Monday, November 10, 2008

OBAMA'S PRESIDENCY

There’s no quick fix. In fact I’ll go so far to say that this is a war between those who believe that the advance of technology is the best solution for human ills and those who believe that we got off the track somewhere a century ago, two centuries ago, five centuries ago, and we’ve been going in the wrong direction ever since, that the purpose of human beings on earth is not to obtain more and more technological power but to refine our souls.
Norman Mailer


What saved the economy, and the New Deal, was the enormous public works project known as World War II, which finally provided a fiscal stimulus adequate to the economy’s needs.

From Franklin Delano Obama?

November 10, 2008



Like the light that is entering the shutter of a slowly opening camera lens, we are getting glimpses of what to expect from a Barack Obama presidency.

Not too much light and not too fast.

But Senator Obama has stepped up to the presidential plate lickety-split, carefully gathering who he believes are the best eagles to put into his Cabinet’s nest.

(This last description sounds peculiar, but I’ll let the words remain in their roost.)

Some people are saying that there isn’t much that President Obama will (or can) do that will alter the edicts and devastation left by Mr. Deceiver-Decider.

If the citizens of America used more neurons and fewer saturated fats, they would realize that trillions of dollars in deficit-spending will not be paid for by the mere making of more “Monopoly” money; nor will China always be our chief loan officer.

No gain without pain, as the saying goes.

No free rides.

The dreadful deeds and deep deficits will require raising revenues.

Today’s and tomorrow’s children will have to pay the piper and pay through their noses for all of the prodigal spending by the previous president.

More cruise missiles
---More uranium tipped bombs
---More drones---
MORE WAR WILL NOT SAVE US.

The U.S. military and its industrial complexes are moving (and have been moving) on the same strategic and geopolitical chessboard for half a century or more.

Now the question becomes whether the pieces and their newest elected leaders can or will act and move differently from the ones which preceded them.

Let us hope that there are REAL CHANGES.


IT WAS THE OIL STUPID!

***

From

November 10, 2008

Obama, Rahm-bo and the End of the New American Century

Conned Again?

By PAUL CRAIG ROBERTS

[Below are a few quotes from the above essay]


The change that is coming to America has nothing to do with Obama. Change is coming from the financial crisis brought on by Wall Street greed and irresponsibility, from the eroding role of the US dollar as reserve currency, from countless mortgage foreclosures, from the off-shoring of millions of America’s best jobs, from a deepening recession, from pillars of American manufacturing--Ford and GM--begging the government for taxpayers’ money to stay alive, and from budget and trade deficits that are too large to be closed by normal means.

The world has tired of American hegemony and had its fill of American arrogance. America’s reputation is in tatters: the financial debacle, endless red ink, Abu Ghraib, Gitmo, rendition, torture, illegal wars based on lies and deception, disrespect for the sovereignty of other countries, war crimes, disregard for international law and the Geneva Conventions, the assault on habeas corpus and the separation of powers, a domestic police state, constant interference in the internal affairs of other countries, boundless hypocrisy.

The change that is coming is the end of American empire. The hegemon [sic.] has run out of money and influence. Obama as “America’s First Black President” will lift hopes and, thus, allow the act to be carried on a little longer. But the New American Century is already over.

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