Obama: Man on a Wire
Barack Obama: Man on a Wire By Steven Malik Shelton
With the success of president Barack Obama’s reelection campaign which paved the way for him to exhaust a second term, he faces dilemmas as dangerous and precarious as he did during his first term.
It is quite a balancing act that president Obama must perform if he is to maintain equilibrium between the demands of the wealthy elite and the interests of the masses of the American people. And in his last remaining four years the expectations of the so-called African American population may not be so easily assuaged by grandiose political posturing or a philosophy/policy based on the idiom that “a rising tide lifts all boats.”
There are, of course, numerous facets to Obama’s rise to prominence as well as the dynamics of the power he currently wields as president of the United States.
Our economic system is severely flawed and imbalanced due primarily to the establishment in 1913 of the Federal Reserve banking system and its subsequent stranglehold on United States fiscal policies with its capacity to lower and raise interest rates at will and to manufacture money out of thin air.
The Federal Reserve is America’s central bank and it is empowered to loan money to the U.S. Treasury at high interest rates. These monies are then paid back by the American people. This great spending and loaning frenzy between the government and the Federal Reserve as well as foreign debt to nations like China, has resulted in the U.S. being saddled with over 17 trillion dollars of debt.
It is the Federal Reserve Banking System along with the pivotal role electoral politics and finance play in determining who becomes a viable candidate that has hamstrung and severely compromised representative government in the United States.
Candidates running for office (especially at the national level) must first solicit
With the success of president Barack Obama’s reelection campaign which paved the way for him to exhaust a second term, he faces dilemmas as dangerous and precarious as he did during his first term.
It is quite a balancing act that president Obama must perform if he is to maintain equilibrium between the demands of the wealthy elite and the interests of the masses of the American people. And in his last remaining four years the expectations of the so-called African American population may not be so easily assuaged by grandiose political posturing or a philosophy/policy based on the idiom that “a rising tide lifts all boats.”
There are, of course, numerous facets to Obama’s rise to prominence as well as the dynamics of the power he currently wields as president of the United States.
Our economic system is severely flawed and imbalanced due primarily to the establishment in 1913 of the Federal Reserve banking system and its subsequent stranglehold on United States fiscal policies with its capacity to lower and raise interest rates at will and to manufacture money out of thin air.
The Federal Reserve is America’s central bank and it is empowered to loan money to the U.S. Treasury at high interest rates. These monies are then paid back by the American people. This great spending and loaning frenzy between the government and the Federal Reserve as well as foreign debt to nations like China, has resulted in the U.S. being saddled with over 17 trillion dollars of debt.
It is the Federal Reserve Banking System along with the pivotal role electoral politics and finance play in determining who becomes a viable candidate that has hamstrung and severely compromised representative government in the United States.
Candidates running for office (especially at the national level) must first solicit