Income
inequality grows four times faster under
Obama than Bush
The study noted that, in the aftermath of the Great
Depression, the US undertook policies “during the New Deal [that] permanently
reduced income concentration until the 1970s.” In contrast, the study noted a
striking absence of any measures to reign in social inequality in the present
crisis. Far from it, the Obama administrations’ bank bailouts, austerity
program and wage-cutting policies have vastly expanded the prevalence of social
inequality.
SOARING POVERTY IN AMERICA – SOARING PROFITS FOR WALL STREET
CRONY CAPITALISM: HOW OBAMA KEPT HIS PROMISE TO MAKE THE
RICH RICHER AND VOTING ILLEGALS GET OUR JOBS, WELFARE AND LA RAZA SUPREMACY OFF
THE GRINGOS’ BACKS.
OBAMANOMICS AT WORK:
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.)”
more at this link – post on your Facebook and email broadcast
http://mexicanoccupation.blogspot.com/2013/06/the-democrat-party-party-for-illegals.html
BARACK OBAMA:
The Sociopath that conned us with “hope and change” but became George Bush’s
third and fourth terms.
THE LOOMING
GLOBAL ECONOMIC MELTDOWN: OBAMAnomics at work!
BUT HIS CRONY
BANKSTERS ARE SWIMMING IN PROFITS!
THE DEATH of the DEMOCRAT PARTY THAT FUNDED THE RISE OF LA
RAZA SUPREMACY and the MEXICAN WELFARE STATE IN AMERICA
HOW OBAMA DESTROYED HIS OWN PARTY
THE LIFESTYLE OF AMERICA’S BIGGEST SOCIOPATH
BARACK OBAMA: The Hope & Change huckster and the 1%
lifestyle he lives
HOW CRIMINAL WALL
STREET BANKS and the MEXICAN FASCIST PARTY of LA RAZA FUNDED BY BARACK OBAMA,
BUILT AN OBAMA DICTATORSHIP.
“Slowly, Mr. Obama has
changed the United States into another country — the Soviet States of America —
an authoritarian state where false promises of "hope and change" were
used to manipulate the public.”
THE ASSAULT ON BLACK AMERICA BUY BARACK OBAMA:
OBAMA’S VISION OF AMERICA… one big CON
JOB of lies!
Honoring Dr. King… the Crony King Obama
sets economic supremacy for the 1% as the new goal of his OBAMAnomics for Wall
Street donors…
CRONY KING
OBAMA: CURL: The Obamas
live the 1 percent life
HAS OBAMA PUNKED US?
“ The larger fear is that Obama
might be just another corporatist, punking voters much as the Republicans do
when they claim to be all for the common guy.” NEW YORK TIMES
August
9, 2009
Op-Ed
Columnist
Is Obama Punking Us?
“AUGUST is a challenging time to be president,” said Andrew Card,
the former Bush White House chief of staff, as he offered unsolicited advice to his successors in a
television interview last week. “I think you have to expect the unexpected.”
He should know. Thursday was the
eighth anniversary of “Bin Laden Determined to Strike in U.S.,” the President’s
Daily Brief that his boss ignored while on vacation in Crawford. Aug. 29 marks
the fourth anniversary of Hurricane Katrina’s strike on the Louisiana coast,
which his boss also ignored while on vacation in Crawford.
So do have a blast in Martha’s
Vineyard, President Obama.
Even as we wait for some unexpected
disaster to strike, Beltway omens for the current White House are grim. Obama’s
poll numbers are approaching free fall, we are
told. If he fails on health care, he’s toast. Indeed, many of the bloviators
who spot a fatal swoon in the Obama presidency are the same doomsayers who in
August 2008 were predicting his Election Day defeat because he couldn’t “close
the deal” and clear the 50 percent mark in matchups with John McCain.
Here are two not very daring
predictions: Obama will get some kind of health care reform done come fall. His
poll numbers will not crater any time soon.
Yet there is real reason for
longer-term worry in the form of a persistent, anecdotal drift toward
disillusionment among some of the president’s supporters. And not merely those
on the left. This concern was perhaps best articulated by an Obama voter, a
real estate agent in Virginia, featured on the front page of The
Washington Post last week. “Nothing’s changed for the common guy,” she
said. “I feel like I’ve been punked.” She cited in particular the billions of
dollars in bailouts given to banks that still “act like they’re broke.”
But this mood isn’t just about the
banks, Public Enemy No. 1. What the Great Recession has crystallized is a
larger syndrome that Obama tapped into during the campaign. It’s the sinking
sensation that the American game is rigged — that, as the president typically
put it a month after his inauguration, the system is in hock to “the
interests of powerful lobbyists or the wealthiest few” who have “run Washington
far too long.” He promised to smite them.
No president can do that alone, let
alone in six months. To make Obama’s goal more quixotic, the ailment that he
diagnosed is far bigger than Washington and often beyond politics’ domain. What
disturbs Americans of all ideological persuasions is the fear that almost everything,
not just government, is fixed or manipulated by some powerful hidden hand, from
commercial transactions as trivial as the sales of prime concert tickets to
cultural forces as pervasive as the news media.
As Democrats have pointed out, the
angry hecklers disrupting town-hall meetings convened by members of Congress
are not always ordinary citizens engaging in spontaneous grass-roots protests
or even G.O.P. operatives, but proxies for corporate
lobbyists. One group facilitating the
screamers is FreedomWorks, which is run by the former Congressman Dick
Armey, now
a lobbyist at the DLA Piper law firm. Medicines Company, a global
pharmaceutical business, has paid DLA Piper more than $6 million in lobbying
fees in the five years Armey has worked there.
But the Democratic members of
Congress those hecklers assailed can hardly claim the moral high ground. Their
ties to health care interests are merely more discreet and insidious. As
Congressional Quarterly reported last week, industry
groups contributed almost $1.8 million in the first six months of 2009 alone to
the 18 House members of both parties supervising health care reform, Nancy
Pelosi and Steny Hoyer among them.
Then there are the 52 conservative
Blue Dog Democrats, who have balked at the public option for health insurance.
Their cash intake from insurers and drug companies outpaces their Democratic
peers by an average of 25 percent, according to The Post. And let’s
not forget the Democratic Senate Campaign Committee, which has raked in nearly $500,000
from a single doctor-owned hospital in McAllen, Tex. — the very one
that Obama has cited as a symbol of runaway medical costs ever since it was profiled
in The New Yorker this spring.
In this maze of powerful moneyed
interests, it’s not clear who any American in either party should or could root
for. The bipartisan nature of the beast can be encapsulated by the remarkable
progress of Billy Tauzin, the former Louisiana congressman. Tauzin was a founding member of the Blue
Dog Democrats in 1994. A year later, he bolted to the Republicans. Now he is chief
of PhRMA, the biggest pharmaceutical trade group. In the 2008 campaign, Obama
ran a television ad pillorying Tauzin for his role in preventing Medicare from
negotiating for lower drug prices. Last week The Los Angeles Times reported — and The New York Times confirmed — that
Tauzin, an active player in White House health care negotiations, had secured a
behind-closed-doors flip-flop, enlisting the administration to push for
continued protection of drug prices. Now we know why the president has ducked
his campaign pledge to broadcast such negotiations on C-Span.
The making of legislative sausage is
never pretty. The White House has to give to get. But the cynicism being
whipped up among voters is justified. Unlike Hillary Clinton, whose chief
presidential campaign strategist unapologetically did double duty as a
high-powered corporate flack, Obama promised change we could actually believe
in.
His first questionable post-victory
step was to assemble an old boys’ club of Robert Rubin protégés and
Goldman-Citi alumni as the White House economic team, including a Treasury
secretary, Timothy Geithner, who failed in his watchdog role at the New York
Fed as Wall Street’s latest bubble first inflated and then burst. The questions about
Geithner’s role in adjudicating the subsequent bailouts aren’t going away, and
neither is the angry public sense that the fix is still in. We just learned
that nine of those bailed-out banks — which in total received $175 billion of
taxpayers’ money, but as yet have repaid only $50 billion — are awarding a total of
$32.6 billion in bonuses for 2009.
It’s in this context that Obama
can’t afford a defeat on health care. A bill will pass in a Democrat-controlled
Congress. What matters is what’s in it. The final result will be a CAT scan of
those powerful Washington interests he campaigned against, revealing which have
been removed from the body politic (or at least reduced) and which continue to
metastasize. The Wall Street regulatory reform package Obama pushes through, or
doesn’t, may render even more of a verdict on his success in changing the
system he sought the White House to reform.
The best political news for the
president remains the Republicans. It’s a measure of how out of touch G.O.P.
leaders like Mitch McConnell and John Boehner are that they keep trying to
scare voters by calling Obama a socialist. They have it backward. The larger fear is that Obama might be
just another corporatist, punking voters much as the Republicans do when they
claim to be all for the common guy. If anything, the most unexpected — and
challenging — event that could rock the White House this August would be if the
opposition actually woke up.
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