Obama II: In the "now they tell us" file, add a vast array of reports that have come out since the election showing just how weak the economy really is. Looks like the president will need a new scapegoat soon. Here´s just a sampling of what we´ve learned since voters decided to give Obama four more years to "experiment" with the economy. Earnings falling: The Labor Dept. reported on Thursday that real average hourly earnings dropped again in October for the third month in a row...
In the week before the election, both Bloomberg Business News and CNN had articles on, "Will Romney Inherit the Obama Recovery?" Theme of both stories was that after a slow start, Obama as the economy percolating, and Romney, of elected, will take credit for this.
Last para n this depressing article: Obama got re-elected largely by blaming Bush for everything bad that happened during his first term. So who´s he going to blame now?
It has been speculated that the way the Obama regime will finish off America is by wiping out small business, as that is the last engine of freedom and without that, America will not arise as a world power again.
Reply 12 - Posted by:
Old Army Vet, 11/17/2012 9:06:04 AM (No. 9020277)
Is it finally his economy? I thought all of this was Bush´s fault. Zippy is the most inept person to hold office ever. The dumbing down of America by the teachers union has worked. People are to stupid to know what they are doing to this once great country. I don´t know if we can ever recover from what this moron has done or will do. God Save America.
For good reason the minority believe that the POTUS is actively out to destroy this country. He is either excellent at accomplishing this or he´s completely incompetent at running the country. Either way the result is the same.
The majority of voters don´t care about this as long as they can feel cool, and/or their benefits don´t run out and when the money does dry up they´ll blame someone other than the real culprits.
Yup, we´ve over the hill. I´m glad out ancestors aren´t here to see this.
We have always known that O. was out to destroy the country. It is still puzzling that the cowardly press is "all in" for the destruction. They do not care how much the people suffer, how high the Misery Index is, all they care about is the image of the rock star faux potus.
Our country has been destroyed by the unholy alliance of the regime and the press.
Does any intelligent person really think that those who vote for Obama either understand or care about the nation´s economy? A large number of them buy vehicles with the understanding that they will probably end up being repossessed. You can´t reason with those kind of people.
The Obama voter is the one who typically thinks that a successful person is one who is just lucky or has "had all the breaks." The Obama voter is the one who probably cut class to smoke weed while the nerdy guy studied, and of course, he made the nerdy guy´s life hell. The quiet, hard-working people who have their priorities straight are in the minority now. But the Obama voter would take everything away from them in the interests of "fairness."
Not to worry #2: we´ll get a government guaranty in return.
Fool me once shame on you; fool me twice shame on me.
Will the fooled electorate awaken to see what the dims´ policies result in? What the dims´ true core expertise is?
Or shall we be shackled to a dependent majority that thinks that all of life´s bumps can and should be removed and thus are the victims of politicians who promise to remove them for a "small price." Is there at least hope the the dependent class will at least see that the bumps were not removed?
The Democrats blamed Herbert Hoover for the depression for 20 years that I know of. It always worked. I remember when my step father was urged to vote Republican. He had great trepidation. He screwed up his courage and bravely announced: "Well, I guess I can starve for four years."
Privacy: Despite repeated assurances that the ObamaCare data hub is on schedule, a government audit finds that vital security measures to protect private information likely won´t be ready by Oct. 1. The implications are profound. As far back as December 2012, Obama administration officials were insisting that the data hub at the center of the ObamaCare exchanges was nearly finished. Yet all the while, they were pushing back deadlines or missing them altogether, to the point where, unless ObamaCare´s launch is delayed, millions of people´s privacy will be at risk.
The average price for the lowest-cost ObamaCare "bronze" plan in eight states is 122% higher than the cheapest plan currently available in those states, according to an IBD analysis of rate filings and a recent Government Accountability Office report. The late July report, largely overlooked by the press, provides detailed information on insurance plans today in all 50 states, from the cheapest plans offered to a 30-year-old nonsmoker to the most expensive plans 55-year-old couples can buy. A separate report from the Maryland insurance department lists the lowest-cost "bronze" plans proposed for ObamaCare exchanges in eight states. Comparing the two
More than 76,000 workers went on the federal government´s disability program in July, according to the latest data from the Social Security administration, bringing the total number of new enrollees this year to 534,038. Although that is down somewhat from the same month last year, enrollment in the Social Security Disability Insurance program remains sharply higher than it has been historically. Since 2009, an average of about 1 million workers have gone on SSDI annually — a 31% increase from the average enrollment over the previous 10 years. As a result, a record 8.9 million workers are now collecting disability benefits
Cost-Shifting: Looks like Detroit might get a federal bailout after all, by offloading its retiree health costs onto federal taxpayers via ObamaCare. It´s a window into why Obama-Care costs will quickly spiral out of control. On Sunday, the New York Times noted that Detroit hopes to push its younger retirees who aren´t yet eligible for Medicare into the ObamaCare exchanges, where many will be eligible for subsidized insurance. Federal tax payers will pick up the tab, rather than those in Detroit.
Mea Culpa: The president is planning a major speech in Illinois Wednesday on economic policy. You don´t need a crystal ball to predict what he´ll say. But here´s what he arguably should say. My fellow Americans, eight years ago, I stood here on the steps of Knox College to deliver a commencement address, and I took the opportunity to lay out my vision for economic opportunity. The speech was an indictment of President Bush´s idea of a go-it-alone "ownership society." The key to America´s greatness, I argued, came from government programs like Social Security
President Obama complained Thursday that "despite all the evidence that the (Affordable Care Act) is working the way it was supposed to for middle-class Americans, Republicans in the House of Representatives voted — for nearly the 40th time — to dismantle it." The line, part of a talk touting all the great things ObamaCare is already doing, got a chuckle out of the audience. But what Obama didn´t say is that he himself has signed three bills that dismantled chunks of ObamaCare.
The avowed purpose of the immigration bill passed by the Senate and pending in the House is to provide a "path to citizenship" for the illegal immigrants in exchange for tough new enforcement measures that would prevent other such incursions in the future. But buried deep within the immigration bill are hidden multimillion-dollar slush funds for left-wing nonprofit groups to provide services to the estimated 11 million illegal immigrants now in the U.S. Once enacted, the slush funds would total almost $300 million over three years and grow over time.
House Republicans plan to vote this week on a bill that would delay ObamaCare´s individual mandate, adding to the one-year delay of the employer mandate the administration already announced. It´s a smart political move, since the law has never been more unpopular. A Gallup survey finds that 52% now disapprove of ObamaCare, up from 45% last November. [snip] But even if President Obama were to sign an individual mandate delay bill into law — highly unlikely — it would be largely meaningless in terms of avoiding ObamaCare´s long-term health care and budget disasters.
In September 2009, President Obama promised the country that "I will not sign a plan that adds one dime to our deficits — either now or in the future." But it turns out Obama did sign such a plan — in fact, ObamaCare could add upwards of 180 billion dimes to the deficit in its first 10 years, an IBD analysis of various official budget reports found. According to the Congressional Budget Office´s initial forecast made in March 2010, ObamaCare was supposed to cut the deficit a total of $124 billion in its first decade.
Regulation: We don´t often find ourselves agreeing with what most lawmakers say, but this week was an exception when a congressman explained why he wanted to prevent a federal ban on traditional light bulbs. "If the new energy-efficient light bulbs save money, and if they´re better for the environment, we should trust our constituents to make the choice on their own to move toward these bulbs," Rep. Michael Burgess, R-Texas, said. "Let the market decide." Imagine that! Trust consumers. Let the market decide. A common-sense idea that expresses basic economic principles. But such simple wisdom...
The Health and Human Services Department earlier this year exposed just how vast the government’s data collection efforts will be on millions of Americans as a result of ObamaCare. Sen. Max Baucus, D-Mont., asked HHS to provide “a complete list of agencies that will interact with the Federal Data Services Hub.” The Hub is a central feature of ObamaCare, since it will be used by the new insurance exchanges to determine eligibility for benefits, exemptions from the federal mandate, and how much to grant in federal insurance subsidies.
When Regal Entertainment Group in April blamed ObamaCare for the fact that it was cutting some of its workers’ hours, backers of the law mounted a furious backlash against the theater chain, among other things filling its Facebook page with boycott threats. “Greed and selfishness make me sick,” one of them said. [snip] Yet while private companies are getting all this unwelcome and hostile attention, local governments across the country have been quietly doing exactly the same thing — cutting part-time hours specifically so they can skirt ObamaCare’s costly employer mandate
The owner of a shop in Zurich where US talk show host Oprah Winfrey says she encountered racism has called the incident a "misunderstanding". Winfrey, one of the world´s richest women, claimed an assistant refused to serve her in an upmarket handbag shop. She was apparently told one of the bags on display was "too expensive" for her. Shop owner Trudie Gotz told the BBC that Winfrey was "absolutely allowed" to look at the $35,000 (£22,500) bag, which was kept behind a screen. "My salesperson wanted to give her the handbag in her hand. But she didn´t want
Nobody tells Oprah she can´t afford a handbag. Oprah Winfrey is one of the richest entertainers in the world, thanks to her willdly successful 25-season run on "The Oprah Winfrey Show" and her latest media foray with the newly revitalized Oprah Winfrey Network (OWN). The entertainer earned an estimated $77 million from June 2012 to June 2013 alone, according to Forbes, but she says she still experiences racism because she is African American. Take this latest incident in Switzerland, where "The Butler" star went to attend the nuptials of good friend and singer Tina Turner last month.
Nanny State: If any question remained about the Obama White House´s appetite for running everyone´s life from Washington, it should be settled now. This administration even wants to dictate neighborhood makeup. Like your neighborhood? Don´t get used to it. The Obama Department of Housing and Urban Development might decide it wants to dictate changes. HUD is, according to Fox News, considering "a new rule that would allow the feds to track diversity in America´s neighborhoods and then push policies to change those it deems discriminatory." The proposed rule, disclosed last month by HUD Secretary Shaun Donovan at
In a remarkable admission that is likely to rock the Internal Revenue Service again, testimony released Thursday by House Ways and Means Committee Chairman Dave Camp reveals that an agent involved in reviewing tax exempt applications from conservative groups told a committee investigator that the agency is still targeting Tea Party groups, three months after the IRS scandal erupted.. In closed door testimony before the House Ways & Means Committee, the unidentified IRS agent said requests for special tax status from Tea Party groups is being forced into a special "secondary screening" because
“IQ is a metric of such dubiousness that almost no serious educational researcher uses it anymore,” the Guardian’s Ana Marie Cox wrote back in May. It was a breathtakingly ignorant statement. Psychologist Jelte Wicherts noted in response that a search for “IQ test” in Google’s academic database yielded more than 10,000 hits — just for the year 2013. (Snip) There is a large discrepancy between what educated laypeople believe about cognitive science and what experts actually know. Journalists are steeped in the lay wisdom, so they are repeatedly surprised when someone forthrightly discusses the real science of mental ability.
At a White House press conference Friday afternoon, President Obama said that health insurance plans offered under Obamacare will be "significantly cheaper" than plans currently on the market, but a string of recent reports say that isn´t true. "What happens on October 1, in 53 days, is for the remaining 15 percent of the population that doesn´t have health insurance, they´re going to be able to go on a website or call up a call center and sign up for affordable, quality health insurance at a significantly cheaper rate than what they can get right now on
Tonight, I went on Lawrence O´Donnell´s show, and Lawrence O´Donnell yelled at me. Or, rather, he O´Reilly´d at me. That O´Donnell interrupted and harangued and mansplained and was generally an angry grandpa at me is not what I take issue with, however. What bothers me is that, look: your producers take the time to find experts to come on the show, answer your questions, and, hopefully, clarify the issue at hand.
The Clintons have decided to rent a different house in the Hamptons this summer after they only received a small portion of their security deposit back from the home they rented last year. The famous Democrats have been frequent visitors to the expensive summer getaway in Long Island, and rented the same beachfront house in 2011 and 2012. [Snip] When it comes to rentals in the Hamptons, many owners use the security deposits as a way to pay for the utility fees like heat and grounds-keeping charges. It should be little surprise then that the Lily Pond Lane home
The Washington Post is a legend in the minds of the Washington elite, so its financial decline has caused quiet panic. As NPR media reporter David Folkenflik put it, “You think of stories like the Pentagon Papers, Watergate, these are all stories where The Washington Post led the nation’s understanding, the world’s understanding of some major issues.” Outside the liberal media, you wonder how long Post fans can wallow in their Nixon-crumbling polyester “glory days” in the early 1970s. But nostalgia ruled as the Graham family sold the Post to Jeff Bezos, the billionaire founder of Amazon.com.
WASHINGTON—The White House announced that President Barack Obama will award the Medal of Freedom, the nation’s highest civilian award, to 16 recipients including television star and businesswoman Oprah Winfrey, legendary Washington Post editor Ben Bradlee and former President Bill Clinton. “The Presidential Medal of Freedom goes to men and women who have dedicated their own lives to enriching ours,” Mr. Obama said in a statement released by the White House. “This year’s honorees have been blessed with extraordinary talent, but what sets them apart is their gift for sharing that talent with the world.”
Justice: The wife of a Fort Hood survivor claims the Defense Department is "slapping victims with gag orders" and telling family members not to talk to the press following testimony in the trial of Nidal Hasan. One of the great scandals of the Obama administration has been its shameful designation of the Nov. 5, 2009, rampage at the Army base in Killeen, Texas, by Maj. Nidal Hasan as "workplace violence." It has only compounded the pain and suffering of the victims and their families who have now apparently been ordered to shut up about it.
Forty to 50 House Republicans will support immigration reform, Rep. Luis Gutiérrez (D-Ill.) predicted Thursday. Gutiérrez said many of the Republicans supportive of immigration reform don’t want to be identified, but he insisted they would support comprehensive immigration reform. “If they ask me today, go find those 40 to 50 Republicans, I’ll tell them I found them. I know where they’re at,” Gutiérrez said in an interview with Ed O’Keefe at The Washington Post.