Thursday, October 13, 2011

Quote of the Day

The fact is that Obama is less a socialist than a corporatist. His objective is not government ownership, but government management. To control the economy -- and all of our lives -- he needs to get rid of small banks and small business and consolidate it all in a few big banks and big corporations; hence his friendliness to Goldman-Sachs and General Motors. When wealthy tycoons go to dinners and give Obama $35,000 donations, they know what they are doing. It is not liberal Democratic masochism at work, it is a conscious investment in central planning where big labor, big government, big business and big banks meet and divvy up the pie, just as they do in Germany and France. That is Obama's game.
His former supporters have taken to the streets to protest his corporatist alliances. Sure, they oppose the Republicans and the conservatives, but they have more in common with the Tea Party than they realize. Both are acting out against big business. Wall Street is as much the enemy of Main Street as it is of college campuses.    
The unions and the professional left are scrambling, along with Obama and the Democrats, to head off the stampede among their followers in the Occupy Wall Street movement. They are trying to make up for their pro-Wall Street policies by seeming to take on rich people in their tax program. But the young demonstrators will not be fooled. They invested their dreams for Obama in 2008 and, since then, have gotten only compromises, half-measures, incompetence and a ruined economy in return.
The conservatives and Republicans no longer own the anti-Obama movement. They have to share ownership with disenchanted liberals, those who recognize incompetence when they see it, and the many who are turned off by the growing perception of corruption in the wake of Solyndra. The bad economy has led to an impression of presidential weakness and inability akin to that which took over the image of Jimmy Carter in the late '70s. More and more, the opposition to Obama is based on the outcomes of his policies, not on their ideological bias or their liberal intent.
-- Dick Morris from the column PROTESTS PERIL FOR OBAMA

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