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Posts Tagged ‘2015’

According to the Economic Policy Institute, “The state employment and unemployment figures for October, released today (Dec 4, 2015) by the Bureau of Labor Statistics, were slightly more encouraging than the previous few months. Job growth remained steady in most states and unemployment rates ticked down slightly more, on average, than was the case heading into fall. Still, the U.S. labor market is far from fully healed. In fact, this month’s report marks something of a bittersweet milestone: there are now 25 states that have reached their pre-recession unemployment rates. Only 25 more to go.

These statistics understate the level of unemployment by a fairly hefty margin. The number of full time jobs are at a low level not seen since 1980, when the economy and population were about half of what they are now.

These sobering statistics reveal that this is the worst economic expansion in US history for the middle class. It also is following a trend. The second worst economic expansion was the previous one. As predicted in The Rigged Game: Corporate America and a People Betrayed, the impacts of the next recession will be longer and deeper for the declining middle class, as well as for the working and poor classes. That’s because millions of jobs are being shipped overseas, and the difference between the old US wages and the new lower foreign wages goes straight into the pockets of the super rich via higher corporate profits, rising share prices, and surging dividends. That’s precisely why and how the 1 percent have stolen over 37 percent of all income produced in the United States in 2015, compared to 8 percent in 1980. Those figures are also why job and wage growth are the worst of any economic expansion in US history.

The 99 percent received only 63 percent of all the income in 2015, compared to 92 percent in 1980. This is why demand for goods and services is slack in 2015 compared to 1980, which is precisely why job growth is pathetic more than six years after the last recession ended. These figures are also why the stock markets have surged over the same period. The rich have used their ill gotten gains to bid up the price of stocks and bonds. The price for politicians has also surged, which is why the rich also heavily invest in politicians, which is why the rich have gotten richer at the expense of the 99 percent.

For example, Wall Street senator’s Ron Wyden, Mitch McConnell and Orrin Hatch have led the charge to ship jobs overseas, and redistribute income and wealth from the 99 to the 1 percent using government power. Nowadays, these scammers for the one percent are championing the Trans Pacific Partnership, the largest income and redistribution scam in US history, although it’s falsely marketed as a trade treaty. If this treachery passes congress, anticipate the middle class, currently 50 percent of all adults (down from 61 percent in 1970), will shrink down to 35-40 percent, and the rich will reach a milestone of stealing 50 percent of all US income by 2017, thanks to their henchmen in congress.

As for the report by the Economic Policy Institute, from July to October, 37 states and the District of Columbia added jobs, with Idaho (+1.5 percent), Nebraska (+1.2 percent), and Arizona (+1.1 percent) posting the largest percentage gains. The gains in Idaho and Arizona exemplify the strong growth experienced in a number of western states of the past year. Since October of 2014, states in the West—particularly those off the coast, such as Utah, Idaho, and Nevada—have had the strongest job growth nationwide. Job totals fell in 13 states from July to October, although only North Dakota’s (-0.7 percent) and Louisiana’s losses (-0.3 percent) seem indicative of a trend.

Unemployment rates fell in 40 states plus the District of Columbia since July. The largest reductions were in Missouri (-0.8 percentage points), South Carolina (-0.8 percentage points), Mississippi (-0.6 percentage points), New York (-0.6 percentage points), Ohio (-0.6 percentage points), South Dakota (-0.6 percentage points), Virginia (-0.6 percentage points), and West Virginia (-0.6 percentage points).”

Check out the whole story by clicking on the following link.

How Strong in the US Economic? Six years after the end of the last recession, unemployment is still higher than it was before the recession–Economic Policy Institute

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Below is a campaign video of a presidential candidate, almost any presidential candidate. All of the candidates continue to say the same generic bullshit, with the exception of two candidates. Check out the video below.

With the exception of Donald Trump and US Senator Bernie Sanders, all of the presidential candidates pretty much are backed by the same corporations, whether it’s big oil, or Wall Street. That’s why they all all kind of sound the same. There is virtually no difference in what they support between Hillary and Jeb, although the Bush man did oppose border fences. With exception of the deep pockets of Trump, and the massive grassroots network being developed by Sanders, the other candidates are toadies to big business, of one kind or another. This suggests that Trump and Sanders are the only two candidates with any independence from the big money boys. Stunningly, both Sanders and Trump support raising taxes on the rich, and for Trump, that means raising his own taxes. Hillary and Jeb are part of presidential dynasties and are worth millions. Bernie, by comparison, is a pauper whose total net work is close to the average citizen. Trump’s billions allow him to say anything to anybody since he is the principal financier of his campaign. Everybody else needs to be careful about who they offend.

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Bernieclass-full

Presidential candidate Bernie Sanders took questions from the press after speaking to 2,000 people in Dubuque, Iowa. The object of the corporate press is to keep the eyes of the 99 percent off the issues. One blogger asked Senator Sanders if he thought his rumpled hair got as much press time as Hillary Clinton’s hair. Sander’s eloquently explained to the reporter that he was running for president on serious issues, and that the question of hair wasn’t something worth answering. He went on to explain what his campaign was about, and in the video, Bernie explains the issues of the day, which few of the candidates for US president this year want to discuss. While Bernie wants to discuss growing income inequality, Hillary and others want to discuss hair and the dangers of ISIS slipping something into your chips and beer during college football season. It’s a great video and worth a look.

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Last night, July 29 2015, over 100,000 US citizens gathered in house parties, union halls, businesses, and churches to kickoff the Bernie Sanders for president campaign.

I attended the one held at an outdoor business called Backtracker, where an estimated 500 people showed up. Thousands of Oregonians met all over the state in similar meetings. This meeting was duplicated all over the US in over 3500 locations. Most of these events had been maxed out and were no longer taking volunteers.

It was a historic evening — the largest campaign gathering of this election by a huge margin, and also in US history. And at every event, people signed up to volunteer and committed themselves to building a movement capable of winning an election and reclaiming our democracy from the billionaire class.

In American politics, there are two primary sources of power: organized people, and organized money. Last night proved that Bernie has the people and that he’s well organized.

When the people stand together, there is nothing we cannot accomplish, even when the Republican and Democratic leadership, along with their billionaire masters, try to steal the election from Bernie using every vile and illegal trick in the book.

Not only can Bernie win Democratic primary, but in a recent poll, he won against every Republican candiate for president. So Senator Sanders can win the general election. When that occurs, we can ensure that no one who works a full-time job lives in poverty. We can provide education as a right for all Americans, not just wealthy families. We can guarantee health care as a right, not a privilege, in this country. We can solve the minor problems for social security recipients, like raising the amount people receive, simply by eliminating the unconstitutional cap on contributions created for millionaires and billionaires.

Nothing significant in this country happens in terms of change unless a strong grassroots movement takes place. US Senator Bernie Sanders has just initiated one great grassroots movement, which is nothing more than a political revolution.

Check out the video below for more information on those poll numbers.

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Something unprecedented is going to happen tonight. Will you be able to say that you were a part of it?

Wednesday, July 29—in 3,146 homes, town squares, coffee shops and union halls, more than 82,000 people who support Bernie Sander’s campaign will participate in their first organizing meeting. They will see Bernie via live video, make new friends and help build the movement that’s taking our country back from the billionaire class.

Will you be a part of it?

Click below if you are interested.

Yes, I want to be a part of this. Which meetings can I go to?

Or

I can’t make it, but I am willing to contribute $10 to help support these meetings

We’ve got the people on our side—not the billionaires. Your small donations pay for the basic infrastructure that allows this movement to grow and grow and grow.

Here’s what history looks like. Each dot on this map is an organizing meeting happening Wednesday night:

BSAN_July29map_150723_600px

No other presidential campaign has had this many grassroots events this early on in the race—not even President Obama. That’s what I mean when I say tonight will be historic.

At tonight’s organizing meetings, supporters in your community will meet each other and share their stories about why they support Bernie. Then there will be a live video of Bernie speaking about what our next steps will be to build our campaign in your neighborhood.

It’s going to be a big night. Take back your government. Join us.

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“A runoff that was expected to be a slam dunk for Rahm Emanuel is turning out to be uncomfortably — even dangerously — close, leading the Chicago mayor to ready a scorched-earth offensive to save his job.

Recent polling shows the race between Emanuel and his unknown and underfunded rival, Jesus “Chuy” Garcia, has closed to within single digits. With local and national progressive groups lining up behind Garcia and promising to pour cash into the effort to deny Emanuel a second term, the mayor is suddenly scratching and clawing for his political existence.

“In Chicago, politics is a contact sport, and it looks like we’re going to have one of those full-contact battles,” said Bill Daley, a former White House chief of staff whose father and brother each served as Chicago mayor for more than 20 years.”

Rahm has always represented the 1 percent, and so, in Oregon, we have a problem politician.

We need to get rid of Wall Senator Ron Wyden because on all economic issues this guy sides with the 1 percent, especially when his vote matters. We’re building the grassroots here in Oregon that can take this guy down, perhaps within the next election cycle.

Even if Garcia does not become the mayor of Chicago, he’s very close, and maybe the next election Rahm and his Wall Street allies will be gone.

For more of what’s going on in Chicago, click the links below.

GO! Chicago! GO!

Read more: Rahm Emmanuel can actually lose the Mayor’s race–Politico.com

Click on the link below for more on this story.

Chicago Teachers Take On Rahm Democrats–Labor Notes

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According to Mark Graves, a reporter with the Oregonian newspaper, itself a master of propaganda on behalf of the super rich in their war against the middle class, oil prices have been undergoing a normal, mild seasonal price rise lately, and this accounts for the rise in oil prices of about 30 percent over the last three weeks. In the February 25 edition of the Oregonian newspaper he wrote, “Refineries are in the midst of conducting seasonal maintenance, a process that can limit fuel production and put upward pressure on pump prices.”

However, another source suggests a different scenario for why gas prices are rising. Bloomberg News actually did some investigation and discovered that, “U.S. drillers are idling rigs at a record pace, gutting investment plans and laying off thousands of workers…. The number of rigs drilling for oil in the U.S. dropped by 37 last week to 1,019, the fewest since July 2011, data from Baker Hughes Inc. showed Feb. 20. Since Dec. 5, a total of 556 have been taken out of service. Oil explorers including Royal Dutch Shell Plc and Chevron Corp. have announced spending cuts of almost $50 billion since Nov. 1.”

In other words, US oil corporations are cutting production to jack up prices, because the Saudi’s and other OPEC nations refuse to do so. This is called a conspiracy in restraint of trade, which is illegal. This action also has nothing to do with seasonal maintenance whatsoever since they’re shutting down oil rigs and cutting production.

When was the last time we saw a 30 percent increase in gasoline prices in February due to “Refineries conducting seasonal maintenance? How about never. Just take a look at the graph below.

The graph shows gasoline prices did slide up in price in February, but none of the years shown from 2008 to 2013 demonstrates an rise of 25 percent in the average price of gasoline from February to March.  In 2010 there was virtually no increase in prices.

Therefore, one can see that Bloomberg news report being the more accurate of the two reports. Graves report is either simplistically thought out, or it is a case of pure misleading propaganda. He is factually correct that prices normally rise in late winter and early spring, but this doesn’t entirely account for the bulk of the increase in gasoline prices in the last three weeks.

And this is how the corporate propaganda machines tell you only what they want you to believe, which is often not true at all. Check out the Bloomberg report below the graph.

saudis-bold-gambit-paying-off-just-three-months-later-energy–Bloomberg News

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