The relationship between Goldman Sachs and the Obama administration is way too cozy, and I wouldn't be surprised that if the scales swing back to an empowerment of democracy, that heads roll in the courts. It is amazing to see that the people who engineered the deregulation under Clinton, that lead to enormous fraudulent privately held wealth and a decapitation of the middle class, are in total control of the bailout and the financial future of America. Again, it is unfortunate to say.... but what that indicates is a weak presidency. Putin would have gone in with his gang and arrested them, and drawn power to the state, but not in this day and age in America. Clinton was a con who needed to be loved by all means. Obama, for whatever reason takes it one step further. Obama has a deep psychological need to be loved by his enemies and childishly he thinks that somehow it will give him power over them and he will master them. Other than clear betrayal, that is the only clear explanation of why Obama sold out the promise of 'Change' to vultures like Geithner, Bernanke, Summers, and why he has staffed his administration with people that work for the nuclear lobby, for genetic modification, for chemical farming, against organics (etc.etc.).
Apparently, Obama is not just beholden to the Wall Street Banks. Somehow touched by the poison of corruption and co-dependency, a robust public option health care bill morphed into health insurance reform that forces people under penalties by the IRS to sign up yearly for one private insurance or another. So here you got it: the corporate interests, such as insurance and pharma that wrote the law in concert with the Obama administration and congress, can now make use of the tools of government (the IRS in this case) to enforce 'toll' to themselves. Really....I am not kidding...that is an indication of fascism.
And meanwhile the US two largely privatized wars keep going on or are expanding, in many ways only visible to the Americans by the human wreckage that is returning home from the war or the desperate atrocities that happen here such as the killings at Fort Hood or an epidemic of suicides and spousal abuse that tear the seams of civilization.
So.... you can see.... that I am not happy with Obama, and please don't think that it will be a victory when Obama attends Copenhagen. What that really means is that the definition of success in Copenhagen will be watered down to such an extend that Obama will be able to claim victory with almost no commitments to CO2 reductions by the US on the table. Watch out for that. It is like getting the Nobel price for peace and meanwhile sending in more troops. It is the one dimensional man needed to sell the plan.
Obama will try to direct money to nuclear energy interests instead of alternative energy, and he will commit to the Cap and Trade model, since this gives plenty of opportunities for Wall Street to make hay out of monetizing these models, and weave them into endless webs of derivative value (of real trees...) that can then mysteriously be traded and will form the basis of the next speculative bubble being perpetuated on an exhausted world.
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