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Posts Tagged ‘Hillary Clinton’

The activist corporate conservative justices have reinterpreted the US Constitution over the decades giving corporations all the legal rights and none of the responsibilities of real people, and then giving corporations free speech rights, which has then been used to roll back 100 years of campaign finance spending laws.

These conservative justices are not and never have been original intent jurists, as they claim. If anybody tells you the US Constitution is not a legal contract that is open to reinterpretation in a manner inconsistent with the desires of the founding fathers, they are wrong, and all you need to do is point to the modern conservative justices who represent only one economic class in the United States, and it isn’t the 99 percent (currently Neil Gorsuch, Clarence Thomas, John Roberts, Samuel Alito and Anthony Kennedy).

Since Neil Gorsuch made his way to a supreme court seat earlier this year, I’ve been waiting for all to see that the Republicans who control the US House of Representatives, the US Senate, and the United States presidency will not under any circumstances come up with legislation banning abortions. That would give their base a lot of hope such legislation could withstand a challenge in front of the conservatively loaded US Supreme Court.

In addition, the US Republican-dominated US Senate will never vote to end the filibuster on legislation so that the conservatives in the Senate can disappoint their grassroots base again. That won’t happen because doing so would raise the hopes of the Republican faithful that their dreams of saving tens of thousands of the unborn every year would be fulfilled, and this great wedge issue would be legally resolved. Perhaps then many of the faithful would begin to clamor for a more equitable distribution of income, wealth, and political power, and the leadership cannot have that.

Ergo, conservatism, as it is largely practiced in the Republican Party, is only about letting corporations and the rich legally run wild over everybody else while redistributing income and wealth from the 99 to the 1 percent. But the Republican Party is not the only representative body in the US government who performs this function on behalf of the wealthy.

So too are corporate Democrats, such as Hillary and Bill Clinton, Wall Street Senators Ron Wyden and Joe Biden and many others.

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Wall Street Democrats, such as Wall Street-owned president’s Bill Clinton and Barack Obama, as well as Wall Street’s senator’s Hillary Rodham Clinton and Ron Wyden, have led the way toward trade deals that have exported tens of millions of US jobs overseas, with the difference between the old higher US paying jobs and the new lower paying US jobs going directly into the pockets of the rich via higher corporate earnings, rising share prices and surging dividends.

These income redistribution scams are the primary reason income and wealth inequality have grown so lopsided in favor of the billionaires over the previous 35 years or so. Most of the Republican Party have stood right behind the Clinton’s, Wyden and Obama on these income redistribution scams. 86 percent of Republican voters understand these trade scams are intended to export US jobs, compared to 52 percent of Democratic voters. So the Republican leadership is happy to negotiate with the Wall Street DNC Democrats to take the lead on these trade scams. In fact, the two sides have worked together to create the income and wealth inequality in which we now suffer. That’s why Donald Trump is president.

So how do the Democrats get out of being blamed for exporting tens of millions of jobs and creating such massive income and wealth inequality? They lie and spread these lies using a number of corporate news outlets and fake academic studies that come from real universities.

When Barack Obama became president, and for a few years afterward, the US failed to create any net jobs. And so members of the Democratic Party came up with the ingenious lie; automation killed the jobs. Since then the economy has created twelve million new jobs, and you will notice automation hasn’t killed those jobs. Nor has automation killed the tens of millions of US jobs that have been exported to China, Vietnam, Mexico and elsewhere.

I’ve written about this Democratic Party lie many times.

Now in a new report, economists Lawrence Mishel and Josh Bivens of the Economic Policy Institute challenge the Democratic Party lie that the pace of automation is accelerating and that the use of robots will lead to much higher unemployment and greater inequality. They also point out that there is not one shred of evidence in any study showing that technology and automation are killing more jobs than they are creating. The authors argue that if automation actually led to higher overall joblessness, the United States would have seen consistently increasing unemployment over the last 70 years. That didn’t happen because technology and its offshoot called automation actually create more jobs than they displace.

Likewise, if automation were indeed surging and leading to joblessness in recent years, we would not have been able to reduce the unemployment rate from 10 percent in 2010 to under 4.3 percent now. The authors encourage policymakers to focus on the immediate need to create good jobs and robust wage growth—instead of getting worked up about a hypothetical “robot apocalypse.”

The imbalance of political power between the 1 and the 99 percent are the current reason why income and wealth inequality has grown over the last 3 1/2 decades.

For more information, click on the report at “The Zombie Robot Argument Lurches On; There is no evidence that automation leads to joblessness and or Inequality–Economic Policy Institute

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Like its conservative brethren, the LA Times, one of Wall Streets liberal bastions of deliberately keeping the masses uninformed and misinformed, reported “This year there was a 23 percent increase in the overall number of people found on the streets countywide (Los Angeles County). For the city, that increase was 20 percent.” Reporter Dennis Romero reports LA rents have increased 32 percent throughout the Los Angeles County since 2000, while incomes have decreased 3 percent, and this accounts for the growing homelessness. This, of course, is total bullshit. See Homelessness Gets Worse as Rents Continue to Increase–LA Times

Romero then goes on to write, “The California Housing Partnership Corporation this month concluded that the county needs an additional 551,807 units for people on the edge of homelessness….The homeless figures make “it very clear that our continuing homeless crisis is being driven by a housing crisis,” L.A. County Supervisor Sheila Kuehl said in a statement.” This statement, too, is total bullshit.

Being a good corporate reporter, Romero does not ask why there is a housing crisis in Los Angeles, as well as across the United States. Nor is he clever enough to ask why wages have gone down and rents have gone up.

Here are the real reasons rents and home prices have skyrocketed over the last several years. I’ll deal with declining wages another day.

The five biggest banks conspired together to drive the cost of rents and houses up by holding over half the stock of vacant houses off the market by 2011. As prices have illegally risen, the banks have slowly allowed more and more houses onto the market. This is called a conspiracy in restraint of trade, which is illegal, but profitable.

This means the price of homes and rents are illegally and artificially higher than they should be. Had the market been allowed to set prices after the Great Recession of 2007-09, it is very likely rents and housing prices would be half or nearly so of what they are now.

In other words, this conspiracy redistributed trillions of dollars of income from the 99 to the 1 percent, and this was done with the permission of the Obama Administration.

The current economic expansion is almost exclusively being powered by the illegally contrived boom in housing prices and rents, and so the latest housing bubble is largely powering the latest stock market bubble, and this is likely why both Obama and Trump have never had any desire to enforce anti-trust laws against the big banks since both are owned lock, stock, and barrel by the big banks. By the way you Hillary lovers! Clinton is completely owned by Wall Street too.

And this is how we are kept misinformed, misled, confused and uninformed by the corporate media.

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On April 28 a “transcript was released from the most recent hearing at a federal court in Fort Lauderdale, Fla., on the lawsuit filed on behalf of Bernie Sanders supporters against the Democratic National Committee and former DNC chair Debbie Wasserman Schultz for rigging the Democratic primaries for Hillary Clinton. Lawyers for the DNC argued the DNC has a right to pick candidates in a back room.

The corporate press is doing its best to ignore this class action lawsuit alleging the Democratic National Committee (DNC) worked directly in conjunction with Hillary Clinton’s 2016 campaign to keep Bernie Sanders out of the White House. This lawsuit has been raging on in the courtrooms for months on end–and yet, most people have no idea of its existence, in large part thanks to the corporate media’s total lack of coverage.

The lawsuit alleges the Democratic National Committee, which is managed by Wall Street toadies who fear Bernie Sanders, worked side-by-side with the Hillary Clinton campaign to derail the Sanders challenge last year in the Democratic presidential primary. If true this violated the Democratic Party’s own charter, specifically Article 5, Section 4, which specifically states the DNC cannot work with a “single campaign to effectively choose who would win the Democratic ballot, the attorneys stated in the suit.”

According to Newsweek, “The most recent court hearing on the case was held on April 25, during which the DNC reportedly argued that the organization’s neutrality among Democratic campaigns during the primaries was merely a “political promise,” and therefore it had no legal obligations to remain impartial throughout the process.”

In other words, the DNC is admitting guilt while insisting it did no wrong in directly supporting Wall Street’s choice to be the Democratic Party candidate for US president because they certainly didn’t want the people’s candidate

For more on this story click the links below.

The Lawsuit—Newsweek

DNC Lawyers Argue DNC Has Right to Pick Candidates in Back Rooms

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On Sunday April 23, Bernie Sanders said, “The Democratic Party’s model is failing,” and if voter turnout doesn’t grow “there is no future forward for the Democratic Party.”

Now how about that? The Democratic Party is controlled by billionaires and the grassroots is drifting away. They ran Walmart/Wall Street candidate Hillary Clinton for US president and lost to an outsider who said outrageous and pretty stupid stuff in 2016. Of course, Donald Trump also kicked the crud out of 16 other contenders for the Republican Party nomination, so maybe the Republican grassroots are tired of the other billionaires that control their political party.

“Well,” Sanders said. “I think what is clear to anyone who looks at where the Democratic Party today is that the model of the Democratic Party is failing,” Sanders said on “Face the Nation.” “We have a Republican president who ran as a candidate as the most unpopular candidate in the modern history of this country. Republicans control the House, the Senate, two thirds of governors’ chairs.”

“And in the last eight years, they have picked up 900 legislative seats,” Sanders continued. “Clearly the Democratic Party has got to change. And in my view what it has got to become is a grassroots party. A party which makes decisions from the bottom on up. A party which is more dependent on small donations than large donations. A party… that speaks to the pain of the working class in this country.”

Sanders, who ran against former Secretary of State Hillary Clinton for the Democratic presidential nomination in 2016, is on a “unity” tour across the country with Democratic National Committee Chairman Tom Perez to reinvigorate the Democratic base. The Vermont senator said the party must “take the lead” on issues that matter to the working class to increase voter turnout and “regain control of the United States Congress.” He failed to mention this is unlikely to occur with the billionaires in control of the party.

“So what we have got to do and what Democrats have got to do is go all over this country, start getting into those red states which have been ignored for decades, start growing the voter turnout,” Sanders said. “Having an agenda which brings people together to say that, ‘In the richest country in the history of the world, yeah. You know what? We can have health care for all people as a right. We can raise the minimum wage to $15 an hour. No, Donald Trump is not right. Climate change is not a hoax. It is a major planetary crisis.’”

Of course, none of this is going to happen until the next recession begins this summer because the billionaires don’t want it to occur. After the brunt of the recession begins to hit in earnest some months later, voters of the Democratic Party will hopefully chase out the billionaires because a series of grassroots movements has already formed though they have not coalesced except to be anti-Trump. This, of course, means these movements against Trump have a striking resemblance to the Tea Party that dogged President Obama during his eight years. The Koch Brothers primarily fund the Tea Party and exercise significant control over its leadership.

The problem with many of the grassroots who are involved in the Democratic resistance to President Trump is what also ails Tea Party grassroots members, which was an attitude of “Obama bad, anything Republican good.” Many members of the Democratic grassroots resistance follow a similar small minded path, only it’s “Hillary good: Trump bad,” and “Democratic Party run by billionaires good; Republican Party run by different bunch of billionaires bad.”

Too few of these people don’t realize they need to kick the billionaires and millionaires and their plutocrats like Hillary and Bill Clinton out of the Democratic Party. If they fail to achieve this, they will simply be used by the billionaires who control the Democratic Party to defeat Donald Trump in the next presidential election rather than cleaning their own house. The corruption in both major political parties stinks like two pigsties.

When Tom Perez became Chairman of the Democratic Party by defeating Democratic Minnesota Congressman Keith Ellison the grassroots lost to the billionaires, and many of them didn’t even know it. This means the grassroots resistance has yet to influence the Democratic Party in any meaningful way. This suggests that if the Democratic Party bosses successfully use the grassroots resistance to unseat Donald Trump in 2020, it’s still going to be business and corruption as usual.

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Rexnord Corporation is closing its ball bearings plant in Indiana, laying off its 350 workers, and exporting those jobs to Mexico. In addition, as part of its US workers severance package, many of those workers are training their Mexican replacements, who will $3 an hour with no benefits. John Feltner is a machinist earning $25 an hour in the Indianapolis, Indiana plant. He resents having to train his replacement, but he’ll lose his severance package of $5,000 if he refuses.

Most of the difference in pay between US and Mexican workers will go straight into the pockets of wealthy shareholders. Rexnord’s share price peaked at $30.82 in April 2014. It’s been dropping ever since. It hit a low of $14.72 on January 15 2016, rose a tad, and has stayed stagnant since, hovering around $22. No doubt CEO Todd Adams is hoping that exporting jobs to Mexico will increase its bottom line and attract investors to bid up the share price and his compensation. His CEO pay is tied to the share price thanks to legislation signed by then President Bill Clinton.

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Exporting jobs and CEO pay tied to corporate share price are two of the biggest factors in the widening gulf between the 1 percent and everybody else because they redistribute income and wealth from one group to the other. Currently, six individuals own more wealth than the bottom 50 percent of humanity, while the 1000 richest individuals own more wealth than the bottom 70 percent. Currently, in the USA, the 1 percent steal 35 percent of all income every year, compared to 8 percent in 1980, thanks to their ownership of such politicians as the Clinton’s, Wyden, Mitch McConnell and Orrin Hatch.

John Feltner and his 350 fellow workers lost their jobs thanks to Bill Clinton, who signed legislation deregulating Wall Street, as well putting his signature on the North America Free Trade Agreement (NAFTA. NAFTA was negotiated by Clinton’s representatives with an eye to getting US corporations to export US jobs to Mexico in order to boost their bottom lines. After he left the presidency, Wall Street rewarded the Clinton’s for their service to the tune of tens of millions of dollars. The Clinton’s are still faithful servants of Wall Street in their war against the middle class, such as the workers at the Rexnord plant.

We also can’t forget Democratic Wall Street Senator Ron Wyden has continuously supported redistributing the income of the middle class to billionaires. The Democratic Party is corrupted to the core by big money, though maybe a bit less than the Republican Party. But then again, maybe not.

“The big picture is that American jobs are leaving this country to exploit cheap labor,” Feltner said. “When you start taking away the middle class, what do you have left?”

This is the sentiment that President Donald Trump played to so effectively during the 2016 presidential campaign. It spoke to John Feltner somewhere down deep.”

“He’d been a loyal union man for years, been raised on the notion Democrats were the party of the working man and made calls for Democrats from union phone banks. But after the trade agreements that Bill Clinton and Barack Obama signed, and after Trump spoke to the plight of workers at places such as Carrier, John Feltner broke ranks.

With the layoff fresh on his mind, he cast his November vote for Trump. He says most of his rank-and-file union members did the same.”

And what were those workers supposed to do? Support Hillary Clinton who aspired to export millions of US jobs to China via the Trans Pacific Partnership (TPP), which was being negotiated on behalf of Wall Street by then President Barack Obama?

Feltner and his fellow employees don’t know what they’re going to do once their jobs are gone. Thank you Bill Clinton. Thank you Barack Obama.

For more on this story, click the following link, Rexnord’s Indiana Plant Exported to Mexico–USA Today

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20150224_problemThe financial collapse of 2008 was the worst recession since the Great Depression. Give President Obama and his administration credit for saving the economy from the depredations of Wall Street despite massive Republic resistance to resuscitating it, which they did solely for political gain. However, this historically weak recovery masks a startling reality.

Only one perpetrator of Wall Street crimes was ever brought to justice, and he wasn’t a big figure in the massive corruption going on. In March 2009, Obama met with Wall Street leaders and said, “I stand between you and the pitchforks. I am on your side and I will protect you.”

Only one banker from that era was prosecuted. That was Bernie Madoff, and the only reason he was carted off to prison was because he stole from rich people. And not one other Wall Street criminal executive went to jail after stealing billions via fraud, money laundering of Mexican drug cartel profits, and numerous other crimes. Many became his financial advisers, which meant Obama pursued policies to redistribute income from the 99 to the 1 percent for eight long years.

At all times, Obama refused to bite the hand that funded his past, present and future, as well as funding much of the Republican and Democratic Parties. In other words, Obama was largely, if not completely, in the back pocket of Wall Street as were President Bill Clinton, both President’s Bush, Ronald Reagan, Hillary Clinton, Mitt Romney, Wall Street Senator’s Ron Wyden, Mitch McConnell and Orrin Hatch.

Obama operated in a cesspool corruption. He was part of the problem, not the solution.

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