Former General Electric CEO Jack Welch appeared on Hardball with Chris Matthews on Friday to defend his assertion that the Bureau of Labor Statistics survey which surge in employment forcing the unemployment metric down from 8.1 percent to 7.8 percent is flawed. The interview between Matthews and Welch quickly descended into a heated debate over the veracity of the BLS figures and the charge that there was a corrupt effort to rig the unemployment rate to help President Barack Obama win reelection. “We had 600,000 government jobs added
Welch is too nice a guy. He should have said, as have others, that no matter which numbers are used, it doesn't come to 7.8%, and that the BLS has either turned incompetent in performing a regular and key agency task, or the books were cooked...adding that perhaps it will be time for a Congressional investigation after the Romney inauguration to get to the cause.
We have a current administration in power that lies about Fast and Furious and Benghazi, so is it really difficult to believe that they would not lie about the unemployment figures. They will do anything to remain in power………….anything.
And who would believe anything the leftist hoe matthews had to say anyway
I didn't know that state and local governments were hiring. Oh, their not. Who does that leave? I would like to know the average monthly hiring of federal govt workers since 0bama took office. Plug that figure in rather than the 600,000 for the last two months, and lets see what the unemployment rate is.
#14, you have it dead right. Jack Welch managed one of the largest manufacturers in the world and forgot more about economics than the entire staff of MSNBC ever knew. These numbers stink to high heaven and the possibility of them being correct is plus or minus 1 point of zero!
Look around and see how many of your friends got a job, lost one, or is still looking. Has the value of your home skyrocketed or are you still underwater? Did you get a raise or are you paying a larger share of your benefits?
Finally how did you like that last fillup at the gas station? If you liked that little bit of trickle down economics, wait until January 1st! Oh and when Obamacare starts kicking in that'll really put the icing on the cake!
Reply 17 - Posted by:
country boy, 10/6/2012 4:51:31 AM (No. 8913547)
Saw Jack Welch calling Lizzie Warren a snake too, almost two years ago on CNBC business news.
Somebody over the next few days will figure out how Obama cooked the books just a couple weeks from the election. But like what Rush was saying yesterday,people don't believe the government lies to them,even though Obama has been a serial liar for 5 years.
A Syrian religious group have banned croissants because they symbolise western oppression. A Sharia committee issued a fatwa, or religious ruling, declaring croissants ‘haram’, which means they are forbidden in Islamic law. The group, which operates in a rebel-held area of Aleppo, said that they have ‘colonial’ significance. They claim that the pastry’s crescent shape celebrates European victory over Muslims, reported Al Arabiya. Islamis sharia committees have declared several strict fatwas in rebel-controlled areas of Syria.
WASHINGTON — Defense Secretary Chuck Hagel warned on Wednesday that if across-the-board budget cuts were not lifted, the United States would have to reduce its global security objectives by trading away the size of its armed forces or its edge in technology as the Pentagon seeks to remain solvent. In a dire assessment of the financial challenges facing the military, Mr. Hagel said the political stalemate between the White House and Congress over a comprehensive deal for taxes and spending has required the Defense Department to plan for a range of cuts, since a deal to lift
[Video] Ouch. New Jersey Gov. Chris Christie turned down an offer by Sen. Rand Paul to join him for a beer and bury the hatchet in their ongoing -- and very public -- feud. "I´m running for re-election in New Jersey. I don´t really have time for that at the moment," Christie said in an interview on a local radio station. The New Jersey governor said if he finds himself in Washington, "I´ll certainly look him up." But he added: "I don´t suspect I´ll be there anytime soon. I´ve got work to do here."
“Well, I’m not going to catalogue...”-- White House Press Secretary Jay Carney refusing to define what he and President Obama meant when talking about “phony scandals.” Carney, though, intimated that the targeting of political groups by the IRS and the doctored White House talking points on the Islamist raid on a U.S. outpost in Benghazi, Libya were “phony.” We now know that IRS honchos shared information about conservative groups with other agencies, using the vast data in the IRS databanks to help other federal officials make cases against conservatives. Now we need to know how much, how often and
A progressive group will coordinate with liberal activists to disrupt Republican town halls during the August recess, when lawmakers will face questions about Obamacare and comprehensive immigration reform. Americans United for Change, run by a former Democratic National Committee communications head, plans to send activists to Republican town halls in swing states and even red states to target lawmakers like Sen. Ted Cruz (R-TX). "This is a new approach. The theory in the past has been to be stealth about the effort to confront members at town halls--but sometimes it´s been too stealth, and we haven’t generated enough activity,"
IRS chief Daniel Werfel says he wants to keep his health care plan, not switch to Obamacare: [Video] "Mr. Werfel, last week your employees who are a member of the National Treasury Employee´s Union sent a form letter for union members to send in to ask they be exempt from the exchanges," a congressman asked. "Why are your employees trying to exempt themselves from the very law that you´re tasked to enforce?" "I don´t want to speak for the NTEU, but I´ll offer a perspective as a federal employee myself and a federal employee at the IRS,"
House Judiciary Committee Chairman Bob Goodlatte (R-Va.) slammed Attorney General Eric Holder after an investigation by Goodlatte´s committee reported discrepancies between Holder´s congressional testimony and decision to approve a search warrant for emails from Fox News Correspondent James Rosen. "I find the lack of leadership at the Department of Justice extremely alarming," Goodlatte said in a statement on Wednesday. "The deceptive and misleading testimony of Attorney General Holder is unfortunately just the most recent example in a long list of scandals that have plagued the Department." The report released by the Judiciary Committee on Wednesday said Holder´s testimony included
WASHINGTON — Former Rep. Jesse Jackson Jr. has filed his final House financial disclosure report more than six months late, a filing that sheds little light on how he will pay a $750,000 forfeiture for looting his campaign treasury. Jackson, 48, is awaiting sentencing on Aug. 14. Federal prosecutors want him behind bars for four years. His wife, Sandi Jackson, 49, a former Chicago alderman, will be sentenced the same day for a federal tax violation. The government has urged that she spend 18 months in prison. In his plea deal, Jackson agreed to pay the $750,000 forfeiture and
A new Republican poll shows Sen. Mary Landrieu (D-La.) in a potentially tough spot for reelection, with more than half of respondents open to reelecting a new senator next year. The survey, from GOP firm Magellan Strategies, reveals 51 percent of respondents say it´s "time to give a new person a chance" in office. Thirty-nine percent agreed that Landrieu has performed her job well enough to "deserve to be reelected." Though those numbers are bad news for Landrieu, they´re not a clear indication half of Louisiana voters will vote to oust her.
MORVEN, Ga. — Small-town police departments across the country have been gobbling up tons of equipment discarded by a downsizing military — bicycles, bed sheets, bowling pins, French horns, dog collars, even a colonoscopy machine — regardless of whether the items are needed or will ever be used. In the tiny farming community of Morven, Ga., the police chief has grabbed three boats, scuba gear, rescue rafts and a couple of dozen life preservers. The town´s deepest body of water: an ankle-deep creek. An Associated Press investigation of the Defense Department program, originally aimed at helping local law enforcement
ISLAMABAD, Pakistan- Secretary of State John Kerry met Thursday with the Pakistan´s new prime minister, Nawaz Sharif, whose election marked the first peaceful transfer of power from one civilian government to another. The Obama administration is seeking to rebalance the tumultuous relationship with the nuclear-armed Pakistan in an effort to work together on counterterrorism, to start peace talks with the Taliban as the U.S. winds down its involvement in neighboring Afghanistan, and to coordinate on other issues of strategic interest. "The common interests far exceed and far outweigh any differences," Kerry said during a joint press conference
WASHINGTON- President Obama will meet with congressional members to discuss Foreign Intelligence Surveillance Act programs Thursday, the White House said. The daily schedule indicated Obama also will: -- Meet Vice President Joe Biden for lunch in the Private Dining Room.-- Meet with a group of bipartisan members of Congress to discuss key FISA programs. -- Hold a bilateral meeting with Yemeni President Abd Rabbuh Mansur Hadi to discuss matters of mutual interest.-- Host a reception for the 50th anniversary of the Lawyers Committee for Civil Rights
Mark Levin, who hosts one of America´s top radio talk shows and is considered by supporters to be the people´s pundit on the Constitution, is rallying his 8.5 million-strong audience to demand an historic convention of state governments to halt the "oppressive power" of the federal government. The author of two New York Times bestsellers on the threats to the Constitution, Levin hopes his latest, "The Liberty Amendments," out mid-August, will spark the state lawmakers to tap a rarely used Constitutional provision to institute measures that would brake President Obama´s use of executive orders, bar thousand-page laws and
FORNEY, Texas - George Zimmerman, the former Florida neighborhood watch leader cleared of all charges in the shooting death of Trayvon Martin, was pulled over for speeding in North Texas on Sunday, CBS DFW reports. According to the station, Zimmerman was armed when officers pulled him over on Highway 80 in Forney, east of Dallas. (Snip) The officer reportedly did not recognize Zimmerman, who was driving a Honda pickup. Zimmerman told the officer he was armed and was then told to put the weapon in his glove compartment, according to the station.
Arizona Sen. John McCain was the Republican Party´s 2008 presidential nominee and he still wants the keys to the Oval Office. But he is beginning to sound more like a fan of likely 2016 Democratic presidential candidate Hillary Clinton. "She´s a rock star," he said in a newly released interview. "She has, maybe not glamour, but certainly the aura of someone widely regarded throughout the world," he added in a reference to her work as secretary of State. McCain, reportedly trying to win back his reputation as a GOP maverick, was asked by the New Republic
The former commander of special operations in Northern Africa told a closed-door briefing today that he was largely detached from events the night of the Benghazi attack as he was traveling at the time. The testimony of Col. George H. Bristol, USMC, Former Commander, Joint Special Operations Task Force-Trans Sahara, Marine Corps Forces Special Operations Command Africa, had been eagerly anticipated by members of Congress. Originally, lawmakers had been told by the Defense Department that he had retired — the actual date is Aug. 1, an “administrative error” according to the Pentagon — and that they didn’t have
President Obama has been rolling up his sleeves campaigning across the country delivering a surreal stump speech message supposedly aimed at the middle class: big government works, Obamacare is manna from heaven, the wave of recent scandals are “phony” figments of the imagination, and all economic problems are the fault of the Republicans. Conveniently, he leaves out the bankruptcy of Detroit, a city run by his own party for more than half a century. His message is so stale and unconvincing, that even The New York Times and Washington Post have noticed. Both papers, usually loyal to Obama, remarked that
Gotta figure her lead would be even bigger without Joe Miller in the field here. Her nomination for the taking? Alaska should be a top tier pick up opportunity for Senate Republicans next year…but their top choice of a candidate is Sarah Palin. 36% of GOP primary voters in the state say they’d like Palin to be their standard bearer against Mark Begich to 26% for Mead Treadwell, 15% for Dan Sullivan, and 12% for Joe Miller.
Embattled Internal Revenue Service official Lois Lerner and an attorney in the Federal Election Commission’s general counsel’s office appear to have twice colluded to influence the record before the FEC’s vote in the case of a conservative non-profit organization, according to e-mails unearthed by the House Ways and Means Committee and obtained exclusively by National Review Online. The correspondence suggests the discrimination of conservative groups extended beyond the IRS and into the FEC, where an attorney from the agency’s enforcement division in at least one case sought and received tax information about the status of a conservative group,
Sen. John McCain — a Democrat? There was confusion Wednesday after the Arizona Republican mistakenly strolled into President Obama’s meeting with Senate Democrats at the Capitol. The room full of Democrats — who happened to be meeting in the same room where the Senate GOP usually holds their weekly policy luncheons — erupted in applause and laughter as the former Republican presidential candidate made his entrance. As McCain, 76, walked out of the Dem-filled space, reporters pressed him as to why he stepped foot in the room.
In an interview on National Public Radio (NPR), House Minority Leader Nancy Pelosi said her new agenda for women will give mothers access to day care so they can “earn without carrying the burden of child care.” During the interview, aired on Weekend Edition Sunday, Pelosi spoke about her newly announced agenda, which is on her website, and is titled, “When Women Succeed, America Succeeds: An Economic Agenda for Women and Families,” a plan that includes universal pre-school and access to day care for working women, and an increase in the minimum wage.
Karl Rove and more than one hundred Republican donors sent a letter to Republican members of Congress on Tuesday, urging them to pass a comprehensive immigration reform bill that would include, among other provisions, granting "legal status" to illegal aliens who meet certain criteria. Anticipating that lawmakers will face resistance to the bill when they go home for the August recess, the letter marks the escalation of a campaign in which Republican leaders and donors are pressuring House Republicans to act on an immigration reform bill.
In her first speech since taking over the Environmental Protection Agency, Gina McCarthy came out swinging Tuesday and promised to ramp up the aggressive climate change agenda laid out by President Obama.(snip)“Can we stop talking about environmental regulations killing jobs? Please, at least for today,” she said during remarks at Harvard Law School. “We need to cut carbon pollution to grow jobs. We need to cut carbon pollution to strengthen the economy. Let’s talk about it positively. Let’s approach this as an opportunity of a lifetime. There are too many lifetimes at stake.”
Serial sexter Anthony Weiner’s wife partly blamed herself last year when her horndog husband confessed to her that he was at it again. Friends and family told People magazine that Huma Abedin was kicking herself at the time for bailing out of couples counseling and focusing more on their newborn baby boy. But, thanks to a new round of joint therapy that continues even now, the couple was able to put the relapse behind them. “They really became a unit, and she feels much closer to Anthony now,” a relative told the magazine. That’s a long way from how Abedin