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You are here: Home / Politics / Proud to Be A Democrat / Not a Shadow

Not a Shadow

by $8 blue check mistermix|  December 13, 201911:52 am| 62 Comments

This post is in: Proud to Be A Democrat

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Sharon Van Etten has a song where she’s describing someone as a shadow:

You ain’t nothing, you never won.

You ain’t nothing, you never done nothing, no.

Whatever the political consequences of today’s vote in the Judiciary Committee, and no matter how much fucking noise the Republicans make, don’t forget that Democrats were elected to do something and they did it. You don’t get points for being a shadow.

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62Comments

  1. 1.

    Baud

    December 13, 2019 at 11:56 am

    Thank you.  Seconded.

  2. 2.

    Quinerly

    December 13, 2019 at 12:00 pm

    Great post. Thank you.

  3. 3.

    Eljai

    December 13, 2019 at 12:09 pm

    I’ll send a thank you to my congressman today.

    I try to stay positive, and focus on getting more Democrats elected. But geez the press coverage has been dismal. Between NPR and cable and certain newspaper political reporters, they spend way too much time trying to game what’s going to happen, and repeating false Republican narratives instead of discussing Trump’s rampant and obvious corruption which brought us to this point.

  4. 4.

    JPL

    December 13, 2019 at 12:13 pm

    Thanks,

  5. 5.

    Azelie

    December 13, 2019 at 12:13 pm

    I’ve been reflecting on the way that Republicans who we know know better are going along with this. I’m pretty convinced that if a Democratic president were engage in a pattern of corruption and abuse of office (in the unlikely situation where the Democrats would elect someone like that in the first place), there would be enough Democrats who would vote to impeach and remove. They would do their jobs. I don’t think it’s partisan blinders leading me to believe this. That the Republicans can look at what Trump has done and defend it shows that all their talk of patriotism and morality is hollow.

  6. 6.

    MattF

    December 13, 2019 at 12:21 pm

    OT. Kevin Drum notes that the repo market (overnight bank-to-bank cash loans) has gotten into WTF territory:

    https://www.motherjones.com/kevin-drum/2019/12/whats-wrong-with-the-repo-market-a-followup/

  7. 7.

    Kraux Pas

    December 13, 2019 at 12:23 pm

    I think I’m gonna call my Congressman’s office today to seek his opinion on this whole impeachment matter. Just in case

  8. 8.

    Kelly

    December 13, 2019 at 12:33 pm

    My Rep Kurt Schrader, an annoying Blue Dog, Problem Solver with a continuous deficit tally at the top of his website came out in favor of impeachment a couple days ago. He usually comes around to vote the right way after all his posturing.

  9. 9.

    Dorothy A. Winsor

    December 13, 2019 at 12:36 pm

    @MattF: So I clicked over and read Drum. I’m not sure of the implications of what he wrote. Does it mean banks are likely to go under, a la 2008?

  10. 10.

    Yutsano

    December 13, 2019 at 12:36 pm

    @Kelly: I get the terrible milquetoast Dan Newhouse. He will go with whatever party leadership says regardless of what his constituents feel.

  11. 11.

    Cacti

    December 13, 2019 at 12:40 pm

    For those casting the votes, this will be one of those rare moments where history will truly remember on which side you stood.

    Choose wisely.  This could be your legacy.

  12. 12.

    PJ

    December 13, 2019 at 12:44 pm

    @Cacti: Republicans don’t care about the future, or what the future citizens of the smoldering ash heap they are creating will think, they only care about what it takes to stay in power now.

  13. 13.

    MattF

    December 13, 2019 at 12:44 pm

    @Dorothy A. Winsor: My takeaway is that someone out there is short of cash. But who, why, what, where, etc., are plausible questions. The whole thing is opaque, and everyone involved wants to keep it that way.

  14. 14.

    JPL

    December 13, 2019 at 12:47 pm

    @MattF: Well that’s encouraging.   geez

  15. 15.

    Cacti

    December 13, 2019 at 12:47 pm

    @PJ: I was thinking more of squishy Dems.

    They won’t get a mulligan on this one if they screw it up.

  16. 16.

    PJ

    December 13, 2019 at 12:59 pm

    @Cacti: I think the squishy Dems are also only thinking about re-election, despite the fact that a vote against impeachment will guarantee they are not re-elected.

  17. 17.

    catclub

    December 13, 2019 at 1:01 pm

    the trade ‘deal’ :Standard Trump – fuck something up to make a crisis. Promise to fix it.

    Get almost back to where you were before Trump fucked it up. Trump claims victory.

    NKorea, Trade, Border enforcement/Dreamers.

    In short: Trump folded without getting any tangible concessions from China merely to avoid new tariffs, and potentially a market crash. Meanwhile, there are virtually no details what China has agreed to do, and despite the USTR’s insistence to the contrary, there appears to be no actual enforcement mechanism to make sure China does not renege on the agreement.

  18. 18.

    catclub

    December 13, 2019 at 1:03 pm

    @MattF: It is very strange. But apparently the FED is pouring in (or promising to pour in – which is better) a massive amount of money to avoid something bad happening.

    zerohedge is all over it as QE4

  19. 19.

    oldster

    December 13, 2019 at 1:04 pm

    Agree with OP.  This is Dems doing what we sent them to do, and showing some spine.

    Do I agree with every aspect of their strategy? No. If I were Nancy, I would be launching ten different investigations into ten different areas of corruption.

    But despite that disagreement, I am glad that they are moving ahead with these charges.

  20. 20.

    Immanentize

    December 13, 2019 at 1:04 pm

    @Cacti:

    For those casting the votes, this will be one of those rare moments where history will truly remember on which side you stood.

    like the vote on the Iraqi AUMF.  That one had consequences (for Dems).

  21. 21.

    Kraux Pas

    December 13, 2019 at 1:04 pm

    @catclub: Aren’t the other parties to current trade deal being considered Canada and Mexico, not China?

  22. 22.

    Warblewarble

    December 13, 2019 at 1:05 pm

    “But one of them would make war rather than let the nation survive, and the other would accept war rather than let it perish,and the war came” Nothing has changed,it goes on,this is what be faced head on with no wavering, “Mine eyes have seen the glory”

  23. 23.

    Immanentize

    December 13, 2019 at 1:08 pm

    @Kraux Pas: Not this one.  This is the ongoing trade war with China, part eleventy.  Trump has promised another 160 billion in tariffs starting this weekend. They keep saying there is a partial deal coming; but I think most people agree the “partial deal” is just going to be Trump withdrawing his threat with some vague language about China trying to do something better in the sometime future.

  24. 24.

    Immanentize

    December 13, 2019 at 1:10 pm

    @catclub: linky?  I’d like to read that.

     

    Thanks!

  25. 25.

    catclub

    December 13, 2019 at 1:12 pm

    @MattF: Kevin Drum wrote this:  A more likely explanation is that the repo market is working fine—for most people, anyway. But there are a few borrowers who are in such parlous shape that no one wants to loan them money for even 12 hours, and it’s these borrowers that the Fed is propping up in hopes that they’ll get their act together

     

    I am not sure if he realizes this is very similar to the 2008 crisis – lack of faith in your counterparty.  Also, remember, the first quakes of the 2008-2009 crisis were in August, 2007. So it could take a while to become clear.

  26. 26.

    Kraux Pas

    December 13, 2019 at 1:12 pm

    @Immanentize: Oh, sorry, I hadn’t seen much on China trade lately but I know a lot has been going on with an update to NAFTA, including some concessions to labor and the Dems that are going to get it passed in the House.

     

    I was just confused.

  27. 27.

    catclub

    December 13, 2019 at 1:13 pm

    @Immanentize: linky?  on FED expansion of repo funds as QE4?  maybe a few days back.- zerohedge – beware. Not sure exactly which one, there are.

     

    how about this onehttps://www.zerohedge.com/markets/avoid-repo-crisis-fed-will-flood-market-gargantuan-365-billion-year-end-liquidity

  28. 28.

    Enhanced Voting Techniques

    December 13, 2019 at 1:19 pm

    Like English Labor; they stood for nothing on the issue of the day and rightly got punished by the voters.

  29. 29.

    Immanentize

    December 13, 2019 at 1:23 pm

    @catclub: You are the best,. Thanks for making that easier for me to find.

  30. 30.

    Emerald

    December 13, 2019 at 1:23 pm

    @Eljai: This is surprising?

    But geez the press coverage has been dismal

  31. 31.

    Immanentize

    December 13, 2019 at 1:24 pm

    @Enhanced Voting Techniques: I stand for standing for that which allows me to continue to stand before all of you!

  32. 32.

    Jackie

    December 13, 2019 at 1:27 pm

    @Yutsano: I feel you. I live in Kennewick.??‍♀️

  33. 33.

    zhena gogolia

    December 13, 2019 at 1:36 pm

    @Azelie:

    I agree.

  34. 34.

    Martin

    December 13, 2019 at 1:37 pm

    @Dorothy A. Winsor: Probably not. This is a bit different. The fed basically loans money to a handful of banks and relies on them to loan it out further in the food chain.

    But the banks and hedge funds and other large financial players are sinking their money into Treasuries rather than other forms  of investment, which ties the money up and makes it unavailable for lending. They seem to be signaling that the markets are about to go to shit, and so they’re going to lock up their money tight.

    Fed will need to return to quantitative easing. Impeachment, Brexit, trade wars – this shit is great if you’re willing to short the market, but it terrifies everyone else.

    2008 was a bit different. It shared the same lack of lending but it was because banks couldn’t sell their assets because nobody else had any money to buy them. The Feds bailed out GM because literally nobody else had the cash to do it. There was no graceful bankruptcy option. Tying money up in treasuries is less problematic because unlike a mortgage whose value can degrade (and did, rapidly in 2008) treasuries are expected to hold their value. We’re selling fucking buckets of them given our exploding deficit.

    The thing to worry about it the federal governments inattentiveness to this stuff, same as the Bush admins.

  35. 35.

    Martin

    December 13, 2019 at 1:40 pm

    @catclub: Federal Reserve is afraid things are going to shit and are trying to step in front of it. That’s not a great sign.

  36. 36.

    Death Panel Truck

    December 13, 2019 at 1:54 pm

    @Yutsano: I live in Pasco, and the only halfway positive thing I can say about Newhouse is that he’s not quite as bad as Hastings.

    He’ll do what he’s told.

  37. 37.

    bluefish

    December 13, 2019 at 1:55 pm

    That’s right. Since the beginning of time. Thanks.

  38. 38.

    catclub

    December 13, 2019 at 2:10 pm

    @Martin: It shared the same lack of lending but it was because banks couldn’t sell their assets because nobody else had any money to buy them.

    My understanding was more  like: Bank A no longer wants to loan to Bank B when Bank B uses CDObligations as collateral, because BankA uses them that way, and knows how doubtful those CDO’s are as collateral.

    Then everybody treats everybody the same way out of suspicion.

  39. 39.

    germy

    December 13, 2019 at 2:11 pm

    Steve Bannon to Michael Lewis: "The Democrats don't matter. The real opposition is the media. And the way to deal with them is to flood the zone with shit." https://t.co/YuCqFJZ6M5

    — Brian Stelter (@brianstelter) February 12, 2018

  40. 40.

    H.E.Wolf

    December 13, 2019 at 2:12 pm

    @Jackie: @Yutsano: I feel you. I live in Kennewick.

     

    As a database volunteer, I can report that the Tri-Cities (along with other cities in central WA) have been a hotbed of Democratic volunteers for the past 2 years. They may just be keeping real quiet about it. :-)

    If you decide to volunteer in your locale, I think you’ll have lots of company – and it could make a tangible difference in local campaigns, which is where the long game is played.

    Just in case, here’s the website:

    The “Volunteer” page offers a choice of doorbelling or phonebanking. If you prefer office work, the “Contact Us” page is probably a better option.

    And of course I’m going to add my regular signal boost for – a fun way to get out the Democratic vote in other parts of the country, and make a positive difference in that fashion.

  41. 41.

    Yutsano

    December 13, 2019 at 2:14 pm

    @Jackie: @Death Panel Truck: Unfortunately there’s probably no eliminating him because he appeals to the farmers out in the hinterlands and I swear every Hanford worker is a Republican. Even if we could somehow turn on our own Latinx vote around here it still probably wouldn’t help.

  42. 42.

    Baud

    December 13, 2019 at 2:14 pm

    @germy: The House elections 9 months after that showed that Democrats matter.

    In 11 months, we’ll show them again just how much Democrats matter.

  43. 43.

    germy

    December 13, 2019 at 2:17 pm

    @Baud:

    In 11 months, we’ll show them again just how much Democrats matter.

    I can’t wait.  I literally can’t wait to vote.

  44. 44.

    germy

    December 13, 2019 at 2:19 pm

    there’s a quote from Antonio Gramsci that’s been lodged in my head since 2016 that goes “the old world is dying, the new world is struggling to be born; now is the time of monsters”.

    — reticulating splines (@davidrobots) December 12, 2019

  45. 45.

    JPL

    December 13, 2019 at 2:19 pm

    @Baud: You both might be right.  trump got a lot of free press, and hopefully that won’t happen again.

  46. 46.

    Jay

    December 13, 2019 at 2:20 pm

    @catclub:

    yup, but, they also didn’t have cash or other liquid assets because they had sunk everything into bad debt and bundled debt “investments” .

    it’s not mortgages now, it’s car loans, student loans and payday lending that has been “securitized” and oversold.

     

    Debt mining lower down on the food chain after killing the previous host.

  47. 47.

    Jay

    December 13, 2019 at 2:22 pm

    @H.E.Wolf:

    link needed,……

  48. 48.

    Jay

    December 13, 2019 at 2:24 pm

    #BREAKING Man Who Doesn't Understand How Toilets Work Doesn't Understand How Tariffs Work— Jeff Tiedrich (@itsJeffTiedrich) December 13, 2019

  49. 49.

    H.E.Wolf

    December 13, 2019 at 2:27 pm

    @Jay:

    @H.E.Wolf: link needed,……

    My apologies! I just saw that the links didn’t go in properly.

    WA State Democratic Party website:

    https://www.wa-democrats.org/

    Postcards To Voters website:

    http://PostcardsToVoters.org

  50. 50.

    debbie

    December 13, 2019 at 2:27 pm

    @MattF:

    What it tells me that banks are once again jonesing for unnecessary risk.

  51. 51.

    catclub

    December 13, 2019 at 2:28 pm

    @Jay: It’s not mortgages now, it’s car loans, student loans and payday lending that has been “securitized” and oversold.

     

    Those are still MUCH smaller than home mortgages were in 2007-8.  There is also securitzed commercial and business loans that are suspect.

    On the third hand, interest rates – and hence interest payment burdens – are much smaller as a fraction of total income.

  52. 52.

    debbie

    December 13, 2019 at 2:31 pm

    @catclub:

    You’re not assuming mortgage brokers found their come-to-god moment and have taken heed, are you?

  53. 53.

    debbie

    December 13, 2019 at 2:35 pm

    This seems like good news:

    #BREAKING: Judge rejects Justice Dept effort to delay House lawsuit against Barr, Ross https://t.co/85GJAmV8pj pic.twitter.com/TMPTInomNO

    — The Hill (@thehill) December 13, 2019

  54. 54.

    MattF

    December 13, 2019 at 2:38 pm

    @debbie: The fact that their own recklessness is a systemic risk that can’t be hedged seems to escape attention. And there’s also the risk of using ‘AI’ computer programs that no one really understands. ‘Is the system stable?’. Well, um, y’know… possibly.

  55. 55.

    catclub

    December 13, 2019 at 2:40 pm

    @debbie: That come go God moment was when they could no longer pass on the trash they were creating.  As soon as someone comes along who will buy a No Job No Income mortgage again, I expect they will be there to create it and sell it off.

     

    I think NINJA was No Income, No Job, Adjustable

  56. 56.

    debbie

    December 13, 2019 at 2:46 pm

    @catclub:
    They’ve just found new ways to do the same shit.

  57. 57.

    catclub

    December 13, 2019 at 2:47 pm

    @JPL: trump got a lot of free press, and hopefully that won’t happen again.

     

    I think it is pretty clear that Trump can make the press jump up and cover him whenever he wants them to.  I might  expect a little less free press this coming year. Maybe only $1.8B worth rather than $2B worth. Maybe.

  58. 58.

    Jay

    December 13, 2019 at 3:04 pm

    Pete Buttigieg isn’t having a good week.

  59. 59.

    Jay

    December 13, 2019 at 3:14 pm

    Outrage over Bevin’s pardon spree has reached the state capitol. Lawmakers want an investigation, noting a particular pardon of a convicted killer whose family held a fundraiser for the former governor. https://t.co/V7GaxgEMci— Dylan Lovan (@dylanlovan) December 13, 2019

  60. 60.

    Jay

    December 13, 2019 at 3:23 pm

    @catclub:

    some studies show that he got $5 billion in “like contributions” from the Media in the 2016 Campaign.

    in the 2020 Campaign I am pretty sure it will surpass $15 billion.

    While media studies show that 90% of the coverage is “negative”, they don’t parse that for the effect on Trump voters and instead view it from a fact based bias. They also don’t account for how much of the “negative” Trump coverage also negs on the Democratic Party, ( bothsiderism) or qualify the negativity as milktoast.

  61. 61.

    Jay

    December 13, 2019 at 3:33 pm

    I truly believe the best things in life are a result of being bold and being real. I’m proud to endorse Elizabeth Warren today, for being bold, for being real, for listening to ALL of us, and for being prepared to navigate the unique challenges we face today as a country @ewarren pic.twitter.com/9hX3gQYjvo— Megan Rapinoe (@mPinoe) December 13, 2019

  62. 62.

    J R in WV

    December 13, 2019 at 7:04 pm

     

    Well. I was a strong supporter, WE were strong supporters of Kamala Harris, and now I guess we are strong supporters of Senator Professor Elizabeth Warren. I dunno who our second choice is now. Not Bernie, nor Tulsi the Russian stooges… Nor Pete, the old style liberal republican. Booker, Castro, who else?

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