Dear Prez and Dems: Wall Street wants your panties in a twist

I don’t know if anybody besides Wall Street Watchers have noticed that the Stock Market dropped for three days in a row and that “marked its worst single-session percentage drop in more than two months. ”  Well, maybe that’s not precisely true.  President Obama and the Congressional Democrats have probably noticed.   Whether they will quiver and moan or foam at the mouth is anybody’s guess.  Judging from their past behavior and the fear they exhibit upon viewing their own shadows,  they may fold again and beg forgiveness from the All Powerful.

(No, not the Deity.  Wall Street.)

I’d like to address all the Democrats for a moment:

You knew this was coming.  And if you didn’t, you aren’t the brightest bulbs on the porch.  Wall Streeters are attempting blackmail.  They want your panties in a twist, they want to see you shivering in your penny loafers because A) they’ve paid you good money, which implies they own you; B) if they made you–and they think they did–they can break you;  C) they’ve convinced you that the market runs the entire economy.

Do not pay attention to the Little Men Behind The Curtain. Go ahead and resurrect the Glass-Steagall Act, or bring to life something even better.   Yes, Republicans and Blue Dogs will call you  Frankenstein and your baby a monster, but you know better.   Really, you do.  You can’t allow Wall Street to hold you hostage to its evil plan; you can’t let Wall Street keep making the same mistakes that plunged our economy into ruin.  And you most certainly won’t win any more votes from Main Street by doing the Little Men any more favors.

Do yourselves a favor,  do us all a favor:  find the people who played with derivatives and default credit  swaps and what all else, take away their toys for good.  Then prosecute the bastards who broke the law, who defrauded plain ol’ Americans and pounded them into the ground with rubber mallets labeled “Death. by Debt.”  Remember The Guy In Orange?   Remember the folks who own and run World Savings?  Or who used to be Countrywide?  Yup,  them,  their buddies,  and the horses they rode in on.  Take wooden stakes, preferably some with nasty thorns, to the blood suckers.

But don’t let Wall Street scare you.  The Streeters may have more money, but we have more votes.

P.S.  Please do not assume that the economy is the only reason Scott Brown got elected.  There are way too many groups here under the bus for the voters’ wrath to be all about that.

Re: Universal Health Care. My questions for Senator Sherrod Brown

(AmericaBlog took questions from readers today, which will be transported to Senator Sherrod Brown for review.  With any luck he’ll answer a few good ones.  I hope he doesn’t mind a little familiarity.  I used his first name because I hadn’t heard of him. Well, it’s actually more interesting than his surname. 🙂 )

Greetings, Senator Sherrod.

I would like to know how a person who qualifies for and uses an indigent health care plan can afford to get well. For instance, let us say that a person with a chronic illness might be able to work with the right drug cocktail. Since,according to law, drug companies must provide patient assistance for those poor enough to qualify, imagine that this person has improved using an indigent health care program. He has become more functional so he would like to contribute to society.

Bravo.

Unfortunately, he faces a few hurdles. For one, being out of work for a long time, as often happens with the disabled or chronically ill, doesn’t look so nifty on a CV, and while it’s difficult for a healthy person to find work nowadays what with the unemployment rate being so high, a disabled person will have that strike of a lengthy unemployment against him.

Let’s give him a little luck here. Let’s say this person obtains a fairly good job: his wages begin at entry level, yet once his health insurance kicks in, he must pay the going rate for medications and insurance coverage. Unless he’s taking generic medications, and even then, the cost of his medication is prohibitive.

He then realizes he’s experiencing the ultimate health care Catch-22: if he keeps working for as little money as he makes, he won’t be able to pay the co-pays for doctor visits or buy his medication; without medication, he will become too sick to work; and his health will suffer because he won’t be able to see his physician. He might even develop a life-threatening condition in the meantime.

How do you propose to help people such as this man afford their health care? I’m sure you’re aware of insurance companies’ tactics. If they have to take a customer with a pre-existing condition or a serious illness that arises while the customer is covered, those companies will make sure he pays a much higher rate than anyone else.  If it comes to pass that this man cannot be denied health insurance because of his chronic illness, who will make sure his premiums are truly affordable? (I don’t buy into the competition scheme because I think insurance companies could pull an Enron or develop secret cartels like OPEC. ) Who will decide what is “affordable”–even with a public option? Will demographics, such as cost of living, be taken into account? Will a person’s debt be factored into the mix? Will a person living in San Francisco pay the same rate as someone in, say, Mississippi?

And *why not* single payer? I mean, we already have single payer: Medicare. It’s easier and it works.  Or we could have a combination: single payer with an option to go with private insurance like people do in the UK. (By the way, most Brits *like* their health care system.)

Frankly, I do not trust the insurance companies to initiate or complete true reform. I think we’re witnessing the same song and dance they’ve fed us like pablum us since Franklin Roosevelt and Harry Truman (http://cthealth.server101.com/why_doesn%27t.htm). We did the same thing with the auto industry–trusted the Big Three to change and allowed them to dictate terms–and look where they are now. We need to stop bending over backwards for these companies. They don’t deserve it.

I realize that our nation’s leaders are chary of single payer in part because so many people in the insurance industry would lose their jobs and that wouldn’t help the economy. But why not retrain them and/or give them jobs doing mostly the same thing in the public sector? Why is Congress so short on answers and ideas? Why not look at the countries with the best health care and try those on for size? We’re number 37 in health care, for goodness sake! Behind third world countries! We’re behind Colombia! Can you believe it?!

As I see it, our nation’s leaders would rather pay for wars, help the Wall Street gangsters (who then made out like bandits), and protect their own campaign dollars. What does that say about us as a nation that we put up with such morally reprehensible derangement? What does it say about the Legislative and Executive branches of our government that politics is almost always more important than our own people?

Thank you for reading, Senator. If you’ve gotten this far you’ve got quite an attention span. 🙂

My letter to “Organizing America” the former Obama campaign site

(Written while unsubscribing, as a protest.)

I am not a Democrat.

I was a Democrat for a little over 30 years–until Diane Feinstein started acting and voting like a Republican. I told her I would never vote for her again and I won’t.  My point? Barack the president seems to have forgotten the promises he made as Barack the candidate. I have never seen such timid leadership in my life. No, wait:  the Democrats have behaved in such a manner all the way through the Bush administration. They kowtowed to the Republicans (who played serious hardball) while there was a big, wistful to-do in the MSM over “bipartisanship” that never happened because the Republicans were nasty and excluded the Democrats from almost every opportunity to make a difference. Perhaps the Democrats and Barack the president believe they should take the alleged high road and refuse to behave as the Republicans did.

With all solemnity, I adjure you… Now is not the time to abandon progressive ideals because a minority of crazy, hard right, radical Republicans–who don’t have much of a party left, mind you–are playing up the rhetoric and the lies and inflaming the wingnut populace against the president’s erstwhile agenda, inciting the crazies to riot and possibly to assassination.

Elegance and grace will not give us single payer and/or a public option or even decent health care. Besides, it would appear Barack the president and the rest of the Democrats have given up on both. If events unfold as I see they might, the insurance companies will realize even more profits if health insurance is mandated. How middle class and lower class Americans will pay, I don’t know. Tax deductions will not help. They are actually rather worthless. Americans need real help, upfront.

I cannot tell you how sickened I am with the current state of affairs. Single payer (with an option to retain private health insurance as is possible in the UK) is the right thing to do. Allowing Blue Dogs to mark this territory and bark orders to the rest of us is absolutely the wrong thing to do, and slightly insane into the bargain. While Teddy Kennedy was alive, you had a majority and you could have passed a good bill that contained both. Now all you have is mush.

What we Americans needed was an FDR on the economy and an LBJ on civil rights and health care. This administration hasn’t come close to giving us either one. What I see is a money-grubbing party that’s still beholden to big business, a party without backbone.  It’s appalling, truly.

And it’s not just health care. Barack the candidate was worrisome when he voted on FISA. But Barack the president has abandoned all principle on warrantless wiretapping as well as in legal cases concerning Guantanamo detainees, doing precisely what the Bush administration did before him, or worse. Barack the president did not seek to repeal the Defense of Marriage Act or Don’t Ask Don’t Tell. He has left it to Congress, whose members will do nothing, ever. Barack the president has set up another Guantanamo in Bagram, and created an environment where anything will go by alleging that because Bagram is not on American soil (WTF?! It’s a US air base! Does that mean McCain isn’t really a US citizen? Hmph.), people detained there will have no right to habeas corpus let alone any Constitutional right to due process within the US legal system.  Barack the president still allows extraordinary rendition.  Barack the president has allowed the same people who destroyed the economy (think Wall Street investment bankers, Goldman Sachs, the New York Reserve, and the Fed) to retain control over the economy. Nothing has changed in that respect. Barack the president doesn’t want to do anything about the Bush administration higher-ups who approved torture and created an ethos where it could thrive and become even more twisted than Gen. Miller and John Yoo originally planned. Barack the candidate wanted to remove us from theaters of war while Barack the president is digging in in Afghanistan.

Barbara Boxer might give me hope, but it’s not yet clear she won’t do what she’s told by the White House, by the so-called Democratic leadership, or by the insurance and drug companies. But Barack the president and the rest of his administration? No, I have no hope at all.

I’m writing in the hortatory subjunctive now:  Look to your principles once more, recall the promises you made and work to fulfill them. Think of the people who voted for you, Barack & Company. Think about why they voted for you. It wasn’t simply your “soaring rhetoric,” you made promises that voters wanted kept. I urge you to reconsider your path, which thus far is filled with so many broken promises (after only nine months!). Remember that we who voted you and other Democrats into office can just as easily vote you out of office. Or, as in my case, simply not vote at all. There is no one worth voting for anymore.

Ignore me at your political peril. You will fail otherwise. A pity, but it’s true.

Sincerely yours–