Wednesday, August 11, 2010

Frustrated White House Slams “Professional Left”

by Yves Smith from Naked Capitalism

This excellent blogger with a long career in the financial services industry knows of what she writes.  In this article she goes into some detail to show how the Obama administration, the current employees of the ruling class residing in the executive branch of the official US government, are disciplining those on the anemic political left in the US.

She introduces her topic with this statement:
...this is an Administration that, ironically, seems to think its Faustian pacts with corporate interests can be sold to a presumed-to-be-clueless public with artful PR. But this supposedly media savvy bunch has persistently violated a fundamental rule of marketing: you don’t misrepresent your product. While politicians all oversell what they can accomplish, the Team Obama campaign has become increasingly desperate as the inconsistency between the Adminstration’s “product positioning” and observable reality become increasingly evident.