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COHEN: It’s what I talked to Real News Network about many, many months ago, which is swing voters expected change, and when they didn’t get change, significant change from Obama, they looked somewhere else for change. And Feingold is a many-term senator, and he got punished because of Obama’s unpopularity in Wisconsin. Let’s face it: you know, we have a horrible economy, and what the people wanted was jobs, and instead of being bold on jobs, the White House gave us a weak stimulus. The country, people are losing their homes, and instead of a freeze on foreclosures for middle-class homeowners, Obama bailed out the banks, which didn’t loan the money to middle-class people anyhow. He dithered. You can’t dither when there’s a recession or a depression going on. If you’re in the White House and you do halfway measures and corporatized health-care reform, you don’t do anything on jobs, you do almost nothing about foreclosures, the independent voters who came to you in November 2008 are going to go somewhere else, even if it’s behind charlatans from the Tea Party.
via Jeff Cohen: Major Corporate Money was Behind Dems as Well | CommonDreams.org.
Filed under: election, Election 2010, elections
If you want to stimulate the economy, give the money to the people who spend it. . . .US. We put the money in, we are entitled to see it come back to us. $200K per household throughout the country would have been CHEAPER then throwing good money after bad into these banks. OUR money would have been spent paying off the mortgages, purchasing updated vehicles, re-investing in our savings and retirment plans, hence putting the money back into the very markets that stole it from us to begin with, except we would see the reward from it, not them.