Tuesday, January 12, 2010

One Year Later

Has Obama Destroyed His Presidency?

Not once did I imagine during the 2008 Presidential Campaign, that it would come to this. I gave Obama every chance.

"It takes time," he said, "to turn the ship of state around."

So we gave him time. But now, listening to these two men, Matt Taibi and Robert Kennedy, both of whom are extremely knowledgeable concerning the political scene, Taibbi writes a powerful column for Rolling Stone Magazine; and Robert Kennedy Jr. who for obvious reasons knows politics from the inside. They both admired Obama from the beginning; voted for him.

Now we are all very disillusioned.

The difficulty really is that during his campaign, Obama took hundreds of thousands of dollars from the Wall Street Banksters. Originally, he had promised he would not take money from corporate interests. So the day he entered the oval office he ditched the team of progressives he had around him during his campaign and that's when he invited the conservatives into the Whitehouse. These are the same guys who created the economic disaster in the first place. Geithner needs to be booted out. Bernanke needs to be booted out. The Federal Reserve needs to be dismantled. The solutions they have come up with are the same old crap they've been doing to Main Street the whole time.

Toxic Assets!

Toxic Derivatives!

That is exactly what sank Enron!

And the morons are still trying to make it work by doing what they have always done. And it is only leading us into a deeper depression.

We may never get out of this one. Those jobs are gone forever. You are lucky if you don't work for a corporation. You create your own work. When things slow down you find a way to stir things up again, get the money flowing. The rest of America is going to have to do precisely that. The only new jobs are coming from Green energy. And that is exactly what the progressives have been saying all along. And there will be many more Green Energy jobs. But there needs to be investment. And the banks won't loan money. They just take the 2 hundred billion or so of taxpayer money and then don't give the taxpayer a break. Myself I don't see any way out of this other than to take matters into our own hands and dismantle the old economic Capitalistic system before it dismantles us.

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