IS THERE ONE WALL ST. CORPORATE CRIMINAL THAT OBAMA NOT BROUGHT INTO HIS LA RAZA INFESTED ADMINISTRATION?
OBAMA HAS FROM HIS FIRST DAYS, SERVICED FIRST HIS CORPORATE DONORS, AND THEN THE LA RAZA PARTY OF ILLEGALS!
HE WILL NEED THE CORPORATE LOOT TO RUN AGAIN, AND THE VOTES OF ILLEGALS TO WIN!
HE HAD BOTH THE FIRST TIME AROUND.
THE QUESTION FOR THE REST OF US IS NOT WHETHER OBAMA’S “CHANGE” REALLY MEANT … I PUNKED YOU GOOD! BUT DOES OBAMA REPRESENT ANYTHING BEYOND WHAT HIS NEW CHIEF OF STAFF DOES; OPEN BORDERS FOR DEPRESSED WAGES AND THEREFORE HIGHER CORPORATE PROFITS AND A MOST GENEROUS FORTUNE 500???
MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO THE MEXICAN FASCIST PARTY of LA RAZA.
DALEY IS AN ADVOCATE OF OPEN BORDERS FOR EVER DEPRESSED WAGES.
OBAMA IS AN ADVOCATE FOR OPEN BORDERS, AMNESTY, OR AT LEAST CONTINUED NON-ENFORCEMENT COUPLED WITH PERPETUAL ASSAULTS ON THE AMERICAN WORKER…. AND ALSO IS A GENEROUS DONOR TO LA RAZA… WITH OUR TAX DOLLARS!
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Obama’s Green Economy Bag Men: Chief of Staff Bill Daley and GE CEO Jeff Immelt
Email Tom Borelli
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The recent White House personnel shifts signal the kickoff of President Obama’s 2012 re-election bid. Of the many changes, the selection of Bill Daley as White House chief of staff and General Electric CEO Jeff Immelt as the head of the President's Council on Jobs and Competitiveness are the most important because they will play a key fundraising role in the upcoming presidential campaign.
Choosing Daley and Immelt are not signs of political moderation by President Obama, as some have suggested, but is the stone cold political realization that the president needs big-business cash to fuel his 2012 campaign.
It’s been reported that Obama’s 2012 re-election bid will shatter the record $750 million in contributions collected during the 2008 campaign by reaching the billion dollar mark.
To raise that staggering amount of cash, Obama is going to need substantial support from corporate deep pockets. Big-business donors, such as CEOs, hedge fund managers and law firm partners typically are not ideologues seeking to advance a political philosophy but are pragmatists wanting to know how Obama’s policies can increase their influence, business strategies and wealth.
Translating Obama’s policy into business returns and campaign dollars will be job one for Daley. As a political and Wall Street insider, Daley has the contacts to make the sale but Obama’s rhetoric and policies has not endeared the president to the animal instincts of many big-business leaders.
There is, however, one policy that can galvanize the president’s fundraising base: Obama’s war on fossil fuels and his unyielding promotion of renewable energy and a green economy.
Billions of dollars invested in renewable energy are now in jeopardy because Congress did not pass Obama’s cap-and-trade plan, which would make energy derived from the burning of fossil fuels more expensive – or, as the president said, “skyrocket.” Because renewable energy can’t compete with the price and reliability of fossil fuels, the financial viability of these investments is dependent on government action to raise the cost of carbon-based energy.
At a recent policy forum at the Brookings Institution, GE CEO Jeff Immelt emphasized the importance of a government policy that would raise energy prices to spur renewable energy. According to Reuters, “On energy, Immelt said a clear U.S. policy making fossil fuels that emit greenhouse gasses more expensive is needed ‘to move the needle’ on accelerating advanced technology investments. ‘There has to be a price on carbon,’ he said.”
Daley and Immelt are the perfect team to appeal to other corporations that gambled on climate change fears and merge these interests with progressive activists, and the social and media elites to unleash the political donating frenzy for Obama’s re-election.
Before joining team Obama, Daley was the head of JPMorgan Chase's corporate social responsibility department, which developed a climate change policy that is hostile to carbon-based energy - coal, oil and natural gas. JPMorgan’s policy is “to advocate that the US government adopt a market-based national policy on greenhouse gas emissions, which includes all sources of emissions and is fair. Options include either a cap-and-trade or tax policy to reduce greenhouse gas emissions at the lowest possible cost.”
JPMorgan, like many other financial institutions, is banking on making money by trading carbon credits and by investing in renewable energy projects. GE and JPMorgan are not the only companies that have a business interest in seeking higher energy prices. Exelon, the Chicago-based utility, has taken a lead role in attacking coal-based electricity generation.
Exelon is a member of the United States Climate Action Partnership (USCAP), a cap-and-trade lobbying organization, and the company was a recipient of a $200 million grant from Obama's economic stimulus plan.
Daley also has ties to Exelon – he advised the company on its failed effort to buy Public Service Enterprise Group Inc. in 2004.
The failure of California Proposition 23 last November shows the fundraising potential behind the war on fossil fuels. A collection of left-wing philanthropists, activist groups and business interests contributed over $30 million to defeat the measure, which would have delayed implementation of a state law mandating a reduction in greenhouse gas emissions until unemployment rates drop to a specific level.
Green technology venture capitalists John Doerr and Vinod Khosla gave $2,100,000 and $1,037,267, respectively, and PG&E, a California utility and USCAP member, kicked in another $500,000.
Doerr’s involvement deserves special attention. Along with Immelt, Doerr is a member of President Obama’s Economic Recovery Advisory Board. He also is Al Gore’s business partner.
The campaign to defeat Prop 23 reveals the money behind the war on fossil fuels. With billions of dollars invested in a green economy, we can expect huge sums of special interest money to back Obama.
As the 2012 presidential election draws closer, we can expect to see Daley and Immelt playing a major role in selling Obama’s green economy to those dependent on legislative fixes to their business plans.
Let’s hope the fossil fuel industry recognizes Obama’s new team is not going to be a moderating voice in the White House. Rather, Daley and Immelt will be green economy bag men collecting cash to put them out of business.
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Labor Secretary Pledges Help For Illegal Workers
Last Updated: Tue, 06/22/2010 - 11:00am
Two months after the Department of Labor launched a special program to assist and protect illegal immigrants in the U.S. the Obama cabinet official who heads the agency is personally encouraging undocumented workers to report employers that don’t pay them fairly.
In a Spanish-language public service announcement, Labor Secretary Hilda Solis assures that “every worker in America has a right to be paid fairly, whether documented or not.” Illegal aliens who are not getting fair wages are encouraged to call a new hotline set up by the agency on a new “Podemos Ayudar” (We Can Help) web page designed to administer worker protection laws and ensure that employees are properly paid “regardless of immigration status.”
In the short video, also posted in English, Solis tells illegal immigrants that it’s a “serious problem” when workers in this country are not paid fairly and that all workers have the right to receive their salary regardless of immigration status. She encourages those who are not to call the new hotline and assures it’s free and confidential. “Podemos ayudar,” (we can help), Solis guarantees at the end of the brief segment.
The Labor Secretary’s new message is part of a campaign launched a few months ago to help illegal immigrant workers in the U.S., who she refers to as “vulnerable” and “underpaid.” At least 1,000 new field investigators have been deployed to reach out to Latino laborers in areas with large numbers of illegal alien employees and the agency will focus on enforcing labor and wage laws in industries that typically hire lots of illegal aliens without reporting anyone to federal immigration authorities.
For a government agency to protect law breakers in this fashion may seem unbelievable but not if you consider the source. A Former California congresswoman, Solis has close ties to the influential La Raza movement that advocates open borders and rights for illegal immigrants. She made the protection of undocumented workers a major priority upon being named Labor Secretary, assuring illegal aliens that “if you work in this country, you are protected by our laws.”
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CHRISTIAN SCIENCE MONITOR
Why the new jobs go to immigrants
By David R. Francis
Wall Street cheered and stock prices rose when the US Labor Department announced last Friday that employers had expanded their payrolls by 262,000 positions in February.
But it wasn't entirely good news. The statisticians also indicated that the share of the adult population holding jobs had slipped slightly from January to 62.3 percent. That's now two full percentage points below the level in the brief recession that began in March 2001.
Why the apparent contradiction? Reasons abound: population growth, rising retirements. But one factor that gets little attention is immigration.
In the past four years, the number of immigrants into the US, legal and illegal, has closely matched the number of new jobs. That suggests newcomers have, in effect, snapped up all of the new jobs.
"There has been no net job gain for natives," says Andrew Sum, an economist at Northeastern University.
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