He was the worst president in US history, he also was the most incompetent and perhaps the most corrupt president in US history. And so the crowd waits eagerly for the unveiling of his statue.

Posted in "John Hively", corruption, Economics, George W. Bush, immigration, income redistribution, Recessions, the Rigged Game, Uncategorized, tagged corrupt, George W Bush, pigeons, statue, Worst on Jam5000000amFri, 24 May 2013 10:40:40 +000013 10, 2010 | Leave a Comment »
He was the worst president in US history, he also was the most incompetent and perhaps the most corrupt president in US history. And so the crowd waits eagerly for the unveiling of his statue.

Posted in Economics, Recessions, the Rigged Game, Uncategorized, tagged kills, malaria, McDonalds on Jam5000000amThu, 23 May 2013 07:03:47 +000013 10, 2010 | Leave a Comment »
Posted in corruption, Economics, Recessions, the Rigged Game, Uncategorized on Jpm5000000pmMon, 20 May 2013 13:21:01 +000013 10, 2010 | Leave a Comment »
A series of bills which together called “The Wall Street Reform Act” are intended to reduce the effectiveness of the already massively watered down Dodd-Frank bill. The Act has passed out of the House Finance committee. The full House is getting ready debate this corrupt bill. The bill will let Wall Street crimes run rampant, such as providing more bribes to more members of the House of Representatives, and to create more and more bogus financial instruments whose purpose is to redistribute income from the 99 to the 1 percent.
Naturally, most Democrats and the entire Republican party will support the bill. US Middle Class Senator Elizabeth Warren has become the major opponent of the bill.
Warren said, “It is dangerous for Congress to amend the derivatives provisions of the Dodd-Frank Act.” Derivatives are financial instruments in which their value is other assets, like crop prices, interest rates and mortgages; some economists believe these products helped cause the 2007 financial collapse. So derivatives are things like credit default swaps, mortgage backed bonds, etc…
“Wall Street’s aggressive determination paid off last week” when the bills passed out of committee, Warren said. The bills also have bipartisan support, and have a good chance of being taken up in the Senate. If they do, Warren says she’ll go to battle: “Now is no time to go backwards,” she said. “I will do what I can in the United States Senate to stand up to those who would chip away at reform.”
One person who is least likely to join Warren in this battle is Wall Street Senator Ron Wyden. No doubt, either above or below the public radar, Wyden will support the bill, even if this corrupt senator publicly voices his disagreement with it.
Posted in Economics, Recessions, the Rigged Game, Uncategorized, tagged Bank of America, British Petroleum, exxonmobil, Jesus christ, Wall Street on Jam5000000amSun, 19 May 2013 07:34:22 +000013 10, 2010 | Leave a Comment »

Woe to you who are rich
Posted in auto bailout, Economics, Recessions, Uncategorized, tagged exported, Federal Reserve, jobs, manufacturing, stock market, United States, Wall Street on Jam5000000amSat, 18 May 2013 06:16:22 +000013 10, 2010 | 1 Comment »

What is the largest export product in the United States since NAFTA? The answer is simple: Jobs and with them, the US tax base that supports government services, such as roads, police and schools. These exported jobs are also what is fueling the recent gains in the stock market because the difference between the old wages and the new lower wages goes into the pockets of the 1 percent via higher corporate earnings, rising dividends and surging share prices. Coincidentally, the graph only shows job losses via export until 2010. This trend has had increase since then.

The United States is importing more manufactured goods, primarily from jobs that have been exported, or created overseas, by US corporations. In other words, the imports we purchase from overseas are from jobs that used to be, or would’ve been, in the US, in the absence of the free trade treaties that have paved the way. The difference between the old wages and the new lower wages overseas goes into the pockets of the 1 percent via higher corporate earnings, rising dividends and surging share prices.

Some of the jobs have been lost to automation, but most have been exported.

Manufacturing gone south since and because of Nafta and other trade agreements
Free Trade Agreements Mean Jobs Are Evaporating All Over the World

Cumulative Jobs Exported Since Nafta became law. These figures are from the Federal Reserve. Notice, Fed officials don’t suggest these jobs have been lost to automation.
Posted in corruption, Economics, Recessions, the Rigged Game, Uncategorized, tagged behind, Corporate interests, Fix the Debt on Jpm5000000pmFri, 17 May 2013 14:59:19 +000013 10, 2010 | 1 Comment »
Posted in corruption, Economics, Recessions, the Rigged Game, Uncategorized, tagged circular reasoning, rat race on Jpm5000000pmFri, 17 May 2013 14:39:00 +000013 10, 2010 | Leave a Comment »