The author explains how the rich ruling class uses the Democratic Presidents to do the real dirty work involved in dismantling social safety nets for working people while heaping gifts onto the rich. All of this bitter medicine is swallowed with a few sweeteners for the compliant "liberal" crowd to cheer about. It's amazing to see how the ruling class manages public opinion much like a conductor directs an orchestra.
The Commentariat now gravely applauds his recent victories in the US Congress: repeal of the Don't Ask, Don't Tell inhibitions on gays in the military; Senate ratification of the new START treaty on nuclear weapons with the Russians; passage of a $4.3bn bill – previously blocked by Republicans - providing health benefits for emergency rescue workers in the 9/11 attacks of 2001.************
Something missing from my list? You noticed? Yes indeed: first and absolutely foremost, the successful deal with Republicans on taxes, better described as a $4 trillion gift to America’s rich people, by extending the Bush tax cuts. With the all-important tax surrender under their belts the Republicans don’t seem too upset in having allowing Obama’s his mini-swath of victories.
It [the tax bill] was a deal of refined cynicism, containing the poison pill of what has been billed as a generous gesture to working people - a $120 billion reduction in Social Security contributions by labor – reducing the rate of contributions to the Social Security pension fund from 6.2 per cent of wages to 4.2 per cent. But in fact this is a tripwire, setting up an onslaught on Social Security a year down the road as underfunded and going swiftly bankrupt and ready to be auctioned off to Wall Street.