The national unemployment rate dropped to 7.8 per cent in September, edging below eight per cent for the first time in almost four years and handing President Barack Obama's re-election hopes a potentially major boost. (Snip)According to James Pethokoukis of the American Enterprise Institute, however, if the labour participation rate had remained at the same rate as it was when Obama took office, the unemployment rate would be 10.7 per cent. The figures immediately prompted claims of political manipulation in the wake of a poor debate performance by Obama in Denver.
Comments: October non-surprise, according to Jack Welch.
Their new attack campaign is the Romney is a liar/dishonest/can't be trusted.
When will we learn that they project their ugly, putrid "values" onto us. Look at Occupy, see how they label TEA Party. Obama, see how they label Romney. The Senate, labels the House as "do nothings with no plans", they who haven't passed a budget in four years.
It's going to turn so ugly...how and why have we gotten to this point?
Although U-3 unemployment, the official number, is 7.8%, the U-6 number is still around 15%, and the gap between U-3 and U-6 has widened considerably under Obama.
If you also look at the seasonally adjusted SGS rate, that's gone way up under Obama to around 23%. That statistic for long-term discouraged workers was defined out of official existence in 1994 (under Clinton, how convenient!). Graph is at URL below:
This is not good news for Obama because it is so easily dissected: There are millions fewer people in the entire labor force because they've lost hope of getting jobs:
...however, if the labour participation rate had remained at the same rate as it was when Obama took office, the unemployment rate would be 10.7 per cent.
So why isn't the headline, "Unemployment at 10.7% if you include people who can't get jobs and have stopped looking"?
This is too easy and far too transparent a manipulation. Obama will attempt to use this phony figure in his "I need more time" to fix this mantra.
Rush predicted that "SHAZAM!", the unemployment rate will drop to 8% or lower right before the election. As usual, he was right, and this was how this figure of 7.8% came about -- by eliminating from the work force the millions of workers now out of jobs with no hopes of getting one unless Obama is kicked out.
Ditto hiring: Employers are waiting to hire only if Obama loses. If he does lose, the economy will go bonkers UP.
As for the rest of the headline about "a fix", it sure is, but it's also easily debunked.
Pssst, Barry. Why didn't you just go ahead and jump the rate down to 5 percent and declare the economy to be booming? Actually, this is a useful report if you take it and spread it over Mo's little vegetable garden and thereby save the taxpayers a few bucks on the manure bills.
Trust is gone, Barry. Long gone for most of us. For the hold outs, the last bit of trust left the station with your 9/11/12 Benghazi disinformation campaign you waged on the American people.
The BLS uses two employment surveys, the establishment survey, which tracks employment reported by business, and the household survey, which tracks employment reported by individuals in a telephone survey. It's common for them to be very different in a month, but they typically trend together. This month's gap, though, is ridiculous. The employment survey says employment is up 115K jobs. The household survey says it's up 873K jobs. Unemployment--now "down" to 7.8% just in time for the election--is based on the household survey. Looks very suspicious.
Propaganda from our dear leader, zero! This is a disgraceful sham! Republicans should be investigating big brother statistics. How far are we from Nazi Germany? No source these days is beyond corruption. This is UNBELIEVABLE!
We should call this what it is...rigging an election. Some of the top liars and number manipulators should see some jail time. Less senior larval stage liars might re-think their little scam if it were a felony
Washington--As hundreds of commuters emerged from Amtrak and commuter trains at Union Station on a recent morning, an armed squad of men and women dressed in bulletproof vests made their way through the crowds. The squad was not with the Washington police department or Amtrak’s police force, but was one of the Transportation Security Administration’s Visible Intermodal Prevention and Response squads — VIPR teams for short — assigned to perform random security sweeps to prevent terrorist attacks at transportation hubs across the United States.(Snip)With little fanfare, the agency best known for airport screenings has vastly expanded its reach
Washington--The Chinese sculptor Lei Yixin finished removing a contentious phrase on the memorial for the Rev. Dr. Martin Luther King Jr. on Thursday in preparation for the 50th anniversary of the March on Washington at the end of the month. The phrase came from Dr. King’s “Drum Major Instinct” speech. It read, “I was a drum major for justice, peace and righteousness.” Critics of the memorial, including the poet Maya Angelou, said the phrase did not show the true nature of the full quotation.
Galesburg,IL--In a week when he tried to focus attention on the struggles of the middle class, President Obama said in an interview that he was worried that years of widening income inequality and the lingering effects of the financial crisis had frayed the country’s social fabric and undermined Americans’ belief in opportunity. (Snip)“If we don’t do anything, then growth will be slower than it should be. Unemployment will not go down as fast as it should. Income inequality will continue to rise,” he said. “That’s not a future that we should accept.”
Audacity: Renowned neurosurgeon Dr. Ben Carson eloquently refuses to stay on liberalism´s black plantation. So, naturally, the left seeks his destruction. George Zimmerman´s prosecutors´ star witness, Rachel Jeantel — whose contentious, garbled testimony backfired badly — told CNN´s Piers Morgan of the jury that heard her, "They old. That´s old-school people. We in a new school, our generation." As she experiences her 15 minutes of fame, Jeantel would no doubt lump Benjamin Carson in with the "old-school people." But these two black Americans represent the different paths available to everyone in a free country, regardless of ethnicity.
President Obama is announcing for the umpteenth time he´s going to "pivot" to fixing the economy — as if that´s ever worked before, since it is he who broke it. That said, Obama will pivot to tiddlywinks if that´s what it takes to get out from under his mountain of scandals. (Snip)Here´s a fun fact: As a lawyer for the Washington law firm Wilmer Hale, Wilkins represented Rev. Wright´s Trinity United Church of Christ in 2007 when the IRS began asking questions about whether the tax-exempt church was too involved in political work for its most prominent member, Sen. Obama.
Trust: Why should anyone believe what the president says about ObamaCare? Last week he touted nonexistent rate cuts and rebate checks. And the White House now admits his promise about keeping your doctor was false. On Thursday, the president tried to shore up the ever-weakening support for ObamaCare by boasting about $100 rebate checks millions of Americans were supposedly getting in the mail thanks to the law´s restrictions on overhead spending by insurance companies. "Millions of Americans opened letters from their insurance companies," Obama said, and "were pleasantly surprised with a check." Not exactly.
A growing number of Americans are getting permission to carry firearms in public—and under their clothes—a development that has sparked concern among some law-enforcement authorities. Applications for "concealed-carry" permits are soaring in many states, some of which recently eased permit requirements. The numbers are driven in part by concern that renewed gun-control efforts soon could constrain access to weapons, along with heightened interest in self-defense in the wake of mass killings in Newtown, Conn., and Aurora, Colo.
The Obama administration is assembling a shortlist of candidates to lead the Federal Reserve, in the expectation that chairman Ben Bernanke won´t seek reappointment when his second term at the central bank ends in January, according to people familiar with the matter. (Snip)Mr. Bernanke has left his mark on the U.S. economy with a wave of easy-money policies in response to the 2008 financial crisis, recession and sluggish recovery that followed. His successor will need to figure out how to pull those policies back. If the Fed changes policy too soon, it could undermine the recovery.
Jon S. Corzine, no stranger to bare-knuckle brawls after spending nearly 40 years on Wall Street and in New Jersey politics, now faces the biggest fight of his career: a showdown with the United States government. (Snip)In another call that month, the global treasurer indicated that the firm’s liquidity “situation” was “not sustainable” and that “we have to tell Jon that enough is enough. We need to take the keys away from him.” If found liable, Mr. Corzine and Ms. O’Brien could face fines and possibly a ban from trading commodities.
Dakar, Senegal--As a freshman senator from Illinois, Barack Obama told a packed auditorium in Kenya’s capital, “I want you all to know that as your ally, your friend and your brother, I will be there in every way I can.” But he will not be there. (Snip)Despite decades of American investment to promote stability in the volatile region of East Africa, Kenya just elected a president indicted by the International Criminal Court, accused of bankrolling death squads driven by ethnic rivalry. It was the outcome that Washington had desperately tried to avoid,
A prominent corporate lawyer in Chicago has been accused by an Illinois disciplinary board of charging the firm for phony expenses, including about $70,000 in taxi trips, $35,000 in sporting events and a Thanksgiving celebration at his country club. Lee M. Smolen, a partner at DLA Piper, the world’s largest law firm, was named in a complaint filed this month by the Illinois Attorney Registration and Disciplinary Commission. Before joining DLA, Mr. Smolen was a longtime partner at Sidley Austin. (Snip) In 1988, Michelle Robinson was a young Sidley lawyer
Sanford, Fla--The screams are clearly coming from a distraught male, whose repeated cries for help end abruptly with a gunshot. What is not clear from a recording of a 911 call, however, is the identity of the screamer: George Zimmerman, the volunteer community watchman, or Trayvon Martin, the unarmed 17-year-old he killed that night. (Snip)One [expert witness] concluded that the voice was not Mr. Zimmerman’s; the other said it was very likely Mr. Martin’s. In an order released on Saturday, the judge in the case, Debra S. Nelson, excluded their testimony. She said the science supporting
While media mogul Oprah Winfrey has been promoting her new film, “Lee Daniels’ The Butler,” she revealed she was a recent victim of profiling while shopping in a store in Zurich.(Snip)“I was in Zurich the other day at a store, whose name I will not mention,” Winfrey said on “Entertainment Tonight,” “and I didn’t have my eyelashes on, but I was in full Oprah Winfrey gear…but obviously, ‘The Oprah Winfrey Show’ is not shown in Zurich. So this doesn’t happen to me unless somebody obviously doesn’t know that it’s me.” Winfrey went on to explain that she was in Zurich for Tina Turner’s wedding,
Appearing on This Week With George Stephanopoulos, Republican Congressman Louie Gohmert battled not only the Democratic panelists but also conservative pundit George Will over the wisdom of shutting down the government to prevent Obamacare funding. Gohmert strongly condemned President Barack Obama’s argument at Friday’s news conference that the GOP’s “holy grail” was enying millions of people health insurance. “That’s a false narrative,” Gohmert said. “He says we’re trying to keep people from having health care. That’s just not true. That is an absolute, blatant lie. We’re not trying to keep anybody from getting health care.
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.
During his Wednesday appearance on Jay Leno´s "Tonight Show,´ President Obama made three factual gaffes; one of them involved the claim that cities not found along the Gulf of Mexico are. Were Obama a Republican, these gaffes would have led news coverage for the next forty-eight hours. Not only did most of the media ignore or downplay these gaffes; the Associated Press went so far as to cover one of them up. In its coverage Thursday, rather than point out the president´s geographical error, the wire service made it look as though no error was made.
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.
Ames, Iowa — Donald Trump delivered a blistering attack on Mitt Romney’s campaign today. “I don’t know what the hell happened with his campaign,” Trump said in a speech at The Family Leader Summit. “I just don’t get it. That was an election that couldn’t have been lost.” “Every single state that they asked me to go or do some phone calls or some television, we won in the primaries,” Trump remarked. But he also criticized what the campaign had initially wanted him to say in robocalls. “They gave me this most pathetic thing to say. I said,
The taxpayer-supported Missouri State Fair is getting a lot of negative publicity in social media Sunday following a report of a shameful stunt that occurred Saturday night in Sedalia. (Snip) Basically, a clown wearing a mask of Obama came out during the bull riding event. The crowd was asked if it wanted to see Obama “run down by a bull. Things got worse from there." Things got worse from there, which doesn’t surprise me, given the anti-Obama feeling among many fairgoers from rural Missouri, where Obama lost to Mitt Romney (at least 60-40 percent in much of outlying parts of state)
During a press conference yesterday, President Obama revealed the existence of a sealed indictment in the Benghazi attacks in Libya on September 11, 2012, leaving some experts questioning whether the president broke the law. Federal law states that ´no person may disclose [a sealed] indictment´s existence,´ and that doing so may be ´punished as a contempt of court,´ a charge that carries a minimum sentence of six months prison. The announcement came as a surprise to some insiders, as the existence of a sealed indictment has not been publicly confirmed or denied by law enforcement or
During an hour-long deep dive into the growing use of food stamps in America, Fox News highlighted “the new face of food stamps.” That new face is a pina colada-sipping, lobster-loving lothario named Jason Greenslate. Greenslate, a 29-year-old La Jolla California surfer and musician who sings that he does not want a “motherfucking job” and has “fuck no” guilt about living on $200 of what he calls “free money ” — or what the government called Supplemental Nutrition Assistance Benefits — while he avoids a job to hang out on the beach, sing and chase women.
President Obama took his case for ending the sequester to hundreds of disabled veterans Saturday, saying he protected their benefits from the “reckless” cuts to the federal budget but suggesting next year might be different. “It’s hurting our military. I made it clear that your veteran’s benefits are exempt from this year’s sequester,” the president said to the applause of hundreds at the Disabled American Veterans´ convention in Orlando, Fla. “But I want to tell you going forward the best way to protect the VA care you have earned is to get rid of this sequester altogether.”
Rooms have to be found for dozens of Secret Service agents, someone has to carry a selection of presidential basketballs, and of course the family dog needs his own state-of-the-art aircraft. Arriving in the idyllic coastal retreat of Martha´s Vineyard in Massachusetts, Mr Obama left behind him in Washington DC high profile debates over the budget, government surveillance and his health care reforms. Instead, he will spend the next eight days playing golf, going to the beach, and buying books from the Bunch of Grapes bookstore.
Eydie Gorme, a popular nightclub and television singer as a solo act and as a team with her husband, Steve Lawrence, has died. She was 84. Gorme, who also had a huge solo hit in 1963 with "Blame it on the Bossa Nova," died Saturday at Sunrise Hospital in Las Vegas following a brief, undisclosed illness, said her publicist, Howard Bragman. Gorme was a successful band singer and nightclub entertainer when she was invited to join the cast of Steve Allen´s local New York television show in 1953. She sang solos and also did duets and comedy skits with Lawrence, a rising young singer who had joined