Obama’s political theatre
Published: 29 January, 2010, 02:55
Edited: 30 January, 2010, 21:51
TAGS: Obama, Politics, USA, Economy
Barack Obama has assured Americans that he will not accept an economic second place for the US in his State of the Union address on Thursday.
He mentioned China and Germany as possible first place rivals, but trend forecaster Gerald Celente says there is no comparison with these countries and the whole address was just a farce:
“How could you compare with what China’s doing. It has 2.5 trillion dollars in reserves, and they could afford to boost their economy. They are the number one exporter in the world. Germany? Oh, yes, try number two exporter. Where’s the United States? Oh only 12 trillion dollars in debt…”
Celente said Obama is no different from George W. Bush or Bill Clinton in staging his “political theatre” and exercising “the second oldest profession” – politics.
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29.01.2010, 03:44
6 comments
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Obama is just a "street organizer" from South Chicago with no particular talent to be the president of USA. The real power lies with the military, industrial and financial leaders of the country. His State of the Union speech revealed that he is clueless as to how to lead the United States in the 21st century.
He may not accept it, but his successors are going to have to live with it. China with a massive population, expanding industrial base and increasing targeting of a higher position in the value chain, is going to be the number one economy, up there with India. It is a simple fact, they have the numbers and they have the singular consistency of purpose to achieve their goals. They also have built up economic levers over the US that they can deploy whenever needed to control US currency. What Obama needs to focus on is America, not the rest of the world. He needs to get the US back to work, back to school, back to health, back to competitiveness and back to principles. He is better making a 300 million power house, than a sprawling inefficient empire that can't economically compete with anything, as it is dragged down by assets that are not aligned with the core business. The US has actually to go backwards, to move forwards. It needs to get back to its roots of self sufficiency, of opportunity, of freedom. It needs break up the capital power houses, into smaller competing organs, it needs to break up the power of financial lobbying in parallel. At the moment Obama looks the usual western package fine words and evil deeds. What he needs to do is issue fine words and fine deeds, within a framework, that delivers piecewise improvements, in a timely fashion, to improve American's lives. That improvement should be by enablement, rather that social nanny support.












What does it get a country when it elects a president bases on news media hype and political lies? A ship of state that has lost it's rudder.