Michael Rectenwald: 'Only a working-class majority can overcome power elite and end wars'

November 3, 2010 by legitgov

Michael Rectenwald: 'Only a working-class majority can overcome power elite and end wars' 03 Nov 2010 Michael Rectenwald, Ph.D., CLG founder and chief editorialist said, 'I predicted that Obama would destroy the Democratic Party almost a year ago. I argued that Obama has brought ruin to the party by more than grossly under-delivering on lofty promises. Tonight's outcome will bear that out.'

The Obama Effect: The Demise of the Democratic Party and a Gift to the Country By Michael Rectenwald, Ph.D. 11 Dec 2009 The decision to escalate Afghanistan War should put the final nail in the coffin of "change" and "hope" that Democrats and others crawled into when they supported Obama. The evidence that Obama is every bit the representative of the corporate oligarchy and no less a corporate shill than the rest has been mounting for nearly a year-or well before the election for the cognoscenti. Only fanatics could have heard Obama's speech on Afghanistan and failed to hear the resonances of Bush. But the writing was on the wall over a year ago when Obama supported the bailouts of the banks and brokerage firms that leveraged their destruction of the economy on the foreclosures of homes. Few could miss the fact that the health care reform bill, should it ever pass, will be another unwarranted and gratuitous bailout-this one of the insurance and pharmaceutical companies... Only a working-class majority can overcome the power elite and end the wars.