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


  • Desperate Times, Desperate Measures: Dump the Democrats
    Riva Enteen
    Desperate Times, Desperate Measures: Dump the Democrats
    15 Jul 2020
    The Democrats are likely to put forward a Black woman prosecutor to legitimize the mass incarceration plague that Joe Biden helped inflict on Black America.
  • Ajamju Baraka on Race, Class and Protest in the United States
    Look Left Staff
    Ajamju Baraka on Race, Class and Protest in the United States
    15 Jul 2020
    Black Alliance for Peace national organizer Ajamu Baraka urged vigilance against US “attempts to control the narrative” of the Black Lives Matter movement.
  • Truth + Justice = Green Party’s Trailblazing World Peace Platform
    Lauren Smith
    Truth + Justice = Green Party’s Trailblazing World Peace Platform
    15 Jul 2020
    With ballot access in most states and a comprehensive new program for world peace, the Green’s national ticket is ready to battle the oligarchs’ duopoly.
  • Black Agenda Radio for Week of July 13, 2020
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Black Agenda Radio for Week of July 13, 2020
    13 Jul 2020
    Black Caucus Protects Cops, Not the People
  • Green Party is “Vital” to Growth of Grassroots Movement
    Black Agenda Radio with Margaret Kimberley and Glen Ford
    Green Party is “Vital” to Growth of Grassroots Movement
    13 Jul 2020
    The movement against police oppression “is long overdue, but it needs political organization in order to create lasting change,” said Margaret Kimberley, longtime Green Party
  • Load More
Subscribe
connect with us
about us
contact us