PERFECT AD ; BUT PLENTY MORE TO COME ; just skimming the surface at this present time. get ready for a repeat of the fighting candidates , '' in their own words about each other ''. EVERYBODY KNOWS THEY ARE HIPOCRITS , '' BOUGHT AND PAID FOR BY THE 1%ers !!!!!!!!!!!

Democrats have been stealing from the treasury for years. Obama has just increased the theft at taxpayers expense.

Collapse Coming–Not Recovery

March 12, 2012, at 10:55 pm
by Greg Hunter in the category USAWatchdog.com |

By Greg Hunter’s USAWatchdog.com (Revised)

Dear CIGAs,

The way the latest unemployment numbers were reported by the mainstream media (MSM), you would think the Great Recession was over and the United States was solidly on the road to recovery. The Associated Press reported the numbers by the Bureau of Labor Statistics (BLS) with a story that said, “The United States added 227,000 jobs in February, the latest display of the breadth and strength of the economic recovery. The country has put together the most impressive three months of job growth since before the Great Recession. The unemployment rate stayed at 8.3 percent. It was the first time in six months it didn’t fall, and that was because a half-million Americans started looking for work.” (Click here for the complete AP story.) I don’t see how the MSM can say this one number is “the latest display of the breadth and strength of the economic recovery.”

Cyclical and structural unemployment are gripping the nation. Certain jobs are gone forever or, at the very least, for a very long time. Maybe that’s why millions of people have given up even looking for work. Forbes.com reported, just a few weeks ago, millions have stopped looking for work, and the government has stopped counting them. The report said, “In the latest, much celebrated, unemployment report, the labor force participation rate had plummeted to 63.7%, the most rapid decline in U.S. history. That means that under President Obama nearly 5 million Americans have fled the workforce in hopeless despair. The trick is that when those 5 million are not counted as in the work force, they are not counted as unemployed either. They may desperately need and want jobs. They may be in poverty, as many undoubtedly are, with America suffering today more people in poverty than in the entire half century the Census Bureau has been counting poverty. But they are not even counted in that 8.3% unemployment rate that Obama and his media cheerleaders were so tirelessly celebrating last week.” (Click here for the complete Forbes.com report.)

While we are on the subject of unemployment and poverty, the number of people on food stamps jumped to more than 46.5 million in December 2011! It is a new all-time record. How can the nation be in a true “recovery” with increasing numbers of Americans on the government dole?

According to economist John Williams of Shadowstats.com, the latest good news about job creation is distorted with what he calls “massive seasonal adjustments.” The latest Shadowstats.com report, last Friday, said, “With heavy warping of the seasonal-adjustment process from the effects of the extreme nature of the current downturn, the resulting employment gain and unemployment rate level remain of questionable quality and significance.” If unemployment were calculated the way BLS did it in 1994 or earlier, the true unemployment rate would top 22% according to Shadowstats.com. Williams also says, “The outlook for the broad economy remains bleak, despite relatively upbeat February payroll data. Bank lending remains impaired, while household income has taken a new hit, as indicated in recent reporting. Separately . . . annual and monthly growth in the broad money supply appears to be stalling, again. That likely is a further indication of mounting difficulties in the systemic-solvency crisis.” (Click here to go to the Shadowstats.com home page.)

More…

In the simplest of terms, the U.S. dollar will take a beating in the end. That is going to be the result of all the bailouts and money printing to save an insolvent banking system.

There are areas where the government uses accounting gimmicks to make the economy look better than reality. For example, unemployment is reported by the government to be 8.3%; but if it was computed the way the government dit it in 1994 or earlier, the true unemployment would be 22.5% (according to Shadowstats.com).

The government numbers hide the fact the country and the U.S. dollar are both headed for deep trouble.

Source: Greg Hunter’s USAWatchdog.com

Subprime To The Rescue

March 5, 2012, at 10:00 am
by Greg Hunter in the category USAWatchdog.com |

By Greg Hunter’s USAWatchdog.com

Dear CIGAs,

Subprime lending is back, and it is creating headlines like: “February auto sales rise to highest level in 4 years.” That comes from a story last week from Reuters. Reuters goes on to say, “U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years . . . For a second month in a row, sales surpassed even the most optimistic expectations. Analysts ascribed the gains partly to rising consumer confidence and upbeat U.S. economic data.” (Click here for the complete Reuters story.) Subprime lending was one of the major causes of the 2008 economic meltdown. You would think the banks and the government would have learned a lesson, but they did not.

Subprime auto lending played a big part in those car sales figures. According to published reports, people with a credit score of just 500 can now get a car loan. As of last August, more than 40% of car loans were given to subprime borrowers. That number is growing according to Loans.org. It said two weeks ago, “Due to a new trend that many lenders have begun to participate in, more and more subprime borrowers were able to obtain vehicle financing. As a result, outstanding car loans rose by 3.8 percent, which is roughly $23 billion. That sharp uptick in outstanding vehicle financing brings the national total to $658 billion.” (Click here to read the complete Loans.org story.)

Nothing gets the economy going faster than loaning money to people with a high chance of not paying it back. Mind you, the economy is not improving because of increased exports, productivity gains, some sort of new technology or dynamic innovation. It appears to be improving (somewhat) because of the return of subprime lending. If that is not a sign of the impending doom of another future crash, I don’t know what is. If we could only put people back to work as fast as someone could qualify for a subprime car loan, we’d be able to fix America’s chronic unemployment problem—at least for a little while.

Not to be outdone by the auto industry, real estate is getting a boost from the government’s revamped “Home Affordable Refinance Program,” also known as “HARP 2.0.” This program is only available to homeowners who have mortgages with Fannie Mae or Freddie Mac, but that is effectively around half of the mortgage market. Perspective borrowers have to be current on their payments, and the mortgage must be under 125% of the home’s current value. In other words, if you owe a $125,000 mortgage but the home is only worth $100,000, you can still borrow the full $125,000 and get a new loan with cheaper payments.

Within Most Red States, the majority of people on welfare are Democrats.

Alabama--66.3% of people on welfare are black, voting 90% Democrat

Arizona--55.7% of people on welfare are Hispanic, voting 60% or so Democrat, 11.8% are black, 6.2% Native American

Arkansas--58.2% of people on welfare are black

Florida--46.6% of people on welfare are black, whites make up 31.2% of welfare recipients

Georgia--70.2% of people on welfare are black

Louisiana--78% of people on welfare are black

Mississippi--83.6% of people on welfare are black

North Carolina--58.6% of people on welfare are black

North Dakota--53.3% of people on welfare are Native American, voting majority Democrat

South Carolina--69.2% of people on welfare are black

South Dakota--73.7% of people on welfare are Native American

Tennessee--53.6% of people on welfare are black

Texas---57.5% of people on welfare are Hispanic, 25.5% are black. Only 15.5% of people on welfare in Texas are white.

Virginia--61.4% of people on welfare are black

In very few red states are the majority of people on welfare white (Alaska, W. Virginia, Kentucky). In most red states the majority of people on handouts are Democrats.

The govt stats on TANF are here:

http://www.acf.hhs.gov/programs/ofa/character/fy2009/tab08.htm

on top of the racial demographics, we know that in every exit poll the poor (the people on welfare) vote 2/3 or better Democrat.

WHY AMERICA 'S ECONOMY FELL OFF THE CLIFF

John Smith started the day early having set his alarm clock

(MADE IN JAPAN ) for 6 am.

While his coffeepot

(MADE IN CHINA )

was perking, he shaved with his

electric razor

(MADE IN HONG KONG )

He put on a

dress shirt

(MADE IN SRI LANKA ),

designer jeans

(MADE IN SINGAPORE )

and

tennis shoes

(MADE IN KOREA)

After cooking his breakfast in his new

electric skillet

(MADE IN INDIA )

he sat down with his

calculator

(MADE IN MEXICO )

to see how much he could spend today. After setting his

watch

(MADE IN TAIWAN )

to the radio

(MADE IN INDIA )

he got in his car

(MADE IN GERMANY )

filled it with GAS

(from Saudi Arabia )

and continued his search

for a good paying AMERICAN JOB.

At the end of yet another discouraging

and fruitless day

checking his

Computer

(made in MALAYSIA ),

John decided to relax for a while.

He put on his sandals

(MADE IN BRAZIL ),

poured himself a glass of

wine

(MADE IN FRANCE )

and turned on his

TV

(MADE IN INDONESIA ),

and then wondered why he can't

find a good paying job

in AMERICA

AND NOW HE'S HOPING HE CAN GET HELP FROM A PRESIDENT

MADE IN KENYA

"The Good Old Days"

To Those Born Between 1920 - 1979

TO ALL THE KIDS WHO SURVIVED the 1930's, 40's, 50's, 60's and 70's!!

First, we survived being born to mothers who smoked and/or drank while they were pregnant.

They took aspirin, ate blue cheese dressing, tuna from a can, and didn't get tested for diabetes.

Then after that trauma, we were put to sleep on our tummies in baby cribs covered with bright colored lead-based paints.

We had no childproof lids on medicine bottles, doors or cabinets and when we rode our bikes, we had no helmets, not to mention, the risks we took hitchhiking.

As infants & children, we would ride in cars with no car seats, booster seats, seat belts or air bags.

Riding in the back of a pick up on a warm day was always a special treat.

We drank water from the garden hose and NOT from a bottle.

We shared one soft drink with four friends, from one bottle and NO ONE actually died from this.

We ate cupcakes, white bread and real butter and drank Kool-aid made with sugar, but we weren' t overweight because, WE WERE ALWAYS OUTSIDE PLAYING!

We would leave home in the morning and play all day, as long as we were back when the street lights came on.

No one was able to reach us all day. And we were O.K.

We would spend hours building our go-carts out of scraps and then ride down the hill, only to find out we forgot the brakes. After running into the bushes a few times, we learned to solve the problem.

We did not have Playstations, Nintendo's, X-boxes, no video games at all, no 150 channels on cable, no video movies or DVD's, no surround-sound or CD's, no cell phones , no personal computers, no Internet or chat rooms .......

WE HAD FRIENDS and we went outside and found them!

We fell out of trees, got cut, broke bones and teeth and there were no lawsuits from these accidents.

We ate worms and mud pies made from dirt, and the worms did not live in us forever.

We were given BB guns for our 10th birthdays, made up games with sticks and tennis balls and, although we were told it would happen, we did not put out very many eyes.

We rode bikes or walked to a friend's house and knocked on the door or rang the bell, or just walked in and talked to them!

Little League had tryouts and not everyone made the team. Those who didn't had to learn to deal with disappointment. Imagine that!!

The idea of a parent bailing us out if we broke the law was unheard of. They actually sided with the law!

These generations have produced some of the best risk-takers, problem solvers and inventors ever!

The past 50 years have been an explosion of innovation and new ideas.

We had freedom, failure, success and responsibility, and we learned HOW TO DEAL WITH IT ALL!

If YOU are one of them, CONGRATULATIONS!

You might want to share this with others who have had the luck to grow up as kids, before the lawyers and the government regulated so much of our lives for our own good.

While you are at it, forward it to your kids so they will know how brave (and lucky) their parents were.

Kind of makes you want to run through the house with scissors, doesn't it?!

Obama and EPA just wiped out energy by shutting down coal fired plants. Better think again about this miserable leader when he is no longer in office and you are shivering and your kids are sick all the time.

Obama made a joke video showing him leading in oil production. Really the only thing he wants to lead in is solar panels.

I forgot he wants to lead in giving you the highest cost for energy in the world. Liberals will one day blame Bush for Obama failure. They can not give the blame, where it is due being Obama.

NEITHER OBAMA NOR ROMNEY HAVE THE ANSWERS

President Obama has already demonstrated his energy program and planning activities have been disastrously deficient.

Romney's approaches to solving the energy problem seems to carry a somewhat cavalier tone about them. He needs to be more down to earth on this and then carefully evaluate what works and what doesn't. Merely using rhetoric that "we will be free of the Saudi dependence" is ridiculously old, shopworn and hackneyed. Politicos have been saying that since the 70s during Nixon's regime.

The DoE has to take a more scientifc and enterprising role in this than being a mere paper pusher of taking in proposals and rubber stamping them. I used to think the DoE had some really smart scientists, don't they?

Isn’t it ironic? The food stamp program, part of the Department of Agriculture, is pleased to be distributing the greatest amount of food stamps ever.

Meanwhile, the Park Service, also part of the Department of Agriculture, asks us to "please do not feed the animals" because the animals may grow dependent and not learn to take care of themselves.

Does Obama ever get his priorities straight?

Mr.PheaNiques-0000001

@Bob

Fact is a four letter word that doesn't have a meaning in a Dem dictionary

@ I need

seriously?? maybe we should just 15 trillion on the Lions making the Superbowl and get out of debt

Mr.PheaNiques

Wow, from the Etch a Sketch Party, callins someone else a liar.

I guess you, like every other Republican is trying to pretend the the deficit was caused by Obama. Another blatant Republican lie. Of the present debt we have $9 Trillion was amassed by Reagan, Bush Sr, and Bush Jr.

The additional debt incurred by the Obama Administration was to stave off a second Great Republican Depression. Now Republicans are espousing the exact same policies that caused the financial collapse. Every time Republican economic policies have been implemented, they have caused a recession. However, since Republicans can only remember what they have been told to remember, it is no surprise that they don't know these things.

I Was In A Cold Sweat

when i awoke. There were excited Afgan tribal elders screaming as they chased me. I was tied to the back of a burning wagon that was loaded with dynamite headed for a cliff. My drawers were around my ankles and I had a pound of mom's best margarine stuck in my a$$s. I couldn't stop shaking so I went to see my friend Barack. Barack works at a bar down the street. The first thing he did was prescribe 4 fingers of Irish sedation. Then, after i told him about my nightmare. he was quiet for a while . When he spoke he said that the wagon on fire was the global economy. The Afgan elders were his elected officials. I asked him what the pound of butter was, and he said,"quantitative easing". I feel better already......

"America Is Bankrupt and Broken"

Untouchable Pensions in California May Be Put to the Test
By MARY WILLIAMS WALSH
Published: March 16, 2012

When the city manager of troubled Stockton, Calif., had to tell city council members why it was on track to become the biggest American city yet to go bankrupt, it took hours to get through the list.

There was the free health care for retirees, the unpaid parking tickets, the revenue bonds without enough revenue to pay them. On it went, a grim drumbeat of practically every fiscal malady imaginable, except an obvious one: municipal pensions. Stockton is spending some $30 million a year to pay for them, but it has less than 70 cents set aside for every dollar of benefits its workers expect.

Some public pension experts think they know why pensions were not on the city manager’s list. They see the hidden hand of California’s giant state pension system, known as Calpers, which administers hundreds of billions of dollars in retirement obligations for municipalities across the state.

Calpers does not want cities like Stockton going back on their promises, and it argues that the state Constitution bars any reduction in pensions — and not just for people who have already retired. State law also forbids cuts in the pensions that today’s public workers expect to earn in the future, Calpers says, even in cases of severe fiscal distress. Workers at companies have no comparable protection.

Stockton is in the midst of a mediation process with its creditors that will determine by the end of June whether it will file for Chapter 9 bankruptcy, which would allow the city to negotiate reductions in its debt in court.

More…

"Wall Street owns Obama"

Why Are the Fed and SEC Keeping Wall Street’s Secrets?
By William D. Cohan Apr 1, 2012 6:01 PM ET

Getting what should be public information about major Wall Street firms can be maddeningly difficult.

Bloomberg News discovered this in its ultimately successful effort to get information on the $1.2 trillion in “secret loans” the Fed doled out during the financial crisis. And I’ve had no small experience of it myself.

As I started each of my three books — about Lazard Freres, Bear Stearns and Goldman Sachs Group Inc. (GS) — I submitted Freedom of Information Act requests to the appropriate government agencies (the Securities Exchange Commission, the State Department and the Federal Reserve) to obtain whatever documents, memos and e-mails they had about these companies and their senior executives.

I was hoping to find, among other nuggets, details of enforcement actions, or settlements that were reached where the firms “neither admitted nor denied” guilt, or other documentary evidence of the coziness that has for too long existed between Wall Street and Washington.

Sadly, getting this information in anything like a timely basis — say, before my books were finished and published — has been nearly impossible. At first, when I asked the SEC about documents related to Lazard’s role in the Hartford-Mediobanca scandal starting in 1968 and ending in 1981, the agency told me it could not release the information. When I reminded the FOIA administrator that the SEC had already released the information, years before, to another journalist, the agency dug up the 40 boxes of unindexed, unorganized documents and invited me to a warehouse in Pennsylvania to take a look. After an hour or so, the clerk asked me if I was done with my review. (Eventually, I persuaded the SEC to ship the boxes — at my expense — to its office in Manhattan, where I spent months poring over them.)

More…

Recovery? Housing says it’s a Hoax

March 28, 2012, at 10:11 am
by Greg Hunter in the category USAWatchdog.com | Print This Post | Email This Post

By Greg Hunter’s USAWatchdog.com

Dear CIGAs,

Watching the financial channels yesterday, I could not tell you how many times the word “recovery” was used. Sure, the stock market is up, but that is compliments of the Federal Reserve. Since the 2008 financial meltdown, we’ve had a money printing extravaganza. There was QE1, QE2, Operation Twist, dollar swaps with Europe and 0% interest rates (on a key rate) through 2014. Of course the stock market is up, it loves free money. Wall Street may have recovered, but Main Street is still in the dumper. (Actually, Wall Street has just broken even since the 57% plunge it took up to March of 2009.) Professional commodities trader Dan Norcini said, this week, on his blog, “. . . the FED IS TERRIFIED OF RISING INTEREST RATES.” Norcini explains, “. . . the US federal debt is at banana republic levels and any, I repeat, any rise in interest rates, will suck more of the incoming federal revenue into servicing the cost of this debt (paying the interest on it), leaving less for the spendthrift class to buy votes with. Bernanke and company cannot afford to have a stock market that stops moving higher because if and when it did, the entire facade of an economy on the mend would come crashing down with it.” (Click here to read the complete Trader Dan post.)

The Fed may have juiced the stock market with cheap money and ultra-low interest rates, but the housing market is dead. According to the latest Case-Shiller Home Index, prices are down—again. The latest data, released yesterday, reveals prices in 17 of 20 cities surveyed were down. Atlanta home prices plunged by a whopping 14.8% year-over-year. The best year-over-year increase was turned in by Detroit, with a paltry 1.7% increase. According to the Case-Shiller report, “As of January 2012, average home prices across the United States are back to the levels where they were nearly a decade ago – in early 2003. Measured from their June/July 2006 peaks through January 2012, the peak-to-current decline for both the 10-City Composite and 20-City Composite is 34.4%. January’s levels are new lows for both Composites in the current housing cycle.” (Click here for the complete Case-Shiller press release.)

I see no recovery for people on Main Street as far as housing is concerned, and neither does economist John Williams of Shadowstats.com. His latest report, last week, focused solely on housing and construction. The first line in his report says it all, “The construction industry remains distressed in the extreme, clobbered by collapsing broad economic activity from 2006 into 2009 and by three subsequent years (and counting) of no recovery—just economic stagnation.” (Click here to go to the shadowstats.com home page.) You want to see what construction spending on payrolls looks like on a chart? Here’s the ugly picture, compliments of Shadowstats.com.

More…

Best one-liner I heard the other day. Obama spins his energy policy so fast over and over again, he could be used as a oil drill bit ! Classic !

The poor and the middle class are being severely hurt by Obama's energy policies. No President has attacked the poor and the middle class with such a vengeance. Increasing energy costs will take the US into a depression as the middle class won't be able to go to work! Prices for everything will skyrocket due to transportation costs. Anyone with common sense knows that the US needs cheap (ok, inexpensive) energy to survive. Al Qaeda is dangerous to the US; Obama may be worse!

Of course he has to talk about someone else's energy policy because he has none to talk about. His energy policy is a DISASTROUS FAILURE just like everything he hasn't done. Notice I said he hasn't done. Because if he done something, it/they would be beneficial to America. That is why he is a despicable failure because he hasn't done anything. And this is the person going up for re-election? America, if you re-elect this man back to the WH, then you have proven to the world you are a fool for electing a DISASTROUS FAILURE for president a second time. And you do not deserve the world's respect for a leader nation. One mistake is enough and forgivable. The same mistake the second time is total idiocy.

Gotta love it when the GOP's lies come back to haunt them again and again! XD Why can't they just tell the truth? Aren't they "moral", "Christian" people? At least they claim to be. LOL WHAT A LAUGH! -Brett-

Koch bros are under FBI investigation and belong in jail IMO.

These are the people behind the right.

Great ad- hearing all those GOP/baggers heads explode, just a faint pop, nothing inside so at least no mess!

Seriously out come the faux noise talking points.

He's destroying America, disastrous failure blah blah can the GOP/baggers get anymore hyperbolic?

Meanwhile Mittens the liberal er moderate er servilely conservative, says if we get rid of PP, the Women that count on PP for healthcare, can go where ever they want, it's a free country. They want to go to PP, what other options are there for poor and working Women without health insurance? Huh genius?

Obama/Biden 2012

Some political folks are talkers and someare doers. Me thinks the talkers think the public is dumber than a tree full of opossum. Voting for a talker is like a chicken voting for Colonel Sanders.

This is news? PLEASE... Mark Murray needs to register as a lobbyist for this piece. "... this one a response to a recent $3 million-plus ad blitz by the American Energy Alliance, a group with ties to the conservative Koch Brothers" and to be objective, who financed this ad, Mark. The Obama campaign doesn't need any financial backing . . . they have MSNBC to do it for free.