From Bush to Obama: On the eve of a “seamless transition”

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Obama - Bush

{ Three days before the inauguration of the 44th president of the United States, the distinctions have largely been effaced between the outgoing and incoming administrations.

George W. Bush is, as even the corporate-controlled media admits, the most hated and despised president in American history. Barack Obama is, at least according to the opinion polls that measure popular moods, the beneficiary of a temporary honeymoon period in which hope outweighs experience and many are inclined to “give him a chance.”

Far more decisive than these illusions are the policies of the Obama administration. There is ample reason to believe that popular opposition to Obama will grow rapidly, and that anger and outrage over the gross deception involved in the electoral process will add fuel to the fire. While millions voted for the Democratic candidate in a repudiation of the Bush administration’s program of war, repression and favors to the wealthy, the actions of Obama demonstrate the fundamental unity of the two big business parties, which are both instruments of the same corporate ruling elite.

Obama’s first major political intervention, even before entering the White House, was to lobby for congressional authorization to release the second half of the $700 billion set aside last fall at the urging of the Bush administration to prop up the US financial system. The Senate (with Democrats providing 46 of the 52 votes) backed the latest bailout of the banks on Thursday. }

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