Category Archives: Wall Street

Mar 28 0 comments
America, Barack Obama, Children, Demographics, Elections, Financial Crisis, Government, Lawsuit, Markets, Orwellian, Poverty, Radicalism, Shortages, Tactics of Domination, Taxes, Tea Party, Wall Street, Wealth, Women

Bernanke Cast Doubts On Administration’s Jobs Claims

obama

President Barack H. Obama

Declining joblessness figures, sprouting lately from the current administration like so many spring crocuses, have left even the Chairman of the Federal Reserve, Ben Bernanke, puzzled over numbers that are “out of sync” with the overall economy.

“The combination of relatively modest GDP growth with the more substantial improvement in the labor market over the past year is something of a puzzle,” Bernanke admitted to the National Association for Business Economics earlier this week.

Bernanke then proceeded to explain why unemployment figures from the administration seem so out of step with the reality most folks are experiencing. He started with a basic, but often overlooked, part of the jobless equation. “The monthly increase in payroll employment, which commands so much public attention, is a net change,” he said. “It equals the number of hires during the month less the number of separations (including layoffs, quits, and other separations)[.]“

Then Bernanke concluded, “the increase in employment since the end of 2009 has been due to a significant decline in layoffs but only a moderate improvement in hiring.”

So, despite the Obamedia’s attempt to paint a sunny picture heading into the November election—note their relative inattention to Bernanke’s speech—very few new jobs are actually being created during Obama’s watch. In fact, the most recent numbers from the Bureau of Labor Statistics, cited by Bernanke, show that the number of people being hired has declined in 2012—even as Obama officials reported that unemployment figures came down.

Early in his administration Barack Obama said that job creation was goal Number One. He promised to create 3 million new jobs during his first two years in office, a pledge which would seem laughable if his failure didn’t adversely affect so many people. Even with recent improvements in jobless numbers—caused mainly by a slowing of layoffs—as Benanke noted, “private payroll employment remains more than 5 million jobs below its previous peak; the jobs shortfall is even larger, of course, when increases in the size of the labor force are taken into account.”

The Obama administration was claiming jobless improvement in a job market that, according to non-Obama sources, was still grim. “American employers put the brakes on new jobs in January,” according to Forbes, citing employment firm ADP. And Gallup reported in February that their surveys show new hirings dropped and that “the February score matches those recorded from October through December 2011.”

As to the unemployment numbers emanating from Obama’s regime, Bernanke noted, “the better jobs numbers seem somewhat out of sync with the overall pace of economic expansion,” before concluding, “the job market remains quite weak relative to historical norms.”

Read it all at American Thinker.

This article points out the corrupt methodology this administration has used on the American people since day one. Opening the Obama toolbox, one would suffix lie after lie, distortion after distortion, monkey wrench after monkey wrench. Our puerile president is NOT inept. He is defiantly on point, with concerted efforts to deconstruct American history, its industry, its liberty—its very way of life. He doesn’t seem to care to whom he hands off a weakened America—could be the Soviets-in-training, the Chinese, or the Islamic Caliphate he works so diligently to reward at the expense of his own supposed homeland.

Countdown to creation in a bloodless dream…

Mar 17 1 comments
Food Shortages, Hate Speech, Impeachment, NAACP, Oil, Patriot Act, President, Racist, Radicalism, Stock Market, US Congress, US Constitution, US Government

In What Campaign Are Not Apples and Oranges Both Fruits?

Obamapoints

Obama Fingers The American People

THE VOTING HABITS OF THE AMERICAN PUBLIC are hardly static, but stunningly dynamic. They must be won like territory in a hot war, but through persuasion—through explanation, argument, rhetoric, reason, the parsing of life itself sometimes. One must fight for ground; one must be bold; one must penetrate into hostile territory, awe the opposition, and seize what he holds dear. The one thing one should not and can not do effectively is to fight from a holding position. That is, and has been the anemic strategy of the GOP leadership for decades.

As Sun Tzu put it, “If the enemy leaves a door open, you must rush in.”

The constitutional side is far too busy trying to find ways to surrender. But it can not be that way; the once significant GOP of Ohio stalwart Robert Taft is philosophically distinct from the Obama/Alinsky nouveau socialists. We must give the America public a clear distinction between failed policies and wishful policies! Constitutional patriots and global Marxists and their sordid friends. And most of all, don’t be ashamed of who you are, because ultimately, that steadfastness, that personal command of the tough but honest truth, is what will meaningfully rally people to your side. Are not apples and oranges both fruits? Fruits hanging from a family of trees, fruits falling like perfect guests of planet earth when ready for the harvest?

NEED A FIGHTING CONTRAST between Romney and Obama? The next time someone says that battle ready Mitt Romney is the same as Barack H. Obama…

* Ask them to produce a list of mad terrorists foreign and domestic that squeaky clean Mitt Romney has befriended (and no, Dick Cheney and Don Rumsfeld don’t count, for rather obvious reasons).

If they can produce answers to all of those—we’ll procede to round 2. Having gotten that out of our system, we continue to shout, “We’re Impressed! Gingrich/West 2012!”

* Ask them to name an occasion where Mr. Romney has bowed to anyone in a foreign land as a Representative of the United States of America.

* Ask them to produce evidence that Mr. Barack H. Obama’s business experience even after four years in the White House is comparable to Romney’s.

* Ask them to produce proof that President Obama’s charitable contributions are as significant as Governor Romney’s.

* Ask them to name a radical anti-American Church or other religious establishment that Romney has attended for over 2 decades.

* Ask them to produce proof that Mitt Romney has illegally used cocaine and marijuana.

* Ask them to name an occasion that Mitt Romney criticized the proper actions of a police officer from high office.

* Ask them to name any associates of Mitt Romney that have been active practicing subversive members of the Communist Party.

* Ask them to produce the identities of any illegal alien Romney family member that he is protecting from deportation.

If they can produce answers to all of those—we’ll procede to round 2.

Meanwhile, all earnest political junkies worth their stars and bars should grab up a Tasty Granny or a Juicy Navel and head over to American Thinker for some of the best American political writing and short commentary on the Internet.

Having gotten that out of our system, we continue to shout, “We’re Impressed! Gingrich/West 2012!”

It’s not the situation … It’s your reaction to the situation.

-Robert Conklin

Sep 07 0 comments
Cyber Security, Dollar Crisis, Ecology, Financial Crisis, Food Shortages, Government, Patriot, Peace, Serfdom, Stormtroopers, Surveillance, Terrorism, War

Chaos: The Harbinger Of Order

WHEN THE BANKS STOP LENDING and the dollar drops dead, the leonine principles of chaos will pounce upon us, claws poised, teeth bared. But as horrible as that bit of declarative sounds to the victims of chaos, there may still be a ray of sunshine for America and in turn, hope for humanity, and that hope is presented here in an adaptation of a wonderful comment by a reader at American Thinker in response to an article on The Coming Chaos.

John Griffing has stated the obvious and drawn a single conclusion among many possibilities—avoid default of the American debt crisis at all costs. Financial chaos because it cuts to the root of our sense of well-being can be and in most situations is really frightening. People suffer and die when money values go hiking off in many different directions at the same time. But one of the most unnerving problems with modern America is that no one has suffered recently and we are not sure that we can tolerate feelings like hunger and uncontrolled weather in our living rooms. Whole families would have to take to the roads with backpacks as winter approached like migrating birds.

Yet, I am not pessimistic. While Mr. Griffing is correct about bad things happening to good people, I am just as certain that “this too will pass.” Why?

spend, spend, spend

Chicago Tribune, 1934. Sound familiar? Took a war to change things, then, too.

Because economic equilibrium will reassert itself. Chaos is too chaotic to last. Organization is an occasional, but natural state of affairs. We know this from the movies of the end of the world. Each time the world reaches a precipice, it draws back in horror. These movies will be our models. We may have to mimic the Amish or become members of a kibbutz, but with great buffalo meat in our bellies and mighty thunder in our throats we will survive as a people. Extra-privileged classes will have to disperse or reorganize to use less energy—like universities and governments, Hollywood and the NFL.

But physicist Stephen Hawking from the strength of his wheelchair has assured us that knowledge is never destroyed, but merely displaced. In the end we will be fine and the world will be at peace again. Bingo! Now I can go back to sleep and have a sweet dream untainted by reality! Tomorrow I will plant my winter collards and broccoli. If global warming doesn’t get me first.

Adapted from a comment by J Levy

Aug 06 0 comments
Cyber Security, Dollar Crisis, Food Shortages, Markets, Stock Market, War

On Being Prepared: Hunting, Gathering, Survival Food Sources

Watch This Video

Neil_Young

Neil Young

THE FOLLOWING SOURCES are all places where those who wish to prepare for any of a number of possible future calamities can purchase food for long-term storage, including freeze-dried meals, bulk grains, water filters, and other supplies to help my family survive a total economic collapse.

—Nitro-Pak is one of the country’s top freeze-dried food manufacturers, and it’s where we bought our first package of entrees in #10 cans.

—The Ready Store stocks a huge selection of foods and food prep items for the long-term food storage pantry. Sign up for their email list to receive emails about weekly sales and special deals.

—PrepareCo specializes in water filtration and storage items in addition to grab & go food buckets and bulk grains, from wheat to beans and rice.

—Amazon Bulk Foods is a surprisingly good source for packaged foods, from granola bars and cereal to canned goods, to include in your survival food cache.

—Food Insurance is an excellent source for large multi-person food packages as well as two-week emergency preparedness kits that come in a convenient, sturdy backpack.

Fearing the worst, or at least, respecting the possibility of something harsh settling your way? What do you need to know? What do you need to do? Need a plan? Read precious and important information about these and other relevant concerns over at the SHTFplan.

Rock legend Neil Young is on record as saying:

‘No one song can change the world. But that doesn’t mean it’s time to stop singing. Somewhere on Earth a scientist is alone working. No one knows what he or she is thinking. The secret is just within reach. If I knew that answer I would be singing the song. This is the age of innovation. Hope matters. But not hope alone. In the age of innovation, the people’s fuel must be found. That is the biggest challenge. Who is up to the challenge? Who is searching today? All day. All night. Every hour that goes by. I know I am.’

Now, that’s the spirit!

Aug 06 0 comments
Demographics, Deportation, Dollar Crisis, Federal Government, Food Shortages, Peace, Poverty, Serfdom, Shortages, Tactics of Domination, Taxes, US Congress, US Constitution, Wall Street

Forgive Us Our Debts

Ostrich

The Ostrich Revolution

FATHOM A FEW FACTS about our flipping national debt. LBJ’s Great Society and a few other distractions—like the Vietnam war—stormed into 1969 and the Nixon era with buckets of deficit spending. Since then, the national debt has grown dramatically each decade, as shown below:

• In the 1970’s, the national debt more than doubled, from $366 billion to $829 billion.
• In the 1980’s, the national debt more than tripled, from $829 billion to $2.9 trillion.
• In the 1990’s, the national debt almost doubled again, from $2.9 trillion to $5.6 trillion.
• In the 2000’s, the national debt is projected to more than double again, from $5.6 trillion to $12.9 trillion (projected national debt at the end of fiscal year 2009).

Just for giggles and lollipops, let’s analyze who was in charge of the Spending and Budget Authority—The House of Representatives:

In the 1970′s the Democrats held the House all 10 years.
In the 1980′s the Democrats held the House all 10 years.
In the 1990′s the Democrats held the House for 4 and The Republicans for 6 years.
In the 2000′s the Democrats held the House for 10 years.

The only time we ever balanced the budget was when the Republicans held the house in the 1990′s during the Gingrich Revolution.

The anti-Constitutional Progressives give the credit to Bill Clinton—who was forced to accept the budgets from the Republican-dominated House. In addition—Clinton only got to a balanced budget by gutting the military and called it the “Peace Dividend” that rather quickly led to a tragic series of missteps that opened the door for 911.

Anyone who blames people who want to balance the budget and make excuses for fools who want to spend money we don’t have and then raise taxes—is historically ILL-INFORMED and most often always DEMOCRAT to the core.

However, over time even the Republicans began to pitched gobs of cash wherever they could, just to make a good impression on the debtor nation the Democrats were grooming. Gotta keep them national defense and compassionate conservative votes coming, ya know.

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