OpEdNews » Lord of the Credit Cards

He chose who?

Joe BIDEN?????

Why aren't Progressives or Liberal Democrats or even "mainstream" Democrats shrieking, rioting, setting themselves on fire, about this insane choice? Was there any resistance in the Democratic Party (other than among the Clinton True Believers; they wanted their "gal" in the VP slot so they could experience, finally, catharsis) to this selection? Any at all?

Apparently not, and the absence of that resistance is a fairly accurate gauge of the degree to which the Democratic Party has died, passed away, evaporated in a steamy mist of defeatist miasma. It is now a wholly-owned subsidiary of Corporate America - like the Republican Party - only not yet as murderous, as foul, as the other Corporate Owned Party. Not quite. Close, though.

So, wave the white flag, boys and girls; it's all over but the Benediction as four days from now the delegates shuffle from the Pepsi Center and Invesco Field and all the various gatherings sponsored and paid for by those Blessed Corporate Souls such as AT&T, Comcast, General Motors, Microsoft, Motorola and on and on and on . . .

Okay. So, who's to argue with the DLC? It's their party, their presidential candidate, and their vice-presidential candidate. Pardon moi, theirs and Corporate America's. Which makes the selection of Joe Biden perfect. Nauseatingly, gaggingly, perfect.

Who remembers or cares about Biden's breathless cheer-leading (and vote) for the passage of the (ha-ha) "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005?" Who cares about Biden's relentless support of this ugly, anti-consumer act and the seemingly limitless financial support Biden has received from the credit card behemoth MBNA - now subsumed into the financial snake pit known as the Bank of America? From Wikipedia:

MBNA was one of the prime movers in lobbying for the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, which took 11 years and millions of dollars spent on lobbying before the act was finally passed when 15 Democrats (all of whom had received campaign contributions from MBNA, notably Joseph Biden, (D-DE) $147,700) joined with their Republican colleagues to sign it into law.

MBNA was one of the companies mentioned on a 2004 Frontline PBS special about unfair business practices by credit card companies. Some industry practices which MBNA possibly engaged in previously included doubling or tripling of interest rates, shifting billing due dates/payment cycles monthly, and raising rates for customers whose payments were a day or two late which earned it the sobriquet, Misrepresentation Bank of North America . . .

It is a well known banking industry fact that after the MBNA / Bank of America deal of January 1, 2006, a number of MBNA execs were booted off the BofA board of directors due to their fears that their unethical practices could result in criminal charges against them under a number of statutes including the Sarbanes-Oxley Act.

(For a thorough understanding of this legislation, Hunter, a diarist at Daily Kos nailed it two-plus years ago. Go here).

Oh, my. "Criminal charges . . ." And, Biden right in there with the scum. Glomming up the money, shuffling back and forth on the train nightly (so we are now told) between D.C. and Delaware like a ghost, a lost soul . . . sigh . . . alone with the darkness, and the passing lights of small town America whizzing past . . . time to reflect on the damage about to be done to what was left of working-class America as a result of his support for this vile bill . . . or not reflecting . . . who really knows? . . . and this filthy piece of legislation, yet another bullet-proof slab of Corporate Protection at the expense of real people . . . oh, well . . . sigh . . .

So . . . now? Well, now Senator Biden is the Vice Presidential Nominee of the Democratic Party! The running mate of our Great Agent of Change, Barack Obama!!! And we should be - we must be - happy! We have a Winning Team! A New Dawn is coming! Vote Democratic! Vote Obama/Biden! Vote for Change!!!! Blessed Change!

And, there's so much more about Senator Biden's legislative efforts that brings smiles to the faces of the Blessed Corporate Overlords who have funded so much of the Democratic Party, who have written check after check, sometimes even more (gasp!) than to Republicans, who now can relax, don't worry, it's been handled, all is okay, we're home free, Bush is on the way out, the new "Bush" is in the wings. Obama/Biden! A vote for change! Change We Can Believe In!!!!!!

God Bless Us, Everyone!

www.mikemalloy.com

Mike Malloy is a former writer and producer for CNN (1984-87) and CNN-International (2000). His professional experience includes newspaper columnist and editor, writer, rock concert producer and actor. He is the only radio talk show host in America to have received the A.I.R (Achievement in Radio) Award in both Chicago and New York City, the number three and number one radio markets in the country. His radio experience includes the 50,000 watt blow-torches in both the South and the Midwest, respectively WSB-AM in Atlanta and WLS-AM in Chicago, and as one of the original hosts on Air America - a two-year-long association that ended in a massive train wreck. Mike's nationally-syndicated program can now be heard weeknights on affiliates of the Nova M Network and on XM Satellite and Sirius Satellite Radio as well as on live Internet streaming. It is not difficult to pigeon-hole Malloy politically. Generally speaking, he is a traditional Liberal Democrat doing his part to return the Democratic Party to its Liberal roots.

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2 comments

I am a passionate 9/11 truther from the east coast. I feel that the only way to retrieve our country from the gnarled hands of the evil doers is to expose them as the criminals behind 9/11.

"Dissent is the Highest Form of Patriotism."
-Thomas Jefferson

"Unthinking respect for authority is the greatest enemy of truth." - Albert Einstein
jersey girlI am a passionate 9/11 truther from the east coast. I feel that the only way to retrieve our country from the gnarled hands of the evil doers is to expose them as the criminals behind 9/11.

"Dissent is the Highest Form of Patriotism."
-Thomas Jefferson

"Unthinking respect for authority is the greatest enemy of truth." - Albert Einstein

A horrible but fully expected choice..

Obama has surrounded himself with corporatists and war hawks. Can't wait to see who he selects as secty of defense.. Evan Bayh perhaps? Or maybe he will try and steal holy Joe Lieberman from McCain ! That would surely be a good fit as well.

Biden screwed the working class with his bankruptcy bill and his all out pushing for war with Iraq. Wow, just what we needed huh? That will sure help out the average american. You can bet, as a team, they will continue to be just as helpful in the future ! The bankers, the telecoms and the defense contractors are salivating over this dynamic duo. Of course, corporations are people too. The law says so. So technically, I guess you could say they really are men of the people.

Mike is right. Stick a fork in the dems. They are done. But some of us already knew that. It's time to end this madness. Vote third party.

Nader/Gonzales '08

by jersey girl (0 articles, 0 quicklinks, 0 diaries, 314 comments) on Monday, August 25, 2008 at 7:50:46 PM

Recently retired. President of a AFSCME local from 1997-2007. More a commenter to a blog article than article writer. Really enjoy well-written analysis of our times.
Robert ArendRecently retired. President of a AFSCME local from 1997-2007. More a commenter to a blog article than article writer. Really enjoy well-written analysis of our times.

Massa BigCredit Own Our Kids, Too.

Throughout the Democratic Primary, I railed against Biden mostly on the Huffington Post (in the comments sections since HuffPost is not designed as OPED to permit articles from the general readership) for his betrayal of his Deleware constituents and all the rest of us to BigCredit.

As much as I admire and respect Michelle Obama (as I had her husband until his FISA vote), I grew nauseous when she praised Biden as a man who has fought his whole life for working class Americans.

I refreshed my memory of Biden's ugly sellout of veterans and the elderly and even the victims of identity theft through your excellent link, Mr. Mallory. My disgust for the man deepens.

As I wrote in an earlier comment to an OPED post, Biden conspired with MBNA and the rest of BigCredit to recreate for all working Americans what was done to African-Americans in the southern states after the Civil War: hire them as sharecroppers but at a financial cost to them that they could never pay off their debts in order to leave the plantations.

All working and retired Americans who failed to see the trap prepared for them by BigCredit, with the blessings of Barack-blessed Biden, are now victims of involuntary servitude__slavery__to those who hold their debt and change the terms in order to keep them working for their new "massas" instead of themselves and their own families.

With student loans, Massa BigCredit keeps the kids, too.

by Robert Arend (5 articles, 17 quicklinks, 19 diaries, 183 comments) on Monday, August 25, 2008 at 11:06:41 PM

2 comments

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