Obama Comes Out Swinging

By Matthew Rothschild, March 2, 2009

Finally, Obama’s coming out swinging.

In his radio address over the weekend, he recognized that he’s in for a slugfest, and he did not shrink from it.

He called out the insurance industry, and the banking industry, and the oil and gas companies, and then he said, in the plainest English he’s mustered so far: “I know they’re gearing up for a fight as we speak. My message to them is this: ‘So am I.’ ”

That was his best FDR impersonation yet, and it’s the toughness he’ll need, not only against these special interests but against their puppets in the Republican Party and their hatemongers on rightwing radio.

For even as Obama was toughening up, there was Rush Limbaugh addressing the conservative faithful, sneering that it wasn’t Obama’s race that bothered him but his politics, though the mere mention of his race had its desired effect on the base, I’m sure.

“He could be a Martian. He could be from Michigan. I don't care. It doesn't matter to me what his race is,” Limbaugh said. “It doesn't matter. He is liberal. That's what matters to me.”

Limbaugh reiterated his hope that Obama fails, qualifying it this time by saying, “if his mission is to restructure and reform this country so that capitalism and individual liberty are not its foundation.”

In his bombastic and demagogic way, Limbaugh put his finger on the heart of the ideological debate today: the assumption that capitalism and individual liberty are equally to be protected.

But capitalism and freedom are not equally to be valued. Nor do they go hand in hand.

The freedom to be swindled and then foreclosed on, the freedom to be unwittingly unemployed, the freedom to go hungry, the freedom to go without health care—these are not the freedoms we need.

Obama seemed surprised, at his first press conference, that the rightwing was still fighting the New Deal. In essence, that remains the battle today, though.

The apologists of unfettered capitalism, like Limbaugh, still applaud the system, despite its obvious malfunction. They cannot accept a positive role for government in promoting the general welfare, as the Constitution requires. They cannot abide government regulating business, as corrupt and inept as Wall Street and Detroit
have proven to be. And they don’t want FDR’s “freedom from want” to become a reality because they understand that making people desperate to work helps out the boss, who can get away with paying less.

Obama not only needs to remain tough and willing to fight. He needs to be more, not less, ideological. Rather than accept the falsehood that capitalism and freedom go together, as he did in his Inaugural Address (“Its power to generate wealth and expand freedom is unmatched”), he needs to sever the two. Then Americans can have a real choice between unfettered capitalism and full freedom.

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Comments

Satya says,

"Obama's current framing of the issue is annihilating this argument with younger voters."

Yes, well, satya, I wonder how all your (bliss it was to be) young, in their new hip wisdom and hubris, will like it when they have to endure far higher payroll taxes to take care of all us aging boomers, even as they also cope with the already skyrocketing and unsustainable deficits Obama is running up, which are yet to be dwarfed by the Social Security and Medicare debt tsunami soon to arrive. Can't wait for all the help your generation is going to give us. You know, all us old coggers who still drool and sputter out terms like "socialism and "capitalism." Some of us even know what "corporate statism," a la Mussolini, is as well, and can see Obama's massive redistribution UPWARD to AIG, Morgan Stanley, Bank of America, etc., as a clear sign that this is exactly what he intends as a way to transcend fuddy-duddy old "socialism" and "capitalism." Perhaps, oh brave new worlder, you might induce a few of your youthful geniuses to read a bit about Mussolini and how admired he was in the early days of the New Deal just to get a wee small sense of what I mean.

As for paying and paying for this fun and games, I wonder also how your same fine young cannibals will like foregoing the income they are to lose due to cap and trade, which in their infinite wisdom they actually believe will lower temperatures (a goal I still cannot see a single reason to desire), but which in fact NOT A ONE OF YOU LEFTIES will ever be able to verify, if you even care to. Especially given that India and China will swamp the miniscule effect c-&-p here may have and will NEVER be so stupid as to buy into the Chicken Little fantasies used to jusify this insanity in the enlightened minds of your oh-so with-it youth cohort.

Here, for example, are the results of a detailed study by the George C. Marshall Institute of the consumption foregone under the Lieberman-Warner cap and trade boondoggle, which will be

"equivalent to a permanent tax increase for the average American household. This increase is projected to amount to an additional $1100 in taxes in 2008. Moreover, this cap-and-trade "tax" increases over time in real terms from about $1400 to $2000 during 2015-2030 and approximately $2000 to $3000 in 2030-2050."

Us old farts won't make it to 2050, fortunately. Have fun as you "yes, we can" your way forward into the stagnant corporate statist future Obama is laying out for you. Since the climate has been cooling already for the past ten years, perhaps you will also get the benefit of the new ice age you appear to long for. Bundle up.

Submitted by JonBurack on Tue, 03/03/2009 - 10:26pm.