* On Tuesday, helicopter maker Bell Helicopter announced 1,100 layoffs at its facility in Lafayette, Indiana.
* On Friday, Pennsylvania-based software developer Unisys announced plans to slash 8 percent of its global workforce, including 1,800 workers in North America.
* On April 24, pharmaceutical company Procter & Gamble announced that it would eliminate up to 6,000 office jobs worldwide. Since 2012, the company has slashed more than 20,000 office and manufacturing jobs.
* On April 20, United States Steel Corp. issued layoffs to 1,404 employees, concentrated mostly in Texas. Since June, the company has announced plans to eliminate 7,800 US positions, according to the Pittsburgh Business Times.
* That same day, oilfield services company Halliburton said it had cut 9,000 jobs, amounting to over ten percent of its workforce.
* On April 16, Halliburton's rival Schlumberger announced another 11,000 job cuts, on top of the 9,000 it implemented in January.
The negative figures follow the announcement by the Labor Department earlier this month that the US economy added only 126,000 jobs in March, the smallest job growth since 2013. The March figure was half the number predicted by economists.
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.
“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.”
HILLARY CLINTON: A
dedicated disciple of OBAMANOMICS – Why else would his banksters invest so much
in her???
“That her candidacy is announced without calling for
any particular policies underscores the fact that the election is not about the
American people deciding the course of policy, but rather the vetting of
candidates to serve the interest of the financial oligarchy.”
“There is, of course, no acknowledgment that Clinton was part
of an administration that oversaw and continues to oversee the greatest
transfer of wealth from the bottom to “those at the top” in US history.”
HILLARY CLINTON: GLOBAL LOOTER LIKE A THIRD-WORLD DICTATOR IN
THE MAKING!
“Schweizer: Clinton Donors, Relatives Got Rich Off Haiti
Contracts, US Taxpayers”
“Clinton Cash” author
Peter Schweizer reported on the US taxpayer money and contracts in Haiti
profited Clinton Foundation donors and Clinton relatives.”
Clinton Foundation Put On Watch List Of Suspicious
‘Charities’
“This
decision wasn’t made because of the Clinton Foundation’s remarkably lucrative
sideline as a uranium superstore for Russian strongmen, but because its
finances are opaque and dishonest, and because such a tiny amount of the money
it rakes in actually goes to charitable endeavors. “The Clinton family’s
mega-charity took in more than $140 million in grants and pledges in 2013 but
spent just $9 million on direct aid,” notes the New York Post. “The
group spent the bulk of its windfall on administration, travel, and salaries
and bonuses, WITH THE FATTEST PAYOUTS GOING TO FAMILY FRIENDS.”
JUDICIAL WATCH:
STATE DEPT. DOCS REVEAL CONCERN ABOUT BILL CLINTON’S
ACTIVITIES WITH SAUDI DICTATORS
Hillary Clinton bellies with the 9-11 invading Saudi
dictatorship like Obama. She’s collected her bribes for pushing the Bush-Saudi
wars against Iraq and Obama smells the dirty Saudis loot coming for his
presidential libaray!
HOW TO BUY HILLARY
CLINTON: From selling overnights at the White House, she’s become a
multi-continent influence peddler.
“Hillary Clinton takes a course of action that benefits
those donors, in many cases, I think, outlined in the book, she is reversing
course on policy prescriptions.”
“Schweizer said he had found “a pattern of behavior…the
proof is, you look at a series of actions in which money flows to the Clintons,
either through speaking fees or Clinton Foundation donors.”
IMF PREDICTS THAT OBAMANOMICS and the GLOBAL LOOTING BY
OBAMA’S CRIMINAL CRONY BANKSTERS WILL SOON DESTROY THE AMERICAN ECONOMY.
The International Monetary Fund
warned Wednesday that the world economy would remain locked in a pattern of
slow growth, high unemployment and high debt for a prolonged period. The
forecast, contained in the organization’s updated World Economic Outlook (WEO),
marks a shift from previous economic projections in acknowledging that there is
little prospect of a return to the growth levels that prevailed prior to the
2008 Wall Street crash.
The document’s grim analysis
amounts to a tacit acknowledgement that the crisis ushered in nearly seven
years ago by the financial meltdown is of a historical and fundamental
character, and that the underlying problems in the global capitalist system
have not been resolved.
“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.”
THE LOOTING OF AMERICA: BARACK OBAMA AND HIS CRONY
BANKSTERS set themselves on America’s pensions next!
The new aristocrats,
like the lords of old, are not bound by the laws that apply to the lower
orders. Voluminous reports have been issued by Congress and government panels
documenting systematic fraud and law breaking carried out by the biggest banks
both before and after the Wall Street crash of 2008.
Goldman
Sachs, JPMorgan Chase, Bank of America 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.
MUCH, MUCH MORE ON
OBAMA’S ECONOMIC CRIMES PERPETRATED ON BEHALF OF HIS CRONIES ON THE AMERICAN
MIDDLE-CLASS
One
government-organized settlement has followed another, utilizing “deferred
prosecution” deals and other gimmicks to allow Wall Street CEOs to get off
scot-free. All the banks have had to do is pay largely fictitious fines, much
of the nominal amount written off as tax credits.
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.”
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