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Monday, April 4, 2011

Change you can believe in as Obama expects to raise $1 billion

Street gangs have nothing on these people
If Obama supporters didn't know that the "Change you can count on" by voting for Obama four years ago referred to the hundreds of millions of dollars his rich patrons gave him, they certainly should by now.

Obama is getting his 2012 campaign of to a brisk start and he is expected to raise more than $1 billion, more than the  three quarters of a billion he raised in his first successful bid for the lucrative presidential chair. "I could not do what I do ... if I didn't know that I had a lot of people out there rooting for me and a lot of friends supporting me," he said at a $30,000 a plate fundraising dinner on Tuesday.   I wonder how many of those idealistic youth or working class African American supporters were at it.

Democrats like Obama will benefit from the Supreme Court's decision last year that removed restrictions on corporate and union campaign spending.   The corporations love this as they have much more money than trade Unions  Capitalists normally do in a capitalist society.  Obama opposed the decision but will also benefit from it, "It's unrealistic to ask candidates to forego this money, when by definition, if you do what you think should be done, you are going to lose," says Meredith McGehee of the Campaign Legal Center.  "The reality of governing means that he cannot now be all things to all people." McGehee goes on to say.  How right he is.  Obama is a candidate of finance capital and it is the interests of finance capital that he will serve. The same phony rhetoric is unnecessary now.  Obama is to put the US workers and middle class on rations and dismantle gains that took a heroic struggle and many decades to win. 

In his previous campaign, Only 25 percent of the money Obama received from individual donors came from those giving $200 or less according to the non-partisan Campaign Finance Institute in Washington. That 25% will likely be more reluctant this time around, even if they have the cash to spare.

One billion dollars to buy a political position----yep, the best democracy money can buy.  And please, scrape those damn bumper stickers off the car

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