The media and Obama: Dutifully doing the bidding of the financial aristocracy

[Karmadillo]

http://www.wsws.org/articles/2010/dec2010/pers-d28.shtml

The media and Obama: Image and reality
28 December 2010

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The shift on Obama exemplifies the ceaseless efforts of the corporate-owned and controlled media to artificially create political realities by means of image making. Obama’s election was largely the result of a media marketing operation, backed and financed by sections of the ruling class that saw the need for a change in image and personnel after the foreign policy disasters of the Bush years and in the face of public hatred for Bush and the Republicans.

Now, the media is seeking to repackage and repair the badly discredited Obama administration. Why? Because it is dutifully doing the bidding of the financial aristocracy.

Obama is presently being built up because he has made clear that his cave-in on tax cuts for the rich is only the prelude to a further shift to the right on social policy. Appearing Sunday on NBC’s “Meet the Press” program, Obama aide Valerie Jarrett, a multimillionaire Chicago real estate investor who is described as Obama’s liaison to business, said Obama would focus in the immediate future on reining in the deficit and improving his relationship with American business.

The administration has already called for a freeze on non-defense discretionary spending and federal employee pay and backed proposals for cuts in Social Security benefits, increased taxes on consumption, and a broad “reform” of the tax system that will sharply reduce income taxes for the rich as well as corporate taxes.

The content of Obama’s so-called rebound is an accelerated attack on ever-broader sections of the working class.

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