Category Archives: Economy

Citizen News, October 26, 2010, Voter fraud, White House insider on Obama behaviour, 99 weeks of unemployment

Citizen News, October 26, 2010, Voter fraud, White House insider on Obama behaviour, 99 weeks of unemployment

From Citizen News

Arizona, Colorado voter fraud

“On Friday it was reported that the Yuma Recorder’s office was checking the 3,000 last minute voter registration forms turned in by the far left Mi Familia Vota organization. The recorder’s office found that already more than 65% of the registrations were invalid due to the registrant not being a citizen, wrong/invalid address, false signature, etc.

Mi Familia Vota is a SEIU sub-organization. It is just as “non-partisan” as ACORN was before documented fraudulent behaviors finally killed it.”

Read more

NC voting machines malfunction in favor of Democrats

“A Craven County voter says he had a near miss at the polls on Thursday when an electronic voting machine completed his straight-party ticket for the opposite of what he intended.

Sam Laughinghouse of New Bern said he pushed the button to vote Republican in all races, but the voting machine screen displayed a ballot with all Democrats checked. He cleared the screen and tried again with the same result, he said. Then he asked for and received help from election staff.

“They pushed it twice and the same thing happened,” Laughinghouse said. “That was four times in a row. The fifth time they pushed it and the Republicans came up and I voted.””

Read more

White House Insider, Obama behaviour shocking.

“I’ll give you an example of why President Obama is not right for America.  He sure as hell has not been right for the party.  Not long ago, the president took a meeting.  He’s late, which apparently is becoming more and more common with him.  The meeting was almost cancelled.  In strolls the president, joking with an aide.  He plops down on a sofa, leans over and claps another guy on the back asking how he’s been.  Apologizes for being late, says he was “held up”.  He laughs some more.  The meeting begins.  After just ten minutes, during which time the president appears to almost totally withdraw into himself,  an aide walks in and whispers something to the president, who then nods and quickly stands up, shakes a few hands and tells another aide to update him later on the rest of the meeting.  As the president is walking out he is laughing at something yet again.  He asked no questions of those at the meeting – not one.  He left after just ten minutes, coming in laughing and leaving laughing.  His behavior during that brief time he was there was described as “borderline manic”.”

Read more

99 weeks of unemployment, Recession worse than depression.

“The economic jam we’re in has topped even the Great Depression in one respect: never have we had a recession this deep with a recovery this flat. Unemployment has been at nine and a half percent or above for 14 months.

Congress did something that it has never done before – it extended unemployment benefits to 99 weeks. That cost more than $100 billion, a huge expense for a government in debt.

But now, for many Americans 99 weeks have passed and there’s still no job in sight. Some have taken to calling themselves the “99ers.””

Read more

Taxes, Unemployment, Businesses don’t pay taxes people do, Citizen Wells open thread, October 18, 2010

Taxes, Unemployment, Businesses don’t pay taxes people do, Citizen Wells open thread, October 18, 2010

The far left, in ignorance, or as part of their agenda of the end justifies the means, perpetually bashes business and the so called fat cats. They believe that anyone making more money than they should pay more taxes. They believe that corporations are evil.

Here is the truth about taxing business and increased business expenses.
Rush Limbaugh, for many years has done an excellent job of explaining the impact of tax increases on American business and ultimately the American public. He explains that corporations do not pay taxes. This also includes non corporations, all business entities. This is the huge message that you never hear from the left, the business bashers. We already have a seious unemployment situation due to Obama and his far left socialists. I am concerned that tax hikes or hidden cost increases that will begin kicking in 2011, coupled with out of control government spending , will take us over the edge. Our new Congress will have to work fast to deactivate the tax and spend Health Care Legislation, cut taxes and provide a more business and jobs friendly envioronment.
 

Businesses ultimately do not pay taxes. Taxes become part of the cost of doing business. They are passed on to consumers and impact employment and the overall econo. When a business incurrs higher taxes or other increased costs, some combination of the following occurs:

  • The increased costs are passed along to consumers. This could be a local family run dairy farm. The cost increases are reflected in higher milk prices. When higher inheritance taxes are in effect, the children of the dairy farmers could be forced to shut down. That would, of course, diminish supply.
  • The increased costs prevent more hiring from occuring. The spectre of tax increases is causing that now.
  • The increased costs can lead to layoffs and schedule decreases. Our high unemployment rate is witness to that.
  • The increased costs can lead to pay freezes and pay cuts.
  • The increased costs prevent bussinesses from spending money on expansion and new technology, futher putting a damper on the economy.

And don’t forget, people with money start businesses. Questions they must ask are is it feasible, will it make money and where do I locate. Taxes always influnce those decisions.

So when you are encountered by a brain dead, far left sheeple, educate them on higher taxes and business bashing.

Unemployment facts, Bush tax cuts, Democrat Congress is problem, Socialist President and Congress bigger problem, Citizen Wells open thread, August 25, 2010

Unemployment facts, Bush tax cuts, Democrat Congress is problem, Socialist President and Congress bigger problem

The Bush Tax Cuts were enacted in 2003 with a Republican president and Congress. The Democrats took control of Congress in 2006. Many lies about the economy and unemployment rate have been told, including consistently by Obama. These numbers do not lie.

Historical unemployment rates
Dec-2002 6.0% 
Jan-2003 5.8%  
Feb-2003 5.9%  
Mar-2003 5.9%  
Apr-2003 6.0%  
May-2003 6.1%  
Jun-2003 6.3%  
Jul-2003 6.2%  
Aug-2003 6.1%  
Sep-2003 6.1%  
Oct-2003 6.0%  
Nov-2003 5.8%  
Dec-2003 5.7%  
Jan-2004 5.7%  
Feb-2004 5.6%  
Mar-2004 5.8%  
Apr-2004 5.6%  
May-2004 5.6%  
Jun-2004 5.6%  
Jul-2004 5.5%  
Aug-2004 5.4%  
Sep-2004 5.4%  
Oct-2004 5.5%  
Nov-2004 5.4%  
Dec-2004 5.4%  
Jan-2005 5.3%  
Feb-2005 5.4%  
Mar-2005 5.2%  
Apr-2005 5.2%  
May-2005 5.1%  
Jun-2005 5.0%  
Jul-2005 5.0%  
Aug-2005 4.9%  
Sep-2005 5.0%  
Oct-2005 5.0%  
Nov-2005 5.0%  
Dec-2005 4.9%  
Jan-2006 4.7%  
Feb-2006 4.8%  
Mar-2006 4.7%  
Apr-2006 4.7%  
May-2006 4.6%  
Jun-2006 4.6%  
Jul-2006 4.7%  
Aug-2006 4.7%  
Sep-2006 4.5%  
Oct-2006 4.4%  
Nov-2006 4.5%  
Dec-2006 4.4%  
Jan-2007 4.6%  
Feb-2007 4.5%  
Mar-2007 4.4%  
Apr-2007 4.5%  
May-2007 4.4%  
Jun-2007 4.6%  
Jul-2007 4.6%  
Aug-2007 4.6%  
Sep-2007 4.7%  
Oct-2007 4.7%  
Nov-2007 4.7%  
Dec-2007 5.0%  
Jan-2008 5.0%  
Feb-2008 4.8%  
Mar-2008 5.1%  
Apr-2008 5.0%  
May-2008 5.4%  
Jun-2008 5.5%  
Jul-2008 5.8%  
Aug-2008 6.1%  
Sep-2008 6.2%  
Oct-2008 6.6%  
Nov-2008 6.9%  
Dec-2008 7.4%

Citizen Wells open thread, August 15, 2010, Obama, Blagojevich, Eligibility, Economy, Congress

Citizen Wells open thread, August 15, 2010

As you may have guessed, I have been on the road. The next few months should be interesting. Take your pick.

Blagojevich verdict.

Obama eligibility in the forefront with LTC Terry Lakin court martial.

Economy.

Continued Globe articles on Obama.

Congressional elections.

Jobless claims, Jobs created, Jobs lost, Stuart Varney, Fox News, Obama administration Orwellian lies

Jobless claims, Jobs created, Jobs lost, Stuart Varney, Fox News

“The past is whatever the records and the memories agree upon.
And since the party is in full control of all records, and in
equally full control of the minds of it’s members, it follows
that the past is whatever the party chooses to make it. Six
means eighteen, two plus two equals five, war is peace,
freedom is slavery, ignorance is strength.”…George Orwell, “1984”

The Jobless Claims report was just announced this morning, July 15, 2010. Stuart Varney was just on Fox News speaking about the lies being told by the Obama Administration about jobs created. Varney, as always, cut through the Orwellian crap. Here is a recent video of Varney at work.

From the US Labor Department Jobless Claims Report.

“In the week ending July 10, the advance figure for seasonally adjusted initial claims was 429,000, a decrease of 29,000 from the previous week’s revised figure of 458,000. The 4-week moving average was 455,250, a decrease of 11,750 from the previous week’s revised average of 467,000.”

“The advance number for seasonally adjusted insured unemployment during the week ending July 3 was 4,681,000, an increase of 247,000 from the preceding week’s revised level of 4,434,000. The 4-week moving average was 4,581,250, an increase of 22,000 from the preceding week’s revised average of 4,559,250. ”

Read more:

https://citizenwells.com/2010/07/15/july-15-2010-jobless-claims-initial-claims-429000-decrease-of-29000-seasonally-adjusted-insured-unemployment-4681000/

Anybody else see a problem with those numbers above?

Hustler in chief, Unemployment rate, Illegal aliens, Economy, Citizen Wells open thread, July 3, 2010

Hustler in chief, Unemployment rate, Illegal aliens, Economy

I suppose you all heard the Hustler in chief speak of the 9.5 % unemployment rate in somewhat glowing terms as improvement. When I heard life long Democrat, civil rights attorney, Bartle Bull refer to Obama as a hustler it resonated with me. I had been refering to Obama for many months as being “street smart.”

Wiretap from Rod Blagojevich trial.
DATE: 11/10/2008
 
TIME:  9:07 A.M.
 
ACTIVITY: Rod Blagojevich home line conference call
 
SESSION:  451

BLAGOJEVICH “Now Patti works. She’s very good at what she does. She’s as qualified as Michelle Obama, if not more qualified. Michelle Obama is getting sixty five grand a year for you know, what was it, Tree House Foods, Patti?”
 
 
QUINLAN “Tree House Foods is what she was on.”
 
P. BLAGOJEVICH “Tree House.”
 
BLAGOJEVICH “Yeah and she’s making 0 grand over at the University of Chicago.”
 
 
BLAGOJEVICH “…where her fath-, her husband’s federal months, federal funds are going there? What?”
 
P. BLAGOJEVICH “Yeah, which of course went up as soon as he got elected to Senate and he was able to get federal funding to University of Chicago. Get this, I think the most…”

Arizona, Hillary Clinton, Blagojevich trial, Usurper in White House, National Park closed, Citizen Wells open thread, June 18, 2010

Well, they certainly have the diversions and chaos that they desired.

A snippet from the Blagojevich trial yesterday.

“In 2008, Ata’s testimony helped prosecutors secure the conviction of Blagojevich insider Antoin “Tony” Rezko. On Thursday, Ata covered much of the same ground.

He again told of a plot to get U.S. Attorney Patrick Fitzgerald fired, and of how Blagojevich discussed a state post with him while an envelope containing a $25,000 check Ata had written sat before the governor.

But his testimony was overshadowed by clashes between Adam and Zagel.

At one point, Adam was almost shouting at Ata over the connection he had drawn between his donations to Blagojevich and his position with the Illinois Finance Authority.

“It was not a job for money,” Adam exclaimed.

Zagel cut Adam off. “It’s a nice argument and feel free to make it in closing arguments,” Zagel said. “But it’s not a question.”

Lawyers often try to send messages to jurors with questions they know the witness will never be allowed to answer, and Adam plowed forward. He argued with Ata over details of a different state post that he thought he had landed, but did not. Ata insisted he had technically been given the job in exchange for campaign checks, and that the governor knew it.

“Did you have an office?” Adam asked after multiple objections. When the judge sustained yet another government objection, Adam had a look of astonishment.

“I know you look shocked, but the truth is I don’t think you are shocked,” Zagel said, making clear to everyone in the courtroom that he was aware of the gamesmanship unfolding in front of him.

One line of questioning by Adam led Zagel to send the jury out of the room. Ata, an emigrant from Jordan who worked at a chemical firm for 25 years, said he believed he was forced into early retirement after the FBI visited him at his workplace while investigating one of the Sept. 11, 2001, hijackers, Mohamed Atta.

Adam said he wasn’t trying to get too close to a sensitive topic. “Yes, you are; don’t do it,” Zagel said sternly before clearing the jury box and delivering another lecture.”

Read more:

http://www.chicagobreakingnews.com/2010/06/judge-defense-attorney-clash-at-blagojevich-trial.html

Speaking of Arizona, I side with the state of AZ and would be willing to travel there and stand side by side with them in whatever means is necessary to repel the intrusion of the Federal Government.

Once again the government is protecting criminals and going after decent citizens. Enough is enough.

Jobless claims rise, Unemployment rate, Real truth about economy, College graduates and summer jobs

Jobless claims rise, Unemployment rate, Real truth about economy

“Winston dialed “back numbers” on the telescreen and called
for the appropriate issues of the Times, which slid out of
the pneumatic tube after only a few minutes’ delay.  The
messages he had received referred to articles or news items
which for one reason or another it was thought necessary to
alter, or, as the official phrase had it, to rectify.  For
example, it appeared from the Times of the seventeenth of
March that Big Brother, in his speech of the previous day,
had predicted that the South Indian front would remain quiet
but that a Eurasian offensive would shortly be launched in
North Africa.  As it happened, the Eurasian Higher Command
had launched its offensive in South India and left North
Africa alone.  It was therefore necessary to rewrite a
paragraph of Big Brother’s speech in such a way as to make
him predict the thing that had actually happened.”…George Orwell, “1984”

I had a conversation with a savvy friend of mine yesterday, who keeps up with news and gets it about the economy. I told him that I had been watching the jobless claims reports and that I was curious about the next report, which came out this morning. I applied some common sense and questioned what the real unemployment numbers are when the new college graduates are factored in. We both agreed that the real unemployed figure was far greater than the 9.7 % figure offered by the federal government.

This morning one of my questions was answered.

“In the week ending June 12, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 12,000 from the previous week’s revised figure of 460,000.”

Read more:

https://citizenwells.com/2010/06/17/jobless-claims-rise-june-17-2010-us-labor-dept-12000-increase-initial-claims-472000/

This probably does not factor in recent college grads but it is, however, a best case scenario from the government. I continue to read the fairy tales about the economy while truth reporters such as Rush Limbaugh warn that much of the business activity is geared to putting income in 2010 and not later years when Obama tax increases will be non business, non economy friendly.