The Mystique of “Free-Market Guy” Obama
Obama has continued most of Bush’s anti-democratic policies and flubbed any attempts at “change.” Evidently his primary purpose is to convince the American people that Corporate Rule is unassailable. It’s not the first time Democrats have pursued popular policies in ways that are Designed to Fail.
“……Some activists still see Obama as a brilliant political superhero who — although maddeningly slow to fight back against his opponents — always manages to win in the end … like Muhammad Ali defeating George Foreman.
……The president has a huge bully pulpit, which he’s largely squandered. I’ve heard him discuss health care close to ten times in recent weeks without once hearing him rally the public against the corporate greed that leaves our country No. 1 in health care spending and 37th in health outcomes, on par with Serbia. Without a populist challenge to corporate profiteering, what’s left is either a bloodless debate about “cost containment” or a right wing debate about “big government.” Neither mobilizes the public toward progressive change.
Recent U.S. history shows that you can’t serve corporate interests at the same time you’re seeking reform — of health care or Wall Street or any other sector. Not when big corporations are the problem … and the major obstacles to change.
…….If Obama is radical about anything, it’s about not rocking corporate boats.
That’s why he received more Wall Street funding than any candidate in history and why — before he was a front-runner in early 2007 — he was raising more money from the biggest Wall Street banks than even Hillary Clinton and Rudy Giuliani, presidential candidates from New York.
That’s why — as soon as Hillary left the race — he went on CNBC and assured big business: “Look: I am a pro-growth, free-market guy. I love the market.” “