http://progressivelabor.890m.com/index.php/challenge-newspaper/browse-by-category/workers-struggles/56-workers-struggles/717-baracks-capitalist-dream-team-workers-nightmare


Barack’s Capitalist Dream Team: Workers’ Nightmare

Written by challenge
Monday, 17 November 2008 02:48
The emerging “Team Obama” boasts many of U.S. capitalism’s most
vicious racist job-, wage- and benefit-cutters and imperialist
warmakers. Economic hit-men like former Federal Reserve Chairman Paul
Volcker, Clinton’s Treasury-Secy. Robert Rubin and his assistant Larry
Summers, and Clinton’s NY Fed chairman Timothy Geithner comprise
Obama’s money trust.

Their policies directly raised unemployment to levels unseen since the
1930s, dismantled Welfare and helped engineer Wall Street’s
“restructuring,” which this year alone has cost 1.2 million workers’
jobs. Government figures show 21.2 million workers out of work or
unable to find full-time jobs. (NY Times, 10/8) Meanwhile, executives
of failed firms haggle over the size of their multi-million-dollar
“golden parachutes.”

John Podesta heads Obama’s transition team. The lobbying firm he
founded fronts for BP, Boeing, General Dynamics, Lockheed, Northrop,
Raytheon, and other cogs in the Pentagon war machine. Rahm Emmanuel,
Obama’s new chief of staff, served in the neo-Nazi Israeli Defense
Force during the genocide of the first Gulf War.

The Rockefeller wing of the ruling class, expecting potential
opposition to capitalism’s putting the screws on the working class,
has been planning Obama’s rise for some time. As CHALLENGE has
reported, Rockefeller money sent Obama to Harvard and then to a
professorship at the U. of Chicago and then to the “electric” speech
at the 2004 Democratic Convention which gave him the national
spotlight. It was then that he started pushing the rulers’ “all-class
unity” (“We’re not blue states or red states; we’re the United
States”), now his watchword. In Obama the rulers have the perfect guy
to champion this.

According to the NY Times (10/5), Obama’s forces began organizing this
campaign the day after he was elected to the Senate from Illinois two
years ago. They figured out how to raise hundreds of millions of
dollars, outspending McCain four to one.


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