How Obama as Nothing But a Tool for Concentrated Power
Excutive Summary
- Obama Selling Out
- Larry Summers and Obama Are Coming After Us Next
Obama Selling Out
The rapidity with which Obama has bought into every position promoted by the elite is absolutely spellbinding and makes one wonder if Obama believed a single speech he gave on the campaign trail. Obama lawyers have recently argued that Department of Justice officials that violated the constitution can not be prosecuted because anyone who works for the DOJ has complete immunity. This is the exact position of George W Bush’s lawyers! It also happens to be an illegal opinion and shocked the federal judge that had to listen to it.
In the areas of the economy, Obama’s adherence to the desires of the financial industry make it appear as if he was raised a Rockefeller or Vanderbilt. See this quote from Global Research.
The story is worse than just “Pres. Obama labored, and brought forth a mouse.” He is morphing into Joe Lieberman in reaching across the aisle for Republican support – and no doubt future campaign contributions from the financial sector. There also is a touch of Boris Yeltsin in sponsoring a financial “reform” disturbingly similar to what advisor Larry Summers backed in Russia – relinquishing government power to a banking elite (the notorious “Seven Bankers” in post-Soviet Russia). The Financial Regulatory Reform proposal promotes Wall Street’s “product,” debt creation, at the expense of the economy at large, and lets financial chieftains continue to self-regulate the debt industry – and by the way, to keep all their gains from the past decade’s worth of fraudulent lending, scot-free.
Larry Summers – A One Man Economic Disaster
Larry Summers (along with Jeffery Sacks) was one of the utterly corrupt economists who eviscerated Russia by providing IMF-style economic “advice.” — coming up with the brilliant idea of stripping Russia of its assets and selling them to what eventually became the oligarchs. As we know Russia never recovered after advice from American economists and consulting firms, who cleaned up — Goldman Sacks style — now doubt eating at the finest Russian restaurants, while their corrupt advice caused Russians to have to sell their family heirlooms in makeshift markets in order survive. The American economists at the time called this act of desperation the flowering of — “Russian entrepreneurialism.” — no doubt between spoonfuls of Beluga caviar. As an American society we bear a tremendous responsibility for what we did to Russia, yet almost no one even knows about it. Of course its hard to have a conscious when you don’t know history and spend most your time either in front of the TV or at the local mall. Taking responsibility for your society’s actions won’t increase your income or status…so what’s the point really?
Larry Summers and Obama Are Coming After Us Next
Larry Summers has one of worst track records of any living economist of comparable prominence, and Obama makes him the head of his Council of Economic Advisors. However, that is just one of his many jobs. He works for a hedge fund peddling influence for $5 million per year, plus god knows what other directorships and think tank boards he sits on. Because of the massive piles of money the financial industry literally throws at him, he can only represent their interests. Their objectives are simple…concentrate economic power and financialize the economy. Unless the non-elite get with it, they will suck as much out of the economy as possible….just as they did with Russia.
Conclusion
It pains us to say this, but Obama has scammed everyone who hoped he would be different. He never clearly never believed anything he was saying and is a more suave version of George Bush — or at least 90% of him. It is clear now that no US president is running anything, but is a paid actor for an increasingly out of touch elite that pulls their string. Obama’s statements are pure rhetoric, the best thing to do when Obama begins a speech is to change the channel. If you want to be lied to, why not watch an infomercial? Now begins the long process of opposing him. It would be nice to know what democracy actually tastes like in our lifetimes. It is difficult to see why we needed to have an election to get more of the same policies — but with a prettier wrapper.