Tuesday, September 13, 2011

Senator Dianne Feinstein - LA RAZA DEM - A Case Study in Corruption

FEINSTEIN IS THE MOST ETHICALLY SQUALID POLITICIANS IN AMERICAN HISTORY. SHE AVOID PRISON BY VIRTUE OF THE GENEROUS CAMPAIGN CONTRIBUTIONS HER CORRUPT HUSBAND HANDS OUT TO DEMS AROUND THE NATION. THESE DEMS INCLUDE OBAMA, CLINTON, KERRY, KENNEDY, BOXER AND THE OTHER WAR MONGER, JOE LIEBERMAN.

FEINSTEIN AND BOXER HAVE SABOTAGED ANY AND ALL ATTEMPTS TO CLEAN UP ETHICS IN THE SENATE. IN PARTICULAR THEY VOTED OWN AN ATTEMPT TO END THE STAGGERING CORRUPTION THAT BOXER HAS DOWN TO A FINE GRAFT, THAT OF SIPHONING OFF CAMPAIGN BRIBES TO FAMILY MEMBERS AS “CONSULTANT FEES”. BOXER HAS SIPHONED OFF A VAST FORTUNE IN SPECIAL INTERESTS TO HER SON, OAKLAND LAWYER DOUGLAS BOXER .

During the last decade, she had amassed $185,860 in fines from the Fair Political Practices Commission in eight separate cases.


Feinstein says campaign may be 'wiped out' by Durkee
Senator employed treasurer accused on fraud charges, but her office is unable to access accounts to see how much might be missing. Rep. Davis calls suspect 'the Bernie Madoff of campaign treasurers.'
By Molly Hennessy-Fiske, Los Angeles Times
10:38 PM PDT, September 12, 2011


Sen. Dianne Feinstein (D-Calif.) said her campaign is among those that may have been "wiped out" by a Burbank-based Democratic campaign treasurer who was arrested on federal fraud charges earlier this month.

Kinde Durkee is accused of taking thousands of dollars from the campaigns of several elected officials, including Rep. Loretta Sanchez (D-Garden Grove), Rep. Susan A. Davis (D-San Diego) and Assemblyman Jose Solorio (D-Santa Ana). The Los Angeles County Democratic Party reported that more than $200,000 had been taken from its fund.

Durkee, head of Durkee & Associates, was arrested by the FBI on Sept. 2. A federal affidavit said she admitted misappropriating clients' funds for years and filing false federal campaign forms.

Durkee, who has not entered a plea on federal mail fraud charges, was released Friday on $200,000 bond.

Feinstein said Monday that Durkee had struck her campaign in addition to Sanchez's. According to her staff, Feinstein said she "was wiped out, too, but we don't know how much."

Durkee managed Feinstein's campaign finances in 1992, 1994, 2000 and 2006, and during her failed 1990 gubernatorial campaign.

Feinstein and other lawmakers have said Durkee's alleged actions came as a surprise, but investigators had been reviewing her work for years. When the FBI launched its investigation in January, the Los Angeles County district attorney's office and the state Fair Political Practices Commission were already investigating Durkee. During the last decade, she had amassed $185,860 in fines from the Fair Political Practices Commission in eight separate cases.

But a Feinstein campaign spokesman said Monday that Durkee's work never drew suspicion. Durkee was the protege of another longtime Democratic campaign treasurer, Jules Glazer. Glazer — accountant to Gov. Gray Davis and to Gov. Jerry Brown's early campaigns, among other prominent politicians — had managed Feinstein's campaign accounts with Durkee. When he retired, Durkee took over, said Bill Carrick, Feinstein's chief campaign consultant.

"In those past campaigns, we never had anything we thought was inappropriate," said Carrick, who is based in Los Angeles.

Feinstein's campaign has been unable to access the accounts Durkee controlled, Carrick said, including about $5.2 million Feinstein had raised to date.

It was unclear Monday how much money might be missing, he said.

"We'll have to examine all that to make sure going forward we have safeguards in place," Carrick said. "Right now we're just trying to make sure where our money is."

On Monday, Davis sent an email to contributors calling Durkee "the Bernie Madoff of campaign treasurers."

According to the email, Durkee allegedly stole more than $250,000 from the Davis campaign. But the congresswoman reassured contributors that her campaign had a reserve account that Durkee could not access.

"This leaves us with funds to fight back and renew our campaign," she said in the email.

Durkee is scheduled to appear in U.S. District Court in Sacramento for a preliminary hearing Oct 19.
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DO FEINSTEIN’S WAR PROFITEERING MAKE IT INTO THE POCKETS OF OBAMA?
WHO HAS ADVANCED WAR, AND WAR CORRUPTION MORE THAN FEINSTEIN, OBAMA, AND CLINTON?
FOLLOW THE MONEY AND WHEN YOU DO YOU WILL ALWAYS FIND FEINSTEIN, HER HUSBAND AND BOXER.
http://mexicanoccupation.blogspot.com/2011/09/obama-his-war-profiteer-donor-sen.html
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• Judicial Watch Announces List of Washington's "Ten Most Wanted Corrupt Politicians" for 2007

Judicial Watch Announces List of Washington’s “Ten Most Wanted Corrupt Politicians” for 2007
4. Senator Diane Feinstein (D-CA): As a member of the Senate Appropriations Committee's subcommittee on military construction, Feinstein reviewed military construction government contracts, some of which were ultimately awarded to URS Corporation and Perini, companies then owned by Feinstein's husband, Richard Blum. While the Pentagon ultimately awards military contracts, there is a reason for the review process. The Senate's subcommittee on Military Construction's approval carries weight. Sen. Feinstein, therefore, likely had influence over the decision making process. Senator Feinstein also attempted to undermine ethics reform in 2007, arguing in favor of a perk that allows members of Congress to book multiple airline flights and then cancel them without financial penalty. Judicial Watch’s investigation into this matter is ongoing.
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“WHY HASN’T SHE EXPRESSED OUTRAGE ABOUT SOME OF THE POTENTIAL CONFLICTS WITH PEOPLE IN OR CLOSE TO THE BUSH ADMINISTRATION?... COULD IT BE THAT SHE HERSELF HAS SOME ENTANGLEMENTS?”

"Why hasn't she expressed outrage about some of the potential conflicts with people in or close to the Bush administration?" Lewis said. "Could it be that she herself has some entanglements?"

Blum's firms win multimillion-dollar defense contracts in Iraq, Afghanistan Phillip Matier, Andrew Ross Sunday, April 27, 2003 When it comes to scoring mega-military-related contracts, Sen. Dianne Feinstein's multimillionaire husband, Richard Blum, is right in the thick of things.

First up: a contract announced last week between the Army and URS Corp., the San Francisco planning and engineering company that specializes in defense work -- and that happens to be partly owned by Blum's investment firm. The contract -- which could grow to $600 million -- is to help with troop mobilization, weapons systems training and anti-terrorism methods. That's on top of a $3.1 billion Army contract that URS snared back in February for weapons systems and homeland defense. Next up: Perini Corp., which qualified earlier this month for as much as $100 million of defense work in Iraq and elsewhere. The Massachusetts-based company is already busy building barracks and other facilities for the new Afghan army -- a separate contract worth $28 million. Blum's investment firm controls about 20 percent of Perini's shares, with the majority held by a group of investors led by company chairman Ron Tutor. Some of Perini's stock is also held by Tutor's West Coast construction company, Tutor-Saliba -- the firm that built the Los Angeles subway system, rebuilt the Oakland Coliseum and put BART into San Francisco International Airport. Tutor-Saliba also oversaw construction of SFO's new international terminal - - work that is under investigation by the city attorney's office for alleged overbilling. But it's Blum's ties to URS -- in which he controls about a quarter of the stock -- that are certain to raise the most questions. In July, URS acquired defense contractor EG&G (the technical services branch that won the $600 million contract) from the Carlyle Group investment firm. That's the outfit that boasts ex-President George H.W. Bush, former Secretary of State James Baker and ex-British Prime Minister John Major as advisers. In exchange, Carlyle received cash and a chunk of URS stock worth a total of $500 million. What's more, a top Carlyle manager now sits alongside Blum on URS' board of directors. Celia Wexler, research director for Common Cause in Washington, D.C., says all the defense and homeland security deals involving Blum-connected companies raise concern of political hanky-panky -- especially with talk of the United States spending $100 billion to rebuild Iraq. "You don't want this process to be tainted by the possibility that there is any favoritism involved -- whether it's to the husband of a powerful Democratic senator or someone close to the Bush administration," Wexler said. "In the end, you want a process that is competitive, accountable and open. It's the only way there will be confidence the process is not larded by cronyism or inside deals." Both Blum and Feinstein -- along with representatives of both URS and Perini -- said all the deals have been on the up and up. "Sen. Feinstein has no say or involvement whatsoever in how (Defense Department) contracts are awarded," said Blum spokesman Owen Blicksilver. He added that URS -- with 27,000 employees worldwide -- is "a big public company that bids on dozens of public contracts . . . and as a matter of policy, the board of directors -- of which Mr. Blum is a member -- is never told what the company is bidding on." As for Blum's Perini involvement, Blicksilver said that Blum doesn't serve on the board and that the company represents less than 1 percent of his overall investments. "So his benefit from any contract to Perini is (minuscule)," Blicksilver said. Feinstein spokesman Howard Gantman similarly dismissed any ethics concerns, saying none of the contracts is voted on by the Senate. "We have checked with the Ethics Committee to make sure there is no conflict of interest, and have been told there are no conflicts," Gantman said. By the way, we questioned the office of Rep. Henry Waxman, the Los Angeles Democrat and House Government Reform Committee member whose protest recently halted the awarding of a defense contract to Vice President Dick Cheney's old company, Halliburton. "That's a fundamentally different situation," said Waxman's chief of staff, Phil Schiliro. His boss objected to a Halliburton subsidiary being awarded a no-bid contract to repair Iraqi oil fields because the firm had just paid $2 million to settle a claim that it had overcharged the government on an earlier contract, Schiliro said. "The government didn't allow any other bidders to compete for the contract, and gave Kellogg Brown & Root (the Halliburton subsidiary) the kind of contract it had just abused," Schiliro said. Charles Lewis, executive of the nonpartisan Center for Public Integrity watchdog group in Washington, says that "regardless of whether there is a direct conflict of interest, it's useful to know that the spouse of a sitting senator is getting richer because of what's going on in the world."
“WHY HASN’T SHE EXPRESSED OUTRAGE ABOUT SOME OF THE POTENTIAL CONFLICTS WITH PEOPLE IN OR CLOSE TO THE BUSH ADMINISTRATION?... COULD IT BE THAT SHE HERSELF HAS SOME ENTANGLEMENTS?” "Why hasn't she expressed outrage about some of the potential conflicts with people in or close to the Bush administration?" Lewis said. "Could it be that she herself has some entanglements?"

March 1, 2006 The Democrats' Daddy Warbucks
Feinstein family war profits, part II

Sen. Dianne Feinstein's husband, Richard Blum, could well be called the Democrats' Daddy Warbucks. He's scored bundles from war contracts. He has recently purchased a $16.5 million crib in San Francisco and along with his wife has handed hundreds of thousands of dollars over to fellow Democrats. Since the 2000 election cycle, Blum has contributed over $75,000 to the Democratic Senatorial Committee, and thousands more to individual Democrats, including John Kerry, Robert Byrd, Joe Lieberman, Ted Kennedy, and Barbara Boxer. Richard Blum's history as an entrepreneur began at the ripe age of 23 when he began to work for the San Francisco brokerage firm Sutro & Company. Blum quickly climbed the ranks and became a partner by the age of 30. According the San Francisco Chronicle, "Blum proved that he had an eye for fixer-upper properties when he led a partnership that acquired the struggling Ringling Bros. and Barnum & Bailey Circus for $8 million – then sold it to Mattel Inc. four years later for $40 million." In 1975, Blum went out on his own and formed a brokerage agency. Today, Blum's lofty firm, Blum Capital, holds positions in more than 20 companies, including real estate giants, credit bureaus, and yes, even military contractors. Blum sees himself as an altruistic capitalist, claims one of his ex-employees: "He likes to go after companies that are down and out, and bring their stock back to life. He thinks he's doing good." Blum shares a large stake in Perini, a civil construction company that is happily employed in Iraq and Afghanistan. But not all of Blum's war profits come from Perini. In 1975, his venture capital firm went after fledging construction and design company URS when the business was about to be bought out by another corporation. Since then, Blum has increased his stock in URS, capitalizing on its recent military contracts. Unlike Blum's dabbling with Barnum & Bailey, his current profits aren't so safe for child consumption. Here are the basics to date: Blum currently holds over 111,000 shares of stock in URS Corporation, which is now one of the top defense contractors in the United States. Blum is an acting director of URS, which bought EG&G, a leading provider of technical services and management to the U.S. military, from The Carlyle Group in 2002. Carlyle's trusty advisers, past and present, include former President George H.W. Bush, James Baker, and ex-SEC Commissioner Arthur Levitt, among other prominent neoconservatives and Washington power brokers. URS and Blum have since banked on the Iraq war, scoring a phat $600 million contract through EG&G. As a result, URS has seen its stock price more than triple since the war began in March 2003. Blum has cashed in over $2 million on this venture alone and another $100 million for his investment firm. "As part of EG&G's sale price," reports the San Francisco Chronicle, "Carlyle acquired a 21.74 percent stake in URS – second only to the 23.7 percent of shares controlled by Blum Capital." The Carlyle Group has long been accused of exploiting its political connections to turn a profit. And if Carlyle can come under the microscope for its government ties and war profiteering, as it did in Michael Moore's Fahrenheit 9/11, than surely Blum's URS ought to be subject to the same scrutiny.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
“WE MUST PROTECT BUSH’S FILTHY SAUDIS BED PARTNERS! IT MEANS MONEY IN MY PIMP’S POCKETS!” --- Senator Dianne Feinstein, Whore.

The Byrne Report Hawk Tale By Peter Byrne ON JAN. 18,
California senator Dianne Feinstein introduced Dr. Condoleezza Rice at a Senate nomination hearing for Secretary of State in terms so saccharine that molasses seemed to ooze out of her mouth. She was a precocious child, Feinstein purred. She has skill, judgment and poise. She loves football. Bush loves her. "The problems we face abroad are complex and sizable. If Dr. Rice's past performance is any indication, though, we can rest easy." That very same day, Feinstein's husband, Richard Blum, took advantage of a spike in the price of his URS Corporation stock. He sold a third of his holdings in the defense contractor for $57 million, according to filings with the U.S. Securities and Exchange Commission. With Rice confirmed, the business of death and occupation looks rosy as hell for Feinstein, who--let's get real--benefits tremendously from sharing community property with Blum. URS' largest customer is the U.S. Army, which accounted for 17 percent ($587 million) of its cash revenue in 2004. In 2001, URS enjoyed a mere $169 million in defense contracts. Now, its war contracts total more than $2 billion. According to its annual report, the San Francisco based URS anticipates that profits will rocket up in 2005, because "operations in the Middle East are expected to generate increased work related to the development of weapons systems, the training of military pilots and the maintenance, upgrade and repair of military vehicles."
Provided, of course, that our hawkish leadership remains as poised and lovable as the new Secretary of State. Feinstein, who sits on the Defense Appropriations Subcommittee, is an advocate of first-strike warfare, even though it flouts international law and the standards of common decency. Interestingly, her Financial Disclosure Report for 2003 was more than three times the size of her 2002 disclosure (Feinstein's 2003 disclosure numbers 133 pages, compared to Sen. Barbara Boxer's six-page report). The Feinstein-Blum portfolio is crammed with multimillion dollar investments in the military-industrial-financial complex and corporations that heavily exploit Third World peoples.

The senator has a lot to lose should the neoconservative war machine falter. Hubby holds a controlling interest in another engineering firm, Perini Corporation of Framingham, Mass. Perini ranks No. 6 by dollar amount in war-related government contracts in the Middle East. According to its annual report, "Perini proudly supports the U.S. government with global rapid response capabilities for defense, reconstruction and security." Perini builds military facilities and roads in Afghanistan, electrical infrastructure in Iraq and U.S. embassies around the world. After the Senate, Feinstein included, approved Bush's war plans in 2002, Perini's defense contract awards soared from negligible to $2.52 billion. But, as with many of the sole-source, open-ended contracts awarded to politically connected firms, there are problems with accountability. Last summer, Department of Defense auditors determined that Perini could not adequately justify its costs in Iraq as fair and reasonable. That's government-speak for: They're gouging the #!$% out of us. Perini is heavily engaged in military and municipal public works projects inside the United States; at least two are also under investigation for contract fraud. For example, the city of San Francisco has sued general contractor Perini--which was in a joint venture with the Tutor-Saliba construction firm--for $100 million in cost overruns at a San Francisco International Airport project. The lawsuit alleges that the joint venture engaged in "a sophisticated pattern of fraud," including inflating costs, fabricating delays and setting up minority front companies to exploit affirmative-action preferences. The attorney general of Massachusetts is looking into alleged false claims made by a Perini joint venture in the "Big Dig" urban highway construction boondoggle in Boston. Ron Tutor, owner of Tutor-Saliba and CEO of Perini, bought into the latter company, along with Blum, as it teetered on the edge of solvency in the mid- 1990s due to a bad real estate investment. It rebounded, thanks to the firm's sudden ability to obtain lucrative U.S. military and government contracts, which, of course, had nothing to do with the fact that Blum's powerful wife has her hands on the military's purse strings. Remarkably, Perini grossed $1.37 billion in 2003, up 27 percent from the previous year, before the U.S. invasion and occupation of Iraq. Perini attributes its rocketing profits to "increased volume of work in Iraq and Afghanistan." As a risk factor, the firm notes that continued demand for its military services depends upon "the political situation in Iraq," which, logically, means that it desires the bloody war and useless occupation to continue indefinitely--a wish that hawktails with the foreign policy positions of Bush, Rice, Rumsfeld and Feinstein. I almost forgot: Perini Corp. is the nation's most active builder of Indian-fronted casinos. That explains a few things about Sen. Feinstein and the politics of gambling, soon to be revealed in greater detail in this space.

Maintenance of low wages key to US auto profits

Maintenance of low wages key to US auto profits

BANK of AMERICA - CRIMINAL BANKSTERS - WHO REALLY PAYS FOR THE BANKSTERS' LOOTING OF AMERICA? WHO PAYS FOR LA RAZA'S LOOTING?

OBAMA, NOTHING MORE THAN BUSH’S THIRD TERM, SPENT HIS FIRST TWO YEARS SERVICING BANKSTERS AND BUILDING HIS LA RAZA PARTY BASE BY SABOTAGING OUR BORDERS, SABOTAGE E-VERIFY, PUT A LA RAZA SUPREMACIST, HILDA SOLIS IN AS SEC. OF LABOR AS WELL AS CONTINUE THE BUSH NON-ENFORCEMENT OF LAWS PROHIBITING THE EMPLOYMENT OF ILLEGALS!
WHAT WOULD THE UNEMPLOYMENT RATE BE IF THERE WERE NOT MILLIONS OF ILLEGALS IN OUR JOBS?

WE KNOW WHAT THE MURDER RATE WOULD BE! THE CA ATTORNEY GENERAL KAMALA HARRIS HAS STATE THAT HALF THE MURDERS IN CA ARE BY MEXICAN GANGS.

CALIFORNIA NOT ONLY ENABLES TO TAKE OUR JOBS USING STOLEN SOCIAL SECURITY NUMBERS, BUT PAYS OUT $20 BILLION PER YEAR IN SOCIAL SERVICES TO THEM.

THE STATE IS RUN BY THE LA RAZA DEM PARTY, FOR OPEN BORDERS, AND TO KEEP WAGES DEPRESSED WITH AN ENDLESS NUMBER OF ILLEGALS CROSSING OUR BORDERS DAILY.

Bank of America layoffs overshadow Obama’s phony “jobs” bill
By Joseph Kishore
13 September 2011
Bank of America, the largest US bank and one of the country's largest employers, announced plans Monday to cut 30,000 jobs by the end of 2013. The news, the largest mass layoff so far this year, is the latest in a series of indications that the disastrous jobs crisis in the United States is worsening.
The cuts amount to about 10 percent of Bank of America's total workforce and are part of a plan by the company to eliminate about $5 billion in annual costs from its consumer banking operations. Further restructuring in other sectors is also being planned.
Last month, the bank announced the immediate layoff of 3,500 workers, adding to 2,500 already implemented earlier this year. Prior to announcing the additional reductions, CEO Brian Moynihan stated Monday that his aim was to make the bank "leaner, more straightforward, more driven."
Many of the cuts will come from shutting down branches and reducing staff in states throughout the country, with much broader repercussions for local economies.
The retrenchment at Bank of America is a sign of a deepening economic recession in the United States, against the backdrop of the resumption of the global economic and financial crisis. The bank is among those most closely tied to economic growth, as it is one of the biggest consumer lenders and has large housing mortgage operations as well.
In July 2008, Bank of America acquired Countrywide Financial, which was heavily involved in subprime lending and the production of mortgage-backed securities. There are some indications that Bank of America may try to send Countrywide into bankruptcy as a means of escaping large financial and legal obligations.
The announcement from Bank of America came the same day as President Obama formally presented his proposed "American Jobs Act," a series of right-wing measures that will do little or nothing to address the jobs crisis. The legislation is intended largely as a prelude to massive budget cuts to be proposed next Monday.
In remarks on Monday, Obama again stressed that all the provisions have received support from Republicans and businesses.
According to a White House summary, the main proposals include: $78 billion in tax cuts for businesses; $175 billion in payroll tax cuts, which will reduce funding for Social Security, Medicare and Medicaid; $50 billion for infrastructure spending and an additional $10 billion for a proposed "infrastructure bank"; and $30 billion in education spending.
Long-term unemployment insurance would be extended (generally a routine measure in a jobs recession), but this is connected to "reforms of our unemployment system to provide greater flexibility" including "work-based uses" of federal funds by states.
Among the proposals singled out by Obama is a measure in Georgia that has unemployed workers work for free for companies while receiving benefits. This proposal, which is a step towards effectively abolishing the concept of unemployment benefits, has received the strong backing of Republican representatives.
The response from Republicans leaders as a whole to the bill has been largely favorable, with House Majority Leader Eric Cantor saying it contains "lots of things" that the Republicans would like to see passed as well. As the bill goes through Congress, it will inevitably become even more right-wing.
The administration is insisting that all of these proposals be fully paid for, including through substantial cuts in Medicare and Medicaid. Obama is calling on the "super committee" of Republicans and Democrats to go far beyond its legal requirement to propose $1.5 trillion in cuts over the next decade. The committee is supposed to make its recommendations by the end of November.
The administration suggested Monday that the funds to pay for the bill could come from ending tax breaks on oil companies and corporate jets, proposals that were also made earlier this year during the debate on raising the debt ceiling.
As was the case then, these proposals are cynical demagogy, a smokescreen for plans by the bipartisan committee that will include trillions in cuts to social spending, along with "tax reform" that will likely involve a substantial reduction in the tax rate on corporations and the wealthy.
A group of 57 corporate executives and former government officials (both Democratic and Republican) issued a letter Monday echoing Obama's call for the deficit reduction committee to "go big" in proposing budget cuts to be voted by Congress.
"We believe that a go big approach that goes well beyond the $1.5 trillion deficit reduction goal that the Committee has been charged with and includes major reforms of entitlement programs and the tax code is necessary to bring the debt down to a manageable and sustainable level, improve the long-term fiscal imbalance, reassure markets, and restore American's faith in the political system," the group wrote.
The group, organized by the Committee for a Responsible Federal Budget, includes Obama's former chief economic adviser Christina Roemer; Alan K. Simpson, co-chair of Obama's National Commission on Fiscal Responsibility and Reform; Robert Rubin, former treasury secretary under Clinton; and other prominent figures from the political establishment.
While there were no specific proposals on cuts, a September 7 report from the CRFB ("What we Hope to See from the Super Committee") calls for "serious reforms to Social Security, Medicare, Medicaid and other health spending" that would include increasing premiums, raising the retirement age for Medicare, "reforming" Medicaid rules, and placing caps on overall federal health care spending.
The group also calls for "pro-growth tax reform" that would "broaden the base by reducing deductions, credits, exemptions, and other tax expenditures" while "lowering the individual and corporate tax rates." Among the most important deductions that would likely be targeted would be the deduction for mortgage payments, which benefits millions of households.
Not only will these measures amount to a further handout to the wealthy while cutting programs upon which millions of people depend, the austerity measures will also reduce economic growth and deepen the jobs crisis.

Bank of America layoffs overshadow Obama’s phony “jobs” bill

Bank of America layoffs overshadow Obama’s phony “jobs” bill