Not a single major bank has been closed down or broken up since the 2008 crash, triggered by reckless and illegal speculative activities. Not a single bank CEO or top official has been prosecuted or jailed for crimes that have led to the impoverishment of countless millions of people.
Wednesday’s settlement is further evidence of the reassertion of the aristocratic principle in contemporary capitalist society: there is one set of laws for the vast majority, the working people, and an entirely different legal framework for the financial oligarchs—one that can be summed up with the phrase “Anything goes.”
AMERICAN BANKS and the CATASTROPHIC DEATH OF AMERICA
The 2008 crash and subsequent developments have revealed certain fundamental realities about American society. All of the official institutions, including the presidency, the courts, Congress and the financial regulators, have worked single-mindedly to shield the banks and the financial elite and enable them to grow even richer.
THE OBAMA ASSAULT ON OUR PENSIONS
BIGGER PROFITS FOR HIS WALL STREET DONORS IF PENSIONS ARE SLASHED
“Feinberg, who as the Obama administration’s “pay tsar” rubber- stamped multimillion-dollar executive bonuses to Wall Street banks bailed out with taxpayer funds, will now be given power to slash workers’ benefits at his discretion.”
OBAMA-CLINTONomics: the never end war on the American middle-class. But we still get the tax bills for the looting of their Wall Street cronies and their bailouts and billions for Mexico’s welfare state in our borders.
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.
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.
OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.
The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.
HILLARY CLINTON – SERVANT of the 1%, her FIRST FAMILY of CRIME, MUSLIM DICTATORS and the MEXICAN FASCIST PARTY of LA RAZA…. can we really afford more OBAMANOMICS?
THE CRONY CLASS:
OBAMACLINTONOMICS was created by BILLARY CLINTON!
Income inequality grows FOUR TIMES FASTER under Obama than Bush.
“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”
“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER
OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM
The corporate cash hoard has likewise reached a new record, hitting an estimated $1.79 trillion in the fourth quarter of last year, up from $1.77 trillion in the previous quarter. Instead of investing the money, however, companies are using it to buy back their own stock and pay out record dividends.
Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.
PATRICK BUCHANAN: OBAMA’S ASSAULT ON AMERICA BEGINS AT OUR BORDERS
“Yet nothing that happens on these borders imperils America so much as what is happening on our own bleeding border with Mexico.” Patrick Buchanan
JUDICIAL WATCH SOUNDS THE ALARM!
THE ILLEGALS’ CRIME TIDAL WAVE in our
OPEN and UNDEFENDED BORDERS!
“In all, the newspaper identified 424 released illegal immigrants convicted of sex-related crimes in the records obtained under the lawsuit. Around half appeared in the national public sex offender registry as required by law. Of the registered sex offenders, 53 failed to re-register after ICE released them and the agency didn’t bother to follow up.” JUDICIAL WATCH
AMERICA’S THIRD-WORLD INVASION
… isn’t it really ONLY about keeping wages depressed???
AN AMERICAN SEES and SPEAKS…
REALITY OF THE LA RAZA SUPREMACIST OCCUPATION:
I'm half Mexican, I live on the U.S. / Mexico international border - exactly 1.6 miles from the International bridge.
Listen, the VAST majority of these ILLEGAL SQUATERS do NOT - I repeat - DO NOT want to become U.S. citizens.
They see the U.S. as a MEAL TICKET, they DON'T want to pay taxes, wave an American flag, learn our language or follow our laws.
Mexico - far, far away from the fancy seaside resorts some of you all may have visited is a HELL HOLE.
These ILLEGAL ALIENS see the U.S. as an extension of "their area" with NO CONCERN or aspirations to be "Americans."
"The American Southwest seems to be slowly returning to the jurisdiction of Mexico without firing a single shot." --- Excelsior, the national newspaper of Mexico
40% of Federal Criminal Cases in 2013 Were in Districts on Mexican Border
Non-deportation rate drops — to 99.2 percent
Saturday, May 18, 2013
The Homeland Security Department has granted legal status to 99.2 percent of all illegal immigrants who have applied under President Obama's new non-deportation policy for young adults, according to the latest numbers released Friday.
DEPORTATION LIES: Obama’s conspiracy to surrender to our borders to Mexico as he fights for the borders of Muslim dictators over there.