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Five Devastating Numbers That Show Obama's Incompetence

Five Devastating Numbers That   Show  Obama's Incompetence

By John Hawkins 4/24/2012


Whether you've had some form of head trauma that has   caused  you to like Barack Obama or like all good hearted people, you  can't  stand him,  his performance has objectively been terrible. Of  course, we  can debate WHY his  performance has been so bad. His  supporters would  probably blame Bush,  Republicans in Congress, ATM  machines, fairy dust  shortages and people  forgetting to click their  heels together three times  before saying, "There's no  place like  home." On the other hand, people who  haven't been drinking Barney   Frankosaurus brand Kool-Aid might note that  if Obama is going to  blame  Republicans for everything that happens while  he's President,  we might as well  just replace him with a Republican.  Whatever the  case may be, here are five  devastating numbers that show how  poorly  America has fared under Barack Obama's  watch.

1) 3 years and 2 months: "The   National  Debt has now increased more during President Obama's three  years  and two months  in office than it did during 8 years of the  George W.  Bush  presidency.

The Debt rose $4.899 trillion during the two terms of  the  Bush  presidency. It has now gone up $4.939 trillion since  President Obama  took  office."


Keep in mind that in 2008, when Obama was in full  "hope,   change, and bullflop" mode, he actually called Bush "unpatriotic"  for  adding so much to the debt which is kind  of like being called a  traitor by  Benedict Arnold.

2) $9.5 trillion: At a certain point,  it  does  get a little tedious to keep hammering home how much debt  we're  piling up, but  it's such an urgent problem that produces so  little  reaction, that it's nearly  impossible to do otherwise. It's  almost like  being chained to people in a house  that's burning down,  but they're too  busy camping out on the couch eating chips  and  watching American  Idol to bother to save themselves.

This country has already lost its AAA rating, we're  15   trillion dollars in debt, we have 100 trillion dollars in  unfunded Social   Security and Medicare liabilities, and barring a  major course correction,  we're  going to default on our debts and  start into a downward spiral that  this nation  will not recover from  in the lifetime of anyone reading this  column. So what is  the Obama  Administration doing to tackle an issue so  serious that it makes every other problem we have   pale  in significance?


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Absolutely stunning  video!   Please.. take the time.. it's only 4 minutes! Absolutely  incredible! This is  the  only video anyone ever needs to  watch!   IfIWantedAmericatoFail


The Congressional  Budget Office on Friday  released its analysis of President Obama’s 2012  budget proposal and found it  does less to rein in deficits and the debt  than the administration had  estimated. CBO estimates Obama's plan would  produce 10 years of deficits  totaling $9.5 trillion. By 2021, it would  increase the debt held by the public  to 87 percent of gross domestic  product.
This is a "sit in the burning house  until the roof falls in  and we all die" budget. If we add another $9.5  trillion to the debt over the  next 10 years, it will mean that generations  of Americans will have to grow up  in dire poverty, wear sack cloth, and  have to eat their dogs to make it through  the winter. On the upside, if  American children do have to eat Fido, it may mean they'll grow up to be  President  one day.

3) 1091 days: We're now up to  1,091 days  without a budget despite the fact that it's the most basic  function of Congress  and it's required by law. There's a simple reason for  this: Democrats don't want  to offend the general public by increasing  spending or their base by cutting  spending; so they've decided to do  nothing. This is kind of like a police  department full of officers who've  decided that arresting people is too much of  a hassle; so they're going to  sit in the station, eat doughnuts, drink coffee,  and play Angry Birds all  day. Worse yet, when Republicans like Paul Ryan have  presented responsible  budgets that don't go far enough, but are at least valiant  attempts to  take the country in the right direction, they've been criticized by  Barack  Obama and the Democratic Party. In other words, not only are the  Democrats  not going to do their jobs, they don't want Paul Ryan trying to do  their  jobs and to top it all off -- they then complain that the Republicans are   blocking THEM. What a perverse political world it is that we live in when  the  Democrats have decided that their best chance of keeping their jobs is  to refuse  to do their jobs and then blame the other side for their adamant  refusal to  remove their own thumbs from their behinds.


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4) $2,170: One of the great ironies of  this  election is the still rabid support that black Americans have for  Barack Obama.  This is kind of like Columbine High School throwing a "We  Sure Do Miss You"  Memorial Rally for Eric Harris and Dylan  Klebold.

When Mr. Obama was inaugurated black   unemployment was 12.6%. 36 months later, it is at a depression era level   15.8%.


* Black teenage unemployment is a jaw dropping 42.3   percent.

* In October 2010, blacks accounted for 22.6 percent of  the  then 40.5 million Americans who received food stamp benefits each  month. That  figure was projected to rise in 2011. Mark Rank of Washington  University  suggests a whopping 90 percent of black children may eventually  live in  households that need food stamps.

* In 2007, before Obama took office, white households had  a  median net worth of $134,280, compared with $13,450 for black  households. By the  end of 2009, the median net worth for white households  plummeted 24% to $97,860.  But for black households, it dropped 83% to $2,170.  The  Chicago Sun-Times called it, “The Disappearing Black Middle  Class.”



If a Republican President did the sort of damage to  black  Americans that Barack Obama has, it would be called a hate  crime.

5) 5 Million: The average unemployment  rate  during George Bush's time in office was roughly 5.3% as compared to  8.2% today,  which is part of the longest streak of over 8% unemployment  since the Great  Depression. However, because of the way the unemployment  rate is calculated,  even those horrific numbers don't give you the full sense of the Mt. Krakatoa-like  havoc  that Barack Obama has wreaked on the job  market.

When the recession supposedly  officially  ended in June, 2009, the labor force participation rate was  still  65.7%.


In the latest, much celebrated unemployment report, the  labor  force participation rate had plummeted to 63.7%, the most rapid  decline in U.S.  history.  That means that under President Obama  nearly 5 million Americans  have fled the workforce in hopeless  despair.

The trick is that when those 5 million are not counted as  in  the work force, they are not counted as unemployed either.  They  may  desperately need and want jobs.  They may be in poverty, as  many  undoubtedly are, with America suffering today more people in poverty  than in the  entire half century the Census Bureau has been counting  poverty.

In other words, there are 5 million Americans who not  only  lost their jobs, but who became so discouraged trying to find a job  that they  just gave up. That's definitely a "change," but the only "hope"  at this point is  that Obama will be voted out of office so that those  people will be able to get  back into the labor market.

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The Video That Barack Obama DOESN'T WANT YOU TO SEE!







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Obama’s Election Strategy Is to Kill Jobs


By: Michelle Lopata

The reason why jobs number reports are constantly in flux is because President Barack Obama’s “new election strategy for getting the unemployment rate down is to kill jobs,” talk radio host Rush Limbaugh said.

“I finally figured it out,” Limbaugh said Friday. “Barack Obama has decided that the only way to lower the unemployment rate is to kill off jobs.”

“The unemployment rate went down one tenth of a percent from 8.2 to 8.1 percent but the number of people leaving the labor force is at an all-time high. It’s over 88 million Americans not working.”

Limbaugh says that when looking at demographics, the unemployment rate is even worse for younger Americans, whose unemployment rate is closer to 15 to 20 percent.

Limbaugh says that the key to making sense out of these reports is to alter our way of thinking.

“Pushing people out of the workforce drives down the unemployment rate,” Limbaugh said. “When that happens, Obama says the recovery is slow but steady.

“As you see the unemployment rate fall, what you must understand is — do a 180 on your thinking — what you must understand is the job situation is worsening.”

“The labor force participation rate, that is the universe of all jobs available, is skyrocketing upward and that means fewer people are counted in the whole equation which means the unemployment rate is plummeting,” Limbaugh continued.

“Under Obama, when the unemployment rate falls, the jobs situation is getting worse,” Limbaugh said, because they then rely on government subsidies such as disability and food stamps.

“There is no recovery.”

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Bin Laden May Ironically Be Obama's Albatross           

IBD Editorials               

Election '12: The president seems to think bragging about killing Osama bin Laden will help get him re-elected. But the question is increasingly becoming why the president hesitated on such a no-brainer decision.

Jack Keane, the Army vice chief of staff from 1999 to 2003, told Mike Huckabee on Fox News over the weekend that the U.S. government knew exactly where Osama bin Laden was nearly a year before President Obama gave the order to send in the Navy SEALs to his compound in Pakistan.

The retired general told Huckabee, "We had the target in the summer (of) 2010, and it took until the following May to execute the mission."

Keane was surprised at the delay "because, you know, the longer you spend on something like that, the greater likelihood is that the target will be compromised because of your surveillance, and then that target will flee."

Keane added, "I know for a fact that we had it that summer, maybe even sooner than that."

So why didn't Obama act sooner?

"My sources tell me the White House was trying to verify that the target was actually there as opposed to just relying on circumstantial evidence," Keane said. "They actually wanted a photo ... and that without that there was a lot of delay and procrastination about it, because they wanted verification."

He said those few officials who knew that bin Laden had been located "wanted to get after" him "because they realized that the target could be compromised and it took so long to actually find it.  And you sort of had the sense that this was it, it was real, and let's go get it."


Keane knew this information because he was "close to somebody who had knowledge and he trusted me and had confidence in me" not to reveal it.

What Keane says may not be true. Yet a president who knew where the man who gave the order for the 9/11 attacks was, but did not act, would be guilty of serious misconduct, a near-impeachable offense.

The gaffe-inator, Vice President Joe Biden, in March claimed that if the bin Laden raid failed "this guy would be a one-term president" — a comment exposing that even the White House knows this presidency is a failure. You mean all that "hope and change" in job creation and health care policy wouldn't make up for botching the bin Laden raid, Joe?

As shown in a Time magazine-revealed memo from Leon Panetta, the defense secretary who during the bin Laden raid was CIA director, the White House was setting up Adm. William McRaven, the Special Operations commander, as scapegoat if the mission failed.

"The timing, operational decision making and control are in Adm. McRaven's hands," Panetta's memo stated.  "Any additional risks are to be brought back to the president for his consideration."

That wording would have made it easy to accuse McRaven of botching the mission by undertaking an "additional risk" the president supposedly didn't OK.

No wonder former and current Navy SEALs have accused Obama of politicizing the bin Laden killing.

As Montana Republican state Sen. Ryan Zinke, a 23-year veteran of the SEALs, told Britain's Daily Mail, it was a "no-brainer" to order bin Laden's elimination.

"I think every president would have done the same," Zinke pointed out.

George W. Bush, John McCain and Mitt Romney would all clearly have given the order — except much sooner.

The ghost of bin Laden may end up haunting not the GOP challenger, as many Democrats seem to believe, but procrastinator-in-chief Barack Obama.

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GAO: Recoverable Oil in Western  States  'About Equal to Entire World's Proven Reserves'

By Erika Johnsen 5/12/2012


On Thursday, the Government Accountability Office  informed  Congress that the Green River Formation, under a basically empty  tract of mostly  federally-owned land that covers the area where Utah,  Colorado, and Wyoming come  together, contains about as much recoverable  oil as the rest of the planet's  proven reserves, combined:

“The Green River Formation--an assemblage of over 1,000  feet  of sedimentary rocks that lie beneath parts of Colorado, Utah,  and  Wyoming--contains the world's largest deposits of oil shale,”Anu K.  Mittal, the  GAO’s director of natural resources and environment said in  written testimony  submitted to the House Science Subcommittee on Energy  and  Environment.

“USGS estimates that the Green River Formation contains  about  3 trillion barrels of oil, and about half of this may be  recoverable, depending  on available technology and economic conditions,” Mittal testified. …

“As you can imagine having the technology to develop this  vast  energy resource will lead to a number of important socioeconomic  benefits  including the creation of jobs, increases in wealth and increases  in tax and  royalty payments for federal and state governments,” she  said.

In her written testimony, Mittal noted that three-fourths  of  the Green River shale oil is under federal land.

“The federal government is in a unique **noallow** to   influence the development of oil shale because nearly three-quarters of the  oil  shale within the Green River Formation lies beneath federal lands  managed by the  Department of the Interior’s (Interior) Bureau of Land  Management (BLM),” she  testified.

Environmentalists have a peculiar penchant for  predicting  imminent catastrophe, which makes sense: nobody's going to help  them get their  way if we've got time and resources to spare! Besides  humanity's forthcoming  doom via global warming or population boom, one of  their favorites is a looming  energy crisis that will come to pass when we  shortly suck Mother Earth dry of  all of her oil supplies. For decades,  they've been heralding a shortage only a  few years away, but the calamity  has never come to pass. After all, they reason,  oil a finite resource, and  there's only so much to be had, especially as other  nations like China and  India are hitting the road and increasing global  demand.

But these greenies' doomsday predictions are often focused  on  scary statistics that only tell half of the story. Their conjectures  usually  assume current levels and methods of efficiency sans new  innovation, as well as  our known reserves that are currently recoverable  given present technology. But  the fact is, not only are we likely to  continue the trend of increasing  efficiency and getting more out of the  resources we have (and perhaps even  bringing non-traditional sources into  the mix, if the government would just let  'investments' happen naturally),  but improving technology is constantly   helping us to advance our  access to oil as well as discover new deposits. The  outlook really isn't  all that bleak, folks, and shame on the Obama  administration for  constantly withholding permits that would bring us a greater  market share  in the global oil market, providing jobs and economic  growth.

Erika Johnsen is a  Web Editor for Townhall.com and Townhall Magazine. Follow her  on Twitter  @erikajohnsen.