Friday, January 20, 2017

"Don’t blame it all on racism. During the financial crash Obama sided with the bankers, not people losing their homes – making Trump’s victory possible."

On this most auspicious of days, it bears repeating that I admire Barack Obama immensely as a human being performing a thankless job. We may not see the likes of him again, and that's to be regretted.

However, it's simply inescapable that one must separate the man from the performance, and the legacy of Obama's record is mixed. Posterity will probably enhance this legacy owing to the shambles of what came before it, and what's about to happen next -- that is, if we have anything approximating real news in the future.

The overarching point remains: Without properly understanding what has happened these past eight years, we cannot understand neither why Donald Trump is taking office as president, nor what a proper opposition political organization looks like.

Buckle up. America's about to indulge its inner white trash, and the results are not likely to be therapeutic.

How Barack Obama paved the way for Donald Trump, by Gary Younge (The Guardian)

Don’t blame it all on racism. During the financial crash Obama sided with the bankers, not people losing their homes – making Trump’s victory possible

 ... One cannot blame Obama for Trump. It was the Republicans – craven to the mob within their base, which they have always courted but ultimately could not control – that nominated and, for now, indulges him. And yet it would be disingenuous to claim Trump rose from a vacuum that bore no relationship to the previous eight years ...

 ... There is a deeper connection, however, between Trump’s rise and what Obama did – or rather didn’t do – economically. He entered the White House at a moment of economic crisis, with Democratic majorities in both Houses and bankers on the back foot. Faced with the choice of preserving the financial industry as it was or embracing far-reaching reforms that would have served the interests of those who voted for him, he chose the former.

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