Sunday, July 22, 2012

THE OBAMA PREDATORS: CRIMINAL BIG BANKSTERS, LA RAZA FASCISM and OBAMA'S LA RAZA INFESTED ADMINISTRATION PUSHING FOR OPEN BORDERS


THERE’S NO ONE IN AMERICAN HISTORY THAT HAS WORKED FOR CRIMINAL BANKSTERS MORE THAN BARACK OBAMA! THERE’S NO ONE THAT HAS TAKEN MORE MONEY FROM BANKSTERS THAN OBAMA.


DURING IS FIRST 2 YEARS IN OFFICE, BANKSTERS MADE MORE THAN ALL 8 UNDER BUSH! AND NOT ONE HAS BEEN PROSECUTED!

 

Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America  


BY CHARLES H. FERGUSON
Book Description

Publication Date: May 22, 2012



Charles H. Ferguson, who electrified the world with his Oscar-winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators’ path to conquest.
Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history.

· Finance has become America’s dominant industry, while manufacturing, even for high technology industries, has nearly disappeared.

· The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished.

· Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions.

· Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world’s most unequal and unfair societies.

If you’re smart and a hard worker, but your parents aren’t rich, you’re now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York.
This radical shift did not happen by accident.

Ferguson shows how, since the Reagan administration in the 1980s, both major political parties have become captives of the moneyed elite. It was the Clinton administration that dismantled the regulatory controls that protected the average citizen from avaricious financiers. It was the Bush team that destroyed the federal revenue base with its grotesquely skewed tax cuts for the rich. And it is the Obama White House that has allowed financial criminals to continue to operate unchecked, even after supposed “reforms” installed after the collapse of 2008.

Predator Nation reveals how once-revered figures like Alan Greenspan and Larry Summers became mere courtiers to the elite. Based on many newly released court filings, it details the extent of the crimes—there is no other word—committed in the frenzied chase for wealth that caused the financial crisis. And, finally, it lays out a plan of action for how we might take back our country and the American dream.

Guest Reviewer: Simon Johnson on Predator Nation by Charles H. Ferguson


Simon Johnson is coauthor of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown and White House Burning: The Founding Fathers, Our National Debt, and Why It Matters To You.

Predator Nation demolishes the view that the global financial crisis was merely some sort of freak accident. Charles Ferguson makes a convincing case that the world’s banking system was brought to the brink of complete collapse in 2008–09 by a virulent combination of unchecked greed and criminal behavior.

This is an epic crime story with an apparently clean getaway, courtesy of the George W. Bush and Barack Obama administrations. Both presidents proved unwilling to hold anyone to account—or even to launch meaningful investigations.

Leading bankers walked away with billions of dollars in unjustified compensation. The costs imposed on the rest of us can be measured in the trillions of dollars.

Predator Nation provides a roadmap for prosecution, systematically covering the banks involved, the names of culpable executives, the obvious crimes, the precise laws broken, and the evidence hiding in plain sight. No doubt it will be widely ignored by our legal officials.

Ferguson’s points are also intensely political. Reckless behavior by bankers can be traced back to the bipartisan consensus around deregulating finance in recent decades. This result is a socially destructive industry with immense political power—and capable of defeating all attempts at meaningful reform. The continued predominance of rogue finance is greatly facilitated by its effective corruption of American academia and many so-called “independent experts” (documented in Charles Ferguson’s Oscar-winning movie, Inside Job.)

Big banks hold American politics in a death grip. To understand this—and to start to think about how to break this grip—read Predator Nation and give a copy to everyone you know.

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THE BANKSTER-OWNED PRESIDENT PROMISED HIS CRIMINAL BANKSTER DONORS NO real REGULATION, NO PRISON TIME, AND UNLIMITED PILLAGING OF THE NATION’S ECONOMY!

DESPITE THE DEVASTATION THESE BANKSTERS HAVE CAUSED AMERICANS, THEIR PROFITS SOARED GREATER DURING OBAMA’S FIRST TWO YEARS, THAN ALL EIGHT UNDER BUSH. SO HAVE FORECLOSURES!

Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).



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“Barack Obama's favorite banker faces losses of $2 billion and possibly more -- all because of the complex, now-you-see-it-now-you-don't trading in exotic financial instruments that he has so ardently lobbied Congress not to regulate.”
Is JPMorgan's Loss a Canary in a Coal Mine?

Posted: 05/16/2012 4:49 pm

That sound of shattered glass you've been hearing is the iconic portrait of Jamie Dimon splintering as it hits the floor of JPMorgan Chase. As the Good Book says, "Pride goeth before a fall," and the sleek, silver-haired, too-smart-for-his-own-good CEO of America's largest bank has been turning every television show within reach into a confessional booth. Barack Obama's favorite banker faces losses of $2 billion and possibly more -- all because of the complex, now-you-see-it-now-you-don't trading in exotic financial instruments that he has so ardently lobbied Congress not to regulate.
Once again, doing God's work -- that is, betting huge sums of money with depositor funds knowing that you are too big to fail and can count on taxpayers riding to your rescue if your avarice threatens to take the country down -- has lost some of its luster. The jewels in Dimon's crown sparkle with a little less grandiosity than a few days ago, when he ridiculed Paul Volcker's ideas for keeping Wall Street honest as "infantile."
To find out more about what this all means, I turned to Simon Johnson, once chief economist of the International Monetary Fund and now a professor at MIT's Sloan School of Management and senior fellow at the Peterson Institute for International Economics. He and his colleague James Kwak founded the now-indispensable website baselinescenario.com. They co-authored the bestselling book 13 Bankers and a most recent book, White House Burning, an account every citizen should read to understand how the national deficit affects our future.
Bill Moyers: If Chase began to collapse because of risky betting, would the government be forced to step in again?

Simon Johnson: Absolutely, Bill. JPMorgan Chase is too big to fail. Hopefully in the future we can move away from this system, but right now it is too big. It's about a $2.5 trillion dollar bank in terms of total assets. That's roughly 20 percent of the U.S. economy, comparing their assets to our GDP. That's huge. If that bank were to collapse -- I'm not saying it will -- but if it were to collapse, it would be a shock to the economy bigger than that of the collapse of Lehman Brothers, and as a result, they would be protected by the Federal Reserve. They are exactly what's known as too big to fail.
Moyers: I was just looking at an interview I did with you in February of 2009, soon after the collapse of 2008 and you said, and I'm quoting, "The signs that I see... the body language, the words, the op-eds, the testimony, the way these bankers are treated by certain congressional committees, it makes me feel very worried. I have a feeling in my stomach that is what I had in other countries, much poorer countries, countries that were headed into really difficult economic situations. When there's a small group of people who got you into a disaster and who are still powerful, you know you need to come in and break that power and you can't. You're stuck." How do you feel about that insight now?

Johnson: I'm still nervous, and I think that the losses that JPMorgan reported -- that CEO Jamie Dimon reported -- and the way in which they're presented, the fact that they're surprised by it and the fact that they didn't know they were taking these kinds of risks, the fact that they lost so much money in a relatively benign moment compared to what we've seen in the past and what we're likely to see in the future -- all of this suggests that we are absolutely on the path towards another financial crisis of the same order of magnitude as the last one.
Moyers: Should Jamie Dimon resign? I ask that because as you know and as we've discussed, Chase and other huge banks have been using their enormous wealth for years to, in effect, buy off our politicians and regulators. Chase just had to pay up almost three quarters of a billion dollars in settlements and surrendered fees to settle one case alone, that of bribery and corruption in Jefferson County, Alabama. It's also paid out billions of dollars to settle other cases of perjury, forgery, fraud and sale of unregistered securities. And these charges were for actions that took place while Mr. Dimon was the CEO. Should he resign?

Johnson: I think, Bill, there should be an independent investigation into how JPMorgan operates both with regard to these losses and with regard to all of the problems that you just identified. This investigation should be conducted separate from the board of directors. Remember that the shareholders and the board of directors absolutely have an incentive to keep JPMorgan Chase as a too-big-to-fail bank. But because it is that kind of bank, its downside risk is taken by the Federal Reserve, by the taxpayer, by the broader economy and all citizens. We need to have an independent, detailed, specific investigation to establish who knew what when and what kind of wrongdoing management was engaged in. On the basis of that, we'll see what we'll see and who should have to resign.
Moyers: Dimon is also on the board of the Federal Reserve Bank of New York, which, as everyone knows is supposed to regulate JPMorgan. What in the world are bankers doing on the Fed board, regulating themselves?
Johnson: This is a terrible situation, Bill. It goes back to the origins, the political compromise at the very beginning of the Federal Reserve system about a hundred years ago. The bankers were very powerful back then, also, and they got a Federal Reserve system in which they had a lot of representation. Some of that has eroded over time because of previous abuses, but you're absolutely right, the prominent bankers, including most notably, Jamie Dimon, are members of the board of the New York Federal Reserve, a key element in the Federal Reserve system. And he should, under these circumstances, absolutely step down from that role. It's completely inappropriate to have such a big bank represented in this fashion. The New York Fed claims there's no impropriety, there's no wrong doing and he doesn't involve himself in supervision and so on and so forth. Perhaps, but why does Mr. Dimon, a very busy man, take time out of his day to be on the board of the New York fed? He is getting something from this. It's a trade, just like everything else on Wall Street.
Moyers: He dismissed criticism of his dual role yesterday by downplaying the role of the Fed board. He said it's more like an "advisory group than anything else." I had to check my hearing aid to see if I'd heard that correctly.
Johnson: Well, I think he is advising them on lots of things. He also, of course, meets with some regularity with top Treasury officials, and some reports say that he meets with President Obama with some regularity. The political access and connections of Mr. Dimon are second to none. One of his senior executives was until recently chief of staff in the White House, if you can believe that. I really think this has gone far enough. Under these kinds of circumstances with this amount of loss of control over risk management, what we need to have is Mr. Dimon step down from the New York Federal Reserve Board.
Moyers: He told shareholders at their annual meeting Tuesday -- they were meeting in Tampa, Florida -- that these were "self-inflicted mistakes" that "should never have happened." Does that seem reasonable to you?

Johnson: Well, it's all very odd, Bill, and I've talked to as many experts as I can find who are at all informed about what JPMorgan was doing and how they were doing it and nobody really understands the true picture. That's why we need an independent investigation to establish -- was this an isolated incident or, more likely, the breakdown of a system of controlling and managing risks. Keep in mind that JPMorgan is widely regarded to be the best in the business at risk management, as it is called on Wall Street. And if they can't do this in a relatively benign moment when things are not so very bad around the world, what is going to happen to them and to other banks when something really dramatic happens, for example, in Europe in the eurozone?
Moyers: Some of his supporters are claiming that only the bank has lost on this and that there's absolutely no chance that the loss could have threatened the stability of the banking system as happened in 2008. What do you say again to that?
Johnson: I say this is the canary in the coal mine. This tells you that something is fundamentally wrong with the way banks measure, manage and control their risks. They don't have enough equity funding in their business. They like to have a little bit of equity and a lot of debt. They get paid based on return on equity, unadjusted for risk. If things go well, they get the upside. If things go badly, the downside is someone else's problem. And that someone else is you and me, Bill. It goes to the Federal Reserve, but not only, it goes to the Treasury, it goes to the debt.
The Congressional Budget Office estimates that the increase in debt relative to GDP due to the last crisis will end up being 50 percent of GDP, call that $7 trillion dollars, $7.5 trillion dollars in today's money. That's extraordinary. It's an enormous shock to our fiscal accounts and to our ability to pay pensions and keep the healthcare system running in the future. For what? What did we get from that? Absolutely nothing. The bankers got some billions in extra pay, we get trillions in extra debt. It's unfair, it's inefficient, it's unconscionable, and it needs to stop.

Moyers: Wasn't part of the risk that Dimon took with taxpayer guaranteed deposits? I mean, if I had money at JPMorgan Chase, wouldn't some of my money have been used to take this risk?

Johnson: Again, we don't know the exact details, but news reports do suggest that yes, they were gambling with federally insured deposits, which just really puts the icing on the cake here.

Moyers: Do we know yet what is Dimon's culpability? Is it conceivable to you that a risk this big would have been incurred without his approval?
Johnson: It seems very strange and quite a stretch. And he did tell investors, when he reported on first quarter earnings in April, that he was aware of the situation, aware of the trade -- he called it a "tempest in a teacup," and, therefore, not something to worry about.
Moyers: He's been Wall Street's point man in their campaign against tighter regulation of derivatives and proprietary trading. Were derivatives at the heart of this gamble?

Johnson: Yes, according to reliable reports, this was a so-called "hedging" strategy that turned out to be no more than a gamble, but the people involved perhaps didn't understand that or maybe they understood it and covered it up. It was absolutely about a bet on extremely complex derivatives and the interesting question is who failed to understand exactly what they were getting into. And how did Jamie Dimon, who has a reputation that he burnishes more than anybody else for being the number one expert risk manager in the world -- how did he miss this one?
Moyers:I've been reading a lot of stories today about members of the House, Republicans in particular, saying this doesn't change their opinion at all that we've got to still diminish regulation. What do you think about that?

Johnson: I think that it is a recipe for disaster. Look, deregulating or not regulating during the boom is exactly how you get into bailouts in the bust. The goal should be to make all the banks small enough and simple enough to fail. End the government subsidies here. And when I talk to people on the intellectual right, Bill, they get this, as do people on the intellectual left. The problem is, the political right largely doesn't want to go there because of the donations. I'm afraid some people, not all, but some people on the political left don't want to go there either.

Moyers: The Washington Post reported that the Justice Department has launched a criminal investigation into JPMorgan's trading loss. Have you spotted -- and I know this is sensitive -- but have you spotted anything in the story so far that suggests the possibility of criminality? Dodd-Frank is not in existence yet, so where would any possibility of criminality come from?
Johnson: Well Dodd-Frank is in existence but the rules have not been written and therefore not implemented. So yes, it is hard to violate those rules in their current state. And many of those rules, by the way, violation would be a civil penalty, not a criminal penalty. If you violate a securities law -- if you've mislead investors, if there was material adverse information that was not disclosed in an appropriate and timely manner -- that's a very serious offence traditionally.
I have to say that the Department of Justice and the Securities and Exchange Commission have not been very good at enforcing securities law in recent years, including and specifically since the financial crisis. I am skeptical that this will change. But if they have an investigation that reveals all of the details of what happened and how it happened, that would be extremely informative and show us, I believe, that the risk management approach and attitudes on Wall Street are deeply flawed and leading us towards a big crisis.
Moyers: So what are people to do, Simon? What can people do now in response to this?
Johnson: Well, I think you have to look for politicians who are proposing solutions, and look on the right and on the left. I see Elizabeth Warren, running for the Senate in Massachusetts, who is saying we should bring back Glass-Steagall to separate commercial banking from investment banking. I see Tom Hoenig, who is not a politician, he's a regulator, he's the former president of the Kansas City Fed, and he's now one of the top two people at the Federal Deposit Insurance Corporation, the FDIC. He is saying that big banks should no longer have trading desks. That's the same sort of idea that Elizabeth Warren is expressing. We need a lot more people to focus on this and to make this an issue for the elections.

And I would say in this context, Bill, it's very important not to be distracted. I understand for example, Speaker Boehner, the Republican Speaker of the House of Representatives, is proposing to have another conflict over the debt ceiling in the near future. This is the politics of distraction. This is refusing to recognize that a huge part of our fiscal problems today and in the future are due to these risks within the financial system that are allowed because the people running the biggest banks hand out massive campaign contributions across the political spectrum.
Moyers: Are you saying that this financial crisis, so-called, is at heart a political crisis?
Johnson: Yes, exactly. I think that a few people, particularly in and around the financial system, have become too powerful. They were allowed to take a lot of risk, and they did massive damage to the economy -- more than eight million jobs lost. We're still struggling to get back anywhere close to employment levels where we were before 2008. And they've done massive damage to the budget. This damage to the budget is long lasting; it undermines the budget when we need it to be stronger because the society is aging. We need to support Social Security and support Medicare on a fair basis. We need to restore and rebuild revenue, revenue that was absolutely devastated by the financial crisis. People need to understand the link between what the banks did and the budget. And too many people fail to do that. "Oh, it's too complicated. I don't want to understand the details, I don't want to spend time with it." That's a mistake, a very big mistake. You're playing into the hands of a few powerful people in the society who want private benefit and social loss.

Watch Moyers & Company weekly on public television. See more web-only features like this at BillMoyers.com

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Why hasn’t Obama been impeached? His violations of our borders laws, inducing illegals to vote, sabotage of jobs for Americans, connections to criminal banksters…. WHAT DOES IT TAKE?

NO WORKS IN THE CORRUPT OBAMA WHITE HOUSE THAT IS NOT CONNECTED TO THE BANKSTERS THAT OWN OBAMA, OR THE MEXICAN FASCIST PARTY of LA RAZA!

THE REASON OBAMA BROUGHT IN DALEY WAS BECAUSE WAS FROM JPMORGAN, AND AN ADVOCATE FOR OPEN BORDERS.

For much of Obama’s tenure, Jamie Dimon was known as the White House’s “favorite banker.” According to White House logs, Dimon visited the White House at least 18 times, often to talk to his former subordinate at JPMorgan, William Daley, who had been named White House chief of staff by Obama after the Democratic rout in the 2010 elections.

OBAMA PROMISED HIS CRIMINAL BANKSTER DONORS NO PRISON TIME AND NO REAL REGULATION. DID HE DELIVER?

The JPMorgan scandal also throws into relief the government’s failure to prosecute those responsible for the 2008 financial meltdown. Despite overwhelming evidence of wrongdoing and criminality uncovered by two federal investigations last year, those responsible have been shielded from prosecution.

Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).

The JPMorgan debacle

15 May 2012

The economic and political fallout from JPMorgan Chase’s sudden announcement last Thursday night that it lost more than $2 billion from speculative bets on credit derivatives continued to grow on Monday. The biggest US bank announced the forced retirement of Ina Drew, who headed up the bank’s London-based Chief Investment Office, which placed huge bets on the creditworthiness of a collection of US corporations. Other top executives and traders are expected to be sacked or demoted.

The bank’s shares fell another 3.2 percent, bringing its two-day market capitalization loss to nearly $19 billion. The Wall Street Journal reported that JPMorgan was prepared for a total loss of more than $4 billion over the next year from its soured stake in credit default swaps—the same investment vehicle that played a central role in the collapse of Lehman Brothers and the government bailout of insurance giant American International Group (AIG) in September of 2008.

In an interview on NBC’s “Meet the Press” program on Sunday, JPMorgan CEO Jamie Dimon sought to present the loss as an innocent mistake, resulting from “errors, sloppiness and bad judgment.” Only a month ago, Dimon, who has led the public campaign by Wall Street against even the mildest restrictions on speculative banking practices, dismissed warnings over the massive bets being made by his Chief Investment Office as “a complete tempest in a teapot.”

The scale of the loss and the denials that preceded it raise the likelihood that banking rules and laws against investor fraud and deception were breached.

President Obama, however, rushed to the defense of JPMorgan and Dimon, declaring on a daytime television talk show Monday that JPMorgan was “one of the best managed banks there is” and Dimon was “one of the smartest bankers we got.” At the same time he cited the bank’s loss as a vindication of the Dodd-Frank financial regulatory bill that he signed into law in July of 2010. “This is why we passed Wall Street reform,” he said.

In fact, the JPMorgan debacle demonstrates that nearly four years after the Wall Street crash nothing has changed for the financial aristocracy. No measures have been taken to rein in the banks, which received trillions of dollars in government handouts, guarantees and cheap loans. The same forms of speculation and outright swindling that led to the financial meltdown and the worst economic crisis since the Great Depression continue unabated.

The big banks, such as JPMorgan, have increased their stranglehold over the US economy. They have recorded bumper profits by withholding credit from consumers and small businesses, keeping unemployment high, while speculating on credit default swaps and other exotic financial instruments that drain resources from the real economy. On this basis, bank executives and traders, including those at bailed-out institutions, have continued to rake in eight-figure compensation packages. Last year, Ina Drew made $14 million, and Jamie Dimon took in $26 million.

The Dodd-Frank law trumpeted by Obama is a fraud, an attempt to give the appearance of financial reform while enabling the banks to continue their parasitic and criminal activities. A case in point is the so-called Volcker Rule, named after the former chairman of the Federal Reserve and economic adviser to the Obama White House, Paul Volcker.

The rule, incorporated into the Dodd-Frank Act and supposedly one of its most daring provisions, ostensibly bars proprietary trading—speculation by a bank on its own account—by commercial banks whose consumer deposits are guaranteed by the federal government. The idea is to prevent government-insured banks from speculating with depositors’ money.

But the regulation as drafted by federal regulators—under pressure from the Federal Reserve and Obama’s treasury secretary, Timothy Geithner, as well as the banks—would actually allow the type of speculative bet made by JPMorgan in the guise of a “hedge” to offset risk in the bank’s overall investment portfolio.

The Volcker Rule, whose precise form is yet to be announced, will do nothing to halt speculation by government-backed banks using small depositors’ money.

The JPMorgan scandal also throws into relief the government’s failure to prosecute those responsible for the 2008 financial meltdown. Despite overwhelming evidence of wrongdoing and criminality uncovered by two federal investigations last year, those responsible have been shielded from prosecution.

When Iowa Senator Charles Grassley submitted a letter to the Justice Department earlier this year asking how many bank executives had been prosecuted in response to the financial crisis, the Justice Department replied it did not know because it was not keeping a list.

According to a study by Syracuse University, however, federal financial fraud prosecutions have fallen to 20-year lows under the Obama administration, and are down 39 percent since 2003. Under Obama, the number of financial fraud cases has fallen to one-third the level of the Clinton administration.

These facts demonstrate the de facto dictatorship exercised by the financial aristocracy over the entire political system and both major parties. The Obama administration, in particular, is an instrument of the most powerful financial institutions. It has focused its efforts on protecting and increasing the wealth of the privileged elite while utilizing the crisis to permanently slash the wages and living standards of the working class.

For much of Obama’s tenure, Jamie Dimon was known as the White House’s “favorite banker.” According to White House logs, Dimon visited the White House at least 18 times, often to talk to his former subordinate at JPMorgan, William Daley, who had been named White House chief of staff by Obama after the Democratic rout in the 2010 elections.

The incestuous and corrupt relations between Wall Street, the Obama administration and the entire political system underscore the necessity for the working class to build its own mass socialist movement to fight for its interests in opposition to the ruling elite.

The bankers responsible for the financial crisis, including Dimon and his co-conspirators, must be held criminally liable for their lawlessness and held accountable for the social suffering that has resulted from their actions. The ill-gotten trillions accumulated by the banks must be expropriated, with full protection for small depositors and small businesses, and used to provide decent jobs, housing, health care and education for all.

There is no way to rein in the banks and end their socially destructive activities within the framework of the capitalist system. The only way to stop the fraud and parasitism that go on every day on Wall Street is to nationalize the banks and run them as democratically controlled public utilities.

Andre Damon and Barry Grey

FACT: JP MORGAN IS ONE OF BANKSTER-BOUGHT OBAMA’S BIGGEST PAYMASTERS! HE’S PROMISED THEM NO PRISON TIME AND NO REAL REGULATION.

THERE IS A REASON WHY THE BANKSTERS INVESTED HEAVILY IN OBAMA’S CORRUPT ADMINISTRATION!

Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
Obama: JPMorgan Is 'One of the Best-Managed Banks'

By Mary Bruce | ABC OTUS News – 2 hrs 31 mins ago

Obama: JPMorgan Is 'One of the …

Lou Rocco / ABC News

Just hours after a top JPMorgan Chase executive retired in the wake of a stunning $2 billion trading loss, President Obama told the hosts of ABC's "The View" that the bank's risky bets exemplified the need for Wall Street reform.

"JPMorgan is one of the best managed banks there is. Jamie Dimon, the head of it, is one of the smartest bankers we got and they still lost $2 billion and counting," the president said. "We don't know all the details. It's going to be investigated, but this is why we passed Wall Street reform."

The full interview airs on "The View" Tuesday on ABC at 11 a.m. ET

While a powerhouse like JPMorgan might be able to weather an error that the bank's own CEO called "egregious," the president questioned what might happen to smaller institutions in similar situations.

"This is one of the best managed banks. You could have a bank that isn't as strong, isn't as profitable managing those same bets and we might have had to step in," he said. "That's why Wall Street reform is so important."

While touting his efforts to rein in the Wall Street behavior that led to the massive taxpayer bailout of the banks following the financial crisis, he noted his administration is still fighting for tough reform.

Pivoting to November, the president said Wall Street reform is one of the many critical areas where he and his Republican challenger, presumptive GOP nominee Mitt Romney, have a different vision for the future.

The president's full interview airs Tuesday on "The View." Tune into "World News with Diane Sawyer" tonight for more.

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Nicole Gelinas
It’s Not About Jamie Dimon
We should look to markets, not men, to govern the economy.
14 May 2012

On Meet the Press yesterday, JPMorgan Chase chief Jamie Dimon epitomized what’s wrong with America’s approach to the financial crisis. The American media and political elite remain obsessed with personalities, looking for heroes and villains instead of focusing on what we really need: the dispassionate rule of law that would allow free markets to flourish. Meet the Press is for politicians, and Dimon performed like a model one. He spoke in short sentences and apologized directly: “I was dead wrong,” he offered, for having made a “terrible, egregious mistake.” Specifically, last Thursday, JPMorgan announced a $2 billion trading loss on a derivatives bet.

Theoretically, anyway, such a loss should be a matter between the bank and investors, not TV fodder. Yet Dimon’s business—too-big-to-fail banking—is no ordinary business. Washington’s willingness to subsidize failure means that Dimon’s job is as much political risk management as financial risk management. Because JPMorgan depends on Uncle Sam’s backing, one of Dimon’s key constituencies is politicians and government regulators. And one way to charm regulators—and the voters who elect the politicians—is through a killer interview.

In October 2008, the Bush administration, not normally a fan of government expropriation, forced nine big banks, including Dimon’s, to accept $125 billion in TARP money. The banks were deemed so important that they had to take the money to protect them against failure, whether they wanted it or not. Since then, the banks and the government have stayed bound together. President Obama’s Dodd-Frank financial reform law, enacted two summers ago, has tied the two sides closer still. The problems that led to the financial crisis, remember, included investors’ perception—honed over two decades of smaller-scale bailouts—that big banks were too big to fail. Dodd-Frank has given such banks an official title: “systemically important financial institutions.”

Another problem that led to the financial crisis was that, over the years, politicians and regulators determined that banks had become so good at risk management that they no longer needed to abide by consistent rules—fixed limits on borrowing, for example, so that banks could fail without leaving behind so much unpaid debt that they endangered the economy. Instead, banks could largely do what their executives wanted, as long as regulators believed, on a case-by-case basis, that they knew what they were doing.

In the aftermath of the JPMorgan mess, politicians and reporters have been invoking the Dodd-Frank law’s “Volcker Rule.” Named after Paul Volcker, the Federal Reserve chairman from the Carter and Reagan eras, the rule prohibits banks whose customers benefit from taxpayer-backed deposit insurance from engaging in “proprietary trading,” or speculation. But the Volcker Rule isn’t a rule at all: it prohibits behavior that has no set definition. Twenty-two months after Dodd-Frank became law, regulators have delayed enforcing the rule because they still cannot figure out what proprietary trading really is. Consider how JPMorgan lost all that money: creating derivatives that let it sell billions of dollars’ worth of protection against the risk that some corporate securities would default. That sure doesn’t sound like a good idea. Banks, because they’re lenders, are already at risk if people and companies default in droves.

But does selling such synthetic “insurance” constitute proprietary trading? Michigan Senator Carl Levin, who helped draft the Volcker Rule language, says it does. Bank officials have argued that such behavior is hedging, which would be okay under Dodd-Frank.

Real rules could govern Wall Street, but politicians must give regulators the backing to create and enforce them. Rather than worry about the Volcker Rule, politicians and reporters should be focusing on derivatives rules. One reason that Washington had to bail out the financial system four years ago was that financial firms such as AIG had taken on virtually infinite risk through the derivatives markets. Through derivatives, AIG could “sell” protection against other companies’ defaults with almost no cash down. Lo and behold, that’s what JPMorgan Chase was doing, too. Regulators should demand that traders—whether big banks or tiny hedge funds—put a set amount of cash down behind such bets, curtailing the amount of potential unpaid debt in the financial system. Regulators should also require that traders execute such transactions on open clearinghouses and exchanges—so that markets can determine which bets are going well and which aren’t, and clearinghouses can demand more money from traders to cover their losses. Such rules empower market signals, not regulatory micromanagement, to control risk. If such rules were in place, it’s unlikely Dimon would have visited the White House 18 times in three years, as he would have had no way to manipulate a restriction that, after all, applied to everyone.

The best way to stop bailouts is to limit borrowing and demand transparency. When markets know that financial firms have put a cash cushion behind their bets—and where the risk behind such bets lies—they’re unlikely to pull their money out of the financial system en masse, necessitating a government rescue. The Volcker Rule, by contrast, adds no such protection against future taxpayer rescues; all it does is unleash regulators to debate, in private, the definitions of risk.

Dodd-Frank gave regulators the authority to impose real rules on derivatives, and the regulators have done so. But lobbyists demanded and secured exceptions, which could eventually prove the rule. With such loophole-ridden reform, America has hardly set a good example for Europe, which lags even further behind in enacting derivatives rules. In fact, JPMorgan Chase may have executed the derivatives deals from London because the bank perceived London as a looser environment. Moving this activity around the world so that financiers can play inconsistent rules against one another does nothing to help the struggling Western economies.

The media and the politicians, however, would rather discuss people than arcane issues like financial rules. Look at how politely—almost obsequiously—NBC’s David Gregory treated Dimon. Gregory asked Dimon: “Here you are, Jamie Dimon, you’ve got a sterling reputation. . . . How does a guy like you make this mistake? If this happened at JPMorgan Chase . . . what about all the other banks out there? If somebody else made a mistake like this, would we be again talking about too big to fail and taxpayer bailouts?” Then, when asking delicate questions about potential criminal liability, Gregory unconsciously switched from “you” to “the bank.” Lowly regulators will hardly be more willing to take on Dimon and his colleagues.

Focusing on one man represents bailout thinking. Policymakers continue to be distracted from the rules needed to protect the economy from the consequences—including corporate failure—of the bad decisions that individuals can make. Nearly four years after the financial crisis began, Washington seems to have learned almost nothing.


NO PRESIDENT IN HISTORY HAS TAKEN MORE LOOT FROM CRIMINAL BANKSTER DONORS THAN OBAMA. HE PROMISED HIS BANKSTERS NO CRIMINAL PROSECUTION, AND NO REAL REGULATION.

PROFITS FOR BANKSTERS HAVE SOARED UNDER OBAMA, JUST AS FORECLOSURES HAVE. DURING HIS FIRST 2 YEARS THE BANKSTERS MADE MORE LOOT THAN ALL 8 UNDER BUSH!
WHAT DOES THAT TELL YOU?


Shaping up to be the most corrupt
administration in American history:

  • Obama’s team: Not the “best of the Washington insiders,” as the liberal media style them, but rather, a dysfunctional and dangerous conglomerate of business-as-usual cronies and hacks
  • In the first two weeks alone of his infant administration, Obama had made no fewer than 17 exceptions to his “no-lobbyist” rule
  • Why the fact that the massive infusion of union dues into his campaign treasury didn’t trouble him in the least reveals Obama’s credibility as a reformer
  • The lack of unprecedented pace of withdrawals and botched appointments -- and how getting through the confirmation process was no guarantee of ethical cleanliness or competence, even as Obama’s cheerleaders were glorifying the Greatest Transition in World History
  • Inconsistency: How Obama, erstwhile critic of the campaign finance practice known as “bundling,” happily accepted more than $350,000 in bundled contributions from billionaire hedge-fund managers
  • How Obama broke his transparency pledge with the very first bill he signed into law -- helping make hostility to transparency is a running thread through Obama’s cabinet
  • Michelle Obama: Beneath the cultured pearls, sleeveless designer dresses, and eyelashes applied by her full-time makeup artist, is a hardball Chicago politico
  • Joe Biden: It’s not just that he lies, it’s that he lies so well that you think he really believes the stuff he makes up
  • Treasury Secretary Geithner: His ineptness and epic blundering -- including how he nearly caused the collapse of the dollar in international trade with a single remark
  • The appalling story of Technology Czar Vivek Kundra, the convicted shoplifter in charge of the entire federal government’s information security infrastructure
  • Obama’s “Porker of the Month” Transportation Secretary, Roy LaHood: An earmark-addicted influence peddler born and raised on the politics of pay-to-play
  • SEIU: Responsible for installing a cabal of hand-chosen officers who exploited their cash-infused fiefdoms for personal gain and presided over rigged elections -- in the process, becoming all that they had professed to stand against as representatives of the downtrodden worker
  • How Obama lied on his “Fight the Smears” campaign website when he claimed that he “never organized with ACORN”
  • ACORN: How the profound threat the group poses is not merely ideological or economic -- it’s electoral
  • ACORN’s own internal review of shady money transfers among its web of affiliates: How it underscores concerns that conservatives have long raised about the organization
  • Liar, liar, pantsuit on fire: How Hillary Clinton has already trampled upon her promise not to let her husband’s financial dealings sway her decisions as Secretary of State
  • How even a few principled progressives are finally beginning to question the cult of Obama -- even as Obama sycophants in the mainstream media continue to celebrate his “hipness” and “swagga”


GET THIS BOOK!

Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses


BY TIMOTHY P CARNEY

Editorial Reviews

Obama Is Making You Poorer—But Who’s Getting Rich?

Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.

Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”

If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.

*


Obama Is Making You Poorer—But Who’s Getting Rich?

Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.

Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:

* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics

If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.

*
Praise for Obamanomics

“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author

“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama

“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul

“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guideto American History

*

·         Hardcover: 256 pages

·         Publisher: Regnery Press (November 30, 2009)

·         Language: English

·         ISBN-10: 1596986123

·         ISBN-13: 978-1596986121



*





*

ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?

GET THIS BOOK!

Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies

by Michelle Malkin

Editorial Reviews

In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.

From the Inside Flap

The era of hope and change is dead....and it only took six months in office to kill it.

Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:

* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily

* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide

* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration

* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons

* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power

* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.



•           Publisher: Regnery Publishing (July 27, 2009)

•           Language: English

•           ISBN-10: 1596981091

•           ISBN-13: 978-1596981096




The Obama administration has also cut worksite enforcement efforts by 70%, allowing illegal immigrants to continue working in jobs that rightfully belong to citizens and legal workers.

THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!

"We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers," said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. "President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws."

FROM JUDICIAL WATCH
get on their free E-NEWS list! DON'T WAIT FOR OUR GOVERNMENT TO DEFEND OUR BORDERS. OUR GOVERNMENT IS THE ENEMY. THEY WANT OPEN BORDERS BY COMMAND OF WALL ST TO KEEP WAGES DEPRESSED!
MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO THE MEXICAN FASCIST PARTY of LA RAZA.
FRONTING FOR BIG BUSINESS, THE U.S. CHAMBER OF COMMERCE PROMOTES OBAMA'S POLICIES OF OPEN BORDERS, NO E-VERIFY, AND AMNEST or continued NON-ENFORCEMENT!
WIKILEAKS HAS EXPOSED OBAMA'S OPEN BORDERS AGENDA IN A TIME WHEN THE REAL TERRORIST THREATS TO THIS NATION ARE NOT THE SAUIDIS THAT INVADED US 9-11, NEVER WAS THE IRAQI OR AFGHANIS, BUT THE MEXICAN DRUG CARTELS WHICH HAVE LOPPED OFF MORE HEADS THAN ANY MUSLIM TERRORIST.
IN MEX-OCCUPIED CALIFORNIA, WHERE THE LA FAZA FACTION OF THE STATE LEGISLATURE PASSES LAW AFTER LAW BENEFITING ILLEGALS, INCLUDING ONE MAKING IT ILLEGAL FOR EMPLOYERS TO USE E-VERIFY, THE STATE PUTS OUT $20 BILLION PER YEAR IN SOCIAL SERVICES TO ILLEGAL AGAINST DEFICITS OF $28 BILLION.
ON TOP OF STATE FIGURES, COUNTIES ARE FORCED TO PAY OUT MORE. LOS ANGELES COUNTY ALONG PUTS OUT $600 MILLION PER YEAR IN WELFARE TO ILLEGALS, PRIMARILY ANCHOR BABY BIRTHERS.
PRIVATE HOSPITALS IN CA ARE LEGALLY REQUIRED TO HAND ILLEGALS "FREE" EMERGENCY HEALTH CARE THAT COST THEM $1.3 BILLION PER YEAR! YOU WONDERED WHY YOU COULD NOT AFFORD HEALTH INSURANCE? YOU ARE FORCED TO PAY FOR LA RAZA'S HEALTHCARE, AND YES!!! OBAMA AND PELOSI DID LIE THAT OBAMAcare DID NOT INCLUDE ILLEGALS!
CA ATTORNEY GEN KAMALA HARRIS, A LA RAZA DEM FOR NON-ENFORCEMENT, AMNESTY, OPEN BORDERS AND LA RAZA SUPREMACY OVER LEGALS, HAS DECLARED THAT HALF OF ALL MURDERS IN CA ARE BY MEX GANGS!!!!!!!!!!
OF THE TOP 200 MOST WANTED CRIMINALS IN THE CITY OF LOS ANGELES, WHOSE MAYOR IS THE RABIDLY RACIST LA RAZA SUPREMACIST ANTONIO VILLARAIGOSA (M.E.Ch.A. SEPARATIST MOVEMENT), 176 ARE MEXICANS, AND MOST OF THE REST ARE RUSSIANS.
LA RAZA DEMS OF CORRUPTION SEN. DIANNE FEINSTEIN AND BARBARA BOXER HAVE THREE (3) TIMES PUSHED FOR A "SPECIAL AMNESTY " FOR 1.5 MILLION FARM WORKERS FROM MEXICO ON BEHALF OF THEIR BIG AG BIZ DONORS, DESPITE THE FACT THAT ONE-THIRD WOULD END UP ON WELFARE.
SEN. DIANNE FEINSTEIN HAS LONG HIRED ILLEGALS AT HER S.F. HOTEL, ONLY MILES FROM HER $16 MILLION DOLLAR WAR PROFITS MANSION. FEINSTEIN AND HER CORRUPT HUSBAND ARE MAJOR DONORS TO BARACK OBAMA, AND HAVE PAID OUT BRIBES TO MANY DEMS TO MAKE SURE THEY KEEP THEIR MOUTH SHUT ABOUT FEINSTEIN'S STAGGERING CORRUPTION AND WAR PROFITEERING.
NANCY PELOSI HAS LONG HIRED ILLEGALS AT HER ST. HELENA, NAPA WINERY AND HAS VOWED THE WALL WITH NARCOMEX WILL NEVER BE BUILT!

OBAMA'S SEC. of (illegal) LABOR IS LA RAZA SUPREMACIST HILDA SOLIS. HIS DEPT of JUSTICE DOES NOT PROSECUTE OBAMA'S CRIMINAL BANKSTER DONORS, IT IS DEVOTED TO OBAMA'S AGENDA OF SUING AMERICAN STATES THAT ATTEMPT TO PUSH BACK MEXICO'S INVASION AND EVER EXPANDING WELFARE STATE. OBAMA'S DOJ HAS SUED AZ TO STOP E-VERIFY AND HELP PUT EVEN MORE ILLEGALS IN OUR JOBS.
OBAMA'S DEPT of HOMELAND SECURITY UNDER LA RAZA NAPOLITANO IS NOW AN AGENCY FOR OPEN BORDERS, DREAM ACTS, AND QUICK PATHWAY THROUGH OUR LAWS TO OUR JOB, VOTING BOOTHS AND CITIZENSHIP.
NO AMERICAN IN HISTORY HAS BENEFITED AN ENEMY INVADER HAS BARACK OBAMA. HE HAS EVEN USED TAX DOLLARS HANDED OVER TO LA RAZA FOR THEIR GET-OUT-THE LA RAZA VOTE CAMPAIGN. OBAMA'S DOJ HAS SUED STATES TO FIGHT VOTER ID REQUIREMENTS.

Illegal Immigration
Today, between eight and fourteen million illegal aliens reside in the United States, draining our nation’s economy, while presenting a security threat to the people of the United States. Public officials have not only repeatedly failed to protect our borders from this illegal alien invasion, but they have also been complicit in the effort to undermine our nation’s immigration laws.
Judicial Watch has an active investigation into the Obama administration’s policies and actions on immigration. For instance, Judicial Watch had uncovered documents indicating collusion between the Department of Justice and the American Civil Liberties Union with respect to legal challenges of Arizona’s SB 1070. Recently, Judicial Watch obtained documents revealing that administration officials misled Congress regarding the scope of deportation dismissals in Houston, Texas. Additional documents were obtained that detail a behind-the-scenes effort by the administration to suspend deportation proceedings against “DREAM” Act aliens and other illegal immigrants. Judicial Watch also routinely obtains smuggling statistics and has revealed details of a shocking sex slave trafficking operation in Houston, Texas.
From our Newsletter












· U.S. Supreme Court Upholds Arizona Law Punishing Businesses that Hire Illegal Aliens! - July 2011 (OBAMA NOMINATED SONIA SOTOMAYER TO THE HIGH COURT BECAUSE SHE PANDERS TO THE INTERESTS OF BIG BUSINESS, AS DOES OBAMA, AND SHE'S A MEMBER OF THE MEXICAN FASCIST PARTY of LA RAZA. SHE REFERS TO HERSELF AS A "WISE LATINA". HER REPUTAION ON THE LOWER COURT WAS THAT SHE WAS A TOTAL BITCH. SOTOMAYER REFERS TO ILLEALS AT "UNDOCUMENTED ALIANS".
· SOTMAYER VOTED AGAINST E-VERIFY! VIVA LA RAZA?



·
·


















·













Special Reports, Information and Statistics


· “Local Government and Illegal Immigration”: Judicial Watch Educational Panel (February 28, 2007) - Watch(mp4)

· “Directo a Mexico:” U.S. Government Subsidizes Money Transfer Program to Mexico
·
·
· A Line in the Sand:Confronting the Threat at the Southwest Border- Report by the House Committee on Homeland Security about illegal aliens







· Totalization Agreement with Mexico – U.S.-Mexican agreement, signed June 29, 2004, obtained from the Social Security Administration (SSA) under the Freedom of Information Act. The cover letter from the SSA states that the agreement has not been “finalized.”
*
SO, HOW MANY ILLEGALS CLIMBING OUR BORDERS DAILY DO THEY NOT CATCH?
There were 20 to 30 people in the truck when two men dressed in paramilitary clothing opened fire, killing two migrants.

By our correspondents
16 April 2012
Two immigrant workers were killed last Sunday along the Arizona border. A truck was found near Eloy, a town northwest of Tucson known for immigrant smuggling. There were 20 to 30 people in the truck when two men dressed in paramilitary clothing opened fire, killing two migrants. While the motive remains unknown and no arrests have been made, among the suspects are drug smugglers and border vigilantes.
Gerardo Perez-Ruiz, 39, of Toluca, Mexico, was identified as one of the victims; the other victim remains unidentified but is presumed to be from Guatemala. Most of the undocumented immigrants fled into the desert. Five found hiding in bushes near the truck were turned over to the border patrol.
According to Dawn Barkman, Pima County sheriff’s deputy, this atrocity is similar to two attacks in 2007 in which five immigrants were killed. In response to these attacks, Pinal County Sheriff Paul Babeu, known for his anti-immigrant views, has called for the formation of the Border Crimes Unit.
Eloy, a town of 10,375 with about three-quarters of its population Hispanic, has a median household income of $26,518. Nearly a third of its population falls below the poverty level, with youth and the elderly the hardest hit. These statistics reflect the general social crisis that many working-class families confront, and which affects immigrant families all the more severely. The state of Arizona has a 15 percent overall poverty rate, one of the highest in the country. About a quarter of the state’s children are living in poverty, according to official figures.
Arizona is on the verge of passing Senate Bill 1083 (Arizona Special Mission Unit, or ASMU), which would create a government-funded volunteer armed militia. Sponsored by Senator Sylvia Allen, over $1.9 million is to be allocated to the program. According to Col. Luke Taylor, who drafted the bill, this unit is not only to serve along the Mexican border, but would serve as a “statewide agency that can operate anywhere within the state.”
The legislation would allow militia volunteers to arrest and detain individuals, as well as seize property. Although ostensibly obliged to cooperate with local law enforcement, the ASMU, acting alongside the Arizona State Guard, would be accountable to the governor through a commander confirmed by the state Senate. The bill was actually opposed by 14 of 15 Arizona state sheriffs and supported solely by the aforementioned Paul Babeu.
These events do not occur in isolation, but in tandem with the Obama administration’s increasingly draconian shift in rhetoric and policy in relation to immigration. The killings came a week after the six-day Operation Cross Check, in which more than 3,100 immigrants were arrested under the pretext of apprehending and deporting “immigration fugitives” and “criminal aliens.” More than half of those rounded up either committed only minor misdemeanors or had no criminal convictions whatsoever.
The Obama administration has deported nearly 400,000 people in each of the past three years, a record number. There are more patrol troops than ever along the Mexican border, as well as plans for the creation of a three-tiered wall to be built along the border under the pretext of “border safety.”
The Secure Communities (S-Comm) immigration enforcement program, which is managed by the US Immigration and Customs Enforcement agency (ICE) under the Department of Homeland Security, was initiated in 2008 under the Bush administration. The purpose of S-Comm is to build large databases of immigrants using biometric and other technology aimed at increased deportation sweeps. The Obama administration has expanded S-Comm to over 1,210 state and local jurisdictions and is aiming to have all of 3,141 US jurisdictions in compliance with the program by 2013.
Developments such as S-Comm and Operation Cross Check are fully in keeping with the government’s wider anti-immigrant agenda. They play a role in sustaining the social and political climate in which the recent murders of immigrants in Arizona, as well as other attacks on immigrant workers, take place.
*
WhistleBlower

May 2006 – ALIEN NATION: Secrets of the Invasion – Why America's government invites rampant illegal immigration
It's widely regarded as America's biggest problem: Between 12 and 20 million aliens – including large numbers of criminals, gang members and even terrorists – have entered this nation illegally, with countless more streaming across our scandalously unguarded borders daily.
The issue polarizes the nation, robs citizens of jobs, bleeds taxpayers, threatens America's national security and dangerously balkanizes the country into unassimilated ethnic groups with little loyalty or love for America's founding values. Indeed, the de facto invasion is rapidly transforming America into a totally different country than the one past generations have known and loved.

And yet – most Americans have almost no idea what is really going on, or why it is happening.

While news reports depict demonstrations and debates, and while politicians promise "comprehensive border security programs," no real answers ever seem to emerge.
But there are answers. Truthful answers. Shocking answers.
In its groundbreaking May edition, WND's acclaimed monthly Whistleblower magazine reveals the astounding hidden agendas, plans and people behind America's immigration nightmare.
Titled "ALIEN NATION," the issue is subtitled "SECRETS OF THE INVASION: Why government invites rampant illegal immigration." Indeed, it reveals pivotal secrets very few Americans know. For example:
Did you know that the powerfully influential Council on Foreign Relations – often described as a “shadow government" – issued a comprehensive report last year laying out a five-year plan for the "establishment by 2010 of a North American economic and security community" with a common "outer security perimeter"?


Roughly translated: In the next few years, according to the 59-page report titled "Building a North American Community," the U.S. must be integrated with the socialism, corruption, poverty and population of Mexico and Canada. "Common perimeter" means wide-open U.S. borders between the U.S., Mexico and Canada. As Phyllis Schlafly reveals in this issue of Whistleblower: "This CFR document asserts that President Bush, Mexican President Vicente Fox and Canadian Prime Minister Paul Martin 'committed their governments' to this goal when they met at Bush's ranch and at Waco, Texas, on March 23, 2005. The three adopted the 'Security and Prosperity Partnership of North America' and assigned 'working groups' to fill in the details. It was at this same meeting, grandly called the North American Summit, that President Bush pinned the epithet 'vigilantes' on the volunteers guarding our border in Arizona."
The CFR report – important excerpts of which are published in Whistleblower – also suggests North American elitists begin getting together regularly, and presumably secretly, "to buttress North American relationships, along the lines of the Bilderberg or Wehrkunde conferences, organized to support transatlantic relations." The Bilderberg and Wehrkunde conferences are highly secret conclaves of the powerful. For decades, there have been suspicions that such meetings were used for plotting the course of world events and especially the centralization of global decision-making.
Did you know that radical immigrant groups – including the League of United Latin American Citizens (LULAC), the Mexican American Legal Defense and Educational Fund (MALDEF), the Movimiento Estudiantil Chicano de Aztlan (MEChA) and the National Council of La Raza (La Raza) – not only share a revolutionary agenda of conquering America's southwest, but they also share common funding sources, notably the Ford and Rockefeller foundations?
''California is going to be a Hispanic state," said Mario Obeldo, former head of MALDEF. "Anyone who does not like it should leave." And MEChA's goal is even more radical: an independent ''Aztlan,'' the collective name this organization gives to the seven states of the U.S. Southwest – Arizona, California, Colorado, Nevada, New Mexico, Texas and Utah. So why would the Rockefeller and Ford foundations support such groups? Joseph Farah tells the story in this issue of Whistleblower.
Why have America's politicians – of both major parties –allowed the illegal alien invasion of this nation to continue for the last 30 years unabated? With al-Qaida and allied terrorists promising to annihilate major U.S. cities with nuclear weapons, with some big-city hospital emergency rooms near closure due to the crush of so many illegals, with the rapid spread throughout the U.S. of MS-13, the super-violent illegal alien gang – with all this and more, why do U.S. officials choose to ignore the laws of the land and the will of the people to pursue, instead, policies of open borders and lax immigration enforcement?
The answers to all this and much more are in Whistleblower's "ALIEN NATION" issue.
Is there hope? Or is America lost to a demographic invasion destined to annihilate its traditional Judeo-Christian culture, and to the ever-growing likelihood that nuclear-armed jihadists will cross our porous borders and wreak unthinkable destruction here?
There most definitely is hope, according to this issue of Whistleblower. Although most politicians of both major political parties have long since abdicated their responsibility for securing America's borders and dealing effectively with the millions already here illegally, there are a few exceptions – most notably Colorado Rep. Tom Tancredo.
May's Whistleblower includes an exclusive sneak preview of Tancredo's forthcoming blockbuster book, "In Mortal Danger: The Battle for America’s Border and Security." In an extended excerpt, Whistleblower presents Tencredo's expert and inspired analysis of exactly how to solve the nation's most vexing problem.

A TEACHER’S POSTING ON CRAIGSLIST:
Subject: Cheap Labor? THE STAGGERING COST OF BEING MEXICO'S WELFARE COLONY
This should make everyone think, be you Democrat, Republican or Independent From a California school teacher - - -"As you listen to the news about the student protests over illegal immigration, there are some things that you should be aware of: I am in charge of the English-as-a-second-language department at a large southern California high school which is designated a Title 1 school, meaning that its students average lower socioeconomic and income levels. Most of the schools you are hearing about, South Gate High, Bell Gardens, Huntington Park, etc., where these students are protesting, are also Title 1 schools. Title 1 schools are on the free breakfast and free lunch program. When I say free breakfast, I'm not talking a glass of milk and roll -- but a full breakfast and cereal bar with fruits and juices that would make a Marriott proud. The waste of this food is monumental, with trays and trays of it being dumped in the trash uneaten. (OUR TAX DOLLARS AT WORK) I estimate that well over 50% of these students are obese or at least moderately overweight. About 75% or more DO have cell phones. The school also provides day care centers for the unwed teenage pregnant girls (some as young as 13) so they can attend class without the inconvenience of having to arrange for babysitters or having family watch their kids.
I was ordered to spend $700,000 on my department or risk losing funding for the upcoming year even though there was little need for anything; my budget was already substantial. I ended up buying new computers for the computer learning center, half of which, one month later, have been carved with graffiti by the appreciative students who obviously feel humbled and grateful to have a free education in America. (OUR TAX DOLLARS A T WORK) I have had to intervene several times for young and substitute teachers whose classes consist of many illegal immigrant students here in the country less then 3 months who raised so much hell with the female teachers, calling them "Putas" whores and throwing things that the teachers were in tears. Free medical, free education, free food, day care etc., etc., etc. Is it any wonder they feel entitled to not only be in this country but to demand rights, privileges and entitlements? To those who want to point out how much these illegal immigrants contribute to our society because they LIKE their gardener and housekeeper and they like to pay less for tomatoes: spend some time in the real world of illegal immigration and see the TRUE costs.
Higher insurance, medical facilities closing, higher medical costs, more crime, lower standards of education in our schools, overcrowding, new diseases etc., etc, etc. For me, I'll pay more for tomatoes. We need to wake up. The guest worker program will be a disaster because we won't have the guts to enforce it. Does anyone in their right mind really think they will voluntarily leave and return? There are many hardworking Hispanic/American citizens that contribute to our country and many that I consider my true friends. We should encourage and accept those Hispanics who have done it the right and legal way. It does, however, have everything to do with culture: A third-world culture that does not value education, that accepts children getting pregnant and dropping out of school by 15 and that refuses to assimilate, and an American culture that has become so weak and worried about "politically correct" that we don't have the will to do anything about it. If this makes your blood boil, as it did mine, forward this to everyone you know. CHEAP LABOR? But the bottom line is cheap labor. The phrase "cheap labor" is a myth, a farce, and a lie. there is no such thing as "cheap labor." Take, for example, an illegal alien with a wife and five children. He takes a job for $5.00 or $6.00/hour. At that wage, with six dependents, he pays no income tax, yet at the end of the year, if he files an Income Tax Return, he gets an "earned income credit" of up to $3,200 free. He qualifies for Section 8 housing and subsidized rent He qualifies for food stamps He qualifies for free (no deductible, no co-pay) health care His children get free breakfasts and lunches at school He requires bilingual teachers and books He qualifies for relief from high energy bills If they are or become, aged, blind or disabled, they qualify for SSI. Once qualified for SSI they can qualify for Medicare. All of this is at taxpayer's expense He doesn't worry about car insurance, life insurance, or homeowners insurance. Taxpayers provide Spanish language signs, bulletins and printed material. He and his family receive the equivalent of $20.00 to $30.00/hour in benefits. Working Americans are lucky to have $5.00 or $6.00/hour left after paying their bills and his. The American taxpayer's also pay for increased crime, graffiti and trash clean-up. Cheap labor? YEAH RIGHT! Wake up people!

1) http://immigrationcounters.com/


WILL OBAMA TURN THIS NATION INTO THIRD WORLD DUMPSTER WHILE HE HISPANDERS FOR ILLEGALS’ VOTES?

WE ARE ALREADY HEADED THERE. COME TO MEX INFESTED GANGLAND OF LOS ANGELES. ENJOY THE VIEWS OF A MEX OCCUPIED DRENCHED IN MEX GRAFFITI AND HUNT FOR SOMEONE THAT SPEAKS ENGLISH…. VIVA LA RAZA! VIVA LA RECONQUISTA!

Lou Dobbs Tonight

Monday, February 11, 2008

In California, League of United Latin American Citizens has adopted a resolution to declare "California Del Norte" a sanctuary zone for immigrants. The declaration urges the Mexican government to invoke its rights under the Treaty of Guadalupe Hidalgo "to seek third‑nation neutral arbitration of ....disputes concerning immigration laws and their enforcement." We’ll have the story.

Mexican President Felipe Calderon is in New York today on the first leg his five‑day tour across America to meddle in immigration issues in the United States. This is his first visit to the U.S. since he became President in 2006, but he will not meet with President Bush or any of the presidential candidates, who he has accused of spewing anti‑immigrant rhetoric. Join us for that report.

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PUBLISHED IN 2004. DO YOU THINK IT’S BETTER NOW? OR IN A STATE OF CRISIS?

These examples of illegal immigrant crime depict a growing menace to our functioning society. While a sleepy American public watches idly and a Congress refuses to enforce our borders while mayors adopt the ‘sanctuary policy’, we citizens receive an average of 2,200 illegals every 24 hours, seven days a week, 365 days per year. Since the Amnesty policy was announced, the invasion intensifies with greater numbers.

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TEN MOST WANTED CRIMINALS IN CALIFORNIA ARE MEXICANS!


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206 Most wanted criminals in Los Angeles. Out of 206 criminals--183 are hispanic---171 of those are wanted for Murder.

Why do Americans still protect the illegals??

http://www.dailybreeze.com/ci_11255121?appSession=934140935651450&RecordID=&PageID=2&PrevPageID=&cpipage=1&CPISortType=&CPIorderBy=

Immigration's Third World Momentum Crime Wave

Article by Frosty Wooldridge

January 29, 2004

Published in MichNews.com.

Last summer, in Boulder, Colorado, eight illegal aliens raped eight American woman. The aliens fled back to Mexico. One was caught. In a nearby city of Longmont, a used car dealer was driven out of business because he suffered so much theft from his lot that he bankrupted. An illegal alien killed a California cop, John Marsh, last year. Robberies and break-ins have become the norm in California. They’ve become the pattern in Florida, Georgia, North Carolina and dozens of other states. But the sobering realities concerning these crimes point to one fact--they are illegal aliens. They are importing themselves into this country with a vengeance. They are deadly, pernicious and organized. They represent the worst of what is common in the Third World.

In her recent scathing report, ‘THE ILLEGAL ALIEN CRIME WAVE’ by brilliant investigative reporter, Heather MacDonald, our country is being assaulted by a crime wave that grows steadily and viciously. A full 95% of all outstanding warrants for homicide, which totaled 1,500 last year in Los Angeles, pointed to illegal aliens. Soberingly, two thirds of all fugitive felony warrants, totaling a horrifying 17,000, were for illegal aliens. To make matters worse, in 1995 a report showed that 60% of the 20,000-strong 18th Street gang in southern California was composed of illegal aliens. That gang collaborates with the Mexican Mafia on drug distribution schemes, extortion and drive-by assassinations. They commit assault and robberies every day of the week. A night of crime to them is like a day of work for American citizens.

How did it come about and why is it spreading? In 1979, Los Angeles Police Department Chief Daryl Gates enacted Special Order 40. Astoundingly, as if insanity took the front row seat in their minds, leaders of dozens of cities from San Francisco to Miami and New York City—adopted this special order. This law prohibits police officers from arresting illegal aliens. In reality, it’s a carte blanche invitation for crime to grow in our country, putting citizens at risk for their lives.

"If I see a deportee from the Mara Salvatrucha prison in El Salvador crossing the street in LA, I can’t touch him," said a Los Angeles police officer. "I can’t arrest him for an immigration felony."

Boulder, Colorado practices the same ‘sanctuary’ policy for illegal aliens. The mayor of the city openly encourages illegal aliens by making sure the police chief does not arrest illegals. Some of Boulder’s immigration lawyers were so bold as to offer publicly announced classes for illegal aliens on how to avoid arrest, detention and deportation by immigration agents. The result in that town shows a tripling of the illegal alien population as well as jobs taken away from citizens and the eight violent rapes.

Not far away in Denver last week, an illegal alien, Javier Cruz-Caballero, purposely ran down police officer, Robert Bryant, while the officer operated a radar gun in a school walk zone. Witnesses saw the Mexican national rev up his engine while taking dead-aim at the officer. Bryant flew 30 feet through the air while suffering a broken leg and head lacerations. He could have easily been killed.

At a greater level, New York’s Mayor Bloomberg supports illegal alien crime by maintaining a ‘sanctuary policy’ in that city. Last year, four illegals raped and killed a New York jogger. That crime was one of thousands of crimes committed by illegal aliens who are protected from the law. But more horrific in impact of this loss of the rule-of-law, former Mayor Guiliana practiced Special Order 40. Several illegal aliens protected by the Order participated in 9/11. The death toll reached 2,800, but the impact on our nation reverberates today. Yet, Special Order 40 continues full force in protecting the estimated 10 million illegal aliens in our country.

However, thousands of them are killing, raping, robbing and driving illegally in our country. Over 400,000 deportees continue walking around free in our country. The ones that commit crimes and are caught make up a full 29% of our prison populations. They cost American taxpayers nearly $1 billion annually to feed, house and care for them in our prisons. And, yet, Special Order 40, continues as if it was a fig leaf for welcoming hardened alien criminals.

These examples of illegal immigrant crime depict a growing menace to our functioning society. While a sleepy American public watches idly and a Congress refuses to enforce our borders while mayors adopt the ‘sanctuary policy’, we citizens receive an average of 2,200 illegals every 24 hours, seven days a week, 365 days per year. Since the Amnesty policy was announced, the invasion intensifies with greater numbers.

Where does that leave you? If you’re in California, you’re planning on moving to Idaho or Montana because it’s already too late. With over 3.5 million illegals, the crime wave is beyond stopping. If you’re in Georgia, you’re probably stewing under your breath, but you don’t have a clue that it’s going to get worse. In Chicago, they either take jobs or rob banks or set up drug, prostitution and theft rings. If you’re in Florida, it is no longer an American city. Houston is just as bad. It grows worse in every city in America.

It’s called ‘THIRD WORLD MOMENTUM’. The key is to understand that in the Third World--corruption, crime, child prostitution, bashing in peoples’ heads, torture and worse is the norm. Why? Because the rule-of-law no longer applies. Today, in America, concerning illegal immigration, our public officials who were sworn to uphold the Constitution have abstained from their oaths of office. We’re forced NOT to talk about it via being politically correct, yet we are the victims of our own silence.

Because the American public still hasn’t figured this crisis out or keeps thinking it will go away on its own—IT IS GOING TO GET WORSE—and you or your loved ones will become victims given enough time. With Special Order 40 in your city, another 9/11 can’t be far off!

Source: Heather MacDonald

REMEMBER THIS WHEN THINKING OF OBAMA’S ASSAULT ON LEGALS IN ARIZONA!

Obama Administration Refuses to Sue Sanctuary Cities

Less than a week after suing Arizona to block its immigration law, SB 1070, critics are pressing the Obama administration to go after “sanctuary cities”that deliberately look the other way when it comes to illegal immigration. The Department of Justice last week responded that it will not sue these cities, which prohibit local law enforcement from inquiring about an individual’s legal status or alerting immigration authorities when they encounter illegal immigrants, because it believes passive refusal to follow the law is not as egregious as Arizona’s passage of a law that “actively interferes” with federal law. Justice Department spokeswoman for Attorney General Eric Holder inexplicably argued, “There is a big difference between a state or locality saying they are not going to use their resources to enforce a federal law, as so-called sanctuary cities have done, and a state passing its own immigration policy that actively interferes with federal law.” (The Washington Times, July 14, 2010).

Representative Lamar Smith (R-TX), who authored the 1996 federal law which requires states and localities to cooperate with federal authorities on immigration enforcement, criticized the Justice Department’s politically convenient stance on sanctuary cities. "For the Justice Department to suggest that they won't take action against those who passively violate the law…. is absurd," said Rep. Smith. "Will they ignore individuals who fail to pay taxes? Will they ignore banking laws that require disclosure of transactions over $10,000? Of course not." (The Washington Times, July 14, 2010).

Arizona Governor Jan Brewer has also noted the irony of the Obama administration’s refusal to sue localities to strike down their sanctuary policies, which she said could also be considered a “patchwork” of immigration laws across the country. (Brewer Statement, July 6, 2010). Senator David Vitter (R-LA) similarly noted, “This administration’s idea of immigration enforcement is to go after the states and local officials actually trying to enforce the laws on the books. They are demonizing those that look to protect our border and end illegal immigration while giving a wink and nod of approval to sanctuary cities that don't enforce our laws.” (Vitter Press Release, July 15, 2010).

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THE MEXICAN INVASION AND OCCUPATION SPREADS!


8 New American Gateways For Immigrants

By Neema P. Roshania, Kiplinger.com

Jun 29th, 2010

The economic recovery may be slow and uncertain. Immigration remains a hot button political issue. But there's one positive trend that will keep benefiting smaller cities in the years ahead: Their growing appeal to immigrant poppulations.


Though New York, Los Angeles, Miami, Chicago and other large U.S. cities remain hubs for immigrants, newcomers from abroad are increasingly settling in smaller communities across the U.S., lured by a lower cost of living, more job opportunities, and a support structure of fellow immigrants. In return, these communities get a rejuvenated work force and a consumer base.

Here are eight rapidly emerging gateway communities for immigrants. All are likely to remain popular with foreign newcomers, despite stepped-up enforcement of federal immigration laws. Some may surprise you.

Benton/Washington Counties, Ark.

Home to large employers such as Wal-Mart in Bentonville and Tyson Foods in nearby Springdale, these northwest Arkansas counties have seen enormous growth in their immigrant populations over the past decade.

Foreign born residents now make up more than 20% of Springdale's population. The area's chicken farms, construction industry, corporate headquarters, and low cost of housing remain a strong magnet.

With Hispanics accounting for most of the increase, the region is seeing more ethnic bakeries, restaurants, media outlets, and other businesses. The once nearly homogeneous local school districts have added English as a second language to their curricula in addition to special programs to help involve parents in their children's education.

Portland and Salem, Ore. (Marion/Multnomah counties)

The growth of the area's technology industry draws highly skilled immigrant workers to northwest Oregon, where they're joining earlier arrivals -- refugees from Southeast Asia, Africa, eastern Europe and Russia.

Fairfax County, Va.

In this large suburban county bordering Washington, D.C., immigrants make up almost 30% of the population. The recession hasn't been felt here as much as it has in other parts of the country and construction, and service jobs are still plentiful. Fairfax County is across the Potomac River from the nation's capital, which, along with other large cities, has long been a draw for immigrants.

There's also a strong immigrant presence among service workers, especially in health care, restaurants, and cleaning services. Nearly 40% of the region's immigrant population arrived within the past decade. Many own their own businesses. And they are encouraging more family members and friends from the old country to join them.

Shelbyville, Tenn. (Bedford County)

Though the foreign born population in Shelbyville hovers around the national average, the small city and its environs have become a mecca for refugees from Egypt, Myanmar (formerly known as Burma), and Somalia. There are jobs in Shelbyville's food processing plants and other factories.

Cape Coral, Fla. (Lee County)

Southwest Florida's Gulf Coast has strong agriculture and service sectors. In 2000, Cape Coral's foreign born population was 8.7%, relatively low compared with national average of 11.1%. In the past decade it has increased by about 250% -- putting it above the national average.

Boise, Id. (Ada County)

Attracted to the area by job opportunities in agriculture and an affordable cost of living, Boise's immigrant population has climbed by more than 50% over the past decade.

Gwinnett County, Ga.

The foreign born population in Gwinnett County has more than doubled since 2000, and now represents about 25% of the county's total population. Drawn to the area by an abundance of jobs in the service sector and the low cost of housing, the immigrants are mostly Hispanic. They are carving out a livelihood in a region where blacks have traditionally been the most visible minority. Gwinnett also has one of the highest rates of illegal immigration in the U.S. -- authorities estimate that half of all foreign born residents of the county are unauthorized.

Raleigh-Durham-Cary, N.C. (Wake/Durham/Chatham Cos.)
North Carolina's 394% immigrant growth rate in the 1990s was the fastest among Southern states, and the trend has continued in the 21st century. The Raleigh-Durham area has been hub to much of this growth.

The draw? Affordable housing and jobs at Research Triangle Park -- one of the country's largest technology development centers -- as well as in the construction and service sectors. The recession and stricter enforcement of immigration laws in the Tar Heel State are slowing immigration growth -- at least for now. But many experts think migration could pick up again as the economy recovers.


Sources: Census Bureau, University of Southern California, Moody's Economy.com
Obama Quietly Erasing Borders (Article)
Monday, September 28, 2009


And T.J. BONNER, president of the National Border Patrol Council, will weigh in on the federal government’s decision to pull nearly 400 agents from the U.S.-Mexican border. As always, Lou will take your calls to discuss the issues that matter most-and to get your thoughts on where America is headed.

Obama Administration Caught Arming Mexican Illegal Alien Rebels

DISCUSS THIS NATIONAL PRESS RELEASE WITH OUR ONLINE ACTIVISTS AT...
http://www.alipac.us/ftopicp-1205835.html#1205835

BACKGROUND ARTICLES ON OPERATION GUN RUNNER AND FAST AND FURIOUS...
http://www.alipac.us/ftopict-230424.html

Update and Release on NC Victory against bogus Mexican ID for illegals
ALIPAC Responds to NC Legislator's Personal Attacks
http://www.alipac.us/article6196.html

“PUNISH OUR ENEMIES”… does that mean assault the legals of Arizona that must fend off the Mexican invasion, occupation, growing criminal and welfare state, as well as Mex Drug cartels???

OBAMA TELLS ILLEGALS “PUNISH OUR ENEMIES”

Friends of ALIPAC,

Each day new reports come in from across the nation that our movement is surging and more incumbents, mostly Democrats, are about to fall on Election Day. Obama's approval ratings are falling to new lows as he makes highly inappropriate statements to Spanish language audiences asking illegal alien supporters to help him "punish our enemies."

Wake up America!!! Illegal Immigration has to be stopped. Take a look at this website and see where all your tax dollars are going: http://immigrationcounters.com/

See: CFR’s Plan to Integrate the U.S., Mexico and Canada


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“PUNISH OUR ENEMIES”… does that mean assault the legals of Arizona that must fend off the Mexican invasion, occupation, growing criminal and welfare state, as well as Mex Drug cartels???


OBAMA TELLS ILLEGALS “PUNISH OUR ENEMIES”

Friends of ALIPAC,

Each day new reports come in from across the nation that our movement is surging and more incumbents, mostly Democrats, are about to fall on Election Day. Obama's approval ratings are falling to new lows as he makes highly inappropriate statements to Spanish language audiences asking illegal alien supporters to help him "punish our enemies."


Heather Mac Donald: White House doesn't want to enforce immigration

By: Heather Mac Donald
OpEd Contributor
August 4, 2010

The real motivation for the Justice Department's lawsuit against Arizona's new immigration statute was the only one not mentioned in the department's brief: The Obama administration has no intention of enforcing the immigration laws against the majority of illegal aliens already in the country.


“What we're seeing is our Congress and national leadership dismantling our laws by not enforcing them. Lawlessness becomes the norm, just like Third World corruption. Illegal aliens now have more rights and privileges than Americans. If you are an illegal alien, you can drive a car without a driver's license or insurance. You may obtain medical care without paying. You may work without paying taxes. Your children enjoy free education at the expense of taxpaying Americans.”

THE LA RAZA PRESIDENT’S SABOTAGE OF OUR COUNTRY’S BORDERS FOR ILLEGALS’ VOTES AS HE SQUANDERS BILLIONS PROTECTING THE BORDERS OF MUSLIM DICTATORS!
“While the declining job market in the United States may be discouraging some would-be border crossers, a flow of illegal aliens continues unabated, with many entering the United States as drug-smuggling “mules.”

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As the liberal news media, far-left Democrats, and labor unions push for the“Hispanicazation” of U.S. culture, U.S. Department of Homeland Security Secretary Janet Napolitano says the U.S. border has never been more secure.

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HISPANDERING LA RAZA ENDORSED HILLARY BLAMES AMERICAN AGAIN FOR MEX INVASION SHE AND BILLARY HELPED CREATE!

In Mexico City, she announced that the U.S. appetite for illegal drugs and the easy acquisition of guns from the United States by Mexicans are the root causes of the Mexican crime wave. “Blame America” has become the global agenda of the Democratic Party. Newsmax

Obama's 'Hispanicazation' of America

Monday, January 10, 2011 08:28 AM

By: James Walsh

Casting a shadow on economic recovery efforts in the United States is the cost of illegal immigration that consumes U.S. taxpayer dollars for education, healthcare, social welfare benefits, and criminal justice. Illegal aliens (or more politically correct, “undocumented immigrants”) with ties to Mexican drug cartels are contributing to death and destruction on U.S. lands along the southern border.

While the declining job market in the United States may be discouraging some would-be border crossers, a flow of illegal aliens continues unabated, with many entering the United States as drug-smuggling “mules.”Increasingly vicious foot soldiers of the Mexican drug cartels are taking control of U.S. lands along the border, especially since U.S. Border Patrol units have been reassigned, some to offices 60 to 80 miles inland.

The U.S. Department of the Interior, Bureau of Land Management (BLM) early last year posted signs warning citizens to avoid Interstate 8 between Casa Grande and Gila Bend, Ariz., because of criminal activity in the area, an area that includes protected natural areas precious to the nation.

In reaction to public outrage over the signs, the BLM removed the offensive wording in October 2010, replacing it with the following: Visitor Information Update—Active Federal Law Enforcement Patrol Area.

As the liberal news media, far-left Democrats, and labor unions push for the “Hispanicazation” of U.S. culture, U.S. Department of Homeland Security Secretary Janet Napolitano says the U.S. border has never been more secure. Perhaps she is basing this on the reduced number of apprehensions, which result, of course, from reassigning Border Patrol agents inland.

In a recent New York Times article, Nicholas Kristof criticized U.S. citizens for not speaking a foreign language and suggested that “Every child in the United States should learn Spanish.” He concluded that as the United States increasingly integrates economically with Latin America, Spanish will be crucial for the United States.

For decades, the liberal left has argued that Latin America is essential for U.S. business and trade. Kristof states that Latin America “is finally getting its act together” but fails to mention the Obama administration’s $2 billion loan of U.S. taxpayer money in 2009 to Brazil’s Petrobras oil company for deep off-shore oil drilling. Obama confidant George Soros, through the Soros Fund Management LLC, until recently owned millions of dollars of Petrobras stock.

Kristof suggests that one day Spanish-speaking Americans will be part of daily life in the United States and that workmen such as mechanics will be able to communicate easily with Spanish-speaking customers.

He fails to explain why these customers will not be speaking English. After all, the ability to speak, read, and write English remains a requirement for U.S. citizenship.

President Barack Obama gives lip service to increasing border control resources with limited funding and personnel. Many officials, including the governors of Texas and Arizona, are skeptical regarding the Obama administration’s resolve. They resent that the United States is being blamed for the killing fields on both sides of the Mexico-U.S. Border.

For instance, U.S. Secretary of State Hillary Clinton in March 2009, during her first official visit to Mexico, placed the blame for the Mexican drug cartels’vicious murders on the United States.

In Mexico City, she announced that the U.S. appetite for illegal drugs and the easy acquisition of guns from the United States by Mexicans are the root causes of the Mexican crime wave. “Blame America” has become the global agenda of the Democratic Party. The Obama administration’s plan to resolve the immigration chaos is to offer amnesty to all comers. President Obama re-affirms his support of a“pathway to citizenship” (amnesty) for illegal aliens in 2011.

The administration, however, has announced no plans to control the influx of future waves of illegal aliens or their skyrocketing costs to the nation. The administration, which condones U.S. sanctuary cities and states, has no plans to file charges against them for violations of federal immigration law. Nor does the administration seem concerned about the environmental impact that illegal aliens have on the ecology of the United States.

Many national forests, parks, monuments, wilderness areas, and wildlife refuges— once the pride of the nation — are serving today as marijuana fields for illegal alien gangs.

Former Democratic Speaker of the House Nancy Pelosi reportedly said to a gathering of illegal aliens in California in 2009 that U.S. immigration laws were “un-American,” suggesting that they need not be obeyed. Concerned citizens can only trust that the new speaker of the House, John Boehner, as part of congressional oversight of federal agencies, will demand enforcement of existing immigration laws.

When will President Obama recognize that illegal immigration is slowing economic recovery? Can he resolve the chaos while still appeasing his Hispanic base?

To maintain his populist aura, the president is in the habit of saying one thing to one audience and the opposite to another.

One Obama apologist explained, “Campaign rhetoric is one thing,” suggesting that governing is another. The deliberate Hispanicazation of the United States to secure a block of votes is quite another.
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Immigration Invasion - View From A Border Patrol Officer

What we're seeing is our Congress and national leadership dismantling our laws by not enforcing them. Lawlessness becomes the norm, just like Third World corruption. Illegal aliens now have more rights and privileges than Americans. If you are an illegal alien, you can drive a car without a driver's license or insurance. You may obtain medical care without paying. You may work without paying taxes. Your children enjoy free education at the expense of taxpaying Americans.

IT HAS WORKED OUT QUITE NICELY FOR MEXICO! NEXT TO DRUGS, MEXICO’S BIGGEST EXPORT IS POVERTY, ILLITERACY, CRIMINALS AND PREGNANT WOMEN WHO GIVE “ANCHOR BABY” BIRTH, AND THEN COLLECT 18 YEARS OF WELFARE!

THERE ARE ONLY EIGHT STATES THAT HAVE A POPULATION GREATER THAN LOS ANGELES COUNTY, WHERE HALF THOSE WITH A JOB ARE ILLEGALS USING STOLEN SOCIAL SECURITY NUMBERS! THE SAME COUNTY PAYS OUT $600 MILLION IN WELFARE TO ILLEGALS, AND HAS THE LARGEST CONCENTRATION OF HIGHLY VIOLENT MEXICAN GANGS IN THE NATION. THE MEXICAN TAX-FREE UNDERGROUND ECONOMY IS CALCULATED TO BE OVER $2 BILLION PER YEAR. Really want Obama’s amnesty?

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CLIMBING OUR BORDERS, JOBS, WELFARE LINES, AND JAILS EVERY DAY! WHO PAYS?

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POSTED! NO LEGAL NEED APPLY!
WE HIRE ILLEGALS!

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“At the hearing, Dr. Rakesh Kochar, Associate Director for Research at the Pew Hispanic Center, testified that in the year following the official end of the recession (June 2009), foreign-born workers gained 656,000 jobs while native-born workers lost an additional 1.2 million jobs.”

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IF YOU’VE BEEN IN A FAST FOOD EATERY IN LOS ANGELES, YOU WILL NOT FIND EVEN ONE NON-HISPANIC, ENGLISH SPEAKING EMPLOYEE. YOU WILL HEAR THEM JABBERING AWAY IN SPANISH, AND THEN WATCH THEM BARELY GRUNT AT THE GRINGOS THAT STEP UP TO ORDER. LA RAZA SUPREMACY DEMANDS THAT MEXICANS LOATHE THE OCCUPIEDS’ LANGUAGE!

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POSTED! NO LEGAL NEED APPLY!!!

JOE LEGAL AMERICAN vs LA RAZA JOSE ILLEGAL: Joe Legal Still Gets the Tax Bills To Pay For the LA RAZA Welfare State!
http://mexicanoccupation.blogspot.com/2011/05/joe-american-legal-vs-la-raza-jose.htm

Dependence on illegal labor is the elephant in the room for the U.S. restaurant business. And experts say the Chipotle ICE investigations are a wake-up call for an industry that is one of America's biggest employers and generates over $300 billion in annual sales, according to research firm IBISWorld Inc.

(LA RAZA GOV OF MEXIFORNIA, JERRY BROWN HAS FIXED CHIPOTLE’S PROBLEM OF HIRING ILLEGALS WITH STOLEN SOCIAL SECURITY NUMBERS. BROWN SIGNED A LAW MAKING IT ILLEGAL FOR EMPLOYERS TO USE E-VERIFY. THIS CONFORMS TO OBAMA’S SABOTAGE OF E-VERIFY BY THE DEPT OF LA RAZA JUSTICE UNDER HOLDER!)

In its annual report to the Securities and Exchange Commission dated February 17, 2011, Chipotle Mexican Grill revealed that it fired approximately 450 workers at 50 of its restaurants in Minnesota last year as the result of an audit by Immigration and Customs Enforcement (ICE).

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THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!


“We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws.”
EXPORTING POVERTY... we take MEXICO'S 38 million poor, illiterate, criminal and frequently pregnant

The Mexican Invasion................................................

Mexico prefers to export its poor, not uplift them

http://www.csmonitor.com/2006/0330/p09s02-coop.html

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ONE OF MEXICO’S BIGGEST EXPORTS ARE PREGNANT WOMEN. THESE WOMEN COME OVER OUR BORDERS FOR “FREE” BIRTHING, AND THEN 18 YEARS OF WELFARE FOR EACH CHILD. THAT CHILD WILL ALSO BE A MEXICAN CITIZEN.

“Through love of having children, we are going to take over.” AUGUSTIN CEBADA, BROWN BERETS, THE LA RAZA FASCIST PARTY




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LA RAZA WELFARE IN LOS ANGELES COUNTY ALONE:

THESE FIGURES ON WELFARE FOR ILLEGALS IN LOS ANGELES COUNTY ARE DATED. IT NOT EXCEEDS $600 MILLION PER YEAR!!! (source: Los Angeles County& JUDICIAL WATCH)

http://www.freerepublic.com/focus/f-news/1949085/posts

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A GLIMPSE OF YOUR HEALTHCARE DOLLAR AT WORK EXPANDING THE MEXICAN WELFARE STATE:

CA HOSPITALS ARE LEGALLY REQUIRED TO HAND MEXICANS "FREE" MEDICAL. THE COSTS ARE PASSED DOWN TO AMERICANS. THAT COST EXCEEDS $1.3 BILLION PER YEAR FOR MEXIFORNIA ALONE!

http://mexicanoccupation.blogspot.com/2011/06/we-are-la-raza-free-healthcare-system.html

Where To Go When Your Local Emergency Room Goes Bankrupt?"


During the past ten years 84 California hospitals have declared bankruptcy and closed their Emergency Rooms forever. Financially crippled by legislative and judicial mandates to treat illegal aliens have bankrupted hospitals! In 2010, in Los Angeles County alone, over 2 million illegal aliens recorded visits to county emergency rooms for both routine and emergency care. Per official figures, the cost is $1,000 dollars for every taxpayer in Los Angeles County. 

  
http://justcommonsense-lostinamerica.blogspot.com/2011/03/where-to-go-when-your-local-emergency.html

AN AMERICAN SEES & SPEAKS -- Illegals and the MELTDOWN OF OUR HEALTHCARE SYSTEMS ACROSS THE COUNTRY -- The Ever Expanding Mexican Welfare System
WHY WE ARE IN SUCH A MONEY SQUEEZE

Florida ER doctor's notes
Having spent three weeks in a hospital in Naples, Florida with my wife I couldnt help noticing what was going on in the hospital and I had a lot of time to talk to the doctors and nurses about what I had observed. Below is a commentary from an ER Doctor. Do you think this might be a big reason our health care system and our social security system are so screwed up? Do you think this might be a big reason our taxes keep going up? Who do you think these people are going to vote for?

From a Florida ER doctor:

"I live and work in a state overrun with illegals. They make more money having kids than we earn working full-time. Today I had a 25-year old with 8 kids - thats right 8; all illegal anchor babies and she had the nicest nails, cell phone, hand bag, clothing, etc. She makes about $1,500 monthly for each; you do the math. I used to say, We are the dumbest nation on earth. Now I must say and sadly admit: WE are the dumbest people on earth (that includes ME) for we elected the idiot idealogues who have passed the bills that allow this. Sorry, but we need a revolution. Vote them all out in 2010."
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LOS ANGELES – A MEXICAN WELFARE AND CRIME STATE WHERE THE JOBS ALSO GO TO ILLEGALS



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http://video.yahoo.com/watch/7165215?fr=yvmtf


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MEXICO AND LA RAZA SPREAD EXPAND THE OCCUPATION THROUGH MEXICAN MEDIA IN OUR COUNTRY!


WHILE BARACK OBAMA GIVES HIMSELF A B+ (HIS BANKSTERS GAVE HIM THE GRADE) JUDICIAL WATCH’S GRADE IS A BIT MORE REALISTIC:

JUDICIAL WATCH.org

With trillion dollar bailouts, government-run healthcare, banks and car companies, ACORN corruption, attacks on conservative media, illegal alien amnesty, unprecedented and dangerous new rights for terrorists, perks for campaign donors—this is the Obama legacy—and we haven't even gotten through the first year of his presidency!

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But President Obama lit the fuse in February when he signed the massive expansion of the State Children’s Health Insurance Program (SCHIP). That law loosened eligibility requirements for legal immigrants and their children by watering down document and evidentiary standards – making it easy for individuals to use fake Social Security cards to apply for benefits with little to no chance of getting caught. In addition, Obama’s S-CHIP expansion revoked Medicaid application time limits that were part of the 1996 welfare reform law. Immigration activists see the provisions as first steps toward universal coverage for illegals. http://mexicanoccupation.blogspot.com/2011/05/at-southern-border-obama-calls.html

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OBAMA'S HISPANICAZATION of AMERICA:

OBAMA FUNDS LA RAZA, WHICH OPERATES FROM THE WHITE HOUSE UNDER FORMER LA RAZA V.P. CECELIA MUNOZ - DO A SEARCH!


OBAMA’S LA RAZA ADMINISTRATION
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HEATHER MAC DONALD - The Illegal Alien Crime Tidal

Wave:
http://mexicanoccupation.blogspot.com/2011/05/heather-mac-donald-illegal-alien-crime.html

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OBAMA’S AMERICA: Open & Undefended Borders!
“What we're seeing is our Congress and national leadership dismantling our laws by not enforcing them. Lawlessness becomes the norm, just like Third World corruption. Illegal aliens now have more rights and privileges than Americans. If you are an illegal alien, you can drive a car without a driver's license or insurance. You may obtain medical care without paying. You may work without paying taxes. Your children enjoy free education at the expense of taxpaying Americans.”


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THE LA RAZA SUPREMACIST CRIME TIDAL WAVE:


WIKILEAKS EXPOSES OBAMA'S AGENDA OF LA RAZ SUPREMACY AND AN ILLEGAL IN EVERY AMERICAN JOB TO KEEP WAGES DEPRESSED. THE LEGALS GET THE TAX BILLS FOR THE MEX WELFARE AND CRIME TIDAL WAVE.

AT A TIME OF UNEMPLOYMENT CRISIS, OBAMA HAS SUED THE STATE OF ARIZONA FOR IMPLEMENTING E-VERIFY! OBVIOUSLY IF OBAMA DIDN'T KNOW THAT E-VERIFY KEPT ILLEGALS OUT OF AMERICAN JOBS, HE WOULD NOT HAVE BOTHERED. THE MAN WILL DO ANYTHING TO BUILD IS PARTY BASE OF ILLEGALS!


The Obama administration has also cut worksite enforcement efforts by 70%, allowing illegal immigrants to continue working in jobs that rightfully belong to citizens and legal workers.

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THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!




"We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers," said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. "President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws."







OBAMA KNEW HE COULD NOT PUNK US AGAIN WITH “CHANGE” AS BY HIS FIRST DAYS HE WAS SELLING US OUT TO HIS BANKSTER DONORS AND WALL ST CRONIES… AND HISPANDERING FOR THE ILLEGALS’ VOTES.
OBAMA HAS PROMISED LA RAZA “THE RACE” NO E-VERIFY, OPEN & UNDEFENDED BORDERS, DREAM ACTS, AN ADMIN FILLED WITH LA RAZA SUPREMACIST, LIKE SEC. of (illegal) LABOR HILDA SOLIS, AMNESTY… or continued NON-ENFORCEMENT.
OBAMA IS BUSH’S THIRD TERM, AND ONE OF THE MOST DISHONEST AND CORRUPT PRESIDENTS SINCE THE LAST ONE!

25 Statistics About The U.S. Economy Barack Obama Does Not Want You To Know
The human capacity for self-delusion truly is remarkable. Most people out there end up believing exactly what they want to believe even when the truth is staring them right in the face. Take the U.S. economy for example. Barack Obama wants to believe that his policies have worked and that the U.S. economy is improving. So that is what he is telling the American people. The mainstream media wants to believe that Barack Obama is a good president and that his policies make sense and so they are reporting that we are experiencing an economic recovery. A very large segment of the U.S. population still fully supports Barack Obama and they want to believe that the economy is getting better so they are buying the propaganda that the mainstream media is feeding them. But is the U.S. economy really improving? The truth is that it is not. The rate of employment among working age Americans is exactly where it was two years ago and household incomes have actually gone down while Obama has been president. Home ownership levels and home prices continue to decline. Meanwhile, food and gasoline continue to become even more expensive. The percentage of Americans that are dependent on the government is at an all-time record high and the U.S. national debt has risen by more than 5 trillion dollars under Obama. We simply have not seen the type of economic recovery that we have seen after every other economic recession since World War II.
The horrible statistics about the U.S. economy that you are about to read are not talked about much by the mainstream media. They would rather be “positive” and “upbeat” about the direction that things are headed.
But lying to the American people is not going to help them. If you are speeding in a car toward a 500 foot cliff, you don’t need someone to cheer you on. Instead, you need someone to slam on the brakes.
The cold, hard reality of the matter is that the U.S. economy is in far worse shape than it was four or five years ago.
We have never come close to recovering from the last recession and another one will be here soon.
The following are 25 horrible statistics about the U.S. economy that Barack Obama does not want you to know….
#1 The percentage of Americans that own homes is dropping rapidly. According to Gallup, the current level of homeownership in the United States is the lowest that Gallup has ever measured.
#2 Home prices in the U.S. continue to fall like a rock as well. They have declined for six months in a row and are now down a total of 35 percent from the peak of the housing bubble. The last time that home prices in the United States were this low was back in 2002.
#3 Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.
#4 Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.
#5 When Barack Obama first became president, the number of “long-term unemployed workers” in the United States was 2.6 million. Today, it is 5.3 million.
#6 The average duration of unemployment in the United States is about three times as long as it was back in the year 2000.
#7 Despite what the mainstream media would have us to believe, the truth is that the percentage of working age Americans that are employed is not increasing. Back in March 2010, 58.5 percent of all working age Americans were employed. In March 2011, 58.5 percent of all working age Americans were employed. In March 2012, 58.5 percent of all working age Americans were employed. So how can Barack Obama and the mainstream media claim that the employment situation in the United States is getting better? The employment rate is still essentially exactly where it was when the last recession supposedly ended.
#8 Back in 1950, more than 80 percent of all men in the United States had jobs. Today, less than 65 percent of all men in the United States have jobs.
#9 In 1962, 28 percent of all jobs in America were manufacturing jobs. In 2011, only 9 percent of all jobs in America were manufacturing jobs.
#10 In some areas of Detroit, Michigan you can buy a three bedroom home for just $500.
#11 According to one recent survey, approximately one-third of all Americans are not paying their bills on time at this point.
#12 Since Barack Obama entered the White House, the price of gasoline has risen by more than 100 percent.
#13 The student loan debt bubble continues to expand at a very frightening pace. Recently it was announced that total student loan debt in the United States has passed the one trillion dollar mark.
#14 Incredibly, one out of every four jobs in the United States pays $10 an hour or less at this point.
#15 Household incomes all over the United States continue to fall. After adjusting for inflation, median household income in America has declined by 7.8 percent since December 2007.
#16 Over the past several decades, government dependence has risen to unprecedented heights in the United States. The following is how I described the explosive growth of social welfare benefits in one recent article….
Back in 1960, social welfare benefits made up approximately 10 percent of all salaries and wages. In the year 2000, social welfare benefits made up approximately 21 percent of all salaries and wages. Today, social welfare benefits make up approximately 35 percent of all salaries and wages.
#17 In November 2008, 30.8 million Americans were on food stamps. Today, more than 46 millionAmericans are on food stamps.
#18 Right now, more than 25 percent of all American children are on food stamps.
#19 According to the U.S. Census Bureau, today 49 percent of all Americans live in a home that receives some form of benefits from the federal government.
#20 Over the next 75 years, Medicare is facing unfunded liabilities of more than 38 trillion dollars. That comes to $328,404 for each and every household in the United States.
#21 During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.
#22 At this point, the U.S. national debt is rising by more than 2 million dollars every single minute.
#23 The U.S. national debt has risen by more than 5 trillion dollars since the day that Barack Obama first took office. In a little more than 3 years Obama has added more to the national debt than the first 41 presidents combined.
#24 The Federal Reserve bought up approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.
#25 The Federal Reserve continues to systematically destroy the value of the U.S. dollar. Since 1970, the U.S. dollar has lost more than 83 percent of its value.
But the horrible economic statistics only tell part of the story.
In communities all over America there is a feeling that something fundamental has changed. Businesses that have been around for generations are shutting their doors and there is a lot of fear in the air. The following is a brief excerpt from a recent interview with Richard Yamarone, the senior economist at Bloomberg Brief….
You have to listen to what the small businesses are telling you and right now they are telling you, ‘Hey, I’m the head of a 3rd or 4th generation, 75 or 100 year old business, and I’ve got to shut the doors’ or ‘I’ve got to let people go. And if I’m hiring anybody back, it’s only on a temporary basis.’
Sometimes they do this through a hiring firm so that they can sidestep paying unemployment benefit insurance. So that’s what’s really going on at the grassroots level of the economy. Very, very, grossly different from what you’re seeing in some of these numbers coming out in earnings releases.”
All over the country, millions of hard working Americans are desperately looking for work. They have been told that “the recession is over”, but they are still finding it incredibly difficult to find anyone that will hire them. The following example is from a recent CNN article….
Joann Cotton, a 54-year-old Columbus, Mississippi, resident, was one of those faces of poverty we met on the tour. Unemployed for three years, Joann has gone from making “$60,000 a year to less than $15,000 overnight.” Her husband is disabled and dependent on medicines the couple can no longer afford. They rely on food stamps, which, Joann says, “is depressing as hell.”
Receiving government aid, however, has not been as depressing as her job search. Joann says she has applied for at least 300 jobs. Even though she can barely afford gas, she drives to the interviews only to learn that the employers want to hire younger candidates at low wages.
The experiences have taken a toll: “I’ve aged 10 years in the three years that I’ve been looking for a job,” Joann told us. “I want to get a job so I can just relax and exhale … but I can’t. After a while you just give up.”
Meanwhile, Barack Obama and his family continue to live the high life at the expense of the U.S. taxpayer.
Even many Democrats are starting to get very upset about this. The following is from a recent article by Paul Bedard….
Blue collar Democratic voters, stuck taking depressing “staycations” because they can’t afford gas and hotels, are resentful of the first family’s 17 lavish vacations around the world and don’t want their tax dollars paying for the Obamas’ holidays, according to a new analysis of swing voters.
It simply is not appropriate for the Obamas to be spending millions upon millions upon millions of U.S. taxpayer dollars on luxury vacations when so many Americans are deeply suffering.
But Barack Obama does not want you to know about any of this stuff.
He just wants you to buy his empty propaganda one more time so that he can continue to occupy the White House for another four years.
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WHY WALL STREET GORGES ON OBAMA: HE’S PROMISED THE CRIMINALS NO PRISON TIME AND SEVERELY DEPRESSED WAGED BY WITH HORDES OF ILLEGALS CLIMBING OUR OPEN & UNDEFENDED BORDERS TO GET AT OUR JOBS!
PUTTING LA RAZA IN OUR JOBS, KEEPS WAGES DEPRESSED AND PROFITS HIGHER FOR THE 1%!
BUT ISN’T OBAMA MERELY THE PRESIDENT FOR ILLEGALS AND HIS CRIMINAL BANKSTERS?





DOJ: Immigration Apprehensions Lowest Since 1972

July 23, 2012 |

Newly released government records seem to indicate that the Obama Administration got to work right away on its stealth amnesty plan, drastically slashing the number of immigration apprehensions during its first two years in power.

Apprehensions for immigration violations plummeted dramatically from 1.8 million in 2000 to an all-time low of 516,992 in 2010, according to a report released this month by the Department of Justice (DOJ). The document was created by a special division of the DOJ (Bureau of Justice Statistics) that collects and disseminates information on crime and the operation of the justice system.

Less than two years into the Obama presidency, the number of immigration violation apprehensions was at the lowest level since 1972, according the federal report. Arrests, however, tripled from 25,205 to 82,438, but this is deceiving because apprehensions are instances in which foreign nationals are caught in the U.S. illegally. Arrests refer to the booking of an individual by U.S. Marshals for violating federal immigration law.

Under this formula, if a lot less illegal immigrants are getting “apprehended” or caught in the first place, simply increasing the number of actual “arrests” is not going to cut it. For the purpose of the DOJ stats, apprehensions and arrests represent events and not actual individuals because some illegal aliens could be apprehended or arrested on multiple occasions.

Not surprisingly, the core of the apprehensions took place at or near the Mexican border with the Tucson Arizona sector leading the way in 2010 with 212,202. The others are; San Diego (68,565), Rio Grande Valley (59,766), Laredo (35,287), El Centro (32,562) and Del Rio (14,694). An overwhelming chunk of the illegal immigrants, 83%, were citizens of Mexico though an increasing number (12%) came from Central American countries.

Here are a few other interesting stats revealed in the DOJ’s report, which keep in mind, only covers up to 2010. The most common immigration offense charged in federal court in 2010 was illegal reentry (81%) with two-thirds of the defendants having a prior felony arrest and more than half a prior felony conviction. They include large numbers of drug-related and violent felonies, according to the report.

The bottom line is that this appears to be yet another tidbit supporting the Obama Administration’s backdoor amnesty plan, which has become bolder over the years. Last month the president proudly announced—at a Rose Garden press conference—a controversial plan to spare nearly 1 million young illegal immigrants from deportation, even as the administration works behind the scenes granting stealth amnesty to many more undocumented aliens.

As of the end of May, 4,585 deportation cases were closed under a special Homeland Security program—prosecutorial discretion—created last summer to conduct “an unprecedented review of all immigration cases pending in the immigration courts and incoming cases.” The number continues rising, according to ICE figures obtained by a nonpartisan data research center that studies the government.








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