Yale Daily News

Updated: Saturday, November 21, 2009 7:35 p.m.

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Baran: Pandering Democrats, beware

Progressive Futures
Published Friday, October 3, 2008

I count myself as a fiercely partisan supporter of Sen. Barack Obama, and I am working hard this fall to make sure he and other Democrats are elected up and down the ballot. Yet his behavior in this past week has been very troubling. He, along with Sen. McCain, became national cheerleaders for the Paulson bailout plan, which may well be passed in the House of Representatives today. Rather than allowing for a major public debate on the best way to move forward in this genuine crisis, Sen. Obama opted to use his bully pulpit to scold Democrats who did not want to line up hehind a $700...

#1 By Yale 2011 6:03a.m. on October 3, 2008

Why are you voting for Obama? The third party exists.

#2 By Yale Grad Student 9:05a.m. on October 3, 2008

I'm glad to see the "progressives" outing their positions, which are so close to the tenets of the Communist Manifesto. It's just a shame that most Americans are too ignorant to see that the base of the Democratic Party and Barack Obama are closet Communists.

Barack is going to win because of the "economy" . . . meaning that Americans have truly learned that the Democratic Party is the party of "Bread & Circuses" for a large portion of the population. The People will continue to vote for more programs that dole out "benefits" in exchange for the Democrats closing down on personal and economic freedom.

If a Democrat says that we're really free, go to a township planning meeting and try to get approval to dispose of your own land the way you'd like to. Our government taxes our land, our income, tells us how many gallons we may flush with, and how we must develop our own land IF we receive permission to do so.

#3 By Sad Cubs Fan 9:59a.m. on October 3, 2008

I'm with Mr. 2011, let's vote for Nader

#4 By Yale alumna 2008 10:18a.m. on October 3, 2008

Obama's actions in the past two weeks have been troubling. We must elect Obama to the white house and strong majorities in the house and senate, but we also have to get ready to organize and push the democrats to fulfill the promises they have made. They aren't going to show any backbone unless we build strong social movements to hold them accountable.

#5 By Eli 11:20a.m. on October 3, 2008

Enough of the FDR worship!

One can oppose the bailout, by the way, and still favor the Fed using open-market operations to prevent a decline in the money stock and thereby to support the volume of bank credit. It was the steep decline in M2 [in a banking system made artificially fragile by government intervention] in 1929-33 that, as Friedman and Schwartz explained, helped turn the recession of 1929 into the opening phase of the Great Depression. It was not the decline in the number of banks. Socializing and losses and perpetuating bad investments by propping up insolvent institutions – the foolish mission of the Hoover-FDR Reconstruction Finance Corporation – did not help recovery. Almost certainly it hindered it.

By the way, too much credit in the 1920s was a chief cause of the intitial downturn: it sowed the seeds for it by distorting interest rates and thereby fostering the malinvestments that came to grief.

#6 By student 11:33a.m. on October 3, 2008

I agree. After Obama's absurd actions on the bailout plan, I'm now voting 3rd party. I have a very limited income and had been giving Obama hundreds of dollars. Now I'm giving thousands to the 3rd party.

Obama, recall your position on the bailout now or you're going to lose a lot more votes! The bailout should be paid for by the rich -- not by average Americans who can't even afford to heat their homes, pay for education or provide health coverage for their families.

#7 By Alum 1:05p.m. on October 3, 2008

Very strong column, and I couldn't agree more. One sentence in particular captures what is going on at the moment: "Mainstream Democrats respond like lightning when Wall Street comes knocking, but sit on their hands for months as homeowners around the country have cried out for relief."

And "Yale grad student"... seriously? Is that the best taunt you have? That this reads like the Communist Manifesto? Have you ever even read a page of that? If you have, I'm not sure how you think what you're saying makes sense, so I'm just going to assume you're spewing discredited conservative talking points.

#8 By Eli 2008 1:34p.m. on October 3, 2008

Vote Ron Paul!

#9 By Please make it stop... 3:12p.m. on October 3, 2008

What do you people think voting third party is going to accomplish? Remember 2000? It didn't help anyone then, and it won't help anyone now. Don't squander your votes. Use them pragmatically.

#10 By Please... 2:18p.m. on October 4, 2008

There is no benefit to any one vote- no election will ever be decided by one vote.

So vote third party- your vote actually registers then,

#11 By George P. 9:39a.m. on October 5, 2008

Didn't you see "Swing Vote?"

#12 By George P. 10:14p.m. on October 5, 2008

Good God yale is such a liberal place.

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