November 13, 2008 

Freedom Socialist Party Statement on the 2008 Presidential Election 


Despite High Hopes, Obama is Not the “Change We Need” 


News of Barack Obama’s successful bid to be the first Black president of the 
United States brought tears of joy to many who had marched in their youth 
against racist segregation and denial of voting rights. Across the country and 
around the world, tens of thousands celebrated this milestone. 


Obama won, in part, because of the groundwork laid by the heroic civil rights 
movement of the 1960s and ’70s. He was able to pull together multi-racial, 
multi-gender, multi-generational electoral support that included 97% of African 
American voters, 67% of newly registered young people, 66% of Latino voters, 
56% of the female vote, almost 50% of seniors, and 67% of union members. 


The enthusiastic response to the elevation of an African American man to the 
presidency expressed the historic aspiration of U.S. Blacks for equal 
opportunity and fair treatment. But despite Obama’s victory, these goals remain 
out of reach for most people of color. Though Obama has raised people’s hopes, 
he will not be able to fulfill their needs. 


Obama: savior of the profit system, not working people 


On January 20, Barack Obama will take the reins of power during the worst world 
financial crisis since the Great Depression. He will be sworn in at a time of 
intense suffering and misery.20In these circumstances, the future president’s 
role as representative and political leader of the U.S. capitalist class is 
clear. 


Obama’s No. 1 Job is to oversee the ongoing and outrageous raid of the U.S. 
treasury in order to subsidize major corporations and Wall Street—to the tune 
of more than $2 trillion and counting. Obama’s No. 2 Job is to give an illusion 
of change that can assuage people’s well-founded distrust of the U.S. 
government. National and transnational corporations will be calling on him to 
use his credibility to push through unpopular pro-business, anti-labor 
measures. 


The claim that Obama will represent bosses and workers alike, in the midst of a 
war against working people raging at home and across the globe, doesn’t hold 
up. Obama carefully cultivated the image that he is not beholden to interest 
groups because he ran a grassroots campaign that relied on small donors. 
However, 75% of the record-breaking $622 million raised by Obama came from 
donations over $200. His top donors include people associated with 14 Wall 
Street investment banks and major corporations who gave a total of $7.6 
million. CEOs of four of these businesses ended up on Obama’s Transition 
Economic Advisory Board; it has no representatives of labor, women, immigrant 
rights, or social service organizations. 


What about Obama’s plan for tax breaks to the “middle class” (including workers 
with living wage jobs)? This is also disconnected fro
m reality. More than one million workers will lose their jobs this year. Tax 
breaks won’t do them much good. Nor will tax cuts meet the urgent needs of poor 
and low-paid workers, particularly women of color, who are the ones most 
heavily impacted by the economic crisis and decimated human services. In August 
2008, women experienced a record increase in their rate of unemployment, which 
spiked 33 percent over the preceding month.. Black women and single moms were 
most affected. 


Obama promises an economic recovery package, healthcare for all, clean energy, 
extension of unemployment benefits and better education. But he is already 
using the trillion dollar deficit and the bail-out of Wall Street to justify 
delay on many of these urgent issues. As in the past, the priority will go to 
financial institutions and war profiteers -- and car manufacturers who seek 
money to close plants and lay off thousands of workers. 


Come together to turn things around 


Major barriers to real change are the power-broker heads of labor, feminist and 
civil rights organizations who oppose militant tactics and confrontational 
strategies. These misleaders often won’t challenge Democrats to support 
legitimate demands out of fear it may jeopardize the politicians’ re-election. 


It’s time to replace obstructionist officials and build a new workingclass 
political coalition, independent of the Democratic and Republican parties. This 
coalition’s new leadership must come from African America
ns and others who struggle for justice against multiple oppressions as workers, 
racial and sexual minorities, and women. 


Together the coalition can fight for survival against social service cuts, 
layoffs, mortgage foreclosures, and corporate bailouts. An excellent way to 
keep more people employed and reduce unemployment would be to institute 30 
hours work for 40 hours pay. The movement can also press for affirmative 
action, full reproductive rights, round-the-clock child care, free education, 
jobs for all, immigrant rights, equality for gays and lesbians, and an end to 
the war, just for starters. To regain lost ground, much less make new advances, 
will require bold leadership and tactics. 


Lasting change will only come about through a fundamental reworking of the 
system -- with planned production for need, not profit, and nationalization of 
the banks, health care, transportation, and basic industry, all under workers’ 
control. In a word, socialism! 


Following Obama and the Democrats down a road littered with sell-outs and 
broken promises is not the answer. Now is the time to head in an exciting new 
direction, towards liberation for all time from wage slavery and racial and 
sexual oppression. 


___________________________________________________________


 


Freedom Socialist Party


National Office


4710 University Way NE, #100


Seattle, WA 98105


USA


___________________________________________________________ 


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subscribe to the Freedom Socialist newspaper, or see the booklist at 


Red Letter Press, or to find out more about the Freedom Socialist Party, 


go to www.socialism.com, or reply to this message.  We would love to 


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