Saturday, July 4, 2015

AMERICA WAKES UP TO MEXICO'S LOOTING IN OUR OPEN BORDERS - Cruz salutes Donald Trump: DC 'cartel supports amnesty' | WashingtonExaminer.com

Cruz salutes Donald Trump: DC 'cartel supports amnesty' | WashingtonExaminer.com


REALLY WANT TO HAND THESE PEOPLE

AMNESTY? THEY ALREADY GET OUR JOBS

AND BILLIONS IN WELFARE!


ANOTHER MEXICAN MURDERER ON THE LOOSE.

 

The woman, 32-year-old Kathryn Steinle (“Kate”), was struck in the chest with a bullet while

visiting Pier 14 on the Embarcadero with her family. She was rushed to a nearby hospital but

doctors were unable to save her, as she died in her parents’ arms a few hours later.



The suspect, Francisco Sanchez, was identified as being in his mid-40s and on probation
from Texas due to previous, undisclosed crimes. He was arrested after tips from passers-by.
Officials said that the killing appeared to be random.
 

PATRICK BUCHANAN: OBAMA’S ASSAULT  ON AMERICA BEGINS AT OUR BORDERS


“Yet nothing that happens on these borders imperils America so much as what is happening on our own bleeding border with Mexico.” Patrick Buchanan

LAURA INGRAHAM

watching the GOP knell to LA RAZA SUPREMACY

GOP HISPANDERS!           


"The RNC sure seems crestfallen that President Obama didn't sign an executive amnesty for millions of illegal workers in the U.S.,” Ingraham said in an email. “I, for one, am glad that now we all know where the GOP Establishment's allegiance really lies -- and it's not with the American working class that is desperately looking for its champion.”

 

OBAMA'S CRONY BANKSTERS DEMAND CLINTON SUCCEED THEIR MAN OBAMA! - Hillary slams rival Sanders: I won't 'take a backseat' | WashingtonExaminer.com

Hillary slams rival Sanders: I won't 'take a backseat' | WashingtonExaminer.com


FRAUD for FEES
WELLS FARGO’S LOOTING OF AMERICA CONTINUES!



“The answer: Any tool that increases Washington's involvement in big business — here and abroad — creates opportunities for politicians to demand tribute from corporate and government coffers and increase political control over business. Ex-Im is a goldmine for a transactional politician like Hillary.” --- TIMOTHY P. CARNEY, Washington Examiner

Sen. Bernie Sanders – America’s answer to Wall Street’s looting, the
war on the American middle-class and jobs for legals!



“At this point, Clinton is the choice of most multimillionaires to be the next occupant of the White House. A recent CNBC poll of 750 millionaires found 53 percent support for Clinton in a contest with Republican Jeb Bush, 14 points better than Obama’s showing in the 2012 election with the same group.”

THE CRONY CLASS:

OBAMACLINTONOMICS was created by BILLARY CLINTON!

Income inequality grows FOUR TIMES FASTER under Obama than Bush.



“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”

*

“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER

HILLARY CLINTON: A dedicated disciple of OBAMANOMICS – Why else would his banksters invest so much in her???


“That her candidacy is announced without calling for any particular policies underscores the fact that the election is not about the American people deciding the course of policy, but rather the vetting of candidates to serve the interest of the financial oligarchy.”

“There is, of course, no acknowledgment that Clinton was part of an administration that oversaw and continues to oversee the greatest transfer of wealth from the bottom to “those at the top” in US history.”

 

CRONY CAPITALISM and the FALL  of A
DEMOCRATIC NATION
 

OBAMA’S LOOTING BANKSTERS AGREE TO FUND HIS DICTATORSHIP… they owned him from day one!


“The vast sums of money pocketed by bank executives are bound up with activities that range from borderline legal to flagrantly illegal. Nearly all of the CEOs included on the list head banks that have been the subject of multiple investigations and fines related to the rigging of global interest and foreign exchange rates, mortgage fraud, money laundering, tax evasion and other crimes.”

 
JUDICIAL WATCH:

OBAMA RANKS AS THE MOST CORRUPT PRESIDENT IN MODERN AMERICAN HISTORY

BARACK OBAMA and the DEATH of the
 
AMERICAN MIDDLE-CLASS.


WITH THE MIDDLE-CLASS DEAD AND BURIED, WILL THE MEXICAN FASCIST PARTY of LA RAZA “The Race” HELP OBAMA BUILD HIS DICTATORSHIP? Do a search for Obama and La Raza Fascism!

 

OBAMA-CLINTONomics:

CEO PAY 300 TIMES GREATER THAN WORKERS…. AMNESTY WILL MAKE THOSE FIGURES SOAR HIGHER!




“Historically speaking, the rise in CEO compensation is tied to the global decline of American capitalism and the increasing financialization of the economy. In 1965 the ratio of CEO to worker pay was 20 to 1. By 1978 the ratio had only grown to 30 to 1. It was only in the 90s that CEO pay reached absurd heights, rising from 59 to 1 in 1989 to 376 to 1 in 2000.”


OBAMA-CLINTONOMICS: Keep wages depressed with endless hordes of illegals jumping our borders, jobs and welfare lines!

“But any serious look at the latest figures reveals why Jim Clifton, head of the Gallup polling agency, has denounced the official unemployment rate as a “big lie” that largely ignores the continued prevalence of mass unemployment in the United States.”


“Obama’s trivial proposal on overtime pay is in line with the record of his entire presidency, which has sought to impose the full cost of the global capitalist crisis on the backs of the working class, while doing everything possible to protect and expand the wealth of the financial oligarchy that controls political life in the United States.”

MY BANKSTERS AND ME. WE'RE PALSY WALSY!


Goldman Sachs is part of this story, too. In the
 
summer of 2011, Goldman Sachs hired a K
 
Street firm to lobby the State Department on
 
Ex-Im. That fall, Ex-Im approved a $75.8
 
million loan to a state-owned Chinese bank so
 
it could buy private jets from Hawker
 
Beechcraft, a jetmaker owned largely by
 
Goldman at the time. Secretary Clinton at that
 
time praised her deputy, former Goldman vice
 
president Robert Hormats, for "coordinating
 
with the Export-Import Bank," on international
 
trade and development issues.

 
 

DICK MORRIS:

On America’s First Family of Crime…..

NO! Not the Bushes again!

Clinton global hucksterism – Selling out America like they sold out the Lincoln Bedroom.

 
THE CLINTON FOUNDATION HANDS OUT $9 MILLION TO CHARITIES… about 6cents for every bribe buck they huckster!
AND THEN BUYS CHELSEA A $11 MILLION NYC APARTMENT.
images of Chelsea’s $11 million dollar condo here:
REALITY CHECK ON HILL$$$ and BILL$$$ and Miss One Percent  Chelsea... living the good life from the sweet bribes of Wall Street's biggest criminal corporations and global Muslim dictatorships.
Hill$$$ & Bill$$$ Clinton and the Art of Looting Charities… first declare
yourself a charitable foundation. LOL!!!
The former president of the United States agreed to accept a lifetime achievement award at the June 2014 event after Ms. Nemcova offered a $500,000 contribution to the Bill, Hillary and Chelsea Clinton Foundation. The donation, made late last year after the foundation sent the charity an invoice, amounted to almost a quarter of the evening’s net proceeds — enough to build 10 preschools in Indonesia.
http://mexicanoccupation.blogspot.com/2015/05/hill-bill-and-art-of-looting-charities.html


BANKSTERS J.P. MORGAN CHASE, BANK of AMERICA and
WELLS FARGO RAKED IN A TOTAL OF $1.14 BILLION FROM
OVERDRAFT FEES IN THE FIRST QUARTER, 2015 ALONE.

SOURCE: SNL FINANCIAL, A FINANCIAL-INFORMATION FIRM.

CEO WAGES SOAR UNDER OBAMA. POVERTY FOR AMERICANS SOARS EVEN MORE!

 
THE OBAMA DOCTRINE: The Rich Must Get Richer Or Be Bailed Out by the American Middle-Class!

 

Transfer America’s economy to the richest. Destroy the American middle-class and expand Mexico’s welfare state on the backs of the American people to keep wages depressed!


ANOTHER MURDERING MEXICAN! DEPORTED LA RAZA MEXICAN FRANCISCO SANCHEZ MURDERS KATHRYN STEINLE - It happens every day in America


THERE HAVE BEEN MORE THAN 2,000 CALIFORNIANS MURDERED BY MEXICANS THAT FLED BACK OVER THE OPEN BORDER TO AVOID PROSECUTION.

ACCORDING TO CA ATTORNEY GEN. KAMALA HARRIS, HERSELF A LA RAZA DEM FOR AMNESTY, HALF THE MURDERS IN MEX-OCCUPIED CA ARE BY MEXICAN GANGS.

REALLY THINK THESE INVADING MURDERERS DESERVE AMNESTY???

CALIFORNIA'S OPEN BORDERS!

Suspect in Shocking S.F. Murder ‘Deported to Mexico Several Times’


 The man suspected of gunning
down a young woman at random
at a popular San Francisco tourist
spot on Wednesday has been
“deported to Mexico several
times,” according to a report by
the local ABC News affiliate.

The woman, 32-year-old Kathryn Steinle (“Kate”), was struck in the chest with a bullet while visiting Pier 14 on the Embarcadero with her family. She was rushed to a nearby hospital but doctors were unable to save her, as she died in her parents’ arms a few hours later.

The suspect, Francisco Sanchez, was identified as being in his mid-40s and on probation from Texas due to previous, undisclosed crimes. He was arrested after tips from passers-by. Officials said that the killing appeared to be random. Police believe they have recovered the murder weapon from the waters of the San Francisco Bay near the pier, where the suspect allegedly tossed it.

On Thursday, two news crews filming live at Pier 14 were mugged at the scene, and one cameraman was pistol-whipped.

The San Francisco Chronicle described Steinle’s last moments in heartbreaking detail:

“She fought for her life,” [Liz] Sullivan said, adding that her daughter’s heart had stopped two times, and was restarted, in the ambulance.

“It was a battle, but she just didn’t make it,” she said. “It was horrific, but we knew the minute they came to talk to us, it wasn’t good. But it was so nice to go in and be with her.”

Sullivan said that in their final moments together, she softly touched her daughter’s face — a face she used to paint when the young woman was a little girl.

“We have deep faith,” Jim Steinle said, adding, “Our faith isn’t to the point where we’re ready to forgive.”

 
Feds 'deported' 900,000 illegals, but they remain in U.S. | WashingtonExaminer.com


SOMEDAY IS HERE TODAY!

A NATION SURRENDERS TO LA RAZA SUPREMACY!

HOW MANY ILLEGALS WERE DEPORTED FROM YOUR COUNTY?

A county by county chart:


Perhaps because of all of these factos, a Reuters poll found that 70% of Americans, including 86% of Republicans, believe illegal immigrants "threaten traditional U.S. beliefs and customs," while 63% believe that "immigrants place a burden on the economy."


Byron York: What is the real number of illegal border crossings?

                                                                                                                                                                                  


PATRICK BUCHANAN: OBAMA’S ASSAULT  ON AMERICA BEGINS AT OUR BORDERS
 



“Yet nothing that happens on these borders imperils America so much as what is happening on our own bleeding border with Mexico.” Patrick Buchanan


JUDICIAL WATCH SOUNDS THE ALARM!

THE ILLEGALS’ CRIME TIDAL WAVE in our OPEN and UNDEFENDED BORDERS!


“In all, the newspaper identified 424 released illegal immigrants convicted of sex-related crimes in the records obtained under the lawsuit. Around half appeared in the national public sex offender registry as required by law. Of the registered sex offenders, 53 failed to re-register after ICE released them and the agency didn’t bother to follow up.” JUDICIAL WATCH


AMERICA’S THIRD-WORLD INVASION… isn’t it really ONLY about keeping wages depressed???



REALITY CHECK:

"The American Southwest seems to be slowly returning to the jurisdiction of Mexico without firing a single shot."  --- Excelsior, the national newspaper of Mexico
 
40% of Federal Criminal Cases in 2013 Were in Districts on Mexican Border


Non-deportation rate drops — to 99.2 percent

By Stephen Dinan             

Saturday, May 18, 2013

The Homeland Security Department has granted legal status to 99.2 percent of all illegal immigrants who have applied under President Obama's new non-deportation policy for young adults, according to the latest numbers released Friday.

 


 

DEPORTATION LIES: Obama’s conspiracy to surrender to our borders to Mexico as he fights for the borders of Muslim dictators over there.

http://mexicanoccupation.blogspot.com/2014/10/obamas-deporation-lies-are-they-further.html


MEX WITH 37 CRIMINAL CONVICTIONS FINALLY DEPORTED… wonder if he’s back looting already???

more at this link:


In FY 2012, ICE says it removed 409,849 illegal aliens. Fifty-five percent of them (or 225,390) were convicted criminal aliens, the largest number of criminal aliens removed in agency history, ICE said.

*

MICHELLE MALKIN: another brutal murder by another illegal criminal long on the loose in our open borders!


JUDICIAL WATCH: 165,000 MEX CRIMINALS ON THE LOSE.
IT’S ALL PART OF OBAMA’S CATCH, RELEASE, LOOT AND VOTE DEM PROGRAM!



“Until lawmakers end the catch-and-release policies of the Obama administration,” said Jessica Vaughan of the Center for Immigration Studies, “any infrastructure improvements, new strategies, and better metrics are pointless.”
MEXICO’S BIGGEST EXPORT NEXT TO DRUGS: criminals!


MORE MEX CRIMINALS RELEASED ON US BY OBAMA’S LA RAZA-CONTROLLED DHS
GUILTY! OBAMA AND THE MEXICAN CRIME TIDAL WAVE HE INVITES


BORDERS, NO E-VERIFY, NO ENFORCEMENT and NO LEGAL NEED APPLY!
 

THE REALITY OF OPEN BORDERS: The La Raza Crime Tidal Wave!

That total includes 476 illegal aliens (23%) who had re-entered the United States after previously being deported, federal officials said Monday at a joint press conference by ICE and the Department of Homeland Security.

*

Of the 2,059 criminals arrested, 1,013 -- almost half -- had been convicted of more than one crime; and 1,036 had been convicted of a felony, including voluntary manslaughter, child pornography, robbery and kidnapping.

*

Of the total 2,059 criminals arrested, 58 are known gang members or affiliates, and 89 are convicted sex offenders.

*

An additional 912 illegal aliens were arrested for multiple "significant misdemeanors," mostly repeated convictions for driving under the influence.

 
MURDERING MEXICANS

Another illegal criminal commits a brutal murder of a young woman and her young child. Still want to say Donald Trump was wrong about illegals murdering Americans.

Less than one week after 32 year old Kate Steinle was shot and killed by a 7 time illegal felon who had been deported 5 times another illegal felon commits murder.

Fragos-Ramirez-KOMO
On July 2nd, a man who was deported to Mexico last year but returned to the U.S. illegally murdered his teenage girlfriend and her 3 year old son.

25 year-old Prudencio Juan Fragos-Ramirez was charged with murdering 18 year-old Maria G. Cruiz-Calvillo and her 3 year-old son Luis F. Lopez-Cruz by first shooting them and then setting them on fire.
Cruiz-Calvillo and Luis had gunshot wounds, and according to coroner reports, the child was probably still alive when he was set him aflame. The child's fourth birthday would have been this Thursday.

- See more at:
http://truthuncensored.net/illegal-alien-murders-young-woman-and-bu...

Let us not forget 13 Americans are killed a day by Illegals and remember that next time you vote the demon democrats and Obummer did this to us ... Sold us out for future democrat votes they do not care about Americans at all
..




OBAMA'S CRONY BANKSTERS - THE LOOTING of AMERICAN CONTINUES UNIMPEDED - Top bankers’ pay rose 17 percent in 2014

Top bankers’ pay rose 17 percent in 2014


BANKSTERS J.P. MORGAN CHASE, BANK of AMERICA and
WELLS FARGO RAKED IN A TOTAL OF $1.14 BILLION FROM
OVERDRAFT FEES IN THE FIRST QUARTER, 2015 ALONE.
 
SOURCE: SNL FINANCIAL, A FINANCIAL-INFORMATION FIRM.


FRAUD for FEES

WELLS FARGO’S LOOTING OF AMERICA CONTINUES!

 
Before he won his first term, Barack Obama had already sucked up

more bribes from banksters than any president in history. His

promise to these cronies: NO JAIL, NO REAL REGULATION

AND UNLIMITED PUBLIC FUNDS TO BUY THEIR

COMPETITORS!



JUDICIAL WATCH:
 
OBAMA RANKS AS THE MOST CORRUPT PRESIDENT IN MODERN AMERICAN HISTORY

BARACK OBAMA and the DEATH of the AMERICAN MIDDLE-CLASS.



JAMIE DIMON, OBAMA PAYMASTER AND AMERICA'S BIGGEST LOOTING BANKSTER!

Top bankers’ pay rose 17 percent in 2014

By Andre Damon
4 July 2015
CEO pay at 15 of the world’s major banks shot up by 17 percent last year, according to a survey conducted by Equilar and published by the Financial Times Friday.

The typical chief executive at the banks surveyed received $14.5 million last year, up from $12.4 million in 2013. The biggest payout went to JPMorgan Chase CEO Jamie Dimon, whose compensation more than doubled, hitting $27.6 million.

The ever-growing payouts to bank executives are the outcome of the measures taken following the 2008 financial crash by the Obama administration and its counterparts around the world, which have aimed at increasing the wealth of the financial oligarchy at the expense of the working class.

The vast sums of money pocketed by bank executives are bound up with activities that range from borderline legal to flagrantly illegal. Nearly all of the CEOs included on the list head banks that have been the subject of multiple investigations and fines related to the rigging of global interest and foreign exchange rates, mortgage fraud, money laundering, tax evasion and other crimes.

Not a single leading banker in the US has been charged, much less

gone to jail, for helping cause the 2008 financial meltdown. Rather

than being broken up, the biggest banks have been allowed to

tighten their grip on the global economy, growing in size and

economic power in the aftermath of the crash.

The report of the payouts comes less than two months after the latest settlement with major global banks, in which JPMorgan Chase, Citigroup, UBS, Barclays and Royal Bank of Scotland (RBS) admitted to conspiring to rig global currency exchange rates in order to make billions of dollars at the expense of businesses and individuals around the world.

The foreign exchange rigging settlement, and the wrist-slap fines it entailed, did nothing to impact payouts to the five banks’ CEOs, all of whom were on the list of top-paid executives this year.

The list of bankers reads like a “15 Most Wanted” list, beginning with JPMorgan’s Dimon, the head of the biggest US bank. Dimon has been at the center of numerous scandals, including lying to investors and government regulators about a multibillion-dollar trading loss in 2012, rigging global interest rates and forging mortgage documents to expedite foreclosures. This is in addition to JPMorgan’s role in helping cause the 2008 financial crash by selling toxic mortgage-backed securities.

Dimon, who visited the White House six times in 2009 alone, has been referred to in the media as President Obama’s “favorite banker.”

Next on the list is Morgan Stanley CEO James P. Gorman, whose pay increased 60 percent last year, to $23.1 million. In 2012, Morgan Stanley was fined $5 million for defrauding New York State residents of some $300 million in an electricity price-fixing scheme. That same year, in addition to numerous smaller scandals, the bank paid $6.75 million to resolve charges that it carried out “fictitious sales” of securities.

Number three on the list is Lloyd Blankfein, head of Goldman Sachs. In addition to a litany of scandals, including conspiring to manipulate the prices of oil and aluminum, Goldman’s criminal activities in the run-up to the 2008 financial crisis were documented in 2011 by the report of the Senate Permanent Subcommittee on Investigations. The committee found that Goldman had placed bets against the same toxic mortgage-backed securities it was selling to investors.

Fifth on the list is Stuart Gulliver of HSBC, who received $15.6 million, up from $11.6 million the year before. In December 2012, HSBC paid $1.9 billion to US regulators after being caught laundering hundreds of millions of dollars for Mexican drug cartels. This past February, it was revealed that HSBC’s Swiss private banking business had functioned for years as an international tax evasion service, helping wealthy clients dodge taxes by handing out untaxed “bricks” of cash at its branches.

The lowest-paid executive on the Financial Times list is Ross McEwan, CEO of the Royal Bank of Scotland, who received “only” $7.4 million. RBS is 81 percent owned by the British government, meaning the majority of McEwan’s payout came out of the pockets of UK taxpayers.

It is now six years since the Obama administration appointed mediator Kenneth Feinberg as its “special master” of executive pay for companies that were bailed out by the government during the 2008 financial crisis. In the immediate aftermath of the bank bailout, Feinberg rubber-stamped multimillion-dollar bonuses to executives at firms that had received billions of dollars in bailout funds, including JPMorgan, Goldman Sachs and Citigroup.

Having performed this service for the US financial oligarchy, Feinberg was last month appointed by the Obama administration to oversee the slashing of pension benefits of retirees at multiemployer pension funds. Feinberg will be given unilateral authority to impose benefit cuts on workers who vote against proposals to slash their benefits.

In addition to direct bailouts, banks have been among the principal beneficiaries of the US Federal Reserve’s policies of near-zero interest rates and “quantitative easing,” by means of which virtually free money has been pumped into the financial system. This policy has been mirrored by central banks throughout the world.

The massive handout to the financial aristocracy has accelerated even as the banks have cut back lending for productive investment. Instead, the banks have used the cash they received at public expense to enrich their shareholders and executives through share buybacks, dividend increases and mergers and acquisitions—all entirely parasitic activities.

Rather than throwing financial criminals like Dimon and Blankfein

in jail, the Obama administration has ensured that they continue to

receive millions of dollars in pay and bonuses. These facts

demonstrate that American “democracy” is in reality a

plutocracy—the rule of the rich.

Any attempt to hold the banks and those who run them to account without challenging the capitalist system is impossible. Breaking the power of the financial oligarchy requires the complete reorganization of society on the basis of social need, not private profit.



OBAMA-CLINTONomics:

CEO PAY 300 TIMES GREATER THAN WORKERS…. AMNESTY WILL MAKE THOSE FIGURES SOAR HIGHER!

 


“Historically speaking, the rise in CEO compensation is tied to the global decline of American capitalism and the increasing financialization of the economy. In 1965 the ratio of CEO to worker pay was 20 to 1. By 1978 the ratio had only grown to 30 to 1. It was only in the 90s that CEO pay reached absurd heights, rising from 59 to 1 in 1989 to 376 to 1 in 2000.”

“In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. …While the rich also saw their wealth drop during the recession, they are more than making that money back. Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.”


OBAMA-CLINTONomics: the final death of the American middle-class



AMNESTY: IT’S ALL ABOUT KEEPING WAGES DEPRESSED.

"While it is not spelt out directly, the BIS critique of the present policies is an expression of the fact that, in the final analysis, the source of all forms of profit is the surplus value extracted from the working class. Therefore, the only way for capital to overcome its crisis and restore stability is a massive increase in exploitation."

 

While the growth of social inequality has dramatically accelerated following the 2008 crash, this is a continuation of a decades-long process. The report notes, “Top 1 percent incomes grew by 80.0% from 1993 to 2014. This implies that top 1 percent incomes captured almost 60% of the overall economic growth of real incomes per family over the period 1993-2014.”

 

In fact, the US government’s response to the 2008 crash has been dedicated to inflating the wealth of the super-rich while driving down incomes for the vast majority of the population. The White House has protected Wall Street executives from legal prosecution, while the Federal Reserve has handed out trillions of dollars in cheap money through “quantitative easing” programs, leading share values to triple on major US exchanges.

 

On Thursday, US President Barack Obama plans to unveil what he has called a major new policy initiative in a speech in La Crosse, Wisconsin. The proposal entails new federal rules that would make an additional 3 percent of the US population eligible for overtime pay. If adopted, the change would add a mere $1.3 billion to worker’s wages annually. This is a tiny fraction of the trillions of dollars that have been transferred to the financial elite since the 2008 financial crisis.


OBAMA: SERVANT OF THE 1%


Richest one percent controls nearly half of global wealth


The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.

 

 

The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.

 

OBAMA’S CRONY BANKSTERS DESTROY THE GLOBAL ECONOMY

OBAMANOMICS: The escalation of global financial parasitism



In fact, the US government’s response to the 2008 crash has been dedicated to inflating the wealth of the super-rich while driving down incomes for the vast majority of the population. The White House has protected Wall Street executives from legal prosecution, while the Federal Reserve has handed out trillions of dollars in cheap money through “quantitative easing” programs, leading share values to triple on major US exchanges.

 

OBAMAnomics:
OBAMA AND HIS WALL STREET CRONIES LOOTING AMERICA!


These are only the most striking of a barrage of numbers reported in recent weeks, demonstrating that for the US financial aristocracy, the Crash of 2008 has been used to engineer a historic redistribution of wealth.

AMERICAN BANKS and the CATASTROPHIC DEATH OF AMERICA



The 2008 crash and subsequent developments have revealed certain fundamental realities about American society. All of the official institutions, including the presidency, the courts, Congress and the financial regulators, have worked single-mindedly to shield the banks and the financial elite and enable them to grow even richer.

BIGGER PROFITS FOR HIS WALL STREET DONORS IF PENSIONS ARE SLASHED


“Feinberg, who as the Obama administration’s “pay tsar” rubber-  stamped multimillion-dollar executive bonuses to Wall Street  banks bailed out with taxpayer funds, will now be given power to slash workers’ benefits at his discretion.”

THE CRONY CLASS:

OBAMA-CLINTONomics was created by BILLARY CLINTON!

Income inequality grows FOUR TIMES FASTER under Obama than Bush.



“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”

*

“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER
 
HOW OBAMA-CLINTONomics made the
RICH much RICHER and handed us the tax
bills for their crimes and bailouts! 



"There is a populist and conservative revolt against Wall Street and financial

elites, Congress and government," Democratic pollster Stanley Greenberg

warned in an analysis this week. "Democrats and President Obama are seen as

more interested in bailing out Wall Street than helping Main Street."




HILLARY CLINTON: A dedicated disciple of OBAMANOMICS – Why else would his banksters invest so much in her???




“That her candidacy is announced without calling for any particular policies underscores the fact that the election is not about the American people deciding the course of policy, but rather the vetting of candidates to serve the interest of the financial oligarchy.”


“There is, of course, no acknowledgment that Clinton was part of an administration that oversaw and continues to oversee the greatest transfer of wealth from the bottom to “those at the top” in US history.”
   
BANKSTERS J.P. MORGAN CHASE, BANK of AMERICA and WELLS FARGO RAKED IN A TOTAL OF $1.14 BILLION FROM OVERDRAFT FEES IN THE FIRST QUARTER, 2015 ALONE.
SOURCE: SNL FINANCIAL, A FINANCIAL-INFORMATION FIRM.
 
CEO WAGES SOAR UNDER OBAMA. POVERTY FOR AMERICANS SOARS EVEN MORE!
 
THE OBAMA DOCTRINE: The Rich Must Get Richer Or Be Bailed Out by the American Middle-Class!
 
Transfer America’s economy to the richest. Destroy the American middle-class and expand Mexico’s welfare state on the backs of the American people to keep wages depressed!


Obama’s State of Delusion


22 January 2015

 

“On the other hand, every major initiative by Obama in domestic policy—the 2009 stimulus program, the 2010 health care reform legislation, the 2010 financial regulatory overhaul, countless budget deals with the congressional Republicans, right up to the executive order on immigration issued a month ago—was dictated by the needs of corporate America, and, in many cases, drafted by corporate lobbyists.”

…………. THE ENTIRE REASON BEHIND OBAMA’S AMNESTY HOAX TO LEGALIZE MEXICO’S LOOTING IS TO KEEP WAGES DEPRESSED AND BUY THE ILLEGALS’ VOTES!

“The consequences for working people—record long-term unemployment, a tidal wave of home foreclosures, the slashing of wages in basic industry, the steady decline in living standards over all—were not accidental. They were the deliberate goal of government policy, for both Democrats and Republicans, because mass suffering by the working class was required to obtain the resources needed to bail out the financial aristocracy.”



Obama’s State of Delusion


22 January 2015

 

”The delusional character of Obama’s State of the Union address on Tuesday—presenting an America of rising living standards and a booming economy, capped by his declaration that the “shadow of crisis has passed”—is perhaps matched only in its presentation by the media and supporters of the Democratic Party.”


 

“The general tone was set by the New York Times in its lead editorial on Wednesday, which described the speech as a “simple, dramatic message about economic fairness, about the fact that the well-off—the top earners, the big banks, Silicon Valley—have done just great, while middle and working classes remain dead in the water.”

 

OBAMANOMICS:

The report observes that while the wealth of the world’s 80 richest people doubled between 2009 and 2014, the wealth of the poorest half of the world’s population (3.5 billion people) was lower in 2014 than it was in 2009.


In 2010, it took 388 billionaires to match the wealth of the bottom half of the earth’s population; by 2013, the figure had fallen to just 92 billionaires. It fell to 80 in 2014.

 
THE OBAMA ASSAULT ON THE AMERICAN MIDDLE-CLASS

“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.”






"During the month, some 432,000 people in the US gave up looking for a job." EVEN AS JEB BUSH, HILLARY CLINTON and BERNIE SANDERS PREACH AMNESTY! AMNESTY! AMNESTY!

"The American phenomenon of record stock values fueling an ever greater concentration of wealth at the very top of society, while the economy is starved of productive investment, the social infrastructure crumbles, and working class living standards are driven down by entrenched unemployment, wage-cutting and government austerity policies, is part of a broader global process."


HILLARY CLINTON'S BIGGEST DONORS ARE OBAMA'S CRIMINAL CRONY

BANKSTERS!

"A defining expression of this crisis is the dominance of financial speculation and parasitism, to the point where a narrow international financial aristocracy plunders society’s resources in order to further enrich itself."

Federal Reserve documents stagnant state of US economy

Federal Reserve documents stagnant state of US economy

By Barry Grey
21 July 2015
The US Federal Reserve Board last week released its semiannual Monetary Policy Report to Congress, providing an assessment of the state of the American economy and outlining the central bank’s monetary policy going forward. The report, along with Fed Chair Janet Yellen’s testimony before both the House of Representatives and the Senate, as well as a speech by Yellen the previous week in Cleveland, present a grim picture of the reality behind the official talk of economic “recovery.”
In her prepared remarks to Congress last Wednesday and Thursday, Yellen said, “Looking forward, prospects are favorable for further improvement in the US labor market and the economy more broadly.”

She reiterated her assurances that while the Fed would likely begin to raise its benchmark federal funds interest rate later this year from the 0.0 to 0.25 percent level it has maintained since shortly after the 2008 financial crash, it would do so only slowly and gradually, keeping short-term rates well below historically normal levels for an indefinite period.

This was an expected, but nevertheless welcome, signal to the American financial elite, which has enjoyed a spectacular rise in corporate profits, stock values and personal wealth since 2009 thanks to the flood of virtually free money provided by the Fed.

"But as Yellen’s remarks and the Fed report indicate, the explosion of asset values and wealth accumulation at the very top of the economic ladder has occurred alongside an intractable and continuing slump in the real economy."

In her prepared testimony to the House Financial Services Committee and the Senate Banking Committee, Yellen noted the following features of the performance of the US economy over the first six months of 2015:

* A sharp decline in the rate of economic growth as compared to 2014, including an actual contraction in the first quarter of the year.

* A substantial slackening (19 percent) in average monthly job-creation, from 260,000 last year to 210,000 thus far in 2015.

* Declines in domestic spending and industrial production.
In her July 10 speech to the City Club of Cleveland, Yellen cited an even longer list of negative indices, including:

* Growth in real gross domestic product (GDP) since the official beginning of the recovery in June, 2009 has averaged a mere 2.25 percent per year, a full one percentage point less than the average rate over the 25 years preceding what Yellen called the “Great Recession.”
* While manufacturing employment nationwide has increased by about 850,000 since the end of 2009, there are still almost 1.5 million fewer manufacturing jobs than just before the recession.

* Real GDP and industrial production both declined in the first quarter of this year. Industrial production continued to fall in April and May.

* Residential construction (despite extremely low mortgage rates by historical standards) has remained “quote soft.”

* Productivity growth has been “weak,” largely because “Business owners and managers… have not substantially increased their capital expenditures,” and “Businesses are holding large amounts of cash on their balance sheets.”

* Reflecting the general stagnation and even slump in the real economy, core inflation rose by only 1.2 percent over the past 12 months.

The Monetary Policy Report issued by the Fed includes facts that are, if anything, even more alarming, including:

* “Labor productivity in the business sector is reported to have declined in both the fourth quarter of 2014 and the first quarter of 2015.”
* “Exports fell markedly in the first quarter, held back by lackluster growth abroad.”

* “Overall construction activity remains well below its pre-recession levels.”

* “Since the recession began, the gains in… nominal compensation [workers’ wages and benefits] have fallen well short of their pre-recession averages, and growth of real compensation has fallen short of productivity growth over much of this period.”

* “Overall business investment has turned down as investment in the energy sector has plunged. Business investment fell at an annual rate of 2 percent in first quarter… Business outlays for structures outside of the energy sector also declined in the first quarter…”

The report incorporates the Fed’s projections for US economic growth, published following the June meeting of the central bank’s policy-setting Federal Open Market Committee. They include a downward revision of the projection for 2015 to 1.8 percent-2.0 percent from the March projection of 2.3 percent to 2.7 percent.

That the US economy continues to stagnate and even contract is indicated by two surveys released last week while Yellen was testifying before Congress. The Fed reported that factory production failed to increase in June for the second straight month and output in the auto sector fell 3.7 percent. The Commerce Department reported that retail sales unexpectedly fell in June, declining by 0.3 percent.
These statistics follow the employment report for June, which showed that the share of the US working-age population either employed or actively looking for work, known as the labor force participation rate, fell to 62.6 percent, its lowest level in 38 years. During the month, some 432,000 people in the US gave up looking for a job.

The disastrous figures on business investment are perhaps the most telling indicators of the underlying crisis of the capitalist system. The Fed report attributes the sharp decline so far this year primarily to the dramatic fall in oil prices and resulting contraction in investment and construction in the energy sector. But the plunge in oil prices is itself a symptom of a general slowdown in the world economy.
Moreover, a dramatic decline in productive investment is common to all of the major industrialized economies of Europe and North America. In its World Economic Outlook of last April, the International Monetary Fund for the first time since the 2008 financial crisis acknowledged that there was no prospect for an early return to pre-recession levels of economic growth, linking this bleak prognosis to a general and pronounced decline in productive investment.

The American phenomenon of record stock values fueling an ever greater concentration of wealth at the very top of society, while the economy is starved of productive investment, the social infrastructure crumbles, and working class living standards are driven down by entrenched unemployment, wage-cutting and government austerity policies, is part of a broader global process.
The economic crisis in the US and internationally is not simply a conjunctural downturn. It is a systemic crisis of global capitalism, centered in the US. A defining expression of this crisis is the dominance of financial speculation and parasitism, to the point where a narrow international financial aristocracy plunders society’s resources in order to further enrich itself.

While the economy is starved of productive investment, entirely parasitic and socially destructive activities such as stock buybacks, dividend hikes and mergers and acquisitions return to pre-crash levels and head for new heights. US corporations have spent more on stock buybacks so far this year than on factories and equipment.
The intractable nature of this crisis, within the framework of capitalism, is underscored by the IMF’s updated World Economic Outlook, released earlier this month, which projects that 2015 will be the worst year for economic growth since the height of the recession in 2009.