Friday, October 29, 2010

San Francisco Under La Raza Occupation

The ever spreading LA RAZA MEX SUPREMACY… laws don’t apply to illegals!


Judicial Watch
City Ordered To Pay Day Laborers’ Legal Fees

Last Updated: Mon, 10/25/2010 - 3:02pm
A federal appellate court has ruled that an advocacy group representing illegal immigrant day laborers can collect legal fees from the city it successfully sued over a law banning workers from seeking employment on the street.
Issued by the San Francisco-based 9th Circuit Court of Appeals, the ruling is slap in the face for yet another local government trying to curb illegal immigration. The case involves the southern California city of Lake Forest, an upscale community of about 75,000 residents.
Responding to residents’ complaints, Lake Forest passed an ordinance in 2007 prohibiting day laborers, mostly large groups of illegal immigrant men, from seeking work on public streets and potential employers from hiring them. A group representing the day laborers (La Associacion De Trabajadores De Lake Forest) quickly sued the city for “harassing” the illegal aliens. The ordinance was unconstitutional because it violated the illegal immigrants’ First Amendment rights, according to the group’s complaint.
To avoid costly litigation the city repealed the measure a month later and, though both parties agreed to the settlement, the illegal alien advocacy group demanded attorney’s fees. When a lower court denied the request, the group appealed and this month a three-judge panel from the notoriously liberal 9th Circuit Court granted the request.
In reversing the denial for attorney’s fees, the court said that La Associacion De Trabajadores was the “prevailing party” based on the favorable settlement and therefore should be compensated for legal costs. The group "received relief in the form of a judicially enforceable agreement requiring (the defendants) to adhere to policies respecting day laborers and their First Amendment rights, relief ATLF sought in its complaint," according to the ruling.
Laws in other parts other country designed to ban day laborers have also been defeated in court, though awarding legal costs seems to take it a step beyond the norm. Earlier this year a federal judge in New York ruled that a Long Island town (Oyster Bay) can’t enforce its “unconstitutional” law prohibiting illegal immigrant day laborers from seeking work on public property and people from hiring them.
A similar ordinance in Mamaroneck, a working class village located about 25 miles north of New York City, was also defeated in federal court a few years ago. Earlier this year another southern California city, Costa Mesa, went to court to defend its anti-solicitation law which was challenged by a group of illegal immigrants who claim it’s unconstitutional and that it violates their civil rights. The outcome of that case has not been determined.
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MEXICANOCCUPATION.blogspot.com
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Lou Dobbs Tonight
Monday, February 11, 2008
In California, League of United Latin American Citizens has adopted a resolution to declare "California Del Norte" a sanctuary zone for immigrants. The declaration urges the Mexican government to invoke its rights under the Treaty of Guadalupe Hidalgo "to seek third nation neutral arbitration of ....disputes concerning immigration laws and their enforcement." We’ll have the story.
Mexican President Felipe Calderon is in New York today on the first leg his five day tour across America to meddle in immigration issues in the United States. This is his first visit to the U.S. since he became President in 2006, but he will not meet with President Bush or any of the presidential candidates, who he has accused of spewing anti immigrant rhetoric. Join us for that report.
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PUBLISHED IN 2004. DO YOU THINK IT’S BETTER NOW? OR IN A STATE OF CRISIS?
These examples of illegal immigrant crime depict a growing menace to our functioning society. While a sleepy American public watches idly and a Congress refuses to enforce our borders while mayors adopt the ‘sanctuary policy’, we citizens receive an average of 2,200 illegals every 24 hours, seven days a week, 365 days per year. Since the Amnesty policy was announced, the invasion intensifies with greater numbers.
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Immigration's Third World Momentum Crime Wave
Article by Frosty Wooldridge
January 29, 2004
Published in MichNews.com.
Last summer, in Boulder, Colorado, eight illegal aliens raped eight American woman. The aliens fled back to Mexico. One was caught. In a nearby city of Longmont, a used car dealer was driven out of business because he suffered so much theft from his lot that he bankrupted. An illegal alien killed a California cop, John Marsh, last year. Robberies and break-ins have become the norm in California. They’ve become the pattern in Florida, Georgia, North Carolina and dozens of other states. But the sobering realities concerning these crimes point to one fact--they are illegal aliens. They are importing themselves into this country with a vengeance. They are deadly, pernicious and organized. They represent the worst of what is common in the Third World.
In her recent scathing report, ‘THE ILLEGAL ALIEN CRIME WAVE’ by brilliant investigative reporter, Heather MacDonald, our country is being assaulted by a crime wave that grows steadily and viciously. A full 95% of all outstanding warrants for homicide, which totaled 1,500 last year in Los Angeles, pointed to illegal aliens. Soberingly, two thirds of all fugitive felony warrants, totaling a horrifying 17,000, were for illegal aliens. To make matters worse, in 1995 a report showed that 60% of the 20,000-strong 18th Street gang in southern California was composed of illegal aliens. That gang collaborates with the Mexican Mafia on drug distribution schemes, extortion and drive-by assassinations. They commit assault and robberies every day of the week. A night of crime to them is like a day of work for American citizens.
How did it come about and why is it spreading? In 1979, Los Angeles Police Department Chief Daryl Gates enacted Special Order 40. Astoundingly, as if insanity took the front row seat in their minds, leaders of dozens of cities from San Francisco to Miami and New York City—adopted this special order. This law prohibits police officers from arresting illegal aliens. In reality, it’s a carte blanche invitation for crime to grow in our country, putting citizens at risk for their lives.
"If I see a deportee from the Mara Salvatrucha prison in El Salvador crossing the street in LA, I can’t touch him," said a Los Angeles police officer. "I can’t arrest him for an immigration felony."
Boulder, Colorado practices the same ‘sanctuary’ policy for illegal aliens. The mayor of the city openly encourages illegal aliens by making sure the police chief does not arrest illegals. Some of Boulder’s immigration lawyers were so bold as to offer publicly announced classes for illegal aliens on how to avoid arrest, detention and deportation by immigration agents. The result in that town shows a tripling of the illegal alien population as well as jobs taken away from citizens and the eight violent rapes.
Not far away in Denver last week, an illegal alien, Javier Cruz-Caballero, purposely ran down police officer, Robert Bryant, while the officer operated a radar gun in a school walk zone. Witnesses saw the Mexican national rev up his engine while taking dead-aim at the officer. Bryant flew 30 feet through the air while suffering a broken leg and head lacerations. He could have easily been killed.
At a greater level, New York’s Mayor Bloomberg supports illegal alien crime by maintaining a ‘sanctuary policy’ in that city. Last year, four illegals raped and killed a New York jogger. That crime was one of thousands of crimes committed by illegal aliens who are protected from the law. But more horrific in impact of this loss of the rule-of-law, former Mayor Guiliana practiced Special Order 40. Several illegal aliens protected by the Order participated in 9/11. The death toll reached 2,800, but the impact on our nation reverberates today. Yet, Special Order 40 continues full force in protecting the estimated 10 million illegal aliens in our country.
However, thousands of them are killing, raping, robbing and driving illegally in our country. Over 400,000 deportees continue walking around free in our country. The ones that commit crimes and are caught make up a full 29% of our prison populations. They cost American taxpayers nearly $1 billion annually to feed, house and care for them in our prisons. And, yet, Special Order 40, continues as if it was a fig leaf for welcoming hardened alien criminals.
These examples of illegal immigrant crime depict a growing menace to our functioning society. While a sleepy American public watches idly and a Congress refuses to enforce our borders while mayors adopt the ‘sanctuary policy’, we citizens receive an average of 2,200 illegals every 24 hours, seven days a week, 365 days per year. Since the Amnesty policy was announced, the invasion intensifies with greater numbers.
Where does that leave you? If you’re in California, you’re planning on moving to Idaho or Montana because it’s already too late. With over 3.5 million illegals, the crime wave is beyond stopping. If you’re in Georgia, you’re probably stewing under your breath, but you don’t have a clue that it’s going to get worse. In Chicago, they either take jobs or rob banks or set up drug, prostitution and theft rings. If you’re in Florida, it is no longer an American city. Houston is just as bad. It grows worse in every city in America.
It’s called ‘THIRD WORLD MOMENTUM’. The key is to understand that in the Third World--corruption, crime, child prostitution, bashing in peoples’ heads, torture and worse is the norm. Why? Because the rule-of-law no longer applies. Today, in America, concerning illegal immigration, our public officials who were sworn to uphold the Constitution have abstained from their oaths of office. We’re forced NOT to talk about it via being politically correct, yet we are the victims of our own silence.
Because the American public still hasn’t figured this crisis out or keeps thinking it will go away on its own—IT IS GOING TO GET WORSE—and you or your loved ones will become victims given enough time. With Special Order 40 in your city, another 9/11 can’t be far off!
Source: Heather MacDonald
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REMEMBER THIS WHEN THINKING OF OBAMA’S ASSAULT ON LEGALS IN ARIZONA!
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Obama Administration Refuses to Sue Sanctuary Cities
Obama Administration Refuses to Sue Sanctuary Cities

Less than a week after suing Arizona to block its immigration law, SB 1070, critics are pressing the Obama administration to go after “sanctuary cities” that deliberately look the other way when it comes to illegal immigration. The Department of Justice last week responded that it will not sue these cities, which prohibit local law enforcement from inquiring about an individual’s legal status or alerting immigration authorities when they encounter illegal immigrants, because it believes passive refusal to follow the law is not as egregious as Arizona’s passage of a law that “actively interferes” with federal law. Justice Department spokeswoman for Attorney General Eric Holder inexplicably argued, “There is a big difference between a state or locality saying they are not going to use their resources to enforce a federal law, as so-called sanctuary cities have done, and a state passing its own immigration policy that actively interferes with federal law.” (The Washington Times, July 14, 2010).

Representative Lamar Smith (R-TX), who authored the 1996 federal law which requires states and localities to cooperate with federal authorities on immigration enforcement, criticized the Justice Department’s politically convenient stance on sanctuary cities. "For the Justice Department to suggest that they won't take action against those who passively violate the law …. is absurd," said Rep. Smith. "Will they ignore individuals who fail to pay taxes? Will they ignore banking laws that require disclosure of transactions over $10,000? Of course not." (The Washington Times, July 14, 2010).

Arizona Governor Jan Brewer has also noted the irony of the Obama administration’s refusal to sue localities to strike down their sanctuary policies, which she said could also be considered a “patchwork” of immigration laws across the country. (Brewer Statement, July 6, 2010). Senator David Vitter (R-LA) similarly noted, “This administration’s idea of immigration enforcement is to go after the states and local officials actually trying to enforce the laws on the books. They are demonizing those that look to protect our border and end illegal immigration while giving a wink and nod of approval to sanctuary cities that don't enforce our laws.” (Vitter Press Release, July 15, 2010).

Mex Gangs & Child Abuse... HISPANIC FAMILY VALUES YOU'RE PAYING FOR!

Mexicans are the most violent and racist culture in the hemisphere.
Daily there are 12 Americans murdered by illegals, and 8 children molested daily!
Then you have the hundreds, if not thousands pouring over our borders and into our jobs.

REALLY WANT TO HAND 38 MILLION ILLEGALS AMNESTY?
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“After the investigation was closed, Gonzales moved with Johnny to Apple Valley in San Bernardino County, settling into the home of her boyfriend and methamphetamine supplier Martin Morales, a gang member known by the moniker "Bullet," San Bernardino Sheriff's Det. Roxy Bessinger said in an interview. Also living in the home were Morales' wife, Chrystal Rodriguez, and the couple's nine children.”

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L.A. County dismissed allegations of abuse involving boy later tortured in San Bernardino County
The 5-year-old was rescued from a closet last year. A recent internal case review by L.A. County's Department of Children and Family Services concluded the agency's original finding of no abuse to be wrong.
By Garrett Therolf, Los Angeles Times
October 29, 2010


By the time the 5-year-old boy was rescued from a dark closet in San Bernardino County last year, much of his body had been burned by a glue gun and hot spoons. Johnny had been starved and sodomized, taunted and punched, forced to eat soap and crouch motionless in corners.

Child welfare officials across the county line, in Los Angeles, might have spared him this. More than a year earlier, they had dismissed allegations that he had been abused as unfounded and determined that the "child [was] not at risk."

A recent internal review by the L.A. County Department of Children and Family Services concluded the finding was wrong — the result of a shallow inquiry in which the agency misjudged what little information it collected, according to records reviewed by The Times.

The department's involvement in the case might never have come to light but for the decision by the supervising social worker on the case, RocĂ­o La Voie, to appeal her 10-day suspension for mishandling it. In public records, she asserted that her conduct did not violate department procedures and disputed a finding that she exhibited poor judgment.

The case is one of many in recent years in which children have come to harm even after the department had looked into allegations of abuse or neglect. More than 65 children have died of abuse or neglect since the beginning of 2008 after being referred to the department, according to county statistics. The rate of such deaths has increased over that period, and county officials have acknowledged that many involved case management errors.

Based on a review of county data, a researcher hired by the state found that, since 2007, children left by the department in their homes after an investigation increasingly have experienced abuse again within a year.

Department Director Trish Ploehn declined to comment and did not respond to a request for public records related to Johnny's case. Los Angeles County Chief Executive William T Fujioka did not return a call for comment, and county supervisors declined to do so. Zev Yaroslavsky, who said he was unaware of the case before The Times called him about it, said he was still trying to gather information.

La Voie, 40, was assigned to the case in November 2007, nearly two years before San Bernardino County sheriff's deputies rescued Johnny, when he and his mother, Desiree Gonzales, lived near MacArthur Park. A caller to a child abuse hotline reported that Gonzales beat and underfed him, and that the abuse was aggravated by her drug abuse.

Although they leave many questions unanswered, documents filed as part of La Voie's pending appeal provide an outline of events:

La Voie's team reviewed the case history showing that Gonzales, 32, had nearly a decade of run-ins with the department. Gonzales' first two children had been removed from her care for abuse or neglect, which was not specified in the documents, and she had abandoned her third in the throes of methamphetamine addiction. Johnny, described by a San Bernardino County detective as remarkably precocious, was her fourth child.

Child welfare officials scheduled five drug tests for Gonzales. She missed or refused every one. They scheduled meetings to discuss the matter. She missed those too.

Without interviewing key witnesses, including the person Gonzales identified as the anonymous caller to the child abuse hotline, the social workers closed their inquiry in January 2008. The caseworkers did not appropriately assess safety risks, the county's internal review later found. Had they done so, they would have had to place Johnny under intense oversight or remove him from his mother's care, it found.

After the investigation was closed, Gonzales moved with Johnny to Apple Valley in San Bernardino County, settling into the home of her boyfriend and methamphetamine supplier Martin Morales, a gang member known by the moniker "Bullet," San Bernardino Sheriff's Det. Roxy Bessinger said in an interview. Also living in the home were Morales' wife, Chrystal Rodriguez, and the couple's nine children.

Morales dispatched his own children to steal mail as part of an identity theft scheme, Bessinger said. He pledged to toughen Johnny, she said, and make him a man.

In reality, Johnny was "systematically dehumanized" when his mother, her boyfriend and their associates malnourished, tortured and imprisoned him for months, according to Los Angeles County's internal review.

According to Bessinger and the Los Angeles County documents, Johnny was forced to eat food scraps and lap water from a bowl like a dog; he was denied access to the bathroom; he was made to eat his own feces, urine and vomit and drink soda mixed with soap. Johnny's tormenters made him sit in a corner, unable to lie down or move for extended stretches, sometimes taunting him with a plate of food they forbade him to eat, Bessinger said. His tongue was torn and one of Morales' gang associates forced him to perform oral sex, leaving extensive sores in his mouth.

In August 2009, another anonymous call led to Johnny's discovery by San Bernardino County sheriff's deputies. Both his mother and her boyfriend were charged with torture and willful cruelty to a child, among other things. Five others, including the boyfriend's wife, Rodriguez, were also charged in the case.

Morales and Rodriguez eluded authorities for a year, however, and had a 10th child before their arrest this summer. All 10 of their children were placed in protective custody.

Gonzales, Morales, Rodriguez and one of their associates have pleaded not guilty.

Two of Morales' associates have been convicted as accessories in the case, and charges have been dismissed for one other.

Johnny has been placed by San Bernardino County social workers in a foster home and is in the final stages of adoption.

He is making good progress in mental health therapy three times a week, and recently was enrolled in a school program for academically gifted students, Bessinger said.

Besides La Voie, one Los Angeles County social worker involved in the case received a five-day suspension and the other received a three-day suspension, according to a source familiar with the matter.
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AMERICA vs MEXICO: CLASHING CULTURES
By Frosty Wooldridge
Anyone understand why Mexicans fail at a successful culture? Ever wonder why millions of them invade the United States in search of a better life? Have you noticed that once they arrive, they create the same kind of ‘society’ in the United States ? Unconsciously, they create the same conditions they left behind. You can take the boy out of the ghetto, but you can't take the ghetto out of the boy. For example, in Denver in December, illegal alien Navi dragged his girlfriend to death behind his car. Illegal alien Cruz shot his girlfriend dead in the back because she wouldn’t reconcile with him. Illegal alien Ruizz ran over and killed Justin Goodman, but Ruizz drove away from the scene leaving Goodman to die. In Greeley , Colorado they suffered 270 hit and run accidents in one year. Over 80 percent of hit and run wrecks in Denver involve illegal aliens. Denver boasts the drug smuggling capital of the West as well as the people smuggling mecca of the country. Illegals cheat, distribute drugs, lie, forge documents, steal and kill as if it’s a normal way of life. For them, it is. Mexico ’s civilization stands diametrically opposed to America ’s culture. Both countries manifest different ways of thinking and operating. With George Bush’s push to create the “Security and Prosperity Partnership of North America” by dissolving our borders with Mexico , he places all Americans at risk. Would you become friends with neighbors who throw their trash on city streets and parks, create ghettoes wherever they enclave their numbers, promote corruption, deal in violence, encourage drug use, manifest poverty, endorse sexism and downgrade education? America ’s culture and Mexico ’s culture remain diametrically opposed to one another. America ’s fought Mexico and won. Today, Mexico invades America with sheer numbers of poor. However, cultures rarely change and neither do their people. As you can see from the ten points below, everything about Mexico degrades everything about America . For further information, you may visit www.immigrationshumancost.org and www.limitstogrowth.org where you will find a plethora of information by a brilliant journalist Brenda Walker. Her original report may be viewed on www.Vdare.com on January 17, 2007 under the title: “Ten Reasons Why America Should Not Marry Mexico .” I suggest you read more of her work. She exemplifies incisive, sobering and shocking information. These ten point stem directly from Brenda Walker’s work. Let’s examine why America must not entangle itself by merging with Mexico . The legal age of sexual consent in Mexico is 12 years old. Sex with children at this age and younger is socially acceptable in Mexico . For example: A Mexican Lopez-Mendez pleaded guilty to sexual assault on a 10 year old girl in West Virginia . His excuse: sex with young girls was common with his people. He said, “I was unaware that it was a crime.” Mexicans remain the most sexist males next to Islamic men. Both boast the most misogynous cultures in the world. Rape and other violence toward women are not treated as serious crimes. In Mexico , a custom known as “rapto” whereby men kidnap women for sex is regarded as harmless amusement. Mexican society regards women little more than objects. Crime and violence remain mainstays of Mexican culture. Drug cartels and the Mexican army coordinate their massive efforts to promote drug distribution not only in Mexico but into the USA . Mexico City suffers the second highest crime rate in Latin America . Kidnapping remains second only to Columbia for ransom money. Beheadings, killings and gun fire erupt at drug distribution points on the US/Mexican border. Spontaneous hanging continues in Mexico . A mob beat up and burned to death two policemen on live television in 2004 in Mexico City . As Brenda Walker wrote, “Mexicans do not have the same belief as Americans that the law is central to the equitable functioning of a complex nation. It’s the Third World .” Mexicans abhor education. In their country, illiteracy dominates. As they arrive in our country, only 9.6 percent of fourth generation Mexicans earn a high school diploma. Mexico does not promote educational values. This makes them the least educated of any Americans or immigrants. The rate of illiteracy in Mexico stands at 63 percent. Drunk driving remains acceptable in Mexico . As it stands, 44,000 Americans die on our nation’s highways annually. Half that number stems from drunken drivers. U.S. Congressman Steve King reports that 13 American suffer death from drunken driving Mexicans each day. Alcoholism runs rampant in Mexican culture. They suffer the most DUI arrests. Mexicans set the benchmark for animal cruelty. Mexicans love dog fighting, bullfighting, cock fighting and horse tripping. Those blood sports play in every arena and backyard in Mexico . They expand into America as more Mexicans arrive. They also engage in “steer-tailing” where the rider yanks the animal’s tail in an attempt to flip it to the ground. In horse tripping, they run the animals at full gallop around a ring, then, use ropes to trip them at full speed. It’s a death sentence as the horses break their legs, teeth, shoulders and necks—all to the delight of the cheering Mexican fans. As La Raza confirms, Mexicans maintain the most racist society in North America . “For the Hispanic race, everything; for anyone outside the race, nothing!” Guadalupe Loaeza, a journalist, said, “Mexican society is fundamentally racist and classist. The color of your skin is a key that either opens or shuts doors. The lighter your skin, the more doors open to you.” Corruption becomes a mechanism by which Mexico operates. Corruption remains systemic. The Washington Post wrote, “ Mexico is considered one of the most corrupt countries in the hemisphere.” They feature drug cartels, sex slave trade, people smuggling, car theft cartels, real estate scam cartels, murder for money and, you must bribe your mail man to get your mail. Last, but not least, Mexicans are Marxists. They promote a one party government. As with any kind of Marxism, brutal totalitarian rule keeps the rich in power and everyone else subservient. As we allow millions of Mexicans to colonize our country, we can’t help but be caught up in these ten deadly cultural traits of Mexicans. With over 12 million Mexicans here today, the predictions grow to as many as 20 even 40 million Mexicans in a few decades as they come here for a better life. The fact remains, as they come to America for a better life, they make our lives a living hell.

OBAMAS AMERICAN - Bankster Looting and Illegals to Keep Wages Depressed

NO ONE HAS SERVICED BANKSTERS AT THE EXPENSE OF BANKSTER VICTIMS THAN BARACK OBAMA!
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US government undervaluing losses on AIG bailout
By Andre Damon
29 October 2010
The White House has sought to undervalue government losses from the 2008 bailout of failed Wall Street insurer AIG, according to a report issued Tuesday by Neil Barofsky, the inspector general of the Troubled Asset Relief Program.
Last month, the US Treasury Department cut its official estimates of its loss in the AIG bailout from $45 billion to $5 billion. The Treasury achieved this figure by changing the model used to evaluate the losses.
“This conduct has left Treasury vulnerable to charges that it has manipulated its methodology for calculating losses…as part of a multifaceted publicity campaign touting the positive aspects of TARP and emphasizing the reduction in anticipated losses,” Barofsky wrote.
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GOLDMAN SACHS BOUGHT OBAMA BEFORE HE LIED HIS WAY INTO THE WHITE HOUSE
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
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WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
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“Obama's rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile players, including JPMorgan Chase & Co., while sparing investment banks like Goldman Sachs Group Inc.”
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(ARTICLE CONTINUES)
The bailout of AIG, which insured many of the toxic assets used for speculation by Wall Street banks and hedge funds, was only part of the vastly unpopular bailout of the banks under Bush and Obama. Much of the money handed to AIG found its way onto the balance sheets of Goldman Sachs and other institutions that had purchased insurance.
The US Treasury plans to transform its TARP investment in AIG by converting $49 billion worth of preferred shares into 1.7 billion shares of common stock. As a result of this swap, the government’s ownership share in the company will jump from 79 percent to about 92 percent.
Barofsky said that the government’s calculation of the value of its holdings do not present a valid picture of the Treasury’s position, because so little of AIG’s common stock is publicly traded. As a result, the US government will likely be unable to sell its stock in the company without dramatically reducing the price.
Barofsky’s report makes a scathing assessment of the bank bailout two years after its inception, saying that it has “fallen woefully short” of its stated intention of providing economic relief to the population.
The report compares the economic hardship facing the American people to the bonanza bestowed on the biggest Wall Street banks, saying, “There is no question that the dramatic steps taken by Treasury and other Federal agencies through TARP and related programs were a success for Wall Street. Those actions have helped garner a swift and striking turnaround, accompanied by a return to profitability and seemingly ever-increasing executive bonuses.”
The opening section of the report goes through each of the stated intentions of the bank bailout and shows how each of them have been completely swept aside in the interests of preserving the profitability of the banks.
While the bank bailout was sold to the American public as a means to get banks to increase lending to consumers and small businesses, the report notes that the bank bailout has failed “to ‘increase lending,’ with small businesses in particular unable to secure badly needed credit. Indeed, even now, overall lending continues to contract, despite the hundreds of billions of TARP dollars provided to banks with the express purpose to increase lending.”
The further report presents a scathing denunciation of the Obama administration’s mortgage modification program, saying that “the most specific of TARP’s Main Street goals, ‘preserving homeownership,’ has so far fallen woefully short, with TARP’s portion of the Administration’s mortgage modification program yielding only approximately 207,000...ongoing permanent modifications since TARP’s inception, a number that stands in stark contrast to the 5.5 million homes receiving foreclosure filings and more than 1.7 million homes that have been lost to foreclosure since January 2009.”
While the Obama Administration initially estimated that 3 million people would receive assistance under the Home Affordable Modification Program (HAMP), only 495,898 people have thus far received permanent home mortgage modifications. This is less than one-twentieth the number of homes that real estate tracker realtytrac.com expects to be foreclosed by 2012.
Far from reversing the distress in the housing market, some types of foreclosure are now more prevalent than ever. The report notes that at the present rate, the number of bank repossessions will be 19 percent higher in 2010 than last year.
“Treasury’s claim that ‘every single person’ who participates in Hamp gets ‘a significant benefit’ is either hopelessly out of touch with the real harm that has been inflicted on many families or a cynical attempt to define failure as success,” the report concludes.
Barofsky’s findings underscore the basic fact that the bank bailout, marketed by the Obama administration as a measure to alleviate popular economic hardship from the economic downturn, has served only to funnel hundreds of billions of dollars into the balance sheets of the banks.
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ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?
GET THIS BOOK!
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.
From the Inside Flap
The era of hope and change is dead....and it only took six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power
* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.


Product Details
• Hardcover: 376 pages
• Publisher: Regnery Publishing (July 27, 2009)
• Language: English
• ISBN-10: 1596981091
• ISBN-13: 978-1596981096
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BY TIMOTHY P CARNEY


Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
*
• Hardcover: 256 pages
• Publisher: Regnery Press (November 30, 2009)
• Language: English
• ISBN-10: 1596986123
• ISBN-13: 978-1596986121
*
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WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
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“Obama's rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile players, including JPMorgan Chase & Co., while sparing investment banks like Goldman Sachs Group Inc.”
*
Lou Dobbs Tonight
Thursday, July 9, 2009
And Harvard economics professor JEFFREY MIRON will weigh in on the state of the U.S. economy—and why the only plausible argument for bailing out banks crumbles on close examination.
*
"There is a populist and conservative revolt against Wall Street and financial elites, Congress and government," Democratic pollster Stanley Greenberg warned in an analysis this week. "Democrats and President Obama are seen as more interested in bailing out Wall Street than helping Main Street."

OBAMA'S ASSAULT ON AMERICA FOR HIS BANKSTER DONORS & ILLEGALS FOR CHEAP LABOR

“Of those polled, 65 percent blamed mortgage lenders for the crisis, and a majority supported an immediate moratorium on home foreclosures. Yet the Obama administration has flatly rejected calls for such a moratorium, despite the widespread reports of banks using fraudulent documents to evict working people from their homes.”
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OBAMA AND THE ON GOING PILLAGE OF AMERICA!
HIS BANKSTER DONORS, LA RAZA ILLEGALS, AND WE GET THE BILLS FOR THE LOOTING FOR ALL OF THEM!
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The 2010 elections, the working class and the Democratic Party
29 October 2010
With only a few days remaining in the 2010 election campaign, one thing is certain: the Obama administration and the Democratic Party are preparing a further lurch to the right.
Four years after a massive turnout at the polls to repudiate the Republican-controlled Congress and give the Democrats the majority, and two years after the election of Barack Obama to the White House by a margin of 7 million votes, the administration’s right-wing policies have shattered the popular illusions raised by Obama’s vague appeals to “hope” and “change.”
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Millions are coming to see the Democrats as a second party of big business, committed to the defense of corporate interests both at home and abroad.
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Millions are coming to see the Democrats as a second party of big business, committed to the defense of corporate interests both at home and abroad. But within the framework of the American two-party system they are given no way of expressing their frustration and anger except by staying home on election day or casting a vote for the even more right-wing party of big business, the Republicans.
Given the orchestrated and manipulated character of the election, with more than $4 billion expended, largely by the wealthy and corporate interests, and a corporate-controlled media that suppresses any consideration of political alternatives to the two official parties, the outcome of the November 2 vote must necessarily have a contradictory character.
Under the impact of the greatest economic crisis since the Great Depression, the American population is moving broadly to the left, as suggested in poll after poll. But the official interpretation of the vote, reiterated in a thousand commentaries by media pundits and echoed by politicians of both parties, is just the opposite: the American voter will deliver a rebuke to the supposed liberal excesses of the Democratic Party, demanding fiscal austerity, more tax breaks On Thursday, the Washington Post reported a new poll that found some 53 percent of the American people are seriously worried about being able to make their next mortgage or rent payment, up from 37 percent at the time of the September 2008 Wall Street crash. That figure rises to 75 percent among African-Americans.
Of those polled, 65 percent blamed mortgage lenders for the crisis, and a majority supported an immediate moratorium on home foreclosures. Yet the Obama administration has flatly rejected calls for such a moratorium, despite the widespread reports of banks using fraudulent documents to evict working people from their homes.
This continues its right-wing stance from the moment Obama entered the White House: everything possible must be done to bail out the banks and financial institutions, while there is complete indifference to the fate of millions of working people who are losing their jobs and their homes.
A New York Times poll released the same day declared that key sections of the population were turning away from Obama and the Democrats, citing a loss of support among women, lower-income groups and independent voters. But the poll results did not show any enthusiasm for the Republican Party, which was rated even lower than the Democrats. More blamed the economic slump on George W. Bush than on Obama. Nor was there support for the extreme-right policies of the Republican candidates linked to the Tea Party movement. Large majorities opposed any cuts in Social Security, such as raising the retirement age or reducing benefits.
The first two years of the Obama administration have dealt a major blow to the pretense of the Democratic Party as a party of the “people” or the “middle class.” It is increasingly clear that it speaks for major sections of the financial elite and the most privileged and comfortable sections of the middle class—including the trade union bureaucracy, the civil rights establishment and wealthiest layers of African-Americans and other minorities, and the petty-bourgeois left-liberal and ex-radical milieu that long ago rejected the class struggle in favor of identity politics.
The two big business parties have already begun preparing for the post-election period. Senate Republican leader Mitch McConnell, in an interview with the National Journal magazine, said the Republicans would not repeat their mistake after 1994, attempting to override administration policies even if that meant shutting down the government. Instead, he said, they would seek to “finish the job,” adding, “the single most important thing we want to achieve is for President Obama to be a one-term president.”
White House officials gave a groveling response that foreshadows the predictable response of the Democrats to an electoral defeat—a further shift to the right. Press Secretary Robert Gibbs pleaded for cooperation from the Republicans, saying, “[I]n the weeks, in the months after this campaign, the message that voters are going to send and the message that we as elected officials should take is that of working together.”
“I can assure you that when the political and election season has passed and we get… back into the governing of this country, that this is a president that will reach out to, as he did, and try as best as he can to work with the Republican Party,” Gibbs said. McConnell responded arrogantly, saying that if Obama were to do “a Clintonian back flip, if he’s willing to meet us halfway on some of the biggest issues, it’s not inappropriate for us to do business with him.”
Obama will not have to perform any such anatomical contortions to join forces with the congressional Republicans, since he is largely operating with the same playbook, despite the posturing of the election season. The White House has continued the foreign policy of the Bush administration with little variation, even of personnel—Secretary of Defense Robert Gates and General David Petraeus play central roles.
On domestic policy, back-channel discussions have already begun over a post-election consensus on extending the Bush tax cuts for the wealthy. Obama has campaigned during the election on ending the tax cuts for those making over $200,000 a year, but Vice President Biden suggested last week that the figure could be substantially raised, a position endorsed by numerous Democratic candidates in closely contested House and Senate races.
According to a report in the Wall Street Journal Thursday, liberal Democratic Senator Russell Feingold is working with ultra-right Republican Tom Coburn “on new legislation to trim billions in federal subsidies and other spending programs,” and there were potential agreements on trade policy and renewing the No Child Left Behind Law, which has devastated public education. The Financial Times reported that Obama told business lobbyists he is open to a cut in the corporate tax rate from 35 percent to 24 percent provided it is offset by closing “loopholes,” noting that the “reform” is similar to one brokered by Republican President Ronald Reagan in 1986.
The 2010 election starkly poses before working people the need for a new political perspective. The corporate-controlled two-party system is a blind alley. The only way to fight the mounting attacks on jobs, living standards and social programs, and to oppose a foreign policy based on militarism and war, is to break with the Democrats and Republicans and build an independent political movement of the working class, based on a socialist and internationalist program.
Patrick Martin
WSWS.ORG… GET ON THEIR FREE NO ADS E-NEWS!
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ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?
GET THIS BOOK!
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.
From the Inside Flap
The era of hope and change is dead....and it only took six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power
* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.


Product Details
• Hardcover: 376 pages
• Publisher: Regnery Publishing (July 27, 2009)
• Language: English
• ISBN-10: 1596981091
• ISBN-13: 978-1596981096
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Michelle Malkin
No Shady Banking Buddy Left Behind

First Lady Michelle Obama's latest overseas jaunt is getting all the headlines. But President Obama's money-grubbing junket to Chicago may cost taxpayers far more in the long run. With his Gaultier-clad wife sashaying around the Spanish seaside, the lonely fundraiser-in-chief returned to Illinois to take care of some birthday-week business. Job One: Filling the Senate campaign coffers of his corruption-tainted political protege Alexi Giannoulias.
Mission accomplished. Obama's Thursday afternoon campaign event for Giannoulias, the beleaguered state treasurer of Illinois, reportedly raked in $1 million. Lagging behind his GOP opponent, liberal Republican Rep. Mark Kirk, Giannoulias has coveted one-on-one, grip-and-grin time with Obama for months. In addition to the cash, photo-ops and video of the Obama fundraising event that Giannoulias will milk from now until Election Day, the White House has dispatched Vice President Joe Biden, White House senior adviser David Axelrod and White House campaign management guru David Plouffe to boost Giannoulias' bid. Plouffe proclaimed Democrats "all in" for Giannoulias, whom he described as "a great progressive champion."
Obama gave his own personal seal of ethical approval, telling deep-pocketed donors this week: "I appreciate his strong sense of advocacy for ordinary Americans. You can trust him -- you can count on him." Uh-huh. And I've got a bridge to Hope and Change to sell you.
What would Giannoulias know about "ordinary Americans"? Giannoulias, 34, befriended Obama during pickup basketball games with an elite group that also included Michelle Obama's brother, Craig; Chicago edu-crat Arne Duncan (now Education Secretary); and hedge fund manager John Rogers (the ex-husband of the Obamas' ex-White House social secretary, Desiree Rogers). He spread his wealth and influence around early and often to support Obama's fledgling political career. He pitched in $7,000 in 2003-2004 to Obama's Illinois State Senate bids. He hosted fundraisers for Obama's U.S. Senate campaign in 2004 and for his presidential campaign in 2007.
Where'd the cash come from? Giannoulias' Greek immigrant family founded Chicago-based Broadway Bank, a now-defunct financial institution that loaned tens of millions of dollars to convicted mafia felons and faced bankruptcy after decades of engaging in risky, high-flying behavior. It's the place where Obama parked his 2004 U.S. Senate campaign funds. And it's the same place where a mutual friend of Obama and Giannoulias -- convicted Obama fundraiser/slum lord Tony Rezko -- used to bounce nearly $500,000 in bad checks written to Las Vegas casinos. This week, the Chicago Sun-Times revealed an additional $22.75 million Broadway Bank loan to a Rezko-owned business in 2006. Giannoulias held an ownership stake in the bank at the time.
Giannoulias served as Broadway Bank vice president and senior loan officer for four years. According to the Chicago Tribune, during Giannoulias' tenure, some $27 million of Broadway Bank's funny money went to mob crooks Michael "Jaws" Giorango and Demitri Stavropoulos. Giorango is a hustler who fronted a nationwide prostitution ring and was sentenced to six months in prison; Stavropoulos is behind bars for operating a multistate bookmaking ring. Giorango ran the $400-an-hour call girl operation out of high-rise luxury apartments in Chicago with the infamous "Gold Coast Madam," Rose Laws. Giorango and Stavropoulos used their Broadway Bank loans to start their own risky lending business for nontraditional borrowers unable to secure traditional bank financing.
Despite Giorango's criminal record exposed by the Tribune in 2004, Broadway Bank approved massive mortgages for him. Giannoulias' brother, Demetris, explained that as a "relationship bank," Broadway wouldn't just throw someone under the bus because of a "bad article." Instead, the bank went ahead and rubber-stamped a September 2005 loan for $3.4 million to buy a 32-unit Los Angeles apartment complex. The application falsely stated that the borrower, Giorango, had "not been convicted of a felony." Giannoulias oversaw the servicing of such shady loans totaling $11 million. Remember: He was no low-level staffer. He was, as he reminded supporters when he needed to deflect attention away from his youth, top management at Broadway Bank.
In January 2010, the bank entered a consent decree with federal and Illinois state regulators. It required Broadway Bank "to raise tens of millions in capital, stop paying dividends to the family without regulatory approval, and hire an outside party to evaluate the bank's senior management." The city's former inspector general blasted Giannoulias and his family for tapping $70 million worth of dividends in 2007 and 2008 as the real estate crash loomed. Broadway Bank was sitting on an estimated $250 million in bad loans. In late April, federal regulators shut it down. Cost to taxpayers: an estimated $390 million. Giannoulias refused to drop out of the race -- and instead used the company failure to argue that it made him (SET ITAL) more (END ITAL) qualified to serve in office: "I have a renewed vigor and a new perspective on just how horrible it is out there for so many people."
President Obama agrees: Abysmal failure should be rewarded with promotion. He's leaving no shady banking buddy behind.
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Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses

BY TIMOTHY P CARNEY


Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
*

Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
*
Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
*
• Hardcover: 256 pages
• Publisher: Regnery Press (November 30, 2009)
• Language: English
• ISBN-10: 1596986123
• ISBN-13: 978-1596986121
*
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WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
*
“Obama's rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile players, including JPMorgan Chase & Co., while sparing investment banks like Goldman Sachs Group Inc.”
*
Lou Dobbs Tonight
Thursday, July 9, 2009
And Harvard economics professor JEFFREY MIRON will weigh in on the state of the U.S. economy—and why the only plausible argument for bailing out banks crumbles on close examination.
*
"There is a populist and conservative revolt against Wall Street and financial elites, Congress and government," Democratic pollster Stanley Greenberg warned in an analysis this week. "Democrats and President Obama are seen as more interested in bailing out Wall Street than helping Main Street."