[quote=Allan from Fallbrook]
CAR: Except that a vote for Obama does nothing to change the status quo ante. You’ll recall that in 2008, Obama received the lion’s share of Wall Street donations (more than any presidential candidate in history, if I recall correctly) and since his election has done virtually nothing to hold those responsible for the financial meltdown accountable, let alone bring them to justice. If anything, things are largely the way they were before, in spite of Frank-Dodd and all of the promises to “clean up Wall Street”.
While Romney was not my cup of tea, he certainly wasn’t the mustache twirling plutocratic villain the Obama campaign made him out to be. If anything, the GOP and the Dems are aligned closely, fiscally-speaking. Yeah, there are differences on social issues, but when it comes to major policies on defense, spending, entitlements, etc, they’re more alike than different.
Wall Street is still pulling their shit, subprime is back (you didn’t think those inflated auto sales had anything to do with well qualified buyers, did you?) and it seems like everyone in power is hoping that the great mass of Americans will simply forget and move on, rather than demand action.
I don’t think this election represented some massive electoral movement from the populace, nor was it a collective call to action. People either don’t give a shit, are too ignorant to give a shit, or are simply looking to get over on Mommy Gubment and keep the gravy train rolling.[/quote]
Done nothing to change the status quo is an exaggeration. (or reverse exaggeration?) I haven’t checked lately, but I’m pretty sure wall street did a complete turn around on who they liked better this election. He hasn’t been near as tough on wall street as many hoped he would be. He’s been pretty much exactly who I thought he was in that regard, even though I had also hoped for more.
Dodd Frank, as minimal as it is, is something Wall Street doesn’t like. Those fuckers will whine about anything. I have little expectations of any improvement. But DF won’t be repealed, which is something Romney wanted.
