Sunday, November 25, 2018

THE INVASION OF AMERICA - ANN COULTER WARNS GOP IF TRUMP DOESN'T GET IT DONE

Ann Coulter Warns of Future GOP Election Losses if Trump Doesn’t Fulfill Immigration Promises


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Saturday on Fox News Channel’s “Justice,” conservative commentator Ann Coulter, author of “Resistance Is Futile! How the Trump-Hating Left Lost Its Collective Mind,” warned that if President Donald Trump failed to fulfill his election promises and get a handle on immigration, it will impact on the Republican Party’s ability to win elections in the future.
Host Jeanine Pirro asked Coulter if some of the promises Trump had made on immigration were really going to happen. Coulter replied by saying it better or Texas and Florida may flip Democrat and limit the GOP’s ability to win future presidential elections.
“He says a lot of great things and he better start following through because, I mean, one of the things you were saying about Hillary, and I think all of us have been sorting of sitting back hoping she would run again,” Coulter said. “But, I mean consider that in Texas alone — look at how close those last two elections were — in Texas and Florida. If either of those ever flip, no Republican ever gets elected president again. Three out of four Hispanics in Texas are under the age of 18. So, each day Trump doesn’t fulfill the immigration promises — his voters are dying off and Democratic voters, Hillary’s voters are registering to vote. So, I hope he keeps his promise. This is why we wanted a wall.”
Follow Jeff Poor on Twitter @jeff_poor

Poll: Immigration Up Sharply as No. 1 Problem in U.S.A.



By Michael W. Chapman | November 21, 2018 | 1:46 PM EST


(Gety Images)
(CNSNews.com) -- A new survey shows that Americans view "immigration/illegal aliens" as the number one problem facing the United States this month. It was cited by 21% of Americans as the most important problem and this percentage is up from 13% in October, an increase of 8 percentage points.
In the survey, Gallup asked Americans to mention the problems they view as most important. Gallup reported the answers for problems  cited by at least 3% of respondents.
At the top of the list was "immigration/illegal aliens" at 21%. 

(Gallup)
"Dissatisfaction with government/Poor leadership" came in second at 18%.
"Healthcare" was third at 11% and "unifying the country" was tied at fourth and fifth with "Race relations/Racism," both at 9%.
"Unemployment/jobs" was at the bottom of the list, tied with "Education," at 3%.
Neither climate change nor gun control made the list.
"Americans are more likely to name immigration as the top problem facing the U.S. in November than they were in October -- it surged to 21% from 13%," said Gallup. "Mentions of healthcare as the most pressing issue also increased, from 6% last month to the current 11%."
"The current 21% who cite immigration or illegal aliens is about as high as the record 22% Gallup recorded in July," reported Gallup.  "The issue's move to the top of the list comes after a large group of Central American immigrants, widely described in the media as a caravan, formed last month with intentions of crossing the U.S. border."

(YouTube)
"It became politicized by President Donald Trump, who declared the caravan a 'national emergency' and sent 5,000 troops to the border to try to prevent illegal entries," said the survey firm. 
Gallup further reported, "Currently, 35% of Americans are satisfied with the way things are going in the U.S. -- consistent with the 33% to 38% range for this issue since May. Twin 38% readings, recorded in June and October, marked a 12-year high for the measure."
Gallup conducted its survey Nov. 1-11, prior to and after the Nov. 6 midterm elections.


Why Hillary and Her Wall Street Donors Don’t Want Trump’s Wall


"Hillary and her party supporters desperately need illegal immigrants: Hillary is bought and paid for."  Michael Bargo, Jr.

"But what the Clintons do is criminal because they do it wholly at the expense of the American people. And they feel thoroughly entitled to do it: gain power, use it to enrich themselves and their friends. They are amoral, immoral, and venal. Hillary has no core beliefs beyond power and money. That should be clear to every person on the planet by now."  ----  Patricia McCarthy - AMERICANTHINKER.com

‘The Left Case Against Open Borders’: Liberal Author Pans ‘Useful Idiots of Big Business’



Supporters of immigrants' rights march in downtown Washington during an immigration protest Thursday, Feb. 16, 2017, in Washington. Immigrants around the U.S. stayed home from work and school Thursday to demonstrate how important they are to America's economy, and many businesses closed in solidarity, in a nationwide protest called A …
AP Photo/Jose Luis Magana
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Progressives’ enthusiastic support for mass immigration has converted them into “useful idiots” for the nation’s business elites, says a left-wing writer.
Irish author Angela Nagle writes:
Today’s well-intentioned activists have become the useful idiots of big business. With their adoption of “open borders” advocacy—and a fierce moral absolutism that regards any limit to migration as an unspeakable evil—any criticism of the exploitative system of mass migration is effectively dismissed as blasphemy. Even solidly leftist politicians, like Bernie Sanders in the United States and Jeremy Corbyn in the United Kingdom, are accused of “nativism” by critics if they recognize the legitimacy of borders or migration restriction at any point. This open borders radicalism ultimately benefits the elites within the most powerful countries in the world, further disempowers organized labor, robs the developing world of desperately needed professionals, and turns workers against workers.
Nagle also argues that mass immigration operates extracts human talent from developing societies for the benefit of wealthy, comfortable U.S. elites:
Advocates of open borders often overlook the costs of mass migration for developing countries. Indeed, globalization often creates a vicious cycle: liberalized trade policies destroy a region’s economy, which in turn leads to mass emigration from that area, further eroding the potential of the origin country while depressing wages for the lowest paid workers in the destination country. One of the major causes of labor migration from Mexico to the United States has been the economic and social devastation caused by the North American Free Trade Agreement (nafta). Nafta forced Mexican farmers to compete with U.S. agriculture, with disastrous consequences for Mexico. Mexican imports doubled, and Mexico lost thousands of pig farms and corn growers to U.S. competition. When coffee prices fell below the cost of production, nafta prohibited state intervention to keep growers afloat. Additionally, U.S. companies were allowed to buy infrastructure in Mexico, including, for example, the country’s main north-south rail line. The railroad then discontinued passenger service, resulting in the decimation of the rail workforce after a wildcat strike was crushed. By 2002, Mexican wages had dropped by 22 percent, even though worker productivity increased by 45 percent.7 In regions like Oaxaca, emigration devastated local economies and communities, as men emigrated to work in America’s farm labor force and slaughterhouses, leaving behind women, children, and the elderly.
Left-wing servants of business elites spray claims of racism on the public to suppress their rational and reasonable opposition to immigration exploitation, Nagle argues:
The immigration expansionists have two key weapons. One is the big business and financial interests all working on their side, but an equally powerful weapon—wielded more expertly by the left-leaning immigration expansionists—is moral blackmail and public shame. People are right to see the mistreatment of migrants as morally wrong. Many people are concerned about the growth of racism and callousness toward minorities that often accompanies anti-immigration sentiment. But the open borders position does not even live up to its own professed moral code.
The tacit alliance of the wealthy against the middle prompt some invective by the Irish author;
In the wealthiest nations, open borders advocacy seems to function as a fanatical cult among true believers—a product of big business and free market lobbying is carried along by a larger group of the urban creative, tech, media, and knowledge economy class, who are serving their own objective class interests by keeping their transient lifestyles cheap and their careers intact as they parrot the institutional ideology of their industries. The truth is that mass migration is a tragedy, and upper-middle-class moralizing about it is a farce. Perhaps the ultra-wealthy can afford to live in the borderless world they aggressively advocate for, but most people need—and want—a coherent, sovereign political body to defend their rights as citizens.
Read it all here.
The establishment’s economic policy of using migration to boost economic growth shifts wealth from young people towards older people by flooding the market with cheap white-collar and blue-collar foreign labor. That flood of outside labor spikes profits and Wall Street values by cutting salaries for manual and skilled labor offered by blue-collar and white-collar employees.
The policy also drives up real estate prices, widens wealth-gaps, reduces high-tech investment, increases state and local tax burdens, hurts kids’ schools and college education, pushes Americans away from high-tech careers, and sidelines at least five million marginalized Americans and their families, including many who are now struggling with opioid addictions.
Immigration also pulls investment and wealth away from heartland states because coastal investors can more easily hire and supervise the large immigrant populations living in the coastal states.

 Despite a relatively good economy, local food pantries are seeing a double-digit increase in the number of hungry residents. Des Moines [Iowa] pantries normally expect about a 3.5 percent increase each month, compared to the previous year. But for the last six months, that increase has more than tripled in the metro area, said Rev. Sarai Schnucker Rice, executive director of the Des Moines Area Religious Council, which oversees the network of 14 local pantries. (Des Moines Register)




That the Democrat Party is now the party of the rich is 



increasingly seen in its candidates. Forget the occasional 



Ocasio-Cortez. A Democrat candidate is more likely to be 


someone like Illinois’ new governor, J.B. Pritzer, who 

promises to complete Illinois’ financial collapse with single-

payer insurance and a progressive income tax, promising to 




A series of recent polls in the US and Europe have shown a sharp 

growth of popular disgust with capitalism and support for 

socialism. In May of 2017, in a survey conducted by the Union of 

European Broadcasters of people aged 18 to 35, more than half 

said they would participate in a “large-scale uprising.” Nine out of 

10 agreed with the statement, “Banks and money rule the world.”



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.




American Reality
In an effort to give a livelier and more in-depth picture of modern life, American novelists such as John Dos Passos—The 42nd Parallel (1930), 1919 (1932) and The Big Money (1936)—introduced “newsreel” sections including headlines, advertisements and popular songs. We hope the following selections will provide some sense of American reality on Thanksgiving Day 2018.
— There arent many downsides to Americas humming economy.  (Wall Street Journal)
 On his days off from his $7.50-an-hour job as a cook at the Chicken Hut restaurant in Riverdale, Ga. [Georgia] , Laugudria Screven Jr., 23, travels more than 25 miles across Atlanta to sell plasma. By offering up his arm to a technicians needle twice a week at $50 a shot, he scrapes together enough to pay his $360 rent.
Yet donating plasma takes a toll on Screvens body, leaving him drowsy and weak. And even with the extra income, he says he sometimes cant afford to eat more than once a day. Often he comes home to a refrigerator that contains little more than mustard, ketchup and peanut butter.
“‘I sell my blood to pay my bills, he said, rubbing his arm as he waited for a bus in East Point, Ga. Its kind of messed up. If I were paid a fair wage, I wouldnt have to go through this.’” (Los Angeles Times)
— Set on 40 acres in Newport, Rhode Island, Castle Hill Inn, a Relais & Châteaux property, provides guests with a classic New England Thanksgiving. Chef Lou Rossi—an alum of NYCs three-Michelin-starred Per Se—showcases the local harvest with appetizers like Native littleneck clams, Matunuck oysters and chilled white shrimp, plus herb roasted Helgers Farm turkey with sage gravy and cranberry sauce, and a selection of pies, pastries and tarts. The hotel also features a spa, the Retreat at Castle Hill by Farmaesthetics, and has a selection of romantic and rustic rooms and cottages available by the beach, overlooking the harbor, and on its namesake hill. [A room in the Superior Beach House is $1,091.45 a night including taxes and fees.] (Town & Country)
 Hundreds of people in need lined Bleecker Street in downtown Utica[New York] to receive a free Thanksgiving day meal to make with their families. … This year roughly 700 meals were donated, an increase of about 200 from last year. In Utica 1 in 3 people are living in poverty, according to DataUSA. (WKTV )
 Despite a relatively good economy, local food pantries are seeing a double-digit increase in the number of hungry residents. Des Moines [Iowa] pantries normally expect about a 3.5 percent increase each month, compared to the previous year. But for the last six months, that increase has more than tripled in the metro area, said Rev. Sarai Schnucker Rice, executive director of the Des Moines Area Religious Council, which oversees the network of 14 local pantries. (Des Moines Register)
 Though major cities, such as Dayton [Ohio], are often thought of as having the most households facing hardship, several of the Gem Citys suburbs actually rival it. Thousands of families around the Miami Valley are not necessarily in poverty but are still struggling to get by financially, according to the United Way report. (Dayton Daily News)
 Three dynastic wealth families—the Waltons, the Kochs, and the Mars—have seen their wealth increase nearly 6,000 percent since 1982. Meanwhile, median household wealth over the same period went down by 3 percent. …
The median family in the United States owns just over $80,000 in household wealth. The richest person in the United States (and the world), Jeff Bezos, has accumulated a fortune nearly 2 million times that amount. The Bezos fortune expanded by $78.5 billion just in the last year to $160 billion. Even at the recently increased wage of $15/hour, a full-time Amazon worker would need to toil for 2.5 million years to generate this much money. (Institute for Policy Studies)
 Gone are lucrative manufacturing positions [in Indianapolis, Indiana]that could elevate a family into the middle class, even without higher education. Those jobs were in city neighborhoods. They offered salaries high enough to pay for homes, send kids to college, and build up savings accounts. And there were tons of them. At their peaks, the General Motors stamping plant employed 5,600 people, Western Electric had 8,000 workers, and RCA had 8,200.
But today, scattered brownfields—some with crumbling buildings, some vacant lots—are the only remnants of those once-bustling factories. …
Stefanie Bell and Steven Pedrazoli—and their 8-year-old son, Chance—are living that new reality. Both parents have regularly worked, but the family is homeless. Theyve been living since April at Dayspring Center at 1537 Central Ave.
Bell, 37, a server, has uncertain wages because she relies on tips and a $2.13 hourly wage that barely covers taxes. During some shifts, the money at Primanti Bros. restaurant downtown is good. During others, factoring in $3.50 for a round-trip IndyGo bus fare, its barely worth showing up. The night before meeting with IBJ, Bell made just $30 in tips, despite working 5 p.m. to close. (Indianapolis Business Journal)
 There are a lot of things in life you might expect to cost $150,000—just probably not a Thanksgiving dinner. And yet, thats exactly what Old Homestead, a New York City steakhouse, is offering this year with what it bills as the most expensive Thanksgiving dinner in history, topping the record set by the $76,000 dinner the restaurant offered last year.
This years dinner, which at a total price of $150,000 is nearly three times more than the average U.S. household income, comes complete with all of the worlds finest ingredients, as well as keys to a 2018 Maserati Levante nestled inside a $135-per-pound free-range, organic turkey sprinkled with gold flakes.” (Yahoo Finance)
 Near where he slept on a Salinas [California] sidewalk Monday night, David Rodriguez, 39, regularly gets meals at Dorothys Kitchen in Salinas Chinatown. He has not gone to the nonprofits Thanksgiving festivity before, but he plans on going for the first time Thursday.
Born and raised in the Salinas Valley, Rodriguez grew up going to his grandmothers for Thanksgiving. Homeless since 2012, Rodriguez said he considers many others in Chinatown—a neighborhood often synonymous with poverty—like his family. The opportunity to share his childhood tradition with his new family would mean a lot to him, he said.(The Californian)
 The 8th Annual Readers Choice Survey from Business Jet Travelerprovides an interesting look into why people fly privately, what they want in their private jets, where they are going, who they fly with, their favorite aircraft and more. … First some good news. If flying privately and planning to fly privately are signs of a strong economy, readers are quite optimistic. While 45% of respondents said they flew about the same amount as the previous year, 22% said they flew more and 8% said they flew much more, compared to 14% who flew a bit less and 12% who flew much less. Looking ahead, 44% of the magazines readers said they will fly about the same during the next 12 months, 34% said they will fly a bit more and 11% will fly much more, compared to just 11% who predict they will fly less. (Forbes)
 Last August, Destini Johnson practically danced out of jail, after landing there for two months on drug charges. She bubbled with excitement about her new freedom and returning home to her parents in Muncie, Ind. She even talked about plans to find a job.
Eight months later, Johnson, 27, lay in a coma, silent except for the beeping of machines. She looked small and pale, buried in a tangle of hospital bedsheets and tubes, after suffering a dozen or so strokes as a result of her latest opioid overdose.
Her mother, Katiena Johnson, kept vigil at the intensive care unit at Ball Memorial Hospital in Muncie every day, fretting not only about whether her daughter would live, or how much brain damage shed suffered, but also how to pay for the myriad costs resulting from the latest harrowing chapter of Destinis opioid addiction. Katiena Johnson says her daughter is regaining consciousness and is out of the ICU. (NPR)
 We are especially reminded on Thanksgiving of how the virtue of gratitude enables us to recognize, even in adverse situations, the love of God in every person, every creature, and throughout nature. Let us be mindful of the reasons we are grateful for our lives, for those around us, and for our communities. We also commit to treating all with charity and mutual respect, spreading the spirit of Thanksgiving throughout our country and across the world. (Donald J. Trumps Presidential Proclamation on Thanksgiving Day,November 20, 2018)
 MAKE AMERICA GREAT AGAIN! AMERICA FIRST! …
There are a lot of CRIMINALS in the [immigrant] Caravan. We will stop them. Catch and Detain! Judicial Activism, by people who know nothing about security and the safety of our citizens, is putting our country in great danger. Not good! (Donald J. Trumps tweets, November 21)
 Some vehicles made it out in time the day the Camp Fire [in northern California] ignited. Others became grenades after being hit by flaming embers. The worst of it may have happened in a town called Paradise, approximate population 26,000. I was driving down Neal Road, and the houses by the horse stables were already on fire—the side of the road was on fire as we were driving through, said David Cuen, a Paradise resident who I met at a tent encampment of Camp Fire survivors in a Walmart parking lot in Chico. Neal Road is one of only three roads from Paradise with access to Highway 99. It was one of the few ways out: I look in my rear-view mirror, count back 10 cars, and the 10th or 15th car, it blew up. The flames had overwhelmed all the cars by it. And the cops were making people get in cars that had room. So, youre talking four to five people in each car. Cuen spent the week after escaping the fire sharing a tent with his wife and her family. (Slate)
* * * * *
Vast popular hardship and suffering, on the one hand, and almost indescribable wealth and social indifference, on the other. Two parties of the corporate oligarchy, dedicated to war and political reaction. The impossible economic and political conditions must produce sooner rather than later the greatest social upheavals in American history.







AMERICA UNRAVELS:

Millions of children go hungry as the super- rich gorge themselves and ILLEGALS SUCK IN BILLIONS IN WELFARE!

"The top 10 percent of Americans now own roughly three-quarters of all household wealth."

http://mexicanoccupation.blogspot.com/2017/08/america-unravels-millions-of-children.html

"While telling workers there is “not enough money” for wage increases, or to fund social programs, both parties hailed the recent construction of the U.S.S. Gerald Ford, a massive aircraft carrier that cost $13 billion to build, stuffing the pockets of numerous contractors and war profiteers."

Democrat Corruption is a Clear and Present Danger to America




On November 6, it seemed the Republicans might hold their majority in the Senate and in the House.  Sadly, they lost their majority in the House. The mystery is why so many Democrat candidates who are so obviously ethically challenged won in races that should not have even been close.  
How and why do Democrats continue to vote for unqualified, dishonest candidates?  Elizabeth Warren is a proven liar, a cheat who claimed Native American heritage in order to get a job at Harvard.  Her baby, the Consumer Financial Protection Bureau, was her plan to wield control over all bank and non-bank institutions without Congressional interference. In short, she is a hard-left socialist who means to control how Americans earn, spend and borrow money, how they use their savings.  Warren is a blight on the Constitution and the guaranteed freedoms of US citizens. She is an advance operative for the socialist America the left envisions.  
Andrew Gillum, the left's choice to be Governor of Florida, is the failed mayor of Tallahassee.  He remains under FBI investigation for corruption.  Given the information about that investigation that has been released, he appears yet another greedy and corrupt Democrat pol in the Hillary Clinton mold.  The stability of Tallahassee declined catastrophically under his leadership;  crime and murder rose drastically.  
Gillum sold out his city for money, and cries racism when confronted with his crimes.  He should never have been the candidate for the Governor of Florida but the left cares only about race and power, not ethics or honor.  For progressives, race trumps everything else, even character.  If Gillum wins after the cheating Broward County is infamous for, Florida will suffer the slings and arrows that are inevitable under politicians like Gillum.  Why was this race even close?  Have half the nation's voters scuttled any semblance of  traditional values in order to win?  Yes.
Then there is Robert Menendez, the credibly accused pedophile senator of New Jersey.  He should be in prison but was saved by one juror in his corruption trial with whom he partied after his win on November 6.  Who votes for a man like this?  There is plenty of proof that he took bribes from a wealthy client for numerous favors, trips to  the Dominican Republic for sex with underage girls being one of them.  But New Jersey just re-elected this man.  They too have lost all sense of right vs. wrong.
Stacey Abrams, the still grasping gubernatorial contender in Georgia,  is a hard-left, anti-capitalist, anti-Second Amendment candidate.  She owes about $200K in credit card debt and wants to run Georgia?  She too is corrupt and incompetent.  She is also willing to cheat to win. Are Georgians ignorant of her many, many negatives? If they are, they voted for her anyway.  Again, skin color trumps everything.    
The left ignores fine men like John James, who ran for the House in Michigan against Debbie Stabenow.   The left  ignored Eddie Edwards who ran in New Hampshire.  Both men  are conservative African Americans.  The American left today pretends such candidates do not exist.  They have ignored fine people like James and Edwards as they have always ignored brilliant men like Thomas Sowell, Shelby Steele, Walter Williams, Jason Riley, and Larry Elder.  They revile the brilliant Clarence Thomas.  They don't like to be reminded of men like Frederick Douglass or Booker T. Washington.  Neither of them, like Sowell, Steele, Williams and Elder ever promoted the idea that African Americans were or would be perennial victims.  Each of them advocated for quite the opposite, for self-reliance and independence. 
This notion of personal responsibility is anathema to today's left; they need and promote subservience and dependency among their flock of reliable but uninformed voters.  This is why they encourage the immigration of so many millions of illegal migrants. They assume they will be able to win for them the right to vote.  Judging by the number of them who likely voted in the midterms, their plan is succeeding.  
This is how they will destroy America  from within.  The leftist billionaires who orchestrate these plans are extravagantly wealthy. Those tasked with representing us in Congress will never be exposed to  the downside of the invasion of millions of migrants, the crime or the  financial burden.  They have nothing but contempt for those of us who must endure the consequences of our communities being intruded upon by gang members, drug dealers and human traffickers.  These people have no intention of becoming Americans; like the Democrats who welcome them, they have contempt for us. 
Then there is Alexandria Ocasio-Cortez, the thoroughly-ignorant-of-everything candidate who won her district  by 80%!  This young woman knows nothing about how any government works, let alone ours.  She is hopelessly uniformed; she knows even less about US history or the Constitution.  She is clueless about the economy.  When asked how she would pay for all the give-away programs she touts, she replied that that was  a "puzzling question"!  "You just pay for it"  she answers.  She has no idea; no idea about anything.  She thinks she will be "inaugurated" to the House!  Most fourth graders know more than she does about US history.   And yet she is already thinking about running for President!  This is a wholesale  indictment of our politicized, dumbed-down system of education.  Many of her constituents are immigrants; we are obviously not educating them at all.  They voted for all the free stuff -- college, medical care, basic income, housing,  that Ocasio-Cortez has promised to deliver.  This is what socialist Democrats dream about:  perpetual power over a populace too ignorant to rebel.  American as founded is at grave risk. 
In addition to ODasio-Cortez, Gillum, Ilhan OmarAbramsSinema, who very likely cheated to take  the Arizona Senate seat,  there is Linda Sanchez.  Kirsten Gillibrand is a Hillary clone; she only cares about her own political power. She speaks like a small child but is also considering a run for the presidency.  She was best pals with Bill Clinton and Harvey Weinstein until they were politically inconvenient.  Amy Klobuchar, who embraced the vicious and obviously false allegations against Judge Kavanagh, was re-elected!  Like every other Democrat member of the judiciary committee, she knew those accusations were false, without a shred of corroboration, but her constituents re-elected her!  Who are these voters?  How do they reconcile voting for people willing to destroy a fine man for political purposes?  She is exactly who every Democrat member of that committee is, who every member of the Democrat Party is:  nothing more than power-hungry political operatives out to ruin any and all opponents by any means necessary.   They are a clear and present danger to American as founded. 
Young people are no longer taught the truth of American history.  They are not taught the truth of the Holocaust.  Anti-Semitism is acceptable, even promoted,  by the Democrats.  They embrace Linda Sarsour and Louis Farrakhan without shame.  Young people don't know that communism killed over a hundred million people in the twentieth century.  Their calculated-by-leftists  ignorance is destroying our country. They try to sell the idea that gender is not a factor of biology!  They attempt to convince young people that climate change is man-made (a travesty) and that global warming causes wild fires (a lie).  Having control over academia, they have willfully brainwashed students for nearly two generations.  Unless your children are a strong-willed, independent thinkers, do not send them to college! 
How and why the American left has devolved into the kind of party one finds in a banana republic is a mystery.  That our media is so anxious to promote their corrupt candidates and the low-brow tactics they employ is a tragedy. Do they do it because they can no longer win by promulgating their Orwellian vision of a socialist state, mandated equality of outcome?  Perhaps.  They will never sell socialism to enough sentient Americans to win.  They need millions of uninformed voters to succeed.  
We must not let them cheat their way to power over the rest of us.  Their ongoing vote fraud must be stopped and the Democrats need to take a look at themselves and at what they have become. It's not a pretty picture.  What they have become threatens to destroy the greatest nation on the planet and they are doing it on purpose.  They have nothing but contempt for the US as founded and for those of us who love this country.

Record high income in 2017 for top one percent of wage earners in US

In 2017, the top one percent of US wage earners received their highest paychecks ever, according to a report by the Economic Policy Institute (EPI).
Based on newly released data from the Social Security Administration, the EPI shows that the top one percent of the population saw their paychecks increase by 3.7 percent in 2017—a rate nearly quadruple the bottom 90 percent of the population. The growth was driven by the top 0.1 percent, which includes many CEOs and corporate executives, whose pay increased eight percent and averaged $2,757,000 last year.
The EPI report is only the latest exposure of the gaping inequality between the vast majority of the population and the modern-day aristocracy that rules over them.
The EPI shows that the bottom 90 percent of wage earners have increased their pay by 22.2 percent between 1979 and 2017. Today, this bottom 90 percent makes an average of just $36,182 a year, which is eaten up by the cost of housing and the growing burden of education, health care, and retirement.
Meanwhile, the top one percent has increased its wages by 157 percent during this same period, a rate seven times faster than the other group. This top segment makes an average of $718,766 a year. Those in-between, the 90th to 99th percentile, have increased their wages by 57.4 percent. They now make an average of $152,476 a year—more than four times the bottom 90 percent.
Graph from the Economic Policy Institute
Decades of decaying capitalism have led to this accelerating divide. While the rich accumulate wealth with no restriction, workers’ wages and benefits have been under increasing attack. In 1979, 90 percent of the population took in 70 percent of the nation’s income. But, by 2017, that fell to only 61 percent.
Even more, while the bottom 90 percent of the population may take in 61 percent of the wages, large sections of the workforce today barely pull in any income at all. For example, Social Security Administration data found that the bottom 54 percent of wage earners in the United States, 89.5 million people, make an average of just $15,100 a year. This 54 percent of the population earns only 17 percent of all wages paid in America.
However unequal, these wage inequalities still do not fully present the divide between rich and poor. The ultra-wealthy derive their wealth not primarily from wages, but from assets and equities—principally from the stock market. While the bottom 90 percent of the population made 61 percent of the wages in 2017, they owned even less, just 27 percent of the wealth (according to the World Inequality Report 2018 by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman).
The massive increase in the value of the stock market, which only a small segment of the population participates in, means that the top 10 percent of the population controls 73 percent of all wealth in the United States. Just three men—Jeff Bezos, Warren Buffet and Bill Gates—had more wealth than the bottom half of America combined last year.
Wages are so low in the United States that roughly half of the population falls deeper into debt every year. A Reuters report from July found that the pretax net income (that is, income minus expense) of the bottom 40 percent of the population was an average of negative $11,660. Even the middle quintile of the population, the 40th to 60th percentile, breaks even with an average of only $2,836 a year.
As the Social Security Administration numbers show, 67.4 percent of the population made less than the average wage, $48,250 a year in 2017, a sum that is inadequate to support a family in many cities—especially, with high housing costs, health care, education, and retirement factored in.
For the ruling class, though, workers’ wages are already too much. The volatility of the stock market and the deep fear that the current bull market will collapse has made politicians and businessmen anxious of any sign of wage increases.
In August, wages in the US rose just 0.2 percent above the inflation rate, the highest in nine years. Though the increase was tiny, it was enough to encourage the Federal Reserve to increase the interest rate past two percent for the first time since 2008. Raising interest rates helps to depress workers’ wages by lowering borrowing and spending. As the Financial Times noted, stopping wage growth was “central” to the Federal Reserve’s move.
Further analysis of the Social Security Administration data shows that in 2017, 147,754 people reported wages of 1 million dollars or more—roughly, the top 0.05 percent. Their combined total income of $372 billion could pay for the US federal education budget five times over.
These wages, however large, still pale in comparison to the money the ultra-rich acquire from the stock market. For example, share buybacks and dividend payments, a way of funneling money to shareholders, will eclipse $1 trillion this year.
Whatever the immediate source, the wealth of the rich derives from the great mass of people who do the actual work. Across the United States and around the world, workers, young people, and students have entered into struggle this year over pay, education, health care, immigration, war and democratic rights. This growing movement of the working class must set as its aim confiscating the wealth and power of this tiny parasitic oligarchy. Society’s wealth must be democratically controlled by those who produce it.

THE STAGGERING ECONOMIC INEQUALITY UNDER OBAMA'S ADMINISTRATION SERVING THE BILLIONAIRE CLASS.

THE ENTIRE REASON BEHIND AMNESTY IS TO KEEP WAGES DEPRESSED AND PASS ALONG THE REAL COST OF "CHEAP" MEXICAN LABOR TO THE AMERICAN MIDDLE CLASS.

AND IT'S WORKING!


SEN. BERNIE SANDERS

“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

YOU THOUGHT OBAMA INVITED OBAMANOMICS and started the assault on the American middle-class?
NOPE!

“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.”



Clinton Foundation Put On Watch List Of Suspicious ‘Charities’






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.

Millionaires projected to own 46 percent of global private wealth by 2019

By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).

This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.

At the end of 2014, millionaire households 

owned about 41 percent of global private 

wealth, according to BCG. This means that 

collectively these 17 million households 

owned roughly $67.24 trillion in liquid assets, 

or about $4 million per household.

In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.

This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.

While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.

In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.

Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.

Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.

The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.

An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
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.

As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”

Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.

The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”


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.



HILLARY CLINTON: CRONY CLASS’  “Hope and Change” huckster’s successor!

“I serve Obama’s cronies first, illegals second and together we will loot the American middle-class to double our figures. It’s called BAILOUTS! Evita Peron Clinton



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.


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


OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM

The corporate cash hoard has likewise reached a new record, hitting an estimated $1.79 trillion in the fourth quarter of last year, up from $1.77 trillion in the previous quarter. Instead of investing the money, however, companies are using it to buy back their own stock and pay out record dividends.

Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.




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


WHO REALLY PAYS FOR THE CRIMES OF OBAMA’S CRONY DONORS???
LAST WEEK BARACK OBAMA CELEBRATED FIVE YEARS OF THE LOOTING BY HIS WALL STREET BANKSTERS… now it’s back to cutting social programs to pay for all that rape by the 1% he represents. The following week it will be back to the AMNESTY HOAX to legalize Mexico’s looting of America and make it legal that Mexicans get our jobs first… they already do!
As in previous budget crises under the Obama administration, the events are being stage-managed by the two corporate-controlled parties to give the illusion of partisan gridlock and confrontation over principles—in this case, whether to go forward with the implementation of the Obama health care program—while behind the scenes all factions within the ruling elite agree that massive cuts must be carried through in basic federal social programs.

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

GET THIS BOOK
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.

PATRICK BUCHANAN 
After Obama has completely destroyed the American economy, handed millions of jobs to illegals and billions of dollars in welfare to illegals…. BUT WHAT COMES NEXT?


OBAMANOMICS: IS IT WORKING???

Millionaires projected to own 46 percent of global private wealth by 2019

By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.

At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.

In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.

This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.

While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.

In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.

Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.

Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.

The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.

An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.

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.

As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”

Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.

The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”

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

OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM

The corporate cash hoard has likewise reached a new record, hitting an estimated $1.79 trillion in the fourth quarter of last year, up from $1.77 trillion in the previous quarter. Instead of investing the money, however, companies are using it to buy back their own stock and pay out record dividends.

Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.





POLL: MOST INCOMPETENT AND DISHONEST PRESIDENT SINCE…. Well, isn’t Obama merely Bush’s THIRD and FOURTH TERMS??




OBAMA’S CRONY CAPITALISM

A NATION RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS



PATRICK BUCHANAN

After Obama has completely destroyed the American economy, handed millions of jobs to illegals and billions of dollars in welfare to illegals…. BUT WHAT COMES NEXT?





OBAMANOMICS: IS IT WORKING???

Millionaires projected to own 46 percent of global private wealth by 2019

By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.

At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.

In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.

This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.

While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.

In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.

Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.

Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.

The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.

An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.

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.

As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”

Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.

The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”


OBAMA-CLINTONomics: the never end war on the American middle-class. But we still get the tax bills for the looting of their Wall Street cronies and their bailouts and billions for Mexico’s welfare state in our borders.

While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.

                                                                                                     




In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.


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.





INCOME PLUMMETS UNDER OBAMA AND HIS WALL STREET CRONIES

collapse of household income in the US… STILL BILLIONS IN WELFARE HANDED TO ILLEGALS… they already get our jobs and are voting for more!


INCOME PLUMMETS UNDER OBAMA… most jobs go to illegals.

AS HIS CRONY BANKSTERS CONTINUE TO LOOT, INCOMES PLUMMET FOR AMERICANS (LEGALS).

GOOD TIME FOR AMNESTY FOR MILLIONS OF LOOTING MEXICANS?

MORE HERE:

http://mexicanoccupation.blogspot.com/2014/09/and-still-democrat-party-wants-millions.html

“The yearly income of a typical US household dropped by a massive 12 percent, or $6,400, in the six years between 2007 and 2013. This is just one of the findings of the 2013 Federal Reserve Survey of Consumer Finances released Thursday, which documents a sharp decline in working class living standards and a further concentration of wealth in the hands of the rich and the super-rich.”
  
"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.




"A series of recent polls in the US and Europe have shown a sharp growth of popular disgust with capitalism and support for socialism. In May of 2017, in a survey conducted by the Union of European Broadcasters of people aged 18 to 35, more than half said they would participate in a “large-scale uprising.” Nine out of 10 agreed with the statement, “Banks and money rule the world.”



"The ruling class was particularly terrified by the teachers’ 

walkouts earlier this year because the biggest strikes were 

organized by rank-and-file educators in a rebellion against the 

unions, reflecting the weakening grip of the pro-corporate 

organizations that have suppressed the class struggle for 

decades."

“The yearly income of a typical US household dropped by a 

massive 12 percent, or $6,400, in the six years between 2007 and 

2013. This is just one of the findings of the 2013 Federal Reserve 

Survey of Consumer Finances released Thursday, which documents

a sharp decline in working class living standards and a further 

concentration of wealth in the hands of the rich and the super-rich.”

"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."

"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."

White House report on socialism

The specter of Marx haunts the 


American ruling class

6 November 2018
Last month, the Council of Economic Advisers, an agency of the Trump White House, released an extraordinary report titled “The Opportunity Costs of Socialism.” The report begins with the statement: “Coincident with the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American political discourse. Detailed policy proposals from self-declared socialists are gaining support in Congress and among much of the younger electorate.”

The very fact that the US government 
officially acknowledges a growth of popular 
support for socialism, particularly among the 
nation’s youth, testifies to vast changes taking
place in the political consciousness of the 
working class and the terror this is striking 
within the ruling elite. America is, after all, a 
country where anti-communism was for the 
greater part of a century a state-sponsored 
secular religion. No ruling class has so 
ruthlessly sought to exclude socialist politics 
from political discourse as the American ruling
class.

The 70-page document is itself an inane right-wing screed. It seeks to discredit socialism by identifying it with capitalist countries such as Venezuela that have expanded state ownership of parts of the economy while protecting private ownership of the banks, and, with the post-2008 collapse of oil and other commodity prices, increasingly attacked the living standards of the working class.

It identifies socialism with proposals for mild social reform such as “Medicare for all,” raised and increasingly abandoned by a section of the Democratic Party. It cites Milton Friedman and Margaret Thatcher to promote the virtues of “economic freedom,” i.e., the unrestrained operation of the capitalist market, and to denounce all social reforms, business regulations, tax increases or anything else that impinges on the oligarchy’s self-enrichment.

The report’s arguments and themes find expression in the fascistic campaign speeches of Donald Trump, who routinely and absurdly attacks the Democrats as socialists and accuses them of seeking to turn America into another “socialist” Venezuela.

What has prompted this effort to blackguard socialism?

A series of recent polls in the US and Europe have shown a sharp growth of popular disgust with capitalism and support for socialism. In May of 2017, in a survey conducted by the Union of European Broadcasters of people aged 18 to 35, more than half said they would participate in a “large-scale uprising.” Nine out of 10 
agreed with the statement, “Banks and money rule the world.”

Last November, a poll conducted by YouGov showed that 51 percent of Americans between the ages of 21 and 29 would prefer to live in a socialist or communist country than in a capitalist country.
In August of this year, a Gallup poll found that for the first time 
since the organization began tracking the figure, fewer than half 
of Americans aged 18–29 had a positive view of capitalism, while
more than half had a positive view of socialism. The 
percentage of young people viewing 
capitalism positively fell from 68 percent 
in 2010 to 45 percent this year, a 23-
percentage point drop in just eight years.

This surge in interest in socialism is bound up with a resurgence of class struggle in the US and internationally. In the United States, the number of major strikes so far this year, 21, is triple the number in 2017. The ruling class was particularly terrified by the teachers’ walkouts earlier this year because the biggest strikes were organized by rank-and-file educators in a rebellion against the unions, reflecting the weakening grip of the pro-corporate organizations that have suppressed the class struggle for decades.
The growth of the class struggle is an objective process that is driven by the global crisis of capitalism, which finds its most acute social and political expression in the center of world capitalism—the United States. It is the class struggle that provides the key to the fight for genuine socialism.

Masses of workers and youth are being driven into struggle and politically radicalized by decades of uninterrupted war and the staggering growth of social inequality. This process has accelerated during the 10 years since the Wall Street crash of 2008. The Obama years saw the greatest transfer of wealth from the bottom to the top in history, the escalation of the wars begun under Bush and their spread to Libya, Syria and Yemen, and the intensification of mass surveillance, attacks on immigrants and other police state measures.

This paved the way for the elevation of Trump, the personification of the criminality and backwardness of the ruling oligarchy.
Under conditions where the typical CEO in the US now makes in a single day almost as much as the average worker makes in an entire year, and the net worth of the 400 wealthiest Americans has doubled over the past decade, the working class is looking for a radical alternative to the status quo. As the Socialist Equality Party wrote in its program eight years ago, “The Breakdown of Capitalism and the Fight for Socialism in the United States”:
The change in objective conditions, however, will lead American workers to change their minds. The reality of capitalism will provide workers with many reasons to fight for a fundamental and revolutionary change in the economic organization of society.
The response of the ruling class is two-fold. First, the abandonment of bourgeois democratic forms of rule and the turn toward dictatorship. The run-up to the midterm elections has revealed the advanced stage of these preparations, with Trump’s fascistic attacks on immigrants, deployment of troops to the border, threats to gun down unarmed men, women and children seeking asylum, and his pledge to overturn the 14th Amendment establishing birthright citizenship.
That this has evoked no serious opposition from the Democrats and the media makes clear that the entire ruling class is united around a turn to authoritarianism. Indeed, the Democrats are spearheading the drive to censor the internet in order to silence left-wing and socialist opposition.
The second response is to promote phony socialists such as Bernie Sanders, the Democratic Socialists of America (DSA) and other pseudo-left organizations in order to confuse the working class and channel its opposition back behind the Democratic Party.
In 2018, with Sanders totally integrated into the Democratic Party leadership, this role has been largely delegated to the DSA, which functions as an arm of the Democrats. Two DSA members, Alexandria Ocasio-Cortez in New York and Rashida Tlaib in Detroit, are likely to win seats in the House of Representatives as candidates of the Democratic Party.
The closer they come to taking office, the more they seek to distance themselves from their supposed socialist affiliation. Ocasio-Cortez, for example, joined Sanders in eulogizing the recently deceased war-monger John McCain, refused to answer when asked if she opposed the US wars in the Middle East, and dropped her campaign call for the abolition of Immigration and Customs Enforcement (ICE).

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.


http://mexicanoccupation.blogspot.com/2014/10/how-barack-obama-and-his-crony.html

Millionaires projected to own 46 percent of global private wealth by 2019

By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).

This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.

At the end of 2014, millionaire households 

owned about 41 percent of global private 

wealth, according to BCG. This means that 

collectively these 17 million households 

owned roughly $67.24 trillion in liquid assets, 

or about $4 million per household.

In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.

This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.

While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.

In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.

Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.

Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.

The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.

An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
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.

As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”

Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.

The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”


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