In this way, the financial elite intends to divert an estimated $1.4 trillion in unfunded pension money owed to retired workers to pay off the big banks and hedge funds that control the municipal bond and derivatives market...AND IT IS HAPPENING ALL OVER THE NATION!
“The changes to the rule, which will be announced on Thursday, could effectively empower a few big banks to continue controlling the derivatives market, a main culprit in the financial crisis.”
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.
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“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).”
CRONY CAPITALISM ...the rise of Barack Obama and the fall of America!
OBAMA'S ASSAULT ON AMERICA -WHY WALL STREET, ILLEGALS, CRIMINAL BANKSTERS and the 1% LOVE HIM, AND THE MIDDLE CLASS GETS THE SHAFT TO PAY FOR HIS CRONY CAPITALISM
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CEO pay is higher than ever, as is
the chasm separating the rich and super-rich from everyone else. The incomes of
the top 1 percent grew more than 11 percent between 2009 and 2011—the first two
years of the Obama “recovery”—while the incomes of the bottom 99 percent
actually shrank.
Meanwhile, Obama is pressing
forward with his proposal, outlined in his budget for the next fiscal year, to
slash $400 billion from Medicare and $130 billion from Social Security… AS WELL
AS WIDER OPEN BORDERS, NO E-VERIFY, NO LEGAL NEED APPLY TO KEEP WAGES DEPRESSED
The
goal of the Obama administration, working with the Republicans and local
governments, is to roll back the living conditions of the vast majority of the
population to levels not seen since the 19th century, prior to the advent of
the eight-hour day, child labor laws, comprehensive public education, pensions,
health benefits, workplace health and safety regulations, etc.
In
response to the ruthless assault of the financial oligarchy, spearheaded by
Obama, the working class must advance, no less ruthlessly, its own policy.
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.
Government of, by, and
for the banks
25 May 2013
Five years since the 2008 financial meltdown,
the speculation and fraud that caused the crash are back in full force in the
United States. Flush with the $85 billion in cash printed up and handed to the
banks every month by the Federal Reserve, business at the Wall Street casino is
booming. Stock values are at record levels and so are bank profits, amidst
declining wages and mass poverty.
Big Banks Get Break in Rules to Limit Risks
OBAMA-STYLE CRONY CAPITALISM… business as usual for Obama’s banksters!
OBAMA
AND HIS CRIMINAL BANKSTERS… THE LOOTING GOES ON, AND AS PER OBAMA’S
PROMISE…NONE HAVE GONE TO PRISON!
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http://mexicanoccupation.blogspot.com/2013/05/crony-capitalism-obama-style-his.html
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http://mexicanoccupation.blogspot.com/2013/06/zogby-fall-of-barack-obama-man-mexico.html
THE OBAMA DOCTRINE: No Legal Need Apply!
Zogby: Obama is on the
verge of failure
JUNE 21, 2013
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http://mexicanoccupation.blogspot.com/2013/06/zogby-fall-of-barack-obama-man-mexico.html
Pollster John Zogby reports in our weekly White House
report card that dithering in the White House has President Obama losing control
of his agenda and administration.
BARACK OBAMA, LA RAZA FASCISM and the
CULTURE of DEM CORRUPTION
They Destroyed Our
Country
“They
knew Obama was an unqualified crook; yet they promoted him. They knew Obama was
a train wreck waiting to happen; yet they made him president, to the great
injury of America and the world. They understood he was only a figurehead, an
egomaniac, and a liar; yet they made him king, doing great harm to our republic
(perhaps irreparable.)”
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This report is another example of the obscene concentration of
wealth in America that has raised inequality to a level not seen in more than a
century. Wages for workers in the United States are at their lowest level since
the 1950s.
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