Same as everyone else: corrupt crony capitalism gone wild.
And that Romney's backers wanted even more wild.
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Be hard to top Obama's crony capitalism. Bailing out privately held companies, bailing out banksters, bailing out failing and failed "alternative energy" companies. Yep, looks like crony capitalism to me.
Could you now explain what similar bailouts Romney was planning?
I imagine Romney's big corporate backers were not in it for high-minded reasons. Who knows what they had planned. But I imagine that entrenching their corrupt business practices was foremost amongst them. After all, Romney's own business practices were pretty "interesting".
Though the economy was played like a fiddle by the media, the driving issues were immigration (which pulled Hispanics to Obama), social justice and health issues (which drew single educated women and youth to Obama) and racial equality issues including education access (which turned out the blacks).
But that's hardly surprising. Romney had no economic plan though he waffled regularly about claiming to have one.
And, of course, Obama won despite having an unemployment rate no other president had ever won with.
The most hilarious thing about this election was the Hispanic payback for the US invasion of Mexico in the 1840s.
Thanks to the Hispanics, more of the territories the US confiscated - Nevada, Colorado and New Mexico have turned blue. Arizona soon will. It calculated that even Texas will become Democrat in the not too distant future.
The Hispanics are taking back what was theirs to start with.
It is true that Obama was in thrall to the corporates in his first term.
But there are important distinctions to be made between him and Bush. Bush deregulated the financial markets, lowered taxes on the wealthy, ignored environment protection laws, invaded Iraq and the rest in order to do no more than make his cronies rich. There was no principle involved above the level of raw greed. And we know what disasters ensued.
Obama bailed the banks and auto industry not because they were his pals but because the US economy would have tanked out of sight if he had not done so. The standard was pure pragmatism, not ideology or principle.
Where I blame Obama is in letting himself be handcuffed to special interests who contributed to his 2008 campaign. The result of that is that criminal financiers and warmongers (including Bush and Cheney) were not prosecuted for their crimes and even managed a lite Frank-Dodds financiaL market regulation.
This time around I doubt that Obama will make the same mistake. Or need to. Special interest money went overwhelmingly to the GOP for the 2012 election. He has no reason to look on them favourably, and my guess is that he will not.
Nothing "major" about it. Obama was simply doing what circumstances (but, unlike Bush, not greed) forced him to do in a political sense.
Now he is free of special interests. And I see he is not going to let them get away with murder again.
The rich will, for example, be taxed more. Of that, he has left no doubt. The Republicans are trying, yet again, to obstruct. But he has the overwhelming support of the American people.
If the GOP does not want to become totally irrelevant and lose the mid-terms in a landslide, it had better co-operate.