“The United Auto Workers (UAW) is also complicit. The union has maintained a studied silence throughout the entire course of the affair. This is hardly surprising. As one of the largest stockholders of GM through control of a retiree health care trust fund, the UAW’s chief concern is ensuring maximum corporate profits.”
OBAMA-CLINTONomics…. will it destroy this nation?
THE RISE of BARACK OBAMA and the FALL of AMERICA: WHO WILL ULTIMATELY PAY FOR HIS CRIMES AND LIES?
Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
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: AS HIS WALL STREET CRONIES LOOT…
“This is Obama’s new “middle class,” working for half the wages of their grandparents and barely keeping one step out of a homeless shelter.”
"Corporate profits are at their highest share of GDP since World War II, while the portion of national economic output going to labor has fallen to the lowest postwar level."