In what Lyndon LaRouche called a "childish" act, a former Chicago community organizer again publicly spat on the American System today, when he announced his regime's non-infrastructure plan: repairing roads, constructing and maintaining rails, and refurbishing runways. This is to be done with an "up-front investment" of a mere $50 billion over six years. Faced with a desperate Democratic Party constituency still too weak-kneed to dump him, Obama gave them an "image," which stinks of Rohatyn's corporatism, and Gingrichite "competition" like that featured in the health care plan and "Race to the Top."
Even if it were serious, which it's not, the plan is designed to simply set sections of the nation to compete against each other for limited resources—the very opposite of FDR's (and LaRouche's) plans for national recovery.
The plan includes the funding of a "permanent [corporativist] infrastructure bank" that "would leverage private and state and local capital." "The Bank will base its investment decisions on clear analytical measures of performance, competing projects against each other to determine which will produce the greatest return for American taxpayers," said a White House release in advance of Obama's announcement at a Milwaukee Labor Day event. [Incumbent Senate candidate Russ Feingold had the good sense to put in his appearance at the event and then get the hell out of Dodge before Albatross showed up.]
The American Society of Civil Engineers in 2009 said that the nation needs to invest $2.2 trillion over five years to bring existing infrastructure up to snuff, let alone launch absolutely essential Great Projects such as NAWAPA. The Obama plan talks of $50 billion over six years. That would be laughable. If it weren't criminal.
Give 'most any other American 60 seconds to rattle off the physical fixes the country needs, and you'd have a list that would stretch from here to the nearest nuclear power plant. What did Obama come up with?: Rebuild 150,000 miles of roads; construct and maintain 4,000 miles of rail, and rehabilitate or reconstruct 150 miles of runway. That's it.
"At the same time, the plan would reform the way America currently invests in transportation, changing our focus to enhancing competition, innovation, performance, and real analysis that gets taxpayers the best bang for the buck," says the release.
Modeled on the regime's disastrous "education" scheme, the White House envisions "focusing on using performance measurement and race-to-the-top style competitive pressures to drive investment toward better policy outcomes."
Obama is slated to elaborate on the plan Wednesday in Cleveland.