Politics,Economics and The Struggle To Survive In America

https://ips-dc.org/us-billionaire-wealth-584-billion-20-percent-pandemic/

Http://www.jerraldpresident.info//

   Still believe in a rising tide lifting all BOATS. Over 50 million people filed for UNEMPLOYMENT during this PANDEMIC, while the richest 1% wealth increased $600 billion DOLLARS at the same damn time. Gangster Capitalism 101

By JJP...

https://www.clevelandfed.org/newsroom-and-events/publications/economic-commentary/2019-economic-commentaries/ec-201903-what-is-behind-the-persistence-of-the-racial-wealth-gap.aspx

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  " In 2016, the average wealth of households with a head identifying as black was $140,000, while the corresponding level for white-headed households was $901,000, nearly 6.5 times greater". Yet I'm to believe whit...

https://www.visualcapitalist.com/racial-wealth-gap/

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  It's all always about RACE in America. By JJP

  The Racial Wealth Gap in America: Asset Types Held by Race

  The Racial Wealth Gap

People of color have faced economic ...

https://www.ibtimes.com/feds-500b-municipal-bond-buying-could-leave-out-cities-large-black-populations-2959164

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  Did you really think America would  help BLACK AMERICANS? By JJP

  Fed’s $500B Municipal Bond Buying Could Leave Out Cities with Large Black Populations

https://www.washingtonpost.com/business/2020/02/24/reparations-south-carolina-clyburn/?arc404=true

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  21st century Sambo/House Nigga AKA Representative Rep. James E. Clyburn of south Carolina. By JJP

Reparations, rebranded

South Carolina Congressman...

https://www.counterpunch.org/2020/01/10/haiti-by-the-numbers-10-years-later/

Http://www.jerraldpresident.info//

Total foreign assistance disbursed in Haiti since the 2010 earthquake, as of 2018: $11,581,637,407.32. That's $11.5 BILLION DOLLARS! Where did it go? By JJP

Haiti by the Numbers: 10 Years Later

https://www.cbsnews.com/news/worlds-billionaires-have-more-wealth-than-4point6-billion-people-oxfam-report-today-2020-01-19/

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  "The number of billionaires has doubled in the past decade, thanks partly to government policies such as the 2017 U.S. tax overhaul, which cut taxes for America's rich and corporations, as well as the strong stock market". Still believe in the American Dream? B...

https://www.epi.org/blog/racial-and-ethnic-income-gaps-persist-amid-uneven-growth-in-household-incomes/

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   As the world continues to turn Black citizens continue to fall further and further down the proverbial "RABBIT HOLE"! In 2012 black household income was $37k, today it's $41k. Wake up!!!!! By JJP

Racial a...

https://www.nytimes.com/2019/12/11/business/jpmorgan-banking-racism.html

Http://www.jerraldpresident.info//

 Are you truly surprised by this so-called revelaton? The 2007-2008 Financial crisis illuminated their treacherous behavior/racist behavior towards BLACK MEN & WOMEN! By JJP

https://www.knoe.com/content/news/Report-Nearly-half-of-American-workers-have-low-wage-jobs-565741211.html

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  44% of American workers are employed in low-wage jobs that pay median annual wages of $18,000. Men Lie, Women Lie Numbers Don't! By JJP

Report: Nearly half of American workers have low-wage jobs...

https://www.cbsnews.com/news/minimum-wage-2019-almost-half-of-all-americans-work-in-low-wage-jobs/

Http://www.jerraldpresident.info//

  Surprise, Surprise, Surprise welcome to the real AMERICA! By JJP

Almost half of all Americans work in low-wage jobs

BY AIMEE PICCHI

...

https://www.cnn.com/2019/11/22/investing/stocks-market-fed-overnight-lending-rescue/index.html

Http://www.jerraldpresident.info//

 Yet we wonder why we're BROKE, the privately owned Federal Reserve Bank is creating money out of thin air. Giving this new money to it's friends at ZERO interest, which allows their buddies to buy up everything in their path. Please don't say they kept this a SECRET! By JJP

...

https://www.businessinsider.com/forbes-400-wealth-doubled-last-decade-as-tax-rate-fell-2019-11

Http://www.jerraldpresident.info//

400 US citizens — or roughly 0.00025% of the American population have more wealth than 184 Million american citizens.

Wealth owned by the Forbes 400 in 2009: $1.27 trillion (2.7% of total US wealth). Their tax rate:...

https://www.usatoday.com/in-depth/news/education/2019/12/02/why-america-doesnt-have-affordable-daycare-maternity-leave-paid-family/2136595001/

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 This is what happens when the proverbial 'CHICKENS COME HOME TO ROOST"! By JJP

Before having her own kids, Whitney Phinney acknowledges she thought of paid leave and subs...

https://fee.org/articles/central-banks-are-purchasing-gold-at-record-highs-why/

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  They create the money which they use to buy real assets such as GOLD and PROPERTY! A'm I the only person that thinks this does'nt make sense? Ot's only a matter time before the people on this planet awakens. When that happens watch out! By JJP

https://www.cnbc.com/2018/01/22/wef-18-oxfam-says-worlds-richest-1-percent-get-82-percent-of-the-wealth.html

Http://www.jerraldpresident.info//

  Men Lie, Women Lie, Numbers Don't. If the worlds richest 1% percent have 82% percent of the worlds wealth. Which is less than 750 Thousand people out of 7.5 Billion people. Why do we think and believe a college education and hard work will get us to the proverbial TOP?Wake Up!!! By J...

https://www.reuters.com/article/us-global-markets-debt/global-debt-to-top-record-255-trillion-by-years-end-idUSKBN1XP1FB

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There is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts.

Money in the form of investments, derivatives, and crypto...

https://wallstreetonparade.com/2019/11/as-fed-pumps-3-trillion-into-repo-market-morgan-stanley-and-goldman-sachs-practice-borrowing-from-the-feds-discount-window/

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  The chickens will eventually come home to roost. By JJP

As Fed Pumps $3 Trillion into Repo Market, Morgan Stanley and Goldman Sachs Practice Borrowing ...

https://news.yahoo.com/ny-fed-pump-75-bn-money-markets-daily-154943871.html

Htt://www.jerraldpresident.info//

 Just imagine this $75 Billion dollars the Federal Reserve bank is magically creating was giving directly to the her citizens! Or to the states so they would'nt need to TAX it's citizens. By JJP

  NY Fed to pump $75 bn into money ...

https://markets.businessinsider.com/news/stocks/fed-repo-injects-105-billion-into-market-continuing-injection-streak-2019-9-1028549481

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  Roads are crumbling, school buildings are dilapidating and Flint

  The Fed pumps another $105 billion into markets, continuing its streak of capital injection!

The Federal Reserve on Tuesday sold $105 billion in market repurchase agreements, or repos, in a continued effort to calm mone...