Click here to access video interview on Real News Network conducted by Paul Jay with economist Michael Hudson.
Hudson talks about what I think of as the "good cop, bad cop" strategy that the current political operatives are using via Obama to slash more public benefits.
I see Obama and Rep. Boehner as merely the starring actors in this drama. The reason why the capitalist political party of Democrats selected Obama for their Presidential candidate was because they saw him as a gifted orator and a "minority" person that would have widespread appeal among the naive electorate, but someone they could trust to carry on their agenda. He has not disappointed them.
Of course, Hudson is no radical: he would like to see capitalism reformed. But, that is something like trying to train a wolf to become a vegetarian.