Category Archives: Obama indictment

Glenn Beck, Citizen Wells challenge to Beck, Beck is a coward, O’Reilly, Fox, Glenn Beck show, Birthers, Glenn Beck insults Americans Military and US Constitution

I have tried my best to like and follow Glenn Beck. He has exposed much of the real Obama and Obama Administration and agenda. That being said, I am damn tired of Glenn Beck insulting concerned Americans, including many in the military who ask questions about Obama’s eligibility. As my mom would say, “he has gotten too big for his britches.”

Apparently Beck has followed in the footsteps of the pontificating, bloviating Bill O’Reilly. It is either that or Fox, heavily influenced by Saudi ownership, has issued an edict to not cover some aspects of Obama.

Glenn Beck, you are a coward. If you have a valid excuse (and I would love to hear it), please provide it.

I hereby challenge Glenn Beck to a duel. That is, a verbal/written exchange. I realize I may be challenging an unarmed opponent. I am armed with the facts and a regard for upholding the US Constitution.

Glenn Beck, if you do not respond, I am going to initiate a campaign to boycott your show.

You have insulted the people who gave you the large audience share. There is no excuse for your behaviour.

Put up or shut up.

Wells

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

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

Obama college records, Obama campaign contributions, Glenn Beck, Bill O’Reilly, US Constitution, Saudi contributions, Harvard and Columbia paid for by Saudis

 Why has Obama employed a legion of private and government attorneys to avoid presenting a legitimate birth certificate and college records?…Citizen Wells and millions of Americans

To anyone who has an agenda, is simple minded, not paying attention or does not care, including, but not limited to, Bill O’Reilly and Glenn Beck. Obama’s eligibility issues, his intentional withholding of a legitimate birth certificate, college records and other records from his past and his decision to not receive federal matching election funds are all tied up in a web of deception. One cannot refer to one dubious aspect of Obama’s secrecy without bringing to light another. So it is with the hidden birth certificate. Much has been made about the significance of this fact. For people like Glenn Beck, who preach adherance to the US Constitution out of one side of their mouth while insulting concerned Americans who question Obama’s eligibility out of the other. For people like Beck who appear to be either hypocritical or doing the bidding of the Saudis via their ownership of Fox, I am going to make this real simple.

Why has Obama kept hidden his college records?

It is a certainty that the Saudis played a large role in Obama’s education. Just how much? We will be reopening that can of worms. But first let’s revisit contributions to Obama’s presidential campaign and why Obama chose to not receive federal matching funds.

From NewsMax, September 29, 2008.

“Secret, Foreign Money Floods Into Obama Campaign”

“More than half of the whopping $426.9 million Barack Obama has raised has come from small donors whose names the Obama campaign won’t disclose.

And questions have arisen about millions more in foreign donations the Obama campaign has received that apparently have not been vetted as legitimate.

Obama has raised nearly twice that of John McCain’s campaign, according to new campaign finance report.

But because of Obama’s high expenses during the hotly contested Democratic primary season and an early decision to forgo public campaign money and the spending limits it imposes, all that cash has not translated into a financial advantage — at least, not yet.

The Obama campaign and the Democratic National Committee began September with $95 million in cash, according to reports filed with the Federal Election Commission (FEC).

The McCain camp and the Republican National Committee had $94 million, because of an influx of $84 million in public money.

But Obama easily could outpace McCain by $50 million to $100 million or more in new donations before Election Day, thanks to a legion of small contributors whose names and addresses have been kept secret.

Unlike the McCain campaign, which has made its complete donor database available online, the Obama campaign has not identified donors for nearly half the amount he has raised, according to the Center for Responsive Politics (CRP).

Federal law does not require the campaigns to identify donors who give less than $200 during the election cycle. However, it does require that campaigns calculate running totals for each donor and report them once they go beyond the $200 mark.

Surprisingly, the great majority of Obama donors never break the $200 threshold.

“Contributions that come under $200 aggregated per person are not listed,” said Bob Biersack, a spokesman for the FEC. “They don’t appear anywhere, so there’s no way of knowing who they are.”

The FEC breakdown of the Obama campaign has identified a staggering $222.7 million as coming from contributions of $200 or less. Only $39.6 million of that amount comes from donors the Obama campaign has identified.

It is the largest pool of unidentified money that has ever flooded into the U.S. election system, before or after the McCain-Feingold campaign finance reforms of 2002.”

Read more:

http://newsmax.com/Politics/Obama-fundraising-illegal/2008/09/29/id/325630

REPORT OF RECEIPTS AND DISBURSEMENTS

By An Authorized Committee of a
Candidate For the Office of President or Vice President
(Summary Page, FEC FORM 3P)

FILING FEC-405794


1. OBAMA FOR AMERICA

      PO Box 8102
      Chicago, Illinois   60680

2. FEC Committee ID #: C00431445

3. This report contains activity for a General Election

4. Report Type: Pre-General

This IS an amended REPORT

Filed 02/27/2009 

REPORT OF RECEIPTS AND DISBURSEMENTS

By An Authorized Committee of a
Candidate For the Office of President or Vice President
(Summary Page, FEC FORM 3P)

FILING FEC-405794


1. OBAMA FOR AMERICA

      PO Box 8102
      Chicago, Illinois   60680

2. FEC Committee ID #: C00431445

3. This report contains activity for a General Election

4. Report Type: Pre-General

This IS an amended REPORT

Filed 02/27/2009

SUMMARY

5. Covering Period 10/01/2008 Through 10/15/2008

6. Cash on Hand at BEGINNING of the Reporting Period   135,560,349.00
7. Total Receipts This Period   39,026,983.95
8. Subtotal (6 + 7)   174,587,332.95
9. Total Disbursements This Period   105,599,963.76
10. Cash on Hand at CLOSE of the Reporting Period   68,987,369.19
11. Debts and Obligations Owed TO the Committee   0.00
    Itemize all on SCHEDULE C or SCHEDULE D
12. Debts and Obligations Owed BY the Committee   2,302,457.50
    Itemize all on SCHEDULE C or SCHEDULE D
13. Expenditures Subject To Limitation   0.00
14. NET Contributions (Other than Loans)   582,402,895.62
15. NET Operating Expenditures   547,640,218.12

Treasurer: Martin H. Nesbitt
Date Signed: 02/27/2009

(End Summary, FEC FORM 3P)

 

http://query.nictusa.com/pres/2008/12G/C00431445.html#SUMMARY

Let’s revisit a Pastor James Manning video.

Glenn Beck, O’Reilly and others who pretend to cover important news, the eligibility issue is either above your comprehension level or US Constitution adherance level or you are purposely avoiding or denigrating it for some agenda. So here it is, simple enough for a third grader.

Why has Obama employed countless attorneys to avoid presenting his college records?

Stay tuned. More to come.

Obama, Columbia University, Selective Service, Breaking The War Mentality, 1980, 1983, Did Obama attend Columbia?, Did Obama register with Selective Service?

During the past two years I have read countless articles about Obama, his past and his associations. In conjunction and in many cases in harmony with many others questioning Obama, I have pondered and maintained in the recesses of my memory numerous troubling controversies. Recently, Pastor James Manning  alleged that Obama did not attend Columbia University (college) and that the Saudis paid for his Harvard education. I find that allegation plausible.

It is well documented that Obama has employed many attorneys to avoid presenting his birth certificate, college records and other data such as passports he traveled under. Obama’s compliance with the Selective Service registration has been scrutinized and is still questionable. Jimmy Carter signed into law on July 2, 1980  Proclamation 4771 of the Military Selective Service Act. Under this law, Obama would have to register

“1-103. Persons born in calendar year 1961 shall present themselves for registration on any of the six days beginning Monday, July 28, 1980.”

There are many aspects of an alleged record of Obama’s compliance that are disturbing, not the least of which is the signature.

The article allegedly written by Barack Obama while at Columbia and published in March 10, 1983 is interesting without being linked to other aspects of Obama’s past.

“Breaking The War Mentality”

Here are a few exerpts to ponder:

“Most students at Columbia do not have first hand knowledge of war.” 

“Look, we say, here’s the worst part, let’s work on that.  You’re not going to get rid of the military in the near future, so let’s at least work on this.””

“Also operating out of Earl Hall Center, Students Against Militarism was formed in response to the passage of registration laws in 1980.” 

“At this time, the current major issue is the Solomon Bill, the latest legislation from Congress to obtain compliance to registration.  The law requires that all male students applying for federal financial aid submit proof of registration, or else the government coffers will close.  Yale, Wesleyan, and Swathmore have refused to comply, and plan to offer non-registrants other forms of financial aid.  SAM hopes to press Columbia into following suit, though so far President Sovern and company seem prepared to acquiesce to the bill.”

“Robert believes students tacitly support non-registrants, though the majority did not comply.  “Several students have come up to our tables and said that had they known of the ineffectiveness of prosecution, they would not have registered.””

“Prodding students into participating beyond name signing and attending events is tricky, but SAM members seem undaunted.  “A lot of the problem comes not from people’s ignorance of the facts, but because the news and statistics are lifeless.  That’s why we search for campus issues like the Solomon bill that have direct impact on the student body, and effectively link the campus to broader issues.”” 

http://www.scribd.com/doc/10978031/1983-article-by-Barack-Obama-Breaking-the-War-Mentality-in-Columbia-Universitys-Sundial-magazine

So little from Barack Obama’s past is available. The glimpse into his activities and associations that we do get is cause for great concern.

Do not be surprised to see more of this presented here.

Chicago Tribune supports David Hoffman, Obama endorsed Alexi Giannoulias in 2006 Democratic primary, IL Democrat Senate primary, Giannoulias gave $10000 to Obama’s campaign, Obama Giannoulias Progressives

The Chicago Tribune supports David Hoffman, opponent of Alexi Giannoulias, who had close ties to Barack Obama and Chicago corruption figures. Hoffman and Giannoulias are competing in the Democrat primary for the former senate seat of Obama.
From the Chicago tribune, January 28, 2010.
“Once again: Hoffman”

“An honest mistake, yes, and a careless one. But it was handled with the forthright integrity we’ve come to expect from Hoffman. And for all the whining from the Giannoulias camp about negative attacks, it’s the only statement whose factual basis has been challenged successfully. Unless you count this: In a press release this week, Giannoulias accuses Hoffman of citing a “non-existent Daily Herald story” in an ad that references loans made by Giannoulias’ family bank to convicted influence-peddler Tony Rezko.

“David Hoffman should stop insulting voters, take down this smear job and put up an ad talking about jobs,” it says.

We’ll leave it to voters to decide if linking Giannoulias to Rezko is a “smear job,” but the Daily Herald story does exist, and the Giannoulias camp knows it. Hoffman’s ad got the date wrong. Careless again. But it has allowed Giannoulias to present himself again as the victim.

None of this changes our opinion. As we wrote in our endorsement: Hoffman, the former inspector general for the city of Chicago, “is an incorruptible man who tells truth to power…”

Hoffman is the Democrats’ best choice to bring the highest ethical standards to the U.S. Senate.”

Read more:

http://www.chicagotribune.com/news/opinion/editorials/ct-edit-hoffman0129-20100128,0,1398080.story
From the Chicago tribune, June 12, 2007.
“Obama endorses Alexi Giannoulias for state treasurer”
“But Obama’s record of local endorsements — one measure of how he has used his nascent political clout — has drawn criticism from those who say it reflects his deference to Chicago’s established political order and runs counter to his public calls for clean government.

In the 2006 Democratic primary, for example, Obama endorsed first-time candidate Alexi Giannoulias for state treasurer despite reports about loans Giannoulias’ family-owned Broadway Bank made to crime figures. Records show Giannoulias and his family had given more than $10,000 to Obama’s campaign, which banked at Broadway.”

Read more:

http://www.chicagotribune.com/news/politics/chi-obama_endorse_12jun12,0,484394.story
From Source Watch

“Barack Obama and campaign contributor Alexi Giannoulias”
“Alexi Giannoulias—a “man who has long been dogged by charges that the bank his family owns helped finance a Chicago crime figure” and “who became Illinois state treasurer” in 2006 after Sen. Barack Obama (D-Ill.) “vouched for him”—”pledged to raise $100,000 for the senator’s Oval Office bid,” Charles Hurt reported September 5, 2007, in the New York Post.[1]

The September 5, 2007, Chicago fundraiser was omitted from Obama’s public schedule and the event was closed to the press,” Lynn Sweet of the Chicago Sun-Times reported.[2]

“Before he promised to raise funds for Obama, Giannoulias bankrolled Michael ‘Jaws’ Giorango, a Chicagoan twice convicted of bookmaking and promoting prostitution.”
“Obama and Giannoulias reportedly met on the basketball court “in the late 1990s … at the East Bank Club, a luxurious spot in downtown Chicago,” Jodi Kantor wrote June 1, 2007, in the New York Times.[3] Now, “thanks in part to [Obama’s] backing, [Giannoulias] is now the Illinois state treasurer. Other regular gymmates include the president of the Cook County Board of Commissioners, the director of the Illinois Department of Public Health and several investment bankers who were early and energetic fund-raisers,” Kantor wrote.”
“Obama the king maker”

“”Did U.S. Senator Barack Obama clear the field in the Democratic state treasurer’s race?” lawyer and political analyst Russ Stewart wrote January 4, 2006.”
“But none announced, and all deferred to Alexi Giannoulias, a 29-year-old Chicago investment banker who was an early supporter of Obama in his 2004 Senate race, whose father owns Broadway Bank, and whose family helped bankroll the Obama campaign. Giannoulias has said that he will campaign as a ‘progressive,’ and he has promised to put more than $1 million in family funds into the race,” Stewart wrote.”
“In March 2006, Giannoulias said that “his ‘good friend and mentor, Barack Obama,’ inspired him to run.”

In fact, Giannoulias’ “endorsers” were “essentially the base of the Obama coalition: white north side progressives and south side blacks.””

Read more:

http://www.sourcewatch.org/index.php?title=Barack_Obama_and_campaign_contributor_Alexi_Giannoulias
Obama endorses Giannoulias Ad

Post Obama Chicago?

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

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

Obama narcissism, Barack Obama narcissistic impulses, Not about me, This isn’t about me, Obama lies, Radical socialist associations

“The lady doth protest too much, methinks.”… William Shakespeare “Hamlet”

 

Everything that Barack Obama does can be explained by the following:

Narcissism

Lies

Radical and  socialist associations

David Limbaugh wrote an excellent article about Obama’s narcissism on January 25, 2010.

“‘It’s Not About Me’ — Wink, Wink”

“The more painful exposure we have to Barack Obama — and we’re talking hyper-exposure at this point — the more we realize how narcissistic he is. Indeed, we are treated to this overexposure precisely because of his narcissistic impulses. He can’t keep himself out of the spotlight.
So it was that on the heels of his crushing personal defeat in the Massachusetts senatorial election last week, Obama’s principal reaction was, “This isn’t about me.”

When someone says that one time or a few times, you might believe him. But when he says it repeatedly (see below), you have to conclude he is protesting too much and means just the opposite.”

“His entire domestic and foreign policy agenda is so much about him that he insists on cramming it down our throats even though the polls overwhelmingly indicate that we Americans do not want it and, more importantly, that it is bankrupting this nation and making us less safe. That’s not selflessness. It’s self-indulgence and conceit to an obscene degree. He is so brainwashed in Marxist and appeasement ideologies that he continues to believe in their maxims in the face of their historical failure and of the miserable failure of his own agenda in the here and now. He is so convinced he knows better than we do what is in our best interests that he must thwart our ignorant will.”

“–On Feb. 15, 1990, after becoming “the first black president of the influential Harvard Law Review,” Obama said, “I realized my election was not about me, but it was about us, about what we could do and what we could accomplish.”
–On Nov. 2, 2004, when Obama visited the campus of the University of Illinois during his campaign for U.S. senator, he said: “Ultimately, this election is not about me. … It’s about the willingness of our citizens to get engaged and get involved.”
–On Dec. 11, 2006, in a speech in New Hampshire, Obama said, “It’s not about me.” But, according to an NPR reporter, “it really is all about him.”
–On Dec. 10, 2007, Obama said, “This campaign is not about me; it is about the hundreds of volunteers … in Rhode Island … and the millions of people across the country who want change we can believe in.”
–On Dec. 14, 2007, when asked about a New Year’s resolution, Obama said he needed to keep reminding himself, “This is not about me.”
–On Aug. 28, 2008, Obama said in his acceptance speech, “This election has never been about me; it’s about you.”
–On July 20, 2009, Obama said (exactly as he repeated following the Massachusetts election): “This isn’t about me. This isn’t about politics. This is about a health care system that is breaking America’s families, breaking America’s businesses and breaking America’s economy.”
Whom do you think it’s about?”

Read more:

http://www.davidlimbaugh.com/mt/archives/2010/01/new_column_its_7.html#more

Taitz v Obama, Update, January 28, 2010, US District Court, Washington DC, Summons issued, CASE #: 1:10-cv-00151-RCL

Just in from Charles Kerchner of another case, Kerchner v Obama & Congress.

U.S. District Court
District of Columbia (Washington, DC)
CIVIL DOCKET FOR CASE #: 1:10-cv-00151-RCL

TAITZ v. OBAMA
Assigned to: Chief Judge Royce C. Lamberth
 Case: 1:09-mc-00346-RCL

Cause: 28:1331 Fed. Question
Date Filed: 01/27/2010
Jury Demand: None
Nature of Suit: 890 Other Statutory Actions
Jurisdiction: U.S. Government Defendant

 
Plaintiff 
ORLY TAITZ represented byORLY TAITZ
29839 Santa Margarita Parkway
Suite 100
Rancho Santa Margarita, CA 92688
(949) 683 – 5411
Fax: (949) 766 – 7603
PRO SE
V.
Defendant
BARACK HUSSEIN OBAMA
 
Date Filed#Docket Text
01/27/20101  COMPLAINT against BARACK HUSSEIN OBAMA ( Filing fee $ 350, receipt number 4616027174) filed by ORLY TAITZ. (Attachments: # 1 Civil Cover Sheet)(rdj) (Entered: 01/28/2010)
01/27/2010  SUMMONS (3) Issued as to BARACK HUSSEIN OBAMA, U.S. Attorney and U.S. Attorney General (rdj) (Entered: 01/28/2010)

 
1:10-cv-00151-RCL TAITZ v. OBAMA
Royce C. Lamberth, presiding
Date filed: 01/27/2010
Date of last filing: 01/27/2010
 
Case Summary
Office: Washington, DC     Filed: 01/27/2010
Jury Demand: None     Demand:
Nature of Suit: 890     Cause: 28:1331 Fed. Question
Jurisdiction: U.S. Government Defendant     Disposition:
County: 88888Terminated:
Origin: 1    Reopened:

Lead Case: None
Related Case: 1:09-mc-00346-RCLOther Court Case: None
Def Custody Status:
Flags: PROSE-NP, TYPE-F

 
Plaintiff: ORLY TAITZ
Defendant: BARACK HUSSEIN OBAMA

Obama, Justice Samuel Alito, Supreme Court justices, State of the Union Address, Obama criticized recent decision, Alito mouths not true

Little by little, people are opening their eyes to the reality of Barack Obama who has no regard for the US Constitution, the American people and the concept of separation of powers. Obama insults the US Supreme Court and Supreme Court Justice Samuel Alito shook his head no, and mouthed “not true.”

“Alito mouths “not true” as Obama criticizes Sup Ct for opening floodgates to special interests”

“Supreme Court Justice Samuel Alito shooked his head no, and mouthed “not true,” while President Obama criticized the Supreme Court for their recent decision permitting lobbyists and corporations to exert more influence on elections. This is highly inappropriate of a Supreme Court justice – they don’t even clap at the State of the Union, they’re supposed to be so impartial.”
Maybe the Supreme Court will look upon Obama’s eligibilty with more clarity now.

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

“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/