Obama Plays Phony Populist Card: Says GOP ‘Party of the Rich’

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In Obama’s Weekly Presidential Address he slammed the Republican party for obstructing extending jobless benefits to the most needy Americans. He labeled them the “party of the rich,” pitting the middle-class populist movement against the GOP.  Reuters reported on the address:

President Barack Obama stepped up criticism of Republicans on Saturday for blocking jobless aid, hammering home a Democratic election year attack line that casts the opposition as the party of the rich.

‘Too often, the Republican leadership in the United States Senate chooses to filibuster our recovery and obstruct our progress. And that has very real consequences,’ Obama said in his weekly radio and Internet address.

Apparently he recognizes that the top-down debate is what people are listening to, and in perfect form he spins the argument into a left-right debate. Yes, Republicans are holding up unemployment benefits which is deplorable given that they helped bailout the banks — not to mention the other wasteful programs and unending wars they happily vote to fund.

“So after years of championing policies that turned a record surplus into a massive deficit, including a tax cut for the wealthiest Americans, they’ve finally decided to make their stand on the backs of the unemployed,” he said.

However, Obama forgets to mention that one of the main reasons the jobless number is so high is because NAFTA and GATT (also supported by “free-market” Republicans) were implemented during the Clinton years.  The exodus of jobs continues as six more Fortune 500 companies announced this week that they’re relocating their headquarters to China.

He also forgets to mention that the banks flooded the economy with easy capital under Clinton which obviously will grow the economy.  This injection of lending not only explains the budget surplus, but also the massive defaults of over-extended private debt in America.

Obama’s weekly address is classic left-right propaganda. He comically opened with the statement, “This week, many of our largest corporations reported robust earnings. A positive sign of growth.”  He must be referring to JPMorgan’s record breaking profits ushered in on the backs of the taxpayer.

It’s too late for left-right politics.  The populist movement has sniffed out that both parties are owned by the same banksters, oil companies, military-industrial complex, big pharmaceuticals, and all the rest of the rich global elite who could care less about the average citizen.

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America Plunging to Bankruptcy While DC Plays Politics as Usual
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