Saturday, September 30, 2023

JOE BIDEN'S BIGGEST PAYMASTER LARRY FINKS SAYS JOE'S FUKED IT UP BIG TIME!!! - BlackRock's CEO Signals Imminent Economic Disaster

 NOW WATCH JOE BAIL OUT BLACKROCK IN A WINK!



Peter Schweizer, author of “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,”

For George Soros it was about control to gain influence, access, and special treatment.  After the election Biden formed a transition team that staffed itself with people connected to Soros.

But his money also played a part.  Soros spent over $70 million on activities that backed Biden's candidacy.  Soros bought frequent access to Obama.  That access returned under Biden.  Biden's Kampf

“Obama would declare himself president for life with Soros really running the show, as he did for the entire Obama presidency.”

https://mexicanoccupation.blogspot.com/2022/01/democrat-party-billionaires-for-open.html

 

George Soros Donates $125 Million to Democrats Before November Midterms 

THE DEMOCRAT PARTY’S OPEN BORDERS FOR CHEAP LABOR

Those are the subliterate, low-skill, non-English-speaking indigents whose own societies are unable or unwilling to usefully educate and employ them. Bring these people here and they not only need a lot of services, they are putty in the hands of leftist demogogues as Hugo Chavez demonstrated - and they are very useful as leftist voters who will support the Soros agenda.

DEM PARASITE LAWYERS GATHER AROUND THE SAME DADDY BIGBUCK$ NEO-FASCIST GEORGE SOROS

Records: Son of Billionaire Democrat Donor George

Soros Has Visited the White House 14 Times

https://www.breitbart.com/politics/2023/04/08/records-son-of-billionaire-democrat-donor-george-soros-has-visited-white-house-14-times/

“Protect and enrich.” This is a perfect encapsulation of the Clinton Foundation  (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) (WHAT ABOUT THE CHINA BIDEN PENN CENTER?)  and the Obama (TWO GAMER LAWYERS - OWNED BY GEORGE SOROS) book and television deals. Then there is the Biden family (FOUR GAMER LAWYERS - JOE, HUNTER, JAMES, FRANK - OWNED BY GEORGE SOROS AND LARRY FINK OF BLACKROCK)  corruption, followed closely behind by similar abuses of power and office by the Warren (GAMER LAWYER) and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (ADD GAMER LAWYER KAMALA HARRIS (WANTS TO BE OWNED BY GEORGE SOROS) AND HER LAWYER HUSBAND AND THE BANKSTERS’ RENT BOY, LAWYER CHUCK SCHUMER, OWNED BY LARRY FINK OF BLACKROCK WHO OWNS A BIG PIECES OF THE ‘BIG GUY’ JOE, AND GEORGE SOROS’ RENT BOY (GAMER LAWYER) TONY BLINKEN, AS WELL AS CON MAN (GAMER LAWYER) ADAM SHIFF) AND HIS CORRUPTNESS (GAMER LAWYER) BOB MENENDEZ STILL EVADING PRISON.

    BRIAN C JOONDEPH

 


Park Avenue: Money, Power and the American DreamWHY POVERTY?(Documentary)

 https://www.youtube.com/watch?v=6niWzomA_So&list=WL&index=19


 The close collaboration between the US Treasury, the Federal

Reserve and the multi-billion dollar asset management

firm Blackrock (JOE BIDN’S BIGGEST BRIBSTER)  in

devising the March 2020 rescue operation for Wall Street has

been revealed in an article published in the New York

Times yesterday.

 

 

Since Biden’s inauguration, the University of Pennsylvania has disclosed at least $14 million in donations from China or Hong Kong, the Free Beacon reported last week. The names of these donors have yet to be disclosed by the Department of Education, breaking the precedent of prior administrations which published foreign donor names in a public database.



Renowned academic and author Noam Chomsky offers a thought-provoking exploration of the 10 principles that underlie the concentration of wealth and power, resulting in unprecedented levels of inequality and the erosion of the American middle class. In this enlightening documentary, Chomsky elucidates the causes and consequences of this profound societal shift. Through his keen insights and intellectual rigor, Chomsky reveals the mechanisms behind wealth concentration and its detrimental effects on society. He delves into the hollowing out of the American middle class, shedding light on the socio-economic challenges faced by millions. Chomsky's analysis uncovers the interplay between power dynamics and economic disparities, providing a critical examination of the state of inequality in America.

@peternorthrup6274 4 months ago I'm 64. Retired at 55. Corporate greed made the decision for me. 4 state's, 4 different companies, 4 plant shut downs. The people at the top cashed out. Hundreds lost there jobs. We never had kids. I worked in a trade. We could never trust any company with our future. I've seen many families destroyed. I was able to move. My wife worked freelance. Since the 70s inflation and Corporate greed eroded wages to the point we are at today. We have gone from the 1 income household to a 2 income household. And yet families are living paycheck to paycheck. What's next? 1 or 2 children will have to contribute to family bills. Young people simply don't stand a chance today. Im so glad I'm out. I'm not a rich man. My home is paid for. I'm lucky. Good luck to all.


Matthew Desmond on How to End Poverty, and His Book POVERTY, BY AMERICA | Inside the Book

 

https://www.youtube.com/watch?v=LjY7a2E3pt4

 

Matthew Desmond discusses his new book POVERTY, BY AMERICA and its two central questions: Why is there so much poverty in America, and what can we do to eliminate it? Get the book: http://bit.ly/42pKqlG About POVERTY, BY AMERICA The Pulitzer Prize–winning, bestselling author of Evicted reimagines the debate on poverty, making a new and bracing argument about why it persists in America: because the rest of us benefit from it. The United States, the richest country on earth, has more poverty than any other advanced democracy. Why? Why does this land of plenty allow one in every eight of its children to go without basic necessities, permit scores of its citizens to live and die on the streets, and authorize its corporations to pay poverty wages? In this landmark book, acclaimed sociologist Matthew Desmond draws on history, research, and original reporting to show how affluent Americans knowingly and unknowingly keep poor people poor. Those of us who are financially secure exploit the poor, driving down their wages while forcing them to overpay for housing and access to cash and credit. We prioritize the subsidization of our wealth over the alleviation of poverty, designing a welfare state that gives the most to those who need the least. And we stockpile opportunity in exclusive communities, creating zones of concentrated riches alongside those of concentrated despair. Some lives are made small so that others may grow. Elegantly written and fiercely argued, this compassionate book gives us new ways of thinking about a morally urgent problem. It also helps us imagine solutions. Desmond builds a startlingly original and ambitious case for ending poverty. He calls on us all to become poverty abolitionists, engaged in a politics of collective belonging to usher in a new age of shared prosperity and, at last, true freedom. ________________________

  

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

 

JEFF POOR

 

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.”

 

Wealth-X report: Billionaire wealth surged during pandemic

Trévon Austin

A new report from research firm Wealth-X found that the global COVID-19 pandemic has intensified the growth of social inequality and witnessed an unprecedented accumulation of wealth among the most privileged layers in society. For the first time in human history, the world had more than 3,000 billionaires in 2020.

This amounts to a 13.4 percent increase in billionaires since 2019, currently totaling 3,204 individuals, with a median wealth of $1.9 billion. Billionaires’ collective wealth swelled to $10 trillion, a 5.7 percent increase from 2019.

 

Amazon CEO Jeff Bezos (AP Photo/John Locher, File)

“Viewed in aggregate, the global pandemic delivered a windfall to billionaire wealth, boosted by the flood of monetary stimulus and swelling profits in key sectors that coined a new wave of younger, self-made billionaires,” the report said.

Billionaire wealth has increased steadily since 1990, but one-third of these wealth gains have occurred during the pandemic. US billionaire wealth increased nineteen-fold over the last 31 years, from an inflation adjusted $240 billion in 1990 to $4.7 trillion in 2021.

The parasitic growth in wealth was most pronounced in the United States, the center of world capitalism. The ranks of billionaires in all of North America grew by 17.5 percent from last year. In fact, North America’s 980 billionaires account for 30.6% of the world’s billionaires.

The US was the top billionaire country in 2020. According to a report from Americans for Tax Fairness (ATF) and the Institute for Policy Studies Program on Inequality (IPS), American billionaires have seen their collective wealth surge by 62 percent, approximately $1.8 billion, since March 18, 2020. Following North America, Asia saw its number of growing by 16.5%, for a grand total of 883. Asia’s billionaires saw their collective net worth grow to $2.6 trillion, a 7.5% increase.

The good fortune of this tiny layer of the world’s population over the past 18 months is all the more appalling when contrasted to the growing immiseration and impoverishment of billions of workers around the globe. As a few thousand billionaires amassed enormous sums of wealth, workers around the world lost $3.7 trillion in earnings during the pandemic, according to a report from the International Labor Organization (ILO).

The report estimated an 8.8 percent year-by-year decline in global working hours from 2019 to 2020, equivalent to 255 million full-time jobs. This is approximately four times greater than the recorded loss during the 2008-09 global financial crisis.

The lost working hours were due to massive cuts in working hours and unprecedented levels of job loss, impacting some 114 million people and their families. Significantly, 71 percent of these job losses came from “inactivity,” meaning at least 81 million people around the world left the labor market because they could not find work.

Women have been more adversely affected by the pandemic than men. Globally, employment losses for women stand at 5 percent, versus 3.9 percent for men. Women were much more likely than men to drop out of the labor market, most commonly due to childcare concerns. Younger workers have also been devastated. Employment fell by 8.7 percent among workers aged 15-24 years old, compared to 3.7 percent for adults. Generation Z, the oldest of whom is 23, has become the most unemployed generation and is on track to experience the same financial struggles as millennials.

In the US alone, the official poverty rate rose by 1.0 percent from 2019 to 2020, according to the US Census Bureau. The poverty rate grew to 11.4 percent, marking the first increase in the official poverty rate after five years of consecutive decline. In 2020, there were 37.2 million people in poverty, approximately 3.3 million more than in 2019.

At the same time, median household income in 2020 dropped by 2.9 percent from the previous year. This is the first statistically significant decline in median household income since 2011.

Over 86 million Americans have lost jobs, almost 38 million have been sickened by the virus, and over 675,000 have died from it. Between 2019 and 2020, the real median earnings of all workers fell by 1.2 percent. The total number of people reporting earnings decreased by about 3 million, while the number of full-time, year-round workers decreased by approximately 13.7 million.

The chief obstacle to solving the world’s burning social questions—whether the devastating impact of COVID-19 or the widespread growth of poverty—is the private profit interests of the capitalist ruling class. Every action these vultures have taken in response to the pandemic has been driven by the effort to protect the wealth and privileges of a few. To save lives and avert even further disaster, workers must fight for a policy based on the interests of the working class, the vast majority of society.

 

 

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