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


  • Anti-Imperialist Summit
    Black Agenda Radio with Margaret Kimberley
    Anti-Imperialist Summit
    17 Jun 2022
    Erica Caines is Co-Coordinator of the Black Alliance for Peace Haiti and the Americas Committee. She is also co-editor of the Hood Communist blog. She discusses the recent anti-imperialist summit…
  • A Guantanamo Defense Attorney Speaks
    Black Agenda Radio with Margaret Kimberley
    A Guantanamo Defense Attorney Speaks
    17 Jun 2022
    Bryan Bullock is an Indiana based attorney who specializes in employment discrimination and civil rights cases. But from 2005 to 2011 he served as habeas counsel for 3 detainees held at Guantanamo…
  • January 6 Hearings
    Black Agenda Radio with Margaret Kimberley
    January 6 Hearings
    17 Jun 2022
    The congressional hearings investigating the January 6, 2021 attack on the Capitol are a diversion for desperate democrats. They also ignore the constant threat of mob violence caused by racist…
  • A Quarter Century of a Western-backed War of Aggression Against the Congolese People
    Maurice Carney
    A Quarter Century of a Western-backed War of Aggression Against the Congolese People
    17 Jun 2022
    Rwanda and Uganda have carried out attacks against the Democratic Republic of Congo for the past 25 years. Their aggressions are carried out with the backing of the U.S. and European nations who aid…
  • Empire’s Fleeting Leadership in Its Yard
    Farooque Chowdhury
    Empire’s Fleeting Leadership in Its Yard
    16 Jun 2022
    The U.S. effort to control the narrative at the Summit of the Americas ended as a diplomatic and foreign policy disaster. The imperative to dominate blew up in the collective faces of the Biden…
  • Load More
Subscribe
connect with us
about us
contact us