He is trying to get gain by bashing Wall Street, banks, oil, insurance -- big business. He tries to make it sound like he was forced to take the job as president -- as if he had no choice but to rescue a troubled nation. It is still Bush's fault, the Democrat Congress's.
But his attack on the Supreme Court was reprehensible. It is one thing to disagree with them but quite another to criticize based on false statements. He stated:
"With all due deference to separation of powers, last week, the Supreme Court reversed a century of law that I believe will open the floodgates for special interests, including foreign corporations, to spend without limit in our elections. I don't think American elections should be bankrolled by America's most powerful interests or, worse, by foreign entities. They should be decided by the American people. And I urge Democrats and Republicans to pass a bill that helps correct some of these problems." See the 40 second YouTube video HERE.It was disrespectful of him and his Democrat colleagues that stood and applauded. The Citizens United case was about the rights of labor unions, DOMESTIC corporations and non-profits, how they can express their views via media. It was not about corporations giving unlimited money to candidates or allowing foreign nationals or entities to make contributions. It reversed two recent precedents (1990 and 2003), not a "century of law."
Obama never mentioned the First Amendment or the protection thereof. Not sure what is going on in his mind when he talks, along with his Democrat cronies, about proposing law that over rides this. Isn't he supposed to be a lawyer?
This anti-capitalist, liberal ideologue can care less about what is best for America. He only cares about forcing failed socialistic policies on our capitalistic society. Three cases (out of dozens):
-- giving money to community banks forces them to follow forthcoming federal guidelines (it is the taxpayers dollars so the feds will tell them how to use it.)
-- tax credits to small business (not tax cuts which free up liquidity.)
-- students who take out college loans will be required to pay only 10 percent of their income on student loans, and all of their debt will be forgiven after 20 years, 10 years if they choose a career in public service (how about swapping the two and not incentivizing government employment that requires tax dollars?)
Obama is desperate. Desperate politicians turn to populist tactics.