Obama’s Dirty Little Secret

While Obama goes through the motions of trying to get America back on its ‘Capitalistic’ track, he truly has no intention of restoring this country to its original independent glory. That’s the dirty little secret…

By de Andréa

Does President Obama truly believe that he can castigate and condemn Wall Street on Mondays, Wednesdays, and Fridays and then secure its cooperation on Tuesdays and Thursdays? Does he not understand that when he ignites a public furor over AIG bonuses and then incites Congress to pass a punitive tax, he sends shivers down the spines of every other corporate executive who makes a lot of money? Does he seriously believe that Wall Street investors will not worry that their investments, should they join the Treasury as partners in this risky relationship, would be subject to public abuse, publicity, and confiscatory taxation?

Of course he does, he knows all of this, and he realizes that his own rhetoric will make it unlikely that his program will succeed. He obviously gets it that the entire concept of a public-private partnership is impossible amid a climate of waging class warfare, taxing the rich, and heaping contempt on anyone who believes in an independent capitalistic system.

Though totally misdirected it is becoming evident that Obama is quite intelligent and certainly understands that you cannot shake hands with your right hand while you launch a war with your left. So why does Obama persist in his aggressive rhetoric? Why does he continue to treat Wall Street as something out of Dante's Inferno?

Because he just does not care about you or your independent capitalistic philosophy! He doesn't really want the public-private partnerships to work out. And they won’t…

For example he sends Geithner his Treasury secretary out to romance the media with his public-private partnerships because he doesn't want to make them his own. Then he announces a stimulus plan or a new spending bill, because it's Obama's moment before the teleprompter. The most rational explanation for Obama's puzzling conduct of why he is sabotaging his own program by way of his own rhetoric — is that he truly wants to be forced to nationalize the banks and big business in pursuit of his ultimate goal of a socialist economy.

Obama has to pretend to oppose nationalization today in order to achieve it tomorrow. This by the way is how Hitler rose to power…

He has to show the country and the world that he is doing all he can to help the private capitalist sector to sort things out with government help. He must ostentatiously invite the hated demons of Wall Street to join him in rescuing the banks in order, later, to say that he did his best to avoid having to take over the banks. And then… when he has run the country into the ground and we are out of options --- nationalization will be an acceptable alternative. This incidentally is how globalization eventually will take place, when there are no other options.

Meanwhile, he makes sure the private sector won't play ball by going after their bonuses, sending an implicit message to the other executives on Wall Street, to “Stay out of my way.”

Even when he takes over the banks, as he inevitably will, he is going to have to dress up the nationalization as a temporary measure forced on him by the economy and the previously unrealized magnitude of the problem. He will cite the example of Sweden, where the government nationalized the banks only temporarily and returned them to private hands quickly.

The America people can't be for nationalization; this is what the people were afraid of back in the 1790’s and why Federalism became the answer. But through the deception of herding the people into the corral of no other alternative --- Obama hopes to accomplish it nonetheless.

Already, in the TARP and TALF programs, we can see how eager he is to use his executive governmental power to manipulate the once-private sector. Consider the mandates piling up on any financial institution that takes government funds: limits on executive pay, corporate travel and conferences; a strong “buy American” recommendation; and aggressive action to get them to make consumer loans. He knows very well that if he would just leave it alone a capital economy would recover on its own, it is just the nature of it. But then that would be disastrous for “Obama’s Dirty Little Secret”

THE BOTTOM LINE: Can the socialistic philosophy of affirmative action, low-income lending, and diversity outreach be far behind? If Obama can bring banks and the healthcare industry under government control, we will have a de facto ‘Socialist State’. Is this "Obama's Dirty Little Secret"? It is obviously the direction he is headed.

The question is --- are you ready for it…?

de Andréa