Posts Tagged ‘Massive Unemployment’

Beware of the Mainstream Media

by Alan Caruba on Tuesday, August 28th, 2012

This is article 347 of 557 in the topic Media

A recent outburst by MSNBC’s Chris Matthews was a near classic example of how some members of the media are so over the moon about Obama that it serves as a reminder that their long knives are out for the Romney-Ryan ticket.

Matthews’ man-crush on Obama is blatant, but I do take some heart from a recent Newsweek cover and article that tore Obama to shreds with facts and figures. It was so unusual, given the usual news magazine adoration accorded Obama that I found it odd, though welcome.

Much depends, of course, on the coverage that will be given by the network news channels, ABC, NBC, CBS, and we should include PBS as well. From my observation, only C-SPAN makes a good faith effort to provide balanced coverage of both parties and political viewpoints.

And, of course, there’s Fox News. “Fair, balanced and unafraid” is their motto, but Fox has been afraid to get anywhere close to the issues involving Obama’s blatantly false birth certificate, the fact that his closest advisors in the White House are committed Marxists, along with his long association with friends who fit that description such as Bill Ayers.

Moreover, Fox has liberal commentators such as Juan Williams on staff and invites liberals to share their views on air as well. That said, its conservative tilt makes it about the only TV news channel a conservative can watch without wanting to throw up.

Matthews became incensed with GOP Chairman Reince Priebus during a recent discussion prior to the convention, riding his hobby horse that any criticism of Obama is racist. This charge is used to inoculate Obama against a reasoned examination of his policies, all of which have brought the nation to the brink of financial collapse, along with massive unemployment and other ills. In the area of foreign affairs, he has thoroughly weakened America’s capacity to influence the world.

The New York Times columnist, Maureen Dowd, sharpened her knives in a predictable attack on Romney in the Sunday edition, but anyone other than a brain-dead liberal knows about this newspaper’s antipathy toward any conservative seeking or serving in public office. Referencing Romney’s little joke about not having to produce a birth certificate to prove he was born in Michigan—to a Michigan audience, Dowd opined that “Already suspicious conservatives pounced on the remark as proof that Mitt would say anything to get elected.” As if Obama isn’t already famous for that.

This is not to say that many conservatives spend a lot of time reading The New York Times. They don’t. It’s the other daily newspapers, primarily written by liberal journalists, that should be of concern. I stopped reading my own state’s largest circulation newspaper for just that reason. While it devotes its columns to tearing down Governor Chris Christie, the rest of the nation has embraced his Jersey-style straight talk and guess who will be the GOP convention keynote speaker?

While most people get their general news from television, conservatives prefer sources such as Fox News, along with The Wall Street Journal, the National Standard, and the many conservative news and opinion sites available on the Internet. I am inclined to believe that conservatives are, in general, better informed and, frankly, more intelligent than liberals.

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On Fairness and Unfairness

by Alan Caruba on Tuesday, April 24th, 2012

This is article 645 of 1300 in the topic 2012 Elections

Expecting the world to be fair to you because you are a good person is like expecting the bull not to charge because you are a vegetarian.”

I don’t know who said this, but it is a great piece of wisdom that we should all embrace.

Every time I hear President Obama talk about what is fair or not, I am reminded of how unfair it is to have a President whose personal history remains subject to question and the failure to provide documentation that most Americans are required to show for matters as simple as renewing a driver’s license.

I am not given to feeling sorry for myself because I long ago concluded that whatever good fortune comes my way is just that, luck. Hard work helps, but sometimes it too is not enough. We live in a casino called life.

Is it fair, for example, that I was born into the Great Depression over seventy years ago and now, when I should be enjoying retirement, I am living in something the economists call a recession, but is just as bad, if not worse, than it was when I was born.

Despite all the distractions to keep us from confronting massive unemployment, widespread foreclosures, a government rife with corruption, waste, and cronyism, a broken justice system, a President who won’t produce a passport and whose Social Security number is fake.

So what do we do? We all just soldier on trying to pay what we are told is our “fair share” of an unfair system of taxation. We do so when the government is so deep in debt it has to borrow 40 cents of every dollar it spends and has imposed a per capita debt of $140,000 on every American, including those born this day.

Kennedy who famously said, “Life is not fair”, would be assassinated in 1963 and next in line was Lyndon Baines Johnson who took the nation into war with Vietnam and 58,000 dead young Americans later he decided not to run for reelection. I still recall the protest marches. The sixties became synonymous with “hippies”, a burgeoning drug culture, and some of the best rock’n roll ever performed.

Then we got Richard Nixon and his Secretary of State, Henry Kissinger, who finally negotiated something called “peace with honor”, but the war was the first major defeat the nation had sustained. All of which made me wonder why no one in the White House or Pentagon pointed out to President Bush that neither Alexander the Great, the British Empire, nor the Soviets had gotten out of Afghanistan without being beaten to a pulp.

Apparently, a generation or two of voters were not paying attention in school if, indeed, American and world history was even being taught. In 2008 a slim majority elected Barack Hussein Obama, a thorough-going communist with total contempt for the Constitution, America, and its people. That’s not fair.

And how close did we come to electing an environmental charlatan called Al Gore? Or John Kerry whose choice for vice president, John Edwards, is currently in court charged with using campaign funds as a “gift” to his mistress and his illegitimate child, the result of an affair carried on while his wife was dying of cancer?

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The More Obama Speaks…

by Alan Caruba on Tuesday, September 13th, 2011

This is article 28 of 996 in the topic Obama

The most interesting thing happening in the world of politics and finance today is the way Barack Hussein Obama continues to lose traction every time he gives a speech.

After the “jobs” speech, Wall Street dropped three hundred points when the market opened the following morning.

When longtime, staunch supporters of Obama such as MSNBC’s Chris Matthews look and sound betrayed, it is clear that even Obama’s liberal base is in disarray. Matthews, presumably a seasoned political observer, had poured all his faith into Obama, believed in hope and change, and Obama only delivered a huge national debt, the first downgrade of the nation’s triple-A credit rating, massive unemployment, and the sad repetition of failed solutions.

Conservative commentators were openly disdainful of Obama’s use of a joint session of Congress as a stage for a purely political speech, but it was the public as always that had the last word.

Obama’s first speech to a joint session of Congress in February 2009 garnered 52.4 million viewers. By January 2010, the State of the Union speech drew 48 million and the 2011 SOTU attracted only 42.8 million.

His “jobs” speech was watched by 31.5 million. On the East Coast it was 7 PM, but in California it was 4 PM. Maybe it was just the time difference? Or maybe people have decided that listening to Barack Hussein Obama is just a great waste of time, no matter what the hour may be.

I know that the conventional political wisdom is that Obama has 14 months to go and that he’s a great campaigner, but to my eye his audiences following the “jobs” speech were composed mostly of union members or the very young.

Among the military, whenever he addresses them, the silence is palpable. Recall the sullen response he got at West Point when he announced his Afghanistan strategy, if one can even call it that.

There is a hard core of perhaps 20% who love Obama to the exclusion of his record of failure to focus on the economy. Others, though, from the black and Hispanic base are beginning to look for the exit. The Black Caucus is unhappy. Hispanics are unimpressed.

The race card is being played. Class warfare is being encouraged. These are the tools of a demagogue.

Obama, though, is convinced that if he just talks enough he can change opinion; thinks he is the master salesman, the ultimate campaigner. What he does not see, nor sense, is the derision with which his message is being received.

The public has had two and a half years to take his measure and while he cannot be fired until November 2012 and will not leave until January 2013, he is pure poison to any hope of economic recovery. He has the reverse Midis touch; whatever he touches turns to poop.

It was almost comical that the solar panel company he touted as the green jobs wave the future, Solyndra, received millions from the government, filed bankruptcy, and got a visit from the FBI that seized its records and computers. When it comes to picking winners and losers, Obama always manages pick a loser and stick the public with the bill.

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Jobs? Obama? Impeach Him!

by Alan Caruba on Thursday, September 1st, 2011

This is article 47 of 996 in the topic Obama

America is dying a death by a thousand cuts in the form of hidden and explicit taxation, the insane generation of new regulations, and the resulting massive unemployment. Obama just selected a new economic advisor who is known to favor a value-added tax that would drive up the cost of everything you purchase.

It’s not like solutions to our economic disaster are not known. They are and the Obama administration will not implement them. They do know what they are doing and it is deliberate.

On September 7, in the guise of a jobs speech Obama will offer massive new spending programs. The money for them would have to be borrowed. The interest on that borrowing would sink the nation further into debt.

In the August 31 edition of The Wall Street Journal, an editorial revealed that, when Speaker John Boehner asked the White House to disclose any “major” federal rules in the works with estimated economic costs of $1 billion or more, he was informed that the Obama regulatory agenda for 2011 contains 219 proposed such new regulatory initiatives.

In 2010 the administration had 191 proposed regulatory initiatives in the works which combined with those proposed in 2011 add up to a total of 410. By contrast the first two years of the Bush administration rulemaking accounted for only 103 new, major regulations.

Of seven pending major rules estimated to cost more than $1 billion one includes the Environmental Protection Agency’s ozone regulations, estimated to cost $90 billion if Congress does not step in and put a stop to it. The EPA is trying to eliminate one tenth of all the utilities that provide the electricity the nation needs to function.

The Competitive Enterprise Institute’s experts on regulation have concluded that the present cost of federal regulation to businesses that must comply with them is $1.75 trillion annually.

If you visit USA Action News.com, you will find an issues section devoted to the Cloward-Piven strategy named after two socialist academics who spelled out just what it would take to economically destroy the nation. It is being implemented by the Obama administration.

Why would anyone at this point think that President Obama knows how to create jobs?

Isn’t this the first President in the nation’s history to be in office when its historic AAA credit rating was downgraded?

Isn’t this the President whose original “stimulus” plan is universally regarded as a costly failure?

Isn’t this the President who added more than $4 trillion to the national debt in just two and a half years?

At TheEconomicCollapseblog.com, you will find an article, “Wake Up America! 10 Very Obvious Reasons Why the Devastating U.S. Jobs Famine is Going to Suck the Hope Right Out of America.”

If you lack the time to delve into it, here are some of its highlights:

Citing a recent article in the Wall Street Journal, it turns out that there are more unemployed Americans than the combined populations of Wyoming, Vermont, North Dakota, Alaska, South Dakota, Delaware, Montana, Rhode Island, Hawaii, Maine, New Hampshire, Idaho, and the District of Columbia.

The number of unemployed Americans is larger than the entire population of Greece!

The number of Americans on food stamps has increased 74% since 2007.

Among the reasons cited or suggested by the article were that politicians in Washington, D.C.

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U.S. Congress Working Against American Workers

by Frosty Wooldridge on Tuesday, May 24th, 2011

This is article 25 of 389 in the topic economy

After my latest column, “ILLUSION OF OBAMA AND CONGRESS EMPLOYING 15 MILLION UNEMPLOYED,” Barry McKenna, President of McKenna Service Company, spoke about the history of our massive unemployment problem.

Give us an idea of what our Congress and president are doing to the American worker Mr. McKenna:

“I have sold and serviced industrial equipment in the Mid-West since 1979 and witnessed manufacturing capability slip away to foreign countries,” said McKenna. “Politicians have always been more interested in “kickbacks” & “donations” to their campaign funds from multi-national corporations than National Security, our national defense, or our wealth. U.S. Super Power status is long past and just other illusion politicians put forth to the American people.

“Free trade policies were negotiated by political plants that have worked both sides of the table for their own gain. Forget the common good of the nation thus the conditions seen now.

“One of my customers, Brake Parts Mfg., was once based in the small town of Litchfield in central Illinois. The company started operation in 1905 and had manufactured brake components for every car ever made. My relationship with them spanned 33 years during which I had placed 85 CNC machine tools in that facility. The company employed about three thousand and it “was” the economic generator and job creator for that little town.

“Two years ago the company was purchased by a “multi-national” investment group named “The Affinia Group”. Affinia owned golf courses and hotels (but NO manufacturing facilities). Affinia decided to close Brake Parts and move all manufacturing to Mexico City, Mexico. All but four engineers were laid off as they were key to shifting the facility to Mexico. The reason for the move; Cheap Labor and no inbound tariffs to the U.S.A. from Mexico because of “Free Trade.”

“Years of working with people affords one the opportunity to get to know the employees on a “personal” level, i.e. their families, kids, grandkids, and etc. The people of Litchfield are what I call “Home Town America.”

“I called the engineering department shortly after the buy-out I found most of the employees had been let go. The “engineering secretary” (Vicki) then broke down crying as she told me the story of what was to transpire and everyone was losing everything. The plant is gone now as are the people and most of the town. This situation brings to mind scenes of Detroit, Michigan, which is also now a ghost town. Welcome to the New “Bill Clinton” America. When the government attempts to “fix” or “do business” it’s usually a disaster.

“Free Trade which was touted by politicians to bring jobs and wealth. It has done the opposite and statistics prove it. We gave away our technology to be used against us. The world is laughing at us.

“I visited the plant in Mexico City last year on a “service call”. Once at the airport I was told NOT to go out on the sidewalk at the airport or I would be kidnapped.

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