OBAMANOMICS: AS HIS
WALL STREET CRONIES LOOT…
“This
is Obama’s new “middle class,” working for half the wages of their grandparents
and barely keeping one step out of a homeless shelter.”
"Corporate
profits are at their highest share of GDP since World War II, while the portion
of national economic output going to labor has fallen to the lowest postwar
level."
"As for the state of Michigan,
which once had among the highest living standards for workers in the country,
it now ranks in the bottom 10 for per capita income in the US, barely ahead of
Mississippi, West Virginia, Alabama, Arkansas and other traditionally poor
states."
............. THE
ENTIRE REASON FOR AMNESTY AND OPEN BORDERS IS SO THE INVADING HORDES KEEP WAGES
DEPRESSED.
The (real) state of American society as 2015 begins
The
American political system is not a democracy; it is a plutocracy—a government
of, by and for the rich. The financial aristocracy of bankers and financial
parasites runs the country by means of the CIA, the military and a thoroughly bribed
retinue of politicians from the White House and Congress down to City Hall.
Washington resumes work on right-wing agenda
"Upon coming to office, however, Obama pursued the most right-
wing agenda in US history. It quickly emerged that whatever vague
promises he made were insincere, and that his administration
was committed to an acceleration of the policies of the Bush
administration—overseeing a historic transfer of wealth to the rich,
escalating military violence abroad, and deepening the attacks on
democratic rights within the United States."
wing agenda in US history. It quickly emerged that whatever vague
promises he made were insincere, and that his administration
was committed to an acceleration of the policies of the Bush
administration—overseeing a historic transfer of wealth to the rich,
escalating military violence abroad, and deepening the attacks on
democratic rights within the United States."
THE RISE OF BARACK OBAMA and the
FALL of AMERICA
FALL of AMERICA
HOW A SOCIOPATH CONNED A NATION CALLING IT “HOPE &
CHANGE” AND THEN BECAME GEORGE BUSH’S THIRD & FORTH TERMS ON STEROIDS.
CRONY CAPITALISM: HOW
OBAMA AND HIS CRONY BANKSTERS LOOTED
AMERICA – It’s a work still in progress!
AMERICA – It’s a work still in progress!
Washington resumes work on right-wing agenda
By Patrick Martin
5 January 2015
The Obama administration and the new Republican majority in Congress resume work this week on a right-wing agenda of militarism and attacks on the working class. President Obama returned Saturday from his 16-day vacation in Hawaii, while Congress prepared to open its new session on Tuesday.The 114th US Congress has the largest Republican majority in the House of Representatives since 1928, 246 to 189, and a 54 to 46 Republican majority in the US Senate. Given Senate rules, which require a 60-vote majority for most actions, and Obama’s veto power, which can be overridden only by a two-thirds vote of both houses, no significant legislation can be passed without bipartisan agreement between the two big-business parties.
Congressional Republicans and Democrats, speaking on Sunday morning television interview programs, indicated an array of areas where the two parties will collaborate, despite the public pretense of unbridgeable differences. The reality is that both parties are controlled by the ruling financial aristocracy and do its bidding on every serious matter.
One of the first items of business will be the passage of a congressional resolution to authorize the use of military force against the Islamic State in Iraq and Syria (ISIS), the Sunni fundamentalist group that Obama has targeted for air strikes in both countries since August.
Appearing on “Fox News Sunday,” the incoming chairman of the Senate Foreign Relations Committee, Bob Corker of Tennessee, said there would be further hearings on the war against ISIS in January and February. “What we are all hoping to happen is getting the White House to lay out a plan that has a plausible…way to the outcome that they rhetorically have outlined,” he said.
Most Senate Republicans are demanding a more sweeping anti-ISIS resolution than the one drafted by the outgoing Democratic majority on the committee, lifting any limitations on the duration or geographic scope of the intervention, as well as any restrictions on the deployment of US ground troops. Both Corker and Senator John McCain, the incoming chairman of the Armed Forces Committee, favor a more aggressive approach.
Congress has already appropriated billions in funding for the new war, as well as authorizing US training of thousands of Syrian “rebel” fighters. The actions of these forces will be aimed not only against ISIS, which has been the beneficiary of aid from the US and its allies in the US-backed civil war in Syria, but also at the overthrow of Syrian President Bashar al-Assad.
Some Senate Democrats have joined the Republicans in criticizing the administration from the right on foreign policy. The outgoing chairman of the Foreign Relations Committee, Democrat Robert Menendez of New Jersey, is vociferously opposed to Obama’s decision to open diplomatic relations with Cuba. Speaking on Sunday, he also criticized Obama’s description of the cyberattack on Sony Pictures as “an act of vandalism,” claiming it was a North Korean terrorist attack on a US-based company.
Menendez has already demanded that the State Department put North Korea back on its list of nations sponsoring terrorism, even though the administration has not produced any evidence of North Korean involvement in the attack on Sony Pictures, which many security experts blame on independent hackers.
The line-up on foreign policy—a virtually unanimous Republican caucus joined by a sufficient number of Democrats to pass legislation—is likely to set the pattern for actions on domestic policy as well, according to another leading Democrat, Senator Amy Klobuchar of Minnesota.
Klobuchar is a principal backer of one of the first new pieces of legislation supported by Senate Republicans. The measure would repeal a tax on manufacturers of medical devices that is part of the Obamacare program. She is joined by other liberals, including Al Franken of Minnesota and Elizabeth Warren of Massachusetts, from states where these manufacturers are headquartered.
Appearing on the ABC program “This Week,” Klobuchar said there would be “floating coalitions” involving different groups of Democrats joining with the Republican caucus on different issues. Among these issues are approval of the Keystone Pipeline to move Canadian tar sands oil to Texas Gulf Coast refineries, ratification of a Trans-Pacific Partnership trade agreement, the blocking of environmental regulations on coal mining and other energy-related industries, and a sizeable cut in the corporate income tax rate.
The overall spending level for most government departments, including all major social services, has been frozen through September 30 under the latest in a series of bipartisan budget deals aimed at imposing austerity on the working class. Republican congressional leaders have said they intend to return to “regular order” in the budget for Fiscal Year 2016, which begins October 1, making even deeper cuts in social spending.
In relation to the one issue left over from the lame-duck session of Congress, funding for the Department of Homeland Security (DHS), which is set to expire at the end of February, Republican Senator John Thune, incoming chairman of the Commerce Committee, said there would be no effort to shut down the department in order to force a change in the Obama administration’s enforcement of immigration policies.
The DHS includes not only Immigration and Customs Enforcement, which has deported more than two million undocumented workers under Obama, but also the Transportation Security Administration, the Secret Service, the Coast Guard, and a raft of other repressive agencies.
For all the racist and anti-immigrant demagogy of the Republican Tea Party elements, the party leadership is well aware that corporate America largely supports Obama’s immigration actions, which are aimed not at helping the undocumented, but at stabilizing the supply of labor for US agribusiness, construction and other sectors dependent on super-exploited low-wage labor.
In an interview with CNN, incoming Senate Majority Leader Mitch McConnell spoke effusively of the prospects of bipartisan collaboration in Washington. He said, “[W]hen the American people elect a divided government, they’re not saying they don’t want anything done. What they are saying is they want things done in the political center, things that both sides can agree on.”
Translated into plain language, “American people” means “financial bosses,” whose vast wealth manipulates the rigged two-party system. They “want things done in the political center”—in other words, in line with the consensus right-wing policies of the ruling elite. McConnell and House Speaker John Boehner will use the Tea Party zealots to push the Washington debate further to the right, but there will almost certainly be no government shutdowns or other actions that might destabilize the financial markets.
As for Obama and the Democrats, their real attitude to the incoming Republican majority was expressed most clearly in their muted response to the exposure of House Majority Whip Steve Scalise’s links to racist forces. Last week, a blogger uncovered the fact that the Louisiana Republican had spoken at a white supremacist meeting in suburban New Orleans in 2002, when he was a member of the state legislature.
Subsequent media investigations not only confirmed the appearance, but also brought to light comments by Scalise to the effect that he shared the politics of David Duke, but without the baggage of the former Ku Klux Klan leader. He was one of six state representatives in 2004 to vote against establishing Martin Luther King Day as a state holiday.
Republicans vociferously defended Scalise. Only one Democrat in Congress has called for him to step down from the leadership. The lone Democrat in the Louisiana congressional delegation, Cedric Richmond, an African American from New Orleans, declared his full support for Scalise, saying he was not going to let critics “use Steve as a scapegoat to score political points when I know him and know his family.”
There has not been a word from the Obama White House on the controversy, and no indication that it will put a crimp in his frequent pledges to work with the incoming congressional Republican leadership—in which Scalise is a major player.
SOARING
INCREASE IN WEALTH FOR BILLIONAIRES
…. soaring poverty, joblessness for LEGALS as billionaires
push for Obama’s AMNESTY to legalize Mexico’s looting and
keep wages depressed.
http://mexicanoccupation.blogspot.com/2015/01/amnesty-and-billionaires-wealth-of.html…. soaring poverty, joblessness for LEGALS as billionaires
push for Obama’s AMNESTY to legalize Mexico’s looting and
keep wages depressed.
SERVING THE 1%... AMNESTY, IT’S
ALL
ABOUT KEEPING WAGES DEPRESSED
ABOUT KEEPING WAGES DEPRESSED
Income inequality
grows FOUR TIMES
FASTER under Obama than Bush.
FASTER under Obama than Bush.
In the two advanced countries with the greatest income
inequality, Spain and the United States, job
losses and wage cuts accounted for nearly all the increase in inequality.
KEEPING WAGES DEPRESSED WITH ENDLESS HORDES OF ILLEGALS KEEPS OBAMA'S CRONY PAYMASTERS HAPPY AND LOOTING FOR MORE!
JUDICIAL WATCH.org
ON THE OBAMA PRESIDENCY:
With trillion dollar bailouts,
government-run healthcare, banks and car companies, ACORN
corruption, attacks on conservative media, illegal alien amnesty, unprecedented and dangerous
new rights for terrorists, perks for campaign donors—this is the Obama legacy—and we
haven't even gotten through the first year of his presidency!
corruption, attacks on conservative media, illegal alien amnesty, unprecedented and dangerous
new rights for terrorists, perks for campaign donors—this is the Obama legacy—and we
haven't even gotten through the first year of his presidency!
AMNESTY: The solution to keep wages
depressed
“A more recent national survey by the
Federal Reserve, based on 2013 data, suggests the problem has not only
persisted as the economy recovered but may even have worsened. More than 30
percent of Americans reported spikes and dips in their incomes. Among that
group, 42 percent cited an irregular work schedule; an additional 27 percent
blamed a span of joblessness or seasonal work.”
“In the two advanced countries with the greatest income
inequality, Spain and the United States, job losses and wage cuts accounted for nearly all the
increase in inequality.”
IS
OBAMA BUSH’S THIRD AND FOURTH TERMS ON STEROIDS?
Obama replaced George W. Bush, who left office the most
reviled president in US history. The election campaign was accompanied by an
enormous amount of media marketing, with a candidate who had no significant
political history packaged as the agent of “hope” and “change.”
"Upon coming to office, however, Obama pursued the most
right-wing agenda in US history. It
quickly emerged that whatever vague promises he made were insincere, and that his administration
was committed to an acceleration of the policies of the Bush administration—overseeing a historic
transfer of wealth to the rich, escalating military violence abroad, and deepening the attacks on
democratic rights within the United States."
quickly emerged that whatever vague promises he made were insincere, and that his administration
was committed to an acceleration of the policies of the Bush administration—overseeing a historic
transfer of wealth to the rich, escalating military violence abroad, and deepening the attacks on
democratic rights within the United States."
THE FORBES 400 ARE LOOTING AMERICA FOR EVERY
DROP OF BLOOD THEY HAVE NOT ALREADY STOLEN!
The Rise of bankster-owned Barack Obama and the final
looting of the American middle-class.
BARACK OBAMA will
finally leave office having destroyed the American middle-class, leaving a nation with staggering debts and open
borders invaded and looted by NARCOmex.
He will go off and collect tens of millions in backend bribes from his crony banksters in the form of “speaking fees”.
He will go off and collect tens of millions in backend bribes from his crony banksters in the form of “speaking fees”.
This “Hope and
Change” clown who was nothing more than Bush’s third and fourth terms on
steroids will continue to blame the republican party he hoped to destroy with
amnesty for 40 million looting Mexicans.
IMF report: No end to economic
breakdown
Almost six
years after the eruption of the global financial crisis, the International
Monetary Fund has effectively ruled out any return to the economic growth rates
that preceded September 2008.
HE
CONNED A NATION LIKE A CHICAGO HUCKSTER AND CALLED IT “HOPE and CHANGE” ONLY TO
BECOME BUSH’S THIRD AND FORTH TERMS ON STEROIDS!
A new ABC News poll has nothing
but heartache for Democrats and President Obama. By a wide margin of 52-42%,
voters see President Obama as a failed president. Americans also see Obama as
more of a divider than uniter. Only 38% believe President Obama is uniting the
country. A majority of 55% believe he's dividing the country.
The Employment
Situation of Immigrants and Natives in the Second Quarter of 2013
That
President Obama would lawlessly bring
in more cheap labor at the request of
corporate interests at a time when tens of
millions of Americans are unemployed speaks
volumes.
in more cheap labor at the request of
corporate interests at a time when tens of
millions of Americans are unemployed speaks
volumes.
INCOME
PLUMMETS UNDER OBAMA AND HIS WALL
STREET CRONIES
collapse of household income in the US… STILL BILLIONS IN
WELFARE HANDED TO ILLEGALS… they already get our jobs and are voting for more!
INCOME PLUMMETS UNDER OBAMA… most jobs go to
illegals.
AS
HIS CRONY BANKSTERS CONTINUE TO LOOT, INCOMES PLUMMET FOR
AMERICANS (LEGALS).
AMERICANS (LEGALS).
GOOD
TIME FOR AMNESTY FOR MILLIONS OF LOOTING MEXICANS?
MORE HERE:
http://mexicanoccupation.blogspot.com/2014/09/and-still-democrat-party-wants-millions.html
“The yearly income of a typical US household dropped by a
massive 12 percent, or $6,400, in the six years between 2007 and
2013. This is just one of the findings of the 2013 Federal Reserve
Survey of Consumer Finances released Thursday, which documents
a sharp decline in working class living standards and a further
concentration of wealth in the hands of the rich and the super-rich.”
massive 12 percent, or $6,400, in the six years between 2007 and
2013. This is just one of the findings of the 2013 Federal Reserve
Survey of Consumer Finances released Thursday, which documents
a sharp decline in working class living standards and a further
concentration of wealth in the hands of the rich and the super-rich.”
THE
OBAMA devastation of America (wall street's poster boy for corruption)
THE SPEEDING TRAIN WRECK TO DESTRUCTION: BARACK OBAMA'S CRONY
CAPITALISM, WALL STREET'S UNFETTERED LOOTING AND THE INVASION AND OCCUPATION OF
THE MEXICAN FASCIST PARTY of LA RAZA. . .. one man's utter destruction of
America!
ASSAULT ON THE AMERICAN WORKER RAGES ON UNDER THE GREAT
HISPANDERER OBAMA!
Labor Day 2014
Temp labor at record levels in US
By Andre Damon
2 September 2014
The Obama administration marked Labor Day 2014 with demagogic speeches by President Obama in Milwaukee and Vice President Joseph Biden in Detroit—speeches that were notable mainly for the brazenness of their dishonesty and cynicism.
Obama and Biden postured as partisans of what they referred to as the “middle class,” even as a number of reports emerged documenting the devastating decline in conditions for the working class under the current administration.
OBAMAnomics:
How Obama served his Wall
Street paymasters by rigging the economy to
keep it in the pockets of the 1%.
Street paymasters by rigging the economy to
keep it in the pockets of the 1%.
“The
stock market is booming, the Forbes
400 are richer than ever,
yet the conditions for youth and workers are disastrous. War
continues without end, and Obama has gone far beyond Bush in
rendering the Bill of Rights a dead letter.”
yet the conditions for youth and workers are disastrous. War
continues without end, and Obama has gone far beyond Bush in
rendering the Bill of Rights a dead letter.”
HOW BARACK OBAMA HELPED
WALL STREET LOOT AMERICA AND HANDED
MILLIONS OF JOBS OVER TO VOTING ILLEGALS:
http://mexicanoccupation.blogspot.com/2014/01/how-barack-obama-destroyed-america-for.html
CRONY OBAMANOMICS – HOW OBAMA
SQUANDERED AMERICA FOR HIS
LOOTING WALL STREET BANKSTERS!
http://mexicanoccupation.blogspot.com/2013/09/the-reality-of-obamas-crony-capitalism.html
$3.39T Quantitative Explosion: Fed Owns More
Treasuries
and MBSs Than Publicly Held Debt Amassed From
Washington Through Clinton.
and MBSs Than Publicly Held Debt Amassed From
Washington Through Clinton.
CRONY OBAMANOMICS – HOW OBAMA SQUANDERED AMERICA FOR HIS LOOTING
WALL STREET BANKSTERS!
http://mexicanoccupation.blogspot.com/2013/09/the-reality-of-obamas-crony-capitalism.html
$3.39T Quantitative Explosion: Fed Owns More
Treasuries and MBSs Than Publicly Held Debt Amassed From Washington Through Clinton.
POLL:
OBAMA NOT HONEST… Obama is what happens when illegals vote!
SCUMBAG-IN-CHIEF – most Americans (Legals) have finally caught
on that Obama is simply a CON MAN!
POLL: MOST
INCOMPETENT AND DISHONEST PRESIDENT SINCE…. Well, isn’t Obama merely Bush’s
THIRD and FOURTH TERMS??
wwii.html
SOCIOPATH
– OBAMA IS MERELY GEORGE BUSH IN DRAG
THE RISE of A SOCIOPATH NAMED BARACK OBAMA and the FALL OF
AMERICA.
IS OBAMA WHAT HAPPENS WHEN ILLEGALS VOTE?
THE
MAN THAT CALLED HIS HOAX “HOPE & CHANGE”
'Incompetent' and 'liar' among most frequently used words to
describe the president: Pew Research Center
“The larger fear is
that Obama might be just another corporatist, punking voters much as the
Republicans do when they claim to be all for the common guy.”
The lies, spin and then more lies… THAT IS OBAMA’S STAGED “HOPE and CHANGE”
performance after performance. He’s simply a fraudster… George Bush’s THIRD and
FOURTH TERMS!
http://mexicanoccupation.blogspot.com/2013/10/crony-capitalism-how-barack-obama-lied.html
BARACK OBAMA, LA RAZA FASCISM and the
CULTURE of DEM CORRUPTION
CULTURE of DEM CORRUPTION
They Destroyed Our
Country
“They
knew Obama was an unqualified crook; yet they promoted him. They knew Obama was
a train wreck waiting to happen; yet they made him president, to the great
injury of America and the world. They understood he was only a figurehead, an egomaniac,
and a liar; yet they made him king, doing great harm to our republic (perhaps
irreparable.)” ALLAN ERICKSON
The state of American society as 2015 begins
The state of American society as 2015 begins
6 January 2015
As the New Year begins, the social crisis gripping tens of millions of working people in the United States is worsening. Hunger, poverty and long-term joblessness remain at the highest levels in decades, while vital social services continue to be slashed.One would never know this from reading the press, watching the evening news, or listening to the statements of politicians. The official discourse is dominated by the supposed revival of the American economy, characterized by record corporate profits and stock prices. The fact that the great majority of the population finds it increasingly difficult to make ends meet finds no reflection in the media or official politics.
The incoming Republican-dominated Congress, working with the Obama administration, will focus on cutting corporate taxes and business regulations, planning new wars, and expanding the repressive apparatus of the state. No representative of the political establishment, including the supposedly outspoken liberal Elizabeth Warren and the “independent socialist” Bernie Sanders, is proposing any significant measures to address the deepening social crisis.
The constant of domestic policy—enthusiastically pursued by both big-business parties—is an unrelenting assault on the working class.
Critical social programs are being cut further. Last week, funding for a two-year temporary increase in fees paid to doctors who treat Medicaid patients expired, leading to a reduction in payments of up to 43 percent. The fee cut will lead doctors to stop accepting Medicaid patients under conditions where millions more low-income people are being added to the Medicaid rolls as part of Obamacare.
This week, the Center on Budget and Policy Priorities reported that another one million people are scheduled to lose food stamp benefits next year as a result of the imposition of a three-month limit on food stamps for childless adults. Federal food stamp funds were cut by billions of dollars on two separate occasions over the past three years.
These regressive and antisocial policies are being reproduced at the state and local level. The city of Detroit, which just exited from the largest municipal bankruptcy in US history after slashing municipal workers’ pensions and health benefits, is notifying the owners of 35,000 occupied homes that they will be foreclosed upon unless they pay back taxes. The threatened foreclosures could affect nearly 100,000 people, or one in seven of the city’s residents.
The announcement comes as the city continues the systematic shutoff of water service to tens of thousands of residents.
The Detroit bankruptcy has served as a model for plundering workers’ benefits and privatizing public facilities for other cities across the US. The mass foreclosure and water shutoff programs will similarly serve as a precedent for purging potentially valuable urban real estate of working-class and poor residents.
These policies will exacerbate the social crisis facing the working class, which has been devastated not only by the 2008 crash, but also by a “recovery” characterized by falling wages and worsening working and living conditions.
Falling wages have contributed to a rise in poverty, which increased from 12.6 percent of the population in 2007 to 14.5 percent in 2013. According to the Census Bureau’s Supplemental Poverty Measure (SPM), 47 percent of Americans have incomes below 200 percent of the official poverty level, making half of the country either poor or near poor.
According to one study using the SPM as a baseline, “Nearly two-thirds of New York City residents struggled to make ends meet at some point during 2012.”
Nearly one in four US children lives in poverty, the highest level in 20 years. One in five children does not get enough to eat, and the overall rate of food insecurity has grown from 11 percent in 2007 to 16 percent in 2013.
While the official unemployment rate has declined, the share of working-age men who are employed hit its lowest level on record in November 2014. This figure has fallen from 86.7 percent in 1948 to 69 percent today. The share of employees working at temp agencies has climbed during the economic “recovery.” More than 12 million people, or ten percent of the labor force, worked for a temporary employment agency at some point in 2013.
The share of the national income going to the richest 1 percent, and, above all, the top 0.1 and 0.01 percentiles, grows by leaps and bounds. Democracy can be nothing but a hoax in a society characterized by such levels of inequality.
The American political system is not a democracy; it is a plutocracy—a government of, by and for the rich. The financial aristocracy of bankers and financial parasites runs the country by means of the CIA, the military and a thoroughly bribed retinue of politicians from the White House and Congress down to City Hall.
Last week, Bloomberg reported that “three of the country’s wealthiest political contributors each saw their net worth grow in 2014 by more than $3.7 billion, the entire cost of the midterm elections.” This means that it is within the capacity of one person to buy not just a few congressmen or senators, but an entire election. Nothing that in any way challenges the interests of the oligarchy can be broached, much less implemented, within this framework. The “partisan gridlock” that prevails in Congress is largely a form of political theater for the purpose of deceiving the public and obscuring the overriding bipartisan consensus for austerity at home and war abroad.
The growing divergence between the needs and aspirations of the great majority of the population and an increasingly sclerotic political system, expressed in the record low turnout in last year’s election, must ultimately produce revolutionary consequences. There are already signs, such as the wave of protests against police killings, of mass social struggles to come.
They can succeed only if they take the form of an independent political struggle of the working class against both parties of big business and the capitalist system they defend.
Andre Damon
THE “HOPE and CHANGE” CLOWN BARACK OBAMA LEAD THE NATION INTO
MASSIVE BAILOUTS FOR CRONY BANKSTERS, MILLIONS OF JOBS FOR ILLEGALS, BILLIONS
OF DOLLARS IN WELFARE
TO ILLEGALS AND A NATIONAL DEBT GREATER THAN ALL THE PRESIDENTS PUT TOGETHER. THERE WAS NO CHANGE FROM BUSH. OBAMA SIMPLY
IS BUSH’S THIRD AND FOURTH TERMS ON STEROIDS.
MITT ROMNEY:
“Under President Obama the rich have gotten
richer, income inequality has gotten worse and there are more people in poverty
in American than ever before,” Mr. Romney said, according to The New York
Times.
Romney laid out three pillars for a
potential new campaign, according to the Associated Press,
which would focus on national security, providing more opportunity to the
middle class, and “breaking the scourge of poverty.”
"It's a tragedy, a human tragedy, that
the middle class in this country by and large doesn't believe that the future
will be better than the past."
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