Tuesday, June 2, 2015

AMERICA WAKES UP TO OBAMANOMICS AT THEIR THROATS - Baltimore’s Descent into Hell

Baltimore’s Descent into Hell

Planning for the looming OBAMA GREATER DEPRESSION:


 

In the aftermath of the 2008 financial crisis, on the other hand, none of the basic causes of the crash, including the enormous size of the global financial sector and its pervasive criminality, have been even remotely addressed. Rather, under the guidance of the Obama administration, the dominant position of Wall Street in economic, social and political life has only been entrenched and expanded.

*

Hillary’s onboard with Obama’s banksters and has already loaded up her phony charity with their bribes!



UNIONS ASSAULT THE AMERICAN WORKER… just like the
Democrat Party, Wall Street, LA RAZA Fascist Party, and Mexico

“In city after city, minimum wage laws have included union exemptions. The pro-business US Chamber of Commerce published an extraordinary report last year, “Labor’s Minimum Wage Exemptions: Unions as the ‘Low-Cost’ Options” which provided details about many of these ordinances.”


“After decades of betrayals, the unions are incapable of boosting membership through appeal to workers. Instead, with the backing of a host of pseudo-left supporters, the minimum wage ploy is being used to entice employers to install unions in their workplaces and funnel money from workers’ already meager paychecks into the bank accounts of the union executives.”


THE OBAMA DOCTRINE: The Rich Must Get Richer Or Be Bailed Out by the American Middle-Class!



Transfer America’s economy to the richest. Destroy the American middle-class and expand Mexico’s welfare state on the backs of the American people to keep wages depressed!





THE DEMOCRAT PARTY HAS, WHILE THE GOP WATCHED, TURNED AMERICAN INTO MEXICO’S JOBS, WELFARE AND DRUG MARKET.

“The percentage of foreign-born workers in the U.S. labor force has more than tripled over the last four decades and while the U.S. represents just 5 percent of the world’s population it attracts 20 percent of the world’s immigrants, according to a new report.”


 
 
 
 

NARCOMEX ON THE VERGE OF IMPLOSION ON AMERICA'S OPEN and UNDEFENDED BORDERS - Mexican elections overshadowed by political crisis

Mexican elections overshadowed by political crisis

Mexican elections overshadowed by political crisis

By Don Knowland
2 June 2015
Mexicans will vote Sunday June 7 in legislative elections for the lower house of the Mexican Congress—the Chamber of Deputies—along with governors in nine of Mexico’s 31 states, state legislators and municipal presidents. The vote is overshadowed by a profound crisis of rule for Mexico’s capitalist political establishment.

Eighty three million Mexicans are registered to vote. But the turnout will be far lower, likely well under 50 percent.

There is widespread and pervasive disgust in Mexico with a ruling class that is viewed as rotten and corrupt, from politicians and the state bureaucracy, to big business and financiers, along with the major media and the narcotics mafias.

Over the last year major scandals rocked Mexico, from the disappearance and likely brutal killing of 43 Ayotzinapa teaching college students in Guerrero state, to extrajudicial killings by the army in the state of Mexico, to corruption involving the financing by a business magnate close to the president of the first lady’s purchase of a mansion, and the involvement of his business group in awarding a contract to construct a high-speed bullet train.

Polls show that eight out of ten voters say they do not trust the three major political parties. A recent poll showed that 85 percent of the population do not trust President Enrique Peña Nieto of the ruling Party of the Institutional Revolution (PRI), a plunge from a 51 percent favorable rating in August 2014. Such distrust has spread to supposedly left-leaning parties, such as the Party of the Democratic Revolution (PRD) and the National Regeneration Movement (Morena) of Andrés Manuel López Obrador, who was the PRD’s candidate in the last two presidential elections.

Opposition to Peña Nieto’s handling of the economy has risen to above 70 percent, in large part due to his so-called Pact for Mexico, which passed the Congress with the approval of the three major parties, the PRI, the previously ruling right-wing National Action Party (PAN) and the center-“left” PRD. The Pact has included historical reversals of workers’ rights. Its centerpiece has been the opening up of the Mexican economy to big foreign capital, most importantly the state-owned oil industry, which is still viewed by most Mexicans as part of their national patrimony.

The government’s program has done nothing to turn around Mexico’s $1.3 trillion economy. It continues to limp along, showing growth so far this year of only 2 percent, once again falling far below the predictions of major economic and financial analysts. This follows two years of growth under 2 percent. As a result, the Bank of Mexico has been forced to hold interest rates at a record low of 3 percent.

Earlier this year, the Mexican peso hit its lowest level against the dollar since the 1993 devaluation in the wake of the 1992 debt crisis. The peso’s fall reflects plunging oil prices and threats by the US Federal Reserve Bank to raise interest rates, which could cause investors to dump risky emerging market assets, especially debt denominated in dollars.

Mexico registers the second highest level of inequality amongst the 34 advanced economies that make up the Organization for Economic Cooperation and Development. Masses of workers continue to struggle to make ends meet, paying rising prices for basic goods and services.

While opinion polls show that the three major parties are, in the aggregate, polling upwards of 70 percent compared to other registered political parties (PRI-32 percent, PAN-22 percent and PRD-14 percent), rejection of the current political setup is taking various forms.

The candidate of the Citizen’s Movement Party (MC) for mayor of Mexico’s third most populous city, Guadalajara, is running neck and neck with the PRI candidate, even though the MC is only polling 3 percent nationally. MC, originally known as Convergence for Democracy and later just as Convergence, was founded in 1997 by Andrés Manuel López Obrador, before he joined the PRD. MC now holds power in the poor southern state of Oaxaca, which has seen struggles by teachers and social movements over the years. In the past, MC entered into national electoral alliances and fronts with the PRD and the Labor Party (PT), an originally Maoist organization that now claims a “democratic socialist” platform.

Jaime Rodriguez, an independent candidate, has a serious shot at winning the governorship of the northeast state of Nuevo León, which includes the major industrial city of Monterrey. Legislation passed last year allowed independent candidates for the first time in Mexico. Critics have charged that Rodriguez, who spent 33 years in the ruling PRI, broke with the party to take advantage of the new law and to ride the wave of anti-government and anti-party sentiments.

Rejection of the current setup also is taking the form of widespread calls to abstain from voting or to deface ballots.

The major party candidates shy away from public controversy, running their campaigns on empty rhetoric and platitudes, such as calls for “good governance” or “teamwork.”

Despite attempts to sanitize the election process, its ugly face is there for all to see.

The PRD and Morena are engaged in a furious battle for the powerful position of Mexico City mayor.
The National Electoral Institute recently fined Mexico’s Ecological Green Party (PVEM) around $21 million for campaign advertisements allegedly paid for illegally. PVEM says it is innocent and that the rules were changed due to pressure from other groups, including the ruling PRI, which itself was accused of widespread fraud by vote buying in the 2012 election. The Greens’ spokesperson said the party intended to file a complaint against Mexico’s government before the Inter-American Commission on Human Rights.

Money from organized crime washes into candidates’ campaign war chests to buy their loyalty. All three of the major gubernatorial candidates in Michoacán, from the PRI, the PRD and López Obrador’s Morena, have accused each other of links to drug gangs.

Criminal groups favoring candidates who protect their interests have been using threats, kidnapping and violence against their rivals. There have been assassinations of mayoral candidates of the PRI, the PRD in Michoacán and Guerrero states, and of the Green Party in the poor southernmost state of Chiapas, where it holds state office.

Voters will elect 500 deputies to the Chamber of Deputies, 300 by party plurality vote and 200 by proportional representation. Under proportional representation parties such as Morena, the Green Party and PANAL, a party created by the corporatist National Union of Educational Workers (SNTE, the largest union in Latin America), polling nationally around 8, 7 and 4 percent respectively, can add seats up to 8 percent above their electoral showing.

The composition of the Chamber of Deputies will determine the size of the expenditure cuts in the 2016 national budget. The PRI, PAN and PRD will likely maintain their current majority. This will lead to further budgets cuts, mostly to spending on social programs, as opposed to infrastructure.
None of the political parties offers a way forward for the Mexican working class. The PRD has largely abandoned even its populist pretensions, joining the PRI and PAN in pushing the demands of the Mexican oligarchs and foreign capital.

The nationalist program of Morena’s López Obrador represents the interests of smaller sections of the Mexican bourgeoisie and the upper-middle-class, as does that of the Green Party and CM. All such parties claiming to pursue a social democratic program of reform—along the lines abandoned by socialist parties in Europe years ago—will succumb to the interests of the financial oligarchy at the end of the day, like Syriza in Greece.

Finally, whatever their rhetoric, the pseudo-Trotskyist Pabloite and Morenoite parties such as Socialist Convergence (CS), the Workers Revolutionary Party (PRT), the Socialist Workers Party (PTS) and Socialist Alliance (AS), to the extent they even continue to function, ultimately will join in electoral alliances with Morena and its ilk, preserving the present economic setup.

All the ills that beset Mexican society and its masses are the product of the crisis of international capitalism. None can be remedied outside of an international revolutionary socialist program. This requires the building of Marxist revolutionary parties, linking up the struggles of the working class throughout the Americas.


AMERICANS SAY HELL NO TO AMNESTY and more of MEXICO'S LOOTING

THE AMERICAN PEOPLE SAY HELL NO to Obama’s sabotage of our borders with NARCOMEX, his amnesty hoax to legalize Mexico’s looting, his sabotage of voting IDs to get more illegals in the voting booths, his sabotage of E-VERIFY and his war on the AMERICAN MIDDLE-CLASS to put more profits in the bottomless pockets of his cronies!



Immigrating America Into a Colony of Mexico

Article by Frosty Wooldridge

America faces a greater and more dangerous threat from within than from without. While our armed forces secure Afghanistan and Iraq, our own borders stand unguarded 24 hours a day. Al-Qaeda insurgents plan their next attacks somewhere inside our country. They advocate a violent overthrow of America.





HERITAGE.org

MEXICO’S WELFARE STATE in AMERICA’S OPEN and UNDEFENDED BORDERS:



In 2010, the average unlawful immigrant household received around $24,721 in government benefits and services while paying some $10,334 in taxes. This generated an average annual fiscal deficit (benefits received minus taxes paid) of around $14,387 per household. This cost had to be borne by U.S. taxpayers. Amnesty would provide unlawful households with access to over 80 means-tested welfare programs, Obamacare, Social Security, and Medicare. The fiscal deficit for each household would soar.



Other households are net tax consumers: The benefits they receive exceed the taxes they pay. These households generate a “fiscal deficit” that must be financed by taxes from other households or by government borrowing. For example, in 2010, in the U.S. population as a whole, households headed by persons without a high school degree, on average, received $46,582 in government benefits while paying only $11,469 in taxes. This generated an average fiscal deficit (benefits received minus taxes paid) of $35,113.

The high deficits of poorly educated households are important in the amnesty debate because the typical unlawful immigrant has only a 10th-grade education. Half of unlawful immigrant households are headed by an individual with less than a high school degree, and another 25 percent of household heads have only a high school degree.

The Fiscal Cost of Unlawful Immigrants and Amnesty to the U.S. Taxpayer



 Executive Summary

Unlawful immigration and amnesty for current unlawful immigrants can pose large fiscal costs for U.S. taxpayers. Government provides four types of benefits and services that are relevant to this issue:

  • Direct benefits. These include Social Security, Medicare, unemployment insurance, and workers’ compensation.
  • Means-tested welfare benefits. There are over 80 of these programs which, at a cost of nearly $900 billion per year, provide cash, food, housing, medical, and other services to roughly 100 million low-income Americans. Major programs include Medicaid, food stamps, the refundable Earned Income Tax Credit, public housing, Supplemental Security Income, and Temporary Assistance for Needy Families.
  • Public education. At a cost of $12,300 per pupil per year, these services are largely free or heavily subsidized for low-income parents.
  • Population-based services. Police, fire, highways, parks, and similar services, as the National Academy of Sciences determined in its study of the fiscal costs of immigration, generally have to expand as new immigrants enter a community; someone has to bear the cost of that expansion.


AMERICA: NO LEGAL NEED APPLY…. but we still get the tax bills for Mexico’s welfare state in our open borders!


SEN. RICK SANTORUM:

“Part of the problem, Santorum said, has been the arrival of millions of unskilled immigrants — legal and illegal — in the United States. "American workers deserve a shot at [good] jobs," Santorum said. "Over the last 20 years, we have brought into this country, legally and illegally, 35 million mostly unskilled workers. And the result, over that same period of time, workers' wages and family incomes have flatlined." SEN. RICK SANTORUM


THE DEMOCRAT PARTY HAS, WHILE THE GOP WATCHED, TURNED AMERICAN

INTO MEXICO’S JOBS, WELFARE AND DRUG MARKET.

“The percentage of foreign-born workers in the U.S. labor force has more than tripled over the last four decades and while the U.S. represents just 5 percent of the world’s population it attracts 20 percent of the world’s immigrants, according to a new report.”


 
LOS ANGELES: America and Mexico’s

SECOND LARGEST CITY and GATEWAY

FOR THE MEXICAN DRUG CARTELS

 

 

What was once California…. OCCUPIED AND BANKRUPTED BY LA RAZA.

"Remember 187 -- the Proposition to deny taxpayer funds for services to non-citizens --- was the last gasp of white America in California." --- Art Torres, Chairman of the California Democratic Party… NOW THE PARTY for LA RAZA SUPREMACY

Half the murders in Mexifornia are now by Mex gangs.



Your state is the next Mexifornia!


BILLIONS OF DOLLARS IN WELFARE to ILLEGALS…. They also get our jobs!


THE ASSAULT ON THE AMERICAN MIDDLE-CLASS BY THE DEMOCRAT PARTY

"Remember 187 -- the Proposition to deny taxpayer funds for services to non-citizens --- was the last gasp of white America in California." --- Art Torres, Chairman of the California Democratic Party… NOW THE PARTY for LA RAZA SUPREMACY




JOE LEGAL v LA RAZA JOSE ILLEGAL….

which one has it good under the Dems???
 


 
THE AMNESTY HOAX TO KEEP WAGES DEPRESSED AND PASS ALONG THE REAL COST OF MEXICO’S LOOTING, WELFARE AND CRIME TIDAL WAVE IN

AMERICA’S OPEN BORDERS. 


 “This gain, however, comes at the expense from a total reduction of U.S. workers’ wages per year of $402 billion—this reduction being the consequence of competition from immigrant workers…”

 
Jokes on the stupid gringos!!!

HOW MANY ILLEGALS WERE DEPORTED FROM YOUR
COUNTY?

A county by county chart:


A NATION OVERRUN BY ILLEGALS…. and then hands them millions of jobs and billions in welfare to keep them coming!


BILLIONS OF DOLLARS IN WELFARE to ILLEGALS…. They also get our jobs!
 






THE ISIS INVASION THROUGH NARCOMEX:

JUDICIAL WATCH: which cuts off more heads? The LA RAZA Mexican drug cartels that mow over our borders or ISIS way the hell over there???

ANSWER: MEXICANS!


“The exact location where the terrorist group has established its base is around eight miles from the U.S. border in an area known as “Anapra” situated just west of Ciudad Juárez in the Mexican state of Chihuahua. Another ISIS cell to the west of Ciudad Juárez, in Puerto Palomas, targets the New Mexico towns of Columbus and Deming for easy access to the United States, the same knowledgeable sources confirm.”

Law enforcement and intelligence sources report the area around Anapra is dominated by the Vicente Carrillo Fuentes Cartel (“Juárez Cartel”), La Línea (the enforcement arm of the cartel) and the Barrio Azteca (a gang originally formed in the jails of El Paso). Cartel control of the Anapra area make it an extremely dangerous and hostile operating environment for Mexican Army and Federal Police operations.

 

ISIS AND THE MEXICAN DRUG CARTELS

BEHEADINGS, MASS MURDER, RAPE AND THEN THEY GO VOTE DEM FOR MORE WELFARE!

 

 http://mexicanoccupation.blogspot.com/2015/05/isis-and-la-raza-on-our-open-and.html

 

 

*

HEZBOLLAH and the MEXICAN DRUG CARTELS

President Barack Obama has squandered BILLIONS defending the borders of Muslim dictators and keeping their squalid anti-Christian, anti-American regimes bankrolled even as he has sabotaged America's borders to build his LA RAZA party base of illegals!

“This explains why Osama bin Laden instructed his al-Qaeda deputies to try and recruit Mexican passport holders. It also enables terror groups such as Hezbollah to forge ties with Mexican cartels to smuggle operatives into America.  And it is the reason Texas law enforcement found in 2014 that Islamic State of Iraq and al-Sham social media messaging showed militants discussing the possibility of infiltrating the U.S. via Mexico.” JEFF SHERMAN, president of Citizens for American Security.


 

 

 

BORDERSTOP

 

SABOTAGE of AMERICAN BORDERS BY PRESIDENT BARACK OBAMA as he squanders billions defending the borders of Muslim dictators.

http://mexicanoccupation.blogspot.com/2014/07/how-far-has-americas-borders-been.html

 

 

 




OBAMA BANKSTER RAHM EMANUEL IMPOSES MORE OBAMNOICS - Chicago Democrats prepare new attacks on public education

Chicago Democrats prepare new attacks on public education

Planning for the looming OBAMA GREATER DEPRESSION:


 

In the aftermath of the 2008 financial crisis, on the other hand, none of the basic causes of the crash, including the enormous size of the global financial sector and its pervasive criminality, have been even remotely addressed. Rather, under the guidance of the Obama administration, the dominant position of Wall Street in economic, social and political life has only been entrenched and expanded.

*

Hillary’s onboard with Obama’s banksters and has already loaded up her phony charity with their bribes!


BANKSTER RAHM’S VICTORY FOR HIS 1% CRONIES –

FIRST ON THE RAHM AGENDA: CUT PENSIONS, MORE “BAILOUTS” FOR CRONY BANKSTERS.



RAHM EMANUEL…. only one more of Obama’s dirty crony banksters implementing OBAMANOMICS: loot from the middle-class and hand it to the 1%!


“Mayor Emanuel embodies the foulest characteristics of American politics in general and the Democratic Party in particular. An operative in the Clinton administration, Emanuel made millions as an investment banker before returning to the White House as Obama’s chief of staff.”
 

OBAMA AND HIS CHICAGO: SINKING IN A CESSPOOL OF CORRUPTION!

 

 
THE CARTELS NOW OPERATE IN MORE THAN 2,500 AMERICAN CITIES INCLUDING OBAMA’S CHICAGO!

more at this link – post on your Facebook and email broadcast


Known for mounting the severed heads of its rivals on poles or hanging their dismembered bodies from bridges in cities throughout Mexico, Los Zetas easily has become the most feared criminal gang  in Mexico.

THERE IS A REASON WHY THE MEXICAN  OPERATE IN MORE THAN 2,500 AMERICAN CITIES, INCLUDING OBAMA’S CHICAGO!


 
TO WORK IN THE OBAMA ADMINISTRATION, ONE NEEDS TO BE CONNECTED AND ACTIVELY SERVING OBAMA’S CRONY BANKSTERS, or be a member of the MEXICAN FASCIST PARTY of LA RAZA, as both Obama’s Sec. of Labors, DHS Saldana, and Judge Sotomayor are!

Mayor Emanuel embodies the foulest characteristics of American politics in general and the Democratic Party in particular. An operative in the Clinton administration, Emanuel made millions as an investment banker before returning to the White House as Obama’s chief of staff.


As mayor, Emanuel has pursued the same policies in Chicago as Obama on the national level. He has presided over the closure of 50 schools, attacks on the jobs and pensions of teachers and public employees, and a wave of police violence against youth and working people. The money siphoned from essential services has funded tax cuts and other subsidies for corporations and wealthy investors.

The Democratic and Republican politicians endlessly proclaim that there is no money to meet pressing social needs. But the ranks of multi-millionaires and billionaires continue to grow, along with the obscene levels of wealth they control. These are the paymasters of both corporate-controlled parties.
 

BARACK OBAMA and his BANKSTER BUDDY MAYOR RAHM EMANUEL IMPOSE OBAMANOMICS MARSHALL LAW ON ILLINOIS!



Obama at the national level and Emanuel in Chicago have carried out equivalent attacks on the social rights of working people…. AS THEY SERVE THEIR BANKSTER CRONIES!

 
Even members of Congress have splintered into race-biased groups, such as the Hispanic Caucus lead by Rep. Luis Gutierrez, a known anti-rule-of-law proponent of illegal immigration and original signatory to the unconstitutional Kennedy/McCain "comprehensive amnesty" bill proposal expected to cost taxpayers an estimated $7 to $36 trillion dollars over 30-years if approved. [5.2] (He is not alone in his disdain or the Constitution and law or anti-Americanisms, given Democratic House Majority Leader Nancy Pelosi's blocking of all progress on the SAVE Act, which would markedly end illegal immigration by forcing criminal employers to quit hiring illegal aliens

COP CRIMES IN AMERICA: Cleveland prosecutor criticizes “egregious” errors in exoneration of killer cop

Cleveland prosecutor criticizes “egregious” errors in exoneration of killer cop

THE CRIMES OF BARACK OBAMA and HIS CRONY CRIMINAL BANKSTERS - Parasitism and the economic crisis

Parasitism and the economic crisis


THE OBAMA DOCTRINE: The Rich Must Get Richer Or Be Bailed Out by the American Middle-Class!


Transfer America’s economy to the richest. Destroy the American middle-class and expand Mexico’s welfare state on the backs of the American people to keep wages depressed!


OBAMA AND HIS BANKSTER ADMINSTRATION

In the aftermath of the 2008 financial crisis, on the other hand, none of the basic causes of the crash, including the enormous size of the global financial sector and its pervasive criminality, have been even remotely addressed. Rather, under the guidance of the Obama administration, the dominant position of Wall Street in economic, social and political life has only been entrenched and expanded.

Parasitism and the economic crisis

2 June 2015
The US Commerce Department released figures Friday showing that the US economy contracted sharply, shrinking at an annualized rate of 0.7 percent in the first three months of this year.
Yet despite the disastrous condition of the real economy, all three major US stock indexes reached record highs during the three months covered in the report. In fact, less than 48 hours before the release of the data, the Nasdaq Index closed at an all-time high of 5,107.

While the US real economy has grown by only 13 percent since the depth of the recession in 2009, all three major American stock indices—the Dow Jones Industrial Average, the S&P 500 and the Nasdaq—have more than tripled, each hitting all-time highs.

Far from being mere coincidence, the run-up in stock values and economic slump represent two sides of the same process. They express the extent to which, seven years after the 2008 financial crisis, the whole world economy has become an object for unremitting plunder by the global financial aristocracy, with disastrous social and economic consequences.

This plunder manifests itself in the continual diversion of economic resources into the coffers of billionaire shareholders and corporate executives at the expense of productive activity. This was reflected in the Commerce Department report on the collapse of business investment, which fell at a rate of 2.8 percent in the first quarter of this year.

The sharp fall in investment came despite the fact that US corporations are holding a hoard of some $1.4 trillion in cash and similar assets, the largest such figure on record, amassed as a result of years of record profits amid falling wages and an influx of cheap money from the world’s central banks.
Instead of using this cash to hire workers and build factories, corporations are diverting it to raise dividends, buy back shares, hike executive pay and carry out mergers and acquisitions—all at record levels.

In the aftermath of the 1929 financial meltdown, caused by rampant

Wall Street fraud, speculation and parasitism, bankers guilty of

many of the greatest crimes that led to the crash were tried and

convicted, while new financial regulations, including the Glass-

Steagall Act that separated commercial and investment banking, put

limits on the size and power of Wall Street. This was the response

of the ruling class to immense revolutionary struggles of the time.

As the New York Times recently noted, “In the aftermath of the

Great Depression, the nation’s finance industry shrank

severely—and remained in a humbled state for most of the next four

decades. The economy boomed in this period, with no major

financial crises and less income inequality than in recent decades.”

In the aftermath of the 2008 financial crisis, on the other hand, none of the basic causes of the crash, including the enormous size of the global financial sector and its pervasive criminality, have been even remotely addressed. Rather, under the guidance of the Obama administration, the dominant position of Wall Street in economic, social and political life has only been entrenched and expanded.
The growth in financial parasitism is so pervasive that even mainstream economic institutions have been forced to warn of its dangers. Last month the International Monetary Fund, a bastion of the political establishment, declared in a research paper that economic growth “weakens at higher levels of financial development” and called on governments to take measures to rein in the size of the financial sector.

Despite these warnings, governments throughout the world have shown neither the will nor desire to rein in even the most brazen and criminal manifestations of financial parasitism.

In the US, the Obama Justice Department has ensured that the major banks have been given effective legal immunity for the crimes they have committed before, during and after the 2008 crash. This has been evidenced by one scandal after another—from selling fraudulent subprime mortgages, money laundering, and tax evasion, as well as rigging benchmark interest and foreign exchange rates—for which not a single bank executive has been prosecuted.

Meanwhile, led by the US Federal Reserve, the world’s central banks have responded to every sign of renewed weakness in the global economy by either expanding their money printing operations or scaling back their plans to “normalize” monetary policy.

Two interrelated processes find expression in the response to the 2008 crisis: 1) the long-term decline of American capitalism, and 2) the elevation of financial parasitism to the basic mode of operation of the ruling class. Even in the midst of the Great Depression of the 1930s, the United States was still a rising industrial power, which would establish its global hegemonic position following the Second World War.

The past four decades, however, have seen a relentless decay and decline, with entire industries wiped out, facilitated and demanded by the operations of finance capital. The process through which the ruling class acquires and maintains its wealth has become ever more divorced from the actual process of production.

The policies of the Obama administration are ultimately the expression of the domination of the financial oligarchy over all aspects of economic and political life in the US, the center of international finance. This social layer uses its political and economic leverage not only to promote its parasitic activities, but also to further the drive toward war and dictatorship throughout the world.

There exists no solution to the crisis gripping the global economy outside of the expropriation of the ill-gotten wealth of this oligarchy and the reorganization of society on an egalitarian and socialist basis.

Andre Damon



Loretta Lynch – DEDICATED SERVANT TO OBAMA’S

CRONY CRIMINAL BANKSTERS! Why else would he nominate her?  

 

OBAMA’S PROMISE TO CRONY BANKSTERS: Not one day in prison!

“Nearly five years after the greatest financial crash since the Great Depression, triggered by rampant illegality and fraud on the part of the major banks, not a single major institution or leading bank executive has been indicted, let alone tried, convicted and jailed.”



BANKSTERS J.P. MORGAN CHASE, BANK of AMERICA and WELLS FARGO RAKED IN A TOTAL OF $1.14 BILLION FORM OVERDRAFT FEES IN THE FIRST QUARTER, 2015 ALONE.

SOURCE: SNL FINANCIAL, A FINANCIAL-INFORMATION FIRM.


CEO WAGES SOAR UNDER OBAMA. POVERTY FOR AMERICANS SOARS EVEN MORE!


THE OBAMA DOCTRINE: The Rich Must Get Richer Or Be Bailed Out by the American Middle-Class!



Transfer America’s economy to the richest.
 
Destroy the American middle-class and
expand Mexico’s welfare state on the backs of
the American people to keep wages depressed!

 

 

 

BANKSTERS and the ongoing looting of the American people…..
“I’m not here to punish banks!” Barack Obama – State of the Union Message
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.”
 
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.
 INEQUALITY... it's now the American way!
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.
WILL OBAMA CAUSE THE IMPENDING GLOBAL  ECONOMIC MELTDOWN?
"Notwithstanding these powerful trends, the stock markets continue to power on, providing a graphic demonstration of the degree to which the accumulation of wealth by global financial elites has become divorced from the actual process of production."
 
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!

http://mexicanoccupation.blogspot.com/2014/08/america-under-obamas-crony-capitalism.html

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.
PATRICK BUCHANAN
After Obama has completely destroyed the American
economy, handed millions of jobs to illegals and billions of
dollars in welfare to illegals…. WHAT COMES NEXT?
 
 
 
HILLARY CLINTON VOWS THAT OBAMA’S CRONY CRIMINAL
BANKSTERS WILL TAKE OUT ELIZABETH WARREN!


…. Hillary has filled her pockets with dirty Obama bankster
money!!!!




OBAMANOMICS: IS IT WORKING???

Millionaires projected to own 46 percent of global private wealth by 2019

By Gabriel Black
18 June 2015
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).
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.”