Tuesday, October 6, 2015

THE OBAMA ASSAULT ON BLACK AMERICA WHILE HE EXPANDS THE MEXICAN WELFARE STATE ON OUR BACKS - Book: 'Aloof' Obama hit for ignoring blacks, Biden called president's 'tar baby'

Book: 'Aloof' Obama hit for ignoring blacks, Biden called president's 'tar baby'

Virginia's first and only African-American governor says President Obama left blacks in the dust and built an administration that "turned its back on core supporters in favor of holding hands with its enemies."
L. Douglas Wilder, in his new autobiography Son of Virginia, expressed deep disappointment with America's first black president, calling him "aloof" and "tone deaf" to blacks' needs, leaving African-Americans to ask, "When is our time coming?"



TOM TANCREDO:
OBAMA’S IMPERIAL AMNESTY FORCED DOWN THE THROATS OF AMERICA…. But will these hordes of illegals vote for LA RAZA Hillary?


"Obama’s most radical goal has not been the transformation of our

economy, our foreign policy, or our place in the world. Obama

aims to transform what it means to be an American." ---- TOM

TANCREDO



THE OBAMA AGENDA OF DESTROYING THE AMERICAN MIDDLE-CLASS - First Steps to Building a NAFTA dictatorship


BARACK OBAMA and the MEXICAN DRUG CARTELS: A PARTNERSHIP



BARACK OBAMA'S SABOTAGE OF HOMELAND SECURITY INCLUDES PARTNERING WITH THE MEXICAN DRUG CARTELS TO DESTROY THE AMERICAN MIDDLE-CLASS... THE FIRST STEP IN BUILDING AN OBAMA DICTATORSHIP.


Feds make secret alliance with Sinaloa drug cartel





What does the US Department of Justice, the Sinaloa drug cartel, and the spy corporation Stratfor have in common? According to CIA documents leaked by WikiLeaks, they’re all at the center of the new US strategy in the War on Drugs. In 2012, Whiteout Press exposed the shocking alliance in the article, ‘Secret US Alliance with Sinaloa Cartel exposed’.



OBAMA IN SELMA: Is it his biggest hoax and lie to date?
"The lies and demagogy in Obama’s Selma speech cannot conceal the huge class gulf between the government he heads and the self-sacrificing workers and youth who led the fight for civil rights. They fought for equality. He represents privilege."

"Any grant of legal status will serve as a magnet to prospective illegal immigrants and further depress employment opportunities and wages for African-Americans," Kirsanow wrote Obama in August. "Given that the labor force participation rate is at an historic low, the unemployment rate is 6.2 percent, and there has been a precipitous decline in household wealth, the timing for such a grant of legal status could not be worse."



US poverty rate and income growth stagnated in 2014
By Niles Williamson
19 September 2015

The US Census Bureau released its annual income and poverty report this week which showed that median household income and the national poverty rate held steady between 2013 and 2014.

http://mexicanoccupation.blogspot.com/2015/09/millions-of-jobs-for-illegals-along.html

The report found that 14.8 percent of the country’s population lived in poverty in 2014, statistically unchanged from a year prior. Blacks had the highest poverty rate in 2014 at 26.2 percent, which was a one percentage point increase over 2013. Among children and teenagers under the age of 18, approximately 15.5 million, or 21.1 percent, lived in poverty.


IN OBAMA’S AMERICA, ONLY MEXICANS WITH STOLEN SOCIAL SECURITY NUMBERS GET JOBS. THEY ALSO GET BILLIONS IN WELFARE AND ANYTHING ELSE THEY VOTE FOR!



THE HIDDEN UNEMPLOYMENT CRISIS IN AMERICA:

The Democrat Party’s OPEN BORDERS agenda at work.






THE CRONY CLASS: The Democrat Party and their Bankster paymasters….

OBAMA-CLINTONomics  was created by BILLARY CLINTON!

Income inequality grows FOUR TIMES FASTER under Obama than Bush.




AMERICA: MEXICO'S WELFARE OFFICE - Record 63.2 million non-English speaking residents, surge in Arabic, Chinese, Spanish

Record 63.2 million non-English speaking residents, surge in Arabic, Chinese, Spanish


INVESTORS.com

LA RAZA ABOVE THE LAW – CONSULATES LOOTING

Democrat politicians partner with Mexico and the Mexican Fascist Party of LA RAZA “The Race” to loot America and then send the tax bills to the American middle-class whose jobs LA RAZA owns.



JOBS IN AMERICA: NOT FOR LEGALS! - KEEPING WAGES DEPRESSED WITH OPEN BORDERS IS GOOD FOR CORPORAT PROFITS - Markets “celebrate” poor US jobs data

Markets “celebrate” poor US jobs data


SEN. BERNIE SANDERS

“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


SEN. BERNIE SANDERS ON HILLARY’S SERVITUDE TO OBAMA’S 

CRIMINAL CRONY BANKSTERS… their looting continues unabated.



"I think that the business model of Wall Street is fraud," said Sanders. "I think these guys drove us into the worst economic downturn in the modern history of America and I think they're at it again. I believe that when you have so few banks with so much power you have to ... break them up. That is not Hillary Clinton's position."






Following the wiping out of trillions of 

dollars from global equity markets in August and September, Monday’s rise on Wall Street is not a sign of a return to stability, but rather another gyration in the fever chart of the global financial system.

Markets “celebrate” poor US jobs data

By Nick Beams 
6 October 2015
Last Friday, the US Labor Department reported that jobs growth for September was only 142,000, some two-fifths below the trend of the past 12 months and well below expectations of an increase of 201,000. Coupled with the revising down of August jobs growth from 173,000 to 136,000, it was clear evidence that the deflationary and recessionary trends worldwide are impacting on the US economy.
Financial markets interpreted this news as meaning that the Fed would not now increase interest rates from their present level of near zero until March 2016 and possibly beyond. In September, the Fed had kept rates on hold but indicated that it favored an initial increase before the end of the year.
With that prospect receding rapidly, the stock market began to rise after the release of the jobs data. On Monday, having digested the news over the weekend, the stock market celebrated in anticipation that the supply of ultra-cheap money was going to continue, possibly for at least the next six months.
It was as if the players in a gambling casino had been told that they would get another supply of free chips from the house.
The bad news is good news syndrome saw the Dow rise more than 300 points, an increase of 1.8 percent, the S&P 500 rose by 1.8 percent and the NASDA Composite advanced by 1.6 percent. For the S&P it was the fifth straight day of gains and the longest stretch of increases since last December.
In an interview with the business channel CNBC, the former Fed chairman Ben Bernanke, the principal architect of the cheap money policy following the financial crisis of 2008, said the “mediocre job numbers for the last couple of months” was a “negative” for any move to lift interest rates. In other words, what has become known as the Bernanke put—the belief that that Fed will underpin financial markets—will continue.
His comments followed remarks by Boston Fed president Eric Rosenberg over the weekend, who said his confidence that interest rates could rise had been diminished. Rosenberg is not a voting member of the Federal Open Market Committee, which sets rates, but his comments were significant because in the recent period he has moved into the camp of those who favor an interest rate increase this year.
However this was not a unanimous view. St Louis Fed present James Bullard, who is on record as favoring a move to normalizing the interest rate regime, repeated his view that now was the time to start that process. Fed vice chairman Stanley Fischer said there were obvious “bubbles” in the economy and the Fed could target them with higher interest rates at certain times.
But the prevailing view is that interest rates will not move this year. “In terms of demand, concern about Fed hikes in 2015 is evaporating, particularly following the disappointing jobs numbers,” said Andrew Hollenhorst, an interest rate strategist at Citigroup Global Markets.
Andrew Brenner, head of international fixed income at National Alliance Capital Markets, said: “The Fed is off the table for 2015, no matter what they say.”
It was significant that among the rises on the stock market were energy and mining companies. This was not because the prices of commodities have risen—the downward pressure is continuing. Rather, it was a reflection of the belief that many of these highly indebted companies would not be faced with an immediate funding squeeze which could occur in the event of an interest rate increase by the Fed.
Another expression of the perversity that prevails in financial markets came with the announcement yesterday that, for the first time in history, the US Treasury had sold a government security with a three-month maturity for a yield of zero. This implied that if investors held the security for its full term they would have given the government a short-term loan for free. In fact, those who purchased the security anticipate that with the cheap money spigot still open they will be able to sell at a higher price than they purchased it for and make a profit.
The latest jump in Wall Street again underscores the divorce between financial markets and the underlying real economy. The US jobs data were an expression of global trends, including a marked slowdown in the Chinese economy, lower growth in emerging markets, the mounting prospect of two consecutive quarters of negative growth in Japan—a technical recession—and continuing deflationary pressures.
As the Financial Times noted in an article published Monday: “Deflation, a prolonged decline in the price of products, is flowing like a draught of cold air from Asia’s powerhouse economies and casting a chill over Japan and Europe, while also endangering US efforts to sustain a recovery.”
The intensifying deflationary trend could see both the Bank of Japan and the European Central Bank pump still more money into the financial system. However, the continued boosting of the financial markets by the world’s three major central banks is creating the conditions for a potential disaster.
Philip Moffitt, the head of Goldman Sachs Asset Management, which oversees $1 trillion worldwide, told Bloomberg: “The next stage for both the Bank of Japan and the ECB [European Central Bank] is more easing; they’re going to keep putting more fuel on the fire, but at some point the fire’s big and there’s nothing left to burn. What do we do?”
The immediate response to such a situation, he continued, “would be a huge sell-off in risk assets.”


Following the wiping out of trillions of 

dollars from global equity markets in August and September, Monday’s rise on Wall Street is not a sign of a return to stability, but rather another gyration in the fever chart of the global financial system.



THE OBAMA DOCTRINE:




HIS CRONY BANKSTERS DESTROYED TRILLIONS IN HOME 

EQUITY, HIS ILLEGALS HAVE BUILT A TRILLION DOLLAR LA 

RAZA WELFARE STATE ON OUR BACKS…. AND ALL JOBS GO 

TO NON-AMERICANS!






the reality unfolds.....

the Clinton impact on America's rapid decline:


THE CRONY CLASS: The Democrat Party and their Bankster paymasters….

OBAMA-CLINTONomics  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.”