really don't know what they are doing and now it shows miserably.  You just can't fake it for three years and suddenly think you can turn on the reality switch and it would work.

Everyone knows Obama won't get reelected.  Too many former homeowners furious with him. I've been repeatedly warning Obama about this foreclosure mess and he and his team never took it seriously, not realizing the severity of the huge numbers.  You just can't have millions of people angry at you and think your poll numbers will still float.

How many lobs over the net for the past couple of years does a journalist blogger have to send you guys?  It was too easy for you to turn things around in this country if any of you were actually teachable.  But, instead, you chose arrogance and indifference to the needs of this country.

Hey, don't say I didn't try to help you.  Thousands of Democrats tried to help you, all to no avail.  You didn't even listen to the experienced Bill Clinton trying to advise you.  That was double stupid.  Why would you ignore the advice of a guy who had been in the office?  He knew his way around the labyrinth.

Bill Clinton also has had plenty of time to reflect upon what he would do differently if he had a second chance.  He just might get that second chance.  Perhaps it's the needs of the country that can finally convince Hillary to run in 2012.  If Hillary is still adamant about staying out of the race, then the Democrats had better draft someone else - and fast.

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• Poll For Economy and 2012 Election: Should Obama Step Aside? (thesocialpoets.blogspot.com)
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* * *  Please support Warriors Pearl Foundation - helping homeless female military veterans come home.  Visit Denny Lyon Gifts  @ CafePress.com  -   - see what's new!  (yes, my new charity - why stand on the sidelines when you can actively do something about a problem?)

 Subscribe in a reader to A Truth Journal

* Check out Dennys News Politics Comedy Science Arts & Food - a place where all my other 20 blogs link so you can choose from among the latest posts all in one place. A free to read online newspaper from independent journalist blogger Denny Lyon. * 

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Poll: Americans Want To Cut Congress Pay, Work Longer Hours

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From Denny:  You can always tell just how bad a job Congress is really doing when the voters want to fire them all, cut out their health care and raid their pension funds.  After all, turn about is fair play for it is what Congress and the Obama White House have done to the American worker.

A recent poll from The Hill, which covers Washington politics and lawmaking extensively, reveals some dire predictions for the upcoming 2012 election.  No one in Congress or the White House should consider their jobs to be safe.  This is an angry electorate.

Since Congress has behaved so badly the past year the public now wants to treat them like a business owner with a bad employee:  fire them, scale back their pay, eliminate or reduce their health care benefits and cut out the pension funds.

America's view of national lawmakers is dark and gloomy, not holding out much hope for a better government.  The approval rating of Congress hovers around 9 percent - on a good day.

The reason this poll was more significant is because it included questions about how people felt about the prospects of their personal finances improving next year.  Eighty percent did not predict much good on that front:  40 percent expect their finances to get worse in 2012 and 40 percent expect no growth and stuck at the same level.

Remember those high salaries that Congress voted for themselves during the Bush years?  Well, under Obama they did nothing to lower those excessive pay hikes - and at a time when most Americans see their pay checks dwindling.  Underemployment is the new work place buzz word and that soon translates into the inability to continue paying house mortgages, escalating foreclosures to new heights.

In this poll, it was 67 percent that said the congressional pay of a $174,000 base salary should be lowered - instead of raised or left as it is.  When it comes to pensions, it was 69 percent who think those pensions should be retired along with the ineffective lawmakers.  

Should Congress work more days than it currently does to finally get something done?  Sixty-four percent want Congress to work more days than on their current calendar, dissatisfied with the snail's pace of passing legislation and the intractable attitude about solving important issues.

How was the new Republican majority in the House viewed?  Well, not well at all.  It was 38 percent who say it changed Washington for the worse.  Only 28 percent claimed it improved Washington while another 28 percent saw it as no difference.  After all, if nothing significant gets done then there really is no difference.  The voters pay a lot of money to people who get nothing done, sabotaging the government's effectiveness.

Check out the gender differences in opinion: 

How is the Republican takeover of the House perceived?

Men:

a good thing:  33 percent

changed Washington for the worse: 31 percent

made no difference:  28 percent

Women:

a good thing:  24 percent

changed Washington for the worse:  44 percent

Should Congress work more days?

Men:

yes - 56 percent

Women:  

yes - 72 percent

Should the members' base salary be lowered?

Men:

yes - 69 percent

Women:

yes - 66 percent

Should congressional pensions be discontinued?

Men:

yes - 71 percent

Women:

yes - 66 percent

Note:  Under the current pension system, members are eligible at age 62 if they have completed at least five years of service.  They get the pension at age 50 if they have completed 20 years of service.

Click here to view data from The Hill Poll

It's evident the only reason people run for political office these days is to get rich and do no serious work for the American people.  They only work half days and half a year, yet whine about how they can't get out to the golf course more often.  Somehow, GOP Speaker Boehner manages to keep his tan from his time on the  links while his sidekick, Eric Cantor, uses insider trading to make his fortune off the backs of the American people.

Worse, Congress had the nerve to secretly vote themselves a bill a couple of years ago where they declared it legal to use insider trading information to basically lay bets on the stock market.  Now, if you or I did such a thing we would get slammed in jail and fined up to our eyeballs.

It's no surprise as to how Congress is getting rich at our expense.  They give the national Treasury to foreign countries and Big Banks in the form of foreign aid bribe money and We Made Crooked Bets bailouts while American jobs continue to travel overseas and out of sight.  The politicians get rewarded from their benefactors by money coming into their various slush funds they have declared legal.  

Is it any wonder that the public is disgusted with Congress and the Obama White House?  With corruption this rampant the people no longer have confidence in their government:  a bought government.

So, listen up, Washington politicians, your days are numbered in office.  Either learn to work more hours for less pay and no benefits like the rest of America - or get fired.

Related articles

• Poll For Economy and 2012 Election: Should Obama Step Aside? (thesocialpoets.blogspot.com)
• Jon Stewart Interview: How Your Employer Is Screwing Your Pension Fund (thesocialpoets.blogspot.com)
• Jon Stewart Interview: Prez Clinton Talks Fixing Global Economy, New Book (thesocialpoets.blogspot.com)
• Obamas NAFTA: Picking The Bones Of American Workers (thesocialpoets.blogspot.com)
• Funny Jon Stewart Explains Compromised Inked Debt Ceiling Deal (thesocialpoets.blogspot.com)
• Heated Politics and Summer Heatwave Kill The Vulnerable (thesocialpoets.blogspot.com)
• Polls: Voters Yell: Throw Them ALL Out! (thesocialpoets.blogspot.com)

* * *  Please support Warriors Pearl Foundation - helping homeless female military veterans come home.  Visit Denny Lyon Gifts  @ CafePress.com  -   - see what's new!  (yes, my new charity - why stand on the sidelines when you can actively do something about a problem?)

 Subscribe in a reader to A Truth Journal

* Check out Dennys News Politics Comedy Science Arts & Food - a place where all my other 20 blogs link so you can choose from among the latest posts all in one place. A free to read online newspaper from independent journalist blogger Denny Lyon. * 

*** THANKS for visiting, feel welcome to drop a comment or opinion, enjoy bookmarking this post on your favorite social site, a big shout out to awesome current subscribers – and if you are new to this blog, please subscribe in a reader or by email updates!

Bigger Scandal: How Big Banks Bailouts Scammed Trillions Not Billions

From Denny:  $7.77 trillion is how much the Big Banks leveraged from our taxpayer TARP bailouts of only billions.  How did they get the federal government to give them more than the original bailout?   Read on and line up an early appointment for your anger management class.  Trust me; you are so going to need it. 

Before the bailout the Big Banks only had a financial hold of less than 40 percent of the banking sector.  Now?  Because of this leveraging they now control over 67 percent and growing, growing like their outrageous fat CEO billion dollar bonuses and billion dollar company quarterly profits where they fee us to death.

In fact, after receiving the $700 billion safety net of the TARP bailout (Troubled Asset Relief Program) those same Big Banks had the nerve to lobby against government regulations to prevent them from ending up in the same financial black hole yet again.  "Do ya think?" that Stupid is running Wall Street or what?

How did this finally come to light when the Federal Reserve and the Big Banks have fought for years to conceal the truth?  The Big Banks even refused to give details of just how bad their financial situation was to Congress that was giving them money.  That means that Congress basically gave them a blank check while writing their signature in the dark.  With what recently came to light you can bet there are plenty of lawmakers wanting to change that vote.

Turns out that Bloomberg LP, the parent of Bloomberg News, recently won a victory in a court case against the Federal Reserve and the Clearing House Association, LLC (a group comprised of the biggest United States banks).

That win forced the lending details out into the open for all to see of the financial crisis from 2007 to 2009.  It came in the form of 29,000 Federal Reserve documents obtained under the Freedom of Information Act and 21,000 transactions from central bank records.

The same Fed that kept this huge secret for years now claims that almost all of the loans were paid and there were no losses.  But what has emerged is something far more troubling:  there was secret funding that helped to preserve a broken status quo that enabled the biggest of the Big banks to grow ever larger.  In short, taxpayers paid a higher price than just dollars as it has affected the entire economy and how we do business every day.

From Senator Sherrod Brown (D-Ohio), one of the responsible politicians who had introduced an unsuccessful bill in 2010 to limit the size to which banks can grow, “When you see the dollars the banks got, it’s hard to make the case these were successful institutions. This is an issue that can unite the Tea Party and Occupy Wall Street. There are lawmakers in both parties who would change their votes now.”

So, how did this billion dollar bailout snowball into trillions?  It's a cumulative effect for sure and trust it to the Wall Street bankers to figure out how to be opportunists and take advantage as much as they could.  The Federal Reserve ended up committing $7.77 trillion in guarantees and lending limits to rescue the financial system.

From Rep. Brad Miller (D-North Carolina), House Financial Services Committee, "With the Fed programs, there was nothing.”  The Fed programs did nothing to limit the program's executive-pay ceiling.

The outrageous amount of money that our central bank parceled out was astounding even to Gary H. Stern, himself president of the Federal Reserve Bank of Minneapolis from 1985 to 2009.  He says even he "was not aware of the magnitude."  It certainly dwarfed the TARP program.  In fact, that $7.77 trillion was more than half the value of everything produced right here in America when they rescued the financial system in 2009.

What we all want to know is how is it that even high-ranking Federal Reserve officials did not know the extent of this bailout?  Who comprised the small group making these decisions and when will they be properly questioned? 

 

Guess how much profit those same Big Banks earned from those TARP bailouts?  Try the cha-ching tune of $13 billion.  The Big Six Big Banks are JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley.  The Big Six accounted for $4.8 billion of that $13 billion in ill-gotten gain profits.  Yes, those Big Banks were legendary crooks that snookered the American public and Congress.

So, here's how the crooked scenario goes:  The Big Six received $160 billion in TARP funds and $460 billion from the Federal Reserve.  The program for the entire bailout was leveraged to almost $8 trillion in loans, guarantees and limits.

With all the red ink flowing the details of this financial fiasco were kept hidden by our own Federal Reserve.  Their reasoning was that the secret was necessary because it would spook investors and panic the public to start bank runs, that, in turn, would devastate the shaky economy.  Read that as they didn't want to go to jail or lose their own money in the process. 

What is more astounding is how these same Big Banks continue to make huge loans with only half the amount of cash to cover them.  Don't even get me started on the derivatives market where the ratio is more outrageous like 40 to 1. 

It's the derivatives market that caused the need for the TARP program in the first place.  To date, nothing has been done to restrict or properly regulate these Big Banks from sending us into another financial recession, depression or global economic collapse. 

While the Federal Reserve contends that these Big Banks are "too big to fail" there are many in Congress that contend just the opposite.  A bank that is "too big to fail" is a bank too big to exist.  Perhaps now is the time to revisit Senator Sherrod Brown's legislation to limit the size of banks in this country. Or, in the common man's language:  Break up the Big Banks, NOW!

* * *  Please support Warriors Pearl Foundation - helping homeless female military veterans come home.  Visit Denny Lyon Gifts  @ CafePress.com  -  see what's new!  And a special thanks to those of you supporting this effort!  You rock!

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* Check out Dennys News Politics Comedy Science Arts & Food - a place where all my other 20 blogs link so you can choose from among the latest posts all in one place. A free to read online newspaper from independent journalist blogger Denny Lyon. * 

*** THANKS for visiting, feel welcome to drop a comment or opinion, enjoy bookmarking this post on your favorite social site, a big shout out to awesome current subscribers – and if you are new to this blog, please subscribe in a reader or by email updates!

Jon Stewart Interview: Prez Clinton Talks Fixing Global Economy, New Book

From Denny:  President Bill Clinton sits down for in-depth interview with Jon Stewart on what it will take to revive the American economy and create jobs.  His new book, "Back To Work," (Why We Need Smart Government For A Strong Economy) lays out specific plans for doing just that, recommending several strategies to current President Barack Obama.

In fact, just recently the Obama political hacks, Axelrod and Plouffe, met with President Clinton in the hopes to help the 2012 campaign.  Yes, the same political hacks that have F'd up this economy by advising Obama to cater only to the Republicans and ignore Democratic principles to help the middle class.  Those same guys that the Democratic Party should throw from the train.

Apparently, Axelrod and Plouffe were rattled by the recent poll in New Hampshire - the state that has picked the presidential winner in the last four out of five elections - where Obama is 10 points down from Romney as the favored candidate for the 2012 election.  Axelrod and Plouffe peppered Clinton with questions about the Independents since Obama is clearly out of favor with that voting block.

Well, you can always tell when Team Obama is not listening to Smart.  Clinton always shows up on all the talk shows and writes a new book.  Clearly, they don't take his sage advice.  There is even a new poll out about how Obama should step down and Hillary should step up to run for 2012.  Obama is that out of favor with voters and his party.  Hillary is that IN favor with said folks, polling well with Independents.  Of course, it does look suspect that Bill Clinton probably had a friend commission that poll but hey, the numbers still tell the story.

Clinton's new book spends the first half discussing the three decades leading up to our economic crisis.  The second half gives several specific prescriptions to return the economy to health...

Jon Stewart Interview: How Your Employer Is Screwing Your Pension Fund

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From Denny:  Ellen Schultz, an investigative reporter, discovered that Big Business has taken the private pension plans for millions of workers - to the tune of 44 million people - and, instead, "turned them into profit centers for their companies."  As a result, the plans are severely underfunded. 

Did you know that as recently as 10 years ago, these same retirement plans were so flush with cash that they   experienced a quarter of a trillion dollar surplus?  

How did they drain that surplus? Big Business did the following: