Monday, June 27, 2016

Globalist Hank Paulson hasn't checked himself into prison or even retired from the public stage in disgrace. The Goldman Sachs alum and George Bush pal doubles down and endorses Hillary-Julia Hahn

6/26/16, "Hank ‘Meltdown’ Paulson Cites Hillary’s Globalist Platform as Reason for Endorsement," Julia Hahn, Breitbart

The truly vile Paulson, ap
"Hank Paulson, George W. Bush’s treasury secretary, who presided over both the meltdown of the U.S. economy and the subsequent bailout of his close friends and associates, has endorsed Hillary Clinton — citing his belief that she’d be more likely to enact globalist policies on trade and immigration as part of the reason for his endorsement.

Paulson also posits that Clinton would be more likely to cut Americans’ medicare and social security, which Paulson cites as a top priority following the financial collapse he helped to create.

Paulson is also the former CEO of Goldman Sachs, which has given Hillary Clinton hundreds of thousands of dollars for speeches. According to Politico, Goldman Sachs rewarded Clinton with a total of $675,000 for three paid speeches....

Since Ted Kennedy’s 1965 immigration rewrite was passed into law, the U.S. has added 59 million immigrants. Since mass migration began in the 1970s, U.S middle class has shrunk ten percentage points, and real average wages are lower today than they were in 1973.

(Henry) Paulson does not make clear why Americans should trust his economic judgement, considering that he failed completely to predict the housing crash over which he presided."
Added: They said the Great Recession would be fixed by more government, folding private businesses who'd play ball into government. The definition of Soviet style Communism. Since this didn't exactly help the US middle class (which was at one time unthinkable) Pew says, forget about that--the middle "holds its ground!"

2/4/2015, "America’s ‘middle’ holds its ground after the Great Recession," Pew Research

1970-2013, middle class shrinks by 10%:

"The share of adults who live in middle-income households has eroded over time, from 61% in 1970 to 51% in 2013."...

1970-2013, lower income HHs up by 4%:

"The share of adults living in lower-income households has increased, up from 25% in 1970 to 29% in 2013."...

Globalist Pew says hey, great news! The rich got richer:


"But more adults now live in upper-income households, up from 14% in 1970 to 20% in 2013."...

From 1990-2013:

"From 1990 to 2013, the share of adult whites and Asians living in middle-income households decreased the most, from 58% to 53% and from 56% to 50%, respectively. The decline was less pronounced among Hispanics (from 48% to 47%) and blacks (47% to 45%)."...

"If past trends continue to hold, there is little reason to believe the recovery from the Great Recession will eventually lead to a rebound in the share of adults in middle-income households."...

"Incomes of all households are higher today than they were in 1970....However, the overall gains mask a lengthy period – a lost decade, and then some – of losses from 2000 to 2013. During this time, the median incomes of lower-, middle- and upper-income households have fallen by 9%, 6% and 6%, respectively. Currently, the incomes of these households are comparable to what they were in 1997."


Added: I was unable to find a citation in the Pew article for Ms. Hahn's statement that "real average wages are lower today than they were in 1973." Perhaps it was there and I missed it.


PS. Hank Paulson and his pal George Bush should be in prison for the rest of their lives given only bread and water.



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