Category Archives: white house

AP awarded 4 Orwells for Obama bias, Jobs data, Unemployment, Stronger job creation could help President Barack Obama’s reelection hopes??

AP awarded 4 Orwells for Obama bias, Jobs data, Unemployment, Stronger job creation could help President Barack Obama’s reelection hopes??

“I am convinced that if squirrels had opposable thumbs, that based on their superior intellect, they would be overqualified to be journalists in the mainstream media”…Citizen Wells

“If I had my choice I would kill every reporter in the world but I am sure we would be getting reports from hell before breakfast.”… William Tecumseh Sherman

“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″

Stronger job creation could help President Barack Obama’s reelection hopes.

Well duh, if we actually had stronger job creation and someone in the White House who gets it, and an honest media to report the facts, economic conditions in this country would improve and everyone would be happier.

But for the moment, we don’t.

From Breitbart August 3, 2012.

“AP: ‘STRONGER JOB CREATION COULD HELP OBAMA’S RE-ELECTION'”

“That headline is not made up, it comes from a quote from the very same Associated Press that just last week completely fabricated Mitt Romney’s Palestinian ‘gaffe’. Today the AP is spinning a rise in unemployment and a measly 165,000 jobs created as the kind of “stronger job creation” that could win Their Precious One reelection.

The writer of this nonsense is Christopher S. Rugaber and the shilling is nothing more than propaganda. Rugaber not only wrist-flicks the second uptick in unemployment in just a few month, he tries to pretend the increase is statistically meaningless.

Emphasis mine:

Stronger job creation could help President Barack Obama’s re-election hopes. Still, the unemployment rate has been above 8 percent since his first month in office — the longest stretch on record. No president since World War II has faced re-election with unemployment over 8 percent. …

The government uses two surveys to measure employment. A survey of businesses showed job gains. The unemployment rate comes from a survey of households, which showed fewer people had jobs. Economists say the business survey is more reliable.

Not that any of this surprises me, but watching the media hit new low after new low is nonetheless amusing.

In my lifetime, this is without a doubt the first time the media has ever celebrated a rise in the unemployment rate as a good thing.

Drudge was the first to find this AP story and includes the rare comment on his site:

THEY BOTH CANT BE RIGHT:

Reuters: Labor market slowed sharply after strong gains in winter, spelling trouble for Obama…

AP: Stronger job creation could help Obama’s re-election hopes…

And it’s only August.”

http://www.breitbart.com/Big-Journalism/2012/08/03/AP-Says-Unemployment-increase-good-for-obama

On August 3, 2012 the US Labor Department reported the following:

Total nonfarm payroll employment rose by 163,000 in July.

The unemployment rate is 8.3 percent.

The labor force participation rate is 63.7 percent.

http://www.bls.gov/news.release/empsit.nr0.htm

The unemployment rate rose .1 percent in July and .1 percent dropped out of the labor force. Those are large numbers of people not employed. Do the math.

On August 2, 2012 the US Labor Department reported the following:

“In the week ending July 28 the advance figure for seasonally adjusted initial claims was 365,000, an increase of 8,000 from the previous week’s revised figure of 357,000. The 4-week moving average was 365,500, a decrease of 2,750 from the previous week’s revised average of 368,250.”

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

Using the 4 week moving average of 365,500 times 4, we get a general idea of jobs lost during July.

From the the US Labor Department.

“What do the unemployment insurance (UI) figures measure?

The UI figures are not produced by the Bureau of Labor Statistics. Statistics on insured unemployment in the United States are collected as a by-product of UI programs. Workers who lose their jobs and are covered by these programs typically file claims (“initial claims”) that serve as notice that they are beginning a period of unemployment. Claimants who qualify for benefits are counted in the insured unemployment figures (as “continued claims”). Data on UI claims are maintained by the Employment and Training Administration, an agency of the U.S. Department of Labor, and are available on the Internet at: workforcesecurity.doleta.gov/unemploy/claims.asp.

Some countries base their estimates of total unemployment on the number of persons filing claims for or receiving UI payments or the number of persons registered with government employment offices as available for work. These data are also available in the United States, but they are not used to measure total unemployment because they exclude several important groups. To begin with, not all workers are covered by UI programs. For example, self-employed workers, unpaid family workers, workers in certain not-for-profit organizations, and several other small (primarily seasonal) worker categories are not covered.

In addition, the insured unemployed exclude the following:

  1. Unemployed workers who have exhausted their benefits
  2. Unemployed workers who have not yet earned benefit rights (such as new entrants or reentrants to the labor force)
  3. Disqualified workers whose unemployment is considered to have resulted from their own actions rather than from economic conditions; for example, a worker discharged for misconduct on the job
  4. Otherwise eligible unemployed persons who do not file for benefits

Because of these and other limitations, statistics on insured unemployment cannot be used as a count of total unemployment in the United States. Indeed, during 2008, only 36 percent of the total unemployed received UI benefits. The weekly data on UI claims do have important uses, however, and provide a timely indicator on labor market conditions.”

http://www.bls.gov/cps/cps_htgm.htm#ui

The AP, Associated Press, is awarded 4 Orwells for their pro Obama bias and attempt to misrepresent the unemployment situation with the jobs added. The reason the AP did not receive 5 Orwells is because they included the unemployment rate.

Unemployment rate 8.3 percent August 3, 2012, Labor force participation rate 63.7 percent, Black Latino Asian drops don’t compute, Numbers rectified?

Unemployment rate 8.3 percent August 3, 2012, Labor force participation rate 63.7 percent, Black Latino Asian drops don’t compute, Numbers rectified?

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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
“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984”

From the US Labor Department August 3, 2012.
“THE EMPLOYMENT SITUATION — JULY 2012

Total nonfarm payroll employment rose by 163,000 in July, and the unemployment rate was essentially unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, food services and drinking places, and manufacturing.

Household Survey Data

Both the number of unemployed persons (12.8 million) and the unemployment rate (8.3 percent) were essentially unchanged in July. Both measures have shown little movement thus far in 2012. (See table A-1.)

Among the major worker groups, the unemployment rate for Hispanics (10.3 percent) edged down in July, while the rates for adult men (7.7 percent), adult women (7.5 percent), teenagers (23.8 percent), whites (7.4 percent), and blacks (14.1 percent) showed little or no change. The jobless rate for Asians was 6.2 percent in July (not seasonally adjusted), little changed from a year earlier. (See tables A-1, A-2, and A-3.)

In July, the number of long-term unemployed (those jobless for 27 weeks and over) was little changed at 5.2 million. These individuals accounted for 40.7 percent of the unemployed. (See table A-12.)

Both the civilian labor force participation rate, at 63.7 percent, and the employment-population ratio, at 58.4 percent, changed little in July.”

http://www.bls.gov/news.release/empsit.nr0.htm

From the Employment Situation Summary Table A. Household data, seasonally adjusted.

 
Category     July 2011  May 2012  June 2012 July 2012
 
Participation rate      64.0     63.8     63.8              63.7                
 
White                                8.1      7.4           7.4          7.4
 
Black                               15.9     13.6   14.4         14.1
 
Asian (not 
seasonally adjusted)  7.7       5.2      6.3           6.2 
 
Hispanic                         11.3       11.0   11.0         10.3

http://www.bls.gov/news.release/empsit.a.htm

The white unemployment rate remained at 7.4 percent. The Black, Hispanic and Asian dropped by a combined 1.1 percent. They must be using new or fuzzy math or perhaps the numbers have been rectified as in “1984.”

Perhaps part of the reason is the drop in the Labor Force Participation Rate which is .3 percent lower than a year ago.

And speaking of Labor Force Participation Rate. Have you noticed the rate in West Virginia?

Michelle Obama UNCG speech August 1, 2012, Obama lies, Job lies, Tax lies, College tuition lies, Health care lies, Student loans and records hidden

Michelle Obama UNCG speech August 1, 2012, Obama lies, Job lies, Tax lies, College tuition lies, Health care lies, Student loans and records hidden

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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

“Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”…Barack Obama

I do not usually write about Michelle Obama. However, yesterday at UNCG, the University of North Carolina at Greensboro, in Guilford County, Michelle Obama continued the tradition of Obama family lies in a political speech.

From the Greensboro News Record August 2, 2012.

“First lady talks up president’s successes in Greensboro”

“Michelle Obama on Wednesday ticked off President Barack Obama’s accomplishments during his nearly four years in office: passage of health care reform; more financial aid for needy college students; ending the Iraq War; and killing Osama bin Laden.

But Obama told the 2,400 spectators inside UNCG’s Fleming Gymnasium that the president needs their help to finish what he started, and she encouraged them to get other people involved when they campaign and go to the polls.

“We cannot turn back now,” she said. “We’ve got to keep moving forward.”

Obama’s visit comes just two weeks after Ann Romney, the wife of presumptive Republican presidential nominee Mitt Romney, visited Greensboro.

This is the first lady’s second stop here in recent months. She gave the commencement address at N.C. A&T in May.

North Carolina is considered a battleground state for 2012; President Obama narrowly won the state in 2008.

Obama attended a fundraising event in Raleigh after her appearance in Greensboro. She will return to North Carolina in September for the Democratic National Convention, which will be held in Charlotte.

The first lady touted her husband’s values and drew on their own working-class roots to relate to the audience.

Neither of her parents had a college degree, she said, but they saved and sacrificed so that she and her brother could attend college.

“Education was everything in our family. It was everything,” she said. “It was our ticket to the middle class. It was our pathway to the American dream.”

Obama said her family is a testimony to the “basic American promise” of a better life, no matter who you are or how you started out in life.

“Your president, my husband, understands that promise because that’s the story of his life as well,” she said, noting the president was raised by a single mother who put herself through school.

“Barack knows the American dream because he’s lived it,” she said. “And he believes that when you work hard and you’ve done well and you’ve walked through the doorway of opportunity, you do not slam it shut behind you,” the first lady said to thunderous applause.”

“Cam Choiniere of Winston-Salem said the first lady came across as dynamic, warm, genuine and personable. “I just truly believe her and think that their (the Obamas) values and motives are so spot on,” she said.”

http://www.news-record.com/content/2012/07/29/article/tickets_for_michelle_obama_popular

If Michelle Obama had really spoken of Barack’s successes, it would have been the shortest speech ever.

From the transcript provided by the News Record.

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

“So, trust me, Barack Obama knows what it means when a family struggles.”

“This election is a choice about our economy. It’s about building a strong and growing middle class. So I want you to remind folks that Barack has cut taxes for working families by $3,600. Cut them. (Applause.) And also people need to understand he has cut taxes for small businesses 18 times. That’s what he’s done. (Applause.) Because Barack understands that rebuilding our economy starts with the restaurants and the stores and the startups that create two-thirds of all new jobs in this economy. ”

“This election is a choice about the health of our families. And listen to this — the fact is that over the past century — okay? — 100 years, so many of our Presidents have tried and failed to meet the challenge of health reform. But your President was determined. (Applause.) See, but Barack was driven by the stories of the people he met — the grandparents who couldn’t afford their medications; the families going broke because a child got sick; the woman dying of cancer whose insurance company wouldn’t cover her care. And that is what kept him going day after day. That’s why he fought so hard for this historic reform.”

“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.”

“This election, it’s a choice about whether our kids can attend college without a mountain of debt. Now, believe it or not, back when Barack and I were first starting out, and we were building our lives together, and we were so in love — (laughter) — we still are — (laughter and applause) — but our combined student loan bill each month was actually higher than our mortgage. Now, I know there are people out there who can relate to that. So, believe me, when it comes to student debt, Barack and I, we’ve been there. And that is why Barack doubled funding for Pell Grants and fought so hard to stop student loan interest rates from increasing. (Applause.) Because he knows how important it is for all of our young people to get the education they need for the jobs they deserve. ”

“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;”

http://www.news-record.com/content/2012/08/01/article/first_lady_michelle_obamas_written_remarks

If you listened to this horse crap, these political platitudes, or as we refer to them in NC, lies, I urge you to read and yes research what is presented here. The audacity of the Obamas has no bounds. To present those lies in Guilford County, with an unemployment rate over 10 percent!

First, the latest unemployment data from NC.

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/

Obama and the Democrats have been trying to do away with the Bush tax cuts. Also part of the deception from Obama, et al is taxing the “rich.” When companies are taxed more this is passed along to consumers. And perhaps the biggest impact comes from the “hidden taxes” in cost of goods as a result of high gas prices.

Gas prices have doubled under the Obama Administration and have impacted the price of nearly all consumer goods, especially food.

In 2009 when Obama took office, gasoline averaged around $ 1.85 a gallon. Here is a chart of gasoline prices for the last 3 years.

Michelle should have felt quite at home at UNCG. They have a similar mindset when it comes to spending other peoples money.

From Citizen Wells November 16, 2011.

“Tuition would rise 10 percent for UNCG students next year according to a proposal the university’s tuition and fee committee presented Tuesday night to the Student Government Association.”

https://citizenwells.wordpress.com/2011/11/16/uncg-10-percent-tuition-fee-hike-proposal-660-increase-in-state-university-of-nc-at-greensboro-spending-like-drunken-sailors-out-of-control-expansion/

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/

Michelle and Barack Obama keep talking about their student loans. How do we know this is true? None have been reported on tax returns. And Obama has used many private and US Justice Dept. attorneys, at taxpayer expense, to keep all of his college records hidden.

From ABC News April 25, 2012.

“President Obama told students at the University of North Carolina Tuesday that he knows what it is like to struggle with student loan debt because he and his wife didn’t pay off their student loans until eight years ago.

That may be true, but a quick look at the Obamas’ tax returns shows they were making enough to be considered “wealthy” by the president’s own definition in
the years before his loans were paid off.”

http://abcnews.go.com/blogs/politics/2012/04/behind-obamas-definition-of-wealth-and-paying-off-student-loans-2/

Ben Bernanke Federal Reserve gloomy forecast, August 1, 2012, US economy decelerated, Disappointing jobs reports and sharp slowdown in US growth

Ben Bernanke Federal Reserve gloomy forecast, August 1, 2012, US economy decelerated, Disappointing jobs reports and sharp slowdown in US growth

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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

“Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”…Barack Obama

From the Guardian August 1, 2012.

“Fed gives gloomy forecast on US recovery but no new stimulus yet”

“Fed chairman Ben Bernanke has consistently said that he is not ruling out direct action in the event of a stalling economy. Photograph: Karen Bleier/AFP/Getty Images
The US Federal Reserve signalled on Wednesday that it is increasingly worried about America’s fragile economic recovery – but once more stopped short of taking direct action.

After a two-day meeting, Fed officials said the economy had “decelerated somewhat” over the first half of the year, and gave a stronger signals they may take further action as they keep a close watch on the US recovery.

Weakness in the US economy has been underlined since the last Fed meeting by disappointing jobs reports and a sharp slowdown in US growth, which had led to speculation that the Fed might act. After two days of falls US stock markets had rallied ahead of the statement as investors expected action. But the Dow Jones turned negative when it became clear no action would be forthcoming.

“The committee will closely monitor incoming information on economic and financial developments, and will provide additional accommodation as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability,” the central bank said in a statement issued at the end of the Federal open market committee’s (FOMC) two-day policy meeting.

Fed chairman Ben Bernanke has consistently stated that the Fed is considering further action should the recovery appear to be stalling.

There were fresh signs of weakness on Wednesday as a key poll showed economic activity in the manufacturing sector contracted in July for the second month in a row after 34 consecutive months of expansion. The Institute of Supply Management’s purchasing managers index (PMI) – which measures the acquisition of goods and services – stood at 49.8% in July, barely moving from June’s reading of 49.7%. The index must be above 50% to indicate growth.

Dan Greenhaus, chief global strategist at BTIG, said the Fed was “clearly on a knife’s edge with respect to providing additional stimulus”. Fed statements are parsed line by line for indications of change in policy.

In a note to clients, Greenhaus wrote: “Importantly, the first sentence in the FOMC statement, which noted in June that ‘the economy has been expanding moderately this year’ now says that ‘economic activity decelerated somewhat over the first half of this year.’

“They note that ‘household spending has been rising at a somewhat slower pace than earlier in the year’ while ‘inflation has declined since earlier this year.’ All told, the Fed clearly took down its assessment of the current economic situation.”

Ken Goldstein, an economist at the Conference Board in New York, said the Fed was in a fix. Republicans have already criticised the Fed’s actions and are likely to pounce on any action from the Fed ahead of November’s election.
“This is going to get increasingly political as the election approaches,” Goldstein said.

Goldstein said the economy seemed to be “muddling along rather than falling off a cliff,” and that he believed the Fed was unlikely to act unless evidence of a severe weakening in the US economy emerged.

With economy emerging as the key battleground of the 2012 election, economic indicators have seldom been more closely watched. Last week the commerce department announced that US gross domestic product (GDP) – the broadest measure of an economy’s health – stood at 1.5% in the second quarter, down from 2% in the prior three months, and 4.1% in the fourth quarter of 2011.”

Read more:

http://www.guardian.co.uk/business/2012/aug/01/fed-us-recovery-stimulus?newsfeed=true

Obama wheels of justice turn slow or stop, FDIC lawsuit against Amrish Majahan Mutual banck, Rezko loan for Obama lot, Kenneth J. Conner lawsuit

Obama wheels of justice turn slow or stop, FDIC lawsuit against Amrish Majahan Mutual banck, Rezko loan for Obama lot, Kenneth J. Conner lawsuit

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

“Why did Mutual Bank fire whistleblower Kenneth J Connor after he
challenged the appraisal on the land purchased by Rita Rezko, just
prior to the land sale to Obama?”…Citizen Wells

“Why do the wheels of justice become mired or stopped when a case touches Obama?”…Citizen Wells

The wheels of justice turn very slowly when the case touches Obama. It some cases the wheels of justice stop, as in the case of the New Black Panther Party.

From Citizen Wells July 31, 2012.

“Federal Court finds Obama appointees interfered with New Black Panther prosecution”

“A federal court in Washington, DC, held last week that political appointees appointed by President Obama did interfere with the Department of Justice’s prosecution of the New Black Panther Party.

The ruling came as part of a motion by the conservative legal watch dog group Judicial Watch, who had sued the DOJ in federal court to enforce a Freedom of Information Act (FOIA) request for documents pertaining to the the New Black Panthers case. Judicial Watch had secured many previously unavailable documents through their suit against DOJ and were now suing for attorneys’ fees.”

“The Court’s decision is another piece of evidence showing the Obama Justice Department is run by individuals who have a problem telling the truth,” Judicial Watch President Tom Fitton said. “The decision shows that we can’t trust the Obama Justice Department to fairly administer our nation’s voting and election laws.””
https://citizenwells.wordpress.com/2012/07/31/no-justice-in-obama-justice-dept-new-black-panther-party-dismissal-judicial-watch-obama-appointees-interfered-with-new-black-panther-prosecution/

Rod Blagojevich is in prison and his appeal process may drag on for many many months. Blagojevich was arrested after the 2008 election.

Tony Rezko, the kingpin of Chicago corruption, is in prison and was never called as a witness.

Stuart Levine, who began cooperating with the feds in 2004 and who knows almost as much about Obama’s corruption ties as Rezko, was recently sentenced.

Patrick Fitzgerald aggressively and promptly prosecuted former Republican Governor George Ryan.

Mutual Bank loan to Rezko’s for Obama lot purchase.

From No Quarter USA October 12, 2008.

“”Because I tend to rely on evidence and not on hearsay, I believe we should focus our attention on Amrish Mahajan and the Mutual Bank of Harvey, not on Giannoulias and the Broadway Bank, if we are to assign names to the financial institution about which Sneed of the Chicago Sun-Timeshas heard “rumblings.” Although Mahajan is not known to readers ofNo Quarter and to the national media, I imagine they will desire more information on the unscrupulous banker once they read the information I unpack below the fold. And yes, Obama is involved, deeply involved.”

My interest in Amrish Mahajan and the Mutual Bank of Harvey was picqued by this list of contributors in Rezko’s bundling network provided by the Chicago Sun-Times last March. View the second page of the document, and notice the following entry:

Last name First name Obama donations Rezko connection
Mahajan Amrish $2,500 Banker whose bank loaned money to Rezko companies. The bank also loaned Rezko’s wife money to buy a vacant lot next to Obama’s home.

The data available in the Sun-Times spreadsheet is corroborated by the following data, which is democratically available at the Federal Election Commission‘s website:

MAHAJAN, AMRISH
CHICAGO, IL 60607
MUTUAL BANK

OBAMA, BARACK
VIA OBAMA FOR ILLINOIS INC
12/20/2003 500.00 24020030170
04/14/2004 1000.00 24020461757

Not only was Mahajan a member of Rezko’s bundling network; his bank, the Mutual Bank of Harvey, granted Rita Rezko the $500,000 mortgage she neededin order to purchase the lot on which the Obama mansion in Chicago sits. As many of you may recall, the Obamas could not have purchased the mansion they could not afford unless transactions for the mansion and the lot closed on the same day. Obama needed to locate someone who would buy the lot, and he approached Rezko, the convicted slumlord with whom Obama toured the property before they mutually agreed to the following arrangement:

The home and lot sales closed on June 15, 2005. A land trust controlled by the Obamas bought the house for $1.65 million, and the Obamas secured a $1.32 million mortgage from Northern Trust to complete that purchase. That same day, Rezko’s wife, Rita Rezko, bought the side lot for $625,000. A $37,000- a-year Cook County employee, she secured a $500,000 mortgage from Mutual Bank of Harvey.

The structure of this transaction begs the following question: What bank would lend a government employee who earns $37,000 per annum a $500,000 mortgage? What bank would assume such a risk?

The Mutual Bank of Harvey, of course, for the Mutual Bank of Harvey’s President is a man who is deeply connected to the Chicago machine that backed Barack Obama. Indeed, Amrish Mahajan was one of Mayor Daley’s first political appointments in 1989, when he was named to a seat on Chicago’s Plan Commission, where he would be joined by Obama’s former boss and Rezko’s business partner Allison Davis and by Valerie Jarrett, Daley’s Chief of Staff whochaired the Commission from 1991-1995. Mahajan, in other words, worked with those who devised and profited from Daley’s failed public housing experiment in Chicago, a public housing policy Obama helped fund as state Senator and US Senator.

Rezko, according to the Boston Globe, was one of the major beneficiaries of Obama’s legislative advocacy for funding of Daley’s public housing experiment. Other major beneficiaries are Jarrett and Allison Davis. Mahajan was also a beneficiary, for his bank had made $3.4 million dollars in loans to Tony Rezko’s slum landlord business since 2002. A banker for one of the slumlords who benefitted from the Daley housing program Obama helped bankroll, Mahajan was returning a favor when he wrote a $500,000 mortgage in 2005 for the wife of one of his clients. Although Tony’s financial problems were mounting in 2005, and although Rita earned only $35,000 per annum, Mahajan underwrote the mortgage. Favors must be reciprocated, I guess, especially when one can satisfy two parties at once: the person with whom one has a complicated relationship in real estate and the politician who helped finance that complicated relationship as state Senator and US Senator.”

Read more:

http://www.noquarterusa.net/blog/5382/about-the-financial-institution-mentioned-in-the-sun-times-obama-tony-rezko-amrish-mahajan-the-kenwood-mansion-rita-rezko/

Kenneth J. Conner questioned the appraisal of the lot and was subsequently fired.

From Citizen Wells November 1, 2011.

“Here is what we know about the purchase of a lot by Barack and Michelle Obama from Rita Rezko in 2006:

1. “In June, 2005, Mutual Bank President and CEO Amrish Mahajan and
other Mutual Bank officers approved a loan to Rita Malki Rezko (Rita
Rezko) which was guaranteed by Antonin Rezko so that Rita Rezko could
purchase a 9,090 square foot vacant parcel of real estate at 5050 S.
Greenwood Avenue, Chicago.” (Conner lawsuit)

2. “On or about January 4, 2006, Rita Rezko entered into an
agreement with Senator Barack and Michelle Obama (Obamas) to sell a
ten-foot strip of the 5050 S. Greenwood property to the Obamas.”
(Conner lawsuit)

3. “In late 2005 or early 2006, Conner performed an appraisal review
of the Adams Appraisal (Exhibit C) per the directive of Richard Barth
and James Murphy. Conner prepared a written Appraisal Review report
(ARR) opining that the Adams Appraisal overvalued the Greenwood lot by
a minimum of $ 125,000.00 and that a reasonable and fair valuation for
Mutual Banks’s underwriting purposes should be no greater than $
500,000.00 for the entire 5050 S. Greenwood parcel as originally
purchased by Rita Rezko.” (Conner lawsuit)

4. “On or about October 19, 2006, Mutual Bank received a Grand Jury
Subpoena (GJS) requiring Mutual Bank to produce the Rezko 5050
Greenwood loan file, as well as a Rita Rezko Riverside District
Development LLC checking account and loan file.” (Conner lawsuit)

5. “In October, 2007, Conner had various communications with Mutual
Bank’s Human Resources Department representative, Lana Schlabach. In
an email communication of October 15, 2007, Conner directly referenced
“Resentment over my mentioned discovery of the removal/replacement of
an appraisal review that I conducted. That appraisal review contained
substantial observations and suggestions. The transaction and parties
involved were high profile in the media.I am under the impression that
the FBI has since looked at the file.”” On October 23, 2007, eight days after Conner’s October 15, 2007 email to Schlabach attached as Exhibit J, Mutual Bank terminated Conner’s employment for pretextual reasons.” (Conner lawsuit)

6. “On October 23, 2007, eight days after Conner’s October 15, 2007
email to Schlabach attached as Exhibit J, Mutual Bank terminated
Conner’s employment for pretextual reasons.” (Conner lawsuit)”

https://citizenwells.wordpress.com/2011/11/01/fdic-mutual-bank-lawsuit-reveals-rezko-obama-corruption-kenneth-j-conner-lawsuit-amrish-mahajan-richard-barth-where-did-rezkos-get-the-money/

The Conner lawsuit is still active.

That is all I can comment on at this time.

https://w3.courtlink.lexisnexis.com/cookcounty/Finddock.asp?DocketKey=CAAI0L0ABBEHA0LD

The FDIC has filed a lawsuit against Mutual Bank, Amrish Mahajan, Richard Barth, et al.

From Citizen Wells October 31, 2011.

“The FDIC is suing eight former directors, two officers and the bank’s lawyer.

The failure of the $1.7 billion-asset bank, which had 10 branches in
the Chicago area, is expected to cost the FDIC $775 million. From 2005
to 2009, the lender had nearly doubled in size, fueled by what would
turn out to be bad real estate loans, many of which were made to about
15 borrowers. Record-keeping was shoddy, and loan terms were changed
at closing with no board approval, the suit said. Mutual had become a
“lender of last resort for failed real estate projects,” particularly
in the hotel industry, the suit said.

One of the defendants, former bank president and board member Amrish
Mahajan, couldn’t be reached for comment.”
“5. Collectively, the Director Defendants and Officer Defendants
(“Director and Officer Defendants”) (a) recklessly implemented a
strategy of rapid asset growth through approving a high concentration
of risky CRE, ADC and out-of-area loans to a small concentration of
high-volume borrowers; (b) failed to implement appropriate
underwriting and credit administration practices; (c) ignored the
Bank’s loan policies; (d) ignored federal lending regulations; and (e)
disregarded warnings from the Bank’s regulators regarding the Bank’s
lending activities.”

https://citizenwells.wordpress.com/2011/10/31/mutual-bank-amrish-mahajan-richard-barth-fdic-lawsuit-kenneth-j-conner-whistleblower-vindication-obama-rezko-land-deal/

There was a status hearing on the FDIC lawsuit on July 19, 2012.

https://citizenwells.wordpress.com/2012/07/12/obama-land-deal-loan-president-mahajan-fdic-lawsuit-status-hearing-july-19-2012-judge-virginia-m-kendall-rezkos-sold-lot-to-obamas/

What is happening in this FDIC case that touches Obama?

The wheels of justice can turn slowly under normal circumstances. They appear to be mired in tar or stop completely when they touch Obama.

No justice in Obama Justice Dept, New Black Panther Party dismissal, Judicial Watch, Obama appointees interfered with New Black Panther prosecution

No justice in Obama Justice Dept, New Black Panther Party dismissal, Judicial Watch, Obama appointees interfered with New Black Panther prosecution

“If you look at the victories and failures of the civil rights movement and its litigation strategy in the court, I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order and as long as I could pay for it I’d be OK

But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the Founding Fathers in the Constitution, at least as it’s been interpreted, and the Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the federal government can’t do to you, but doesn’t say what the federal government or state government must do on your behalf.

And that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was because the civil rights movement became so court-focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that.”…2001 Barack Obama interview on Chicago public radio station WBEZ

From The Washington Examiner July 30, 2012.
“Federal Court finds Obama appointees interfered with New Black Panther prosecution”

“A federal court in Washington, DC, held last week that political appointees appointed by President Obama did interfere with the Department of Justice’s prosecution of the New Black Panther Party.

The ruling came as part of a motion by the conservative legal watch dog group Judicial Watch, who had sued the DOJ in federal court to enforce a Freedom of Information Act (FOIA) request for documents pertaining to the the New Black Panthers case. Judicial Watch had secured many previously unavailable documents through their suit against DOJ and were now suing for attorneys’ fees.

Obama’s DOJ had claimed Judicial Watch was not entitled to attorney’s fees since “none of the records produced in this litigation evidenced any political interference whatsoever in” how the DOJ handled the New Black Panther Party case. But United States District Court Judge Reggie Walton disagreed. Citing a “series of emails” between Obama political appointees and career Justice lawyers, Walton writes:

The documents reveal that political appointees within DOJ were conferring about the status and resolution of the New Black Panther Party case in the days preceding the DOJ’s dismissal of claims in that case, which would appear to contradict Assistant Attorney General Perez’s testimony that political leadership was not involved in that decision. Surely the public has an interest in documents that cast doubt on the accuracy of government officials’ representations regarding the possible politicization of agency decision-making.

In sum, the Court concludes that three of the four fee entitlement factors weigh in favor of awarding fees to Judicial Watch. Therefore, Judicial Watch is both eligible and entitled to fees and costs, and the Court must now consider the reasonableness of Judicial Watch’s requested award.

The New Black Panthers case stems from a Election Day 2008 incident where two members of the New Black Panther Party were filmed outside a polling place intimidating voters and poll watchers by brandishing a billy club. Justice Department lawyers investigated the case, filed charges, and when the Panthers failed to respond, a federal court in Philadelphia entered a “default” against all the Panthers defendants. But after Obama was sworn in, the Justice Department reversed course, dismissed charges against three of the defendants, and let the fourth off with a narrowly tailored restraining order.

“The Court’s decision is another piece of evidence showing the Obama Justice Department is run by individuals who have a problem telling the truth,” Judicial Watch President Tom Fitton said. “The decision shows that we can’t trust the Obama Justice Department to fairly administer our nation’s voting and election laws.””


http://washingtonexaminer.com/federal-court-finds-obama-appointees-interfered-with-new-black-panther-prosecution/article/2503500?custom_click=rss

From Citizen Wells June 30, 2010.

“J. Christian Adams resigned recently as a voting rights attorney at the Justice Department.”

“On the day President Obama was elected, armed men wearing the black berets and jackboots of the New Black Panther Party were stationed at the entrance to a polling place in Philadelphia. They brandished a weapon and intimidated voters and poll watchers. After the election, the Justice Department brought a voter -intimidation case against the New Black Panther Party and those armed thugs. I and other Justice attorneys diligently pursued the case and obtained an entry of default after the defendants ignored the charges. Before a final judgment could be entered in May 2009, our superiors ordered us to dismiss the case.

The New Black Panther case was the simplest and most obvious violation of federal law I saw in my Justice Department career. Because of the corrupt nature of the dismissal, statements falsely characterizing the case and, most of all, indefensible orders for the career attorneys not to comply with lawful subpoenas investigating the dismissal, this month I resigned my position as a Department of Justice (DOJ) attorney.”


https://citizenwells.wordpress.com/2010/06/30/obama-and-us-justice-dept-corruption-obama-agenda-racial-bias-new-black-panther-party-case-dismissed-usdoj-attorney-j-christian-adams-retires-eric-holder/

Obamacare and no tort reform, Why healthcare costs skyrocketed, Why there is a doctor shortage, Obama and democrats in bed with attorneys and trial lawyers

Obamacare and no tort reform, Why healthcare costs skyrocketed, Why there is a doctor shortage, Obama and democrats in bed with attorneys and trial lawyers

“What I would be willing to do is to consider any ideas out there that would actually work in terms of reducing costs, improving the quality of patient care,”  “So far the evidence I’ve seen is that caps will not do that.”…Barack Obama

“Best case scenario: A high percentage of law school graduates, new attorneys, have already sold their soul to the devil or are in the process of doing so. Any auguments?”…Citizen Wells

“For our struggle is not against flesh and blood, but against the rulers, against the
authorities, against the powers of this dark world and against the spiritual
forces of evil in the heavenly realms”…Ephesians 6:12

What I am about to write about and explain is simple. It is very similar to governments taxing businesses. Doctors are businessmen as well as physicians.
When their cost of doing business rises, the costs are passed along to consumers, patients. It is that simple. The same applies to hospitals and pharmaceutical companies.

Doctors, just like any business person, must decide what service they will provide. They must weigh cost vs benefit and the current and potential risks they will take. Many areas of practice are too risky, especially in our litigious climate. This prevents many doctors from engaging in a type of practice or forces them to join larger groups.

This has been mostly downplayed or ignored by the mainstream media. News outlets like the NY Times have tap danced around the subject which is probably why some of my so called learned friends have been so ill informed. When George Bush brought up tort reform he was ridiculed. But Bush was right and he was not in bed with law firms and attorneys like Obama and the Democrats.

From the NY Times July 28, 2012.

“Doctor Shortage Likely to Worsen With Health Law”

“In the Inland Empire, an economically depressed region in Southern California, President Obama’s health care law is expected to extend insurance coverage to more than 300,000 people by 2014. But coverage will not necessarily translate into care: Local health experts doubt there will be enough doctors to meet the area’s needs. There are not enough now.

Other places around the country, including the Mississippi Delta, Detroit and suburban Phoenix, face similar problems. The Association of American Medical Colleges estimates that in 2015 the country will have 62,900 fewer doctors than needed. And that number will more than double by 2025, as the expansion of insurance coverage and the aging of baby boomers drive up demand for care. Even without the health care law, the shortfall of doctors in 2025 would still exceed 100,000.

Health experts, including many who support the law, say there is little that the government or the medical profession will be able to do to close the gap by 2014, when the law begins extending coverage to about 30 million Americans. It typically takes a decade to train a doctor.

“We have a shortage of every kind of doctor, except for plastic surgeons and dermatologists,” said Dr. G. Richard Olds, the dean of the new medical school at the University of California, Riverside, founded in part to address the region’s doctor shortage. “We’ll have a 5,000-physician shortage in 10 years, no matter what anybody does.”

Experts describe a doctor shortage as an “invisible problem.” Patients still get care, but the process is often slow and difficult. In Riverside, it has left residents driving long distances to doctors, languishing on waiting lists, overusing emergency rooms and even forgoing care.

“It results in delayed care and higher levels of acuity,” said Dustin Corcoran, the chief executive of the California Medical Association, which represents 35,000 physicians. People “access the health care system through the emergency department, rather than establishing a relationship with a primary care physician who might keep them from getting sicker.”

In the Inland Empire, encompassing the counties of Riverside and San Bernardino, the shortage of doctors is already severe. The population of Riverside County swelled42 percent in the 2000s, gaining more than 644,000 people. It has continued to grow despite the collapse of one of the country’s biggest property bubbles and a jobless rate of 11.8 percent in the Riverside-San Bernardino-Ontario metro area.

But the growth in the number of physicians has lagged, in no small part because the area has trouble attracting doctors, who might make more money and prefer living in nearby Orange County or Los Angeles.”
“The pool of doctors has not kept pace, and will not, health experts said. Medical school enrollment is increasing, but not as fast as the population. The number of training positions for medical school graduates is lagging. Younger doctors are on average working fewer hours than their predecessors. And about a third of the country’s doctors are 55 or older, and nearing retirement.

Physician compensation is also an issue. The proportion of medical students choosing to enter primary care has declined in the past 15 years, as average earnings for primary care doctors and specialists, like orthopedic surgeons and radiologists, have diverged. A study by the Medical Group Management Association found that in 2010, primary care doctors made about $200,000 a year. Specialists often made twice as much.”

http://www.nytimes.com/2012/07/29/health/policy/too-few-doctors-in-many-us-communities.html?_r=3&partner=MYWAY&ei=5065

The Times did not mention the cost of malpractice insurance or tort reform and blamed the problem on the aging baby boomers and alleged increased coverage from Obamacare.

From Forbes May 5, 2008.

“Reasons Not To Become A Doctor”

“The American Medical Association recognizes there are shortages in certain geographic areas and in certain specialties. Part of that is due to the aging population and a stagnant number of medical-school applicants.

But there are other significant reasons. They include the increasing costs of medical malpractice coverage, higher practice costs, lower insurance reimbursement rates and insurance-company restrictions resulting in less autonomy over how patients are cared for.”
“Reasons Not To Become A Doctor”

“But for potential physicians, there is a future of looming medical-school debt, which is higher than ever. Students who graduate from a public medical school have a median debt of $100,000; private-school students graduate with a median debt of $135,000, according to a 2003 study by the Association of American Medical Colleges. Compare that with 1984, when median debt for public-school graduates was $22,000 and private-school students was $27,000.

Monthly payment on a debt of $150,000 at the end of residency at an interest rate of 2.8% is $1,761, according to the study.

The amount of time it takes to pay off debt depends on the specialty. The average physician’s net income, adjusted for inflation, declined 7% between 1995 and 2003, according to the Center for Studying Health System Change. In order to enter the most lucrative specialties, like radiology, ophthalmology, anesthesiology and dermatology, doctors must continue with their training into their 30s. That means they can’t start chipping away at their debt–let alone make money–until a time by which their counterparts in law or business are usually prospering.

Meanwhile, getting sued by a patient is a major concern. Of course, doctors who make fatal mistakes and who are unqualified should be held responsible. But there’s evidence that the bulk of lawsuits brought are frivolous. Of all malpractice lawsuits brought to jury trial in 2004, the defendant won 91% of the time. Only 6% of all lawsuits go to trial; those that aren’t thrown out are settled. Only 27% of all claims made against doctors result in money awarded to the plaintiff, according to Smarr, president of the trade association for medical malpractice companies.

Regardless, doctors need to defend themselves against the possibility of damages–and that’s an extremely expensive proposition. It takes about four-and-a-half years from the start of a lawsuit to the end, and the average cost to the defense in legal fees was $94,284 in 2004, according to the American Medical Association.

Many states are trying to establish laws to protect doctors from baseless suits. Texas went from the state with the most lawsuits filed to the only state that wrote tort reform into its constitution after its citizens voted it into law. Since tort reform was enacted in 2004, the yearly premium doctors pay in Texas for malpractice insurance has dropped by 40%. Now, the most plaintiffs can recoup for emotional damages is $250,000 from doctors and $500,000 from hospitals. Most interestingly, the number of claims filed against doctors has dropped by about half.”

http://www.forbes.com/2008/05/05/physicians-training-prospects-lead-careers-cx_tw_0505doctors.html

From the Concord Monitor March 13, 2008.

“Cost of malpractice insurance forcing doctors to leave high-risk specialties

Lawyers benefit from huge damage awards”

“I am an emergency physician. I care for about 5,000 patients a year. I have been practicing for 12 years and thus have cared for roughly 60,000 patients.

I receive deep satisfaction from my job and the privilege of the “laying on of hands” as the physician-patient relationship is called in medical school. Most of the time, I rely on the good graces and expertise of the primary care physicians, surgeons and many other specialists to help take care of the people who come to me seeking help. However, recent trends suggest that our hospitals’ ability to deliver that care with the help of appropriate specialists is eroding.

A great deal of this quiet but steadily growing crisis is caused by the direct and indirect costs of medical malpractice. The article about the malpractice suit involving Dr. Eric Leefmans (“Man wins $1.75 million suit against area doctor,” Sunday Monitor, March 9) demands a response from the medical community.”

“In New Hampshire, many physicians are leaving as malpractice insurance costs soar. Specialty physicians have experienced a 50 percent increase in premiums from five years ago. The average premium is now close to $100,000 for obstetricians and neurosurgeons.

Soaring insurance costs

Concord and Manchester have seen a significant decrease in subspecialty coverage in the past five years, including neurosurgical and oral surgery coverage for call. Several small hospitals in the state practice without an anesthesiologist. Only one obstetrician remains to deliver babies in the northern part of the state. Locally, many subspecialty groups have had significant challenges recruiting new physicians to practice in this area. General surgery, one of the most coveted residencies just 10 years ago, now struggles to fill residency positions. Several recent studies and articles predict a significant and increasing gap between the demand and availability of physicians of all types.”
“Our medical system is going through significant difficulties, including increasing health insurance costs, a growing uninsured population, rising medical costs and loss of specialists and primary care physicians. However, the cost of malpractice contributes to those problems – while making less money available to care for the uninsured. The U.S. Department of Health and Human Services has estimated medical liability costs add $60 billion to $108 billion to the cost of health care each year. Interestingly, the estimated annual cost of covering all of the uninsured patients in the United States is $100 billion.”

http://www.concordmonitor.com/article/cost-of-malpractice-insurance-forcing-doctors-to-leave-high-risk-specialties?SESS0da5adf917ca993fd9972fb4069845a6=google&page=full

Why was tort reform not included in Obamacare?

From the NY Times March 23, 2000.

“To trial lawyers, especially those involved in the tobacco litigation, Mr. Bush has become their worst nightmare. He has made attacks on lawyers a campaign centerpiece, pointing with pride to his record in Texas of curbing civil litigation, capping legal fees and limiting jury awards.”

“To that end, while trial lawyers have long been heavy Democratic Party donors, the prospect of a Bush candidacy, along with the possibility that like-minded Republicans would retain control of Congress, has ratcheted up the stakes, and the donations.”

http://www.nytimes.com/2000/03/23/us/trial-lawyers-pour-money-into-democrats-chests.html?pagewanted=all&src=pm

Why Obama ignores tort reform?

Top Recipients, 2011-2012

Candidate Office Amount
Obama, Barack (D)    $12,116,092
Romney, Mitt (R)    $5,205,273
Gillibrand, Kirsten (D-NY) Senate  $1,999,202
Nelson, Bill (D-FL) Senate  $1,376,064
Warren, Elizabeth (D-MA)    $1,158,556

http://www.opensecrets.org/industries/indus.php?ind=K01

Don’t be fooled by the false logic arguments, Orwellian wordsmithing and smooth talking devil attorneys. I have spoken to many physicians over the years and they all echoed the statements of the doctor above.

Oh, and did I mention John Edwards?

July 29, 2012, Gas prices up, Obama energy policy rewards friends punishes Americans, Alaska island giveaway to Russians, Keystone Pipeline, Canada China oil deal

July 29, 2012, Gas prices up, Obama energy policy rewards friends punishes Americans, Alaska island giveaway to Russians, Keystone Pipeline, Canada China oil deal

“For the well-off in this country, high gas prices are mostly an annoyance, but to most Americans they’re a huge problem, bordering on a crisis.”…Barack Obama May 2008

“We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK,”…Barack Obama May 2008

rising energy costs “one of the most dangerous and urgent threats this nation has ever faced” gas prices “are wiping out paychecks and straining businesses.”
Barack Obama August 2008

Gas prices are going back up and currently average $ 3.49 in the US. One of the biggest reasons gasoline prices have not risen further is the downturn in the US and world economies.

From the NY Times June 13, 2012.

“Mark Juull, a construction contractor for public and residential housing, has something to be thankful for in this sluggish economy: With global commodity prices falling, he’s saving $200 a week on fuel for his three trucks and finding deals on aluminum, lumber and roof shingles, which are typically made from petroleum.”

“Over the last month, global oil prices have declined by about 12 percent, while corn, copper, lead, cocoa and coffee have all dropped by 5 percent or more. Prices of corn, cocoa, oats, cotton, rubber, coffee, aluminum, silver, zinc and nickel are all more than 20 percent lower than a year ago.

Gasoline prices are falling precipitously, too, down nearly 20 cents over the last month alone, to a national average of $3.54 a gallon on Wednesday. That is nearly 45 cents below the high for the year reached in early April. The average household consumes 1,200 gallons of gasoline a year, so every dime shaved off the price of gas translates into a $120 annual savings, according to the Oil Price Information Service.

“The world economy is in risk of a recession and on that possibility, commodity prices weaken,” said Allen L. Sinai, chief global economist for Decision Economics, a consulting firm. “Lower inflation comes with weakening economies.”

Oil is among the commodities that have fallen in price the fastest despite continuing tensions in the Middle East and the tightening sanctions on Iran. OPEC production has been soaring in recent months because of mushrooming crude exports from Iraq, an almost total resumption of exports from Libya since the fall of the Qaddafi dictatorship, and a concerted drive by Saudi Arabia to push up production. At a meeting in Vienna on Thursday, OPEC is expected to decide to keep production steady despite weakening prices.”

http://www.nytimes.com/2012/06/14/business/economy/weak-economys-mixed-blessing-falling-commodity-prices.html

In 2009 when Obama took office, gasoline averaged around $ 1.85 a gallon. Here is a chart of gasoline prices for the last 3 years.

A long time commenter here brought this to my attention.

From WND February 16, 2012.

“The Obama administration, despite the nation’s economic woes, effectively killed the job-producing Keystone Pipeline last month. The Arab Spring is turning the oil production of Libya and other Arab nations over to the Muslim Brotherhood. Iraq is distancing itself from the U.S. And everyone recognizes that Iran, whose crude supplies are critical to the European economy, will do anything it can to frustrate America’s strategic interests. In the face of all of this, Obama insists on cutting back U.S. oil potential with outrageous restrictions.”

“Part of Obama’s apparent war against U.S. energy independence includes a foreign-aid program that directly threatens my state’s sovereign territory. Obama’s State Department is giving away seven strategic, resource-laden Alaskan islands to the Russians. Yes, to the Putin regime in the Kremlin.

The seven endangered islands in the Arctic Ocean and Bering Sea include one the size of Rhode Island and Delaware combined. The Russians are also to get the tens of thousands of square miles of oil-rich seabeds surrounding the islands. The Department of Interior estimates billions of barrels of oil are at stake.

The State Department has undertaken the giveaway in the guise of a maritime boundary agreement between Alaska and Siberia. Astoundingly, our federal government itself drew the line to put these seven Alaskan islands on the Russian side. But as an executive agreement, it could be reversed with the stroke of a pen by President Obama or Secretary Clinton.

The agreement was negotiated in total secrecy. The state of Alaska was not allowed to participate in the negotiations, nor was the public given any opportunity for comment. This is despite the fact the Alaska Legislature has passed resolutions of opposition – but the State Department doesn’t seem to care.

The imperiled Arctic Ocean islands include Wrangel, Bennett, Jeannette and Henrietta. Wrangel became American in 1881 with the landing of the U.S. Revenue Marine ship Thomas Corwin. The landing party included the famed naturalist John Muir. It is 3,000 square miles in size.

Northwest of Wrangel are the DeLong Islands, named for George Washington DeLong, the captain of USS Jeannette. Also in 1881, he discovered and claimed these three islands for the United States. He named them for the voyage co-sponsor, New York City newspaper publisher James Gordon Bennett. The ship’s crew received a hero’s welcome back in Washington, and Congress awarded them gold medals.

In the Bering Sea at the far west end of the Aleutian chain are Copper Island, Sea Lion Rock and Sea Otter Rock. They were ceded to the U.S. in Seward’s 1867 treaty with Russia.

Now is the time for the Obama administration to stand up for U.S. and Alaskan rights and invaluable resources. The State Department’s maritime agreement is a loser – it gives us nothing in return for giving up Alaska’s sovereign territory and invaluable resources. We won the Cold War and should start acting like it.”

http://www.wnd.com/2012/02/obamas-giveaway-oil-rich-islands-to-russia/

 

And now we learn.

From Patriot Update July 28, 2012.

“After Obama Blocks Pipeline, China Readies $15.1B Canadian Oil Deal”

“When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.

Now, with China’s state-run oil company CNOOC poised to cut a $15.1 billion deal–the largest ever foreign acquisition for a Chinese company–with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.

In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:

I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.

Similarly, Rep. Pelosi is now sounding alarms of concern. In a statement, Pelosi spokesperson Drew Hamill said:

This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.

Saying “I told you so” offers little solace to concerned Republican lawmakers.”

http://patriotupdate.com/26926/after-obama-blocks-pipeline-china-readies-15-1b-canadian-oil-deal

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

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

“The United States economy has lost more jobs than it has added since the recovery began over a year ago.”…NY Times Sept. 20, 2010.

“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

“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

Yesterday, July 26, 2012, we learned that NC had the second largest  initial claims for unemployment in the nation.

“The largest increases in initial claims for the week ending July 14 were in California (+26,244), North Carolina (+11,948), Georgia (+8,372), Alabama (+4,148), and Oregon (+3,019)”

https://citizenwells.wordpress.com/2012/07/26/nc-unemployment-claims-second-highest-in-nation-july-26-2012-11948-claims-second-only-to-ca-nc-labor-force-decreased-and-jobs-lost/

Today the news is even bleaker.

From the NC Dept. of Commerce 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.

Scotland County recorded June’s highest unemployment rate at 17.6 percent, 0.6 of a percentage point higher than last month. Graham County had the second-highest rate at 15.2 percent. Currituck County had the lowest unemployment rate at 5.3 percent, followed by Orange, 7.1 percent; and Chatham & Henderson,
7.3 percent.

The unemployment rates increased in all 14 of the state’s Metropolitan Statistical Areas (Metros). The Rocky Mount Metro had the highest unemployment rate in June at 13.2 percent. The Asheville & Durham/Chapel Hill Metros reported the month’s lowest unemployment rates at 7.9 percent, which increased 0.3 of a percentage point for Asheville and 0.5 of a percentage point for Durham/Chapel Hill. Raleigh/Cary followed at 8.0 percent.”

http://www.ncesc1.com/pmi/rates/PressReleases/County/NR_June2012CountyRateRelease_M.pdf

Mecklenburg County, mostly consisting of Charlotte, NC, the site of the 2012 Democrat Convention, had an unemployment rate increase from May to June of .3 to a rate of 9.9 percent. Adjacent county to the west, Gaston, went from 10.2 to 10.9 percent.  Guilford County, containing both Greensboro and High Point had an increase from 9.6 to 10.3 percent.

I am certain that Obama will portray this as utopian conditions.

Stuart Levine death threat, Who benefits most from Levine death?, Who benefited most from death of Jones Young Lt. Harris Kelly Gwatney Breitbart?, Obama knowledge lethal

Stuart Levine death threat, Who benefits most from Levine death?, Who benefited most from death of Jones Young Lt. Harris Kelly Gwatney Breitbart?, Obama knowledge lethal

“Why did the Illinois Senate Health & Human Services Committee, with Obama as chairman, create and push Bill 1332, “Illinois Health Facilities Planning Act,” early in 2003, which reduced the number of members on the Board from 15 to 9, just prior to rigging by Tony Rezko and Rod Blagojevich?”…Citizen Wells

“Thomas said Rezko floated the names of several people to sit on the Illinois Health Facilities Planning Board, which the government claims Rezko corrupted with the help of board member Stuart Levine. And Thomas said Rezko at one point made it clear that he wanted to see Levine reappointed to the panel, which was being overhauled by the governor in 2003.”…Rezko trial March 11, 2008

“At Rod Blagojevich’s December sentencing Assistant U.S. Attorney Reid Schar called Levine one of the most significant cooperators the Dirksen Federal Courthouse had ever seen.”…Natasha Korecki, Chicago SunTimes

Who benefited most from the suicide/murder of Orlando Jones?

Who benefited most from the murder of Donald Young?

Who benefited most from the murder of Lt. Quarles Harris Jr.?

Who benefited most from the suicide/murder of Christopher Kelly?

Who benefited most from the murder of Bill Gwatney?

Who benefited most from the death/murder of Andrew Breitbart?

Tony Rezko is in prison.

Rod Blagojevich is in prison.

Who would benefit most from Stuart Levine’s death?

Not sure?

Stuart Levine worked closely with Tony Rezko and they both had close associations with Barack Obama.

If you have not shared this video or wiretaps with your friends & associates, shame on you.