Barack Obama's Test for Capitalism

From the evidence that is being presented daily on television news media, the socio-economic system of Capitalism has been proven guilty of failure. In accordance with pop media’s decade long trend, the verdict was reached before the litigators even had a chance to try their case. Now slowly in a more realistic time scale than the frenetic pace of television, the case is being heard in a somewhat obscured but accessible forum. The Americans that elected Barack Obama the next president of the United States deserve answers, and against the odds of the Republican Right led news media the issue is being tried. Even as Hank Paulson evaporates more effectively than a lame-duck president, the George W. Bush’s led federal government tools on under the surface of their traditional clandestine mandate. One thing is for sure. As George begins to style for the camera in a time formally spent enjoying the Christmas holidays, all holy hell is breaking lose in government. Could anything be more politically ironic than Illinois Governor Rod Blagojevich being arrested for trying to sell President-Elect Barack Obama’s former senate seat? Nothing better could represent America’s battle over good versus evil than this scenario. The New Messiah nary has left the seat cold before the cuckoo’s begin to fester. While Obama’s election was an event of historic perspective because of his race, the events shrouding his inauguration are even more epic. That issue is the critical examination of America’s Capitalist system of economics. Could there be more obstacles hurled at a newly elected President? President Bush, in one of his most lucid statements ever, did remark that Capitalism has not failed. He maintained that its management had, and in the long run this surely is what will be discovered. It takes time to try and prosecute corruption on so many levels. What is amazing is how President Bush has been able to keep himself clean. Ensconced squarely in the middle of America’s second worst economic disaster, Bush is sliding out of office on a Criscoed beeline leaving his mess to be cleanup up by Barack Obama. Something smells, and the snipe hunt should begin with Newt Gingrich, Alfonse D’Amato, Vin Weber, Susan Molinari, and Susan Hirschmann. All of these former Grand Old Party lawmakers contracted with six figure salaries were hired by Freddie Mac to thwart a financial regulatory drive instigated by Washington. Bush it seems along with former Federal Reserve Chairman Alan Greenspan tried to sound the alarm about the potential consequences of the failures of both Freddie Mac and Fannie Mae. Bush it seems is not all bad but is an extreme pushover when his pals come knocking at his door for a bailout at the expense of the American people. Bush’s White House is guilty of naivete and trying to substitute a Texas barbecue for solid knowledge of America’s socio-economic system. The wealthy often are at fault for this reason. When you are spoon fed from birth, you never have a chance to grow up. In a nutshell growing up could be represented by working for free picking cotton in the fields of the American South. Certainly you are not going to grow up sitting on the front porch of a millionaire’s home in an elite suburb of Dallas. President Bush knows now he was not up for the task of leading America, but is it too late? The lesson that needs to be learned is eating quail’s eggs, foie gras, and caviar are grounds for beheading by the peasant class. Bush doesn’t speak French, but the scenario in which he is engulfed is not that dissimilar to that which spawned the French Revolution. Capitalism is a double-edged sword, and without the frugal self-discipline needed to shore up its effectiveness, it becomes a nightmare. The now defunct images of Jimmy Hoffa, Norma Rae, and labor unions represented this religion of economics. Without sacrifice Capitalism will fail.