Americans murdered in Benghazi, scores more forced to watch
their lives ebb away while Obama’s Veterans Administration
callously refused them desperately needed medical treatments, and
hundreds of Mexicans (and at least one American border agent)
slaughtered as a result of Obama’s Fast and Furious gun-running
scandal. Watergate didn’t have body bags.
- The Benghazi terrorist attack – We have already touched on this deadly scandal, in which four Americans were slaughtered while the Obama administrated focused on coming up with a transparently false cover story about an “offensive video,” rather than protecting their lives, or seeking justice for their deaths. Thanks to Judicial Watch Freedom of Information Act (FOIA) lawsuits, we now know that (1) White House communications operatives manufactured the video cover story from whole cloth, and (2) the Obama gang (Hillary Clinton included) knew from the get-go it was a planned terrorist attack tied to al-Qaeda.
- The IRS targeting of conservative nonprofits – When this story broke in May 2013, the Obama administration, including Obama himself, was quick to blame “two lower-level employees in Cincinnati.” Subsequent investigations by Judicial Watch revealed that the Obama IRS witch hunt was orchestrated in its entirety from the agency’s headquarters in Washington, D.C., in collaboration with Democratic officials. And the scandal we uncovered included a plan by the Obama DOJ to work with the IRS to prosecute and jail citizen opponents of Obama.
- The Operation Fast and Furious gun-running operation – Eric Holder was found in contempt of Congress, and President Obama made a remarkable assertion of executive privilege in order to protect his attorney general from prosecution and to thwart Congress’ efforts to ferret out the truth about his deadly scandal. Rather than enforce the contempt charge, the Obama Justice Department ignored it. Only after Judicial Watch secured key court victories separately against the Justice Department did Congress, after two years of getting nowhere, get many of the documents it had been seeking. The Fast and Furious guns are being used in crimes to this day.
- Obamacare – Again, where does one start – and when does it stop? According the Free Beacon, Obama lied to the American people with his promise, “If you like your health insurance, you can keep it,” a total of 36 times between 2008 and 2013. To make matters even worse, last year Judicial Watch obtained 94 eye-popping pages of documents from the U.S. Department of Health and Human Services revealing that top Obama administration officials knew of, but concealed, security breaches within Obamacare’s website in the months leading up to the catastrophic rollout in order to protect Obama’s political interests rather than public safety.
- Executive order abuse – Using these unilateral executive actions to thwart laws against illegal immigration, enact a mortgage relief program, revamp the student loan debt program, strengthen the Federal Drug Administration’s power to ration prescription drugs, wreak regulatory havoc through the EPA, undo bipartisan welfare-reform law, and impose Common Core, Obama has acted more as despot than as a president.
OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
OBAMA’S CRONY CRIMINAL BANKSTERS!
Why else would he appoint her?
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.)”
TWO ILLEGALS BASEBALL BAT AND MACHETE TEEN IN TEXAS.
(CNSNews.com) -- Two illegal aliens in Walker County, Texas, have pleaded guilty to murdering and dismembering a 16-year-old high school student with a baseball bat and a machete in a national park nearly two years ago. According to investigators, the crime was a revenge killing ordered by the infamously violent Latin American gang Mara Salvatrucha, or MS-13.
Cristian Zamora, 22, and Ricardo Leonel Campos Lara, 19, both from El Salvador, pleaded guilty on April 17 to aiding and abetting each other and others with the murder of 16-year-old Josael Guevara on Sept. 23, 2013
Planning for the looming OBAMA GREATER DEPRESSION:
OBAMANOMICS: IS IT WORKING???
Millionaires projected to own 46 percent of global private wealth by 2019
By Gabriel Black
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
18 June 2015
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.
At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.
In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.
This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.
While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.
Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.
Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.
The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.
An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. While the rich also saw their wealth drop during the recession, they are more than making that money back. Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.
As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”
Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.
The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”