“Initial claims for state unemployment benefits dropped by 1,000 to 388,000 365,000 367,000” …our glorious Labor Department announced today!! We at the Ministry of Truth want to remind ALL OF YOU that although you may THINK you remember last week’s number being 386,000 368,000 365,000…which would make this an INCREASE…such memories are ILLEGAL! Last week’s
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This just in from the Ministry of Truth! – 5/10/2012 Edition
Today is May 9th. On this date in 1962, scientists in Lexington, Massachusetts successfully bounced a laser off the moon for the first time. The moon surrendered to scientists shortly thereafter in the famous “Lunar Peace Accords” negotiated by Jackie Gleason. As part of the agreement, the show The Honeymooners aired its final episode on this date in 1971. Also on this date, in 1950, L. Ron Hubbard published Dianetics: The Modern Science of Mental Health , the foundational book in Scientology. As soon as it hit the shelves, Hubbard danced and jumped all over Oprah’s sofa, then blocked Trey Parker and Matt Stone on Twitter. And finally, today is “National Lost Sock Memorial Day”. Please observe a moment of silence. We are all socks today. Consider this an Open Thread . Get ready for the Postal Service bailout | Human Events “To illustrate just how much of a joke the Senate postal bailout is, the comedians at House Oversight uploaded YouTube video of Senate Majority Leader Harry Reid explaining why seniors ‘love junk mail,’ because it’s ‘sometimes their only way of communicating, or feeling they’re part of the real world.’” Juddmentum for Obama challenger, federal inmate Keith Judd? Aw yeah! | Twitchy “This morning, conservatives on Twitter are continuing to have a blast with the #Juddmentum hashtag.” Video: What a history lesson can do for an Occupier | Hot Air “The irony here, of course, is that the history lesson of democracy gets delivered by a former refugee from the former Soviet Union, but the history lesson doesn’t just end with the USA.” Big Labor Attempts to Commandeer American Airlines | CFIF “Instead of allowing American’s bankruptcy restructuring process to run its natural course, and a stronger airline to emerge, American’s unions have acted in a manner that can only serve to muddle and complicate the situation.” Protesters Went Nuts On Bank Of America’s Shareholder Meeting And The Results Were Hilarious | Business Insider “Occupy movement protesters descended upon Bank of America’s Charlotte, North Carolina headquarters today to disrupt the annual shareholder’s meeting.” Today’s Word of the Day comes via Dictionary.com cicatrix (SIK-uh-triks): noun 1. New tissue that forms over a wound. 2. Botany . A scar left by a fallen leaf, seed, etc.
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Daily Links – May 9, 2012
You have to love the era of YouTube. Nothing gets past us these days because it’s all on tape! Although somehow people are still questioning what someone said even when it is on tape . Either way, it makes for great moments in campaign years. Take for instance this little diddy that took place on the Romney trail. For the video impaired, a woman had some not too kind words to say about President Obama. Via Huffpo : “We have a president right now that is operating outside the structure of our Constitution,” the audience member said to applause. “And I want to know — yeah, I do agree he should be tried for treason — but I want to know what you would be able to do to restore balance between the three branches of government and what you are going to be able to do to restore our Constitution in this country.”Romney didn’t correct the woman, choosing instead to address the question she posed. “Well, as I’m sure you do, I happen to believe the Constitution was not just brilliant but probably inspired. I happen to believe the same thing about the Declaration of Independence,” said Romney. “I would respect the different branches of government if I am fortunate enough to become president.” Apparently the White House is very upset that Romney didn’t immediately punch this woman in the face and arrest her for sedition. “We saw what a weak leader Romney was in the whole [Richard] Grenell mess,” DNC Communications Director Brad Woodhouse said, in reference to the openly gay foreign policy spokesman who left the Romney campaign last week. “Not surprised he didn’t push back on the treason remark.” Choice words from the party of Joe Biden, a man who was just smacked down for offering his own opinion on gay marriage that stood in stark contrast to the view of the President. But Obama’s people weren’t done yet. “Time after time in this campaign, Mitt Romney has had the opportunity to show that he has the fortitude to stand up to hateful and over-the-line rhetoric and time after time, he has failed to do so. If this is the ‘leadership’ he has shown on the campaign trail, what can the American people expect of him as commander-in-chief?” So there you have it. There is absolutely nothing worse than a man of Governor Romney’s stature staying quiet while awful things are said about his opponent. This is something that Obama would never find himself on the wrong end of. Unless of course when he was exactly on the other end of it just last year. From Buzzfeed : Democrats are capitalizing on comments made at town hall by a woman asking a question who said President Obama should be tried for treason, comments not immediately disavowed by Mitt Romney. In 2011, during a Labor Day rally with Obama rally, Teamsters President Jimmy Hoffa said Democrats should “take these [Republican] sons of bitches out”. WH Advisor Daniel Pfeiffer responded in an interview with AM 630 that officials shouldn’t be responsible for everything said and don’t have to serve as the “speech police. ” (emphasis mine) Here’s the audio: And I thought Romney was supposed to be the flip flopper. Follow @BenHowe
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Obama Was Against Disavowing. Before He Was For It.
According to the BLS (motto: “We put the BS in Labor statistics”) there are 8 MILLION more people in the United States now than when Obama was sworn into office. 8 million. Given even their anemic and nonsensical dropping of the “Participation Rate” to historic lows, that still means that there are 5 MILLION more
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David Axelrod as Pinocchio
With the economy sluggish and stagnating, you would think that economic growth ranks high on President Obama’s list of priorities for a second term. But of course, you would be wrong. Lefty Ezra Klein, who writes about economic policy for the Washington Post , has just published a well-sourced piece on ” what Obama would do in a second term ,” and the words “economic growth” are nowhere to be found. This is no accident. With all due respect to the president, he is dangerously ignorant about economic matters. Indeed, he knows nothing about incentives and job creation, fiscal and monetary policy. Which is why we are suffering through the worst economic recovery since the Great Depression . The most recent jobs report, in fact, found that the labor force participation rate — that is, the percentage of working-age people with a job or actively looking for work — declined to 63.6 percent in April. “That monthly decrease was the third in a row; and [it] marked the lowest level for that measure since December 1981,” reports Thomas Olson in the Pittsburgh Tribune-Review . Oh, to be sure, according to Klein, “Everyone from Obama’s closest advisers to the GOP’s top tacticians agrees that the first year of a second term — and perhaps even more than that — would be ‘fiscal.’ That is to say, it would be devoted to budget and tax issues.” But raising taxes to fund the behemoth state — which is clearly what Obama has in mind for a second term — doesn’t promote economic growth. And so, debt reduction, in itself, doesn’t necessarily help anyone. What matters is how the debt is reduced or managed. If the debt is managed in a way that incentivizes the entrepreneurial class and the free market, then that is a good thing. This will promote economic growth and job creation. But if debt reduction becomes simply a convenient excuse to punish entrepreneurs and innovators with higher taxes and ill-advised regulation, then economic growth and job creation will suffer. Yet, “beyond the deficit,” reports Klein, “Obama’s advisers see two big unfinished pieces of business from the first term: climate change and immigration reform.” Climate change and immigration “reform”? Excuse me, but the biggest piece of “unfinished business” is economic growth, without which everything else becomes impossible. And if the president doesn’t understand this, then it’s time for a new president. Now.
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A Clueless Obama Abandons Economic Growth
