Friday, June 17, 2016

That means we're facing a prolonged period of much slower job creation and painfully anemic economic growth in the middle of a divisive presidential election. In a downbeat assessment of the economy's prospects, the Fed again postponed raising interest rates in the face of weakening economic data.

Under Yellen's leadership, the Fed has been notorious for its exaggerated, and ultimately false, forecasts that the Obama economy was making a comeback, only to see its growth rate decline to alarming levels. That rate shrank to 1.4 percent in last year's fourth quarter, then plummeted to 0.8 percent in the first three months of this year.

And the Fed doesn't expect the Obama economy to do much better over the next two years.

"Yellen also broke out the phrase 'new normal' to explain why central bank officials expect rates and economic growth to remain low through 2018," the CNBC business network reported Thursday. The Fed cut its economic growth forecast Wednesday from 2.2 percent to 2 percent for the year, a failing rate by any measure.

Political Distractions Abound in the Wake of Orlando Shooting                                                                                                 Jonah Goldberg / Townhall Columnist

Political Distractions Abound in the Wake of Orlando Shooting
What a dumb time to be alive.

In a normal country during normal times, the jihadi terrorist shooting in Orlando in which 49 people were murdered in cold blood -- and more than 50 injured -- would be a cause for a serious debate about national security. Instead, it has been taken as an opportunity to light a bonfire of the inanities.

Let's start at the top. President Obama once famously said (more than once, actually), "Don't tell me words don't matter."

Fast-forward to this week, when in a tantrum of biblical proportions, the furious president said ... words don't matter.

Responding to complaints from Donald Trump and others that he won't say the words "radical Islamic terrorism," Obama huffed, "Calling a threat by a different name does not make it go away. This is a political distraction."

Never mind that Obama's passion refuted his own argument. Perhaps he's right that "there is no magic to the phrase 'radical Islam,'" but if that's the case, why the years of stubborn refusal to say it? It's almost like Obama still thinks "words matter" -- he just wants to mock anyone who thinks the "wrong" words matter.

Muslim privilege killed 49 people in Orlando
By Robert Spencer / Jihad Watch


Muslim privilege killed 49 people in Orlando
Check your Muslim privilege: Islamophobia kills. A brilliant article by the great Daniel Greenfield: “Muslim Privilege Killed 49 People in Orlando,” by Daniel Greenfield, FrontPage, June 16, 2016: The deadliest mass shooting in American history happened because of Islamophobia. Islamophobia killed 49 people in Orlando. It didn’t kill 49 Muslims. Instead it allowed Omar Mateen, […]
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Obama’s Homeland Security Advisor is Syrian MIGRANT who CHEERS 9/11, it ‘CHANGED THE WORLD FOR THE GOOD

Pamela Geller  Atlas Shrugs

Not only did this Syrian immigrant cheer 9/11, in April 2013 she told me to “go fuc k yourself” after I called the Boston bombing jihad. This is who Obama assigns to keep us safe. Who is going to keep us safe from this savage?
“Syrian Immigrant Who Said 9/11 ‘Changed The World For Good’ Is A Homeland Security Adviser,” By Peter Hasson, Daily Caller, June 16, 2016:
One of the sitting members on the Homeland Security Advisory Council’s (HSAC) Subcommittee  on Countering Violent Extremism is a 25-year-old immigrant of Syrian heritage who said that the 9/11 attacks “changed the world for good” and has consistently disparaged America, free speech and white people on social media.Laila Alawa was one of just...