...just as Goddamn-Sachs people INFESTED the Bush II presidency, including Bush (W.'s) 2nd & final Chief of Staff, Josh Bolten, who had been Executive Director for Legal and Government Affairs at Goddamn-Sachs in London from 1994 to 1999 , and then Bush-II (W's) Secretary of Treasury HANK PAULSON, who had been a Goddamn-Sachs CHAIRMAN, before PRESIDING OVER the wholesale economic fraud & corruption leading to the September 2008 market meltdown.
Here we learn the grisly truth about President Barack Obama: he is nothing more than a front man, a hired face, an ENFORCER for the Wall Street loan sharks & debt lords (Goddamn Sachs, JP Morgan, and other millionaires & billionaires) behind the very private 'Federal' Reserve banking cartel.
If Obama and the U.S. government can OVER RULE the Hatian people, and their government, in setting wages in Haiti, that make the U.S. the RULERS of Haiti, and Obama the UNELECTED DICTATOR of that impoverished country.
WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would Stay Cheap
A Wikileaks post published on The Nation shows that the Obama Administration fought to keep Haitian wages at 31 cents an hour. [That is $3.00 a DAY, for a 10 hour day!]
(This article was taken down by The Nation due to an embargo, but it was excerpted at Columbia Journalism Review.)It started when Haiti passed a law two years ago raising its minimum wage to 61 cents an hour. According to an embassy cable:This infuriated American corporations like Hanes and Levi Strauss that pay Haitians slave wages to sew their clothes. They said they would only fork over a seven-cent-an-hour increase, and they got the State Department involved. The U.S. ambassador put pressure on Haiti’s president, who duly carved out a $3 a day minimum wage for textile companies (the U.S. minimum wage, which itself is very low, works out to $58 a day).Haiti has about 25,000 garment workers. If you paid each of them $2 a day more, it would cost their employers $50,000 per working day, or about $12.5 million a year ... As of last year Hanes had 3,200 Haitians making t-shirts for it. Paying each of them two bucks a day more would cost it about $1.6 million a year. Hanesbrands Incorporated made $211 million on $4.3 billion in sales last year.Thanks to U.S. intervention, the minimum was raised only to 31 cents.
Meanwhile, at the behest of the same larcenous, TREASONOUS, banksters & hyper-wealthy saboteurs behind the Fed GoddamnSachs + JPM + Wall St. + City of London + telaviv 'multinational' banking cartel, the bought and owned U.S. politicians form BOTH parties, Republican or "Democrats," from Bush I to both Clintons, John Kerry, Bush II, Obama, Pelosi, Boehner, Reid, McCain, Palin (etc.) have presided over the CRUSHING of both U.S. dollar and U.S. Treasury bond value (prices):
As the Treasonous overseas, multi-national, and corrupting millionaires & billionaries behind the 'Federal' Reserve banking cartel continue to CRUSH the U.S. economy today, it is time to RE-EXAMINE the GREAT DEPRESSION - and notice that it, too, follows a path of INTENTIONAL ECONOMIC SABOTAGE, the VERY PRIVATE 'Federal' Reserve cartel PRINTING MONEY (increasing money supply) to ENCOURAGE a speculative stock market boom > bubble in the 1920s; then, when the market bubble (predictably... and intentionally burst), the evil bankers went the opposite extreme, CONTRACTING the money supply so there was simply NO money in circulation
(under the EXCUSE that "loans would not be paid back"- but it is "FREE money", FIAT 'money' printed out of thin air!)
leading to NATIONWIDE DESTITUTION for MILLIONS of Americans, all through the 1930s, until finally the combination of New Deal "liberal" economic programs, plus strict oversight of banks, combined with WWII production (which was greatly profitable to the banks & wealthy investors) finally ended the Great Depression.
China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills
(CNSNews.com) - China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.Treasury bills are securities that mature in one year or less that are sold by the U.S. Treasury Department to fund the nation’s debt.
Until October, the Chinese were generally making up for their decreasing holdings in Treasury bills by increasing their holdings of longer-term U.S. Treasury securities. Thus, until October, China’s overall holdings of U.S. debt continued to increase.
Since October, however, China has also started to divest from longer-term U.S. Treasury securities. Thus, as reported by the Treasury Department, China’s ownership of the U.S. national debt has decreased in each of the last five months on record, including November, December, January, February and March. (cont'd)