I sure hope Obama gets to enact his vision. He’s up against some mighty adversaries. Even his supporters are mad. I think the left is disenchanted because Obama didn’t start the “green jobs” first, thereby bailing out working people who are becoming jobless and homeless in record numbers. Seniors are selling their homes, and taking their social security on the road with them in their RVs. (Thank God Bush didn’t get his Silverado hands on Social Security, or old people would be starving in their rural farmhouses, like they did in FDR’s day). Americans, in general, are mad that we’re tooling around in Afghanistan, while workers from other countries take the jobs, at home, that used to be done by college kids and high schoolers on summer break. They’re bitter about the “peaceful invasion” of foreign workers, that is so reminiscent of the last days of the Roman Empire, when Gauls and Goths came to work in Rome, to immerse themselves in the “Empire Experience”. They left their failed cultures behind, only to collapse the host, as they brought their cultures with them. Guatamalans will not so much become Yankees as much as the Yankee state will become Guatamalan. When people come to another culture en masse, the result is an invasion of culture. (That’s why there are immigration restrictions. Let people assimilate before we let in the next wave…)
Of course Yankees are angry about lots of things. This state of mass homelessness and joblessness is due to international unbridled speculating on American homeowners’ morgages, which were issued in record numbers, to people who were not economically stable. The people who issued the morgages were unschooled, untrained, and working without salary, purely on commission. They closed their eyes to people’s real ability to pay for their homes, the idea being was that people would live in the homes for a few years, then sell the place at a profit. People with minimum wage jobs were buying 300k houses, paying their closing costs with money orders, not even possessing checking accounts. (I knew a few ex-thugs who were sub prime lender dudes. I don’t think they were even vetted for criminal backround checks. I know two who had never gotten through the GED) These “Morgage Brokers” hustled families with marginal imcomes and saddled them with balloon payment agreements that they could never read, much less handle. The brokers made their commissions.
Obama didn’t allow that monster scenario, Bush did. Sub prime morgage lending could have worked, if there were more good paying jobs in industries here in the US, so that when one lousy job fell thru, there was another one to be had. It could have worked if people were screened better for ability to repay a morgage. But, even in the Bush era, there were no real substantial jobs to be had. The last economic surge was in the late 90s, during the Clinton Administration. The internet went public. Programmers and dot commers abounded. But those were the last American Widgets. Since the Bushes (and Clinton) did nothing to protect US created goods, and refused to put import taxes on stuff from overseas, there was no economic base. We had a house of cards. Those sociopaths on Wallstreet and London and Zurich knew full well that a nation that has a negative balance of trade, a nation that doesn’t produce anything, can’t last. DUH. They’re MBAs, the morons. They knew what they were doing..They just didn’t care. Just as long as they got their zillion dollar bonuses, they said “Damn the Torpedos”. Any banker or broker who didn’t adhere to their little code of ethics ,was tossed out.
Unfortunately, the trainwreck is occurring now. This administration was faced with a global collapse that took place 2 months before Obama was sworn in, and people forget that.)
Personally, I think Obama underestimated the hostility of the right wing. He was born way after the 1930s, but in those days, almost 100% of the Senate and Congress who were REPUBLICANS were also KLANSMEN. He is from hippy-dippy, love and peace Hawai’i, and doesn’t really know the depth of these people’s evilness.
In a way, FDR was in a better position, cause he came out of the American aristocracy, and was considered by the capitalists to be a traitor to his class. He welcomed their hatred. He stood up to them because he knew their vileness.
What’s freaking me out is that I think Obama is a people pleaser. Put one person in the room who hates him, and he’ll be trying to make them his best friend. FDR would watch his enemy, but work with everyone else. The right wingnuts and war industrialists are like the junkies who want to suck all the oxygen out of the room. Let them go. They had their shot, and need to get out of the room. (Put someone on them to watch them, of course, so that they don’t rob the family jewels again).
Lots of lefties expected him to be a peacenik, because he was against the Iraq war, but he went to Berlin 2 months before the election to drum up support for an Afghanistan invasion. The European people dug him, but were less than excited about going into a nation where Alexander the Great, Napoleon, the Russians, the Brits all had tried to conquer. (I was in Germany soon after, and the Germans are not excited about war, any time soon..nor were the Danes, Japanese and Brits I spoke to..)
Obama said he wanted to use nuclear energy. Now, this is an ongoing discussion in my home, my son is for it (like Obama) and I’m agin’ it (more inclined to let NASA loose on that issue, and hook us up with a nice geothermal setup..environmental exploration was part of their mission statement, until the Bushies took it out about 5 years ago, but I’m figuring they’re gonna put it back in)
Personally, I think the housing crisis needed to be righted, the overinflated housing prices that seemed to double every year..Ditto the credit crisis, with people being charged 30% “juice”..hell even a Brooklyn kneecap busting loanshark doesn’t charge that much..and the only difference is, the kneecaps the credit card companies “bust” are people’s credit scores, which keep them out of apartments, jobs, good morgages, etc..
Obama’s working to rein that stuff in.
I think the Lefties wanted the troops home, the government to do what Johnson did in the 60s, like the Job Corps, Medicare, Medicaid, and fund start up neighborhood businesses.
What would have happened if free market economy was allowed to fall on it’s face? If AIG was allowed to crumble? The people that govern said a crisis was averted. The people who were advising the Obama Administration, when they came in were the same people who were responsible for the collapse. The wolves were guarding the henhouse. I think Obama was hoodwinked by these con men who are of the same industrialist/warmongering ilk that have been trying to commandeer the US govt since it started.
How about a GOVT bank? Obama suggested that. Right now the Federal Reserve is privately owned. Gov’t loans from the Gov’t bank. Give these schmucks a run for their money.
I’m personally disappointed that Obama doesn’t even have the “public option” for health care in his new bill. The insurance company are kicking more people off the roles, and making record profits. I think health care should be non profit..
Ultimately the joint is a house of cards, unless we start making things to export. Green energy is fine, great, necessary. Just don’t let turbines and windmills from China in the door. As long as freighters full of goods from the East keep coming in, and empty containers keep leaving our harbors; Houston, we’ve got a problem.
{ 0 comments }
