Obama is picking moderates and center-rightists for his cabinet. That sound you hear? It’s the sound of a million hopes and dreams thudding to the earth like balloons suddenly alchemized into lead.
We can only hope things will get better under Obama. I’d say they can’t get worse, but that’s not true. Evil has built up quite a momentum under Bush. The decisions he made (or his fellow cabalists made for him) over the last 8 years will continue to reverberate through the nation for the foreseeable future. Bush’s legacy of wickedness and the destruction he wrought on our nation’s principles and people will not be easily forgotten. Or forgiven.
But Obama seems very much of the same mind as Bush when it comes to the economy and the dire imperative of taking care of the ultra-rich at the expense of everyone else. Citigroup should’ve been allowed to fail. Instead we’ve given the supposed pillars of capitalism 7.76 trillion in taxpayer money:
The pledges, amounting to half the value of everything produced in the nation last year, are intended to rescue the financial system after the credit markets seized up 15 months ago.
If one of the pillars of American capitalism is made of butter, which Citigroup seems to be, then they must crumble (melt?). New ones will rise, if you believe in the free-market.
Neither Bush nor Obama does.
And with those two messing around with the economy I don’t either; there never was and never will be a true free market because somebody’s always got an agenda and if they have influence in government they will use that power to affect change to their benefit, principles be damned. People who talk lovingly about free markets are full of shit. They want open markets, the same way horny guys want loose women: They don’t really love them (captains of industry prefer monopolies over competition), but they sure will take advantage of it while it’s there. A “free” market is just one that hasn’t been spoiled yet… but it will be. It will be.
The only way to fix this is to reconfigure the fundamentals of our economy so the super-rich don’t control everything. But how are we gonna do that if they already do? Are they going to just let us? Fuck no. They have to have a reason first, and we haven’t given them one.
Until we do, nothing will change. Reality’s a bitch, ain’t it?