Friday, May 11, 2012

Amid mass unemployment, corporate profits surge

Amid mass unemployment, corporate profits surge


THE ENTIRE REASON WE HAVE OPEN AND UNDEFENDED BORDERS WITH NARCOMEX IS TO KEEP WAGES DEPRESSED.

THE ENTIRE REASON THE LA RAZA DEMS ARE SABOTAGING E-VERIFY, OFFERING DREAM ACTS TO ILLEGALS, FREE OBAMACARE, FREE WELFARE FOR ANCHOR BABY BREEDERS... IS TO KEEP WAGES DEPRESSED FOR THEIR CORPORATE PAYMASTERS!


The fact that economic output has recovered with far fewer workers means that the work previously done by the now-unemployed section of the population has been transferred onto the remaining workers, in the form of speedups and intensified exploitation. But far from being paid accordingly, wages have fallen steadily.


REALITY OF AMERICAN UNDER OBAMA’S ASSAULT ON THE AMERICAN WORKER:
JOE LEGAL vs JOSE ILLEGAL... JOE LEGAL STILL GETS THE TAX BILLS FOR THE WELFARE, AND CRIMES JOSE COMMITS!

MEXICO'S BIGGEST EXPORTS NEXT TO DRUGS ARE CRIMINALS, THEIR POOR AND PREGNANT WOMEN.


Proving that President Obama is the first choice of Wall Street and the American super-rich, his reelection campaign announced Wednesday that it had broken all previous records for fundraising, raking in $86 million during the second quarter of this year.

NO PRESIDENT  IN HISTORY HAS TAKEN MORE MONEY FROM CRIMINAL BANKSTERS THAN BARACK OBAMA!

HE'S PROMISED THEM CONTINUED LOOTING, NO real REGULATION AND NO BANKSTER GOES TO PRISON!

Obama campaign raises record sums from the wealthy

By Patrick Martin
15 July 2011

Proving that President Obama is the first choice of Wall Street and the American super-rich, his reelection campaign announced Wednesday that it had broken all previous records for fundraising, raking in $86 million during the second quarter of this year.

The $86 million total dwarfed the previous record for presidential reelection fundraising, the $50 million raised by George W. Bush in the third quarter of 2003. It was far above the $60 million target set by Obama’s campaign manager, Jim Messina.

Obama for America, the official name of the reelection effort, raised $47 million, while the Democratic National Committee collected $38 million, largely from fundraising events featuring the president, where big donors are allowed to give up to $30,800 apiece. Individual donations to Obama for America are limited under federal election laws to a maximum of $5,000.
“What's needed to discourage illegal immigration into the United States has been known for years: Enforce existing law.” ….. CHRISTIAN SCIENCE MONITOR

For years, statistics have depicted growing income disparity in the United States, and it has reached levels not seen since the Great Depression. In 2008, the last year for which data are available, for example, the top 0.1 percent of earners took in more than 10 percent of the personal income in the United States, including capital gains, and the top 1 percent took in more than 20 percent. But economists had little idea who these people were. How many were Wall street financiers? Sports stars? Entrepreneurs? Economists could only speculate, and debates over what is fair stalled.
Now a mounting body of economic research indicates that the rise in pay for company executives is a critical feature in the widening income gap. 
*



*
“All of these writers proceed from a fact of American life that is becoming impossible to deny: the sharp divergence in the fortunes of the banks and investors, on the one hand, and the broad mass of the population, on the other. The Wall Street giants, the very firms that precipitated the financial crisis, are doing better than ever. They are planning record bonuses while unemployment continues to soar and wages are declining at a rate not seen in decades.”
*

THE ENTIRE REASON OUR BORDERS ARE LEFT OPEN IS TO KEEP WAGES DEPRESSED WITH MILLIONS OF ILLEGALS FLOODING OVER OUR BORDER! ERGO, OBAMA HAS SABOTAGED OUR HOMELAND SECURITY, SABOTAGED E-VERIFY AND WORKED FOR ENDLESS AMNESTY PLOYS LIKE “DREAM ACT”, AND CONTINUED NON-ENFORCEMENT.

No comments: