"So why, if his Presidency has been such an unmitigated disaster, is he continuing to pursue this reckless course. My theory is that the key to the Obama administration’s political strategy is not compromise or incrementalism. It is, quite simply, fooling liberals. When you look at Obama’s governing role, he is clearly a servant of American oligarchs. But obviously he can’t explicitly tell liberals this (unlike Republicans, who are explicit in saying they favor “job creators”), because liberals like to think of themselves as favoring economic justice. So how do you acquire support from liberals, as he did in the primaries in 2008 and will need to do again in 2012, while pursuing oligarch-friendly policies?

You do it by ensuring that liberals only focus on the ceremonial non-governmental aspects of the Presidency. You do it by making sure that they focus only on the televised aspects of the Presidency."

~ Matt Stoller

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