by Alan Weinerman
Part 1 of this article appeared on 9/18/2009. You can read it here.
PART 2: Obama is a brilliant capitalist. He not only knows that starving and homeless people are not good consumers, but he seems to actually care about people. In his first address to the joint session of Congress, Obama talked about great goals, a green economy, better schools, available health care, and modernizing our economy to compete in the 21st century. Wonderful goals, but impossible to achieve without coming to grips with the fact that “we the people” and our government do not own the economy. The economy is owned by private corporations. This obvious problem is usually completely ignored. The only time nationalizing an industry or company is discussed is when that industry is going broke. What a deal. Put the money-losers in public hands, and leave the profitable businesses in private hands. Somehow I don’t think that would work. Until the commanding heights of industry and finance