Since elected, President Obama appears to be a polite assistant of the politicos in Washington. He promised a change that all Americans believed was the end of the barbaric unruly anarchy of Cheney-Bush and the return to a regulated, disciplined and civilized democracy. Every day all the members of the Media review every word spoken by the President and he frequently speaks of the changes that he is making through the Stimulus, only initiative to face the financial crisis approved by the politicians in Washington. The Stimulus (costing a trillion) does not change a bit the life of the average American but wastes a lot of taxpayers’ money in bail-outs of incompetent or corrupted executives who have run down their corporations to be in a position to commit extortion to the President and get bail-outs under menace of layoffs of their employees. All the reports define the Stimulus as the change promised by candidate Obama.
If one study the vibrant electoral speeches of Senator Obama, the word Stimulus does not appear once. The “change” and “Yes, we can” appear in all the speeches with poetic intonation as announcing something different, something immense, something soothing, something joyful and happy never before seen in the land of America. And the world over is waiting to see the materialization of that euphonious promise of the eloquent candidate Obama.
Candidate Obama also was persuasive promising the restoration of the regulations of Democracy, totally ignored in the previous 8 years. We must be objective and note that when he can use orders-in-council not needing political consent he has restored some minor regulations abandoned by Bush. But when the support of the political establishment is necessary the regulations are not mentioned by the President in training. Thus, Wall Street has reduced the currency of America to a piece of no-value paper which speculative worth is measured by erratic quotations in all stock markets of the World. However, that is an invasion of the jurisdiction of the Department of Economics manager of Federal Reserves (in democratic governments) that President Obama can correct immediate by order-in-council. By so doing, he would stabilize the world trade and all Nations would be the winners because they could restore trade with America without need to borrow in the World Bank or to enter into a Free Trade shell-game-agreement.
The restoration of the jurisdiction of the Department of Economics (now downgraded to Department of the Treasury) would allow all Nations to use their Central Banks as a source of national financing to promote the national development at the municipal or communal level, by providing financing to small and medium size new enterprises creating new clean industries (like in the 1800s until about the 1940s. Creation of employment would return to be in the hands of the communities and the insane bigness of the corporate empire would be return back to the time that individual initiative was the driving force of democratic America.
If Hon. Obama was allowed by the Washington Establishment to act in the national interest, the economic crisis would be practically resolved by usage of real economics, technically-sound economics, just like FDR did with resounding historical success. That would be the destiny of Obama if the political bubble would let go; otherwise, Obama in the next 8 years maybe a great hope that was not permitted to bloom because of politics, and as a result of betrayal of the cousins of Madoff in speculation, banking, financing and in the Corporate Media bribed to misinform and brainwash.
Hold tight, Mr. President and ... Good luck!!!


Jorge Torrealba, P.Eng. (Retired), Director General,
Techno Economics International Consultants,
Halifax NS Canada.
human.economics@ns.sympatico.ca
www.e-libro.net ( 6 Scientific Human Economics Books available in this site).