DEMOCRAT PARTY BILLIONAIRES' WEALTH SOARS AS AMERICA STRUGGLES TO EAT

ALL BILLIONAIRES ARE DEMOCRATS. ALL BILLIONIARES WANT OPEN BORDERS FOR MORE CHEAP LABOR AND NO CAPS ON IMPORTING CHINESE AND INDIANS TO WORK OUR TECH JOBS CHEAP.

Obama’s State of Delusion ... OR JUST ANOTHER "Hope & Change" HOAX?

”The delusional character of Obama’s State of the Union

address on Tuesday—presenting an America of rising living

standards and a booming economy, capped by his declaration

that the “shadow of crisis has passed”—is perhaps matched

only in its presentation by the media and supporters of the

Democratic Party.”

http://mexicanoccupation.blogspot.com/2015/01/oxfam-richest-one-percent-set-to.html

“The general tone was set by the New York Times in its lead editorial on Wednesday, which described the speech as a “simple, dramatic message about economic fairness, about the fact that the well-off—the top earners, the big banks, Silicon Valley—have done just great, while middle and working classes remain dead in the water.”

OBAMANOMICS:

The report observes that while the wealth of the world’s 80 richest people doubled between 2009 and 2014, the wealth of the poorest half of the world’s population (3.5 billion people) was lower in 2014 than it was in 2009.

http://mexicanoccupation.blogspot.com/2015/01/oxfam-richest-one-percent-set-to.html

In 2010, it took 388 billionaires to match the wealth of the bottom half of the earth’s population; by 2013, the figure had fallen to just 92 billionaires. It fell to 80 in 2014.

THE OBAMA ASSAULT ON THE AMERICAN MIDDLE-CLASS

“The goal of the Obama administration, working with the Republicans and local governments, is to roll back the living conditions of the vast majority of the population to levels not seen since the 19th century, prior to the advent of the eight-hour day, child labor laws, comprehensive public education, pensions, health benefits, workplace health and safety regulations, etc.”

http://mexicanoccupation.blogspot.com/2015/01/oxfam-richest-one-percent-set-to.html

“In response to the ruthless assault of the financial oligarchy, spearheaded by Obama, the working class must advance, no less ruthlessly, its own policy.”

New Federal Reserve report

US median income has plunged, inequality has grown in Obama “recovery”

The yearly income of a typical US household dropped by a massive 12 percent, or $6,400, in the six years between 2007 and 2013. This is just one of the findings of the 2013 Federal Reserve Survey of Consumer Finances released Thursday, which documents a sharp decline in working class living standards and a further concentration of wealth in the hands of the rich and the super-rich.

Billionaires Increase Net Worth by $434B During Coronavirus Lockdowns

AFP/Getty

JOHN BINDER

25 May 2020356

3:06

The net worth of the United States’ billionaire class has increased by $434 billion during lockdown orders implemented by most states to slow the spread of the Chinese coronavirus.

Between March 18 and May 19, the nation’s more than 600 billionaires have increased their net wealth by 15 percent from $2.9 trillion in March to now nearly $3.4 trillion, even as more than 36 million Americans are jobless.

The analysis of Forbes data, conducted by researchers with the left-leaning Americans for Tax Fairness group, detailed how the wealth of Amazon CEO Jeff Bezos, Microsoft Co-Founder Bill Gates, Facebook CEO Mark Zuckerberg, Berkshire Hathaway CEO Warren Buffet, and Oracle CEO Larry Ellison has increased by $75.5 billion since the nation’s coronavirus lockdowns began in March.

These five billionaires’ growth in net wealth, alone, accounted for 21 percent of all the wealth growth over the last two months among the more than 600 billionaires in the U.S.

(Americans for Tax Fairness)

(Americans for Tax Fairness)

Jeff Bezos, alone, has increased his net wealth by almost $35 billion, or 30.6 percent, since the beginning of the coronavirus lockdowns that forced small and medium-sized businesses to close while big businesses like Wal-Mart, Target, Amazon and Amazon-owned Whole Foods, and Walgreens were allowed to remain open as they were deemed “essential.”

While Bezos has grown his wealth, whistleblowers at Amazon have been fired after they revealed outbreaks of the coronavirus at their warehouses.

In an exclusive interview with Breitbart News, a whistleblower said he was fired after he exposed a coronavirus outbreak.

“We all should have been quarantined with pay,” said former Amazon worker Chris Smalls said. “The building should have been shut down immediately. But that didn’t happen. By the end of the week, Saturday, March 28th, they decided to quarantine me and only me, none of the employees, not even the person I ride to work with every day. So that tells you right there, they put a target on my back to silence me, but what I did was I mobilized a walkout on March 30th that resulted in my termination.”

Economists have noted that the wealthiest of Americans, members of the top one percent, are paying a lower tax rate than all other Americans. In 2018, the richest Americans paid a 23 percent tax rate — a 47 percent drop since 1950, when their tax rate was 70 percent.

House Democrats’ coronavirus relief package offered the rich even more of a bailout with a provision that would eliminate the cap on the little-known SALT tax deduction. In short, the provision would give millionaires and billionaires more than $100,000 in tax windfalls for the next two years.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

EconomyPoliticsAmazonBill GatesBillionairesChinacoronavirusJeff BezoslockdownsMark Zuckerberg

THE DEMOCRAT PARTY’S BILLIONAIRES’ GLOBALIST EMPIRE requires someone as ruthlessly dishonest as Hillary Clinton or Barack Obama to be puppet dictators.

http://hillaryclinton-whitecollarcriminal.blogspot.com/2018/09/google-rigged-it-so-illegals-would-vote.html

1.     Globalism: Google VP Kent Walker insists that despite its repeated rejection by electorates around the world, “globalization” is an “incredible force for good.”

2.     Hillary Clinton’s Democratic party: An executive nearly broke down crying because of the candidate’s loss. Not a single executive expressed anything but dismay at her defeat.

3.   Immigration: Maintaining liberal immigration in the U.S is the policy that Google’s executives discussed the most.

IMAGES OF AMERICA UNDER LA RAZA MEX OCCUPATION:

 

Your neighborhood will be next to fall to LA RAZA!

 

http://mexicanoccupation.blogspot.com/2013/10/america-la-raza-mexicos-wide-open.html

 

 

Why the rich favor the Democrats

By Peter Skurkiss

There's little doubt that today's Democrat Party is the party of the rich.  Actually, that's an understatement.  Far more than billionaires are involved.  A better expression of reality would be to say a fundamental core of Democrat coalition is the managerial class, also known as the elite.  These are the people who run the media, Hollywood and the entertainment industry, the big corporations, the universities and schools, the investment banks, and Wall Street.  They populate the upper levels of government bureaucracies.  These are the East and West Coasters. 

The alliance of the affluent with the Democrat Party can be seen in the widely disproportionate share of hefty political donations from the well-to-do going to Democrats and a bevy of left-wing causes.  It's also why forty-one out of the fifty wealthiest congressional districts are represented by Democrats. 

BLOG: DEMS LOVE SOCIALISM FOR ILLEGALS TO KEEP THEM COMING AND BREEDING ANCHOR BABIES FOR WELFARE AND SOCIALISM FOR BANKS. TRILLIONS OF DOLLARS OF IT!

 Bernie Sanders is an exception.  But he's an anomaly viewed as dangerous to the party, which is why he's being crushed by the Democrat establishment. 

Why do the wealthy align with the Democrats?  The answer may seem counter-intuitive, but it is really quite simple.  It's surely not ideals or high-minded principles.  Nor is it ignorance.  Rather, it boils down to raw self-interest.  

In his book, The Age of Entitlement: America Since the Sixties, Christopher Caldwell notes that rich Americans think themselves to be as vulnerable as blacks.  They are a relatively small minority of the population.  They fear being resented for their wealth and power and of having much of that taken from them.  Accordingly, the wealthy seek to protect what is theirs by preventing strong majorities from forming by using the divide and conquer principle. 

As R.R. Reno writes when reviewing Caldwell's book: "Therefore, the richest and most powerful people in America have strong incentives to support an anti-majoritarian political system."  He goes on: "Wealthy individuals shovel donations into elite institutions that incubate identity politics, which further fragments the nation and prevents the formation of majorities."

Some of the rotten fruit of the wealthy taking this approach include multiculturalism, massive immigration of diverse people, resistance to encouraging assimilation, racial strife, trying to turn white males into pariahs, and the promotion of gender confusion.  Through it all, society is bombarded with the Orwellian mantra that "diversity is strength," as if repeating it often enough can make it so.  It is also why patriotism and a common American culture are so disparaged today.  Those from the upper strata of society project the idea that if you're a flag-waving American, you must be some kind of retrograde mouth-breathing yokel.  

The wealthy as a groups are content to dissolve the glue that holds the U.S. together.  And it is all done to enhance and preserve their power, wealth, and influence.  This is why they so hate Donald Trump.  He strives to unite people and the country, although you'd never know that that is what the president is doing  if you live in the media bubble.  Trump's MAGA agenda is an anathema to the managerial class.

To quote Reno one final time:

The next decade will not be easy.  But it will not be about what preoccupied us in the sixties, and which Caldwell describes so well.  Rather than the perils of discrimination we are increasingly concerned with the problem of disintegration — or in Charles Murray's terms, the problem of "coming apart."

Trump and the GOP he is molding are the vehicles to restore and strengthen national solidarity.  Trump said at the Daytona 500, "No matter who wins, what matters most is God, family, and country."  That is not the Democrat agenda.  As seen in Democrat politicians, their policies, and the behavior of their major contributors, the aim is to further weaken the social and national bonds in America.  There is a lot at stake here.  If solidarity wins, the Republic can survive and prosper.  If the Democrats and their wealthy cohorts do, then the middle class withers, the Republic dies, and the rich and their managerial class get to rule the roost.  That is what it comes down to.

ALL BILLIONAIRES ARE DEMOCRATS. ALL BILLIONAIRES WANT WIDER OPEN BORDERS, AMNESTY AND HELL NO TO E-VERIFY!

In addition, establishment Republicans are no better than Democrats at stemming the flow of illegal immigration because big businesses reap the benefits of this cheap labor without incurring any of the social costs.

This is why the SEIU supports blanket amnesty for illegal aliens.

Democrats: The Party of Big Labor, Big Government...and Big Business

 

By Antonio R. Chaves

There is a widespread perception that the Democrat Party is the party the working class and the Republican Party is the party of big business.  Even though Republicans on average received slightly more from corporate employees prior to 2002, the overall difference between both parties from 1990 to 2020 is statistically insignificant (Table 1).  In fact, Democrat reliance on big labor gradually shifted toward big business following the involvement of solidly Democrat corporate giants in 2002, and from 2014 to 2020, Democrats consistently surpassed Republicans in corporate donations (Tables 1 & 2).

Based on data compiled by Open Secrets, Soros Fund Management, Fahr LLC (Tom Steyer), and Bloomberg LP ranked among the top ten for political contributions that gave over 90% to Democrats.  In sharp contrast, the right-leaning Koch Industries made the top ten only in 2014.  In nearly all other years, Koch ranked well below the top twenty.

Whether or not this trend is long-term, there is no denying that large corporations on average no longer lean right.  But what does it mean to be "the party of big business"? Donations are not definitive evidence.  What ultimately matters is what politicians do once they get elected.

Many liberals believe that big government is needed to "rein in" big business and that in the absence of federal intervention, corporations will "run roughshod" over the average American.  Many liberals also believe that corporations are the main beneficiaries of laissez-faire economics and that free-market conservatives who want to scale back regulations are somehow "in the pocket" of big business.

In reality, the opposite is true: big business and big government 

go hand in hand because government meddling in the economy 

encourages rent-seeking by businesses that can afford to pay 

for the lobbyists.  This crony capitalism grew exponentially as 

a result of New Deal regulations that squeezed out competitors 

during the 1930s.  Establishment politicians and well 

connected corporations are beneficiaries of the myth that big 

government and big business are adversaries because it hides 

their unholy alliance.

In all fairness, neither party has had a monopoly on the dispensation of corporate welfare: the TARP funds that propped up financial institutions deemed "too big to fail" during the Great Recession were released by the Bush administration.  In addition, establishment Republicans are no better than Democrats at stemming the flow of illegal immigration because big businesses reap the benefits of this cheap labor without incurring any of the social costs.

If both parties are playing this game, what is the basis for labeling the Democrat party "the party of big business"?  What policies from Republicans support small business?

Free-market conservatism benefits small businesses because the government does not pick the winners and losers by means of subsidies, tax breaks, and cumbersome regulations.  You will not see policies like these coming from Washington in a major way because proposals for shrinking the federal government rarely see the light of day in Congress.

Based on data collected by Gallup and Thumbtack, red states far outscore blue states in small business friendliness (Table 3).  This may be why less affluent Americans are fleeing states that score abysmally like California, Illinois, New York, and Hawaii.  This might also be why small business–owners are more likely to vote Republican.

The Trump administration has been good for businesses of all sizes mainly due to the unprecedented rate at which it scaled back stifling regulations.  This may be why some of the president's highest approval ratings now come from small businesses.

Donald Trump set himself apart from the ruling class when he latched onto the third-rail issue of illegal immigration and called out the corporate darling Jeb Bush (AKA "Low Energy Jeb") for his lack of grassroots support.  This may explain in part why Bain Capital, the firm co-founded by Mitt Romney, switched teams and contributed solidly Democrat in 2018.  In 2012, Democrats accused Bain Capital of destroying jobs by systematically dismantling the companies it bought off.  Times have changed...

Small businesses generate well over half of all new jobs.  Most importantly, many are family-owned, have strong ties to their communities, and provide upward mobility for millions of Americans who never attended college.  The Democrats' undermining of this quintessentially American institution is shameful and disqualifies it as the "party of the working class."  Contributions from big labor do not count toward "labor-friendliness" because mega-unions care more about recruitment than about the welfare of working Americans.  This is why the SEIU supports blanket amnesty for illegal aliens.

Democrats fed up with the corporate status quo are now choosing their own anti-establishment candidate, not realizing that socialism is just a more impoverished version of the crony capitalism they are rejecting.  Many Sanders-supporters are also morally shallow because they want to harness the power of the state to muscle in on the wealth of Americans who borrowed responsibly and worked hard to pay their bills.

After the Constitutional Convention, Benjamin Franklin said, "This Constitution ... is likely to be well administered for a course of years, and can only end in despotism ... when the people shall become so corrupted as to need despotic government."  If Democrats implement the dystopian policies of California on a national level, their corporate allies will do fine.  It is small business–owners and working-class Americans with nowhere to flee who have the most to lose. Be careful what you wish for.

---

To view the tables below, click the links.

Table 1: Top contributors to Democrats and Republicans as compiled by Open Secrets.

*The red lettering highlights a funding advantage for Republicans.  The blue lettering highlights a funding disadvantage for Republicans.

**Based on a T-test, the difference is insignificant at P = 0.46

Table 2: Top ten contributors to Democrats and Republicans by category (union, corporate, and ideological) as compiled by Open Secrets:

*In 2008 Goldman Sachs donated 74% to Democrats.  All other groups in this column donated between 40 and 69% to both parties.  This column does not differentiate between giving equally to both parties and giving 70–79% to Democrats or Republicans.

**This number includes the "City of New York."  Although it is officially listed as "other" by Open Secrets (not corporate, union, or ideological), I was personally informed by someone from the organization that Michael Bloomberg was the main source of this funding.

Table 3: Small business scores states scored by Thumbtack ranked according to their Democratic advantage by Gallup:

*GPA scores are based on the following numerical equivalents: A = 4, B = 3, C = 2, D = 1, F = 0, A+ = 4.3, A- = 3.7, etc.

** Not scored.

***Mean GPA ± standard error. Based on a T-test, the difference is significant at P = 0.00001.