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’s Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent “Leadership”

Obama's Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent "Leadership"

Obama’s Free-Falling Economy: U.S. Credit Rating Downgraded for 2nd Time Under Obama Non-Existent “Leadership”

For the second time in under 4 years, the brain-dead Obama administration has allowed our nation’s credit rating to be downgraded.

Citing the “quantitative easing from the Federal Reserve”, and mounting federal debt, Egan-Jones has been able to see through the Obama administration’s reality-bending ahead of the election, and are fully aware that the things that the Obama administration are doing to try and fool the voters into thinking that the economy is making a rebound are just smoke and mirrors designed to trick the American People.

Standard & Poor’s has already downgraded our nation’s credit rating, and Moody’s Investors Service said just this week that it will probably do the same.

Ratings firm Egan-Jones cut its credit rating on the U.S. government to “AA-” from “AA,” citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country’s credit quality.

In its downgrade, the firm said that issuing more currency and depressing interest rates through purchasing mortgage-backed securities does



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