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, 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.
In fact, The Obama Administration’s policies have been aimed at reviving US manufacturing on the basis of a significant reduction of workers’ wages.
As a result of these policies, the National Employment Law Project concluded in 2014 that “While the manufacturing sector has grown in recent years, wages are lower, the jobs are increasingly temporary, and the promised benefits have yet to be realized.”
THE RISE OF BARACK OBAMA and the FALL of AMERICA
HOW A SOCIOPATH CONNED A NATION CALLING IT “HOPE & CHANGE” AND THEN BECAME GEORGE BUSH’S THIRD & FORTH TERMS ON STEROIDS.
THE MAN THAT CALLED HIS HOAX “HOPE & CHANGE”
'Incompetent' and 'liar' among most frequently used words to describe the president: Pew Research Center
“The larger fear is that Obama might be just another corporatist, punking voters much as the Republicans do when they claim to be all for the common guy.”
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.
OBAMA’S CRONY BANKSTERS DESTROY THE GLOBAL ECONOMY
OBAMANOMICS: The escalation of global financial parasitism
OBAMAnomics: OBAMA AND HIS WALL STREET CRONIES LOOTING AMERICA!
These are only the most striking of a barrage of numbers reported in recent weeks, demonstrating that for the US financial aristocracy, the Crash of 2008 has been used to engineer a historic redistribution of wealth.
OBAMAnomics at work: How Barack Obama looted America for his Wall Street paymasters:
In all, the research team behind the Forbes Billionaires list found a total of 1,645 billionaires worldwide as of February 12, with a combined net worth of $6.4 trillion, an increase of $1 trillion from 2013. The number of new billionaires, at 268, was the highest figure in the report’s history.
Wall Street profits and the widening social divide in America
The profits of the biggest US banks continued to swell in the second quarter of this year, even as the impact of five years of mass unemployment, stagnant economic growth and brutal cuts in social spending produced a further rise in poverty, homelessness and hunger.
Obama’s “recovery” and the social crisis in America … the recovery that NEVER was!
Sage Foundation: Wealth "Inequality" Will Continue to Worsen.
Wealth inequality increased significantly from 2003 through 2013; by some metrics inequality roughly doubled…. that’s music to the ears of Hillary’s WALL STREET CRONIES!
POLL: OBAMA NOT HONEST… Obama is what happens when illegals vote!
SCUMBAG-IN-CHIEF – most Americans (Legals) have finally caught on that Obama is simply a CON MAN!
POLL: MOST INCOMPETENT AND DISHONEST PRESIDENT SINCE…. Well, isn’t Obama merely Bush’s THIRD and FOURTH TERMS??
OBAMA’S CRONY CAPITALISM – A NATION RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.