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Obama: Money Power's Point Man

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Stephen Lendman
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Obama is money power's point man. He takes orders and salutes. He prioritizes destroying America's social contract. Domestic budget cuts will be made on the backs of ordinary people.

On January 14, he did what he does best. He lied. He's a serial liar. He's a moral coward. In the White House East Room, he held his final first term press conference . Duplicity substituted for truth.

Republicans and Democrats agreed years ago to erode vital social benefits en route to eliminating them altogether. Obama pretends otherwise.

"They (Republicans) will not collect a ransom in exchange for not crashing the American economy," he said.

"The financial well-being of the American people is not leverage to be used. The full faith and credit of the United States of America is not a bargaining chip."

Remember years earlier. He stressed "shared sacrifice." Left unexplained then and now is who shares and who sacrifices.

Things haven't changed. Rhetoric belies hardline policies. Political theater conceals harsh realities.

Duopoly power runs America. Global monied interests own it. Not a dime's worth of difference separates Democrats from Republicans. On issues mattering most, they're in lockstep.

Ordinary Americans have been targeted for decades. Since the mid-1970s, average inflation adjusted incomes for most people fell. 

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