AMERICA: THE RICH GET MUCH, MUCH, MUCH RICHER AND 'CHEAP' LABOT ILLEGALS GET THE JOBS. MIDDLE AMERICA JUST GETS FUCKED OVER AND OVER AND OVER.
YOU CAN BET THE BIDEN, PELOSI, SCHUMER INFRASTRUCTURE HOAX WILL NOT ONLY HAND AMNESTY TO 50 MILLION MEXICAN FLAG WAVERS BUT WILL RICHLY REWARD THEIR CRONIES ON WALL STREET.
Chris Hedges | WHY The Democrats Are HOPELESS!
Chris Hedges & Richard Wolff | Infrastructure & Pandemic Relief Are BLATANT SCAMS
Chris Hedges & Richard Wolff | America's OBVIOUS DECLINE
Chris Hedges & Richard Wolff | Billionares PROFITED FROM PANDEMIC!
What Happened To The American Middle Class? | Financial Crash Documentary | Business Stories
Don’t be fooled by Joe Biden
Chris Hedges | NAFTA, Clinton, and Obama BETRAYED Americans... and Joe Biden was right there with the worst of them!
Biden defended the wealthy in his speech to the donors but begged them to be aware of wealth inequality.
THE CRONY CLASS:
Income inequality grows FOUR TIMES FASTER under Obama-Biden and their bankster regime than Bush.
http://mexicanoccupation.blogspot.com/2014/12/obamanomics-at-work-depressed-wages-and.html
“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.”
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” ----Karen McQuillan AMERICAN THINKER
Biden defended the wealthy in his speech to the donors but begged them to be aware of wealth inequality.
Wealth concentration increases in US.
https://mexicanoccupation.blogspot.com/2019/02/staggering-concentration-of-wealth-in.html
The latest research on wealth inequality by University of California economics professor Gabriel Zucman underscores one of the key social and economic trends since the global financial crisis of 2008. Those at the very top of society, who benefited directly from the orgy of speculation that led to the crash, have seen their wealth accumulate at an even faster rate, while the mass of the population has suffered a major decline.
The past 40 years have seen the consolidation of a plutocratic elite, which has subordinated every aspect of American society to a single goal: amassing ever more colossal amounts of personal wealth. The top one percent have captured all of the increase in national income over the past two decades, and all of the increase in national wealth since the 2008 crash.
“This was not because of difficulties in securing indictments or convictions. On the contrary, Attorney General Eric Holder told a Senate committee in March of 2013 that the Obama administration chose not to prosecute the big banks or their CEOs because to do so might “have a negative impact on the national economy.”
"This is how they will destroy America from within. The leftist billionaires who orchestrate these plans are wealthy. Those tasked with representing us in Congress will never be exposed to the cost of the invasion of millions of migrants. 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." PATRICIA McCARTHY
A key factor in Obama’s newfound and growing wealth are those who profited from his presidency. A number of his public speeches have been given to big Wall Street firms and investors. Obama has given at least nine speeches to Cantor Fitzgerald, a large investment and commercial real estate firm, and other high-end corporations. According to records, each speech has been at least $400,000 a clip.
During his presidency, Obama bragged that his administration was “the only thing between [Wall Street] and the pitchforks.”
In fact, Obama handed the robber barons and outright criminals responsible for the 2008–09 financial crisis a multi-trillion-dollar bailout. His administration oversaw the largest redistribution of wealth in history from the bottom to the top one percent, spearheading the attack on the living standards of teachers and autoworkers.
No, Joe, There Was No Economic Boom Under Obama
The great Jackie Gleason once said, "The past remembers better than it lived." And so it is, apparently, with the Obama years.
BLOG EDITOR: THE ECONOMIC MELTDOWN OF 2008 WAS CAUSED ENTIRELY BY THE VERY BANKSTERS WHO OWNED BARACK OBAMA AND JOE BIDEN FROM DAY ONE. THEY NOW ALSO OWN KAMALA HARRIS.
ULTIMATELY, THE ‘OBAMA RECOVERY’ SAW THE GREATEST TRANSFER OF WEALTH TO THE RICH IN AMERICAN HISTORY.
There was no economic "boom" as Joe Biden and Kamala Harris are misremembering. This was an economy that skidded into a financial ditch and seemingly never pulled out of it and got back on the prosperity hot lanes until Donald Trump won the election in November 2016.
You can mark the real recovery -- an economic inflection point almost the day after that surprise election outcome.
Every liberal forecaster and most academic economists had guaranteed America that, if Trump were elected, the stock market would crash; workers would be flattened; and, as New York Times economist Paul Krugman famously predicted, the economy would "never" recover.
Instead, the Dow Jones Industrial Average soared by 257 points the morning after the election (that's some crash), and it rose for the next three years, as it has again over the last several months. A few days after that election, small-business optimism surged by its most considerable amount ever measured, going back many decades. Family incomes surged to record-high levels in 2017, 2018 and 2019 as deregulation and tax cuts fueled a powerful engine. In three years, ordinary people had made more income gains than in eight years under the Obama-Biden administration.
But now we are being told a fairy tale that the Obama economy was booming and Biden miraculously fixed it and Trump "blew it."
Here's the reality check. Under Barack Obama, the economy barely grew 2% -- rather pathetic for a "recovery." The people who made the preposterous bullish claims that Obama saved the economy are the ones who now say the Biden economic plan will gain millions of jobs.
In the last year of Obama's presidency, growth shrunk to 1.6%, and the concern was the possibility of another recession. That's some boom.
If the Obama recovery had been as rapid as the average recovery, we would have had at least $1 trillion more GDP by 2016. If we had experienced a Ronald Reagan-style recovery, the GDP would have been $2.5 trillion larger when Obama left office. It is almost equivalent to the size of the entire output of the state of California gone missing.
The first four years of the Obama presidency were abysmal. The Obama-Biden $800 billion stimulus plan left unemployment higher every year than their economists had predicted if we did nothing. What bailed out Obama, ironically enough, was the shale oil and gas revolution that added millions of jobs despite the Obama-Biden hatred of fossil fuels. Most of the employment growth came in Texas, Oklahoma and North Dakota. Meanwhile, most of the green energy subsidies went into failed and now-bankrupt companies such as Solyndra. And now Biden promises another $2 trillion for "clean energy" corporate welfare subsidies.
Throughout nearly all of the Biden-Obama presidency, roughly 1 out of 3 people in the United States rated the economy as "good" or "excellent." Most of the rest rated the economy "fair" or "poor." That number surged to about 65% rating the economy as "good" or "excellent" within a year of Trump's presidency.
People can debate Trump's handling of the virus and the mistakes that have been made. It now looks like under any scenario, except an airtight sequestering of those over the age of 75, smokers, diabetics and severely overweight people, we would have seen the same or worse results.
Now the question is which game plan gets the economy and employment back to normal as quickly as possible. Biden promises a $4 trillion tax hike on almost all U.S. businesses and investors. That's roughly 5% of everything we produce that gets snatched away in higher taxes. If you believe that this will get America back on the fast track, you probably believe Obama caused an economic boom.
Stephen Moore is a senior fellow at the Heritage Foundation and an economic consultant with FreedomWorks. He is the co-author of "Trumponomics: Inside the America First Plan to Revive the American Economy."
The Four Horsemen of the Biden Apocalypse
In the waning days of the Trump administration, the country was showing signs of economic improvement, people were feeling more confident about battling COVID, and the border was relatively secure as the wall was finally being constructed.
What a difference seven months can make. It has been a horrific 207 days since President Joe Biden and his radical administration were unleashed on the country.
In effect, a political apocalypse is approaching. In the New Testament Book of Revelation, the four horsemen of the apocalypse are revealed to be "Conquest, War, Famine, and Death." In the Old Testament Book of Ezekiel, the four horsemen are referred to as "sword, famine, wild beasts, and plague."
In the era of Joe Biden, the four horsemen of our political apocalypse are the border invasion, the economic catastrophe, the assault on our families, and the use of the COVID plague to eliminate our constitutional rights.
1. Invasion. Biden inherited a secure border and immediately decided to destroy the progress of President Donald Trump and create an unmitigated disaster for Americans. The border wall was foolishly stopped, the policy of "catch and release" was reinstituted, the "Remain in Mexico" policy was ended, and illegal aliens were given an invitation to enter the United States.
As a result, the flood of illegal aliens has been unprecedented. The number of new apprehensions is increasing each month at the border, reaching the highest level in 25 years in July. Over 210,000 illegal aliens were apprehended on the southern border last month. Simultaneously, an untold number of people have been entering the country without detection. Coupled with ongoing legal immigration efforts, the United States of America is being radically and quickly transformed.
These illegal aliens are not being tested for COVID, are not being vaccinated, and are being sent all over the country. This is spreading the virus across the country while cynically changing the demographics of many "red" states. Although most citizens living in these areas are opposed to this resettlement, they have been powerless to stop it.
2. Catastrophe. Upon entering office, Biden should have continued Trump-era economic policies that were working. Instead, he stopped the construction of the Keystone XL pipeline and displacing thousands of workers from their jobs. Biden also placed a moratorium on the issuance of new oil and gas drilling leases on federal territory, both onshore and offshore.
As a result, America is transitioning from being energy independent for the first time in decades, under President Trump, to being energy-dependent once again. Ironically, Biden is now asking OPEC members to increase their oil production.
Biden has also happily supported radical legislation in Congress that will add to the national debt while spending trillions of dollars that will create severe inflationary woes in our county. During the Biden administration, prices on a wide range of items such as gasoline, lumber, and groceries are rapidly escalating. This has created the sharpest rise in inflation in 20 years.
If it passes in the U.S. House of Representatives, the new $1.2-trillion "infrastructure" bill that just was approved in the U.S. Senate will be an economic disaster. It includes very little real infrastructure, but it does include tax increases, at least $256 billion in additional federal debt that will exacerbate inflationary pressures, and a grab bag of liberal proposals. The bill advocates zero-emission vehicles, combats "racist" highways, and for good measure uses the word "equity" 64 times.
It sets the stage for an even bigger monstrosity, the "human infrastructure" bill that will cost over $3.5 trillion. It is being advertised as a de facto "Green New Deal" that will include a staggering number of climate change initiatives. The economic chaos that such a bill will institute is mind-boggling to contemplate.
3. Assault. Across America, our cities are on fire as crime is exploding. An increasing number of innocent Americans are being victimized each day. Incredibly, liberal politicians have used the opportunity to demand the defunding of police departments. This has only increased the number of police officers resigning and retiring. As a result, police departments are understaffed, and recruitment is becoming extremely difficult in urban areas that are viewed as being anti-police.
The answer, according to Biden and the Democrats, is always more gun control and never more criminal control.
Citizens are unsafe on the streets of our cities, and our children are unsafe in our public-school classrooms. Families are facing hostile environments in schools as teachers are using Critical Race Theory to educate students about American history. Instead of celebrating the greatness of our founding documents and the uniqueness of our system of government, teachers are demonizing our Founding Fathers and casting blame on white Americans for racism and unfair treatment of minorities. In many schools, students are being separated by race, and white students are being made to feel guilty for the color of their skin. While parents are expressing their anger, too many school boards remain committed to the divisive curriculum.
4. Plague. Schools are also one of the focal points of the insane battle over how to deal with the COVID pandemic. Teacher unions and Biden officials are touting masks in classrooms, while a growing number of parents are fighting this nonsense at school board meetings across the country.
The Biden administration is not stopping at mask mandates but is considering COVID vaccine requirements for all Americans. The Defense Department will be requiring vaccines for all the members of the respective branches. This obligation will be enforced starting in mid-September.
The president has also mandated vaccinations for members of the United States Department of Veterans' Affairs. Surely other government agencies will face similar mandates in the foreseeable future.
Whenever he addresses the media, Biden pushes vaccinations on the public. He implies that unvaccinated Americans are not only unpatriotic but also contributing to the deaths of their fellow citizens. In addition, the president is actively encouraging businesses to implement vaccine mandates at their workplaces.
All these initiatives are quite disturbing, as Americans should have medical privacy and the right to make their own health decisions. In a "free" country, a citizen should not be forced to inject any sort of experimental vaccine into his body. Americans should have the freedom to say "no," without any negative repercussions.
Individually, each of the four horsemen of the Biden apocalypse is extremely worrisome. Unfortunately, Americans are facing all four of them simultaneously.
In addition, we must deal with a mentally incompetent president; a biased press; social media sites that censor conservatives; and a "woke" corporate, entertainment, and Big Technology culture that are promoting these dangerous trends in our country.
It is crunch time for America, and "We the People" must stand up to protect our rights, our families, and our futures. This Biden agenda must be stopped immediately. Otherwise, we can say goodbye to America and say hello to Venezuela.
Jeff Crouere is a native New Orleanian. His award-winning program, Ringside Politics, airs nationally on Real America's Voice Network, AmericasVoice.News weekdays at 7 A.M. C.T. and from 7 to 11 A.M. weekdays on WGSO 990-AM & Wgso.com. He is a political columnist, the author of America's Last Chance, and provides regular commentaries on the Jeff Crouere YouTube channel and on Crouere.net. For more information, email him at jeff@ringsidepolitics.com.
Image: Gage Skidmore via Flickr, CC BY-SA 2.0.
Six months of the Biden administration—A balance sheet
Six months ago, Joseph Biden was inaugurated president of the United States, under conditions of unprecedented crisis of US capitalism and the entire social and political order.
His predecessor, Donald Trump, did not attend the ceremony, signaling his refusal to accept the outcome of the 2020 election. Only two weeks before, on January 6, Trump’s supporters had stormed the Capitol and temporarily halted the congressional certification of state electoral votes. The aim of the attempted coup was to stop the transfer of power and establish a personalist dictatorship. In the words of Chairman of the Joint Chiefs of Staff Mark Milley, it was Trump’s “Reichstag moment.”
When Biden took office, 400,000 people were dead from the COVID-19 pandemic, while millions were unemployed. Just months earlier, every city, town, and village in America had seen protests in opposition to police violence.
Biden marked the six-month anniversary with brief remarks presenting American society in glowing terms. “For all those predictions of doom and gloom six months in, here’s where things stand,” he said. “Record growth, record job creation, workers getting hard-earned breaks.” He added, “Put simply: Our economy is on the move, and we have COVID-19 on the run.”
Summing up his prognosis, the US president proclaimed: “It turns out capitalism is alive and very well.” The truth is that the policies of the Biden administration have entirely failed to resolve the social crisis in America and they cannot, because they are based on the framework of American capitalism.
The pandemic, far from being “on the run,” is undergoing a new resurgence. Since Biden took office, an additional 225,000 people have died from the pandemic. All indications are that by the winter, with the new surge accompanying the spread of the Delta variant, the death toll under Biden will have exceeded that under Trump.
The policies of the Biden administration have been driven by the interests of Wall Street and the super-rich. This is why, despite occasional criticisms of Trump’s callous and anti-scientific response to the coronavirus pandemic, Biden has pursued the same policy of restoring corporate profit-making by forcing workers back to work and children back to school as quickly as possible, regardless of the dangers to their lives and health.
Trump’s response to the economic depression that accompanied the onset of the pandemic was to pour trillions into bolstering the banks, hedge funds and corporations, with bipartisan bills like the CARES Act. Biden pursues essentially the same policy, although with less support from the Republicans than the Democrats gave Trump. He boasts of success on the economic front, although seven million fewer workers have jobs today than before the pandemic began, and millions face wage cuts, poverty, eviction and foreclosure.
Only in foreign policy is there a significant shift from Trump to Biden, and this in tactics only, not strategy. Biden has placed more emphasis on the US utilization of NATO and the “Quad,” a de facto alliance with Japan, Australia and India. Significant sections of the military-intelligence apparatus backed Biden against Trump because they sought a more effective mobilization of US power against Russia and China.
And if Biden’s statement that “capitalism is alive and very well” were true, it begs the question: Why is there a mounting fascist threat to American democracy?
In the six months since Biden’s inauguration, the Republican Party has maintained its intransigent opposition to any serious investigation into the events of January 6. Half-hearted Democratic proposals, first for an “independent” bipartisan commission to investigate the attack, then for a bipartisan congressional investigation, have been blocked outright or endlessly delayed.
Meanwhile, evidence continues to emerge of the central role played by Trump and his allies in Congress in seeking to carry out a political coup d’état to overturn the results of the election and maintain himself in office. But neither Trump nor his accomplices have even been questioned, let alone tried, convicted and jailed.
Instead, Trump has renewed his agitation against the election, seeking to transform the Republican Party into an openly fascistic movement subordinated to his personal authority. And his supporters in the Republican Party are using their control of state legislatures to enact unprecedented and sweeping attacks on the right to vote.
Biden himself acknowledged something of the reality of the crisis of American capitalism in a speech last week in Philadelphia, when he declared “We are facing the most significant test of our democracy since the Civil War.” But he offered no way forward, except to appeal to “my Republican friends in the Congress, states and cities and counties to stand up” against this assault—although they are the very ones carrying it out.
In an effort to prop up illusions in the Democratic Party, the representatives of its “left” wing, portray Biden’s policies in extravagant terms. Last week Senator Bernie Sanders claimed that Biden’s “reconciliation” bill on social spending amounted to “the most consequential piece of legislation for working families since the 1930s.” Or, like Bhaskar Sunkara of Jacobin, affiliated with the Democratic Socialists of America, they express disappointment in what has been achieved so far, but express the hope that “Biden has shown a willingness to think big,” and that additional pressure should be brought to bear on congressional Democrats.
For his part, Biden uses every possible occasion to make clear he has no intention of implementing any measures that challenge the interests of the financial oligarchy, declaring last weekend, “Communism is a failed system, universally failed system. I don’t see socialism as a very useful substitute.”
The truth is that the Biden administration is based on Wall Street and the military, mobilizing behind it sections of the upper middle class through the utilization of identity politics. Well aware of the explosive social conditions developing in America, moreover, the administration supports the union “organization” campaign at Amazon and the PRO Act, to make it easier to install unions at work locations where they otherwise would have difficulty convincing workers to pay dues for the privilege of having their wages and benefits cut.
It is telling that when workers engage in genuine anti-corporate struggles, like the strikes waged by autoworkers against Volvo Trucks in Dublin, Virginia, the supposedly “pro-labor” president falls completely silent. Biden is for the unions, not for the workers, because he correctly sees the unions as an instrument of the US ruling class in policing the working class.
Workers must draw the lessons of six months of the Biden administration. None of the problems confronting the working class, from the disastrous pandemic response to unparalleled levels of social inequality, to the danger of imperialist world war and fascist dictatorship, can be addressed without breaking the grip of the financial oligarchy over every aspect of society.
No comments:
Post a Comment