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View Full Version : The WSJ predicts what the Liberal Govt. will bring



101A
10-17-2008, 09:10 AM
A Liberal Supermajority

Get ready for 'change' we haven't seen since 1965, or 1933.


If the current polls hold, Barack Obama will win the White House on November 4 and Democrats will consolidate their Congressional majorities, probably with a filibuster-proof Senate or very close to it. Without the ability to filibuster, the Senate would become like the House, able to pass whatever the majority wants.
Though we doubt most Americans realize it, this would be one of the most profound political and ideological shifts in U.S. history. Liberals would dominate the entire government in a way they haven't since 1965, or 1933. In other words, the election would mark the restoration of the activist government that fell out of public favor in the 1970s. If the U.S. really is entering a period of unchecked left-wing ascendancy, Americans at least ought to understand what they will be getting, especially with the media cheering it all on.


he nearby table shows the major bills that passed the House this year or last before being stopped by the Senate minority. Keep in mind that the most important power of the filibuster is to shape legislation, not merely to block it. The threat of 41 committed Senators can cause the House to modify its desires even before legislation comes to a vote. Without that restraining power, all of the following have very good chances of becoming law in 2009 or 2010.


- Medicare for all. When HillaryCare cratered in 1994, the Democrats concluded they had overreached, so they carved up the old agenda into smaller incremental steps, such as Schip for children. A strongly Democratic Congress is now likely to lay the final flagstones on the path to government-run health insurance from cradle to grave.
Mr. Obama wants to build a public insurance program, modeled after Medicare and open to everyone of any income. According to the Lewin Group, the gold standard of health policy analysis, the Obama plan would shift between 32 million and 52 million from private coverage to the huge new entitlement. Like Medicare or the Canadian system, this would never be repealed.
The commitments would start slow, so as not to cause immediate alarm. But as U.S. health-care spending flowed into the default government options, taxes would have to rise or services would be rationed, or both. Single payer is the inevitable next step, as Mr. Obama has already said is his ultimate ideal.
- The business climate. "We have some harsh decisions to make," Speaker Nancy Pelosi warned recently, speaking about retribution for the financial panic. Look for a replay of the Pecora hearings of the 1930s, with Henry Waxman, John Conyers and Ed Markey sponsoring ritual hangings to further their agenda to control more of the private economy. The financial industry will get an overhaul in any case, but telecom, biotech and drug makers, among many others, can expect to be investigated and face new, more onerous rules. See the "Issues and Legislation" tab on Mr. Waxman's Web site for a not-so-brief target list.
The danger is that Democrats could cause the economic downturn to last longer than it otherwise will by enacting regulatory overkill like Sarbanes-Oxley. Something more punitive is likely as well, for instance a windfall profits tax on oil, and maybe other industries.
- Union supremacy. One program certain to be given right of way is "card check." Unions have been in decline for decades, now claiming only 7.4% of the private-sector work force, so Big Labor wants to trash the secret-ballot elections that have been in place since the 1930s. The "Employee Free Choice Act" would convert workplaces into union shops merely by gathering signatures from a majority of employees, which means organizers could strongarm those who opposed such a petition.
The bill also imposes a compulsory arbitration regime that results in an automatic two-year union "contract" after 130 days of failed negotiation. The point is to force businesses to recognize a union whether the workers support it or not. This would be the biggest pro-union shift in the balance of labor-management power since the Wagner Act of 1935.
- Taxes. Taxes will rise substantially, the only question being how high. Mr. Obama would raise the top income, dividend and capital-gains rates for "the rich," substantially increasing the cost of new investment in the U.S. More radically, he wants to lift or eliminate the cap on income subject to payroll taxes that fund Medicare and Social Security. This would convert what was meant to be a pension insurance program into an overt income redistribution program. It would also impose a probably unrepealable increase in marginal tax rates, and a permanent shift upward in the federal tax share of GDP.
- The green revolution. A tax-and-regulation scheme in the name of climate change is a top left-wing priority. Cap and trade would hand Congress trillions of dollars in new spending from the auction of carbon credits, which it would use to pick winners and losers in the energy business and across the economy. Huge chunks of GDP and millions of jobs would be at the mercy of Congress and a vast new global-warming bureaucracy. Without the GOP votes to help stage a filibuster, Senators from carbon-intensive states would have less ability to temper coastal liberals who answer to the green elites.
- Free speech and voting rights. A liberal supermajority would move quickly to impose procedural advantages that could cement Democratic rule for years to come. One early effort would be national, election-day voter registration. This is a long-time goal of Acorn and others on the "community organizer" left and would make it far easier to stack the voter rolls. The District of Columbia would also get votes in Congress -- Democratic, naturally.
Felons may also get the right to vote nationwide, while the Fairness Doctrine is likely to be reimposed either by Congress or the Obama FCC. A major goal of the supermajority left would be to shut down talk radio and other voices of political opposition.
- Special-interest potpourri. Look for the watering down of No Child Left Behind testing standards, as a favor to the National Education Association. The tort bar's ship would also come in, including limits on arbitration to settle disputes and watering down the 1995 law limiting strike suits. New causes of legal action would be sprinkled throughout most legislation. The anti-antiterror lobby would be rewarded with the end of Guantanamo and military commissions, which probably means trying terrorists in civilian courts. Google and MoveOn.org would get "net neutrality" rules, subjecting the Internet to intrusive regulation for the first time.

It's always possible that events -- such as a recession -- would temper some of these ambitions. Republicans also feared the worst in 1993 when Democrats ran the entire government, but it didn't turn out that way. On the other hand, Bob Dole then had 43 GOP Senators to support a filibuster, and the entire Democratic Party has since moved sharply to the left. Mr. Obama's agenda is far more liberal than Bill Clinton's was in 1992, and the Southern Democrats who killed Al Gore's BTU tax and modified liberal ambitions are long gone.
In both 1933 and 1965, liberal majorities imposed vast expansions of government that have never been repealed, and the current financial panic may give today's left another pretext to return to those heydays of welfare-state liberalism. Americans voting for "change" should know they may get far more than they ever imagined.


http://s.wsj.net/public/resources/images/ED-AI396_Filibu_NS_20081016214818.gif





And no, there is not a named author; but it is food for discussion. A couple of the predictions might be a stretch, but much is probably pretty accurate. The "fairness doctrine" and regulation of the internet are chilling thoughts.

cool hand
10-17-2008, 09:12 AM
when you have control, you have to be a little wise with the controls because you can lose that power very quickly......ask Bill Clinton.

cool hand
10-17-2008, 09:15 AM
"the fairness doctrine" might be a pain in the ass, but I think makes news organizations act a little more responsibly.

101A
10-17-2008, 09:15 AM
when you have control, you have to be a little wise with the controls because you can lose that power very quickly......ask Bill Clinton.

Bill Clinton had a more conservative congress than Obama will. I will have to count on Barrack to be the voice of reason; for a conservative; doesn't exactly help me sleep at night.

JoeChalupa
10-17-2008, 09:15 AM
Already heard about that article. Down goes Obama!!!

JoeChalupa
10-17-2008, 09:16 AM
Bill Clinton had a more conservative congress than Obama will. I will have to count on Barrack to be the voice of reason; for a conservative; doesn't exactly help me sleep at night.

I've had to count ON Bush's voice of reason and I haven't had a good night's sleep in years.

101A
10-17-2008, 09:17 AM
"the fairness doctrine" might be a pain in the ass, but I think makes news organizations that disagree with the current administration's definition of "fairness" act a little more responsibly.

Fixed


And it's not just news; it's ALL broadcasts on a radio station. Which means 3 hours of Rush = 3 hours of liberal talk; which would be great, except liberal talk gets crappy ratings; the stations cannot afford to do it.

JoeChalupa
10-17-2008, 09:18 AM
3 hours of blowhard Rush will never change.

101A
10-17-2008, 09:19 AM
I've had to count ON Bush's voice of reason and I haven't had a good night's sleep in years.


He NEVER had a filibuster proof Senate. Bush only had control of the Senate for 4 of his eight years; and never filibuster proof. NOT the same thing, at all.

101A
10-17-2008, 09:20 AM
3 hours of blowhard Rush will never change.

Why do you think Rush came into existence when he did? The Fairness Doctrine was repealed. If you can't see this, you need to open your eyes.

JoeChalupa
10-17-2008, 09:21 AM
He NEVER had a filibuster proof Senate. Bush only had control of the Senate for 4 of his eight years; and never filibuster proof. NOT the same thing, at all.

And just look at the wonders he created. No thanks.

fyatuk
10-17-2008, 09:21 AM
Personally, I always thought DC and other territories and protectorates of the US should have full voting rights in the House and nothing in the Senate. The pseudo-representation they get now (being able to co-sponsor bills and address the floor, but no votes) is just weird.

And yes, I picked one thing out to talk about. Most of that is alarmist BS with just a hint of truth.

Viva Las Espuelas
10-17-2008, 10:29 AM
shouldn't this be in the Club

boutons_
10-17-2008, 10:40 AM
fairness doctrine, yet another bogus right-wing bogeyman. boo! vote

WSJ is obviously pleased with the results of 30 years of conservatives rotting the USA with their free-market/kill-govt bullshit.

The US financial industry disaster has totally destroyed conservative ideology.

Anti.Hero
10-17-2008, 10:44 AM
fairness doctrine, yet another bogus right-wing bogeyman. boo! vote

WSJ is obviously pleased with the results of 30 years of conservatives rotting the USA with their free-market/kill-govt bullshit.

The US financial industry disaster has totally destroyed conservative ideology.

lmao keep praying for your wet dream to come true little buddy.


How far do you think the people will let your wet dream soldiers take it?

cool hand
10-17-2008, 11:37 AM
lmao keep praying for your wet dream to come true little buddy.


How far do you think the people will let your wet dream soldiers take it?


he is wrong, conservativism is not dead, the republican party is.

boutons_
10-17-2008, 12:14 PM
if conservatism = free-markets and kill-govt, then conservatism is dead.

Aggie Hoopsfan
10-17-2008, 12:25 PM
lmao keep praying for your wet dream to come true little buddy.


How far do you think the people will let your wet dream soldiers take it?

Cut boutons some slack. He's tired of living with his mom and is already camped out waiting for his government handout from Lord Obama.

Viva Las Espuelas
10-17-2008, 12:27 PM
Cut boutons some slack. He's tired of living with his mom and is already camped out waiting for his government handout from Lord Obama.
he's also tired of chicken pot pies

boutons_
10-17-2008, 12:34 PM
handout?

You mean like the $1T+ the Repugs are handing out to the financial industry?

101A
10-17-2008, 12:48 PM
handout?

You mean like the $1T+ the Repugs are handing out to the financial industry?


Yes, that's right. The Republicans drove that bill through Congress with their solid majority. Barney Frank, damned Repug Asshole.

1369
10-17-2008, 12:50 PM
"the fairness doctrine" might be a pain in the ass, but I think makes news organizations act a little more responsibly.

http://www.channel4.com/more4/media/images/documentaries/R/russia/gallery2/stalin_384x350.jpg

Approves

smeagol
10-17-2008, 12:51 PM
handout?

You mean like the $1T+ the Repugs are handing out to the financial industry?

You stupid, stupid man. That handout is for every American. It is there so the financial system, the one Americans have been taking advantage of for decades, does not crumble and drags the World into a depression it has never seen before.

smeagol
10-17-2008, 12:52 PM
- The green revolution. A tax-and-regulation scheme in the name of climate change is a top left-wing priority. Cap and trade would hand Congress trillions of dollars in new spending from the auction of carbon credits, which it would use to pick winners and losers in the energy business and across the economy. Huge chunks of GDP and millions of jobs would be at the mercy of Congress and a vast new global-warming bureaucracy. Without the GOP votes to help stage a filibuster, Senators from carbon-intensive states would have less ability to temper coastal liberals who answer to the green elites.

Why is this a bad thing?

hater
10-17-2008, 12:57 PM
drive thru abortion centers and gay weddings will definitely help the economy recover :tu

Anti.Hero
10-17-2008, 12:58 PM
if conservatism = free-markets and kill-govt, then conservatism is dead.

Yes because it hasn't made USA top dog in the entire known universe or anything over the last few decades.

It hasn't created the most wealth and in return dispensed the most wealth. Nope. Amerika fucking evil free-market capitalists!!

Anti.Hero
10-17-2008, 01:00 PM
Why is this a bad thing?

global warming is just another excuse for government to gain control of people/business.

Wake up people.

ElNono
10-17-2008, 01:01 PM
And no, there is not a named author; but it is food for discussion. A couple of the predictions might be a stretch, but much is probably pretty accurate. The "fairness doctrine" and regulation of the internet are chilling thoughts.

Actually, the internet regulation being petitioned for is one I support. 'Net Neutrality' is exactly what has made the Internet what it is. If all of a sudden, phone/cable companies start asking Kori to pay up or be put on the really-slow-lane, then we start again with the elitism and the different rules depending on how much money you have.

RandomGuy
10-17-2008, 01:02 PM
We'll see.

Somehow I doubt it will be quite as dramatic as a lot of hand-wringers on the right always expect.

After a decade or three of the right-wing agenda driving American politics, and that not really working out so well for the average American, I guess we will get to see how the left handles things.

boutons_
10-17-2008, 01:07 PM
"That handout is for every American"

You're the dumbfuck for believing, still, in trickle down, for believing the Repug lying press releases.

The banks are now saying they will use the Repug welfare handouts to fill their black holes, NOT to increase their lending, and free up the credit market.

spurster
10-17-2008, 01:19 PM
The article forgot to mention that we'll all be forced into gay marriages and have yearly abortions.

Anti.Hero
10-17-2008, 01:20 PM
"That handout is for every American"

You're the dumbfuck for believing, still, in trickle down, for believing the Repug lying press releases.

The banks are now saying they will use the Repug welfare handouts to fill their black holes, NOT to increase their lending, and free up the credit market.

The European banks did the same thing before the USA bail out was even voted for.

LOL @ this country not even forcing Paulsen to step down for having a conflict of interest. This shit is truly amazing.

And LOL almost as much for this partisan hack calling it a repug welfare handout when Bush + Dem majority were waiting on the Rep Minority to say yes.

101A
10-17-2008, 01:25 PM
"That handout is for every American"

You're the dumbfuck for believing, still, in trickle down, for believing the Repug lying press releases.

The banks are now saying they will use the Repug welfare handouts to fill their black holes, NOT to increase their lending, and free up the credit market.

Yeah, Trickle Down Economics doesn't work.

Let's try Trickle Up Poverty.

1369
10-17-2008, 01:36 PM
"That handout is for every American"

You're the dumbfuck for believing, still, in trickle down, for believing the Repug lying press releases.

The banks are now saying they will use the Repug welfare handouts to fill their black holes, NOT to increase their lending, and free up the credit market.

You mean the "handout" that was championed by Pelosi and defeated in the House and then the Senate version sponsored by Partick Kennedy that balooned to 2232 earmarks and was then passed?

That "handout"?

ChumpDumper
10-17-2008, 03:26 PM
We're all going to die.

boutons_
10-17-2008, 04:02 PM
Like Iraq, Paulsen's bail out was a Repug idea, and it's working about just as well as Iraq has.

Fuck the Dems for going along, but Iraq and bail out are primarily Repug fiascos.

The anti-bail out Repugs went along, too, as soon as they were bought off with enough pork.