Reflections on the U.S. Counterrevolution http://www.zcommunications.org/reflections-on-the-u-s-counterrevolution-by-edward-herman

We are in the midst of a counterrevolution and intensifying class war. What makes its present efflorescence so striking is that it is taking place under the presidency of Barack Obama, a man elected in good measure by an aroused mass base that is now taking its lumps. The power structure no longer permits serious attention to the welfare of that mass base...The Democrats invariably betray their voting base, but not their investor base.