Obama praises Job Exporting Treaty

Yesterday, President Barack “Wall Street” Obama praised the South Korea Free Trade Treaty that he signed into law last year. The treaty is expected to cost the USA nearly a million net jobs during the next decade. It was viciously opposed by main street in both countries and enthusiastically supported by Wall Street and Corporate [...]

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Bernanke has “finger on trigger” for new bond buys, Which suggests Obama’s view of the economy is sheer lunacy

The folks at the Federal Reserve have a grim view of the United States economy. They won’t raise historically low interest rates until late 2014, at the earliest, and Fed Chairman Ben Bernanke is ready to expand the money supply by purchasing more treasuries. This suggests Obama’s rosy outlook for the economy that he laid [...]

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Economy Shows Modest Growth–We’re Still in a Slow Motion Economic Collapse, Another Great Depression

The one thing not mentioned in the article below from the New York Times is that things are still deteriorating, economically speaking. The rich are still getting richer because the government at all levels, but at the federal level in particular, continues to redistribute income from working citizens to the affluent. Congressman Earl Blumenauer voted [...]

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Congressman Earl Blumenauer Votes to Redistribute More Income and Wealth from Working People to the Rich

Yesterday, Congressman Earl Blumenauer voted for free trade agreements with South Korea and Panama. Earl pretty much looked at the knees of his corporate masters, turned around, pushed his shorts down, bent over and said, “Here it is oh mighty rich people.” Then they screwed the rest of us by using him like a cheap [...]

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Blumenauer, Wyden and Obama Plan to Destroy More American Jobs

Oregon Senator Ron Wyden, Congressman Earl Blumenauer and President Barack Obama plan to destroy more American jobs by voting yes on the South Korea, Panama and Colombia free trade treaties. Although the treaties will eliminate US jobs, they will enhance the bottom lines of many corporations, such as Nike. When NAFTA went into effect, Mexico [...]

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Job growth zero in August: Earl Blumenauer and Ron Wyden, Fight on Behalf of Corporate America

There’s an interesting story below from Reuters about the lack of job creation in the United States during the month of August. As everybody knows, including Oregon Congressman Earl Blumenauer and Senator Ron Wyden, the lack of jobs is caused by the lack of demand for goods and services. This dismal demand for goods and [...]

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USA Rates 75th in Income Equality and We’re Getting Worse Under Obama

Using the GINI index, the United States places 75th in terms of income equality among 126 nations. Denmark has the best income equality. Japan and then Sweden are next. The world’s hottest economy, Germany, rated 13th. The United States rates right in the middle of the pack when it comes to income equality among third [...]

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Ron Wyden: A liberal Senator Wages War Against the Middle Class

The time had come to fight power with truth. That’s why I raised my hand at a town hall meeting hosted by Oregon’s liberal Democratic Senator Ron Wyden. Last January, I’d driven thirty miles from Portland to St. Helens to ask one question. There were about 150 of us. I sat and listened as people asked a variety of questions. Nobody challenged any of the senator’s canned answers.

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