Before his first day in office Barack Obama had sucked in
ore bribes from banksters than any president in history.
During the economic
meltdown caused by Obama’s crony banksters, and Obama’s first two years in
office, banks made more money than eight years under pro-bankster
administration of George Bush.
Both of
Obama’s Attorney Generals, Eric Holder and Loretta Lynch, were chosen by the
banks because they were from law firms that had long protected big banks from
their victims.
"This is how they will destroy
America from within. The leftist billionaires who
orchestrate these plans are wealthy. Those tasked with representing
us in Congress will never be exposed to the cost of the invasion of
millions of migrants. They have nothing but contempt
for those of us who must endure the consequences of our communities being
intruded upon by gang members, drug dealers and
human traffickers. These people have no intention
of becoming Americans; like the Democrats who welcome them, they have
contempt for us." PATRICIA McCARTHY
A key factor in Obama’s newfound and growing
wealth are those who profited from his
presidency. A number of his public
speeches
have been given to big Wall Street firms
and
investors. Obama has given at least nine
speeches to Cantor Fitzgerald, a large
investment and commercial real estate
firm,
and other high-end corporations. According to
records, each speech has been at least
$400,000 a clip.
During his presidency, Obama bragged
that his administration was “the only thing between [Wall Street] and
the pitchforks.”
In fact, Obama handed the robber barons
and
outright criminals responsible for the 2008–
09 financial crisis a
multi-trillion-dollar
bailout. His administration oversaw the
largest redistribution of wealth in history
from
the bottom to the top one percent,
spearheading the attack on the living standards
of teachers and autoworkers.
“This was not
because of difficulties in securing indictments or convictions. On the
contrary, Attorney General Eric Holder told a Senate committee in March of 2013
that the Obama administration chose not to prosecute the big banks or their
CEOs because to do so might “have a negative impact on the national economy.”
Joe Biden, the
walking moron, was selected by Obama also because of his ties and servitude to
big banks!
OBOMB'S CRONY
BANKSTERS DESTROYED MORE
THAN A TRILLION DOLLARS IN AMERICAN
HOME
VALUES AND NOW THEY'RE COMING BACK FOR
MORE WITH THE BANKSTES' RENT BOY BIDEN!
Decades of decaying
capitalism have led to this accelerating divide.
While the rich
accumulate wealth with no restriction, workers’ wages
and benefits have
been under increasing attack. In 1979, 90 percent of the population took
in 70 percent of the nation’s income. But, by 2017, that fell to only 61
percent.
NO PRESIDENT IN HISTORY SUCKED IN MORE BRIBES
FROM CRIMINAL BANKSTERS THAN BARACK OBAMA!
This was not because of difficulties in securing
indictments or convictions. On the
contrary,
Attorney General Eric Holder told a Senate
committee in March of 2013 that the Obama
administration chose not to prosecute the
big
banks or their CEOs because to do so might
“have a negative impact on the national
economy.”
Income inequality grows four
times faster under Obama than Bush …. we bankroll Mexico's welfare state
in our borders as the number of Americans (Legals) sink into poverty! Illegals
also get all the jobs!
http://mexicanoccupation.blogspot.com/2013/09/obamas-assault-on-american-people-on.html
The study noted that, in the
aftermath of the Great Depression, the US undertook policies “during the New
Deal [that] permanently reduced income concentration until the 1970s.” In
contrast, the study noted a striking absence of any measures to reign in social
inequality in the present crisis. Far from it, the Obama administrations’ bank
bailouts, austerity program and wage-cutting policies have vastly expanded the
prevalence of social inequality.
OBAMA’S CRONY BANKSTERISM
THE FED'S OLD BOY NETWORK
By Attorney Jonathan Emord
Author of "The Rise of Tyranny" and
"Global Censorship of Health
Information"
NewsWithViews.com
Bloomberg LP, parent of Bloomberg News,
performed an enormous service for the American public when it sued the Federal
Reserve and the Clearing House Association LLC, an institution created by
several of the nation’s largest banks, to force disclosure of secret loans made
by the Federal Reserve principally to the six largest U.S. banks but also to
certain foreign banks. The treasure trove of evidence ultimately obtained by
Bloomberg reveals that while the public Troubled Asset Relief Program (TARP)
bailed out leading Wall Street firms for the whopping sum of $700 billion, the
Fed at the same time doled out some $7.77 trillion (an astronomical sum equal
to have the gross domestic product). To make matters worse, the Fed expanded
its emergency discount lending program, giving tens of billions more to the
same banks at an interest rate of 1%, while the prime lending rate stood at
over 3%. The banks getting these funds often turned them into profit
centers, lending out proceeds from them at higher interest rates and pocketing
the difference, profiting on federal largesse.
The President and his top economic advisers
bought the “too big to fail” concept, the notion that regardless of how
profligate, irresponsible, even criminal, heads of the leading financial
institutions in America had been, it would be worse for the nation if those
institutions were to collapse. Consequently, while pushing a legislative agenda
of public bail-outs, the Obama Administration maintained a secret program of
multi-trillion dollar loans, including billions at below market interest rates.
The principal recipients of the funding were JPMorgan, Bank of America,
Citigroup Inc., Wells Fargo & Co., Goldman Sachs Group Inc. and Morgan
Stanley.
The General Accounting Office audit of the
Federal Reserve revealed that some $16 trillion was supplied in secret loans
from the Federal Reserve between December 1, 2007 and July 21, 2010. The
largest single recipients were Citigroup ($2.5 trillion); Morgan Stanley ($2
trillion); Merrill Lynch ($2 trillion); Bank of America ($1.3 trillion);
Barclays PLC ($868 billion); Bear Stearns ($853 billion); Goldman Sachs ($814
billion); the Royal Bank of Scotland ($541 billion); JP Morgan Chase ($391
billion); and Deutsche Bank ($354 billion).
Bloomberg discovered that while top banks were
touting in their press releases during the crisis that they had fiscal
soundness, their balance sheets were made up primarily of federal funds, most
from the Federal Reserve. Moreover, while many banks paid back the TARP funds,
they most often did so in reliance on the secret receipts of tens of billions
of dollars in Federal Reserve money (in other words, the pay back was in that
sense a charade: federal money paid back federal loans). In short, the
Administration was complicit in the orchestration of a massive fraud on the
American public, making it seem that the banks largely responsible for the
financial crisis were weathering the storm of their own accord when in fact
they were on board the good ship U.S. Taxpayer.
Meanwhile, the bad lending and financial dealing
practices that helped produce the financial crisis have been largely kept in
place, underwritten by the federal government. The top banks suddenly realized
that far from having to suffer ignominy and defeat for their abuses, they would
be kept alive by a seemingly endless flow of federal cash. Indeed, the feds
accepted as collateral for loans securities of virtually no worth and other
properties that would never support private commercial lending. By propping up
the major banks despite their irresponsible lending practices, the federal
government has given them a privileged financial status whereby private lenders
will give them terms far more favorable than their smaller competitors because
they understand the federal government will not let them fail. Economist call
this safety net a “moral hazard” (effective federal underwriting for heightened
risk taking that permits these lenders to profit at above market rates of
return in speculative investing without suffering financial liability for
loss). The amounts doled out by the federal government to the banks
could have paid off as much as one tenth of all of the delinquent mortgages,
Bloomberg determined.
Rather than be forced to take their losses on
their enormous junk portfolios and interbank lending practices, the top six
banks were allowed to keep the junk portfolios, maintain their dubious lending
practices, and turn to the Federal Reserve for money on demand whenever
problems arose. Repeatedly when the banks should have gone under due to poor
lending practices and grossly speculative profiteering, they were complimented
by the Federal Reserve, rescued, and then allowed to tout the falsehood that
their success came from sharp management rather than from secret loans. At the
same time, these banks and others have shut down commercial lending for small
businesses nationwide.
The “too big to fail” justification for the
massive federal welfare dole to the top six United States banks was based on a
faulty premise. Without question the demise of the leading banks would entail
hardship, particularly for the employees of those institutions, but the long
term prognosis was good for a restructuring of the financial market through
bankruptcies and takeovers. The alternative to allowing the market to impose
its own swift and harsh corrective involves imposing a massive burden on every
American citizen for generations to come for the trillions spent to prop up a
few dozen Wall Street moguls. Rather than have the taxpayers pay an
inflated sum to keep the banks responsible for the financial crisis alive, the
nation could have spared itself an assumption of massive debt and witnessed the
demise of these banks and the rise of new competing financial institutions
based on a solid financial model.
The Bush and Obama Administration’s role as
Santa Claus for Wall Street has kept from Wall Street the needed lessons that
would have otherwise come from the collapse of the major lending institutions.
Painful as it may seem to some, it is far better to allow the market to
experience a correction for profligate lending practices than to force the
American taxpayers for generations to come to pay for the bad decisions made by
a few and to let those few go without suffering a single consequence beyond
temporary embarrassment.
Obama
paid $600,000 for a single speech
In the two years since leaving the White House,
former President Barack Obama has spent his time raising and solidifying his
position in the uppermost echelons of the top one percent of Americans. Obama
has raked in exorbitant amounts of money for public speaking events and made
deals worth millions with multiple companies.
Despite his quip, made during the depths of the
Great Recession, that “at a certain point you’ve made enough money,” there
seems to be no such limit for the Obamas. His family has amassed so much wealth
that even Obama himself said he was surprised in a speech in South Africa last
year.
Since he left office, the former president has
given an estimated 50 speeches a year to corporate audiences for hundreds of
thousands of dollars per event. In 2017, the same year he left office, Obama
was officially recognized as one of the top ten highest paid public speakers in
the US.
Just last month,
Obama was reported to have been paid nearly $600,000 to speak at the EXMA
conference in Bogotá, Colombia. According to the Bogotá Post, EXMA is Colombia’s
largest marketing and business event of the year and one of the largest in
Latin America. Simply titled, “A conversation with President Barack Obama,” his
talk purportedly addressed “influential growth strategies” in marketing and
other aspects of the marketing economy.
Colombia is infamous for the
corruption prevalent in its public sector and military, which costs
the country $17 billion a year, equivalent to 5.3 percent of its
GDP.
Colombia exports half of the world’s
cocaine and its drug cartels have been known to have a hand in
the government. Corruption and drug money are so rampant
that Colombia’s Inspector General
likened it to “the
new cartel.”
While Obama warns of the danger of “exploding
inequality” in his speeches, the massive sum granted to him for one night in
Bogotá is more than 10 times what the typical household in the US makes in a
year, and 72 times the average worker’s annual income in Colombia.
Notably, Obama’s purse was nearly triple the
amount Hillary Clinton was paid for her notorious speeches to Goldman Sachs
that revealed her and the Democratic Party as Wall Street stooges. Former
President Bill Clinton was paid just $200,000 per speech when he toured Latin
America in 2005.
A key factor in Obama’s newfound and growing
wealth are those who profited from his presidency. A number of his public
speeches have been given to big Wall Street firms and investors. Obama has
given at least nine speeches to Cantor Fitzgerald, a large investment and
commercial real estate firm, and other high-end corporations. According to
records, each speech has been at least $400,000 a clip.
During his presidency, Obama bragged
that his administration was “the only thing between [Wall Street] and
the pitchforks.”
In fact, Obama handed the robber barons and
outright criminals responsible for the 2008–09 financial crisis a
multi-trillion-dollar bailout. His administration oversaw the largest
redistribution of wealth in history from the bottom to the top one percent,
spearheading the attack on the living standards of teachers and autoworkers.
Under Obama’s watch the stock markets soared as
the Dow Jones Industrial Average increased by 149 percent. Meanwhile, the “war
on terror” in the Middle East was expanded with Obama becoming the first
president to spend every day of his two terms at war, much to the delight of
the military-industrial complex.
As the wars raged on and the financial oligarchs
fattened themselves off the ever-increasing mountain of wealth being
concentrated at the top of society, real wages stagnated and an unprecedented
opioid overdose crisis spun out of control. Rising numbers of “deaths of
despair” during Obama’s tenure, particularly among the working class, resulted
in a decline in life expectancy unprecedented in the modern era.
In addition to monetary rewards for his service
to the financial elite and military-intelligence apparatus, Obama has been
lavishly feted by socialites and billionaires such as Richard Branson. Obama
was Branson’s special guest in 2017 on a private island where the pair were seen
kite surfing and enjoying the amenities of Branson’s exclusive resort.
Michelle Obama has also benefited after the
family’s departure from the White House. The couple signed a $65 million book
deal with publishing company Penguin Random House for their political memoirs.
Michelle’s memoir “Becoming” was the best-selling book of 2018 with over 10
million copies sold. The pair also signed multi-year deals with Netflix and
Spotify to produce content aimed at “fostering dialogue” and promoting
diversity in entertainment.
Obama’s lucrative post-White House career
hobnobbing with the corporate, entertainment and financial elite epitomizes the
revolving door relationship between the US government and the private sector.
Obama’s rewards are simply retroactive bribery for services rendered to the
capitalist elite, who have welcomed him with open arms.
BARACK OBAMA, LA RAZA FASCISM and the CULTURE of
DEM CORRUPTION
They Destroyed Our Country
“They knew Obama was an unqualified crook; yet
they promoted him. They knew Obama was a train wreck waiting to happen; yet
they made him president, to the great injury of America and the world. They
understood he was only a figurehead, an egomaniac, and a liar; yet they made
him king, doing great harm to our republic (perhaps irreparable.)”
http://mexicanoccupation.blogspot.com/2013/06/the-democrat-party-party-for-illegals.html
CHICAGO HUCKSTER or simply a PSYCHOPATH?
THE RISE TO POWER OF BANKSTER-OWNED BARACK OBAMA
'Incompetent' and 'liar' among most frequently
used words to describe the president: Pew Research Center
http://mexicanoccupation.blogspot.com/2013/06/pew-american-people-legals-see-obama-as.html
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.
CRONY CAPITALISM ...the rise of Barack Obama and
the fall of America!
OBAMA'S ASSAULT ON AMERICA -WHY WALL STREET,
ILLEGALS, CRIMINAL BANKSTERS and the 1% LOVE HIM, AND THE MIDDLE CLASS GETS THE
SHAFT TO PAY FOR HIS CRONY CAPITALISM
http://mexicanoccupation.blogspot.com/2013/07/obamas-looting-of-america-crony.html
CEO pay is higher than ever, as is the chasm
separating the rich and super-rich from everyone else. The incomes of the top 1
percent grew more than 11 percent between 2009 and 2011—the first two years of
the Obama “recovery”—while the incomes of the bottom 99 percent actually
shrank.
Meanwhile, Obama is pressing forward with his
proposal, outlined in his budget for the next fiscal year, to slash $400
billion from Medicare and $130 billion from Social Security… AS WELL AS WIDER
OPEN BORDERS, NO E-VERIFY, NO LEGAL NEED APPLY TO KEEP WAGES DEPRESSED
OBAMA AND BIDEN: 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.
http://mexicanoccupation.blogspot.com/2014/10/how-barack-obama-and-his-crony.html
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.
Biden defended the
wealthy in his speech to the donors but begged them to be aware of wealth
inequality.
THE WALL STREET
BOUGHT AND OWNED DEMOCRAT PARTY
http://mexicanoccupation.blogspot.com/2018/09/democrats-and-bankster-billionaire.html
SERVING BANKSTERS,
BILLIONAIRES and INVADING ILLEGALS
“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
Biden defended the
wealthy in his speech to the donors but begged them to be aware of wealth
inequality.
THE CRONY CLASS:
Income inequality grows FOUR
TIMES FASTER under Obama-Biden and their bankster regime than Bush.
http://mexicanoccupation.blogspot.com/2014/12/obamanomics-at-work-depressed-wages-and.html
“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.”
“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
Biden defended the
wealthy in his speech to the donors but begged them to be aware of wealth
inequality.
THE REAL ECONOMY:
US “retail
apocalypse” expected to exceed annual high with more than 1,100 store closures
announced in one day.
https://mexicanoccupation.blogspot.com/2019/03/americas-economic-reality-retail.html
The declining
living standards of the working class are feeding directly into the retail
apocalypse and mass layoffs of retail workers will only exacerbate the issue.
Workers’ wages have seen little to no growth in the last four decades, and any
economic growth experienced since 2008 has gone to the wealthiest of the
wealthy.
Why do all global
billionaires want wider open borders, amnesty and no E-VERIFY?
Biden defended the
wealthy in his speech to the donors but begged them to be aware of wealth
inequality.
AMERICA: THE
ECONOMY IS RIGGED BY CONGRESS 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.
https://mexicanoccupation.blogspot.com/2019/02/staggering-concentration-of-wealth-in.html
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.
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
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
Joe Biden
Fundraises with Wall Street During Donald Trump Rally
https://www.breitbart.com/politics/2019/06/18/joe-biden-fundraises-with-wall-street-during-donald-trump-rally/
Scott Olson/Getty Images
CHARLIE SPIERING
18 Jun 201984
Former Vice President Joe Biden attended a
fundraiser with Wall Street donors during President Donald Trump’s campaign
kickoff rally in Florida on Tuesday.
It was the fourth New York City fundraiser for Joe Biden in about 24 hours.
The fundraiser was hosted by Eric Mindich, the CEO of Eton Park
Capital Management with about 100 donors including Stephen Scherr, the
executive vice president and chief financial officer of Goldman Sachs, H.
Rodgin Cohen the senior chairman at Sullivan & Cromwell as well as former
Clinton and Obama officials
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
“You know what I’ve found is rich people are just as patriotic
as poor people,” he said. “Not a joke. I mean, we may not want to demonize
anybody who has made money. The truth of the matter is, you all, you all know,
you all know in your gut what has to be done.”
Biden warned that if Trump won re-election, he would “literally
fundamentally change the nature of who we are and how we function.”
Biden boasted that Obama leaned on him to help bring members of
Congress together during their administration.
“Folks, I believe one of the things I’m pretty good at is
bringing people together,” he said. “Every time we had trouble in the
administration, who got sent to the Hill to settle it? Me. No, not a joke.
Because I demonstrate respect for them.”
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
AMERICA: THE RICH GET MUCH
RICHER AND THE MIDDLE CLASS GETS BLUDGEONED…. Illegals get the jobs!
*
Why do the billionaire class all want wider open borders and
hordes more “cheap” labor illegals? It’s all about keeping wages depressed for
greater profits!
*
“Today’s society benefits
those who shaped it, and it has been shaped not by working men and women, but
by the new aristocratic elite. Big banks, big tech, big multi-national
corporations, along with their allies in the academy and the media—these are
the aristocrats of our age. They live in the United States, but they
consider themselves citizens of the world” Sen. Josh Hawley
*
https://mexicanoccupation.blogspot.com/2019/05/staggering-economic-inequality-in.html
"This is how they will destroy
America from within. The leftist billionaires who
orchestrate these plans are wealthy. Those tasked with representing
us in Congress will never be exposed to the cost of the invasion of
millions of migrants. They have nothing but contempt
for those of us who must endure the consequences of our communities
being intruded upon by gang members, drug dealers and human
traffickers. These people have no intention of becoming
Americans; like the Democrats who welcome them, they have contempt
for us." PATRICIA McCARTHY
“Behind the ostensible government sits enthroned an invisible
government owing no allegiance and acknowledging no responsibility to the
people. To destroy this invisible government, to befoul the unholy alliance
between corrupt business and corrupt politics is the first task of the
statesmanship of today.” THEODORE ROOSEVELT
*
"But what the Clintons
do is criminal because they do it wholly at the expense of the American people.
And they feel thoroughly entitled to do it: gain power, use it to enrich
themselves and their friends. They are amoral, immoral, and venal. Hillary has
no core beliefs beyond power and money. That should be clear to every person on
the planet by now." ---- Patricia McCarthy -
AMERICANTHINKER.com
*
“The couple parlayed lives supposedly spent in “public service”
into admission into the upper stratosphere of American wealth, with incomes in
the top 0.1 percent bracket. The source of this vast wealth was a
political machine that might well be dubbed “Clinton, Inc.” This consists
essentially of a seedy money-laundering operation to ensure big business
support for the Clintons’ political ambitions as well as their personal
fortunes."
*
"The tax overhaul would mean an
unprecedented windfall for the super-rich, on top of the fact
that virtually all income gains during the period of the supposed
recovery from the financial crash of 2008 have gone to the top 1 percent
income bracket."
*
Graph from the Economic Policy Institute
Decades of decaying capitalism have led to this accelerating
divide. While the rich accumulate wealth with no restriction, workers’ wages
and benefits have been under increasing attack. In 1979, 90 percent of the population
took in 70 percent of the nation’s income. But, by 2017, that fell to only 61
percent.
*
Millionaires projected to own
46 percent of global private wealth by 2019
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.
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.
By Gabriel
Black
*
The massive increase in the value of the stock market,
which only a small segment of the population participates in, means that
the top 10 percent of the population controls 73 percent of
all wealth in the United States. Just three men—Jeff Bezos, Warren Buffet
and Bill Gates—had more wealth than the bottom half of America
combined last year.
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
America Created Just 20,000 Jobs in February...and
those all went to foreign born
https://mexicanoccupation.blogspot.com/2019/03/mo-brooks-billionaires-want-america.html
Exclusive–Mo Brooks: ‘Masters of the Universe’ Want More
Immigration to ‘Decrease Incomes of Americans’
Consequently, the pumping of ultra-cheap money into the
financial system, fueling speculation and parasitism, together
with ever-widening social inequality, is not a temporary measure but
must be made permanent.
The declining living standards of the working class are
feeding directly into the retail apocalypse and mass layoffs of
retail workers will only exacerbate the issue.
Workers’ wages have seen little to no growth in the last four
decades, and any economic growth experienced since 2008 has gone to
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
“US household net worth sees biggest fall
since crisis”
“Trump Touts Legal Immigration System for
‘Our Corporations’ at Expense of
American Workers “– JOHN BINDER
Trump’s shift from a wage-boosting legal immigration system to
one that benefits corporations and their shareholders coincides with recent big
business lobby influence over his White House, at the behest of advisers Jared
Kushner and Brooke Rollins.
*
“Trump Abandons ‘America First’ Reforms: ‘We
Need’ More Immigration to Grow Business Profits” JOHN BINDER
Biden defended the wealthy in his speech to the donors but
begged them to be aware of wealth inequality.
Despite a booming
economy, many U.S. households are still just holding on
"One of the
premier institutions of big business, JP Morgan Chase, issued
an internal report on the eve of the 10th anniversary of the 2008
crash, which warned that another “great liquidity crisis”
was possible, and that a government bailout on the scale of that
effected by Bush and Obama will produce social unrest, “in light of
the potential impact of central bank actions in driving
inequality between asset owners and labor."
“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
“Behind the ostensible government sits enthroned an invisible
government owing no allegiance and acknowledging no responsibility to the
people. To destroy this invisible government, to befoul the unholy alliance
between corrupt business and corrupt politics is the first task of the
statesmanship of today.” THEODORE ROOSEVELT
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