HIS CRIMINAL BANKSTER DONORS' PROFITS
HAVE SOARED! SO HAVE FORECLOSURES!
BANK PROFITS WERE GREATER DURING
OBAMA'S FIRST TWO YEARS THAN ALL EIGHT UNDER BUSH!!!
AND THEN THE ILLEGALS GET OUR JOBS.
THEY KEEP WAGES DEPRESSED TO THIRD-WORLD LEVELS, AND THE GRINGOS GET THE TAX
BILLS FOR THEIR ANCHOR BABY BREEDING, WELFARE, AND CRIME TIDAL WAVE!
*
“The inspections have
determined that hundreds of companies throughout the U.S. have significant numbers of illegal immigrants
on their payroll yet none have been punished, according to a Houston newspaper
that obtained internal ICE records through the Freedom of Information Act. At
least 430 audit cases listed as “closed” by the agency had high percentages of
workers with “questionable” documents yet they faced no consequences.”
*
THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS
TO CUT WAGES!
“We could cut unemployment in half simply by reclaiming the jobs
taken by illegal workers,” said Representative Lamar Smith of
Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on
the wrong side of the American people on immigration. The president should
support policies that help citizens and legal immigrants find the jobs they
need and deserve rather than fail to enforce immigration laws.”
*
“The principal beneficiaries of our current
immigration policy are affluent Americans who hire immigrants at substandard
wages for low-end work. Harvard economist George Borjas estimates that American
workers lose $190 billion annually in depressed wages caused by the constant
flooding of the labor market at the low-wage end.” Christian Science Monitor
*
Meanwhile, reports emerge virtually
every day that document the socially reactionary impact of the policies of the
Obama White House and their continuity with the pro-corporate policies of the
administration’s Republican predecessor.
The
Obama recovery: Rhetoric and reality
12
April 2012
Arguably the most noteworthy feature of
President Obama’s reelection campaign is its sheer cynicism. Having devoted his
entire tenure to protecting and expanding the wealth of the financial elite at
the expense of the working population, Obama is now presenting himself as the
partisan of the common man and opponent of greed and privilege.
The centerpiece of
this charade is the so-called “Buffet rule,” according to which those with
incomes over $1 million would pay a minimum tax of 30 percent. Speaking at
Florida Atlantic University Tuesday, Obama noted that the top 1 percent in
America are paying taxes at the lowest rate in 50 years. He declared that these
families should “pay the same percentage of [their] income as middle-class
families do.”
Obama feels he is at
liberty to make this extremely mild proposal because he knows it will never be
implemented. Congressional
Republicans would unanimously oppose it, as would a considerable section of
Democrats, and he would not fight for it. Even if implemented, it would do
nothing to restore a progressive element to the US tax structure, since it rejects
the principle that the rich should pay more on their income than
everybody else.
Meanwhile,
reports emerge virtually every day that document the socially reactionary
impact of the policies of the Obama White House and their continuity with the
pro-corporate policies of the administration’s Republican predecessor.
On Monday, the New
York Times reported that, in the midst of the gravest jobs crisis since the
Great Depression, job training programs are being starved of funds due to
spending cuts. Federal outlays for job training have been slashed by $1 billion
since the 2010 fiscal year. Total spending on job training for unemployed
workers is barely half the level of ten years ago, even though unemployment has
more than doubled.
The article noted
that in the Seattle region, job training centers had sufficient funding to
train fewer than 5 percent of those who applied last year. In Dallas, officials
said they had enough funds to assist only 43 people.
On the other side of the social
equation, the Wall Street Journal reported the same day that the biggest
US corporations, those listed in the Standard & Poor’s 500 stock index,
have utilized the economic crisis and mass unemployment to emerge more
profitable and competitive than ever, and to amass a cash hoard $1.2 trillion
larger than in 2007.
As a result of
downsizing, cost-cutting and the introduction of labor-saving technology, the Journal
reports, these companies in 2011 generated an average of $420,000 in
revenue for every employee on their payrolls, an increase of more than 11
percent from the figure of $378,000 for 2007. Over the same period, their net
income rose 22.7 percent.
Small businesses, on the other hand,
are being starved of credit by the banks and driven to the wall, increasing the
domination of economic life by giant monopolies.
These indices show that the
corporate-financial elite is using the crisis that erupted in 2007-2008 to
carry out a historic reorganization of social relations. The centerpiece is the
destruction of what remains of a social safety net and all of the past gains of
the working class, and a sharp intensification of its exploitation. This
process is not simply the result of impersonal and abstract economic forces. It
is the outcome of definite class policies pursued by the Obama administration
and the political establishment as a whole in the interests of the financial
aristocracy.
What are the major features of the administration’s social
and economic policies?
* An extension of the multi-trillion-dollar bailout of the
banks.
* The introduction of wage-cutting in the 2009 auto bailout,
which imposed an across-the-board 50 percent wage cut on newly hired workers at
General Motors and Chrysler.
* A rejection of any government programs to create jobs or
provide serious relief for the unemployed and victims of home foreclosures.
* No reform of the banking system and a refusal to prosecute
the Wall Street criminals whose actions precipitated the financial crash.
* Further deregulation of corporations and new tax windfalls
for big business disguised as “job-creation” measures.
This is the reality
of the Obama “recovery,” which is essentially a recovery of corporate profits
and a further enrichment of the financial oligarchy at one end, and a growth of
poverty and exploitation at the other. As recently reported, a staggering 93
percent of new income went to the top 1 percent of earners in 2010.
This process will be
intensified after the November elections, regardless of which of the two
corporate-controlled parties claims the White House. Even as he postures as a
populist, Obama is pledged to slash hundreds of billions of dollars in federal
social programs, including food stamps, Medicare and Social Security, while
cutting corporate taxes.
The working class
must prepare its own alternative to the twin parties of big business, one that
defends its social interests and rejects the entire framework of the profit
system. The capitalist system cannot be reformed, it must be replaced by a
system based on public ownership of the banks and corporations under the
democratic control of the working population, and production for social need,
not private profit, i.e., socialism.
This is the program
being advanced by the Socialist Equality Party and its presidential and vice
presidential candidates, Jerry White and Phyllis Scherrer. All those who want
to fight in defense of the social rights of working people and youth and who
see the need for a fundamental change should become active participants in the
SEP election campaign.
Andre Damon and Barry
Grey
Copyright © 1998-2012
World Socialist Web Site - All rights reserved
*
FROM CREOLE FOLKS
Obama Seeks Brother of "Chicago
Mob Boss" for Top White House Post
The
roaches and con-artist, fake journalist on cable news are all lying about
William Daley being all this and all that, this man is an open borders, down
with America, free trade globalist. MSNBC and Gretta "the
Scientology" Van Susteren from Fox News are knowingly deceiving the
public about D. Issa & his letter to "business owners"=which they
made into such a BIG DAM DEAL, but no one says anything whenBarrack
Hussein Obama, comes around with all of these shady bankers, hedge fund
managers and Wall St. Tycoons, which he puts in his cabinet. All of
Obama's meeting with Wall Street asking, "What can I do for you?" is
never something covered by Keith Oberman or Rachel Maddow.
(Bloomberg) -- President Barack Obama is considering naming William Daley, a JPMorgan Chase & Co. executive and former U.S. Commerce secretary, to a high-level administration post, possibly White House chief of staff, people familiar with the matter said.
*
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
* 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)
* 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
* 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
* 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.
*
THE ONLY JOBS PLAN
OBAMA HAS EVER HAD IS CALLED OPEN BORDERS! IT WORKS NICELY FOR EMPLOYERS OF
ILLEGALS… THEY GET ALL THAT ILLEGAL “CHEAP” LABOR, AND LEGALS ARE FORCED TO PAY
FOR THE MEXICAN ANCHOR BABY BREEDING PROGRAM, WELFARE, AND CRIME TIDAL WAVE!
On Monday, the New
York Times reported that, in the midst of the gravest jobs crisis since the
Great Depression, job training programs are being starved of funds due to
spending cuts. Federal outlays for job training have been slashed by $1 billion
since the 2010 fiscal year. Total spending on job training for unemployed
workers is barely half the level of ten years ago, even though unemployment has
more than doubled.
*
*
YOU
DON’T GET A JOB IN THE OBAMA ADMIN UNLESS YOU’RE CONNECTED TO ONE OF OBAMA’S
MAJOR CRIMINAL BANKSTERS, OR OUR A LA RAZA SUPREMACIST!
JOBS…?
IT ISN’T BY ACCIDENT THAT OUR BORDERS ARE WIDE OPEN FOR THE CONVENIENCE OF
MEXICO’S LOOTING! IT’S ALL ABOUT KEEPING WAGES DEPRESSED. WHEN OBAMA HAS A WORD
ABOUT JOBS, IT’S FIRST TO GIVE THE JOB TO AN ILLEGAL, AND THEN TO ASSURE HIS
BANKSTERS AND WALL ST CRONIES THAT THEIRS ARE SACRED AND WILL REMAIN UNTOUCHED!
“I’m
not here to punish banks!” Floor of the Senate – STATE of the UNION MESSAGE
after the rape of the nation by the banks.
OBAMA’S
SEC. LABOR IS THE LA RAZA SUPREMACIST
HILDA SOLIS. SHE AND OBAMA FIGHT E-VERIFY, AND PUSH THE LA RAZA AGENDA OF OPEN
BORDERS, AMNESTY, OR AT LEAST CONTINUED NON-ENFORCEMENT.
OBAMA’S
CHIEF-OF-STAFF, BILL DALEY WAS SELECTED BECAUSE HE’S AN ADVOCATE FOR OPEN
BORDERS LIKE OBAMA, AND WAS WITH TWO OF OBAMA’S CRIMINAL BANKSTERS J.P. MORGAN
and CHASE.
OBAMA’S FORMER JOBS CZAR:
“Rattner, an investment
banker whose net worth was estimated to be up to $600 million when Obama
selected him to head the Auto Task Force, said his “friends on Wall Street” were
concerned by GM’s earnings and communication with investors.”
We didn’t ask any active
worker to cut his or her pay. We didn’t ask them to sacrifice any of their
pension and we maybe could have asked them to do a little bit more.”
THE REALITY OF OBAMA AND JOBS:
With the full assistance of
the UAW, the White House slashed tens of thousands of jobs, wiped out “Jobs
Bank” income protections for laid-off workers and cost-of-living adjustments
for current workers. It cut retiree health care benefits and expanded the
two-tier wage system, which pays newly hired workers $15 an hour or roughly
half of what longer-term workers earn.
Nevertheless, Rattner
expresses the frustration of Wall Street that the percentage of workers making
poverty level wages will be limited to a quarter of the workforce by 2015.
Obama’s “Car Czar” says workers
should have taken deeper cuts
By Jerry White
21 December 2011
21 December 2011
President
Obama’s former “Car Czar” says the government should have slashed the wages of
auto workers and imposed even deeper concessions on United Auto Workers (UAW)
members during the 2009 restructuring of General Motors and Chrysler.
After
a speech at the Detroit Economic Club last week, Steven Rattner told reporters,
“If we had more time, we might have asked all the stakeholders to sacrifice a
little bit more. We didn’t ask any
active worker to cut his or her pay. We didn’t ask them to sacrifice any of
their pension and we maybe could have asked them to do a little bit more.”
Rattner, an investment banker
whose net worth was estimated to be up to $600 million when Obama selected him
to head the Auto Task Force, said his “friends on Wall Street” were concerned
by GM’s earnings and communication with investors. Even though the Detroit automaker’s
profits have sharply risen, the market has punished GM stocks, which have
fallen 50 percent since its IPO last year.
After
Rattner’s remarks were made public, he denied he was suggesting auto workers
should have or should now be forced to take pay cuts. Writing on his blog, he
said, “So let me be clear, I have no desire to see auto workers (or anyone
else) take a pay cut. The members of President Obama’s Auto Task Force did not
work as hard as we did in order for workers to see their pay slashed.”
In
fact, that was central purpose of the task force. Using the threat of
liquidation, the Obama administration set out to shut unprofitable plants and
drastically reduce labor costs so Wall Street could be ensured high returns
even if car sales fell to historic lows.
With the full assistance of
the UAW, the White House slashed tens of thousands of jobs, wiped out “Jobs
Bank” income protections for laid-off workers and cost-of-living adjustments
for current workers. It cut retiree health care benefits and expanded the
two-tier wage system, which pays newly hired workers $15 an hour or roughly
half of what longer-term workers earn.
This was a signal for the
launching of a wage-cutting campaign, which has stretched to every section of
the working class, from teachers and public employees to industrial and other
private sector workers.
In
the recent round of labor agreements the UAW handed over more concessions,
agreeing to contracts that raise labor costs by their lowest margin in four
decades. Nevertheless, Rattner expresses
the frustration of Wall Street that the percentage of workers making poverty
level wages will be limited to a quarter of the workforce by 2015. They
feel conditions are ripe—with mass unemployment, rising poverty and the full
complicity of the UAW—to reopen the auto contracts in the not too distant
future in order to cut the wages of the remaining 75 percent of workers.
The
current lockout of rubber workers at Cooper Tire in Findlay, Ohio is indicative
of the “new normal” being demanded by corporate America, which is intent on
closing the wage gap between American workers and their brutally exploited
counterparts in China, Latin America and other impoverished regions.
In
his blog, Rattner continued, “[A]s I have watched events unfold in the past 2½
years, I have become increasingly concerned about the competitiveness of
American manufacturing, including autos. We are competing more and more against
countries whose workers are paid a small fraction of what American workers are
paid but whose productivity is getting closer and closer to U.S. levels (in
some cases, even exceeding it).
“All
I was trying to say was that if we had achieved more shared sacrifice at the
time of the restructurings, we would be in a better position to retain more American
jobs in the face of this competition. I wish sacrifice was not necessary.”
Notwithstanding
his lament over “necessary sacrifice,” Rattner is speaking for the financial
aristocracy, which has no intention of investing in manufacturing unless the gains
of a century of working class struggle are overturned. Having worked intimately
with the UAW during the auto bailout, Rattner is well aware that the UAW is
fully on board as long as it can retain its position of a purveyor of cheap
labor.
Rattner
is typical of the financial parasites that have risen to the top of the US
economy over the last three decades of deindustrialization and assault on the
working class. According to Fortune magazine, he lives in a “sprawling”
Manhattan apartment, which “overlooks Central Park and the Metropolitan Museum
of Art (where he is on the board).” The magazine continues: “He has a horse
farm in North Salem, New York, in northern Westchester County, near his friend,
New York City Mayor Mike Bloomberg, and is building a 15,575-square foot house
on the water in Martha’s Vineyard.”
Rattner was forced to leave
the Auto Task Force after the New York state attorney filed two civil suits
charging that he committed fraud when, as head of the Quadrangle Group private
equity fund, he used bribes and kickbacks to obtain management over $150
million in assets of the New York State Common Retirement Fund. Rattner—who is
also a major figure in the Democratic Party establishment—settled the case with
no admission of guilt by paying $10 million.
*
Guess LA RAZA his happy with
OBAMA’S endless hispandering! THEY SHOULD BE!
There are only eight states with a larger
population than LOS ANGELES COUNTY, where 47% of those with a job are ILLEGALS
USING STOLEN SOCIAL SECURITY NUMBERS! This same mex gang infested county puts
out $600 million in welfare to illegals!
*
“The inspections have
determined that hundreds of companies throughout the U.S. have significant numbers of illegal immigrants
on their payroll yet none have been punished, according to a Houston newspaper
that obtained internal ICE records through the Freedom of Information Act. At
least 430 audit cases listed as “closed” by the agency had high percentages of
workers with “questionable” documents yet they faced no consequences.”
THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS
TO CUT WAGES!
“We could cut unemployment in half simply by reclaiming the jobs
taken by illegal workers,” said Representative Lamar Smith of
Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on
the wrong side of the American people on immigration. The president should
support policies that help citizens and legal immigrants find the jobs they
need and deserve rather than fail to enforce immigration laws.”
*
“The principal beneficiaries of our current
immigration policy are affluent Americans who hire immigrants at substandard
wages for low-end work. Harvard economist George Borjas estimates that American
workers lose $190 billion annually in depressed wages caused by the constant
flooding of the labor market at the low-wage end.” Christian Science Monitor
*
The California Budget Project, a liberal study
group in Sacramento, brought the income squeeze down to the state level in its
Labor Day analysis.
Using state tax data, the project said that the
average adjusted gross income of all California taxpayers - whether filing
individually or jointly - fell from $82,268 in 2000 to $68,434 in 2008, after
adjusting for inflation. TOM ABATE SFGATE.com
*
Labor
secretary: Obama doing good job on economy
Monday, September 6, 2010
(09-06) 04:36 PDT
WASHINGTON (AP) --
Labor Secretary Hilda
Solis is defending President Barack Obama's efforts to combat the recession and
unemployment, saying his focus has been on helping the jobless and
underemployed.
In a Labor Day
appearance on ABC News'"Good Morning America," Solis said Obama is
doing a good job.
Solis says the Obama
administration knows people are hurting from the weak economy. She pointed to
last year's $814 billion economic recovery act and administration proposals for
job training and hiring incentives for businesses.
On CBS'"Early
Show," she said that over the last eight months, the U.S. economy has
added some 90,000 private sector jobs each month.
Critics have cited
persistent unemployment rates of nearly 10 percent and only faint signs that
businesses are rehiring workers.
*
Labor Secretary
Hilda Solis, a former California congresswoman with close ties to the
influential La Raza movement, announced the “We Can Help” project with
great fanfare a few days ago.”
FROM JUDICIAL WATCH. org –
get on their emails!
Labor Dept. Helps Illegal
Alien Workers
Last
Updated: Tue, 04/06/2010 - 11:04am
The
Department of Labor has launched a special program to assist and protect
illegal immigrant workers in the U.S., referred to as “vulnerable” and
“underpaid” by the presidential cabinet member who heads the agency.
Hundreds
of new field investigators have been deployed to reach out to Latino laborers
in areas with large numbers of illegal alien employees. Their message, in
Spanish, is “we can help” bring workplace protections to the nation’s most
vulnerable and underpaid workers, including those who have no legal right to
live in the Untied States.
(THE
OBAMA PLAN TO PUT ILLEGALS INTO OUR JOBS AND VOTING BOOTHS!)
Labor Secretary Hilda Solis,
a former California congresswoman with close ties to the influential La Raza
movement, announced the “We Can Help” project with
great fanfare a few days ago. A total of 1,000 investigators from her 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.
(WHO
WORKS FOR THE RIGHTFUL JOBS OF AMERICAN CITIZENS? WHO ENFORCES THE LAWS THAT
PROHIBIT THE EMPLOYMENT OF ILLEGALS, EVEN IF THEY HAVE A STOLEN SOCIAL SECURITY
NUMBER? NOT THE LA RAZA DEMS, OR HISPANDERING BARACK OBAMA!)
Solis
told Latino workers that “your president, your secretary of labor and this
department will not allow anyone to be denied his or her rightful pay,
especially when so many in our nation are working long, hard and often
dangerous hours.” She assured illegal immigrants that “if you work in this
country, you are protected by our laws.”
The
same day Solis publicly announced the Obama Administration’s new project, a
Labor Department investigator visited a day laborer center in northern
California to promote it. The federal employee actually chatted warmly with the
illegal immigrants about how to find jobs
without being exploited,
according to a local newspaper report. “We’re the feds but the good ones,” he
told the day laborers in Spanish. “We’re here to help workers.”
The
agency has also launched a Spanish television advertising campaign to spread
the word and created a web site. Workers in industries from construction to
food service are urged to contact the Labor Department of wage and hour
violations. An investigator may be deployed to the work site or the employer
may be taken to court.
*
MEXICANOCCUPATION.blogspot.com
OBAMA HAS FILLED HIS ADMINSTRATION WITH
PRIMARILY LA RAZA PARTY MEMBERS.
Here’s his Sec. Labor, HILDA SOLIS:
While in Congress, she opposed strengthening
the border fence, supported expansion of illegal alien benefits (including
driver's licenses and in-state tuition discounts), embraced sanctuary cities
that refused to cooperate with federal homeland security officials to enforce
immigration laws, and aggressively championed a mass amnesty. Solis was steeped
in the pro-illegal alien worker organizing movement in Southern California and
was buoyed by amnesty-supporting Big Labor groups led by the Service Employees
International Union. She has now caused a Capitol Hill firestorm over her new
taxpayer-funded advertising and outreach campaign to illegal aliens regarding
fair wages:
*
Michelle Malkin
The U.S. Department of
Illegal Alien Labor
President Obama's
Labor Secretary Hilda Solis is supposed to represent American workers. What you
need to know is that this longtime open-borders sympathizer has always had a rather
radical definition of "American." At a Latino voter registration
project conference in Los Angeles many years ago, Solis asserted to thunderous
applause, "We are all Americans, whether you are legalized or not."
That's right. The
woman in charge of enforcing our employment laws doesn't give a hoot about our
immigration laws -- or about the fundamental distinction between those who
followed the rules in pursuit of the American dream and those who didn't.
While in Congress, she opposed strengthening
the border fence, supported expansion of illegal alien benefits (including
driver's licenses and in-state tuition discounts), embraced sanctuary cities
that refused to cooperate with federal homeland security officials to enforce
immigration laws, and aggressively championed a mass amnesty. Solis was steeped
in the pro-illegal alien worker organizing movement in Southern California and
was buoyed by amnesty-supporting Big Labor groups led by the Service Employees
International Union. She has now caused a Capitol Hill firestorm over her new
taxpayer-funded advertising and outreach campaign to illegal aliens regarding
fair wages:
"I'm here to
tell you that your president, your secretary of labor and this department will
not allow anyone to be denied his or her rightful pay -- especially when so
many in our nation are working long, hard and often dangerous hours,"
Solis says in the video pitch. "We can help, and we will help. If you work
in this country, you are protected by our laws. And you can count on the U.S.
Department of Labor to see to it that those protections work for you."
To be sure, no
one should be scammed out of "fair wages." Employers that hire and
exploit illegal immigrant workers deserve full sanctions and punishment. But
it's the timing, tone-deafness and underlying blanket amnesty agenda of Solis'
illegal alien outreach that has so many American workers and their
representatives on Capitol Hill rightly upset.
With double-digit
unemployment and a growing nationwide revolt over Washington's border security
failures, why has Solis chosen now to hire 250 new government field
investigators to bolster her illegal alien workers' rights campaign? (Hint:
Leftists unhappy with Obama's lack of progress on "comprehensive
immigration reform" need appeasing. This is a quick bone to distract
them.)
Unfortunately,
the federal government is not alone in lavishing attention and resources on
workers who shouldn't be here in the first place. As of 2008, California,
Florida, Nevada, New York, Texas and Utah all expressly included illegal aliens
in their state workers' compensation plans -- and more than a dozen other
states implicitly cover them.
Solis' public
service announcement comes on the heels of little-noticed but far more
troubling comments encouraging illegal alien workers in the Gulf Coast. Earlier
this month, in the aftermath of the BP oil spill, according to Spanish language
publication El Diario La Prensa, Solis signaled that her department was going
out of its way to shield illegal immigrant laborers involved in cleanup
efforts. "My purpose is to assist the workers with respect to safety and
protection," she said. "We're protecting all workers regardless of
migration status because that's the federal law." She told reporters that
her department was in talks with local Immigration and Customs Enforcement
(ICE) officials who had visited coastal worksites to try to verify that workers
were legal.
No word yet on
whether she gave ICE her "we are all Americans, whether you are legalized
or not" lecture. But it's a safe bet.
*
MEXICANOCCUPATION.blogspot.com
From the above blog,
email articles to those concerned about Obama’s endless push for amnesty.
FAIRUS.org
JUDICIAL WATCH.org
ALIPAC.us
*
WE ARE MEXICO’S WELFARE and PRISON SYSTEMS!
“Mexico’s government has
provided its nationals with valuable tools to help them cross the border safely
but Dominguez is the first American resident, with a salary provided by U.S.
taxpayers, to openly promote such a gadget. A few years ago Mexican officials
published a 32-page booklet (Guia Del Migrante Mexicano) with safety
tips for border crossers and distributed hand-held satellite devices to ensure
the violators complete their journey safely.”
*
OBAMA, AS HE
ASSAULT THE AMERICAN MIDDLE CLASS, HIS BANKSTERS, THE CORPORATE RICH, LA RAZA,
AND ILLEGALS ARE ALL DOING FINE!
http://mexicanoccupation.blogspot.com/2011/08/barack-obama-one-of-greatest-tragedies.html
THE REST OF
AMERICAN IS FORECLOSED ON, AND GETTING THE TAX BILLS TO PAY FOR ALL OF OBAMA’S
WELFARE FOR BANKSTERS AND ILLEGALS!
FROM HERITAGE
FOUNDATION
Morning Bell: End
Crony Capitalism
At 300 East 23rd Street in the exclusive Gramercy Park neighborhood [1] of Manhattan, where to get into parts of the park you need a key granted just to residents, a new 98-unit luxury apartment complex has been built with an outdoor movie theater and panoramic city views [2]. The problem is that not enough buyers are coughing up the $820,000 to $3 million the project’s developers are asking for the privilege to own a unit in the building. But don’t worry, the Obama administration is coming to the rescue. Last December, the Federal Housing Administration loosened its financing rules [3] so that U.S. taxpayers would have the honor of backing loans with downpayments as low as 3.5%. Now rich Manhattanites can better afford condos in buildings with pet spas, concierges and rooftop lounges like the one in Gramercy Park, all on the taxpayers’ dime.
You read that correctly: the FHA, created in 1934 to make homeownership attainable for low- to moderate-income Americans, is now subsidizing Manhattan luxury condominiums. How did we get here? The mindset that allowed this unconscionable public policy to occur was on display yesterday in Washington, where Treasury Secretary Timothy Geithner hosted his Future of Housing Finance symposium. While Secretary Geithner promised [4] “fundamental reform” of our nation’s housing policies, he also insisted that the federal government must continue to play a strong role in U.S. mortgage markets: “There is a strong case to be made for a carefully designed guarantee in a reformed system, with the objective of providing a measure of stability in access to mortgages, even in future economic downturns.”
Geithner was not asked if FHA’s backing of Manhattan luxury condos fit his definition of a “carefully designed guarantee in a reformed system,” but American Enterprise Institute fellow Alex Pollock was there to at least throw some cold water [4] on Geithner’s central-planner arrogance: “You can either, in my view, be a private company or a government agency — one or the other, but not both.”
Geithner’s “carefully designed” government intervention mindset is at the core of why the Obama administration’s economic policies have been a complete failure. Since taking office the Obama administration has used the Troubled Asset Relief Program (TARP) and other initiatives to buy one car company [5], give another to union allies [6], punish non-union workers [7], undermine the bankruptcy code [6], enrich Wall Street at the expense of Main Street [8], bail out Mickey Mouse [9], keep unionized zombie firms from dying [10] and generally terrorize the world economy [11]. That is why, for the first time ever in 2010, the United States fell from the ranks of the economically “free,” as measured by The Heritage Foundation’s Index of Economic Freedom [12]. From housing, to banking, to spending and taxation, the U.S. economy will only truly recover once it is clear to private enterprises that their best bet is investing in employees, machines and ideas, not lawyers and lobbyists in Washington. To that end, Heritage’s just-released Solutions for America [13] chapter on Restoring the U.S. to a Free Economy [14] recommends:
Unwind Government Intervention: The government should end the interventions it has made since 2008, starting with abolition of the TARP program. It should then abolish Freddie Mac and Fannie Mae and repeal all U.S. government regulatory measures that interfere with mortgage markets. Congress should also repeal the Sarbanes–Oxley Act, which discriminates against small firms and reduces competition. Companies should be allowed to fail, and laws and regulations should create no expectation of a future bailout.
Reduce Government Involvement in Commercial Decision-making: Congress must eliminate the insidious practice of earmarking, which corrupts the legislative process. The government needs to divest itself of all assets acquired in connection with the financial crisis and recession and refrain from interfering in bankruptcy cases.
Reduce Tax Rates: Our corporate income tax rate, currently the second highest in the developed world, must be cut to restore U.S. competitiveness. The corporate tax rate should be set at or below the Organization for Economic Co-operation and Development average of 26% to eliminate the incentive for businesses and jobs to move overseas. We should also stop taxing businesses as individuals, but rather reduce rates to 25%, which would help business to grow and create jobs.
Spend Less and Devolve Responsibilities: Congress should enact a firm cap on the annual increase in total government spending, limited to inflation plus population growth. Lawmakers should exert all effort to keep overall federal spending to less than 20% of U.S. GDP, the historical post–World War II average for federal spending.
Give Workers a RAISE: Union contracts set both a wage floor and a wage ceiling. Unionized employers may not give productive workers pay raises outside those envisioned in the collectively bargained contract. The RAISE Act (Rewarding Achievement and Incentivizing Successful Employees) would allow employers to pay individual workers more, but not less, than the union contract specifies thus restoring to millions of union members the inherent American right to earn individual raises through individual efforts.
On Monday, President Barack Obama visited the ZBB Energy battery factory in Menomonee Falls, Wis. Last January, the Obama Energy Department invested $14 million in the company, and President Obama was on hand to claim credit for every employed person there. But The Wall Street Journal [15] did some homework and found that since going public in June of 2007, ZBB has been hemorrhaging money. The firm lost $4.9 million in fiscal year 2008, $5.5 million in fiscal year 2009, and has a “cumulative deficit” of $44.1 million. ZBB has admitted that its ability to continue as a “going concern” depends on securing additional investment. In a free market economy, private investors would provide those funds, reap the rewards if ZBB prospered and suffer the losses if ZBB failed. But under President Obama’s crony capitalist economy, ZBB is the big winner if the company survives, and if they fail, it is you, the taxpayer, who loses.
*
Class Warfare the Last Refuge of a Failed Presidency
Now that Mitt Romney will
be Obama’s opponent in November, the Democrats are rolling out the false
narrative they will use to demonize Romney and obscure four years of failed
economic policies that have created the worst recovery from a recession since
the Great Depression. In two recent speeches, Obama has begun heating up his class
warfare rhetoric in an attempt to paint Republicans as the heartless minions of
greedy capitalists who increase their wealth at the expense of everybody else.
On April 3, Obama went
after Representative Paul Ryan and his budget, which Obama linked explicitly to
Romney. Ryan’s budget actually addresses the key problems of out of control
government spending and rapidly metastasizing entitlement costs, the looming
fiscal train-wreck that Obama and the Democrats have avoided dealing with for
over 3 years. Masking this dereliction of duty, Obama in his speech instead
piled up lie after lie about Ryan’s budget, spicing the whole with
question-begging rhetoric. Financial aid cut for 10 million college students,
1,600 fewer grants for Alzheimer’s and AIDS research, clean energy technology
cut by a fifth, 200,000 pre-schoolers banished from Head Start, 2 million
mothers and children denied healthy food, cuts to the Department of Justice and
the FBI, national parks closed, air, food, and water safety compromised, less
accurate weather forecasts, more flight cancellations at airports––this whole
catalogue of apocalyptic disasters is a patent lie, one worsened by the charge
that Ryan’s budget is “thinly veiled social Darwinism” designed to further
enrich the already bloated 1% by ruthlessly cutting government programs. In
fact, the Ryan budget increases spending from $3.6 trillion this year to almost
$4.9 trillion in 2022.
A week later, in Boca
Raton Florida Obama was at it again, beating the drum of tax “fairness” as he
proposed imposing the “Buffet Rule” on those earning more than $1 million to
force them to “pay their fair share,” which Obama puts at 30%. This idea that
rich Americans are tax deadbeats was given traction by billionaire Warren
Buffet, the tax-shelter king who popularized the myth that millionaires pay
taxes at a lower rate than ordinary Americans because the rich pay most of
their taxes at the capital-gains rate of 15%. In actual fact, as NRO points out, Americans in the $40-$50 thousand income
bracket pay an effective rate
of 3.2% in federal income tax, 80% of U.S.
households are taxed at a rate less than 15%, and half pay nothing at all. As
for those dastardly millionaires, the rate for most of them is already 30%,
while 10% pay less and another 10% pay more, according to the Congressional
Research Service.
Worse yet, the amount of
revenue the Buffet Rule would raise is $5 billion a year––“or less than 0.5% of
the $1.2 trillion fiscal 2012 budget deficit and over the next decade a mere
0.1% of the $45.43 trillion the federal government will spend,” the Wall Street
Journal reports. Obviously, this is not enough revenue to “stabilize our debt
and deficits for the next decade,” as Obama has claimed. In fact, to close the
deficit in 2035, when entitlement spending will blow up the budget, tax
revenues would require a surreal rate of 223% on the highest tax bracket. Nor
will this Buffet Rule pittance do anything to rein in federal spending,
projected to reach 50% of GDP by 2060 because of runaway entitlement costs
destined to expand even further if Obamacare survives. Finally, the idea that
the extra revenues generated by the Buffet Rule would be used to lower the
deficit flies in the face of history, which shows that every dollar of
increased revenues leads to at least $1.17 of government spending. As Milton
Friedman once said, “Politicians will always spend every penny of tax raised
and whatever else they can get away with.”
Yet this is just the
beginning of Obama’s economic ignorance and mendacity. Increasing the capital
gains tax rate, as the Buffet Rule perforce does, and letting the Bush tax cuts
expire would target small businesses and lessen the investment capital needed
to grow the economy and create jobs, at the same time it would fail at
increasing tax revenues, which historically have increased when tax rates are lowered. Consider what
happened after Ronald Reagan’s tax cuts. In 1981, the top 1% paid 17.58% of all
federal income taxes; in 2005, this same cohort paid 39.38%. In 1981 the top 1%
paid $94.84 billion (in 2005 dollars); in 2005 they paid $368.13, an increase
of 288%. During this same period, taxes paid by the bottom 75% went from 27.71%
of all tax revenues to 14.01%. More recently, the Bush tax cuts resulted in a
44% increase in revenues from 2003-2008. “The only conclusion,” Arthur Laffer
concluded in 2008, “one can come to is that by raising statutory tax rates on
the rich as proposed by the Democrats, the effective individual income tax rate
won’t change, but the comprehensive household income earned by this group will
fall, thus resulting in a sharp decline in tax receipts from the very highest
income earners. If you want to get more tax revenues from the rich, you’ve got
to make the rich richer, and to make the rich richer, you’ve got to lower tax
rates.”
All this class-warfare
rhetoric has nothing to do with fixing our economic problems by reducing the
deficit, curbing government spending, and growing the economy. Nor is the issue
“fairness.” By any metric, the U.S. already has a fair tax system, given that
the top 10% pay 70% of all federal income taxes, while nearly half pay nothing.
Indeed, the U.S. has the most progressive tax system among 24 OECD economies, as measured by the
ratio of share of taxes paid to share of income among top earners. For example,
the top 1% of earners paid more than 38% of all federal income taxes, but they
earned 20% of all income. As a result of this burden on the highest earners,
the top 10% of U.S. earners pay 35% more income taxes than does the same cohort
in progressive heartthrob Sweden, and 22% more than in France.
This rhetoric of
“fair-share,” then, is really about Obama’s reelection and his leftist
ideology. The President has calculated that he can win votes with faux-populist
attacks on “fat-cats” and thus obscure his tax-and-spend agenda whose ultimate
aim is to increase the power of the government. In that way he can benefit his
base and create ever more clients beholden to the feds. That’s what all this
talk about “fairness” really means: redistributing income, always the way the
enemies of freedom have gained power. As history shows, when democracies start
to devolve into tyranny, unscrupulous leaders arise to foment class hatred by
pandering to those who, as the Greek historian Polybius wrote, are “habituated
to feed at the expense of others, and to have [their] hopes of a livelihood in
the property of [their] neighbors.” That is what the “Buffet Rule” is all
about: creating the “soft despotism” Tocqueville warned about.
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