Filed Under: 2012 Elections, 2012 Presidential Election, Capitalism, Democratic Party, Democrats, Economy, Elections, Featured, Government, Markets, Party Politics, Politics
The White House this morning, is serving up fake jobs numbers… again. And they read like a fairy tale. 7.8% unemployment. But notice… the U6.. the real unemployment number… isn’t listed in the reports we all see… It stood at 14.6% as of last month. That’s a fact that has not moved substantially, for months. Here’s the breakdown from the BLS.GOV website.
||Not seasonally adjusted
|U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force
|U-2 Job losers and persons who completed temporary jobs, as a percent of the
The following comes from the ESPN college football website:
“Florida defensive coordinator Dan Quinn knew the Gators’ locker room wouldn’t be the same as an NFL locker room, because the roster is twice as big — too many people for the same kind of togetherness seen in the NFL. But he wasn’t expecting so much division. ‘The amount of selfishness and separation between different classes was startling. It seemed like we had a fractured bunch at times, for whatever reason,’ said Quinn, who had spent the past 10 years as an assistant coach with four NFL teams. ‘Not a close-knit team.’”
The Florida Gators had another poor season on the college gridiron in 2011. This exceptionally proud football program finished with a six win/six loss …
While not big news that Iowa Republicans don’t wait with bated breath for the Des Moines Register to anoint a Republican candidate the cream of the presidential crop, in recent years their recommendations have barely risen above laughable fodder. Since we could all use some comic relief from this seemingly endless campaign season, let’s take a look back at the Register’s recent forays into Presidential advocacy. What follows are two main reasons, among many others, why they should stick to merely reporting on the political pulse of Iowa—instead of trying to alter it.
Reason #1 – A Sketchy, Schizophrenic History
While nearly all the data on editorial board endorsements show that they have a miniscule impact, if any at all, well over 70% of newspapers …
In the medieval era there was a rather odd ceremony; when a member of the lower social castes found themselves in dire straights, they turned to the landowning nobility. In exchange for land to work, the noble demanded a portion of the produce, availability for certain laborious tasks, and service in the event of war. The agreement was sealed when the peasant laid his head into the hands of the noble lord.
This ceremony was called a Bondage, as it sealed the bond of the peasant to the noble, as his serf (in contrast with an Homage, where one noble became a vassal of another noble). In our advanced and progressive times, we are – of course – much more evolved and civilized. Far from …
Courtesy of State Central Committee member Gopal Krishna, my wife and I had great 8th row seats for the Iowa GOP/Fox News Presidential Debate.
The debate included: Speaker Gingrich; Governors: Huntsman, Pawlenty and Romney; Senator Santorum, Representatives Bachmann and Paul; and businessman Herman Cain.
I’m writing this post on Sunday morning, August 14th. I intended to write it before the Straw Poll, but I didn’t get it done. My observations will include some thoughts about the Straw Poll, although I was not able to attend it in person. I don’t believe in titling people as “winners” or “losers” so I will define my analysis in terms of my personal expectations.
Governor Romney – Mitt Romney spoke powerfully and articulately on …
The Des Moines Register’s Opinion Section on Sunday, July 3, 2011 featured a “Progressives Trifecta” of half-truths and sophistry:
Richard Doak – What if the founders were around today?
Donald Kaul – My favorite 4th of July speech
Dean Baker – Keep Social Security safe from politicians who want to save it
This week I will focus my comments on Dean Baker’s article sub-titled “Real patriotism requires coming to terms with the grimmer side of American history”. Mr. Baker is co-director for the Center for Economic Policy Research (CEPR). The CEPR home page lists 10 funders, mostly far left organizations including the Open Society Foundations, which was founded by and led by George Soros.
Dean Baker-He advises the reader that two thirds of people …
Filed Under: Economy, Featured
The Des Moines Register’s Editorial on Monday, June 27, 2011 was titled “Steep budget cuts now could harm economy”.
Summary – The Register’s Editorial group pointed us once again to the “nonpartisan fiscal agency”, the Congressional Budget Office (CBO). They quoted the CBO’s “dire warning about unsustainable federal deficits”, but cautioned that the report also “warned that steep cuts right now could make the nation’s fiscal condition even worse by kicking the legs out from under the economy”. Also on June 27th, The Wall Street Journal’s front page led off with an article titled “Debt Hamstrings Recovery”. The WSJ’s Tom Lauricella notes “Around the globe, the inability of governments and households to reduce their debt continues to cast a shadow over …
Yes, the chickens are coming home to roost. All of a sudden, the man who had all the answers three years ago has none. He was calm, cool and collected. He convinced the American citizenry that he could solve all of the country’s problems, and that it was critical that we abandon the “failed policies of the last eight years”.
We are 17 months away from the next presidential election and the economy is definitely slowing. Aggregate demand for goods and services is weakening. And unless President Obama changes course on legislation enacted in the last two years, we are likely to enter yet another recession. He won’t, though, and it will prove to be his undoing.
Conservative pundits and Republican presidential candidates are licking …
The Following piece is the 2nd installment of an ongoing series here at The Conservative Reader. “American Gladiators” is a recurring feature focusing on the defining political issue of our generation: the crucial battle over Federal spending and the debt and deficit it creates.
A favorite saying of both political parties these days is that “elections have consequences”—2010 proved that so do primaries. For Republicans no past event has had a bigger impact on the eventual major players and the shape of the fiscal debate’s battlefield than the primaries preceding the 2010 mid-term elections.
Though history now, you may recall at that time an internal debate was raging amongst Republicans. Many influential Conservative thinkers, including Charles Krauthammer, joined a large number of high ranking members …
Filed Under: Economy, Featured
It was a steamy 98 degrees in Atlanta. It was clearly too hot for me to be out running at the local high school track…but there I was. I was not alone, however. Occupying Lane 4 was a guy who I would guess was born somewhere immediately after WWII. But my track-mates age was not the interesting part of the story. The interesting fact was that the man was clad in a long-sleeved sweatshirt. Yes, and it even had a Nike SWOOSH on it. I thought to sweaty self, “This has to be the most bizarre thing I have seen all week!” However, upon a few moments of reflection, I concluded it wasn’t even close to the top of the Week’s-Most-Bizarre List.
My first …