Friday, January 01, 2010


clipped from

As 2009 comes to a close, and with it, the first year of the Obama administration, one big question seems to be hanging over the man who said he had "The Audacity to Hope," and promised his supporters "Change We Can Believe In." That question can be summed up with two simple pictures.

How did this...
produce this?
After all, the image of Barack Obama as the candidate of "change", community organizer, and "hope-monger" (his word), was sold intensively during the campaign. Even after the fact, we were told that his victory represented the empowerment of a bottom-up movement
In terms of the early money that was raised by his campaign in 2007--and this is the most influential money in politics--more than one-third (36%) of his total came from the financial sector (compared to 28% for Hillary Clinton), reported campaign finance expert Thomas Ferguson.
Nor, it is clear, was Obama's campaign ever really about giving control to the grassroots.