Re-election of President Obama: The Bourgeoisie Prepares to Enact Austerity

The 2012 Presidential election has come and gone with a positive result for the main factions of the U.S. bourgeoisie. Beating back a firm challenge from his Republican rival Mitt Romney, President Obama has secured re-election meaning the Democratic Party will now survive to guide the ship of state for another four years.

U.S. Debt Ceiling Crisis: Political Wrangling While the Global Economy Burns

Throughout the month of July and into the early days of August, the bourgeois media inundated us with discussion and analysis of a veritable existential crisis for the entire global capitalist system, should the U.S. political class fail to resolve its differences and agree to an extension of the legal limit the U.S. government is allowed to borrow.

Mid-Term Elections Highlight Political Difficulties of U.S. Bourgeoisie

The 2010 Mid-Term Elections have come and gone with disastrous results for the Democratic Party. The Republicans won a strong majority in the House of Representatives, giving them the ability to obstruct any legislation that must pass both houses of Congress. For the bourgeois media, these elections were nothing sort of a sea-change event putting the Republicans in the driver’s seat to defeat Barack Obama in the 2012 Presidential Election. President Obama himself admitted to taking a “shellacking” in the elections and promised to do his best to work with the Republicans in Congress. Meanwhile, “progressive” Democrats sang a different tune, arguing that the election results were best explained by the collapse of the President’s electoral coalition due to his fecklessness in the face of Republican obstructionism, his sell-out on national healthcare and his pro-Wall Street agenda. 

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