Our #1 we learn under President Obama the American standard of living has gone down. #2 then questions whether President Obama knows what his job is supposed to be? Article #3 show President Obama telling a crowd it’s okay to clap. #4 is a story of how the government is guaranteeing the loan for a new electric car company which current is building the cars in Finland. Article 5 is video where union teachers talk about how you push Marx in the classroom. #6 explains why business is freaking out under Obama. #7 explains the anti-Semitism you are hearing at OWS. #8 is a video by Felonius Munk on what the OWS needs to do. Finally, just for fun, #9 tells you 50 things you’ve learned from the movies.
1. American Standard of Living Drops
Think life is not as good as it used to be, at least in terms of your wallet? You'd be right about that. The standard of living for Americans has fallen longer and more steeply over the past three years than at any time since the US government began recording it five decades ago.
Bottom line: The average individual now has $1,315 less in disposable income than he or she did three years ago at the onset of the Great Recession – even though the recession ended, technically speaking, in mid-2009. That means less money to spend at the spa or the movies, less for vacations, new carpeting for the house, or dinner at a restaurant.
In short, it means a less vibrant economy, with more Americans spending primarily on necessities. The diminished standard of living, moreover, is squeezing the middle class, whose restlessness and discontent are evident in grass-roots movements such as the tea party and "Occupy Wall Street" and who may take out their frustrations on incumbent politicians in next year's election….
Well I guess Obama won’t be asking the voters if they are better off than they were four years ago.
2. Does Obama know what his job is?
Listening to President Obama speak at event after event, the question that continues to come to mind is this: does this guy understand what his job actually is?
The president continually sounds very much like a fire marshal. He sounds like that guy who has the job of discovering the root cause of a fire, determining if it had been set deliberately, and if it had been, identifying the perpetrator and bringing him to justice.
This is an important function, to be sure, and in no way is it a minor responsibility. Unfortunately, Mr. Obama seems confused about his job responsibilities. In 2008 he was not elected to be the nation's fire marshal.
He was hired to be the nation's chief fireman….
This is an interesting analogy which goes to the heart of what Obama’s problem is. He’s not doing his job.
3. Obama gives permission to clap
Obama visited Fire Station 9 to draw attention to a major piece of his $447-billion jobs package. HE WANTS TO SPREAD $35 BILLION AMONG STATES AND CITIES, IN PART TO PREVENT LAYOFFS OF POLICE AND FIREFIGHTERS, AND WOULD PAY FOR IT WITH A SURTAX ON MILLIONAIRES. Congress may vote on that measure as early as this week.
On Wednesday afternoon, Obama stood at a lectern against a backdrop of firefighters and offered his prescription for solving the persistent jobs crisis: "A fair shot for everybody; a fair share from everybody. That's the principle that built America."
THE PRESIDENT GOT A POLITE RECEPTION FROM THE 100 OR SO PEOPLE CROWDED INTO THE STATION GARAGE. Early in his speech he mentioned his American Jobs Act.
One or two people clapped.
"YOU CAN GO AHEAD AND CLAP," THE PRESIDENT SAID. "GO AHEAD, NOTHING WRONG WITH IT."
What an embarrassment.
This entire "CLASS WARFARE TOUR" HAS BEEN A BUST. He tried to do a balancing act with the OWS crowd, endorsing their protest without endorsing some of the loonier and hateful things that are coming out of the encampments. He tried pretending his jobs bill isn't dead. He tried to rev up crowds by getting them angry at "millionaires and billionaires" without much success.
Nobody is listening and few care. HE ALREADY GIVES OF THE STENCH OF NOT A LAME DUCK, BUT A DEAD DUCK - A FAILED ONE TERM PRESIDENCY that people will talk about in the same breath as Jimmy Carter.
Not only can Barack Obama not walk on water, it appears he can’t swim.
4. The Next Green Scandal?
There's been considerable coverage of the Department of Energy's $534-million loan guarantee to bankrupt Solyndra. But lurking unnoticed is a similar $529 million DOE GRANT TO FISKER AUTOMOTIVE TO BUILD THE HIGH-END HYBRID KARMA AND EVENTUALLY MID-PRICED SEDANS. WITH HYUNDAI, TOYOTA, PORSCHE, AND GM BUILDING HYBRIDS, WHY IS THE GOVERNMENT FUNDING AN AUTOMOTIVE STARTUP?
Fisker's people believe that they can build a car with more consumer appeal. Are they right? The market will let them know, just like it has for Chevy Volt.
There are two considerations involved. First is the Karma itself, and second is the government loan in light of the Solyndra revelations….
… FISKER ALSO CLAIMS A "50 MILES ALL ELECTRIC" RANGE, adding that "Most people travel less than 35 miles/56 km per day." The question unanswered is under what driving conditions was battery range determined. Do they mean covering 50 miles in one hour, or two? While battery-only operation sounds very green, how ecological is it when the recharging current is generated by an icky coal-fired plant?
As for being an American job-generator, THE KARMA IS CURRENTLY BEING BUILT IN FINLAND, AND ACCORDING TO CAR AND DRIVER, THE ELECTRIC MOTORS UTILIZED ARE A PRODUCT OF CHINA….
The government has a bigger stake in this than do private investors. Should the government be acting as venture capitalists?
5. Union Teachers Explain How to Push Marxism in the Classroom
What I find humorous is that these teachers think teaching history and critical thinking will push Marxism and Socialism. In fact, both of these have been discredited. The 20th Century showed us the evils of the Progressive Movement with hundreds of millions dying for Progressive sins.
6. Why Business is Freaking Out Under Obama
It’s understandable why many left-of-center economics columnists—such as Paul Krugman of the New York Times, Ezra Klein of the Washington Post, and Kevin Drum of Mother Jones—SIMPLY HATE THE IDEA THAT POLICY UNCERTAINTY MAY BE A HUGE DRAG ON BUSINESS AND THE ECONOMY. It’s the Obama administration, after all, that wants to raise taxes during an anemic recovery, has no long-term debt plan, and thinks the economy is under-regulated. And to be sure, policy uncertainty isn’t the only economic problem facing America or hurting business sentiment. But it’s likely a significant one. Here’s why:
1. Uncertainty Index. University of Chicago business PROFESSOR STEVEN DAVIS HAS CONSTRUCTED A “POLICY UNCERTAINTY” INDEX based on a) the frequency of newspaper references to economic policy uncertainty, b) the number of federal tax code provisions set to expire in future years, and c) the extent of forecaster disagreement over future inflation and federal government purchases.
His goal is to investigate the claim that “businesses and households are uncertain about future taxes, spending levels, regulations, health-care reform, and interest rates. In turn, THIS UNCERTAINTY LEADS THEM TO POSTPONE SPENDING ON INVESTMENT AND CONSUMPTION GOODS AND TO SLOW HIRING, impeding the recovery.” Looking at a variety of events including the stimulus and debt ceiling debates, DAVIS CONCLUDES “POLICY RELATED UNCERTAINTY PLAYED A ROLE IN THE SLOW GROWTH AND FITFUL RECOVERY” OF THE PAST FEW YEARS.
2. Gloomy entrepreneurs. UNCERTAINTY MAY BE COSTING THE UNITED STATES SOME 2.5 MILLION JOBS, according to Davis. But uncertainty over what, exactly? Well, the US Chamber of Commerce recently conducted a survey of small business and found that while 53 PERCENT SAIDUNCERTAINTY WAS THE MOST-PRESSING CONCERN, 39 PERCENT ALSO SUFFER FROM UNCERTAINTY ABOUT WHAT WASHINGTON WILL DO NEXT.
Drilling down further, 79 percent said they would rather Washington “get out of the way” than offer a “helping hand,” and 83 percent said the growing U.S. national debt is making them anxious. What’s more, a recent survey from the NATIONAL FEDERATION OF INDEPENDENT BUSINESS (NFIB) FOUND THAT WHILE 25 PERCENT CITED “POOR SALES” AS THEIR BIGGEST PROBLEM, 37 PERCENT BLAMED EITHER REGULATIONS (19 PERCENT) OR TAXES (18 PERCENT).
Keep reading for the last three reasons business is freaking out under Obama.
7. Occupy Wall Street’s Anti-Semitic Origins
Sometimes IT SEEMS AS IF EVERY TIME SOMEONE IN THE TEA PARTY BREATHES THE MAINSTREAM PRESS FINDS A WAY TO LABEL IT AS RACIST OR PROMOTING VIOLENCE. Yet all of THE ANTI-SEMITIC POSTERS, CHANTS AND COMMENTS AS WELL AS THE ONES DEMONIZING ISRAEL MADE BY THE OCCUPY WALL STREET PROTESTERS ARE VIRTUALLY IGNORED MY THE MEDIA. Making matters worse, the media has been negligent in performing its investigative duties because with just a little research they would discover that the Antisemitism may be a symptom of the fact that THERE ARE VIRULENT JEW-HATERS AND ISRAEL-BASHERS IN THE RANKS OF OWS'S FOUNDING "FATHERS.”
Take Adbusters for example…
…From cynically squandering billions of dollars of taxpayer money each year in gifts to the apartheid state of Israel…
… Often enough, the true aim of the Zionist lobbies is concealed. Instead the Zionist lobbies promote some righteous phony humanitarian alternatives….
… we live in a planned socialist/communist economy now because the means of every transaction is regulated by a centrally planned bank. The Federal Reserve (UNDER THE JEWISH LEADERSHIP OF VOLCKER, GREENSPAN, AND NOW BERNANKE...ALONG WITH WITH THE TREASURY....AND PARTNERED WITH LARGE BANKING INSTITUTIONS SUCH AS JP MORGAN, B OF A, GOLDMAN SACHS ET AL.) control the volume and circulation of money….
OWS appears to be everything the TEA Party isn’t, yet the MSM accuses the TEA Party of being. The Democrats are carefully embracing the movement leaving room to disavow them at any time.
8. Felonious Munk Presents: Stop It B! Occupy Wall Street?
A Comedian looks at Occupy Wall Street. It’s not rated PG.
9. 50 Things I Learned From The Movies
Below is a pretty great list of 50 things that all of us have learned from movies. (via)
1. All telephone numbers in America begin with the digits 555.
2. Medieval peasants had perfect teeth.
3. The ventilation system of any building is the perfect hiding place. No one will ever think of looking for you in there, and you can travel to any other part of the building you want without difficulty.
4. Any person waking from a nightmare will sit bolt upright and pant.
5. It is always possible to park directly outside the building you are visiting
This is kind of a fun read. I especially liked 11. Cars that crash will almost always burst into flames. Actually I would add to that spectacularly burst into flames.