Saturday, September 14, 2013

AMERICA'S LOOTERS - Barack Obama and his Wall Street donors


LEHMAN BROTHERS Obama’s partners for the looting of America for the 1%

Five years since the collapse of Lehman Brothers…. WALL STREET’S PLUNDER of AMERICA UNDER OBAMAnomics ONLY LOOKS BRIGHTER!

HE WILL GO DOWN IN HISTORY AS THE BIGGEST CON JOB THAT WAS EVER ELECTED TO THE PRESIDENCY, AND NOTHING MORE THAN BUSH’S THIRD and FOURTH TERM.

HIS WILL BE THE GOLDEN AGE OF WALL STREET’S LOOTING OF AMERICA DURING WHICH TIME MILLIONS OF AMERICANS LOST THEIR JOBS AND THEN WERE HANDED THE TAX BILLS TO PAY FOR OBAMA’S DONORS’ WALL STREET CRIMES!


The labor share of national income has fallen from 62 percent before the eruption of the financial crisis to around 59 percent today. With US gross domestic product at about $15 trillion, this means that some $450 billion has been gouged out of the working class to finance the further enrichment of the financial aristocracy.


the figures are in on Obama’s looting of America for Wall Street!

STAGGERING POVERTY IN AMERICA CAUSED BY OBAMA, HIS CRONIES AND WALL STREET DONORS…AND THEN ILLEGALS GET THE JOBS!

http://mexicanoccupation.blogspot.com/2013/09/obamanomics-and-obamas-crony-capitalism.html


According to a new report by University of California Berkeley Professor Emmanuel Saez, the gulf between the wealthy and the rest of society has sharply expanded under Obama. The richest one percent now monopolize more than 22 percent of all household income in America. The richest ten percent of the population now control more than half of the nation’s income, 50.4 percent—the highest proportion since the government began collecting income statistics in 1917.

Since 2009, the richest one percent has captured a staggering 95 percent of all income gains. The class war policies of the government—including bank bailouts, “quantitative easing” and an attack on wage and benefits for the working class—have led to a 31.4 percent rise in income for the top one percent. The wealthy have more than recovered the losses that came from the Wall Street collapse of 2008.

Meanwhile, the bottom 99 percent has seen a negligible 0.4 percent rise in income. Tens of millions of workers—who never recovered from the record household income drop of 2007 to 2009—continue to reel from the effects of mass job losses, falling wages, home foreclosures, indebtedness and social service cuts.

CRONY CAPITALISM ...the rise of Barack Obama and the fall of America!

OBAMA'S ASSAULT ON AMERICA -WHY WALL STREET, ILLEGALS, CRIMINAL BANKSTERS and the 1% LOVE HIM, AND THE MIDDLE CLASS GETS THE SHAFT TO PAY FOR HIS CRONY CAPITALISM

more at this link – post on your Facebook and email broadcast


CEO pay is higher than ever, as is the chasm separating the rich and super-rich from everyone else. The incomes of the top 1 percent grew more than 11 percent between 2009 and 2011—the first two years of the Obama “recovery”—while the incomes of the bottom 99 percent actually shrank.

Meanwhile, Obama is pressing forward with his proposal, outlined in his budget for the next fiscal year, to slash $400 billion from Medicare and $130 billion from Social Security… AS WELL AS WIDER OPEN BORDERS, NO E-VERIFY, NO LEGAL NEED APPLY TO KEEP WAGES DEPRESSED

The goal of the Obama administration, working with the Republicans and local governments, is to roll back the living conditions of the vast majority of the population to levels not seen since the 19th century, prior to the advent of the eight-hour day, child labor laws, comprehensive public education, pensions, health benefits, workplace health and safety regulations, etc.

In response to the ruthless assault of the financial oligarchy, spearheaded by Obama, the working class must advance, no less ruthlessly, its own policy.



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