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Ted Kennedy’s seat lost to Wall St.?

Its getting late here now, but I am hearing from informed sources in the US that the Democrat candidate in Ted Kennedy’s seat is already blaming President Obama. for the loss of the ultra-safe Democratic seats.

“We were hurt by White House Failure to confront Wall St.” says the candidate’s pollster.

Celinda Lake pointed to polling released by the Economic Policy Institute showing that 65 percent of Americans though the stimulus served banks interests, 56 percent thought it served corporations and only ten percent that it benefited them.

If the Democrats lose this seat, they lose healthcare, according to my sources - because they need 60 senators to the Republican 40 to get healthcare through the Senate. 59 to 41 will not do it.

Of course the polls are not closed yet - but Wall St. is confident. The Dow shot up 106.7 points.

Is there still time for Labour to learn from the spectacular misjudgement of a President considered the most sophisticated of politicians?

Posted by ann on 20th January 2010, 12:02am
Filed under: Uncategorized

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6 Responses to “Ted Kennedy’s seat lost to Wall St.?”

[...] Debtonation » Blog Archive » Ted Kennedy’s seat lost to Wall St.?. [...]

Comment By Tax Research UK » Ted Kennedy’s seat lost to Wall St.? on January 20th, 2010 at 9:04 am

Obama’s candidate lost because American independents are worried about the future, and Obama has squandered their hope that he could lead the nation and the world in a new direction. In the unorganized way of modern politics, they sent the message that they demand a sharp course correction. Unfortunately, it is not likely that the Obama people know how to break out from the grip of the financial services industry. The best hope is that they will grasp the necessity to make job renewal the focus of their agenda and, in that context, confront the obstacle that the banks now represent.

Steve

Comment By Steve Clark on January 20th, 2010 at 2:40 pm

This is scary news, but it is not the end of the world.

I see it as a sign of the power of the right-wing media, especially in the US and UK. They keep hiding the power of the City of London and Wall Street, and blame everything on big spending left-wing politicians.

Some way needs to be found to break through this power of the media, or we face a resurgence of Republicanism in the US, and Conservativism in the UK.

However what comforts me is that even if big business continues to fool the voters in the US and the UK, it is a busted flush in the wider globalised world. Any unilateral action by Republicans or Conservatives in support of business will , in my opinion, collapse under the weight of it’s own contradictions in the multipolar world we are now moving in to.

Comment By Joe Smith on January 20th, 2010 at 3:06 pm

What we learn from this is the failure of the left to pull together.

Independents can not be expected to maintain their support if the left themselves are bickering. Debate is another matter - that is inclusive. But bickering simply allows alternative agenda to surge forward.

Comment By Jo Jordan on January 21st, 2010 at 11:06 am

Paul Volcker is suddenly popular again and Bernanke’s reconfirmation could be in trouble.

Lets hope and pray Obama’s having an “Its the Economy, Stupid” moment.

Comment By john fletcher on January 22nd, 2010 at 9:22 am

Volcker’s no longer popular and Bernanke’s confirmation seems certain.

Obama’s having a ‘Let it Seem as Though I’m having an “Its the Economy, Stupid” moment.”

Comment By john fletcher on January 26th, 2010 at 9:08 am

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