The only reason you are getting this clear reporting is this isn’t from an American paper.

Millions of jobs created and/or saved!
Hope and Change for the MASSES!
As Obama promised, HE won’t TAX you.
Now you know why!

Jobless millions signal death of the American dream for many

[snip]
Just how badly the great recession has struck this fragile New Jersey city, which is currently the poorest in America, was recently spelled out to Gaines. In happier times – whatever that might mean for a city as destitute as Camden – local businesses on Haddon Avenue could at least rely on a bit of trade from those who made their money on the street.

Young men bought flashy clothes and got sharp haircuts and always paid in cash. But no longer. The economy is now so bad in Camden that even the criminals are struggling and going short. “Even the guys who got money from illegal means really don’t want to spend it,” Gaines said. [snip]

America appears to be a society splitting down the centre, shattering the middle class that long formed the cultural bedrock of the country and dividing it into a country of haves and have-nots. “A once unthinkable level of economic distress is in the process of becoming the new normal,” warned Nobel-prize winning economist Paul Krugman in a recent New York Times column. Or, as Steven Green, an economics lecturer at Baylor University, put it to the Observer: “We are really in a tough spot right now.”

There is a new name for those falling down the black hole of joblessness that has opened up in America’s economy. They are the 99ers.

It is a moniker that no one wants. It refers to the 99 weeks of benefits that the jobless can qualify for in America. Government cash helps those laid off keep a tenuous grip on a normal life. It keeps a roof over their heads, pays a phone bill, puts food on a table and petrol in a car. But once the 99 weeks are up the payments stop – as is happening now for millions of people – and they are 99ers. [snip]

In a city that has had it tough for decades these are hammer blows to its residents. One woman who has watched in dismay as the recession unfolded outside her door is Dorothy Allen, 81, who has lived near Haddon Avenue for almost four decades. Known by almost everyone as “Mom”, she calls herself “the mother of the block”. She has never known anything like the area’s current troubles. “I have been here since 1971 and it’s the worst it’s ever been,” she said. Yet to listen to America’s politicians many would think recovery is just a matter of time. Yes, they say, the recession has been hard, but America will pull through and everything will be as it once was. Last week New Jersey senator Robert Menendez visited Camden, stopping at a local health clinic. He spoke of the achievements of the Democrats in staving off economic disaster.

Job creation was coming, he told his audience of health executives: “It is not going fast enough to get people back to work but it’s a dramatic turnaround.“(emphasis added)
It does not feel that way for millions of Americans all across the country. Camden is far from unique in slashing its services. In Colorado Springs more than a third of street lights have been switched off to cut the municipal electricity bill. The city has also sold off its police helicopters.

Are you not rejoicing that the Jackass Party finally understands what’s wrong! Our DEAR LEADER will fix the problem soon, probably by 2014, if and only if, you reelect the entire batch of fumblenuts currently in power.
I don’t think we can take any more of this “dramatic turnaround.”

The Country is swooning from ecstasy NOW.

You’d think that Obama would be one of the first to honor these workers.
Not a peep from him or from Bernie Sanders, a great paladin of the United Workers Party.

How strange that the socialist Germans
would honor the deaths of 125 workers killed
be the government in putting down these protests in 1953.

 

Germany commemorates 1953 workers’ uprising

BERLIN (AP — Germany is marking the anniversary of a failed worker-led uprising against East Germany’s communist rulers that was crushed by Soviet tanks.[snip]

Overall, more than 1 million people took part in some five days of pro-democracy unrest. Historians estimate that some 125 protesters were killed — shot or crushed by tanks — and as many as 15,000 arrested.

The uprising peaked on June 17, with street battles in East Berlin between the workers and Soviet troops and East German police.

How uncaring of the Bamster not to walk the walk after he flaps those lips in pious speechifying. A true liberal er, ah Proggy liar.

 Needs to happen here, nothing like an object lesson.

Daily scoreboard

From the New York Times: “Since processed foods account for most of the salt in the American diet, national health officials, Mayor Michael R. Bloomberg of New York and Michelle Obama are urging food companies to greatly reduce their use of salt. Last month, the Institute of Medicine went further, urging the government to force companies to do so.”

The British government tried to keep the populace under its thumb in India by taxing the hell out of salt. Today, India has salt — but no British government.

So much for the Nanny State crap!

You actually have more questions?.

This posting is for any Libertarian/Conservative reader.
Liberals, please ignore it, Obama is there to protect and save YOU!

A huge rush, these always come with a surge. Out of the cafes and idling spots, come the idiots, the believers in OPM as a style of living and the sustenance of LIFE.This time it’s too late, rioting, looting and burning can’t bring back what no longer exists.
The indolent style of the status quo has no status; it’s KAPUT!
(Posting this is so enjoyable BECAUSE it’s from the NY Times)

THERE IS NO MORE OPM!

Europeans Fear Crisis Threatens Liberal Benefits

PARIS — Across Western Europe, the “lifestyle superpower,” the assumptions and gains of a lifetime are suddenly in doubt. The deficit crisis that threatens the euro has also undermined the sustainability of the European standard of social welfare, built by left-leaning governments since the end of World War II.

Europeans have boasted about their social model, with its generous vacations and early retirements, its national health care systems and extensive welfare benefits, contrasting it with the comparative harshness of American capitalism.

Europeans have benefited from low military spending, protected by NATO and the American nuclear umbrella. They have also translated higher taxes into a cradle-to-grave safety net. “The Europe that protects” is a slogan of the European Union.

But all over Europe governments with big budgets, falling tax revenues and aging populations are experiencing rising deficits, with more bad news ahead.

With low growth, low birthrates and longer life expectancies, Europe can no longer afford its comfortable lifestyle, at least not without a period of austerity and significant changes. The countries are trying to reassure investors by cutting salaries, raising legal retirement ages, increasing work hours and reducing health benefits and pensions.[snip]

 We have coddled them with military protection, which pumped money into their economy, allowed for egregious lawsuits over damaged lawns and cars and insufferable protests by the very bungholes sitting on their asses, retired at 28- swilling beer and coffee all day.

UP YOURS, COMMIE UNIONISTS. Now you’ll have to burn down everything while rioting; with luck, it’ll be your house. But the OPM won’t be coming back. The promises of the Collectivist Brotherhood of Unionists turned out empty. The Radiant Future of the Great Social Reform, put out by stale spilled beer. How f**king condign! The Muzzies will make them work!

Think you’re going GREEN?

Leaked Doc Proves Spain’s ‘Green’ Policies — the Basis for Obama’s — an Economic Disaster

Pajamas Media has received a leaked internal assessment produced by Spain’s Zapatero administration. The assessment confirms the key charges previously made by non-governmental Spanish experts in a damning report exposing the catastrophic economic failure of Spain’s “green economy” initiatives.  (emphasis added) [snip]

But today’s leaked document reveals that even the socialist Spanish government now acknowledges the ruinous effects of green economic policy. [snip]

The government report does not expressly confirm the highest-profile finding of the non-governmental report: that Spain’s “green economy” program cost the country 2.2 jobs for every job “created” by the state. However, the figures published in the government document indicate they arrived at a job-loss number even worse than the 2.2 figure from the independent study.

This document is not a public report. Spanish media has referred to its existence in recent weeks though, while Bloomberg and the Washington Examiner have noted the impact: Spain is now forced to jettison its plans — Obama’s model — for a “green economy.”

Remarkably, these items have received virtually no media attention.

An item which has been covered widely, however, is that President Obama is now pressuring Spain to turn off its spigot of public debt in the name of averting a situation similar to that of Greece. (emphasis added)

Also covered widely is Obama’s promotion of the American Power Act — the legislation which would replicate Spain’s current situation in the United States.

Put simply, Obama is currently promoting a policy in the U.S. which is based on a policy that he wishes to see Spain abandon. Welcome to Obamaland, the particulars of which are explained in a fashion grandly more illuminating than this Obama-Zapatero dance in Power Grab: How Obama’s Green Policies Will Steal Your Freedom and Bankrupt America.

If any have watch the wild gyrations of the sovereign debt markets and the currency exchanges in the past couple of weeks, you know what has happened with the Euro and the Yen, the Yuan, the Ozzie and the Dollar.
Silver, which normally trades around $6/oz is at $19/oz USD. Gold up, copper down, stocks dropping and bank stocks really taking a hit.

Europeans are trading out of the Euro into Gold; they don’t buy it like we do. They use it as currency, they learned a long time ago paper money is just that, paper.

None of this is possible when Nations are on the Gold Standard. But that severely limits Socialists from spending, so we have Fiat Money and this current mess.

The world will go back on the Gold Standard.

Obama’s plan for health care for all seems to be working just fine.
Everyone will have a little health care; very little to none unless YOU can afford to take a Medical Vacation to some place than doesn’t have SOCIALIZED medicine, India comes to mind.
Obama didn’t lie about one thing; the costs will go down. There will be little left to pay for that has any worth.

Texas doctors opting out of Medicare at alarming rate

Texas doctors are opting out of Medicare at alarming rates, frustrated by reimbursement cuts they say make participation in government-funded care of seniors unaffordable.

Two years after a survey found nearly half of Texas doctors weren’t taking some new Medicare patients, new data shows 100 to 200 a year are now ending all involvement with the program. Before 2007, the number of doctors opting out averaged less than a handful a year.

“This new data shows the Medicare system is beginning to implode,” said Dr. Susan Bailey, president of the Texas Medical Association. “If Congress doesn’t fix Medicare soon, there’ll be more and more doctors dropping out and Congress’ promise to provide medical care to seniors will be broken.” [snip]

Health insurers post losses, blame state rate caps

The state’s four biggest health insurers today posted first-quarter losses totaling more than $150 million, with three of the carriers blaming the bulk of their deficit on the Patrick administration’s decision to cap rate increases for individuals and small businesses. [snip]

On April 1, the Massachusetts Division of Insurance rejected the insurers’ proposed double-digit premium increases for small businesses and individuals in the so-called small group market, instead ordering the carriers to continue using premiums that took effect a year earlier.

The companies, which contend they will lose millions of dollars because of the rate caps, are challenging the decision in administrative hearings and through a lawsuit in Suffolk Superior Court.

This certainly is CHANGE!

The EU is undergoing the bombardment now; WE’RE next! OPM is DEAD!

When Other People’s Money runs out

Its culture of self-sufficiency, always at risk in a welfare state, broke down. In the U.S., too much credit and too little regulation revealed the flaws of our form of capitalism.
[snip]
Unlike capitalism, collectivization runs riot at a snail’s pace in democracies. But there, too, culture broke down — the culture of self-sufficiency, which is always at risk in a welfare state. And just as they did here, people there spent more than they earned, even if their governments did the borrowing and spending for them. In both places, elected leaders are loath to let creditors take a bad haircut for fear of dragging the entire system down. [snip]

Attitudes toward lenders, who in both Europe and the U.S. seem at last to have awakened from their greedy trance, are remarkably parallel. Over here, people are mad at bankers and investors for lending us so much in the first place. And over there, anger arises because lenders are increasingly unwilling to lend at all, potentially leaving Greece and God knows who else unable to finance their deficits. It’s remarkable that in both capitalism and socialism, the trouble is the same: Sooner or later you run out of OPM.

If the recent American financial crisis filled our European frenemies with delicious Schadenfreude, it now seems that it’s our turn to take pleasure and say “I told you so!” [snip]

U.S. Debt Shock May Hit In 2018, Maybe As Soon As 2013: Moody’s

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=532490
[snip]
The key data point in Moody’s view is the size of federal interest payments on the public debt as a percentage of tax revenue. For the U.S., debt service of 18%-20% of federal revenue is the outer limit of AAA-territory, Moody’s managing director Pierre Cailleteau confirmed in an e-mail.

Under the Obama budget, interest would top 18% of revenue in 2018 and 20% in 2020, CBO projects.

But under more adverse scenarios than the CBO considered, including higher interest rates, Moody’s projects that debt service could hit 22.4% of revenue by 2013.

“While we see limited risk of a U.S. sovereign debt downgrade in the next 2-3 years, beyond that we cannot be so certain,” wrote Societe Generale’s economics team in a recent report. [snip]

The U.S. economic recovery is on shakier ground.

The growing European debt crisis has sent stock markets on a wild ride. A weaker European economy could sap demand for U.S. exports and hurt sales by U.S. companies in Europe. U.S. banks that hold European government debt also could cut back on lending to conserve cash.
“The perception of risk has just changed in a major way,” said Mark Vitner, senior economist at Wells Fargo Securities. “Business leaders now think there is more risk in the world economy than they did 30 days ago.”

Half of U.S. Home Loan Modifications Default Again

March 25 (Bloomberg) — More than half of U.S. borrowers who received loan modifications on delinquent mortgages defaulted again after nine months, according to a federal report.

The re-default rate of loans modified in the first quarter of 2009 was 51.5 percent by the end of the year, the Office of the Comptroller of the Currency and the Office of Thrift Supervision said in a joint report today. The figure, which measures payments at least 30 days late, climbed to 57.9 percent for changes made in the prior 12 months. [snip]

The Democrats during Carter and Clinton Regimes insisted banks lend to borrowers that could not meet normal borrowing requirements. The Congress kept this policy ongoing and thwarted Bush’s attempt to change the program.

Modifications are “clearly not working well and it’s not a surprise,” said Sam Khater, a senior economist at First American CoreLogic in Tysons Corner, Virginia. “It’s pointless to rewrite these loans because they’re underwater.”

Socialism doesn’t work.
One cannot run a State/Country on OPM without requiring repayment of all that money at interest on time.
Only very high taxes on every citizen of the population can give “free” benefits to the recipients of that entity. No exceptions!

Always buy low and sell high! In Venezuela, that’s easy to do!

All you have to do is buy something and wait a day; the price will go up. Of course the value of one’s money drops in proportion.
We’ll see this marvel of Progressive Economics here soon the way Obama and the Congress is printing and spending money.

Venezuela annual inflation rate hits 30 percent

[snip]
The Central Bank and National Statistics Institute on Friday reported a 5.2 percent increase in consumer prices during April, driving up the annual rate to 30.4 percent.

President Hugo Chavez’s government has been struggling against the highest inflation rate in Latin America and a weakening economy in general.

Prices increased 11.3 percent from January to April, up from 6.7 percent inflation in the same 2009 period. [snip]

The country imports most of its food, and Chavez on Friday announced the government will create an import-export corporation aiming to break with the private sector’s “hegemony.” It wasn’t immediately clear how the new state entity would operate.

You know how it will operate, as well as the rest of the economy in any socialist armpit country or state.

Chavez said wealthy Venezuelans involved in the import business “buy abroad, come here and ask for more than it really costs.”

It is ALWAYS THE RICH, but isn’t Chàvez rich?
Look at how well off he is and how he lives.

You might want to keep your mouth closed!

The Left amazes me. They decried the intrusiveness of the Patriot Act; scurrilous politics at it’s worst, they claim. However,

To achieve this end, they will demand that the State take over parenting, schools, businesses, meetings in private clubs requiring everything from car seats to no smoking in one’s own home and fine or incarcerate individuals for violations. A man’s home isn’t his Castle, it has be come his prison.

One shall be told what type of car may be driven, the kept temperature of one’s abode in winter and summer, the amount of salt in one’s tomato juice, sugar in orange juice and how many eggs to consume per week.
Now it’s Health Care mandates, next car types, ability to sell your home (Cap & Trade Laws) where you can live and given what is happening to small business and taxes, whether you’ll work for how much and where.

Your selection of news viewing, paper reading will be tempered by approved transmissions. Obama and the FCC once tried Net Neutrality simply because you will not read the proper blogs. Bi-partisanship is called for when they lose; otherwise it’s “Get over it, you lost.” Political discourse is in moderation and of course must be inoffensive and Politically Correct.

There is no such thing as a little power in this world; everyone wielding it want a bit more so that they can adjust another perceived societal ill, clean up that wart, bring us “Social Justice”, which has nothing to do with justice and everything to do with getting even.

The Xantippic Nanny State, where one is free to be oneself, with out care or worry, is the Socialist Utopian Dream.
Watch your footing, don’t want you to get off the approved path. 

All this must have to do with whose G.W. BUSH is passing the laws, eh?

Given our economic condition, we have a good chance to catch up with Argentina.

RAHN: Could the U.S. become Argentina?

Obama policies have put the nation on a similar downhill slide

A century ago, if you had told typical citizens of Argentina (which at that time was enjoying the fourth-highest per capita income in the world) that it would decline to become just the 76th richest nation on a per capita basis in 2010, they probably would not have found it believable. They might have responded, “This could not happen; we are a nation rich in natural resources, with a great climate for agriculture. Our people are well educated and largely descended from European stock. We have property rights, the rule of law and an open free-market economy.”  [snip]

In the 1930s, the Argentine government increased its interventions in the private economy. Juan Peron took over in 1946 and ended up nationalizing the railroads, the merchant marine, public utilities, public transport and other parts of the private economy. For much of the past half-century, Argentina has engaged in a series of erratic monetary policies, often resulting in periods of very high inflation and economic stagnation. Because of their political power, the unions have been coddled, resulting in unsustainable wage-and-benefit programs. Excessive government spending has caused recurrent fiscal meltdowns, where both foreign and domestic debt-holders have lost many of their investments.  [snip]

Argentina has a long history of deficit spending, which, in turn, has made government debt burdens so high that the government refuses to pay the debt to the private domestic and international debt holders. Over the next 30 years, economists associated with the Bank for International Settlements in Basel, Switzerland, estimate (as have many U.S. economists) that the U.S. public debt will rise to between 200 percent and 500 percent of GDP. (It is now about 60 percent.) Debt levels of 200 percent to 500 percent cannot be supported; hence, the debt holders will face erosion of their capital through either inflation or nonpayment.

The U.S. is not yet Argentina, but, if many of the policies of the Obama administration are not reversed, America will only get poorer and, in as little as 30 years, become a middle-income country, while dozens of other countries will enjoy a higher standard of living. (emphasis added)

Is this the Hope and Change you wanted?
Hope so fools, for this is what Obama the America Hater is delivering!

Win a Bernie Yard Sign

You can be a WINNER!

All you have to do is count the number of illegals escaping from this crash and accurately tell how many were wearing seatbelts!
Anyone can enter; enter as ofter as you like! Mail your entry along with this URL to any Bernie Sanders Senatorial office in Vermont or DC and sit back and wait.
Proof of Citizenship NOT required and frowned upon. [snip]

View the Video to count the number and guess the seatbelt count. Great prizes and a special FIRST prize, don’t miss out.

H/T Vermont Loon Watch

Clinton alludes to 1995 bombing, says words matter

Thanks for the reach around, Bill
More to the point though,  just how damn dense can you get?
People in LARGE crowds at the Capitol, in Congressman’s offices, via phone calls and faxes gave voice to the word NO to Obama’s* policies! Harry Reid and Pelosi told the Country to stuff it!
(*Anyone know who is Nehemiah Scudder)

Former President Bill Clinton warned of a slippery slope from angry anti-government rhetoric to violence like the 1995 Oklahoma City bombing, saying “the words we use really do matter.” [snip]

They do, Words like “VAST RIGHT-WING CONSPIRACY” and politics of personal destruction are YOUR words Bill. Like now as then, complicit still is TASS, aka, the MSM. Remember, how you had your Presidential johnson stepped on in the mid-terms. The people were not anywhere near as pissed then as they are now.

On April 19, 1995, an anti-government conspiracy led by Army veteran Timothy McVeigh exploded a truck bomb outside the Alfred P. Murrah Federal Building, killing 168 people.

“What we learned from Oklahoma City is not that we should gag each other or that we should reduce our passion for the positions we hold - but that the words we use really do matter, because there’s this vast echo chamber, and they go across space and they fall on the serious and the delirious alike. They fall on the connected and the unhinged alike,” he said. [snip]

He also alluded to the anti-government tea party movement, which held protests in several states Thursday. At the Washington rally, Republican Rep. Michele Bachmann of Minnesota railed against “gangster government.”
Clinton argued that the Boston Tea Party was in response to taxation without representation. [snip]

I strongly suggest the same taxation without representation pant load is on going in DC today with one party rule. Cap&Tax, Amnesty for illegals, government handouts to big banks, bailouts of homeowners who bought houses they could never afford, systemic destruction of small businesses by onerous laws, roll back of welfare reforms, failure to deal with the bankruptcy of Social Security/Medicare/Medicaid and the idea of businesses being “Too Big to Fail.”

Clinton thinks this is about words?
DUMB PUTZ!

Talking AT each otherDifferent Species.

All the tainted individuals belonging to this REGIME need to be ousted. Included are those appointed to various agencies and their underlings, not just the Heads and Cabinet hacks.

This will be no different from rooting out a criminal enterprise; our economy and way of life is plundered by this pack of pirates.
Congress and the White House are complicit as Progressives/Socialists and %^**&#@ Liberals.

Party Time, Party like it’s 1773 again!