Category Archives: Economy

Then There’s Obama’s Economic Recovery Recession

There’s a reason the news has been consumed by things like the debt ceiling, continuing resolutions, and Obamacare. They can be easily demagogued and republicans can, and will, be blamed for all of it by the administration and the compliant media.

When it comes to the economy and related numbers, income is down, poverty is up.  It’s no longer possible to blame Bush for it. This is Obama’s failed economy. No one else’s.

Try as they might, there are some out there that tout it as a resounding success. Like MSNBC’s Ed Shultz. He can’t believe that only 45% of Americans believe Obama’s handling of he economy is good! And that was a month ago.

“It amazes me that people don’t love Obama…It just amazes me he can’t get above 50 percent when it comes to a favorable view of the economy.”

Ed then touts how the stock market is going through the roof and how Obama has been “hands off” on Wall Street. Oh really? The stock market has been artificially pumped up for years with the Quantitative Easing from Federal Reserve. Printing trillions of dollars that is not going to main street. It’s being used on Wall Street, and, is a major contributor to the widening gap in income between the wealthiest Americans and the rest of us. And that’s why any hint that the QE printing presses will be cut back causes the stock market to come down off its QE high. While Ed Shultz is touting this great stock market, and  how wonderful the economy’s doing, here comes Ben Bernanke, the chairman of the Federal Reserve saying, “Oh, no it’s not, and if we don’t continue to pump $1 trillion a year into it, it’s gonna plunge.”

On Main Street, the picture is not any better. In fact, it’s much worse.

According to the Census report, the high point for median household income in the United States was back in 1999 ($56,080). It almost got back to that level in 2007 ($55,627), but ever since then there has been a steady decline. The following figures come directly from the report, and as you can see, median household income has fallen every single year for the past five years…

  • 2007: $55,627
  • 2008: $53,644
  • 2009: $53,285
  • 2010: $51,892
  • 2011: $51,100
  • 2012: $51,017

You also didn’t know that there are six counties in America where the median income is over twice the national median.  Four of those counties are suburban Washington.  The median income in those counties is it $101,000. And now that Obama has exempted them from the Healthcare Exchanges, making you pay 75% of their health insurance policy, the political class is doing just fine.

The new Census report also revealed that 46.5 million Americans are living in poverty. During the four years that marked President Barack Obama’s first term in office, the real median income of American households dropped by $2,627 and the number of people on poverty increased by about 6,667,000, according to data released by the Census Bureau.

Right now, one out of every five households in the United States is on food stamps. Keep in mind too that the increased cost and fines associated with Obamacare have not been fully realized yet. That will only make things worse. There are lots of troubling signs as we get ready to head into the fall season…

  • -Total mortgage activity has dropped to the lowest level that we have seen since October 2008.
  • -One of the largest furniture manufacturers in America was just forced into bankruptcy.
  • -According to the Wall Street Journal, the 2013 holiday shopping season is already being projected to be the worst that we have seen since 2009.

Oh but it doesn’t stop there. The administration will say that two million jobs were created last year? What kind?  Lower paying and part-time jobs primarily in the service ObamaUnemploymentMathindustries, some of which are second and third jobs people are taking just to make ends meet. The sad fact is that over two million jobs have been lost from the entire labor force since Obama took office. Counting unemployment the way it used to be counted, the rate would be well over 14 percent, known as the U-6 by the BLS.

But those falling median income numbers still don’t tell the whole story. Breaking it down by ethnicity, you’ll see that the strongest voting block for Democrats is hurting the most, and by far.

“The median income for non-Hispanic White households was $57,009, and it was $33,321 for Black households,” which is falling, after nearly five years of the first Black president. Black unemployment remains the highest in the country, Black median income at the lowest.  Teen Black unemployment is unacceptably, almost criminally high. With results like this, it is puzzling why the Black population votes by 93% every four years for the Democrat candidate. Under both White and Black Democrat presidents, it should be obvious that Obama’s skin color didn’t improve their circumstances one iota. In fact, they got worse. The promises are always there. They’re fighting for you. Bla Bla Bla. Have the Democrats fulfilled their promise? Are you gaining, or losing? That’s the only question you need to ask yourself. And the answer, no mater the color of your skin, is losing. At best, it’s time to realize which party can help your situation. At worst, you can ask yourself, “What do I have to lose?”

Obamacare And The Separation Of Powers

Let’s not pretend to be so shocked that the House of Representatives wants to fund the government, but not Obamacare. The latest iteration of House Republicans obamacare-you-lie-obama-politics-1341488584negotiating with themselves has melted down to merely extending the same exemptions that Obama illegally gave businesses (until after the mid-term elections) to you and me. Ordinary citizens without the deep pockets.

Obama and his believers in the media will say, hey, it’s the law. You have to fund it. Well, the ACA may be the law, for now, but it is anything but normal.

Beginning with its origination. This law was written to the exclusion of all Republican lawmakers. Mistake #1. Who’s surprised that the country is divided on this? This law was not voted on and approved by the House. Instead, it was “deemed passed” by then Speaker Pelosi (D-CA). Mistake #2. Who’s surprised that the country is divided on this? This law is not performing as it was promised when “sold” to the American people, from the quality of care, keep your doctor, keep your plan, lower cost, no increase in national debt. The opposite is proving to be true about this bill. “Legal” or otherwise. Who’s surprised that the country is divided on this? Mistake #3. There is no budget here to debate over. Obama hasn’t had a budget to abide by since Bush’s last one. During all of Obama’s years, he and congress have been flying by the seat of their pants (where their brains are), and have been operating on CR’s ever since.

As for the Supreme Court ruling on it. That was only about whether the Federal Government can force you to pay for it. Contrary to all of Obama’s and the supporters of the ACA’s arguments up to that point, the Supremes said, with the aid of Chief Justice Roberts, that Congress has the power to tax, so it was a tax. Obama’s lawyers argued all along that it was not a tax, but was a penalty, a fine. Roberts had to change their argument in order to declare it constitutional. Whether the Constitution permits the Federal Government to force citizens to buy a product was not addressed.

Since Obama and Reid have said they’re not willing to talk or negotiate with the House leadership, the House has only one recourse left to them under the Constitution. And that is, the House controls the purse. Not funding the disaster is all that is left. On this, the House must stand their ground. If for no other reason than to force The White House and the Senate to abide by the Constitution as our founders intended.

It’s not the House’s fault that Obama and Reid can’t live with this separation of powers that the founding fathers designed. It’s up to Obama and Reid to not only comply with the Constitution, but to embrace it. Negotiate, and come up with a mutual resolution. Not to demagogue the House with its “my way or the highway” approach. That’s a dictatorship, not a constitutional republic.

Obamacare In One Sentence

The video, “Obamacare Summed Up In One Sentence” features Dr. Barbara Bellar, a doctor from Chicago who ran for an Illinois State Senate seat last year. Appearing here at a Women for Romney rally. Although this video is already a year old, there’s nothing about its content that is obsolete. And, it’s pretty funny. A transcript of the video is below.

“So, let me get this straight (this is a long sentence), we’re going to be gifted with a healthcare plan we are forced to purchase, and fined if we don’t, which purportedly covers at least ten million more people, without adding a single new doctor, but provides for 16,000 new IRS agents, written by a committee whose chairman says he doesn’t understand it, passed by a congress that didn’t read it, but exempted themselves from it, and signed by a president who smokes, with funding administered by a treasury chief who didn’t pay his taxes, for which we will be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, all to be overseen by a surgeon general who is obese, and financed by a country that’s broke.  So what the blank could possibly go wrong?”

h/t The Blaze   |  Janine

Funds Cookie Monster, Not Survivors Of Fallen Or Cancer Clinical Trials

In yet another example of how spiteful, childish, and hateful President Obama and his regime is when they don’t get their way, on the first day of the so-called government shutdown, the Corporation for Public Broadcasting receives $445 million from the government, according to the government. Funding for clinical trials in cancer research by the National Institute of Health for children, funeral and death benefits for our soldiers killed in Afghanistan and their family members? Not so much.

Links: After Shutdown: Administration Gives $445,000,000 to Corporation for Public Broadcasting  |  Mother of fallen soldier denied death benefits: ‘I won’t ever understand it’  |  From Therapy Dogs To New Patients, Federal Shutdown Hits NIH

Tea Party ‘Don’t Raise The Debt Limit’ Demonstration Saturday

Just a note from the Pensacola Tea Party about a demonstration in front of University Mall, or what once was University Mall, this Saturday Noon-2PM.

Although the Rally in Washington, D.C. on October 12 has been postponed local groups intend to Rally and be on the same subject. The Administration wants to raise the Debt Limit and waste even more hard earned tax dollars. Many of those dollars are sent to other countries, some of which do not like us at all. There is sufficient tax money coming in to meet all obligations and there is no need to raise the National Debt to 18 Trillion dollars! This Administration added 159 new bureaus to add to the Union rolls, increase union dues and spend the money against the American public needs! DO NOT RAISE LIMIT!

It’s just amazing how words have absolutely no meaning to people in Washington. Here are two that mean absolutely nothing to President Obama and his party.

Limit and Border

If you’ve had enough of this lawless administration, come out and be seen. Bring a home-made sign with you. (The SEIU won’t be printing them up for you. You’re the opposition.)

Tell President Obama to live by the current debt limit, or resign.

Check out the national Tea Party Patriots website for a protest near you.

Barack Obama, Governing By Tantrum

President Obama certainly is enjoying HIS government shutdown. To be sure, it is his and Senate majority leader Harry Reed’s government shutdown.obama-always-a-cry-baby

Beginning with how he despises America so much as to smother it in debt and unaffordable so-called entitlement programs while breaking and selectively enforcing laws, some of which (Obamacare) are of his own making.

And now, in response to Republicans in the House to wanting to put an end to this reckless and lawless administration, to return the country within the bounds of the constitution and fiscal sanity, President Obama is governing by his temper tantrum. Described by one Park Ranger succinctly, “We’ve been told to make life as difficult for people as we can. It’s disgusting.”

No surprise here! It’s what community organizers do.

Things like this is what our childish and vindictive President is responsible for . . .

  • Blocking access by WWII veterans (and everyone else) to the WWII Memorial.
  • Blocking access to roadside view parking to Mount Rushmore.
  • Blocking access to the Matrin Luther King Jr. Memorial. An unstaffed, open at all times Memorial.
  • Blocking access and evicting people (senior citizens) from their private residences around Lake Mead.
  • Blocking access to the parking lots at Mt. Vernon. The home of George Washington, is privately owned by the Mount Vernon Ladies’ Association. But the parking lots are jointly owned by the Mount Vernon Ladies’ Association and the Park Service.
  • Blocking access and use of the Ocean. 1,100 square miles of Florida Bay. The area between the southern tip of Florida and the Florida Keys is a prime fishing area.
  • Shutting down the Amber Alert website. During the shutdown, they have a link pointing to the National Center for Missing and Exploited Children (NCMEC) “to serve in a clearinghouse capacity for the AMBER Alert program and to aid in the dissemination of AMBER Alert information.”
  • They did not shut down Michelle Obama’s Let’s Move website.
  • The golf course at Andrews AFB, where Obama plays, remains open.

This is the tyrant you were warned about. This is what you get when a media refuses to vet a presidential candidate. You elected a community organizer. You got a community organizer. Only on a national level.

Big Labor Paid Protestors At WWII Memorial

15_dollar_protestor
Hey, I got paid $15. Yipee!

In yet another example of just how morally bankrupt the Democrat party machine is, they have astroturf  protestors show up to protest at the WWII memorial, posing as federal employees.

Embarrassed by all the media attention given to the Honor Flights that were met with barrier fencing, and not letting a crisis go to waste, an organization called the “Good Jobs Nation,” an activist group largely financed by unions, including the Service Employees International Union, the International Brotherhood of Teamsters, the United Farm Workers and the United Food and Commercial Workers, were paid $15 each to pose as federal employees protesting the government shutdown for the media crowd that was already there.

Not a word about it in the New York Times.

The Times did have one article saying how the Honor Flights were now being allowed. Thanks to a guy named Jeff Miller. I’m presuming it is my representative Jeff Miller (R-FL1), but you’d never know it from the New York Times article.

Jeff Miller, the co-founder of the Honor Flight Network, which flies veterans to Washington to see the memorial built in their honor, welcomed the news.

Links: Democrats Pay Union Members to Protest World War II Vets  |  World War II Memorial Will Stay Open to Veterans

Government Is Too Intrusive When

It is amusing, not, to see how the administration is administering the government shutdown. In classic community organizer style, he makes sure he pokes the 720px-US-FederalHousingAdmin-Logo.svgAmerican people in the eye over it while at the same time blaming Republicans for it. He ends White House tours. He closes the WWII memorial so our greatest generation can’t see it. Closes the MLK Jr. monument. Neither of which need anyone to oversee or “manage” them. It’s all the politically calculated machinations he goes through to kick-off the Democrats’ 2014 mid-term election talking points.

But did you know that this government shutdown this administration is imposing will have a deleterious effect to the housing market recovery when it is most needed? How could the government be in the way of you buying a home? What do they have to do with it, you might ask? The answer is, more than 90% of all loan activity is underwritten, insured, or owned by the government and its affiliated entities. That’s how. The by-product of “reform” taking the shape of government control.

Link: Government Shutdown Risks Hurting The Housing Recovery

 

Obamacare, Opportunity Missed?

Listening to President Obama demagogue Republicans for trying to help Americans from the harm that Obamacare is doing to them, their families, their jobs, and their health care plans, coupled with the sympathetic media supporting him, exposes the alternate reality in the political arena today.

President Obama said yesterday that the Republicans want to deprive you from getting affordable health care offered for the first time in history. That Republicans are willing to shut down the government to deprive you of the opportunity of getting affordable health insurance. And that’s the message you hear from the media.

What you don’t hear from the media is this:

  1. Obamacare isn’t being offered to you for the first time in history. For the first time in history, the federal government is, under threat of being penalized with a fine, ordering you to buy a health insurance policy. And not just any health insurance policy, but one that the federal government approves of, else you get penalized with a fine.
  2. Obamacare is killing jobs and depressing the economy. The President has a handful of people used as props, who have a story about how Obamacare helped them. The media isn’t showing you people who have been laid off or had their hours cut because of Obamacare. Which was the point of Sen. Ted Cruz’s 21 hour speech on the floor of the Senate over the weekend.
  3. The media coverage of Sen. Cruz’s speech was centered around the Democrat talking point of Republicans being obstructionists. They completely ignored the content of Cruz’s speech, which merely highlighted all that was wrong with Obamacare.
  4. Media coverage of Cruz’s speech was reported like a horse race. As in, what did Cruz hope to accomplish by fighting a no-win fight? And how this will hurt Republicans in the 2014 election? Not a peep about how Obamacare is hurting Americans and the American economy.
  5. That it was President Obama and Harry Reid that did not accept any of the three (four if you count H.R. 2300, the Empowering Patients First Act of 2013) compromises Republicans offered to keep the government open.
  6. The irony that President Obama brags about talking to terrorist supporting regimes like Iran and Syria, but not his own Congress.

To characterize opposition to Obamacare as depriving you of a wonderful and historic opportunity, is like being deprived from having a perfectly good limb amputated.

How President Obama Despises America

Five days before his first inauguration, president-elect Obama said we were five days away from fundamentally changing America. He certainly is on a roll in doing just that.

How did he do it? It began by not passing a budget, whereby Americans could see his cards on the table. Instead, he has run the government by the seat of his pants by CR’s, Continuing Resolutions. He laid his foundation with so-called stimulus spending measures that financed his political base and contributors, instead of rebuilding infrastructure.

Then he implemented the poison pill to freedom and liberty, and the economy, by devising a plan to take over your health care choices and the health insurance industry, and the health care industry, by implementing the non-affordable Affordable Care Act. Something that Americans have rejected ever since it was first proposed 70 years ago by John Dingell Sr. in 1943. So he had to do something drastic to pull it off. He wrote the bill, preventing input from ANY person in the other (Republican) party. And no republican voted for it. Instead it was “deemed passed” by then Speaker Pelosi.

Finally, the check and balance designed by our founders, the House controls the purse strings, has been and continues to be ignored. So the House calls an end to increasing the debt, and increasing it as much as Obamacare is doing, contrary to what Pres. Obama promised; that it would decrease cost, increase care, and not increase the debt. None of that has happened.

So now, when the House proposes plans to fund the government, minus Obamacare, then postponing it for one year, then eliminating the special favors to big labor and companies, then eliminating the 72% subsidies that President Obama gave himself and the rest of Congress, with you paying for them, President turned King Obama said NO. Nothing is negotiable. And the reaction from the administration, repeated by the media, is that Republicans want to shut down the government and Republicans don’t want you to have health care.

President Obama is not budging. He’s not negotiating, he wants everything and to hell with our founding fathers and their system of checks and balances. To sum it up where Obama is concerned, he’s as un-American as any other enemy of the State.