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#1022611 Nov 12, 2013
After all, Barack Obama once made the following promise to the American people…
“But I want you all to know, I will not rest until anybody who’s looking for a job can find one — and I’m not talking about just any job, but good jobs that give every American decent wages and decent benefits and a fair shot at the American Dream.”
Unfortunately, things have not improved since Obama made that promise, but he has found the time to play 150 rounds of golf since he has been president.
Meanwhile, because there aren’t enough jobs, the number of Americans living in poverty continues to grow.
As I wrote about the other day, according to new numbers that were just released an all-time high 49.7 million Americans are living in poverty.
And right now 1.2 million public school students in the United States are homeless. For many more statistics like this, please see my previous article entitled “29 Incredible Facts Which Prove That Poverty In America Is Absolutely Exploding”.
The only thing that most Americans have to offer in the marketplace is their labor. If they can’t find a job, they don’t have any other way to take care of themselves and their families.
The future of the middle class in America depends upon the creation of good jobs. It really doesn’t matter how far the quantitative easing that the Federal Reserve has been doing pumps up the current stock market bubble. The American people were told that “economic stimulus” was the reason for doing all of this reckless money printing, but the percentage of working age Americans with a job is now actually lower than it was four years ago. Quantitative easing has been a complete and total failure in the job creation department, and it is doing a tremendous amount of long-term damage to our financial system.
The really frightening thing is that the Federal Reserve and the federal government have supposedly been doing all they can to try to “create jobs” and they have utterly failed. In fact, this is the first time in the post-World War II era that we have not seen an employment recovery following a recession.
And now the next wave of the economic collapse is rapidly approaching. What that hits us, millions more Americans will lose their jobs.
So the truth is that this is just the beginning of the unemployment crisis in America.
Yes, things are bad now, but soon they might get much worse.
Since: Aug 13
#1022612 Nov 12, 2013
Oh mighty interpreter, please elucidate.
“When I say ‘If you have your plan and you like it,...or you have a doctor and you like your doctor, that you don't have to change plans, what I'm saying is the government is not going to make you change plans under health reform.”
#1022613 Nov 12, 2013
MORE PROFITS LESS WORKERS THE WALL STREET BAILOUT REALLY HELPED THE WORKING CLASS Corporate Profits Soar. The Super Wealthy Reinvent American Capitalism
As U.S. corporate profits soar to record highs, food stamps for the neediest were quietly cut. The politicians who are demanding endless cuts to social programs — Democrats and Republicans alike — insist that the U.S. is broke, all the while conveniently ignoring the mountains of tax-free wealth piling up in the pockets of the super rich.
This newest flood of cash for the nation’s wealthiest 1% is a blatant government subsidy: the Federal Reserve continues to pump out an extra $75 billion a month, the vast majority of which fattens the already-bursting overseas bank accounts of the rich. Since Obama has been president this pro-corporate policy has helped funnel 95 percent of the nation’s new income to the wealth-soaked rich.
And while it’s true that the global super rich have an estimated $32 trillion [!] stashed away abroad in off shore tax havens, an even newer way to avoid taxes has gripped the endlessly-greedy minds of U.S.-based billionaires.
Instead of shielding themselves behind the classic ‘C’ corporation structure — and all the burdensome taxes and regulations associated with it — two-thirds of new corporations have “evolved” into pseudo-legal “partnership” structures, commonly referred to as “pass throughs,” the idea being that the corporate-partnership instantly passes the profits through to the shareholders, no corporate tax necessary.
The most common form of pass throughs are “innovative” variations of a Limited Liability Company, a tax structure created in 1975 for narrowly regulated purposes. But now rich investors are performing accounting and legalistic somersaults to exploit the tax structure, practices that were illegal before the regulators were “captured” by the big banks.
The pro-billionaire Economist magazine recently discussed the pass through fad:
“A mutation in the way companies are financed and managed will change the distribution of the wealth they create…The corporation is becoming the distorporation…More businesses are now twisting themselves into forms that allow them to qualify as pass throughs.”
So, for example, imagine that nine rich guys get together and call themselves a pass through corporation of some variety. They do this because they want to avoid personal liability in case things go awry. Their partnership only buys and sells stocks and goes on to make billions, while paying zero corporate taxes. When their risky bets go bust and the partnership is sued by hoodwinked investors, the company instantly declares bankruptcy, since all profits were quickly “passed through.” The partners (the nine guys) cheerfully go home to swim through their sea of cash
WALL STREET THANKS YOU PRESIDENT OBAMA THE BANKERS LOVE YOU
#1022614 Nov 12, 2013
Democrats should have never shut down the government.
Can't wait for the egg on their face (Reid & Obama) for now listening the Republicans and delaying the unconstitutional individual mandate forced upon American by the corrupt & shoddy was DemoPukes passed Obamacare.
#1022615 Nov 12, 2013
Weather Warfare: Beware the US Military’s Experiments with Climatic Warfare
‘Climatic warfare’ has been excluded from the agenda on climate change.HAARP is a weapon of mass destruction, capable of destabilising agricultural and ecological systems globally.”
“‘Climatic warfare’ potentially threatens the future of humanity, but has casually been excluded from the reports for which the IPCC received the 2007 Nobel Peace Prize.”
Pdf version of article on Weather Warfare by Michel Chossudovsky, The Ecologist, December 2007 (pdf)
Rarely acknowledged in the debate on global climate change, the world’s weather can now be modified as part of a new generation of sophisticated electromagnetic weapons. Both the US and Russia have developed capabilities to manipulate the climate for military use.
Environmental modification techniques have been applied by the US military for more than half a century. US mathematician John von Neumann, in liaison with the US Department of Defense, started his research on weather modification in the late 1940s at the height of the Cold War and foresaw ‘forms of climatic warfare as yet unimagined’. During the Vietnam war, cloud-seeding techniques were used, starting in 1967 under Project Popeye, the objective of which was to prolong the monsoon season and block enemy supply routes along the Ho Chi Minh Trail.
The US military has developed advanced capabilities that enable it selectively to alter weather patterns. The technology, which is being perfected under the High-frequency Active Auroral Research Program (HAARP), is an appendage of the Strategic Defense Initiative –‘Star Wars’. From a military standpoint, HAARP is a weapon of mass destruction, operating from the outer atmosphere and capable of destabilising agricultural and ecological systems around the world.
Weather-modification, according to the US Air Force document AF 2025 Final Report,‘offers the war fighter a wide range of possible options to defeat or coerce an adversary’, capabilities, it says, extend to the triggering of floods, hurricanes, droughts and earthquakes:‘Weather modification will become a part of domestic and international security and could be done unilaterally… It could have offensive and defensive applications and even be used for deterrence purposes. The ability to generate precipitation, fog and storms on earth or to modify space weather… and the production of artificial weather all are a part of an integrated set of [military] technologies.’
In 1977, an international Convention was ratified by the UN General Assembly which banned ‘military or other hostile use of environmental modification techniques having widespread, long-lasting or severe effects.’ It defined ‘environmental modification techniques’ as ‘any technique for changing –through the deliberate manipulation of natural processes – the dynamics, composition or structure of the earth, including its biota, lithosphere, hydrosphere and atmosphere, or of outer space.’
While the substance of the 1977 Convention was reasserted in the UN Framework Convention on Climate Change (UNFCCC) signed at the 1992 Earth Summit in Rio, debate on weather modification for military use has become a scientific taboo.
#1022616 Nov 12, 2013
Everyone sober is looking forward to Obama's retirement.
#1022617 Nov 12, 2013
Have another vodka and even your race card usage may go away.
#1022618 Nov 12, 2013
SANDY GAVE OBAMA A SECOND TERM The HAARP Programme
Established in 1992, HAARP, based in Gokona, Alaska, is an array of high-powered antennas that transmit, through high-frequency radio waves, massive amounts of energy into the ionosphere (the upper layer of the atmosphere). Their construction was funded by the US Air Force, the US Navy and the Defense Advanced Research Projects Agency (DARPA). Operated jointly by the Air Force Research Laboratory and the Office of Naval Research, HAARP constitutes a system of powerful antennas capable of creating ‘controlled local modifications of the ionosphere’. According to its official website, www.haarp.alaska.edu , HAARP will be used ‘to induce a small, localized change in ionospheric temperature so physical reactions can be studied by other instruments located either at or close to the HAARP site’. HAARP array of antennas
But Rosalie Bertell, president of the International Institute of Concern for Public Health, says HAARP operates as ‘a gigantic heater that can cause major disruptions in the ionosphere, creating not just holes, but long incisions in the protective layer that keeps deadly radiation from bombarding the planet’.
Physicist Dr Bernard Eastlund called it ‘the largest ionospheric heater ever built’. HAARP is presented by the US Air Force as a research programme, but military documents confirm its main objective is to ‘induce ionospheric modifications’ with a view to altering weather patterns and disrupting communications and radar.
According to a report by the Russian State Duma:‘The US plans to carry out large-scale experiments under the HAARP programme [and] create weapons capable of breaking radio communication lines and equipment installed on spaceships and rockets, provoke serious accidents in electricity networks and in oil and gas pipelines, and have a negative impact on the mental health of entire regions.’*
An analysis of statements emanating from the US Air Force points to the unthinkable: the covert manipulation of weather patterns, communications and electric power systems as a weapon of global warfare, enabling the US to disrupt and dominate entire regions. Weather manipulation is the pre-emptive weapon par excellence. It can be directed against enemy countries or ‘friendly nations’ without their knowledge, used to destabilise economies, ecosystems and agriculture. It can also trigger havoc in financial and commodity markets. The disruption in agriculture creates a greater dependency on food aid and imported grain staples from the US and other Western countries.
HAARP was developed as part of an Anglo-American partnership between Raytheon Corporation, which owns the HAARP patents, the US Air Force and British Aerospace Systems (BAES).
The HAARP project is one among several collaborative ventures in advanced weapons systems between the two defence giants. The HAARP project was initiated in 1992 by Advanced Power Technologies, Inc.(APTI), a subsidiary of Atlantic Richfield Corporation (ARCO). APTI (including the HAARP patents) was sold by ARCO to E-Systems Inc, in 1994. E-Systems, on contract to the CIA and US Department of Defense, outfitted the ‘Doomsday Plan’, which ‘allows the President to manage a nuclear war’.Subsequently acquired by Raytheon Corporation, it is among the largest intelligence contractors in the World. BAES was involved in the development of the advanced stage of the HAARP antenna array under a 2004 contract with the Office of Naval Research.
The installation of 132 high frequency transmitters was entrusted by BAES to its US subsidiary, BAE Systems Inc. The project, according to a July report in Defense News, was undertaken by BAES’s Electronic Warfare division. In September it received DARPA’s top award for technical achievement for the design, construction and activation of the HAARP array of antennas.
#1022619 Nov 12, 2013
It's the vodka, lily.
#1022620 Nov 12, 2013
Hillary is a man, and her real name is Larry...
#1022621 Nov 12, 2013
Don't be so hard on yourself, lily. Now have another swig.
#1022622 Nov 12, 2013
More Criminal Fraud:‘Obamacare’ Transfers $100-$300 Billion/Year from 99% to 1%
so-called “Obamacare” is economic fascism because it dictatorially transfers $100 billion to $300 billion every year from the 99% to 1% so-called “health care” oligarchs, according to every cost-benefit analysis compared to single-payer universal health care that I could find.“Obamacare” is also criminal fraud by US government so-called “leaders” because they have legal fiduciary responsibility to fully communicate options in trust of public money.
OBVIOUSLY, failure to communicate annual savings of $100 billion to $300 billion while transferring this to 1% oligarchs points to massive crime.
Moreover, stories that point to tragic-comic cost increases and cancellations strengthen the case for criminal investigation of financial gains from government insiders at the expense of the public they’re sworn to serve.
A related problem is the cartel of pharmaceutical companies colluding with our government “leaders” for padded industry profits. Dr. Marcia Angell, former Editor in Chief of the New England Journal of Medicine and currently a Senior Lecturer at Harvard Medical School documents:
The combined profits for the ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together ($33.7 billion).
Dr. Angell concludes that US government will never provide universal health care because both political parties’“leadership” obeys health insurance companies’ lobbyists rather than legislate for the public good.
This is just one detail of ~100 crucially important areas where the 99% are being harmed and plundered. These “policies of public service” will continue until critical mass of the 99% evoke demand to arrest these OBVIOUS criminals.
As I’ve argued, perhaps the easiest cases for criminality is in their unlawful Wars of Aggression all based on known lies as they were told, what we use for money that only and always increases the 99%’s debt, and “covering” these crimes by corporate media.
And as I’ve asked, if you have a better path to end these crimes than demanding arrests of their “leaders,” now’s the time to act.
#1022623 Nov 12, 2013
Signs the Progressive Economy is on fire!
US imports cement!
"...in 2008 by 11.5 million metric tons of imported cement and cement clinker. About 90.2% of cement and clinker imported in 2008 came from five major countries: China, Canada, Columbia, Mexico, and the Republic of Korea."
Since: Dec 08
gauley bridge wv
#1022624 Nov 12, 2013
They won't believe you.
#1022625 Nov 12, 2013
Signs the Progressive Economy is on fire!
US imports 'bricks'!
"In 2012, imports of silica bricks and shapes from China were at an estimated 25.7 million U.S. dollars, according to the U.S. Commerce Department."
#1022627 Nov 12, 2013
Under what is commonly known as Obamacare, all those who are not insured through their employer or through a government program such as Medicare or Medicaid, with a few exceptions, must obtain insurance or pay a penalty. Pushing back the deadline, or delaying it by as much as a year as a number of Congressional Republicans have demanded, would block this key provision, which the administration hopes will force millions of people to purchase coverage from private insurers on the exchanges.
An outright collapse of the HealthCare.gov site would signal more than technical ineptitude and mismanagement on the Obama administration’s part. Enrollment under the threat of penalty through the “individual mandate”—providing the insurance companies with millions of new cash-paying customers—is the only substantial component of Obamacare.
There are no plans to train new doctors and nurses, or to expand health care to the rural poor, or to launch a nationwide program aimed at eradicating hunger and disease. Rather than initiating social reforms, the health care legislation is aimed at increasing levels of social inequality and setting up a more heavily class-based health care system in America.
This is why Barack Obama has gone to absurd lengths and resorted to outright lies in a public relations campaign aimed at damage control over the beleaguered insurance exchange web site. Defending the health care legislation in an appearance Wednesday before a group of volunteers in Texas, the president said,“We were able to get it done in part because of grass-roots folks like you that fought so hard to make sure we were able to deliver on universal health care.”
Obama’s claim that the health bill will provide anything approaching “universal health care” is an insult to the intelligence of the American people. Even if the web site were running smoothly, the Congressional Budget Office has projected that the health care overhaul will leave 31 million people uninsured, and about 6 million of these will pay penalties. These figures include undocumented immigrants who do not qualify for government subsidies to purchase coverage, millions of the very poor whose resident states are not expanding Medicaid, and those who choose to pay a penalty because they cannot afford insurance, with or without government subsidies.
Many of those who have somehow managed to access HealthCare.gov and peruse the policies available for purchase have also been in for a rude shock. While days before the web site launch Obama was promising that many plans on the exchanges “will cost much less than they do now,” people are finding that the least expensive priced plans come with the highest out-of-pocket costs due to annual deductibles and cost-sharing.
In the course of the disastrous web site rollout the president has been caught in yet another lie, his oft repeated claim that “If you like your health plan, you can keep it.” It has been revealed that the White House was aware as early as June 2010 that an estimated 40 to 67 percent of the 14 million Americans who purchase health insurance on the individual market would be dropped by their insurers. Millions of people have already received cancellation notices, and many are finding that replacement policies are priced substantially higher.
As the fallout over the federal web site continues, one of the more insidious objectives of the health care overhaul is also becoming clearer. Behind the doubletalk of providing “universal” and “affordable” coverage, from the outset the health care legislation has been devised as a means of dismantling the employer-based system of insurance that for decades has guaranteed a basic level of health care for millions of workers in the US.
#1022628 Nov 12, 2013
Signs the Progressive Economy is on fire!
US imports Charcoal!
$26,878,375,586 worth from Canada!!!!
#1022629 Nov 12, 2013
You're probably the only one who would read anything from that crazy
#1022630 Nov 12, 2013
Signs the Progressive Economy is on fire!
US imports pencils!
"China accounted for $59.7 million, or 37 percent, of the value of pencils imported by the United States last year..."
#1022631 Nov 12, 2013
Why the Feds don't care about manufacturing...
"The United States collected more than $32 billion in tariffs in fiscal 2010..."
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