Saturday, July 20, 2013

No to OBAMA'S LOOTING of AMERICA STARTING WITH DETROIT - No to bankruptcy! Mobilize the working class against the bankers dictatorship!

No to bankruptcy! Mobilize the working class against the bankers dictatorship!
The Detroit bankruptcy

The Detroit bankruptcy... SO GOES THE NATION... LOOTED BY OBAMA'S WALL STREET CRONIES!

20 July 2013
The bankruptcy of Detroit, the former auto capital of the world, is a milestone in the historical decay of American capitalism. It is as well a new point of departure in the social counterrevolution being carried out by the ruling class to make working people pay for the failure of its system.

By going into court, Wall Street bankruptcy lawyer Orr intends to secure repayment of the city's debt obligations to the big banks and bondholders by shredding union contracts; slashing pensions and health benefits of both active and retired city workers; gutting public services; privatizing public lighting, transit and sanitation; and selling off assets such as the water treatment plant, Belle Isle Park, Detroit Zoo animals, and the Detroit Institute of Arts’ world famous collection.

As a consequence, hundreds of thousands of Detroiters will be thrown into conditions of social immiseration. Thousands of small businesses will be wiped out. At the same time, the city is handing over hundreds of millions of dollars in public funds to enable billionaire Detroit Red Wings owner Mike Ilitch to build a new arena and to subsidize real estate mogul Dan Gilbert’s plans to gentrify a section of downtown Detroit.

In carrying out this agenda, Orr has the support of both big business parties and the Obama administration, which has ruled out any federal aid to Detroit.

By throwing Detroit into bankruptcy, the ruling class has exposed the reality of class rule and the dictatorship of capital that lurk behind the trappings of democracy. The domination of the banks and corporations is embodied in the role of their agent, Orr, who operates outside of any democratic
control.

OBAMA’S CRONY CAPITALISM – A NATION RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS


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

by Michelle Malkin

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.

OBAMA’S INCEST WITH BIG BANSTERS CONTINUES… WHO’D A THOUGHT???

With his faith in government and coziness with big business, Watt personifies Obamanomics.


Big government and big banks -- Watt is the perfect fit for Fannie, Freddie, and Obama.


MONEY GRUBBING KLEPTOMANIAC DIANNE FEINSTEIN, ONE OF THE MOST CORRUPT AND SELF-SERVING POLITICIANS IN AMERICAN HISTORY.
A COMMENT ABOUT THE WHITE COLLAR CRIME DUAL OF SEN. DIANNE FEINSTEIN AND RICHARD C. BLUM, MAJOR OBAMA DONORS: 

This system is best characterized as a plutocratic kleptocracy, completely lacking in authentic democracy, operated by and for corporate racketeers, in short, a dictatorship of big capital, the top 1% of wealth holders, which makes up a ruling class."

WEALTHY WANT MORE OF THE 1% PRESIDENT
The Fall of Barack Obama and the End of his Con Jobs and lies!
WEALTHY and ILLEGALS PUSH FOR AN OBAMA THIRD TERM.
more at this link – post on your Facebook and email broadcast
The legacy of the man that punked American and called it “CHANGE” will be the unbridled looting from his bankster donors, and the staggering expansion of the LA RAZA SUPREMACY Mexican welfare state in America.
OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM
“The response of the administration was to rush to the defense of the banks. Even before coming to power, Obama expressed his unconditional support for the bailouts, which he subsequently expanded. He assembled an administration dominated by the interests of finance capital, symbolized by economic adviser Lawrence Summers and Treasury Secretary Timothy Geithner.”
 
 
BANKSTER DONORS JP MORGAN… STILL LOOTING AMERICA AND THE WORLD!
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This is the unadulterated voice of finance capital speaking. It should be recalled that JPMorgan is deeply implicated in the speculative operations that have devastated the lives of hundreds of millions of workers around the world. In March of this year, a US Senate committee released a 300-page report documenting the criminal practices and fraud carried out by JPMorgan, the largest bank in the US and the world’s biggest dealer in derivatives. Despite the detailed revelations in the report, no action will be taken against the bank’s CEO, Jamie who enjoys the personal confidence of the US president.

assault on America – THE OBAMA – JP MORGAN LOOTING of a nation… now expanded to pillaging of AMERICAN STUDENT$$$$$$$$$$$$$$

more at this link – post on your Facebook and email broadcast

BANK PROFITS
YES, UNDER THE BANKSTER-OWNED PRESIDENT OBAMA, LIFE IS GOOD FOR HIS CRIMINAL BANKSTER DONORS. THEIR PROFITS and CRIMES ARE SOARING AND SO ARE FORECLOSURES.
more at this link – post on your Facebook and email broadcast
“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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