Obama in Plunderland: Down the Corporate Rabbit Hole
by Norman Solomon
May 9, 2013
The president’s new choices for Commerce secretary and FCC chair underscore how far down the rabbit hole his populist conceits have tumbled. Yet the Obama rhetoric about standing up for working people against “special interests” is as profuse as ever. Would you care for a spot of Kool-Aid at the Mad Hatter’s tea party?
Of course the Republican economic program is worse, and President Romney’s policies would have been even more corporate-driven. That doesn’t in the slightest make acceptable what Obama is doing. His latest high-level appointments — boosting corporate power and shafting the public — are despicable.
To nominate Penny Pritzker for secretary of Commerce is to throw in the towel for any pretense of integrity that could pass a laugh test. Pritzker is “a longtime political supporter and heavyweight fundraiser,” the Chicago Tribune reported with notable understatement last week, adding: “She is on the board of Hyatt Hotels Corp., which was founded by her family and has had rocky relations with labor unions, and she could face questions about the failure of a bank partly owned by her family. With a personal fortune estimated at $1.85 billion, Pritzker is listed by Forbes magazine among the 300 wealthiest Americans.