Glen Ford:
...President Obama has taken the lead in dismantling the Democratic coalition assembled by President Franklin Roosevelt, in the 1930s. In two short years in office, he has gone for the jugular, targeting unionized teachers as the villains of education, thus setting the stage for massive corporate penetration of public schools through charterization. Obama played the same scapegoating game with federal employees, blaming them for budget deficits and imposing a wage freeze.
American presidents are said to have the biggest “bully pulpit” in the world. Obama uses his bully pulpit to tell the people that unions and public workers are the enemies of society. As a Black Democrat, he's much more convincing than the Republicans – which is what makes him so valuable to the moneyed classes.
Next, the public is softened up to the idea that local and state government will go bankrupt, and that the problem is public employee pensions. In steps the Democrat Richard Daley, outgoing mayor of Chicago, who says employee pensions, which are huge government obligations, should be allowed to go bankrupt.
Daley was just playing the stalking horse for the hedge funds and other financial Dukes of Disaster who have been using derivatives to make bets on which cities and states will default on their obligations – just as they have been doing with the smaller nations of Europe. Creating a public hysteria ups the ante and also hides the fact that it is Wall Street that is creating the crisis, through its financial dealings and its purchasing of Democratic politicians. The banker-inspired hysteria creates a self-fulfilling prophecy of social, economic and political destruction. And one of the messengers of the evil-minded prophesying is Barack Obama.
But you gotta vote for $omebody, right? Although one gets the impression over the years of $elections the votes land on the money- or is it the other way around?
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