Friday, May 10, 2013

Growing signs of a financial crisis in China - Obama to borrow from the Mexican drug cartels to pay for his staggerig deficits that built the LA RAZA Mexican welfare state in America

Growing signs of a financial crisis in China


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UNDER OBAMA, TWO-THIRDS OF JOBS GO TO HIS PARTY BASE OF ILLEGALS!


“At the hearing, Dr. Rakesh Kochar, Associate Director for Research at the Pew Hispanic Center, testified that in the year following the official end of the recession (June 2009), foreign-born workers gained 656,000 jobs while native-born workers lost an additional 1.2 million jobs.”

"We have a situation where the job market — the bottom fell out, yet we kept legal immigration relatively high without even a national debate," he said. "As a consequence, a lot of the job growth has been going to immigrants."

Mr. Obama did take action this year to grant many illegal immigrants up to 30 years of age a tentative legal status that prevents them from being deported and authorizes them to work in the United States.

Some Republicans in Congress have criticized Mr. Obama's policy, saying it violates his powers and will mean more competition for scarce jobs.

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SOMETHING TO THINK ABOUT AS HISPANDERING OBAMA HAS SET LOSE THOUSAND OF MEXICAN CRIMINALS AND FURLOUGHED 6,000 BORDER GUARD TO EASE MORE OF HIS PARTY BASE OF ILLEGALS OVER OUR BORDERS BEFORE AMNESTY MAKES THEY OUR EQUALS.

 

PRAYERS for AMERICANS MURDERED BY ILLEGALS: THE LA RAZA CRIME TIDAL WAVE

ALIPAC:


 

THE LA RAZA MEXICAN CRIME TIDAL WAVE FLOODS AMERICA!


 

MEXICAN GANGS - 14 YEAR OLD MEXICAN BOY born in San Diego (Anchor baby?) BEHEADS 4 FOR MEXICAN DRUG CARTEL

 

Edgar Jimenez Lugo, who authorities said was born in San Diego, was wanted on suspicion of killing rivals — allegedly beheading some — as part of his work for a violent drug-trafficking cartel.


 

ACCORDING TO CA ATTORNEY GEN KAMALA HARRIS, NEARLY HALF OF ALL MURDERS IN CA ARE NOW BY MEXICAN GANGS.


 

206 Most wanted criminals in Los Angeles. Out of 206 criminals--183 are hispanic---171 of those are wanted for Murder.

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President Barack Obama Performs Part-time Volunteer Work for the Mexican Drug Cartels


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WIKILEAKS EXPOSES OBAMA’S AGENDA OF ASSAULTING OUR BORDERS, AMERICANS IN JOBS HE WANTS TO FILL WITH ILLEGALS


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THERE IS A REASON WHY THE MEXICAN DRUG CARTELS OPERATE IN MORE THAN 2,500 AMERICAN CITIES, INCLUDING OBAMA’S CHICAGO!


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OBAMA’S AGENDA OF OPEN and UNDEFENDED BORDERS and the MEXICAN DRUG CARTELS SWARMING OUR BORDERS.


MEXICO TODAY... AMERICA TOMORROW!

Inside Mexico's drug war: Heart wrenching images of poverty and violence capture true misery of country ravaged by cartels


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CLASHING CULTURES

LOS ANGELES: ALVARO ROSAS IS AN ILLEGAL. HE IS ALSO A DISTRIBUTOR OF CHILD PORN!


WHO ARE AMERICA’S OCCUPIERS?

THE LA RAZA “THE RACE” INVADERS:

AMERICA vs MEXICO: CLASHING CULTURES

By Frosty Wooldridge


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.

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.

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OBAMA’S CRONY CAPITALISM – HOW HE LOOTED AMERICAN ON BEHALF OF HIS LOOTING WALL STREET CONTRIBUTORS


 

Crony Capitalism Protects Wrongdoers, Harms Consumers, and Disrupts Markets

May 9, 2013




 


Thanks to a renewed interest in the works of Ayn Rand and high-profile figures like John Stossel, Glenn Beck, and Rand Paul, libertarianism is enjoying a moment in the political sun. And just like America's two major parties, libertarians can often be blind to faulty logic and flaws within their own ideology. Timothy P. Carney recently wrote a piece for The Atlantic discussing this very problem:

"Voters despise government officials who get in bed with corporations. But what about corporations who cozy up to government? Are companies who use cronyism to grow their profit acting unethically?

The question makes some free-marketeers uneasy. After all, we not only tolerate the fierce pursuit of profit, but also we defend it against taxes and heavy-handed regulation. Milton Friedman famously said, 'The social responsibility of business is to increase its profits.'

But in the age of crony capitalism, libertarians must declare that some means of pursuing profit are immoral and call on executives to reject them. This would create a positive case for capitalism – arguing that the pursuit of profit, in the context of fair and open competition, helps the whole society. The new corporate social responsibility, redefined for libertarians, must stand athwart crony corporatism yelling 'stop.'"

Lest his readers underestimate the influence and scope of crony capitalism, Carney provides a thumbnail sketch of the practice in action over the last decade. Seeing our government's extensive network of corporate welfare laid out in black and white is sobering, to say the least:

"The 2005 and 2007 energy bills required drivers to buy ethanol, created a government loan-guarantee program for private sector green-energy projects, and effectively outlawed the traditional incandescent light bulb. . . . Then, 2008 saw an avalanche of corporate bailouts: Bear Stearns, AIG, Fannie Mae and Freddie Mac. Then the TARP bailed out all of Wall Street, and later General Motors and Chrysler.

Obama came to power in 2009 and signed an $800 billion stimulus bill supported by the Chamber of Commerce and loaded with goodies for the likes of Google and Solyndra. Obama pushed cap-and-trade with the support of the U.S. Climate Action Partnership, a corporate coalition led by GE, which had set up a business to create and trade greenhouse-gas credits.

In June 2009, Obama signed the Family Smoking Prevention and Tobacco Control Act, a regulatory measure that Philip Morris supported and reportedly helped write. ... The drug lobby wrote significant parts of Obamacare, and the hospital lobby liked the bill enough to file an amicus curiae brief with the Court defending the law from its challenge by states and the small business lobby.

Boeing and the Chamber of Commerce launched a full-court lobbying push in 2011 to save and expand the Export-Import Bank, the government agency Obama loves using to subsidize U.S. Exports – including lots of Boeing jets. In a lesser-known case of regulatory profiteering, Obama hired H&R Block's CEO to a top position at the IRS, where he crafted new regulations on tax preparers – rules which H&R Block supported and small tax preparers sued to overturn."

Regardless of where your political sympathies lie, it's undeniable that there is an unhealthy and unholy alliance between well-heeled special interests and politicians and policymakers. It's all well and good to embrace Ms. Rand's philosophy of self-seeking individualism in theory, but when this mentality insinuates itself into the markets unchecked by moral and ethical principles, the results are antithetical to freedom and fairness.

Basically, the special interests invest in political campaigns as a cost of doing business, and they expect a handsome return on their investments. As Mr. Carney explains, that usually comes in the form of pet legislation, subsidies, tax breaks, limitations on liability, preferential treatment . . . the list goes on and on. Of course, politicians are only too happy to accommodate these special interests in exchange for political contributions that help cement and perpetuate their power.

As a result, the free market is stymied; it can't do what it's designed by nature to do, which is to sift good companies from bad ones, reward efficiency and innovation, and empower consumers with authentic choice in the marketplace. In effect, crony capitalism is a form of central planning, something that libertarians and conservatives historically eschew.

The lack of accountability of the cronies is particularly damaging.  Defenders of free-market capitalism generally maintain that accountability and responsibility must run hand in hand in order for markets to operate effectively. If wrongdoers are not held accountable, their wrongdoing will multiply and the whole system will be corrupted. Unfortunately, many free-market apologists in the political arena are only too ready to offer a double standard to their corporate benefactors.

Consequently, we wind up with the excesses that characterized firms like AIG, Fannie Mae, and Enron; we end up with lives lost due to malfeasance at the hands of mining companies and peanut companies, from drugs that cause injury and death and products that explode or fail and cause harm.

We have an epidemic of malpractice and abuse and neglect in nursing homes because wrongdoers aren't held fully accountable. All of this is a direct result of corporations taking shortcuts and playing Russian roulette with consumer safety because they know they will be shielded from accountability if something goes wrong.

As Madison said, "If men were angels, government wouldn't be necessary." Well, they aren't, and we do. The world "regulation" is an anathema to free-market apologists, but it shouldn't be. Proper government regulation and consumer protections are essential to ensure an ethical marketplace.

The fewer regulations we have, the more consumer protection mechanisms we need, and vice versa. This is precisely the purpose of America's civil justice system. It is wrong for corporations to lobby for fewer regulations while simultaneously perverting policy so that they are insulated from accountability in the civil justice arena when they err. When this is allowed to happen, corporate America runs amok and consumers are harmed.

Mr. Carney is correct when he says that the case for capitalism must rest on the willingness of free-marketeers to demand ethical conduct from corporations and politicians alike. Our current economic and political problems aren't just the fault of President Obama, or Nancy Pelosi or any other big government bogey.

The sooner libertarians and conservatives alike recognize this, the sooner we can get our economy and our government back on the right track, and given the enormity of the challenges facing us over the next several decades, this can't happen soon enough.

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OBAMA and his culture of BANKSTER LOOTING of America.

Is Penny Pritzker Obama’s newest BANKSTER?

Obama warns against “cynicism” at Ohio State commencement address


do a google of Obama’s BIG BANKSTER DONORS and you will find a list of the banks that have looted this nation, yet found a place in the corrupt Obama administration!

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OBAMA’S BILLIONAIRE NOMINEE FOR COMMERCE, PENNY PRITZKER… BILLION$$$$ MADE OFF HIRING CHEAP ILLEGAL LABOR??? show me even one dem billionaire that does not push for obama’s agenda of OPEN BORDERS, NO E-VERIFY and NO ENFORCEMENT of LAWS PROHIBITING THE EMPLOYMENT of ILLEGALS…even one!


Based in Chicago, Pritzker operates an international empire based on low-wage service work in Hyatt-operated hotels and nursing homes, along with several investment firms.

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PART OF OBAMA’S CRONISM IS OPEN BORDERS, NO E-VERIFY AND NO JOBS FOR LEGALS. EXACTLY THE SAME POLICIES THE U.S. CHAMBER of COMMERCE FOLLOWS. IT’S ALL ABOUT KEEPING WAGES DEPRESSED FOR HIS CRONIES!

THE MEXICAN OCCUPTION DEPRESSES WAGES FOR AMERICANS $300 TO $400 BILLION PER YEAR. PARTICULARLY HIT ARE BLACK AMERICANS.

The OBAMA – McCAIN Amnesty Promises NO E-VERIFY enforcement to Employers and NO BORDER enforcement to LA RAZA invaders.

…isn’t that what we already have going ????

Dream Act proposals are also a magnet for fraud. Many illegal immigrants will fraudulently claim they came here as children or that they are under 30. And the federal government has no way to check whether their claims are true or not.  REP. LAMAR SMITH


"It lets businesses that knowingly violated the law off the hook," Mr. Krikorian said. "If they were not withholding payroll taxes, they’re held harmless. If they were violating labor laws, they’re held harmless. So this is a boon for crooked business."… MARK KRIKORIAN

“Another force for amnesty is corporate America. Thousands of businesses have hired illegals in violation of U.S. law. Amnesty for their illegal workers means, de facto, amnesty for them”… PAT BUCHANAN

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THE REALITY OF OBAMA’S IN-SOURCING US INTO A THIRD WORLD DUMPSTER THAT WILL KEEP HIS WALL STREET PAYMASTERS HAPPY AND GENEROUS!


"Wage-cutting, speedup and the imposition of sweat shop conditions are at the heart of Obama’s strategy for doubling US exports by 2015. He has repeatedly boasted of his administration’s success in “insourcing” jobs back to the US, omitting to mention that these jobs often pay half their previous wage."

The danger, as Washington Post economics columnist Robert Samuelson argues, is that of “importing poverty” in the form of a new underclass—a permanent group of working poor.

 

Who is the real Barack Obama??? Is he only a performer addicted to photo-ops and red carpet appearances? Is he a closet Republican increasingly compared to one of America’s greatest disasters as a president, George W. Bush? Is he Mexico’s first LA RAZA SUPREMACY president?

…or simply the president for the 1%???


how do the la raza dems build their party base of illegals? no borders, no enforcement, no E-VERIFY, no legal need apply AND MUCHO DREAM ACTS of WEFLARE, OBAMACARE and now food stamps.


“The watchdogs at Judicial Watch discovered documents that reveal how the Obama administration's close coordination with the Mexican government entices Mexicans to hop over the fence and on to the American dole.” Washington Times

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Barack Obama… the man that conned an entire nation and still called it “CHANGE”… but was only Bush’s 3rd & 4th terms.


 

THE YEAR WAS 2009…

 

At the town hall in New Orleans, Obama appealed for patience. He said, “Change is hard, and big change is harder.” Is that the excuse? Now where have I heard that before? Oh, yeah. From George Bush.

 


OBAMA’S WAR ON AMERICANS (LEGALS) AND OUR HOMELAND SECURITY

However, today, with President Obama so ill-intentioned toward the United States and its future, negotiations between him and with those of us who oppose him are pointless.


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Obama’s America… the Rich Get Much Richer, Illegals Get the Jobs and Dream Acts of Welfare and the American Middle Class is Stuck With the Tax Bills for Wall Street and Mexico’s Looting.

OBAMAnomics:


CRONY KING OBAMA: CURL: The Obamas live the 1 percent life


OBAMA’S CRONY CAPITALISM: SOARING PROFITS FOR OBAM’S WALLL STREET LOOTERS! And then the jobs go to illegals!


IS OBAMA MERELY BUSH’S THIRD and FOURTH TERMS?

CRONY CAPITALISM      

Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses…and Muslim Dictators


OBAMA’S HAREM OF CORRUPT BANKSTERS… DO A GOOGLE FOR HOW MANY ENDED UP WORKING IN HIS ADMINISTRATION.

“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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