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Obama Told Us To Speak Out, But Is He Listening?
The president is getting what he asked for, but perhaps not what he had in mind. During the campaign, Barack Obama beckoned Americans to put aside their cynicism about politics and re-engage as active citizens. They are now doing so with red-hot anger. They are outraged by events and forcing their way into congressional affairs and behind closed doors where policy wonks discuss issues with cerebral civility. The president is now trapped between these two realms -- the governing elites who decide things and the people who are governed. Which side is he on? If he does not choose wisely, the anger could devour his presidency.
The immediate impetus is the latest outrage from the financial sector. AIG, the failed insurance giant on government life support, proceeded to hand out $165 million in employee bonuses. Because Washington has pumped $170 billion into this zombie corporation, people quickly grasped that AIG was redistributing their tax money. On March 13, the White House sent out Larry Summers, the president's economic adviser, to explain things. Government has no choice, Summers said, because this is a government of laws and we must honor contracts. On Monday, the president scrapped that line, hoping to dodge the outrage.
Something fundamental has been altered in American politics. Encouraged by Obama's message of hope, agitated by darkening economic prospects, many people have thrown off sullen passivity and are trying to reclaim their role as citizens. This disturbs the routines of Washington but has great potential for restoring a functioning democracy. Timely intervention by the people could save the country from some truly bad ideas now circulating in Washington and on Wall Street. Ideas that could lead to the creation of a corporate state, legitimized by government and financed by everyone else. Once people understand the concept, expect a lot more outrage.
Public anger is likely to be a recurring episode, because the president has budgeted another $750 billion to rescue the financial system from its troubles. If Congress gives him the money, people will be watching where it goes. Obama is vulnerable to the blowback. In his address to Congress last month, he promised, "This is not about helping banks, it's about helping people." The first half of his statement is demonstrably not true, as people see for themselves and as bankers parade their arrogant excess. The second half is merely wishful.
"Populist anger" is a condescending label pundits use to suggest an irrational, unruly temperament. But what's really going on is deeper and potentially more forceful. It will not be contained with good rhetoric or symbolic gestures.
Populism was the highly creative, self-made movement formed by desperate farmers in the late 19th century. It is disparaged in elite circles, but it generated vital ideas that ultimately reshaped government and democracy. We are not there yet, not even close. But the impulse for small-d democracy could be very healthy -- if the political system learns to listen and respond.
At the center of this story is Obama, who inherited the Democratic Party's awkward straddle between monied interests and working people. I voted for him joyfully and sympathize. His message to the nation last week reflected his dilemma. "I don't want to quell anger. People are right to be angry. I'm angry," he told reporters on Wednesday. Then he pivoted: "What I want us to do is channel our anger in a constructive way."
What's changed the president's situation? During the past nine months, gigantic financial bailouts amid collapsing economic life made visible the crippling divide between governing elites and citizens at large. People everywhere learned a blunt lesson about power, who has it and who doesn't. They watched Washington rush to rescue the very financial interests that caused the catastrophe. They learned that government has plenty of money to spend when the right people want it. "Where's my bailout," became the rueful punch line at lunch counters and construction sites nationwide. Then to deepen the insult, people watched as establishment forces re-launched their campaign for "entitlement reform" -- a euphemism for whacking Social Security benefits, Medicare and Medicaid.
Of course, popular alienation has been around a long time. But the stakes for the country are now far more grave. My new book -- "Come Home, America: The Rise and Fall (and Redeeming Promise) of Our Country" -- asserts that we're at the end of the long and mostly triumphant era that started with victory in World War II. We are going to change as a country, for better or worse, like it or not.
If people and the president do not stand up for just solutions, politics as usual will prevail. Congressional leaders are once again rushing to enact hasty "reforms" that might get the financial monkey off their back, but will permanently damage our democracy. Elite opinion wants to empower the Federal Reserve to act as the "super-cop" protecting the financial system against systemic risk in the future. This idea is another instance of rewarding failure. The Fed was blind to the systemic risk accumulating during the past two decades and it failed utterly to head off the excesses -- the explosion of debt and Wall Street's fraudulent valuations. The central bank, in fact, with its erratic monetary policy, was a central source of what destabilized the economy.
Why would politicians make this cloistered and unaccountable institution more powerful, when the Fed has been derelict in its historical obligation to protect the "safety and soundness" of the system? Reforms ought to head the opposite way -- forcing the Fed into daylight and the same regular order required of government agencies.
A few weeks ago, a freshman congressman, Rep. Alan Grayson (D-Fla.), became an Internet celebrity with the video of him grilling the Federal Reserve vice chairman at a House hearing. The Fed is in the process of handing out almost $3 trillion. Can you tell us which firms and banks are getting money? Grayson asked. Donald Kohn said that would be inappropriate. It might discourage some banks from taking the public's money. More outrage ensued and last week, after a good pounding from citizens, the Fed folded and named some names.
A new regulatory regime that puts the secretive central bank in charge of everything would sanctify the policy of "too big to fail" that Fed officials have long followed but never honestly acknowledged. It would also revive the Wall Street club, albeit smaller than before, with which the Fed has been so cozy. If the largest bank holding companies are given privileged proximity to the source of government protection, then everyone in finance and commerce will want to become a bank holding company, too. We are already seeing this happening as former investment houses like Goldman Sachs and non-bank financial firms decide to join the system. Why not General Electric and Microsoft? Where does this end? What does it mean for smaller enterprises that lack the scale and influence?
Whatever the intentions, this "reform" would effectively legitimize the existence of a corporate state. This concentrated power would be neither socialism nor capitalism, but a grotesque hybrid that combines the worst qualities of both systems. Government and politics would become even more responsive to big money, but also able to tamper intimately with private enterprise, picking winners and losers based on political loyalties, not on performance. Capitalism with its inherent tendency toward monopoly would have the means to monopolize democracy.
Barack Obama can resist all this, if he chooses, but he seems conflicted. Obama's approach so far is devoted to restoring Wall Street's famous names, and his economic advisers tell him this is the "responsible" imperative, no matter that it might offend the unwashed public. Obama evidently agrees. He does not seem to grasp that the tone-deaf technocrats are leading him into a dead-end.
The president needs to hear a second opinion -- millions of them.
People are angry, but they want this president to succeed. Mobilized citizens can help him to prevail. If he goes with the other side, they will bring him down.
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78 Comments so far
Show AllWilliam Greider has asked the crucuial question in the shell game in which the Obama adminstration has been conducting becomes more and more obvious. It's kinda like Dubya when he "took responsibility" for "mistakes that were made" and fired a bunch of subordinates while not once entertaining the thought that he too had culpability in the matters for which he "took responsibility".
It might be worthwhile for President Obama to ponder the words of former President Kennedy:
"Those who make peaceful revolution impossible make violent revolution inevitable".
Ammo sales at the local Wal-Mart in my neck of the woods have been skyrocketing according to the guy who mans the counter at the outdoors section. Every affront to decent and civilized discourse and community organizing that gets patronized or rebuffed just adds more recruits to the torch-carrying mobs who will one day descend on the enclaves of privililge to liquidate their tangible assets.
Poet
Yup...IT'S COMING............
Picture a mob 300 strong; hungry, tired, poverty stricken and angry. They stand in front of the Wal-mart after hours, just waiting for the word to bolt through those doors and loot the building to the bare shelves. Now picture this happening not just in front of the wal-mart but the grocery store and not just in the poor part of town or the bad part of the city. I think it might be time for a little intelligent rioting. Leave the Mom and pop stores. Pillage the corporate boxes. I doubt the paid security will stand fast.
Wherever there is fire I will be the gasoline
I wouldn't be too excited. I suspect that most of those purchasers of ammo are not necessarily allied with many of our viewpoints here.
---USAn---
I'd like to share that I have been having bad dreams about our country hitting rock bottom with hungry and homeless people into the millions. Yet I have hope that the President is getting good advice and that Americans will soon get some help with the stimulus (es). My only hope for better dreams is to turn off the incessant rumor and fear machine, the cable networks. I used to wonder how the network execs could be trying to undermine the President, because wouldn't it be bad for business, as in advertising and other business interests of its investors? But I understand things a bit better. The pressure exerted through the mainstream media comes from those power brokers who do not want things to change, and who believe that if the American people endured our more than 4,000 soldiers dying in the senseless war of Iraq, that thousands, even millions of dispossesed Americans will also be endured, and the powers that be will keep all their tax loopholes and their billions.
I am praying harder than ever that President Barack Obama will resist pleasing the superwealthy and form a very different and new banking system, as well as a very different and new educational system, taxing system, etc., etc., etc.
One thing that I am very sure of, with the multitudes of lay-offs, foreclosures and repossessions, the sleeping people of this country are waking up and are scrambling to make their voices heard. I just hope that the incessant misinformation and fear mongering that goes on in the mainstream media will be offset by artists and teachers and small business bosses who know the truth. As for me, another way I am working on chasing away my nightmares is to pick up a sign and stand on a street corner, or go knocking on doors. Maybe you'll see me.
My friend, you are hoping against hope. Abolishing the Fed is one of the first major steps. Will it happen? Remember what happened last time that was tried. Re-investigate 9/11.....good luck with that! Think O is on YOUR side?
http://www.wsws.org/articles/2009/mar2009/bonu-m21.shtml
http://www.marketwatch.com/news/story/obama-calls-treasury-secretary-geithners/story.aspx?guid=%7BBBC389B9%2DA289%2D466E%2D850A%2D321ED00010A3%7D
I quote WSWS, but I am not WSWS. Don't quite understand why you are astounded. Ultimately, I am likely an anti-capitalist, since greed will always rule this idealogy. The chances of abolishing the Fed (although very high) are certainly better than abolishing capitalism totally...let's face it, it's a virus...as are we...on this earth. Go from the Fed to the BIS etc. Let the government issue its own currency..other than coin. The Fed/ BIS/IMF et al have played THE biggest role in the theft of the common man on an astronomical scale via "legalized" usury. Who knows where it may go from there?..Fat chance of any of this happening short of revolution....Not that there's anything wrong with that...just doubt the vast majority of "comfortable" Americans have the stomach.
The only thing that I don't understand is why you don't identify Obama as squarely and deliberately responsible for the giveaways. While still a senator, he voted for the first bailout, which everyone knew then was a huge ripoff. Since then he has deliberately presided over the rest of the heist. Why don't you mention that every major player in his administration, who he handpicked, is a member of the Bilderberg Group, Trilateral Commission, and/or Council on Foreign Relations? What change, exactly, are we getting with Obama?
I blame Obama, Bush, Congress and the entire criminal cabal. When did I say I did not? Bush blackmailed the CONgress when this was all pushed through and the cowards went against the wishes of 85% of the American public. BUT, don't forget, there are bailouts being accomplished off stage and unnoticed to the tune of many more trillions then we are seeing. The Fed, BIS and the whole stinking felonious banking web are behind those bailouts. Here are two good articles....
http://informationclearinghouse.info/article22273.htm
http://informationclearinghouse.info/article22276.htm
Pardon me if I misunderstood you. The tone that seemed to be in your piece is that Obama is generally well-intentioned but is being misdirected and needs to be nudged by those who know better. What was clear to me and many others all along, including Nader, who gets no respect, is that Obama is the bankers', corporatists' puppet, and that he knows full well what he is doing. He's a likeable, intelligent, eloquent guy who uses his charisma to sweet talk us and make people believe he stands for the exact opposite of what he truly stands for, which is the total control of our lives and wealth by the private bankers behind the Federal Reserve and all other centralized banking in the world, the one New World Order.
So why don't we come out and say what is clear, that Obama has swindled the American people, the millions of people who believed in him as an agent of change, and that he is further progressing the corporatists' agenda of Bush, not turning it around?
My friend, I still cannot see where in my comments you see that I have any support for Obama. I can but agree with all you have said. Are you responding to the correct poster? Anyway, my main gripe is with the Fed and actually any prez who has been in power since JFK...since he was the last to attempt to rid us of that disease called the Fed. Obama's a shill..has been from day one.
Good comments, Ted.
---USAn---
Any President who tries to abolish the Federal Reserve is taking a big risk, like Kennedy did before he was killed.
Greider should not forget how much money WS execs and fat-cat investors are fighting for these days. Obama cannot go against these masters of the universe cold turkey and deny them the bailout they "deserve" (since they "concede" to the taxpayers the money that the taxpayers get anyway, according to their slave-plantation-owner world view).
If he tried to, this neo-feudal class of parasites would cough up in a sec more than enough savings to hire full time and for several years every one of the many mercenary armies of the USA plus the whole of organized crime, just to get rid of him.
So be patient and be careful about what you ask for else you may end up having to whine about "the friend of the usurer" aka Joseph Biden...
Obama knows that and does not want to be a martyr and go down in flames. He must proceed carefully and knows he can change things only when the situation is ripe.
Fortunately, time is on his side since the dozens of trillion dollars of financial vaporware that need to be "saved" cannot possibly be "finessed" without ruining the USA or ruining the fat cats.
So the whining and hoping for the great leader's redemption (on TV, so we can watch) must stop. What is needed now is
i) that lazy left-wing economists, historians, and political scientists finally make the effort to document in detail --and then publicize non-stop-- which are the great fortunes that demoblicans are trying to save when they cry wolf about "saving the financial system" --including useful idiot Krugman initially-- and that they denounce with names and addresses the owners of these fortunes who have bribed for decades mainstream demoblicans, journalists, pundits, and economists and have ordered them now to save them from their apocalyptic exposure to wrecked financial vaporware which will otherwise doom their political and economic power (no, nobody wants to save "the banks" or "WS", how can anybody be so naive and fall for such an obfuscation!);
ii) that progressive activists make sure that Obama and the demoblicans are confronted at every stop with questions about the specific *individuals* who would benefit personally most if the financial system is "saved" and about why exactly these *individuals* deserve so badly to be saved at a price of billions of dollars each; and
iii) that progressive economists, historians, political scientists, and activists convince the public that the bailout money can and should rather be used to jump-start the economy directly with or w/o the co-operation of WS and private banks;
Steering public anger towards the actual figures whom bribed top politicians now must defend either they like it or not, but who will become de facto indefensible if everybody becomes aware of who they are, will give Obama the freedom to move in the right direction.
Imagine Obama asking the citizenry, e.g., if it really wants that the Randolphs' billions in derivatives be purchased from them at face value by the taxpayers "to save the financial system".
So let's stop complaining about WS, the banks, and the great leader's lack of leadership and vision. Let's make sure that the citizenry understands where the debate and the country should go and why, and that it starts demanding both from Obama and loudly so.
We could not get the citizenry to be aware of/stop the criminality, genocide, fraud, false flag, torture and unbelievable deception of the past administration for eight years.....what makes you think they will listen and awaken now? Obama would not be where he is, if the banksters that run this world did not want him there. One small example.............
http://www.wsws.org/articles/2009/mar2009/bonu-m21.shtml
Sioux Rose
O: One difference is that Bush was able to keep the economy rolling until it collapsed in accord with too much weight (fiscal gain) at the top, imploding the fake pyramid. Now the people are FEELING this collapse... savings mean little, the elderly live on interest on what money they have and/or stock dividends, both are in short supply as food prices rise along with energy prices. What amazes me is that I see corporations trying to squeeze citizens by RAISING rates now, unbelievable at a time when for most, wages, salaries, and savings are bottoming out. When advocates of Mammon ($ rules) and Mars (war rules) run a state, nothing can be sustained because their priorities are anti-life and anti-just. Plus people do react when it's their sustainability on the line.
Must agree. I would only add that I believe it's all well-orchestrated. Is Obama in on it or just a part of the corporatocracy? Don't know, but I would bet he'll be running against Jeb in 2012....if we make it until then. Incidentally, as "an elderly", I live on SS.
Instead of no gas day, or lights off hour, why don't we as a country take a sit in Thursday. Everyone stay home, not go into work, etc.
Perhaps because "we as a country" are already running full-tilt on the treadmill to keep up with those 30% credit-card advances, home-loans and so on? Perhaps what we really need is to declare a general strike on usurious loan repayments.
Rainborowe
Sioux Rose
It is difficult to imagine a scenario less loathsome than that being served up by state leaders. The naked championing of endless costs in favor OF war or armaments (the tools of mass destruction of others used so casually these days as if without war, the US would have no viable economy) added to this exorbitant lavishing of funds on amoral bankers who have gutted the global economy and made life a living hell for millions... even in fiction it would be tough to devise a scenario this toxic to human welfare, and this bent on eagerly and unapologetically destroying living (eco)systems. It's apparent that not only cream rises. We have absolute CRUD at the top defining the nation's course with clear ramifications that are the equivalent of the new shot felt round the world.
The bottom is falling out of the biggest pyramid scam in history; and when it does, I suspect Poet's gum shoe research into the local sociological implications of increased small arms sales may foreshadow near future events.
"Ideas that could lead to the creation of a corporate state ..."
What do you think we've been living in, Mr. Greider?
"we" will not "bring him down"--he is bringing himself down. i actually believe that there is a former progressive in there, but , he has surrounded himself with neo-liberals and neo-conservatives. it was his choice. he didnt choos e you, unless youre wall st.
Yes, DaveBronstein, that's correct. Greider and many other "hopeful"-type writers we find here in Common Dreams articles have never accepted the obvious: Obama takes millions from Wall Street, hires Chicago School of Economics quislings and former Goldman Sachs officials because that's where his head is at - with the financial elites.
-TIA
"BONUS" What we need is less "BON" and more "US".
Perhaps because it is really about
[ _____ B O N E __ U S _____ ]
npwr.luv: Seems like they're doing a good job of it!
First of all, we keep hearing the word " The Fed" over and over. Too many still think it is a governmental department.
It is a private banking entity that took over the Treasury Department's role in printing money. The Federal Reserve Banks (I think there are 12 of them) stay in business by making money from usury, or if you think the word is too harsh, I'll say from collecting interest on money loaned.
They can help initiate an economic depression or end them, depending on circumstances. The banksters created the financial crisis and the politicians are using our money to keep them in a luxurious life-style while millions of honest working people are losing everything, and are being asked to work for less. Rewarding the masters of deceit and greed is not a solution or remedy for the worsening depression.
Yes sir _ P E A C E M A N, that is it
I've got a bone to pick with them,
[ _____ if I could just reach "it" _____ ]
Yah, we avoid the Bon (bone) by living in a new and better way. Learning to live better on less involves a few simple things, bartering, fixing the old, making due with less, trading skills, cooperating in areas of mutual interest, gardening, eating less meat, respecting all life, renewing one's spirit in nature, learning to play an instrument, singing, lowering use of fossil fuels, dancing, developing a talent, buying local, living small, avoid purchases from national corporations, banking with a local non-franchise bank, avoid borrowing when possible, openly care about others to the extent that you can, avoid excess, keep your marriage whole, spend a lot of time with your spouse and children, dress casual, say no to Washington and Wall Street, avoid conservatives like the plague in politics and business, be creative and share your ideas, support a steeply progressive and simplified tax code, care for your local animals, feed the birds, avoid exotic plants and plant indigenous plants to help the bees recover, do some kind of exercise daily, recycle everything, avoid packaging when purchasing, use cloth bags for groceries, avoid television and excess and tasteless commercialization, send emails regularly to national corporations letting them know that you are not patronizing them because of the harm they do to your life, and join a group supporting the new lifeways. The elites will then bone themselves.
Thank you S T O N E,
Great suggestions ( boneless & meatless ) radiating from reverence for LIFE, into everyone's heart and actions.
Along the lines of your suggestions "respecting all life, renewing one's spirit in nature, … openly care about others to the extent that you can, … be creative and share your ideas"
I suggest that we ALL acknowledge regularly, the LIGHT of spirit reflected and mirrored in each of us -- especially when we meet and greet each other ( as they do in India ), with :
Namaste
____ N A M A S T E ___ M E A N S ____
There is much within this greeting/salutation, a Sanskrit word meaning:
"The Light of God in Me
recognizes and honors The Light of God in You
and in that recognition is our Oneness"
MORE FULLY:
"I honor the place in you
in which the entire Universe dwells,
I honor the place in you
which is of Love, of Truth, of Light and of Peace,
When you are in that place in you,
and I am in that place in me,
we are One."
IN EVEN MORE DETAIL:
"For, Hindu(s), of course, the greeting of choice is “Namaste,”
the two hands pressed together and held near the heart with the
head gently bowed as one says, “Namaste.” Thus it is both a
spoken greeting and a gesture, a Mantr(a) and a Mudr(a). The
prayerful hand position is a Mudr(a) called Anjali, from the root
Anj, “to adorn, honor, celebrate or anoint.” The hands held in
union signify the oneness of an apparently dual cosmos, the
bringing together of spirit and matter, or the self meeting the
Self. It has been said that the right hand represents the higher
nature or that which is divine in us, while the left hand
represents the lower, worldly nature.
In Sanskrit “Namas” means, “bow, obeisance, reverential
salutation.” It comes from the root Nam, which carries meanings
of bending, bowing, humbly submitting and becoming silent. “Te”
means “to you.” Thus “namaste” means “I bow to you.”
be subtle ways of enhancing the gesture, as in the West one might
shake another’s hand too strongly to impress and overpower them
or too briefly, indicating the withholding of genuine welcome.
In the case of Namaste, a deeper veneration is sometimes
expressed by bringing the fingers of the clasped palms to the
forehead, where they touch the brow, the site of the mystic Third
Eye. A third form of namaste brings the palms completely above
the head, a gesture said to focus consciousness in the subtle
space just above the Brahma-randhra, the aperture in the Crown
Chakr(a). This form is so full of reverence it is reserved for
the Almighty and the holiest of Sat Guru(s). the Almighty and the
holiest of Sat Guru(s)."
Shalom.
May you find the love of G*d.
NAMASTE
Shalom.
"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men." Baron Acton in a letter to Bishop Mandell Creighton in 1887.
Although enjoying William Greider's article, "Obama Told Us To Speak Out, But Is He Listening?" missed is a more fundamental problem than entrenched elites. Followed these last thirty plus years is what passes for orthodoxy in the "discipline" of economics. Obsessed with production, effectively it constitutes neo-mercantilism. Unconstrained is production, while constrained is compensation, freeing capital for production. This has evolved, I believe unintentionally, towards increased compensation for the wealthy and decreased compensation for the less wealthy. Why is because human consumption is limited. Correspondingly, as income for the wealthy increases, they do not expend it for tangible goods, they invest it, providing increased productive resources. As income for the less wealthy increases, they expend it for tangible goods, they do not invest it, providing decreased productive resources. Neo-mercantilism being economic orthodoxy, when academically and politically alternatives have been suppressed, no other alternative is available. Concurrently, however, the public no longer accepts neo-mercantilist "trickle down" economic doctrine. Obama apparently having a taste for the technocrat--Secretary of the Treasury Geithner being evidence--while propounding populism, he is caught between Scylla and Charybdis.
"The president is now trapped between these two realms -- the governing elites who decide things and the people who are governed. Which side is he on? If he does not choose wisely, the anger could devour his presidency."
This is a very telling statement, in my opinion. It seems a recognition that our government does not work for the people but for the oligarchy at the top. Thus our Chief Executive does not belong to us but to them, and to insist that we can reach out to him, with a DLC corporate loyalist like Rham Emmanuel guarding the gates, with the way he has surrounded himself with the same old corporatists who practically guarantee the same old solutions, is simply a ludicrous idea.
This nation has long since passed the point in which one might find relief at the ballot box, has come to a time when emails and letters and communications to our elected officials falls upon deaf ears, ears that listen only to those who provide the cash to run elections and the future in which six and seven figure incomes are assured those who did their masters bidding.
Until and unless this nation's concerned citizenry takes to the streets, in endless and massive demonstrations, we cannot hope to turn a government from its single minded course, one that steers the great majority of us onto the rocks.
We just did take to the streets (3/21), but thousands of people weren't enough for the dailies. The Los Angeles Times had 50 words and a photo on page A34. That's their coverage of an antiwar protest.
-TIA
That is very true, and is the reason I delineated the need for endless and massive demonstrations.
I would like to thank you for demonstrating good citizenship, and the same to all who joined you.
"My new book -- "Come Home, America: The Rise and Fall (and Redeeming Promise) of Our Country" -- asserts that we're at the end of the long and mostly triumphant era that started with victory in World War II."
Sorry, I don't think so.
What happened after WWII was that we had the bomb and we had used it to scare the hell out of everyone else on the planet. The Euro-capitalists--with us as their proxy thug--seized the moment and it's been aggression ever since, and on a scale never seen by man. Using the Soviets as scare tactics, it gave them an excuse to build their war machine. And here we are in 2009 and the euro-centric crusade continues (through us, of course) in Iraq, indeed, throughout the world with our 700+ military bases, financial institutions, and media cartels entrenched everywhere.
Thats where the money went and where it goes. To pay off, shore-up and buy protection for our continued expansion, all the while destroying our nation here at home.
There will be no solution to our problems until the leaders --political and corporate in Washington and New York-- are dispatched from power. The time is here. The time is now.
With respect to the author, I'd substitute his book with "Lies My Teacher Told Me" (James Lowen).
Obama will be a one-termer and someone even more right-wing than he will follow as president. That's the price Americans will pay for voting for the lesser of two evils.
Of course, his supporters are still in denial. They're still making apologies and excuses for the most corporatist, anti-labor, pro-war Democratic president since, well, Bill Clinton.
Obama is looking more and more like a monstrous political scoundrel with each passing day.
And if John McCain says "leave Geithner alone", you know the punk ought to be hung from a telephone pole.
Is the president really trapped? Is popular anger even worth noticing?
Popular outrage can only act as a force for change if it is informed outrage – anger that includes an alternative vision of how financial power could be organized and administered.
What we are currently experiencing is quite different. The media campaign over AIG bonuses is a classic diversionary maneuver. It focuses public anger on a tiny 165 million in bonuses while the 200 billion dollar transfer takes place without objection. After some ritual legislation, the outrage over bonuses will be vindicated and the massive transfer can take place unnoticed.
As Greider accurately portrays it, “many people have thrown off sullen passivity and are trying to reclaim their role as citizens.” Yet his very characterization betrays the progressive removal of that role from the citizenry over a period of many decades. Most have long since succumbed to a purely private vision of their role in society and have no model for the role of a public citizen. As David Michael Green put it recently, “Just as in Orwell's ‘1984’, the most powerful effect you can have on people is not by physically limiting their behavior, per se, but instead by getting them to limit themselves in terms of the concepts they are even capable of entertaining.” - David Michael Green, “Barack Obama and the Altar of Greed”, March 20, 2009.
Anger is not enough because anger can be quickly redirected toward new targets when it is convenient. Greider perpetuates the fantasy of citizen action in declarations such as “Timely intervention by the people could save the country from some truly bad ideas now circulating in Washington and on Wall Street.” But how, exactly, can the people intervene? Writing forceful letters to their congressional representatives? Do they even notice such campaigns anymore?
The Obama campaign is a perfect illustration of the realities of American democracy today. He was elected in one of most successful political advertising campaigns in recent memory, largely paid for with Wall Street money. To invoke Obama’s “independent base of support” as a possible counterweight to his Wall Street sponsorship is to confuse cause and effect. The advertising campaign had a deep understanding of the dissatisfaction of the public and used that to garner mass public support. The size of his “independent base of support” demonstrates outstanding marketing effectiveness. This doesn’t mean that those targeted by the campaign are not sincere in their admiration for Obama.
But unfortunately it does mean that they cannot act as a coherent political force. Obama understands this and his efforts are focused, as he says, on redirecting that anger: "I don't want to quell anger. People are right to be angry. I'm angry," he told reporters on Wednesday. Then he pivoted: "What I want us to do is channel our anger in a constructive way." This is precisely the role of the Democratic Party – to act as a lightning rod for those social forces that could push for fundamental social change and redirect them into safe channels where they can help prop up the current order.
Greider accurately characterizes the objective sought by the Obama administration: “Whatever the intentions, this ‘reform’ would effectively legitimize the existence of a corporate state. This concentrated power would be neither socialism nor capitalism, but a grotesque hybrid that combines the worst qualities of both systems. Government and politics would become even more responsive to big money, but also able to tamper intimately with private enterprise, picking winners and losers based on political loyalties, not on performance. Capitalism with its inherent tendency toward monopoly would have the means to monopolize democracy.” Obama’s actions indicate his true loyalties.
Mobilized citizens are indeed the answer, but who will do the mobilizing?
It would certainly be hard to organize, but the single most powerful tool the Citizen has available is the targeted boycott.
This will have a far greater effect then writing ones Congreeman as it the Corporations that are the real power in the lands.
I'm very much in favor of targeted boycott campaigns. However, what would we boycott in order to make Goldman Sachs, Citigroup, and AIG feel pain?
What can we boycott in order to make Obama, Congress, the Supreme Court justices and, most of all, the bankers who own the Federal Reserve feel pain?
I have done some research into this means of political expression and, should you care to also, you will quickly find that consumer boycotts are simply an ineffective form of protest.
Use any reputable search engine to prove this fact.
I wish people would keep your lightning rod metaphor in mind whenever they think of the Democratic Party. The Party insulates their corporate masters from democratic impulses, ensuring that no positive change can ever happen.
-TIA
Oregoncharles
Remember Cindy Sheehan who ran against Nancy Pelosi ... and lost? Cindy has a good article published today on informationclearinghouse.
Her website: http://cindysheehanssoapbox.blogspot.com/
Cindy has been mobilized for a long time, even after she was thrown under the bus by Democrats and "progressives," who thought it better to side with Nancy Pelosi. (embarrassing for true progressives). Ms Sheehan rolled herself out from under that bus and is now spearheading a new movement. I like her insistence that we the people can fight back if we so choose. There are far more of us then there are of them. We just need to be more cleaver than they are, not get sucked in to going along with Democrats who go along with Republicans who go along with capitalist gangsters, leaving the huge majority of people out of the loop, out of luck, out of freedom.
This is Obama's mission. Why do you suppose the financial industry gave him so much money? You think he doesn't know what his job is? You think he's stupid? Charismatic, yes. I'll give him that. Even Greider can't quite accept that such a nice guy could turn his back on suffering human beings in order to fatten the already fat cats. No healthcare for you but bailouts for the rich? We've been duped.
What about the smaller enterprises?! The right question is what about the working class and the poor? And there is no conflict in Obama. Obama has consistently proven that he sides 110% with the capitalist elite, with the rich over the rest. But now there is a nice juicy scandal to prove it. It seems like his administration was involved in making sure the bonuses to AIG and others weren't banned in the stimulus bill. And they might still be involved in restricting the legislation currently coming out to tax those bonuses. Populist anger "could" devour his presidency, but far more importantly, it should, and the sooner the better.
Populist anger won't devour his presidency because it isn't organized and lacks a coherent critique of the current financial system. The bonus "scandal" demonstrates how easily anger can be misdirected to a tiny $165 million payoff while the $183 billion dollar one goes through without comment. Popular anger can easily be redirected to targets chosen by the financial elite. While it could be harnessed as a potent force for change, it won't be unless there is an organization to harness it.
You are wrong. Our lack of spending can bring down the whole corrupt mess. They need us to spend. The farce of recapitalizing banks (i.e. making rich people richer and more secure) while people are losing employment for the purpose of providing "credit" to us to "revive" the economy is a cruel lie being repeated over and over. Hey, if I don't have the money to buy something, now I'm supposed to buy it because you are financing this thing for umpteen years at variable (of course--grin) interest rates?
Try this, Mr. President:
Those with a net worth of $3,000,000 or more go without ANY income (yeah, capital gains too) for one year. All that money is divided equally amongst those with a net worth of $200,000 or less so THEY can make money by starting businesses and lending and helping each other. Yeah, I know, YOUR Boss, Goldman Sachs doesn't like that.
Fine. I'll start spending again when you stop giving my money to Goldman. We are used to frugality; Goldman is not.