Friday, April 24, 2015

AS OBAMA PUSHES OUR BORDERS OPEN WIDER TO KEEP WAGES DEPRESSED - Most US states saw jobs losses in March

Most US states saw jobs losses in March


“When companies pay too little for workers to provide for their families, workers rely on public assistance programs to meet their basic needs,” Ken Jacobs, chair of the labor center and co-author of the new report said in a press release.

Thus, at the state and federal level, the US government subsidizes companies that pay poverty wages, to the tune of $153 billion per year.

According to the report, workers in a diverse range of occupations systematically rely on public assistance, and in staggering proportions, including frontline fast-food workers (52 percent), childcare workers (46 percent), home care workers (48 percent) and even part-time college faculty (25 percent).

While Wall Street executives are making record bonuses, four out of 10 bank tellers in New York City are forced to rely on some form of public assistance because their wages are too low to survive.


OBAMA’S CRONY BANKSTER-DRIVEN ECONOMY

First he  sabotaged America’s borders and then invited endless waves of illegals to grab America’s jobs and keep wages depressed.

Then he went after America’s pensions, medicare and social security towards his design of destroying the American middle-class.

AND IT’S WORKING!



“Goldman Sachs, JPMorgan Chase, Bank of America (ALL MAJOR DONORS TO BARACK OBAMA) and every other major US bank have been implicated in a web of scandals, including the sale of toxic mortgage securities on false pretenses, the rigging of international interest rates and global foreign exchange markets, the laundering of Mexican drug money, accounting fraud and lying to bank regulators, illegally foreclosing on the homes of delinquent borrowers, credit card fraud, illegal debt-collection practices, rigging of energy markets, and complicity in the  Bernie Madoff Ponzi scheme.


THE ASSAULT on the AMERICAN MIDDLE-CLASS by the DEMOCRAT PARTY:
“By large margins, even in opinion polls conducted by the corporate-controlled media, the American people support sharp increases in taxes on the wealthy to fund social programs and provide jobs for the unemployed; they oppose cuts in Social Security and Medicare and view education, health care and other public services as basic rights; they oppose government spying on the telephone and Internet usage of ordinary Americans, as well as other police-state measures; and they oppose overseas military interventions in the Middle East, Africa and Asia. The Democratic and Republican presidential candidates stand on the other side of the barricades on all these issues.”
 
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.”
 
Net Job Growth Since
Recession Still To Foreign-Born
“The Bureau of Labor Statistics’ March job’s data released Friday — as in previous months — again shows that net employment growth in the U.S. since the beginning of the recession has gone to foreign-born workers.”
“From the beginning of the recession in December of 2007 through March of this year, while the native-born population has experienced a net decline in employment, their foreign-born counterparts have experienced a net increase.”
WHY DOES OBAMA HATE AMERICA  SO?
THE OBAMA REGIME’S ASSAULT ON THE AMERICAN BORN WORKER
RATCHETED UP ONCE AGAIN!
THE OBAMA SUPER DEPRESSION AT HAND: Crony capitalism and the
Obama administration at work for the 1%
Global financial markets are on the road to another crash, with consequences even more serious than the collapse of September 2008. There have been a series of dire warnings from within the ruling class itself that present monetary policies have created massive financial bubbles with devastating consequences.


MELTDOWN

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”.

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.





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