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

Bankers and Military Hog Power Under Obama
Bill Quigley
07 Jan 2009
🖨️ Print Article

Bankers
and Military Hog Power Under Obama

A
Black Agenda Radio commentary by Glen Ford

To listen to this Black Agenda Radio commentary, click the flash player below.{mp3}20090107_gf_urban_policy{/mp3}

"In
appointing Adolfo Carrion to chair the Office of Urban Policy, Obama
showed how unimportant that office really is."
Carrion-1

Barack
Obama has all but slammed the door to any meaningful progressive
presence in his administration, which should be described as a
center-right government, heavily weighted to the interests of finance
capital and the military. By retaining Bush's Secretary of Defense,
Robert Gates, Obama ensures the continuity of U.S. imperial policies
abroad, buttressed by an obscenely bloated military budget.
Proponents of American empire can also rest easy with Hillary Clinton
as Secretary of State - actually, quite a logical choice, since the
Democratic primary debates showed Obama and Clinton to be
near-identical on foreign policy matters, with both politicians
supporting expanded U.S. military manpower.

Obama's
loyalty to the battered U.S. banking class is also unquestionable. He
has placed unrepentant finance capital high-rollers at the controls
of his economic machinery, in the Department of Treasury and among
his top economic advisors. Although the Lords of Capital have lost a
great deal of their money - and your money, and the money of children
not yet born - their political power will be undiminished in the
coming Obama administration.

In
the current economic and imperial crisis, real power is exercised
through the Treasury, which has been converted into an ATM for the
once-rich and still powerful, and through the Pentagon, a "demonic
suction tube" that strips the society of every resource that is
not nailed down, as Dr. Martin Luther King pointed out 40 years ago..
These are the Power Portfolios, and they are firmly in the hands of
the right-wing of this center-right administration. Working men and
women may well have an ally in the soon-to-be Secretary of Labor,
Hilda Solis. But broad economic policy determines whether one has or
keeps a job, and those areas of policy are dominated by Obama's
banker friends, none of whom gives a damn about the interests of
labor.

"Obama
has placed unrepentant finance capital high-rollers at the controls
of his economic machinery."

Even
if there were not a general economic meltdown, the U.S. military's
voracious appetite would represent the biggest obstacle to domestic
social change. Barack Obama campaigned for a bigger military. By
keeping Robert Gates on at the Department of Defense, Obama makes
clear that there is no fundamental policy conflict between himself
and George Bush. Otherwise, the Gates retention makes no sense -
unless, of course, one is hopelessly addicted to ObamaL'aid, in which
case, one is prepared to disbelieve the evidence of one's own eyes.

Obama
defenders were especially excited about the creation of a new White
House Office of Urban Policy. This would be that magical place where
new ideas for urban revitalization would be born, close by the
president's ear and near to where the money flows. What we got was
Adolfo Carrion, the President of the Borough of the Bronx, a man
despised by New York housing activists as a tool of the rich real
estate developers who supplied most of his campaign money; a
political hack whose favorite poverty program is aid to the Yankees,
the richest team in baseball. In appointing Carrion to chair the
Office of Urban Policy, Obama showed how unimportant that office
really is. If you're looking for the real action in the Obama
administration - the places where money and power coincide - you'll
find it with the bankers and the Pentagon - as always. For Black
Agenda Radio, I'm Glen Ford.

BAR
executive editor Glen Ford can be contacted at
Glen.
Ford@BlackAgendaReport.com.

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  •  BAR Book Forum: Allan E.S. Lumba’s Book, “Monetary Authorities”
    Roberto Sirvent, BAR Book Forum Editor
    BAR Book Forum: Allan E.S. Lumba’s Book, “Monetary Authorities”
    10 May 2023
    This week’s featured author is Allan E.S. Lumba.
  • Human Rights Watch and Inter-American Commission on Human Rights Confirm What Masses Have Condemned: Peruvian State Carried Out Extrajudicial Killings and Other Abuses
    Clau O'Brien Moscoso
    Human Rights Watch and Inter-American Commission on Human Rights Confirm What Masses Have Condemned: Peruvian State Carried Out Extrajudicial Killings and Other Abuses
    10 May 2023
    Human Rights Watch and the Inter-American Commission on Human Rights confirm what was already clear to BAR's reporter and others on the ground in Peru. The coup government has…
  • Exclusive: How Haiti’s Assassination Plot Unraveled, Minute by Minute and Text by Text
    David Adams , Jake Johnston
    Exclusive: How Haiti’s Assassination Plot Unraveled, Minute by Minute and Text by Text
    10 May 2023
    Messages and texts from those suspected of the plot to assassinate Haitian president Jovenel Moise make for fascinating reading. One of them communicated with Ariel Henry, who was named Prime…
  • ‘Anti-Black’ Claim Raised About Cuba As Solidarity Activists Stopped at U.S. Border & Black Socialists Arraigned in United States for Collaborating with Russia
    Julie Varughese
    ‘Anti-Black’ Claim Raised About Cuba As Solidarity Activists Stopped at U.S. Border & Black Socialists Arraigned in United States for Collaborating with Russia
    10 May 2023
    Claims of anti-Black racism in revolutionary countries should be treated with great skepticism. This trope is used as a tool to target countries for regime change plots and other attacks. While in…
  • Witnessing Afro Cubans and Social Change
    Austin Cole
    Witnessing Afro Cubans and Social Change
    10 May 2023
    There cannot be any discussion of Cuban politics that does not include perspectives from the African descended population. There is much to learn from people who are living in a revolutionary process…
  • Load More
Subscribe
connect with us
about us
contact us