Executive Intelligence Review
This article appears in the November 27, 2009 issue of Executive Intelligence Review.

The Incredible Shrinking
Obama Presidency

by Our Special Correspondent

[PDF version of this article]

Nov. 23—President Barack Obama returned from a gaffe-filled trip to Asia this week, to face a revolt from Congressional Democrats who see their careers evaporating, as the result of the President's crashing public support. That crash is driven by the collapse of the real economy, throwing tens of millions of Americans into desperation, as they lose their jobs, their homes, their health insurance, and their pensions.

Sources attending a Nov. 16 House Democratic Caucus session, chaired by Speaker of the House Nancy Pelosi (Calif.), characterized the event as the first "serious crack" in the facade of Congressional Democratic support for the President. The event turned rowdy, as a number of progressive Dems railed against the President's failure to address the skyrocketing unemployment nationwide, while he continues to back the seemingly endless bailouts of Wall Street, and deliver insane claims of an economic "turnaround."

Lyndon LaRouche described the nascent Congressional Democratic revolt against Obama:

They see the President's support among the American people evaporating at an accelerating rate. They are racing to the door, distancing themselves from the White House, as if their very political survival depended on it.

The President's incredible shrinking poll numbers took a further hit last week, when a study commissioned by the Department of Health and Human Services (HHS) called for the elimination of routine mammograms for women under 50 years of age, based on "cost effectiveness" measures. The study confirmed that Lyndon LaRouche has been right, all along, that the President's health-care "reform" is a carbon-copy of Adolf Hitler's September 1939 euthanasia policy, known as T-4. Conservative estimates are that 27,000 women, between the ages of 40-49, would die each year without those early detection mammograms.

The release of the report, just days before a procedural vote in the Senate on the health-care bill, further demonstrated the arrogance and ineptitude of the Obama White House. At the time that HHS commissioned the study, nine months ago, White House Chief of Staff Rahm Emanuel was boasting that the health-care bill would fly through both Houses, and would be signed by the President on Oct. 1. The intention was to have the mammogram report issued after Congress had established the President's cost-cutting board, the Independent Medicare Advisory Council (IMAC).

While many frustrated Democrats have argued for passage of the health-care bill, so that Congress could move on to other, more pressing issues, including job creation, LaRouche warned in his Nov. 11 webcast, that you cannot compromise with Nazi policies. If the health-care bill passes, the United States will have lost the moral fitness to survive.

Revolt Within the Ranks

LaRouche's warnings appear to be sinking into at least some Congressional Democrats, who moved last week, in a number of ways and on different issues, to break with the President.

Rep. John Conyers (D-Mich.), one of the deans of the Congressional Black Caucus (CBC), wrote an op-ed for the Detroit Free Press Nov. 17, announcing that he will soon introduce a bill re-establishing Glass-Steagall standards for the banking sector.

President Franklin Roosevelt's June 1933 Glass-Steagall Act separated commercial banks from brokerage and insurance units, creating a Federally regulated system of depository institutions. It was only in 1999, at the prodding of then-Treasury Secretary Lawrence Summers—now President Obama's top economic advisor—that the Glass-Steagall Act was repealed, accelerating the buildup of the worldwide financial bubble, which blew out in Summer 2007.

Representative Conyers' announcement of the legislation came at the same time that the CBC moved to block Rep. Barney Frank (D-Mass.) and the Obama White House from ramming through so-called reregulation legislation, which would have grossly expanded the power of the Federal Reserve, while doing nothing to segregate commercial banking from speculative activity, and doing nothing to reverse the "too big to fail" consolidation of the banking system into a small number of mega-institutions. On Nov. 20, ten members of the CBC on Frank's House Financial Services Committee informed the Chairman that they would not vote for his bill, forcing him to postpone the vote indefinitely. The Caucus members made it clear that they consider jobs the number one issue.

Unemployment among African-Americans across the country is four times the national average, and unemployment among African-Americans aged 16-25 is estimated at over 60%!

Oust Geithner

In another sign of the mass strike-driven Congressional revolt against the Obama White House, Rep. Peter DeFazio (D-Ore.) used the occasion of a Joint Economic Committee hearing last week to confront Treasury Secretary Timothy Geithner, and demand his resignation. While several Republican legislators joined DeFazio, it was the fact that desperate Democrats, who fear a political wipeout in the November 2010 midterm elections, are now openly criticizing top Cabinet officials, that really registered.

Sources close to the White House say that Geithner's days in the Administration may be numbered. "Only President Obama stands in the way of Tim Geithner and the exit," one source reported, based on conversations with a top White House aide.

The ouster of Geithner, who played a central role, first during the Bush Administration and now under President Obama, in the $24 trillion Wall Street bailout, would be a good first step. But the problem runs a whole lot deeper.

One senior U.S. intelligence official, speaking anonymously, said that the White House "Chicago gang"—Rahm Emanuel, David Axelrod, and Valerie Jarrett—is worse than Karl Rove. Their entire orientation is towards the 2012 election.

They believe national security and foreign policy are subordinate to the re-election campaign.

Ultimately, the greatest problem lies with the President himself. While LaRouche enraged many Democrats with his April 11, 2009 webcast denunciation of President Obama as a narcissist, "like Emperor Nero," and his attack on the President for adopting health-care "reforms" modeled on Hitler's T-4 genocide, many of those angry Democrats have come to begrudgingly admit that LaRouche was 100% correct.

The LaRouche PAC poster of President Obama sporting a Hitler mustache grabbed worldwide headlines in August, when hundreds of thousands of Americans flocked to town hall meetings, to confront their Congressmen over the Obama health-care disaster, the Wall Street bailout, the jobs collapse, and the Afghan war.

"The mustache stays," LaRouche declared this week, as the new evidence of the President's devotion to Hitlerian euthanasia once again grabbed headlines, even as Senate Democrats caved in to White House blackmail, extortion, and bribery, and passed a procedural resolution on Nov. 21, paving the way for Senate debate and vote on the revamped health-care bill.

Ultimately, it will be the mobilization of the American people, that will decide whether the United States survives as a Constitutional Republic. LaRouche has spelled out a clear plan for revival of the United States, starting with cancellation of the $24 trillion bailout, the restoration of Glass-Steagall, the bankruptcy reorganization of the entire financial system, and the emission of tens of trillions of dollars in Federal government credits for high-technology infrastructure, creating millions of high-skilled, productive jobs.

Without a bankruptcy reorganization now, the U.S.A. and the whole world will be brought down by the same kind of hyperinflation that hit Weimar Germany in Autumn 1923. Now it is time for the American people to get behind the LaRouche Plan. Such an expression of the will of the people will sweep up both Democrats and Republicans in the Congress, and then, perhaps, even President Obama will get the message.

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