Obama's next targets: Walmart, Best Buy?12/4/12 Wage scheme devastated businesses, aided economic collapse A far-left think tank founded with input from President Obama is pushing a plan for private retail stores such as Walmart to create a new wage floor that hikes workers wages by at least 27 percent to $12.25 per hour. The scheme is outlined in a new study published by Demos, a longtime partner of the disgraced ACORN activist group. Unmentioned in the Demos study is that the new wage floor is modeled after another Demos plan for a living wage that devastated business when it was attempted in some cities in the 1990s as a pet project of ACORN. According to Demos own website, while Obama was a state senator in 1999, he served on the working group that founded Demos. WND previously reported Demos may have been instrumental in the Obama administrations hiring of Van Jones, the former White House green jobs adviser who resigned after it was exposed he founded a communist revolutionary organization and called for resistance against the U.S. government. Jones is now a Demos scholar. --- That law was urged on by ACORN and the socialist New Party, which was also instrumental in lobby efforts in Baltimore. The living wage campaign was a main platform of the socialist New Party. In a controversy never fully addressed by Obama, WND previously reported the New Partys own newsletters documented Obama was a member of the party. The New Party sought to elect members to public office with the aim of moving the Democratic Party far leftward to ultimately form a new political party with a socialist agenda. --- Obamas next targets: Walmart, Best Buy?