Monday, May 6

Obama, Daley And FDR

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Since Roosevelt’s bid to become the United States’ first monarch there has been an amendment added to the Constitution banning more than two consecutive presidential terms. However, as things continue to get worse economically, could there be a loophole found, or political maneuvering done, to keep the gravy train rolling? Could President Obama, heir to the great tradition of pay-to-play, use the same old, tired tricks to keep his office far longer than would be healthy for the United States?

While I hate to play out a doomsday scenario, I cannot get a strange image out of head. As Obama’s second term reaches its halfway point and his party gets ready to find its new torchbearer, a powerful crisis, be it a war or economic meltdown, rocks the world. It could be Europe, already in the throes of a meltdown, China, an economic balloon the proportions of which have never been seen or even the insolubility of American debt. This crisis, which would be of proportions not seen since World War II, would evoke a cry from the party faithful to not the rock the boat and keep national leadership in power, preparing a possible path for the resurgence of the American monarchy.

Is this possible? It doesn’t feel like it is, but history has told this story over and over. A leader, supposedly benign and well-meaning, takes control of a nation out of control, with the expressed purpose of returning said country to renewal and prosperity. This return to normalcy, initially promised to happen very quickly, instead takes years, then decades. There is always so much more to do, and no one else who can be trusted to do it, to insure the growth and prosperity of the nation.

In the end, however, the only thing that grows is the power of the supreme leader and his government. It happened in Germany and Russia, it is currently happening in China and, unless we remember the principals that made us great, it could happen here too.

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4 Comments

  1. Good Piece.  However, what Theo is really saying is that nothing has changed, in fact it’s gotten worse.  It goes beyond Party Politics.  It doesn’t matter whether it’s Republicans or Democrats. Obama, Bush, Cheney, Daley, Democrat, Republican, African American, Irish American, Italian American, it doesn’t matter.  This Country is in the middle of a DEPRESSION just like 1929.  It’s not a Recession,  it’s a DEPRESSION.  This Country needs to be overhauled like the Roman Catholic Church.  What we need is a fucking REVOLUTION!  We need to take care of America first and foremost.  Forget about trying to Police the whole God Damn World.  Worry about America and AMERICA FIRST.  Love begins at home!  I don’t give a God Damn about Democracy in Iraq or anywhere else in this world.  Fix America and forget about everything else until America is fixed with decent Health Care, A lot more Job Opportunities, a Decent Income Tax Structure ( like abolishing it altogether) and just charge a flat 10% sales tax on all goods purchased,  Better Schools,  Better Banking System,  Stop corruption on Wall Street,  Help people from suffering foreclosures etc.  FIX AMERICA and then worry about what the people in Iraq are doing!

  2. Well someone just read Burton Folsom. 

    This is frankly a highly bias, one-sided, unfounded use of hearsay and conspiracy and a severely paranoid cobbling of the facts…FDR’s “New Deal” lifted us from the toilet and whether you like it or not, fiscal stimulus and interventionism in the face of disaster is supported among most fiscal experts from Wall Street CEOs like Blankfein, Pandit and Dimon to economists at ratings agencies and financial services firms throughout the country and here in Chicago like Mesirow.  They don’t refer to themselves as Keynesians or socialists either…and I’d be willing to bet they know a bit more about capital markets than you. 

    The fact is that after FDR, Federal Taxes continued to plummet and the role of the government only increased with the population of the American people, under conservative Presidents and liberal presidents.  FDR’s stimulus was supported by tax increases, specifically excise tax increases that affected all classes equally.  We actually didn’t turn into Stalinist Russia or any other conservative nightmare following FDR, your piece really lacks a strong thesis.  Its clear you are a conservative who doesn’t like Obama.  There is nothing wrong with that and nothing wrong with expressing your frustration.  There is something wrong with using a string of facts to mislead people and present a paranoid conspiracy that we are headed towards Stalinist Russia.  Idiotic and a classic symptom of the severe polarization happening in this nation…its no longer “I disagree with you” its “You are the anti-Christ.”  The fact of the matter (and I’d welcome you to explain this to me) is that Obama made his fortune in the capitalist system and Wall Street firms including Bain Capital (The firm Romney co-founded) continue to donate more to Obama’s reelection campaign than any GOP candidates campaign combined.  Obama continues to hold Wall Street close…and Wall Street is capitalism…and this frankly is a well-known fact among the non-Glenn Beck watching rational minded. 

  3. We get it Theo, you’re a Republican and you hate Democrats. 

    Well, you know what? Nobody gives a fuck about bullshit right vs. left political gamesmanship. 

    A new poll shows that the middle-class thinks that Republicans in Congress are a bunch of do-nothing obstructionists whose only goal is to beat Obama. For Republicans, if the economy sucks, they are ecstatic because they think it will improve the GOP’s chances in 2012.

    Republicans have overplayed their hand. They gleefully defend tax cuts for the 1%, subsidies for oil companies, and then tell the middle-class that we have to cut social security and medicare. They refuse to pass a jobs package and become giddy when public workers are thrown out of work. 

    There is not a chance in hell that voters are going to turn the reins of government back over to more do-nothing Republicans.