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Obama remains all wet when it comes to getting the message he no longer presides over his
magical kingdom!
It was pointed out to me that on election day the Democrats started out with a pretty healthy lead - and then the Republicans got off work...
You are probably too stupid to understand how stupid you are thought to be by the administration you stupidly believed cared about you.
https://www.youtube.com/watch?v=FvWYKQOEvBU
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Employment figures do not tell the entire story because you have to also look at the wages relationship.
Furthermore, the increase in employment is partially due to the fact that businesses are cutting back on work hours to avoid the Obamacare penalties and thus are hiring two people to do what one employee used to do. (See 1 below.)
===
This from a respected black journalist.
Hard to argue with his summation of why he does not care for the Obamas. (See 2 below.)
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Will China find it necessary to expand its influence in The Middle East as we retreat because of its increasing dependency on energy from this region? (See 3 below.)
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Dick
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1) David Stockman: US Payrolls Numbers Are Make-Believe
The latest rosy national jobs picture is a "paint-by-numbers delusion" that hides a brutal erosion in the nation's employment picture, according to David Stockman, U.S. budget chief in the Reagan White House.
Stockman, not one to sugarcoat the failings of Washington, D.C. — or of the Federal Reserve in particular — said the delighted squeals of the "bubblevision commentariat" (his characterization of traditional financial TV coverage) about the October employment report were bogus.
"Well, now. Here we are nearing the end of 2014 and the nation's once and mighty 'jobs machine' is fixing to utilize no more labor hours this year than it did way back at the end of the 20th century," he wrote on his
Stockman, who knows his way around government data crunching, said the index of total labor hours in the non-farm business economy is at about the same level as way back in the third quarter of 1999.
"This means that during the 21st century to date the U.S. economy has been bicycling up-and-down an essentially constant amount of labor during the intervals between the serial financial market booms and busts engineered by our monetary politburo."
Stockman said the Fed's leadership should be required to answer why, even after inflating the nation's balance sheet debt from $500 billion to $4.5 trillion, its "monetary elixir has not generated a single additional labor hour in the nonfarm business economy for 15 years running."
While he noted that the October report showed gains in leisure and hospitality jobs and retail clerk positions, those were mostly part-time jobs at low wages, and he questioned why they should be considered by the government to be equal in the data to real full-time jobs at normal salaries.
"The headline jobs number is not the equivalent of a reliable index which measures the rate of change in labor inputs supplied to the U.S. economy. It is essentially a statistical anecdote. It not only counts 10-hour per week 'temp' gigs and real 50-hour jobs the same, but also ignores entirely the quality of hours worked as proxied by the hourly pay rate," Stockman explained.
Stockman's conclusion is that central bank policies reinforce a make-believe world instead of promoting real employment.
"They permit the government to fund with ultra low-cost bonds and notes a massive transfer payment system that keeps potential productive labor out of the economy, and thereby props up bloated wages rates; and enable households to carry more debt than would be feasible with honest interest rates and competitively priced wage rates…"
The employment report for October actually showed jobs growth falling off, with 214,000 new jobs and a 5.8 percent unemployment rate, according to CBS Moneywatch.
"One ingredient that has been missing during the recovery is wage growth, which has barely kept up with inflation. Americans saw a meager 0.1 percent, or 3 cent, increase in their average hourly earnings last month, to $24.57. Wages have risen by only 2 percent this year," Moneywatch reported.
Elise Gould, an economist at the Economic Policy Institute, told The New York Times
, "We are adding jobs, but it is still a wageless recovery. The economy may be growing, but not enough for workers to feel the effects in their paychecks."
However, Michael Gapen, an economist at Barclays, was more optimistic.
"We think this is a very strong report," he told The Times. "We will see wage gains going forward. They just didn't show up in this report.
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2)-BARACK AND MICHELLE...The worst of the worst.
The truth is I do not like the Obamas, what they represent, their ideology, and I certainly do not like his policies and legislation. I've made no secret of my contempt for the Obamas. As I responded to the person who asked me the aforementioned question, I don't like them because they are committed to the fundamental change of my/our country into what can only be regarded as a Communist state.
I don't hate them per definition, but I condemn them because they are the worst kind of racialists, they are elitist Leninists with contempt for traditional America. They display disrespect for the sanctity of the office he holds, and for those who are willing to admit same, Michelle Obama's raw contempt for white America is transpicuous.
I don't like them because they comport themselves as emperor and empress. I expect, no I demand respect, for the Office of President, and a love of our country and her citizens, from the leader entrusted with the governance of the same. President and Mrs. Reagan displayed an unparalleled love for the country and her people. The Reagans made Americans feel good about them-selves and about what we could accomplish.
His (Obama's) arrogance by appointing 32 leftist czars and constantly bypassing congress is impeachable.. Eric Holder is probably the MOST incompetent and arrogant DOJ head to ever hold the job. Could you envision President Reagan instructing his Justice Department to act like jack-booted thugs?
Presidents are politicians and all politicians are known and pretty much expected to manipulate the truth, if not outright lie, but even using that low standard, the Obama's have taken lies, dishonesty, deceit, mendacity, subterfuge and obfuscation to new depths. They are verbally abusive to the citizenry, and they display an animus for civility.
I do not like them, because they both display bigotry overtly, as in the case of Harvard Professor Louis Gates, when he accused the Cambridge Police of acting stupidly, and her code speak pursuant to now being able to be proud of America. I view that statement and that Mind set as an insult to those who died to provide a country where a Kenyan, his illegal alien relatives, and his alleged progeny, could come and not only live freely, but rise to the highest, most powerful, position in the world.
Michelle Obama is free to hate and disparage whites because Americans of every description paid with their blood to ensure her right to do that. I have a saying, that "the only reason a person hides things, is because they have something to hide." No president in history has spent over a million dollars to keep his records and his past sealed.
And what the two of them have shared has been proven to be lies. He lied about when and how they met, he lied about his mother's death and problems with insurance, Michelle lied to a crowd pursuant to nearly $500,000 bank stocks they inherited from his family. He has lied about his father's military service, about the civil rights movement, ad nausea. He lied to the world about the Supreme Court in a State of the Union address.
He berated and publicly insulted a sitting Congressman. He has surrounded himself with the most rabidly, radical, socialist academicians today. He opposed rulings that protected women and children that even Planned Parenthood did not seek to support. He is openly hostile to business and aggressively hostile to Israel .
His wife treats being the First Lady as her personal American Express Black Card (arguably the most prestigious credit card in the world). I condemn them because, as people are suffering, losing their homes, their jobs, their retirements, he and his family are arrogantly showing off their life of entitlement - as he goes about creating and fomenting class warfare.
I don't like them, and I neither apologize nor retreat from my public condemnation of them and of his policies. We should condemn them for the disrespect they show our people, for his willful and unconstitutional actions pursuant to obeying the Constitutional parameters he is bound by, and his willful disregard for Congressional authority.
Dislike for them has nothing to do with the color of their skin; it has everything to do with their behavior, attitudes, and policies. And I have open scorn for their constantly playing the race card.
I could go on, but let me conclude with this. I condemn in the strongest possible terms the media for refusing to investigate them, as they did President Bush and President Clinton, and for refusing to label them for what they truly are. There is no scenario known to man, whereby a white president and his wife could ignore laws, flaunt their position, and lord over the people, as these two are permitted out of fear for their color.
As I wrote in a syndicated column titled, "Nero In The White House" - "Never in my life, inside or outside of politics, have I witnessed such dishonesty in a political leader.
He is the most mendacious political figure I have ever witnessed. Even by the low standards of his presidential predecessors, his narcissistic, contumacious arrogance is unequaled. Using Obama as the bar, Nero would have to be elevated to sainthood.
Many in America wanted to be proud when the first person of color was elected president, but instead, they have been witness to a congenital liar, a woman who has been ashamed of America her entire life, failed policies, intimidation, and a commonality hitherto not witnessed in political leaders. He and his wife view their life at our expense as an entitlement - while America 's people go homeless, hungry and unemployed.
BARACK AND MICHELLE OBAMA...
By Mychal Massie
The other evening on my twitter, a person asked me why I didn't like the Obama's. Specifically I was asked: "I have to ask, why do you hate the Obama's? It seems personal, not policy related. You even dissed (disrespect) their Christmas family picture."
The truth is I do not like the Obamas, what they represent, their ideology, and I certainly do not like his policies and legislation. I've made no secret of my contempt for the Obamas. As I responded to the person who asked me the aforementioned question, I don't like them because they are committed to the fundamental change of my/our country into what can only be regarded as a Communist state.
I don't hate them per definition, but I condemn them because they are the worst kind of racialists, they are elitist Leninists with contempt for traditional America. They display disrespect for the sanctity of the office he holds, and for those who are willing to admit same, Michelle Obama's raw contempt for white America is transpicuous.
I don't like them because they comport themselves as emperor and empress. I expect, no I demand respect, for the Office of President, and a love of our country and her citizens, from the leader entrusted with the governance of the same. President and Mrs. Reagan displayed an unparalleled love for the country and her people. The Reagans made Americans feel good about them-selves and about what we could accomplish.
His (Obama's) arrogance by appointing 32 leftist czars and constantly bypassing congress is impeachable.. Eric Holder is probably the MOST incompetent and arrogant DOJ head to ever hold the job. Could you envision President Reagan instructing his Justice Department to act like jack-booted thugs?
Presidents are politicians and all politicians are known and pretty much expected to manipulate the truth, if not outright lie, but even using that low standard, the Obama's have taken lies, dishonesty, deceit, mendacity, subterfuge and obfuscation to new depths. They are verbally abusive to the citizenry, and they display an animus for civility.
I do not like them, because they both display bigotry overtly, as in the case of Harvard Professor Louis Gates, when he accused the Cambridge Police of acting stupidly, and her code speak pursuant to now being able to be proud of America. I view that statement and that Mind set as an insult to those who died to provide a country where a Kenyan, his illegal alien relatives, and his alleged progeny, could come and not only live freely, but rise to the highest, most powerful, position in the world.
Michelle Obama is free to hate and disparage whites because Americans of every description paid with their blood to ensure her right to do that. I have a saying, that "the only reason a person hides things, is because they have something to hide." No president in history has spent over a million dollars to keep his records and his past sealed.
And what the two of them have shared has been proven to be lies. He lied about when and how they met, he lied about his mother's death and problems with insurance, Michelle lied to a crowd pursuant to nearly $500,000 bank stocks they inherited from his family. He has lied about his father's military service, about the civil rights movement, ad nausea. He lied to the world about the Supreme Court in a State of the Union address.
He berated and publicly insulted a sitting Congressman. He has surrounded himself with the most rabidly, radical, socialist academicians today. He opposed rulings that protected women and children that even Planned Parenthood did not seek to support. He is openly hostile to business and aggressively hostile to Israel .
His wife treats being the First Lady as her personal American Express Black Card (arguably the most prestigious credit card in the world). I condemn them because, as people are suffering, losing their homes, their jobs, their retirements, he and his family are arrogantly showing off their life of entitlement - as he goes about creating and fomenting class warfare.
I don't like them, and I neither apologize nor retreat from my public condemnation of them and of his policies. We should condemn them for the disrespect they show our people, for his willful and unconstitutional actions pursuant to obeying the Constitutional parameters he is bound by, and his willful disregard for Congressional authority.
Dislike for them has nothing to do with the color of their skin; it has everything to do with their behavior, attitudes, and policies. And I have open scorn for their constantly playing the race card.
I could go on, but let me conclude with this. I condemn in the strongest possible terms the media for refusing to investigate them, as they did President Bush and President Clinton, and for refusing to label them for what they truly are. There is no scenario known to man, whereby a white president and his wife could ignore laws, flaunt their position, and lord over the people, as these two are permitted out of fear for their color.
As I wrote in a syndicated column titled, "Nero In The White House" - "Never in my life, inside or outside of politics, have I witnessed such dishonesty in a political leader.
He is the most mendacious political figure I have ever witnessed. Even by the low standards of his presidential predecessors, his narcissistic, contumacious arrogance is unequaled. Using Obama as the bar, Nero would have to be elevated to sainthood.
Many in America wanted to be proud when the first person of color was elected president, but instead, they have been witness to a congenital liar, a woman who has been ashamed of America her entire life, failed policies, intimidation, and a commonality hitherto not witnessed in political leaders. He and his wife view their life at our expense as an entitlement - while America 's people go homeless, hungry and unemployed.
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3) Amid Declining US Influence, China's Mideast Footprint Grows
The implosion of America's geopolitical position has placed risks and opportunities at China's doorstep, to Beijing's great surprise.
3) Amid Declining US Influence, China's Mideast Footprint Grows
by David P. Goldman
Asia Times
Asia Times
The implosion of America's geopolitical position has placed risks and opportunities at China's doorstep, to Beijing's great surprise.
A year ago, Chinese officials privately reassured visitors that their country would "follow the lead of the dominant superpower" in matters relating to Middle East security, including Iran's attempts to acquire nuclear weapons. For the past several decades, China has allowed the US to look out for the Persian Gulf while it increased its dependency on Persian Gulf oil. By 2020, China expects to import 70% of its oil, and most of that will come from the Gulf.
The Chinese view has changed radically during the past few months, in part due to the collapse of the Syrian and Iraqi states and the rise of Islamic State. It is hard to find a Chinese specialist who still thinks that the US can stand surely for Persian Gulf security. Opinion is divided between those who think that America is merely incompetent and those who think that America deliberately wants to destabilize the Persian Gulf.
Now that the US is approaching self-sufficiency in energy resources, some senior Chinese analysts believe it wants to push the region into chaos in order to hurt China. One prominent Chinese analyst pointed out that Islamic State is led by Sunni officers trained by the United States during the 2007-2008 "surge" as well as elements of Saddam Hussein's old army, and that this explains why IS has displayed such military and organizational competence.
The complaint is justified, to be sure: General David Petraeus helped train the 100,000-strong "Sunni Awakening" to create a balance of power against the Shi'ite majority regime that the US helped bring to power in 2006. How, the Chinese ask, could the Bush administration and Petraeus have been so stupid? To persuade the Chinese that they were indeed that stupid is a daunting task.
The decline of American influence in the region from which China obtains most of its oil is not a happy event for Beijing.
|
China's attitude towards Washington has turned towards open contempt. Writing of the mid-term elections, the official daily newspaper Global Times intoned: "The lame-duck president will be further crippled ... he has done an insipid job, offering nearly nothing to his supporters. US society has grown tired of his banality."
But the decline of American influence in the region from which China obtains most of its oil is not a happy event for Beijing.
China did not anticipate the end of the free ride from the Americans, and it isn't sure what to do next. It has tried to maintain a balance among countries with whom it trades and who are hostile to each other. It has sold a great deal of conventional weapons to Iran, for example, and some older, less-sophisticated ballistic missiles.
But China has sold Saudi Arabia its top-of-the-line intermediate range missiles, giving the Saudis a "formidable deterrent capability" against Iran and other prospective adversaries. China obtains more oil from Saudi Arabia than any other country, although its imports from Iraq and Oman are growing faster. Because the latter two countries are closer to Iran, China wants to strike a balance.
Chinese opinion is divided about the implications of Iran acquiring nuclear weapons: some strategists believe that the balance of nuclear power in the region will suffice to prevent the use of such weapons, while others fear that a nuclear exchange in the Gulf might stop the flow of oil and bring down China's economy. China has joined the P-5 plus 1 negotiations (involving the UN Security Council permanent five members plus Germany) on Iran's nuclear status, but has not offered a policy independent of President Barack Obama's.
Meanwhile the rise of Islamist extremism worries Beijing, as well it should. At least a hundred Uyghurs reportedly are fighting with Islamic State, presumably in order to acquire terrorist skills to bring back home to China. Chinese analysts have a very low opinion of the Obama administration's approach to dealing with IS, but do not have an alternative policy. This is an issue of growing importance. Instability threatens the Silk Road project at several key notes.
China's policy-making is careful, conservative and consensus-driven. Its overriding concern is its own economy. The pace of transformation of the Middle East has surprised it, and it is trying to decide what to do next.
Its pro forma policy is to join the Iran talks, and offer to join the Quartet (the UN, the US, the European Union, and Russia) talks on the Israel-Palestine issue, but neither of these initiatives has much to do with its actual concerns.
What China will do in the future cannot be predicted. But it seems inevitable that China's basic interests will lead it to far greater involvement in the region, all the more so as the US withdraws.
---------------------------------------------------------------------------------------------------------------------------David P. Goldman is a Senior Fellow at the London Center for Policy Research and the Wax Family Fellow at the Middle East Forum. His book How Civilizations Die (and why Islam is Dying, Too) was published by Regnery Press in September 2011. A volume of his essays on culture, religion and economics, It's Not the End of the World - It's Just the End of You, also appeared that fall, from Van Praag Press.
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