Here he is talking about helping the poor and creating a better country and world, and these wealthy asshole investors pull their money out of the markets. “Helping the poor? whooa, count me out of that whole mess. I’m going to buy into gold or China instead”. These rich people don’t need to give a shit about the economy, no matter how bad it gets someone somewhere will keep producing Rolls-Royces and caviar. Obama’s been given some leeway, something no American president has had for a long time. With congress and the public behind him, the opportunity to make some big moves is available.
So what are some options? Obama could nationalize a private bank thats refusing to lend, hold on hold on, don’t start crying ‘socialism’. If you slip the orderly $10 to bring your sick aunt some chocolate pudding, the fucker better not eat it himself. Who do these bankers think they are? Receiving unbelievable billions of dollars and refusing to lend it out to people loosing their homes and jobs! If the government took one bank over, the theory is that the threat of nationalization would encourage the others to start lending. If this were to actually happen though, the wealthy would just take their money elsewhere, cripple the economy further, and return in 2 years or so to wage war on Obama and his socialist regime. Same thing they’ve done to Castro; the US embargo caused far more economic woes for Cuba than socialism ever did. Ironically, while they’re waiting for Obama to fail, they will be banking their loot in communist China. Oh wait, thats not irony its deception.
He could pull out of Iraq, thats an easy one. Leave quickly and start a civil war, leave slowly and people will question his resolve and competency. . . .Of course there are all the slower moves, reshape the economy, help the poor domestically and abroad, repair the US’s reputation. If he hasn’t made some major differences in about 2 years, people are going to start calling him ineffectual- the American public’s got a very short attention span. Good things take time, how fast can they produce wind turbines? All the while he will be sabotaged by wealthy investors, misrepresented by republicans and right wing media, and possibly shot at/blown up by god knows who.
I really hope the best for him, but holy shit.
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