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« WHO WAS THE LAST TO SEE MITRICE RICHARDSON? | Main | The politics of healing; Dr. Jewel Pookrum »
Thursday
Sep242009

Mr. Obama are you practicing Reaganomics?

We are being sold a bill of goods. What’s more wicked is most of us are buying the bill. Like the Chinese, constantly buying IOU’s in the name of U.S. Treasury Bonds, the U.S. public constantly buys into hope and no change. President Obama has proved to be exactly what he is, the poster boy for marketing and snake oil sales. When I’ve spoken to others of the Black Collective the response has gone from “give the man time” to “he is only the president, it takes congress and the senate to get things done.”

This president has actually done nothing for the everyday citizen, nor anything different than the previous administrator. He has had the opportunity to repeal the most oppressive parts of the Patriot act and he has not. He has kept many of Dubya’s appointees, including Ben “Bankster” Bernanke who has quietly pumped a trillion dollars (which doesn’t include the T.A.R.P. funds into the ever failing banking system.

He’s kept Robert Gates to prosecute the war in Afghanistan. But, if history proves to be a fortune teller, a war in Afghanistan is a sure loser. Afghanistan has never been subdued. The will of the Afghanistan fighters, the weather and the terrain have proven to bring down giants in the past (just ask Russia) and I don’t think the U.S. has the will to defeat them. This is not to say the American soldiers, sailors, airmen and marines don’t have the skill, but may lack the will and determination to prosecute this war to a successful conclusion.

But, more importantly Obama is silently pushing what looks a lot like the Ronald Reagan theory of economics, the trickle down theory. Reaganomics. Remember during the campaign he mentioned that he admired the Reagan presidency. His insistence on pushing funds into the banking system, appear to be a “hope” that the banks will loosen up credit to other businesses and will trickle down to the everyday consumer. This sure smells like Reaganomics to me. It didn’t work for the masses of U.S. population then and certainly is not working now. The banks have not loosened up credit and are continuing to fail.

Its obvious there will be fewer jobs. When we look at the auto industry alone we see fewer models being made, which means fewer manufacturing lines, which means less people working directly for the car companies. This in turn means less people working in the smaller companies that manufacture lights, bumpers, seat belts, etcetera. I suppose this would be the reason the president is pushing so hard for some sort of health care reform since he is well aware a recovery will not entail employment (Raw dawg Buffalo postulates a recovery is not possible without employment.) This should signal our sensory perception that this man has no intention of putting people back to work. At least not like it was before this recession/depression. All in all there is still money to be made, but now is the time to dig deep within yourself and pull out the business woman or man trying to get out.

This healthcare madness really has me thinking deeply about the full effect, and how its going to play a roll in the coming economy and with our personal lives. Health care, the economy and you.

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