Tuesday, April 14, 2020

ENDORSING JOE BIDEN, BARACK HUSSEIN OBAMA DECLARES THAT GOVERNMENT MATTERS! IT PROTECTS CRONY BANKSTERS FROM PROSECUTION, SERVES THE SUPER RICH AND PROVIDES MILLIONS OF EMPLOYERS WITH DEM VOTING "CHEAP" LABOR MEXICANS


Watch–Barack Obama Formally Endorses Joe Biden: ‘This Crisis Has Reminded Us that Government Matters’

@BarackObama / Twitter
Volume 90%
3:11

Former President Barack Obama formally endorsed former Vice President Joe Biden for president in a video Tuesday morning, stating: “I believe Joe has all the qualities we need in a President right now.”
Obama, speaking from his home, said in the announcement that Biden is best equipped to handle the Chinese coronavirus crisis and economic fallout as president.
“If there’s one thing we’ve learned as a country from moments of great crisis, it’s that the spirit of looking out for one another can’t be restricted to our homes or our workplaces or our neighborhoods or houses of worship, it also has to be reflected in our national government,” Obama stated. “The kind of leadership that’s guided by knowledge and experience, honesty and humility, empathy and grace. That kind of leadership doesn’t just belong in our state capitols and legislatures, it belongs in the White House, and that’s why I’m so proud to endorse Joe Biden for president of the United States.”
In a tweet, an appreciative Biden replied to Obama’s endorsement, writing it, “means the world to Jill and me.”
“We’re going to build on the progress we made together, and there’s no one I’d rather have standing by my side,” the former vice president vowed.


Obama infamously opted against endorsing Biden at the start of his campaign, something the former vice president has said was done at his request.
“I asked President Obama not to endorse,” Biden claimed upon kicking off his campaign last April. “Whoever wins this nomination should win it on their own merits.”
However, a New York Times report reveals Obama’s decision was likely rooted in deep concerns about his former vice president’s chances of defeating President Donald Trump.
“You don’t have to do this, Joe, you really don’t,” Obama told the 76-year-old before he jumped into the crowded Democrat primary field, reported the Times. The Times said an anxious Obama huddled with Biden advisers last spring to ensure that the former vice president does not “embarrass himself” or “damage his legacy.”
Obama’s endorsement comes one day after Sen. Bernie Sanders (I-VT) announced his support for Biden, all but crowning him the Democrat nominee.
“I am asking all Americans — I’m asking every Democrat, I’m asking every independent, I’m asking a lot of Republican — to come together in this campaign to support your candidacy which I endorse,” Sanders said in a livestream with Biden.
“It’s no great secret Joe that you and I have our differences, and we are not going to paper them over. That’s real,” he added. “But I hope that these task forces will come together, utilizing the best minds and people in your campaign and in my campaign, to work out real solutions to these very, very important problems.”
In turn, Biden thanked the Vermont senator, calling his endorsement a “big deal.”
“If I am the nominee, which it looks like now you just made me, I am going to need you, not just to win the campaign, but to govern,” Biden said.




JAMES WALSH

THE OBAMA-BIDEN HISPANICAZATION of AMERICA… first ease millions of illegals over our borders and into our voting booths!

 How the Democrat party surrendered America to Mexico:
                                                                                          

“The watchdogs at Judicial Watch discovered documents that reveal how the Obama administration's close coordination with the Mexican government entices Mexicans to hop over the fence and on to the American dole.”  Washington Times

"This is country belongs to Mexico" is said by the Mexican Militant. This is a common teaching that the U.S. is really AZTLAN, belonging to Mexicans, which is taught to Mexican kids in Arizona and California through a LA Raza educational program funded by American Tax Payers via President Obama, when he gave LA RAZA $800,000.00 in March of 2009!

The “zero tolerance” program was dismantled by Attorney General Erc Holder once it had successfully cut the transit of migrants by roughly 95 percent. Initially, officials made 140,000 arrests per year in the mid-2000s, but the northward flow dropped so much that officials only had to make 6,000 arrests in 2013, according to a 2014 letter by two pro-migration Senators, Sen. Jeff Flake and John McCain.

The cost of the Dream Act is far bigger than the Democrats or their media allies admit. Instead of covering 690,000 younger illegals now enrolled in former President Barack Obama’s 2012 “DACA” amnesty, the Dream Act would legalize at least 3.3 million illegals, according to a pro-immigration group, the Migration Policy Institute.”

Obama Quietly Erasing Borders (Article)



WIKILEAKS EXPOSES THE OBAMA CONSPIRACY TO FLOOD AMERICAN WITH DEM VOTING ILLEGALS

“The watchdogs at Judicial Watch discovered documents that reveal how the Obama administration's close coordination with the Mexican government entices Mexicans to hop over the fence and on to the American dole.”  Washington Times

Obama Funds the Mexican Fascist Party of LA RAZA “The Race”… now calling itself UNIDOSus.


"This is country belongs to Mexico" is said by the Mexican Militant. This is a common teaching that the U.S. is really AZTLAN, belonging to Mexicans, which is taught to Mexican kids in Arizona and California through a LA Raza educational program funded by American Tax Payers via President Obama, when he gave LA RAZA $800,000.00 in March of 2009!

Previous generations of immigrants did not believe they were racially superior to Americans. That is the view of La Raza Cosmica, by Jose Vasconcelos, Mexico’s former education minister and a presidential candidate. According to this book, republished in 1979 by the Department of Chicano Studies at Cal State LA, students of Scandinavian, Dutch and English background are dullards, blacks are ugly and inferior, and those “Mongols” with the slanted eyes lack enterprise. The superior new “cosmic” race of Spaniards and Indians is replacing them, and all Yankee “Anglos.” LLOYD BILLINGSLEY/ FRONTPAGE mag

*
GLOBALIST BARACK OBAMA AND NANCY PELOSI’S CONSPIRACY TO SABOTAGE HOMELAND SECURITY AND KEEP AMERICA FLOODED WITH DEM VOTING ILLEGALS

"Along with Obama, Pelosi and Schumer are responsible for incalculable damage done to this country over the eight years of that administration." PATRICIA McCARTHY

“One of the most disgusting things to come out of the Obama administration was "Operation Fast and Furious," where members of the Department of Alcohol, Tobacco, Firearms and Explosives (ATF) allowed illegal gun sales to go through – commonly referred to as "gun walking" – in order to track buyers and sellers they believed were connected to the Mexican drug cartels. Nearly 2,000 firearms were sold and were eventually found throughout the United States and Mexico. Two of them were used to k ill Border Patrol Agent Brian Terry.”   BETH BAUMANN

The “zero tolerance” program was dismantled by Attorney General Erc Holder once it had successfully cut the transit of migrants by roughly 95 percent. Initially, officials made 140,000 arrests per year in the mid-2000s, but the northward flow dropped so much that officials only had to make 6,000 arrests in 2013, according to a 2014 letter by two pro-migration Senators, Sen. Jeff Flake and John McCain.

Jose Angel Gutierrez, professor, University of Texas, Arlington and founder of La Raza Unida political party screams at rallies: "We have an aging white America. They are d ying. They are s hitting in their pants with fear! I love it! We have got to eliminate the g ringo, and what I mean by that is if the worst comes to the worst, we have got to k  ill him!"

Previous generations of immigrants did not believe they were racially superior to Americans. That is the view of La Raza Cosmica, by Jose Vasconcelos, Mexico’s former education minister and a presidential candidate. According to this book, republished in 1979 by the Department of Chicano Studies at Cal State LA, students of Scandinavian, Dutch and English background are dullards, blacks are ugly and inferior, and those “Mongols” with the slanted eyes lack enterprise. The superior new “cosmic” race of Spaniards and Indians is replacing them, and all Yankee “Anglos.” LLOYD BILLINGSLEY/ FRONTPAGE mag


Joe Biden: ‘Absolutely Bizarre’ to Suggest Limit on U.S. Capacity to Absorb Immigrants

Joel Pollak/ Breitbart News
18 Feb 20201,578
2:58
LAS VEGAS, Nevada — Former Vice President Joe Biden campaigned inside a Chinese restaurant on Tuesday evening, telling supporters it was “bizarre” to suggest a limit on immigration to the U.S.
Biden promised to expand immigration to the U.S. if elected president.
“Folks, look — the idea that there’s some limitation on the capacity of anyone who — on the immigrants in this country is absolutely bizarre! It’s absolutely bizarre.”
Biden, speaking to a packed crowd inside the Harbor Palace Seafood Restaurant on the eve of the next Democratic debate, addressed members of the Asian-American and Pacific Islander (AAPI) community, urging them to turn out the vote ahead of Saturday’s caucuses.
Last month, the AAPI Victory Fund super PAC endorsed Biden for president, citing his ability to defeat President Donald Trump and his experience working with immigrant communities from South Asia, East Asia and the Pacific generally.
Though the AAPI immigrant community is politically diverse, it has trended Democratic in recent years.
Last year, Breitbart News reported, another local AAPI organization in Las Vegas expressed opposition to President Trump’s proposed merit-based system for legal immigration.
On Tuesday, Biden promised, if elected, to allow family reunification visas.
“We should be able to increase, to three million people, the people who could come for family reunification. Period, period, period, period.”
He called the idea that the U.S. could not “reunite” more families “absolutely bizarre.”
Biden also reminded his audience that Latinos were not the only beneficiaries of President Barack Obama’s Deferred Action for Childhood Arrivals (DACA) program, which applied to those brought to the country illegally as children.
He said there were “thousands and thousands of AAPI ‘Dreamers'” who had benefited from DACA as well.
Afterwards, Biden greeted attendees, some of whom proceeded to the Chinatown Mall to cast early votes before the polling place there closed.
Biden hopes to finish in the top three in Nevada, and to win South Carolina on Feb. 29, to make the case that he is still a top contender for his party’s nomination. Sen. Bernie Sanders (I-VT) now leads national polls, as well as Nevada polls.
Joel B. Pollak is Senior Editor-at-Large at Breitbart News. He earned an A.B. in Social Studies and Environmental Science and Public Policy from Harvard College, and a J.D. from Harvard Law School. He is a winner of the 2018 Robert Novak Journalism Alumni Fellowship. He is also the co-author of How Trump Won: The Inside Story of a Revolution, which is available from Regnery. Follow him on Twitter at @joelpollak.

ICE ignores California laws and arrests illegal aliens at the courthouse door

In 2018, California implemented the California Values Act, which gave special protection to illegal aliens by mandating that California law enforcement agencies cannot cooperate with federal immigration authorities. Last week, Immigration and Customs Enforcement (“ICE”) thumbed its nose at California and arrested two people in Sonoma County Superior Court. 

BLOG: CALIFORNIA HAS 15 MILLION ILLEGALS!
California has lots of reasons to hang onto its roughly 2.2 – 3.5 million illegal immigrants. They provide cheap, easily-exploited labor. They swell the state’s population, which matters for electors and congresspeople, as well as the distribution of certain federal funds. As illegal immigrants are fed into the system, they provide reliable (legal or illegal) Democrat votes. And they make Californians feel virtuous even as they allow corrupt Latin American states to continue exploiting their own citizens and destroying their economies by relying on remittances from people illegally in America.
For these reasons, California enacted the pompously named “California Values Act.” Although the act refers to “immigrants,” it’s obviously intended to affect only illegal aliens because the Act’s entire purpose is to use the agencies of the state to prevent ICE from gaining access to people illegally in California – including people who have committed crimes in California. This is the type of law that could only come from legislators and other virtue signalers ensconced in comfortable middle- and upper-middle-class enclaves unaffected by felonies that would never have happened but for open borders and sanctuaries.
Throughout the Obama administration, sanctuary cities and states were able to get away with these policies because the Obama administration, despite Obama’s sworn obligation to upload the laws of the United States, approved of open borders. Trump promised to change all that.
During the first three years of his administration, rather disappointingly, Trump was able to have little effect on illegal immigration or on deportation. However, Trump was just getting his ducks in a row. He was hampered by a reluctant Republican Congress, which was superseded by a violently resisting Democrat House. He also had to deal with “resistance” judges who blocked every immigration initiative he made.
Finally, though, things are changing. Trump was able to squeeze money out of Congress for his wall and, even more importantly, with help from Mitch McConnell, he’s changing the judiciary:


Great news for the U.S. Constitution! @realDonaldTrump has flipped the 9th Circuit — and some new judges are causing a 'shock wave' https://www.latimes.com/california/story/2020-02-22/trump-conservative-judges-9th-circuit 

Trump has flipped the 9th Circuit — and some new judges are causing a 'shock wave'



With a judiciary that believes in interpreting the law, not making it, Trump’s administration is able to act in accordance with the Supremacy Clause (Constitution, Art. VI, Clause 2):
This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding.
In other words, when there’s a direct conflict between state laws and federal laws, federal laws prevail.
Because the critical mass of judges is no longer deliberately inserting itself as an obstacle between federal laws and illegal immigrants, ICE is beginning to carry out its duty as written under the law:
U.S. immigration agents arrested two people at a Northern California courthouse, including a man detained in a hallway on his way to a hearing, flouting a new state law requiring a judicial warrant to make immigration arrests inside such facilities.
Immigration and Customs Enforcement agents made the arrests Tuesday at Sonoma County Superior Court, prompting an outcry from criminal justice and court officials who said the action undermines local authority and deters immigrants who are in the country illegally from participating in the U.S. justice system.
ICE said California's law doesn't supersede federal law and “will not govern the conduct of federal officers acting pursuant to duly-enacted laws passed by Congress that provide the authority to make administrative arrests of removable aliens inside the United States."
“Our officers will not have their hands tied by sanctuary rules when enforcing immigration laws to remove criminal aliens from our communities," David Jennings, ICE's field office director in San Francisco, said in the statement.
At long last, in Trump’s America, the rule of law matters again. The reliability of law is one of the essential ingredients of a just and successful civilization. In that context, if you don’t like the law, you change it through the democratic process, not through illegal and unconstitutional resistance.

Surge in Illegal Aliens, 500% Increase in Some U.S. Ports of Entry

 

Judicial Watch Corruption Chronicles, December 30, 2015

The agency’s own statistics certainly contradict that, showing that the southern border region is as porous and vulnerable as ever. Other entry ports that saw large hikes in Central American illegal immigrants during the first two months of this fiscal year include Del Rio, Texas (269%), El Centro, California (216%) and Rio Grande Valley, Texas (154%). The Border Patrol breaks the stats down by “family unit” and illegal immigrants under the age of 18, referred to as “Unaccompanied Alien Children” or UAC. The Rio Grande Valley port of entry topped the list in both categories with 8,537 family units and 6,465 UACs during the two-month period. In all, the nation’s nine southern border crossings saw an average of 173% increase in family units and a 106% increase in minors during the short period considered.

Some of the illegal immigrants are Mexican nationals, but the overwhelming majority comes from El Salvador, Guatemala and Honduras. The government records show that somehow 4,450 family units from El Salvador evaded our topnotch border security and entered the United States in a period of only two months. Guatemala and Honduras had 3,934 and 3,203 respectively. Mexico had 538 family units. Of interesting note is that, during this period, the Border Patrol reports 35,234 apprehensions in the region of foreigners labeled by the government as “Other Than Mexican” or OTM. This is a term used by federal authorities to refer to nationals of countries that represent a terrorist threat to the U.S.

. . .
http://www.judicialwatch.org/blog/2015/12/surge-in-illegal-aliens-500-increase-in-some-u-s-ports-of-entry/




Concrete Evidence of the Continuing Plunge in Both Civil and Criminal Immigration Enforcement

By Dan Cadman

CIS Immigration Blog, January 23, 2016

Two recent reports from Syracuse University's Transactional Records Access Clearinghouse (TRAC) reflect the continued erosion of immigration enforcement under the Obama administration.

On January 20, TRAC reported that criminal prosecution for immigration offenses fell 22.3 percent from November 2014 to November 2015, and more than 36 percent over the course of five years, excluding magistrate court (which deals exclusively with petty offenses).

The following day, TRAC announced that "ICE [Immigration and Customs Enforcement] Detainer Use Stabilizes Under Priority Enforcement Program". The Priority Enforcement Program (PEP) is the replacement to the Secure Communities Program mandated by Homeland Security Security Jeh Johnson as a part of the president's "executive actions" on immigration. It significantly restricts the ability of immigration agents to file detainers against aliens arrested by police on criminal charges.

I have no idea what TRAC means by "stabilizes". A quick look at Figure 1a of their report shows a more accurate state of affairs, if one considers the number of detainers being filed over the course of five years, from a high in April 2011, when Secure Communities became fully effective nationwide and kicked into high gear, versus October 2015. I would use other phrases: "plummeted" or "Dropped like a stone". Or, as my colleague Jessica Vaughan has noted, particularly in relation to detainers filed at county jails, where the lion's share of criminals of any stripes are held after being booked for offenses small and large: "a stunning free fall".



 
http://www.cis.org/cadman/concrete-evidence-continuing-plunge-both-civil-and-criminal-immigration-enforcement

Yang: ‘Return to the Obama Years’ Not Enough for Biden — They Were Left Behind in Those Years,’ ‘They’re Pissed Off’


 


Late Tuesday on CNN, former Democratic presidential hopeful Andrew Yang, now a CNN contributor, warned that his old opponent, former Vice President Joe Biden could not defeat Trump with just a pledge to return to the years of former President Barack Obama alone.
According to Yang, it needed to start with an understanding of what problems facing the country led to Trump’s presidency.
“Donald Trump needs to be defeated,” he explained. “Forty-two percent of my supporters said they would not support the Democratic nominee in the general, in large part because when I ran, I ran for the problems that predated Trump. Like, Donald Trump would never be our president today if things were going well for a lot of people around the country. Bernie Sanders would not have almost been the nominee last time if things were going well for people around the country. So even as Joe Biden saying, ‘Hey, we need to defeat Donald Trump,’ he also has to say, ‘Look, things have not been working for millions of Americans, and after we defeat Donald Trump,’ we need to get deep into these problems, get our hands dirty and solve them. This can’t be a, ‘Hey, I’m better than Trump’ race. It has to be, ‘Hey. I understand how Trump became our president.'”
Yang told a CNN panel people were left behind in the Obama-Biden years, and they were not happy about it. He called on Biden to recognize that situation and address it, which he said would better his chances in the 2020 general election.
“I think he’s been talking about restoring a culture, tone and a soul of the country,” Yang added. “I was talking about putting more money in Americans’ hands because I saw we decimated entire ways of life in Michigan, Ohio, Pennsylvania, Wisconsin. And because I was talking in those terms about the real problems these people have experienced, again, 42% of my supporters were not going to support the Democratic nominee. I’m hoping that we can get some of those people to support Joe. But it would be helpful if Joe acknowledged it because one of the weaknesses of saying, ‘Hey, return to Obama years’ is that there are many Americans who were getting behind in those years, too, and they’re pissed off. And so, if you say, I’m going to revert, that loses to that group of people. There are so many Americans who just don’t think their institutions are working for him at all, and Joe Biden’s’s weakness is he represents those institutions. I’m endorsing Joe. We need Joe to beat Trump. But we’ll have a much better chance of that if Joe recognizes that our institutions have been failing many Americans for a long time.”


Obama’s State of Delusion ... OR JUST ANOTHER "Hope & Change" HOAX?

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.”

New Federal Reserve report

US median income has plunged, inequality has grown in Obama “recovery”

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.

 

New Federal Reserve report

US median income has plunged, inequality has grown in Obama “recovery”

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 report makes clear that the drop in a typical household’s income was not merely the result of what is referred to as the 2008 recession, which officially lasted only 18 months, through June 2009. Much of the decline in workers’ incomes occurred during the so-called “economic recovery” presided over by the Obama administration.

In the three years between 2010 and 2013, the annual income of a typical household actually fell by 5 percent.

The Fed report exposes as a fraud the efforts of the Obama administration to present itself as a defender of the “middle class”. It has systematically pursued policies to redistribute wealth from the bottom to the very top of the income ladder. These include the multi-trillion-dollar bailout of the banks, near-zero interest rates to drive up the stock market, and austerity measures and wage cutting to lift corporate profits and CEO pay to record highs.

The Federal Reserve data, based on in-person interviews, show a far larger decline in the median income of American households than indicated by earlier figures from the Census Bureau’s Current Population Survey.

In line with the figures on household income, the report shows an ever-growing concentration of wealth among the richest households. The Fed’s summary of its data notes that “the wealth share of the top 3 percent climbed from 44.8 percent in 1989 to 51.8 percent in 2007 and 54.4 percent in 2013,” while the wealth of the “next 7 highest percent of families changed very little.”

The report states that “the rising wealth share of the top 3 percent of families is mirrored by the declining share of wealth held by the bottom 90 percent,” which fell from 33.2 percent in 1989 to 24.7 percent in 2013.

The ongoing impoverishment of the population is an indictment of capitalism. There has been no genuine recovery from the Wall Street crash of 2008, only a further plundering of the economy by the financial aristocracy. The crisis precipitated by the rapacious, criminal practices of the bankers and hedge fund speculators has been used to restructure the economy to the benefit of the rich at the expense of everyone else.

Decent-paying jobs have been wiped out and replaced by low-wage, part-time and temporary jobs, with little or no benefits. Pensions and health benefits have come under savage attack, as seen in the bankruptcy of Detroit.

Not surprisingly, the Fed report has been buried by the American media, confined to the inside pages of the major newspapers.

Measured in 2013 dollars, a typical household received an income of $53,100 in 2007. By 2010, this had fallen to $49,000. It hit $46,700 by 2013. At the same time, the average income for the wealthiest tenth of families grew by ten percent.

While median income fell between 2010 and 2013, mean (average) income grew, from $84,100 to $87,200. The report noted that, “the decline in median income coupled with the rise in mean income is consistent with a widening income distribution during this period.”

For the poorest households, the drop in income has been even more dramatic. Among the bottom quarter of households, mean income fell a full 10 percent between 2010 and 2013.

The report reveals other aspects of the social crisis. The share of young families burdened by education debt nearly doubled, from 22.4 percent to 38.8 percent, between 2001 and 2013. The share of young families with more than $100,000 in debt has grown nearly tenfold, from 0.6 percent to 5.6 percent.

These statistics reflect both a historic and insoluble crisis of the profit system and the brutal policies of the American ruling class, which is carrying out a relentless assault on working people and preparing to go even further by dismantling bedrock social programs such as Medicare and Social Security. The data undercuts the endless talk of “partisan gridlock” in Washington and the media presentation of a political system paralyzed by irreconcilable differences between the Democratic and Republican parties.

There has, in fact, been a seamless continuity between the Bush and Obama administrations in the pursuit of reactionary policies of war abroad and class war at home. The two parties have worked hand in glove to make the working class pay for the crisis of the capitalist system.

The Federal Reserve has itself played a critical role in the growth of social inequality in the US. The bailout of the banks, estimated at $7 trillion, has been followed by six years of virtually free money for the banks.

Every facet of American life is dominated by the immense concentration of wealth at the very top of society. The grotesque levels of wealth amassed by the parasites and criminals who dominate American business, and the flaunting of their fortunes before tens of millions struggling to pay their bills and keep from falling into destitution, are fueling the growth of social anger. This anger will increasingly be directed against the entire economic and political system.

The figures released by the Fed reflect a society riven by class divisions that must inevitably trigger social upheavals. The explosive state of social relations is itself a major factor in the endless recourse by the Obama administration to military aggression and war, which serve to deflect internal tensions outward.

The growth of inequality likewise underlies the relentless attack on democratic rights in the US, including the massive domestic spying exposed by Edward Snowden and the use of militarized police to crack down on social opposition, as seen most recently in Ferguson, Missouri.






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