Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Obama Wins, But the People Can Still Lose

Politics / US Politics Nov 08, 2012 - 04:19 AM GMT

By: Danny_Schechter

Politics

Best Financial Markets Analysis ArticleNew York, New York: A year into his presidency, Barack Obama began to plan his reelection bid. Having assessed the lessons of 2008, it was clear that grass roots mobilizations would be essential to assuring a turnout the next time around.


I made a film, on that political campaign, , exploring how local organizers built networks based in part on their candidates’ community organizing experience. While most of the media framed the issue as Obama versus McCain, I was more interested in how he planned to win, than regurgitating the campaign’s rituals and rhetoric.

From the beginning, the Obamanauts backed the idea of the “ground game” as essential to victory but it was soon enhanced with the latest new media applications—including blogs, facebooking, texting and tweeting.

The field director of that 2008 campaign David Plouffe became the campaign’s organizer in chief in 2012. He ran that ground game, the Democrat’s antidote to the TV commercial-driven  “air war” blitz engineered by Karl Rove and his large list of wealthy right-wing benefactors.

USA today noted, “President Obama and his aides cited a single reason for their re-election success. Turnout. Obama campaign officials said their get-out-the-vote organization – the people who make calls, knock on doors, micro-target potential voters and drive supporters to the polls – was more than three years in the making, building on their record-breaking effort in 2008.”

At first, Plouffe was the organizer picked by the candidate who had been an organizer to create a permanent campaign of organizers built on the model he engineered.

Initially, it was a network designed to build a more permanent movement, but soon turned into something else, as lawyer and former Yale Professor David Brown explained last April in a newspaper op-ed:

“It is disappointing that Organizing for America (OFA) has done so little to retool its successful campaign operation into something more. Much has been said about how from the beginning of Barack Obama’s presidential campaign, he mobilized more of a “movement” than a traditional political campaign. But a movement it has not proved to be — and one major reason has been the way Obama and his team have used his supporters since winning the presidency. Instead of encouraging Obama backers to get engaged in community initiatives, this remarkable network of citizens was essentially viewed as a lobbying arm to get top-down legislation moving inside the Beltway.”

It was maneuvers like this that lost Obama support with the 18 to 29 year old youth vote this year. He won 66 percent of it in 2008, but dropped to 59 percent nationally this year

A candidate who had been perceived an outsider was either co-opted or chose to become the ultimate insider even on the symbolic level. Early on, he tried to set himself apart by not conforming to wearing the American flag pin that seems to be part of the American politicians uniform, a contrived emblem of patriotic loyalty. That sartorial choice was soon abandoned

He was soon spending more time with his Wall Street supporters and national security team than progressives. His then chief of staff, Rahm Emanuel, now the Mayor of Chicago, showed outspoken contempt for cause-oriented supporters. Activists in the black community like Jesse Jackson were frozen out.

The newly re-elected Obama is now under pressure from Republicans and conservative Democrats to compromise with them in the name of lowering the national debt run up by the Bush wars. Former Bank regulator Bill Black calls such a compromise “the Great Betrayal -- the adoption of self-destructive austerity programs and the opening wedge of the effort to unravel the safety net (including Social Security).”

Obama backers spin this idea much more positively arguing their man, will try to strike a “grand bargain” deal before December 31 or risk a worsening recession in the first half of 2013.

The day after the election, the Congressional newspaper, the Hill,  indicated there is no appetite for any compromise in the Republican-led  but Tea Party dominated House of Representatives.

“House Speaker John Boehner (R-Ohio) informed his Republican colleagues that he will not give ground to Democrats on raising taxes despite President Obama’s victory on Election Day… Senate Majority Leader Harry Reid (D-Nev.) speaking hours after his caucus made surprising gains to its majority, countered that his side will not relent on extending Bush-era tax rates on wealthier households”

So, despite his victory, Obama returns to an environment of stalemate and confrontation that makes it very unlikely that he can enact his agenda despite his claim that “the best is yet to come.” Writes the Natuonal Journal: “After all that, it turned out to be a big old status-quo election. President Obama wins. The Senate barely budges. The House stays about the same.” The New York Times concludes: “Few if any expect him to seriously change Washington anymore.”

Wall Street seems to have turned on him, while the financial crisis that he inherited has not gotten much better. Many experts say that a President can do little to create more jobs by himself. It’s a “system thing,” not a personal choice. So much for the man who started as the candidate for “change,”

It was only more military spending and some seasonal part time work that recently lowered the unemployment rate, but GOP hostility to any and all stimulus programs insures that the government cannot prime the pump. . That fuels the expectation that the prospects for real change are stuck and/or sinking.

The foreign policy environment doesn’t seem much brighter. Israel’s President Bibi Netanyahu wasted no time to revive his threats to bomb Iran,

So, welcome to term 2 Mr. President, where you will be expected to be more of a magician than a mechanic.  What rabbits can you pull out of your hat?

News Dissector Danny Schechters film and book Disinformation. For more information, Http://www.plunderhecrimeofourtime.com.

News Dissector Danny Schechter has made a film and written a book on the “Crime Of Our Time.” (News Dissector.com/plunder.) Comments to dissector@mediachannel.org

© 2012 Copyright Danny Schechter - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in