Share on Google Plus Share on Twitter
  7
Share on Facebook Share on LinkedIn Share on PInterest Share on StumbleUpon Tell A Friend 7 Shares     
Printer Friendly Page Save As Favorite View Favorites View Article Stats
1 comment

General News

Obama Wins But The People Can Still Lose

By (about the author)     Permalink       (Page 2 of 2 pages)
Related Topic(s): ; ; ; ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

Headlined to H3 11/7/12

opednews.com

"House Speaker John Boehner (R-Ohio) informed his Republican colleagues that he will not give ground to Democrats on raising taxes despite President Obama's victory on Election Day" Senate Majority Leader Harry Reid (D-Nev.) speaking hours after his caucus made surprising gains to its majority, countered that his side will not relent on extending Bush-era tax rates on wealthier households"

So, despite his victory, Obama returns to an environment of stalemate and confrontation that makes it very unlikely that he can enact his agenda despite his claim that "the best is yet to come." Writes the Natuonal Journal: "After all that, it turned out to be a big old status-quo election. President Obama wins. The Senate barely budges. The House stays about the same." The New York Times concludes: "Few if any expect him to seriously change Washington anymore."

Wall Street seems to have turned on him, while the financial crisis that he inherited has not gotten much better. Many experts say that a President can do little to create more jobs by himself. It's a "system thing," not a personal choice. So much for the man who started as the candidate for "change,"

It was only more military spending and some seasonal part time work that recently lowered the unemployment rate, but GOP hostility to any and all stimulus programs insures that the government cannot prime the pump. . That fuels the expectation that the prospects for real change are stuck and/or sinking.

The foreign policy environment doesn't seem much brighter. Israel's President Bibi Netanyahu wasted no time to revive his threats to bomb Iran,

So, welcome to term 2 Mr. President, where you will be expected to be more of a magician than a mechanic.   What rabbits can you pull out of your hat?

News Dissector Danny Schechter blogs at newsdissector.net   His latest books are Blogothon and Occupy: Dissecting Occupy Wall Street (Cosimo Books). He hosts a show on ProgressiveRadioNetwork. (PRN.fm). 

Next Page  1  |  2

 

News Dissector Danny Schechter is blogger in chief at Mediachannel.Org He is the author of PLUNDER: Investigating Our Economic Calamity (Cosimo Books) available at Amazon.com. See Newsdisssector.org/store.htm.
Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Submit to Stumble Upon

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Is There A Threat of Fascism in the USA?

Free Marketers Going After Occupy Wall Street --Danny Schechter

COG OR COA: WHY IS OBAMA MORPHING INTO BUSH 2?

WERE THE BANKS TOO BIG TO FAIL OR THE BANKERS TOO BIG TO JAIL?

WHO OWNS OUR MEDIA AND WHY IT MATTERS

HARD TIMES ARE GETTING HARDER. ARE THEY EVER!

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
1 people are discussing this page, with 1 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

We already have lost, the minute Obama said h... by E. T. SIMON on Thursday, Nov 8, 2012 at 9:37:50 AM