Now this is an OBAMA appointment that richly deserves to fail. Dems should not kiss Obamas butt when he plays corporatist stooge and reject this POS pick….

Sounds like Lew will be Geithner Redux, plus a bit more antagonism toward the social safety nets.

Damn, what a clusterfuck this prez is brining us, subjecting us to.

Wow, a completely unapologetic banker who’ll play hard for corporate America’s interests. One more nail in all your coffins.

Geithner on steroids more like. You’re going to get the full program in the second term, not the pussyfooting version Timmeh handed out.

Gov is now run for corps and banks… That is who they see as their constituency.

Citigroup honcho
$2.65 million “earnings”
Bonuses
Recommended by Robert Rubin
Investments in Cayman Island venture capital fund
Trashed Glass-Steagall
Strong advocate for Corporate Amerika

The resume that makes Obombya spurt in his pants.

It would be nice if Obama appointed some ordinary people who had common sense instead of bloated millionaires who can’t relate to regular people in any way. A pox on all of them.

“Lew made it clear he supported additional cuts in government spending and would be a strong advocate for Corporate America within the executive branch on tax and trade policy.”

Oh great, like there aren’t enough corporate dicks swaggering around this administration.

I’d come up with a strategy to opt our and just let these f–kers crush our democracy. But I haven’t been able to come up with one. They gotcha, and Obummer is leading the orchestra.

Lew claimed Glass-Steagall was “anachronistic” and that the Dodd-Frank legislation had successfully dealt with the Too Big To Fail issue.

And Sessions asserted that Lew is a liar.

It’s clear to me that either Sessions is right… or Lew is clueless.

The main “fix” provided by Dodd/Frank is that Too Big To Fail can now be properly called Too Big To Jail.

Can’t wait for 2016! Unfortunately, I don’t see another Grover Cleveland headed our way. :(

Just another installment from the Rubin Mafia.

In the SOTU, who else caught the call-out for the PTT? And, taking it further with an Atlantic Trade Pact. Will Lew be the point person on these, too?

The Crime Syndicate needs to be indicted. But in fairness to them, I think they actually believe the BS they try to feed us. They really do think their theft of our wealth is “earned” and “for the greater good” while conveniently forgetting that they re-wrote the rules that led to their enrichment.

PTT = TPP… transpacific partnership?

I didn’t watch closely. No need to listen to him explain the need for the “disposition matrix,” while ignoring the “collateral damage.”

Finally an advocate for Corporate America. No longer will they be unheard in Washington D.C.

Yeah, thanks for the correction.

“The hearing was mostly deferential with Lew finding considerable agreement with the Republicans on the committee, particularly on trade and corporate tax policy, but Lew did face questions over his bonuses at Citigroup and tax shelters in the Cayman Islands.”

Of course Lew found agreement with Republicans. He and his boss are Republicans. The Karl Rove branch of the Republican Party – formerly known as the Party of Lincoln – may have outlived its usefulness, but not because its agenda is superannuated. To the contrary, it has found a more effective advocate.

The questions are for our consumption, the rump of the Party of Jefferson, Jackson and Roosevelt, the party which was suspicious of banking power for over two centuries. There is no chance the old Republican Party – or the new one – will do anything about bonuses at banks which are substantively bankrupt but propped up by the government. Offshore tax shelters are necessary to ensure that any tax dollars used to do the propping do not come from the benficiaries.

I’m gonna go with Sessions take. This guy is a bum.

Tim, Obama is the bum. Always has been, always will be.

BTW, I keep getting misdirected when clicking to read more, the title, or the comments. Once I’ve tried several times I get in.

How can this be corrected?

Obama is “a” bum, not “the” bum. There is no one bum.

Thanks to the Democratic Leadership Council, the entire Party has gone neoliberal, which is, as far as I am concened, another way of saying “Republican.”

I did not watch all of the hearings. I did hear him boast that he was anti-protectionism and advocating for free trade since the 1970s. I also listened to him slip and slide a lot, including when asked if Glass Steagall should be reinstated.

I don’t think awareness needs to be raised.

We have Dembots and Obamabots who will either never be convinced or are convinced but won’t admit it. And then we have LOTE voters and people who have begun voting left of the center right Democratic Party. Neither of those groups needs to be convinced.

What we could use is some thought on what, if anything, we can do to improve our lot, given that voting Democratic has not done that in quite a while.

P.S. For the most part, the hearings seemed like Democrats fawning on him and Republicans doing whatever hatchet job they could, given their love of money and wealthy folk.

It’s clear that priorities in Washington D.C. are looking out for number one, which includes looking out for one’s career, for corporate interests and for one’s own Party. Looking out for the public in any sincere fashion is not on the radar screen.

Yet, a lot of boiling frogs voted Obama Biden in 2012 and will continue to vote Democratic forever.

Obama said that the definition of insanity is doing the same thing and expecting a different result. That was a misquote of the meme. It’s only ONE definition of insanity, of course. But, still, it is one definition of insanity.

It’s been 21 years since America elected its first DLC/Third Way/Triangulation/New Democrat/No Labels President.

How long will America keep electing DLC/Third Way/Triangulation/New Democrat/No Labels Democrats and expecting a different result? Or how long will America keep electing DLC/Third Way/Triangulation/New Democrat/No Labels Democrats and then complaining pointlessly when it gets the same result?

NAFTA, welfare cuts, repeal of Glass Steagall, the Cat Food Commission, escalation of the WOT.

What is it going to take before people stop voting for Republicans claiming to be Democrats for fear that a Republican who admits up front that he or she is a Republican might win?

And what incentive does voting for a Trojan horse give any politician to step out and really distinguish himself or herself from Republicans?