For Immediate Release

Contact: 

Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167

In Norway, Obama a "Right Winger"

WASHINGTON - GEORGE LAKEY

Lakey, who is writing a book on Norway, just wrote the piece "Seeing Obama as Norwegians See Him," which states: "I just returned from a research trip to Norway where the people I interviewed often brought up the topic of our new president. The first was Kristin Clemet, the director of a conservative think tank. 'This spring on a delegation to Washington I was struck again,' she said, 'by how different the political spectrum is in Norway from your country. Here, Obama would be on the right wing.' ...

"When Norway hit a major financial crisis in the early '90s (from a real estate bubble and speculating banks), the Norwegians decided against bail-outs. Three of the biggest banks were simply taken by the government, their senior management fired, their stockholders sent packing. The government nursed the seized banks back to health over time while the economy made a quick recovery. The other troubled banks were left to declare bankruptcy or find new capital. Norway's action sent a clear message to the banks: mismanagement and greed don't pay. The result is that today its own financial sector is clean and only needs to deal with the impact of other countries' disasters. Norway's strategy was very far from Obama's bank-friendly game plan.

"When Norwegian oil was discovered, the country decided not to risk putting their new treasure in private ownership. Norwegians were therefore able to lead the world in environmental responsibility and to avoid boom/bust impact on their seacoast cities. Most important, Norway has been stashing the oil profits in a public, socially responsible 'Pension Fund' that will support the Norwegians' famously high living standard for many generations to come.

"Half a century ago Norway already had a universal health care system that is simplicity itself. There's a single payer (the government) and minimum red tape, something like Medicare but for everyone and better. The entire political spectrum supports this. By contrast, Obama says he backs the failed U.S. private insurance scheme and his team is wobbling on his own modest proposal to add a public option."

Lakey is author of several books, founded the group Training for Change and is now directing a research project at Swarthmore College.

###

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Won't Exist.

A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.

Share This Article

More in: