Analysis:what fucking planet are these guys on?

in the lead-up to obama's speech on the jobless situation, we're getting the usual blather from the corporate media, including the business press. it's all part of a concerted group effort to put the most positive spin on events possible:

Analysis: Markets have hope but Obama speech may change little | Reuters: "(Reuters) - After learning the U.S. economy added no new jobs in August, investors say they are ready for bold ideas from Washington to put people to work.

The problem is, few are convinced that U.S. politicians can deliver, particularly with the 2012 election barely a year off and acrimony among Democrats and Republicans running high.

That means President Barack Obama will be preaching to a pretty tough crowd on Thursday when he details plans to boost employment.

"In many respects, his hands are tied. It takes time to create jobs," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey. "And he's not going to have much cooperation from the other side of the aisle.""

at least the root-tooters at reuters feel at least a minimal obligation to confront the inevitable: that whatever obama proposes will be immediately and summarily rejected by a GOP establishment driven by it's own institutional agenda to nullify any even mild palliative for the worker's pain.

still, we've got to get a bit of pep-rally boosterism, if only out of sentimental reasons, for the sake of the old hometown team. yes, america, the "analysts" seem to be saying, we're rooting for you as you exhaust your unemployment benefits, or as your company sends your job overseas, or your factory just flat-out folds and you're out on the street because your underwater mortgage is in foreclosure...

you can tell crocodile tears when you see 'em, though. these guys in the financial sector don't give a flying fuck about US workers -- never did, never will. their sole objective is to create churn in the market in order to generate fees for their firms. they worry about stock prices and quarterly corporate results -- and if those corporate profits come about from offshoring jobs and putting workers out of a job, so be it.

this is what's often referred to as "the magic of the marketplace." some poor fuck get canned, but magically the corporations that used to employ him mark up another quarter of record profits.

if the truth be known, the analysts are really rooting for obama to fail, too, so he can be replaced with a real republican, someone who will eliminate all regulation on businesses, and who will once and for all eviscerate unions and bring the nightmare of new deal social programs to an end.

if US workers want jobs, they'll have to compete with places like china, vietnam, cambodia on things like wages and working conditions -- and that means a rather sharp decline in our accustomed living standards.

when investors say they are ready for bold ideas from washington to put people to work, they aren't thinking of the gauzy platitudes that obama will utter in his speech. that's only being rolled out there for the suckers who still believe in the american dream.