Endless Obama Malaise: Last July, 2013 the government has been consistently exaggerating the number of new jobs. The Obama administration admitted as much when they revised the job...

timmh67 Loc: USA...West Coast

Last July, 2013 the government has been consistently exaggerating the number of new jobs. The Obama administration admitted as much when they revised the job numbers backwards for July. Turns out our summer celebration of recovery was premature.

Remember the parade of analysts telling us how great the Obama economy was going to be? Well, theyve been spreading the same line for nearly five years. Meanwhile, America has struggled through a gut-wrenching recession.

Here again, we should not listen to what the politicians, central bankers and agency heads say. Instead, you should follow what they do. Let others be fooled by the endless head f**es.

The current unemployment figure peddled by the government is 7.3%. This is a crock. Its only this low because theyre neglecting to account for the hardcore unemployed, whove become so discouraged by the Obama malaise that theyre no longer bothering to look for work.

The labor participation rate is a pathetic 63.2%. This participation rate takes us back to the 1970s, when many women were still staying at home the last time this rate was this low.
Its gut-wrenching to watch a generation of young Americans suffer so completely. Youth unemployment is still above 16%, and the low wages those in their twenties are earning at their part-time jobs are likely to plague them to retirement.

Never has government at all levels eaten more of the sustenance of the people. Were finally the collective of Obamas dreams. Together, were all getting collectively poorer.
And as we look ahead, its clear that our risks are still enormous.
Despite all the rhetoric from Fed Chairman Ben Bernanke, I believe quantitative easing is far from over. This is another example of dont listen to what they say, watch what they do. The Federal Reserve is continuing to buy more than $85 billion in toxic bonds month in and out,plus China has said they are not going to buy anymore of the USA debts. While Ive never supported this ridiculous bailout of overspending politicians and greedy bankers, sadly, I dont see it ending soon. Although common wisdom expects the much-trumpeted tapering, when markets actually figure out this was all a ruse, the market reaction will be violent.

Worse yet, the debt v***s of the 2008 financial crisis is still with us. Many of our banks have only papered over their balance sheet problems. If the too-big-to-fail banks were forced to mark all assets to their current value, theyd likely fail. Only the Federal Reserve has been busy buying their toxic bonds, and thats weighing heavily on the U.S. dollar. The dollar has been under pressure, which is counterintuitive considering the dramatic hike in interest rates weve suffered. It's hard to be possitive and keep your heads up high with all of this avoided nonsence Obama has created. "Remember... Obama said in his own words he would cut the US debt in half." Well ?

Ve'hoe

YOu have to pay very close attention to job claims,,,, about a week or two after every report they will "revise downward" so I suppose, over time they get the whole t***h out there,,, that isn't lying is it????

Besides most dumb dumbs in American apparently believe it and v**ed him back in!!!!

timmh67 wrote:

Last July, 2013 the government has been consistently exaggerating the number of new jobs. The Obama administration admitted as much when they revised the job numbers backwards for July. Turns out our summer celebration of recovery was premature.

Remember the parade of analysts telling us how great the Obama economy was going to be? Well, theyve been spreading the same line for nearly five years. Meanwhile, America has struggled through a gut-wrenching recession.

Here again, we should not listen to what the politicians, central bankers and agency heads say. Instead, you should follow what they do. Let others be fooled by the endless head f**es.

The current unemployment figure peddled by the government is 7.3%. This is a crock. Its only this low because theyre neglecting to account for the hardcore unemployed, whove become so discouraged by the Obama malaise that theyre no longer bothering to look for work.

The labor participation rate is a pathetic 63.2%. This participation rate takes us back to the 1970s, when many women were still staying at home the last time this rate was this low.
Its gut-wrenching to watch a generation of young Americans suffer so completely. Youth unemployment is still above 16%, and the low wages those in their twenties are earning at their part-time jobs are likely to plague them to retirement.

Never has government at all levels eaten more of the sustenance of the people. Were finally the collective of Obamas dreams. Together, were all getting collectively poorer.
And as we look ahead, its clear that our risks are still enormous.
Despite all the rhetoric from Fed Chairman Ben Bernanke, I believe quantitative easing is far from over. This is another example of dont listen to what they say, watch what they do. The Federal Reserve is continuing to buy more than $85 billion in toxic bonds month in and out,plus China has said they are not going to buy anymore of the USA debts. While Ive never supported this ridiculous bailout of overspending politicians and greedy bankers, sadly, I dont see it ending soon. Although common wisdom expects the much-trumpeted tapering, when markets actually figure out this was all a ruse, the market reaction will be violent.

Worse yet, the debt v***s of the 2008 financial crisis is still with us. Many of our banks have only papered over their balance sheet problems. If the too-big-to-fail banks were forced to mark all assets to their current value, theyd likely fail. Only the Federal Reserve has been busy buying their toxic bonds, and thats weighing heavily on the U.S. dollar. The dollar has been under pressure, which is counterintuitive considering the dramatic hike in interest rates weve suffered. It's hard to be possitive and keep your heads up high with all of this avoided nonsence Obama has created. "Remember... Obama said in his own words he would cut the US debt in half." Well ?

Last July, 2013 the government has been consistent... (show quote)

timmh67 Loc: USA...West Coast

Ve'hoe wrote:

YOu have to pay very close attention to job claims,,,, about a week or two after every report they will "revise downward" so I suppose, over time they get the whole t***h out there,,, that isn't lying is it????

Besides most dumb dumbs in American apparently believe it and v**ed him back in!!!!

Ve'hoe... I honestly would say the dumb dumbs didn't have any idea what they were doing in v****g obama back in. The one thing I do know is they v**ed for free entitlements as obama dangled the carrot in front of their noses.

faithistheword

[quote=timmh67]Ve'hoe... I honestly would say the dumb dumbs didn't have any idea what they were doing in v****g obama back in. The one thing I do know is they v**ed for free entitlements as obama dangled the carrot in front of their noses.[/quote

I STILL don't believe there are enough dum-dums to have v**ed THAT dum-dum back in office! I think there was a massive amount of v***r f***d. There are 10 MILLION fewer jobs in the USA than there were when Pres. Bush left office. Wouldn't those 10 million have eagerly v**ed for Romney? What about all us conservatives who had been waiting for 4 yrs. to go to the polls? How could he possibly have "won"? The least the Republicans in DC should do is impeach him! The best they could do is put him on trial.

timmh67 Loc: USA...West Coast

[quote=faithistheword][quote=timmh67]Ve'hoe... I honestly would say the dumb dumbs didn't have any idea what they were doing in v****g obama back in. The one thing I do know is they v**ed for free entitlements as obama dangled the carrot in front of their noses.[/quote

I STILL don't believe there are enough dum-dums to have v**ed THAT dum-dum back in office! I think there was a massive amount of v***r f***d. There are 10 MILLION fewer jobs in the USA than there were when Pres. Bush left office. Wouldn't those 10 million have eagerly v**ed for Romney? What about all us conservatives who had been waiting for 4 yrs. to go to the polls? How could he possibly have "won"? The least the Republicans in DC should do is impeach him! The best they could do is put him on trial.[/quote]

Trial and jail works for me and probably a few others.

Ve'hoe

One thing is for sure,,, he is the president ,,,,, again,, and we are all dumber for it...

timmh67 wrote:

Trial and jail works for me and probably a few others.

timmh67 Loc: USA...West Coast

Ve'hoe wrote:

One thing is for sure,,, he is the president ,,,,, again,, and we are all dumber for it...

The only dumber are the ones who v**ed for berry and the ones who stayed home who could have v**ed.

joe1941

timmh67 wrote:

The only dumber are the ones who v**ed for berry and the ones who stayed home who could have v**ed.

I couldn't have stated much better!

Ve'hoe

T'weren't me!!

joe1941 wrote:

I couldn't have stated much better!

bmac32 Loc: West Florida

Ben's replacement will be hand picked by Obama, Larry Summers who was favored by the WH withdrew his name because of objections of the Senate Banking Committee. Saw a list of top five, all YES men or women, all love spending money. Ben was bad but he didn't have a lot of help and next up will likely be worse.

While the WH claims 150,000 jobs a month that's the break even point while in June Obama claimed 500,000 in the last 38 months, which is 131,578 a month. That was a year ago and we're still just under the 500,000 mark.

timmh67 wrote:

Last July, 2013 the government has been consistently exaggerating the number of new jobs. The Obama administration admitted as much when they revised the job numbers backwards for July. Turns out our summer celebration of recovery was premature.

Remember the parade of analysts telling us how great the Obama economy was going to be? Well, theyve been spreading the same line for nearly five years. Meanwhile, America has struggled through a gut-wrenching recession.

Here again, we should not listen to what the politicians, central bankers and agency heads say. Instead, you should follow what they do. Let others be fooled by the endless head f**es.

The current unemployment figure peddled by the government is 7.3%. This is a crock. Its only this low because theyre neglecting to account for the hardcore unemployed, whove become so discouraged by the Obama malaise that theyre no longer bothering to look for work.

The labor participation rate is a pathetic 63.2%. This participation rate takes us back to the 1970s, when many women were still staying at home the last time this rate was this low.
Its gut-wrenching to watch a generation of young Americans suffer so completely. Youth unemployment is still above 16%, and the low wages those in their twenties are earning at their part-time jobs are likely to plague them to retirement.

Never has government at all levels eaten more of the sustenance of the people. Were finally the collective of Obamas dreams. Together, were all getting collectively poorer.
And as we look ahead, its clear that our risks are still enormous.
Despite all the rhetoric from Fed Chairman Ben Bernanke, I believe quantitative easing is far from over. This is another example of dont listen to what they say, watch what they do. The Federal Reserve is continuing to buy more than $85 billion in toxic bonds month in and out,plus China has said they are not going to buy anymore of the USA debts. While Ive never supported this ridiculous bailout of overspending politicians and greedy bankers, sadly, I dont see it ending soon. Although common wisdom expects the much-trumpeted tapering, when markets actually figure out this was all a ruse, the market reaction will be violent.

Worse yet, the debt v***s of the 2008 financial crisis is still with us. Many of our banks have only papered over their balance sheet problems. If the too-big-to-fail banks were forced to mark all assets to their current value, theyd likely fail. Only the Federal Reserve has been busy buying their toxic bonds, and thats weighing heavily on the U.S. dollar. The dollar has been under pressure, which is counterintuitive considering the dramatic hike in interest rates weve suffered. It's hard to be possitive and keep your heads up high with all of this avoided nonsence Obama has created. "Remember... Obama said in his own words he would cut the US debt in half." Well ?

Last July, 2013 the government has been consistent... (show quote)

rickdri

timmh67 wrote:

The only dumber are the ones who v**ed for berry and the ones who stayed home who could have v**ed.

Exactly right! Many people did not v**e because they were afraid of putting a Morman in office. I know of several people that did not v**e for that reason. I'm sure there were many more that did not v**e for that reason. Now we suffer because of the ignorance of these people!

bmac32 Loc: West Florida

Heard the same against Kennedy, of course Morman is a socalled dirty word and no one was honest enough to say Obama was Muslim.

rickdri wrote:

Exactly right! Many people did not v**e because they were afraid of putting a Morman in office. I know of several people that did not v**e for that reason. I'm sure there were many more that did not v**e for that reason. Now we suffer because of the ignorance of these people!

timmh67 Loc: USA...West Coast

rickdri wrote:

Exactly right! Many people did not v**e because they were afraid of putting a Morman in office. I know of several people that did not v**e for that reason. I'm sure there were many more that did not v**e for that reason. Now we suffer because of the ignorance of these people!

rickdri, for me I really do not see Mormans as a threat or most of the different denominations other than the muslims. According to the Karan, Coran or how ever they want to spell it they are the threats and according to there teachings anyone who is not muslim beliefs need to die. Thats what scares me. To hell with the bleading hearts who stick up for them.

mikey

timmh67 wrote:

rickdri, for me I really do not see Mormans as a threat or most of the different denominations other than the muslims. According to the Karan, Coran or how ever they want to spell it they are the threats and according to there teachings anyone who is not muslim beliefs need to die. Thats what scares me. To hell with the bleading hearts who stick up for them.

right on brother

hprinze Loc: Central Florida

[quote=faithistheword][quote=timmh67]Ve'hoe... I honestly would say the dumb dumbs didn't have any idea what they were doing in v****g obama back in. The one thing I do know is they v**ed for free entitlements as obama dangled the carrot in front of their noses.[/quote

I STILL don't believe there are enough dum-dums to have v**ed THAT dum-dum back in office! I think there was a massive amount of v***r f***d. There are 10 MILLION fewer jobs in the USA than there were when Pres. Bush left office. Wouldn't those 10 million have eagerly v**ed for Romney? What about all us conservatives who had been waiting for 4 yrs. to go to the polls? How could he possibly have "won"? The least the Republicans in DC should do is impeach him! The best they could do is put him on trial.[/quote]

Even though that massive foter fraud is as plain as the nose on your face, the average American refuses to open his eyes and see it.