Update from GregT from the comments:
The Democratic Party has been the victim of a corporate takeover. It happened gradually at first, then completely in 2008. Instead of taking the direction wanted and needed by the public, the top-down infiltration of the party reached its climax in the spring of 2008 and steered clear of a corrective course. Barack Obama was a candidate not ready for prime time. No experience, no real knowledge of policy issues and no real interest in governing. But he was the quintessential yes man and Wall Street knew he would go easy on them. So the Street identified him as their preferred candidate . They used their money and their expertise in marketing to sell him to the voters. They probably got crossover help from the GOP that cycle. The Street knew Obama had potential as a ” pitch guy ” and so they played that up. Hillary Clinton was in the way, so she was vanquished to make room for the Great Savior. And even then,despite all that was done for him, he needed help to win the D primary and he needed the fall of Lehman to secure the presidency.
Those who voted for him in 08 have been used. Rather than admit it, too many have continued to support him long past the expiration date. The debate just proved it. He brought a knife to a gunfight because a knife is all he has. He wouldn’t be in his current job if he knew how to wield a gun.
That’s what happened.
And here is Quixote’s take from a different thread:
Dump your best candidate: get someone second rate. Deal with downstream consequences forever.
It reminds me of Krugman’s point that the reason the USA keeps veering away from single payer health care, starting in the late 1940s, is that there are too many white people who can’t stand the thought of black people getting some benefit from the program. Racism is the reason the country has this health care boat anchor around its economy, dragging the whole country down.
Well, in 2008 we had one more instance of too many people who couldn’t stand the thought of listening to a woman. The fact that she was the best person for the job didn’t enter into it. Sexism has always been a supertanker boat anchor dragging the country down, but 2008 was a critical time to go and necklace ourselves with it.
No, she is not referencing Talking Heads.
She’s asking how it could be that in 2008 we were desperate to elect a Democrat to roll back the conservative excesses of the Bush years and what we ended up with is a plan endorsed by BOTH candidates to screw anyone under the age of 60 out of their PRE-PAID Social Security and Medicare funds. I think we can see from Wednesday night’s debate why it is that Obama has been so ineffective as president. Maybe what we saw is the way he always is in negotiations with his opposition. Scary thought, eh? Now, he is a national joke after Wednesday’s performance. Oh, he’ll look better next time but we can’t unsee what we’ve seen. If he’s like this with the insurance industry, and Wall Street and the Tea Party conservatives, we are all well and truly fucked.
Basically, in 2008 we had a choice between rehab and co-dependency when it came to the financiers, who knew the crash was coming. And the financiers chose the enabler and funded him. It wouldn’t have worked except there is a peculiar tendency of Americans that the financiers and Obama’s campaign milked for all it was worth. It worked.
How did they do it? Here is the video that shows a big reason why we’re here. Don’t misread this video. It’s not a celebration or glorification of anyone. It is a condemnation of the way Americans, and specifically a certain segment of Democrats, took leave of their senses and brought us to this point. This kind of treatment went beyond anything Al Gore or John Kerry ever faced and should never happen to any candidate ever again.:
The choice was between the person who kept on going after the media and opposition told her to ditch all of her help and quit vs the guy who had a LOT of assistance from the media, the party and Wall Street and who was lifted and carried across the finish line.
We underestimated one candidate and overestimated the other. And That, ladies and gentlemen, is why we are here.