My Dear Dr. Rotwang,

Obama isn't about to ramp up anything that would cause his friends from big finance any discomfort. You may recall that he is the corporate/centrist Democratic candidate for President. He narrowly beat out the other corporate/centrist candidate in a titanic battle between "firsts" that was held earlier this year where policies were forgotten and glass ceilings were to be broken or "old politics" transcended.

Obama has had more backing from the very Wall Street interests you identify as having caused the messes the taxpayers are now being forced to clean up than any other candidate. He won't lift a finger to regulate them. He is beholden to them.

If Obama were not the corporate/centrist Democrat he is, he would be talking about kicking ass and taking names on Wall Street. But he isn't. He would be talking about doing something with our tax money to provide relief to the human beings who have been ripped off and manipulated instead of going along with the corporate/centrist DC crowd supporting all the bailouts and other rescue operations that will benefit the rich and screw the average taxpayer.

I wish that I were wrong, but I think there's little or no hope that Obama will do anything different than McCain when it comes to the Wall Street mess we have on our hands. You see, they both serve the same master first: business interests. Citizens and the interest of the people take a back seat to the rich guys.

You may have noticed the Capitalism, it doesn't work too good.

Brilliant.

Yes, yes I have noticed that. Funny you should mention it.

=D

Obama needs to talk a bit more about his infrastructure/jobs plan. Someone suggested a catchy title, (it tends to lull the capitalists)

Doc, You and I are obviously on the same page. But I have to tell you I like skipping ahead in stories, and you want like what's coming.

I think we've got enough here for an anarchists convention.

This is the most important post that was brought up by now, around the campaign.

This is the bottom line.

I am pessimistic about Mr. Obama, or more, about the readiness of the lower huge middle class and poor, in terms of ideological turn they can absorb and be ready to go with. The use of economic justice though the truth STARTS to be more clear (especially after the last days cooperate downfall, that will not harm one person who is well set, but will just take down more middle class to lower middle class and poor into more poverty.)

The bottom line is bluntly and undeniably an Ideological clarification which non the Americans nor its to half toned new messenger (as you have accurately said) of "socialism for the rich" Mr. "yes we can".

The entanglement in the truthfulness in the American system and myth of everybody theoretical equal chances and what you got to do is be a real believer and a responsible patriot that will work hard even when your half way in the grave.
This self-victimization, or self-deceptive altroismus of "I'm a survivor, I'm Gonne make it...keep on surviving" free-money-status-slavery poor-individualistic mantra - sums it up crudely) -in terms of morality is too long a cookery of the US hisory and circumstances from the very beginning:"what's freedom: property as the essence or money as means for freedom-which is the right to live a decent life, and with all the emancipatory Ideas of womens rights, human rights, freedom of speech and fair distribution of wealth- with the last part constructed as contradiction to all the previous Ideas. This is just not the American basis for democracy. The puritan-colonialist-based-complexed history of-lonely-moral-patriot-ranger is the miss out of a social pact that organizes itself towards a system and ideology that enables (and espiers to) decent life for all, by a sane distribution of wealth, which does not exist anywhere in the world and never will, but is possible to a true extent (Netherlands former colonialists, Norway...).

But the uprising is starting. Greece, Bolivia, Argentina, Venezuela, Thailand and so forth, the minorities in France etc. There is a Dialectical happening going on, and were in it.(for better or worse, good realizations are happening with the fall of the money pillars that maintained the petit bourgeoisie. It may take 150 years, it may just get worse. we have to guard ourselves from the weapons and the pollution.)

A slow and small up rise of these understanding are happening in the states, but the Ideological-Identity of Patriotism that has its submissive hegemony of the identification of property as freedom itself (instead of means) is very deeply rooted.

That is the question with Obama, that cannot sound too much of a socialist (and therefore the campaign keeps the whining romanticizing kitsch reminiscence of the "American Dream" (spreading the same false happiness as the unique national gist) with the royal families private tear jerker little odyssey ("I'm so glad my brother Craig is able to be here... my mother, my father, my grandma which on her behalf I'm doing all this...my father who worked when he couldn't work, while dying, going through agony to kiss my mother on the other side of the room.... YAP YAP... soap opera.)

The question is how gently they will play with those new realizations of people understanding that they are being systematically screewd, but that can't be done far away from the edible familiar package of a big opera show that invites everybody to the Democrat family.
Well, historically its just all good news, but I hope he'll win these fewer percentage so that the levels of pollution will be reduced and green-Tech will get a major push, and also not starting the next war in the middle east and expanding a new round of cold war--- that can be nice.

Thank you Mr.Rotwang. It was very clarifying.

IN SECOND THOUGHT, WHY BE PESSIMISTIC. There is a way.

It is possible to explain to the public that relentless capitalism just won't work (just don't talk with such hard-to-swallow expressions as "relentless capitalism"), as proven. Monitoring the banking sector and financial sector is essential, for without a set of criteria and monitoring they will keep speculating in an irresponsible manner. It is not acceptable that an AAA bank that is considered the most reliable is speculating on people's savings to profits of 11%-15% yearly, when a reliable bank in Europe speculates to get a stable 5% yearly profit and less for its money holders.
This is the time for the American Specialization and Talent to create reliable, credible, accountable system of monitoring, in a realization that more of the same will destroy the America we know (and love.)

Taxation for transactions just won't do. Monitoring of a responsible way of investing people's money is crucial. The speculants will pay the tax and will keep on making Bad, arrogant and Greedy Banking. Who will fall, as always is the huge majority. Standards for reliable commerce CAN be learned from the Europeans. Some of the Neocons will have to get A little less rich.

Cooperation with world alternative commerce think tanks will be very helpful, so as with fresh realistic economists that I'm sure there are at home.

In addition,
The message can be transferred to the public, but it must stop to talk the Democratic family talk, the segregation talk which says its us the Democrats who have the more Enlightened world view, its us that are more progressive Etc. Obama and Biden must address all of America as the American community that is going to set order for irresponsible and Fatal conduct of the financial sector. They can be explained that their money should be and can be kept and handled with responsibility, just like in other States where regulation doesn't stop the healthy commerce but, makes it more stable and reliable.

SO, GO FOR IT OBAMA STAFFS. They will hear you.

The idea that risk balances returns is invalid since risk is always hidden by the seller, to the extent possible. Markets are never full-information; the seller is emphasizing some info and hiding other. Without a means a guaranteeing more dislosure, risk must be set higher. But when the payoff is large enough buyers will discount risk. Therefore payoff must be limited, so buyers consider risk more carefully.

If the seller is offering high returns on hidden high risk, taxes can reduce the appeal of unsound investment. Even though government regulators can't anticipate all innovations in finance, lower return rates on short-term investments will concentrate attention on the soundest ones.

Is a "Paradigm" 20 cents?