Black Agenda Report: The Obama Catastrophe

by BAR executive editor Glen Ford:

"After two and a half years of waging war against the Left half of his own party, while seeking a “Grand Consensus” with the GOP, President Obama has finally set “in motion a rolling implosion of Roosevelt’s New Deal and Johnson’s Great Society.” The final vote on the debt ceiling measure – actually a ruse to impose savage cuts in social spending – saw a substantial portion of the Congressional Black Caucus put the president’s prestige above their constituents’ vital interests. Ninety-five House Democrats, including 15 Black Caucus members, “voted for the certainty of losing trillions of dollars for tens of millions of needy citizens, rather than risk the possibility of unknown financial dislocations.”