"In reality, Wall Street is celebrating the sharp reduction of workers’ wages and living standards that have sparked record corporate profits and the Fed’s policy of unlimited free money, which has fueled a new speculative bubble. Behind this, however, are intractable contradictions in the US and world economy, which will inevitably lead to a new market “correction."
Obama's 'Hispanicazation' of America
January 10, 2011
By: James Walsh
Casting a shadow on economic recovery efforts in the United States is the cost of illegal immigration that consumes U.S. taxpayer dollars for education, healthcare, social welfare benefits, and criminal justice. Illegal aliens (or more politically correct, “undocumented immigrants”) with ties to Mexican drug cartels are contributing to death and destruction on U.S. lands along the southern border.
While the declining job market in the United States may be
discouraging some would-be border crossers, a flow of
illegal aliens continues unabated, with many entering the
United States as drug-smuggling “mules.”
GOOD TIME TO HAND AMNESTY TO 40 MILLION LOOTING MEXICANS AND LET THE DEMS EXPAND THE LA RAZA WELFARE STATE IN OUR BORDERS???
Wall Street profits and the widening social divide in America
17 July 2013
The profits of the biggest US banks continued to swell in the second quarter of this year, even as the impact of five years of mass unemployment, stagnant economic growth and brutal cuts in social spending produced a further rise in poverty, homelessness and hunger.
CRONY CAPITALISM at work
Obama’s “recovery” and the social crisis in America … the recovery that NEVER was!
even now Obama and the Democrat party are conspiring to hand millions more jobs to illegals and billions more in welfare to LA RAZA and their bankster paymasters!
Sage Foundation: Wealth "Inequality"
Will Continue to Worsen
Written by Bob Adelmann
In another so-called research study about wealth inequality, the liberal think-tank Sage Foundation said in June that while the super-rich have fully recovered from the Great Recession, the vast majority of Americans have not. Specifically their report shows that median household net worth “was $32,000 lower in 2013 than it was 10 years earlier,” a decline of 36 percent. It concluded:
These wealth losses, however, were not distributed equally.… Wealth inequality increased significantly from 2003 through 2013; by some metrics inequality roughly doubled.
CRONY CAPITALISM at work:
Obama’s “recovery” and the social crisis in America … the recovery that
Sage Foundation: Wealth "Inequality" Will Continue to Worsen.
climbing our borders now for it!
He will go off and collect tens of millions in backend bribes from his crony banksters in the form of “speaking fees”.
IMF report: No end to economic