Reddit Reddit reviews Change We Can Believe In: Barack Obama's Plan to Renew America's Promise

We found 6 Reddit comments about Change We Can Believe In: Barack Obama's Plan to Renew America's Promise. Here are the top ones, ranked by their Reddit score.

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Change We Can Believe In: Barack Obama's Plan to Renew America's Promise
Change We Can Believe InBarack Obama's Plan to Renew America's PromiseEnglishFirst EditionPaperback
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6 Reddit comments about Change We Can Believe In: Barack Obama's Plan to Renew America's Promise:

u/MrDNL · 15 pointsr/AskReddit

This is a caricature built to fit a fictional worldview you and the protesters have formulated. They want to blame President Obama for violating the promise he made to those who voted for him -- but they're too afraid to do so, and perhaps rightfully so.

Wall Street trembled when President Obama was elected. The DJIA -- which is not a good indicator of the economy as a whole, but is a great indicator of the health of the banking industry -- tumbled for days after he was elected. Obama, the populist candidate, was not very likely to continue their bailouts. Instead, it was windfall taxes on the horizon. Bad news for banks.

But of course, that didn't happen. It didn't happen because President Obama lacked the courage to do it after pushing through his health care agenda. It didn't happen the GOP-controlled Senate is uncompromising. It didn't happen because the banks threw millions at lobbyists etc. in hopes of preventing it. It didn't happen because many economists thought that the problem was a liquidity crisis, which requires strong banks to fix. It didn't happen for a bundle of reasons.

Republicans are typically in two or three camps. The first one -- Perry/Palin/Bachmann one -- don't really give a rat's ass about the economy. They trot out the belief that the banks aren't the problem, but rather, Federal spending is, but really, they don't care about spending. They'll spend on wars in Iraq and Afghanistan (and if it were GWB in the White House, Libya too); on rounding up immigrants and sticking them on a boat; and on anything else which pushes their social agenda. They'd bail out banks if it were politically prudent -- it just isn't right now. But they want to cut NPR because it's "too expensive." Garbage.

The second one -- the Paul/Johnson camp -- is honestly anti-spending, and wouldn't have bailed out banks, even if it were the right move. The ideology is low taxes, low spending. They aren't in the bank's pocket, but come off as such because their ideology would allow for a rampant, unchecked banking system.

(Who knows where Mitt Romney sits; only the wind, I'd say, knows for sure.)

The problem for the protestors is simple: they want to point the finger at President Obama and the Democratic leadership -- but they can't, because the GOP alternatives are worse. They want to be able to say, hey, President Obama, when we voted for you, when we donated to your campaign, when we were the grassroots amplifiers which got you elected, we did so because you promised us you'd change things. Hope. Change we can believe in. Can we get there? Yes we can. How? He asked us to believe in our ability to bring change, with him as the vessel.

And he failed.

And that's what the protestors want to say. They want to say "Didn't you promise us an end to Iraq and Afghanistan?," for example, but they can't, because they know if they start pushing at Obama, he'll weaken, and they do not want to help Rick Perry become the next inhabitant of the White House. So instead, they find a scapegoat: Wall Street and big corporations.

It's not the banks fault here -- at least, no more than anyone else's. And if anything, at least the banks are being honest in their self-servicing acts -- no one among them claims that they're doing anything more than rent seeking. I do not think you can say that for our politicians.

u/Kelsig · 7 pointsr/badeconomics

That's interesting. I might want to pick up those for entertainment because a lot of previous election proposals have been really hard to find.

Edit: Obama 2008 for example seems to have one. Romney 2012 (although this seems much worse quality -- little snippets from speeches and stuff)

u/hynek · 2 pointsr/books

http://www.amazon.com/dp/0307460452/

Come on, you were asking for it! ;)

u/MrRIP · 1 pointr/Blackfellas

The fuck? Obama released a book two months before the election in 08. Hillary released a book in 2016 two moths before the election. People release books before elections. It’s a thing. You see what I mean about reaching?

Edit: here’s the links to the books. Check the release dates


https://www.amazon.com/dp/0307460452/ref=cm_sw_r_cp_awdb_t1_mnCBCbRMJ0BDC

https://www.amazon.com/dp/1501161733/ref=cm_sw_r_cp_awdb_t1_5oCBCb0V3QJDE

u/jollysoldier · 0 pointsr/Trumpgret