This article and most others like it suffer from the same fallacy; that Obama actually wants to mend the troubles in our economy. He doesn’t. He wants it to fail. Only when capitalism has failed can he implement his socialist system. So long as there is a working economy under capitalist principles, even one that is struggling, he cannot succeed.
There's another fallacy at work here as well; one that is not recognized by many. An astute FR member stated that this is not a normal bear market caused by the usual "exuberance". A MASSIVE expansion of leveraged debt-fueled consumption has created a virtual financial Black Hole which no amount of fiat money can fill. Coupled with your observation that Obama has no intention of letting the situation correct itself leaves one to expect a massive deflation that may well change our lives for generations.