The ‘change’ mask slips from Obama

In his Tuesday interview with ABC’s Terry Moran about TARP 2.0, President Barack Obama revealed his true neoliberal core on financial issues, and beyond that, actively opposed the idea of real change in the financial sector:

Obviously, Sweden has a different set of cultures in terms of how the government relates to markets and America’s different. And we want to retain a strong sense of that private capital fulfilling the core — core investment needs of this country.

To act like Poppy Bush, here’s the distilled Obama:

“Sweden different. Different bad. Different means change. Change means bad.”

Beyond that, Obama is saying he wants a capitalism-centric American economic, even though, under his neolib Democratic successor, all it did was slow the rate of growth in the rich-poor income gap.

No, make that, all it did was slow the rate of growth in the rich-middle class income gap.

Illustrating the degree of problem with the current system, which B.O. doesn’t want to scan, his biggest financial contributor during the campaign, and in fact his biggest contributor overall for most of it, Goldman Sachs, wants to give back original TARP money. Why? Because it doesn’t like the relatively weak restrictions on being a big, bad capitalist bank that the original TARP money imposes.