From World Socialist Web Site: http://www.wsws.org/articles/2010/sep2010/obam-s25.shtml
By Barry Grey
25 September 2010
Less than six weeks before the midterm congressional elections, the political initiative rests entirely with the Republicans and the most right-wing sections of the US political establishment. There are many indications that the Obama administration and the Democrats accept as inevitable substantial Republican gains in both legislative houses, including the possible Republican capture of the House of Representatives.
This is despite mounting anger against Wall Street and a general shift in popular sentiment to the left. Even the opinion polls show a substantial majority in favor of raising taxes on the rich to pay for job-creation programs.
To date, the growth of popular discontent fueled by mass unemployment and mounting social distress has found political expression only on the right. The corporate-sponsored, pseudo-populist Tea Party movement is largely the creation of forces within the Republican Party. Its popular support is vastly exaggerated by the media, which has relentlessly promoted it.
Nevertheless, this right-wing formation has been able to tap into popular anger and gain a degree of political traction, despite its program of brutal cuts in social programs and more deregulation and tax cuts for big business and the rich.
Continue reading at: http://www.wsws.org/articles/2010/sep2010/obam-s25.shtml