Obama Ignores Netanyahu

Never before since the founding of the State of Israel has its Prime Minister been dissed by an American President, but that is the case we now see with Obama and Netanyahu.  Obama's staff says he does not have the time to talk but he does have time to appear on talk shows and to continue his campaign.  The future of Israel is at hand and the American President does not have the time to meet.

Should Israel wait until  after the US elections, the US will not be there to support them. Therefore, they must act while Obama will be forced to take action  to ensure that the Jewish vote and other Israeli supporters who would vote Democratic are not lost. There is no choice. Netanyahu must strike the nuke plant in the next 45 days.

Conservative Tom

PM Netanyahu asks Obama, “Wait for What?”

Read More About: Self-delusion re: Iran Obama and Ehud Barak with Leon Panetta and Shimon Peres in the wings.

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There should be no doubt how Obama feels about Bibi and Israel. Add this Obama act to the list.
http://israel-commentary.org/?p=4543
How delusional is anyone who supports Israel and says they are going to vote for Obama on November 6….
White House declines Netanyahu request to meet with Obama
The White House’s response marks a new low in relations between Netanyahu and Obama, underscored by the fact that this is the first time Netanyahu will visit the U.S. as prime minister without meeting Obama.
By Barak Ravid Sep.11, 2012
The White House declined Israeli Prime Minister Benjamin Netanyahu’s request on Tuesday to meet U.S. President Barack Obama during a UN conference in New York at the end of the month.
An official in Jerusalem said that the prime minister’s office sent the White House a message stating that although Netanyahu will spend only two and a half days on U.S. soil, he is interested in meeting Obama and is willing to travel to the U.S. capital specifically for that purpose. The official added that the White House rejected the request and said that at this time Obama’s schedule does not allow for a meeting.
The White House’s response marks a new low in relations between Netanyahu and Obama, underscored by the fact that this is the first time Netanyahu will visit the U.S. as prime minister without meeting the president.
Defense Minister Ehud Barak tried to ease the tension on Tuesday, saying that the differences between the U.S. and Israel should be ironed out “but behind closed doors.” “We must not forget that the U.S. is Israel’s most important source of support in terms of security,” he said in a statement.
(Excuse me. Why are Ehud Barak still part of the Israeli power structure, along with Shimon Peres.? They have both caused crucial injury to Israel multiple times and should have been retired in disgrace or better still, jailed, for treason and incompetence, years ago) jsk
Earlier on Tuesday, Netanyahu launched an unprecedented verbal attack on the U.S. government over its stance on the Iranian nuclear program.
“The world tells Israel ‘wait, there’s still time’. And I say, ‘Wait for what? Wait until when?’ Those in the international community who refuse to put red lines before Iran don’t have a moral right to place a red light before Israel,” Netanyahu told reporters on Tuesday.
“Now if Iran knows that there is no red line. If Iran knows that there is no deadline, what will it do? Exactly what it’s doing. It’s continuing, without any interference, towards obtaining nuclear weapons capability and from there, nuclear bombs,” he said.
U.S. Department of State spokeswoman Victoria Nuland stressed again on Tuesday that the U.S. administration doesn’t see public discussion of Iranian nuclear program and red lines as useful. “We don’t think it’s particularly useful to have those conversations in public. It doesn’t help the process and it doesn’t help the integrity of the diplomacy. To be standing here at the podium parsing the details of the Iranian nuclear program is not helpful to getting where we want to go,” she said, briefing the media.
Also on Tuesday, U.S. Defense Secretary Leon Panetta said that if Iran decides to make a nuclear weapon, the United States would have a little more than a year to act to stop it.” (Yet, another Obama appointed loser) jsk
Thank you to Cheryl Jacobs Lewin for her commmentary

Embassy Attacks--Movie Not Reason

Why are we not hearing stories like the following post in the US? Because the lame stream media does not know how to report anymore--all they want is to give us their opinion.  

We are constantly looking for alternative stories because we are not getting information on the day's news. Should you have any other sources, please let us know and we will check them out.

Conservative Tom

Attacks on U.S. Embassies Were Not About a Movie

Caroline Glick - Front Page Magazine,  September 13th, 2012

Here are a couple of facts:

On June 4 the White House confirmed that the US had killed Abu Yahya Al-Libi – OBL’s [Osama bin Laden] Libyan lieutenant who had moved into Al Qaeda’s #2 spot after Ayman Zahawiri after the Navy SEALs whacked OBL.

On Tuesday 9/11, a tape was released of Zawahiri announcing that Libi had been killed earlier this year by a US drone attack. The Zawahiri tape was made during Ramadan which ended in the middle of last month. Zawahiri called for his terrorist underlings to avenge Libi’s death and especially exhorted Libyans to take revenge.

The attack in Libya was well planned and executed. It wasn’t about a spontaneous protest against some ridiculous internet movie of Muhammad. The assailants came armed to the teeth, with among other things, RPG 7s. They knew that the US Ambassador was in Benghazi rather than Tripoli. They knew how to track his movements, and were able to strike against him after he and his colleagues left the consulate building and tried to flee in a car. As Israel Channel 2′s Arab Affairs Correspondent Ehud Yaari noted this evening, you don’t often see well trained terrorists participating in protests of movies.

Then there is the attack in Cairo. They were led by Mohammad Zawahiri – Ayman Zawahiri’s brother. According to Thomas Josclyn in the Weekly Standard, the US media has been idiotically presenting him as some sort of moderate despite the fact that in an interview with Al Jazeerah he said said, “We in al Qaeda…”

Egypt’s US supported Muslim Brotherhood President Mohamed Morsi recently released Zawahiri from Egyptian prison. The same Barack Obama who has no time in his schedule to meet with Prime Minister Netanyahu next week in New York, is scheduled to meet Morsi.

The Egyptian government has not condemned the attack on the US Embassy in Cairo. But Morsi is demanding that the US government prosecute the film’s creator.

You may be wondering how some movie no one’s heard of has caused such a hullabaloo. Well, as it turns out, the film was screened on an Egyptian Salafist television channel. Obviously the Salafists — many of whom, like Zawahiri, were released from prison by Morsi, wanted to stir up anti-US violence on the eve of 9/11. So if the film is responsible for the violence, a finger needs to be pointed to its chief distributor — Al Qaida’s Egyptian friends and members.

With these facts in hand, it is clear that the attempts to present these acts of war against the US as the consequence of some stupid nothing movie are obscene attempts to deflect the blame for these unwarranted attacks onto their victims and away from their perpetrators. 

Egyptian Synagogue--No Security Help

So much for the "enlightened" leadership of Egypt!  If you cannot even guarantee religious freedom of a minority in one location, you are concerned with the safety of those who are not Muslim.  This is an example of what we can expect from the new Egyptian leadership. It can be summed up thusly: if you are not Muslim, do not expect anything. You are on your own.

If this is what we can expect from those countries who have experienced the "Arab Spring", it is a signal to the world that modern Islam is on the march.  Where will it end? Will Muslims run the world? What will happen to other minorities?

This is a scary time for the world and this article is an example of what will occur worldwide.

Conservative Tom

ZOA Criticizes Morsi Regime for Preventing Egypt's Last Regularly Functioning Synagogue Holding High Holiday Services

Press Release - ZOA,  September 13th, 2012

The Zionist Organization of America (ZOA) has criticized the Egyptian extremist MuslimBrotherhood regime of Mohamed Morsi for preventing the country’s last regularly functioning synagogue, Alexandria’s Eliyahu Hanavi Synagogue, to hold High Holiday services later this month. The Synagogue, which dates back to the nineteenth century, will not hold Rosh Hashanah and Yom Kippur services for the first time after its rabbi was informed by Egyptian authorities they could not guarantee the safety and security of those wanting to attend the synagogue.

If the Hosni Mubarak regime was able to protect Jews worshipping in synagogue on the High Holidays, why cannot the Mohamed Morsi regime? This seems to be more an act of enmity towards Jews rather than one of concern for their security.

The Egyptian Jewish community has shrunk over the past century, especially after murderous assaults on Jews in the 1940s and official persecution during the 1950s and 1960s. As Shiraz Maher is a Senior Research Fellow at the International Centre for the Study of Radicalisation (ICSR) at Kings College, London has written, “The news that Egypt's last synagogue, the Eliyahu Hanavi, will now be unable to hold services effectively brings an end to any remaining semblance of Jewish life in Egypt.”

Ambassador Chris Stevens--Gay?

We are starting to see some postings across the web that Ambassador Chris Stevens was gay.  We have a couple comments. First of all, if Stevens was gay, why was he posted in a Muslim country? Secondly, if he did like men, it does explain the violence the Ambassador was experienced before and after the murder. Lastly, were any of  his deceased "associates" of a like  mind?

Please understand we have no knowledge, however, we wondered why he was raped before and after his death, as shown on videos. This is representative of a Muslim practice to "make a woman" out of any homosexual. Did they know that he liked men?  Was he set up?

  So, it brings up another question, why was he posted there knowing the Muslim attitude toward gays? Was he sacrificed? If so what is the end game?

Obviously, there are lots of questions and no news about them. Don't expect  to hear reports of this on the dumbstream media.  Maybe we can find out the truth from some European newspaper or maybe Russia Today.

If you hear news, please post it!

Conservative Tom

Poor Baby Muslims--Their Religion Cannot Stand Any Scrutiny

We are tired of  Muslims complaining that someone mistreated their religion while they are completely intolerant of any other. Whether it is Coptic Christian Churches being burned, statues of Mohammad being blown up in Afghanistan, or US Embassys being burned and our Ambassadors being killed, the Muslims have a lot to answer for. Their intolerance of anything non-Muslim must be stopped.

The world must tell the Muslims' to get over it! A movie or  cartoon does not erase all the good done by Muslims, however,  killing and burning does extreme harm to their cause. 

This latest explosion of rage, we believe timed to coincide with 9/11, shows the enemy we are facing. We must be strong and resolute as they are. We must not waiver from our goals as they will not. We must condemn in strongest language murder and burning of our embassys as they celebrate it. We must continue to support the free exercise of freedom of speech, thought, press and expression throughout the world including the Middle East as they do not believe in these rights. Should we not, we will be conquered by the Muslim hoards.  

Our choice is to speak up for what is right or be cowed into servitude as these Radical Muslims will not end their goal of world domination unless we show they we are not going to take this anymore.  Are you with us?

Conservative Tom

Hurting Muslims’ Feelings ‘Cannot Be Tolerated,’ Egypt’s Ruling Party Says

By Patrick Goodenough

September 13, 2012

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Protestors burn a U.S. flag during a protest about a film ridiculing Mohammed, near the U.S. Embassy in Tunis on Wednesday, Sept. 12, 2012. (AP Photo/Hassene Dridi)

(CNSNews.com) – As U.S. diplomatic missions tightened security in the aftermath following Tuesday’s deadly attack in Libya and continuing protests in Egypt – and new eruptions in Yemen -- Islamic governments and organizations, including terrorist groups, condemned an obscure film about Mohammed blamed by some for the incidents.

Egypt’s Muslim Brotherhood in a statement demanded legal action against those behind the film.

“[H]urting the feelings of one and a half billion Muslims cannot be tolerated, and the people’s anger and fury for their faith is invariably predictable, often unstoppable,” it said, calling for “assaults on the sanctities of all heavenly religions” to be criminalized.

“Otherwise, such acts will continue to cause devout Muslims across the world to suspect and even loathe the West, especially the USA, for allowing their citizens to violate the sanctity of what they hold dear and holy. Hence, we demand that all those involved in such crimes be urgently brought to trial.”

The Muslim Brotherhood also said it condemned the “bloodshed and violent response” seen on Tuesday, but added that “we cannot ignore the fact that these countries never made a move regarding the abuse until after the strong reaction seen across the Muslim world.”

In Afghanistan, the Taliban called for revenge against the U.S. by attacking its soldiers stationed there. It also urged religious leaders around the country to inform their followers about Americans’ “inhuman acts” and to prepare them to fight.

Hezbollah in Lebanon accused the United States, Jews and Egyptian Copts of insulting “the great and noble personality of the Prophet Mohammad.”

“This immoral action represents the highest degree of aggression against the sublime human right of respecting beliefs, sanctities, and feelings,” said the Iranian-backed terrorist group.

Although a handful of individuals appear to be behind the amateur online movie spoof about Mohammed, Hezbollah said that it showed the “real position of the U.S.-Zionist alliance” with regard to Islam and Muslims.

In Tehran, foreign ministry spokesman Ramin Mehmanparast said Iran condemned the “desecration of Islam’s prophet” and sympathized with Muslims for their “hurt feelings.”

“Apart from its legal obligations, the U.S. government has direct moral responsibility to stop this dangerous trend of spreading the culture of hatred and desecration of Islam’s sanctities,” Iran’s state-funded Press TV quoted him as saying.

Pakistan’s foreign ministry also weighed in.

“The government of Pakistan strongly condemns the airing of a defamatory video clip in the U.S., maligning the revered and pious personality of Prophet Muhammad (PBUH) on the eve of September 11, 2012,” it said. (PBUH is an acronym for “peace be upon him.”)

“Such abominable actions, synchronized with commemoration of atrocious events like 9/11, provoke hatred, discord and enmity within societies and between peoples of various faiths,” the ministry added. “The event has deeply hurt the feelings of the people of Pakistan and the Muslims all over the world.”

A 14-minute excerpt of the movie has in fact been available on YouTube since at least July 2, but earlier this month a Coptic activist in the U.S. posted a statement on his blog about the clip, linking it to the 9/11 anniversary. In recent days Arab media outlets began reporting on it, in some cases posting links to the film itself.

In a separate statement, Pakistan’s foreign ministry also condemned the killing of U.S. ambassador to Libya Chris Stevens and three other diplomats in Benghazi.

A number of U.S. embassies in mostly Islamic capitals posted notices on their websites Wednesday warning U.S. citizens to be aware of the possibility of protests that could turn violent. They include the missions in Egypt, Algeria, Tunisia, Afghanistan, Morocco, Jordan, Sudan, Malaysia, Armenia and Kuwait.

The embassy in Kabul issued a joint statement with the International Security Assistance Force condemning the violence in Libya. It quoted Secretary of State Hillary Clinton’s comments deploring “any intentional effort to denigrate the religious beliefs of others” while saying there was no justification for violence.

“We ask for the assistance of Afghan leaders and the people of Afghanistan in maintaining calm and continuing our work to build a better, secure future,” the embassy-ISAF statement added. “The safety of the Afghan people, Americans, and Afghan and coalition forces continues to be our utmost priority.”

Zuckerman Article Post

We apologize for the issue with blogger-it sometimes does not work well. Here is the link to the Zuckerman article:  http://online.wsj.com/article/SB10000872396390444273704577635681206305056.html

Zuckerman Nails It On Jobless Numbers

In the following article, Mort Zuckerman shows how false the report of unemployment really is. We are 

in a depression! We do not see the lines of unemployed as they get a check each week because theirs

comes in the mail!

This article is well written with suggestions to get out of this malaise. Will the government

listen? We doubt it!

Conservative Tom

Mortimer Zuckerman: Those Jobless Numbers Are Even Worse Than They Look

Still above 8%—and closer to 19% in a truer accounting. Here's a plan for improvement.

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By MORTIMER ZUCKERMAN

Don't be fooled by the headline unemployment number of 8.1% announced on Friday. The reason the number dropped to 8.1% from 8.3% in July was not because more jobs were created, but because more people quit looking for work.

The number for August reflects only people who have actively applied for a job in the past four weeks, either by interview or by filling an application form. But when the average period of unemployment is nearly 40 weeks, it is unrealistic to expect everyone who needs a job to keep seeking work consistently for months on end. You don't have to be lazy to recoil from the heartbreaking futility of knocking, week after week, on closed doors.

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Assistant editorial page editor James Freeman on the August jobs report and how it gels with President Obama's speech last night. Credit: Associated Press

How many people are out of work but not counted as unemployed because they hadn't sought work in the past four weeks? Eight million. This is the sort of distressing number that turns up when you look beyond the headline number.

Here's another one: 96,000—that's how many new jobs were added last month, well short of the anemic 125,000 predicted by analysts, and dramatically less than the (still paltry) 139,000 the economy had been averaging in 2012.

The alarming numbers proliferate the deeper you look: 40.7% of the people counted as unemployed have been out of work for 27 weeks or more—that's 5.2 million "long-term" unemployed. Fewer Americans are at work today than in April 2000, even though the population since then has grown by 31 million.

We are still almost five million payrolls shy of where we were at the end of 2007, when the recession began. Think about that when you hear the Obama administration's talk of an economic recovery.

The key indicator of our employment health, in all the statistics, is what the government calls U-6. This is the number who have applied for work in the past six months and includes people who are involuntary part-time workers—government-speak for those individuals whose jobs have been cut back to two or three days a week.

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Bloomberg

A recruiter, left, talks to a job seeker during a career fair in Houston in August.

They are working part-time only because they've been unable to find full-time work. This involuntary army of what's called "underutilized labor" has been hovering for months at about 15% of the workforce. Include the eight million who have simply given up looking, and the real unemployment rate is closer to 19%.

In short, the president's ill-designed stimulus program was a failure. For all our other national concerns, and the red herrings that typically swim in electoral waters, American voters refuse to be distracted from the No. 1 issue: the economy. And even many of those who have jobs are hurting, because annual wage increases have dropped to an average of 1.6%, the lowest in the past 30 years. Adjusting for inflation, wages are contracting.

The best single indicator of how confident workers are about their jobs is reflected in how they cling to them. The so-called quit rate has sagged to the lowest in years.

Older Americans can't afford to quit. Ironically, since the recession began, employment in the age group of 55 and older is up 3.9 million, even as total employment is down by five million. These citizens hope to retire with dignity, but they feel the need to bolster savings as a salve for the stomach-churning decline in their net worth, 75% of which has come from the fall in the value of their home equity.

The baby-boomer population postponing its exit from the workforce in a recession creates a huge bottleneck that blocks youth employment. Displaced young workers now face double-digit unemployment and more life at home with their parents.

Many young couples decide that they can't afford to start a family, and as a consequence the birthrate has just hit a 25-year low of 1.87%. Nor are young workers' prospects very good. Layoff announcements have risen from year-ago levels and hiring plans have dropped sharply. People are not going to swallow talk of recovery until hiring is occurring at a pace to bring at least 300,000 more hires per month than the economy has been averaging for the past two years.

Furthermore, the jobs that are available are mostly not good ones. More than 40% of the new private-sector jobs are in low-paying categories such as health care, leisure activities, bars and restaurants.

We are experiencing, in effect, a modern-day depression. Consider two indicators: First, food stamps: More than 45 million Americans are in the program! An almost incredible record. It's 15% of the population compared with the 7.9% participation from 1970-2000. Food-stamp enrollment has been rising at a rate of 400,000 per month over the past four years.

Second, Social Security disability—another record. More than 11 million Americans are collecting federal disability checks. Half of these beneficiaries have signed on since President Obama took office more than three years ago.

These dependent millions are the invisible counterparts of the soup kitchens and bread lines of the 1930s, invisible because they get their checks in the mail. But it doesn't take away from the fact that millions of people who had good private-sector jobs now have to rely on welfare for life support.

This shameful situation, intolerable for a nation as wealthy as the United States, is not going to go away on Nov. 7. No matter who wins, the next president will betray the country if he doesn't swiftly fashion policies to address the specific needs of the unemployed, especially the long-term unemployed.

Five actions are critical:

1. Find the money to spur an expansion of public and private training programs with proven track records.

2. Increase access to financing for small businesses and thus expand entrepreneurial opportunities.

3. Lower government hurdles to the formation of new businesses.

4. Explore special subsidies for private employers who hire the long-term unemployed.

5. Get serious about the long decay in public works and infrastructure, which poses a dramatic national threat. Infrastructure projects should be tolled so that the users ultimately pay for them.

It's zero hour. Policy makers need to understand that the most important family program, the most important social program and the most important economic program in America all go by the same name: jobs.

Mr. Zuckerman is chairman and editor in chief of U.S. News & World Report.

Bain Capital--Democratic Depository

If Bain Capital is so evil, so bad, such a poor company why do Universities and Unions park billions there? Because it makes money. So much for their purity of mission!  These liberal organizations say one thing and do exactly the opposite! But that is way that all liberals act.  They complain about the use of Round up but refuse to weed. Al Gore complains about global warming while driving in big SUVs, flying around the country in private jets and not retrofitting his house so that it might use less energy.

The mantra of the left is, do what I say, not what I do! They are people who do not live their code. They are frauds. The following Bain Capital investors tells the story.

Conservative Tom

Look who parks their cash at Bain

By DEROY MURDOCK

September 1, 2012

 

 

Democrats convened in Charlotte, NC, will double down on their claim that Bain Capital is really the Bain crime family. They will accuse Republican nominee Mitt Romney and Bain’s other “greedy” co-founders of stealing their winnings, evading taxes and lighting cigars with $100 bills on their yachts.

 

But Bain’s private-equity executives have enriched dozens of organizations and millions of individuals in the Democratic base — including some who scream most loudly for President Obama’s re-election.

 

Government-worker pension funds are the chief beneficiaries of Bain’s economic stewardship. New York-based Preqin uses public documents, news accounts and Freedom of Information requests to track private-equity holdings. Since 2000, Preqin reports, the following funds have entrusted some $1.56 billion to Bain:

 

* Illinois Municipal Retirement Fund ($2.2 million)

* Indiana Public Retirement System ($39.3 million)

* Iowa Public Employees’ Retirement System ($177.1 million)

* The Los Angeles Fire and Police Pension System ($19.5 million)

* Maryland State Retirement and Pension System ($117.5 million)

* Public Employees’ Retirement System of Nevada ($20.3 million)

* State Teachers Retirement System of Ohio ($767.3 million)

* Pennsylvania State Employees’ Retirement System ($231.5 million)

* Employees’ Retirement System of Rhode Island ($25 million)

* San Diego County Employees Retirement Association ($23.5 million)

* Teacher Retirement System of Texas ($122.5 million)

* Tennessee Consolidated Retirement System ($15 million)

 

These funds aggregate the savings of millions of unionized teachers, social workers, public-health personnel and first responders. Many would be startled to learn that their nest eggs are incubated by the company that Romney launched and the financiers he hired.

 

Leading universities have also profited from Bain’s expertise. According to Infrastructure Investor, Bain Capital Ventures Fund I (launched in 2001) managed wealth for “endowments and foundations such as Columbia, Princeton and Yale universities.”

According to BuyOuts magazine and S&P Capital IQ, Bain’s other college clients have included Cornell, Emory, the Massachusetts Institute of Technology, Notre Dame and the University of Pittsburgh. Preqin reports that the following schools have placed at least $424.6 million with Bain Capital between 1998 and 2008:

 

* Purdue University ($15.9 million)

* University of California ($225.7 million)

* University of Michigan ($130 million)

* University of Virginia ($20 million)

* University of Washington ($33 million)

 

Major, center-left foundations and cultural establishments also have seen their prospects brighten, thanks to Bain Capital. According to the aforementioned sources, such Bain clients have included the Charles Stewart Mott Foundation, the Doris Duke Foundation, the Metropolitan Museum of Art, the Ford Foundation, the Heinz Endowments and the Oprah Winfrey Foundation.

Why on Earth would government-union leaders, university presidents and foundation chiefs let Bain oversee their precious assets?

 

“The scrutiny generated by a heated election year matters less than the performance the portfolio generates to the fund,” California State Teachers’ Retirement System spokesman Ricardo Duran said in the Aug. 12 Boston Globe. CalSTRS has pumped some $1.25 billion into Bain.

 

Since 1988, Duran says, private-equity companies like Bain have outperformed every other asset class to which CalSTRS has allocated the cash of its 856,360 largely unionized members.

 

Is Bain really a gang of corporate buccaneers who plunder their ill-gotten gains by outsourcing, euthanizing feeble portfolio companies and giving cancer to the spouses of those whom they fired? If so, union bosses, government retirees, liberal foundations and elite universities thrive on the wages of Bain’s economic Darwinism.

 

If, however, these institutions relish the yields that Bain Capital generates by supporting start-ups and rescuing distressed companies, 80 percent of which have prospered, then this money is honest — and Team Obama isn’t.

America's Shame

The following post by Dick Morris should frighten any right thinking American. The numbers are what the numbers are and they are not positive.  Should Obama get re-elected, it will only get worse.  He has no intention of improving the economy, he want America in the toilet as retribution for all the bad things it has done in the world.

Obama blames America for freeing Europe from the Nazis, for freeing the slaves, for making African Americans equal citizens, for sending trillions of foreign aid to other countries, for "imposing" democracy on other countries which would have done so much better under totalitarian dictatorships and for being successful.

These are the crimes of the American government and we should be ashamed. Not ashamed of the good we have done, but for electing a inexperienced, incompetent administrator to be the leader of the free world. 

Conservative Tom

Real Unemployment Rate Is 11.4%

By Dick Morris on September 8, 2012

Economist James Fitzgibbon of the Highlander Group says that “If we impute the data samplings of non-working citizens at the labor force rate of January 2009 (when this Obama term began) we would have a Household U-3 Unemployment rate currently of 11.4%.”
Fitzgibbon notes that the unemployment rate is being held down by 368,000 new people who have dropped out of the labor force. He says “Labor Force Participation rate, which has fallen sharply to 63.5%, a new 31 year low reading.”
Summarizing the data, he writes that the higher unemployment rate “which is much closer to seeming accurate and indicates this economic malaise and decline is worse than the contraction of 1980 – 81.” Grimly, he adds “I remember 1981, it was awful!”
So now we see Obama’s real program for coping with unemployment: Discourage people from even looking for work. Encourage them to leave the labor force and rely on government handouts instead.
With almost 90 million working age adults not participating in the labor force, we are close to become a nation that does not work (less than two-thirds of us do), gets entitlements (50% of us do – compared to 30% in 1980), and pays no taxes (50% of us don’t pay federal income taxes).
A new America — the America that will emerge if we re-elect Obama.