Why do all global billionaires want wider open borders, amnesty
and no E-VERIFY?
AMERICA: THE ECONOMY IS RIGGED BY COGRESS SO THE RICH BECOME
SUPER RICH.
The American middle class gets the tax bills for Wall
Street’s crimes and bottomeless bailouts!
Wealth concentration increases in US.
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The latest research on wealth inequality by University of California
economics professor Gabriel Zucman underscores one of the key social and
economic trends since the global financial crisis of 2008. Those at the very
top of society, who benefited directly from the orgy of speculation that led to
the crash, have seen their wealth accumulate at an even faster rate, while the
mass of the population has suffered a major decline.
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The past 40 years have seen the consolidation of a plutocratic
elite, which has subordinated every aspect of American society to a single goal:
amassing ever more colossal amounts of personal wealth. The top one percent
have captured all of the increase in national income over the
past two decades, and all of the increase in national wealth
since the 2008 crash.
“Our entire crony capitalist system, Democrat and Republican
alike, has become a kleptocracy approaching par with third-world
hell-holes. This is the way a great country is raided by its elite.”
---- Karen McQuillan AMERICAN THINKER
STARING IN THE FACE of
AMERICA’S UNRAVELING and the ROAD TO REVOLUTION
“It will more likely come on the heels of
economic dislocation and dwindling wealth to redistribute.”
“Our
entire crony capitalist system, Democrat and Republican alike, has become
a kleptocracy approaching par with third-world hell-holes. This
is the way a great country is raided by its elite.” -- Karen McQuillan THEAMERICAN
THINKER.com
"The
kind of people needed for violent change these days are living in
off-the-grid rural compounds, or the “gangster paradise” where
the businesses of drugs, guns, and prostitution are much more
lucrative than “transforming” America along Cuban lines." BRUCE
THORNTON
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There can be no resolution to any social problem confronting the
population in the United States and internationally outside of a frontal
assault on the wealth of the financial elite.
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The political system is controlled by this
social layer, which uses a portion of its economic plunder to bribe politicians
and government officials, whether Democratic or Republican.
Illinois and New Jersey governors sign $15 minimum wage into law
Last Tuesday, the Democratic governor of Illinois, J.B. Pritzker, signed into law a bill that will raise the minimum wage in the state to $15 an hour by 2025. The first increase from the current minimum wage of $8.25—a hike to $9.25—is set to take place January 1, 2020, followed by another one-dollar raise in July of 2020.
Pritzker, a former venture capitalist whose estimated net worth is $3.5 billion, became the richest governor is US history following his election in November 2018. A worker making $15 an hour, or $31,200 a year on the basis of 52 weeks of work at 40 hours per week, would have to work for over 112,000 years to accumulate Pritzker’s fortune.
While Illinois became the first Midwest state to enact a $15 minimum wage, last month New Jersey became the fourth state to enact similar legislation, following New York, California and Massachusetts. New Jersey Governor Philip D. Murphy, also a Democrat, signed legislation that would guarantee a wage of $15 an hour by 2024. The current minimum wage is $8.85.
The New Jersey legislation incorporates multiple exemptions from the 2024 time frame. For example, a stipulation was included that firms employing seasonal workers and small businesses that employ five or fewer workers will not have to comply until 2026. Hyper-exploited farm workers are also excluded under the current legislation. Instead of $15 an hour, their minimum wage will increase to $12.50 by January 1, 2024. A “special committee” will then be convened to determine if the minimum wage will be increased any further for farm workers.
The Illinois legislation, which Governor Pritzker hailed as “a victory for the cause of economic justice,” includes a two-tier approach that will exclude young workers under age 18 who work less than 650 hours a year. Instead, their wages will max out at $13 an hour by 2025. For workers employed in the service industry, who are heavily dependent on tips, the minimum wage will increase only to $9 an hour.
At a signing ceremony, Pritzker was awarded a “Fight for $15” tee shirt. The campaign has led the charge to institutionalize poverty wages for millions of workers throughout the United States under the guise of fighting to improve living conditions. “Fight for $15” is heavily promoted by pseudo-left organizations such as the International Socialist Organization and Socialist Alternative, in concert with the Service Employees International Union (SEIU) and the Democratic Party.
The SEIU has stressed that $15 an hour is only “part of the solution.” The other part involves forcing workers to join trade unions such as the SEIU, which will collect dues and eat into the meager wage increase, while serving the employers as labor contractors and industrial police to enforce low pay and exploitation and suppress workers’ resistance.
In a speech to the legislature, Governor Pritzker spoke of the struggle that over a million current minimum wage Illinois workers are forced to conduct to survive on $8.25 an hour. Citing the precarious nature of low-income employment, Pritzker feigned concern, acknowledging that “you can’t afford a single health care emergency… or flat tire, or worn car battery.” He likened this economic anxiety to a “house on fire” and boasted that by signing the legislation he was not “waiting for the rain” to put it out.
The claim that raising the minimum wage to $15 an hour—over four or five years and with many exemptions—will provide a “living wage” is a fraud. The average rent for an apartment in Chicago is $1,893 in 2019, according to rentcafe.com, a 5 percent increase from 2018. This means a worker is paying nearly $23,000 a year just in rent. That sum equals 74 percent of the annual income of a full-time worker receiving $15 an hour.
In addition to skyrocketing rent, consumer prices, according to the government, have increased by nearly 2 percent a year for the past four years. If this rate continues, the real value of the increase in the minimum wage will be rapidly eroded.
The signing of minimum wage legislation is a part of a concerted effort by the ruling class and its functionaries in the Democratic Party and the trade unions to try to contain the growth of working class militancy and anti-capitalist sentiment while standardizing the lowering of wages overall.
Strikes last year by hotel workers, including workers at the Pritzker-controlled Hyatt Regency, were isolated and strangled by the UNITE HERE union, which worked to stymie workers’ efforts to broaden their struggle to other hotel chains and workplaces.
The specter of workers rebelling against the unions and organizing strikes and mass protests in defiance of them—as in US teachers’ strikes last year and the mass wildcat strike by maquiladora workers in Matamoros, Mexico, this year—has accelerated plans by Democratic governors throughout the US to enact similar minimum wage legislation, in the hopes of driving workers back into the dead end of the Democratic Party. Presidential candidates such as Bernie Sanders have cynically equated the “Fight for $15” with the fight against social inequality.
Sanders has also proposed appealing to
major corporations such as Amazon and
McDonald’s to voluntarily increase their
minimum wage to $15, absent legislation.
After Amazon’s Jeff Bezos, the world’s richest
multi-billionaire, agreed to Sanders’ request
last year, the senator praised the man who
has made a mega-fortune by brutally
exploiting workers at poverty-level wages,
saying he did “exactly the right thing.”
Amazon has since cut benefits and increased
speedup to compensate for the wage
increase and satisfy voracious stockholders.
THE BILLIONAIRE
CLASS WAGES WAR ON AMERICA!
Obamanomics:
How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends,
Corporate Lobbyists, and Union Bosses
"Today, each of
the top 5 billionaires owns as much as 750 million people, more than
the total population of Latin America and double the population of the
US."
THE BILLIONAIRE
CLASS WAGES WAR ON AMERICA!
"GOP estb. is using
the $5 billion border-wall fight to hide up to four blue/white-
collar cheap-labor
programs in lame-duck DHS budget. Donors are worried that
salaries are too
damn high, & estb. media does not want to know."
TOP EVIL CORPORATIONS LOOTING AMERICA
Goldman Sachs TRUMP CRONIES – CLINTON
CRONIES
JPMorgan Chase OBAMA CRONIES
ExxonMobil
Halliburton BUSH CRIME FAMILY CRONIES
British American Tobacco
Dow Chemical
DuPont
Bayer
Microsoft
Google CLINTON CRONIES
Facebook OBAMA CRONIES
Amazon
Walmart
GET THIS BOOK!
Obamanomics:
How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends,
Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special
interests” Barack Obama was supposed to chase from the temple—are profiting
handsomely from Obama’s Big Government policies that crush taxpayers, small
businesses, and consumers. In Obamanomics, investigative reporter Timothy
P. Carney digs up the dirt the mainstream media ignores and the White House
wishes you wouldn’t see. 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 TO
SERVE THE RICH AND GLOBALIST BILLIONAIRES.
"Amazon is a massive wrecking
machine consuming American retail. It's looting the economy and leaving behind
rubble. " --- DANIEL GREENFIELD FRONTPAGE MAG
AMAZON’S ASSAULT ON AMERICA CONTINUES
Amazon,
the multinational online retail conglomerate, is importing more foreign workers
to the United States to take coveted tech industry jobs than Facebook and Google
combined. JOHN BINDER
"Amazon is a massive wrecking machine consuming
American retail. It's looting the economy and leaving behind rubble. " ---
DANIEL GREENFIELD FRONTPAGE MAG
"Today, each of
the top 5 billionaires owns as much as 750 million people, more than
the total population of Latin America and double the population of the
US."
“A comprehensive new report released Sunday by
the New York-based labor rights watchdog China Labor Watch (CLW) has shed new
light on the barbaric and illegal practices that Amazon employs to boost its
profits by driving down production costs on the backs of factory workers at the
company’s electronics assembly plants in China.”
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“A comprehensive new report released Sunday by
the New York-based labor rights watchdog China Labor Watch (CLW) has shed new
light on the barbaric and illegal practices that Amazon employs to boost its
profits by driving down production costs on the backs of factory workers at the
company’s electronics assembly plants in China.”
Amazon, the multinational
online retail conglomerate, is importing more foreign workers to the United
States to take coveted tech industry jobs than Facebook and Google combined.
JOHN BINDER
"Amazon is a massive wrecking machine consuming American
retail. It's looting the economy and leaving behind rubble. " --- DANIEL
GREENFIELD FRONTPAGE MAG
AMAZON’S JEFF BEZOS IS
THE FACE OF MODERN SLAVERY!
The
gains for employees are a novel pain for the investors and employers who have been able to hold
down wages for decades because the federal government is trying to grow the
economy via cheap-labor legal immigration.
“INVESTORS” HAVE AND WILL DESTROY THIS NATION IF IT WOULD
IMPACT THE NEXT QUARTER’S EARNINGS!
Amazon, the multinational online retail
conglomerate, is importing more foreign workers to the United States to take
coveted tech industry jobs than Facebook and Google combined. JOHN BINDER
"Amazon is a
massive wrecking machine consuming American retail. It's looting the economy
and leaving behind rubble. " --- DANIEL GREENFIELD FRONTPAGE MAG
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