Monthly Archives: August 2012

High jobless rates persist in NC, Greensboro News Record, August 25, 2012, Guilford county 5.3 percent when Democrats took congress 10.2 percent now

High jobless rates persist in NC, Greensboro News Record, August 25, 2012, Guilford county 5.3 percent when Democrats took congress 10.2 percent now

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“North Carolina currently has the fourth-highest unemployment rate in the country and has stayed well above the national average through 2012.”…WRAL, August 17, 2012

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

Are there 2 versions of the Greensboro News & Record?

One in print with the facts for the older generations and one watered down for the younger folks on the internet. One designed to protect Obama?

The print edition, to my surprise and delight, has for months been presenting the truth about the economy and Jobs in NC.

From the front page top of the Print edition of the Greensboro News & Record August 25, 2012.

“High jobless rates persist in N.C.”

“Unemployment rates dropped or remained the same in most of North carolina in July, but joblessness remains high throughout the state.

In Guilford County, the unemployment rate fell by 1.3 percentage points to 10.2 percent in July, compared with 11.5 percent in July 2011.”

“But while more people now have jobs, analysts say local labor market conditions are still in distress. John Quinterno, a principal with South by North Strategies, an economic and social policy research firm, siad the labor market still isn’t generating enough jobs for all of the people who need them.”
“Is it an improvement to what it was when it was 11 percent? Yes…but it still doesn’t take away that there’s still a 10 percent unemployment rate, which is extraordinary,” Quinterno said.”

“Consider this: The unemployment rate in Guilford County was at 5.3 percent in July 2007. It hit it’s highest level—11.8 percent—in July 2009 during the height of the recesion.”

Guilford County had a  5.3 percent unemployment rate when the Democrats took control of congress in 2007.

From the internet version of the Greensboro News & Record August 24, 2012.

“Local unemployment decreases”

“Unemployment in Guilford County fell by 1.3 percentage points to 10.2 percent in July compared with 11.5 percent in July of 2011.

The Greensboro-High Point metro area, which covers employees in both cities, also fell to 10.2 percent in July from 11.5 percent in July 2011.

The state overall reported good news compared with this time last year, according to a news release from the N.C. Department of Commerce – Labor and Economic Analysis Division.

“Rates either dropped or remained the same in most of North Carolina in July,” said N.C. Department of Commerce Deputy Secretary Dale Carroll. “Compared to the same time last year, nearly all of the state’s counties have a lower unemployment rate.”

North Carolina had 34 counties that were at or below the state’s not seasonally adjusted unemployment rate of 9.8
percent. Unemployment rates decreased in eight of the state’s 14 Metropolitan Statistical Areas.

The rate increased in two and stayed the same in four.

The number of workers employed (not seasonally adjusted) increased in July by 12,968 to 4,249,084, while those unemployed fell 1,362 to 462,255.

Since July 2011, the number of workers unemployed decreased 50,996, while those employed increased 60,772.

Currituck County had the state’s lowest unemployment rate in July at 4.7 percent, and Scotland County had the highest unemployment rate at 17.6 percent.”

http://www.news-record.com/content/2012/08/24/article/local_unemployment_decreases

From Citizen Wells August 24, 2012.

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.8 percent in July. This was a 0.1 of a percentage-point decrease from June’s revised rate of 9.9 percent, and a 1.1 percentage-point decrease over the year.

Over the month, the unemployment rate decreased in 47 counties, increased in 26 and remained the same in 27. Thirty-four counties had unemployment rates below the state’s 9.8 percent rate.

Scotland County recorded July’s highest unemployment rate at 17.6 percent, remaining the same as the previous month. Graham County had the second-highest rate at 15.2 percent. Currituck County had the lowest unemployment rate at 4.7 percent, followed by Chatham, 7.0 percent; and Orange, 7.1 percent.”

“Mecklenburg County, the home of the 2012 Democrat convention in Charlotte, has an unemployment rate of 10 percent.”

https://citizenwells.wordpress.com/2012/08/24/us-unemployment-claims-rise-4000-nc-unemployment-rate-9-8-percent-unemployment-rate-increased-in-26-nc-counties-charlotte-mecklenburg-rate-10-percent/

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US unemployment claims rise 4000, NC unemployment rate 9.8 percent, Unemployment rate increased in 26 NC counties, Charlotte Mecklenburg rate 10 percent

US unemployment claims rise 4000, NC unemployment rate 9.8 percent, Unemployment rate increased in 26 NC counties, Charlotte Mecklenburg rate 10 percent

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“North Carolina currently has the fourth-highest unemployment rate in the country and has stayed well above the national average through 2012.”…WRAL, August 17, 2012

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

From the US Labor Department August  23, 2012.

“In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 4,000 from the previous week’s revised figure of 368,000. The 4-week moving average was 368,000, an increase of 3,750 from the previous week’s revised average of 364,250.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending August 11, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending August 11, was 3,317,000, an increase of 4,000 from the preceding week’s revised level of 3,313,000. The 4-week moving average was 3,311,500, an increase of 6,500 from the preceding week’s revised average of 3,305,000.”

http://www.dol.gov/opa/media/press/eta/ui/current.htm

From the NC Department of Commerce August 24, 2012.

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.8 percent in July. This was a 0.1 of a percentage-point decrease from June’s revised rate of 9.9 percent, and a 1.1 percentage-point decrease over the year.

Over the month, the unemployment rate decreased in 47 counties, increased in 26 and remained the same in 27. Thirty-four counties had unemployment rates below the state’s 9.8 percent rate.

Scotland County recorded July’s highest unemployment rate at 17.6 percent, remaining the same as the previous month. Graham County had the second-highest rate at 15.2 percent. Currituck County had the lowest unemployment rate at 4.7 percent, followed by Chatham, 7.0 percent; and Orange, 7.1 percent.”

http://www.ncesc1.com/PMI/Rates/PressReleases/County/NR_July2012CountyRate_M.pdf

Mecklenburg County, the home of the 2012 Democrat convention in Charlotte, has an unemployment rate of 10 percent.

Obama Justice Department delays Blagojevich appeal, Blagojevich arrest delayed years and past 2008 election, Judge Zagel and or USDOJ personnel in cahoots?

Obama Justice Department delays Blagojevich appeal, Blagojevich arrest delayed years and past 2008 election, Judge Zagel and or USDOJ personnel in cahoots?

“Why wasn’t Rod Blagojevich, Governor of IL, prosecuted before Tony Rezko, a businessman?”…Citizen Wells

“Why did Patrick Fitzgerald and the US Justice Department wait until December 2008 to arrest Rod Blagojevich?”…Citizen Wells

“I believe I’m more pristine on Rezko than him.”…Rod Blagojevich

Am I another Edgar Cayce. The answer is no. So how did I accurately predict what would happen with the Blagojevich appeal process?

The answer is simple.

I have been paying attention and the conclusion I arrived at was highly predictable.

The Obama Justice Department continues to protect Obama.

The arrest of Blagojevich was delayed years and took place after the 2008 election.

The Blagojevich appeal will drag on past the 2012 election process.

From Citizen Wells December  21, 2011.

“Blagojevich attorneys begin appeals process”

“Attorneys for Rod Blagojevich have formally begun the process of appealing the former Illinois governor’s conviction and prison sentence.

They did so in a court filing late Tuesday, notifying the U.S. District Court in Chicago that they intended to appeal to a higher court.

Blagojevich has been ordered to report to prison on March 15. The 55-year-old was convicted earlier this year of corruption charges that included allegations that he tried to sell or trade an appointment to President Barack Obama’s vacated Senate seat for campaign cash or a top job.

Attorneys had said they planned to appeal.

However, the process of filing a full appeal is likely to drag on for several weeks or even months. After notification, transcripts and other documents are typically transferred to the higher court.”

https://citizenwells.wordpress.com/2011/12/21/blagojevich-appeal-process-begins-court-filing-december-20-2011-blagojevich-prison-sentence-begins-march-15/

From Citizen Wells July 19, 2011.

“We await the appeal of Rod Blagojevich. He was convicted of most counts remaining after counts 1,2 and 4 were removed by the Justice Department. You know, the Justice Department headed by liar and Obama buddy Eric Holder. As reported here yesterday, denying the motion from the Blagojevich defense team to unseal recorded conversations that were wiretapped, appears to be a huge argument to support the appeal and possibly part of the setup. The question is, was Blagojevich picked as the fall guy or will he end up with a slap on the wrist?”

“Regardless of how this plays out, it benefits Obama. If there is no appeal or the appeal is denied, Blagojevich will be sequestered. If the appeal proceeds, it could drag out beyond impacting the 2012 election cycle. The intent is obvious.”

https://citizenwells.wordpress.com/tag/blagojevich-appeal-strategy-will-reveal-more-about-setup/

From Citizen Wells August 7, 2012.

“You have read it here at Citizen Wells for some time. The delays in prosecuting Rod Blagojevich were designed to protect Obama. You also read here that the appeal process for Blagojevich would drag on past the election. We now have more proof.”

It’s been almost eight months since Blagojevich was sentenced on Dec. 7, 2011. His attorneys discussed how they’d appeal six days after that.

“Well there’s a tremendous amount of work to do now, we need to read through all the transcripts,” defense attorney Lauren Kaeseberg said. “There’s two trials, there’s a significant amount of work.”

“But FOX Chicago News learned that since then, that first key step toward an appeal – getting the 16,000 pages of transcripts – has not yet been accomplished.

“They have to file briefs. The briefs have to be based on alleged errors that occurred in the course of the trial,” Kent College of Law professor Richard Kling said. “Those errors, if they occurred, are reflected in the transcript.”

The 7th Circuit Court of Appeals recently warned Kaeseberg that she could face monetary or disciplinary sanctions if she didn’t explain why the transcripts weren’t done yet.

Kaeseberg responded by producing these emails she had sent to Judge James Zagel’s court reporter, asking for the transcripts.

Finally, about two weeks ago, the court reporter filed her own motion asking for more time, saying she had taken a leave of absence for five and half months and has been swamped with work since her return.

She has now promised to have the transcripts done by late September, with any appellate review not likely for months after then.”

https://citizenwells.wordpress.com/2012/08/07/blagojevich-appeal-delayed-waiting-on-transcripts-court-clerk-5-12-month-leave-of-absence-delays-help-obama-transcripts-of-blagojevich-wiretaps-hurt-obama/

From Fox News Chicago August 7, 2012.

“Patti Blagojevich not happy about Rod’s delayed appeal process: EXCLUSIVE”

“Former Illinois first lady Patti Blagojevich is not happy about delays in the appeals process for her husband, convicted ex-governor Rod Blagojevich.

In an exclusive interview, she told FOX Chicago News that the situation is “incredibly frustrating.”

“I mean, my girls miss their dad, he’s missing their birthday, my daughter had her sixteenth birthday just the other day,” Patti said.

Mrs. Blagojevich said it’s been bugging her for months.

As FOX Chicago revealed Tuesday, even though Rod Blagojevich was convicted last summer and sentenced in December, the transcripts from his two trials have not yet been completed for the appellate court.

“There sure was a rush to get my husband in jail,” Blagojevich wrote to friends on Facebook, “where he now sits waiting for the long overdue transcripts.”

The former Illinois governor reported to prison in March. He’s serving time at the Englewood federal corrections facility outside Denver.

“We’ve been waiting for the transcripts to start the appeal,” Mrs. Blagojevich said. “You can’t start the appeal until your appellate lawyer can review the transcripts.”

Judge James Zagel’s court reporter filed a request for an extension of time three weeks ago. The request informed the appeals court that she had been on a five and half month personal leave of absence, and returned to a mountain of work.

Defense attorney Lauren Kaeseberg told the court that she has made numerous requests for the transcripts over the last year, without success. She even produced emails to prove it.

“For five and half months we’ve been waiting for these transcripts to appear,” Patti said. “Meanwhile, the trials have been over. the first trial’s been over for two years, the second trial’s been over a year.””

http://www.myfoxchicago.com/story/19221111/patti-blagojevich-speaks-for-first-time-since-rods-conviction-exclusive

A video of Larry Yellen, FOX Chicago News Legal Analyst.

http://www.myfoxchicago.com/story/19221111/patti-blagojevich-speaks-for-first-time-since-rods-conviction-exclusive

The video no longer shows up at the link.

However, Larry Yellen,  the FOX Chicago News Legal Analyst states the following:

“Defense lawyers actually faced possible sanctions because they’ve been unable to get the trial transcripts up to the appeals court to start the appeal.
The delays have gone on for months in part because Judge James Zagel’s court reporter took a 5 and 1/2 month leave.”

“The court reporter now has promised to have the transcripts done in about 7 weeks, around September 28.”

“In the George Ryan case he was sentenced on … September and 5 months later they had the transcripts done and they were already doing oral arguments.”

What the Fox News reporter did not tell you is that there are extensive references to procedures in handling appeal case transcripts. The rules are clear.

I can tell you that, based on court rules and procedures, Judge James Zagel carries some of the blame for the delay in the transcripts.

The question is, what was Judge Zagel’s motivation?

Democrat 2012 platform endorses same sex marriage, 2007 DNC party rules put Democrat Party above nation and Constitution, Norman Mattoon Thomas DNC adopted socialist platform

Democrat 2012 platform endorses same sex marriage, 2007 DNC party rules put Democrat Party above nation and Constitution, Norman Mattoon Thomas DNC adopted socialist platform

“It is presumed that the delegates to the Democratic National Convention, when certified pursuant to the Call, are bona fide Democrats who are faithful to the interests, welfare and success of the Democratic Party of the United States”…Rules for 2008 DNC Convention and Electors

“The term “presidential candidate” herein shall mean any person who, as determined by the National Chairperson of the Democratic National Committee, has accrued delegates in the nominating process and plans to seek the nomination,….affirmatively demonstrates that he or she is faithful to the interests, welfare and success of the Democratic Party of the United States”…Rules for 2008 DNC Convention and Electors

“In selecting delegates and alternate delegates to the national convention, no state law shall be observed which hinders, abridges, or denies to any citizen of the United States, eligible under the Constitution of the United States to hold the office of President of the United States or Vice President of the United States,”…Rules for 2008 RNC Convention and Electors

From Business Week August 11, 2012.

“Democratic Party Backs Same-Sex Marriage for 2012 Platform”

“Democrats unanimously voted today to endorse same-sex marriage in their party’s platform, the first time a major political party has supported the issue in its statement of policies.

Today’s action at the platform committee meeting in Detroit sends the document for ratification by delegates to next month’s Democratic National Convention in Charlotte, North Carolina. President Barack Obama, a Democrat, said in May that he supports same-sex marriage. Presumptive Republican presidential nominee Mitt Romney doesn’t.

A drafting committee included the same-sex marriage provision in the platform last month. Platform committee members raised no objections.

“The 14th Amendment is very clear — equal protection under the law,” said the platform committee co-chairman, Cory Booker, the mayor of Newark, New Jersey. “We as a party have really embraced the president’s ideas.”

While calling the action “very significant,” Booker told reporters after the committee meeting that the top issue in the presidential campaign would be the economy, not same-sex marriage.

“It may repel some, it may attract others,” he said. “This campaign is not going to turn on gay marriage.”

Immigration Overhaul
The platform also calls for “comprehensive immigration reform,” citing the Dream Act, legislation that would allow children brought to the U.S. by undocumented-immigrant parents to get legal status if they go to college or join the military. Congressional Republicans have blocked the legislation. Obama said June 15 that his administration would no longer deport some young adults brought to the U.S. illegally as children.

Senate Democratic candidates in Arizona, Nevada and New Mexico had asked that Dream Act provisions be part of the party platform.

While the platform promises to “preserve Americans’ Second Amendment right to own and use firearms,” it also says that “the right to own firearms is subject to reasonable regulation,” such as restoring the ban on assault-style weapons and strengthening background checks.

Twelve people were killed and at least 58 were injured on July 20 when a gunman opened fire during a midnight showing of “The Dark Knight Rises” in an Aurora, Colorado, movie theater. Seven people, including the alleged gunman, died in a shooting at a Sikh temple in Oak Creek, Wisconsin, on Aug. 5.

Corporate Donations
The platform also addresses the Supreme Court’s 2010 decision in Citizens United v. Federal Election Commission, which removed restrictions on corporate and union independent expenditures and has led to an increase in campaign spending by outside groups, many of which don’t disclose their donors. The platform calls for “immediate action” to overhaul the campaign finance system, including requiring nonprofit groups running political ads to disclose their contributors.

“You have huge amounts of secret money coming in and changing every level of government,” said Matthew Lesser, a state representative in Connecticut and a member of the platform committee.”

http://www.businessweek.com/news/2012-08-11/democratic-platform-mirrors-obama-and-backs-same-sex-marriage

Obviously no one was surprised.

The 2007 DNC party rules made no mention of adhering to the US Constitution. It did, however, reveal the priority of the Democrat Party.

“II. QUALIFICATIONS OF STATE DELEGATIONS”

“C. It is presumed that the delegates to the Democratic National Convention, when certified pursuant to the Call, are bona fide Democrats who are faithful to the interests, welfare and success of the Democratic Party of the United States, who subscribe to the substance, intent and principles of the Charter and the Bylaws of the Democratic Party of the United States, and who will participate in the Convention in good faith. Therefore, no additional assurances shall be
required of delegates to the Democratic National Convention in the absence of a credentials contest or challenge.”

“VI. PRESIDENTIAL CANDIDATES

The term “presidential candidate” herein shall mean any person who, as determined by the National Chairperson of the Democratic National Committee, has accrued delegates in the nominating process and plans to seek the nomination, has established substantial support for his or her nomination as the
Democratic candidate for the Office of the President of the United States, is a bona fide Democrat whose record of public service, accomplishment, public writings and/or public statements affirmatively demonstrates that he or she is faithful to the interests, welfare and success of the Democratic Party of the
United States, and will participate in the Convention in good faith.”

http://s3.amazonaws.com/apache.3cdn.net/c313170ef991f2ce12_iqm6iyofq.pdf

Obviously no one was surprised.

FROM A 1944 speech by Norman Mattoon Thomas, a leading American Socialist and six time Socialist Party of America Presidential Candidate.

“The American people will never knowingly adopt socialism.
But, under the name of “liberalism”,
they will adopt every fragment of the socialist program,
until one day America will be a socialist nation,
without knowing how it happened.”

“I no longer need to run as a Presidential Candidate for the Socialist Party.
The Democratic Party has adopted our platform.”

https://citizenwells.wordpress.com/2009/05/12/norman-thomas-socialist-party-of-america-leading-american-socialist-liberalism-presidential-candidate-democratic-party-has-adopted-our-platform/
Obviously no one was surprised.

The 2007 Republican Party rules at least state the following constitutional requirement for the presidency.

“In selecting delegates and alternate delegates to the national convention,
no state law shall be observed which hinders, abridges, or denies to any citizen of the United States, eligible under the Constitution of the United States to hold the office of President of the United States or Vice President of the United States, the right or privilege of being a candidate under such state law for the nomination for President of the United States or Vice President of the United States or which authorizes the election of a number of delegates or alternate delegates from any state to the national convention different from that fixed in these rules.”

http://devvy.net/pdf/mar08/2008_Call_FINAL.pdf

I would like to see a reaffirmation of upholding the US Constitution.

Obama Vs Romney, What This Election Means For Investors, Companies do not pay taxes consumers do, Obama taxing and spending has ruined economy

Obama Vs Romney, What This Election Means For Investors, Companies do not pay taxes consumers do, Obama taxing and spending has ruined economy

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. His heart sank as he thought of the enormous power arrayed against him, the ease with which any Party intellectual would overthrow him in debate, the subtle arguments which he would not be able to understand, much less answer. And yet he was in the right! They were wrong and he was right. The obvious, the silly, and the true had got to be defended. Truisms are true, hold on to that! The solid world exists, its laws do not change. Stones are hard, water is wet, objects unsupported fall towards the earth’s centre. With the feeling that he was speaking to O’Brien, and also that he was setting forth an important axiom, he wrote:

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

Here is your assignment:

For all the clueless, Obot, left wing, liberal friends in your sphere of influence.

Explain to them simply that companies, corporations, do not pay taxes. Consumers do.

Explain to them that the profit margin for oil companies is one of the lowest and not guaranteed.

Ask them if they drive a car.

Then ask them if they want to continue driving and eat. Remind them that high gas prices affect the price of many goods and services.

Intelligent people want the oil companies to succeed and make a profit.

From Forbes August 22, 2012.
“Obama Vs. Romney: What This Election Means For Investors”

“Campaign season is in full swing, and by tapping Wisconsin Congressman Paul Ryan as his running mate, Republican candidate Mitt Romney has made clear that his campaign will try to hit President Obama where he appears weakest: on the economy and the need for drastic fiscal reform.

For voters, the tepid recovery and high unemployment rate will be points of focus in the two months and change before Election Day Nov. 6, but for investors of every stripe – from those managing retirement portfolios to amateur stockpickers – there are plenty of differences between the candidates that are worth diving into.

That was what struck Tim Steffen, director of financial planning in Robert W. Baird’s wealth management business, and it’s why he put together a handy guide explaining where each candidate stands on issues ranging from income taxes and health care to just how big a cut Uncle Sam will take out of dividends and capital gains.

The latter points are critical for investors, and Steffen explains that the dividend debate will be particularly interesting to watch. Many investors play the income game by purchasing shares of companies that deliver profits back to shareholders in the form of dividends.

President Barack Obama has proposed raising taxes on dividend income for Americans that make more than $200,000 per year ($250,000 for couples), and keeping the current rates steady (0% on qualified dividends and 15% on carried interest) for those below that threshold.

Republican challenger Mitt Romney would maintain the current rates for those making more than $200,000 annually, and completely eliminate taxes on capital gains, dividends and interest income for any taxpayer with less than that in adjusted gross income.

“Dividends are a big [issue], both on the tax rates and what will happen to companies’ willingness to pay,” Steffen says. If the tax rate changes, some worry fewer companies will follow the lead of those like Apple, which initiated a quarterly dividend this year, or Cisco Systems, which recently hiked its payout by 75%, opting instead to buy back shares. “It’s a concern,” Steffen adds.

He argues that Obama’s plan would increase the cost to all taxpayers on investment income, and triple dividend taxes, but notes that there are likely to be differences between what the president proposes and what ultimately gets through Congress. For instance, the proposal to treat dividends as ordinary income has met resistance in a Senate bill passed that would call to raise such rate to just 20% on higher-income taxpayers, well short of the

While tax issues in the campaign may not be at the fore yet, Steffen believes they will crystallize if no action is taken by a lame duck Congress to extend the Bush tax cuts in some form. Americans will start to see bigger withholdings taken out of their paychecks, he says. “When that happens, people start noticing.”

Corporate taxes are another battleground for Obama and Romney. The President has said that the fat profits of oil giants like Exxon Mobil and Chevron warrant the elimination of subsidies for such companies, and would attempt to lower the overall corporate rate by eliminating many deductions. Romney would seek to drop the corporate rate and cease taxing corporations on income earned overseas, which some argue would eliminate the quandary posed by foreign profits being locked up abroad.”

http://www.forbes.com/sites/steveschaefer/2012/08/22/obama-vs-romney-what-this-election-means-for-investors/

Capital is the engine of this economy and that is mostly money invested by small investors like the little old lady down the street depending on dividends for retirement income.

Raising taxes cripples the economy, as any lucid person has noticed and kills job growth.

Obama has stated:

“And when the price of oil goes up, prices at the pump go up, and so do these companies’ profits,”
“Meanwhile, these companies pay a lower tax rate than most other companies on their investments — partly because we’re giving them billions in tax giveaways every year.”

From Citizen Wells April 3, 2012.

“Let’s begin with profits.

Combined, US oil companies are huge and employ millions of employees. Of course their profits will be large numbers.

Also, we want them to make a profit so that they can keep the gasoline and other petroleum products flowing and people working. If they fail, so does our economy.

And how big are the oil company profits?

Net profit margins:

Oil & Gas Refining & Marketing 3.00 %

Oil & Gas Pipelines 6.00 %

Compare these profit margins to other industries.

http://biz.yahoo.com/p/sum_qpmd.html

What about taxes?

First, the corporate tax rate in the US is near or at the top in the world.

US oil companies pay enormous amounts of taxes. How does this compare to one of Obama’s pay to play buddies GE? Check this out for yourself.

Here is the really important point about raising taxes on oil companies and other companies.

Companies (corporations, LLC’s, partnerships, sole proprietors) do not paytaxes!

Consumers pay for the tax increases.

Taxes are part of the cost of doing business.

A tax increase to a company results in some combination of the following:

Product and service price increases.

Employee and hours cutbacks.

Reduced hiring.

Does any of this sound familiar?

The Obama administration has been responsible for rising gas prices and they are now trying to raise them more.

Of course this has impacted food prices and jobs.

Sound familiar?”

https://citizenwells.wordpress.com/2012/04/03/obama-lies-on-oil-companies-taxes-profits-and-impact-on-consumers-obama-energy-policy-based-on-chicago-pay-to-play-politics-truth-team-notification/

Russia warns West on Syria after Obama threats, Top Chinese diplomat holds strategic talks in Russia, Obama threatens to intervene if chemical weapons used

Russia warns West on Syria after Obama threats, Top Chinese diplomat holds strategic talks in Russia, Obama threatens to intervene if chemical weapons used

” We must stop Saddam from ever again jeopardizing the
stability and security of his neighbors with weapons of mass
destruction.”  “The chemical weapons Saddam has used and the biological weapons we know he has tested pay no attention to borders and nationalities.”   …Madeleine Albright, February 1, 1998

“If diplomacy runs out, we have reserved the right to use
force and if we do so it will be substantial.” … Madeleine Albright, February 1, 1998

On U.S. military involvement in Iraq:
“given Democracy a bad name,”
“U.S. credibility [in the region] could not be lower.”…Madeleine Albright, January 18, 2007

From Reuters August 21, 2012.

“UPDATE 4-Russia warns West on Syria after Obama threats”

“Russian Foreign Minister Sergei Lavrov warned the West on Tuesday against unilateral action on Syria a day after President Barack Obama said U.S. forces could intervene if his Syrian counterpart deployed chemical weapons against rebels trying to topple him.

Lavrov met China’s top diplomat and a Syrian government delegation in what appeared to be a push to keep diplomacy going at a time when fewer Western and Arab governments believe that a U.N.-backed peace plan can end the violence.

Russia and China have opposed military intervention in Syria throughout 17 months of bloodshed and have vetoed three U.N. Security Council resolutions backed by Western and Arab states that would have raised pressure on Damascus to stop bloodshed.

Lavrov spoke at a meeting with China’s State Councillor Dai Bingguo a day after Obama, asked by reporters whether he might deploy forces in Syria under certain conditions, said: “A red line for us is (if) we start seeing a whole bunch of chemical weapons moving around or being utilised.”

Lavrov said at the meeting with Dai that Russia and China base their diplomatic cooperation on “the need to strictly adhere to the norms of international law and the principles contained in the U.N. Charter and not to allow their violation”.

“I think this is the only correct path in today’s conditions,” Lavrov told Dai, who also met President Vladimir Putin and his top security adviser, Nikolai Patrushev, on Monday for consultations that went unannounced by the Kremlin.

Lavrov’s remarks also underscored Moscow’s wish to keep international efforts to end Syria’s crisis within the United Nations, where Russia and China wield clout as two of the five permanent Security Council members with veto power.

Frustrated by the vetoes and by the refusal of Russia and China to join calls for Assad to leave power, the United States and other Western and Arab countries are seeking other ways to exert influence on the situation in Syria.

OBAMA WARNING OVER CHEMICAL WEAPONS

Obama said on Monday he had refrained “at this point” from ordering military engagement in Syria. But when asked whether he might deploy forces, for example to secure Syrian chemical and biological weapons, he said his view could change.

Russia has also expressed concern about Syria’s chemical arsenal, saying it had told Damascus that even the threat to use it was unacceptable.

But Lavrov said on Monday that the Security Council alone could authorise the use of external force against Syria, warning against imposing “democracy by bombs”.

Western officials say that Russia’s vetoes have abetted the Syrian violence by encouraging Assad to pursue an offensive with his Russian-supplied armed forces to crush the popular revolt.

To help counter Assad’s superior firepower, Western powers are giving non-lethal equipment to rebels and Saudi Arabia and Qatar are believed to have funded arms shipments to them. The West has also increased sanctions against Assad’s government.

After the talks with Dai, Lavrov met a Syrian government delegation led by Qadri Jamil, deputy premier for economic affairs, who was in Moscow for the second time this month.

Lavrov said national reconciliation was still viable and the only way to stop bloodshed in Syria regardless of opponents of Damascus domestically and abroad.

“If everyone whom the destiny of Syria and its people depend upon realise their responsibility, there are chances for reconciliation,” Lavrov said. “The chances are far from 100 percent, but they do exist.”

He said a halt to fighting was the way to implement an agreement reached by world powers in June on the need to establish a transitional government.

DIFFERENT INTERPRETATIONS

Russia and the West have differed over what the agreement reached in Geneva meant for Assad, with Lavrov saying it did not imply he should step down and U.S. Secretary of State Hillary Clinton saying it sent a clear message that he must quit.

Jamil told Lavrov that the Syrian government wants national reconciliation and all sides must make compromises but that “external interference … is hindering efforts for Syrians themselves to resolve the problem,” Interfax reported.

Later, he denied foreign military intervention in Syria would be possible because it would lead to a conflict beyond the country’s borders – a possible allusion to Syria’s sectarian divisions having parallels in neighbouring states.

“Direct military intervention in Syria is impossible because whoever thinks about it … is heading towards a confrontation wider than Syria’s borders,” he said. He said Obama’s threat was for media consumption.

Russian leaders have said they are determined to avoid a repeat of what occurred in 2011 in Libya, when Moscow let NATO military operations go ahead by abstaining from Security Council resolution that authorised air operations.

Russian officials then accused the United States and its allies of overstepping their mandate and using it to help rebels overthrow longtime leader Muammar Gaddafi. Putin, prime minister then but now back in official charge of foreign policy, likened the U.N. resolution to “medieval calls for crusades”.

Russia denies that it is propping up Assad and says it would accept his exit in a political transition decided by the Syrian people, but that his departure must not be a precondition and he must not be pushed out by external forces.

China has issued similar warnings to the West.”

http://www.reuters.com/article/2012/08/21/syria-crisis-russia-china-idUSL6E8JL1V520120821

Obama NC college economy in ruins, Tuition up, Healthcare almost doubled, Unemployment up, UNCG and A&T student cancellations, No college & no jobs

Obama NC college economy in ruins, Tuition up, Healthcare almost doubled, Unemployment up, UNCG and A&T student cancellations, No college & no jobs

“The hikes have forced more students to take on extra jobs to pay for school, or drop out altogether.”

“The state mandates that at least 25 percent of the money from the tuition dollars go toward financial aid for needy students. Some board members recently have spoken out about that requirement, saying it essentially calls for students, who themselves may be struggling, to subsidize the education of other students.”…Greensboro News record February 11, 2012

“The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”…Charlotte Observer May 1, 2012

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

Michelle Obama spoke at UNCG a few weeks ago.

“It means all of our kids should be able to go to college without a mountain of debt.”

“Because of this reform, our children can stay on our insurance until they’re 26 years old. (Applause.) So they don’t have to lose their health care when they graduate and they’re out there looking for a job, trying to build their lives.”

“I want you to tell them how many jobs he created. Tell them how much money he’s put back in the pockets of American people. You can tell them that more of our kids can afford college;”

https://citizenwells.wordpress.com/2012/08/02/michelle-obama-uncg-speech-august-1-2012-obama-lies-job-lies-tax-lies-college-tuition-lies-health-care-lies-student-loans-and-records-hidden/

Obama lies versus Obama reality.

From the front page of the Greensboro News & Record August 20, 2012.

“Registration cancellations rising at UNCG, A&T”

“UNCG about two weeks ago canceled the registrations of about 1,300 students because they had yet to pay their tuition bills — the highest number of cancellations since fall 2009, university officials said.

N.C. A&T is also seeing an increase in the number of students facing cancellation. The schools’ officials attribute their numbers to a variety of factors, including tuition increases and cuts and other changes in state and federal financial aid programs.

“Every lost soul is unacceptable to me, and it really hurts when we have to cancel that many registrations,” said Steve Roberson, UNCG dean of undergraduate studies.

By Friday, UNCG had managed to whittle that number to just 500, according to preliminary data.

But administrators are concerned about the large number of students who are having trouble paying this year.

UNCG Vice Provost Alan Boyette said recently that some students ran into problems because they did not apply for financial aid on time, or their financial aid had not yet been packaged. So, he expected that initial number would be reduced.

He said enrollment this year is “really unpredictable.” The university is gauging payments and registration on a near daily basis to get a feel for what the final number will be, he said.

“We think the timing is clearly related to the current economy,” Boyette said of the number of students paying late.

Sarah Carrigan, UNCG director of institutional research, said Friday that UNCG canceled 1,300 student registrations between July 31 and Aug. 8.

That’s an increase of about 500 over last year at that same time, she said.

As of Friday, about 800 of those students had paid to register again, Carrigan said.

A&T has also had a slight increase in the number of students who risk having their registrations canceled, said Akua Matherson, the university interim associate vice chancellor for enrollment management.

As of late Friday afternoon, the university was scheduled to cancel the registrations of 541 students, Matherson said.

That’s a 2.5 percent increase from last year, she said.

Those students had until the close of business Friday to make some kind of arrangement to keep their registration.

Staff from both universities spent much of the summer reaching out to students who were eligible to return to school but had not registered to find out what their problems are and to offer solutions.

More than 80 percent of A&T students qualify for need-based aid. Staff members have talked to families whose financial situations have changed, such as one parent losing a job.

“Some of our students are looking at some real challenges,” Matherson said.

Deborah Tollefson, UNCG financial aid director, has heard similar stories of parents’ stretched incomes.

She said that counselors steer students away from private loans.

Instead, they inform them of such options as federal loans, part-time campus employment and tuition payment plans if they are having trouble paying.

Tollefson said that UNCG has received a lot of late financial aid applications this year. Students who didn’t have to take out loans two or three years ago are now having to but are unfamiliar with the process, she said.

A&T had 10,590 students enrolled as of Wednesday, the first day of classes.

UNCG’s latest enrollment figures showed an enrollment of 17,800. Students there start classes today.”

http://www.news-record.com/content/2012/08/20/article/registration_cancellations_rising_at_uncg_at

With the Obama economic plan we get higher tuition, much higher health care costs and higher unemployment.

From Citizen Wells February 12, 2012.

“Amid chants of protest from about 100 students, the UNC Board of Governors this morning approved President Tom Ross’ proposal for tuition and
fee hikes over the next two years.

Ross’ plan would raise tuition by an average of 8.8 percent across the system and keeps increases below 10 percent on every campus.”

“Today’s vote caps months of intense debate over tuition, which the system has used in recent years to help make up for legislative cuts to its budget. The
hikes have forced more students to take on extra jobs to pay for school, or drop out altogether.”

“The state mandates that at least 25 percent of the money from the tuition dollars go toward financial aid for needy students. Some board members recently have spoken out about that requirement, saying it essentially calls for students, who themselves may be struggling, to subsidize the education of other students.”

https://citizenwells.wordpress.com/2012/02/12/unc-tuition-hikes-university-of-nc-system-raises-tuition-costs-in-dismal-economy-working-students-and-families-pay-others-tuition-income-redistribution-unc-tuition-hikes-university-of-nc-system/

I have met and talked with many college students. Recently a UNCG student, who is struggling to support his family and attend school, confided in me that the recent tuition and health care increases (mandatory health care insurance almost doubled) could force him to leave school.

From Citizen Wells May 2, 2012.

“The UNC system began requiring students to be covered by health insurance in the fall of 2010. Students must either prove that they have their own insurance or buy a plan offered by the UNC system. Before that, 11 campuses required insurance; rates and coverage varied significantly among the schools.

On top of rising tuition and fees, those UNC system students who buy the university-sponsored health insurance plan will face steep premium increases in the next academic year.

The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”

https://citizenwells.wordpress.com/2012/05/02/obama-lies-work-on-unc-students-unc-student-health-care-increase-tuition-increase-high-unemployment-obama-uses-orwellian-language-to-sway-students-occupy-white-house/

From Citizen Wells July 27, 2012.

“Unemployment Rates Increase in 84 Counties in June”

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.9 percent in June. This was a 0.4 of a percentage-point increase from May’s revised rate of 9.5 percent, and a 1.0 percentage-point decrease over the year.

Over the month, the unemployment rate increased in 84 counties, decreased in 11 and remained the same in five. Thirty-nine counties had unemployment rates at or below the state’s 9.9 percent rate.”

“Guilford County, containing both Greensboro and High Point had an increase from 9.6 to 10.3 percent.”

https://citizenwells.wordpress.com/2012/07/27/nc-unemployment-rate-9-9-percent-june-data-unemployment-rates-rose-in-84-of-100-counties-mecklenburg-home-of-democrat-convention-rises-3-percent-to-9-9/

What evidence do we have that Obama had any student loans?