This Week's Political Rollup

Presidential Debate. All the cockroaches certainly came out of woodwork after Romney smashed Obama Wednesday night at the first Presidential Debate. DNC Communications Chief Brad Woodhouse said that "Romney was lying". Al Gore, a failed human being, attributed Obama "not being on a his A game" because of the altitude (less oxygen) of Denver - the debate site.  The Democrats cannot debate on the facts, nor Obama's record.  They rely soley on attack politics to take the voters focus away from the facts.  

Obama's Failed Economy. Califonia gas prices all time high. The price of gasoline hit an all time high in California of $4.61 a gallon Saturday, fueled by a reduced supply and a volatile market. There are reports of gas as high at $5.80 in many California locations.

Obama say's one thing but his policies, restrictions and his regulatory happy Adminstration is doing something else all together, and that is mortgaging our national security and lowering our standard of living by refusing to leverage our national energy assets...instead relying on importing our energy needs. Instead he throws billions of dollars, $90 billion in fact, into failed alternative energy sources owned by his campaign contributors. And we now pay twice as much for gasoline as we did when he took office.

Unemployment. The Obama Administration comes out with new unemployment numbers, just three days after his debacle on stage at the Presidential debates and 30 days before the General Election. Wow, talk about good timing. He say's the unemployment rate has dropped from 8.1% to 7.8% and of course if using this figure as "proof" that his economic principles are working. Really?

There are less people working today desite the new 7.8% unemployment rate than the lowest number of workers during the 8 year Bush Administration, why is that if Obama's policies are working?

Most economists were expecting a slight rise in the unemployment rate, so the number has raised suspicions that the White House might be cooking the books ahead of the election next month. Then we find out that actual public sector lost over 5,000 jobs and the "rise" in jobs was due to a projection of additional government jobs,.....yes, a projection.

And then Breitbart.com reports that while only 114,000 jobs were created in September--which would have translated into a rise in unemployment from 8.1% to 8.2%--the unemployment rate fell dramatically to 7.8%. That unusual drop is the fastest in nearly three decades and one reason was the rise was an upward revision of 86,000 to the July and August jobs numbers--all of which came from a 91,000 increase in the estimate of public sector jobs.

Of course, the Obama Adminstration is not including the 2.5 million people who have stopped looking for work - because there is none to be found; the 12 million who are under employed working for wages far below their education and experience level and the 8.8 million who can only find part time work.

Shame on you Obama - you promised you would be a one term President if you didn't make things better - now you have made them worse. Keep you promise and leave office.

Libyan Consulate attacks. In yet another example that Obama has taken the reputation of the U.S. to an all time low, and after trying to convince the American people that the Libyan Consulate attack was caused by a spontaneous demonstration gone violent rather than a planned, well armed terrorist attack on the anniversary of 9-11, not to mention a follow-on investigations that didn't get started for three weeks allowing Libyans and even news groups to ravage the site and scoop up classfified information,.....now e-mail's and employee reports are coming to light about the Libyan Consulate's repeated requests for additional security which was denied by Hillary's State Dept and the Obama Administration.

In fact there was a Special Forces team in Libya providing security and assessing the threat. They were removed before the 9-11 anniversary and after their repeated requests for additional security measures, which were not fulfilled.

Coming on the heels of Obama's foreign policy blunder of a giant magnitude when he received Muslim Brotherhood members to the White House and refused to meet with Israeli Prime Minister Netanyahu, one cannot come to any other conclusion that we do indeed have an amateur in the White House. Let's send him back to Chicago.

The Real Unemployment Rate

If you believe the unemployment rate is 8.3% then you have been fooled, says the latest article by Forbes.

Forbes says the unemployment rate is really 11%. Here is how they come to that conclusion:

* In January 2009, labor force participation rate was 65.7%.
* It was still 65.7% in June 2009 when they said the recession ended.
* The latest rate is 63.7% = 5 million Americans no longer counted.
* If those 5 million are counted, we have 11% unemployment.
* If the January 2012 report had the same participation rate as December 2011, the unemployment rate would have risen to 8.7%.

The time has come to begin to raise questions about the precipitous decline in the labor force assumed by Bureau of Labor Statistics (BLS). Are the career bureaucrats there partial to President Obama, and favorable towards promoting his political chances for reelection? Or has the Obama Administration placed someone in a leadership slot over at the BLS or the unemployment statistics branch that is imposing this assumed sharp decline? Because of the oddness of this record setting decline, coinciding with President Obama’s ascension to office, these questions bear further investigation.

Here is the unemployment rate by demographic:

* Blacks: 13.6%
* Hispanics: 10.5%
* Teenagers: 23.2%
* Black Teenagers: 40%

To grade Obama, it is best to see how this "recovery" compares to others.

* Average length of a recession: 10 months, we are now at 50 months.
* Obama boasts about 250,000 jobs created. Reagan routinely created 1 million jobs.
* Can't blame Bush because history shows the steeper the recession, the stronger the recovery.
* After 2.5 years: Reagan created 8 million jobs and unemployment dropped 3.6%


Again, that website is here.

Happy Thanksgiving!

This link was sent to Cowboys with the title: "Happy Baracksgiving".
Thank you Mr President for all that you do.