Barack Hussein Obama aka Barry Soetoro: World Citizen

By Dr. Jerome Corsi

Obama embraces global future with diminished economy

In little noticed remarks during the town hall meeting in Mumbai on Nov. 7, President Obama once again embraced globalism, while evidence is mounting that globalism means prolonged unemployment in the United States as the U.S. middle class slips into poverty.

“So I do think that one of the challenges that we’re going to be facing in the United States is at a time when we’re still recovering from this [economic] crisis, how do we respond to the challenges of globalism?” Obama asked in Mumbai.

He answered it by suggesting the United States is headed toward a diminished economic future. This was his next sentence: “Because the fact of the matter is, that for most of my lifetime – I’ll turn 50 next year – for most of my lifetime, the United States was such a dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms.”

Then came the clincher: “And now, because of the incredible rise of India and China and Brazil and other countries, the United States remains the largest economic and the largest market but there’s real competition out there.”

Last week, TheEconomicCollapseBlog.com listed 20 reasons why globalism means economic hard times for the United States:

1) American workers are being merged into a global labor pool where they must directly compete for jobs with workers on the other side of the globe that make less than 10 percent of what an average American worker makes. Jobs flowing away from areas where labor is expensive to areas where labor is cheaper are unlikely to return.

2) Globalization has caused the U.S. trade deficit to absolutely explode. In 1985, the U.S. trade deficit with China was $6 million for the entire year. In the month of August alone, the U.S. trade deficit with China was over $28 billion.

3) Today, the United States spends approximately $3.90 on Chinese goods for every $1 that China spends on goods from the United States. This represents a massive transfer of wealth from the American people to China.

4) According to a new study conducted by the Economic Policy Institute, if the U.S. trade deficit with China continues to increase at its current rate, the U.S. economy will lose over half a million jobs this year alone.

5) The United States has lost approximately 42,400 factories since 2001.

6) The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

7) Even high technology industries are leaving America. Manufacturing employment in the U.S. computer industry is actually lower in 2010 than it was in 1975.

8- In 1959, manufacturing represented 28 percent of all U.S. economic output. In 2008, it represented only 11.5 percent.

9) As of the end of 2009, less than 12 million Americans worked in manufacturing. The last time less than 12 million Americans were employed in manufacturing was in 1941.

10) With so much manufacturing leaving the United States, is it any wonder why people can’t find jobs? The “official” unemployment rate in the United States has been at nine and a half percent or above for 14 consecutive months.

11) Today, there are at least 1.5 million “99ers” – those Americans who have completely exhausted all 99 weeks of unemployment benefits and that still do not have jobs.

12) Our dependence on foreign oil also represents an absolutely shocking transfer of wealth from the American people to the oil exporters of the Middle East. Back in 1980, the United States imported approximately 37 percent of the oil that we use. Now we import nearly 60 percent of the oil that we use.

13) Energy imports account for about approximately one-fourth of the U.S. trade deficit.

14) In states such as Mississippi, people spend approximately 6.35 percent of their incomes just on gasoline, according to a recent report by the National Resources Defense Council.

15) Americans end up paying to support American workers one way or another. Either they buy American-made products and services that provide jobs for American workers, or they pay to support unemployed American workers on welfare. Today, more than 42 million Americans are on food stamps. A record number of Americans are receiving long-term unemployment benefits. One way or another, Americans are going to pay to take care of American workers.

16) The U.S. trade deficit is running about $40 or $50 billion a month in 2010. The United States spends 40 to 50 billion more on goods and services from the rest of the world each month than they spend on goods and services from us. That means that by the end of the year, approximately half a trillion dollars (or more) of our wealth will have left the United States for good.

17) All of this wealth leaving the United States is having a huge impact on the standard of living of average Americans. Ten years ago, the United States was ranked No. 1 in average wealth per adult. In 2010, the United States has fallen to seventh.

18) It is now just a matter of time until India is going to pass us as an economic power. In fact, the economy of India is projected to become larger than the U.S. economy by the year 2050.

19) It is now being projected that China will soon dwarf us as an economic power. One prominent economist now says that the Chinese economy will be three times larger than the U.S. economy by the year 2040. According to one recent study, China could become the global leader in patent filings by next year.

20) China has been accumulating a gigantic mountain of dollars from all of the wealth we have been sending them each month, and they have been lending massive amounts of money back to us. Over the past few decades, the communist Chinese have been able to accumulate approximately $2.5 trillion in foreign currency reserves, and the U.S. government now owes them close to $900 billion. We constantly have to send top government officials over there to beg them to continue to lend us money. This is a direct threat not only to our financial system, but also to our national security.

Judging from Obama’s comments in Mumbai, he is well aware globalism means a diminished economic prospect for the U.S., but he still embraces it.

“This will keep America on its toes,” Obama told the town-hall meeting in India. “America is going to have to compete. There is going to be a tug-of-war within the U.S. between those who see globalization as a threat and those who accept we live in an open integrated world which has challenges and opportunities.”

The facts speak for themselves people. We cannot allow this to happen.

New development

Well it looks like the Supreme Court now has something worthwhile to look at, while deciding Barry Soetor’s AKA Barack Obama’s legal birthright. Documents have been found to substantiate his legal birthplace. No longer can the Supreme Court hide from it’s responsibilities and protect an illegal President. I have said all along this man was a phony and just found some proof. The Supreme Court must act responsibly and without pause to remove the phony without delay, as The Constitution of the United States dictates.

Obama’s Birth Certificate

Sent by Mark Schumacher

60341
Don't forget to answer the Security Question before you post comment.

26 Responses to Barack Hussein Obama aka Barry Soetoro: World Citizen

  1. D. R. Gomez WA says:

    Thanks Mark!

    • Mark S. NV says:

      Any time D.R. God bless the Republic!

      • Nana Young says:

        Praise the Lord —-Get this stuffed shirt out of the White House & America before he has an opportunity to do any more damage to our Beautiful America. Send ALL illegals back to their own country. Put handcuffs on all the criminals who are jailed… and make marriage to be one man & one woman & cancel abortions so our children can live and NOT be aborted. There are couples in America who cannot conceive however, they can adopt !!!! Lastly, America has our own petroleum under our ground, so let’s retrieve it so our we don’t have to pay foreign countries through the nose to get our energy !! P.S. someone put up the American Flag so we can pay honor to it with the Star Spangled Banner.

  2. D. R. Gomez WA says:

    Thanks Mark!

  3. Very interesting and useful information, thanks!

  4. Very interesting and useful information, thanks!

  5. Lisa says:

    He is now fighting for unemployment insurance extention for us while Dems want to argue and gain points. Let the rich have their tax cuts as long as I can feed my family too. God Bless America.

    • Henry Shivley OR says:

      Lisa, You say let the top 2% have their tax cut. I have to disagree. There is no way anyone can justify borrowing $900 million in my grandchildren’s name that they will have to pay back, said monies to be given to the richest people in this country. I do not support borrowing from my grandchildren’s future no more than I support those that run up utility bills in their children’s names, which when those children become adults, they are put in the position of paying the bills or prosecuting their parents.
      You have not run out of benefits yet. I have been a 99er since May. I will not compromise through the lowering of our standard of living, accepting socialism to obtain unemployment benefits, or selling out my grandchildren, as I find all three of these options to be complicit with treason against the Republic.

      • demetri says:

        America each negative remark you make to someone unemployed in this country, shows you do not have any moral obligation to yourselves,your family or any future;
        also…

        Every time one of these stories comes up I am so saddened by the negative remarks about people riding the system. Why people continue to think unemployment is “living the American dream” is beyond me. I guess there really are many many ignorant stupid people in this country. I am glad that so many have held onto their jobs and think all is fine and dandy in this country. Good luck to you in the future. When you lose your job and there are literally hundreds of applicants fighting for the few jobs that are available then you’ll know what it truly is like out there.

        I just want to know why it is okay with you that our government bailed out our failed banking system…you know the system that is STILL strangling our economy by not giving any loans out to get businesses moving and hiring again. These organizations are keeping this country in the mess it is in but no one seems to complain about that. No, you just post negative things about your friends and neighbors that have had a stroke of bad luck and need assistance (that they paid into while working no less!!). You treat them like they are stealing from you which is just another uneducated assumption. Try taking your aggressions out on your government and your president that got us to this point by throwing money at every lame business to try to save the country. It is really amazing that we even call ourselves The United States anymore. We are all but united. People turn their backs on each other at the drop of a hat and no one gives a crap about anyone but themselves.

        If you are truly stupid enough to think that anyone living on the paultry income unemployment provides is enjoying some free ride then you need to wake up. Anyone I know that is unemployed would give anything to be working again. If you look outside of your bubble maybe you’ll see just how bad things really are in our country….maybe. It probably wont happen for most though. People just love to be negative in this country. I guess it makes you feel better about yourself to put others down when they are already down and out. Good for you.

        • Henry Shivley OR says:

          Demetri,
          I do not know if you addressed your comment to the wrong person but if you are addressing me, I have to ask what the hell are you talking about?

  6. Lisa says:

    He is now fighting for unemployment insurance extention for us while Dems want to argue and gain points. Let the rich have their tax cuts as long as I can feed my family too. God Bless America.

    • Henry Shivley OR says:

      Lisa, You say let the top 2% have their tax cut. I have to disagree. There is no way anyone can justify borrowing $900 million in my grandchildren’s name that they will have to pay back, said monies to be given to the richest people in this country. I do not support borrowing from my grandchildren’s future no more than I support those that run up utility bills in their children’s names, which when those children become adults, they are put in the position of paying the bills or prosecuting their parents.
      You have not run out of benefits yet. I have been a 99er since May. I will not compromise through the lowering of our standard of living, accepting socialism to obtain unemployment benefits, or selling out my grandchildren, as I find all three of these options to be complicit with treason against the Republic.

      • demetri says:

        America each negative remark you make to someone unemployed in this country, shows you do not have any moral obligation to yourselves,your family or any future;
        also…

        Every time one of these stories comes up I am so saddened by the negative remarks about people riding the system. Why people continue to think unemployment is “living the American dream” is beyond me. I guess there really are many many ignorant stupid people in this country. I am glad that so many have held onto their jobs and think all is fine and dandy in this country. Good luck to you in the future. When you lose your job and there are literally hundreds of applicants fighting for the few jobs that are available then you’ll know what it truly is like out there.

        I just want to know why it is okay with you that our government bailed out our failed banking system…you know the system that is STILL strangling our economy by not giving any loans out to get businesses moving and hiring again. These organizations are keeping this country in the mess it is in but no one seems to complain about that. No, you just post negative things about your friends and neighbors that have had a stroke of bad luck and need assistance (that they paid into while working no less!!). You treat them like they are stealing from you which is just another uneducated assumption. Try taking your aggressions out on your government and your president that got us to this point by throwing money at every lame business to try to save the country. It is really amazing that we even call ourselves The United States anymore. We are all but united. People turn their backs on each other at the drop of a hat and no one gives a crap about anyone but themselves.

        If you are truly stupid enough to think that anyone living on the paultry income unemployment provides is enjoying some free ride then you need to wake up. Anyone I know that is unemployed would give anything to be working again. If you look outside of your bubble maybe you’ll see just how bad things really are in our country….maybe. It probably wont happen for most though. People just love to be negative in this country. I guess it makes you feel better about yourself to put others down when they are already down and out. Good for you.

        • Henry Shivley OR says:

          Demetri,
          I do not know if you addressed your comment to the wrong person but if you are addressing me, I have to ask what the hell are you talking about?

  7. Albert Marchese Jr says:

    I agree… the fact that we now have an ILLEGAL ALIEN as president of the USA shows me that any job can be given to a NON-CITIZEN that is why I only make 1/3 of what my education and experience is worth ….the price of living in a idiocracy

  8. Albert Marchese Jr says:

    I agree… the fact that we now have an ILLEGAL ALIEN as president of the USA shows me that any job can be given to a NON-CITIZEN that is why I only make 1/3 of what my education and experience is worth ….the price of living in a idiocracy

  9. joebanana says:

    With the release of the USGS report on oil reserves in the North Western US being larger than the entire middle east, this untapped reserve has been known for awhile, but kept quiet by our lap dog media. We should be paying .25 a gallon for gas, not $4.50. This is unacceptable. There is NO NEED to buy foreign oil, we’ve got more than enough here. Why is your government making you do this?

  10. Jedi Gold says:

    The world must have balance. Whoever believes their rights supersede the rights of another must learn the lesson of law. We all have the right to prosper and that’s the law.

  11. GodIsMyModerator says:

    barack isnt the only president who was illegal.. every president since eisenhower has been an illegal..the bushs real name is scherff.. take a look at israel.. that is where it all began and where it is supposed to end.. EXCEPT MY GOD will not allow the satanists to hurt his children nor destroy his world… this is a teaching time for the people. either find your humanity and with the satanists is where you belong

  12. Hw00d says:

    This usurper is a fraud by any means, I think Frank Marshall Davis is this mental midget’s real father.
    This is moot tho compared to the countless laws this a$$clown has broken during his tenure, Barry needs to be removed from Office on these alone, of course after he’s found guilty, then will the truth about all this BC crap come to the surface, along with many other interesting, embarrassing, & criminal activity
    Ya see, when the globy puppet masters are done w/ a puppet, it’s carcass thrown to the masses for exposure and consumption and it looks like We, The People are finally whetted w/ some justice. In reality, this was all planned long before by the globy pr#@ks, just a convenient way to take out the trash!

  13. Test Pilot Dummy says:

    noT A cITIzEzn
    prove it now bitch! makes me angry as fsck

  14. Ed Warden says:

    I believe that Sorento or whatever name & social security that IMPOSTOR USES was born in KENYA & his mother may have been a U.S citizen but his father has a DUAL CITIZENSHIP from the NOT SO GREAT BRITAIN & INDONESIA, which would make BARRY INELIGIBLE. FRAUD!

  15. Ali says:

    Whoever was responsible to uphold our constitution & confirm that the president is a natural born citizen
    of this country must be also held responsible & prosecuted. But we most probably will find him/her gone,
    disappeared. It is clear as day that this Obamination was forced on us by the elite. They are using & abusing him to the max & when we finally all scream “FRAUD” get out of the White House the elite will stage a false flag operation by dropping a drone onto the White House & blame it on Iran, Iraq, Syria, Russia or
    whatever suits best. He will not get dragged into courts, way too much atrocities would come out for the
    whole world to see. He also might ingest some cancer virus instead, but that would take too long

  16. maven says:

    That birth certificate hasn’t been verified, but neither has the purported HI one, now proven a fraud. We should check that footprint against Bari’s.

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