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PoliGAF 2016 |OT| Ask us about our performance with Latinos in Nevada

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E

East Lake

Member
America’s biggest banks present a “nuclear” threat to the US economy and should be broken up, a Federal Reserve policymaker and architect of the 2008 banking bailout said Tuesday.

Neel Kashkari, the head of the Minneapolis Federal Reserve, said the US’s biggest banks were still “too big too fail” and Congress should consider “bold transformational solutions to solve this problem once and for all”.

“I believe the biggest banks are still too big to fail and continue to pose a significant, ongoing risk to our economy,” Kashkari said in his first public speech since becoming a Fed policymaker in January. “A very crude analogy is that of a nuclear reactor. The cost to society of letting a reactor melt down is astronomical. Given that cost, governments will do whatever they can to stabilize the reactor before they lose control.”

Kashkari, who is best known for organising the $700bn government-funded bank bailout in 2008, said “serious consideration” should be given to “breaking up large banks into smaller, less connected, less important entities”. Another solution, he said, was to turn the big banks into public utilities by “forcing them to hold so much capital that they virtually can’t fail”.

He said existing measures under the 2010 Dodd-Frank financial reform law designed to prevent another banking system collapse do not go far enough and warned that “we won’t see the next crisis coming”.

“The financial sector has lobbied hard to preserve its current structure and thrown up endless objections to fundamental change,” said Kashkari, who was previous an executive at Goldman Sachs and former Republican politician. “The time has come to move past parochial interests and solve this problem. The risks of not doing so are just too great.”

Kashkari’s comments, in a speech to the Brookings Institution thinktank in Washington, come as presidential candidates battle over whom has the best solution to prevent another banking crisis, and prevent a repeat of the economic collapse.
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http://www.theguardian.com/business...t-2008-neel-kashkari-us-banks-too-big-to-fail

Fed feelin the bern.
 
I

ivysaur12

Banned
Remember when corporate shill The Onion posted this 4 days ago?

http://www.theonion.com/article/clinton-aide-told-leave-behind-weak-volunteer-who--52354

Clinton Aide Told To Leave Behind Weak Volunteer Who Collapsed During March To South Carolina

EMPORIA, VA—While attempting to help an exhausted, severely dehydrated canvasser to her feet Friday, a top aide to Hillary Clinton was reportedly instructed by the Democratic presidential candidate to discontinue his efforts and leave behind the enfeebled volunteer who had collapsed during the campaign’s march to South Carolina. “There is nothing else to be done for her—take her placards, buttons, and clipboard, and keep moving,” said Clinton, stating that the volunteer, who succumbed to fatigue after marching for 54 straight hours across the treacherous terrain between New Hampshire and South Carolina, would be replaced by another from the ranks. “This campaign has no room for the weak. Carry on.” At press time, Clinton was heard demanding the company double their pace after catching a volunteer break formation.
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F

Fenderputty

Banned
BoboBrazil said:
This guy is a dumbass. The same American people that voted Obama for president over the RNC goon Romney..
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The 2014 wave election gave them a mandate silly. heh.

Regarding Scalia's replacement, an ideological moderate would be a pretty leftward shift overall wouldn't it? I would be fine with Obama nominating someone he think's can get congresses approval while still being someone he likes. It reduces the risk of having a GOP POTUS do the nomination if a disaster happens later this year as well.
 
B

B-Dubs

No Scrubs
Fenderputty said:
The 2010 wave election gave them a mandate silly. heh.

Regarding Scalia's replacement, an ideological moderate would be a pretty leftward shift overall wouldn't it? I would be fine with Obama nominating someone he think's can get congresses approval while still being someone he likes. It reduces the risk of having a GOP POTUS do the nomination if a disaster happens later this year as well.
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Yea, even a centrist pick would be a huge shift in the court's ideological make up. You'd basically have two swing votes at that point.
 
G

Gruco

Banned
Las7 said:
- Sanders is the only candidate that wants all people eligible to be automatically registered to vote and is also proposing election day to be a public holiday.
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Nope

Election Holiday
Automatic Registration

It's not gonna happen, but Hillary has been really strong on this issue for ages.

The fact that people need to defend her with Republican talking points and fear-monger about the dangers of Sanders is very amusing to me.
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Who is defending her using Republican talking points, and what are they?

Like I said Bernie's "unprecedented attacks" are nothing compared to what Trump and other GOP hopefuls will fling at her. You can say that she is prepared after 30 years of attacks but obviously she is not prepared enough considering she lost to Obama and is currently losing her lead to a 74 year old socialist who barely anyone knew 8 months ago, who has practically no support from the party and had no organization in most primary states 2 months ago.
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Eh, attacks from the left and right are fundamentally very different and mean different things to different electorates. Bernie's strategy of running to the extreme left during a primary really isn't that different than what a lot of tea partiers did in 2010 and 2012. They took out a lot of dedicated people in that process who were genuinely running good campaigns, and they hurt their party in the long run.

I'm genuinely really sympathetic to the argument that Hillary needs to up her game, but at the same time I don't think "Getting a lot of primary support -> better general election candidate" is a good way to make that case.
 
N

NeoXChaos

Member
NEW South Carolina polls from CNN/ORC:

GOP:

Trump 38
Cruz 22
Rubio 14
Bush 10
Carson 6
Kasich 4

Democrats:

Clinton 56
Sanders 38

Whites: Clinton 40%, Sanders 54%
Blacks: Clinton 65%, Sanders 28%
 
A

Aaron Strife

Banned
BoboBrazil said:
This guy is a dumbass. The same American people that voted Obama for president over the RNC goon Romney..
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Good thing North Carolina voters elected him.

Same with Alaska, Iowa, Colorado and Kansas. (Add: Wisconsin, Illinois and Pennsylvania per 2010, Nevada and Arizona per 2012) Sure all your new senators are fuck-ups, but at least they don't kill babies!

headbang_by_smashreality-d7kfg0f.gif
 
C

Cerium

Member
NeoXChaos said:
NEW South Carolina polls from CNN/ORC:

GOP:

Trump 38
Cruz 22
Rubio 14
Bush 10
Carson 6
Kasich 4
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I hope Trump keeps shitting on Jeb! even after he drops out.

B-Dubs said:
Yea, even a centrist pick would be a huge shift in the court's ideological make up. You'd basically have two swing votes at that point.
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There is no way no how that Srinivasan is as conservative as Kennedy.

Remember, Srinivasan was a volunteer on Gore's legal team in Bush v Gore.
 
C

cartoon_soldier

Member
NeoXChaos said:
NEW South Carolina polls from CNN/ORC:

GOP:

Trump 38
Cruz 22
Rubio 14
Bush 10
Carson 6
Kasich 4

Democrats:

Clinton 56
Sanders 38

Whites: Clinton 40%, Sanders 54%
Blacks: Clinton 65%, Sanders 28%
Click to expand...

Interesting different in white support between PPP and CNN polls on Dem side.

How was CNN/ORC in NH?
 
N

NYCmetsfan

Banned
Bernie praises former Goldman Sachs banker
CHARLESTON, S.C. — U.S. Sen. Bernie Sanders issued the following statement after Minneapolis Federal Reserve Bank President Neel Kashkari, a former Goldman Sachs banker and manager of the government’s Troubled Asset Relief Program, gave a speech calling for “breaking up large banks into smaller, less connected, less important entities”:
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Still can get a cabinet post though
 
D

Diablos

Member
dabig2 said:
Every time I see people bring up free tuition and universal healthcare as disastrous pie-in-the-sky policies because they're soooooo expensive, an angel loses its wings. Bush tax cuts and war alone will cost us trillions of dollars - things that passed so fucking easily with very few questioning their viability - but investing in the health, education, and well-being of citizens is now seen, even among liberals, as petty idealism and not something we should even pursue or talk about.

The republicans won. Even when they lose, they still win.
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They won the House until at least 2024.
You're thinking too idealistically.
We need a President who can defend Obama's accomplishments and keep the court from shifting to the right. In fact Hillary would make it shift left and just think of all the awful decisions that could be overturned from the past 30 years.

Sanders is promising a revolution with no viable path to get there. Stop mischaracterizing this as people rolling over for the GOP. This is exactly why I grow increasingly concerned about why people support Bernie. You're not being realistic.
 
H

HylianTom

Banned
RustyNails said:
I really need to know how srinivasan will vote on citizens united, obamacare (if more lawsuits bubble up) and Obama's immigration orders. It's too much to risk on someone who media is calling "centrist". Wish we could clone RBG and stack her 8 times on the bench.
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My dream SCOTUS is really 8 liberals + 1 Scalia; he was funny, and his dissents were always great reading.
 
T

The Technomancer

card-carrying scientician
Bernie's attacks only bother me when I worry they risk disaffecting his base from voting for her if she wins the primary. The strategy should be to portray yourself as far and away the first choice, but it shouldn't be to encourage people to see her as an unacceptable alternative.
 
W

WaffleTaco

Wants to outlaw technological innovation.
Aaron Strife said:
Good thing North Carolina voters elected him.

Same with Alaska, Iowa, Colorado and Kansas. (Add: Wisconsin, Illinois and Pennsylvania per 2010, Nevada and Arizona per 2012) Sure all your new senators are fuck-ups, but at least they don't kill babies!

headbang_by_smashreality-d7kfg0f.gif
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Kirk, the IL senator who was elected in 2010 is pro-choice though...he was also pro gay rights
 
T

The Technomancer

card-carrying scientician
Kyosaiga said:
Clinton is going IN on racism. She's saying things Obama wishes he could say.

Goddamn.
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She just said that we face complex intersectional issues that are economic, social, and political. I mean come on, how long have progressives wanted to get a politician on the national stage who would say exactly that?
 
R

RastaMentality

Banned
Kyosaiga said:
Clinton is going IN on racism. She's saying things Obama wishes he could say.

Goddamn.
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From her Twitter:
"We face a complex set of economic, social, and political challenges. They’re intersectional, reinforcing, & we’ve got to take them all on."

"Something’s wrong when black kids get arrested for petty crimes but white CEOs get away with fleecing our entire country."

"These inequities are wrong, but they’re also immoral. ... We have to begin by facing up to the reality of systemic racism."

"These are not only problems of economic inequality. They are problems of racial inequality. We’ve got to say that loudly and clearly."
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N

NYCmetsfan

Banned
NeoXChaos said:
NEW South Carolina polls from CNN/ORC:

GOP:

Trump 38
Cruz 22
Rubio 14
Bush 10
Carson 6
Kasich 4

Democrats:

Clinton 56
Sanders 38

Whites: Clinton 40%, Sanders 54%
Blacks: Clinton 65%, Sanders 28%
Click to expand...
Most interesting thing I think is that in most of these polls Clinton never seems to lose support. Bernie is the one moving.

Clinton's support always seems to be steady with Bernie not being able to pick off many.

Weren't the polls even last year like 60ish to 15 of something?
 
K

kirblar

Member
The Technomancer said:
Bernie's attacks only bother me when I worry they risk disaffecting his base from voting for her if she wins the primary. The strategy should be to portray yourself as far and away the first choice, but it shouldn't be to encourage people to see her as an unacceptable alternative.
Click to expand...
Obama/Clinton was a brutal slugfest, but you weren't seeing the vile stuff directly from the campaign. (Just from its supporters.)
 
A

And_Gignac

Member
NYCmetsfan said:
Most interesting thing I think is that in most of these polls Clinton never seems to lose support. Bernie is the one moving.

Clinton's support always seems to be steady with Bernie not being able to pick off many.

Weren't the polls even last year like 60ish to 15 of something?
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No, she was in the low 70s just in November. She has lost support and Bernie has gained a lot.

RastaMentality said:
From her Twitter:
Click to expand...

Bernie and Clinton talking points are exactly the same at this point.
 
W

Wall

Member
The Technomancer said:
Bernie's attacks only bother me when I worry they risk disaffecting his base from voting for her if she wins the primary. The strategy should be to portray yourself as far and away the first choice, but it shouldn't be to encourage people to see her as an unacceptable alternative.
Click to expand...

If Clinton wins the primary, Sanders will endorse her, just as she endorsed Obama when he won.

Clinton's problems right now are structural; those problems extend far beyond this primary; and they are inherent in the structure of the Democratic party. Foremost, the central problem Clinton and Democrats in general face is that they face the unenviable task of portraying themselves as fighters against powerful forces while simultaneously being financially dependent on those same forces.

That problem would remain in world where Bernie Sanders doesn't even exist.
 
K

Kyosaiga

Banned
The Technomancer said:
Yeah for all that I'm annoyed with Bernie lately there's no way Hillary is this explicit without his influence over the last year.
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Can you imagine when ever there is a national race issue with Clinton in the White House where she just outright not gives a fuck about white people being uncomfortable with her telling the truth?
 
T

The Technomancer

card-carrying scientician
Oh man, her line about "I think its my duty to tell you about what I'm actually going to do" (the way it was worded definitely felt like a Sanders dig) got a lot of applause at this event
 
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