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DOES OBAMA’S GROVELING AT THE MEXICAN DICTATOR’S FEET MAKE YOU WANT TO PUKE? IS THAT ALL OBAMA CAN DO? GO LIMP WHEN TOLD, AND THEN GO CHASE ONE MORE RED CARPET PHOTO OP TO PRACTICE HIS PERFORMANCE OF “CHANGE”….?
DID YOU FIND OBAMA’S HISPANDERING TO THE MEX DICTATOR CALDERON, WHOSE MESSAGE TO THE POOR, ILLITERATE, CRIMINAL AND FREQUENTLY PREGNANT HIS NATION EXPORTS IS… “Where there’s a Mexican, there is Mexico!” DISGUSTING?
IT REMINDED ME OF OBAMA’S ASS KISSING OF HIS BANKSTER DONORS AS HE HANDS WHATEVER IS LEFT OF OUR ECON OVER TO THEM, OR HIS KISSING THE FEET OF THE SAUDI DICTATOR, LISTED AS No. 5 OF THE TOP TEN GLOBAL DICTATORS. THE SAUDIS BEING THE ONES THE BIG BUSH – SAUDI – CARLYLE GROUP STARTED TWO (2) WARS TO PROTECT LARD BUCKET SAUDI DICTATOR FROM GETTING HIS ASS KICKED BY SADDAM HUSSEIN… SAUDI THE FUCKERS THAT INVADED US 9 -11.
NOW WE HAVE THIS SHAMELESS FUCKER CALDERON THAT EXPORTS PREGNANT WOMAN TO CLIMB INTO THE “FREE” GRINGO BIRTHING = 18 YEARS OF WELFARE SYSTEM.
WE ARE MEXICO’S WELFARE, PRISONS, AND JOBS PLAN!
THE SIGHT OF OBAMA, AND HIS LA RAZA DEMS, PELOSI, BOXER, FEINSTEIN, LOFGREN AND REID EVER GROVELING AT THE MEXICAN INVASION MAKES ME WANT TO PUKE.
MEX INFESTED LOS ANGELES, AND THE REST OF MEXIFORNIA IS A LA RAZA OCCUPIED TERRITORY WHERE NO LEGAL NEED APPLY!
MEX GANG LAND OF L.A. PUTS OUT NEARLY A BILLION IN WELFARE FOR ILLEGALS EACH YEAR… ONE COUNTY ALONE! NO WONDER CALDERON AND THE CONGRESSIONAL HISPANIC CONGRESS (MEXICO’S LA RAZA PARTY IN CONGRESS), INCLUDING Rep. XAVIER BECERRA OF L.A. WANT THE BORDERS WIDENED MORE, AMNESTY, NO E-VERIFY AND MEX WELFARE EVER EXPANDED…. IF MEXICO HAD TO DEAL WITH THEIR OWN POVERTY, INSTEAD OF DUMPING IT OFF ON US, THERE MIGHT BE FEWER MEXICAN BILLIONAIRES!
THE RICHEST MAN IN THE WORLD IS NOT LA RAZA DONOR BILL GATES! IT IS MEX CARLOS SLIM!
THE ONLY THING THE MEXICAN DICTATORS, RULING FAMILIES, BILLIONAIRES AND OLIGARCHY OF DRUG CARTELS HAS EVER DONE FOR THEIR PEOPLE IS PRINT MAPS TO THE GRINGO WELFARE LINES, AND EXPAND THEIR DRUG MARKETS.
ALIPAC.org
Friends of ALIPAC,
We are very proud of Congressman Tom McCLintock (R-CA-4) for having the spine to stand up and tell the President of Mexico and the cheering Democrats in Congress how inappropriate what happened yesterday was.
It is an outrage that the President of Mexico came into our nation and made demands for Amnesty while Obama and many allied Democrats cheered him on!
ALIPAC has endorsed Congressman Tom McClintock, please watch this video and share it with others. We are not alone and there are still some real Americans in Congress.
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VIDEO: Congressman Tom McClintock Tells Mexico To Butt Out
http://www.youtube.com/watch?v=-JDo36xPYgE
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You can help others see this video by Favoriting it, voting thumbs up, making a supportive comment, emailing it to others, or using the share features to post it on Facebook, Myspace, or Twitter.
If you would like to write to McClintock, contribute to his campaign, or volunteer then visit this link...
Tom McClintock for Congress
http://www.tommcclintock.com/
The ALIPAC Team
www.alipac.us
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The Mexican Invasion................................................
Mexico prefers to export its poor, not uplift them
March 30, 2006 edition
http://www.csmonitor.com/2006/0330/p09s02-coop.html
Mexico prefers to export its poor, not uplift them
At this week's summit, failed reforms under Fox should be the issue, not US actions.
By George W. Grayson WILLIAMSBURG, VA.
At the parleys this week with his US and Canadian counterparts in Cancún, Mexican President Vicente Fox will press for more opportunities for his countrymen north of the Rio Grande. Specifically, he will argue for additional visas for Mexicans to enter the United States and Canada, the expansion of guest-worker schemes, and the "regularization" of illegal immigrants who reside throughout the continent. In a recent interview with CNN, the Mexican chief executive excoriated as "undemocratic" the extension of a wall on the US-Mexico border and called for the "orderly, safe, and legal" northbound flow of Mexicans, many of whom come from his home state of Guanajuato. Mexican legislators share Mr. Fox's goals. Silvia Hernández Enriquez, head of the Senate Committee on Foreign Relations for North America, recently emphasized that the solution to the "structural phenomenon" of unlawful migration lies not with "walls or militarization" but with "understanding, cooperation, and joint responsibility." Such rhetoric would be more convincing if Mexican officials were making a good faith effort to uplift the 50 percent of their 106 million people who live in poverty. To his credit, Fox's "Opportunities" initiative has improved slightly the plight of the poorest of the poor. Still, neither he nor Mexico's lawmakers have advanced measures that would spur sustained growth, improve the quality of the workforce, curb unemployment, and obviate the flight of Mexicans abroad. Indeed, Mexico's leaders have turned hypocrisy from an art form into an exact science as they shirk their obligations to fellow citizens, while decrying efforts by the US senators and representatives to crack down on illegal immigration at the border and the workplace. What are some examples of this failure of responsibility? • When oil revenues are excluded, Mexico raises the equivalent of only 9 percent of its gross domestic product in taxes - a figure roughly equivalent to that of Haiti and far below the level of major Latin American nations. Not only is Mexico's collection rate ridiculously low, its fiscal regime is riddled with loopholes and exemptions, giving rise to widespread evasion. Congress has rebuffed efforts to reform the system. Insufficient revenues mean that Mexico spends relatively little on two key elements of social mobility: Education commands just 5.3 percent of its GDP and healthcare only 6.10 percent, according to the World Bank's last comparative study. • A venal, "come-back-tomorrow" bureaucracy explains the 58 days it takes to open a business in Mexico compared with three days in Canada, five days in the US, nine days in Jamaica, and 27 days in Chile. Mexico's private sector estimates that 34 percent of the firms in the country made "extra official" payments to functionaries and legislators in 2004. These bribes totaled $11.2 billion and equaled 12 percent of GDP. • Transparency International, a nongovernmental organization, placed Mexico in a tie with Ghana, Panama, Peru, and Turkey for 65th among 158 countries surveyed for corruption. • Economic competition is constrained by the presence of inefficient, overstaffed state oil and electricity monopolies, as well as a small number of private corporations - closely linked to government big shots - that control telecommunications, television, food processing, transportation, construction, and cement. Politicians who talk about, much less propose, trust-busting measures are as rare as a snowfall in the Sonoran Desert. Geography, self-interests, and humanitarian concerns require North America's neighbors to cooperate on myriad issues, not the least of which is immigration. However, Mexico's power brokers have failed to make the difficult decisions necessary to use their nation's bountiful wealth to benefit the masses. Washington and Ottawa have every right to insist that Mexico's pampered elite act responsibly, rather than expecting US and Canadian taxpayers to shoulder burdens Mexico should assume.
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REALITY ON OBAMA’S SCAM OF “RECOVERY”… GOIN’ GOOD FOR HIS BANKSTER DONORS! BUT FOR THE REST OF US UNEMPLOYMENT, FORECLOSURES, AND POSTED: NO LEGAL NEED APPLY! THEN WE GET THE TAX BILLS TO PAY FOR THE MEXICAN WELFARE STATE!
Wsws.org – get on their NO ADS EMAILS!
Figures reveal US slump is sustained, deepening for the working population
By David Walsh
21 May 2010
Two sets of US economic data released Thursday poured more cold water on recent claims of an “economic recovery” at least as far as the conditions of broad sections of the American population are concerned.
At the same time, the Federal Deposit Insurance Corporation (FDIC) reported that the net income of US banks rose to $18 billion for the first quarter of 2010, the highest total in two years. The gains were concentrated among the largest banks, indicating that certain portions of the economy are performing quite well.
The Conference Board, based in New York, issued its influential Leading Economic Index (LEI) for April on Thursday morning, which showed a slight decrease, of 0.1 percent, the first monthly decline since March 2009. The biggest negative contributors were a sharp decline in building permits, supplier deliveries (vendor performance), consumer confidence, and manufacturers’ new orders for consumer goods. The March 2010 LEI increase has also been revised downward, from 1.4 to 1.3 percent.
The Commerce Department reported earlier in the week that building permits fell 11.5 percent in April, to the lowest level in six months. This foreshadows a new slowdown in residential construction.
The decline in the Conference Board LEI had not been anticipated on Wall Street, helping to drive down share prices Thursday morning. Notes RTTNews, “The decrease came as a surprise to economists, who had expected the index to increase by 0.2 percent.” Overall, comments Bloomberg Businessweek, “A slump in building permits, little letup in firings and retreating stock prices highlight risks to the strength of the recovery as concern over the European debt crisis mounts.”
A day earlier, the Mortgage Bankers Association (MBA) reported that a record share of US houses were in foreclosure, 4.63 percent, in the first quarter of 2010 “as job losses caused homebuyers to fall behind on monthly payments” (Bloomberg Businessweek). The MBA reported the combined share of foreclosures and mortgage delinquencies was 14 percent, or about one in every seven US mortgages, a staggering total.
“Job losses have strained budgets, making it difficult for households to pay monthly bills,” Jay Brinkmann, the MBA’s chief economist, told Bloomberg Businessweek. “The unemployment rate is the major factor driving the numbers,” Brinkmann said. “We’re seeing the states with the biggest unemployment problem, like Ohio, Illinois and Michigan, showing the biggest increases.”
In other words, there is no recovery for the working population in the US.
This reality was underscored by another unexpected statistic announced Thursday morning, the jump in weekly jobless claims in the US by 25,000 last week, to 471,000, “defying predictions” of economists they would decline by 4,000. The previous week’s jobless claim total was also revised upward a slight amount.
The Wall Street Journal commented, “In a troubling sign for the U.S. labor market, the number of workers filing new claims for unemployment benefits unexpectedly surged last week to wipe out most of the recent declines.”
Joseph Lazzaro at Daily Finance wrote, “At this stage of a U.S. economic expansion, initial jobless claims would normally be below 400,000. But this recession, which was deepened by the financial crisis, has defied numerous, historical economic norms and patterns, and the expected trend in jobless claims has been one.”
It was considered good news that continuing jobless claims (those drawn by workers for more than one week) declined by 40,000, to 4.6 million. It is necessary to bear in mind, however, that hundreds of thousands of the jobless are simply exhausting their benefits each months.
Moreover, Lazzaro points out, “This week, states reported 5,101,000 persons claiming Emergency Unemployment Compensation [established and extended several times by Congress] benefits for the week ending May 1, the latest week for which data is available, a decrease of 94,788 from the prior week. A year ago, there were 2,290,000 million EUC claimants.
“In other words, while continuing claims have declined by about 1.8 million over the past 12 months, emergency claims have increased by about 2.8 million.”
The large US banks meanwhile “enjoyed a disproportionate share” of the industry’s earnings gains in 2010’s first quarter, commented a Reuters dispatch. Thestreet.com reports that among those institutions “showing vast improvements” were FIA Card Services, a subsidiary of Bank of America, with first-quarter earnings of $507 million compared to a net loss of $1.5 billion in the first three months last year. The main subsidiary of Wells Fargo posted a profit of $2 billion, up from $1.2 billion in the same period in 2009.
“The largest U.S. bank by total assets as of March 31, was JPMorgan Chase Bank, NA, which is held by JPMorgan Chase, and it reported first-quarter net income of $2.7 billion, a slight rise from $2.5 billion during the first quarter of 2009.” Citibank, NA, took in net income of $2.2 billion in the first quarter of 2010, as opposed to $1.5 billion in the same three months last year.
However, despite having trillions made available to them, the banks continue to balk at loaning out their money. Without an accounting change that skewed the figures, “loan balances would have declined for the seventh quarter in a row.”
The number of problem banks increased, reported the FDIC, from 775, up from 702 the previous quarter, and 305 a year ago. Seventy-two US banks and thrifts have failed so far in 2010, and 237 since the beginning of 2008; the FDIC expects the total this year to exceed 2009’s 140.
Bank failures and consolidations resulting from the ongoing crisis have driven down the number of US banks to below 8,000, Reuters notes, for the first time in the FDIC’s 76-year history.
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