(9 am. – promoted by ek hornbeck)
In an interview published in the latest edition of Bloomberg BusinessWeek, US president Barack Obama defended the right-wing credentials of his administration, insisting that everything he has done and intends to do is in the interests of corporations.
No real surprise here, if you’ve been paying any real attention to Obama’s actions. Obama’s part and parcel with the bosses and bankster frauds. He’s a walking disaster for the Democrats (not, mind you, the DLC).
Prior to the publication of the full interview, a passage was released in which Obama declares that he does not “begrudge” the $26 million in bonuses awarded to Wall Street CEOs Jamie Dimon and Lloyd Blankfein. The declaration was intended to make clear his loyalty to the financial elite. (See “Obama doesn’t ‘begrudge’ bankers their multi-million-dollar bonuses“)
When you hang out with hogs, you get covered with slop. The slop, in this case, is the financial mess the US and world are in. Don’t expect any real change, Obama doesn’t believe in it. The only way the system will change for the better is for more people like Kucinich and those to the left of him to be elected. It won’t happen with the Democrats right now.
The entire interview (now available here) is along the same lines. Obama stressed his role in bailing out the banks, his regular discussions with CEOs, his plans for corporate tax cuts and cuts in health care.
I’ll let you read the rest of the article. Seething, for a moment, is probably a good reaction. Writing off the current election cycle is probably a good idea, also. While the Teabaggers will be good for Democrats (as they are currently constituted) in the short term, they’re not much more than 23%ers. Reagan is a demigod to them, even if they only pay attention to what his rhetoric was, and not his actions. The sad thing is that the Democrats are still scared of the Glorious Leader, and have their version (Obama) currently in office. I doubt much will change for the Dems even prior to 2012, although I think we the people will be more prepared to listen to the Left by then.