Publicado: 07-26-2011 10:00 PM
Obama, the Pied Piper, and His News Media
From the moment the Obama administration came into office, wiping out every job gained since the year 2000, there have been no net increases in full-time jobs, only in part-time jobs. This is contrary to all previous recessions. Employers are not recalling the workers they laid off.... We now have more idle men and women than at any time since the Great Depression.
QUOTE OF THE CENTURY, MAYBE EVEN THE MILLENNIUM
“The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The Republic can survive a Barack Obama who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president."
My other personal concern is the evil entities behind the fool
Publicado: 07-27-2011 02:28 PM
Bombshell: White House Knew About ATF Gunrunning Scandal
U.S. agents shot to death in Mexico by narcos with american guns provided
by Obama's administration
Jaime J. Zapata was one of two U.S. Immigration and Customs Enforcement agents ambushed by gunmen in central Mexico, officials say. Zapata was killed and the other agent was wounded in a 'narco-blockade.'
Bombshell: White House Knew About ATF Gunrunning Scandal
Well, today a bombshell dropped. It's not just the Justice Department that looks culpable -- it looks like the White House was briefed on the operation as well:
At a lengthy hearing on ATF's controversial gunwalking operation today, a key ATF manager told Congress he discussed the case with a White House National Security staffer as early as September 2010. The communications were between ATF Special Agent in Charge of the Phoenix office, Bill Newell, and White House National Security Director for North America Kevin O'Reilly. Newell said the two are longtime friends. The content of what Newell shared with O'Reilly is unclear and wasn't fully explored at the hearing.
For various reasons relating to the White House's gun policies and relations with Mexico, many have speculated that the White House was involved. (This involves a lot of political posturing on guns by the White House, which I explain in detail in my piece mentioned above.) But this is the first concrete proof that the White House knew what was going on.
If the White House knew what was going on, this very, very serious charge. Did the White House knowingly let guns fall into the hands of criminals to make the case for more liberal gun laws? I imagine GOP congressional investigators will proceed cautiously here, but Fast and Furious is so far has been a slow-burning, but deadly serious scandal. But a deep exploration of level of White House involvement now seems warranted -- the scandal may have just become huge.
Publicado: 07-29-2011 09:32 PM
Obamanomics: In case you thought the economy was doing better, Friday’s report on gross domestic product likely disabused you of that notion. It shows the last two years of economic policymaking have been an utter failure.
New data show that the economy has been expanding far less robustly over the past two and a half years than initially claimed.
According to the Commerce Department, first-quarter GDP growth was 0.4%, not 1.9% as first reported. In the second quarter, it grew at a tepid 1.3% pace.
A recent problem? Hardly. Fourth-quarter 2010 growth was also revised down, from 3.1% to 2.3%.
In fact, all told, from the end of 2008 to this year, the government estimates U.S. GDP was $314 billion less than first estimated, not including this year’s revisions.
Digging down into the data shows an even gloomier picture. Per capita GDP, the ultimate measure of both well-being and productivity for a nation, today remains lower in real terms than it was in 2007.
In the second quarter of this year, average annual real output per person stood at $42,499 — still 3.3% below its peak of $43,956 in the fourth quarter of 2007.
Looked at yet another way, the Commerce Department also estimates “potential” GDP — the size the economy would be with all resources used efficiently.
In the second quarter of this year, real GDP stood at a real annual rate of $13.33 trillion. But our potential, the government says, is $14.25 trillion. So we’re missing $920 billion in GDP, and Obama’s first term isn’t over.
Call this lost potential the Obamanomics tax.
That pretty much explains why unemployment remains stuck at more than 9%, with an estimated 27 million Americans unable to find full-time employment.
Our growth is insufficient. At best, we are in a growth recession — an economy whose slow expansion can’t create enough jobs to hire everyone who wants one.
As U.S. Chamber of Commerce economist Martin Regalia warned Friday, Obama’s increased regulation and uncertainty for small businesses “have made it extremely difficult for the economy to grow and create jobs.”
Tough to disagree with that. Yet under Obamanomics, these aren’t bugs in the system — they’re features. Businesses have $2 trillion in cash to invest, but are so frightened and intimidated by the Democrats’ bullying, threats and demonization of wealth they’re sitting on it.
As President Obama entered office in early 2009, his top economic advisers promised stimulus would deliver fast growth. Unemployment, they said, would top out at 8% — and 3.5 million new jobs would be created.
After spending $830 billion on stimulus, $700 billion on TARP, with unknown trillions more to be spent on ObamaCare and welfare, the nation’s not better off.
The Keynesian stimulus put in place by the Democrats two years ago has been an economic disaster. Sadly, these latest data prove it. Our budget deficit is bad enough. But our growth deficit is devastating.
Publicado: 07-30-2011 12:05 AM
Obama the big spending Marxist must be put on a leash!
July 29, 2011 | Jim Robinson
Spread-the-wealth-around Obama has already sucked and borrowed over $4 trillion out of the economy and burned it on the Altar of Marxism. And we have nothing to show for it.
Obama = Epic Fail!
Now that the US is bankrupt and on the brink of default, he wants to borrow and burn another $4 trillion plus. Sorry, folks, this ain't going to cut it. We either cut the government NOW or the USA will fail.
Obama needs to be put on a tight leash. We don't need to raise the debt limit to avoid default. We don't need to allow Obama to continue his idiotic multi-trillion dollar spending spree. The congress should appropriate just enough to avoid default and that's IT!!
Social security, the payments to avoid default, and the military must be paid, but all other spending must be stopped or cut!! As far as that goes, even the defense budget must be cut! Cut the waste, cut the fat! End the wars and bring our troops home! Repeal ObamaCare!! We cannot afford it!! The government must be put on a pay as you go footing!!
Congress, do your JOB!!
Tea party freshmen, you're our last hope! They cannot continue the drunken spending binge without your approval.
Do not falter, do not fail!
TEA PARTY PATRIOTS, HOLD THE LINE!!
Publicado: 07-30-2011 01:27 PM
Economy Under George W Bush
This page contains a variety of statistics on the economy from January 20th, 2001 to September 2008.
Successive speakers at the Democratic National Convention poured scorn on President Bush's economic record. The clear aim was to justify the party's call for "change," and to undermine support for Republican presidential nominee John McCain. His election would mean a "third Bush term," delegates groaned. Yet Democrats cited no good evidence for their claims that the administration has produced a stagnant economy, widening disparities of income and wealth, high unemployment, and a heavy burden of government debt (supposedly resulting from an unwise military intervention in Iraq).
How does the performance of the U.S. economy really compare with other advanced economies over the eight years of George Bush's presidency? Data published by the International Monetary Fund (IMF), the Organization for Economic Cooperation and Development (OECD), the World Bank, the International Comparison Program (ICP) (a cooperative venture coordinated by the World Bank) and the U.S. Census Bureau allow a nonpartisan, factual assessment. Here are some of the findings:
- Economic growth. U.S. output has expanded faster than in most advanced economies since 2000. The IMF reports that real U.S. gross domestic product (GDP) grew at an average annual rate of 2.2% over the period 2001-2008 (including its forecast for the current year). President Bush will leave to his successor an economy 19% larger than the one he inherited from President Clinton. This U.S. expansion compares with 14% by France, 13% by Japan and just 8% by Italy and Germany over the same period. The latest ICP findings, published by the World Bank in its World Development Indicators 2008, also show that GDP per capita in the U.S. reached $41,813 (in purchasing power parity dollars) in 2005. This was a third higher than the United Kingdom's, 37% above Germany's and 38% more than Japan's.
Publicado: 07-30-2011 01:29 PM
Household consumption. The ICP study found that the average per-capita consumption of the U.S. population (citizens and illegal immigrants combined) was second only to Luxembourg's, out of 146 countries covered in 2005. The U.S. average was $32,045. This was well above the levels in the UK ($25,155), Canada ($23,526), France ($23,027) and Germany ($21,742). Chinastood at $1,751.
- Health services. The U.S. spends easily the highest amount per capita ($6,657 in 2005) on health, more than double that in Britain. But because of private funding (55% of the total) the burden on the U.S. taxpayer (9.1% of GDP) is kept to similar levels as France and Germany. The U.S. Census Bureau reports that 84.7% of the U.S. population was covered by health insurance in 2007, an increase of 3.6 million people over 2006. The uninsured can receive treatment in hospitals at the expense of private insurance holders. While life expectancy is influenced by lifestyles and not just access to health services, the World Bank nevertheless reports that average life expectancy in the U.S. rose to 78 years in 2006 (the same as Germany's), from 77 in 2000.
- Income and wealth distribution. The latest World Bank estimates show that the richest 20% of U.S. households had a 45.8% share of total income in 2000, similar to the levels in the U.K. (44.0%) and Israel (44.9%). In 65 other countries the richest quintile had a larger share than in the U.S....
- Employment. The U.S. employment rate, measured by the percentage of people of working age (16-65 years) in jobs, has remained high by international standards. The latest OECD figures show a rate of 71.7% in 2006. This was more than five percentage points above the average for the euro area. The U.S. unemployment rate averaged 4.7% from 2001-2007. This compares with a 5.2% average rate during President Clinton's term of office, and is well below the euro zone average of 8.3% since 2000.
The evidence shows that much of the Democratic Party's criticism of President Bush's economic record is wide of the mark. True, the economic slowdown now affecting most advanced countries will likely result in rising unemployment over the coming months. But thanks to sensible policies pursued by the Bush administration (not always with adequate support from a Democratic-controlled Congress), the U.S. economy is sufficiently flexible to keep unemployment below the 7.7% peak reached in the last postrecession year of 1992.
The main risk is that, if elected, Barack Obama will pursue a "social justice" strategy. This would encompass higher taxes on entrepreneurs, savers and investors, more direct government intervention in the economy, and protectionist policies (including revoking existing trade agreements) aimed at safeguarding the jobs of his union backers in "old" industries and public services. If so, the pain is likely to be more widespread and prolonged.
OBAMA MORE THAN TRIPLED THE ANNUAL DEFICIT AND MORE THAN 40% THE NATIONAL DEBT SINCE HE TOOK POWER!!!
Publicado: 07-30-2011 04:22 PM
Publicado: 07-31-2011 01:00 PM
Is Obama or Mexico Worse on Unemployment?
By Kevin McCullough
This week the Mexican Consulate to Sacramento California proclaimed, “We have become a middle class country!”
Oh if only President Obama could say the same.
See, for Mexico to bootstrap its way to middle class status, lots of things had to change from only a few years ago. Finance markets had to open up. People needed to access education, and ultimately people needed to be able to work.
And work they are south of the border.
Sporting a brand new unemployment rate of just under 5%, the current Mexican economy is humming, people are buying homes and people are working. In fact, the small business community of Mexico is creating jobs and a need for workers so fast that from only California nearly 300,000 illegals have repatriated themselves to Mexico, just to do those jobs “that Americans never would.”
Another soaring economic factor for Mexico is that the most lucrative jobs are in the construction business. Homes, production facilities, and factories are all working to spur on the next generation of Mexican entrepreneurial success.
Put that side by side with American construction trends since President Obama came to office and the contrast is stunning.
Do you realize that America has the worst economy on our continent?
White House officials will get unbelievably angry when this is pointed out, but 5% unemployment was what this nation enjoyed under President Bush. So what did President Bush know, and what do Mexico and Canada now know that President Obama doesn’t know?
Most likely it’s got something to do with the idea that small businesses are the engine to a growing economy. And while Mexico is building things and growing things, inner city Obama voters are sitting on their tukas (or in the collective “tukai”) groaning about how much the government “ain’t doin’ for me!”
Stimulating failed businesses, insisting on “fixing” health care with entitlement “benefits” that no one likes, and talking up green energy while ignoring the plethora of energy resources we have at the reach of our fingers roughly sums up the Obama term. The plan of action so misguided that even now he’s taken aback that he must yet try to solve the problem of adding on to the nation’s credit card.
Publicado: 07-31-2011 01:02 PM
All the while he obfuscates and instructs his budget director to do the same, so that he may scare social security recipients of the benefits they paid into. (You do know don’t you that the tax intake from July 2011 will be in excess of $200,000,000,000 and it would only take $20,000,000,000 to meet the social security needs?)
I know that in the midst of all the arguments about how the government can’t even consider not sending out it’s 80,000,000 checks this next week its hard to grasp pictures of two nations most Americans normally see as inferior—actually doing better than us—but reality dictates a closer look be had.
Canada was in almost an identical economic free fall in 2009. We “stimulated” our economy by propping up companies making horrible products and falsely thinking we solved the problem. Obama promised 8% unemployment—worst case—if we passed the stimulus. Canada chose not to, and the rate at which their nation has rebounded has outpaced America on all levels.
Meanwhile to our south, Mexico is seeing the greatest economic middle class expansion in it’s history, and their unemployment levels are roughly HALF what ours in America are.
Still think President Obama is improving our image on the international stage?
Mexico has been an infinitely more disorganized, poorly led, poorly secured, and poorly resourced nation for most of its existence in modern times. I mean the words of the Consulate to Sacramento say it all—they’re throwing parties that they’ve become a “middle class nation.”
Meanwhile America is on exactly the opposite trend.
How long does this last? About as long as President Obama is left in office, I’m guessing.
One final thought, America’s solution might just be one of Mexico’s neighbors. Governor Perry in Texas has created half of all the new jobs in the entire nation in the past three years, should he ever decide to take a stab at it, (being President) his proximity to Mexico might just end up being... an asset.
Of course by then President Obama will be sitting in his urban living room collecting his unemployment checks like most of the rest of the people his policies have so miserably failed. The ones he’s failed most being just blocks away from his Chicago address.
OBAMA'S REAL UNEMPLOYMENT 17.9% AND GOING UP, UP, UP!!!!
Just imagine the campaign spots, (Music fade, minor key dramatic)(Big throaty announcer “Who would’ve ever guessed that Mex-i-co would surpass the United States in job creation, just two and half years into his administration? No... He... Can’t! Vote for anyone other than Obama in 2012, and take back your con-ti-nent!” (Music swell.)
Kevin McCullough is the nationally syndicated host of “The Kevin McCullough Show” weekdays (7-9am EST) & “Baldwin/McCullough Radio” Saturdays (9-11pm EST) on 289 stations. His newest best-selling hardcover from Thomas Nelson Publishers, “No He Can’t: How Barack Obama is Dismantling Hope and Change” is in stores now.