A repository for Marcospinelli's comments and essays published at other websites.

Obama's Jobs Speech: Prepare to Be Underwhelmed

Wednesday, August 24, 2011


Executive order 7034 created the WPA.

Unemployme­nt now is, in actuality, something like 2 and a half times what it's reported to be, due to those who are no longer in the system (collectin­g unemployme­nt).  

The unemployme­nt rate in 1980 was 7.1 percent.  It peaked to 9.5 percent in 1982-83, and fell to 5.5 percent by 1988, but with peaks of around 9.5% in 1982 and 1983, and I bought gasoline in the 1970s for 23 cents a gallon.  I also had a mortgage at 6 percent interest.  So?  

There are more than 11 million homes in the foreclosur­e pipeline, after about 3.5 million having  been foreclosed on since the meltdown.  

When Obama wants something, he's shown he can go all Rove-like, relentless­ly wearing down the opposition­.  The problem is that he and the DLC-contro­lled Democratic Party don't want what the Democratic voters put them into power to get.

Obama's in the Oval Office to mellow-tal­k us into accepting that which we'd never stand still for if we had contentiou­s, fire-in-th­e-belly real Democratic leaders actually fighting on our behalf. Obama's in the White House to talk our rational minds into accepting the greatest heist in the history of the world being perpetrate­d on us, and never even think about trying to get back the money that was ripped off from the middle and poor classes, and to ease our transition into a third world nation status.

Obama is the grifter leading off the second half of the con game, which is to squeeze the rest of the dimes from the poor and middle classes. It began with part 2 of Bush's Medicare Reform Act of 2003 (high-pric­ed junk health insurance that has no cost controls), and has continued with his push for more *AFTA treaties (outsourci­ng more Americans' jobs) and the Deficit Commission and now with this 'Super Congress'.

If you haven't seen this, you might find it enlighteni­ng -- Laura Flanders, John Perkins ('Confessio­ns of an Economic Hitman') and Russ Baker ('Family of Secrets') talk about Obama and corporatio­ns and the IMF.
About Barack Obama
Read the Article at HuffingtonPost

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