Our Enfant Terrible

Barack Hussein Obama is the incorrigible child who becomes upset playing with his cousins (with the "Scott Brown Senate seat" defeat) and decides to even the score by burning down his uncle's house (with his declared war on banks). In his course of action, Obama follows the guidance of a vindictive grandfather (in this case, Paul Volcker who has told sonny-boy Barry to never let anyone think they have put one over on you and Grandpa Paul is up to his old tricks where he is trying to finish off the country, as he started to do during his tenure as Federal Reserve Chair under Jimmy Carter- where he tried to bring down the house by giving us twenty percent interest rates to enforce his vision of an American austerity plan a la failing Third World economies). So with Obama suffering a setback, he lashes out on another front, ignoring Cabinet-level economic advisers to follow a man who would not fight inflation in the late 1970s by telling Carter's Treasury to stop printing fiat currency (so much worth-less money) but opted to gladly strangle the public with punitive interest rates to fight inflation. In his ire, Obama who had backed banks and gladly accepted the campaign contributions of the bankers who have no doubt had lapses in judgement, not exercised fiduciary responsibility, and even gambled with depositors' money while rewarding themselves and their close circle bonuses of astounding magnitude, is cutting off his nose to spite his face. By attacking financial institutions now (against the advice of his own Treasury Secretary Tim Geithner and head of his own National Economic Council Larry Summers), Obama only kills more jobs and further forestalls any hope of economic recovery. So the inner Marxist and demagogue in Obama comes out because voters in Massachusetts woke up. If the game is not played Obama's way and that is to let the spoilt child win, Obama will take his ball and go home. Make no mistake though, this is no schoolboy tantrum, Obama is a socialist committed to destroying the capitalist system we have known.