Wednesday, April 6, 2011

10 Reasons Obama is Just As Bad or Worse Than Bush

Activist Post: 10 Reasons Obama is Just As Bad or Worse Than Bush

George W. Bush was clearly a mentally-challenged puppet of the military/banking/oil elite. The policies put it in place at breakneck speed after 9/11 were provably predetermined by think tanks well in advance. Not that other presidents were any less controlled by this hidden agenda, but there was a noticeable in-your-face quickening of corporate-government tyranny under Bush.

These policies like wars of aggression, illegal surveillance of Americans, torture of detainees indefinitely held without formal charges, unfair "free trade" agreements, and bank bailouts rightfully enraged many progressives during the Bush years. Yet, not only have these policies accelerated under Obama, even more of the draconian playbook is unfolding.

After 8 years of Bush's reign that ended with a record low presidential approval rating in the low 20s, Obama's promise of hope and change inspired many beyond mainline progressives. His campaign speeches were so powerful that they landed him the Nobel Peace Prize without having done anything for world peace except to offer the idea in order to get elected. As a Constitutional law professor and attorney, Obama appeared to have a greater understanding of rights and the balance of power than did flunky Bush.


Although policies being implemented under Obama's leadership exhibit the continuation of Bush's tyrannical agenda, his stunning betrayal of populist and Constitutional principles in support of these actions makes him the ultimate hypocrite. Additionally, because Obama is a much more influential orator than Bush, his service to the puppet masters is far more dangerous to the American people he's supposed to serve.

There have been many articles written about Obama's unkept promises and outright lies, but here are 10 actions that prove Obama is just as bad if not worse than Bush:

Tax cheat Geithner
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Bank/Corporate Bailouts: Although the Troubled Asset Relief Program (TARP), otherwise known as the bankster bailout, occurred on Bush's watch, Obama fully supported it as necessary. Obama then followed up this massive wealth grab with a gargantuan stimulus bill which has basically been absorbed by the financial crisis as well. All said, Bloomberg and others reported the taxpayer guarantees for Wall Street are upwards of $23 trillion. Additionally, the best part of Obama's cabinet and appointed czars are directly connected to big banks like JP Morgan and Goldman Sachs. Furthermore, Obama and Democratic leaders gave the Federal Reserve even more regulatory power over the economy. The Administration hails the Financial Reform bill as a big political accomplishment, but the bill never addressed the three major problems: doesn't break up or reduce the size of too-big-to-fail banks, doesn't remove the massive government guarantees to the giant banks, and it won’t even increase liquidity requirements to prevent future meltdowns. The inmates are too clearly running Obama's asylum.

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Betrayal of the Poor: Bush never pretended to give a damn about the poor and the systematic mechanisms that keep them poor; openly calling the "haves and have mores" his "base." But Obama has been portrayed as different, mainly because the Democratic party is viewed as more empathetic to the poor. Obama promised affordable healthcare, to create new jobs, and to increase access to a college education. However, the mandated healthcare bill has proven to actually hurt the poor, the"jobs" bill HIRE was nothing but a smokescreen to pass capital controls, and college loans are increasingly worse than useless since record numbers of students can't find work to pay them off. So far he only seems to be helping the poor by extending food stamps to a record number of needy Americans -- which is currently on the spending cut chopping block by the way. Obama also extended Bush'stax cuts to the wealthiest Americans while the poor suffer the dramatic effects of inflation and the approaching austerity cuts demanded to prevent a government shutdown.

Expansion of Free Trade: Obama excoriated NAFTA, GATT and other so-called "Free Trade" agreements that were put in place under Clinton and Bush (with CAFTA). One of Obama's campaign mailers to Ohioans read "one million jobs have been lost because of NAFTA, including nearly 50,000 jobs here in Ohio." And Obama told unions that "he has always opposed NAFTA, and said the trade deal should be amended and renegotiated." It is abundantly clear that free trade agreements have not done well for American manufacturing and its workers (just like Obama told us during his campaign). These free trade agreements are designed to only help the multinational corporations who wrote them, and who Obama now works for. In contrast to being "opposed" to such agreements, the government moves forward with many new similar agreements.

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