Politics,Economics and The Struggle To Survive In America

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Employers Can Buy Retirement Security for $2.64 an Hour

Posted by Jerrald J President on April 11, 2019 at 9:00 AM Comments comments (0)

https://www.bloomberg.com/opinion/articles/2019-04-10/employers-can-buy-retirement-security-for-2-64-an-hour

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 " Workers once had brighter retirement prospects, if not higher wages. What’s changed is that over the last four decades, a growing number of employers replaced their pensions with 401(k) and other defined contribution plans, shifting the responsibility of saving for retirement ...

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D.C. emancipation tallied the price of freedom

Posted by Jerrald J President on April 11, 2019 at 7:30 AM Comments comments (0)

https://www.washingtonpost.com/local/dc-emancipation-tallied-the-price-of-freedom/2012/04/11/gIQAHvWfBT_story.html?noredirect=on&utm_term=.fdb5d9bbc1ed

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"The new law stipulated that the government would pay masters as much as $300 for each freed slave, although, in the end, the owners were often paid much more". Self explanatory... By JJP


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Landmark Legislation: The District of Columbia Compensated Emancipation Act

Posted by Jerrald J President on April 11, 2019 at 7:20 AM Comments comments (0)

https://www.senate.gov/artandhistory/history/common/generic/DCEmancipationAct.htm

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 Yet , my anscestors being direct " Descendent Of A Slaves In America" received Absolutely Nothing! By JJP

     Landmark Legislation: The District of Columbia Compensated Emancipation Act


On a visit to Was...

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$68 trillion is about to change hands in the US

Posted by Jerrald J President on March 11, 2019 at 8:35 AM Comments comments (0)

https://www.cnbc.com/2018/11/20/great-wealth-transfer-is-passing-from-baby-boomers-to-gen-x-millennials.html

Http://www.jerraldpresident.info//

  This is what the Trump presidentcy will be remembered for. Do you really think this will trickle down to you? By JJP

  $68 trillion is about to change hands in the US


 

Baby b...

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World's 26 richest people own as much as poorest 50%, says Oxfam

Posted by Jerrald J President on January 27, 2019 at 11:40 PM Comments comments (0)

https://www.theguardian.com/business/2019/jan/21/world-26-richest-people-own-as-much-as-poorest-50-per-cent-oxfam-report

Http://www.jerraldpresident.info//

 Every year the numbers of billionaires increases, while the politicians they control/finance tell US everything is fine. By JJP

 

World's 26 richest people own as much as poorest 50%, says Oxfam

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Members Of The Forbes 400 Hold More Wealth Than All U.S. Black Families Combined, Study Finds

Posted by Jerrald J President on January 19, 2019 at 3:05 PM Comments comments (0)

https://www.forbes.com/sites/noahkirsch/2019/01/14/members-of-forbes-400-hold-more-wealth-than-all-us-black-families-combined-study-finds/#6657bd626771

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  Separately, the study noted, “Between 1983 and 2016, the median Black family saw their wealth drop by more than half after adjusting for inflation, compared to a 33% increase for the median White household.” At present, the media...

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Dreams Deferred: How Enriching the 1% Widens the Racial Wealth Divide

Posted by Jerrald J President on January 19, 2019 at 3:00 PM Comments comments (0)

https://inequality.org/great-divide/dreams-deferred-racial-wealth-divide/

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 "Between 1983 and 2016, the median Black family saw their wealth drop by more than half after adjusting for inflation, compared to a 33 percent increase for the median White household. Over that same period, the number of households with $10 million or more skyrocketed by 856 percent." Gangster Capitalism 101

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Fed Says Millennials Are Just Like Their Parents. Only Poorer

Posted by Jerrald J President on December 5, 2018 at 8:20 AM Comments comments (0)

https://www.bloomberg.com/news/articles/2018-11-29/fed-says-millennials-are-just-like-their-parents-only-poorer

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  All around America same song!!! By JJP

Fed Says Millennials Are Just Like Their Parents. Only Poorer

Millennials, long presumed to have less interest in the nonstop consumption of goods that underpi...

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Wage Statistics for 2017

Posted by Jerrald J President on December 5, 2018 at 7:55 AM Comments comments (0)

https://www.ssa.gov/cgi-bin/netcomp.cgi?year=2017

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"50 percent of wage earners had net compensation less than or equal to the median wage, which is estimated to be $31,561.49 for 2017". By JJP

Wage Statistics for 2017


The national average wage index (AWI) is based on compensation (wages, tips, and the like) subject ...

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General Motors to lay off 15 percent of workers, shutter 5 plants in North America

Posted by Jerrald J President on December 5, 2018 at 7:40 AM Comments comments (0)

https://abcnews.go.com/Business/general-motors-lay-off-15-percent-workers-shut/story?id=59419725

Http://www.jerraldpresident.info//

  Tha proverbial canary in the mine is here America. By JJP

 

General Motors is laying off 15 percent of its salaried workers and shuttering five plants in North America, the Detroit automaker announced on Monday.

Inte...

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Constitutional Amendments and Major Civil Rights Acts of Congress Referenced in Black Americans in Congress

Posted by Jerrald J President on November 11, 2018 at 9:50 AM Comments comments (0)

https://history.house.gov/Exhibitions-and-Publications/BAIC/Historical-Data/Constitutional-Amendments-and-Legislation/

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  With a stroke of the pen my so-called rights in America could vanish.  By JJP

  Constitutional Amendments and Major Civil Rights Acts of Congress Referenced in Black Americans in Congress

...

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Conservatives call for constitutional intervention last seen 230 years ago

Posted by Jerrald J President on November 11, 2018 at 9:40 AM Comments comments (0)

https://www.theguardian.com/us-news/2018/aug/11/conservatives-call-for-constitutional-convention-alec

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   You think this is a game? These "Descendants of Slave Owners" are not playing. What do you think the mean when they say "The Original Intent of The Constitution"! By JJP


Conservatives call for constitutional interv...

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More voters purged from voter rolls between 2014 and 2016: Report

Posted by Jerrald J President on November 11, 2018 at 7:25 AM Comments comments (0)

https://abcnews.go.com/amp/Politics/millions-voters-purged-voter-rolls-2014-2016-report/story?id=56756914

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  American Gangsterism 101. By JJP

 

 

More voters purged from voter rolls between 2014 and 2016: Report



WATCH: High court rules that Congress needs to update the land...

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Shelby County v. Holder

Posted by Jerrald J President on November 11, 2018 at 7:20 AM Comments comments (0)

https://www.brennancenter.org/legal-work/shelby-county-v-holder

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 The mid term elections proved and showed how America has always treated Descendants of Slave. By gutting the 1965 Voters Rights act the desied outcome came to fruition. By JJP

 

Shelby County v. Holder

August ...

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How Did the Supreme Court Give a Green Light to Massive Voter Suppression?

Posted by Jerrald J President on November 11, 2018 at 7:15 AM Comments comments (0)

https://www.thenation.com/article/supreme-court-give-green-light-massive-voter-suppression/

http://www.jerraldpresident.info//

 " In April 2010, Shelby County, Alabama filed suit asking a federal court in Washington, DC to declare Section 5 of the Voting Rights Act unconstitutional. Section 5 is a key part of the Voting Rights Act, requiring certain jurisdictions with a history of discrimination to submit any proposed changes ...

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The Creeping Privatization of America's Armed Forces

Posted by Jerrald J President on November 11, 2018 at 7:05 AM Comments comments (0)

https://www.newsweek.com/creeping-privatization-americas-forces-616347?amp=1

http://www.jerraldpresident.info//

  This is why they just love their military. It's largest PONZI scheme created next to the Federal Bank. By JJP

 The Creeping Privatization of America’s Armed Forces

Given the absence of any kind of American grand strategy, rising ...

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What We Need to Fight the Next Financial Crisis

Posted by Jerrald J President on September 17, 2018 at 10:15 AM Comments comments (0)

https://www.nytimes.com/2018/09/07/opinion/sunday/bernanke-lehman-anniversary-oped.html

http://www.jerraldpresident.info//

   This is what a "REAL GANGSTER" looks like. By JJP

What We Need to Fight the Next Financial Crisis

Congress has taken away some of the tools that were crucial to us during the 2008 panic. It&...

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U.S. Federal Budget Breakdown

Posted by Jerrald J President on August 28, 2018 at 6:50 PM Comments comments (0)

https://www.thebalance.com/u-s-federal-budget-breakdown-3305789

http://www.jerraldpresident.info//

 The discretionary budget is $1.203 trillion. More than half goes toward military spending, including the Department of Veterans Affairs and other defense-related departments. To quote the late great 2Pac "They got money for WARS , but can't feed the POOR". By JJP

U.S. Feder...

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