The Stiftung gets at a point we've been mulling for a while now, which is the "Warlord-lite"ism of the Hopester, natch:
For all of that, Obama is Warlord-lite once again. Agitprop spinners and gullible U.S.-we-canners aside, the defense industry quite rightfully breathes a sigh of relief — as their stocks soar on the news.As Superjesus Black Reagan pronounces to his poodle-skirted fan club that he sees a "glimmer of hope" and sends human paraquat Larry Summers out to explain that we are aallllllmost at the bottom, MosSecDef Gates pitches increases as decreases for spending on so-called Defense. The Bailout remains stage magic at best as Obama's thirtysomething forensics team seeks to prove the power of words, mere words to inspire "confidence," a word that should give any observer pause, even when not immediately followed by game. Still struggling to recapitalize and reinvigorate "legacy" (read: failed, bankrupt in all but name) institutions by monetizing fictitious assets in the mobius-strip logic of late Late Capitalism, they're clearly out of their depth, none more so than the President himself, who would in a more realistic world have been hired by his predecessor to be the American Ambassador to America, a glorious reified symbol with a knockout wife and excellent table manners.
The alleged Gates “cutbacks” are merely a piece with the Potemkin nature of Obama’s budget and TARP/financial rescue plan. Essentially to anyone not still drunk from the Inaugural buzz, the Obama Administration’s claim to fame so far is ‘hey we’re slightly less whacked than those other guys’. Change yes, but less than meets the eye. The ‘vital’ Obama federal budget delivered less than a month ago is blown into vapor by their sudden admission (DOH! - as everyone outside the Administration knew) that the economy in fact wouldn’t grow and begin recovery this June as they claimed. Much less reachg 3.3. GDP next year.
Youth, teen-girl appeal, Ivy-League background, hawkishness, and a hopelessly mediocre intellect, Obama really is the second coming of Kennedy assassiné. What did Joe Biden call him: nice, young, clean, and articulate? Seen at the time as regrettably racist condescension, it seems in hindsight a perfect and prophetic estimation of a candidate-in-permanence who's plainly not up to the task.