The Official Obama Apologetics

(8 am. – promoted by ek hornbeck)

It has taken a few days, but a new great wall of Obama apologetics has been laboriously constructed at the great orange fortress of wishful thinking called DKos. Let us bask in the freedom of Democratic incorrectness that Docudharma provides to summarize the official apologetics. Here they are in Q&A form:

Q: Why did Obama appoint Summers and Geithner, men deeply implicated in the undermining of the financial system for years, to “clean up” this huge mess?

A: No progressive economist (e.g., Stiglitz or Krugman) could possibly have passed the guard dogs of the plutocracy in the US Senate. Dangerous Socialists like Nobel-prize-winning Princeton economist Krugman could never have been confirmed.

Q: Why is Obama allowing Geithner to shovel trillions in taxpayer money into the bottomless pit of Wall Street?

A: Geithner believes that an overpaid and rapacious elite can manage the US economy far better than colorless bureaucrats who are merely public servants. Thus, Geithner needs to give Wall Street’s predators another chance to gamble away the future financial resources of the republic. Obama hopes that Geithner may get lucky, but he can replace him with another plutocratic guardian if he “fails.”

Q: Why is the government not aggressively investigating the quality of the dubious “toxic” assets so as to have a sound basis for estimating the magnitude of the damage and properly guiding the recovery policy?

A: Obama believes that it is his highest duty to manage public perceptions for the greater good of America, and if that management task requires concealing the magnitude of underlying cause of the current financial disaster, then it is a patriotic act to conceal the truth. The less the public knows about the magnitude of the toxic bubble, the better.

Q: Why won’t Obama simply nationalize failed banks, fire the bad management, and rebuild the banking system in a manner that serves the public interest.

A: Presidents who attempt to discipline the plutocracy don’t finish their term in office. Obama’s job is to give the people hope by slightly reducing the scale of looting of public funds.

Q: How can the people maintain their confidence in Obama?

A: Every time Obama betrays the public trust and fails to honor his campaign pledges, the people will be reminded of how much worse a McCain administration would have been.

So there we have it. Obama, our national savior, is protecting the rich from the poor and the powerful from the weak, and all the while he is making us all feel better about having change we can believe in: the pocket change that is all most of us will own when this is over.

33 comments

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    • Edger on March 25, 2009 at 3:53 am

    • Edger on March 25, 2009 at 3:54 am

    Or is he just out-numbered?

  1. Why did Obama appoint Summers and Geithner, men deeply implicated in the undermining of the financial system for years, to “clean up” this huge mess?

    Krugman wasn’t interested.

    Why is the government not aggressively investigating the quality of the dubious “toxic” assets so as to have a sound basis for estimating the magnitude of the damage and properly guiding the recovery policy?

    Stress tests anyone?

    Why won’t Obama simply nationalize failed banks, fire the bad management, and rebuild the banking system in a manner that serves the public interest.

    Nationalization or buying toxic assets: a false dichotomy.

    Just a few alternative responses. The “other side” is not as vacuous as one might expect.

    • Viet71 on March 25, 2009 at 3:27 pm

    — He thinks the economy we had from roughly 1980 – 2007 can be revived and should be revived.

    — He thinks the current economic malaise is a problem of Americans lacking confidence in the economy and thinks he can, by talking to Americans, restore the needed confidence.

    — He thinks Americans don’t know and don’t care to know about the problems facing the U.S.

    — He believes America is best governed by an elite class of insiders.

    — He thinks some lives are worth more than others.

    — He thinks all the problems he faces are political in nature.

  2. …it rolls off the list.  These are the sophistries not only of dkos but also of mainstream political Amerika.

    We could add the same Q&As with 1) Iraq/Afghanistan, 2) “Universal” health care w/ insurance companies in place, 3) FISA & warrantless wiretapping, retroactive immunity, 4) No prosecution of Bush Co. …

    It’s an almost endless list of no change we can believe in.

    He has truly signed on to the Faustian deal with the devil he made to get to the White House.

    Depressing and sad.  It’s all too familiar.

  3. The mission is to end the United States of America in favor of a more solid and visible world government.

  4. Is unfortunately what Mr. Obama seems to be, a new face on the same rotten imperialism and looting.

    I swear to god that when he was out there talking about fighting Al-CIAda in Afghanistan that it could have been Bush himself speaking, he even invoked 9/11.

    The only change is chump change and we are the ones being played for chumps.

    Just my two cents

    EE

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