Category Archives: Financial crisis

Real unemployment rate, February 6 2010, Jobless claims, More jobs lost, Government surveys, Americans not looking for jobs

Posted on February 6, 2010 | 198 comments

“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″


Yesterday, February 5, 2010, we reported that the supposed latest unemployment rate is 9.7 %, while at the same time unemployment claims rose again for the last week.

“The unemployment rate dropped from 10 percent because a survey of households found the number of employed Americans rose by 541,000, the Labor Department said Friday. The job losses are calculated from a separate survey of employers.

The department also revised its past employment estimates to show that job losses from the Great Recession have been much worse than previously stated. The economy has shed 8.4 million jobs since the downturn began in December 2007, up from a previous figure of 7.2 million.

That’s the most jobs lost in any recession, as a percent of total employment, since World War II.”

“The Labor Department says unemployment claims rose 8,000 to a seasonally adjusted 480,000 last week. Economists had predicted claims would drop to 460,000.”

“Stock futures weakened Thursday as a rise in weekly jobless claims damped hopes about a key employment report Friday.”
Real unemployment rate?

From Fox News, February 05, 2010

“The Real Story Behind Our Unemployment Numbers”

“A slight improvement in the jobless rate but what is the government hiding about the picture for most of 2009?”

“Most people seem to believe that the number of Americans with jobs is a clearly identifiable number. All you do is count up the number of people with jobs. Unfortunately, that isn’t the way it works. The number reported each month is based on surveys, and surveys have can often have problems. As it turns out, the surveys estimating the number of people with jobs reported over the last couple of years suffered from some really big problems. The economy actually lost about 824,000 more jobs during the recession than we previously thought.
But those adjustments have so far only been made through March 2009, and there are strong reasons to believe that the survey data since then also needs to be adjusted downward.
There are two ways economists measure the number of jobs, the establishment survey that asks about 370,000 employers how many people they are employing and the household survey that asks about 110,000 people each month whether they are working. The establishment survey is often given more weight because about 40 million Americans work for the companies surveyed, a lot more than the 110,000 people interviewed in the other survey. But 110,000 people still make up a huge sample (remember that a big survey for a presidential election might involve 2,000 people), and it is hard to ignore its results. The household survey is also what is used to calculate the unemployment rate.”

“These recent errors are quite large. The error in estimating the number of jobs from April 2008 to March 2009 was 10 times greater than the average error over the preceding eight years. What does this mean in terms of jobs? Normally the government would underestimate the number of new jobs by 80,000 and this time it was overestimating them by about 800,000.”

Read more:

http://www.foxnews.com/opinion/2010/02/05/john-lott-unemployment-jobs-bureau-labor-statistics-grim/

Do the government numbers “smell right” to you?

198 Comments

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Unemployment rate, February 5 2010, Jobless rate, Weekly claims report, Labor Department, January 2010, November gains?, Obama administration job killing policies, 1984, Orwellian spin, Stocks drop on rise in weekly jobless claims

Posted on February 5, 2010 | 176 comments

“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

The Obama camp is often spoke of in Orwellian terms. 1984 manifested. Jobless claims for the past week rise, the stock market reacts unfavorably and suddenly the unemployment rate is 9.7 percent? News reports in George Orwell’s “1984” were constantly altered as a matter of practice to reflect the image and goals of Big Brother. Read the following reports and derive your own conclusions.
From Fox News, February 5, 2010.

“Jobless Rate Falls Unexpectedly to 9.7 Percent in January”

“WASHINGTON – The unemployment rate dropped unexpectedly in January to 9.7 percent, while employers shed 20,000 jobs, according to a report that offered hope the economy will add jobs soon.

The unemployment rate dropped from 10 percent because a survey of households found the number of employed Americans rose by 541,000, the Labor Department said Friday. The job losses are calculated from a separate survey of employers.

The department also revised its past employment estimates to show that job losses from the Great Recession have been much worse than previously stated. The economy has shed 8.4 million jobs since the downturn began in December 2007, up from a previous figure of 7.2 million.

That’s the most jobs lost in any recession, as a percent of total employment, since World War II.

The figure for November was revised higher, however, to show a gain of 64,000 jobs. That was initially reported as a gain of 4,000.”

“The federal government has begun hiring workers to perform the 2010 census, which added 9,000 jobs. That process could add as many as 1.2 million jobs this year, though they will all be temporary.

But job cuts at the state and local levels canceled out those gains, as government employment fell by 8,000.

The construction industry lost more jobs than other sector, dropping 75,000. Most of that loss came from the commercial building sector, the department said.

Still, jobs remain scarce even as the economy is recovering: Gross domestic product, the broadest measure of the nation’s output, has risen for two straight quarters. GDP rose by 5.7 percent in the October-December quarter, the fastest pace in six years.

Many economists say businesses are reluctant to add workers because it’s not clear whether the recovery will continue once government stimulus measures, such as tax credits for home buyers, fade this spring.

The debate over health care reform and the scheduled expiration of some Bush administration tax cuts at the end of this year may also hold back some employers, many economists said.”

Read more:

http://www.foxnews.com/politics/2010/02/05/job-losses-worse/

From Canadian Business, February 4, 2010

“Stocks drop as unexpected rise in weekly jobless claims brings concern about economic recovery”

“Stocks are dropping as a rise in weekly jobless claims dampens hopes about a key employment report Friday.

A recovery in employment is seen as the biggest obstacle to a rebound in the economy and the unexpected increase in weekly unemployment claims Thursday is providing a reminder that a recovery will be difficult.

The Labor Department says unemployment claims rose 8,000 to a seasonally adjusted 480,000 last week. Economists had predicted claims would drop to 460,000.”

“Stock futures weakened Thursday as a rise in weekly jobless claims damped hopes about a key employment report Friday.

A recovery in employment is seen as the biggest obstacle to a rebound in the economy and the unexpected increase in weekly unemployment claims provided another reminder that a recovery will be difficult. The report reduced expectations that the government’s January jobs report on Friday will show that employers added workers in the first month of the year.”

Read more:

http://www.canadianbusiness.com/markets/market_news/article.jsp?content=D9DLDOH00

From the US Department of Labor, February 4, 2010.

“UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT”

“In the week ending Jan. 30, the advance figure for seasonally adjusted initial claims was 480,000, an increase of 8,000 from the previous week’s revised figure of 472,000. The 4-week moving average was 468,750, an increase of 11,750 from the previous week’s revised average of 457,000.”

Read more:

http://www.dol.gov/opa/media/press/eta/ui/current.htm
The DJIA is at 9,961  down 41 as I post this.

176 Comments

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Blanche Lincoln, Obama Health Care Bill, Public Policy Polling, February 2 2010, Lincoln losing to John Boozman, Arkansas Senate race, Lincoln approval rating 27%

Posted on February 2, 2010 | 96 comments

From Public Policy Polling, February 2, 2010.

“Blanche Lincoln Poll”

“John Boozman will enter the Arkansas Senate race this weekend as the frontrunner. He leads incumbent Blanche Lincoln by an amazing 56-33 margin in our first poll of the race.

Lincoln’s approval rating has sunk to just 27%, with 62% of voters in the state disapproving of her. She’s at a middling 51% even within her own party and just 17% of independents and 9% of Republicans are happy with how she’s doing.

A look inside the health care issue gives a good indication of how Lincoln has managed now to get it from all sides. 61% of voters in the state oppose the President’s plan, and among those folks Lincoln’s approval rating is just 8% with 79% of them expressing the belief that she’s too liberal. But she’s managed to antagonize a lot of the people who support the Democratic health care plan as well- 36% of them think she’s too conservative and her approval with them is just 57%. Barack Obama’s at 95% with that same group of voters.

What it all adds up to is Boozman winning 89% of the Republican vote while Lincoln’s at just 68% with Democrats. And Boozman has a 66-20 lead with independents as well.”

Read more:

http://publicpolicypolling.blogspot.com/2010/02/blanche-lincoln-poll.html

96 Comments

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MoveOnMary.org, Senator Mary Landrieu recall initiative, Louisiana Statutes, Recall petitions, Signatures of voters registered on November 4th 2008, US Constitution

Posted on February 1, 2010 | 109 comments

Whether the good citizens of Louisiana are successful or not at removing Senator Mary Landrieu from office, it is good to know that concerned citizens are attempting this and that statutes exist to permit it. And yes, I do believe that the 10th Amendment is pertinent.

From the MoveOnMary.org website.

“Is it Possible ?

No doubt, gathering enough signatures to remove a currently seated United States Seantor will be difficult.

Our legislators, no doubt, did not want recall petitions to be used willy-nilly everytime someone gets annoyed by current office holders. They’ve made it difficult enough by requiring at least 33% of the voters who were registered to vote at the time of the office holders election.

What this translates to, in this attempt to remove Mary Landrieu, is the collection of 981,873 signatures of voters who were registered to vote on November 4th 2008. Do we believe this to happen easily? Certainly not. Is it really possible to achieve our goal, given the whole hearted participation of supporters who really want to restore some semblance of sanity with our elected officials? Yes, we really can. Yes, it will take a lot of work, but, it can be done. We certainly would not have ventured into this effort, were it impossible. You can download the voter registration data from the Secretary of State web site at:

http://electionstatistics.sos.louisiana.gov/Data/Post_Election_Statistics/Statewide/2008_1104_sta.pdf.

Well, you’re probably already hearing from the “conservative” nay-sayers already. You may be hearing all kinds of reasons that you should not participate in this effort. I’ve already had a coulple of conversations with “Conservative activists” trying to dissuade me from participationg in this effort. This morning, one gentleman who is a self declared “leader” in the Tea Party movement expressed to me his own reasons why I should give this up already. Some of these I’d like to share with you now.

1) “It can’t be done!”

Sorry, but that defeatest attitude isn’t one of my core attitudes.

2) “It’s never been done before.”

Well, he was correct. Of course, it will never ever be done until someone really tries to get it done.

3) “State law only provides for the recall of State and Local Officials”

When I asked him if he could give me the actual Louisiana Statute he was talking about, he told me that it would take a couple of week to get it to me. But, of course, he did know the statute. Until he gets that information to me, I’ll have to fall back on Louisiana RS 18:1300.1 §1300 (Link). This statute, specifically addressing the recall of elected officials, states, “Any public officer, excepting judges of the courts of record, may be recalled”. Nowhere, could I find in that statute an exception to Federal officials nor anything that would describe a U.S. Senator as something different that a “Public Officer”.

4) “The Supreme Court has already held that States cannot recall U.S. Representatives or Senators.”

Well, again, when I asked for this case to be cited, it couldn’t be. Neither the U.S. nor the Louisiana Supreme Court has ever heard or made a decision concerning the recall of U.S. Represntatives or Senators.

5) “The Constitution doesn’t provide a means to recall U.S. Representatives or Senators”.

True. There are lots of issues that the U.S. Constitution does not address. That’s why our founding fathers later included the 10th Amendment (link). It states simply, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” In simplest terns, since the U.S. Constitution has NOT provided a means for the citizens to remove Representatives or Senators and has NOT forbidden the States or the people from doing so, then it is reserved to the States or the people. Fortunately, Louisiana is one of the 18 states that have passed laws providing for the recalling of “Any public officer” other than judges. U.S. Representatives and Senators or NOT judges, so can be recalled.

6) “The 10th Amendment forbid it.”

The Tenth Amendment of which Constitution? See note 5.

7) “Constitution experts have …..”

Sorry, but Constitutional experts are simply people like you and I, who have opinions. Some have the opinion that it can be done, some have the opinion that it can’t be done.

 

Thoughout the internet, in the social networking groups, in the blogs, etc., there have been many who have made a lot of noise about recalling Mary Landrieu. Up until now, I’m sure it has been an amusement to her ilk. On December 29, 2009, Someone finally did something about it and filed the petition with the Secretary of Sate’s office. I for one am enthusiastically joining in the effort and will never look back.

Legally, we CAN recall Mary Landrieu. Ethically and morally, we CAN recall Mary Landrieu. Ethically and morally, we SHOULD recall Mary Landrieu. I can promise, if we accomplish this daunting task, it will have a snowball effect in Baton Rouge AND Washington, Nay-sayers notwithstanding. One thing is a fact, however, as long as we continue to roll over and play victim, we will continue to be made fools out of by the likes of Mary Landrieu. Attending meetings and rallies, waving banners and placards and making a lot of noise changes NOTHING … if we do nothing else to change things. Louisiana voters are blessed with the statutes allowing us to recall public officials who are derelict in their duty, and we should take advantage of those laws. Yes, laws do mean something … as long as we use those laws.

I want to do something about the problems in Washington. What about you?”

http://moveonmary.org

109 Comments

Posted in Accountability, America, Americans, Announcements, Bailout, Barack Obama, Bill of Rights, Bribery, Bribes, Budget, Citizen, Citizens for the truth about Obama, Civil rights, Congress, Congress Watch, constitution, Constitution Hall of Shame, corruption, DC, Deficit, Democratic Disaster, Democrats, Election, Election 2010, Election update, Financial crisis, First Amendment, Government, Harry Reid, Health Insurance, Healthcare bill, indictment, Justice, Liberalism, Lies, Money, News, Pay to play politics, politicians, Politics, Reform, Taxes, United States, US Constitution, US economy, US Senate, voters, Washington DC

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NC unemployment rate, Historic high, Obama failures and lies, NC counties, NC rate 11.2 percent, Obama Ohio speech, All I think about is jobs, Obama agenda

Posted on January 29, 2010 | 228 comments

The same day that Obama spun his web of deceit in a speech in Ohio, it was announced that unemployment in NC reached a record high of 11.2 percent. Today we have a breakdown of the 100 counties in NC.

Listen to these speech exerpts and decide if Obama’s rhetoric matches reality.

Record unemployment in NC report from the News Record.

“N.C. unemployment rate hits historic high”

“North Carolina’s unemployment rate hit a historic high of 11.2 percent in December as the tally of jobs lost by the state’s workers since the recession started two years ago neared 250,000.

December’s jobless rate of 11.2 percent rose from 10.8 percent in November, the Employment Security Commission said Friday.

“That’s a pretty significant jump in the unemployment rate when we’ve been into the recovery this long,” said Harry Davis, the chief economist for the North Carolina Bankers Association and an Appalachian State University banking professor.”

“Since the U.S. fell into recession in Dec. 2007, North Carolina has lost 248,000 nonfarm jobs. Manufacturers have slashed 95,500 workers since that time, while construction companies cut 65,800.

Those two sectors shed 2,100 positions in December, but the month’s biggest loser was the 2,600 jobs cut by leisure and hospitality services like hotels and entertainment companies.

That’s no surprise with consumers worried about their incomes cutting back on luxuries, Davis said. More losses at leisure companies can be expected this year, he said.”

Read more:

http://www.news-record.com/content/2010/01/22/article/nc_unemployment_rate_up_in_dec

From News 14 today, January 29, 2010.

“Unemployment climbs again in 86 N.C. counties”

“RALEIGH – State officials have released the latest county-by-county unemployment numbers, showing that unemployment rates increased in 86 of North Carolina’s 100 counties in December.”

“Other Stats

• Highest unemployment: Graham County at 17.6 percent
• Lowest unemployment: Orange County at 6.2 percent
• Biggest increase: Hyde County increases 3.4 percent to 12.2 percent
• Biggest decrease: Perquimans County decreases 0.5 percent to 9.9 percent
• Current state unemployment: 11.2 percent”

Read more:

http://news14.com/charlotte-news-104-content/top_stories/621285/unemployment-climbs-again-in-86-n-c–counties

228 Comments

Posted in 2009 Stimulus Bill, Accountability, America, Americans, Announcements, Bailout, Barack Obama, Budget, Citizen, Citizens for the truth about Obama, DC, Deficit, Democrats, Dollar, Election, Election 2008, Financial crisis, Government, Health Insurance, Healthcare bill, indictment, Jobs, Liberalism, Lies, media, Money, NC, NC voters, News, North Carolina, Obama, Obama administration, Obama indictment, Obama lies, Obama Nation, Obama records, Obama taxes, politicians, Politics, Reform, Speech, Taxes, The Case Against Barack Obama, United States, US economy, voters, Washington DC, white house

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Obama State of the Union Address, January 27, 2010, Jobs, New Jobless Claims, Obama lies, Campaign promises vs reality, New jobs bill, Insanity, Fantasy, Reality

Posted on January 28, 2010 | 50 comments

“Insanity: doing the same thing over and over again and expecting different results.”…Albert Einstein

Fantasy

From the State of the Union speech, January 27, 2010, Fox News reports.

“Renewing Promise of ‘Change,’ Obama Tries to Reset Agenda”
“The road to restoring public confidence in Washington and in his ability to lead it starts Thursday in Tampa, where Obama will hold a town hall meeting and discuss federal investment in mass transit. The visit comes as the president vows to make the economy and jobs creation his top focus in 2010, while continuing to press ahead with his ambitious agenda on everything ranging from health care reform to education to immigration reform.”

“But the centerpiece of Obama’s address was jobs creation. The president called on Congress to pass a new jobs bill right away, telling the Senate to pass something similar to the bill passed by the House last year as its “first order of business.”

“People are out of work. They’re hurting. They need our help. And I want a jobs bill on my desk without delay,” Obama said.”
 
“Obama said the “devastation” of the economic crisis remains, but also defended his approach so far, saying his administration acted “immediately and aggressively” to stave off a “second depression.”

The president emphasized that conditions would be worse if his administration and Congress had not approved the stimulus package last February. He said the package has saved 2 million jobs.”

Read more:

 
http://www.foxnews.com/politics/2010/01/27/obama-deliver-state-union/

Reality

From Fox News, January 28, 2010.
“New Jobless Claims Drop Less Than Expected”

“WASHINGTON — The number of newly laid-off workers claiming unemployment benefits fell less than expected last week, fresh evidence the job market remains a weak spot in the economic recovery.

The Labor Department said Thursday that first-time jobless claims dropped by 8,000 to a seasonally adjusted 470,000. Analysts had expected a steeper drop to 450,000, according to Thomson Reuters.

The four week average, which smooths out volatility, rose for the second straight week to 456,250. The average had fallen for 19 straight weeks before starting to rise. That decline had given some analysts hope the economy would soon generate net job gains.

Two weeks ago, claims surged by 34,000 due to administrative backlogs left over from the holidays in the state agencies that process the claims, a Labor Department analyst said. Those delays may still be affecting the data, the analyst said.

That means the current figures could be artificially inflated. At the same time, it would also mean that the steep drop in claims in late December and early January was also exaggerated by the backlogs.”

“But the so-called continuing claims do not include millions of people who have used up the regular 26 weeks of benefits typically provided by states, and are receiving extended benefits for up to 73 additional weeks, paid for by the federal government.”
Read more:
http://www.foxnews.com/politics/2010/01/28/new-jobless-claims-drop-expected/

50 Comments

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US debt limit, Senate debate, $ 14.3 Trillion, China $ 800 billion, Japan, Oil exporting countries, Senator Richard Burr, NC senator, Terminate TARP amendment, Pay down national debt

Posted on January 25, 2010 | 112 comments

From Senator Richard Burr of NC, January 25, 2010.

 
“Dear Friend,
Last week, the Senate began debate on increasing our nation’s debt limit by $1.9 trillion.  This would permit our total debt to climb to $14.3 trillion – the highest in our nation’s history.  I will not support any measure to increase America’s debt.  It is outrageous to consider shackling future generations with the impossibility of ever paying off such a sum.
American families must live within their budget, and the most reasonable way to stop adding to the debt is to stop Washington’s appetite for spending.  The federal government, however, doesn’t understand what it means to cut spending and prioritize in order to keep our country solvent.  Instead, the preferred answer is simply to raise the limit on how much debt is allowed. We will never see responsible and accountable government as long as this attitude prevails.
Did you know that China now holds some $800 billion of our debt?  Japan holds another $750 billion.  Oil exporting countries hold almost $200 billion.  Is this the way we should be operating our government?  Not in my opinion.
The way to deal with our current budgetary situation is to stop spending, plain and simple. My voting record is clear on this subject.  And I will continue to vote against legislation that involves out-of-control expenditures and against irresponsible budgets. 
Last Thursday, I co-sponsored an amendment with Senator John Thune that would have terminated the TARP program as a means to stop any future expenditure of funds not already spent. This bill would also have required any TARP repayments be used to pay down the national debt.  This amendment received 53 votes in the Senate – including 13 Democrats.  But, under Senate rules, 60 votes were required for its adoption, so it failed.
The Senate will resume debate on this legislation this week.  You can rest assured that I will be fighting to stop this before we bankrupt America. 
If you agree with my position on this and other issues, would you consider making a contribution to my campaign this week?  As we head into the last week of the month, I need to ask for your help in order to meet my goal for January.  If you would send $25 or $50 it would let me know that you stand with me in this fight to stop spending and to control our debt.  Just click here to make your contribution.
I want to keep fighting for you in the U.S. Senate.  This means my campaign must raise the funds necessary for this year’s election. Please consider making a contribution today.
Whether you can send a contribution or not, I’ll be on the job this week voting to stop this increase in our national debt.  It is wrong, and we must send a strong signal to those in charge in Washington that enough is enough. 
Sincerely,
 
Richard Burr
United States Senator”

112 Comments

Posted in 2009 Stimulus Bill, Accountability, America, Americans, Announcements, Barack Obama, Budget, Citizen, Citizens for the truth about Obama, Congress, Congress Watch, conservatives, corruption, DC, Deficit, Democratic Disaster, Democrats, Family, Financial crisis, First Amendment, Government, Harry Reid, indictment, Liberalism, Lies, Money, NC, NC voters, News, North Carolina, Obama, Obama administration, Obama indictment, Obama lies, Obama Nation, Obama records, Obama taxes, politicians, Politics, Reform, republicans, Speech, Taxes, The Case Against Barack Obama, United States, US economy, US Senate, voters, Washington DC, white house

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Obama Ohio speech, January 22, 2010, Jobs speech, Unemployment Up in 43 States in December, Lies, Narcissism, Karl Rove, Sean Hannity, Ohio job losses

Posted on January 23, 2010 | 215 comments

While Obama was giving a  jobs speech, Friday afternoon, January 22, 2010 at Lorain County Community College
in Elyria, Ohio, a government report indicated that unemployment was up in 43 States in December. Consistent with Obama’s past and personality, Obama’s speech is driven by Lies and Narcissism. Commentary is provided by Karl Rove, Sean Hannity and Citizen Wells.

Fox News unemployment report, January 22, 2010.

“Unemployment Up in 43 States in December”

“WASHINGTON — Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.
The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states — South Carolina, Delaware, Florida and North Carolina — reported record-high jobless rates in December.
New Jersey’s rate, meanwhile, rose to a 33-year high of 10.1 percent while New York’s reached a 26-year high of 9 percent.
Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.
“A lot of states that had started to add jobs (in November) gave up those gains in December,” said Sophia Koropeckyj, managing director at Moody’s Economy.com.”

“Texas lost the second-most jobs: 23,900. That sent its jobless rate to 8.3 percent in December from 8 percent. The next-largest job losses were in Ohio, Illinois and Michigan.”

Read more:

http://www.foxnews.com/politics/2010/01/22/unemployment-states-december/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%253A+foxnews%252Fpolitics+%2528Text+-+Politics%2529
 

Obama Ohio speech text

“Today, because of the actions we took, the worst of this economic storm has passed. But families like yours and communities like Elyria are still reeling from the devastation left in its wake. Folks have seen jobs you thought would last forever disappear. You’ve seen plants close and businesses shut down. I’ve heard about how the city government here is bare bones. And how you can’t get to work or go buy groceries like you used to because of cuts in the county transit system.”

“Let me tell you – so long as I have the privilege of serving as your President, I’ll never stop fighting for you. I’ll take my lumps, too. I’ll never stop fighting to bring jobs back to Elyria. I’ll never stop fighting for an economy where hard work is rewarded, where responsibility is honored, where accountability is upheld, where we’re creating the jobs of tomorrow.”

“I’ll never stop fighting to open up government. That’s why we put in place the toughest ethics laws and toughest transparency rules of any administration in history.”

Read more:
http://voices.washingtonpost.com/44/2010/01/obamas-jobs-speech-in-ohio-the.html?wprss=44

215 Comments

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Unemployment up in December, Obama speech in Ohio, Obama CYA speech timing suspect, Obama narcissism and lies

Posted on January 22, 2010 | 297 comments

In typical Obama fashion, and true to his pattern of narcissism and lies, Obama speaks to a group at Lorain County Community College in Elyria, Ohio, today, January 22, 2010. Obama, whose socialist, big spending programs have greatly worsened the job situation and bleakened the outlook for job creation, has the gall to say  “I’ll never stop fighting for an economy where hard work is rewarded” just as a new report was released indicating that  unemployment rates rose in 43 states in December.

From Fox News, January 22, 2010.

“Unemployment Up in 43 States in December”

“Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.”

“WASHINGTON — Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market and illustrating nationwide data released two weeks ago.
The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states — South Carolina, Delaware, Florida and North Carolina — reported record-high jobless rates in December.
New Jersey’s rate, meanwhile, rose to a 33-year high of 10.1 percent while New York’s reached a 26-year high of 9 percent.
Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.
“A lot of states that had started to add jobs (in November) gave up those gains in December,” said Sophia Koropeckyj, managing director at Moody’s Economy.com.
Texas and Georgia lost more jobs in December than they had gained the previous month, she noted, while Arizona and South Carolina lost nearly as many as they had gained.
That is consistent with nationwide trends. Employers shed a net total of 85,00 jobs in December, the government said earlier this month, after notching a small gain of 4,000 jobs in November.”

“Nationally, more than 600,000 people left the labor force in December, according to government data. The large exodus from the labor force indicates that “unemployment is a lot worse than the numbers suggest,” Koropeckyj said.”

Read more:

http://www.foxnews.com/politics/2010/01/22/unemployment-states-december/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%253A+foxnews%252Fpolitics+%2528Text+-+Politics%2529

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Charles Krauthammer, What Scott Brown’s win means for the Democrats, January 22, 2010, Obama ABC interview, Democrats delusional, Obama and Democrats blame Bush, Obama blames insurance companies

Posted on January 22, 2010 | 121 comments

From the Washington Post, January 22, 2010, Charles Krauthammer.

“What Scott Brown’s win means for the Democrats”

“On Jan. 14, five days before the Massachusetts special election, President Obama was in full bring-it-on mode as he rallied House Democrats behind his health-care reform. “If Republicans want to campaign against what we’ve done by standing up for the status quo and for insurance companies over American families and businesses, that is a fight I want to have.”
The bravado lasted three days. When Obama campaigned in Boston on Jan. 17 for Obamacare supporter Martha Coakley, not once did he mention the health-care bill. When your candidate is sinking, you don’t throw her a millstone.

After Coakley’s defeat, Obama pretended that the real cause was a generalized anger and frustration “not just because of what’s happened in the last year or two years, but what’s happened over the last eight years.”

Let’s get this straight: The antipathy to George W. Bush is so enduring and powerful that . . . it just elected a Republican senator in Massachusetts? Why, the man is omnipotent.

And the Democrats are delusional: Scott Brown won by running against Obama, not Bush. He won by brilliantly nationalizing the race, running hard against the Obama agenda, most notably Obamacare. Killing it was his No. 1 campaign promise.

Bull’s-eye. An astonishing 56 percent of Massachusetts voters, according to a Rasmussen poll, called health care their top issue. In a Fabrizio, McLaughlin & Associates poll, 78 percent of Brown voters said their vote was intended to stop Obamacare. Only a quarter of all voters in the Rasmussen poll cited the economy as their top issue, nicely refuting the Democratic view that Massachusetts was just the usual anti-incumbent resentment you expect in bad economic times.”

“The reason both wings of American liberalism — congressional and mainstream media — were so surprised at the force of anti-Democratic sentiment is that they’d spent Obama’s first year either ignoring or disdaining the clear early signs of resistance: the tea-party movement of the spring and the town-hall meetings of the summer. With characteristic condescension, they contemptuously dismissed the protests as the mere excrescences of a redneck, retrograde, probably racist rabble.”

“Democrats must so rationalize, otherwise they must take democracy seriously, and ask themselves: If the people really don’t want it, could they possibly have a point?

“If you lose Massachusetts and that’s not a wake-up call,” said moderate — and sentient — Democratic Sen. Evan Bayh of Indiana, “there’s no hope of waking up.””

Read more:

http://www.washingtonpost.com/wp-dyn/content/article/2010/01/21/AR2010012103500.html

 

Obama ABC George Stephanopoulos interview, Obama blames Bush for MA senate loss

Thanks to commenter Patriot Dreamer

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