Thursday, April 23, 2015

THE DEATH of the AMERICAN MIDDLE-CLASS Media tributes for Victor Gotbaum, union leader who saved banks in 1975 New York City fiscal crisis

Media tributes for Victor Gotbaum, union leader who saved banks in 1975 New York City fiscal crisis


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.



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.”

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.
 
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.”


 
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.”


CRONY CAPITALISM… predicated on keeping wages depressed to third world levels for his billionaire donors!  

Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses…and Muslim Dictators



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.”

 
US Bankruptcy Judge Steven Rhodes and the
 
LOOTING of the LEGALS

ASSAULT ON AMERICAN PENSIONS IS THE NEXT PHASE OF THE

DEMOCRAT PARTY, OPERATING IN COLLUSION WITH LAWYERS

AND WALL STREET CRONIES WAR ON THE AMERICAN MIDDLE

CLASS.

THEY’VE ALREADY HANDED MILLIONS OF  OUR JOBS TO ILLEGALS

AND BILLIONS IN WELFARE…. you tax dollar at work!?!

 

http://mexicanoccupation.blogspot.com/2015/03/wall-street-owned-disciple-of.html

 
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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