I am convinced now that Barack Obama's only real goal as president is to satisfy the movers and shakers of Wall Street. I suppose in the modern American era, that's the primary goal of all elected presidents. Wall Street and multi-nationals pay for the presidential campaigns, and so all modern presidents find themselves beholding to the ones who brung them to the dance.
The evidence proving that Barack Obama is really only a hired hand of Wall Street crooks and multi-national corporations has been on display in the contrivance formerly known as raising the debt ceiling.
Tea Partiers, corporate Republicans, and Obama, himself, worked hard to make the lifting of the debt ceiling an opportunity to cut government spending. Never before in American history have strings been attached to lifting our credit limit. Why now? Because a Democratic President Obama wanted strings attached.
Obama wanted a "grand compromise"....a "big deal".....where government spending in the midst of 9% unemployment would be severely cut. Obama, a Democrat, is the guy who offered up cuts to Medicare and even Social Security when he and Speaker Boehner were conducting their private behind-closed-doors meetings.
In other words, what we ended up with was basically what President Obama wanted. $2.4 trillion slashed over 10 years, $1.5 trillion of that cutting to be determined by a undemocratic and unconstitutional "super committee" whose recommendations cannot be filibustered or amended...and whose recommendations will be guaranteed a congressional up or down vote.
If the "super committee" cannot agree...something which is not likely with Democratic Senator Max Baucus on the panel....then automatic spending cuts to defense and the federal budget will commence immediately.
But while the unconstitutional committee is doing their dirty deeds.....what will President Obama do? Many silly teevee pundits have been saying that the president needs to "pivot" to jobs, jobs, jobs.....which would be laughable if it wasn't so serious. Robert Reich, former Labor Secretary under Bill Clinton....
I’m told White House political operatives are against a bold jobs plan. They believe the only jobs plan that could get through Congress would be so watered down as to have almost no impact by Election Day. They also worry the public wouldn’t understand how more government spending in the near term can be consistent with long-term deficit reduction. And they fear Republicans would use any such initiative to further bash Obama as a big spender.
Having muddied the entire "debate" up by insisting that the federal government was just like an average family when it came to debt.....the White House is now fearful that if they insist on spending money to directly create jobs...the public will be confused and poor Barack won't be re-elected. Having stood before the nation explaining how that our deficit and debt were, somehow, preventing job growth...preventing our economy from growing.....Obama, now, doesn't want the American people to be hearing mixed messages.
All I can say is.....you have got to be kidding me.
However, if you are president...and your number one goal as president is to please Wall Street and the multi-national players who pay for your re-election campaign...then this all seems perfectly normal.
So rather than fight for a bold jobs plan, the White House has apparently decided it’s politically wiser to continue fighting about the deficit. The idea is to keep the public focused on the deficit drama – to convince them their current economic woes have something to do with it, decry Washington’s paralysis over fixing it, and then claim victory over whatever outcome emerges from the process recently negotiated to fix it. They hope all this will distract the public’s attention from the President’s failure to do anything about continuing high unemployment and economic anemia.
Instead of actually fighting for working families.....Obama wants to "keep the public focused on the deficit drama....to convince them their current economic woes have something to do with it."
That is pure sickness. Cynical, yes.....but deeply sick.
Tell me. Obama wants Americans to focus on deficits and debt.....how is that any different from what the Know Nothings in the Tea Party want Americans to focus on? Or the Republican Party?
At a time when the nation’s eyes were on him, seeking an answer to what was happening, he chose not to talk about the need for a bold jobs plan but to talk instead about the budget deficit – as if it were responsible for the terrible economy, including Wall Street’s plunge. He spoke of Standard & Poor’s decision to downgrade the nation’s debt as proof that Washington’s political paralysis over deficit reduction “could do enormous damage to our economy and the world’s,” and said the nation could reduce its deficit and jump-start the economy if there was “political will in Washington.”
Obama is worse than a weak president. He is a highly cynical politician who despises most of his own political party members. His only goal coming into the White House was to please the very culprits who destroyed our economy.... the Wall Street banksters. Obama surrounded himself with Wall Street players at the very same time that Wall Street banksters had exploded the economic futures of millions of Americans.
Now, just like any crooked bankster, or deranged Know Nothing, or Republican corporate pimp, Obama wants average Americans to focus on deficits and "super committees" delegated to cut even more spending in the midst of 9% unemployment. Focusing on all those needed jobs right now....according to the president....would only confuse voters ahead of next year's election....and that's a chance Obama isn't willing to take.
Scream or spit...you decide.
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