The Two Fundamental Problems With American Politics

80 percent of Democrats and 100 percent of Republicans in congress and in the white house represent only the interests of their factions of the 1 percent, corporations and Wall Street. That’s why both parties exclusively create and enact legislation on the federal level that redistributes income from the 99 to the 1 percent, such as free trade treaties.

To divide us against our common enemies, which is both major political parties, they play a game. It’s called divide and conquer via social issues, such as gun control, gay marriage, abortion, flag burning, race, ethnicity, illegal immigration, legal immigration, and everything else you can think of.

The golden rule dictates why this has happened in Washington D.C.; he who has the gold makes the rules. Restore democracy and end dictatorship of the rich by getting money out of politics.

And by the way, it has become quite obvious, that on pretty much all legislation that redistributes income from the 99 to the 1 percent, and any other piece of legislation that helps to sustain this, such as the NSA domestic spying program, the US Supreme Court will always side with big money regardless of what the US Constitution or any US laws say. That’s why we’re playing in a rigged game.  That’s why President Obama sides with Monsanto against the health of the American people, that’s why the government coordinated the attacks on Occupy Wall Street…..etc….

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The Government Has Access to Every Phone Call and Email and It Doesn’t Do What?

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Republicans Are Trying to Kill a Citizen Watchdog

“If you’d like to know why Republicans are trying to shut down the Consumer Financial Protection Bureau, take a look at three things the agency has already accomplished in its first 18 months:

1. It called a halt to predatory practices by mortgage lenders, ensuring that borrowers are not saddled with loans they can’t afford and preventing brokers from earning higher commissions for higher interest rates.

2. It won an $85 million settlement from American Express, which it accused of deceptive and discriminatory marketing and billing practices.

3. It opened an investigation into questionable marketing practices by banks and credit card companies on college campuses, which often take place after undisclosed financial arrangements are made with universities.

The consumer bureau has taken seriously its mandate to protect the public from the kinds of abuses that helped lead to the 2009 recession, and it has not been intimidated by the financial industry’s army of lobbyists. That’s what worries Republicans. They can’t prevent the bureau from regulating their financial supporters. Having failed to block the creation of the bureau in the 2010 Dodd-Frank financial reform bill, they are now trying to take away its power by filibuster, and they may well succeed.”

It looks like the consumer bureau is taking its mandate seriously enough to protect the public from the kinds of abuses that helped lead to the 2007-09 recession, brought on by redistributing income from the 99 to the 1 percent over the previous thirty years, as well as abuses by Wall Street frims. The agency has not been intimidated by the financial industry’s army of lobbyists. That’s what worries Republicans. They can’t prevent the bureau from regulating their financial supporters. Having failed to block the creation of the bureau in the 2010 Dodd-Frank financial reform bill, they are now trying to take away its power by filibuster, and they may well succeed.

“The bureau cannot operate without a director. Under the Dodd-Frank law, most of its regulatory powers — particularly its authority over nonbanks like finance companies, debt collectors, payday lenders and credit agencies — can be exercised only by a director. Knowing that, Republicans used a filibuster to prevent President Obama’s nominee for director, Richard Cordray, from reaching a vote in 2011. Mr. Obama then gave Mr. Cordray a recess appointment, but a federal appeals court recently ruled in another case that the Senate was not in recess at that time because Republicans had arranged for sham sessions.

If this is upheld by the Supreme Court, is likely to apply to Mr. Cordray as well, and that could invalidate the rules the bureau has already enacted. The president has renominated Mr. Cordray, but Republicans have made it clear that they will continue to filibuster, using lying arguments to keep the agency from operating.

A week ago, 43 Senate Republicans wrote the president, and vowed to block any nominee if “key structural changes” are not made. This includes a “bipartisan commission” to run the agency, which most likely will be made up of Wall Street drones.

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Occupy Wall Street to Launch Debt Forgiveness Plan

Occupy Wall Street is gearing up a campaign for debt forgiveness. Check out the link below.

Occupy Wall Street to Launch Debt Forgiveness Plan

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What did President Dwight Eisenhower Say About Mitt Romney, Paul Ryan and the Modern Republican Party??

Below is what Republican US President Dwight D. Eisenhower thought of Wall Street Mitt the Twit Romney, his VP choice Paul Ryan and the rest of the modern Republican Party.

“Should any political party attempt to abolish Social Security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things… (Mitt Romney and Paul Ryan come to mind). Their number is negligible and they are stupid.”

One could say that the Twit Twins (Mitt and Paul Ryan) are just serving their Wall Street masters in redistributing the income of the 99 percent to the 1 percent. But it’s not just Republicans doing this. Democrat Wall Street Senator Ron Wyden is trying to do the same thing. Yes, he is a stupid Wall Street drone bee.

Source (Eisenhowermemorial.org

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More Analysis From Alan Grayson on the State of Middle Class America

The Federal Reserve just released its Survey of Consumer Finances, the only government survey of wealth in America. The Survey is conducted every three years. This survey, conducted in 2010, is the first one to reflect the effects of the Wall Street Meltdown in 2008.

How does it look? Bad. Really, really bad.

The median wealth of American families (meaning half above and half below) dropped from $126,400 in 2007 all the way down to $77,300 in 2010. That’s a 39% slide. It puts the median net worth of American families at its lowest level since 1995, fifteen years earlier.

About 12% of American families have a negative net worth. Meaning that they’re broke.

Among Americans with no high school diploma (15 percent of the adult population), median wealth plunged from $34,800 in 2007 to $16,100 in 2010, a 54% drop. That is the lowest level since at least the Fed’s 1983 survey, maybe earlier. So three decades of progress have been wiped out.

Among minorities, median wealth plunged from $29,700 to $20,400. That is the lowest level since 1992. White median wealth is now 540% higher than minority median wealth.

The median value of American homes dove from $209,500 in 2007 to $170,000 in 2010. But the median mortgage was almost completely unchanged: $74,700 in 2007, $74,100 in 2010. So debt payments increased from 7% of income to 11% of income.

In 2007, the bottom 25% had a net worth of $14,800 or less. In 2010, the bottom 25% had a net worth of $8,300 or less, a 44% decline.

In 2007, the top 10% had a net worth of $955,600 or more. In 2010, the top 10% had a net worth of $952,500, a decline of less than 1%.

Let me sum it up for you: In the greatest economic crisis that the United States has faced since the Great Depression, the rich barely lost a nickel. But the poor definitely got poorer. And people in the middle were crushed.

If this continues any longer, then we can invite a priest to administer last rites to the American Middle Class.

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On Behalf of the 99 Percent; Attack of the Ice Cream Master!

Ben Cohen is the co-founder of Ben & Jerry’s ice cream. He’s also a financial backer of the Occupy movement. Cohen says he is helping to launch “a campaign this summer to highlight the influence of corporate money in American politics.”

“Cohen and the Move to Amend advocacy group will distribute rubber stamps with anti-corporate election spending messages so that the politically minded can mark their dollar bills. The end goal: To secure a constitutional amendment saying corporations do not enjoy the same protected rights as individuals and that money is not a form of speech.”

Click the link below for the complete story.

Ben Cohen; Attack of the Ice Cream Master!

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Video–Occupy Dallas Spreads the Word on Obama’s War Against the Middle Class Via The Trans Pacific Free Trade Treaty

Let’s get something straight. President Obama is a tool of Wall Street in its war against the middle class. He is their class warrior. The Obama team is negotiating to ship more jobs overseas, gut US laws and do a lot of other nasty stuff to the middle class. Check out the video below from Occupy Dallas.

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Did Obama Approve of Same Sex Marraige Because It was the Easiest, Most Pain Free Way to Rally the Base?

President Obama has said that he supports same sex marriage. It was a simple, calculated political move. The Democratic base had nothing to rejoice about Obama. He’d given the rich everything they could have wanted during his presidency, most of which his working class base had been against.

He needed to find something he could support, something that would fire up his theoretical base, but not arouse his real base, and so same sex marriage became the way to go. That’s because Obama’s real base is the one percent, and in particular it is Wall Street. The theoretical base is the votes, the real base is the money. Obama was worried about getting enough people to vote for him.

A better issue for Obama would’ve been supporting rising taxes on the rich, since low taxes on them destroy jobs and buy politicians. That’s how the one percent has stolen 93 percent of total US income growth since 2009. But Obama wouldn’t want us to know that, nor does he want to change the status quo. So like any good corporate owned candidate, and especially like Republicans, Obama chose a social issue in which to rally the theoretical base, all while ensuring the one percent picked the pockets of the 99 percent by using government legislation. This way he’ll continue to get the money, as well as the votes.

The presidential election of 2012 is rigged to ensure that a Wall Street candidate gets the office; our choice will be simple; Wall Street Obama or Wall Street Mitt. It’s time to take to the streets: Occupy!

Obama talks gay marriage, but not the financial rape of the 99 percent by the one percent

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Occupation Nation: a remix movie exploring the philosophical roots of the recent movement for the 99%.

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