Yves here. Paul R flagged this post by Norman Solomon, noting: “Nothing new, and really a bit understated, but shows it’s becoming fashionable to say this stuff.” While Corporate Democrats indeed should be beaten early and often, trying to pin the tail of their spectacular sellout of ordinary Americans as late as Hillary is all wet. Just look at the timeline. Trump was first elected right after Obama left office, FFS. If his time in office had been good for typical Americans, voters might have eaten the Hillary dog food out of a desire to more-or-less continue current policies rather than bet on a grievance-voicing political novice like Trump.

So the question is when the Democrats when irredeemably bad on their slower-motion betrayal of lower and middle class voters. It started started with Carter and got traction with Bill Clinton, witness NAFTA and the super-predators bill. But the big inflection point occurred with the sainted Obama, who still appears to be above reproach in way too many quarters. Amazing what being a well-spoken minority-looking but culturally white sellout of your pretend-class interests will get you.

To get a better sense of what Obama was always about, please read the 2012 post, Exclusive: How Obama’s Early Career Success Was Built on Fronting for Chicago Real Estate and Finance. Its opening:

Barack Obama remains an icon to many on what passes for the left in America despite incontrovertible evidence that he does not represent their interests. There are many contributing factors, including his considerable skills as a speaker and his programmatic effort to neuter liberal critics by getting their funding cut.

A central component of the seemingly impenetrable Obama mythology is his personal history: a black man, son of a broken home, who nevertheless got on the fast track to financial success by becoming editor of the Harvard Law Review, but turned instead to working with and later representing a particularly disadvantaged community, the South Side of Chicago.

Even so, this story does not quite add up. Why did Obama not follow the usual, well greased path of becoming a Supreme Court clerk, and seeking to exert influence through the Washington doors that would have opened up to him after that stint?

A remarkable speech by Robert Fitch puts Obama’s early career in a new perspective that explains the man we see now in the Oval Office: one who pretends to befriend ordinary people but sells them out again and again to wealthy, powerful interests – the banks, big Pharma and health insurers, and lately, the fracking-industrial complex.

Fitch, who died last year, was an academic and journalist, well regarded for his forensic and archival work, as described by Doug Henwood in an obituary in the Nation. He is best known for his book Solidarity for Sale, which chronicled corruption in American unions, but his work that is germane to his analysis of Obama is Assassination of New York. In that, he documented the concerted efforts by powerful real estate and financial interests to drive manufacturing and low-income renters out of Manhattan so they could turn it over to office and residential space for high income professionals.

Fitch gave his eye-opening speech before an unlikely audience at an unlikely time: the Harlem Tenants Association in November 2008, hard on the heels of Obama’s electrifying presidential win. The first part contains his prescient prediction: that Obama’s Third Way stance, that we all need to put our differences aside and get along, was tantamount to advocating the interests of the wealthy, since they seldom give anything to the have-nots without a fight.

That discussion alone is reason to read the piece. But the important part is his description of the role that Obama played in the redevelopment of the near South Side of Chicago, and how he and other middle class blacks, including Valerie Jarrett and his wife Michelle, advanced at the expense of poor blacks by aligning themselves with what Fitch calls “friendly FIRE”: powerful real estate players like the Pritzkers and the Crown family, major banks, the University of Chicago, as well as non-profit community developers and real estate reverends.

Don’t take my word for it. Download the speech and read it. And then circulate it widely. And thank Michael Hudson, Fitch’s friend for over 30 years, for making this document available.

You can find the speech as an embedded document here.

Let’s provide some updates to the Obama rap sheet from his presidency:

Obama campaigned with Paul Volcker, giving the strong signal that he would use the feared, no-bullshit Volcker as Treasury Secretary to get tough with financiers. Instead he kicked Volcker upstairs to an inconsequential post and picked the toady Timothy Geithner.

The Bush Administration courteously left $75 billion of the $750 billion of the TARP to the Obama Administration for foreclosure relief. Nothing of the sort was done. Instead, we later got HAMP, which Geithner admitted was not actually to help homeowners, but to “foam the runway” for banks by attenuating foreclosures. I have the image of homeowners lying on runways and banks-as-landing-airplanes reducing them to bloody pulp.

Obama promised to increase the Federal minimum wage to $10.10 an hour. It is still at $7.25.

Obama chose health industry lobbyists to draft the Affordable Care Act. Drug and health insurer stocks traded up when it was passed.

Obama tried “reforming” Social Security and Medicare. Luckily his Grand Bargain did not get done.

There may be better ways to cut the data, but this chart illustrates how friendly the Obama years were to the top wealthy:

And remember, Biden’s nomination would have been impossible without the Obama-orchestrated weekend of the long knives, which succeeded in its big aim of knocking out Sanders. And please do not tell me Sanders could have carried on. Key staffers pressed him to quit then. They would have left or continued with little enthusiasm. You cannot carry on a campaign when you are hemorrhaging personnel.

We’ll now turn to the bill of particulars against Team Dem under Hillary’s and Biden’s nominal stewardship.

By Norman Solomon, the national director of RootsAction.org and executive director of the Institute for Public Accuracy. Originally published at Common Dreams

Ten years after Donald Trump first ran for president, he stands at the helm of Titanic America. How did this happen?

No factors were more pivotal than the outlooks and actions of the Democratic Party leadership. Scrutinizing them now is vital not only for clarity about the past. It also makes possible a clear focus on ways to prevent further catastrophe.

Here’s the actual history that corporate Democrats pretend didn’t happen:

2016: Hillary Clinton offers more of the status quo. Her allies in the Democratic Party pull out all the stops so she can win the party’s presidential nomination. With a big assist from the Democratic National Committee, she prevails over the strong primary challenge from Bernie Sanders, but her campaign trail goes downhill from there. After rallying behind Sanders’s genuine progressive populism, many young people don’t trust the pseudo-populism of Clinton’s campaign. She has earned a millennial problem, and it prevents her from becoming president.

2017: Democratic Party leaders can hardly blame themselves or their nominee for the virtually unbelievable circumstance of the Trump presidency. A critical focus on Clinton’s coziness with Wall Street won’t do. Neither will critiquing her thinly veiled contempt for the progressive wing of the party. But blaming Trump’s victory on Russia becomes an obsessive theme.

2018: The Democratic leadership is mapping out a battle plan for the midterm elections in November. At the same time, a key priority is to thwart the inside threat posed by progressive forces. Establishment Democrats are keeping a watchful eye and political guns trained on Bernie Sanders.

2019: Democrats take control of the House, and a large cast of political characters is off and running for the party’s presidential nomination. Sanders and Senator Elizabeth Warren are at the left edge, while more than a dozen others jostle for media attention. For elites determined to retain undemocratic power, seeing either Sanders or Warren in the Oval Office would be the worst possible outcome.

2020: Early in the year, the economic populism of the Sanders campaign continues to catch fire, while many forces team up to function as fire extinguishers. The Democratic Party establishment acts to smother the grassroots blaze. After Joe Biden’s fifth-place finish in the New Hampshire primary puts his campaign on life-support, rescue comes eighteen days later from South Carolina, where Biden wins a landslide primary victory—and then several corporate-friendly contenders quickly drop out of the race and effusively endorse him. When Biden clinches the nomination, progressives largely close ranks behind him to defeat Trump. Biden squeaks through.

2021: President Biden’s first year includes backing and signing legislation with real benefits for tens of millions of Americans. But his resolve dissipates. Before the end of the year, he abandons Build Back Better legislation that would have been transformational. Notably, Biden withdraws all US troops from Afghanistan in late summer—but overall he opts to fuel militarism, with ever-higher Pentagon spending instead of devoting adequate resources to meet human needs and protect nature. The president goes full speed ahead with “modernization” plans for ever more dangerous nuclear weapons that already have a pre-overrun price tag of $1.7 trillion.

2022: Biden relapses into his customary “moderate” political mode, while his capacity to speak coherently weakens. Party discipline, internalized by Democrats in Congress, precludes independent-minded leadership as they begin to proclaim that Biden should run for re-election. Conformity of groupthink and fear of retribution from the White House keep people quiet.

2023: A real-life Shakespearean tragedy unfolds as Biden throws down a gauntlet to run for re-election even while his mental frailty becomes more evident. Enablers ignore the party’s base, with polls continuing to show that most Democrats don’t want him to be the next nominee (including 94 percent of Democrats under 30). A common canard—pushed by Biden’s coterie of sycophants—contends that because he defeated Trump once, he’s the best person to do it again; the claim ignores the fact that Trump 2020 represented an unpopular status quo, and Biden 2024 would represent an even more unpopular status quo, as “right track / wrong track” polling makes crystal clear. Soon after Hamasattacks Israel on October 7 and the Israeli military starts its siege of Gaza, Biden begins to further alienate many of his party’s usual voters by massively boosting US military aid as the slaughter of Palestinian civilians escalates.

2024: Among top Democrats, denial about Biden’s evident cognitive infirmity grows along with the infirmity itself. Even after Biden’s disastrous debate performance in late June, the political reflex of dissembling prevents him from bowing out for another 28 days. That leaves 107 days for the newly installed nominee Kamala Harris to pick up the pieces before Election Day. At first it seems that she might find ways to depart from coming across as Biden’s yes-woman, but there is no such departure. Nothing epitomizes the Harris campaign’s moral collapse more than her insistence on echoing the Biden line about Gaza while the US continues to arm Israel’s military as it methodically kills Palestinian civilians. In the process, Harris chooses to ignore both human decency and polls showing that far more voters would be likely to cast their ballots for her if she were to come out against sending more armaments to Israel. Electoral disaster ensues.

Last month, two events showed the huge contradiction between the potential for true progressive change and the dire reality of feckless Democratic Party leaders. When socialist Zohran Mamdani won election as mayor of New York after running as a Democrat, he said: “If there is any way to terrify a despot, it is by dismantling the very conditions that allowed him to accumulate power. This is not only how we stop Trump; it’s how we stop the next one.” A week later, eight members of the Senate’s Democratic caucus surrendered to Trump, betraying efforts to defend Obamacare and a healthcare status quo that still leaves tens of millions uninsured or underinsured. The capitulation meant that the nation’s healthcare crisis would get even worse.

Craven and conformist Democratic Party leadership—coloring inside corporate lines while enmeshed with rich backers—hardly offers a plausible way to defeat the Trump forces, much less advance a humane political agenda. Saving the country from autocracy requires recognizing and overcoming the chokehold that Democratic leaders have on the party.

The timeline above is drawn from my new book about the 10-year political descent into the current inferno, The Blue Road to Trump Hell, which is free as an e-book or PDF at BlueRoad.info.