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The American Empire in a Changing World



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Wednesday, August 10, 2011

'How Obama Disappointed the World'

from der spiegel.........

"The financial crisis that Obama inherited has changed America. Many citizens have been overcome by feelings of frustration and rage against people like the Wall Street elite, who continue to make money while the middle class have lost their homes and jobs. According to opinion polls, 54 percent of Americans say they have had to change their lifestyle, their American way of life, while a third of Americans say they are furious with the banks, the politicians and Obama.

Obama's approval ratings have plunged, with only 40 percent of Americans now saying they are satisfied with his performance. In April 2009, shortly after his inauguration, some 68 percent of Americans were still on Obama's side.

All that remains of the great hopes Americans and the world had pinned on Obama, inspired by his stirring campaign speeches about change and renewal, is a battlefield of unsatisfactory and contradictory compromises. Obama, who just turned 50 and was once a symbol of youthful change, suddenly seems old and worn out, as gray as his hair has become"............READ MORE

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