“In the time of Joseph McCarthyism, celebrated in the Pogo strip by a character named Simple J. Malarkey, I attempted to explain each individual is wholly involved in the democratic process, work at it or no. The results of the process fall on the head of the public and he who is recalcitrant or procrastinates in
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“In the time of Joseph McCarthyism, celebrated in the Pogo strip by a character named Simple J. Malarkey, I attempted to explain each individual is wholly involved in the democratic process, work at it or no. The results of the process fall on the head of the public and he who is recalcitrant or procrastinates in raising his voice can blame no one but himself.”[i]
Walt Kelly, Pogo Papers, 1952
Healthcare reform was inevitable because the necessity for change was greater than the fear of change. The insurance industry has simply jerked too many Americans around too many times and done nothing about the cries for relief other than raise rates and lower coverage.
In the March 11 report I wrote, “Obama is smart enough to come out of the healthcare reform debate with a win. He has to. His entire agenda is at stake. He will make whatever sacrifices are necessary to declare a victory.” Well, he gave up the public option and agreed to a pro-life presidential decree. He won.
I also wrote in March that by the time the May primaries roll around in North Carolina, the healthcare debate will be old news. “Obama will be directing his energies to the other problematic issues for Democrats by then: the economy, jobs, and big government spending. There will be an uptick in the job approval numbers for the President and the Congress, and most incumbents will win their primaries.”
I’m sticking with that forecast, and adding this one: Financial regulatory reform is inevitable because the need is greater than the fear of change. The banking industry and Wall Street investment houses have simply jerked too many Americans around too many times and done nothing about the cries for relief other than raise fees and lower services.
If Republicans stand with Wall Street in the upcoming financial reform debate, they will wind up on the losing end of that legislation as well.
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“Basnight often gives campaign money to the state Democratic Party, which can give unlimited amounts to legislative candidates.” AP, March 18, 2010 1 Last Thursday night, former Democratic Gov. Jim Hunt hosted a fundraiser for Democratic Senate President Pro Tem Marc Basnight at the State Fairgrounds in Raleigh. According to the Associated Press, 300 to 400 people
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“Basnight often gives campaign money to the state Democratic Party, which can give unlimited amounts to legislative candidates.” AP, March 18, 2010 1
Last Thursday night, former Democratic Gov. Jim Hunt hosted a fundraiser for Democratic Senate President Pro Tem Marc Basnight at the State Fairgrounds in Raleigh. According to the Associated Press, 300 to 400 people paying $100-$4000 were expected to show up in order that the good senator from Dare County would have the war chest needed to continue the 114-year winning streak of the Senate Democratic caucus.
Money flows to those with power. Those with power use the money to keep their power. Those with money use those with power to keep their money. Many of those in attendance at the fairgrounds represented large corporations who claim to be champions of the free market system of economy; a system whereby private interests compete for profit with little governmental intervention. Truth be known, many of those large corporations … like Blue Cross Blue Shield of North Carolina … use government intervention to gain a competitive advantage over their competition; a role government leaders like former Sen. Tony Rand are happy to play … provided you pay … at events like the fundraiser last Thursday night.
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“There’s no real financial infrastructure under the [state] Republican Party, and I reckon building one will take a long time,” he said. And doing so will be “sort of like straightening out a train wreck.” — Carter Wrenn, NC Republican Consultant This is a very fragile time for North Carolina House Democrats and Republicans. They all
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“There’s no real financial infrastructure under the [state] Republican Party, and I reckon building one will take a long time,” he said. And doing so will be “sort of like straightening out a train wreck.” — Carter Wrenn, NC Republican Consultant
This is a very fragile time for North Carolina House Democrats and Republicans. They all know that to some extent their political fortunes this year are tied to the results of President Obama’s reform agenda, beginning with healthcare legislation. If he prevails, the value of his stock as a reform leader will rebound and the tarnished image of the Democratic Party will be polished up a bit. If he fails, all bets are off. Republicans will have a huge surge in momentum which will yield more investors making larger investments, an event that would be devastating for Democrats who have always been able to count on a financial advantage to win the close races.
I am persuaded that Obama is smart enough to come out of the healthcare reform debate with a win. He has to. His entire agenda is at stake. He will make whatever sacrifices are necessary to declare a victory, “… a victory for the uninsured and the underinsured who can’t afford care.”
The greater likelihood is that by the time the May primaries roll around, the healthcare debate will be old news. Obama will be directing his energies to the other problematic issues for Democrats by then: the economy, jobs, and big government spending. There will be an uptick in the job approval numbers for the President and the Congress, and most incumbents will win their primaries. There have only been two states with primaries thus far: Illinois and Texas. All incumbent members of congress seeking reelection won their races.
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