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    The Tragedy Of Obama

    Following is a very brief piece written by Michael Lind I just read over at Salon titled "The Tragedy of Obama".  It says quite a bit in a very short space.  I recommend it to all.  Brief as it is, it provides a great deal to think about even if one doesn't agree. 

    I also highly recommend Glenn Greenwald's column published today titled "Blame The All Powerful Left" which can be found at this url:

    http://www.salon.com/news/opinion/glenn_greenwald/

    Greenwald pretty much destroys the specious arguments coming from some wanting to blame the left for the train wreck that took place up in Massachusetts yesterday and is certainly worth reading. 

     

    The Tragedy Of Obama

    Obama's minimalist caution falls short in a time of great need

    By Michael Lind

    The key to understanding Barack Obama is one simple fact: He received more Wall Street money than his Republican rival John McCain and his rivals for the Democratic primary nomination. What did the investment bankers and hedge fund tycoons think they were getting for their investment? Progressive supporters of Obama might have hoped that he would turn the clock back before Reagan and promote a new New Deal. But Obama's financial backers had no problems with the "Reagan settlement" that Bill Clinton had ratified in two terms, just as Eisenhower in two terms had ratified the "Roosevelt settlement." Obama's supporters in the corporate elite thought that the country had taken the wrong course, not in 1980, with the election of Ronald Reagan, but in 2000, with the election of George W. Bush. The second Bush had destabilized the post-1980 system, by becoming -- to the surprise of everyone who thought he would be like his father -- the tribune of the wacky neo-Confederate right. Obama's task was to bring about a restoration of the pre-W status quo that would be acceptable to center-right Democrats and moderate Republicans, while keeping the wingnuts at bay and buying off the progressives with rhetoric and token gestures.

    In foreign policy, despite grumbling by progressives, Obama's caution has served the country well, following the reckless militarism of the Bush years. But in domestic policy Obama's New Democrat version of Rockefeller Republicanism is utterly unsuited to the challenges of our time. The central idea of the post-1980 Reagan settlement, shared with the "reinventing government" ideology of Clinton and Gore, has been corporatism -- the outsourcing of public functions, including war, to for-profit corporations. With the exception of his student loan initiative, Obama has pursued a corporatist agenda that includes achieving universal healthcare by forcing more Americans to buy defective products from predatory insurance companies, and trying to address global warming by creating a rigged market for carbon that would enrich speculators while raising energy prices for American citizens and productive businesses.

    The tragedy of Obama is that his kind of cautious minimalism would be a virtue in an era of peace and prosperity, but is a vice in an age of national and global crisis. Our times call for determined and, if necessary, crude leaders willing to knock down rotten structures that can no longer be patched up. It remains to be seen whether Obama's tragedy is America's as well. 

    Comments

    I don't know that tragedy is the word. I mean I think a guy has to really stand for something and to have accomplished something before he becomes a tragic figure in failing himself and others. LBJ was a tragedy.

    I try not to pile on Obama, because he's really just a symptom of the problem, i.e., the utter fecklessness of the Demcratic party.

    I knew as early as the FISA vote that Obama wasn't going to be who I wanted him to be. I certainly knew by the time he put Hillary at State that he'd played the anti-war crowd for fools.

    But I won't forgive him for playing with the lives of tens of millions by not taking healthCARE seriously. It didn't have to be a pork bill. It didn't have to be a corporate welfare bill. It didn't have to be the Lieberman-Nelson bill. It could have been and should have been a bill with heart and soul defining what it means to be a social justice Democrat in the 21st century and defining a way forward in solidarity for equity for the middle class. Instead he used it as political tactic to make his mark before 2012. He didn't care about the issue and the people could tell.


    The anti-war crowd was only fulling themselves if they even bothered to listen to any of Obama's foreign policy speeches.


    Bluebell -- there have been times, during the primary and since Obama took office, when I have read what you wrote and thought: "Er, maybe; yes -- I can see why at the extreme edge of accountability, what you say might be exactly right...but, Bluebell, surely your view is extreme, surely the truth is somewhat between A and B.....
    Until -- now.
    Bluebell, I think you are absolutely right when you say:
    "It could have been and should have been a bill with heart and soul defining what it means to be a social justice Democrat in the 21st century and defining a way forward in solidarity for equity for the middle class. Instead he [Obama] used it as a political tactic to make his mark before 2012. He didn't care about the issue and the people could tell.
    Bluebell : sad, but actually true.


    All you need to know about Michale Lind is that he is too lazy or incompetent to know:
    (1) that Obama raised so much more money than his rivals that the sentence "He raised more money from the ______ industry than McCain and his other rivals" is true, no matter you fill in the blank with.

    (2) that he collected twice as much from "retired", "lawyers/lawfirm", and "education" than from those in"securities & investment" and "misc finance". What did all those retiree think they were buying???

    (3) that Obama raised close to $700 million and a mere $20 mil came from "wall street"(that's about 3% for those of you who had no chance of getting a job on Wall Street). As a proportion of total contributions, McCain raised nearly twice the percentage from Finance, Insurance & Real Estate as Obama did.

    (4) that a determined person can make up enough "facts" to justify whatever preferred narrative they have to explain the world.


    I don't think I would call LBJ a tragedy. LBJ had some guts. Right or wrong he stood up for what he believed in which is a lot more than I can say about these centrist dems.

    The only thing I can remember from my HS Senior Math class was said by the teacher just before he resigned after the teacher's strike.

    "There comes a time when you have to make a decision. Right or wrong you have to make a decision."

    C


    Agree


    Additionally, Obama did not take PAC funds. All the money he raised from whomever came from individual donations. They may have bundled it but is was individual with the limit of $2500 per person

    Any time someones tells me what someone's state of mind is I tend to disregard what they say.
    Conspiracy theories may give one comfort as a way of explaining something complex - but that does not make them true.


    geez.

    Obama showed early by his appointments where he was headed.

    That's why I became an early critic.

    If there is any tragedy it is a real Progressive agenda that the country would have embraced and assured the dems power for a generation is now lost and I don't see how we get another chance.

    Everyone now hopes Obama turns 180 degrees and becomes what they thought he was when they voted for him.

    I hope so to but it does not mean I have to pretend about what he is until he changes.

    I warned early that the people would never continue to support someone they viewed as being weak.

    How many here could argue they are not frustrated by Obama refusal to stand up to his critics and his inability to fight for the things we believe important?

    As long is he is viewed as being weak the people will believe they are doing the right thing by opposing him.


    Is it possible the Wall Street crowd figured it out?

    This Obama phenomenon, this Obama train, was leaving the station, either you get on board or you'd be left behind.

    Problem is; Obama forgot Wall Street only came on board AFTER the grassroots had brought Obama the early victories.

    Wall street fearing being on the wrong side of the populist movement, decided to curry favor with Obama and Obama reciprocating.
    Money talks and the peasant class walks

    Obama forgot, the grassroots base provided the initial inertia; otherwise Obama would have been another flash in the pan.

    Maybe fools gold?


    This is especially true of independents and "low information" types who are heavily influenced by perceived alpha-dominant traits.


    lol

    when you have the anxiety that the country has now because of the economy the people do not want a weak leader.

    they feel even less secure.


    So you want a beta for President?

    "Who's leading this pack?"

    "Not me! I'm just a harmless lap-dog!"


    I couldn't disagree more with Lind's dishonest assessment, and his revisionist history absolving Wall Street of the Bush Era is disgusting. Oh! The money people were appalled by this "neo-Confederate" totem in the White House, were they? Hogwash. Under Bush II, Reagan/Clinton deregulation became full-out non-regulation and the banking and investment industries lapped it up. Yeah... it was all the fault of those gun-loving hillbillies and their throwback President. Don't blame us filthy rich for the meltdown! But way down here in the real world, Wall Street loved Bush and threw in with Obama after his team started getting populated with the likes of Larry Summers and Robert Hormats, and other "old reliables". They screwed us and now they want us to kiss them.


    That sounds a lot like W.

    When did Bush finally admit it? When he went and cowered behind all the skirts around him, hiding from Dick and the Neocons?


    Bush may have been the Prez, but Cheney was the Alpha.

    SO, I suppose his new Glass-Steagall redux will somehoe get labeled "desperation tactics" despite the fact he's been working on it since BEFORE he came to office.

    Re-regulation of the financial sector?

    De-cooking the books?

    Un-derivitiving?

    And I recall, he did mention this more than once, both before and after election. But now that he's bringing it to it's eventual fruition, to protect The People from unscrupulous financial managers, he will be accused of pandering to "the left."


    "They screwed us and now they want us to kiss them."

    I think you meant "raped".

    Otherwise, spot-on.


    Actually Resistance, Wall Street was on board from the jump with Obama. So were the health insurance and drug industries.


    sorry, this comment was meant as a reply to resistance earlier


    "That's why I became an early critic."

    Could you post a link to something you wrote BEFORE you were a critic?

    I'd like to see that conversion process take place in your personal timeline.

    Surely you have posted something somewhere that assures us you have not always been critical of Obama, and therefore certifies your veracity on this post?


    "Obama wasn't going to be who I wanted him to be."

    Do I need to point out the narcissism dripping from that sentence?


    "could have been and should have been a bill with heart and soul..."

    ...should have? you bet. I agree wholeheartedly.

    Could have?

    That is just naive.

    Until we detach our politicians from the corporate teat, don't ever expect them to accomplish what is best for their street-level constituents.

    I'm all for pointing fingers at the guilty parties, but blaming Obama for what 10,000 beltway insiders have accomplished over the centuries just defers everyone away from the real problem, and that is Big Money in control of Government.

    And considering that the Supreme Court's Corporate 5 just made their corporate breastfeeding legal in public places, the obstacles are not going to diminish, quite the contrary, the free-for-all is just beginning.



    "SO, I suppose his (Obama's) new Glass-Steagall redux..."

    Didn't want anyone to think I was talking about Cheney reversing Glass-Steagall, that would surely be Bizarro world!


    That's utter nonsense, built on too many fallacies to count. One of which is that everyone who contributed money, and lists an employer in the finance industry was giving money in a coordinated effort to sway the policy choices of the potential administration. And where are you making up the idea that somehow, big finance was their with the cash at the end when it mattered. That's total BS.


    What conspiracy theory is supposedly true about Obama?

    Enough with the riddles. What you saying he did or might have done. In plain English.


    The Left agrees that it's not at fault, we know. The Center also wasn't at fault according to them, nor the White House, nor the state party, nor the Kennedys, nor Coakley's team.

    Whatever group we're in, the first thing we know is that we were not at fault.

    The explanation is only provided to support the pre-existing conclusion.


    Oleeb, I agree with most of what Greenwald wrote about the ridiculousness of blaming the left.

    Lind's article, not so much. That Obama is beholden to America's brand of market anarchy, well, yes, there's a lot of evidence to back that up.

    As SF Curt points out, though, so too was Bush--maybe the lack of regulation that preceded Obama's term made it even harder for him to resist the power of industry.

    Couldn't one argue that Obama is only a cautious minimalist with regard to the progressive movement, or the left, but to corporations and pro-business, he's anything but a minimalist?


    Whoever's fault it is, I find myself most concerned with the continued result. Banks in crisis? Banks get money. Health care crisis? Pass a law requiring people to give money to health care companies. The money keeps ending up in the hands of giant companies and those who run them. That's a problem.


    Yup, and at least after LBJ made the wrong decision over Vietnam he had the grace to withdraw. I don't know if we've seen accountability in high office since. Man, this country is in trouble when this old anti-war protester is defending LBJ.


    What's more narcissistic than voting?


    "The Obama campaign downplayed McCain's fundraising figures Thursday, noting that Obama has more than 1.7 million donors and that,

    unlike Obama, McCain is getting help from federal lobbyists.

    The Wall Street Journal quoted Obama fundraisers as saying the Illinois senator was struggling to win over Clinton's donors, and it suggested his move to the center on certain policy issues has turned off the liberal-leaning, small-dollar donors that have made his fundraising so successful.

    The Associated Press contributed to this report.
    http://www.foxnews.com/politics/elections/2008/07/11/obama-camp-disputes-accounts-of-sagging-donations/

    The Man Who Made Obama
    November 3, 2009, 9:45 AM
    Finally, as campaign manager of Obama for America in early 2007, Plouffe was charged with building an underdog campaign for president from virtually nothing — no money, one office, five staff members, and a few dreams from one's father.

    He told them, We have to beat Clinton. She has the establishment support, she has this huge system of money-raisers, so we must create an alternative network.

    Read more: http://www.esquire.com/features/david-plouffe-0309-2#ixzz0dHv1uVIS

    The grassroots, kept Obama in the race and as he was surpassing expectations.
    Clinton was the hands on favorite, but the grassroots proved the pundits wrong.

    Imagine the big money folks now recognizing this phenomena saying, “we must get on this train for fear we won’t have any control on the direction. Let us try to get some concessions from Obama first.”

    Then Obama moved to the center as recommended by the big money donors, handlers, and corrupters.
    AIG even contributing, and in return we saw how that paid off.

    Without the grass roots effort supporting Obama, he’d have been a flash in the pan in the early primaries.

    Clinton would have kept the big money donors in her camp except; the big money donors recognized the inertia of the Obama train.

    Did Big money highjack the train, or did Obama sell out the grassroots?


    Blame the Left?

    That's like blaming a rube for getting cheated at a carnival midway, or getting angry at the ventriloquist's dummy for what was said, or criticising an imbecile for flunking out of medical school. Besides, even if it were the left's fault, blaming them is about as classy as cursing the deaf, or performing pantomime for the blind.


    Stockholm Syndrome?


    Ohyez