The election of Barack Obama in 2008 brought hope and optimism to Americans and non-Americans alike. But after one and a half terms, the reality is sinking in that for all the promised change, it’s the “same old, same old.” The big question is why, writes Australian Greg Maybury.

For folks who were fans of the late, great comedian Bill Hicks, they likely will be familiar with one of his more memorable routines wherein he is “riffing” on about a Global Power Elite that rules the world. In this routine, Hicks unveils a secret induction ritual of sorts, a rite of passage that takes place once new presidents are ensconced in the White House.