(Reuters) – Private employers added 162,000 jobs in September, topping economists’ expectations, a report by a payrolls processor showed on Wednesday.
Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 143,000 jobs.
August’s private payrolls were revised down to an increase of 189,000 from the previously reported 201,000.
If the best that the economists are shooting for is 150-160K jobs per month; that is setting the bar awful low.
What happened to all the jobs that were supposed to be created by the President’s stimulus program? I thought that when a Democrat was elected into the White House that all of the World’s problems would end for everyone? That the oceans would rise and the World would come together as one?
I guess not. 🙄
Anyone that votes for this President again, is a dad-blasted idiot. I mean, what the hell has he honestly done for the unemployed in this Country? I mean, the only people who have made out like bandits, and I do mean quite literally there; are the damned unions and special interest groups. (READ: Minorities, Green Energy and the like…)
It is a damned disgrace; which is why I am casting my lot with Romney. Neoconservative or not, I am voting for him. Because we can do better than this nimrod who is in there now.
It seems that in Ohio, there has been a decline in voter registration, especially in Democratic Party strongholds. This is also signaling a national trend. Here is the Story and Video via Fox News Channel:
The Video:
The Story:
“Don’t boo, vote,” President Obama often says in his stump speech whenever crowds boo a Romney plan.
The off-hand call to vote may be by design. It comes amid a precipitous decline in Democratic voter registration in key swing states — nowhere more apparent than in Ohio.
Voter registration in the Buckeye State is down by 490,000 people from four years ago. Of that reduction, 44 percent is in Cleveland and surrounding Cuyahoga County, where Democrats outnumber Republicans more than two to one.
“I think what we’re seeing is a lot of spin and hype on the part of the Obama campaign to try to make it appear that they’re going to cruise to victory in Ohio,” Cuyahoga County Republican Chairman Rob Frost said. “It’s not just Cuyahoga County. Nearly 350,000 of those voters are the decrease in the rolls in the three largest counties, Cuyahoga, Hamilton and Franklin.”
Frost points out that those three counties all contain urban centers, where the largest Democrat vote traditionally has been.
Ohio is not alone. An August study by the left-leaning think tank Third Way showed that the Democratic voter registration decline in eight key swing states outnumbered the Republican decline by a 10-to-one ratio. In Florida, Democratic registration is down 4.9 percent, in Iowa down 9.5 percent. And in New Hampshire, it’s down down 19.7 percent.
“It’s understandable that enthusiasm is going to wane a little bit from that historic moment (in 2008),” says Michelle Diggles, the study co-author and senior policy adviser for Third Way. “You can only elect the first African-American president of this country once.
Of course, there are other reasons why people are just not happy anymore with the Democrats:
One Democratic Party consultant told Fox News that independents in Ohio may be leaning Democratic – an effect that may be tied to the bailout of Chrysler and GM. One of eight people in Ohio work in businesses directly tied to the auto industry. The state has been carpeted with Obama ads that point to his bailout of the industry and it’s managed bankruptcy.
I do not mean to toot my own horn; but in this case, I must. I predicted that stuff like this would happen on my old blog. When the bailouts happened, and when the healthcare bill was pushed through. The truth is Independents are simply running away from Obama. Another thing too that this report did not cover; is that some Democrats are simply not happy with the Obama Administration. This is for a number for reasons: The continuation of Bush’s polices on the war on terror and the war is one. The failure to close the prisons in Gitmo is another. The continuing of the war in Afghanistan is another. Also too, Ohio is also a union State and when Obama’s chief of staff at the time, said “F*** the big three!”, many in Ohio heard about that too. This all makes for a unpopular President.
Also too; the economy in Ohio, here in Michigan; and nationally, just plain sucks. There are many small businesses in Ohio, many of whom are faithful Democrats; and they are just looking at their bottom lines and are looking at this President and wondering, “What on earth are they doing to us?” To be fair, it is not all of Obama’s fault. The Federal Reserve with it’s QE1, QE2 and now QE3 is not helping the situation at all. When the fed prints more money, inflation happens, which drives the prices of everything up and this, in turn, hurts businesses. Which, in turn, hurts the economy. Bill Clinton learned this lesson early on, and made adjustments. Jimmy Carter and this President, did not. For that, they are paying a price at the polls.
I should also mention that this current foreign policy debacle in Libya, and Egypt and the rest of the Arab World is also weighing heavy on the minds of people as well. As it was in 1979, with the Iran hostage crisis. Now, Iran is being a problem again. Which is very ironic.
History has such a strange way of repeating itself.
I saw the following this morning and I read the reactions to it and I honestly had to chuckle at it.
The National Review actually gave Governor Mitt Romney some rather good advice in a piece penned by the editors. The crux of it is here:
Americans are more likely to blame Bush for the financial crisis that started on his watch than to blame Obama for the slow recovery from it. And even before the financial crisis, the last period of Republican governance was not especially good for America’s middle class. Wages were flat for people in the middle of the income spectrum even when the economy was growing.
The Romney campaign acknowledges that the crisis began before Obama took office, but it has next to nothing to say about what Bush-era Republicans got wrong. The result is that Romney appears to be saying that everything was going swimmingly until Obama came along. That impression lends credence to Obama’s attempt to portray Romney as running for Bush’s third term. Romney’s silence about the errors of the Bush years is, on the other hand, understandable, since many Republicans continue to hold Bush in high esteem as a good man who tried to do a lot of good things. Since most Americans consider Bush a failure, Romney cannot embrace him either. So Bush has been an awkward non-presence in the campaign: the man who was not there.
Instead of an explicit repudiation or an embrace, Romney needs to move beyond the controversies of the Bush era. To do that, he has to alter his critique of Obama. What Romney should say is that our country has problems that have been building since long before Obama took office, and that what’s wrong with Obama is that he has either left them unaddressed or made them worse. The country’s looming debt crisis, its dysfunctional health-care system, and its irrational tax code are three of them. Romney will take on those challenges head-on. Those are the ideas he has been running on, after all.
Hmm. Really? Romney saying that the economic crisis began before Mr. Obama assumed office means that it began under…George W. Bush? Or did we miss something? Why should Mr. Romney be pointing fingers at his fellow Republicans?
The NR editors say that Romney’s silence on the Bush years is “understandable”? But, you know, maybe if Romney could take a few shots at Bush, well, that might not be so bad. But the NR editors appreciate why Romney isn’t going to pull the trigger on that one.
[…]
Most voters, who are living their lives for much more than politics and elections, aren’t likely to tune in to nuances.
Romney may win this critical election — let’s pray he does — but it will be due more to a bad economy, mounting troubles overseas, and the grace of God than to a good strategy, which should be based on rock-solid conservative principles and ideas, and not neutered arguments and finding fault with one’s own.
The NR sycophants who cheered W’s every crime now realize that he’s a ball and chain. Hilariously, these failed “conservatives” desperately want the Ministry of Truth to work overtime:
“Since most Americans consider Bush a failure, Romney cannot embrace him either. So Bush has been an awkward non-presence in the campaign: the man who was not there. Instead of an explicit repudiation or an embrace, Romney needs to move beyond the controversies of the Bush era.” [Ah — Why do they hate us? Now we know: because Ron Paul made Bush a presence, and calmly exposed his malefactions for all to see.]
A little late, children. Bush’s crimes are not “controversies,” they are realities — but today’s faux conservatives don’t understand metaphysics, they’ve bought into the Trotsky-Kristol-neocon dialectic instead. Nothing is real but power. Hence, Romney must use the Memory Hole, ignore the past, and look to the future.
FORWARD!
Uh, doesn’t that have a familiar ring to it? As in, Tweedle Dum and Tweedle Dee?
Yes, they are always wrong. And no, they will never, ever apologize.
Now that takes talent; when you can manage to get your writings criticized by the grassroots right and by the ultra-libertarian/almost left-wing crowd, at the same time. You must be doing something right. Good job NRO! Also too, it is good advice for Mitt Romney. He can acknowledge mistakes without shooting his own Party. It has been done before and can be done again. It just has to be done the right way.
Disclosure: I am one of those Americans. I have not worked, for someone else; since 2005. We can do better. Which is why I am voting for Mitt Romney in 2012. I hope you do the same.
Stuff like this right here, is why the rest of America happens to think that the Detroit, Michigan area is being ran by complete idiots. Please note: For you “out-of-town” folks; this is not happening in Detroit proper; but rather in the suburbs of Detroit. Still this points to the obvious fact that these people simply do not understand, that we here in Michigan, as well as the rest of the Country — are in a fiscal mess. Furthermore, it points to the recklessness of Federal spending by the Obama Administration.
Can someone please explain to be just how the hell this hideous looking thing is going to improve business and encourage tourism in the State of Michigan and in the cities these things are going to be in? You have GOT to be kidding me! A $595.000 boondoggle is what the hell they are! Click to make this ugly looking thing bigger, if you must….
At a cost of $150,000 each, two more pillars of artwork are being constructed along Woodward as a means of threading a link between the communities along the avenue and their histories.
Urban planners call the sculptures tributes. One is going up this week in Royal Oak and another in Highland Park, joining the two in Ferndale and Pontiac.
The tiny nonprofit group behind these sculptures recently received another federal grant for $595,000, allowing it to plan for even more tributes — at least three more — along Woodward in Detroit and its suburbs, although no decision has been made on locations.
According to Woodward Avenue Action Association’s Executive Director Heather Carmona, the mural-covered pillars, which illuminate at night, will boost economic development and more than pay for themselves.
What happens when someone suggests that these things might just actually be a waste of money? Quote:
“I don’t think this is a waste of tax dollars,” Highland Park Mayor DeAndre Windom said. “Things like this are necessary to spark the revitalization of a city such as Highland Park. We have job retraining here, people being placed in jobs, other ways we’re using tax dollars for revitalization. But this is different. This will be up forever in Highland Park.”
BWAAAHAHAHAHAHAHAHAHAHAHAHAW!!!!!! *wipes eyes* An overgrown lighted totem pole is what is needed to revitalize a city. Yes, you just read that correctly. Never mind police, never mind fire, never mind city services, never mind maybe actually paving the roads; never mind actually requiring owners to fix up and keep up their property. Yes, what we need to “revitalize” (Whatever that means!) the city is a bunch of overgrown lighted totem poles.
Here is another million dollar question: Who is going to pay for the upkeep of the totem poles? Who is going to change the lights in those things, when they finally do burn out? Who is going to replace the glass in the things, when some kids come by with baseball bats and bust it up? Who is on the chain to pay for the electric bill for lighting that totem pole? You have two guesses and the first one does not count! You guessed it; the residents of those cities, in the form of higher taxes. It is, in effect, a double robbery of the American people; first it is a waste of your federal dollars going to build a lighted totem pole, then it is the robbery of the citizens of the cities, where these hideous things will be located —- for upkeep.
In closing: This is what happens, when you elect Democrats to run a Country, a State and a City. Because quite frankly, they really do not give a damn where your hard earned tax dollars are spent or how they are spent at all. Furthermore, this is why the State of Michigan, and the city of Detroit and the surrounding suburbs are on the decline; because of complete and utter idiocy like this right here.
If it were not for the fact that this story was so darned funny; it would actually be pretty sad.
Mother Jones the crypt keeper of all things liberal, comes up with some really super secret video of Mitt Romney telling the absolute truth about the Obama voting people.
Here are the videos:
On Obama voters:
On Treating Obama gingerly, because he does not want to lose the independent voter:
On his consultants:
On the fact that most people couldn’t give a rip about politics; that they care about bread and butter issues:
On Obama and Wall Street; and if Mitt Romney wins, Wall Street will improve:
In this idiotic article, the author makes a false claim:
(Note: Obama did not promise his policies would keep unemployment under 8 percent,and 50 percent of college graduates are not unemployed.)
Mother Jones reporter David Corn claims the line about Obama promising to get unemployment under eight percent is not true.
Corn is wrong: Two of Obama’s economic advisers released a report in January 2009 arguing that the economic stimulus bill would have unemployment under 6 percent by now.
The following are 16 statistics which show that the number of Americans dependent on the government is at an all-time high….
#1 According to the Census Bureau, 49 percent of all Americans live in a home that gets direct monetary benefits from the federal government. Back in 1983, less than a third of all Americans lived in a home that received direct monetary benefits from the federal government.
#2 The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.
#3 The number of Americans receiving Social Security disability benefits has increased by 10 percent since Barack Obama first took office.
#4 Back in 1990, the federal government accounted for 32 percent of all health care spending in America. Today, that figure is up to 45 percent and it is projected to surpass 50 percent very shortly.
#5 The number of Americans on food stamps recently hit a new all-time high. It has increased by 3 million since this time last year and by more than 14 million since Barack Obama first entered the White House.
#6 Today, one out of every seven Americans is on food stamps and one out of every four American children is on food stamps. This is unprecedented in American history.
#7 In 2010, 42 percent of all single mothers in the United States were on food stamps.
#8 Back in 1980, government transfer payments accounted for just 11.7% of all income. In 2010, government transfer payments accounted for 18.4% of all income, which was a new all-time high.
#9 By the end of 2011, approximately 55 million Americans received a total of approximately 727 billion dollars in Social Security benefits. As the retirement crisis becomes much worse, that dollar figure is projected to absolutely skyrocket.
#11 Back in 1965, only one out of every 50 Americans was on Medicaid. Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse. It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
#12 The U.S. government now says that the Medicare trust fund will run out five years faster than previously anticipated.
#13 The total cost of just three federal government programs – the Department of Defense, Social Security and Medicare – exceeded the total amount of taxes brought in during fiscal 2010by 10 billion dollars.
#14 It is being projected that entitlement spending by the federal government will nearly double by the year 2050.
#15 Right now, spending by the federal government accounts for about 24 percent of GDP. Back in 2001, it accounted for just 18 percent.
So, in other words, Romney told the truth about the left and now they are having a collective (Something they do well, collectivism!) heart attack about it. Two words lefties: Oh well. Truth hurts don’t it?
NEW YORK (CNNMoney) — The Federal Reserve announced plans to unleash more stimulus Thursday, in its third attempt at a controversial program to rev up the U.S. economy.
The policy, known as quantitative easing and often abbreviated as QE3, entails buying $40 billion in mortgage-backed securities each month. The end date remains up in the air, as the Fed will re-evaluate the strength of the economy in coming months.
The Fed is wasting no time. The purchases begin Friday and are expected to add up to only $23 billion for the remainder of September. The bond-buying policy “should put downward pressure on longer-term interest rates, support mortgage markets, and help to make broader financial conditions more accommodative,” the Fed’s official statement said.
Meanwhile, the Fed will continue its existing policy known as Operation Twist. Together the two programs will add $85 billion in long-term bonds to the Fed’s balance sheet each month.
Now what effect will this have on our money supply?
Even less saving going on than is happening now. Why do the lending institutions need more liquidity? Because there are no real life loanable funds in the first place. No one is putting money in depository institutions, for example, because interest rates are at rock-bottom levels, but also because people have no excess money to save. So, the Fed is creating fake loanable funds through the purchase of the MBSs. Much of this will probably be newly-created money.
It will maintain the focus on consumer spending rather than investment. The idea is to keep people spending on real estate. Thus, less will be spent on business investment.
People will incur more debt.
We’ve heard for years from some incorrigible economists that what we need is the Fed to pump up the real estate market to get people spending again. Their answer is: more debt, more spending, less savings and investment.
This is what has been happening for years to no avail, of course, and the Fed is now just turning it up a notch. I’m sure recovery is right around the corner.
The definition of insanity/Keynesianism: Doing the same thing over and over and expecting a different result.
A-farking-men. This is what happens, when you elect the same very idiots, who screwed the housing markets squarely into the ground. People that voted for this sort of Government, get exactly what is coming to them and the sort of Government that they voted for. Who the heck ever heard of printing money, that you do not even have to print? It is the textbook case of utter insanity.
I will say this; if Mitt Romney loses this election and the way recent events have turned out, he just might lose —- and this Nation goes into the crapper, because Conservatives and the Republican Party decided to pick a safe candidate. Then the Republican Party should be shut down for good and a new Conservative Party formed. Others have said it, I know and they are absolutely correct.
This stuff right here is the very reason why I hung it up with the Democratic Party and stopped voting for them and supporting them. I am not a millionaire or even someone with any sort of money at all. Hell, I have been unemployed for 8 damned years. However, I do know stupidity, when it see it; and it is on full display here. Only insane people would do stuff like this, and try to rev up the economy. The solution is to let the free-market work and do its job, not stick a statist finger in it.
Also too; as much as I am not a big fan of weaving ads into my blog postings. I believe this one is important. This would be a good time as any to get into Gold, Silver and other metals. I deal with two companies that sell the stuff. Their banners are below and they both come highly recommended.
They are:
and…:
Current Prices:
It would be absoutely insane not to get into at least some sort of Gold or other precious metal investment.
