Yet Obama has only done what politicians do: He has delivered up his constituency to his campaign backers – the same Wall Street donors who back the Republicans. What’s the point of having a constituency, after all, if you can’t sell it?What Hudson doesn't seem to understand is that the Democratic Party's function in capitalist America is to create the illusion of serving main street, the "little guy", working people, etc. and to create the impression among these people that they have a representative government, that is, they can choose their government leaders and policies through elections. Meanwhile, behind the scenes their Democratic leaders serve their masters in the ruling class. This is precisely what Obama has done. The same ruling class used Democratic Clinton to sell ordinary Americans on "free trade" policies that resulted in their jobs being shifted overseas.
The ruling class will reward Obama one way or another. Although they can't be too upfront about it, they love Obama as revealed in this publication. Also see this.
And the cuts in Social Security payroll tax deductions represent a stealth attack on Social Security which the ruling class also wants to destroy. See this.