REALITY of HOPE & CHANGE…. will
we survive Wall Street’s ongoing looting?
State of the Union: A bankrupt
ruling class talking to itself
30 January 2014
President Barack Obama’s State of the Union speech was a cynical
propaganda piece, filled with fraudulent claims and promises that no one, least
of all his audience at the US Capitol, believes in the slightest.
With Obama’s speech Tuesday night one had more than ever the
sense of the president as chief representative of the financial aristocracy
that rules America, speaking to a house filled with millionaire congress
members and bought-and-paid-for representatives of big business.
CRONY CAPITALISM: OBAMA PROTECTS JP MORGAN, THE BIGGEST
BANKSTER CRIMINALS IN AMERICAN HISTORY, AND ONE OF OBAMA’S BIGGEST BANKSTER
DONORS!
Nearly five years after the greatest financial crash since
the Great Depression, triggered by rampant illegality and fraud on the part of
the major banks, not a single major institution or leading bank executive has
been indicted, let alone tried, convicted and jailed.
THE FINANCIAL ARMAGEDDON THAT AWAITS THE AMERICAN MIDDLE
CLASS IN 2014:
CRONY
CAPITALISM: Obama vows Wall Street’s looting will reach even greater dimensions
during 2014.
………….. and
his bankster donors’ profits are soaring!!!
NO ONE HAS WORKED HARDER FOR
CRONY CRIMINAL BANKSTER THAN
BARACK OBAMA… JAMIE DIMON IS ONE
OF OBAMA’S BIGGEST CONTRIBUTORS!
Why aren’t the Wall Street criminals prosecuted?
By Barry Grey
7 January 2014
In May 2012, only days after JPMorgan Chase’s Jamie Dimon revealed that his
bank had lost billions of dollars in speculative bets, President Barack Obama
publicly defended the multi-millionaire CEO, calling him “one of the smartest
bankers we’ve got.” What Obama did not mention is that Dimon is a criminal.
JPMorgan
is not the exception; it is the rule. Virtually every major bank that operates
on Wall Street has settled charges of fraud and criminality on a staggering
scale. In 2011, the Senate Permanent Subcommittee on Investigations released a
630-page report on the financial crash of 2008 documenting what the committee
chairman called “a financial snake pit rife with greed, conflicts of interest
and wrongdoing.”
These
multiple crimes by serial lawbreakers have had very real and very destructive
consequences. The entire world has been plunged into an economic slump that has
already lasted more than five years and shows no signs of abating. Tens of
millions of families have lost their homes as a result of predatory mortgages
pushed by JPMorgan and other Wall Street banks.
LOOTING – OBAMA CELEBRATES 5 YEARS OF WALL STREET CRONIES’
LOOTING
HOW
OBAMA PUNKED a NATION WHILE HIS WALL STREET CRONIES LOOTED IT: Obama to mark
fifth anniversary of financial crisis, highlight response - OBAMA ASSURES HIS
WALL STREET CRONIES THE BEST LOOTING IS STILL AHEAD! The Hill's Blog Briefing
Room
The rich
keep getting richer, combined net worth of America’s top 400 rises
By Associated Press, Updated:
Monday, September 16
RICH
GET RICHER: Forbes on Monday released its annual list of the top 400 richest
Americans. Most of the top rankings didn’t change, but the fortunes of the
majority of the elite club’s members grew, helped by strong stock and real
estate markets.
HIGHEST
TOTAL EVER: The people on the annual list posted a combined net worth of $2
trillion, up from $1.7 trillion a year ago. That marks their highest combined
value ever.
STILL
No. 1: Microsoft Corp. co-founder Bill Gates remains America’s richest man,
taking the top spot on the list for the 20th straight year with a net worth of
$72 billion, up from $66 billion a year ago.
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.
On fifth anniversary of Wall Street crash, Obama tries the Big Lie
technique
17 September 2013
http://mexicanoccupation.blogspot.com/2013/09/crony-capitalism-obama-celebrates-5.html
Forbes magazine reported that the wealth of the 400 richest Americans had climbed to $2 trillion, a jump from $1.7 trillion in 2012.
Wealth of world’s billionaires doubles since 2009…under Obama Bankster donors’ profits AND crimes have soared. So has poverty for Americans (legals), foreclosures and the number of illegals that get our jobs and welfare! Almost 70% of all illegals receive some kind of welfare along with our jobs!
Even as workers in the US and other countries have seen their incomes
plummet, the combined net worth of the world’s billionaires has doubled since
2009, according to a report published Tuesday by UBS and Wealth-X, a consultancy
that tracks super-rich individuals.
SUPER TOP WHY BILLIONAIRES LOVE OBAMA
more here:
In
2008, candidate Obama preached: "We need a president who will look out for
the interests of hardworking families, not just their big campaign donors and
corporate allies."… AND HE NEVER STOPPED LYING TO US OR LOOTING US ON
BEHALF OF HIS WALL STREET BANKSTERS.
WHY BILLIONAIRES LOVE OBAMA
TOP ECONOMIC MELTDOWN
GLOBAL
ECONOMIC MELTDOWN! THE GIFT of LOOTING THE ECONOMY FROM
CRONY KING OBAMA and HIS CRIMINAL WALL STREET BANKSTERS… does he still call it
“HOPE and CHANGE” or has Obama finally confessed to being BUSH’S THIRD and
FOURTH TERMS???
http://mexicanoccupation.blogspot.com/2013/10/what-banksters-and-their-politicians.html
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.
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