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Re: [Marxism] Reflections by Fidel: The Start of the Summit
Correct analysis? Positive on Obama? Crikey, there's more to this than
just the election of a black man to front the door at the concentration
camp/casino of capitalism.
Obama bears no political responsibility for the current economic crisis?
Wasn't he elected to the US Senate in 2004? Didn't he, our not-responsible,
rising star vote for several iterations of war funding? Or is somehow that
war, and the super-inflation of oil prices 2003 to mid 2008 somehow distinct
and separate for this current economic predicament?
And... didn't he select Geithner, Mr. Gut theirs, Bailout Ours, as Sec of
Treasury? Didn't the Obama administration pressure the Senate to remove the
restrictions on bonuses? Didn't the Obama administration extend and
re-extend on easier terms the bailout to AIG, or was that some other
administration led by someone who just looks and talks like Obama, but isn't
the real Obama?
No responsibility? Why is that? Because the Republicans held the executive
branch in 2007? Well, the Dems held the legislative after 2006, so what
responsibility belongs there?
Oh yeah, and that part about increased financial regulation to make sure
"this never happens again"?? that positive part of the G20? Well you want
to know what the first manifestation of this new era in rigorous regulation
was? The easing of accounting rules, so banks, who embraced "mark to
market" reporting in the up market as if it were the alchemists magic
formula, no longer have to mark to market in down markets-- thus
"decoupling" reported asset value from actual market value.
And those positive comments about the IMF helping developing countries--
well, f--k, all I can say, as respectfully as possible, is that clearly
Fidel does not know what he is talking about. [I can hear the sudden
intakes of air from here. Awaiting the explosive exhalations with calm
resolution].
Or in the immortal words of the 3rd officer and sole survivor of the mining
ship Nostromo put it at the board of inquiry:
"Did IQs drop drastically while I was away?"
----- Original Message -----
From: "Fred Feldman" <ffeldman@xxxxxxxxxxxxxxxx>
To: <sartesian@xxxxxxxxxxxxx>
Sent: Friday, April 03, 2009 10:00 PM
Subject: [Marxism] Reflections by Fidel: The Start of the Summit
Given the many criticisms that Fidel, Raul, and other Cuban leaders make of
Obama's stance and policies, Fidel's assessment of the significance of his
election is very calm and balanced and correctly positive, in my opinion.
Fred Feldman
Reflections by Comrade Fidel
http://www.cuba.cu/gobierno/reflexiones/2009/ing/f020409i.html
THE START OF THE SUMMIT
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- Thread context:
- [Marxism] "Bernie Madoff was a piker" - Bill Moyers interviews a straight shooter,
Dbachmozart Sat 04 Apr 2009, 03:15 GMT
- [Marxism] Capitalist consolidation of high tech,
J Rothermel Sat 04 Apr 2009, 02:45 GMT
- [Marxism] Lily Allen,
Politicus E. Sat 04 Apr 2009, 02:08 GMT
- [Marxism] Reflections by Fidel: The Start of the Summit,
Fred Feldman Sat 04 Apr 2009, 01:30 GMT
- [Marxism] A tribute to Steffie Brooks, by Paul LeBlanc,
Fred Feldman Fri 03 Apr 2009, 23:37 GMT
- [Marxism] Krugman on the Britsh Empire,
MICHAEL YATES Fri 03 Apr 2009, 22:41 GMT
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