MEXICANOCCUPATION.blogspot.com
SOARING UNEMPLOYMENT, AND YET PELOSI, BOXER, FEINSTEIN, LOFGREN, HONDA and WAXMAN are pushing for the REID OBAMA LA RAZA AMNESTY!
THERE ARE ONLY EIGHT STATES WITH A POPULATION GREATER THAN L.A. COUNTY, WHERE 47% OF THOSE WITH A JOB ARE ILLEGALS USING STOLEN SOCIAL SECURITY NUMBERS.
THIS SAME COUNTY PAYS OUT $600 MILLION IN WELFARE TO ILLEGALS AND HAS THE LARGEST NUMBER OF GANG MURDERS IN THE COUNTRY.
latimes.com
California's metro areas lead the nation in unemployment
By Alana Semuels
Los Angeles Times Staff Writer
12:22 PM PST, December 7, 2010
Many of the metropolitan areas with the highest unemployment rates in the country are in California, according to data released by the Bureau of Labor Statistics on Tuesday morning. Among the 10 metro areas with jobless rates of at least 15% in October, eight were located in California, the bureau said.
Those eight include El Centro (24.3%), Fresno (15.7%), Hanford-Corcoran (15%), Merced (16.3%), Modesto (16.2%), Stockton (16.3%), and Visalia-Porterville (15.9%). They are among the 138 metro areas with unemployment rates higher than the national average. Overall, 224 areas had unemployment rates below the U.S. figure of 9% in October.
There are 49 metropolitan areas with 1 million or more people, and the Riverside-San Bernardino-Ontario areas had the highest unemployment rates of those large metro areas, 14.2%. The lowest jobless rate in those large metro areas was Washington-Arlington-Alexandria, in the District of Columbia and Virginia, at 5.8%.
Metropolitan areas in the South seemed to improve most over the year. Jobless rates decreased by 2.8 percentage points in Hickory-Lenoir-Morgantown, N.C.; by 2.7 percentage points in Anderson, S.C.; and by 2.6 percentage points in Spartanburg, S.C. Yuma, Ariz., saw its unemployment rate jump in October by 4.1 percentage points.
The jobless rate in the Los Angeles metro area in October was 11.7%, up from 11.6% a year earlier.
*
Lou Dobbs Tonight
Thursday, April 9, 2009
Plus, outrage after President Obama prepares to push ahead with his plan for so-called comprehensive immigration reform. Pres. Obama is fulfilling a campaign promise to give
legal status to millions of illegal aliens as he panders to the pro-amnesty, open borders lobby. Tonight we will have complete coverage.
*
latimes.com
Opinion
California must stem the flow of illegal immigrants
The state should go after employers who hire them, curb taxpayer-funded benefits, deploy the National Guard to help the feds at the border and penalize 'sanctuary' cities.
Illegal immigration is another matter entirely. With the state budget in tatters, millions of residents out of work and a state prison system strained by massive overcrowding, California simply cannot continue to ignore the strain that illegal immigration puts on our budget and economy. Illegal aliens cost taxpayers in our state billions of dollars each year. As economist Philip J. Romero concluded in a 2007 study, "illegal immigrants impose a 'tax' on legal California residents in the tens of billions of dollars."
*
THE ENTIRE REASON THE BORDERS ARE LEFT OPEN IS TO CUT WAGES!
*
The danger, as Washington Post economics columnist Robert Samuelson argues, is that of “importing poverty” in the form of a new underclass—a permanent group of working poor.
*
“We could cut unemployment in half simply by reclaiming the jobs taken by illegal workers,” said Representative Lamar Smith of Texas, co-chairman of the Reclaim American Jobs Caucus. “President Obama is on the wrong side of the American people on immigration. The president should support policies that help citizens and legal immigrants find the jobs they need and deserve rather than fail to enforce immigration laws.”
*
“Obama’s rejection of any serious jobs program is part of a conscious class war policy. Two years after the financial crisis and the multi-trillion dollar bailout of the banks, the administration is spearheading a campaign by corporations to sharply increase the exploitation of the working class, using the “new normal” of mass unemployment to force workers to accept lower wages, longer hours, and more brutal working conditions.” WSWS.ORG
*
“The principal beneficiaries of our current immigration policy are affluent Americans who hire immigrants at substandard wages for low-end work. Harvard economist George Borjas estimates that American workers lose $190 billion annually in depressed wages caused by the constant flooding of the labor market at the low-wage end.” Christian Science Monitor
MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO LA RAZA – THE MEXICAN FASCIST POLITICAL PARTY. THESE FIGURES ARE DATED. CNN CALCULATES THAT WAGES ARE DEPRESSED $300 - $400 BILLION PER YEAR!
Tuesday, December 7, 2010
MEXIFORNIA - Gang Infested
MEXICANS ARE THE MOST VIOLENT, CRIMINALLY PRONE and RACIST CULTURE IN THE HEMISPHERE.
REALLY WANT THEM TO HAVE AMNESTY?
PUSH 2 FOR ENGLISH!
latimes.com
Authorities conduct gang sweep in Indio
By Phil Willon
Los Angeles Times Staff Writer
2:33 PM PST, December 7, 2010
Hundreds of law enforcement officers swept through the Riverside County city of Indio early Tuesday morning rounding up gang members and others with outstanding warrants and searching their homes, authorities said.
The officers, who came from across Southern California, targeted 450 locations of known gang members, authorities said. The number of people taken into custody was not disclosed.
Dist. Atty. Rod Pacheco said in a written statement that the operation "sends a clear message to the hundreds of gang members that call Indio their home." Along with officers from the Indio Police Department, investigators with the Federal Bureau of Investigation, U.S. Immigration and Customs Enforcement and Bureau of Alcohol, Tobacco, Firearms and Explosives took part in the 10-month investigation.
Indio, south of Palm Springs in the Coachella Valley, is home to close to 700 known gang members, most of whom are covered by a "gang-injunction" lawsuit filed by the district attorney's office prohibiting them from associating with other gang members, wearing gang clothing or flashing gang signs.
REALLY WANT THEM TO HAVE AMNESTY?
PUSH 2 FOR ENGLISH!
latimes.com
Authorities conduct gang sweep in Indio
By Phil Willon
Los Angeles Times Staff Writer
2:33 PM PST, December 7, 2010
Hundreds of law enforcement officers swept through the Riverside County city of Indio early Tuesday morning rounding up gang members and others with outstanding warrants and searching their homes, authorities said.
The officers, who came from across Southern California, targeted 450 locations of known gang members, authorities said. The number of people taken into custody was not disclosed.
Dist. Atty. Rod Pacheco said in a written statement that the operation "sends a clear message to the hundreds of gang members that call Indio their home." Along with officers from the Indio Police Department, investigators with the Federal Bureau of Investigation, U.S. Immigration and Customs Enforcement and Bureau of Alcohol, Tobacco, Firearms and Explosives took part in the 10-month investigation.
Indio, south of Palm Springs in the Coachella Valley, is home to close to 700 known gang members, most of whom are covered by a "gang-injunction" lawsuit filed by the district attorney's office prohibiting them from associating with other gang members, wearing gang clothing or flashing gang signs.
REID OBAMA PELOSI And the Ever Expanding Mexican Welfare State
Obama announces deal to extend tax cuts for the rich
By Barry Grey
7 December 2010
President Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.
The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.
During the mid-term election campaign Obama demagogically denounced the Republicans for opposing his proposal to extend the Bush tax cuts only for families earning less than $250,000. The Republicans demanded instead an across-the-board extension. Obama sought to use the issue to give the Democratic campaign a populist cover, even as the White House and the Democratic-controlled Congress refused to initiate any government jobs programs or provide serious relief to the tens of millions victimized by the deepest recession since the 1930s.
Meanwhile, the Democratic congressional leadership was signaling its readiness to capitulate, with leading Democrats in the House and Senate lining up with the Republicans to demand an extension of the tax cuts for the rich. Senate Majority Leader Harry Reid called off a floor vote on the tax issue until after the November election.
Following the rout of the Democrats in the election, the result of popular disillusionment and anger over the right-wing policies of the administration, Obama has lurched even further to the right. He has embraced the Republican tax plan even though the Democrats retain large majorities in both houses of the outgoing Congress, which must vote on the measure before the end of the year. The new Congress, with a Republican majority in the House and a smaller Democratic majority in the Senate, will take office in January.
In addition to the income tax windfall for the wealthy, Obama announced his acceptance of a Republican proposal to further gut the estate tax. His “framework for a bipartisan agreement” includes raising the exemption on estate taxes to $5 million for an individual and $10 million for a family (in 2009 the individual exemption was $3.5 million), and reducing the tax rate from 45 percent to 35 percent.
This will bring the tax on inherited wealth to its lowest level since 1931, prior to the Depression-era reforms carried out by the Roosevelt administration.
Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people. He focused on the 13-month extension of long-term unemployment benefits included in the “framework,” which he presented as a major victory for the unemployed.
In previous recessions, extended jobless benefits were routinely passed by Congress, but in this slump Congress has allowed them to expire on several occasions. House Democrats failed to pass a measure to extend benefits for the long-term unemployed on November 30, ensuring that the program would lapse on December 1. This was calculated to provide a cover for the coming capitulation on tax cuts for the rich, with the windfall for the wealthy packaged as a quid pro quo for extending jobless benefits.
The income and estate tax cuts for the rich, however, are to last two years, while the unemployment benefits are to be extended for only 13 months. This means that the new Congress, with an even more right-wing coloration than the present one, will decide on their further extension, in all likelihood in the negative.
Presenting the extension of the Bush tax cuts for middle-income people as a job-creation measure, Obama declared, “I am not willing to let working families become collateral damage for Washington’s political warfare.”
This comes barely a week after Obama announced a pay freeze for all civilian federal employees and broadly embraced the proposal of his deficit commission for major cuts in basic social programs, the imposition of consumption taxes, and the elimination of tax benefits for home-owners, along with huge cuts in the corporate tax rate and the income tax rate for the wealthiest Americans.
For the most part, Obama directed his fire against recalcitrant congressional Democrats, who have protested against the naked character of the White House cave-in to the Republicans. “Sympathetic as I am to those who would prefer a fight to compromise,” he declared, “it would be the wrong thing to do. The American people didn’t send us here to wage symbolic battles.”
As Democratic consultant and pundit Paul Begala said on CNN following Obama’s speech, many Democrats believe that “the president caved.” However, he continued, there was no doubt they would supply the votes needed to pass the package.
Republicans gloated over the speech. Senate Minority Leader Mitch McConnell said, “I appreciate the determined efforts of the president and vice president in working with Republicans on a bipartisan plan to prevent a tax hike on any American.” In a jab at Democratic lawmakers, he added, “I am optimistic that Democrats in Congress will show the same openness to preventing tax hikes the administration has already shown.”
Other provisions of the so-called “compromise” include a two-year extension of expanded tax credits included in Obama’s 2009 stimulus bill (Earned Income Tax Credit, Child Tax Credit, American Opportunity Tax Credit), a 2 percent cut in workers’ payroll taxes in lieu of the stimulus bill’s Making Work Pay tax credit, and a tax break for businesses that buy equipment over the next two years estimated to be worth $30 billion.
The various so-called middle-class tax credits have done virtually nothing to create jobs or cushion the impact of the slump on the working class, and will have no greater impact in the future. But the tax cuts for the wealthy will ensure a further concentration of wealth at the top of society, even as growing numbers of workers are driven into poverty as a result of mass unemployment, wage-cutting and reductions in social programs.
By Barry Grey
7 December 2010
President Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.
The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.
During the mid-term election campaign Obama demagogically denounced the Republicans for opposing his proposal to extend the Bush tax cuts only for families earning less than $250,000. The Republicans demanded instead an across-the-board extension. Obama sought to use the issue to give the Democratic campaign a populist cover, even as the White House and the Democratic-controlled Congress refused to initiate any government jobs programs or provide serious relief to the tens of millions victimized by the deepest recession since the 1930s.
Meanwhile, the Democratic congressional leadership was signaling its readiness to capitulate, with leading Democrats in the House and Senate lining up with the Republicans to demand an extension of the tax cuts for the rich. Senate Majority Leader Harry Reid called off a floor vote on the tax issue until after the November election.
Following the rout of the Democrats in the election, the result of popular disillusionment and anger over the right-wing policies of the administration, Obama has lurched even further to the right. He has embraced the Republican tax plan even though the Democrats retain large majorities in both houses of the outgoing Congress, which must vote on the measure before the end of the year. The new Congress, with a Republican majority in the House and a smaller Democratic majority in the Senate, will take office in January.
In addition to the income tax windfall for the wealthy, Obama announced his acceptance of a Republican proposal to further gut the estate tax. His “framework for a bipartisan agreement” includes raising the exemption on estate taxes to $5 million for an individual and $10 million for a family (in 2009 the individual exemption was $3.5 million), and reducing the tax rate from 45 percent to 35 percent.
This will bring the tax on inherited wealth to its lowest level since 1931, prior to the Depression-era reforms carried out by the Roosevelt administration.
Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people. He focused on the 13-month extension of long-term unemployment benefits included in the “framework,” which he presented as a major victory for the unemployed.
In previous recessions, extended jobless benefits were routinely passed by Congress, but in this slump Congress has allowed them to expire on several occasions. House Democrats failed to pass a measure to extend benefits for the long-term unemployed on November 30, ensuring that the program would lapse on December 1. This was calculated to provide a cover for the coming capitulation on tax cuts for the rich, with the windfall for the wealthy packaged as a quid pro quo for extending jobless benefits.
The income and estate tax cuts for the rich, however, are to last two years, while the unemployment benefits are to be extended for only 13 months. This means that the new Congress, with an even more right-wing coloration than the present one, will decide on their further extension, in all likelihood in the negative.
Presenting the extension of the Bush tax cuts for middle-income people as a job-creation measure, Obama declared, “I am not willing to let working families become collateral damage for Washington’s political warfare.”
This comes barely a week after Obama announced a pay freeze for all civilian federal employees and broadly embraced the proposal of his deficit commission for major cuts in basic social programs, the imposition of consumption taxes, and the elimination of tax benefits for home-owners, along with huge cuts in the corporate tax rate and the income tax rate for the wealthiest Americans.
For the most part, Obama directed his fire against recalcitrant congressional Democrats, who have protested against the naked character of the White House cave-in to the Republicans. “Sympathetic as I am to those who would prefer a fight to compromise,” he declared, “it would be the wrong thing to do. The American people didn’t send us here to wage symbolic battles.”
As Democratic consultant and pundit Paul Begala said on CNN following Obama’s speech, many Democrats believe that “the president caved.” However, he continued, there was no doubt they would supply the votes needed to pass the package.
Republicans gloated over the speech. Senate Minority Leader Mitch McConnell said, “I appreciate the determined efforts of the president and vice president in working with Republicans on a bipartisan plan to prevent a tax hike on any American.” In a jab at Democratic lawmakers, he added, “I am optimistic that Democrats in Congress will show the same openness to preventing tax hikes the administration has already shown.”
Other provisions of the so-called “compromise” include a two-year extension of expanded tax credits included in Obama’s 2009 stimulus bill (Earned Income Tax Credit, Child Tax Credit, American Opportunity Tax Credit), a 2 percent cut in workers’ payroll taxes in lieu of the stimulus bill’s Making Work Pay tax credit, and a tax break for businesses that buy equipment over the next two years estimated to be worth $30 billion.
The various so-called middle-class tax credits have done virtually nothing to create jobs or cushion the impact of the slump on the working class, and will have no greater impact in the future. But the tax cuts for the wealthy will ensure a further concentration of wealth at the top of society, even as growing numbers of workers are driven into poverty as a result of mass unemployment, wage-cutting and reductions in social programs.
OBAMA WORKS HARD FOR AMERICA'S RICH, AND MEXICO'S EXPORTED POOR! How Are the Rest of Us Doing Under "CHANGE"???
ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?
GET THIS BOOK!
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
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.
From the Inside Flap
The era of hope and change is dead....and it only took six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power
* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.
Product Details
• Hardcover: 376 pages
• Publisher: Regnery Publishing (July 27, 2009)
• Language: English
• ISBN-10: 1596981091
• ISBN-13: 978-1596981096
*
*
EVEN AT IN A PERIOD OF STAGGERING UNEMPLOYMENT AND BILLIONS PAID OUT TO ILLEGALS IN WELFARE, “FREE” BIRTHING, MEDICAL (OBAMA LIED THAT HIS OBAMACARE DID NOT INCLUDE ILLEGALS), MEX GANG VIOLENCE, OBAMA AND HIS LA RAZA DEMS PUSH FOR AMNESTY DEVICES, currently their “DREAM (FOR LA RAZA) ACT”! WE ARE MEXICO’S DREAM! WE ARE MEXICO’S WELFARE, FREE ANCHOR BABY BIRTHING CENTERS, JOBS AND JAILS PROGRAM… Illegals call it “VIVA LA RECONQUISTA”
*
Michelle Malkin
The U.S. Department of Illegal Alien Labor
President Obama's Labor Secretary Hilda Solis is supposed to represent American workers. What you need to know is that this longtime open–borders sympathizer has always had a rather radical definition of "American." At a Latino voter registration project conference in Los Angeles many years ago, Solis asserted to thunderous applause, "We are all Americans, whether you are legalized or not."
That's right. The woman in charge of enforcing our employment laws doesn't give a hoot about our immigration laws –– or about the fundamental distinction between those who followed the rules in pursuit of the American dream and those who didn't.
While in Congress, she opposed strengthening the border fence, supported expansion of illegal alien benefits (including driver's licenses and in–state tuition discounts), embraced sanctuary cities that refused to cooperate with federal homeland security officials to enforce immigration laws, and aggressively championed a mass amnesty. Solis was steeped in the pro–illegal alien worker organizing movement in Southern California and was buoyed by amnesty–supporting Big Labor groups led by the Service Employees International Union. She has now caused a Capitol Hill firestorm over her new taxpayer–funded advertising and outreach campaign to illegal aliens regarding fair wages:
"I'm here to tell you that your president, your secretary of labor and this department will not allow anyone to be denied his or her rightful pay –– especially when so many in our nation are working long, hard and often dangerous hours," Solis says in the video pitch. "We can help, and we will help. If you work in this country, you are protected by our laws. And you can count on the U.S. Department of Labor to see to it that those protections work for you."
To be sure, no one should be scammed out of "fair wages." Employers that hire and exploit illegal immigrant workers deserve full sanctions and punishment. But it's the timing, tone–deafness and underlying blanket amnesty agenda of Solis' illegal alien outreach that has so many American workers and their representatives on Capitol Hill rightly upset.
With double–digit unemployment and a growing nationwide revolt over Washington's border security failures, why has Solis chosen now to hire 250 new government field investigators to bolster her illegal alien workers' rights campaign? (Hint: Leftists unhappy with Obama's lack of progress on "comprehensive immigration reform" need appeasing. This is a quick bone to distract them.)
Unfortunately, the federal government is not alone in lavishing attention and resources on workers who shouldn't be here in the first place. As of 2008, California, Florida, Nevada, New York, Texas and Utah all expressly included illegal aliens in their state workers' compensation plans –– and more than a dozen other states implicitly cover them.
Solis' public service announcement comes on the heels of little–noticed but far more troubling comments encouraging illegal alien workers in the Gulf Coast. Earlier this month, in the aftermath of the BP oil spill, according to Spanish language publication El Diario La Prensa, Solis signaled that her department was going out of its way to shield illegal immigrant laborers involved in cleanup efforts. "My purpose is to assist the workers with respect to safety and protection," she said. "We're protecting all workers regardless of migration status because that's the federal law." She told reporters that her department was in talks with local Immigration and Customs Enforcement (ICE) officials who had visited coastal worksites to try to verify that workers were legal.
No word yet on whether she gave ICE her "we are all Americans, whether you are legalized or not" lecture. But it's a safe bet.
*
MEXICANOCCUPATION.blogspot.com
GET THIS BOOK!
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
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.
From the Inside Flap
The era of hope and change is dead....and it only took six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power
* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.
Product Details
• Hardcover: 376 pages
• Publisher: Regnery Publishing (July 27, 2009)
• Language: English
• ISBN-10: 1596981091
• ISBN-13: 978-1596981096
*
*
EVEN AT IN A PERIOD OF STAGGERING UNEMPLOYMENT AND BILLIONS PAID OUT TO ILLEGALS IN WELFARE, “FREE” BIRTHING, MEDICAL (OBAMA LIED THAT HIS OBAMACARE DID NOT INCLUDE ILLEGALS), MEX GANG VIOLENCE, OBAMA AND HIS LA RAZA DEMS PUSH FOR AMNESTY DEVICES, currently their “DREAM (FOR LA RAZA) ACT”! WE ARE MEXICO’S DREAM! WE ARE MEXICO’S WELFARE, FREE ANCHOR BABY BIRTHING CENTERS, JOBS AND JAILS PROGRAM… Illegals call it “VIVA LA RECONQUISTA”
*
Michelle Malkin
The U.S. Department of Illegal Alien Labor
President Obama's Labor Secretary Hilda Solis is supposed to represent American workers. What you need to know is that this longtime open–borders sympathizer has always had a rather radical definition of "American." At a Latino voter registration project conference in Los Angeles many years ago, Solis asserted to thunderous applause, "We are all Americans, whether you are legalized or not."
That's right. The woman in charge of enforcing our employment laws doesn't give a hoot about our immigration laws –– or about the fundamental distinction between those who followed the rules in pursuit of the American dream and those who didn't.
While in Congress, she opposed strengthening the border fence, supported expansion of illegal alien benefits (including driver's licenses and in–state tuition discounts), embraced sanctuary cities that refused to cooperate with federal homeland security officials to enforce immigration laws, and aggressively championed a mass amnesty. Solis was steeped in the pro–illegal alien worker organizing movement in Southern California and was buoyed by amnesty–supporting Big Labor groups led by the Service Employees International Union. She has now caused a Capitol Hill firestorm over her new taxpayer–funded advertising and outreach campaign to illegal aliens regarding fair wages:
"I'm here to tell you that your president, your secretary of labor and this department will not allow anyone to be denied his or her rightful pay –– especially when so many in our nation are working long, hard and often dangerous hours," Solis says in the video pitch. "We can help, and we will help. If you work in this country, you are protected by our laws. And you can count on the U.S. Department of Labor to see to it that those protections work for you."
To be sure, no one should be scammed out of "fair wages." Employers that hire and exploit illegal immigrant workers deserve full sanctions and punishment. But it's the timing, tone–deafness and underlying blanket amnesty agenda of Solis' illegal alien outreach that has so many American workers and their representatives on Capitol Hill rightly upset.
With double–digit unemployment and a growing nationwide revolt over Washington's border security failures, why has Solis chosen now to hire 250 new government field investigators to bolster her illegal alien workers' rights campaign? (Hint: Leftists unhappy with Obama's lack of progress on "comprehensive immigration reform" need appeasing. This is a quick bone to distract them.)
Unfortunately, the federal government is not alone in lavishing attention and resources on workers who shouldn't be here in the first place. As of 2008, California, Florida, Nevada, New York, Texas and Utah all expressly included illegal aliens in their state workers' compensation plans –– and more than a dozen other states implicitly cover them.
Solis' public service announcement comes on the heels of little–noticed but far more troubling comments encouraging illegal alien workers in the Gulf Coast. Earlier this month, in the aftermath of the BP oil spill, according to Spanish language publication El Diario La Prensa, Solis signaled that her department was going out of its way to shield illegal immigrant laborers involved in cleanup efforts. "My purpose is to assist the workers with respect to safety and protection," she said. "We're protecting all workers regardless of migration status because that's the federal law." She told reporters that her department was in talks with local Immigration and Customs Enforcement (ICE) officials who had visited coastal worksites to try to verify that workers were legal.
No word yet on whether she gave ICE her "we are all Americans, whether you are legalized or not" lecture. But it's a safe bet.
*
MEXICANOCCUPATION.blogspot.com
THE LOOTING OF AMERICA By Les Leopold
THERE IS A REASON WHY THE U.S. CHAMBER of COMMERCE DEMANDS OPEN BORDERS, NO BORDERS, AMNESTY AND NO ENFORCEMENT OF LAWS PROHIBITING THE EMPLOYMENT OF ILLEGALS.... THERE IS A REASON WHY MOST OF THE FORTUNE 500 ARE GENEROUS DONORS TO MEXICAN FASCIST PARTY of LA RAZA.... It's all about keeping wages depressed, and corporate profits soaring!
WHO REALLY PAYS FOR THE MEXICAN OCCUPATION?
THE LOOTING OF AMERICA… continues under OBAMA!
*
Les Leopold is the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It Chelsea Green Publishing, June 2009.
*
POVERTY RISES AS WALL ST. BILLIONAIRES WHINE!
These guys profited from puffing up the housing bubble, then got bailed out when the going got tough. (Please see The Looting of America for all the gory details.) Without taxpayer largess, these hedge fund honchos would be flat broke. Instead, they're back to hauling in obscene profits.
These billionaires don't even have to worry about serious financial reforms. The paltry legislation that squeaked through Congress did nothing to end too big and too interconnected to fail. In fact, the biggest firms got even bigger as they gobbled up troubled banks, with the generous support of the federal government. No bank or hedge fund was broken up. Nobody was forced to pay a financial transaction tax. None of the big boys had a cap placed on their astronomical wealth. No one's paying reparations for wrecking the US economy. The big bankers are still free to create and trade the very derivatives that catapulted us into this global crisis. You'd think the billionaires would be praying on the altar of government and erecting statues on Capital Hill in honor of St. Bailout.
*
While 43.6 million Americans live in poverty, the richest men of finance sure are getting pissy. First Steve Schwartzman, head of the Blackrock private equity company, compares the Obama administration's effort to close billionaires' tax loopholes to "the Nazi invasion of Poland." Then hedge fund mogul David Loeb announces that he's abandoning the Democrats because they're violating "this country's core founding principles" -- including "non-punitive taxation, Constitutionally-guaranteed protections against persecution of the minority, and an inexorable right of self-determination." Instead of showing their outrage about the spread of poverty in the richest nation on Earth, the super-rich want us to pity them?
Why are Wall Street's billionaires so whiny? Is it really possible to make $900,000 an hour (not a typo -- that's what the top ten hedge fund managers take in), and still feel aggrieved about the way government is treating you? After you've been bailed out by the federal government to the tune of $10 trillion (also not a typo) in loans, asset swaps, liquidity and other guarantees, can you really still feel like an oppressed minority?
You'd think the Wall Street moguls would be thankful. Not just thankful -- down on their knees kissing the ground taxpayers walk on and hollering hallelujah at the top of their lungs! These guys profited from puffing up the housing bubble, then got bailed out when the going got tough. (Please see The Looting of America for all the gory details.) Without taxpayer largess, these hedge fund honchos would be flat broke. Instead, they're back to hauling in obscene profits.
These billionaires don't even have to worry about serious financial reforms. The paltry legislation that squeaked through Congress did nothing to end too big and too interconnected to fail. In fact, the biggest firms got even bigger as they gobbled up troubled banks, with the generous support of the federal government. No bank or hedge fund was broken up. Nobody was forced to pay a financial transaction tax. None of the big boys had a cap placed on their astronomical wealth. No one's paying reparations for wrecking the US economy. The big bankers are still free to create and trade the very derivatives that catapulted us into this global crisis. You'd think the billionaires would be praying on the altar of government and erecting statues on Capital Hill in honor of St. Bailout.
Instead, standing before us are these troubled souls, haunted by visions of persecution. Why?
The world changed. Before the bubble burst, these people walked on water. Their billions proved that they were the best and the brightest -- not just captains of the financial universe, but global elites who had earned a place in history. They donated serious money to worthy causes -- and political campaigns. No one wanted to mess with them.
But then came the crash. And the things changed for the big guys -- not so much financially as spiritually. Plebeians, including me, are asking pointed questions and sometimes even being heard, both on the Internet and in the mainstream media. For the first time in a generation, the public wants to know more about these emperors and their new clothes. For instance:
• What do these guys actually do that earns them such wealth?
• Is what they do productive and useful for society? Is there any connection between what they earn and what they produce for society?
• Did they help cause the crash?
• Did these billionaires benefit from the bailouts? If so, how much?
• Are they exacerbating the current unemployment and poverty crisis with their shenanigans?
• Why shouldn't we eliminate their tax loopholes (like carried interest)?
• Should their sky-high incomes be taxed at the same levels as during the Eisenhower years?
• Can we create the millions of jobs we need if the billionaires continue to skim off so much of our nation's wealth??
• Should we curb their wealth and political influence?
How dare we ask such questions! How dare we consider targeting them for special taxes? How dare we even think about redistributing THEIR incomes... even if at the moment much of their money comes directly from our bailouts and tax breaks?
It's true that the billionaires live in a hermetically sealed world. But that doesn't mean they don't notice the riffraff nipping at their heels. And they don't like it much. So they've gotten busy doing what billionaires do best: using their money to shield themselves. They're digging into their bottomless war chests, tapping their vast connections and using their considerable influence to shift the debate away from them and towards the rest of us.
We borrowed too much, not them. We get too much health care, not them. We retire too soon, not them. We need to tighten our belts while they pull in another $900,000 an hour. And if we want to cure poverty, we need to get the government to leave Wall Street alone. Sadly, their counter-offensive is starting to take hold.
How can this happen? Many Americans want to relate to billionaires. They believe that all of us are entitled to make as much as we can, pretty much by any means necessary. After all, maybe someday you or I will strike it rich. And when we do, we sure don't want government regulators or the taxman coming around!
Billionaires are symbols of American individual prowess and virility. And if we try to hold them back or slow them down, we're on the road to tyranny. Okay, the game is rigged in their favor. Okay, they got bailed out while the rest of us didn't -- especially the 29 million people who are jobless or forced into part-time work. But what matters most is that in America, nothing can interfere with individual money-making. That only a few of us actually make it into the big-time isn't a bad thing: It's what makes being rich so special. So beware: If we enact even the mildest of measures to rein in Wall Street billionaires, we're on the path to becoming North Korea.
Unfortunately, if we don't adjust our attitudes, we can expect continued high levels of unemployment and more people pushed below the poverty line. It's not clear that our economy will ever recover as long as the Wall Street billionaires keep siphoning off so much of our wealth. How can we create jobs for the many while the few are walking off with $900,000 an hour with almost no new jobs to show for it? In the old days, even robber barons built industries that employed people -- steel, oil, railroads. Now the robber barons build palaces out of fantasy finance. We can keep coddling our financial billionaires and let our economy spiral down, or we can make them pay their fair share so we can create real jobs. These guys crashed the economy, they killed billions of jobs, and now they're cashing in on our bailout. They owe us. They owe the unemployed. They owe the poor.
Dwight D. Eisenhower was no radical, but he accepted the reality: If America was going to prosper -- and pay for its costly Cold War -- the super-rich would have to pony up. It was common knowledge that when the rich grew too wealthy, they used their excess incomes to speculate. In the 1950s, memories of the Great Depression loomed large, and people knew that a skewed distribution of income only fueled speculative booms and disastrous busts. On Ike's watch, the effective marginal tax rate for those earning over $3 million (in today's dollars) was over 70 percent. The super-rich paid. As a nation we respected that other important American value: advancing the common good.
For the last thirty years we've been told that making as much as you can is just another way of advancing the common good. But the Great Recession erased that equation: The Wall Streeters who made as much as they could undermined the common good. It's time to balance the scales. This isn't just redistribution of income in pursuit of some egalitarian utopia. It's a way to use public policy to reattach billionaires to the common good.
It's time to take Eisenhower's cue and redeploy the excessive wealth Wall Street's high rollers have accumulated. If we leave it in their hands, they'll keep using it to construct speculative financial casinos. Instead, we could use that money to build a stronger, more prosperous nation. We could provide our people with free higher education at all our public colleges and universities -- just like we did for WWII vets under the GI Bill of Rights (a program that returned seven dollars in GDP for every dollar invested). We could fund a green energy Manhattan Project to wean us from fossil fuels. An added bonus: If we siphon some of the money off Wall Street, some of our brightest college graduates might even be attracted not to high finance but to jobs in science, education and healthcare, where we need them.
Of course, this pursuit of the common good won't be easy for the billionaires (and those who indentify with them.). But there's just no alternative for this oppressed minority: They're going to have to learn to live on less than $900,000 an hour.
Les Leopold is the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It Chelsea Green Publishing, June 2009.
WHO REALLY PAYS FOR THE MEXICAN OCCUPATION?
THE LOOTING OF AMERICA… continues under OBAMA!
*
Les Leopold is the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It Chelsea Green Publishing, June 2009.
*
POVERTY RISES AS WALL ST. BILLIONAIRES WHINE!
These guys profited from puffing up the housing bubble, then got bailed out when the going got tough. (Please see The Looting of America for all the gory details.) Without taxpayer largess, these hedge fund honchos would be flat broke. Instead, they're back to hauling in obscene profits.
These billionaires don't even have to worry about serious financial reforms. The paltry legislation that squeaked through Congress did nothing to end too big and too interconnected to fail. In fact, the biggest firms got even bigger as they gobbled up troubled banks, with the generous support of the federal government. No bank or hedge fund was broken up. Nobody was forced to pay a financial transaction tax. None of the big boys had a cap placed on their astronomical wealth. No one's paying reparations for wrecking the US economy. The big bankers are still free to create and trade the very derivatives that catapulted us into this global crisis. You'd think the billionaires would be praying on the altar of government and erecting statues on Capital Hill in honor of St. Bailout.
*
While 43.6 million Americans live in poverty, the richest men of finance sure are getting pissy. First Steve Schwartzman, head of the Blackrock private equity company, compares the Obama administration's effort to close billionaires' tax loopholes to "the Nazi invasion of Poland." Then hedge fund mogul David Loeb announces that he's abandoning the Democrats because they're violating "this country's core founding principles" -- including "non-punitive taxation, Constitutionally-guaranteed protections against persecution of the minority, and an inexorable right of self-determination." Instead of showing their outrage about the spread of poverty in the richest nation on Earth, the super-rich want us to pity them?
Why are Wall Street's billionaires so whiny? Is it really possible to make $900,000 an hour (not a typo -- that's what the top ten hedge fund managers take in), and still feel aggrieved about the way government is treating you? After you've been bailed out by the federal government to the tune of $10 trillion (also not a typo) in loans, asset swaps, liquidity and other guarantees, can you really still feel like an oppressed minority?
You'd think the Wall Street moguls would be thankful. Not just thankful -- down on their knees kissing the ground taxpayers walk on and hollering hallelujah at the top of their lungs! These guys profited from puffing up the housing bubble, then got bailed out when the going got tough. (Please see The Looting of America for all the gory details.) Without taxpayer largess, these hedge fund honchos would be flat broke. Instead, they're back to hauling in obscene profits.
These billionaires don't even have to worry about serious financial reforms. The paltry legislation that squeaked through Congress did nothing to end too big and too interconnected to fail. In fact, the biggest firms got even bigger as they gobbled up troubled banks, with the generous support of the federal government. No bank or hedge fund was broken up. Nobody was forced to pay a financial transaction tax. None of the big boys had a cap placed on their astronomical wealth. No one's paying reparations for wrecking the US economy. The big bankers are still free to create and trade the very derivatives that catapulted us into this global crisis. You'd think the billionaires would be praying on the altar of government and erecting statues on Capital Hill in honor of St. Bailout.
Instead, standing before us are these troubled souls, haunted by visions of persecution. Why?
The world changed. Before the bubble burst, these people walked on water. Their billions proved that they were the best and the brightest -- not just captains of the financial universe, but global elites who had earned a place in history. They donated serious money to worthy causes -- and political campaigns. No one wanted to mess with them.
But then came the crash. And the things changed for the big guys -- not so much financially as spiritually. Plebeians, including me, are asking pointed questions and sometimes even being heard, both on the Internet and in the mainstream media. For the first time in a generation, the public wants to know more about these emperors and their new clothes. For instance:
• What do these guys actually do that earns them such wealth?
• Is what they do productive and useful for society? Is there any connection between what they earn and what they produce for society?
• Did they help cause the crash?
• Did these billionaires benefit from the bailouts? If so, how much?
• Are they exacerbating the current unemployment and poverty crisis with their shenanigans?
• Why shouldn't we eliminate their tax loopholes (like carried interest)?
• Should their sky-high incomes be taxed at the same levels as during the Eisenhower years?
• Can we create the millions of jobs we need if the billionaires continue to skim off so much of our nation's wealth??
• Should we curb their wealth and political influence?
How dare we ask such questions! How dare we consider targeting them for special taxes? How dare we even think about redistributing THEIR incomes... even if at the moment much of their money comes directly from our bailouts and tax breaks?
It's true that the billionaires live in a hermetically sealed world. But that doesn't mean they don't notice the riffraff nipping at their heels. And they don't like it much. So they've gotten busy doing what billionaires do best: using their money to shield themselves. They're digging into their bottomless war chests, tapping their vast connections and using their considerable influence to shift the debate away from them and towards the rest of us.
We borrowed too much, not them. We get too much health care, not them. We retire too soon, not them. We need to tighten our belts while they pull in another $900,000 an hour. And if we want to cure poverty, we need to get the government to leave Wall Street alone. Sadly, their counter-offensive is starting to take hold.
How can this happen? Many Americans want to relate to billionaires. They believe that all of us are entitled to make as much as we can, pretty much by any means necessary. After all, maybe someday you or I will strike it rich. And when we do, we sure don't want government regulators or the taxman coming around!
Billionaires are symbols of American individual prowess and virility. And if we try to hold them back or slow them down, we're on the road to tyranny. Okay, the game is rigged in their favor. Okay, they got bailed out while the rest of us didn't -- especially the 29 million people who are jobless or forced into part-time work. But what matters most is that in America, nothing can interfere with individual money-making. That only a few of us actually make it into the big-time isn't a bad thing: It's what makes being rich so special. So beware: If we enact even the mildest of measures to rein in Wall Street billionaires, we're on the path to becoming North Korea.
Unfortunately, if we don't adjust our attitudes, we can expect continued high levels of unemployment and more people pushed below the poverty line. It's not clear that our economy will ever recover as long as the Wall Street billionaires keep siphoning off so much of our wealth. How can we create jobs for the many while the few are walking off with $900,000 an hour with almost no new jobs to show for it? In the old days, even robber barons built industries that employed people -- steel, oil, railroads. Now the robber barons build palaces out of fantasy finance. We can keep coddling our financial billionaires and let our economy spiral down, or we can make them pay their fair share so we can create real jobs. These guys crashed the economy, they killed billions of jobs, and now they're cashing in on our bailout. They owe us. They owe the unemployed. They owe the poor.
Dwight D. Eisenhower was no radical, but he accepted the reality: If America was going to prosper -- and pay for its costly Cold War -- the super-rich would have to pony up. It was common knowledge that when the rich grew too wealthy, they used their excess incomes to speculate. In the 1950s, memories of the Great Depression loomed large, and people knew that a skewed distribution of income only fueled speculative booms and disastrous busts. On Ike's watch, the effective marginal tax rate for those earning over $3 million (in today's dollars) was over 70 percent. The super-rich paid. As a nation we respected that other important American value: advancing the common good.
For the last thirty years we've been told that making as much as you can is just another way of advancing the common good. But the Great Recession erased that equation: The Wall Streeters who made as much as they could undermined the common good. It's time to balance the scales. This isn't just redistribution of income in pursuit of some egalitarian utopia. It's a way to use public policy to reattach billionaires to the common good.
It's time to take Eisenhower's cue and redeploy the excessive wealth Wall Street's high rollers have accumulated. If we leave it in their hands, they'll keep using it to construct speculative financial casinos. Instead, we could use that money to build a stronger, more prosperous nation. We could provide our people with free higher education at all our public colleges and universities -- just like we did for WWII vets under the GI Bill of Rights (a program that returned seven dollars in GDP for every dollar invested). We could fund a green energy Manhattan Project to wean us from fossil fuels. An added bonus: If we siphon some of the money off Wall Street, some of our brightest college graduates might even be attracted not to high finance but to jobs in science, education and healthcare, where we need them.
Of course, this pursuit of the common good won't be easy for the billionaires (and those who indentify with them.). But there's just no alternative for this oppressed minority: They're going to have to learn to live on less than $900,000 an hour.
Les Leopold is the author of The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It Chelsea Green Publishing, June 2009.
OBAMA... Endlessly Working Hard For the Rich, His Bankster Donors & Illegals
OBAMA’S MASTERS ARE HIS BANKSTER DONORS, WALL ST. BILLIONAIRES, LA RAZA ILLEGALS, AND THE SAUDIS WAHHABI TERRORIST!
OBAMA… Bush in drag! OH, HOW HE CONNED US, AND STILL THINKS HE IS!
EVEN NOW, OBAMA, REID, FEINSTEIN, BOXER, PELOSI ARE WORKING FOR AMNESTY AND THE EVER EXPANDING MEXICAN WELFARE STATE IN OUR BORDERS!
“Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people.”
*
Obama announces deal to extend tax cuts for the rich
By Barry Grey
7 December 2010
President Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.
The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.
During the mid-term election campaign Obama demagogically denounced the Republicans for opposing his proposal to extend the Bush tax cuts only for families earning less than $250,000. The Republicans demanded instead an across-the-board extension. Obama sought to use the issue to give the Democratic campaign a populist cover, even as the White House and the Democratic-controlled Congress refused to initiate any government jobs programs or provide serious relief to the tens of millions victimized by the deepest recession since the 1930s.
Meanwhile, the Democratic congressional leadership was signaling its readiness to capitulate, with leading Democrats in the House and Senate lining up with the Republicans to demand an extension of the tax cuts for the rich. Senate Majority Leader Harry Reid called off a floor vote on the tax issue until after the November election.
Following the rout of the Democrats in the election, the result of popular disillusionment and anger over the right-wing policies of the administration, Obama has lurched even further to the right. He has embraced the Republican tax plan even though the Democrats retain large majorities in both houses of the outgoing Congress, which must vote on the measure before the end of the year. The new Congress, with a Republican majority in the House and a smaller Democratic majority in the Senate, will take office in January.
In addition to the income tax windfall for the wealthy, Obama announced his acceptance of a Republican proposal to further gut the estate tax. His “framework for a bipartisan agreement” includes raising the exemption on estate taxes to $5 million for an individual and $10 million for a family (in 2009 the individual exemption was $3.5 million), and reducing the tax rate from 45 percent to 35 percent.
This will bring the tax on inherited wealth to its lowest level since 1931, prior to the Depression-era reforms carried out by the Roosevelt administration.
Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people. He focused on the 13-month extension of long-term unemployment benefits included in the “framework,” which he presented as a major victory for the unemployed.
In previous recessions, extended jobless benefits were routinely passed by Congress, but in this slump Congress has allowed them to expire on several occasions. House Democrats failed to pass a measure to extend benefits for the long-term unemployed on November 30, ensuring that the program would lapse on December 1. This was calculated to provide a cover for the coming capitulation on tax cuts for the rich, with the windfall for the wealthy packaged as a quid pro quo for extending jobless benefits.
The income and estate tax cuts for the rich, however, are to last two years, while the unemployment benefits are to be extended for only 13 months. This means that the new Congress, with an even more right-wing coloration than the present one, will decide on their further extension, in all likelihood in the negative.
Presenting the extension of the Bush tax cuts for middle-income people as a job-creation measure, Obama declared, “I am not willing to let working families become collateral damage for Washington’s political warfare.”
This comes barely a week after Obama announced a pay freeze for all civilian federal employees and broadly embraced the proposal of his deficit commission for major cuts in basic social programs, the imposition of consumption taxes, and the elimination of tax benefits for home-owners, along with huge cuts in the corporate tax rate and the income tax rate for the wealthiest Americans.
For the most part, Obama directed his fire against recalcitrant congressional Democrats, who have protested against the naked character of the White House cave-in to the Republicans. “Sympathetic as I am to those who would prefer a fight to compromise,” he declared, “it would be the wrong thing to do. The American people didn’t send us here to wage symbolic battles.”
As Democratic consultant and pundit Paul Begala said on CNN following Obama’s speech, many Democrats believe that “the president caved.” However, he continued, there was no doubt they would supply the votes needed to pass the package.
Republicans gloated over the speech. Senate Minority Leader Mitch McConnell said, “I appreciate the determined efforts of the president and vice president in working with Republicans on a bipartisan plan to prevent a tax hike on any American.” In a jab at Democratic lawmakers, he added, “I am optimistic that Democrats in Congress will show the same openness to preventing tax hikes the administration has already shown.”
Other provisions of the so-called “compromise” include a two-year extension of expanded tax credits included in Obama’s 2009 stimulus bill (Earned Income Tax Credit, Child Tax Credit, American Opportunity Tax Credit), a 2 percent cut in workers’ payroll taxes in lieu of the stimulus bill’s Making Work Pay tax credit, and a tax break for businesses that buy equipment over the next two years estimated to be worth $30 billion.
The various so-called middle-class tax credits have done virtually nothing to create jobs or cushion the impact of the slump on the working class, and will have no greater impact in the future. But the tax cuts for the wealthy will ensure a further concentration of wealth at the top of society, even as growing numbers of workers are driven into poverty as a result of mass unemployment, wage-cutting and reductions in social programs.
*
Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
*
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
*
Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
*
• Hardcover: 256 pages
• Publisher: Regnery Press (November 30, 2009)
• Language: English
• ISBN-10: 1596986123
• ISBN-13: 978-1596986121
*
OBAMA… Bush in drag! OH, HOW HE CONNED US, AND STILL THINKS HE IS!
EVEN NOW, OBAMA, REID, FEINSTEIN, BOXER, PELOSI ARE WORKING FOR AMNESTY AND THE EVER EXPANDING MEXICAN WELFARE STATE IN OUR BORDERS!
“Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people.”
*
Obama announces deal to extend tax cuts for the rich
By Barry Grey
7 December 2010
President Obama on Monday announced his support for a two-year extension of Bush-era tax cuts for the rich, capitulating to Republican demands and reversing campaign pledges to end the windfall for families making more than $250,000 a year.
The announcement was made in a brief White House speech, after which Obama took no questions from the press. Extension of the tax cuts for the wealthy, set to expire January 1, has been a central preoccupation of the US corporate-financial elite. For precisely that reason, the cave-in by Obama and the Democratic Party on the issue was virtually assured. The extension will funnel an estimated $70 billion per year into the coffers of the rich.
During the mid-term election campaign Obama demagogically denounced the Republicans for opposing his proposal to extend the Bush tax cuts only for families earning less than $250,000. The Republicans demanded instead an across-the-board extension. Obama sought to use the issue to give the Democratic campaign a populist cover, even as the White House and the Democratic-controlled Congress refused to initiate any government jobs programs or provide serious relief to the tens of millions victimized by the deepest recession since the 1930s.
Meanwhile, the Democratic congressional leadership was signaling its readiness to capitulate, with leading Democrats in the House and Senate lining up with the Republicans to demand an extension of the tax cuts for the rich. Senate Majority Leader Harry Reid called off a floor vote on the tax issue until after the November election.
Following the rout of the Democrats in the election, the result of popular disillusionment and anger over the right-wing policies of the administration, Obama has lurched even further to the right. He has embraced the Republican tax plan even though the Democrats retain large majorities in both houses of the outgoing Congress, which must vote on the measure before the end of the year. The new Congress, with a Republican majority in the House and a smaller Democratic majority in the Senate, will take office in January.
In addition to the income tax windfall for the wealthy, Obama announced his acceptance of a Republican proposal to further gut the estate tax. His “framework for a bipartisan agreement” includes raising the exemption on estate taxes to $5 million for an individual and $10 million for a family (in 2009 the individual exemption was $3.5 million), and reducing the tax rate from 45 percent to 35 percent.
This will bring the tax on inherited wealth to its lowest level since 1931, prior to the Depression-era reforms carried out by the Roosevelt administration.
Demonstrating his cynicism and contempt for the intelligence of the American people, Obama actually sought to portray this huge boondoggle for the rich as a defense of working people. He focused on the 13-month extension of long-term unemployment benefits included in the “framework,” which he presented as a major victory for the unemployed.
In previous recessions, extended jobless benefits were routinely passed by Congress, but in this slump Congress has allowed them to expire on several occasions. House Democrats failed to pass a measure to extend benefits for the long-term unemployed on November 30, ensuring that the program would lapse on December 1. This was calculated to provide a cover for the coming capitulation on tax cuts for the rich, with the windfall for the wealthy packaged as a quid pro quo for extending jobless benefits.
The income and estate tax cuts for the rich, however, are to last two years, while the unemployment benefits are to be extended for only 13 months. This means that the new Congress, with an even more right-wing coloration than the present one, will decide on their further extension, in all likelihood in the negative.
Presenting the extension of the Bush tax cuts for middle-income people as a job-creation measure, Obama declared, “I am not willing to let working families become collateral damage for Washington’s political warfare.”
This comes barely a week after Obama announced a pay freeze for all civilian federal employees and broadly embraced the proposal of his deficit commission for major cuts in basic social programs, the imposition of consumption taxes, and the elimination of tax benefits for home-owners, along with huge cuts in the corporate tax rate and the income tax rate for the wealthiest Americans.
For the most part, Obama directed his fire against recalcitrant congressional Democrats, who have protested against the naked character of the White House cave-in to the Republicans. “Sympathetic as I am to those who would prefer a fight to compromise,” he declared, “it would be the wrong thing to do. The American people didn’t send us here to wage symbolic battles.”
As Democratic consultant and pundit Paul Begala said on CNN following Obama’s speech, many Democrats believe that “the president caved.” However, he continued, there was no doubt they would supply the votes needed to pass the package.
Republicans gloated over the speech. Senate Minority Leader Mitch McConnell said, “I appreciate the determined efforts of the president and vice president in working with Republicans on a bipartisan plan to prevent a tax hike on any American.” In a jab at Democratic lawmakers, he added, “I am optimistic that Democrats in Congress will show the same openness to preventing tax hikes the administration has already shown.”
Other provisions of the so-called “compromise” include a two-year extension of expanded tax credits included in Obama’s 2009 stimulus bill (Earned Income Tax Credit, Child Tax Credit, American Opportunity Tax Credit), a 2 percent cut in workers’ payroll taxes in lieu of the stimulus bill’s Making Work Pay tax credit, and a tax break for businesses that buy equipment over the next two years estimated to be worth $30 billion.
The various so-called middle-class tax credits have done virtually nothing to create jobs or cushion the impact of the slump on the working class, and will have no greater impact in the future. But the tax cuts for the wealthy will ensure a further concentration of wealth at the top of society, even as growing numbers of workers are driven into poverty as a result of mass unemployment, wage-cutting and reductions in social programs.
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Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
If you’ve wondered what’s happening to our country, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages” that create make-work government jobs, this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
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Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
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• Hardcover: 256 pages
• Publisher: Regnery Press (November 30, 2009)
• Language: English
• ISBN-10: 1596986123
• ISBN-13: 978-1596986121
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