Category Archives: Economy

Michael Moore, MoveOn.org Create Most Offensive Campaign Ad Ever

WARNING: CRUDE LANGUAGE

From Robert Laurie at caintv.com:

Michael Moore and MoveOn.org have teamed up to create the most base, unpleasant campaign ad ever.  Featuring a host of foul-mouthed elderly voters, the spot threatens violence against both Mitt Romney and the country as a whole.

“I want the Republican Party to know – if your voter suppression throughout this beautiful country enables Mitt Romney to oust Barack Obama? WE WILL BURN THIS MOTHERFUCKER DOWN.”

Yup, that’s an actual line from an honest to goodness political ad, offered by America’s premiere hack propagandist and everyone’s favorite radical leftist political action Committee.  MoveOn, of course, is funded by a host of the world’s most prominent socialist activists, most famously George Soros.

The ad continues it violent rhetoric, with a threat that, “If the Republicans steal this election, I’m going to track down Mitt Romney and give him the world’s biggest cock punch. What’s the matter sonny, you never heard that phrase? Cock Punch?”

You can read the rest of the article here if you have the stomach for it.

Here is the ad. Watch at your own risk.

Meanwhile, back in Chicago, some of Barack’s homies are feeling a little disillusioned.

And in Colorado, here are some folks who really did build their own business. Now it’s gone. Guess who destroyed it?

(Links supplied by FranklytheNut.)

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Filed under Barack Obama, Democrats, Economy, Elections, George Soros, Michael Moore, Mitt Romney, Poverty, Unemployment

Covering His Fannie

Who Really Caused Our Economic Crisis?

People who voted Democrat in 2008 have got no (good) excuses this time. This video was made before the 2008 election. We told them what Obama and his cronies were all about. They elected the whole kit and kaboodle anyway. And now we’re stuck with the consequences.

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Filed under Barack Obama, Economy, Elections

Conversation with an Obama Supporter

[Saw this at facebook and wanted to share, because “Me” (not Chrissy me) did such an outstanding job of keeping it factual, not personal, and responding with historical data. Obot repeated typical DNC talking points; Me’s response is a model for the rest of us on this.]

Obot: The economy may not be all that great, but Obama stopped the bleeding from the mess that he inherited from Bush. He deserves 4 more years.

Me: Reagan inherited a bigger mess than Obama.

Obot: Obama inherited a depression and Reagan had a depression during his first two years in office.

Me: So you are admitting that Reagan turned around his economy in 2 years; yet Obama has had 4 years. Remember the landslide Reagan victory in 1984? What were those policies that Reagan implemented to cause that economic recovery? Tax Cuts.

Obot: Different times call for different measures. They didn’t work for Bush. Reagan wasn’t fighting 2 wars.

Me: Really? Tax cuts have worked every time they are implemented. During the 60’s with the Kennedy tax cuts; during the 80’s with the Reagan tax cuts and yes, even during the Bush years. Bush inherited a recession and then America got hit with 9/11/01. Our economy was hit with a double whammy. The unemployment under Bush never got as high as the lowest under Obama. In fact, by his own admission tax cuts work; he signed the extension of the Bush Tax Cuts in 2010 and during a Primary debate in 2008.

Charlie Gibson: “When the rate dropped, revenues from the tax increased; the government took in more money; and in the 1980’s when the tax was increased to 28%, the revenues went down. So why raise it at all?
Obama: “I would look at raising the Capital Gains tax for purposes of fairness”

Obama doesn’t look at taxes as a way to raise funds for the government, he looks at it as means of getting even with the rich.

As far as Reagan not fighting two wars; do you not remember the Cold War and how Reagan was instrumental in the fall of The Berlin Wall and the bankrupting of the U.S.S.R.?

[Conversation ended, because Obot dropped out. One hopes s/he was sufficiently gobsmacked by facts to need a time out to ponder, maybe even go look stuff up and LEARN the TRUTH.]

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Filed under Barack Obama, Democrats, Economy, Republicans, Ronald Reagan, Taxes, Unemployment

THE TUESDAY GRUDGE–WHAT REALLY HAPPENED

Posted by Pistol Pete

As I watched the debate last night I was dumbfounded as to why Romney was not blistering Obama on Benghazi,Iran and so many other foreign policy failings.It seemed like he wanted to be his bestest buddy,agreeing on a lot of what Obama was asserting.It was not until later,when numerous pundits offered their opinions and I watched some of the clips that go up on youtube, almost instantly  realized what Romney did was pure genius.

Obama came in itching for a fight,wanting to put as much distance as he could between the two of them and labeling Romney as the second coming of George Bush.All he ultimately accomplished was to come across as rude,condescending,ill-tempered and overall a gigantic phallus.As he went through his histrionics,Romney just smiled politely,no doubt thinking:just keep talking,pal,you’re hanging yourself and you don’t even realize it.The far left were hungry for this type of overt aggression,but it could not have played well with more rational people.

Romney managed to steer the debate from foreign policy back to the economy,which is by far the most important consideration for nearly the whole electorate.Still,he did his research and was prepared for any policy question that came up.He came across as calm,rational,intelligent,a far cry from the divisive style of the current occupant of the People’s House.We will know in a short 14 days which path our nation will tread.I’m more optimistic as the time of judgment draws near.

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Filed under Barack Obama, Debates, Economy, Elections, Mitt Romney

Two more Obama Energy picks filed for bankruptcy

A123 received $249 million in tax-payer funds.

Satcon received $3 million.

Both filed for bankruptcy this week.

http://blog.heritage.org/2012/10/18/another-doe-backed-solar-company-goes-bankrupt/

The complete list of faltering or bankrupt green-energy companies
*Denotes companies that have filed for bankruptcy
http://blog.heritage.org/2012/10/18/president-obamas-taxpayer-backed-green-energy-failures/

Evergreen Solar ($25 million)*
SpectraWatt ($500,000)*
Solyndra ($535 million)*
Beacon Power ($43 million)*
Nevada Geothermal ($98.5 million)
SunPower ($1.2 billion)
First Solar ($1.46 billion)
Babcock and Brown ($178 million)
EnerDel’s subsidiary Ener1 ($118.5 million)*
Amonix ($5.9 million)
Fisker Automotive ($529 million)
Abound Solar ($400 million)*
A123 Systems ($279 million)*
Willard and Kelsey Solar Group ($6 million)*
Johnson Controls ($299 million)
Schneider Electric ($86 million)
Brightsource ($1.6 billion)
ECOtality ($126.2 million)
Raser Technologies ($33 million)*
Energy Conversion Devices ($13.3 million)*
Mountain Plaza, Inc. ($2 million)*
Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
Range Fuels ($80 million)*
Thompson River Power ($6.5 million)*
Stirling Energy Systems ($7 million)*
Azure Dynamics ($5.4 million)*
GreenVolts ($500,000)
Vestas ($50 million)
LG Chem’s subsidiary Compact Power ($151 million)
Nordic Windpower ($16 million)*
Navistar ($39 million)
Satcon ($3 million)*
Konarka Technologies Inc. ($20 million)*
Mascoma Corp. ($100 million)

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Filed under Barack Obama, Economy, Energy

Ten to One is UNFAIR!

Please explain to me [2:33]

Labor Force: All people aged 16 and over who are either employed or actively seeking work. It does not include discouraged workers, people who have retired, or those on welfare or disability who are no longer looking for work. Since January 2009, this number has grown by 827,000 people or 0.54% (from 154,236,000 to 155,063,000)

Not in Labor Force: Total civilian non-institutional population minus the number in Labor Force. Since January 2009, this has grown by 8,208,000 people or 10.2% (from 80,502,000 to 88,710,000 people).

Source:

http://www.weeklystandard.com/blogs/every-person-added-labor-force-10-added-those-not-labor-force_654547.html

H/t Pistol Pete and itooktheredpill

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Filed under Barack Obama, Economy, Elections, Energy, Inflation, Unemployment

Romney’s tax plan – The Reality and the Obamity

Two days ago, the Obama campaign blasted out another email claiming a report by Princeton economist Harvey Rosen says Romney’s tax cuts would require large tax increases on families making between $100,000 and $200,000.

Rosen says he has no idea how the Obama campaign “reached that characterization of my work.”

Sounds to me like a polite way of saying, “WTF did they come up with THAT?!”

According to Rosen himself (not Obama’s version of Rosen), the main conclusion of his study of Romney’s plan was that it could work just the way Romney says it would.

He also says the Tax Policy Center report, the one Obama referred to at the first debate, has three huge flaws in its assumptions.

(1) The TPC report assumes pro-growth tax reform can’t actually produce economic growth, when stimulating economic growth is the WHOLE POINT of the Romney tax cut plan.

(2) The TPC report assumes two tax expenditures worth $45 billion per year are not ‘on the table’ when they MOST DEFINITELY ARE.

(3) The TPC report assumes the costs of Obamacare are still in the budget, when Romney has been clear about REPEALING Obamacare.

Rosen says when you correct for these erroneous assumptions, Romney’s math checks out.

You can check the math yourself @ http://www.weeklystandard.com/blogs/check-math-romneys-tax-plan-doesnt-raise-middle-class-taxes_653485.html

SOURCES:

October 8, 2012 – Princeton Economist: Obama Campaign Is Misrepresenting My Study on Romney’s Tax Plan

http://www.weeklystandard.com/blogs/princeton-economist-obama-campaign-misrepresenting-my-study-romneys-tax-plan_653917.html

October 4, 2012 – Princeton Economist: The Math Behind Romney’s Tax Plan Adds Up

http://www.weeklystandard.com/blogs/princeton-economist-math-behind-romneys-tax-plan-adds_653618.html

October 3, 2012 Check the Math: Romney’s Tax Plan Doesn’t Raise Middle Class Taxes

http://www.weeklystandard.com/blogs/check-math-romneys-tax-plan-doesnt-raise-middle-class-taxes_653485.html

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Filed under Barack Obama, Economy, Mitt Romney, Taxes

Unemployment under Obama

The September 2012 jobs report is out and the MSM is, predictably, reporting it as a Win! for Obama! But the fact is, Obama hasn’t fixed anything. Bear with me and I will show you how to see this with your own eyes.

First, the Unemployment Rate is a phony statistic. Before Clinton, it meant what you would think it means. I.e., percent of Americans out of work. But Clinton changed the way it’s calculated to make his numbers look better.

Since the switch, the Unemployment Rate does NOT includes people who believe there are no jobs, so have quit looking. These folks are now called Discouraged Workers. You’d kinda think that was the same as being “Unemployed.” But in Democrat Government Speak, it’s not.

This weirdness has two odd results.

  1. A bad economy can see a down-tick in Unemployment because workers move not into Employment, but into Discouragement.
  2. A recovering economy can see an up-tick in Unemployment, because Discouraged workers get their hopes up and start looking again.

See Unemployment Rate data @ http://data.bls.gov/timeseries/LNS14000000

The Discouraged Worker data only goes back to 1994, which I’m guessing is when Clinton changed the Unemployment Rate. It does have value, because it tracks people who have been out of work for so long that they have lost HOPE that the job market will CHANGE for the better. I just wish the MSM reported more honestly and less politically about what changes in the Unemployment Rate really mean.

See Discouraged Workers data @ http://data.bls.gov/timeseries/LNU05026645

The Bureau of Labor Statistics also tracks the Employment-Population Ratio, which compares the total number of Americans to the total number who are working. I like this one, because it doesn’t try to suss out what people are thinking or feeling about finding work.

See Employment-Population Ratio data @ http://data.bls.gov/timeseries/LNS12300000

See for yourself what the JOBS situation in the Obama Economy is.

First, open the three URLs below in separate tabs, so you can click between them. Each page has a line graph at the top; if you scroll down, there’s a box with month-by-month data. At the top of each page, you can reset the time frame. It currently starts at 2002. Since the Obama claims he inherited Bush’s mess, I suggest you reset them all to 2001, the year Bush took office. (Click GO after resetting the date.) That way you can make up your own mind about how big a mess we’re in and who is responsible.

Things to keep in mind

Economists consider it a sign of a healthy economy if the Unemployment Rate is around five percent. Higher means people who want jobs are having trouble finding them. Lower means employers do not have a sufficient pool of workers for new hires.

Obama likes to remind us that he inherited the post-housing-bubble-burst recession, which he likes to blame on the 8-year Bush administration. But Bush inherited the post-internet-bubble-burst recession which we could just as easily blame on 8-year Clinton administration. Moreover, the 9/11 attacks hit us just 8 months into Bush’s first year. Obama had nothing even remotely comparable.

Bush also had two wars, one of which was won before he left office. The other drags on to this day, with Obama giving every sign of planning to just quit and go home. Frankly, I wish Barack would just man up. It’s unseemly for someone holding the most powerful office on the planet to keep whining the way he does.

Bush had Republican majorities in both the House and Senate for his first six years. Democrats took over the majority of the House and Senate in January 2007, then gained the White House as well for 2009 and 2010. Republicans have had the majority in the House for 2011 and 2012, but Democrats still control the majority legislatively, because they have the Senate and the White House.

IOW, to make matters simple, Republicans own the economy for SIX years under Bush (2001-2006), while Democrats own the economy for SIX years under Bush and Obama (2007-2012).

Got all that? Now go look at the data with your own eyes.

If you liked this, you might also want to read https://polination.wordpress.com/2012/10/05/a-little-fact-checking-of-debate-statements/

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Filed under Barack Obama, Economy, Unemployment

The ideological war

Obama mocks financial success as ‘blind luck’ [3:06]

He’s got one thing right; we ARE in an ideological war here. Of course, I think his depiction of what characterizes our two sides is a stinking load of donkey doo. But at least he gets it that we’re not just at war with radical Muslims, but also with our fellow Americans.

What he says about our side is so wrong, I don’t know where to start. However, I know for many facts that his claim that his side embraces “what works” is utter BALONEY!

  • High taxation slows the economy, decreasing both jobs and government revenue.
  • Rent control laws decrease the availability of decent, affordable housing.
  • Gun control laws increase the rate of gun crime.
  • Since abortion was legalized, the rates of unwed teen pregnancy and fatherless homes has skyrocketed.

Yet HIS side continues to support and demand more and more of the same!

Furthermore, his mocking of successful people, saying they owe it all to “blind luck” and “women doing other people’s laundry”, is proof we did not take “you didn’t build that” out of context.  Besides which, HOW many times have he and his lackeys declared it was OBAMA who got bin Laden?!

The following is from the speech he made announcing bin Laden was dead:

“And so shortly after taking office, I directed Leon Panetta, the director of the CIA, to make the killing or capture of bin Laden the top priority of our war against al Qaeda.”

Translation: “Bush failed to get bin Laden. It took ME, Barack Obama, to get bin Laden!”

“I was briefed on a possible lead to bin Laden. … I met repeatedly with my national security team … I determined that we had enough intelligence to take action, and authorized an operation to get Osama bin Laden and bring him to justice. Today, at my direction, the United States launched a targeted operation against that compound in Abbottabad, Pakistan.”

Translation: “You cannot believe how hard I worked on this! Those people couldn’t have done diddly if I weren’t at the helm, directing every single one of their thoughts and actions!”

“The death of bin Laden marks the most significant achievement to date in our nation’s effort to defeat al Qaeda.”

Translation: “I sent our most elite military force against an unarmed guy in his jimjams and that’s waayyyyyyyyyy more significant than all that crap Booosh did, removing Iraq as an al Qaeda haven and turning it into a democratic ally of the United States.”

“We know well the costs of war. These efforts weigh on me every time I, as Commander-in-Chief, have to sign a letter to a family that has lost a loved one”

Translation: “I don’t want you to know that my office sends bereaved military families identical form letters signed for me by an auto-pen.”

I cannot WAIT for this hypocrite to be gone and a real leader, someone whose values I respect and whose leadership I trust, is running things.

VIDEO: Obama spikes the football after the killing of Osama bin Laden [9:49]

TRANSCRIPT: Remarks by the President on Osama Bin Laden

May 2, 2011 East Room 11:35 P.M. EDT

http://www.whitehouse.gov/the-press-office/2011/05/02/remarks-president-osama-bin-laden

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Filed under Barack Obama, Economy, Gun Control, Islam, Osama bin Laden, Taxes

Pie vs Lake

Democrats believe the economy is like a pie. There’s a fixed amount of good stuff and the people who have bigger pieces got them at the expense of those with smaller pieces. If they’re right, then I’d have to agree it’s not fair for some to get bigger pieces and some to get smaller pieces.

But they’re not right. Pie is finite. You cut it up, serve it out, eat it, wash the dishes and that’s that. It’s gone. The economy is nothing like that.

So maybe Democrats aren’t thinking about a single pie so much as about a pie factory, where everybody has a right to the exact same number of pies, but some folks budge their way to the front of the line and hog more pies, so the folks at the back of the line get fewer or none. If that were right, then I’d have to agree that we should have rationing, like they did during World War II, so everyone got what they needed.

But it’s not right. The economy isn’t a factory that produces x amount of the exact same stuff every day, day after day. It grows and it shrinks. And the stuff it produces changes over time, just like factories do. In fact, the factory metaphor is less like the Democrat’s false pie metaphor than it is like the true Republican metaphor, except we usually use boats, instead of pies. Maybe that’s because we aren’t so obsessed with what other people eat or something. I dunno.

My point is that Republicans understand that the economy is not fixed, but that it can grow or shrink, like the level of the water on a lake. The economy is also not stagnant, like a pie factory that produces the same amount of the same stuff every day. Technology makes it possible for more people to have more and better stuff.

When I was a kid, we were solidly middle class. My dad had a job and a small business; my mom was a full-time homemaker who kept the books for his business in her spare time. Our home had one television, one rotary telephone (hard wired to the wall), and a single full bathroom for our family of 8.

When I was a teen, my folks put in a powder room on the ground floor, added a television in the master bedroom and a telephone line for the business. There was no call waiting then and most homes still had only one line, so I was one of the fortunate few who had no timer running when I was on the phone. After business hours, I could use the business line to call anyone I liked (locally) for as long as I liked. And I didn’t have to rotary dial anymore, because we got push buttons. We even had an intercom system! It was very posh; way cooler than what my friends’ houses had.

Raising my family, our home was similar, with a bath and a half and a business line the kids could use after hours. But because of the business, we had a computer in the house before most of the neighbors. Still, when my kids were little, one of them asked if we were poor and I said, “No, of course not. What makes you ask?” She replied, “Because we don’t have a pool.” For some reason, a bunch of the families on our street had installed pools that summer. We hadn’t. Ergo, we might be poor.

But when I was a teen-ager and the fifth of six kids, nobody had pools. It was a big deal when a family like ours could afford a second car. I remember when we got ours. And we did not live where there was much in the way of public transportation. My folks just made do with sharing that one car with his two jobs and their six kids. We walked a lot. In fact, I walked to and from summer school one year. It was three miles (literally), but only uphill one way. 🙂

If the economy were a fixed product pie factory, we would still have the same amount and kind of stuff that our grandparents had. Only the wealthy would have cars and phones and multiple bathrooms. That is exactly what they had in the U.S.S.R., which is why so many of us are so adamantly opposed to Socialism.

I visited Leningrad and Moscow in 1972; the trip was my one present from my folks for every holiday, including high school graduation, for the entire year. Russian women all wore the exact same hat and had the exact same boots, because that is all that the stores had to sell. We stayed in one of the better hotels, but there were no private baths, never mind television. We had to truck to the community bathroom down the hall, which was darned scary at night, when they turned most of the lights off in the hallways.

The phone connections, even room-to-room, were full of static. And where we saw ads at home touting the softness and absorbency of this brand of toilet tissue over that one, in the Soviet Union, the paper they provided in the jons came in small, single sheets, shiny on one side and rough on the other. Greasy spoon diners put better stuff in their chrome napkin dispensers.

We were just ordinary, middle-class kids on a high school tour, but our guide envied us. Compared to her, we were not just wealthy in terms of money and nice clothes and sturdy suitcases, but because we could go to school where we liked, pursue any career we chose and leave the country of our birth. She wanted to stay at home with her young child; the State did not permit that. She wanted to choose a career, but the State gave her only two options, of which tour guide was the less objectionable.

Wealth is not about money. It’s about stuff and it’s about freedom. Real poverty is when basic needs are not met and you aren’t free to choose your destiny. From there on up, it’s all a matter of degree and personal perception. I remember reading a story about a guy who grew up in an isolated rural area. He said he didn’t know that elsewhere, having an unpainted house meant you were poor. Where he lived, having a house meant you were rich. My teen clique thought I was rich because we had a second phone line. My young daughter thought we might be poor because we didn’t have a pool.

The economy really is more like a lake. When it is good and growing, the water rises and everyone’s situation gets better. When the economy is bad and shrinking, the water drops and everyone’s situation gets worse. Democrats can sneer all they want at “trickle down economics”; that IS how the economy works.

As a caring, compassionate Christian, I am not concerned with how big and fancy the rich peoples’ yachts are. Rich people won’t go hungry during an economic down turn and envy is a sin.

I AM concerned with how small and leaky the poor folks’ rafts are. Democrats say they care about the middle and lower classes, but their policies have forced people who were just getting by in 2008 to lose their homes and their dignity.

I’m all for safety nets, especially where young children, the elderly and the disabled are involved. We owe our retired citizens the pensions they were promised. But the Bible says those who will not work should not eat. Even there, Obama’s policies have failed by making it impossible for the millions who WANT jobs to find meaningful, full-time work.

Click on graphic to embiggen.

The Obama Democrats’ policies and rhetoric have not just harmed us economically; they have also harmed us morally by encouraging class envy and racial division. They talk a lot about how they’re the caring and compassionate ones and how Republicans are all greedy and selfish. But when I compare the fruits of their policies with the fruits of Republican policies, I come to the inescapable conclusion that Democrats are wrong on all counts.

I suspect some of them actually know it and are deliberately destroying our nation economically and morally, which means they’re not just wrong, but also evil.

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Filed under Christianity, Democrats, Economy, Republicans, Unemployment