Sunday, July 25, 2010

Obama's INSANE CORRUPTION: A Charter Member of the PLUTOCRACY, Obama GOUGES, DESTROYS the American middle-class on behalf of his Goddamn-Sachs financial swindlers & economic arsonists...

  As Barack Obama PRESIDES over  the PREMEDITATED DESTRUCTION of the American economy (by his Goddamn-Sachs/JPMorgan banksters), it becomes harder to hide the grim statistics of lost jobs, lower wages, gutted pension funds, slashed local government services, a savaged American social safety net... and  MORE DEBT and DEFICITS piled on those state, local, and federal governments by Obama's parasitic banking friends.
  And it becomes   harder to hide Obama's treacherous, "Of, by and for the parasitic bankers" COMPLICITY in those RIGGED, MARKET-MANIPULATION ASSAULTS on the jobs and net-worth of America's working families, and the grotesque, trillions-of-dollars of "BAILOUTS" for the very  hypocrite banksters, bankers  (and their undead armies of hired press, media  & academic whores)   who have been preaching "moral hazard "LET THE FAILURES FAIL" for the past 7+ decades...  

  ...UNEMPLOYMENT insurance is now  THE LAST LIFELINE for  THOUSANDS of American families... but with the GS/JPM gangsters having been  sabotaging America's real, productive economy
 (as opposed to fake,  paper, 'derivatives,'  "Enron accounting" fantasy-profits, and wholesale taxpayer extorted "BAILOUTS" for their  titanic, self-inflicted losses)  for  TWO WHOLE DECADES now (since, indeed, the moment that Democrats & moderate Republicans dragged the economy out of the Bush-1 "deficits & S&L bailouts" recession of the late 1980s),
two years of unemployment insurance will run out in a flash... 
   A TITANIC American CRISIS is festering, brewing, and steam-rolling towards apocalypse,  just in time for Obama to lose reelection in 2012,  and to RESTORE a radical right-wing, DICTATORIAL, neo-segregation (election stealing), Republican (Bush-Cheneyesque)  war administration "war powers" administration, a radical Right-Wing  restoration that Obama has actually been treacherously ENABLING  from the very day after he won election, when he selected the treacherous Neo-Con,  warmongering Joe Lieberman clone,  Chicago hack   'investment banker' Rahm Emanuel  to be his White House Chief of Staff.. 
Middle class financially squeezed by the plutocracy –
13 million people added to food assistance from 2007 to 2010.
My Budget 360
Investing ideas for preserving wealth in a fluctuating market.
http://www.mybudget360.com/middle-class-financially-squeezed-by-the-plutocracy-long-term-unemployment-food-stamp-participation/
The amount of people that are long-term unemployed is at record levels. The chart above shows (link)  that we have never been close to a similar situation going back to the late 1940s when records started being kept. These are structural problems. Nearly 7 million of the officially unemployed today have been out of work for 27 weeks or more. The working and middle class saddled with incredible amounts of debt are losing any ability to stay above water. This is why we see those jumping on food assistance exploding even at a faster rate than those losing their jobs. Why? We have a giant class of working poor in the United States.
Nearly 40 percent of all unemployed have been out of work for 27 weeks or more....
 9 of the top 10 industries in the United States are low paying service sector work...
 (cont'd)