The WSWS Notes Another Fraud by the Obama Administration

That, of course, is putting in a Jack Welch clone in the position of heading the White House Council on Jobs and Competitiveness.

Of course this means even MORE jobs will be sent overseas.

Neoliberalism and neoliberals in BOTH political parties need to go.

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The prostration of the Obama administration before corporate America comes as the social crisis in the United States intensifies. The federal government is moving decisively toward austerity, with major cuts in social programs to be announced this year. State governments throughout the country are facing massive budget deficits that will be addressed by slashing education, health care and other basic social services, while laying off tens of thousands of workers, cutting wages and slashing pension benefits.

Twenty six months after the eruption of the financial meltdown in 2008, the American ruling class and the Obama administration are exploiting the crisis to permanently restructure class relations in the US, increasing the wealth of the financial aristocracy on the basis of the impoverishment of tens of millions of working people.

These crooks are going to bleed America dry.  I am coming to believe the only way out is through bloodshed.