Skip to content


Obama’s Corporate State of the Union

by Shamus Cooke

Finally, Obama will be delivering real change. But not the kind envisaged by those who voted for him. Rather, Obama’s revolutionary change builds upon the foundations laid by Reagan, who drastically altered American society by promoting the corporate sector at the expense of working people.  

Obama’s state of the union speech was the culmination of months of right-wing policies that began in earnest after the mid-term election, where his fake liberal garb was completely shed. Now, the naked, corporate President presides unhindered by any pretense to help working people.    

And while Obama’s policies will be explicitly pro-business, he’ll continue to lavish encouraging words to working people, asking them for their patience as he attempts to make corporate America more “competitive and innovative.” Obama has made it clear that he believes that job creation is created by the private sector (corporations), which will begin hiring once their profits are high enough. Reagan called this trickle down economics. It remains a lie.

But this lie has been at the center of the Obama administration’s activities for months. The list of pro-corporate behavior is blatant enough to make Bush Jr. blush.  

Extending the Bush tax cuts for the wealthy was only the beginning. Next, Obama signed off on the corporate-written Korean free-trade agreement. This was followed by the announcement that JP Morgan executive William Daley would be the new White House chief of staff, Obama’s closest adviser. 

To the delight of the business community, Obama then signed an executive order concerning regulations, which begins with the following:

” Our regulatory system must protect public health, welfare, safety, and our environment while promoting economic growth [corporate profits], innovation, competitiveness, and job creation.” 

This mutually exclusive sentence did not confuse the corporate-elite, who correctly interpreted it to mean that Obama would ease the rules that restrict their profit making, such as worker, environmental, and consumer protections.

Even more shocking was the announcement that Obama was creating a Council on Jobs and Competitiveness, headed by General Electric CEO Jeffrey Immelt, a sworn enemy of working people. The New York Times noted that the “… the company [GE] has closed 29 plants in the United States and one in Canada in the past two years, eliminating more than 3,000 jobs.” (January 22, 2011).

Meanwhile, GE exports have risen in recent years, due to its effectiveness in driving down its workers wages, as much as $10 an hour. 

And this is precisely why Obama chose the CEO of General Electric to promote his new economic policy. Obama intends to turn the United States into the exporting nation it once was, as a way to deal with the Great Recession. He has repeatedly stated that he intends to boost exports by “five fold, which can only be achieved by following the ruthless policies of General Electric: layoffs, reduced wages and benefits, reliance on part-time workers, and so on. 

Increasing exports requires that U.S. workers make far less than they do currently if the corporations are going to hold onto their massive profits; otherwise products from China and India would remain cheaper on the world market. The U.S. cannot substantially increase its export capacity in a business friendly way and provide good union wages for workers at the same time. Either the export sector is built at the expense of workers or at the expense of big business. This truth is kept purposely hidden in Obama’s speech, who cannot politically afford to say that he intends for U.S. workers to make real slave wages.

Raising exports demands cheap labor. It also requires — as mentioned in his state of the union — that corporate taxes be lowered in the U.S., which will push the deficit even higher, demanding that even more social programs be slashed.  

These business-friendly policies have been much discussed in the U.S. media, which claims that Obama is making a shift from the political left to the center. Of course Obama never began on the left; he’s never represented the interests of working people. He began his presidency at the center-right, and is now in the process of solidly establishing himself as a run-of-the-mill, corporate Republican.

In fact, Obama has spent his entire presidency groveling to the Republicans, who he insists can work with Democrats and Independents in harmony. To prove this theory, he has made numerous right-leaning “compromises” that continue to shift U.S. politics to the right, seemingly without end.

Moving the government back in the opposite direction — towards working people — will require drastic measures. First, labor unions and community groups must reject Obama’s corporate-first philosophy. Working families must be put first. 

Franklin Delano Roosevelt did this during the Great Depression when he created the Works Progress Administration (WPA), which was a nationally run public works program that put millions of people to work building infrastructure, schools, libraries, and other public buildings.  

Working families have waited long enough. Corporate profits are already through the roof along with the growing inequalities in wealth, yet jobs are not being created, contrary to what the President claims. Instead of creating committees to figure out why corporations are not hiring, the President should raise taxes on the wealthy and corporations to fund a public works campaign.  In this way, demand for products will be raised, and the increased demand will stimulate growth in jobs. Labor unions and community groups should form coalitions to demand this by organizing mass demonstrations across the whole country. We’ve waited long enough. 

Shamus Cooke is a social service worker, trade unionist, and writer for Workers Action. He can be reached at [email protected]

http://www.nytimes.com/2011/01/22/business/economy/22obama.html?_r=1&hp=&adxnnl=1&adxnnlx=1295755409-wbtAQ61ys13TZLAaaiYv1A

http://www.whitehouse.gov/the-press-office/2011/01/18/improving-regulation-and-regulatory-review-executive-order

View the original article at Global Research

Related Posts with Thumbnails

Posted in Finance & Economics, Politics.

Tagged with , , , , , .


0 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.



Some HTML is OK

or, reply to this post via trackback.

Support #altnews & keep Dark Politricks alive

Remember I told you over 5 years ago that they would be trying to shut down sites and YouTube channels that are not promoting the "Official" view. Well it's all happening now big time. Peoples Channels get no money from YouTube any more and Google is being fishy with their AdSense giving money for some clicks but not others. The time is here, it's not "Obama's Internet Cut Off Switch" it's "Trumps Sell Everyones Internet Dirty Laundry Garage Sale". This site must be on some list at GCHQ/NSA as my AdSense revenue which I rely on has gone down by a third. Either people are not helping out by visiting sponsors sanymore or I am being blackballed like many YouTube sites.

It's not just Google/YouTube defunding altenative chanels (mine was shut), but Facebook is also removing content, shutting pages, profiles and groups and removing funds from #altnews that way as well. I was recently kicked off FB and had a page "unpublished" with no reason given. If you don't know already all Facebooks Private Messages and Secret Groups are still analysed and checked for words related to drugs, sex, war etc against their own TOS. Personally I know there are undercover Irish police moving from group to group cloning peoples accounts and getting people booted. Worse than that I know some people in prison now for the content they had on their "secret private group". Use Telegrams secret chat mode to chat on, or if you prefer Wickr. If you really need to, buy a dumb phone with nothing for the NSA/GCHQ to hack into. Ensure it has no GPS tracking on it and that the battery can be removed. These are usually built for old people to get used to technology storing only a set of numbers to call. However they have no games, applications to install or other ways people can exploit the computer tracking device you carry round with you most of the day - your smart phone. If you are paranoid ensure that you can remove the battery when travelling around and do so to prevent GPS tracking or phone mast triangulation. Even with your phone in Flight mode or turned off, it can be turned on remotely and any features like front or back cameras, microphones and keylogging software can be installed to trace you.

So if your not supporting this site already which brings you news from the Left to the Right (really the same war mongering rubbish) then I could REALLY do with some..

Even if it's just £5 or tick the monthly subscription box and throw a few pound my way each month, it will be much appreciated. Read on to find out why.

Why?

Any support to keep this site would be appreciated. You could set up a monthly subscription for £2 like some people do or you could pay a one off donation as a gift.
I am not asking you to pay me for other people's articles, this is a clearing house as well as place to put my own views out into the world. I am asking for help to write more articles like my recent false flag gas attack to get WWIII started in Syria, and Trump away from Putin. Hopefully a few missiles won't mean a WikiLeaks release of that infamous video Trump apparently made in a Russian bedroom with Prostitutes. Also please note that this article was written just an hour after the papers came out, and I always come back and update them.

If you want to read JUST my own articles then use the top menu I have written hundreds of articles for this site and I host numerous amounts of material that has seen me the victim of hacks, DOS plus I have been kicked off multiple hosting companies, free blogging sites, and I have even had threats to cease and desist from the US armed forces. Therefore I have to pay for my own server which is NOT cheap. The more people who read these article on this site the more it costs me so some support would be much appreciated.

I have backups of removed reports shown, then taken down after pressure, that show collusion between nations and the media. I have the full redacted 28/29 pages from the 9.11 commission on the site which seems to have been forgotten about as we help Saudi Arabia bomb Yemeni kids hiding in the rubble with white phosphorus, an illegal weaapon. One that the Israeli's even used when they bombed the UN compound in Gaza during Operation Cast Lead. We complain about Syrian troops (US Controlled ISIS) using chemical weapons to kill "beautiful babies". I suppose all those babies we kill in Iraq, Yemen, Somalia and Syria are just not beautiful enough for Trumps beautiful baby ratio. Plus we kill about 100 times as many as ISIS or the Syrian army have managed by a factor of about 1000 to 1.

I also have a backup of the FOX News series that looked into Israeli connections to 9.11. Obviously FOX removed that as soon as AIPAC, ADL and the rest of the Hasbra brigade protested.

I also have a copy of the the original Liberal Democrats Freedom Bill which was quickly and quietly removed from their site once they enacted and replaced with some watered down rubbish instead once they got into power. No change to police tactics, protesting or our unfair extradition treaty with the USA but we did get a stop to being clamped on private land instead of the mny great ideas in the original.

So ANY support to keep this site running would be much appreciated! I don't have much money after leaving my job and it is a choice between shutting the server or selling the domain or paying a lot of money just so I can show this material.

Material like the FSB Bombings that put Putin in power or the Google no 1 spot when you search for protecting yourself from UK Police with "how to give a no comment interview". If you see any adverts that interest you then please visit them as it helps me without you even needing to give me any money. A few clicks per visit is all it takes to help keep the servers running and tag any tweets with alternative news from the mainstream with the #altnews hashtag I created to keep it alive!

However if you don't want to use the very obvious and cost free ways (to you) to help the site and keep me writing for it then please consider making a small donation. Especially if you have a few quid sitting in your PayPal account doing nothing useful. Why not do a monthly subscription for less money instead. Will you really notice £5 a month?



css.php