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 2012 Smacks Down Jim Clyburn For Criticizing Bain & Vampire Equity Firms, Obama Supporters Pretend Not to Notice
30 May 2012
🖨️ Print Article

by BAR managing editor Bruce A. Dixon

Fool me once, the saying goes, shame on you. Fool me again --- you know the rest. But what do we call it when Obama supporters willingly deceive themselves about what side of the haves vs have-nots struggle their president is on? And if reports are true that the president has scarcely bothered to call or speak to leaders of the Congressional Black Caucus or even of Democrats in the Congress in months, what does that say about who owns who?

Obama 2012 Smacks Down Jim Clyburn For Criticizing Bain & Vampire Equity Firms, Obama Supporters Pretend Not to Notice

by BAR managing editor Bruce A. Dixon

What's more disgusting? An original act of cynical hypocrisy, like President Barack Obama's hollow criticisms of Mitt Romney's parasitic Bain Capital, while his own campaign and administration are honeycombed with execs and consultants from similar and even bigger bloodsuckers like J.P. Morgan and Goldman Sachs, or the craven chorus of diehard Obama supporters insisting that we look the other way every time their president and his team show what side they're really on?

When Newark mayor and Obama campaign surrogate Corey Booker on Meet The Press defended the way so-called “private equity” firms like Bain Capital make their money he was defending his own, and the president's friends on Wall Street who do the same thing Bain Capital does, and who make both their careers and the careers of an entire generation of Democratic party politicians possible.

So how did the chorus of Obama supporters respond? For a solid week Obama fans, most of them avid supporters of Booker until then, fell all over each other denouncing Corey for not representing their president, or more accurately their idea of this president. Somebody should have noticed that in all that time, nobody from the White House or the Obama campaign denounced Corey Booker.

But when South Carolina's Jim Clyburn accurately described Bain Capital's technique as enriching its partners by “raping” companies they acquired the Obama campaign wasted no time in publicly smacking Clyburn down. Barack Obama and his campaign know that if public anger is focused at the vampire capital industry rather than just at Romney's Bain Capital alone, it's bad news for them and their campaign contributors as well. So their self-interested hypocrisy is understandable, though not excusable.

Less understandable, and less excusable was the sheeplike reaction of Obama fans. The week before they flooded online forums, call-in shows, email lists and the like with screeds on how Booker's views didn't represent their president. Instead of getting behind their imaginary President Obama --- the one who opposes vampire capital, and lining up with Rep. Clyburn, an avid supporter of the president himself, Obama supporters pretended to ignore Clyburn, and also looked away in silence as the Obama campaign publicly smacked him down.

Denial is potent and deceit is powerful. Nobody likes to admit being deceived, or being used to help deceive others. But with trillions of dollars and power on the line, or sometimes just the illusion of being near that power, deceit and denial are everyday facts of American political life, especially among supporters of our First Black President.

Hail to the Chief.

For Black Agenda Radio, I'm Bruce Dixon. Find us on the web at www.blackagendareport.com.



Your browser does not support the audio element.

listen
http://traffic.libsyn.com/blackagendareport/20120530_bd_clyburn_denial.mp3

More Stories


  • BAR Book Forum: Ana-Maurine Lara’s “Queer Freedom : Black Sovereignty” and “Streetwalking”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Ana-Maurine Lara’s “Queer Freedom : Black Sovereignty” and “Streetwalking”
    02 Dec 2020
    The author wants us to deepen our analysis of how power moves through the world to constrain Black life, and how queer Black people resist these constraints.  
  • How to Prevent Up to 40 Million People from Being Evicted
    Jerusalem Demsas
    How to Prevent Up to 40 Million People from Being Evicted
    02 Dec 2020
    Millions of Americans face eviction in a “completely predictable and entirely preventable” crisis as the CDC’s moratorium is set to expire on New Year’s Eve.
  • Study Shows Blacks and Latinos Make Up Bulk of Temporary “Gig” Workers
    Seth Sandronsky
    Study Shows Blacks and Latinos Make Up Bulk of Temporary “Gig” Workers
    02 Dec 2020
    Eighty-three percent of blue-collar temp assignments are staffed by non-white workers in Illinois, a state where non-white workers are just 35 percent of the workforce.
  • Woke Capitalism: The Poison Pill of Liberal Anti-Racism
    Andrew King
    Woke Capitalism: The Poison Pill of Liberal Anti-Racism
    02 Dec 2020
    Both capitalist parties, and members of the black misleadership class, intentionally play the game of racial politics in order to obscure and ignore issues of class and poverty.
  • Biden’s Proposed Cabinet – A Kinder and Gentler Imperialism
    Dr.Wilmer J. Leon, III
    Biden’s Proposed Cabinet – A Kinder and Gentler Imperialism
    02 Dec 2020
    Biden, et al are planning to take us back to a romanticized Clinton and Obama eras.
  • Load More
Subscribe
connect with us
about us
contact us