Saturday, August 3, 2013

Beautiful...just beautiful...

Another month and another jobs report that's so bad it’s good. At least that’s how Wall Street will look at it, because free money from the Fed will now continue.

The economy added 162,000 jobs overall, well below the previous few months. Additionally wages and hours fell, meaning workers are bringing home fewer bucks.

You'll likely hear that unemployment fell but that was largely due to people giving up looking for work.

Obama’s best tactic so far for combating unemployment has been to convince people that there is no work for them, and where possible, use legislation to discourage full-time job creation, as we see is the case with Obamacare. Why create one job, when you can create two with half the benefit to the economy?

Known as the labor participation rate, the number of people who are participating in the workforce fell by .1%. The number of unemployed, not coincidentally, fell by 263,000 while the number of people not in the workforce increased by 240,000.

Nice how that works so well with all the other Obama math.

This is known to Obama as a “balanced approach.”

"The [jobs] report is disappointing, with weaker job growth in July compared to the first half of 2013," PNC senior economist Gus Faucher, speaking for the stock market, told ABCNews. "Despite the drop in the unemployment rate, the softer job growth in July, combined with the downward revisions to May and June, makes the Federal Reserve slightly less likely to reduce its purchases of long-term assets when it next meets in mid-September."

That means the stock market will likely continue to rise. 

Overall the numbers add up to Obama being the worst jobs president in the history of the world, even if he is a “peacemaker” (HA! That’s just the kind of thing you get when you allow a Norwegians to award peace prizes on behalf of Sweden. The joke’s on you Sweden).

And the jokes on us too, but it’s no laughing matter.

That’s because Obama treats jobs like he did brain cells when he was a teenager. It kind of makes you wonder what he’s smoking now, besides the cigarettes he likely puffs in the Oval Office.

“They keep on talking about this — an oil pipeline coming down from Canada that’s estimated to create about 50 permanent jobs,” Obama said of the Keystone Pipeline, like he's unfamiliar with the details. “That’s not a jobs plan.”

Well if anyone would know what “not a jobs plan” looks like it would be the Amateur.

The emphatic “they” of course are Republicans.

But contrast the GOP plan with Obama’s plan, say, on Solyndra, which was Obama’s “keystone” jobs plan for “alternative energy.”

Of course Solyndra suffered from the same delusion that all of Obama's plans suffer from: that is, it lacked the requisite ingredients. It’s hard to create alternative energy jobs when your technology can’t produce any, um, energy.

Getting past the fact that Obama’s wrong about the number of jobs created by the Keystone pipeline, 50 permanent jobs created by Keystone looks a lot better than the 500 permanently unemployed people created by Solyndra.

But even that is beside the point.

Ask Obama where jobs are really being created in this country. Seriously. Ask him, I’m not sure he knows.

Because, it’s not in the president’s unnamed fantasy states Number 56 and 57 where jobs are coming from. It’s in the Republic of Texas and the Republic of North Dakota where oil and gas energy’s a’boomin’.

“With a growth rate five times the national average, it’s time to recognize the enormous potential emerging up North,” said Business Facilities magazine’s editor-in-chief Jack Rogers. “North Dakota is generating so many jobs, newcomers are sleeping in their cars while new housing is built.”

Please note the difference here in plans: People sleeping in their car FOR a job. With Obama's plan, people sleep in cars, but not on purpose.

Business Facilities covers corporate expansion and relocation and is targeted for C-level executives who are the decision-makers on where a company locates or expands its business.

“The results from our most recent rankings had us tempted to restructure our annual evaluation of the states into a new configuration: Texas and everybody else,” Rogers said. “The Lone Star State repeated its success in our 2012 rankings with a tour de force just as impressive in our 2013 package.”

Fortunately for the White House, they can say the same thing: Their performance on jobs and the economy in 2013 has been a repeat of 2012, 2011, 2010 and 2009.

It's a true tour de farce, proving that where jobs are concerned, Obama's in his own category.

There is President Obama and President Everyone Else.

Montana Senator Max Baucus, who led the effort in Congress to pass Obamacare, is now referring to it as a “coming train wreck”.

Baucus has announced he will not to seek re-election in 2014, perhaps to avoid the inevitable embarrassment of this pending disaster.

He’s not alone in his concern. The prospect that too few Americans will enroll in the program, thus rendering it unfeasible, has the administration fearful that Baucus is right -- it may actually end up derailed. These enrollment fears have prompted the creation of dubious non-profit organizations to promote Obamacare. Enroll America and Organizing for Action are tax-exempt organizations, led by former Obama campaign operatives, which plan to spend tens of millions of dollars pitching Obamacare enrollment. Their funding primarily comes from special interests and healthcare related corporations who stand to profit from Obamacare.

Success or failure of Obamacare depends on the administration’s ability to sign up a large portion of the 50 million Americans currently without health insurance. One group that is particularly vital to Obamacare’s success are young adults, ages 18 to 35, who will pay more into the system than what they will take out in healthcare benefits. Private health insurance companies have long-attempted to enroll young, healthy Americans to offset the costs of care for the elderly -- but it’s proven to be a near impossible task. Many young people simply choose to avoid the burden of monthly expenses for healthcare policies they don’t believe are necessary. If this demographic was a tough sell for private insurance companies before Obamacare, it will be even more difficult now. A survey of insurers, conducted by the American Action Forum, reveals that a health insurance policy for a 27-year-old male nonsmoker will be 190 percent higher under Obamacare.

Obamacare is now relying on a simple math equation. By 2016, the Administration will need 22 million uninsured Americans signed up with new state-based insurance exchanges or the federal government’s program. Enrollment begins on October 1, with a goal of at least 7 million people onboard over the next year. Included in this goal are 2.7 million young adults who aren’t exactly enthusiastic about signing up. Needless to say, it will require a massive public relations and education campaign to get these young people signed up. Congress hasn’t provided Obama with the funding to make this happen but that’s not stopping the Administration from finding other methods to achieve its goals.

Investigation reveals IRS still badgering conservatives

'We have irrefutable evidence of clients whose 1st Amendment rights trampled'

Newsmax Exclusive
irs-2As Congress investigates the Internal Revenue Service for targeting and badgering conservative groups seeking tax-status designations, and even attacking conservative groups that already had their status letters, Americans can be confident such activity has halted, right?

A new report from the Thomas More Society reveals that the organization has submitted additional information to U.S. Rep. Aaron Schock, R-Ill., who is on the House Committee on Ways and Means, detailing continuing targeting by the IRS.

The organization’s report, updated Thursday, explains its first legal memorandum was submitted on May 16, 2013, reporting “salient details of several legal cases handled by Thomas More Society which indicate that the harassment of ‘conservative’ non-profit organizations by the Internal Revenue Service … extends well beyond ‘tea party’ and ‘patriot’ groups and includes ‘pro-life’ or ‘anti-abortion’ groups…”

“Since the IRS scandal became public, Thomas More Society has been contacted by numerous other groups seeking legal counsel relating to IRS harassment. This supplemental memorandum addresses three (3) new matters which provide further evidence of illegal, unconstitutional, viewpoint-based IRS harassment of pro-life organizations.”

Explained the legal team, “These new cases also illustrate that harassment has been continuing through the present date. The Society is even now responding to IRS inquiries addressed to its client, Emerald Coast Coalition for Life, which go far beyond the IRS’ purview, and which have delayed issuance of its tax exemption.”

Evidence already has documented that the IRS has inquired of some conservative and Christian organizations about the content of their prayers, and has tried to extract promises regarding support for abortion.

The organization said it has produced more than 250 pages of documentation showing that the federal government still interrogates pro-life groups “beyond the scope of its legal authority, infringing upon these organizations’ First Amendment rights of assembly, free speech and religious liberty.”

“Despite claims to the contrary, the IRS continues to target and harass pro-life and conservative charities, illegally questioning their religious activities and withholding their tax exemptions,” said Peter Breen, vice president and senior counsel of the Thomas More Society. “We have now produced irrefutable evidence of six clients whose First Amendment rights were trampled upon by the IRS because of their position upholding the sanctity of life. Even after public disclosure of this wrongdoing, the Obama administration’s IRS has refused to cease its illegal activity. We will continue to aid Congress in its investigation until those responsible are brought to justice and the IRS is made to respect every American’s constitutional rights.”

Other groups with new claims of harassment are Cherish Life Ministries and LIFE Group.

The society’s report said that evidence involving the pro-life groups, under a president whose advocacy throughout his tenure in the White House has been wholeheartedly in support of even late-term abortion, “reveals blatant bias on the part of the IRS agents assigned to process those applications. Repeatedly these pro-life groups were harassed with questions about time spent in prayer at abortion facilities and told that they must educate and advocate on abortion from both sides of the issue.”

The society report continued, “Two groups were also falsely denied their tax exemption status by IRS agent Mrs. R. Medley who claimed they didn’t qualify under section 501(c)(3) of the IRS Code. All three groups’ tax exemptions were delayed 13-16 months with IRS supervisors, including Lois Lerner, singling out their applications for further review by an ‘exemption organization specialist.’”

The Thomas More Society said it gave information to Schock documenting that at least six different groups “have experienced viewpoint-biased discrimination by the IRS, dating back to 2009 and involving multiple IRS offices and agents, including those in El Monte, California; Chicago, Illinois; and Cincinnati, Ohio.”

Iran's new "moderate" president: "The Zionist regime has been a wound on the body of the Islamic world for years and the wound should be removed"

From Jihad Watch / Posted by Robert Spencer

His official website edited out the part about how the wound should be removed. Remember: Muhammad, the prophet of Islam. said: "War is deceit."

"Iran's new president calls Israel an 'old wound,'" by Nasser Karimi for the Associated Press, August 2 (thanks to Block Ness):
TEHRAN, Iran (AP) - Ahead of his inauguration, Iran's new president on Friday called Israel an "old wound" that should be removed, while tens of thousands of Iranians marched in support of Muslim claims to the holy city of Jerusalem. 
Hasan Rouhani's remarks about Israel - which Iran considers to be its archenemy - echoed longstanding views of other Iranian leaders and could tarnish his image in the West as a voice of moderation in Iranian affairs.
But no Iranian leader is likely to diverge from Iran's longstanding denunciations of Israel and the remarks are not necessary evidence that Rouhani would roll back his support for calmer relations with the West, including possible one-on-one dialogue with Washington.
"The Zionist regime has been a wound on the body of the Islamic world for years and the wound should be removed," Rouhani was quoted as saying by the semi-official ISNA news agency.
The president-elect also expressed doubts about the possibility of an Israeli-Palestinian peace deal even as the two sides resumed negotiations in Washington this week, ending a five-year freeze in Mideast talks.
"Israelis show a compromising face to the world but continue their expansionism in practice," Rouhani said according to Fars, another semi-official news agency.
However, Rouhani's official website later Friday published somewhat different comments, citing him only as saying that "the occupation of Palestine and Jerusalem ... is a wound on the body of the Islamic world," without any direct reference to Israel or saying that this wound should be removed.
The two versions of his comments could not immediately be reconciled....

As Expected, Obama Has It All Wrong
by / Personal Liberty Digest

As Expected, Obama Has It All Wrong
Barack Obama, the undocumented usurper currently defiling the people’s House, spoke for 67 minutes last Wednesday outlining his latest pivot — the 19th by some counts — to jobs and the economy. He indicated with his policy pronouncements that he intends to perpetuate the current misery through the end of his term, and further destroy the middle class.

Since February 2009, 9.5 million people have dropped out of the workforce. As reports, that means that 1.3 Americans have dropped out of the workforce for every job the regime claims it has created.

“We’ve created over 7.2 million private sector jobs,” Presidential spokespuppet Jay Carney claimed at a recent press briefing. The regime’s propagandists in the mainstream media didn’t correct Carney on one important point. Government does not create jobs without killing a job or jobs somewhere else.

Government creates nothing but misery and heartache. For to “create” a job, government has to steal money from someone in the private sector — either through inflation (money printing) or taxation — and give it to someone else.

Irrationally exuberant government “stimulus” spending began under George W. Bush’s regime as he sought to “save the free market system” by “abandon[ing] free market principles.” But almost five years and trillions of dollars later, here’s what we have:
  • Almost 90 million Americans not working.
  • 15 million more Americans on food stamps today than in January 2009. That’s two Americans on food stamps for every job “created” by the regime.
  • Almost 11 million Americans receiving disability payments — 1.6 million more than in February 2009.
    American has fallen to No. 27 in middle-class wealth.
  • Real occupational wages are down almost 3 percent.
  • Thanks to the threat of Obamacare, most new jobs being “created” are part-time jobs. American is becoming a part-time society.
In his speech, Obama decried the growing inequality between the haves and have-nots.

“This growing inequality, it’s not just morally wrong, it’s bad economics,” he said.

“Because when middle-class families have less to spend, guess what? Businesses have fewer consumers. When wealth concentrates at the very top, it can inflate unstable bubbles that threaten the economy. When the rungs on the ladder of opportunity grow farther and farther apart, it undermines the very essence of America, that idea that if you work hard, you can make it here.”

This statement demonstrates either Obama is profoundly ignorant of economic theory or he’s deliberately misrepresenting the business cycle to Americans. But none of his policy proposals — he promised to invest billions of dollars to build new infrastructure, improve education, create jobs programs and increase the minimum wage — have historically done anything to improve the economy. In fact, they have been shown to have deleterious effects. And all require a redistribution of wealth to accomplish.

Americans are already overtaxed. There is no more blood to be squeezed form the turnip. That’s not to say that Obama won’t propose more taxes to “pay” for his new policies.

The government/banker system is wide open, devaluing the dollar with the unlimited printing of money. This is economic war, pure and simple; and Americans don’t seem to care one way or the other.

When the money printers print bales of paper money, the dollars already in circulation become worthless. Anybody should understand this debauching of the currency translates to widespread impoverishment. Those who have now will soon be have-nots. No politician or government bureaucrat will reveal this to the American people.

Money printing is a gangrenous rot on society that steals wealth slowly but surely, as gangrene steals life from the patient. But the Federal Reserve is locked into a policy of quantitative easing to infinity.

Any hint that the Fed is going to back off the money printing sends the market into convulsions.

But quantitative easing is as much responsible for the current economic malaise as the stimulus spending.

In his book When the Money Runs Out, Stephen D. King, chief economist of HSBC Holdings, writes:
The benefits of QE have a nasty habit of being channeled to precisely those parts of the economy that are unlikely to respond in a positive way. If, for example, lowering bond yields leads to a rally in stock prices, it will be easier for big, blue-chip companies to raise funds.
Small and medium-sized companies that have little or no access to capital markets and, instead, remain dependent on bank lending, have however derived little or no benefit.
The elected class loves the illusion of wealth created by money printing. A propped-up market is often cited as evidence of a growing economy. But it is merely an illusion, a bubble ripe for bursting.

The elected class loves the illusion of action created by wealth redistribution and “investment” in their pet industries and crony projects.

But neither of these “policies” benefits the middle class. They continue to get squeezed in the vise of taxation and inflation, their wealth pilfered from day by day.
Cowering before the enemy thanks to Obama
By: Diane Sori 
“…al-Qaeda…a global international terrorist network…that, despite setbacks, contests for territory abroad and still poses a threat to U.S. interests both overseas and at home.” -Thomas Joscely, Scholar at the Foundation for Defense of Democracies
But didn’t Obama say al-Qaeda was finished and on the run…wasn’t the May 2011 take down of Osama bin Laden, followed by the elimination of other al-Qaeda leaders the end of al-Qaeda…Obama told us it was…he told us they were NO longer a threat…but…but why would our president lie to ‘We the People’…I think we all know the answer to that one.

And now our president (gag) is showing weakness to and fear of al-Qaeda as he dishonors our country yet again by having our embassies in certain Middle East and North African countries (countries…more like cesspools) shut down due to an ‘unspecified’ internet threat made against American interests by the very ones he said were finished and on the run.

Shut down and hide…America NEVER hid from threats before Barack HUSSEIN Obama became president… America always stood her ground and fought back against those who threatened her…but it seems now America has been forced to cower in fear before an enemy on whose side our president aligns himself with.

So this upcoming Sunday…and in some cases in the days before and in some cases continuing in the days after…21 American embassies and consulates in 18 countries (Afghanistan, Algeria, Bahrain, Bangladesh, Djibouti, Dubai, Egypt, Iraq, Jordan, Kuwait, Libya, Mauritania, Oman, Qatar, Saudi Arabia, Sudan, the United Arab Emirates, and Yemen), will be shut down.

Shut down as the State Department claims they’re taking this action out of an “abundance of caution” and because said threat was NOT made against a specific target, therefore to be safe a “broad and general alert” needed to be issued…an alert that including adding in a worldwide travel alert to all Americans effective through the end of August...just for good measure (this actually means NOTHING as Americans have been told to be on alert since 9/11).

And as true as all that might be, and as much as we all want our embassy personnel to be safe, what the State Department is NOT telling ‘We the People’ is that this precaution, while a good thing as far as it goes (especially after Benghazi), is NOT the entire truth for these embassies…symbolic targets for attacks against America…are really being shut down because of a lack of protection against attacks NO matter what this administration says to the contrary.

Remember, under the Obama administration our defense budget is being cut while monies for freebies and hand-outs are being increased. And while the House Foreign Affairs Committee did pass a bill this past Thursday offering $4.83 billion for additional embassy security, that's just NOT enough considering we have 294 embassies and consulates worldwide…and in today’s day and age of the muslim terrorist, they all need additional protection.

Also, shutting down our embassies because of ‘unspecified’ bloviations by the enemy and then telling the enemy what we're doing and on what day we're doing it (this way they can plan and either attack before or after the announced shut down) is paramount to ‘aiding and abetting the enemy’ in my book.

And by announcing our plans instead of just quietly doing what needs to be done is just like when this miserable excuse of a president announced to the enemy our timetable for withdrawing from Iraq and Afghanistan. Announced it so the enemy could plan accordingly…just as they are doing now.

And the truth remains that all this shutting down is because our embassies and their personnel remain unprotected and are so NOT safe. But here’s a solution…one I’m sure Obama would find unacceptable but perhaps our military wouldn’t…and that is to take our remaining troops in the area…roughly 60,000 of them…and have them redeploy to guard our embassies…guard them but with orders to ‘shoot to kill’ anyone acting suspiciously or approaching when they shouldn’t be.

And collateral damage be damned for just seeing well-armed American troops guarding our embassies (NO more muslims guards...ever) armed with real bullets and NOT with ‘Hillary approved’ rubber bullets…troops who are NOT afraid to do what they were trained to do…just might send a message to the enemy that America won’t take this garbage from these muslim (yeah I said muslim) terrorists anymore.

And if those said country’s governments along with their radical America-hating mullahs don’t like this then NOT one cent in aid…humanitarian or otherwise…will be give to their country …NOT one bloody cent, period.

It’s time we stand strong and show these bast*rds who the boss is, and shutting down our embassies in fear is just NOT the way to do it, but then again when America’s enemies are Barack HUSSEIN Obama’s allies and friends it sadly seems our backs are to the wall.