Added: Nov 23, 2008
From: historywillabsolve
Duration: 3:43
In the openly imperial foreign policy chapter of his Kennedy-esque campaign book "The Audacity of Hope," Obama criticized "left-leaning populists" like "Venezuela's Hugo Chavez" for thinking that developing nations "should resist America's efforts to expand its hegemony" and for daring (imagine!) to "follow their own path to development." Such dysfunctional "reject[ion] [of] the ideals of free markets and liberal democracy" along with "American" ideas like "the rule of law" and "democratic elections" - interesting terms for the heavily state-sponsored U.S. effort to impose authoritarian and corporate-state capitalist policy imperatives on impoverished nations - will only worsen the situation of the global poor, Obama claimed. Obama's bestselling book and supposed proclamation of "progressive" faith (the candidate used that word to describe himself on numerous occasions in the volume) ignored a preponderance of evidence showing that the imposition of the "free market" corporate-neoliberal "Washington Consensus" has deepened poverty across the world in recent decades. Billions are forced to live in ever-more extreme poverty as Obama's book audaciously instructed poor and exploited states that "the system of free markets and liberal democracy" is "constantly subject to change and improvement." Those who have the time and energy to examine the overwork-plagued U.S. "homeland" might want to note the ever-escalating inequality of U.S. society and the related, ever-deepening insecurity experienced by American working people. Such is the ugly reality of "life," even in the U.S. - home to what Obama's book obsequiously called "a prosperity that's unmatched in history" - under the rule of the neoliberal doctrine that big business upholds and which Kennedy helped advance before the last embers of the social democratic and New Deal traditions had died out in U.S. political culture. Those traditions were snuffed out with no small help from the criminal Vietnam War that Kennedy did so much to escalate.-- Paul Street
Channel: News
Tags: austerity bankers barack big bros business candidate capital chase citigroup class corporate demagogue empire finance goldman imperialist jp lehman liar market militarist morgan neoliberal obama plutocrat puppet robert rubin ruling sachs speculators stanley street tyranny wall
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