Hillary on the bailout

In yesterday's Oswego Shopper, of all places; nice to see the media blackout still in place*:

Senator Clinton: Thanks to [Congressman Anthony Weiner] and [Congresswoman Nita Lowey], and to all of the House Democrats and the approximately one third of the House Republicans who stood up today and put partisanship aside, forgot what got us here for just a moment with a focus on what would get us out of the mess we're in, and voted not only for Wall Street, but for Main Street.

This is not a situation any of us are happy to be in. This is a very tough time for our country and not only for our economy, our financial credit markets, but indeed for the world. There will be plenty of time to figure out what went wrong and how we're going to come up with new regulations and oversight and demand more accountability.

But we now have to go back to the drawing boards, work together in a bipartisan way and come up with a solution that will actually make a difference for the problems that we are facing. I hope that we'll be back in Washington as soon as we can. The only reason we're not still there is because of the Jewish holidays-which everybody understands-but we will go back. I know the Senate will be back on Wednesday. We're going to see what we can do to try to pick up those additional votes. We were ready to vote today or at the latest on Wednesday because we have faced up to the very unfortunate consequences that inaction produces.

This is not a time when doing nothing will see us through. We have to take action. It's not a bill that any one of us particularly likes or that we would have written. It's a compromise. And it's a heck of a lot better than what we were sent by the Bush Administration last week. It does give us a lot more in the way of tools to try to get at the real problem, to have the kind of accountability and oversight that was needed, to distribute the money in installments so that we can wait and see how this is working.

We've got to get back together and I know that the New York delegation stands ready to work as hard as we can. Because despite what are clearly national and international ramifications, this really comes home here. We have tens of thousands of people who are dependent upon the financial services industry, we have thousands of people who run businesses across our state who can't get the credit they need to stay in business, and we have thousands and thousands of employees. We'll see the unemployment rate, I predict this week going up dramatically. I've talked to a lot of employers here in New York in the last week. They're laying off people, they don't see any end in sight unless we get a grip on this and that's what we're asking that everybody begin to do again in a bipartisan manner.

Too bad about the HOLC thing, where the media blackout was enforced as well. It would have worked, or at least have had a better chance of working than the Bush + Reid + Pelosi + Frank + Obama + Paulson plan.

At best, I read this as "live to fight another day." She puts the talking points in as good a light as possible, of course.

Fuck. Fuck 'em all.

NOTE * To your famously free press: Fuck you, too. That is all.

NOTE Hat tip, jawbone.

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She is not conceding anything

She is saying that they have to work on the bill to make sure it passes. That suggests that there are going to be changes. But the changes have to get more DEMOCRATS on board and hope that she can retain enough Republicans to get the damn thing passed.
She is extending more of an olive branch and calling on the better angels of the Republicans nature to prevent further layoffs.
Come together at The Confluence

Come together at The Confluence

Well, I'm not as optimstic (it's my nature)

I don't see the get "DEMOCRATS" on board part -- and how I wish she'd fight for the HOLC provisions. OTOH, she's playing by the rules, and Obama took mortgage relief off the table.

No, I don't see a full-throated endorsement here. But it's a lot closer to Reid, at al, than, say, to Roubini, let alone Karpur....

[ ] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

You're Not Going to See Roubini From Her

and I'm disappointed, but I understand. She is not in the leadership. She put forward her proposal and the leadership essentially ignored it. She represents NY, so she isn't going to vote against this bailout with nothing else on the table. To her credit, she tried to change the framing and put something else on the table and she pushed for it, but that's about all she's going to do.

I would love to see her lead a filibuster, but know that's not going to happen. First, because that's not her nature. Second, because that would pretty much burn her bridges with Obama and the party leadership. It would embarrass the party and Obama a few weeks before the election, she is not going to do that. No way, no how. She is first and foremost a Democrat and party player, that's both a strength and a weakness for her.

There's going to be major arm twisting to get this passed. People are going to get promises of pork and threats of losing committee positions. All those "no" votes in the House are about to get tremendous pressure from the leadership and they have a lot of tools at their disposal. The leaders were embarrassed yesterday, I fully expect them to do everything possible to punish those who embarrassed them (except for Republicans, of course, because they are allowed to do whatever the fuck they want).

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

Hillary was always one of the "very serious people"

I really did not expect her to get this right. Only a few months ago she was talking about bringing in Greenspan and Rubin for Gwad sakes to solve the mortgage crisis.

Bernie Sanders for President!

She got it right on HOLC

That really was a better solution. Why she's loyal to a party that's not loyal to her is beyond my understanding, but then she's a professional and I'm not.

[ ] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Read her books

She got interested in politics because she felt the best way to reform the system is from within. I'm not sure if she really believes what she is saying or if she has been cowed into submission and/or threatened. Seeing all these people I respect going out of their way to praise people and policies they don't really buy into has been quite disheartening.

I'd like to see that old "When you ain't got nothin..."

"... you got nothin to lose" post-February Hillary back.

Though I'm sure the pressure she's getting from Wall Street, which is, after all, in her district, must be extraordinary. If they had bought into HOLC, we'd be seeing it now -- but the Rohaytns, and so forth, are all dead. Now all we have is the feral NOW NOW NOW, gimme a trillion. No wonder they wouldn't buy into it.

[ ] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Can we take Saint Hillary down off her pedestal now?

It was unreasonable to put her up there in the first place, and clearly untenable now. Hillary Clinton has always been a dominantly center-right politician, with liberal leanings only on some narrow matters. It was intriguing to watch her during the primary, when it appeared she might take a more generally Progressive position, but since the nomination was settled she has tacked back to her long-standing center-right position of comfort and remained there. A disappointment, but there you go; seldom justified to pin much hope on career politicians.

The differences between her and Barack Obama on policy are few and very slim, and because of that I was never discomfited in him as the Party choice instead of her; 6.2 of one, near a half-dozen of the other as far as I’m concerned. Neither is a Progressive; they couldn’t either of them have won the primary much less be elected if they were.

Like most national politicians, Senators especially, Hillary is enormously dependent on money from big individual donors and the corporations they control. She and Bill are dependent on them for the donations that flow into his Foundation, for the lucrative speaking fees he gets, and for the highly profitable promotion and distribution of their books. She will need them as well if she ever hopes to recoup the $20+ Million in loans still outstanding from her presidential campaign, and for financial support in any future political campaigns.

As to the notion that she is controlled by Obama, I rather think not; it is only that her interests and his happen to coincide. Neither of them can succeed as politicians without financial backing from the Corporatist Power Elite. The only difference between the two of them and the Republicans is that the Corporatists who back the Democratic Party are a faction that believes in a form of Benign Despotism, that allowing the lower classes to prosper slightly is the best way to perpetuate their own wealth and power. In Corporatist America, that is as much as we can immediately hope for.

Finally, let me say I find the notion that Hillary is somehow unwillingly subservient to Obama or their Corporatist masters to be extremely degrading. She has made her choices, of her own free will and, intelligent as she is, in full cognizance of their meaning and consequence. However much one may disagree with those choices, and in this case I think they are despicable, she is at least due the respect of being seen as a strong and independent actor.

While she is required to follow certain conventions in order to be United States Senator from New York, no one is forcing her into that role; to claim that she must do this or that, to speculate that she has been threatened and cowed into submission, diminishes her as a person, as a woman and as the strong feminist she is. Agree or disagree with her policies and decisions, it should be done within the context of treating her as an autonomous human being who is responsible for and has ownership of her own actions; she is due at least that much respect.

But not so center-right

that she voted for FISA after she settled back to her "comfort zone", which is not a bad litmus test. Just saying.

Plus, talk about degrading, "settled back to her comfort zone", as if the primary race was an event that "happened" and had no impact on her development as a human being or politician. I think she is due enough respect to think that was a life-changing event and not just a blip in a "comfort zone".

Who knows why she is doing what she is doing? In fact, we barely even know WHAT she is doing, let alone WHY. This statement is couched in very safe language (as regards Dem "leaders").

Maybe some have Hillary on a pedestal, it's cool to take her off the same time Saint Obama is taken off. Maybe some (like myself) only had hope she was a Democrat without qualification (unlike so many you-know-whos). Anyway, if not her it would be nice to know who is acting like a Democrat and who is acting like a bought and paid for stooge of Pelosi-Reid.

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Around these parts we call cucumber slices circle bites

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I'm not such a bad guy once you get to know me.

No, No, No

She didn't only drop HOLC like she never knew it, but seems to have gone out of her way to hit on all of the Village talking points and script (i.e. doing nothing is not an option, bipartisanship, "now, now, now" etc...) I can not in good conscience defend her on this when I'm not going to defend others on this very same stance. She's essentially saying everything that her party's presidential nominee is saying, she's not even fighint for a HOLC, anymore.

Whatever, Hillary. I guess the only person looking out for my interest is my Republican congressman. *sigh* This is hardly the time to be getting along to get along. Is there no real leadership in crisis, anymore?

But, we've always been at war with Eastasia...

How Does She Fight for HOLC?

I'm not happy either, but she announced her legislation with a fair amount of fanfare, she wrote an op-ed in the WSJ, other folks have said it's a good idea and...NOTHING.

What's she or any Senator/Congressman who is not Pelosi, Reid, Dodd, Franks, or Obama supposed to do to get HOLC? Sure, I'd like to see her say she won't support the bailout without it, but would that get it? The leadership to my knowledge has never even mentioned it publicly as an option. It's as if anything other than the piece of shit they're touting does not exist.

The sad truth is she and every other non-leadership member of Congress has two choices - vote for or against this bill. Because it's quite clear to me at this point that no other bill will see the light of day in terms of a vote.

Now, I think the right vote is against and any other vote is the wrong vote and that applies to Hillary as much as anyone else. But I feel about Hillary the way I feel about Charlie Rangel, which is that being from NY makes it much harder to vote for nothing, which is the only option they're being given other than this bill. Doesn't make the vote right, but it does make me a bit more understanding of the wrong vote, especially since Hillary, despite representing NY, is one of the few talking about HOLC and trying to change the discussion to other options.

I've never put Hillary on a pedastal. I've never thought if this is her only option that she'd vote against this bill. That was never going to happen. Wall Street is in her backyard and every politician takes care of their backyard first. I'd say the problem we've had is too many politicians worried more about Hillary's backyard than their own. I mean, what's Pelosi's and Obama's excuse? They don't represent NY so why are they so anxious to give Wall Street a trillion dollars?

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

Clinton voted against FISA abuse

she voted against it, just like she promised.

AUMF

Remember that one? Don't even think about the bum excuse that it was only a club, that she didn't think Bush would actually go to war; everybody knew what it meant, and what BushCo would do, and she voted for it anyway.

Neither Obama or Hillary are Progessives, nor are they rabid Reactionaries; they are both just right-of-center, on average, and both of them complex people; each of them have shown Liberal tendencies on some issues and hard-right tendencies on others.

This positioning on Hillary's part is well within her history, or herstory, or whatever.

You mean the same AUMF which Biden and Daschle voted for??

The same one Obama always had the luxury of _claiming_ he'd vote against, but for which he was never put to any actual test of character?

That AUMF?

This positioning on Hillary’s part is well within her history, or herstory, or whatever.

Pardon my French, but where the fuck did that come from? Are the PC army at your door again with pitchforks, keeping you from belching and scratching your huge balls?

ahem. "i told you so."

HRC has always been one of Them. people who sometime say and do the right thing, but ultimately belong in the camp of "but when my Masters tell me, I will follow their orders."

lessee. what was i supposed to believe about HRC, during her Feburary Progressive period? that she would be "better" on issues like health care, women's rights, children's rights, cleaning up corruption, blabbity blabbity, our very own Joan of Arc.

well, here's the sad truth: open up the treasury to the Big 5 banking gangs houses on Wall St, and *none* of those priorities of "hers" are any longer possible to address via government and policy. because there won't be any money left, nor many institutions or nations willing to lend us money, and the increasing burden of servicing additional trillions of debt from this and the rest of bush's messes = NO MONEY FOR YOU, SUCKERS!!!1!

now, in truth, i'm not really that "disappointed" with HRC for this, as others have pointed out her current job and hubby's foundation and celebrity future depend on a steady stream of their money. i haven't seen anyone chart out exactly how much money "wall st" brings into the NY state gov't coffers via taxation, nor what percentage of the employment pool is directly tied to Wall St, but i'd be interested in seeing them. b/c it seems to me that while she "serves her constituents" by supporting the bailout, she fucks over a goodly number of non-Wall st new yorkers as well as the rest of us.

i guess what i'm saying that i never believed in HRC's newfound "progressivism," and in this act she proves me right. any honest or compassionate progressive would fight, and fight, and fight, for the HOLC plan and better, not just go thru the motions in anticipation of coming back to progressives for support at a later time during another campaign. cause that's all her HOLC plan was for: to impress people at places like this blog and put a penny in the piggybank for future campaigning. she always was, in truth, going to come out in favor of giving unregulate trillions to her friends, and it was, at least for me, very easy to perceive that.

By all means.

Can we take Saint Hillary down off her pedestal now?

As long as we don't stick Obama up on one... He's never told me what I want to hear.

Let's put Dennis up. Might make him taller and give him the clout to do what he always claims he will.

Uh huh.

Don't put anyone on a pedestal

Not fair to them, never mind setting ourselves up for disappointment.

No Saint Hillary, Here. Never Was.

I'd like to let it be known that I never supported Hillary because I believed her to be anything other than a politician. In fact, I've said many times that Hillary is a politician, and that my anger with Obama was that he pretended to be everything but a politician. So, this "Saint Hillary" archetype never factored into my support of her candidacy. If you're looking for folks to have that view of her, perhaps you'd be much better served at some extreme PUMA website. It's not disappointing because it's Hillary, it's disappointing because this is obviously something that doesn't need to be passed in this form. Tweaking this bill is not going to make it better because the very focus of its is inherently flawed (i.e. dumping money on Wall Street for toxic waste).

CD, there is only need for an "I told you so" if you believe that most people, here, were duped, and I really don't think you believe that to be the case, or you'd be somewhere on Kos or somewhere where the commentary is, let's just say, less than thoughtful.

But, we've always been at war with Eastasia...

Saint Hillary = Straw Man

I don't think I've read any posts here suggesting Hillary was a saint or that she was anything other than a centrist or a politician. Indeed, one of the things I find most annoying about Obama is that he ran to the right of Hillary on domestic issues and shows less leadership than she does (and I think she's never shown any real indication to buck the party).

As I said above, I understand this vote from Hillary. But the reason I understand it is because I think I see her clearly and I never expected anything else if this bill came for a vote and there was no other, better choices. She was never going to lead some sort of floor fight to deny her state a trillion dollars. Not. Gonna. Happen. But then I can't think of a member of Congress who would vote no on a trillion dollars for their home state or district. Hell, there are too many willing to vote to send a trillion from their states/districts into New York.

I believed during the primary and still believe she would be a better nominee and a better President than Obama. If she's shown weak leadership (and she has), he's shown none (ditto for the Congressional "leaders"). I didn't support her because I thought she was a saint or was perfect, but because she was - and remains, for me - much better than the alternative. And I'm willing to admit freely that the alternative set an incredibly low bar.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

On HOLC

Hillary has the political capital to make demands even if they won't get passed. This complete capitulation is not acceptable. Again, she didn't just drop a HOLC provision, but then went full-on Village speak with us. I don't see how anyone could try and justify that. She'd have been better sulking away than to fight the Village's fight on this one. She didn't have to come out with this, today, or ever. Don't piss on my leg and tell me it's raining. Don't even try this snow-job. I don't excuse her war vote, and I sure as hell won't excuse or twist this to my liking. This is inexcusable, period. This excuse that she has to tow the Village line to protect her reputation is just disgusting when you consider where the American people are on this and countless other issues where they are opposed to the village.

Through her presidential run she finally gained the ability to be of the people and an unstoppabe force if she so chose. Instead, she went back to the comfortable confines of the Village circuit on this one.

But, we've always been at war with Eastasia...

True, But That's Not Who She Is

She's never been one to lead some sort of all out fight against the party leadership. I wish she were and I would think more of her if she'd do it (even if I don't think it would work, that shouldn't stop her from trying). But she never has and I don't think ever will. And I know for certain that she isn't going to start on a bill that gives her state a trillion dollars and do it five weeks before a presidential election that many in the party are already poised to blame any loss on her. It's not in her political interest, even if it's in the national interest.

But I don't think she'd do it anyway because, as I said, that's not who she is. Unfortunately.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

Yeah.

Remember that one?

I remember Bush started a war. Obama would have voted for it, too. So the difference between them is one of experience and long years it took to develop her policies and choose her priorites - that was always my reason for choosing her. No comparison.

Whatev. If he wins, he's in for it anyway, thanks to Bush.

The New York Argument...

..does have some resonance with me, as I've never seen my states senators turn down any money for our domestic auto industry, but it does not make any criticism of her, today, any less valid which is the tone I'm getting from you. Unlike a bailout for the domestic auto industry, this bailout has the ability to sell away the future of an entire generation of Americans.

So be it, if she feels she can't turn down this money for her state. She is, after all, a New York Senator. But, please, Hillary, don't give me the Village talking points. Don't subject us to that. I thought she had more respect for us than that. If she feels like she can't turn that kind of money down for NYC, then quite frankly she should shut the hell up and fade away into the background on this. Don't come lecturing on on how this bill has to pass, why it has to pass "now, now, now" and how now is not the time for partisanship. She can save that, because we are hardly in the mood to hear more of that.

Again, my problem so much isn't that she's voting for this, but that she seems to have gone out of her way to chide those that aren't going to. Save it, Hillary. I don't want to hear it, not now, not ever.

But, we've always been at war with Eastasia...

Don't Mean To Suggest She Shouldn't Be Criticized

Because this bailout is wrong and a vote for it is wrong even if you represent NY. And I was disappointed to see her say this today.

It's just sometimes I think she's held to a standard no one else meets and so all I'm saying is that her wrongness is no greater than anyone else who is voting for (or justifying a vote for) this piece of shit. I also don't think her wrongness is less than anyone else voting for it, even if I'm a bit more understanding of the New Yorkers (although Chuck Schumer can still go fuck himself because he's been particularly awful). And, yes, it's painful to see her echo Village talking points which she knows are wrong and she shouldn't be making arguments she knows are wrong even if she feels like she has to vote for this piece of shit bill.

At this point, I hate just about everyone, but I'm running out of emotional energy so I've decided to keep my ire focused on Nancy, Harry, Barney, Chris and Barack because they don't have to lead some sort of floor fight or movement to stop this atrocity, any one of them could stop it right now. Or they could've refused to go along with the Administration's framing to begin with. But they insist on this fucking bailout even though yesterday was a perfect opportunity to start over and do better.

But to be clear, Hillary is wrong to vote for this and wrong to try to convince others to vote for it. Everyone who votes for this is wrong.

BTW, what happens when they pass this (and they're going to, the leadership will bribe and threaten members until they get the votes) and then the economy still tanks and the markets still crash? Since the Dems and Obama have embraced this and told me this will fix the problem, I assume I can hold them responsible when it doesn't.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

More money!

They've all been careful to say that things are so really really bad that this trillion dollars may not fix it. And of course, spent this way it certainly won't fix anything and so they'll be back. They're looking for another half a trillion dollars in support through FDIC and the Fed already, and they'll be sniffing everywhere they can for as much as they can siphon off. Minimum needed to keep the lies from being uncovered is being gueestimated at $5 Trillion, and even that won't make a decent dent in the $65 Trillion of real debt that a full settling up would expose.

Big problem, and throwing cash at it may not have any effect at all.

Higher Inflation and a Further Declining Dollar

those are effects it's likely to have. But then when you pay a trillion for worthless assets, inflation is bound to set in, don't you think?

I still can't get past that this plan is not just a horribly expensive giveaway, it's a horribly expensive giveaway that won't work.

The only upside that I see is that we're reaching the beginning of the end. This little system they've built and leveraged is unsustainable and they're running out of money and bullshit to keep it going. It's just too bad so many innocents, none of whom are in Congress, are going to be hurt in the collapse.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

on HRC and "what she/they/someone could do"

the simple fact is that via procedure, more than just fillibustering but including that, any senator could hold up any bill for as long as they felt like it. some senators have powers some do not, but there are many ways to throw a wrench into the legislation machine. too bad dems decided to keep all that powder dry. the rethugs don't, i've noticed. odd, that.

...i'm really tired, but perhaps i'll come back later and find it; once i posted on Nanci's amazing ability to utterly kill a minor bill that wasn't to her liking (iirc, nor mine) with a simple act in the capacity of speaker. there are lots and lots of ways to make legislation not happen, as the Republicans have demonstrated again and again, both as majority party and minority, and as individuals. like i said, i'm tired, but a little while ago someone was telling me about some great legislation/renewal of funding for some good program that a single rethug senator had held up and would hold up for as long as it took to kill it.

it's such fucking Kabuki. "we don't have the votes!" "we have no choice but to fund the war!" "we have no authority to arrest those in contempt of congress." i'm no Consitutional Scholar, but i'm also not that fucking stupid. HRC, or anyone, could at the very least hold this bill up for a time long enough for there to be real debate, with any number of the procedural tricks that the founders built into the congressional system.

just think on it: how much political capital/popularity would the politician get, who tried some trick like i'm talking about, should he or she choose to make a media moment out of it? "i'm going to stand here on the Senate floor and fillibuster this atrocity of a bill and rescue the American people from lying, thieving ultra wealthy bankers, who made a mess and now want the American People to pay for. Hell no, I won't allow it!" that person would instantly become the most popular politician in the country, droves of people all along the spectrum would rise in defense of that brave person. a creative staff could find a zillion ways to milk such a stunt, and the MCM/SCLM would be utterly unable to stop people from talking about, indeed they would be forced to cover it...ach, my brain aches at all the ways i can think of to make hay from standing up to this bill, were i a politician.

BDB: i don't want to restart any flamewars, so i'll just let it go. it's no longer important to discuss what was or wasn't said here about HRC during the primary, or rather, i don't believe now is the most productive time to do so. i have an opinion, you're free to ignore, critique, mock, and flame it or not; i'll still think the world of you.

Oh, She Could Do It

I don't mean to suggest she couldn't gum up the works or make it more difficult to pass this, she could. She might even be able to stop it, although that would require getting enough Senators on board to prevent a cloture vote (remember, this won't go to any Committee, Reid is unlikely to recognize any holds, just as he refused to do so with Dodd and FISA). So I think at most the only thing she could do on her own is increase the pressure her fellow Senators and maybe that would be enough to kill it, if not delay it. It certainly would be a worthy thing to try and I wish someone would. It would be in the nation's best interest.

But it isn't in hers. Because it's likely Obama wins in November, so any acclaim now won't help her get the nomination in four years. She's stuck in the Senate for the foreseeable future. With all those people she just put a bunch of pressure on and a leadership she just rebelled against. She'd get the media attention now (and I'm not sure it would be positive, although I think a lot of citizens would like her for any attempts at stopping this), but tomorrow when the media moves on, the leadership can and will punish her in a million different ways. She's immune to some of what they're likely to try with other members (like campaign donations), but others like committee assignments she is not. Then there's trying to get other legislation through that she wants when she's pissed off a lot of her colleagues and the leadership. The leadership can dick her over from now until forever. And she's probably fucked with Dodd, too, who controls the Committee that oversees a lot of her constituents.

Or let's say she stops this bill and then everything comes crashing down. Who is going to be blamed? She is. Nevermind this bill wouldn't fix anything, she would be blamed by left and right alike for destroying the economy. The media already hates her. Her colleagues would be angry at her and only too happy to join in the blame.

Now, in my perfect world, she wouldn't care about any of that and would fight the good fight, consequences be damned. But my perfect world Hillary doesn't exist and instead I'm stuck with the very flawed real world one.*

The truth is there isn't much in it long-term for Hillary to do this and the risks are quite high.** Now, of all the people in Congress who could withstand the risks, she's near the top of the list and I'd love to see her put up the good fight. But, as I said above, that's not her. She's risk averse and one of the least likely people to buck the system when push comes to shove.

But I don't really want a flamewar or relitigate anything either.

* My own view of people generally is that every single one has strengths and weaknesses and everyone has to balance those strengths and weaknesses for him or herself. For me, Hillary's strengths outweigh her weaknessess, but that doesn't mean she lacks significant weaknesses or balances more positively than some other politicians for me personally or that everyone is going to come down on her the same way. It's a personal thing for every person about every person.

** Part of the problem we're going to have is that the risks are going to be quite high for any individual member to fight this because the leadership will remember and can make them miserable and because it's so hard for any one member to stop legislation, especially when it won't go to committee but go directly to some floor vote. I fully expect that's the plan - divide and conquer, so each member feels isolated and like they are taking on the leadership solo. Our only hope, IMO, is that the House members who oppose this on the Democratic side find a way to stick together and protect each other. I've written off the Senate, it's generally more conservative and its members more immune from public pressure with the 6-year terms. The Senate is going to fuck us. I'm betting the House will, too, but I think we have more of a chance there because we are five weeks from an election in which every member is on the ballot.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

What Hillary said (that wasn't reported)...

We could not give the treasury a black check,” Clinton said. “A lot of the changes made are for the good.”

She said she expected the House to pass the plan today, and she and other senators will be working feverishly over the next few days to try to accumulate the 60 necessary votes for it to pass in the Senate.

She added that she also plans to introduce legislation creating a system similar to Franklin Roosevelt’s Homeowner Loan Corp. That system will refinance adjustable rate mortgages to loans with lower, and more stable rates to allow homeowners to stay in their homes.

“The problem is that nobody knows who holds their mortgage,” Clinton said. “Only the government has the capacity to push this forward. We have to come together to achieve that.”

Clinton said she is a bit wary of putting money for the bailout in the same hands as those that created the mortgage and banking mess in the first place in hope they find a way to unravel the mess they made, but reiterated that there seems to be no other choice.

She said that she is also worried about the large amount of credit card debt Americans have accumulated.

She said the average American family has about $9,000 in credit card debt and that may be the next sector of the economy to fall apart.

“We have a lot of work to do to dig ourselves out of the hole we’ve put ourselves in,” Clinton said. “We have so much debt. The federal government has lost its way over the past eight years by allowing public and private debt to reach unprecedented levels.”

Reported HERE.

Wow, talk about jumping to conclusions.

Come together at The Confluence

Come together at The Confluence

Sounds To Me

That she plans to introduce legislation for the HOLC after this legislation, which is a good thing that it's an proposal still very much alive in her mind, but it in no way makes up for her said "yes" vote on this existing piece of legislation. The rule is that you get criticisim for proposing and/or voting for bad legislation and you get praised for just the opposite. Hillary is going to have to take her lumps on this just like everyone else if she follows through on voting "yes" for this exisiting legislation. It's as simple as that. She, Obama, and McCain ultimately are in the same boat on this one and that is "yes" voting a horrible transfer of wealth to the private sector with a return that simply isn't worth it, as if breaking even or gaining would even justify such a proposal.

BTW, totally off topic, but at the very moment I'm typing this I see an Obama commercial on television trashing universal healthcare as an extreme on one side of the spectrum, and our current system as an extreme on the other side of the spectrum.

*gag*

But, we've always been at war with Eastasia...

Legislation Later Is Weak Tea, Indeed

and it sounds like that to me, too. I'd at least liked to have seen her offer HOLC as an amendment. Even if it goes down, make them vote on it. That's got a lot less potentially negative consequences for her than trying to out-right kill the bill.

Separate from Ms. Clinton, do we know if Reid is going to permit amendments to be offered? And has anyone heard any of the Cong. leaders or Obama talking about future fixes after this? That would be weak, like I said, but have we even gotten that?

Don't start with me on Obama and healthcare.

"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt

Disgusting

What an asshole. Doing his best to keep the Overton window stuck right where it is. A YouTube of that ad would be really nice.

Though it does give me a sliver of hope that The Lightbringer finds it necessary to run the ad at all.

[ ] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Wow! That's pessimism at its finest.

What if, there is a real desire for someone to take the lead? What if there aren't a lot of Senators that want to vote for this turkey? What if their leaders aren't giving them any options? And now the entire country is bellowing for someone to do something but not THAT thing. And here she comes on the senate floor and offers them a way out. And the pressure on Republicans gets really intense to do SOMETHING that will help the little guy. And they cave and there is much rejoicing and Harry and Nancy look like the idiots they are and the people rise up and demand Hillary.
Ok, maybe I went too far at the end but a girl can dream, can't she?

Come together at The Confluence

Come together at The Confluence

If Mine Was Pessimism...

...your's was ridiculously unrealistic optimism.

But, we've always been at war with Eastasia...

Linky Hillary goodness.

I understand that from now until the end of time, every flaw in the grain of Washington is Her Fault, but it looks to me like she actually is doing something to change the way things are done in the Village:

http://www.theonion.com/content/news/bor...

Obama, McCain and Hillary are NOT on the same level

Obama could call for the death of all first born and the progblogs, the Dem leadership and the media would praise it. McCain doesn't have the backing of the uber-cons[ervatives] in his own Party, but does have a bully pulpit. Hillary? Well, she's the wicked witch of the east and was practically pushed out of the primary, called a racist, and couldn't even have her delegates vote for her at the convention--where she was forced to humiliate herself and call for acclimation. She definitely does NOT have much power in the party or in Congress with Obama/Dean/Pelosi at the helm.

Now that doesn't mean she should be immune to criticism. But we know that Hillary more than most pols this cycle keeps her promises (e.g. FISA, which Obama could have single handedly stopped, btw). And we know that she wanted to pursue HOLC before any bailout, so we have the DNC, Dem leadership and Obama to blame for this legislation more than anyone else. Hillary is not perfect, but the balme should really be focused where it belongs, and Hillary is now just a small player (unless its being sent out as a prop to get people to vote for Obama).

The very same AUMF as

Biden and Daschle and Kerry and Edwards. Hardly a peep was heard.

Pitiful. Really.

Yes, the very same AUMF

which was indeed my point. Not a lick of difference between them.

Awesome. So why can't we have her again?

N/T.

Not quite true.

Not a lick of difference between them.

At all.

But you're stuck with him.

Lambert

The ad wasn't done out of any pressure from the left, rather is done out of the necessity to protect himself from the right, which continue to paint his healthcare plan as 'socialized medicine.' Not sure that there is much to hope about, in that, considering where the pressure is coming from.

But, we've always been at war with Eastasia...

Gad...

... You're right. Still leaves the Overton Window stuck right where it is. Leadership!

[ ] Very tepidly voting for Obama [ ] ?????. [ ] Any mullah-sucking billionaire-teabagging torture-loving pus-encrusted spawn of Cthulhu, bless his (R) heart.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Awesome?!

What's awesome about this, or are you play contrarian for a contrarian's sake? There is nothing good that has come out of this, and she's not not an exception.

But, we've always been at war with Eastasia...

What's "Awesome" is...

that no discussion of HRC can be complete without pissy asides like "herstory", or rhetorical questions like "Can we take her off the pedestal now?". And some of those same concern trolls having the gall to play the "They're all teh SAAAAAME!" card.

If they're all the same, I want her. That's all.

Loss of Sainthood or Expectations of Martyrdom

I don't want her blowing herself up in a suicide run for the sake of a symbolic victory. Martyrdom doesn't get us jack shit and martyrdom that accomplishes nothing but symbolism gets us even less and costs us a great Senator, a great leader, a possible future President and much, much, more. Would symbolism make up for losing one of the few real democrats we've got left? She has went all out with the HOLC plan -- pushed it in all kinds of media outlets -- but she doesn't have the power to force a new plan. She can't make Obama champion the cause and he is the only one with the political capital to present an alternative plan that democrats could pass with or without GOP support. If she could actually get an alternative plan pushed through then the fight and possible political death might be worth it but in this case falling on her sword is that and that alone.

If folks want to be disappointed they should be disappointed in the fact that a democrat with name recognition and popular support stood up in our time of need, presented a plan to fix the systemic problems in our economic system, and help homeowners and was soundly ignored and rejected by those in the democratic party leadership that could actually put the plan into action. We have a systemic problem in our party every bit as toxic as the one in our financial system.

PB 2.0 - Supplement the wonk!

PB 2.0 - Supplement the wonk!