Black and Hispanic Families Lose More Wealth Under Obama Admin than Other Groups

Unemployment Rate for Blacks Jumps to 14.4 Percent - Hispanic and Latino Unemployment Rate at 11.0 PercentThis goes to show how completely unconcerned Obama and his cronies are with the plight of African Americans and Hispanic people.

If Obama was concerned with the living standard of African Americans and Hispanic families, you would have seen some kind of positive change in the earning ratios of those groups, but this is far from the case.

In fact an Urban Institute study shows that the earning ratios for African Americans and Hispanic families has not improved at all, and has actually gotten much worse under the Obama administration.

We will say it again, and this time include Hispanics.
Obama Doesn’t Care About Black People or Hispanic People unless they are rich and donating loads of their money to the perpetual Obama campaign.

Millions of Americans suffered a loss of wealth during the recession and the sluggish recovery that followed. But the last half-decade has proved far worse for black and Hispanic families than for white families, starkly widening the already large gulf in wealth between non-Hispanic white Americans and most minority groups, according to a new study from



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Obama Crony Socialism: “Obama Phone” Giveaway Makes Obama Supporters Very Rich

The “Obama Phone” giveaway that Democrats try and say is necessary to low-income families is just another Obama handout to his supporters – on two fronts.

Obama Crony Socialism: “Obama Phone” Giveaway Makes Obama Supporters Very Rich

Obama Crony Socialism: “Obama Phone” Giveaway Makes Obama Supporters Very Rich

The Obama administration brainwashes minority groups in America to keep them on their side by giving away as much free stuff as they can, which serves to brainwash these groups into supporting the Democrat party, even though the Democrat party is the real party of slavery and racism.

The Obama administration’s “Obama phone” giveaway program mainly benefits the wireless carriers though, with TracFone profiting the most.

Interestingly, TracFone is run by a Democratic donor whose wife has raised more than $1.5 million for the DNC, and the return business is just more Obama crony capitalism at work.

A wireless company profiting from the so-called “Obama phone” giveaway program is run by a prominent Democratic donor whose wife has raised more than $1.5 million for the president since 2007.

Last week a video of a President Barack Obama supporter in Ohio claiming to have



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