One glaring difference between Obama nd FDR is that FDR inspired confidence in Americans. Obama, who campaigned on “hope, is in fact, like most on the left, a pessimist at heart and cultivates pessimism. He believes people are helpless pawns, not the engineers of their own destinies, except insofar as they choose to elect messiahs like him to deliver us all from our own ineptitude. He believes commerce and wealth creation to be sinful. He believes that wealth is a static commodity and that the “rich” don’t create new wealth, but steal it from the rest. He believes in his soul that America is a racist, greedy, inherently sinful country that needs to be punished, cleansed of its sins by a redeemer who must first insist on an accounting of sins. His statements clearly reflect this view.

This is why he doesn’t appear to care much about the Great Collapse: he doesn’t. He expects it as the natural wages of our sins. Some say he and the Left want collapse to make us all wards of the state. Maybe, but it may be even simpler. They simply see what is happening now as deserved, as the natural consequences of the immoral ways of capitalism.

When Obama promised “fundamental change,” he meant it. Because, as all people on the left believe, he believes justice comes not from raising up the less fortunate but in tearing down the “fortunate,” the achievers, he no doubt thinks the mighty capitalist engine being laid low is a good thing for all. From that perspective, financial disaster is a good thing. He wants to punish success, because he thinks property is theft and therefore success is theft. To him, the thieves are getting their just deserts.