Feed the Banks and Fire the Teachers: Big Ideas in the Age of Obama

LMC2

A flagship-venue for middle-brow intellectuals in America, the Atlantic Monthly is currently exhibiting a pathetic list of big ideas from “Brave Thinkers,” and…

Weep while you puke, America, because the best that your brightest can come up with is a sad little idea by a nauseating shit-head named…

Deborah Gist!

In your first year as the commissioner of education in Rhode Island, you earned headlines for backing a plan to fire all the high-school teachers in the poorly performing district of Central Falls. Education Secretary Arne Duncan and even President Obama chimed in with support.

Fire every teacher in the district! Obama loves that plan!

And Central Falls wants to thank Deborah Gist and her biggest fan Barack Obama for all their help with everything, because…

Central Falls is bankrupt! The entire city is in receivership! And why wouldn’t it be? It’s the smallest, densest, poorest city in Rhode Island, with 18,000 poor people crammed into 1.29 square miles, 800 acres of antequated factories and urban blight, and what can we do to help, asks Barack Obama?

Let’s fire all their fucking teachers!

And meanwhile that evil, hypocritical son-of-a-bitch Barack Obama and his pets at the Federal Reserve want to hand out yet another $500 billion of no-interest loans to the goddamned banks.

That’s QE2, more quantitative easing, and what the fuck does it mean? It means that the Federal Reserve will…

…give banks the excess reserves required for them to create new money, and thus hopefully induce a stimulation of the economy, by the process of deposit multiplication from increased lending in the fractional reserve banking system.

And can the banks do anything they fucking please with all that money?

Yes! Yes they can!

Risks include the policy being more effective than intended, spurring hyperinflation, or the risk of not being effective enough, if banks opt simply to sit on the additional cash in order to increase their capital reserves in a climate of increasing defaults in their present loan portfolio.

Fire the teachers and feed the banks!

And there’s Barack Obama, grinning like an idiot and applauding more and more money for the pigs, and less and less for the rest of us, and that idiot hasn’t learned anything!

Question: Mr. President, you’ve said that you want to work with Republicans after the election, but there’s probably a pretty good chance that they’re not going to advance with you. Is there sort of a breaking point you have of where you try to work with them and they just refuse to budge, which they’ve indicated so far?

Obama: Look, the — I’m a pretty stubborn guy when it comes to, on the one hand, trying to get cooperation. I don’t give up just because I didn’t get cooperation on this issue; I’ll try the next issue. If the Republicans don’t agree with me on fiscal policy, maybe they’ll agree with me on infrastructure. If they don’t agree with me on infrastructure, I’ll try to see if they agree with me on education.

And if I can find ways for us to work with Republicans to advance those issues, then that’s going to be my priority.

Fire the teachers and feed the banks! That’s bipartisanship and big ideas, as defined by middle-brow America with their nauseating shit-head “intellectuals” like Deborah Gist and their evil, hypocritical son-of-a-bitch of a President, Barack Obama.

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  1. Cleveland October 31, 2010…

    Screens at the Wolfstein Centre, Cleveland, showed the Obama logo from the 2008 White House race, the old campaign songs were played and the crowd noisily chanted his slogan ‘Yes, we can’. However, in contrast with the 2008 election, when across the US an Obama rally was a hot ticket and people had to be turned away, he attracted only 8,000 to the 13,000 capacity stadium. When he appeared at a rally in the same city in 2008 two days before the White House election, 80,000 turned out.

    • Xanthe on November 3, 2010 at 7:07 pm

    He has not once – repeat once – mentioned the problem with banks.  No, it’s about Americans making sacrifices – after all, we’re Americans – not Democrats or Democrats.  You’re not going to hear a Republican say that.

    Nor did one reporter at this point – almost the end – ask about the debt commission – he brought it up as his bipartisan spiel —

    oh, it’s over and no mention of banks, wars, screwing old people etc.

    Only mention of sacrifice – the American people sacrificing that is – not banks, and his “bipartisan” debt commission.

    I have to say – and interestingly it’s in one of your diaries, Jacob – cause you’re tough, I have come to admire Chris Matthews in his commentaries thru this election.  Last night, when he was tired, at about 1:00 am Central Time – he spoke movingly about the “rust belt” and the men and women who have suffered because they are ignored, they cannot find work.  Chris then riffed about when he was a kid how working men went to work every day and took pride in that – he seemed moved – I guess it’s his own background – reminded me of my own father.  Obama doesn’t get these people – it’s interesting to me he has little contact with working class people.  No friend to us at all.  

    And again this am, Matthews gave a good review of Obama’s bloodless speech (to me anyway).  I’m not going to call him “Tweety” anymore.  He was the only commentator who spoke about my own tribe.  And frankly, we are becoming tribal in this country.

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