We present Robert Scheer's critique of President Obama's State of the Union talk last night, followed by Rabbi Michael Lerner's analysis of the State of the Spirit. Both have important elements of truth, and Lerner's remarks appear in the Winter 2011 issue of Tikkun and were written over a month ago. Yet Lerner's approach, if applied to Obama's talk, would agree with many of Scheer's points, yet take a more compassionate approach, balancing Scheer's correct righteous indignation with a larger view of the crisis facing the human race. And Lerner would address what was from the NSP point of view even worse about the Obama talk--the reiteration of the dominant values of the capitalist order--that the real goal of society should be to enhance our capacities to compete with each other, that what we need is a return to economic nationalism in which the U.S. is number one, that education should be primarily in science and technology in order to make sure that we can beat the other countries of the world and retain our previous position as the most powerful force in the world, and that to do that we must build our military might and make our education focused on getting more power. As the writers of Tikkun magazine have repeatedly stressed, these ideas generate a world in which there is a struggle of all against all to "make it," and a world of endless warfare in which our resources are aimed not at satisfying human needs but at achieving dominance. No wonder, then, that ideas like "caring for each other" or "caring for the planet" or words like love, generosity, compassion, solidarity, and environmental sanity were absent from the Obama talk. Please read both pieces below and compare them with the trivialities and distortions of most of the media. And then, please join our Network of Spiritual Progressives at www.spiritualprogressives.org and help us bring our perspective into the public arena. www.spiritualprogressives.org. And yes, please send these two articles to everyone on your email lists to help them go viral. And we give you permission to post Rabbi Lerner's article on your websites or reproduce it in your web magazines or wherever else you wish to have it printed. --The Network of Spiritual Progressives
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Robert Scheer's Columns on Truthdig.ocm
Hogwash, Mr. President
Posted on Jan 26, 2011
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What is the state of the union? You certainly couldn’t tell from that platitudinous hogwash that the president dished out Tuesday evening. I had expected Barack Obama to be his eloquent self, appealing to our better nature, but instead he was mealy-mouthed in avoiding the tough choices that a leader should delineate in a time of trouble. He embraced clean air and a faster Internet while ignoring the depth of our economic pain and the Wall Street scoundrels who were responsible—understandably so, since they so prominently populate the highest reaches of his administration. He had the effrontery to condemn “a parade of lobbyists” for rigging government after he appointed the top Washington representative of JPMorgan Chase to be his new chief of staff.
The speech was a distraction from what seriously ails us: an unabated mortgage crisis, stubbornly high unemployment and a debt that spiraled out of control while the government wasted trillions making the bankers whole. Instead the president conveyed the insular optimism of his fat-cat associates: “We are poised for progress. Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again.” How convenient to ignore the fact that this bubble of prosperity, which has failed the tens of millions losing their homes and jobs, was floated by enormous government indebtedness now forcing deep cuts in social services including state financial aid for those better-educated students the president claims to be so concerned about.
His references to education provided a convenient scapegoat for the failure of the economy, rather than to blame the actions of the Wall Street hustlers to whom Obama is now sucking up. Yes, it is an obvious good to have better-educated students to compete with other economies, but that is hardly the issue of the moment when all of the world’s economies are suffering grievous harm resulting from the irresponsible behavior of the best and the brightest here at home. It wasn’t the students struggling at community colleges who came up with the financial gimmicks that produced the Great Recession, but rather the super-whiz-kid graduates of the top business and law schools.
What nonsense to insist that low public school test scores hobbled our economy when it was the highest-achieving graduates of our elite colleges who designed and sold the financial gimmicks that created this crisis. Indeed, some of the folks who once designed the phony mathematical formulas underwriting subprime mortgage-based derivatives won Nobel prizes for their effort. A pioneer in the securitization of mortgage debt, as well as exporting jobs abroad, was one Jeffrey Immelt, the CEO of GE, whom Obama recently appointed to head his new job creation panel.
That the financial meltdown at the heart of our economic crisis was “avoidable” and not the result of long-run economic problems related to education and foreign competition is detailed in a sweeping report by the Democratic majority on the Financial Crisis Inquiry Commission to be released as a 576-page book on Thursday. In a preview reported in The New York Times, the commission concluded: “The greatest tragedy would be to accept the refrain that no one could have seen this coming and thus nothing could have been done. If we accept this notion, it will happen again.”
Obama appointed as his top economic adviser Lawrence Summers, who as Clinton’s treasury secretary was the key architect of that “turning point,” and Summers protégé Timothy Geithner as his own treasury secretary. The unanimous finding of the 10 Democrats on the commission is that Geithner, who had been president of the New York Fed before Obama appointed him, “could have clamped down” on excesses by Citigroup, the subprime mortgage leader that Geithner and the Fed bailed out along with other unworthy banking supplicants.
Profligate behavior that has hobbled the economy while running up an enormous debt that Obama now uses as an excuse for a five-year freeze on discretionary domestic spending cuts that small part of the budget that might actually help ordinary people. Speaking of our legacy of deficit spending, Obama stated, “… in the wake of the financial crisis, some of that was necessary to keep credit flowing, save jobs, and put money in people’s pockets. But now that the worst of the recession is over, we have to confront the fact that our government spends more than it takes in.”
Why now? It is an absurd demarcation to freeze spending when so many remain unemployed just because corporate profits, and therefore stock market valuations, seem firm. Ours is a union divided between those who agree with Obama that “the worst of the recession is over” and the far larger number in deep pain that this president is bent on ignoring.
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