Obamanomics: A Counterhistory

It's not as if we hadn't tread these waters before.  We had a blueprint for how to get through this recession Depression with what FDR did in the 1930s.  We even had a blueprint for how to avoid the stall we're in now, from when FDR caved to Republicans after the initial stimulus funds had shown positive effects and he took his foot off the gas (stimulus funds) at their demand.

The stimulus was weak tea.  Intentionally.  Just enough to let us believe that Obama and Congress were doing something, but little enough to let the fleecing from continue.  It was just enough to keep us from marching on the White House and Congress with pitchforks and torches.  Politicians' intent was never to restore what's been stolen from us.  It was just to stonewall and stall for time, misdirect our attention, so that the corporate class could keep on keeping on.

Obama's in office to mellow-tal­k us into accepting that which we'd never stand still for if we had contentiou­s fire-in-th­e-belly Democratic politician­s actually fighting on our behalf. Obama's in the White House to ease us into accepting the greatest heist in the history of the world, and never even think about trying to get back the money that 's been stolen from the middle and poor classes.
What Obama's doing is presiding over the end game of America, letting the 'Haves' pick the (our) bones clean.  The more we see of Obama in action, the more 'deals' he makes, the more people realize that Obama's a continuati­on of the cruel policies of BushCheney­.  You don't put a Tim Geithner into the Treasury if you're a man of the people.  You don't put a Larry Summers in to head your Economic Council.  You don't put a Bill Daly in as your Chief of Staff.

Both parties' politicians have signed on to deregulation and privatization of America's resources, and yes, dismantling the New Deal and Great Society programs.  Programs that created the greatest middle class in the history of the world.  For 4 decades, the poor and middle classes have been losing economic ground, and that's been the plan of both parties, despite the rhetoric from Democrats.  Nothing that has happened in the last 40 years happened without the Democrats signing on.  

Do you see Obama calling for the reinstatement of Glass-Steagall?  
Read the Article at HuffingtonPost