If you think Obama is a Communism lover, or even a "Progressive" you haven't" been paying attention. He dropped the leftie masquerade 2 min. after winning his first term.
Even before he was elected he set a record for contributions from Wall St. and some of the baddest of the bad actors in the credit default swindles that cost the American taxpayers 10's of $billions.
businessinsider.com said;
"Of the 244 Obama campaign "bundlers," 80 work in finance, insurance, and real estate. Politico's Byron Tau and Ben Smith report today that many of the Obama bundlers have official business before the U.S. government".
One year into his Presidency, which he won in part with promises of reining in Wall St. greed
globalresearch.ca said;
"What’s taken place in the year since Obama won the presidency has turned out to be one of the most dramatic political about-faces in our history."
He got rid of his progressive leaning pre-election advisors(who must have helped him with a progressive sounding vocabulary) and packed his new administration in the;
"key economic positions in his White House, the very people who caused the crisis in the first place. This new team of bubble-fattened ex-bankers and laissez-faire intellectuals then proceeded to sell us all out, instituting a massive, trickle-up bailout and systematically gutting regulatory reform from the inside".
I think that's a bit exaggerated but even a conservative , Rep. Cliff Stearns, Republican from Florida, scolded him for his one percenter policies, saying;
“You can’t expect these people to do anything other than protect Wall Street,”
To put it in the starkest terms, his continuation of the loosy-goosey credit habits of the financial industry, encouraged by his first address to Congress may have set the game up for the "big one", no way the American people with their new-found rage at the greed obsessed 1%ers who have continued to suck the cream out of the American economy, are going to allow another bailout. The house of cards may really fall apart the next time. Some of the real econo-crazies, the gold hoarders and the like are predicting econogeddon, people heading to the hills to eat berries and raiding chicken coop type scenarios. He started the panic early with that first address, stressing;
"
the importance of getting Americans to borrow like crazy again. “Credit is the lifeblood of the economy,” he declared, pledging “the full force of the federal government to ensure that the major banks that Americans depend on have enough confidence and enough money."
Oh yeah, those nutbar Obama haters as usual got it all wrong and as usual stuck with their tactics of selective and out-of-context quotes. Obama spent the last half of that speech in Argentina praising market economies. The nutbars are so blinded by hate they can't see the truth. Here's the rest of what he said;