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Posts Tagged ‘Barack Obama’

“More than a decade after George W Bush launched it, the “war on terror” was supposed to be winding down. US military occupation of Iraq has ended and Nato is looking for a way out of Afghanistan, even as the carnage continues. But another war – the undeclared drone war that has already killed thousands [...]

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“Americans who went to the polls in 2008 believing that a vote for Barack Obama was a vote for peace, now face the prospect of a presidential election in which both major party candidates will be openly wedded to endless war, cold-blooded “targeted killings,” record military budgets, and the systematic violation of U.S. and international [...]

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The Obama administration quickly allied itself with Wall Street after the 2008 election and ignored advice for larger stimulas from economists such as Paul Krugman and George Stiglitz, both economic noble prize winners. Obama decided to rescue Wall Street rather than main street, he decided to favor the 1 over the 99 percent. Now he [...]

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Senator Ron Wyden, who is supposed to represent the people of Oregon, but who represents the 1 percent of people who use Wall Street to steal money from the 99 percent, is not happy with the latest income redistribution scam put forth by the Obama administration. That scheme seeks to redistribute more and more income [...]

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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 [...]

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(Reuters) – “The number of Americans claiming unemployment benefits for the first time fell only slightly last week, suggesting that job growth in April will not improve much after March’s disappointing performance.” The economy is weak because demand is weak and that is due to the massive redistribution of income and wealth the federal government [...]

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The rigged economic game continues and has gotten more one-sided. A new study below shows that the one percent extracted 93 percent of total US income growth from 2009 to 2010. The rest of us shared the 7 percent. This occurred through their manipulation of the government. Studies will likely show roughly the same numbers [...]

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Wall Street Mitt is at it again. He blamed Obama for the massive job losses suffered by women even though those losses mostly came at the hands of Republicans. The Republicans have targeted public sector employees and women have been devastated by these job losses. “Heavy job losses in public sector employment have disproportionately affected [...]

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According to the Guardian Newspaper, “The potential for a trade war is hovering in the background as Congress and the Republicans agitate over what they regard as underhanded tactics by Beijing. Mitt Romney, the likely Republican presidential candidate in November, is threatening important restrictions and other barriers because of China’s alleged currency undervaluation.” Some of [...]

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Unemployment is almost back to where it was before the recession hit back in December 2007. Or is it? I have my doubts; very serious doubts. Click below to see the interactive map of employment state-by-state. click here for the complete story

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