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Posts Tagged ‘income inequality’

The video above tells all that is needed for you to know about what the Wall Street Democratic Establishment is planning for the Democratic convention in July, and for the future of the 99 percent.

Like the Democratic primaries, like the future of the 99 percent, the Democratic Convention is being rigged to the benefit of the 1 percent once again.

In other election news, the folks in Oregon who count the votes from last May 17th election haven’t been able to count them all, and won’t be finished until sometime in mid-June. It appears, however, that Bernie Sanders will have taken 60+ percent of the Oregon vote by then, meaning he has improved his mathematical chances of winning the primary election against Wall Street’s darlin’. It ain’t over yet! See The Real Democratic Primary Election Numbers in Oregon–John Laurits

The Democratic Party is not a political party. Rather it is a business establishment that sells government representation and legislation to the highest bidder, and always at the expense of the 99 percent. In that respect, it is no different than the modern Republican Party.

To differentiate differences between the two political parties, the leaderships create false and sometimes incredibly stupid issues. This is always to rally their grassroots and create a facade of solidarity of interest between the Wall Street factions of each party and their respective grassroots. They’ve been doing this for 35+ years.

feel the bern

These issues include bathrooms for transgender people, guns, religion, abortion, wars against women, wars against Christmas, and so much more. The sheep are easily led astray by manipulating their emotions, and this allows the leaderships of both parties to conspire together behind scenes to steal the livelihoods, income and wealth of the grassroots of both parties, and redistribute those things to the 1 percent. The Trans Pacific Partnership is an obvious example of this conspiracy.

Stop being a sheep. Organize against the tyranny of the 1 percent. For Democrats, don’t vote for the Wall Street candidate. This primary season isn’t over.

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Somebody suggested on Facebook that the US is out of economic danger thanks to President Obama, and that he inherited a mess, and has since cleaned it up, and therefore we should continue with a third Obama term by voting for Hillary “Wall Street” Clinton. Nothing could be further from the truth.

We are in more danger now than then.

There’s a worse mess than last time heading our way. Obama did as much as President GW Bush about reining in the housing market bubble. His economic policies were deliberately intended to resurrect the housing bubble.

True, on the surface, and only on the surface, as a nation we appear to be in better shape now than in 2009, but in reality, Obama’s policies have led to a looming disaster, and the seeds were harvested and sowed on Obama’s watch. We’re heading for the worst economic disaster since the Great Depression. In other words, he is going to leave us with a worse mess than the one he inherited.

It’s just beginning. As of last Fall, according to Investor Daily, the US manufacturing sector was as bad off as during June 2009. That’s because millions of jobs have been exported on Obama’s watch, which has redistributed trillions of dollars from the 99 to the 1 percent, and accounted for record corporate profits, unprecedented housing and stock market bubbles, increasing poverty, declining wages and benefits for the 99 percent, and a record 48 million people on food stamps in the seventh year of an anemic economic expansion.

The rich have gone from getting 17 percent of all income produced in the USA to 30+ percent nowadays due to those bubbles and jobs exported.

Obama continuously pushed for more and more international income redistribution treaties, falsely marketing them as trade agreements, to continue the same dead end path for the 99 percent. This included the South Korea Free Trade Agreement, and the looming knockout blow to the middle class known as the Trans Pacific Partnership (TPP).

Clinton claims she wants to continue Obama’s disastrous policies.

I’m part of the 99 percent. Why would I vote against my interests by voting for Clinton since she wants to continue Obama’s policies? I worked for Obama in 2008 on the telephone and door-to-door, and I gave money to his campaign. He campaigned on hope and change. There was no change in US policies.

He killed all hope that he would be different from George W Bush two years after taking office. Here’s a couple of important statistics to bear in mind for those of you who are thinking of voting for Clinton in the remaining Democratic primaries.

The US created more jobs and with rising real wages under President Jimmy Carter than under Obama, and Carter did this with a gross domestic product 40 percent the size of today, with a population 60 percent of today, and during two official recessions that occurred during his watch. By today’s standard, Jimmy Carter was a great president. I believe he was. Hillary will simply continue Wall Street’s policies of redistributing income from the 99 to the 1 percent.

A vote for Hillary is a vote for continuing corporate America’s rape and pillage of the 99 percent. That means she is going to vote for the Trans Pacific Partnership, which she has called the gold standard of trade agreements. The TPP has been called “NAFTA on steroids,” and will export millions of US jobs, and redistribute trillions of dollars of income and wealth from the 99 to the 1 percent. The stock markets will go up as the rest of us are bled financially dry.

Of course, Hillary will be for transgender bathrooms, pro-choice, for gun control, more testing in public schools, and all other social issues that will distract us from the things that are really important to all Americans; such as good paying jobs, and a better future for our children.

The choice for Democrats and all Americans couldn’t be more clear.

Vote Bernie!

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Bernie and Veterans

Bernie Sanders is on Meet the Press today, and the subject is about why poor people aren’t voting for him.

Bernie Sanders is basing much of his campaign on income inequality, and yet he’s losing the battle for the Democratic primary against Wall Street’s chosen millionaire candidate among poor people. This is surprising because Sanders is campaigning against the massive income inequality going on today.

Sanders noted while campaigning in Baltimore, “If you are born in Baltimore’s poorest neighborhood, your life expectancy is almost 20 years shorter than if you’re born in its wealthiest neighborhood,” the senator from Vermont said, adding that “15 neighborhoods in Baltimore have lower life expectancies than North Korea. Two of them have a higher infant mortality rate than Palestine’s West Bank.”

In the 17 states with the biggest income inequality that have voted so far, Wall Street presidential candidate Hillary Clinton has won 16 of them.

“Poor people don’t vote. I mean, that’s just a fact,” Sanders said in an interview that will air Sunday on NBC News’ “Meet the Press.” “The last election, in 2014, 80 percent of poor people did not vote.”

Sanders also stated that his campaign has “had some success with lower-income people.”

The U.S. has one of the lowest voter turnouts of any major country, mostly by design.

“If we can significantly increase voter turnout so that low-income people and working people and young people participated in the political process,” Bernie said, “if we got a voter turnout of 75 percent, this country would be radically transformed.”

There is truth to his words, but something else needs to be said. Those poor folks that do vote often vote against their interests, oftentimes because they’re not very politically informed, and rely heavily on soundbites and name recognition. Okay, most Americans rely on soundbites and name recognition.

According to a friend who has called voters in several states for Bernie, in the south, socialist security card carrying folks simply told him they were voting for Clinton because Sanders “is a socialist.” Oftentimes, however, registered southern Democrats preferred Clinton over Bernie, sometimes because they hadn’t heard of him, not even the day before their state primary. Other Clinton supporters couldn’t name a thing she’d done, or an office she’d held, but they did know her name.

This may explain why Clinton has outperformed Sanders among voters making less than $50,000 a year, according to CNN exit polls. In Florida, half of voters were in that category — and 65 percent backed the Wall Street candidate. In Texas, 38 percent of voters made less than $50,000 and Hillary won 66 percent of their vote. In Georgia, 43 percent of voters made under $50,000, and 70 percent voted for Clinton.

A 2014 Pew study estimated that about 46 percent of non-voters in the U.S. have family incomes of less than $30,000 a year, and that only 19 percent of voters are from low-income families. Fully 45 percent of non-voters in that study said they had trouble paying bills in the past year, versus 30 percent of voters. See

The Party of Nonvoters

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tlumacki_newbalance_business005

“New Balance management on Tuesday accused the Obama administration of walking back its promised bribe made to them to consider the Boston-based shoe maker for a potential Pentagon contract after the company reluctantly loosened its stance on the Trans Pacific Partnership (TPP), an income and political power redistribution scam for the 1 percent.”

The president bribed the company to back down on its criticism of the jobs destroying income redistribution scam known as the TPP by offering management a pentagon contract. The pentagon, however, does not purchase US made athletic shoes. Instead, it purchases Chinese made Nike, and other foreign brands. The TPP will destroy the last US shoe factories, five of which are in Maine with 1400 employees, along with tens of millions of other US jobs. The Obama administration is intent on redistributing trillions of dollars from the 99 to the 1 percent via the TPP. See The Op-Ed about the Trans Pacific Partnership the Liberal and Conservative Press Doesn’t Want You To See.

“Speaking to the Boston Globe, New Balance’s vice president of public affairs, Matt LeBretton, said the sneaker company was told it had a chance at a lucrative deal with the Defense Department if it relented criticism directed at the Trans-Pacific Partnership, a potential trade agreement between the U.S. and 11 Pacific Rim countries.”

“We swallowed the poison pill that is TPP so we could have a chance to bid on these contracts,” said Matt LeBretton, New Balance’s vice president of public affairs. “We were assured this would be a top-down approach at the Department of Defense if we agreed to either support or remain neutral on TPP. [But] the chances of the Department of Defense buying shoes that are made in the USA are slim to none while Obama is president.”

Click here for more on the story from the Washington Post.

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TPP

President Ohama has already written his signature on the Trans Pacific Partnership (TPP), according to the Oregonian newspaper. The TPP is the biggest income and political power redistribution scam in world history. Income, wealth and political power will flow from the 99 to the 1 percent if the TPP becomes law.

This scam has been negotiated between twelve nations, but it hasn’t been introduced into congress yet. It won’t be until after the November elections because political leaders don’t want to arouse the wrath of the American public until it’s too late. So the TPP hasn’t been debated in congress, not even in committee. So why would the president sign something into law that hasn’t even been introduced to congress?

The answer is all about the future; his and ours. The TPP is an important gift the Democratic Party Establishment is giving to major corporate campaign donors, and especially Wall Street banks. The TPP will redistribute trillions of dollars of income from the 99 to the 1 percent, pushing stock prices and CEO compensation to levels never seen before. See https://johnhively.wordpress.com/2016/02/12/the-trans-pacific-partnership-the-op-ed-the-liberal-and-conservative-corporate-media-doesnt-want-you-to-see/. But it’s going to totally wreck the US economy for the rest of us.

As our jobs are shipped overseas, the difference between the higher US wages and the new lower Chinese and Vietnamese wages will be redistributed to the rich via higher corporate earnings, rising share prices, and surging dividends. But it will leave the US an economic wasteland with higher unemployment, and declining real wages and salaries. The TPP will also be redistributing to the rich our tax dollars (through the loss of jobs) that go toward supporting our teachers, infrastructure, social security, social safety nets, and other public necessities.

The TPP will also unconstitutionally take away our voting rights on the local and state levels. This is because the TPP sets up secret tribunals. If we want to, for example, successfully vote on a law demanding GMO labeling in a state, a GMO corporation can sue that state through the TPP secret tribunal. If the tribunal, made up of corporate lawyers for the most part, vote for the corporation, then that law goes out the door.

By signing this scam before it’s even been introduced into committee, the president and the Wall Street Democratic Party Establishment is sending a message to rich campaign donors that the Democratic Party has their interests covered, and all at the expense of 99.9 percent of US citizens.

Of course, after President Obama leaves office there are plenty of $250,000 speeches to be made to these same contributors.

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Franklin Roosevelt

The next recession is unfolding, and it’s going to be the worst one since the Great Depression. I’ve been watching this historically weak US economic expansion unravel since November 2015. See https://johnhively.wordpress.com/2015/11/06/the-coming-recession-and-us-senator-elizabeth-warrens-seniors-and-veterans-emergency-benefits-act-save-benefits-act/. We will officially go into recession somewhere between late this year and June 2017.

Nothing can stop it. Not declining gasoline and oil prices, not falling interest rates.

The corrupt US government has passed legislation over the decades that have redistributed massive amounts of income and wealth from the 99 to the 1 percent. The 1 percent currently steal over 37 percent of all income produced in the US compared to 8 percent in 1980. See https://johnhively.wordpress.com/2015/12/29/new-study-the-middle-class-is-losing-ground-as-wall-street-senators-ron-wyden-mitch-mcconnell-orrin-hatch-and-others-continue-to-use-the-federal-government-and-the-federal-reserve-to-redistribute/. Now the 99 percent can’t purchase enough goods and services to keep the economy and the financial markets chugging along. The economy is set to collapse upon itself. However, there is even worse news.

Sometime between the November elections of 2016 and whenever the new president is inaugurated Wall Street Senator Ron Wyden will introduce the Trans Pacific Partnership (TPP) into committee. This is the largest income and political power redistribution scam in world history. The TPP is falsely marketed as a trade agreement, but it has virtually nothing to do with trade.

President Obama, ever the servant of Wall Street executives, has already signed this scam without a single word of debate in the halls of one of the most corrupt political bodies in the world–the US congress. So the TPP becomes law, unconstitutionally at that, if it passes through the US House and the US Senate.

quote-no-man-can-be-a-good-citizen-unless-he-has-a-wage-more-than-sufficient-to-cover-the-bare-cost-of-theodore-roosevelt-262926

The TPP will only make matters worse for the 99 percent as this recession swings into full gear. The TPP will redistribute trillions of dollars of income from the 99 to the 1 percent on a yearly basis, as well as steal their state and local voting rights in many cases.

Here’s how bad this coming recession will be without the TPP:

* Effective interest rates will sink into negative levels, like in Europe.
* The nation will flirt with deflation, and possibly fall into it, because trillions of dollars have been redistributed from the 99 to the 1 percent, so demand for goods and services will be weaker than at any time since the Great Depression.
* Instead of 48 million Americans on food stamps, like during the current so-called economic expansion, 60 to 90 million Americans will be on food stamps.
* Unemployment will hit 10 to 18 percent, and will stay above 10 percent for years.
* Mortgage defaults will hit record levels.
* Home prices will decline 20 to 60 percent, and maybe more.
* On average, stocks will lose 20 to 60 percent of their values, and maybe more.
* We’re still feeling the impact of the last recession, and so too will we feel the impacts of this recession for years and years unless….
* Anticipate a possible political revolution as grassroots insurgents take over both major political parties. Think Bernie Sanders and Elizabeth Warren for the Democratic Party, and who knows for the Republican Party?
* Anticipate possible violence as the police and military crack down on protesters.
* Anticipate a US political and economic rejuvenation after many years of hard struggle. People like Wyden, one of the principal architects of this recession, will be a historical footnote.

This Depression will be worldwide.

Imagine what this recession will be like with the TPP.

Now, if we can just stop Wyden and the TPP in congress, that will make our task of a restored America for everyone much easier in the long run. And it will be in the long run that we win.

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This ad, courtesy of br luck via YouTube, compiles several moving moments from Bernie Sanders’ speeches and combines them with images that really hit home for viewers. He talks about income inequality and how so many of us are working more while earning less while the rich have rigged the game in their favor.

Some of Sanders’ best quotes and promises are included in this 4-minute ad, including “There is no justice when so few have so much and so many have so little,” and “We can be a nation, where everyone, no matter their race, their religion, their disability or their sexual orientation, realizes the full promise of equality that is our birthright as Americans.”

Sanders asks,

“How can we talk about morality and justice when we turn our backs on the children of our country? We have in this country sufficient amounts of money to put more people in jail than any other country on earth but apparently we do not have enough money to provide jobs and education to our young people.”

Sanders also talks about how the 1 percent and their corporate propaganda machine try to rip Americans apart, on the one hand, while raping us financially with the other hand.

“In the description of this ad, the creator describes it as an “unofficial campaign ad.” They then go on to say, “’Bernie’s message is a deeply moving and inspiring one. I hope this video does him justice.’” Based on the way that it combines some of the best moments of Sanders’ best speeches with images that are both inspiring and heartbreaking, it seems safe to say that this video definitely does Bernie justice.”

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