This is what happens when Democrats destroy an economy.

People get desperate:

Stay classy, Atlanta burglars.

Last month, thieves reportedly stole more than $250,000 worth of equipment from a warehouse northwest of the city, the Atlanta Journal-Constitution reports. The building was being used to film “Anchorman 2: The Legend Continues” — a sequel to the 2004 comedy “Anchorman,” starring Will Ferrell and Christina Applegate.

The building’s owner, Davis Nort, told authorities that $300,000 worth of copper wiring had been stripped from the building. The suspects also made off with four Apple computers.

“It’s a shame this happened,” Nort told WSBTV, “because Atlanta is really trying to get big in the film industry.”

via ‘Anchorman 2’ Set Burglarized In Northwest Atlanta  Huffington Post.

The plain truth is that the Democrats under Bill Clinton passed the sub-prime clause to the Community Reinvestment Act of 1973, in 1994. Clinton also repealed the Glass–Steagall Act. This caused an economic bubble and destroyed our economy. To be fair, the Republicans did not help matters either, when they removed a good deal of regulation from the SEC on loans and loan companies.  This only made things worse from the standpoint of how bad and big the bubble became.

When bubbles collapse like this one has, people become unemployed and people get desperate and when they do, they begin to steal. The ironic thing here is that the very polices that got us into this whole mess, which were passed in the 1990’s by the Democrats, are the very same one’s that the Democrats are advocating for now and are supported by people like Huffington Post and its owner.

Trickle down recession

This is what happens when Washington DC scares the living crap out of everyone:

SINGAPORE: Oil prices fell in Asian trade today on signs of weaker US energy demand and as positions hardened in a fiscal showdown in Washington that could push the world’s biggest economy back into recession.

New York’s main contract, light sweet crude for delivery in January was down 16 cents to USD 87.72 a barrel in the morning and Brent North Sea crude for January shed nine cents to USD 108.72.

A weekly US government report released yesterday showed a surge in supplies of gasoline and other products, indicating softer demand in the world’s biggest oil consuming nation.

The supplies of distillates, which include diesel and heating fuel that are closely watched at the onset of winter, rose by three million barrels, while gasoline inventories leaped by 7.9 million barrels, five times more than forecast.

“Oil prices fell… after data showed a huge increase in gasoline stockpiles in the United States last week,” Phillip Futures said in a market commentary.

The political impasse in Washington over avoiding mandatory fiscal cliff of tax increases and spending cuts in January that may toss the US economy back into recession was casting a cloud on sentiment.

via Oil prices down in Asian trade – The Economic Times.

This is what happens when you scare the living crap out of everyone with a chicken match. If you are invested in oil, get out while you can. On the other hand, gas prices are going to come down and for we middle class, that is a very good thing. But, for those in the market, it sucks. Good time to get out of futures and get into gold or something.

Oh yes, and the Democrats are owning this one too.

This pretty much sums it up

I know I said that I would not be linking to this guy anymore. I have reversed this decision. If Israel wants to be stupid, then they should expect derision from people like this man here.

Anyhow, this pretty much sums up my opinion of the Republican establishment:

The Republicans in the House are largely more conservative than at any time since Wilson left office. One would expect them to understand the intent of the voters who sent them there and thus say no to more taxes, no to more spending and no to more borrowing. Instead, we have Republican leadership in the House that actually proposed raising more revenue by eliminating deductions on income taxes. They somehow claim that they are being faithful to their stated mission of fiscal conservatism by making you pay more money but at the present tax rates. They, too, have failed economics 101.

Any significant movement of wealth from taxpayers to tax consumers will not enhance prosperity; it will crush it, and it will breed dependence on a government that is fiscally out of control. The recipients will no doubt vote to re-elect those who gave them these payments.

via NAPOLITANO: GOP for Big Government – Washington Times.

Amen and Amen. Big Government sucks and taxing the job creators is beyond stupid. If the GOP plays surrender monkey on this; you can kiss that party goodbye. Because the grassroots will not vote for a party that says one thing and does another.

I will also say this: If the Republican Party thinks for one lousy second that the Tea Party is dead and that the movement has ended, they will be in for a huge shock come 2014. I believe that there well a huge ground swell of voter discontent come 2014, especially after when taxes go up on small businesses.

So, if the GOP wants to cave on this; feel free — but the clock is ticking and you have basically blown through your political capital, Mr. Boehner. If you believe that punishing true Conservatives is going to do you any good. Think again. Oh, it will help you on the short-term, so that you can play nice with the President. But, in the long-term, you are toast. You will be out of job, because I tend to believe that the Republican grassroots and the Conservative grassroots —- you know, those who actually vote for you? — are not going to stand for this at all.

 

Mildly Interesting.

Some seriously good stuff here, go read it:

Exactly two years ago, some of the more politically biased progressive media outlets (who are quite adept at creating and taking down their own strawmen arguments, if not quite as adept at using an abacus, let alone a calculator) took offense at our article “In Entitlement America, The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year.” In it we merely explained what has become the painful reality in America: for increasingly more it is now more lucrative – in the form of actual disposable income – to sit, do nothing, and collect various welfare entitlements, than to work. This is graphically, and very painfully confirmed, in the below chart from Gary Alexander, Secretary of Public Welfare, Commonwealth of Pennsylvania (a state best known for its broke capital Harrisburg). As quantitied, and explained by Alexander, “the single mom is better off earnings gross income of $29,000 with $57,327 in net income & benefits than to earn gross income of $69,000 with net income and benefits of $57,045.”

via When Work Is Punished: The Tragedy Of America’s Welfare State | ZeroHedge.

Unbelievable what they’re doing to us. So sad. 🙁

Please be sure to go read the rest of that.

Others: JustOneMinuteInstapunditPower LineLe·gal In·sur·rec· tionAmerican PowerThe PJ Tatler,The Lonely ConservativeWake up AmericaScared Monkeysamericanthinker.comThe Gateway Pundit,MoonbatteryWeasel Zippers and UrbanGrounds

Least anyone should think I am getting wealthy

On my banners at the top and the big on in my far left side bar and after each blog posting.

These have been my earnings so far, since joining Adbrite:

All dates
Total Earnings
$4.25

;

;

That’s right, $4.25. not $425, not $4250 —- but four bucks and twenty-five cents.

The rest of the ads only pay, if you buy something. So far on those —- nothing.

Amazon is nil too.

Infolinks since last payment, which was March 1, 2012, is at $20.18.

So, you see now why I keep pounding the drum about the tip jar and fundraising?

So much for being a bought Koch brothers blogger eh? Which is what the left loves to call people like me.

I am not whining; just stating the facts and keeping my readers informed. I’m an honest sort, no reason to lie here. No ego here, just a love for Country.

….I just wish love paid more. 🙁

So, I shall use this as a reminder to

HIT THE TIP JAR!

One time support





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UPDATE: $10.00 donation from Bill in San Francisco (!) – Thank You!

your name can be here too!

The Hope and The Change: Restaurant Performance Index declined in September

All a part of The Hope and The Change that the President promised us.

Calculated Risk blog reports the following:

The RPI – a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry – stood at 100.4 in September, down 0.3 percent from August. Despite the decline, September represented the 11th consecutive month that the RPI stood above 100, which signifies continued expansion in the index of key industry indicators.

“Although restaurant operators reported softer same-store sales and customer traffic levels in September, they are somewhat more bullish about sales growth in the months ahead,” said Hudson Riehle, senior vice president of the Research and Knowledge Group for the Association. “Forty-five percent of restaurant operators expect their sales to improve in the next six months, while only 11 percent expect weaker sales.”

The Current Situation Index, which measures current trends in four industry indicators (same-store sales, traffic, labor and capital expenditures), stood at 99.9 in September – down 0.7 percent from a level of 100.6 in August. Although same-store sales remained positive in September, the softness in the labor and customer traffic indicators outweighed the performance, which led to a Current Situation Index reading below 100 for the second time in the last three months.

Here is the chart:

Click to make it bigger…

So, what does this have to do with Obama? Plenty. When you promise a better economy, and then, you spent 16 trillion-dollar on recovery that does not work and then you hike taxes on businesses and the middle class and above stop eating out, because of a President, who is more interested in taking trips and living it up, instead of actually running the Country. This is what happens, businesses suffer, and that includes Restaurants. Restaurants like Gallagher’s in New York, which survived the depression, but could not survive this economic downturn.

This is why we need to vote different in 2012; Are you unemployed? Are you feeling the pinch, like many Americans? This is why, when an economy gets depressed like this; this is what happens, restaurants and other businesses take the hit. Housing Market collapses, stock market tumbles, then the Economy drops. Then, the Government tries to print more money to fix it; and then everything you buy goes up. It is a vicious cycle and the only way to stop it, is to get the people out of power that caused it. This is why we have to vote for Mitt Romney. Memo to my Democratic Party friends: George W. Bush did NOT cause this mess. Bill Clinton did! Because of this, we are ALL feeling the pinch.

We need new leadership, and that is why we need Mitt Romney to be President of the United States.

That’s it?!?! — GDP grew 2% in 3rd Quarter

You gotta be kidding me! That’s the best that this President can do?

Via The NYT:

The economy grew at a annual rate of 2 percent in the third quarter, as more positive consumer activity and a healthier housing sector outweighed the effects of the drought, caution on the part of businesses and weaker exports.

The new figure, released by the Commerce Department on Friday, is the government’s first estimate of growth in the third quarter. It compares with the 1.3 percent pace of growth in the second quarter. In the first quarter of 2012, the economy also grew by 2 percent.

The report, stronger than expected, came amid fears that companies are clamping down on spending in the face of fiscal uncertainty in Washington, a recession in parts of Europe and a deceleration in demand from China. Some economists fear all these factors will keep a lid on any pickup in growth in the final quarter of 2012 and the first quarter of 2013.

Exports, for example, decreased by 1.6 percent in the latest quarter, compared to a 5.3 percent increase in the second quarter.

The slow pace of growth since the end of the last recession has been a dominant theme in the presidential race, with Republicans pointing to recent data as evidence that the economy is moving too slowly to make a meaningful dent in unemployment.

In recent days, government data and earnings reports from corporate bellwethers have suggested that companies are becoming more cautious. On Thursday, the Commerce Department reported that orders for nondefense capital goods, excluding aircraft, were flat in September, disappointing experts who had forecast a slight gain.

But there were several elements of good news for the White House in Friday’s report. Consumer spending rose at a seasonally adjusted annual rate of 2 percent, compared to 1.5 percent in the second quarter. Residential investment increased at an annual rate of 14.4 percent in the third quarter, versus 8.5 percent in the second quarter, a positive sign for the housing sector.

Notice it says, “Strong than expected.” Another word for “unexpectedly!” Honestly, this is a paltry growth record. It is the best we are going to see, however; as long as we have a Marxist in the white house.

Needless to say, I happen to believe that America can do better than this; which is why I am voting for Mitt Romney.

Another good reason this President has to go

This guy lived like king, while people like me, suffered.

For the record, I do not blame this President for my issues. My issues pre-dated him in the White House. But, it’s the optics of the whole thing. The story is good, however. Go read.

That’s okay, I doubt this President will get reelected; you don’t kick your base to the curb repeatedly and mock the Netroots and get elected. 

(H/T Insty)