Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Obama Can't Say "No" to the Rich
14 Jul 2010
🖨️ Print Article

 Black Agenda Radio commentary by Glen Ford

Having transferred trillions of public treasure for the sake of Wall Street's health, Obama now picks up where George Bush left off on Social Security. Obama's deficit commission is pre-programmed to assault the last vestiges of the social safety net. The president "is the right wing's most potent weapon, the one before which liberal Democrats throw up their hands in surrender without the dignity of a fight."
 
Obama Can't Say "No" to the Rich
A Black Agenda Radio commentary by Glen Ford
"Once Wall Street was on its feet, Social Security would be back in the crosshairs."
Before Barack Obama had even taken the oath of office, in January of 2009, he promised to put all of the so-called "entitlement" programs "on the table," for cutting. There was no reason to doubt that Obama really planned to go after Social Security, Medicare and Medicaid and other programs despised by the rich. After all, he had just been elected to a four-year term in a landslide and was, therefore, as secure as any politician can be. Obama was telling everyone who cared to listen that he was would certainly not stand in the way of gutting what's left of the American social safety net. Rather, Obama was telling Big Business that he agreed with them, that the poor and the elderly were sucking up too much of the nation's wealth, and there must be a day of reckoning.
The new president immediately started the clock ticking on Social Security and other entitlements by scheduling a so-called "deficit summit" for later in 2009. But it was not yet the time for a full-court-press on poor and elderly people's programs. First, Obama needed to shore up the finances of the Wall Street bankers that were among his earliest and most generous supporters. The bank bailout was priority number one, to be followed by a farcical health care bill designed to funnel trillions to the insurance and drug industries. A frontal attack on Social Security would have to wait a year or so. It would not do for Obama to join with Republicans in stealing from the old and the poor at the exact same moment they were bailing out the filthy rich. But, once Wall Street was on its feet, Social Security would be back in the crosshairs.
"Obama's so-called 'deficit commission' is stacked with rich sociopaths sharpening their knives to carve up, sell off or otherwise doom Social Security."
Nancy Pelosi, the Democratic Speaker of the House who was once the co-chair of the Progressive Caucus, pretended back in January of 2009 that she hadn't heard Obama when he said "everything" was "on the table" for cutting - except, of course, the military, which is immune no matter how high the deficit. "The only thing we didn't want to put on the table," she said, "is eliminating Social Security, Medicare and Medicaid."
In April of this year, Obama once again reminded everyone that everything is and has always been "on the table," as far as he's concerned, including Social Security. His so-called "deficit commission" is stacked with rich sociopaths sharpening their knives to carve up, sell off or otherwise doom Social Security. It is a battle that safety net defenders thought they had won against George Bush. Barack Obama has picked up Bush's marbles and put them back into play. He is the right wing's most potent weapon, the one before which liberal Democrats throw up their hands in surrender without the dignity of a fight. Obama, working in plain sight over the past 18 months, has constructed and rigged a deficit commission to render a kind of death sentence to the foundational program of Roosevelt's New Deal.
Obama will pretend that circumstances and Republicans are forcing him to call for austerity. But that's a lie; he came in singing the GOP's song, and is behaving precisely as one would expect from a center-right administration. Obama is in his ideal element, constantly saying "yes" to the Party of "no."
For Black Agenda Radio, I'm Glen Ford. On the web, go to www.BlackAgendaReport.com.
BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

More Stories


  • Reporting on Anti-Asian Violence Sets Black People Up to be Harmed
    Thad Baltimore
    Reporting on Anti-Asian Violence Sets Black People Up to be Harmed
    07 Apr 2021
    The media focus on Black-Asian “tensions” promoted the misleading idea that Black people are the main perpetrators of anti-Asian attacks.
  • The Global Anti-Eritrea-Ethiopia Agenda
    Amanuel Biedemariam 
    The Global Anti-Eritrea-Ethiopia Agenda
    07 Apr 2021
    It is not up to the US to demand or dictate that Eritrea withdraw from Ethiopia -- it is Ethiopia’s and only Ethiopia’s call to make.  
  • Still Unsolved: the Great Crime that Triggered the 1994 Rwandan Genocide
    Jeremy Kuzmarov
    Still Unsolved: the Great Crime that Triggered the 1994 Rwandan Genocide
    07 Apr 2021
    After 27 years, strong evidence implicates Rwandan dictator Paul Kagame and the CIA in the downing of Hutu President Juvénal Habyarimana’s airplane.
  • “Hotel Rwanda” Hero Kidnapped: Another Victim of Rwanda’s Grinding Machine
    keith harmon snow
    “Hotel Rwanda” Hero Kidnapped: Another Victim of Rwanda’s Grinding Machine
    07 Apr 2021
    Rwandan dictator Paul Kagame is a mass murdered enabled by the US, and the Rwanda genocide story told by western governments and their media is the exact opposite of the truth.
  • Yellow Peril and Red Scare: Forum on Anti-Asian Racism
    Danny Haiphong , BAR contributor
    Yellow Peril and Red Scare: Forum on Anti-Asian Racism
    06 Apr 2021
    Anti-Asian racism is on the rise in the United States and the West and has been discussed most frequently in the aftermath of the murder of six women of Asian descent in Atlanta on March 16th.
  • Load More
Subscribe
connect with us
about us
contact us