Tag Archives: Unemployment

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.

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

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

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

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

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

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

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

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

Obama lies, Mortgage crisis, Unemployment, December 14, 2009, Obama Bankers meeting, ACORN, Democrats, Barney Frank, Maxine Waters, Fannie Mae, Freddie Mac, Obama ACORN and Democrats caused housing and jobs crisis

“ACORN’s alliance with the Democratic Party is at the root of the current financial meltdown. And Barack Obama has stayed true to ACORN’s ways.”…Stanley Kurtz

 

Obama

Lies

Mortgage, Unemployment Crisis

Who is to blame?

 

The lying, SOB, usurper, Barack Obama is meeting with bankers today. Obama is attempting, once again, to coerce banks to lend money to people who cannot afford the loans. Consistent with his trend of lying, he blames the bankers for the mortgage and unemployment crisis.

However, facts and reality are not on Obama’s side.

The Citizen Wells has provided numerous articles on ACORN corruption, ACORN’s involvement in pressuring banks to make risky loans and Barack Obama’s long time ties to ACORN.

An article dated September 15, 2009 is loaded with facts that indict Obama and ACORN.

October 8, 2008 – Straight from the horse’s mouth

“ACORN Report
The ACORN Report is published by ACORN’s National Office and contains up-to-date information. We have ACORN Reports indexed by date and topic available.”

“City Limits February 1999
During its 15 years in New York City, ACORN has helped squatters claim derelict city-owned property, forced bankers to invest in low-income communities, and organized a war against the city’s workfare program.

It’s also developed a reputation for no-holds-barred tactics—getting results through adversarial campaigns against bankers, politicians and bureaucrats using confrontation and concession rather than consensus. ACORN, unlike most social service non-profits, scorns charity. Their goal is to help poor people seize power.”

This comes straight from the Acorn national office.
Note the following:

“Their goal is to help poor people seize power”

October 13, 2008 – Acorn contribution to mortgage crisis

“FOR years, ACORN had combined manipulation of the CRA with intimidation-protest tactics to force banks to lower credit standards. Its crusade, with help from Democrats in Congress, to push these high-risk “subprime” loans on banks is at the root of today’s economic meltdown.””

““Instead, Democrats like Rep. Barney Frank (D-Mass.) and Reps. Kennedy and Waters allied with the Clinton administration to broaden the acceptability of risky subprime loans throughout the financial system, thus precipitating our current crisis.

ACORN had come to Congress not only to protect the CRA from GOP reforms but also to expand the reach of quota-based lending to Fannie, Freddie and beyond. By steamrolling the GOP that March, it had crushed the last potential barrier to “change.”””

““ACORN’s alliance with the Democratic Party is at the root of the current financial meltdown. And Barack Obama has stayed true to ACORN’s ways.””

The Truth about Obama and ACORN

September 28, 2009 – Bank of America and other banks ignored warnings

“Do any Catholics work for Bank of America?
From Catholic News Service October 16, 2008.

“Bank of America takes recent allegations made against Acorn and Acorn Housing Corporation employees very seriously,”
What planet has Bank of America been on the past year?

Is this indicative of the power of the mainstream media?

Was Bank of America controlled by the Democrats or Obama camp?

No wonder Bank of America had financial problems.”

Bank of America ignored warnings

Fox News reports on Obama meeting with bankers, December 14, 2009

“White House Tells Bankers to Boost Lending After Bailout Successes”

“President Obama is calling on the financial industry to help dig the economy out of the pit the White House says it helped create, as the president and bank executives headed into a potentially tense meeting Monday morning.”

“The president set the tone for the meeting in an interview broadcast the night before in which he called Wall Street bankers “fat cats” whom he has little obligation to help. In response, the bankers plan to tell the president to stop oversimplifying their concerns.”

“”What the president’s going to say to the bankers is, you guys were part of the problem, you helped create an economic crisis here that cost 7 million Americans their jobs and now you have to be part of the solution,” White House senior adviser David Axelrod said on ABC’s “Good Morning America.”

Axelrod said the industry has to “accelerate lending to credible small businesses” and suggested Congress would take harsh action against the sector if it does not.

“People are not going to tolerate a situation where the bankers have a party, they pick up the tab and then the bankers pay themselves huge bonuses and they’re not lending,” Axelrod said, adding that bankers should be awarded with long-term stock as opposed to up-front cash bonuses.

The White House also wants Wall Street to fall in line with Obama and back a proposal for a consumer protection agency that cleared the House last week.”

“”He can say what he wants, but we’re not going to go back to the kind of lending that put us in this mess,” said a person who is helping prepare executives for the meeting but spoke anonymously because of lack of authorization to discuss the plans.”

Read more:

http://www.foxnews.com/politics/2009/12/14/obama-slams-fat-cat-bankers-eve-meeting/

I, for one, am fed up with the lies and manipulation coming from the lying SOB Obama and cronies such as David Axelrod. I am asking you to spread this information far and wide. The American people must know the truth.

Obama’s Chicago mess, Barack Obama, Chicago, Crime, Corruption, Unemployment, Antoine Members, Youtube video, Chicago Southside

Antoine Members is running for Congress to represent Obama’s Southside area. The following is from his website:

“I am a lifelong resident of Chicago, born and raised on the Westside and now residing on the Southside.

A family man, I am married to my beautiful wife, Tònia, and have two wonderful children, Destiny and Journey.”

” I am running because the good people of the 1st district need employment, protection, and opportunities. The people we have continually selected to represent our concerns have only represented themselves by creating legislation that benefits the special interest groups they have indebted themselves to. The problems our district continues to face have not been dealt with. If we continue on this path of electing politicians that do nothing for our communities, we will continue to receive the same results.

 

For the past 16 years, many of our children have not learned to read, and many have fallen far behind their appropriate grade levels. These educational challenges have lead to discouragement and exorbitant school dropout.

 

For the past 16 years, jobs in our district have drastically decreased, and constructive activities to empower youth after school, on weekends and during the summer have disappeared.

 

It is time to leave the past 16 years of job loss, increased violence, and lack of opportunities behind us. I want to create opportunities for small, mid-size, and large businesses to operate in our district because too many of our jobs are being shipped overseas causing fellow Americans to be out of work.”

Visit Antoine Member’s website here:

http://AntoineMembers.com

Antoine Members has created a Youtube video about Obama and Southside Chicago. View the video here:

If you have concerns about Obama, view the Petition to Impeach, expel Senator Obama:

http://obamaimpeachment.org