unemployment (20)

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THE OBAMA COALITION IS ABOUT TO COME APART

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For the past decade the Democrats have managed to defy gravity by bolting together an unlikely coalition of the richest and poorest Americans. It’s no secret. Ever since President Bush’s re-election in 2004, the pattern has been clear. People making above $100,000 and below $40,000 vote Democratic. The people in the middle vote Republican.

But now that top-bottom coalition is about to come apart, or lose its majority status at least. And the issue will be one that may loom larger than the debacle of Obamacare — the Keystone Pipeline.

Forget all that business about Barack Obama being the first African-American President, the child of poverty and discrimination who fought his way to the top through sheer brilliance and doggedness. Sure African-Americans vote 90 percent for him and form an indispensable part of his coalition. But Obama hasn’t done a thing for them since taking office except increase unemployment.

POLL: Should the Keystone Pipeline be built?

No, the real Obama is the one who came out of Harvard and Chicago Law Schools, picking up everything he knows in the faculty lounge. That’s where he met the people who taught him that middle Americans are frustrated yahoos “clinging to their guns and religion,” the ones who set him on the lunatic path of believing that what the weather is going to be like in 50 years is the most important issue facing America.

Obama’s critical support comes from the upper crust of America, the citizens who live comfortably sheltered in academia and the non-profit sector, who don’t care much about electricity or the manufacturing economy but who honestly believe that we can shut down the whole middle portion of the country and turn off the lights in order to save the world from the “pollution” of carbon dioxide.

more:

http://spectator.org/articles/59245/obama-coalition-about-come-apart

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4063828860?profile=original      Black History Month  perfect timing to launch impeachment   -  Photo Credit – Truly African

Rev. Martin Luther King Jr. spoke eloquently and forcefully about an America where black people were forced to endure a shameful condition.  Well, black people can look no further than the White House to find a man who has been perpetrating a fraud and a shameful condition against black Americans for five years.

Most every black family  and most likely every young black child who lived anywhere in America had to be celebrating the day that Barack  Obama took the oath of office as the first person of color to occupy the White House as president.  Now a half decade later, those same black families and same black adults and teens have seen their incomes, life savings and job opportunities spiraling downward like an avalanche.

Five years into the Barack Obama’s presidency, the number of African-Americans participating in the labor force has hit rock bottom and now threatens to even go through the basement floor, according to the U.S. Labor Department.  Consider the direness of the situation.  In January, exactly a year after Obama began his second term of office, “the drop in labor force participation was sharpest for African Americans, who saw a decline of 0.3 percentage points to 60.2 percent, the lowest rate since December of 1977,” according to U.S. Bureau of Labor Statistics.

Those are statistics which would have sent Rev. Jesse Jackson, Rev. Al Sharpton and legions of NAACP marchers heading for Washington to demonstrate against the occupant of the White House.  Instead, these same certified hypocritical black leaders of the Afro-American community have given Obama a “Stay out of Impeachment Hall Pass.”

 This is more than frightening when one considers that each and every black pastor that prays over the body of a young black teen that was caught in the cross-fire of black-on-black crime should now be speaking out about Obama.  Where is the hue and cry this month of black celebration from these men and women of the cloth, who know that these kids and their families need jobs and opportunities and not bullets and funerals?

But, yet the halls of worship are as silent as the ideas that are emanating from the Oval Office for remedying the problems that weigh as anchors around the necks of dispossessed black families in America.

( READ MORE - Click )

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Democrats - Party of Two Faces

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It’s sad, but necessary to call a “Spade a Spade.”  The Democrats are not defenders of our Constitution – they are two- faced and the party of treason.  Democrats have turned on America and Americans. 

They refuse to address and take ownership of the five biggest scandals in our history starting with the Fast & Furious gunrunner operation, the Benghazi murders, the IRS, the NSA and Obamacare. 

They slink away and hide behind closed doors pretending that their Democratic Party is not responsible and should not be held accountable for these scandals – we’re talking about murder, corrupt politics, invasion of our privacy, intentional and malicious attacks on tea parties and conservative groups plus a healthcare law that is causing harm to private individuals and businesses. 

Instead of worrying about our horrific National Deficit, a balanced budget, secured borders, a strong Military, jobs and reduction of the entitlement society they want to spend the little bit of money we have left, refuse to balance the budget, want amnesty for millions of illegal aliens, climate and energy change, depress our Military and increase the entitlement society. 

There is definitely a progressive trend within the Democratic ranks that is easily identified by the manner that they conduct business in our White House.  They spend all of their waking hours demonizing, falsely accusing any and all Americans who aren’t in agreement with their Socialistic ideology.

As we speak they’re attacking Dinesh D’Sousa, Hollywood Conservatives “Friends of Abe”, Sheriff Joe Arpaio, Chris Christy, Marilinda Garcia, S&P and tea parties and conservative groups. That’s just the tip of the iceberg – throw in all of the AG (Eric Holder’s) lawsuits and recent attacks on MLK Day against Hermann Cane, Niger Innis and Dr. Ben Carson. 

They have already launched the New Year creating headlines of one distraction after the other. Obama’s State of the Union jargon pretty much sets the stage for Americans in 2014.  While Democrats and the Liberal news media work behind the scenes creating the distractions, Soros, Podesta & Obama have plans to force higher taxes, amnesty, climate and energy change thru this year, which like Obamacare will weaken the middle class.

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Again I must refer to the Democratic Party as two-faced individuals (the party of scandals) hell bent on destroying the greatest Country in the World. They are a treacherous evil group of individuals who have spent the last five years destructing and destroying America by intentionally removing our freedoms and rights as handed to us by our forefathers in the Constitution.

While we were sleeping the Democrats launched an attack on our children with Common Core – it has been established for one purpose only warping the minds of our children starting with the youngest. They have taken parental rights away, infiltrating our schools in an attempt to brainwash and control the next generations.  The Washington Bureaucrats just snatched parental control from parents making our children the property of “Big Government.” 

They have launched an attack on the middle class (all races) destroying jobs and job growth, which has created a larger group of people who are totally dependent on the Government.

The Party of Two Faces have increased out debt to an almost unsustainable level.

In 2014, the Party of Two Faces has big plans to ramrod many costly changes and new laws down American’s throats via Obama’s Executive Orders.  Be prepared for what’s about to come if Obama and Democrats get their way. 

Their talk about income inequality, climate and energy change is merely a devious way to continue Obama’s “redistribution” and shove us down the path to Socialism.  Their agenda for 2014 is to suppress the American populace, remove their “God” given rights and freedom, control our kids, healthcare, energy and explode the growth of the entitlement society. 

72 percent of Americans expressed the belief that big government now poses a greater threat to America than big business or big labor. Americans are realizing that actual unemployment for full time workers is hovering between 20 and 25%. 

Millions of Americans are without jobs and have discontinued looking for jobs.  Millions of Americans have been forced to take part time jobs.  Millions of Americans are suffering because of the Democratic Party.

The past five years should be a wake - up call for poor, the middle class and the wealthy. The poor or (entitlement crowd) will get poorer, the lower part of the middle class will join the entitlement recipients and the wealthy will be expected to pay for the costs created by a socialistic society. 

As Always,

Little Tboca

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Unemployment Insurance

It is time for the Republicans to stop reacting to failed Democratic positions on policy and become proactive in all matters.  Take for instance the debate regarding extending the Federal Unemployment Insurance Program.  The Republicans once again are merely reacting to the talking points of the Democrats.  When will they learn to be proactive.  Here is an easy solution that most Americans will understand and may actually bring a small level of respect back to the Republican Party should they have the manhood to even propose a creative and intellectually consistent idea for once this decade. 

1.         Acknowledge in the Bill authorizing the extension of Unemployment Insurance that the program is an insurance program which must be fully funded and is not an entitlement.

 2.         That the program can be fully funded without either increasing the current fiscal year deficit or the total Federal debt by merely reducing the budgets of all Federal Programs by the amount of the waste and abuse found by Mr. Tom Coburn and published in his annual Report. 

 3.         That the amount of unemployment insurance benefit be changed to reflect a decreasing amount of benefit of 25% for each 6 month period of time after the first year of insurance benefits resulting in zero insurance benefit after 3 years of unemployment.

 In addition, the amount of waste and abuse found in Mr. Coburn's report should be added up by department and legislation should be passed that require the suspension of any and all bonuses and raises for all employees in any department whose level of waste and abuse equals 1% or more of their budget.

 This issue is just another situation where the Republican Party has the opportunity to succeed or fail in their intellectual war for the future of this country with the progressives.

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An average Dec. 2012 BLS wage adjusted from 34.4 hours to 40/hr with 30% employer taxes etc, is $64,300.   It’s the average employer’s annual employee productivity cost.   If jobless citizens receive $36,546 subsidies equal to illegal aliens ($402 billion/11 million), individual unemployment costs $100,845!

 

Government’s $36,546 alien invader subsidy increases jobless costs to $137,391 when citizens lose jobs to subsidized aliens! (Government numbers & basic math!)

BLS 12-2012 shows 12.5 million unemployed, 6.4 million looking for work, plus another 6.9 million who “disappeared” from the work force based on 1997-2008 12/yr average “population/workforce” ratios.   That totals 25.8 million jobless citizens!   The BLS 34.4 hour week vs. 40/hrs @ 155.0 million workers says part time joblessness equals 25.2 million jobs lost to part time work trends (16.28%)!     Potential joblessness is 51 million (33%)!   A government that pays and protects 11(?) million alien invaders and begs for more during extreme recession is defying and mocking Constitution, law, and citizens!

 

Simultaneously we have 11 to 30 million tax evading criminal aliens working for tax evading criminals who pay $12,480/yr tax free cash ($8 taxable is $6 cash).    Because criminal tax evading employers pay $12,480 for $64,300 worth of productivity, they take $51,820 windfall criminal profits!   A very slight amount of that windfall is more than enough to drive competitors and legitimate workers out of business!    Government protects criminal employers who flood the free labor market with workers, destroy wage competition, bankrupt business competition, drive wages below minimum wage, loot tax revenue, loot taxpayer benefit funds, and keep $51,820 per invader spoils!    That’s evil, not patriotism!

 

Because lawless executive-legislative officers protect and give alien invaders $36,546 in subsidies, invaders take home tax free $49,025 @40hr/wk ($47,278 @BLS 34.4hr/wk)!   Law abiding citizens take home $37,096 @ 40hr/wk ($31,903 @BLS 34.4hr/wk) after 25% tax!   Lawful citizen's $31,903 take-home is $15,375 less than government subsidized criminal invaders and $4,642 less than government’s tax-free $36,545 criminal alien subsidies!   Government is clearly creating severe productivity penalties simultaneously with extreme subsidy dependency!     Because increasing geometric demand for subsidies will be opposite the decreasing geometric productivity ability to pay for it, financial collapse is near!

 

Read it again – you can’t find a more demonic cancer that has divided, demonized, and desecrated every tradition and foundation of our once highly productive free Constitutional society!   Destruction to citizen productivity and independence is incalculable!  Government subsidized criminal aliens taking citizen jobs costs $137,391 each!  It’s $1.5 trillion/yr @11 million to $2.7 trillion/yr @ 20 million displaced citizens!    This doesn't include highly significant costs of aliens legally permitted to displace cirizens!

 

The amnesty-border issue is about lawless subversive control of government by defiance and mocking of oath and duty of office by executive-legislative officials.   Officials like Rubio, who adamantly state they can’t enforce the law and constitution, must either resign or be prosecuted for obstructing justice.    Citizens must elect officials who take their 24/7 oath and duty seriously… and recall and prosecute those who mock it!

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Rubio & Schumer have a plan! Rubio-Schumer’s gang of 8 is going to make criminal alien invaders build a fence down the middle of the Rio Grande with a foundation to bedrock and razor wire soaring all the way up to heaven, all the way around the USA oceans, mountains & clouds! Imagine a criminal getting to the top, leaping through God’s door that says “free stuff” & down he goes, like a flaming streak of spit as he reenters the atmosphere... “Poof”! Rubio & Schumer are going to tax their $6/hr invaders to pay for it! If they don’t pay they’ll drown them in more free stuff and raise your taxes! The whole 8 gang is shouting, “Trust us - it won’t cost us anything!” Their “us” is them, not “us” citizens!

What do you think happens when legitimate employers pay $64,300/yr wage & taxes for average citizen workers when criminal employers pay $12,480 tax free for the same productivity to criminal aliens? Because the alien subsidy is more than enough for subsistence, the alien can send more than the cash tax free wage to their “homeland” completely outside our economy! Crime does pay… more than enough to buy favors that eliminate legitimate supply competition simultaneously with flooding the labor market to drive wages into a slave labor pool that guts citizen “worker” earnings potential!

“Average" jobless citizens lose $37,096 take home pay! Government loses $27,204 taxes (employer paid tax/regs. ($14,839 @30%) and employee tax ($12,365 @25%) – (Dec, 2012 BLS wage adjusted to 40 hours is $49,462)! Our maniac “oppressive” government subsidizes the jobless worker and the criminal aliens who take their jobs costs $73,091 ($36,545.50 each)! The existing cost today is $137,391 for every citizen replaced by a criminal invader! BECAUSE OUR EXECUTIVE-LEGISLATIVE OFFICERS WILL NOT ENFORCE CURRENT LAWS OR THE CONSTITUTION! IT'S $1.5 TRILLION EACH YEAR @ 11 MILLION AND $2.7 TRILLION @ 20 MILLION! Amnesty makes those costs permanent!

If there are no invader jobs, it all GOES AWAY! If laws were enforced the criminal employers and half of DC would be on a chain gang building their damned fence for beans & water rations; and there would be no one left to obstruct the laws to destroy this once wonderful nation!

Note, if you adjust the December, 2012 BLS to the 12 year 1997 through 2008 workforce population, the jobless rate is 25.8 million (16.7%) – over double 12.5 (8.1%) touted by progressives. Further, if 34.4 BLS reported work week hours are adjusted to full time 40 hours there is another 25.2 million jobs buried in part time employment, which puts the outer fringes at 51 million lost jobs and 33%.

The simple fact that 11 to 30 million criminal aliens @ $137,394 plus no one knows how many non-subsidized legal aliens @ $100,846 are displacing 20 + million citizen workers is undeniably high treason, especially when the only factual based claim is an overwhelming surge of mercenary “progressive votes” that will overthrow Constitutional government, by granting amnesty!

Check the numbers & references out – pass it on – Enforce truth and consequences on those sworn to uphold truth!   Rubio & Schumer's motives are immaterial - what they are doing is demonic - a poison pill to all US citizens of all color and origins alike!   Look at the national debt, SSI with $2 trillion instead of $100+ trillion, and all of the "unfunded" time bomb pension plans in the US collecting 0 interest in a time of double digit inflation spending!

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The gang of 8 & cohorts are ready to give 11 million criminal invaders amnesty at a cost of $1.5 to $2.7 trillion per year to citizens!   That’s roughly what is already embedded in our economy right now!   The gang doesn’t know how many are here, where they are, lie about the cost, and refuse to mention around 25.8 million citizens who might want to be employed.   Calling criminal invaders “undocumented workers” doesn’t change the facts that they criminally entered the country, criminally remain every day, are criminally employed in criminal jobs (no tax etc.), criminally pay no taxes, criminally take citizens’ public resources… simply saying it’s serial crime!   The executive-legislative-DOJ areas of government invite, aid, and abet this corruption by violating oath of office, Constitution, and law!     The issue is CRIME, NOT RACE!    We borrow roughly $1.5 trillion/yr that we can’t repay, while countless millions of every race citizen live in progressive hell holes worse than Afghanistan, TODAY.

Bottom line "jobless American" loses $37,096 cash pay, government loses $100,294 (tax revenue plus 2 subsidies), & the US economy takes a $137,391 hit for every illegal… assuming there is only 11 million.     That's up to $1.5 trillion @ 11 million to $2.7 trillion if 20 million!   That’s $69 to $124 Trillion over a 46 year work life!

Remember!!!   Illegals take home $12,480 (40 hr @ $6 cash (same as $8 pre tax)) plus $36,545 from various government & other related government subsidies ($402 BILLION/11 MILLION) for a total $49,025.     An average BLS citizen takes home $37,096 after $12,365 employee taxes & regulations – That’s $11,929 less than the alien takes home!      The criminal alien’s criminal employer doesn't pay employer wage taxes.     Government pays the $36,545  illegal alien subsidy plus subsidies for jobless citizens at the same $36,545 (?).

Don't understand the jobless numbers???  December 2012 was 12.506 million "unemployed", 6.434 wanting a job, 6.896 disappearing workforce (1997 through 2008 workforce to population 66.54% vs 2012 @ 63.70%), sets maximum unemployed @ 25.839 million (16.7%)!

If 154.975 "working" 40 hours full time instead of 34.4 (BLS) adds 25.228 million (16.3%) more jobs lost, then joblessness potential is 51,067 (33%).    Obamacare scare is throwing millions into the part-time unemployment.

This country is being divided and conquered from within by deception and sedition.    The Constitution as written and its core law will heal and reunite if enforced!    That won’t happen until a good dose of truth and consequences is injected into the legislature.    Let them be known by  what they are!

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AMNESTY 5-10-13

Would you vote for amnesty if it generates an economic loss of $1.67 TRILLION per year, $16.7 trillion in 10 years, and $100.2 trillion in a 60 year adult lifetime (18-78)??   That loss will stop the moment we stop corruption and lawlessness in the executive, legislative and judicial offices of government.   Constitution, statutes, oaths of office, and truth are literally mocked and openly violated without restraint or fear.    Immediate top down enforcement, prosecution, fines, & jail is the only solution.

 

According to Fox News, 20 million citizens are unemployed and millions more work part time!  Government says average wage is $43,500.    We have 11 to 30 million illegal aliens working!

 

When wages are lost, citizens receive unemployment and SNAP cards that trigger many other interlocking webs of local, state, and federal taxpayer funded welfare!     With dependents,” benefits” are significantly above individual $23,000 poverty levels!   Benefits” represent saved productive wealth taxed from someone else by government to give to those without wealth enough to buy-consume food, etc.    Consumption doesn’t generate productivity or wealth.   Wealth generated by productivity provides the capability to demand products and productivity.

 

ECONOMIC LOSSES OF UNEMPLOYMENT BEGINS AT $1.27 TRILLION!   Citizens lose $870 billion of self sustaining productive salary based revenue when their job is lost (20 million @ $43,500) plus government will tax $400 billion from producing workers to subsidize the unemployed (20 million @ $20,000 consumption)!.   Average unemployed citizen loss is $63,500 each.   The real cost is considerably higher than this example!   That doesn’t include SSI and criminal damages!

 

Criminal invaders cost ANOTHER $400 billion beyond unemployed citizen economic losses ($36,365 each @ 11 million).      Simultaneously, 11 to 30 million criminal alien invaders work in criminal workplaces.   Because illegal aliens are confined to low wage wage criminal employment our corrupt lawless government gives aliens SNAP debit cards and all other triggered federal, state, and local benefits, without citizenship proof, plus free healthcare, education, etc.!    A recent pro-amnesty study quoted illegal alien cost at $402 billion ($400 rounded), in a bizarre claim that criminal invaders contributed $35 billion to the economy because they saved $437 billion in wage costs!    Inflation and prices are increasing, not falling!

 

Because illegal aliens are criminals with no rights, they work for pennies on the dollar, and enable their criminal employers to make windfall profits while driving lawful competition out of business!    A $20 citizen wage with taxes & other regulations roughly costs legitimate employers $26+/-.   A minimum $8 wage worker might take home $6.00/hr after 25% FICA & income taxes, etc.   A 10 hour day legitimate worker cost $286 compared to $60 cash with no overtime, taxes, etc., says criminal employers have an illegal $226 advantage that will and has destroyed free competitive wages plus law abiding employees and employers, especially in construction trades!

 

The Heritage Foundation “study” fails to account for 20 million citizens chronically unemployed on government assistance plus the fact that the US productive infrastructure has been sacked over the past 20+ years by US “global” monopolies such as GE!   Heritage’s assumption that government officials who profitably and  criminally mock Constitution and statute will suddenly stop and serve citizens instead of themselves, is preposterous!    Heritage notes aliens are already (illegally) on government welfare, but fails to account for the cost and effects!   Nothing in the amnesty bill or anything else on the horizon addresses the 20 million citizens who are cast into poverty by criminal alien invaders!  The only thing that will stop lawlessness at the top is prosecutions, fines, and serious jail time!    I don’t quarrel with their assumptions or conclusions, other than, they are immaterial when compared the glaring issues missed – no put down implied!

 

People like Steve Moore need to be in the tomato patch, buttocks high in the sun, dawn to dusk, trying to keep up with a young person who’s afraid of being arrested if the boss-man decides he’s a few tomatoes shy of his quota!   Add the $6.3 to the $100.2 trillion, and the resulting $106.5 trillion might make sense.   Reiterating mindless talking points aimed at driving the lemmings into the sea are evil

 

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The Reality of Long Term Unemployment

4063657898?profile=originalIn his “Mission Accomplished” moment, Barack Hussein Obama ended his jobs council on Thursday, January 31, 2013.

Despite the fact that more than 12 million people in the U.S. are still out of work. 

Obama’s allies will point out that when the jobs council began two years ago, unemployment was above 9 percent and has since improved to 7.8 percent.  What they conveniently overlook is that the unemployment number has shifted downwards in large part due to people who have exceeded their unemployment benefits are no longer being counted.

So, if you are a middle aged worker who has experienced long term unemployment, you have forever lost what for most people were the peak earning years of life.  A time when under normal circumstances, the opportunity to save for retirement was most feasible financially.

Instead you were drawing unemployment benefits worth less than half what you used to make.  As the result, instead of saving for retirement, you reduced your expenditures (read: standard of living) by half.

Not to mention the loss of medical, vacation, 401k and other employer provided benefits.

Then to add insult to injury, the self-imagined, self-appointed “progressive” intellectual elite ruling class decide that the expiration of the unemployment benefits that sustained your Spartan existence means that for the purposes of their statistics, you are no longer out of work.

Even if you have honestly sought work for years and have been unsuccessful thanks to an economy crippled by their “progressive” economic policies, have used up all your personal savings and are a month or two away from living on the street.

The reality of long term unemployment is not being accurately portrayed by the Obama administration, their4063657978?profile=original “progressive” political allies, or their devoted supporters within the institutionalized “progressive” left.

The economy is not growing.  Jobs are not being created.  If you are unemployed, prospects for future employment look bleak.

Their big government “stimulus” spending was devoted primarily to helping their “progressive” allies in blue states that needed the money to balance their own indebted balance sheets.

Every dollar spent on “stimulus” was obtained through a tax on the private sector.  Instead of the private sector having the money they earned to invest in growing business and creating jobs, it was sent to Washington DC, where the cost of an ever growing, bloated bureaucracy was first removed, then redistributed to those deemed fit by the same self-imagined, self-appointed “progressive” intellectual elite ruling class that has shown through their handling of the nation’s unemployment statistics that they are far more concerned with retaining their own grip on power than truly helping the little guy.

If you have a job, thank God and pray to keep it.

http://mjfellright.wordpress.com/2013/01/31/the-reality-of-long-term-unemployment/

Watch Episode 1 for free

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Unemployment 7.8% October Surprise

After having his hat handed to him and being shown the door by his opponent in a debate performance so poor for Barack Obama that his only recourse was to bully Mitt Romney on the campaign stump the next day, what is a candidate hoping for re-election supposed to do to change the momentum?

Have the Labor Department revise previous unemployment numbers to show that the economy created 86,000 more jobs during the summer than first reported, then conclude that as a result, the unemployment rate has actually fallen below 8.1 per cent in for the first time in almost four years.4063593166?profile=original

What a coincidence.  Just like magic.

The Labor Department reported the economy had added 114,000 jobs in September.  That is not fast enough to keep pace with population growth, much less reduce the rate of unemployment.

If growth in the human population is creating new workers faster than economic growth is creating new jobs, how is it possible that the unemployment number went down?

And why did it unexpectedly happen in a report issued immediately after an Obama debate performance that left him on the ropes and displayed his weakness to a television audience of 67.2 million?

How about that?  A sudden, unexpected, unexplainable change in the jobs numbers making them more favorable to Obama’s re-election aspirations.  And it just so happens to occur at a crucial moment in the presidential race.

Mysterious.

The fact is so many people have had such little success finding work they have fallen out the unemployment data pool.  How does that mean jobs outlooks are improving?  They have been out of work for so long they have reached their 99 week unemployment insurance benefits limit and thus are no longer counted by the Labor Department.

4063593090?profile=originalThis artificially lowers the unemployment statistics and creates a false impression that “progress” is being made in the single most important number to struggling unemployed Americans.

Can you say false “Hope”?

Of course, this does not deter the “re-elect Barack Obama at any and all costs” members of the “progressive” Party Pravda.

What was their reaction?

Yahoo News headline: “US jobless rate falls to 7.8 pct., 44-month low.”  The sub-headline: “US unemployment rate falls to 7.8 pct., lowest since 2009, giving Obama a potential boost.”

First paragraph: “The U.S. unemployment rate fell to 7.8 percent last month, dropping below 8 percent for the first time in nearly four years and giving President Barack Obama a potential boost with the election a month away.”

If this is not intended solely to make Obama look good at precisely the moment his campaign hits rock bottom, then Hugh Hefner is a virgin.

http://mjfellright.wordpress.com/2012/10/05/unemployment-7-8-october-surprise/

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Spain’s Present is Obama America’s Future

Although Spain is not as bad off as Greece, a look at Spain’s current economic reality reveals the future of 4063573816?profile=originalAmerica under four more years of Barrack Obama.

Despite European commitments to inject up to 100 billion euros into Spain’s faltering banking system, bank withdrawals have accelerated.  During July, doubts about Spain’s financial system caused Spaniards to withdraw a record $94 billion from their banks.   That amounts to 7 percent of Spain’s total domestic economic output.

Capital flight is beginning to include educated entrepreneurs who are fed up with scant job opportunities in a country with a 25 percent unemployment rate.  Statistics show that in a twelve month span 30,000 Spaniards have registered to work in Britain, an increase of 25 percent over 2011 levels.

Since taking office in 2009, Obama has aggressively promoted a “green energy” agenda modeled after the one pursued by Spain.  The assumption that pursuing the same agenda will bring about different results is 4063573834?profile=originalbased on no known empirical data.

If American voters are willing to accept 25 percent unemployment as the new normal and can live with a combination of major investment capital flight and disappearing employment opportunities, then Obama’s re-election is a foregone conclusion.

However, if Americans prefer to see a resurgence of American economic might through development of its domestic energy resources, and the millions of jobs that activity will create, then Obama’s days in the White House are numbered.

http://mjfellright.wordpress.com/2012/09/05/spains-present-is-obama-americas-future/

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CBO Estimates Obama's 2013 Budget Plan Would Hurt Economic Growth                The nonpartisan Congressional Budget Office said Friday that President Obama’s 2013 budget will hurt the economy in the long term, arguing the larger deficits it would produce would reduce the amount of capital available to businesses.
After five years, the CBO says, the Obama proposals would reduce economic output by between 0.5 percent and 2.2 percent.
Larger deficits caused by the budget would cause the government to issue more bonds, sucking up private capital to finance its debts and thereby reducing the funds businesses could use to expand and hire, the CBO said. An increased tax on capital gains included in the president's plan would also tend to reduce private capital, it says.
The 2013 Obama budget proposes continuing the Bush tax rates for the middle class and enacting elements of a short-term Jobs Act stimulus. In the near term, actions such as these could increase growth by as much as 1.4 percent, CBO says.
The new CBO report complements a March estimate that Obama’s budget would add $3.5 trillion to deficits over 10 years compared to current law. That report did not try to capture any effects on economic growth.
The White House, using a different baseline than CBO, has claimed its budget would reduce deficits by $3.2 trillion over 10 years.
Taking economic effects into account, Obama’s budget could add as much as $3.9 trillion in deficits by 2022, CBO estimates. Slower economic growth tends to increase deficits by reducing tax collection and increasing spending on items like unemployment insurance.

Read More Here: CBO estimates Obama's 2013 budget plan would hit economic growth - The Hill's On The Money

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What’s disturbing about this picture?

Posted on Prison Planet-By The Economic Collapse-On February 16, 2012:

“You might not want to read this article if you have a weak stomach.  Most Americans have absolutely no idea what is going on in the dark corners of America, and when people find out the truth it can come as quite a shock.  Many of you will not believe some of the things Americans are doing just to survive.  Some families are living in sewers and drain tunnels, some families are living in tents, some families are living in their cars, some families will make ketchup soup for dinner tonight and some families are even eating rats.  Some homeless shelters in America are so overloaded that they are actually sending people out to live in the woods.  As you read this, there are close to 50 million Americans that are living below the poverty line, and that number rises a little bit more every single day.  America was once known as the greatest nation on earth, but now there is decay and economic despair almost everywhere you look.  Yes, money certainly cannot buy happiness, but the lack of it sure can bring a lot of pain.  As the economy continues to decline, the suffering that we see all around us is going to get a lot worse, and that is a very frightening thing to think about.

The following is a half hour documentary produced by the BBC entitled “Poor America”.  Trust me, this is a must watch.  Your heart will break as you hear some American children talk about what they have to do for food….

Wasn’t that video absolutely mind blowing?

Those of us that still live comfortably are often completely unaware of what life is like out on the streets of America at this point.

There are millions upon millions of Americans that have lost all hope and that are living on the very edge of life and death.

And more join the ranks of the hopeless with each passing day.  This upcoming weekend approximately 80,000 people in the state of Michigan will lose their unemployment benefits.

So what are those people going to do after that?

They have already been unable to find work month after month.  Their savings are most certainly gone.  Now the only money they had coming in is going to be eliminated.

Yes, I have written many times about how the U.S. government is absolutely drowning in debt and cannot afford to be giving out so much money.  My point here is to show the other side of the equation.  There are millions upon millions of Americans that are barely hanging on and there are no jobs for them.  The suffering that those families are going through is very real.

Millions of other families are trying to get by on the incomes they pull in from part-time jobs.  According to Gallup, the percentage of Americans that are working part-time jobs but that would like full-time jobs is now higher than it has been at any other time in the last two years.  The number of the “working poor” just continues to increase, but most Americans don’t have much sympathy for them because they “have jobs”.

Well, when you are making 8 bucks an hour it can be incredibly tough to make it from month to month.

Just look at how much it costs to buy the basic things that we need.

Without gasoline, most of us would not even be able to get to our jobs.  The price of gasoline has increased 83 percent since Barack Obama first took office, and it is poised to soar even higher.  Right now, the average price of a gallon of gasoline in the United States is $3.51.  Never before has the average price of gas gone above $3.50 so early in the year.  Many believe that we could set a new all-time record this summer.

But last year was bad enough.  In 2011, the average American family spent over $4,000 on gasoline.

So when you are making just a few hundred dollars per week, it can be a massive struggle just to put gas in your car and food on the table.

The article that I wrote the other day about the decline of Detroit really struck a nerve.  All over America, people can see similar things happening to their own neighborhoods.  People are scared and they want some answers.

Well, the truth is that we should have never allowed tens of thousands of businesses, millions of jobs and trillions of dollars of our national wealth to be shipped out of the country.

Just check out this stunning photo which compares the decline of Detroit to the rise of Shanghai, China.

Do you think that it is just a coincidence that Detroit is falling apart and that cities in China look sparkly and new?

No, the truth is that it is a natural consequence of our foolish economic policies.

There are hundreds of communities all over the country where third world conditions are setting in.  For example, the following is how one bloggerdescribes what life is like in a decaying suburb of Phoenix called Maryville….

Crime and gangs are widespread. Most houses have either fallen into disrepair, or been remade with outside walls sporting spikes and ironwork. Many of the front lawns are now just dirt (or worse, gravel), the pools green and lethal.

Now we stand on the precipice of another major global financial crisis.  Economic conditions in America are going to become significantly worse.  The politicians in Washington D.C. may make sure that the boys and girls on Wall Street are always taken care of, but there will be no bailouts for the large numbers of Americans that are about to lose their jobs and their homes.

If you want an idea of what is coming, just look at what is happening in Greece.  25 percent of the businesses have shut down, one-third of all money has been pulled out of Greek bank accounts and unemployment and poverty are absolutely rampant.

For years, a lot of prominent voices out there were screaming and yelling about the dangers posed by our soaring trade deficits and our soaring budget deficits.

But the American people did not listen.  They just kept sending the same politicians back to Washington D.C. over and over.

As a result, soon millions of those same Americans will find themselves doing things that they never dreamed that they would do just to survive.”

Source:

http://www.prisonplanet.com/many-of-you-will-not-believe-some-of-the-things-americans-are-doing-just-to-survive.html

Video: Poor America!-Posted on YouTube.com-By leenicklen-On February 13, 2012:

https://www.youtube.com/watch?v=suJCvkazrTc&feature=player_embedded

Note: The following articles and/or blog posts and videos relate to this disturbing issue-You Decide:

I. CBO: Longest Period of High Unemployment Since Great Depression!

Posted on US News and World Report-By ALEX M. PARKER-On February 16, 2012:

“After three years with unemployment topping 8 percent, the U.S. has seen the longest period of high unemployment since the Great Depression, the Congressional Budget Office noted in a report issued today.

[Dems Tout GOP Payroll Tax Plan as Political Victory.]

And, despite some recent good news on the economic front, the CBO is still predicting that unemployment will remain above 8 percent until 2014. The report also notes that, including those who haven’t sought work in the past four weeks and those who are working part-time but seeking full-time employment, the unemployment rate would be 15 percent.

The CBO made its comments in a report examining the long-term effects of joblessness, and possible policy options to boost employment, including unemployment insurance reforms and job training programs. The report came at the request of Democratic Michigan Rep. Sander Levin, but Republicans quickly jumped on the chance to bash President Obama’s stimulus program, which is also reaching its three-year anniversary today.

[Virginia is for Lovers—and Politicos.]

“The stimulus is a stark reminder of how the president got the policies he wanted, and how those policies have failed the American people and are making things worse,” said Texas Republican Rep. Jeb Hensarling.

1.     See political cartoons about the economy.

2.    How the payroll tax cut deal could help the economy.

3.    Six Things That Could Stop the Recovery.

aparker@usnews.com

Twitter: @AlexParkerDC

Source:

http://www.usnews.com/news/articles/2012/02/16/cbo-longest-period-of-high-unemployment-since-great-depression

II. Unemployment Tricks: Jobs Claim Made by 'Shrinking' Workforce!

Posted on NewsMax.com-By Andrew Henry-On February 6, 2012:

“Last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent — the lowest it has been in nearly three years — after adding 243,000 jobs, according to the Bureau of Labor Statistics.

But financial experts are saying the figures may have been manipulated — and that the significant drop in employment was because of the fact that the federal agency charged with computing key economic data has significantly decreased the number of Americans in the workforce.

“If you hold the workforce participation rate constant over the past year, unemployment would be about 8.9 percent instead of 8.3 percent,” GOP economist Matt McDonald of Hamilton Place Strategies said Monday on CNBC’s Squawk Box. “So it is a weird number that is out there, and I think people have to be looking at that carefully.”

The same Bureau of Labor Statistics (BLS) report that showed unemployment dropping to 8.3 percent showed total workforce participation — the number of people either working or looking for work — declining by 1.2 million people in one month.

The unemployment rate is determined by dividing the number of unemployed job-seekers by the total labor force. By reducing the number of workers in the overall workforce, the Obama administration can show actual unemployment dropping, when, in fact, improvement has been marginal at best.

Many economists feel the official statistics seriously underestimate how bad the unemployment situation really is. They maintain that the key measure is the number of people who would like to have a job, but can’t find one.

When people retire from the workforce because of the aging of the nation’s population or give up looking for work because of prolonged unemployment, the BLS declares the unemployed person a “discouraged worker.”

At that point, the BLS lists them as “marginally attached to the workforce,” and they no longer are considered to be part of the nation’s working population.

Dropping them off the employment calculations keeps the unemployment rate substantially lower than it would be otherwise and has been key to the improvements in the unemployment numbers during the past year.

Tyler Durden of Zerohedge.com writes: “It appears that the people not in the labor force exploded by an unprecedented record 1.2 million.”

In fact, Zerohedge notes that BLS is breaking records in claims about the shrinking workforce. The most recent unemployment number was based on the assertion that the entire U.S. workforce has shrunk to a 30-year low.

An analysis by Joseph Curl of the Washington Times shows the labor force as a percentage of the available population hit 66 percent in October 1988, and remained there throughout the presidency of George H.W. Bush. It then reached 67 percent or better for 40 straight months during President Bill Clinton’s presidency, and was above 66 percent for virtually all of President George W. Bush’s presidency.

But by the end of President Obama’s first year in office, it had dipped to 64.6 percent, before dipping to just 63.7 percent last month — its lowest point in almost three decades.

One analyst who is stridently critical of the BLS numbers is TrimTabs.com CEO Charles Biderman. His firm uses what he considers a more modern and timely measurement, actual tax receipts to the IRS, to calculate employment.

By his firm’s calculations, the economy added only 44,000 jobs in January, not even enough to keep the unemployment rate from growing.

The BLS numbers “are just guesses,” Biderman tells Newsmax. “I don’t know whether they’re politically motivated or not.”

The White House is doing “cartwheels” over the positive jobs numbers being promulgated from the BLS, the Christian Science Monitor says.

“These numbers will go up and down in the coming months, and there’s still far too many Americans who need a job or need a job that pays better than the one they have now,” President Obama said. “But the economy is growing stronger.”

BLS spokesman Gary Steinberg tells Newsmax that the bureau publishes its methodologies for calculating the unemployment rate online. While its tweaks its various formulas to keep them up to date, he states there has been no major change in how the rate is calculated in over a decade.

“The definitions have not changed . . . if someone is not actively looking for work for the four weeks preceding the reference week, they’re not in the labor force,” he says. “That was true years ago, and it’s true today.”

Source:

http://www.newsmax.com/Headline/white-house-manipulates-unemployment/2012/02/06/id/428619?s=al&promo_code=E1D2-1

III. Obamanomics Has Failed!-Posted on The Heritage Foundation-By Mike Brownfield-On February 17, 2012:

http://blog.heritage.org/2012/02/17/morning-bell-obamanomics-has-failed/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

IV. Obama’s Budget Blather!-Posted on The Patriot Post-By Mark Alexander-On February 16, 2012:

http://patriotpost.us/alexander/2012/02/16/obamas-budget-blather/

V. See, I Told You So: Obama Approval Up, Jobless Rate Down, “Culture War” Revived—All Manipulated by Lib Media to Dispirit You!-Posted on RushLimbaugh.com-By Rush Limbaugh-On February 16, 2012:

http://www.rushlimbaugh.com/daily/2012/02/16/see_i_told_you_so_obama_approval_up_jobless_rate_down_culture_war_revived_all_manipulated_by_lib_media_to_dispirit_you

VI. Italian police seize $6 trillion of fake U.S. bonds!-Posted on Yahoo! News-By Elisa Forte and Gavin Jones, Reuters–On February 17, 2012:

http://news.yahoo.com/italy-police-seize-6-trillion-fake-u-t-144806353.html

VII. Video: Italian police seize $6 trillion of fake U.S. bonds!-Posted on Yahoo! News-On February 17, 2012:

http://news.yahoo.com/video/world-15749633/italy-police-seize-6-trillion-of-fake-u-s-28345495.html

VIII. Obama proposes $800 million in aid for “Arab Spring!”-Posted on Reuters-By Susan Cornwell, WASHINGTON-On February 13, 2012:

http://www.reuters.com/article/2012/02/13/us-usa-budget-foreign-idUSTRE81C1C920120213

IX. Heritage Responds to Obama’s 2013 Budget Proposal!-Posted on The Heritage Foundation-By Mike Brownfield-On February 13, 2012:

http://blog.heritage.org/2012/02/13/reaction-roundup-heritage-responds-to-obamas-2013-budget-proposal/?utm_source=Newsletter&utm_medium=Email

X. Romney, Ryan, Rubio Rip Obama's New Budget!-Posted on NewsMax.com-By Martin Gould-On February 13, 2012:

http://www.newsmax.com/Newsfront/Obama-budget-Romney-Ryan/2012/02/13/id/429263?s=al&promo_code=E2A2-1

XI. White House Spin Machine Hits Brick Wall!-Posted on The Heritage Foundation-By Mike Brownfield-On February 13, 2012:

http://blog.heritage.org/2012/02/13/morning-bell-white-house-spin-machine-hits-brick-wall/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

XII. Budget? Why Follow A Budget?-Posted on The Heritage Foundation-By Mike Brownfield-On February 10, 2012:

http://blog.heritage.org/2012/02/10/morning-bell-budget-why-follow-a-budget/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

XIII. S AMERICA SPIRALING TOWARD FASCISM? (Part 1)-Posted on News With Views-By Dr. Carl Parnell, Ed,D –On February 7, 2012:

http://www.newswithviews.com/Parnell/carl100.htm

XIV. IS AMERICA SPIRALING TOWARD FASCISM? (Part 2)-Posted on News With Views-By Dr. Carl Parnell, Ed,D –On February 15, 2012:

http://newswithviews.com/Parnell/carl101.htm

XV. Steny Hoyer: ‘What Does A Budget Do?‘ The ’Fact Is, You Don‘t Need’ One!-Posted on The Blaze-By Becket Adams-On February 8, 2012:

http://www.theblaze.com/stories/steny-hoyer-what-does-a-budget-do/

XVI. Job Growth Should Be Stronger!-Posted on The Heritage Foundation-By Mike Brownfield-On February 3, 2012:

http://blog.heritage.org/2012/02/03/morning-bell-job-growth-should-be-stronger/?utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

XVII. Harvard Prof: Megaupload-Style Cases Will Kill Tech Companies!-Posted on Western Journalism-By FLOYD BROWN-On January 31, 2012:

http://www.westernjournalism.com/harvard-prof-megaupload-style-cases-will-kill-tech-companies/?utm_source=Western+Journalism&utm_campaign=5f70bbc3ef-RSS_EMAIL_CAMPAIGN&utm_medium=email

XVIII. Marco Rubio: Obama‘s ’Made Everything Worse!’-Posted on The Blaze-By Madeleine Morgenstern-On January 28, 2012:

http://www.theblaze.com/stories/marco-rubio-obamas-made-everything-worse/comment-page-4/#comment-2757073

XIX. Socialism’s Fundamental Flaw that Liberals Simply Ignore!-Posted on The Patriot Update-By David L. Goetsch-On January 28, 2012:

http://patriotupdate.com/articles/socialisms-fundamental-flaw-that-liberals-simply-ignore

XX. Video: Allen West to Democrats: Get your leftism the hell out of America!-Posted on The Right Scoop-By The Right Scoop-On January 28, 2012:

http://www.therightscoop.com/allen-west-to-democrats-get-your-leftism-the-hell-out-of-america/

Note: What follows is an extremely disturbing letter from Attorney A. Clifton Hodges from Hodges and Associates, a Professional Law Corporation in Pasadena California that was written, on or about June 17, 2011, to Mr. Zhung Yesui, Ambassador of The Peoples Republic of China at the Embassy in Washington, D.C. alleging that President Obama committed treason for not following through with his commitment regarding the World Global Settlement/U.S. Dollar Refunding Project.  Also included are two videos that relate to this issue-You Decide:

TREASON FROM A U.S. PRESIDENT (OBAMA):

https://api.ning.com/files/d-XQ3F0q0oRv6Mx7xc3pb2UC2EVxPYW405srP5M56rESHvRCo7UxGsoqZw0bixC9ENcIU5xBKYsRz*PJ8Zt39aUoF02zJ9pL/TREASONBYAU.S.PRESIDENTOBAMA.pdf.pdf

Video: TREASON FROM A U.S. PRESIDENT (OBAMA)!-Posted on YouTube.com-By BoKnowsEntertainment-On February 17, 2012:

https://www.youtube.com/watch?v=4FOTJL5q70g&feature=player_embedded

Video: The World Global Settlement Funds!-Posted on YouTube.com-By BoKnowsEntertainment-On February 17, 2012:

https://www.youtube.com/watch?v=2kl9uiwn7zY&feature=related

Note:  My following blog posts contain numerous articles and/or blog posts and videos that relate to this disturbing issue-You Decide:

Is it important to understand the Marxist assault on the foundations of our system?

http://weroinnm.wordpress.com/2011/01/27/is-it-important-to-understand-the-marxist-assault-on-the-foundations-of-our-system/

Who owns our supposedly fair and balanced airwaves and news outlets?

http://weroinnm.wordpress.com/2010/10/21/who-owns-our-supposedly-fair-and-balanced-airwaves-and-news-outlets/

Nearly 80 percent don’t trust the government!

http://weroinnm.wordpress.com/2010/04/19/nearly-80-percent-don’t-trust-the-government/

Washington Times Calls for Obama’s Impeachment!

http://weroinnm.wordpress.com/2010/08/31/washington-times-calls-for-obama’s-impeachment/

Note If you have a problem viewing any of the listed blog posts please copy web site and paste it on your browser. Be aware that some of the articles and/or blog posts or videos listed within the contents of the above blog post(s) may have been removed by this administration because they may have considered them to be too controversial.  Sure seems like any subject matter that may shed some negative light on this administration is being censored-What happened to free speech?-You Decide:

http://weroinnm.wordpress.com/2010/10/23/what-happened-to-free-speech/

“Food For Thought”

God Bless the U.S.A.!

https://www.youtube.com/watch?v=Q65KZIqay4E&feature=related

Semper Fi!

Jake

Read more…

 

 
Only government can take a perfectly useful commodity such as paper, print a few numbers on it and make it worthless . . . 
 
 
American Economy Facing
Death by 100+ Trillion Cuts
 
 
Today as President Obama tried to shed his rightful nickname “The Spread-the-Poverty President” by blaming Japan, and the world economy and high oil prices for the recent uptick in the nation’s UNemployment . . . you don’t have to be a gypsy fortune-teller to read-between-the-lines well enough to see that the American economy is dying the death by ten thousand cuts (or perhaps we should say by 100 TRillion+ cuts). Of course, many (if not most) of our fearless leaders in Congress and the White House are proclaiming an ongoing recovery. We’re not talking the Mississippi here, but de-Nile, deep, deep denial. Until we’re willing to face up to the truth, no solutions are possible. The progressive leadership in this country over the last forty-eight years (only Ronald Reagan is exempt among presidents and both chambers of every single congress has been guilty with the verdict still out on our present House of Representatives) have destroyed the greatest economic machinery the world has ever known and substantially weakened and corrupted the greatest and freest society ever known. 
Except for producing reality TV series and useless TV networks, we almost don’t create or build anything anymore . . . we certainly don’t create jobs. The American Dollar whose original symbol was a capital “U” with a capital “S” atop it has been led to a slow death. Thanks to our leaders we are almost literally drowning in debt: $14.3 TRillion officially; plus $115 TRillion in UNfunded liabilities (Social Security; Medicare; the federal side of Medicaid) or a total of almost $130 TRillion we purposefully ignore discussing; plus, oh yes, that Welfare State that just got Obamacare added onto it . . . .
In a recent article the Prison Planet website told a sad story . . . when we’re through examining their cataloging of the situation . . . besides some parenthetical comments you’ll see immediately after each item, Rajjpuut has three shocking insights to add to the picture, Prison Planet said . . . .

The Economic Collapse: 24 signs of economic decline in America
 
#1 Standard & Poor’s just altered its outlook on U.S. government debt from “stable” to “negative” and warned the U.S. that it could very soon lose its AAA rating (the last time this happened was during the three months following the December 7, 1941 surprise attack on Pearl Harbor).

#2 China has announced that they are going to reduce their holdings of U.S. dollars (China, Brazil, Russia, and several other countries have openly called for elimination of the dollar as the world’s reserve currency and China, Russia, Brazil and India have been moving out of Greenbacks into gold and silver).

#3 Hedge fund manager Dennis Gartman says that “panic dollar selling is setting in” and that the U.S. dollar could be in for a huge decline (the dollar has lost 24% of its value this last decade).

#4 The biggest bond fund in the world, PIMCO, is now short-selling U.S. government bonds.

#5 This cruel economy is causing “ghost towns” and “ghost neighborhoods” to appear all across the United States. There are quite a few counties across the nation that now have home vacancy rates of over 50% (Las Vegas, Nevada has one of the highest home vacancy rates in the nation . . . it’s so bad there that there’s a mini-construction “boom” going on . . . what? why? because rather than clients moving into one of Las Vegas’ many ghost neighborhoods for a bargain price they prefer to get into whole new sub-divisions with other people nearby rather than a seedy area over-run by kangaroo rats).

#6 There are now about 13 million fewer full-time jobs in America than when the recession began back in October, 2007.

#7 The average American family is having a really tough time right now. Only 45.4% of Americans had a job during 2010. The last time the employment level was that low was back in 1983.

#8 Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history.

#9 The average large company’s CEO made 343 times more money than the average American worker did last year.

#10 Gas prices reached five dollars per gallon at a gas station in Washington, DC on April 19th, 2011. Could we see $6 gas soon? The President continues to spit on the concept of American oil jobs and American oil while recently loaning Brazil $2 billion for deepwater drilling and claiming “We want to be your best customers1”

#11 Over the past 12 months the average price of gasoline in the United States has gone up by about 30%.

#12 Due to rising fuel prices, American Airlines lost a staggering $436 million during the first quarter of 2011.

#13 U.S. households are now receiving more income from the U.S. government than they are paying to the government in taxes.

#14 Approximately one out of every four dollars that the U.S. government borrows goes to pay the interest on the national debt.

#15 Total home mortgage debt in the United States is now about 5 times larger than it was just 20 years ago.

#16 Total credit card debt in the United States is now more than 8 times larger than it was just 30 years ago.

#17 Average household debt in the United States has now reached a level of 136% of average household income. In China, average household debt is only 17% of average household income (1/8 as high a percentage on a lot less earnings).

#18 The average American now spends approximately 23 percent of his or her income on food and gas (forty years ago that number was about 7%).

#19 In a recent survey conducted by Deloitte Consulting, 74 percent of Americans said that they planned to slow down their spending in coming months due to rising prices.


#20 Over 59 percent of all Americans now receive money from the federal government in one form or another.

#21 According to the U.S. Bureau of Labor Statistics, the average length of UNemployment in the U.S. is now an all-time record 39 weeks.

#22 As the economy continues to collapse, frustration among young people will continue to grow and we will see more seemingly “random acts of violence.” One shocking example of this happened on a Metropolitan Atlanta Mass Transit Area (MARTA) vehicle recently. The following is how a local Atlanta newspaper described the attack . . . .
 
Roughly two dozen teens, chanting the name of a well-known Atlanta gang, brought mob rule to MARTA early Sunday morning, overwhelming nervous passengers and assaulting two Delta flight attendants.
 
#23 Some Americans have become so desperate for cash that they are literally popping the gold teeth right out of their mouths and selling them to pawn shops.

#24 As the economy has declined; the American people have been gobbling up larger and larger amounts of antidepressants and other prescription drugs. In fact, the American people spent 60 billion dollars more on prescription drugs in 2010 than they did in 2005.

            To understand the full picture, consider this: Barack Obama’s puppet-master, George Soros (the “man who broke the Bank of England” and chief funder of some 52 progressive-foundations that have been working to undermine the U.S. economy for the last nine years as well as funding Barack Obama’s campaigns) is openly calling for the Chinese Yuan to replace the Dollar as the world’s reserve currency. Soros, who has been called responsible for the destruction of at least six other currencies, is now heavily invested in the Dollar’s destruction. Every day that we refuse to emulate the British and adopt severe austerity measures, the closer Mr. Soros gets to adding another few hundred billion dollars worth of profit to his net worth. However, it’s not likely that Barack Obama will cut his own strings and act for the good of the American people over George Soros.
 
Real money, such as gold or silver, does not change in value over time although because of supply and demand considerations and new inventions, etc. it may be used to buy more or buy less of certain commodities. Paper money which is NOT backed by gold or silver (fiat money) always becomes worth less over time and eventually worthless. Right now Americans are shocked that the dollar has officially lost 24% of its value in a decade . . . but that’s only the official figure. The Federal Reserve Bankers under Fed Chief Ben Bernanke have not so much been “printing money” but merely creating it electronically. If the official figures took into account all Mr. Bernanke’s shenanigans and the world valued the Dollar accordingly then the 2011 dollar would be worth between 3-4 pennies from the 2001 DOLLAR.  Leave it to government to take a perfectly useful commodity such as paper, print a few numbers on it and make it absolutely worthless . . . by the way, gold prices have risen 45% in the last eighteen months; silver has risen 58% in the last four months as people and nations are abandoning paper currencies like the Dollar, Euro and Yen.
 
            The combined U.S. National Debt and UNfunded liabilities and Welfare responsibilities of the American government right now is equal to about three and one-half times the Gross Domestic Product ($57 TRillion) of the entire world . . . and yet the highly visible film-maker Michael Moore, all the unions, and the Progressives in congress from both parties claim there is “plenty of money” and refuse to cut spending and are debating when and how and how much to increase the debt ceiling right now. They’re counting on higher taxes upon “the rich” (those married couples earning a combined $250,000 or more who create all our small business jobs) to solve all our problems while continuing to create higher deficits, the one thing NOT on their agenda: spending cutbacks.
 
Ya’all live long, strong and ornery,
Rajjpuut
 
 
 
 
Read more…

 

 

 

     “The president of the United States, Barack Obama, doesn’t seem to have chosen the right model to copy for his “green economy,” Spain. After the government of José Luís Rodríguez Zapatero demonized a study of different experts about the fatal economic consequences of renewable energies, an internal document from the Spanish cabinet that it is even more negative has just been leaked. 

 

     PajamasMedia.com

 

 

 

Green-Tech Model Advocated by Obama

Destroyed the Prosperous Spanish Economy

Undisclosed Debt Revelations Startle Voters

 

 

     First Greece, then Ireland and Portugal, now Spain, next America?  Two reports by the every vigilant Pajamas Media (PJM); and numerous other revelations from Spain are painting an ugly picture of political corruption, stupidity and rampant cronyism in eastern Iberia.  The Spanish Socialist government has issued a secret report showing that their green-tech jobs program destroyed the country’s once prosperous economy. 2011’s 21.3% UNEMPLOYMENT  figure confirms their confession as did the PJM’s uncovering of the original story.

     In 1997, Spain was the most prosperous European economy and one of the strongest in the world:  unemployment stood at less than 4%.  The country’s most popular political power, the Socialist Party began movement toward a green economy at that time.  Today, unemployment is five and a half times as high.  The elections in Spain in 2010 sent the ruling Socialists out of power; but people are today none too happy with the traditionally weaker Conservative Party either.  Most people believe that all the politicians in Spain pass laws to benefit themselves and do little for the people.  The country’s tiny Moderate Party made big gains in the 2010 elections and is expected to do even better in the 2012 ones.  The Socialists, however, are truly under-the-gun since recent revelations of heretofore huge unacknowledged debt has dealt an angry surprise to the voters and may force the nation to follow in the footsteps of bankrupt Greece, Ireland and Portugal and require a bailout from the international monetary fund (which American voters largely finance).

     Piles of undisclosed debt in local government associated with the operation of the country’s green-tech jobs programs are shaking up a political scene that was pretty much in chaos to begin with.  Spain, which had been doing everything it could to avoid becoming the next European bailout recipient, is far worse off than its people had been led to believe.  The huge debt revelations in 2010 seemed to indicate that the Socialists were waiting for the Conservatives to discover it after the election so the voters might “shoot the messenger” in the next election.  Unfortunately for the Socialists, the truth emerged and anger has remained rampant along the Costa del Sol and throughout the Spanish countryside over the last year.   Even today Spain has had trouble eradicating the debt and regaining a firm economic footing because of contract disputes with green energy companies created by the Socialist’s green energy programs.

     It all began with the first “offseason” government change earlier in 2010 in Catalonia which revealed a budget deficit there more than twice what had been reported earlier.  Piles of “hidden debt” are still being revealed to the new government related to the green program and to health clinics and other suppliers . . . in short, economists and analysts and numerous anecdotal reports from companies that supply local governments in Spain indicate widespread, unrecorded debt.  Companies complained that the Socialists when in power pressured them to do business off-the-books rather than immediately bill for goods and services according to  Fernando Eguidazu, vice president of the Circulo de Empresarios business lobby group in Madrid.  This chicanery continues to add tens of billions of euros to the official debt figures reported by local and regional governments.

     Undermined by a 21.3% unemployment rate and a perceived slowness in reacting to the country’s economic crisis, the Socialists lost control of the municipal governments of Barcelona and Seville, the country’s second- and third-largest cities.  Young people are protesting everywhere including the main plazas of Madrid, Barcelona and Valencia.  Unemployment among those in their 20’s and 30’s reached 50% in many areas at the height of the Spanish crisis. 

      Pajamas Media’s exclusive original story about the leaked Spanish government report in 2010 was confirmed later by several Spanish newspapers.   Yes, the very same Spanish “green economy” policies  that Barack Obama has modeled his administration’s green-jobs programs upon . . . have been cited by the Socialist government that created them as an “expensive, ineffective and unworkable disaster.”  The first Spanish newspaper on the scent was La Gaceta, a Madrid daily.  At about the time the story “went viral” the Socialist government came out with an admission that it was true. 

For Americans the shocker has to be that the headline in La Gaceta (the Gazette) seemed to be aimed squarely at a USA target audience as it screams out (English Translation Provided by Rajjpuut):

“Spain admits that the green economy

Sold to Obama is a disaster.”

 

  

http://pajamasmedia.com/files/2010/05/economia_verde_ruina.pdf

 

 

     The Spanish public is still up in arms.  An academic team in Spain revealed all this in 2007 and was treated monstrously by the country’s media and by the ruling Socialists trying to discredit the survey’s purpose as purely political and without merit (Americans will recall that when the results of the Spanis study were brought up in a press conference, Obama Press Secretary Robert Gibbs made fun of the questioner).  Dr. Gabriel Calzada, the Spaniard who first exposed the disaster in 2007 was finally vindicated despite taking mountains of flack from the progressive academic establishment at his own and other universities across the country. 

     Professor Calzada is today often still  featured on all the nation’s most important news and business talk shows.  Despite all the nasty attacks he received, the good professor had enough integrity to stick by his guns these last four years and a year ago even wrote praise for “The dissection of ‘free-ice cream green jobs economics’” on the book jacket of Power Grab:  How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America by American author Christopher C. Horner, a Pajamas Media watchdog whose book bears this enscription on the inside flap:  “Barack Obama’s ‘Green’ Policies Start With Controlling Your Energy…and End With Your Life.”

 

http://www.amazon.com/Power-Grab-Policies-Freedom-Bankrupt/dp/1596985992

 

 

     This scandal associated with deliberately villifying Calzada and covering up the truth for three years, however, pales in contrast with the undisclosed debt still popping up everywhere in the country.  But Spaniards and Americans would do well to remember that the problems associated with our own financial meltdown** and with Spain’s collapse began years ago with misguided and deliberate progressive policies (more later).  For now remember this, in Calzada’s study:

       A)   2.2 real jobs in the real economy were lost for each green-tech job subsidized by the Spanish government. 

       B)   The average subsidized green tech job there (although counted equally with all the lost permanent jobs in the real economy) lasted less than a year. 

       C)   Only 10% of all the Spanish green-tech jobs proved permanent.

       D)  So, in reality, 22 real jobs in the real economy were lost for every permanent green job created in Spain

       E)   The average green tech job there paid roughly $12.20.

       F)   The owners of Spanish solar plants make 12 times more than what they pay for the energy coming from fossil fuel combustion. The majority of this profit comes from subsidies charged to the consumer via taxes.

     The long-run numbers are even scarier for Spain.  The government itself in recent revelation says that the alternative energies sector are stil scheduled to receive 126 billion euros in the next 25 years.  And things bode very badly for America:   Pajamas Media put it like this: 

      “The president of the United States, Barack Obama, doesn’t seem to have chosen the right model to copy for his “green economy,” Spain. After the government of José Luís Rodríguez Zapatero demonized a study of different experts about the fatal economic consequences of renewable energies, an internal document from the Spanish cabinet that it is even more negative has just been leaked.

     To one of the authors of the first report, Gabriel Calzada, “the government has leaked it intentionally in order to turn the media against renewable energies and to be stronger in negotiations with businesses.”  On eight occasions, the occupant of the White House referred to the Spanish model as an example to follow.  Barack Obama wants us to enjoy the same success the Spanish have known from green energy.

 

Ya’all live long, strong and ornery,

Rajjpuut 

 

 

** In America, the second wave of progressive sabotage began with the progressives in the Carter administration in 1977 passing the CRA ’77 legistlation that first forced private sector home lenders to make knowingly ill-advised loans to unqualified home loan applicants.  This travesty was multiplied four times by Bill Clinton (Bush, Sr. has a bit of the guilt on his resume as well); attacked this ridiculous law and exposed its weaknesses using Cloward-Piven Strategy by ACORN which controlled Bill Clintons electoral destiny for eighteen years.  Even ACORN lawyer Barack Obama did his part.  Overall the suspect loan rate in 1975 0.24%; became 0.51% in 1985; 14.2% in 1995 (after a Clinton regulatory expansion and two legislative expansions); and 34% in 2005. 

Thanks to ACORN many of these suspect loans after Clinton’s 1998 steroid version final expansion of CRA’77 put people without jobs; with abysmal credit ratings; with only food stamps to declare as “income” into $250,000 to $450,000 homes at zero downpament.  Bush, Jr. who is getting all the blame now . . . in January, 2005 (one of 19 such speeches and vote efforts) tried to repeal CRA laws and only succeeded thirty months later in getting a very weak version of his law passed in July, 2007.  It all proved too little too late, but did help some.  Today, much of the CRA legislation is still on the books waiting another ACORN push.  Of course, the mainstream media runs with the progressive line that “the conservatives and the free market put our economy into the ditch.”

By the way, the First Wave of sabotage ended when the federal government bailed out bankrupt New York City in 1975.  New York State and many states and other large cities were also driven near the point of bankruptcy and the stock market suffered its biggest losses (46%) since the Great Depression (sound familiar?) . . . thanks to the progressive-left’s implementation of Cloward-Piven Strategy and Alinsky tactics to deliberately double the welfare rolls from eight to sixteen million people in seven years and overload the system as promised. This also was a deliberate sabotage by the progressive left.  Rajjpuut has explained the matter in deep detail in numerous blogs.   Find another take on the Cloward-Piven Strategy history leading to the bankruptcy of NYC, here:

http://www.americanthinker.com/2008/09/barack_obama_and_the_strategy.html

 

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Beckah was silent as they pulled away from the family's Christmas party. She had smiled and joked with family and friends, but her friend Linda, being the observant and wise sage she was, called Beckah aside and asked her why she wasn't eating. Beckah, responding like a brave soldier, said she was just a little under the weather. She knew that if she said anything that all, the frustration, fear, anger, and panic might came rolling out in one great weeping gush of tears, rage, sobbing, and convulsing panic.

She and her husband Jack had both been out of work for four months. The money was gone, the electric bill due, and the car payment was behind. They had sold everything they could, hocked jewelry, and dropped every unnecessary services they could. Jack had worked every odd job he can find, but it wasn't enough. It barely kept food on the table. By this time next month, the house would be in foreclosure, and in three months they would be out on the street. They had no family to move in with, no prospects, no jobs on the horizon, and the economy was still looking very grim. Meanwhile, government was still spending on everything but the economy. It was hopeless absolutely hopeless.

Finally home, Beckah just wanted to collapse. She went to her room drew a warm bath, sunk down in the tub, and cried. For the first time in years Beckah found herself praying ... really praying; the kind of praying she did when she first became a Christian. And while no jobs magically appeared on the horizon, after a good cry and a lot of prayer, there was a tiny speck of peace just knowing that she could still talk to God.

Ho, Ho, Ho! Tis the season to be hustled falalalalalalalala. Normally, this is the time of the year when everybody is standing around with their hands outstretched, from the department stores to the charities. Everybody is reminding you of all you deserve, all you should be thankful for, and "give."

Well, they are half right, that is, if your electricity isn't in danger of being turned off, your house payment has been made, and you have a job to go to every morning. If this is the current situation in which you find yourself, then you are indeed blessed because presently there are about 30 million of our fellow Americans who don't have anywhere to go when they wake up in the morning.

No! I am not going to hustle you for even one dime. I am not going to tell you to give to me, or this worthy charity, or that worthy charity. There are some great charities out there, but you should decide where your money goes. As for me ... I'm going to do something different this year. I'm going directly to the source of the need and cutting out the middle man.

Don't get me wrong, I'm still going to give to the Salvation Army and Wounded Warriors, but this year I am going to do something different. According to the National Retail Federation Americans spent $504 billion in 2009 during the Christmas holidays. Chances are that number will be about the same this year.

So this year I'm not going to go to Macy's, or Dillard's, or Radio Shack, or Penny's, or Sears, or any of the other stores for my Christmas shopping. This year I am going to wrap presents and give them to my family and friends. And inside those presents will be the story of a family that we helped in their name. The present might read like this:

Bob and Cathy, instead of a bottle of wine this year, please accept our gift of a Christmas meal for a mom and her three kids whose husband is serving in Afghanistan. She is "living" on about $18,000 per year. My gift to you is a gift to them. Knowing you as I do, I know you will be thrilled with this present.

To Family: As you open this present, I wanted you to know that Katie and I talked about it and decided this year that we were going to do things a little different. We knew some friends that were unemployed. They had no money, no hope, and nowhere to turn.

Because of their dire circumstances, this year we've decided to spend our entire Christmas budget on two families. So, let me tell you what our family got you for Christmas. We got you payments for family one. There was a shiny new house payment for Jack. And for Beckah, we lavished her with two car payments, and for the kids we got the very latest in utility payments so they could watch their television, and a full blown Christmas dinner. And here's the best part ... no assembly required.

And for our kids, we got Don and Cindy caught up on their house payment, paid the cell phone bill, in case an employer called someone could answer, and as a stocking stuffer we made them a wonderful Christmas dinner. Hope that all of this fits under the tree. I'll tell you, Katie and I have gotten pretty good at shopping because every one of these presents fits perfectly. There was not one exchange of any gift we got this year. They were all just the right size.

Now that's Christmas. Can you imagine if everyone, all three hundred plus million of us, would just take 25% of our Christmas spending and help an unemployed family what that would mean to them and to the economy? It would mean a $125 billion stimulus to the economy without spending one cent of tax money.

And churches, you can help too. With all the special offerings taken this time of year, and all the extra money you bring in, why not adopt a few families this year? You can't help everybody, so why not really help a few. But be careful, pick out only families that are worthy of such a blessing. Make sure the parents are good role models for their kids, that they are just down with the economy, and not "professionally" unemployed.

Come on businesses ... you can help. How about you tradesmen? This Christmas why not give the gift of a patched roof, or fixed plumbing, or a replaced window for a worthy family in your area?

And you department stores ... how about a free appliance for a needy family? And car dealers ... we haven't forgotten about you! Do you know what the gift of a good running car would mean for a young family struggling to get to the new job they finally found after 18-24 months of endless job interviews? It would mean the world to them.

Listen, you don't have to do the job alone. There are 340 million of us out here. This won't solve all of our problems. Long term we need to fix the economy with a constitutional budget, free enterprise, and honest dollars, but in the meanwhile, this will help.

It will help the people you share with; it will help the economy; it will help ease the family's burden; and, more than anything, it will help you. Those of us who still have somewhere to go when we wake up in the morning, it will help us remember how blessed we really are. It will help us remember who we are as a people. It will help us remember what America and Americans are really all about.

My countrymen, my friends, my fellow patriots, you are needed now more than ever to help us pull this country together. I know it is Christmas and nobody wants Mr. Scrooge lurking about casting humbug over their holiday cheer. However, I believe that we are under attack in so many ways that there is little hope of coming through this situation whole.

George Soros and his fellow traitors, both in and out of government, are attacking our monetary system and have involved the Chinese in their seditious plot. The dollar collapse may be inescapable. The dark heart of militant Islam has set its sights on America. The world is spinning madly out of control and there is little we can do about it. The system is about to reset. When it does, one of two systems will arise from the ashes of that ruin. It will either be the cold, hard, New World Order of an international oligarchy of thugs and tyrants, or ...

You and I will have laid the ground for rebuilding the American community again on those first principles, which include all of us caring and sharing with the rest of our family, friends and neighbors; not as a commune, but as individuals who care about each other and giving others a helping hand. This is not about government programs, this is about human kindness.

This year I hope you will consider the gift of Americans helping Americans. Nobody needs to know the family's name you help. For that matter, nobody even needs to know what you did unless you want to tell them. But by your kindness you may be the only lifeline to the desperate household of a neighbor or family member in our scared nation, and the only lifeline back to the America we once knew. We don't need government to take care of us. All we need is We ... us to take care of the U.S.

Remember ... there was no welfare office when Mary and Joseph showed up in Bethlehem. She did not seek free medical care from the government. Nor did she kill her baby because it was inconvenient. She brought into a world, darkened with sin and sadness, the light of all mankind.

This was prophesied 700 years before the birth of the Messiah back in the book of Isaiah.

Isaiah 9:6: For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace.

7: Of the increase of [his] government and peace [there shall be] no end, upon the throne of David, and upon his kingdom, to order it, and to establish it with judgment and with justice from henceforth even forever. The zeal of the LORD of hosts will perform this.

And Luke says in his classic Christmas description in Luke 2:

1.
And it came to pass in those days, that there went out a decree from Caesar Augustus that all the world should be taxed.
2. (And this taxing was first made when Cyrenius was governor of Syria.)
3. And all went to be taxed, every one into his own city.
4. And Joseph also went up from Galilee, out of the city of Nazareth, into Judaea, unto the city of David, which is called Bethlehem; (because he was of the house and lineage of David:)
5. To be taxed with Mary his espoused wife, being great with child.
6. And so it was, that, while they were there, the days were
accomplished that she should be delivered.
7. And she brought forth her firstborn son, and wrapped him in swaddling clothes, and laid him in a manger; because there was no room for them in the inn.
8. And there were in the same country shepherds abiding in the field, keeping watch over their flock by night.
9. And, lo, the angel of the Lord came upon them, and the glory of the Lord shone round about them: and they were sore afraid.
10. And the angel said unto them, Fear not: for, behold, I bring you good tidings of great joy, which shall be to all people.
11. For unto you is born this day in the city of David a Saviour, which is Christ the Lord.
12. And this shall be a sign unto you; Ye shall find the babe wrapped in swaddling clothes, lying in a manger.
13. And suddenly there was with the angel a multitude of the heavenly host praising God, and saying,

14. Glory to God in the highest, and on earth peace, good will toward men.
15. And it came to pass, as the angels were gone away from them into heaven, the shepherds said one to another, Let us now go even unto Bethlehem, and see this thing which is come to pass, which the Lord hath made known unto us.
16. And they came with haste, and found Mary, and Joseph, and the babe lying in a manger.
17. And when they had seen it, they made known abroad the saying which was told them concerning this child.

18And all they that heard it wondered at those things which were told them by the shepherds.
19But Mary kept all these things, and pondered them in her heart.
20And the shepherds returned, glorifying and praising God for all the things that they had heard and seen, as it was told unto them.

This may not be, and, in fact, probably is not, the time of the real birth of the Savior, but this is when we celebrate His birth as a nation, so let's make the best of it. Let us truly celebrate Christmas with those around us this year with the gift of blessing others at Christmas. Really, how much stuff do you need? It's just stuff. Will it be remembered in July? Probably not. But if you make a car payment, or pay a utility bill for a struggling family, do you think that will be remembered in July? I would venture to say, that gift will be remembered twenty years from now and will be listed forever in eternity.

Let this be the year when we all say, "Bah humbug!" to advertisers, bankers, and the typical Christmas hustlers and give the gift that will be remembered in eternity, the gift of kindness ... perhaps the gift of economic survival for a military family, unemployed family, relative or friend in your life.

And while you're out running around and you stop to grab a bite to eat, look around for one of our brothers or sisters in arms, and quietly buy their meal. You don't have to tell them or say a word, just pay quietly and I guarantee you will feel more Christmas in that moment than in ten hours of shopping.

Finally, this year give yourself the greatest gift of all. Gather your family together round a crackling fire, bring out the hot chocolate sing a few Christmas songs, and as a family on your knees thank God that you are together, safe, warm, blessed beyond anything most of the world could ever comprehend. Build memories, faith and love amongst yourselves. None of us knows how many more of these Christmas' we will have.

So ... what will it be this year ... the usual Christmas Hustle or ...

The Greatest Christmas Ever?

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“Projecting his own corruption and inadequacies unto others, Barack Obama claims that unfounded lies have distorted his marvelous accomplishments and inspirational message and made fearful voters unable to think clearly about the issues . . .” Rajjpuut

Q: Why is golf the perfect metaphor for the Obama presidency?
A: He's continually striving for the perfect lie.

TEA Party Women Deplore What Obama

Refuses to See on the Tip of His Nose

Sarah Palin’s nomination as the 2008 Republican Party’s Vice Presidential candidate has been followed by the rise of the TEA (Taken Enough Abuse? Or Taxed Enough Already) Party and a simultaneous upsurge in the involvement and commitment of Conservative women to returning the nation to small and responsive federal government, lower taxes, dramatically lowered spending and alignment with the purposes and practices of Constitutional Republicanism. Despite mountains of evidence that these women and a whole groundswell of the people are in synch with reality and that he is not, Barack Obama and his media sycophants can’t seem to see the forest for the trees surrounding them . . . .

ITEM: While being interviewed by the New York Times President Obama admitted “. . . there’s no such thing as a shovel-ready project,” they do not exist in Washington’s bureaucracy and thus the stimulus didn’t work.

ITEM: In selling that $787 Billion stimulus, the president swore to us that unemployment would NOT rise above 8% if the bill became law. Unemployment, of course, rose to 9.6% and is now reportedly headed to over 9.9% according to the Gallup polling organization.

ITEM: We are coming to realize that according to all the latest administration projections high unemployment is expected to be a fact of life and the only way to sort of deal with it is to allow them to tax us more and spend more of our money.

Item: One more broken promise, the House of Representatives adjourned for last minute campaigning without bothering to vote on extending the Bush Tax Cuts; and one more broken law, they still have not passed a budget. Is that a problem?

ITEM: College age voters (Obama’s most fanatical multi-racial support group) are in growing agreement that despite all the spending, unemployment is rising and their chances of finding jobs under Obama are shrinking by the day.

ITEM: Mr. Obama states that “most of the unemployed had already lost their jobs when I took office,” failing to mention that their numbers have increased by 40% since he came to Washington, D.C.

ITEM: Progressive economists have been uniformly inaccurate and ineffective throughout history. Four of the five economic “architects” of the Obama job approach (just throw money at the problem) have already left the administration for greener pastures.

ITEM: Speaking of progressive economists . . . their version of truth, known as “Keynesian Economics,” is a progressive (“we must ‘progress’ beyond the outdated and seriously flawed U.S. Constitution”) tool encouraging politicians to tax and spend and throttle the free market. The country as a whole is now, however, coming more and more to realize that government canNOT create jobs or wealth but can only redistribute wealth so ineffectively that all government programs to either create jobs or spread wealth inevitably destroy jobs and mean individual and overall wealth for our citizens.

ITEM: Progressive politicians cannot intelligently answer the question “How do you create a job?” Yes, they can hem and haw and stumble through the idea of how jobs that are already created can sort of create other jobs . . . but they have no idea. And God help us if you, a voter, don’t know either, here’s the answer:

http://www.econlib.org/library/Essays/rdPncl1.html

ITEM: Progressives see naturally arising free market forces as exploitation. They don’t understand that when one person willing trades his goods or services or money for someone else’s goods or services or money . . . pay attention, progressives . . . they both feel like they got the better end of the stick, and that this is the very key to capitalism. They believe only government can intelligently create jobs to benefit all. The true model of reality is that government is a hooligan or a thief, explained here:

http://fee.org/library/books/economics-in-one-lesson/#0.1_L3

ITEM: Fifteen million people are still unemployed and Nancy Pelosi’s and Obama’s solution extend unemployment benefits and multiply food stamp eligibility. Pelosi says that these programs are “biggest bang for the buck” as far as getting the economy in motion . . . claiming they return 179% on the dollar. Since government’s can’t create jobs or wealth and government programs are at best highly INefficient at transferring wealth the true number would probably be much closer to 39% which means that they kill 2.5 jobs for every job they help create in the economy. It’s also a proven fact and demonstrable part of reality (with unemployment benefits now extended to 99 weeks) that a surprising upsurge in job “discovery” takes place during the last three weeks of receiving unemployment checks regardless of whether that is the 23rd week or the 80th week . . . indicating that long periods of “covered unemployment” actually retards job-hunting.

ITEM: The majority of the public wants Obamacare repealed. Why? They’ve come to realize it will be the biggest drain on the economy of all time, won’t make us healthier and won’t lower costs, will allow federally-funded abortions, and actually make access to medicine, much less good medicine much more difficult. Now they’re seeing that Obamacare is jerking health insurance costs sky-high for private companies. So far at least 30 major corporations have been granted waivers to implementing Obamacare (so they don’t have to drop coverage of employees) and hundreds more are applying. And by the way, the reality that more and more Americans will lose their present insurance (“If you like your present insurance, then you can keep it.”) is not what even the supporters of Obamacare bargained for.

ITEM: Among Democrats, at last count only Nevada’s Harry Reid is running his re-election campaign with any mention of supporting Obamacare . . . and Harry Reid looks to be losing to one of the most bone-headed persons to ever call herself a “conservative.”

ITEM: The progressives are poised to allow the Bush tax cuts to expire at midnight on New Year’s Eve and that will surely amount to the largest tax increase in history.

ITEM: Obama’s much promised “transparency in government” and “bi-partisan involvement” allowed bribe after bribe after bribe (Cornhusker Kickbacks; Louisiana Purchase; building a new bank here; exempting a hospital there; etc., etc. ad nauseum) to ram the unpalatable Obamacare law and other unwanted bills down our throats and the process was certainly not broadcast openly but largely played out behind closed doors with only key Democrats invited in.

ITEM: Barack Obama said this in summing up his presidency so far for the New York Times . . . “I think they (people) could say, on a bunch of fronts he (the president) still has an incomplete. But I keep a checklist of what we committed to doing, and we’ve probably accomplished 70 percent of the things that we talked about during the campaign. And I hope as long as I’m president, I’ve got a chance to work on the other 30 percent.”

ITEM: Sorry, Mr. President, if your child was assigned to clean up his room and take the garbage out and he instead opts to scatter the garbage around the house and light the house on fire: his grade is not “incomplete,” it’s utter and horrific “FAILURE!”

ITEM: An “F” is NOT nearly low enough and NOT close to what America and history will someday record. Rajjpuut gives the president NOT a FAILING grade but a -400% grade based not only upon his demonstrated ineptness, but also upon this greater truth which no one seems to be noticing . . . .

http://www.teapartypatriots.org/BlogPostView.aspx?id=0b1f6f49-f530-4d42-965b-7c0252850aa4

Projecting his own corruption and inadequacies unto others, Barack Obama claims that unfounded lies have distorted his marvelous accomplishments and inspirational messages and made the fearful electorate unable to think clearly about the issues . . . the truth, of course, is that the President has been casting about for the last two months searching for the “perfect lie”** to muddy the waters and give him and his toadie progressives some hope of retaining their unwarranted power over our lives. Thankfully, in large part due to the rise of a brave and intelligent new Conservative Women’s Movement, especially noticeable among the TEA Party activists, but found all across our resurgent nation.

Ya’all live long, strong and ornery,

Rajjpuut

** Of course Governor Jerry Brown has broken out his own version of the perfect lie; and other versions of it are springing up all over the place, most noticeably in the campaigning of Dem Representative Grayson in Florida. Obama’s latest effort, saying that the Chamber of Commerce is receiving and using huge amounts of foreign donations to support Conservative candidates totally ignores the facts that A. That’s a 100% lie B. Obama’s campaign still hasn’t revealed the origin of about $320 million of us campaign donations with at least $105 million of that coming from foreign sources.

Read more…

It’s said “there are lies, damn lies and statistics . . .” Another little homily goes “Fool me once, shame on you. Fool me twice, shame on me.” President Obama is now predicting 9% unemployment next year and full employment by 2016 . . . how much faith should you place in those projections? You do remember the State of the Union Address and all the Obama administration hoopla in early February, don’t you? The very first economic projections that went along with the President’s glowing economic predictions back then are approaching their early August due date. It’s called the “Mid-Session Review.” Not surprisingly, according to Obama's own standards, virtually every economic indicator in the MSR is worse or even much worse than the administration’s own February budget projected. Federal deficits are expected to be $8.474 trillion over the next ten years. That figure is, thankfully, only $150 billion more than Obama anticipated in February’s budget . . . and that is the sum of the “good news.”

Our Federal Public Debt was $5.8 trillion in 2008 an enormous burden brought upon us by both political parties. However, MSR now after 18 full months of Obama’s devastating economic policies projects that debt will grow to roughly 2.33 times its present size in five years to $13.3 trillion and to 3.19 times the present level to $18.5 trillion in ten years. That would then amount to over 68% of GDP and $440 billion higher than they estimated in February. In 2020 the United States will be $26.6 trillion in arrears. Out of control Democratic spending is driving these deficits and this national debt. Republicans have opposed every idiotic proposal along the way, for all the good it did them or us. An overall 84% increase in non-defense discretionary spending by Mr. Obama makes his projection for 9% unemployment in 2011 and full employment by 2016, utterly laughable especially since they’re recently added $31 Billion in new proposals (for the next ten years that were NOT in the February version of the unofficial budget (the administration has NOT created an official budget yet.

Reality is a hard mistress who, if you don’t respect her, will surely make you life a living hell . . . so it with the MSR and ignorance of economic truth and history is no excuse . . . .

Item #1: The proximate cause for the financial debacle in late 2007 was the sub-prime lending crisis first mentioned as a future danger by James Stack of investech.com in November, 2003. The potential proximate causes of that disaster were linked to that meltdown potential in July, 2005, by the Bush administration which was unable to pass legislation undoing the five bad laws which brought us to the edge of danger – the first “bad-loan” mortgage guarantee law known as the Community Reinvestment Act of 1977 (CRA ’77**) and the four expansions of CRA ’77 (in ’92 expansion to also embrace the requirement for mortgage guarantees by Franny Mae and Freddy Mac; two more expansions of CRA ’77 in 1995; and the steroid version expansion of CRA ’77 in 1998. All driven by progressive elements in the Republican and especially Democratic Parties. Our president was actually an ACORN lawyer from ’95-97 shaking down financial institutions as ACORN forced them to live up to the absurd letter of these four bad laws. After Obama was gone other ACORN lawyers had an even easier time forcing bad loans when the ’98 expansion of CRA ’77 occurred. The net result is that even after creating our 2007-2008 financial Armageddon, those laws are 98% still on the books so the next version of ACORN can force loans to people without ID; people without jobs; people without rental history; people with horrific credit rating and even loans to illegal aliens. So not only is our financial crisis not over . . . not only is our president creating programs to bankrupt us well into the future . . . not only has spending increased 84% . . . but also the seeds of the last financial crisis have been nurtured and are ready to bloom again. Those are the facts.

Item #2: Mr. Obama is really a communist, but since 55% of Americans call him a “socialist,” let us be content to understate the case and say, Mr. Obama is a socialist . . . and therefore his allegiance is to the labor unions and he harbors immense animosity toward business and toward the wealthy entreprenuers who create businesses and expand businesses and create jobs. He has in his bailouts and buyouts, in his manipulation of the two auto bankruptcies, in his stimulus plan, in his Obamacare, in his new Financial law, etc. gone out of his way to benefit the labor unions at the expense of the American people, the business leaders and the wealthy. And what fact is being violated here? Americans getting $20.00 per hour on the assembly line of a union company canNOT compete with desperate, hard-working foreigners who are content to work for 68 cents an hour over a thirteen hour day with minimal benefits. In large part the unions have made us uncompetitive. Most American jobs nows are being created in the service area rather than the manufacturing area . . . count on it, that means they don’t pay beans compared to what old GM workers were earning even back in 1984. So where are the Obama jobs “created or saved?” The bulk of them are in government or teaching or semi-civil service positions like police and fire-fighting . . . jobs that produce exactly ZERO! Jobs that create exactly ZERO PROFIT. Are we starting to get the picture here, Mr.

Obama believes that government throwing money around creates jobs, real jobs in the real marketplace . . . Mr. Obama has his head deep, deep up inside his lower intestine. Mr. Obama is anti-profit and doesn’t understand the most simple facet of economics . . . wealth creates real jobs, real jobs create real wealth and left to its own devices this is the engine of prosperity. You’ll never see a fire-fighter, police officer, teacher, union official, union member, or service worker creating jobs . . . real jobs come from real wealth and the real basis of real wealth is not the service industry but real production of real goods. Ultimately it comes to that and Mr. Obama is doing everything 100% bass-ackward and instead of building our economy is seemingly determined to undermine it so it will never create a single job again. Right now he’s about to raise taxes on the rich again . . . surprise, they’ve got the power to take their ball and go home and leave you without an economy, Mr. Obama.

Item #3: Everything Mr. Obama and the unions have done in their history have made America and American workers completely unattractive to investment and even to those who’d loan us money. The American workplace with all its anti-business regulations has become the least attractive jobs environment the world has ever known. The movement of American corporations to other jobsites in the world was a natural result of that UGLY-Anti-AMERICAN, Anti-business climate and under Mr. Obama that trend has grown into a galloping reality. The only place non-government jobs are being created is in low-wage retail and service jobs.

Item #4: Mr. Obama is so out of touch that he is seeking to pass legislation “creating” five million green-tech jobs. If the Spanish green-tech job experience is any judge, that means he’s talking first about losing eleven million real jobs from the real economy to subsidize those green-tech jobs. Then only about 1/10 of those green jobs will prove permanent so at a cost of eleven million real jobs he will have created 500,000 permanent green-tech jobs . . . a 22/1 ratio which is why Spain went from 3% unemployment in 1997 to 21% unemployment today. Mr. Obama doesn’t understand economics and still believes in the tooth fairy version of Keynesian Economics that purports that governments can create real jobs. Thomas Edison invented the light bulb in 1879. We have not yet seen a similar breakthrough in solar energy, wind energy, geothermal energy or any electrical generation of energy more efficient than using fossil fuels such as coal, gas, natural gas, or even so-called “oil-shale.” We could abandon the rest and take the least advanced technologically of all these fossil-fuel industries (oil shale) and in ten years if government got completely out of its way, have America far better off than it is now energywise. We could, on the otherhand, subsidize solar, ethanol, wind and geothermal experiments for twenty years and most likely be not much further than we are now. There is a time, Mr. Obama, for every purpose under heaven and all your audacious hope won’t change that time one second.

Item #5: Barack Obama wrote the manual on how to lie with statistics, seemingly making up about 60% of those he spouts off in interviews. Certainly his “jobs created and/or saved” is total malarky. The number of people without jobs period is roughly 17.8% at present. The number of under-employed people with part-time work only is another 4.4%. The number of under-employed people with jobs paying far less than the jobs they lost is roughly 5.7%. The number of people still on the unemployment rolls is roughly only about 9.6% . . . . how do “jobs created or saved” fit in with those greater truths?

All the following are real, not Obama-generated, statistics and all of them were bad when he took office but have become much, much worse because of his hateful interference in the economy:

61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 almost a 25% jump under Obamanomics

36 percent of Americans say that they don't contribute anything to retirement savings.

24 percent of American workers over age 50, say that they have postponed their planned retirement age in the past year.


Over 1.4 million Americans filed for personal bankruptcy in 2009, a 32 percent increase over 2008.

For the first time in U.S. history, banks** own a greater share of residential housing net worth in the United States than all individual Americans put together.

In the United States, the average federal worker now earns 60% MORE than the average worker in the private sector. Unionized federal workers earn about 112% more. That means that a lot of money that might be stimulating the economy is being wasted on government.


In America today, the average time needed to find a job has risen to a record 35.2 weeks.


More than 40 percent of Americans who actually are employed are now working in service jobs, which are often very low paying.


For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.


This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.

Thanks to Obama and union demands in this country, the rate of job outsourcing by major corporations, increased 18% in 2009.


Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.

As you look at what exactly Mr. Obama has done to you, here’s a good website to visit showing you what the brunt of your tax burden is in three scenarios:

http://mytaxburden.org/

for sure, one way or another tax increases are the #1 most likely scenario that Obamanomics has brought our way. $2.55 TRillion over the next ten years from “allowing the Bush tax cuts to expire” or “closing the loopholes in the tax code” or whatever spin they want to put on it. Life gets a bit harder.

Ya’all live long, strong and ornery,

Rajjpuut

** From 1946 - 1998, America boasted by far the highest home ownership in the world 62 - 65%. So the CRA ’77 was fixing a situation that wasn’t actually broken, but now it truly, truly is busted.

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CHINA ENDS U.S.'s REIGN AS LARGEST AUTO MARKET

Lately (oh, about the last 12 months), every day brings another sad bit of news, and this one is a clear sign of the times -- something I don't think any of us thought would come. This is another sign of what happens when the government controls, and this government is controlling more and more every day.CHINA ENDS U.S.'s REIGN AS LARGEST AUTO MARKEThttp://tinyurl.com/yl756hd
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While straddling the fence, through the late 60s and 70s, it was candidate Ronald Reagan's question "Are you better off than you were four years ago?" that finally gave me the shove, never to return. As a young single mother, struggling to hold on to a newly purchased home for my children with the interest rate topping out at 21-3/4%, I swore never to vote Democrat again -- ever!ARE YOU BETTER OFF NOW THAN YOU WERE *BEFORE* HOPE AND CHANGE?http://tinyurl.com/yjggmo4
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