Cha-ching: Obama fills top ambassador jobs with donors, friends | WashingtonExaminer.com
Fed “taper” decision points to deepening financial crisis
On fifth anniversary of Wall Street crash, Obama tries the Big Lie technique
17 September 2013
On Monday, US President Barack Obama marked the fifth anniversary of the Wall Street crash of September 15, 2008 with a White House speech that only underscored the unbridgeable chasm that separates the entire political establishment from the broad mass of working people.
Forbes magazine reported that the wealth of the 400 richest Americans had climbed to $2 trillion, a jump from $1.7 trillion in 2012.
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.
In fact, real median household income dropped in every year of Obama's first term. In 2008, when he was elected, it was $53,644. In 2009, the year he was inaugurated, it dropped to 53,285. In 2010, his second year in office, it dropped to $51,892. In 2011, his third year in office, it dropped to $51,100. And, in 2012, his fourth year in office, it dropped to $51,017. At the same time the number of people living in poverty in the United States increased. In 2008, according to the Census Bureau, there were approximately 39,829,000 people living in poverty in this country. In 2012, there were 46,496,000. That is an increase of approximately 6,667,000—of 16.73 percent—from 2008 to 2012. - See more at: http://cnsnews.com/news/article/terence-p-jeffrey/census-obama-s-1st-term-real-median-income-down-2627-people-poverty#sthash.FQzjmLm9.dpuf
"I think it was a very, very bad announcement
yesterday that the economy is a lot worse off, and I
think in time that will prove to be the case," Paul
THE LONG HISTORY of BARACK OBAMA and HIS CRIMINAL BANKSTER DONORS JP MORGAN… STILL LOOTING AMERICA AND THE WORLD!