Nader Predicts Second Term for Obama

In a column for Bloomberg, Ralph Nader has outlined the reasons he believes President Obama will not be defeated in 2012.

Though the piece certainly doesn’t read as an endorsement for Obama — it’s more critique than anything — Nader argued that a combination of Republican shortcomings and the president’s friendly relationship with big business will carry him through. Some of the points have been heavily covered previously, such as the lack of strong challengers on both sides, but Nader also looks at the effects of U.S. governors’ divergent approaches toward workers’ rights. — KDG

Bloomberg:

By 2014, Obamacare will deliver some 30 million subsidized customers to health-insurance companies. The auto industry is forever grateful for its bailout. Obama hasn’t moved on corporate-tax reform, tax shelters for the wealthy, or the preferential capital-gains tax treatment on the 20 percent service fees of hedge fund managers. Don’t forget last December when Obama agreed to extended tax cuts for the rich while the budget deficit gets larger.

The military-industrial complex about which President Dwight Eisenhower warned in his farewell address 50 years ago, is still uncontrollable, leading departing Defense Secretary Robert Gates to express serious concerns. Obama has even surprised George W. Bush and Dick Cheney and his cohort of neocons, who can scarcely believe how militarily aggressive Obama has been on just about every move that liberals used to call impeachable offenses by former President George W. Bush.

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