Mar 05 2009

Will Moderate Dems Bolt On Obama? Will A New Gang Of Moderates Save The Nation?

Published by at 9:15 am under All General Discussions

Update at the end - 

While the Dems do have huge majorities in Congress, Obama and the liberal Dem leaders in Congress can still go too far and be defeated. Right now there may be a chance this could happen, because there  seems to be a mini-revolt brewing in the Democrat ranks over the Omnibus spending bill and the complete lack of fiscal discipline as Congress shoves money to their cronies :

Sen. Evan Bayh (D-Ind.), in an essay published Wednesday in The Wall Street Journal, ripped a spending bill passed by the House last week as “a sprawling $410 billion compilation of nine spending measures that lacks the slightest hint of austerity from the federal government or the recipients of its largesse.”

Emphasis mine. Don’t these people see the economic crisis going on? As more and more Americans are financially stressed, what money we do send to DC is being either being blown or ripped off to help a select few get wealthier. Don’t have a a job? You don’t have a sugar daddy in Congress apparently. Why should average workers be thrown out of work while some friend of a friend of someone in Congress gets our tax money sent to them to build some whacky museum or dog run (while pocketing millions)?

The stench in DC is sending some democrats for the exits, fed up with the wild abandon rippling through DC while the rest of  America hurts: reported Tuesday that 15 senators—14 Democrats and one independent—met behind closed doors this week to share concerns over the cost and reach of Obama’s proposed $3.55 trillion budget for 2010.

A $787 billion “stimulus” package. A $410 billion spending bill. A $3.55 trillion budget.

Their reasoning: we need to do this in response to the economic crisis. But it’s sure sounding like business as usual in Washington. When in doubt, spend. When not in doubt … spend.

The $410 billion bill hikes discretionary spending by 8 percent and includes at least 8,570 earmarks worth $7.7 billion.

Here is what Senator Bayh wrote about this mess:

The Senate should reject this bill. If we do not, President Barack Obama should veto it.

The omnibus increases discretionary spending by 8% over last fiscal year’s levels, dwarfing the rate of inflation across a broad swath of issues including agriculture, financial services, foreign relations, energy and water programs, and legislative branch operations. Such increases might be appropriate for a nation flush with cash or unconcerned with fiscal prudence, but America is neither.

Drafted last year, the bill did not pass due to Congress’s long-standing budgetary dysfunction and the frustrating delays it yields in our appropriations work. Since then, economic and fiscal circumstances have changed dramatically, which is why the Senate should go back to the drawing board. The economic downturn requires new policies, not more of the same.

Sounds like these people are lazy as well as inept.

It is the biggest heist in history, all performed behind the facade of caring about the economy, shored up by liberal dupes in the media who have no clue about modern day economics. These people have robbed generations of Americans for ridiculous projects of no value (which is why they are ear marked and not voted on with debate to test their worthiness).

Here is another Democrat Senator opposing the bill:

“I don’t think we should pass it [spending bill] this way,” Sen. Russ Feingold, D-Wisconsin, said on CNN’s The Situation Room Wednesday. “[I’d like] to have the president veto it and say ‘clean it up, do it over.'”

If the far right has not damaged their relationship with the three moderate GOP senators who signed onto the spendulus bill (Specter, Snowe, Collins) then there is an opportunity to filibuster this next step towards financial ruin. But we need the conservatives to join in alliance with the moderate dems and reps (another Gang of 14), not bash them in another wasted ego-stroking exercise.

If this is so bad, then we must be able to find ways to join forces for the good of the country. Ignore the talking heads and their fever talk. Conservatisms enemies are not be the moderates in this situation – they may be the nation’s only hope.

Think of it this way, if the moderate dems (Bayh, Baucus, Lieberman, Conrad, etc) and the moderate GOP (Snowe, Collins, Specter, McCain) join forces with the support of the more conservative senators then Obama, Ried and Pelosi will have been neutered to a great extent and we can nationally step back from the brink.

But this time this Gang of 14 (or whatever) needs the support of conservatives if it is to work. The last Gang did great (Bush got his judicial appointments, except Miers who was the victim of far right panic and rage), but were pilloried by the extremists on the right.

Let’s see of the conservative movement can not screw this up – the nation needs moderation more than ever right now.

Update: Well, it seems we have another nationally known, die-hard democrat, Obama supporter who now is publicly fighting Obama’s economic disaster plans:

I don’t like talking politics. It is personal, but some things are a matter of public record, including my substantial six figure donations to the Democratic Party before I was no longer allowed to contribute by contractual agreement. I regard two Democratic governors as my friends, and helped back one of them in a major financial way and spoke and campaigned directly for the other.

I also made it clear in a New Yorkmagazine article that I favored Obama over McCain because I thought Obama to be a middle-of-the-road Democrat, exactly the kind I have supported all my adult life, although I will admit to being far more left-wing during my teenage years and early 20s.

To be totally out of the closet, I actually embrace every part of Obama’s agenda, right down to the increase on personal taxes and the mortgage deduction. I am a fierce environmentalist who has donated multiple acres to the state of New Jersey to keep forever wild. I believe in cap and trade. I favor playing hardball with drug companies that hold up the U.S. government with me-too products.

So why isn’t this guy just eating up the liberal Democrats’ spending spree? It seems he is one of the few remaining sane liberals in the country:

But these are issues that we have no time for now, on the verge of a second Great Depression. This is an agenda that must be held back for better times. It is an agenda that at this moment is radical vs. what is called for.

If you can help people make money to be able to retire, enjoy life, pay for college, pay down debt, etc., you are a “good guy,” so to speak. If you take the other side of the trade, you are, well, let’s say, a less favored fellow. And if you gun for the gigantic investor class that is out there that includes 90 million people in one form or another, whether it be 401(k)s or individual stocks or pension plans, then you are on my enemies list.

Look at the incredible decline in the stock market, in all indices, since the inauguration of the president, with the drop accelerating when the budget plan came to light because of the massive fear and indecision the document sowed: Raising taxes on the eve of what could be a second Great Depression, destroying the profits in healthcare companies (one of the few areas still robust in the economy), tinkering with themortgage deduction at a time when U.S. house price depreciation is behind much of the world’s morass and certainly the devastation affecting our banks, and pushing an aggressive cap and trade program that could raise the price of energy for millions of people.

Who is this disillusioned champion of average Americans, who has now vowed to fight Obama and the liberal thieves in Congress. Trust me, the answer even shocked me a bit (I had no idea the guy was so far left):

7 responses so far

7 Responses to “Will Moderate Dems Bolt On Obama? Will A New Gang Of Moderates Save The Nation?”

  1. kathie says:

    Smug Geithner sat on the hill yesterday saying that the cap and trade measures would certainly raise cost of energy, how much depends on peoples behavior. We want to change peoples behavior to save us from importing oil from our enemies and stop global warming. So I guess to keep your bills down one could stop eating, surely the cost of food will skyrocket just like it did with $4 gas. You could stop heating or cooling your house. Do any of these policy people live in the real world? Our “leaders”, our great, elite collage educated appear to not live in the real world. Now they are blaming Bush for not putting more money in education, energy, and health care. Holy cow! We need a revolt.

  2. CatoRenasci says:

    The only way to really stop these people, short of the military intervening (which won’t happen), would be for at least a majority of citizens to refuse to file tax returns (using the extension right) and for everyone to take steps to reduce their withholding and/or eliminate it entirely. The tax code rests on voluntary compliance. Not only are we selling the Leninists the rope, but we’re putting the noose around our necks and jumping.

    Of course, no one could ever counsel anyone not to pay his or her taxes, or not to file a tax return when and as due.

    But, one can have an extension to 9/15 as of right. IF every taxpayer making more than $100,000 per year in AGI took an extension and estimated in good faith they did not owe any taxes and therefore made no payment by 4/15, that would have a huge impact.

  3. WWS says:

    Well, Cato, I’ve done that every year for the last 15, at least.

    But it doesn’t matter – the government doesn’t run off of the money they collect anymore, that’s so old-fashioned. If accounts get low, Treasury will simply auction off a couple hundred more billion bonds, and if the Chinese quit propping us up they way they have been then the Fed will simply buy a trillion dollars worth with funny money that they’re allowed to create out of thin air. (The “fancy” term for this is “monetizing the debt.”) And then another trillion, and another trillion. We’re going to end up being a big Argentina, and there’s no way for anyone to stop it.

    Cramer, btw, is the perfect example of the wall street types who supported Obama and thought he would be great. Idiots.

  4. BarbaraS says:

    I read somewhere (sorry forget where) that the dems are going to try to oust the Blue Dogs in 2010 and replace them with more liberal dems. I guess they foresee trouble ahead with these people and , as usual, Dems get rid of all not on message.

  5. Rick C says:

    Unfortunately, since this is a budget bill, it cannot be filibustered. We will be stuck with it.


  6. Rick C says:

    I see I was wrong. The omnibus spending bill can be filibustered. I am not sure, though, why this is not a budget bill.


  7. […] keep his cloak of invisibility in place? It would seem he cannot, if the revolt of the centrists (democrats, independents and conservatives) is any sign.  But additionally, can a coherent opposition rise up […]