the figures are in on Obama’s looting of America for Wall Street!
STAGGERING POVERTY IN AMERICA CAUSED BY OBAMA, HIS CRONIES AND WALL STREET DONORS…AND THEN ILLEGALS GET THE JOBS!
http://mexicanoccupation.blogspot.com/2013/09/obamanomics-and-obamas-crony-capitalism.html
According to a new report by University of California Berkeley Professor Emmanuel Saez, the gulf between the wealthy and the rest of society has sharply expanded under Obama. The richest one percent now monopolize more than 22 percent of all household income in America. The richest ten percent of the population now control more than half of the nation’s income, 50.4 percent—the highest proportion since the government began collecting income statistics in 1917.
Since 2009, the richest one percent has captured a staggering 95
percent of all income gains. The class war policies of the government—including
bank bailouts, “quantitative easing” and an attack on wage and benefits for the
working class—have led to a 31.4 percent rise in income for the top one
percent. The wealthy have more than recovered the losses that came from the
Wall Street collapse of 2008.
Meanwhile, the bottom 99 percent has seen a negligible 0.4 percent
rise in income. Tens of millions of workers—who never recovered from the record
household income drop of 2007 to 2009—continue to reel from the effects of mass
job losses, falling wages, home foreclosures, indebtedness and social service
cuts.
STAGNANT WAGES... Obama's AMNESTY HOAX is guaranteed to keep wages depressed for millions and millions of Americans (Legals).
OBAMA SERVES THE 1%, HIS CRIMINAL BANKSTER DONORS and THE MEXICAN FASCIST PARTY of LA RAZA… ILLEGAL VOTERS!
FOR AMERICANS IT’S ONLY MORE LOOTING
BY THE CON HE CALLED “CHANGE”.
POVERTY IN THE BURBS…you are next and an illegal is next in your
job!
OBAMAnomics at work: SOARING RICHES FOR THE 1%, SOARING
UNEMPLOYMENT FOR AMERICANS (LEGALS), SOARING PROFITS and CRIMES FOR OBAMA’S
BANKSTER DONORS and SOARING TAXES TO PAY FOR MEXICO’S WELFARE STATE IN OUR
BORDERS!
Much of the rise in suburban poverty is due to the impoverishment
of working families already living there. The decline in manufacturing, the
Great Recession, and widespread foreclosures have left many longtime suburban
families reeling
Much of the rise in suburban poverty is due to the
impoverishment of working families already living there. The decline in
manufacturing, the Great Recession, and widespread foreclosures have left many
longtime suburban families reeling.
THE WRECKING OF AMERICA: BARACK OBAMA and his LOOTING WALL
STREET DONORS PILLAGE A NATION BUSH STYLE!
FIRE LEGALS only
to HIRE ILLEGALS on the cheap… but how “cheap”
is Mexico’s looting and occupation???
LAY OFF AMERICANS TO HIRE ILLEGALS… IT’S THE AMERICAN WALL
STREET LOOTERS’ WAY!
Of course, the U.S. unemployment rate is at
7.3 percent, with millions of American workers at all skill levels out of work,
and millions more so discouraged that they have left the work force altogether.
In addition, at the same time the corporate officers seek higher numbers of
immigrants, both low-skill and high-skill, many of their companies are laying
off thousands of workers.
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
more at this link – post on your Facebook and email broadcast
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.
http://mexicanoccupation.blogspot.com/2013/09/obamanomics-and-obamas-crony-capitalism.html
According to a new report by University of California Berkeley Professor Emmanuel Saez, the gulf between the wealthy and the rest of society has sharply expanded under Obama. The richest one percent now monopolize more than 22 percent of all household income in America. The richest ten percent of the population now control more than half of the nation’s income, 50.4 percent—the highest proportion since the government began collecting income statistics in 1917.
Since 2009, the richest one percent has captured a staggering 95 percent of all income gains. The class war policies of the government—including bank bailouts, “quantitative easing” and an attack on wage and benefits for the working class—have led to a 31.4 percent rise in income for the top one percent. The wealthy have more than recovered the losses that came from the Wall Street collapse of 2008.
Meanwhile, the bottom 99 percent has seen a negligible 0.4 percent rise in income. Tens of millions of workers—who never recovered from the record household income drop of 2007 to 2009—continue to reel from the effects of mass job losses, falling wages, home foreclosures, indebtedness and social service cuts.
The rich keep getting richer, combined net worth of America’s top 400
rises
By Associated
Press, Updated: Monday, September 16
RICH GET RICHER: Forbes on Monday released its annual list of
the top 400 richest Americans. Most of the top rankings didn’t change, but the
fortunes of the majority of the elite club’s members grew, helped by strong
stock and real estate markets.
HIGHEST TOTAL EVER: The people on the annual list posted a
combined net worth of $2 trillion, up from $1.7 trillion a year ago. That marks
their highest combined value ever.
STILL No. 1: Microsoft Corp. co-founder Bill Gates remains
America’s richest man, taking the top spot on the list for the 20th straight
year with a net worth of $72 billion, up from $66 billion a year ago.
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