In the last couple of days Barack Obama has found out what Paula Jones must have felt like after being worked over by the Clinton organization. Ms. Clinton goes slap, slap, slap across his face as husband Bill lets the Illinois Senator have it below the belt.
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The Meltdown's Silver Lining
Nicholas von Hoffman: When the markets calm down, liquidity returns and we are sunk in the inevitable recession, America can remake itself into a saner, more humane society.
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Decline and Fall
Nicholas von Hoffman: The Dow falls below 10,000. As deflation destroys wealth and unemployment rises, America braces for tough times ahead.
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How to Break the Money Monopoly
Nicholas von Hoffman: As the next Congress creates a new regulatory structure for our crippled financial system, job one is breaking Wall Street's grip on capital and credit.
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Deflation on the Horizon
Nicholas von Hoffman: If everyday life is hit by a deflationary wave, it will bring extreme hardship to millions.
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Regional Banks Can Solve the Credit Crisis
Nicholas von Hoffman: Take a lesson from Andrew Jackson: Rely on regional banks, not Wall Street, to get money in the hands of people who need it.
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Desperate Measures
Nicholas von Hoffman: Remember the National Lampoon cover showing a puppy with a gun to its head? That's the Paulson plan.
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The Mother of All Bailouts
Nicholas von Hoffman: Even without knowing the specifics of Paulson's staggering rescue plan, you can kiss the environment, preschool education and health insurance for all goodbye.
The heart of the Clintons' strategy is to pull Obama down to their level. They are playing demolition derby politics. They understand that they cannot compete with his idealism or with his grand hopes for his country and its people. They know that they cannot match the inspiration he brings to young people and the renewal of faded dreams to older ones. The Clintons know they must take away the joy the Obama volunteers have in their belief that they are making history. They are going after Obama with fire extinguishers to douse the flames he ignites in hearts.
The Clintons cannot compete with the enthusiasm Obama sets off so they must destroy it. Their tactic is disillusionment. They are the quashers of the dream. Bring Obama's people down by showing them he is just another pol like themselves. Discourage idealism with the politics of experience--the politics of the payoff, the deal, of hit-man surrogates, of the slyest of slanders and of when we all are back in the White House, we'll take care of you.
The tactic is to bait, confuse and anger Obama until he says things in heat he does not mean and are not who he is. The tactic is to make him look less noble than he is and show the millions who have placed their hopes in him that he is not a special person after all.
The Clintons would barter the goodwill that they have earned among African Americans in a trade for Hispanic votes. If the exchange sows disunion and rubs raw latent antagonism, a politician of experience accepts the bitterness and the division to follow. It's for a higher cause--getting back in.
In the face of his enemies' campaign of disillusionment, Obama must get back to being Obama. No more debates which have a viewing audience of minus three but which supply embarrassing sound bites and You Tube tidbits for millions. The Lincolnesque Obama is unsuited to the circus of TV debate, where ringmasters angle for catfights and humiliation. It is for Obama's surrogates to challenge the Clintons at their game.
By the time the convention rolls around, the Clintons may pull it off. The machine wins again. Money trumps all. Campaigns of the good die young, etc. However, if those two think that the discouraged youth and the disgusted older people and the again embittered African-Americans are going to vote for her in November, they will find out that the cost of destroying Obama and the dream in the spring is their own destruction in the fall.
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