I don’t want to step to far into the area of expertise of my friend and colleague Dan Bubalo, who I am enormously proud to have persuaded to do a weekly exclusive, “Money and Politics” feature that appears here Monday’s. When it comes to money and politics – in my opinion, he is one of the finest essayists today per his former field of endeavor. With that caveat in place, let me say if you are buying the gar-bage the media marionettes and party apparatchiks are blathering about the economy pursuant to last week’s job report – please contact me. I’ve got several bridges that I just know you’d be interested in buying from me.
Obama, is preening, while his wife does her darndest to out impersonate Imelda Marcos – spending and living lavishly with the unrepentant attitude of Marie Antoinette. They are feeling confident, because as “Michelle Obama-Marcos” boasted while spending our tax money in Africa, the media has their back. And therein lies the rub. People just buy/accept whatever the media prattles endlessly on about, at a particular moment.
There is no way this economy is recovering. Manufacturing numbers are not healthy, a record 1.2 million people fell out of the labor force in one month alone, over 6 million jobs have been lost, crude oil continues to be $100 per barrel or higher, real estate and the housing market is still in the tank, and the Kenyan Communist in the White House wants to bail out homeowner mortgages which will cost the economy billions. Does that sound like a recovery to you?
Fuel prices are conservatively predicted to be $5 gallon by early summer, which means diesel fuel prices will be closer to $6 gallon, which means most of the middle class will have to make drastic changes in their lives, just to be able to afford food for their tables. That said, consider what you are paying for the same grocery items today, juxtaposed to what you were paying when Obama took office. Consider what it cost you to travel to work each month today, as opposed to when he took office, consider what you are paying to heat/cool your homes. Consider what it costs to travel for business and/or pleasure.
The media marionettes can go on and on mouthing administration talking points and hype, but the bottom line is this economy is in the tank and the only ones who don’t know it are the ones who will be the most adversely affected, i.e., the people.
Obama fallaciously boasts of General Motors as proof the bailouts worked, (right before he claimed there would be no more bailouts because they don’t work). Claiming General Motors is back on solid ground and foisting them as a success symbol of intrusive government intervention – is like saying a baseball player who hits 60 home runs in a season, but strikes out 300 times, has fewer than 80 rbi’s, has less than 30 walks for the season, with a batting average of .200 is a great hitter. My point being, that depends entirely upon how thoroughly you examine the empirical data. It also depends upon how complete your knowledge is of the game and macro data.
General Motors has fewer employees, it’s share price is less than half of what i should be to repay the taxpayers it still owes nearly $24 billion, it’s sales overall are down, and Das Fuhrer’s most highly prized and touted Chevy Volt is not only an economic disaster per unit cost, it has been an extraordinarily, spectacular sales failure.
And the aforementioned is just the tip of the iceberg. I haven’t mentioned the people who are now retiring broke, because government dictated we have to participate in a miserably failed system, called social security, nor did I reference those who saw their retirement 401K plans tank just as they were preparing to retire.
The media is gaga over the supposed 8.3 percent unemployment number, but that number is more bogus that the bearded woman’s beard. Even CNBC’s financial analyst, Rick Santelli pointed out the weak points Obama’s jobs data was using to artificially push down the unemployment rate. The factual unemployment rate hoovers somewhere between 11 percent and more realistically 15.6 percent.
As I wrote in my syndicated piece, Nero In The White House: “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 no 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.” (WND.com; 8/8/11)
Super Bowl Sunday, Dancing With The Stars, are the colosseum games, meant to entertain you as the media marionettes mislead you, away from the truth of what this maniacal Communist is actually doing. Taken all together, it gives new meaning to the phrase “dumbed down.”