Wednesday, February 5, 2014

THE LOOTING of the AMERICAN MIDDLE CLASS: After Detroit bankruptcy ruling, Chicago mayor leads charge on pension cuts


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.



POVERTY IN AMERICA

UNDER OBAMA IT IS SOARING POVERTY FOR AMERICANS BUT STILL SOARING PROFITS FOR HIS BANKSTER DONORS!


THERE ARE MILLIONS OF ILLEGALS IN OUR JOBS AND BILLIONS IN WELFARE HANDED OVER TO ILLEGALS SO THEY KEEP COMING AND KEEP WAGES DEPRESSED FOR THE BENEFIT OF THE POLITICIANS’ PAYMASTERS!

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
 
http://mexicanoccupation.blogspot.com/2013/09/obama-to-mark-fifth-anniversary-of.html


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.

 

No comments: