Sunday, November 15, 2020

TROIKA OF CORRUPTION - THE THREE LOOTING LAWYERS - How much have these parasite lawyers made off elected office or daddy?

 

Obama Makes Unwelcome Return

Jeff Crouere
|
Posted: Nov 15, 2020 12:01 AM
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Obama Makes Unwelcome Return

Source: AP Photo/Nick Wass

Former President Barack Obama is back in the public eye after spending the last several years in the shadows. During the Trump presidency, Obama has not been in the spotlight, preferring to make high paid speeches and enjoy the lifestyle of the rich and famous.

In recent weeks, the former president turned his attention to politics again, starting with his prime-time speech at the Democratic National Convention. Since then, he has been very vocal in his support of former Vice President Joe Biden, his running mate in two national elections.

Interestingly, the former president made a rather late endorsement of Biden after the nomination contest was already completed. If he were genuinely excited about Biden becoming president, Obama would have given him an early and enthusiastic endorsement.

Clearly, Obama was not the only one who was not excited about Biden. In the campaign, he did not generate any euphoric support because he is a politician with a lackluster 50-year history of loathsome deal making and repeated plagiarism. He only won the nomination because Democrats chose him to prevent a socialist takeover of their party by U.S. Senator Bernie Sanders (I-VT).

It was not Obama who delivered the so-called election victory to Biden. In the general election against President Donald Trump, Biden received every type of advantage from a huge fundraising edge to a press willing to overlook his scandals and continue their negative coverage of President Trump. Biden was also given tremendous favors from the “Masters of the Universe” who control social media and censored President Trump’s message.  

One of the many unfortunate consequences that will occur if Biden is eventually inaugurated as the 46th President of the United States is that Americans will see much more of Barack Obama. He will be heavily involved in shaping a Biden administration. Since Biden is obviously dealing with diminished mental capabilities and is compromised by many scandals, such as those revealed on his son’s laptop, he will be easily manipulated. Therefore, Obama will play a very prominent role in advising and guiding his former vice president.

In recent days, the former president has suddenly become more accessible to the media. In an interview with Gayle King on CBS News, Obama said it was “disappointing” for Republicans to call for an investigation into the 2020 election. Not surprisingly, he said there was “no legal basis” for the lawsuits challenging the election results in numerous states.

Obama hates Trump and wants him to exit the White House at the end of this term, if not sooner. While Obama might not view the lawsuits as credible, the proof of election fraud is growing each day. From questionable election software to affidavits of voting irregularities to state officials not allowing GOP observers to watch the ballots being counted, Trump lawyers have assembled a massive amount of evidence. It is unknown whether it will be enough to award President Trump another four years in the White House; however, at the very least, it should lead to a bi-partisan groundswell of support for substantial election reform in the next session of Congress.

Neither Obama nor Biden will support any type of election reform legislation, as the current systems are rigged to benefit Democrats. Instead, if Biden becomes President, Americans will see higher taxes, open borders, horrible trade deals, more overseas military engagements, an assault on our fossil fuel industry, and the embrace of the most radical legislation in American history, the Green New Deal.

Supporting Biden on the journey toward socialism will be Barack Obama, who is excited about the prospective new administration. Under a prospective Biden administration, Obama will have tremendous influence on policy, appointments and in setting a very progressive agenda.  

In his CBS interview, Obama reminded Americans of his great ability to lie. He said that the president and his supporters, “didn’t think there was any fraud going on because they didn’t say anything about it for the first two days.” What a blatant falsehood uttered by a man awfully familiar with deception.

The truth is that President Trump warned Americans for months about the potential abuses with unsolicited mail in ballots. On July 30, 2020 President Trump tweeted, “With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???”

President Trump knew that the system in place for this election would be a disaster. He was right, this election has been a total mess. Ideally, Americans should vote in person on Election Day with photo identification. Instead, in this election, voting started earlier and ended later than in any election in United States history. The problems that resulted were infuriating, but utterly predictable.

Democrats used the Covid-19 pandemic to force this election monstrosity. It may result in President Trump losing, but, at this point, he has every right to pursue all his legal options and investigate the validity of these votes.

Barack Obama is trying to close the books on this election before the massive amount of voter fraud can be authenticated. In his CBS interview, he said that “We're not above the rules, we're not above the law, that's the essence of our democracy.”

Sorry, President Obama, you are being disingenuous once again. America does not have a democracy; we are a constitutional republic. However, he is correct, the rules should apply for everyone, including Democrats.

President Trump and his legal team need to uncover if any election laws were broken. It is imperative for President Trump to pursue this type of investigation because if Joe Biden becomes president, all these investigations will end, and our country will return to politics as usual once again.  

Jeff Crouere is a native New Orleanian and his award-winning program, “Ringside Politics,” airs nationally on Real America's Voice Network, AmericasVoice.News weekdays at 7 a.m. CT and from 7-11 a.m. weekdays on WGSO 990-AM & Wgso.com. He is a political columnist, the author of America's Last Chance and provides regular commentaries on the Jeff Crouere YouTube channel and on Crouere.net. For more information, email him at jeff@ringsidepolitics.com.

GLOBALIST DEMOCRAT FOR TECH BILLIONARES JOE BIDEN'S OPEN BORDERS FOR MOR CHEAP LABOR

 

Joe Biden Promises to Raise Annual U.S. Refugee Target by 800%

Joe Biden Fundraising
AP Photo/Craig Ruttle
2:33

Joe Biden told the Jesuit Refugee Service this week that he plans to drastically increase the annual number of refugees taken in by the United States by over 800 percent of current figures.

While the Trump administration established a ceiling of 15,000 refugees for the current fiscal year, Biden said Thursday that he will raise that number to 125,000, Religion News Service (RNS) reported.

“The United States has long stood as a beacon of hope for the downtrodden and the oppressed, a leader of resettling refugees in our humanitarian response,” Biden said in a prerecorded video for a virtual celebration of the 40th anniversary of Jesuit Refugee Service.

“I promise, as president, I will reclaim that proud legacy for our country,” Biden continued. “The Biden-Harris administration will restore America’s historic role in protecting the vulnerable and defending the rights of refugees everywhere and raising our annual refugee admission target to 125,000.”

In his video message, Biden said the Jesuit Refugee Service is a “great organization” and framed the country’s historic commitment to refugee resettlement in theological terms.

“This organization was founded to serve the needs of some of the most vulnerable among us: refugees and displaced people. JRS believes that, in the stranger, we actually meet our neighbor. And that every society is ultimately judged by how we treat those most in need,” he said.

During the presidential campaign, Biden enjoyed the vocal support of a number of prominent American Jesuits despite Biden’s promises to expand abortion availability in the U.S. and abroad.

Jesuit Refugee Service Director of Advocacy and Operations Giulia McPherson declared that Biden’s move to expand U.S. reception of refugees reflects his commitment to the Catholic faith.

“That he chose to make this announcement with us tonight is an indication that President-elect Joe Biden is following his faith when it comes to American policy to protect and welcome refugees,” McPherson said in a statement.

“Not only is it exciting that the United States will once again welcome refugees at an historically high number, but it is also significant that we are hearing the President-elect speak in the language of social justice about the rights of refugees and our call as people of faith and as Americans to accompany them to safety,” she added.

JOE BIDEN - KAMALA HARRIS AND I ARE WORKING WITH OUR BANKSTERS FOR EXPANDED OBAMAnomics - Here is what it will look like for Wall Street

 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."

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"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."

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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.

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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

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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.

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“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

https://mexicanoccupation.blogspot.com/2019/05/the-recovery-that-never-happened-except.html

"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