Yes, I am truly disappointed in President Obama's capitulation to the wealthiest and greediest American representatives. He has wasted his mandate, given to him in a resounding election result in 2008. While the health care reform was a miniscule start, he went downhill since that time. While I understand the odds that were stacked against him by the ruling class in America, and the horrible economic disaster he inherited from former President George W. Bush, and two wars, nevertheless his timid handling of matters has been a disappointment. We now are adding almost a trillion dollars in additional debt, gave the wealthiest Americans some tax and other breaks, and in the end Obama himself will be blamed for the disasterous lengthening of our economic woes. The economy was improving slowly but steadily, and he has now surrendered to the greediest factions in American society. Sad.
The wealthy, ruling class in the United States have purchased benefits for themselves that are being used to destroy the American economy and further burdening the poor and middle class with the bill. No longer are workers being paid a wage that allows them to buy the products produced by American corporations in slave labor nations. No longer can middle class people afford to send their children to the college or university of their choice. And if the financial and banking community makes mistakes, they are given tax money to get their economic footing back and give huge bonuses to the executives who caused the mistakes. No longer is there a rule of the majority because information that would accurately inform Americans is being presented by lies and distortions by the puppets of the rich. And when elections are carried out, the information is purchased by the wealthiest Americans. Example...
[From news reports by the Milwaukee Journal Sentinel on December 5, 2010, page 9A, from news coverage presented by T.W. Farnam in the Washington Post:] "The newly created independent political groups known as super PACs, which raised and spent millions of dollars on last month's elections, drew much of their funding from private equity partners and others in the financial industry, according to new financial disclosure reports.
"The super PACs, all formed this year, together spent $83.7 million on the election. The figures provide the best indication yet of the impact of recent Supreme Court decisions that opened the door for wealthy individuals and corporations to give unlimited contributions.
"Super PACs provide a means for the superwealthy to have even more influence and an even greater voice in the political process..."
"American Crossroads, a conservative super PAC that outspent its peers, pulled in six- and seven-figure donations from the financial industry. That included $500,000 from Anne Dias-Griffin, founder of the Aragon Global Management hedge fund, and her husband, Kenneth Griffin, founder of the Citadel Investment Group...
"Crossroads, which was founded with the support of Bush administration adviser Karl Rove, raised $70 million, much of it used to support 10 Republican Senate candidates and 30 Republican House candidates.
"John Childs, founder of Boston-based J.W. Childs Associates, gave $650,000 to the Club for Growth, an anti-tax group...
"Most of the donations from the financial industry went to interest groups attacking Democrats..."
And so it goes. Not only are you and I beholden to these right-wing, greedy, tax-break organizations, but many Republicans AND Democrats are afraid to cross these wealthy individuals and organizations. Our democracy has been hi-jacked by the wealthiest Americans. Don't think for a minute that this greed will EVER act in your interest. This group has one motto: "I've got mine; too bad about you." And you and I are not only prey to these groups, we actually doom ourselves by supporting their candidates!
A small group of wealthy individuals gave to Democrats [i.e. George Soros], but it is a drop in the bucket compared to the greed and deviousness of the right-wing financial bonanza. And George Soros has supported the exact opposite of the greedy wealthy, and has supported breaks for the poor and middle class, a definite difference in objective.
The Republicans don't have to wait until January to take office, they have already compromised the White House in their favor. Welcome peon to the new order in America.