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The Fall of Obama
By ALEXANDER COCKBURN
The man who seized the White House by fomenting a mood of irrational expectation is now facing the bitter price exacted by reality. The reality is that there can be no “good” American president. It’s an impossible hand to play. Obama is close to being finished.
The nation’s first black president promised change at the precise moment when no single man, even if endowed with the communicative powers of Franklin Roosevelt, the politic mastery of Lyndon Johnson, the brazen agility of Bill Clinton, could turn the tide that has been carrying America to disaster for 30 years.
This summer many Americans are frightened. Over 100,000 of them file for bankruptcy every month. Three million homeowners face foreclosure this year. Add them to the 2.8 million who were foreclosed in 2009, Obama’s first year in office. Nearly seven million have been without jobs in the last year for six months or longer. By the time you tot up the people who have given up looking for work and the people on part-time, the total is heading toward 20 million.
Fearful people are irrational. So are racists. Obama is the target of insane charges. A hefty percentage of Americans believe ... (continued at source)
I wonder what post your reading. It refers to the capitalism existing now in America, not your abstract theorizing fantasy capitalism that exists nowhere.
Your “small business” will never make up for the millions of jobs that are gone through the manufacturing, IT, and now civil service. Your small good business jobs will now become as extinct, not because of regulations, but because of the competition for the services of those who work in small business will no longer be there.