Obama's Real Constituency

Why should anybody be shocked Obama listens only to the Wall Street and billionaire class, even and especially those people whose philosophy is diametrically opposed to the best interests of anybody other than the tiny percentage of economic elites?

The horrible Peter J. Peterson is one of Obama's favorite "advisors."

He's a greedy, evil bastard:

While “Fix the Debt” was started in the summer of 2012, before its launch Peterson was already funding organizations like the “Committee for a Responsible Federal Budget” and the “New America Foundation.” As PetersonPyramid.org notes, both of these organizations have the same goals of ultimately privatizing the Social Security and Medicare programs that millions of Americans rely on to survive.

Peterson also gave millions to support the Simpson-Bowles commission according to PetersonPyramid.org, a commission who’s proposed “solution” to fixing our debt includes massive austerity-type cuts to this nation’s social-safety-net programs. In fact, Erskine Bowles is a co-founder of the “Fix The Debt” program Peterson is funding, so it’s no surprise that the recent Simpson-Bowles Catfood Commission 2.0 plan included even more devastating cuts to Social Security and Medicaid.

He's just Obama's type.

You Can't Take It With You, Pete

If there is anybody alive in this world today who is a more greedy, evil son of a bitch who isn't an elected official than Peter J. Peterson, I'd like to know who it is.

For years this bastard has been trying to destroy "entitlements," and until Obama came along, he was unsuccessful getting anywhere.

To overcome this wall of opposition, Peterson needed a new strategy. For years, he had funded think tanks, seminars, national tours, town hall meetings, TV ad campaigns, college TV, school curricula, online media and even a motion picture -- all in an effort to convince America that deficits would one day sink the economy. Now Peterson needed something bigger and better than before -- and the Campaign to Fix the Debt was born.

Peterson rallied the crème de la crème of the 1% to his cause. Hiding their self-serving motives and wrapping themselves in patriotic language of "shared sacrifice," 127 CEOs have signed up to his Campaign to Fix the Debt. Accompanied by elder "statesmen" (many of whom have gone through the revolving door and have undisclosed financial ties to firms that lobby for tax loopholes and other corporate welfare that contribute to the deficit), plus four PR firms, 80 full-time staff members, 23 phony state chapters, and a raft of Peterson-funded "partner organization," Fix the Debt has targeted a budget of $60 million in "the first phase."

He's got his puppet, Obama, to do his work for him.