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Live Chat: Robert Scheer on Obama and the Economy

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Posted on Jul 9, 2010

8:43 Truthdig
Fri, 09 Jul 2010 16:43:31 GMT
Comment: Welcome to our live Q&A session with Robert Scheer.


8:50 Truthdig
Fri, 09 Jul 2010 16:50:36 GMT
Comment:

 As we wait for our columnist to appear, feel free to chat among yourselves and take a look at some of these videos on the topic. 


9:01 Truthdig
Fri, 09 Jul 2010 17:01:59 GMT
Comment:

 Hi Bob, thanks for joining us this week. We have a lot of questions lined up, so let’s start this!


9:02 Robert Scheer
Fri, 09 Jul 2010 17:02:11 GMT
Comment:

 Hello everyone.


9:02 Truthdig
Fri, 09 Jul 2010 17:02:36 GMT
Comment:

 Dilbert, San Diego asks “When is the DOJ going to prosecute the Wall Street bankers and rating agencies for FRAUD?
This crisis is all about jobs. The multinational corporations have shipped the factories that our parents and grandparents have built to Asia now. What are we going to do to keep the US citizens in well-paid jobs now?”

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9:04 Robert Scheer
Fri, 09 Jul 2010 17:04:08 GMT
Comment:

 I don’t think there are going to be significant prosecutions because the people who committed what should be serious crimes got to write the laws making those crimes legal through their lobbyist campaign contributions to the politicians. As far as controlling the multinational corporations, that requires a democracy in which the average voter’s interest is reflected, and we don’t have one.


9:04 Truthdig
Fri, 09 Jul 2010 17:04:55 GMT
Comment:

 Next question:
Since the stimulus bill has not worked, how can Obama improve the economy and get people back to work?


9:04 Comment From Guest
Fri, 09 Jul 2010 17:04:59 GMT
Comment: Hi Bob -


9:05 oceanshaman via twitter
Fri, 09 Jul 2010 17:05:15 GMT
Comment:

 RT @markknoller: In an economic speech today, Obama will again say: “Our economy is growing, instead of shrinking ... almost 600,000 new jobs.”


9:05 RPaul_Bedford via twitter
Fri, 09 Jul 2010 17:05:42 GMT
Comment:

 Is Obama helping the economy or hurting it?


9:06 republicangnome via twitter
Fri, 09 Jul 2010 17:06:27 GMT
Comment:

 Obama promotes energy projects, economy in Nevada (AP) http://goo.gl/fb/K72aq #tcot


9:06 Robert Scheer
Fri, 09 Jul 2010 17:06:32 GMT
Comment:

 It’s not that the stimulus bill didn’t work but that it didn’t go far enough, and that a much larger amount of money was wasted on bailing out Wall Street. The key to the whole problem goes back to the housing foreclosures, and there needs to be an empowerment of the courts to readjust those mortgages when the banks don’t want to and to put a freeze on mortgage foreclosures. And we need a real stimulus as we had during the Great Depression, where we made very important needed additions to the infrastructure of this country.


9:07 Truthdig
Fri, 09 Jul 2010 17:07:16 GMT
Comment:

 Truthdig reader Lars from San Francisco asks:
Obviously the President is grossly ineffectual on nearly all the major issues, as you and so many others have pointed out. In your opinion, is this because Obama lacks the will and desire to actually make the necessary changes to fix our unemployment crisis, Afghanistan, financial reform, etc.? Or, does he have the will, and is trying his hardest, but simply doesn’t have the authority to overcome the corporate interests that now seem to control every major policy decision?


9:11 Robert Scheer
Fri, 09 Jul 2010 17:11:13 GMT
Comment:

 (To Lars) Obama has fallen prey to the siren song of centrist opportunism that has dominated the Democratic Party. He rehired the worst culprits from the Clinton administration in foreign and domestic policy. In foreign policy, we’re pursuing the fantasies of Richard Holbrooke and the other liberal hawks who’ve dominated Democratic foreign policy going back to Vietnam and still believe it’s their obligation to remake the world in some version of American corporate interests. In domestic policy, he hired the very people—Timothy Geithner, Lawrence Summers—who legalized financial industry crime, removed those toxic derivatives packages from any legal supervision and opened the door for what really in effect was a corporate crime spree. 


9:11 Question From Spencer
Fri, 09 Jul 2010 17:11:50 GMT
Comment: Is the economic situation beyond the scope of our broken electoral politics? (I would say yes.) Can we effect change some other way?


9:13 Truthdig
Fri, 09 Jul 2010 17:13:30 GMT
Comment:

 We have a few questions lined up, so please be patient; we will get to yours shortly.


9:13 Robert Scheer
Fri, 09 Jul 2010 17:13:55 GMT
Comment:

 (To Spencer) It had better not be, or we’re doomed. I think there’s a great deal of pain out there; the IMF just predicted that the unemployment situation will not improve for a couple years. We have a stagnating economy—people’s life savings have been destroyed with the collapse of the housing market. And I think that if the Democrats and the so-called moderates don’t respond to that pain with real programs to control Wall Street and bring jobs back, we’re in for an era of right-wing demagogic control. Get ready for President Palin ... !


9:14 Question From Doodranch
Fri, 09 Jul 2010 17:14:15 GMT
Comment: Bob, are there any avenues you can foresee that would allow taxpayers to get some of that misused stimulus money back from banks?

1   2   3   NEXT PAGE >>>

Click here to check out Robert Scheer’s new book,
“The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street.”


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By PopaD, September 15, 2010 at 4:01 am Link to this comment
(Unregistered commenter)

In 1953, Charles Erwin Wilson, then GM president, was named by Eisenhower as
Secretary of Defense. When he was asked during the hearings before the Senate
Armed Services Committee if as secretary of defense he could make a decision
adverse to the interests of General Motors, Wilson answered affirmatively but
added that he could not conceive of such a situation “because for years I thought
what was good for the country was good for General Motors and vice versa”. Later
this statement was often misquoted, suggesting that Wilson had said simply,
“What’s good for General Motors is good for the country.”

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MarthaA's avatar

By MarthaA, July 13, 2010 at 2:40 pm Link to this comment

Richard Nixon, July 12 at 9:26 pm,

If you are worried about Center Right, you should register with the Democratic Party and vote for the Democrats and do your best to elect liberals, because the Republican Party is Far EXTREME Conservative GOP Right, which is worse for the 70% Majority American Populace.  Here is a list of some of what President Obama has signed since his inauguration for your perusal before you go register with the Democratic Party:
 
Daniel Pearl Freedom of the Press Act, Signed: Monday, May 17, 2010
 
Caregivers and Veterans Omnibus Health Services Act of 2010, Signed: Friday, April 23, 2010
 
Health Care and Education Affordability Reconciliation Act of 2010, Signed: Tuesday, March 30, 2010

Patient Protection and Affordable Care Act, Signed: Tuesday, March 23, 2010
 
Hiring Incentives to Restore Employment (HIRE) Act, Signed: Thursday, March 18, 2010
 
Emergency Aid to American Survivors of the Haiti Earthquake Act, Signed: Wednesday, January 27, 2010
 
2009 Tax Breaks for Haiti Donations, Signed: Friday, January 22, 2010
 
Ryan White HIV/AIDS Treatment Extension Act of 2009, Signed: Friday, October 30, 2009
 
National Defense Authorization Act for Fiscal Year 2010, Signed: Wednesday, October 28, 2009
 
Veterans Health Care Budget Reform and Transparency Act, Signed: Thursday, October 22, 2009
 
Cash For Clunkers Extension, Signed: Thursday, August 6, 2009
 
Homebuyer Assistance and Improvement Act of 2010, Signed on July 02, 2010
 
Airport and Airway Extension Act of 2010, Part II, Signed on July 02, 2010
 
National Flood Insurance Program Extension Act of 2010, Signed on July 02, 2010  

Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010, Signed on June 25, 2010
 
A bill to provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes, Signed on July 31, 2009

Helping Families Save Their Homes Act of 2009, Signed on May 20, 2009
 
Protecting Incentives for the Adoption of Children with Special Needs Act of 2009, Signed on May 15, 2009

To provide that Members of Congress shall not receive a cost of living adjustment in pay during fiscal year 2011, Signed on May 14, 2010


To permit the use of previously appropriated funds to extend the Small Business Loan Guarantee Program, and for other purposes, Signed on March 26, 2010

To accelerate the income tax benefits for charitable cash contributions for the relief of victims of the earthquake in Haiti, Signed on January 22, 2010.

Medicare Physician Payment Reform Act of 2009, Signed on February 27, 2010

Credit CARD Technical Corrections Act of 2009, Signed on November 06, 2009

Energy and Water Development and Related Agencies Appropriations Act, 2010, Signed on October 28, 2009

Veterans Health Care Budget Reform and Transparency Act of 2009, Signed on October 22, 2009

Native American Heritage Day Act of 2009, Signed on June 26, 2009

Hiring Incentives to Restore Employment (HIRE) Act, Signed on March 18, 2010

North American Wetlands Conservation Act, Signed on March 25, 2010

Patient Protection and Affordable Care Act, Signed on March 23, 2010

Patient Protection and Affordable Care Act, Signed on March 23, 2010

Jobs for Main Street Act, 2010, Signed on February 24, 2010

Statutory Pay-As-You-Go Act of 2010, Signed on February 12, 2010

Veterans Health Care Budget Reform and Transparency Act, Signed on October 22, 2009

Lilly Ledbetter Fair Pay Act, Signed on January 29, 2009

Helping Families Save Their Homes Act, Signed on May 20, 2009

Children’s Health Insurance Reauthorization Act, Signed on February 04, 2009

American Recovery and Reinvestment Act, Signed on February 17, 2009

Weapons Systems Acquisition Reform Act, Signed on May 22, 2009

Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009, Signed on May 22, 2009

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By christian96, July 13, 2010 at 10:15 am Link to this comment

There will be no change with Democrats or Republicans.  We are just going to have to ride
the existing system until it implodes or explodes.
Which will it be?  Your guess is as good as mine.

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By Richard Nixon, July 12, 2010 at 4:26 pm Link to this comment
(Unregistered commenter)

‘We must get Conservatives/Moderates out of the Democratic Party, as the
Democratic Party is all there is to represent the political Left.’

I disagree. I think we need to vote against the democratic party any chance we
get. Hasn’t January 20th, 2009 to the present shown you that the Democratic
Party as a whole is basically center right?

Report this
MarthaA's avatar

By MarthaA, July 12, 2010 at 2:06 pm Link to this comment

The Democratic Party’s DLC Conservative EXTREMIST President Bill Clinton was the best Republican president there has ever been, according to Alan Greenspan, the previous Federal Reserve Chairman.  We must get Conservatives/Moderates out of the Democratic Party, as the Democratic Party is all there is to represent the political Left.

If only the members of the populace could learn exactly what political Conservatism really is, surely they wouldn’t vote for Conservatism, but the Right-Wing’s Conservatives are so sure of their inculcation of the populace that they are assured that it doesn’t matter to the populace, even though Conservative means they are going to try to get rid of unemployment, Social Security, Medicare, Medicaid, sell the buildings, bridges, roads and ports in our country to other countries, get even more heavily into outsourcing jobs away from the populace, start more wars on borrowed moneyand borrow even more money to supposedly lower taxes; it doesn’t matter that the populace will be in debt and be forced to work for slave wages all their days, as this is what Conservatism does….. and all the cows say, “Yeah!”  And it is not funny, although the FOX News Network thinks it is, because they are doing it —————- the populace must be educated against destroying themselves from Right-Wing political conservative inculcation in this manner.

It is sad that renters, home mortgage payers, auto mortgage payers, Social Security participants, workers, waitresses, auto mechanics, Medicare participants, Medicaid participants, the nearly destitute and the destitute of the American populace think they are Conservative Republicans and will argue as if they had a leg to stand on, because of all the conservative political inculcation in the schools, churches and in the media—they think they must vote with God. 

As long as the American populace members think that there is Godly and social help for the populace from the autocratic Conservative Right side of the spectrum, and that God is standing on the Right side of the spectrum, they sell themselves and the populace out to be outsourced, sidelined and marginalized.

It is imperative to somehow break the populace’s conservative mindset rut of destruction inculcated by the Glenn Beck Type Conservative Revolution that continues and has continued for the past 30 years.  In order for there to ever be a democratic revolution against the Conservative Revolution, somehow the inculcated conservative mindset within the liberal populace must be broken, as all these poor people thinking they are Conservatives makes it impossible to ever have anything close to a democratic republic for the populace and God is creator not conservator.

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By christian96, July 12, 2010 at 11:35 am Link to this comment

I thought the following comments would appear after page 1 but they obviously didn’t:


By christian96, July 12 at 4:30 pm #


History will show the President of the United States
getting a blow job in the oval office was the
beginning of the end.  I couldn’t understand how
this president continues to get positions and his
face in the limelight until Mr. Sheer explained
how he handed the government over to big business
and corporations.  Because our nation is bombbarded
daily with sexual stimuli people don’t realize the
severe demeaning this blow job brought to the office
of the Presidency.  He may laugh with his buddies
in Arkansas but judgement is just around the corner.
He falls within the group in the Bible that says,
“He did evil in the sight of the Lord!”  IN THE
OVAL OFFICE FOR GOD’S SAKE! He and his business
buddies better get all the enjoyment they can while
in this life.  They aren’t going to enjoy the next
life!

Report this

By christian96, July 12, 2010 at 11:30 am Link to this comment

History will show the President of the United States
getting a blow job in the oval office was the
beginning of the end.  I couldn’t understand how
this president continues to get positions and his
face in the limelight until Mr. Sheer explained
how he handed the government over to big business
and corporations.  Because our nation is bombbarded
daily with sexual stimuli people don’t realize the
severe demeaning this blow job brought to the office
of the Presidency.  He may laugh with his buddies
in Arkansas but judgement is just around the corner.
He falls within the group in the Bible that says,
“He did evil in the sight of the Lord!”  IN THE
OVAL OFFICE FOR GOD’S SAKE! He and his business
buddies better get all the enjoyment they can while
in this life.  They aren’t going to enjoy the next
life!

Report this

By call me roy, July 11, 2010 at 4:18 pm Link to this comment

Wait, maybe the prosecutions will be coming around about the same time as those for illegal invaders.
Why do we call people who are illegally in this country “immigrants?” They have not migrated to America. They climbed over the fence, dug under the fence, or came into American in the trunk of a car. Why were they so diviouys in their entry? Because they knew it was an illegal entry. They are not immigrants. They are illegals! They are criminal because they have broken our sovereignty and our law, because they show no respect for what is ours, because they have not earned American citizenship. Think that timing might be right, Mr. Scheer?

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By call me roy, July 11, 2010 at 4:12 pm Link to this comment

I think it is likely that the DOJ going to prosecute the Wall Street bankers and rating agencies for fraud as it is that the Black Panther Party will be prosecuted for standing around polling places with clubs, right Mr. Scheer?

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MarthaA's avatar

By MarthaA, July 11, 2010 at 3:36 pm Link to this comment

The Conservative Wall Streeters are definitely not the American Populace’s Base.  We, the American Populace, must be about learning the difference between Conservatism and Liberal innovation and the American Populace need to learn that they are not Conservatives and this essay by Ralph Waldo Emerson called “The Conservative” should make it clear:
http://www.emersoncentral.com/conservative.htm

“The two parties which divide the state, the party of Conservatism and that of Innovation, are very old, and have disputed the possession of the world ever since it was made. This quarrel is the subject of civil history. The conservative party established the reverend hierarchies and monarchies of the most ancient world. The battle of patrician and plebeian, of parent state and colony, of old usage and accommodation to new facts, of the rich and the poor, reappears in all countries and times. The war rages not only in battle-fields, in national councils, and ecclesiastical synods, but agitates every man’s bosom with opposing advantages every hour. On rolls the old world meantime, and now one, now the other gets the day, and still the fight renews itself as if for the first time, under new names and hot personalities.”

“It is the primal antagonism, the appearance in trifles of the two poles of nature.”

“There is always a certain meanness in the argument of conservatism, joined with a certain superiority in its fact. It affirms because it holds. Its fingers clutch the fact, and it will not open its eyes to see a better fact. The castle, which conservatism is set to defend, is the actual state of things, good and bad. The project of innovation is the best possible state of things. Of course, conservatism always has the worst of the argument, is always apologizing, pleading a necessity, pleading that to change would be to deteriorate; it must saddle itself with the mountainous load of the violence and vice of society, must deny the possibility of good, deny ideas, and suspect and stone the prophet; whilst innovation is always in the right, triumphant, attacking, and sure of final success. Conservatism stands on man’s confessed limitations; reform on his indisputable infinitude; conservatism on circumstance; liberalism on power; one goes to make an adroit member of the social frame; the other to postpone all things to the man himself; conservatism is debonnair and social; reform is individual and imperious. We are reformers in spring and summer; in autumn and winter, we stand by the old; reformers in the morning, conservers at night. Reform is affirmative, conservatism negative; conservatism goes for comfort, reform for truth. Conservatism is more candid to behold another’s worth; reform more disposed to maintain and increase its own. Conservatism makes no poetry, breathes no prayer, has no invention; it is all memory. Reform has no gratitude, no prudence, no husbandry. It makes a great difference to your figure and to your thought, whether your foot is advancing or receding. Conservatism never puts the foot forward; in the hour when it does that, it is not establishment, but reform. Conservatism tends to universal seeming and treachery, believes in a negative fate; believes that men’s temper governs them; that for me, it avails not to trust in principles; they will fail me; I must bend a little; it distrusts nature; it thinks there is a general law without a particular application, — law for all that does not include any one. Reform in its antagonism inclines to asinine resistance, to kick with hoofs; it runs to egotism and bloated self-conceit; it runs to a bodiless pretension, to unnatural refining and elevation, which ends in hypocrisy and sensual reaction.”

“And so whilst we do not go beyond general statements, it may be safely affirmed of these two metaphysical antagonists, that each is a good half, but an impossible whole.”
http://www.emersoncentral.com/conservative.htm

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By MeHere, July 11, 2010 at 8:33 am Link to this comment

Crazy talk, again.  In the same comment, R. Scheer says we should rally around a few good (Democratic) politicians, and then he talks about the betrayal by the Democratic leadership which is something that happens all the time. If those politicians are so good, why are they staying with a corrupt party? And then, why should we rally around them?  Incomprehensible.  Is there no life outside these two ruling parties?

Report this

By sharonsj, July 11, 2010 at 8:03 am Link to this comment
(Unregistered commenter)

Much blame is heaped upon Clinton for the repeal of Glass-Steagall, but wasn’t it a Republican, Phil, Gramm, who put it in the budget?  I’ve read elsewhere that Gramm added it on or slipped it in, and since nobody over there reads an entire bill, and since Clinton had to sign a budget or else, it got passed.  That’s a far cry from saying that Clinton was a knowing participant.

In any case, I have no hope that Congress will do anything to benefit the average American.  There is no recovery.  The jobs are not coming back.  America is toast and I am hiding out in the backwoods with my food stores and ammo.

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By rollzone, July 10, 2010 at 6:32 pm Link to this comment

hello. that people can not see how our economy is
controlled by very few people, and taxes and
regulations continue to kill small business to
benefit those few is amazing. full disclosure would
educate us about where all the money goes, and that
scares those in control. China is growing well, as is
Korea, as are many other countries dependent upon
capitalism: let them learn from us to not let it
control them, as it now owns our Congress and voting
system. economy begins as a means of social progress,
and then grows into an unhealthy greed fueled vacuum
of power. a healthy social economy requires the
freedoms and liberties of republican democracy, and
not the totalitarian directors of profit that we now
live with. people have a right to compete with
WalMart and every other monopoly, without being
buried by government. my approval rating is 8 out of
10 willing workers have jobs, porkulus from health
care bribes are coming, and already there is a surge
from wholesale inventories for unexplainable reasons:
he gets a B+. he and we are not in control.

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Ed Harges's avatar

By Ed Harges, July 10, 2010 at 4:45 pm Link to this comment

Hello Mr. Scheer,

I’m sorry to bother you with a matter not strictly pertinent to this particular
thread; but the matter I bring to your attention concerns the security of the
Truthdig site itself. Since Truthdig is, so to speak, your baby, I thought you
would like to know about a curious occurence, something that may indicate
tampering by someone with your website.

For the last several days when I tried to open TD’s home page, I got a page
stating that the site was down due to “technical difficulties”. I finally opened a
different browser and found that your site opened just fine. So I went back to
the other browser and reset it, deleting all cookies. And then—Presto!—
Truthdig opened just fine.

Obviously, someone had deposited a cookie in my browser that would cause
the fake “technical difficulties” page to appear whenever I tried to open
Truthdig.

I have too much faith in your integrity to believe you would condone a such a
dishonest and obstructive practice. So I can only conclude that some outside
hacker, or else some unscrupulous person with Truthdig administrative
privileges, is trying to obstruct the free discourse and access for which Truthdig
is so rightly prized by its readers.

Yours respectfully,

Ed Harges

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By Richard Nixon, July 9, 2010 at 5:38 pm Link to this comment
(Unregistered commenter)

To the commenter Tim:

The candidates I would recommend supporting in the state of California are ones
that take no corporate PAC money. They shouldn’t sell you out immediately after
taking office.

As far as I know the green party does not take money from corporate PAC’s and I
would be surprised in the Freedom and Peace Party did.

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Hulk2008's avatar

By Hulk2008, July 9, 2010 at 12:12 pm Link to this comment

How do we stop the seemingly never-ending cycle of the greedy climbing up the ladder and then sawing off the rungs behind them?

It seems people don’t learn and remember the very lessons they obtained when they were down and out once they reach the up and “in”. 

That goes for politicians in spades.

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