BARACK OBAMA, THE POVERTY PRESIDENT … IMAGINE THAT, MORE CHILDREN IN POVERTY TODAY THAN DURING 2008 RECESSION.
Since Barack Obama has become president, 3 million more children live in poverty, including an amazing number of black children. So much for the first black president changing the conditions for black American children, instead he has made matters worse. This is simply criminal, especially as this president has caused division among the races and promoted class warfare. Yet, Obama has done nothing to help the poor and those in poverty, even with his redistribution of wealth. There is a reason why Obama is known as the food stamp president. This is a kin to child abuse. Imagine what the MSM news headlines would be if a white Republican president had resided under such conditions for black and Hispanic children? Obama is simply an epic failure and will go down as the worst president in history.
But blacks and Hispanics continue to vote For Democrats in droves as their lives are made more miserable by their liberal agenda. If this same data occurred during the presidency of a Republican the media would be asking, why does the GOP hate children.
Ever since President Obama took office, the poverty rate among children has soared to 22 percent, with three million more children living in poor conditions, according to an authoritative new report released Tuesday.
The 2015 “KIDS COUNT” report from the Annie E. Casey Foundation said that the percentage of children living in poverty jumped from 18 percent in 2008, the year Obama was elected, to 22 percent in 2013. It added that the rate dropped from 2012 to 2013, in line with the improving economy.
• The child poverty rate among African Americans (39 percent) was more than double the rate for non-Hispanic whites (14 percent) in 2013.
• In 2013, three in 10 children (22.8 million) lived in families where no parent had full-time, year-round employment. Since 2008, the number of such children climbed by nearly 2.7 million.
• Roughly half of all American Indian children (50 percent) and African-American children (48 percent) had no parent with full-time, year-round employment in 2013, compared with 37 percent of Latino children, 24 percent of non-Hispanic white children and 23 percent of Asian and Pacific Islander children.”
More from USA Today ... So much for the war on poverty.
“The fact that it’s happening is disturbing on lots of levels,” said Laura Speer, the associate director for policy reform and advocacy at the Casey Foundation, a non-profit based in Baltimore. “Those kids often don’t have the access to the things they need to thrive.” The foundation says its mission is to help low-income children in the U.S. by providing grants and advocating for policies that promote economic opportunity.
The report examined data from several federal agencies ranging from 2008 to 2013 to assess state-by-state trends of 16 factors of children’s well-being, including economics, education, health and family and community. It found that one in four children — a total of 18.7 million kids — lived in low-income households in 2013; low-income families were defined as those who use more than 30% of their pre-tax income for housing.
The report also examined racial disparities between children living in low-income households. Black, Hispanic and American Indian children were more than twice as likely to live in poverty than white children, the report said.
NYPD Chief Bill Bratton says Hiring Black Officers is Difficult: They Cant Pass Background Checks Because “So Many Have Spent Time in Jail”
SO WHY IS IT SO DIFFICULT FOR POLICE FORCES TO RESEMBLE THE COMMUNITIES THEY PROTECT AND SERVE?
New York police commissioner Bill Bratton made a rather interesting comment when asked why more minorities are not hired as police officers to have police forces more resemble their minority neighborhoods and municipalities they serve. In a Guardian report, Bratton’s response was that too many non-white police recruits cannot pass the background checks and restrictions to the job because they have spent time in jail. in other words, convicted felons are automatically disqualified from the NYPD applicant pool, as well as anyone guilty of a domestic violence charge or who has been dishonorably discharged from the military. Bratton suggested that the stop and frisk program was to blame. Really, when did Bratton become such a liberal tool?
So what a are we supposed to do, lower the bar and allow felons to become police officers? I guess they would already know they law of the land of the jails, (sarcasm intended).
Hiring more non-white officers is difficult because so many would-be recruits have criminal records, the New York police commissioner, Bill Bratton, has said.
Police departments, responding to widespread protests against several high-profile police killings of black men, are boosting efforts to recruit more non-white officers. But budget restrictions, strained relations between police and minority communities and, according to Bratton, a history of indiscriminate policing tactics that disproportionately target black and Latino men complicate the department’s goal of racial parity.
Bratton blamed the “unfortunate consequences” of an explosion in “stop, question and frisk” incidents that caught many young men of color in the net by resulting in them being given a summons for a minor misdemeanor. As a result, Bratton said, the “population pool [of eligible non-white officers] is much smaller than it might ordinarily have been”.
UPDATE I: But speaking to CBS2, Bratton said, “We are making a mountain out of a mole hill. The Guardian report was incorrect and we are demanding a retraction.”
Bratton was quoted as blaming the “unfortunate consequences” of an explosion in stop and frisk incidents.
He also blamed a strained relationship between police and minority communities.
But speaking to CBS2, Bratton said, “We are making a mountain out of a mole hill. The Guardian report was incorrect and we are demanding a retraction.”
Bratton said he made the comments, but they were taken out of context.
UNREAL … YOUR HARD EARNED TAX DOLLARS HANDED OVER TO SO-CALLED GREEN ENERGY AND NO ACCOUNTABILITY.
The Daily Caller is reporting that the IRS has handed out billions of dollars to support Barack Obama’s green energy projects. You know, those one’s like those unsuccessful and bankrupt companies like Solyndra. And it gets worse, if possible. The IRS is not tracking the money to see how it was being spent. ARE YOU KIDDING, WHEN WILL THIS ALL STOP!!! The IRS, the organization who makes people’s lives miserable for not properly tracking their income, does not have to do the same with tax payer dollars? Talk about the ultimate in hypocrisy. Honestly, the IRS really does need to be abolished and converted into an entity that just counts the tax revenue sent in by Americans from a flat or fair tax and no longer allowed to harass or divvy out monies at the bequest of a president.
A new government watchdog report found that the Internal Revenue service has handed out billions of dollars to support green energy projects, and then failed to mention how the money was spent on building new power generation.
The Government Accountability Office (GAO) reports that IRS tax subsidies to green energy operators “accounted for an estimated $13.7 billion in forgone revenue to the federal government for renewable projects and $1.4 billion for traditional projects” between 2004 and 2013.
That’s a lot of money, but the IRS can’t (or won’t) tell government auditors how much green energy generating capacity their tax subsidies are supporting. The GAO says the IRS “is not required to collect project level data from all taxpayers” who claim an Investment Tax Credit (ITC) or Production Tax Credit (PTC).
“IRS officials stated that IRS is unlikely to collect additional data on these tax credits unless it is directed to do so,” the GAO reported. “Since 1994, GAO has encouraged greater scrutiny of tax expenditures, including data collection. Without project-level data on the ITC and PTC, Congress cannot evaluate their effectiveness as it considers whether to reauthorize or extend them.”
Part 1: It Has Been 10 Years Since Natalee Holloway Went Missing, No Body … No Crime … And No One Tried, But We Know Damn Well Who Is Responsible, Don’t We Joran Van der Sloot?
ITS HARD TO BELIEVE IT HAS BEEN 10 YEARS …
May 30, 2005 … Alabama teen Natalee Holloway has gone missing in Aruba while on a class trip with her fellow Mountain Brook classmates to celebrate their graduation from high school, to begin their college careers and the rest of their lives. Or so they all thought. All of these young teens with their whole lives ahead of them, just celebrating one more time together before they went their separate ways in what was supposed to be a safe vacation surrounded by sand, sun and the sea. Like so many classes before them, a visit to Aruba was supposed to be the one last high school fling. Sadly, for Natalee Holloway it would be the one last thing she ever did in life, never to attend college, never to have the rest of her life. Enter Joran Van der Sloot, Deepak Kalpoe and Satish Kalpoe and everyone’s lives would be changed forever and not for the better.
Natalee Holloway and friends in Aruba 2005
The first post Scared Monkeys ever wrote on this missing persons case was entitled, ‘This Can’t Be Good For Tourism, Where’s Natalee Holloway’. At first glance, one night think it was rather crass and insensitive. But having visited Aruba since the 1970′s, having friends on the small Caribbean Island, even having dated a beautiful Aruba girl in my teens, and having lived and worked on Aruba, I pretty much knew what the prime concern would be for “One Happy Island” and that was to save its tourism industry at all cost. Even if it meant trying to push the dirt under the rug and hide things in the closet. The cover-up, collusion, corruption and cronyism would only be made worse in the case of missing Natalee Holloway when the individual last seen with the beautiful blond Alabama teen was Joran Van der Sloot, a boy of Dutch privilege who’s father was a judge in waiting with so many connections legally, politically and with law enforcement that all signs pointed toward the Holloway, Twitty and Reynold’s family being given the run around from the very beginning. I say this prior to ever having researched the case in depth or having talked to or met any of the family members. From experience, I knew the family was in for a hell of a time from past experiences on Aruba where the most simple of things are made into some of the most exasperating efforts in futility. I knew that Dave Holloway and Beth Twitty were in for a hell of a roller-coaster experience.
No one will ever convince me otherwise that the disappearance of Natalee Holloway and the subsequent search and investigation in Aruba was obstructed on two levels, one from the Van der Sloot family and Paulus Van der Sloot with his connections to prevent his son from going to prison and two, on a police, prosecution and government level to attempt to sweep this under the sand and save their economy that depended upon American tourism.
18 year old Natalee Holloway went missing on Aruba and was last seen leaving an Aruba bar, Carlos N’ Charlies, with three boys, Joran Van der Sloot, Deepak Kalpoe and Satish Kalpoe. The news of Natalee’s disappearance was not made public to the adults in attendance with the teens until the following day when it was time to head off for the airport to leave. Natalee was missing. From the outset, something was very wrong in how this case was being investigated. The Aruba police had the mindset that Natalee was just off having fun and she would return because this happens all the time. REALLY? That might have been some what okay reasoning for Aruba LE had any one of the three people Natalee was last with were missing too. However, they were not, they were already lying. What changed this case, brought it to the forefront and escalated it to new heights that we have never seen before in a missing persons case was that Aruba and the powers that be never imagines that the Holloway/Twitty family would have arrived so quickly on Aruba and hit the ground running trying to find Natalee. The Holloway/Twitty crew were doing the police and detective work that the Aruba LE should have already had done. Like I said, from the outset something smelled to the high heavens, and it was not just inept and incompetent police work, some was so bad it was obvious it had to be intentional.
Carlos N’ Charlies 2005
The lies begin from the three amigos, Joran, Deepak and Satish … From the beginning of dealing with the three individuals who were last seen with Natalee, the lies were flowing. They stated that they dropped her off at her hotel, the Holiday Inn after having left Carlos n’ Charlies. How can the last three people ever to see Natalee not be considered suspects? especially when video surveillance tape showed that the three had never done any such thing. Wouldn’t that or shouldn’t that have been the first thing that Aruba LE should have checked? Instead, the family had to do the investigative work.
Holloway was last seen by friends getting into a vehicle and leaving the Carlos and Charlie’s nightclub in the capital of Oranjestad before dawn Monday.
Police questioned and released three Aruban men who said they dropped Holloway off early Monday at the Holiday Inn, where she had been staying about 3 miles from the capital of Oranjestad, said police assistant inspector Jules Sambo. The three were not suspects, he said.
MORE LIES … BLAME IT ON THE BLACK GUYS.
On June 5th, 2005 two black men were arrested in connection with the disappearance of Natalee Holloway. Why, because they were black. How racist is that? The former security guards, Mickey John, 30, and Abraham Jones, worked for the vacant Allegro hotel, two blocks from the Holiday Inn where Holloway stayed. How does anyone arrest two black men for a crime when the last people seen with a missing person walk free? Thus, we see from the outset the mindset in Aruba to blame this on anyone, two hapless black men, just because Aruba can. And they might have gotten away with it had Beth Holloway not come to their rescue and state, they were innocent.
The 2005 Arrest of Mickey John
A judge ruled Wednesday there was sufficient cause to keep holding two former hotel security guards in connection with the disappearance of an Alabama high school honors student.
The decision means authorities may hold Nick John, 30, and Abraham Jones, 28, for nearly four months while prosecutors investigate possible murder and kidnapping charges in the disappearance of 18-year-old Natalee Holloway, defense attorneys said. Neither man has been formally charged.
The two men were arrested Sunday on suspicion of first- and second-degree murder and capital kidnapping, the latter of which is invoked when a kidnapping victim is killed, according to court-appointed defense attorneys Noraina Pietersz and Chris Lejuez.
Later in the case, I had the opportunity to meet Mickey John in the States through the aid of FOM and talk to him as to what happened, his involvement, if any, and his opinions on the case. After talking to him for 5 minutes it became obvious he had nothing to do with Natalee’s disappearance and what just an easy patsy to blame it on. Was Micky John a choir boy, of course not, but he was hardly a murderer. John told me that he would never make any type of statement, especially in Aruba fro fear he would be arrested again for no reason. What had always bothered me to this day was how did the Aruba LE, prosecution and judiciary allow the last three people ever to be seen with Natalee Holloway go from persons of interest and prime suspects to witnesses? From 6/8/05, Attorney general spokeswoman Vivian Van Der Biezan also told a news conference that three “persons of interest” who were questioned and released last week were considered “witnesses,” not suspects. HUH? They dropped the dime on Micky John and Abraham Jones and the Aruba legal brain-trust fell for it hook, line and sinker. Of course the fact that Joran Van der Sloot’s father, Paulus, was a lawyer and a judge in waiting with his many connections had nothing to do with this attempted cover up and frame job. It would not be until June 13, 2005 that Abraham Jones and Mickey John was released from jail.
Abraham Jones Released!
This announcement was telling on two fronts, one, justice finally prevailed in that these two black security guards were finally let out of jail as they had no involvement in the disappearance of Natalee Holloway and the other would be something that would become a common occurrence through out the investigation in Aruba. The second interest fact was that Scared Monkeys broke the news of the release of the two security guards before the AP. Needless to say that prompted many news outlets to contact us and ask how that was possible. This became one of the events in the case that prompted the news outlets to track SM, not the other way around. That’s what happens when you have people on the ground and know others with connections that supplied info and data on a case that was so fluid.
On June 6th, volunteers in Aruba searched for missing Natalee Holloway. About 700 volunteers joined police, soldiers and FBI agents on Monday, combing scrubland and beaches on Aruba’s southeastern tip in an unprecedented search for an Alabama teenager who vanished a week ago on a trip to the Dutch Caribbean island. The Aruba government gave their civil servant employees the day off to help search for Natalee. However, only about 18% of government employees showed to search on what was the biggest story to hit Aruba since their independence from Holland. Also, who did not search … Joran Van der Sloot, Deepak Kalpoe or Satish Kalpoe.
It would not be until June 8, 2005 that the three boys, Joran Van der Sloot, Deepak Kalpoe and Satish Kalpoe would be arrested by Aruba authorities in connection with the disappearance of Natalee Holloway. However, Natalee went missing on May 30, all this time for these three to get their stories synched together and to be coached by Joran’s father, Paulus Van der Sloot. Eight days go by and the individuals who were last seen with a missing person were allowed to sanitize, erase, get rid of and clean up all loose ends with the help of their master white-washer, Paulus.
Aruban police arrested three more suspects in the case of the missing American honors student Thursday, the attorney general said.
Attorney General Caren Janssen said police arrested three men that police had previously questioned and released in the disappearance of 18-year-old Natalee Holloway.
Authorities have described the three as students – two Surinamese and a native of the Netherlands – who told police they dropped off Holloway at her hotel around 2 a.m. on May 30. Hotel employees, however, say that security cameras did not record her return.
Posted May 30, 2015 by Scared Monkeys
Arrest, Aruba, Beth Holloway, Blacks, Bloggers, Caribbean, collusion, Conspiracy, Corruption, Cover-Up, Crime, cronyism, Dave Holloway, Deceased, Deepak Kalpoe, Economy, Government, Joran Van der Sloot, Judicial, Justice, Kidnapping/Abduction, Law Enforcement, Legal - Court Room - Trial, Liars, Media, Misrepresentation, Missing Persons, Murder, Natalee Holloway, Racism, Travel, United States | 3 comments
GDP Grew 0.2% For Q1 2015 >>> GDP Shrank 0.7% For Q1 2015.
The GDP was originally said to have grown at a meager 0.2% for the first quarter of 2015 back in April. That was bad enough, however, it gets worse. The GDP was revised down to -0.7%. That means that the economy actually shrank by 0.7%. There was no growth. Way to go Barack Obama with your lousy economic plan that has done nothing but make money for the Wall Street ultra-rich. The GDP in Q4 2014 was 2.6%. It would appear we are headed in the wrong direction. The report was the government’s second estimate of first-quarter GDP. It will publish a final estimate in June. Wow, it may actually get revised to an even worse number.
A tax cut or reduction of regulation is certainly not on the table for this socialist president. Of course Obama and his minions will point to the unemployment number of 5.4% for the uninformed in America. The reality is that unemployment is in double digits.
The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially thought.
The overall economy as measured by the gross domestic product contracted at an annual rate of 0.7 percent in the January-March period, the Commerce Department reported Friday.
The revised figure, weaker than the government’s initial estimate of a meager 0.2 percent growth rate, reflects a bigger trade gap and slower consumer spending. It marked the first decline since a 2.1 percent contraction in the first three months of 2014, a slump that was also blamed on winter weather.
3 STRIKES FOR BALTIMORE & MLB: First Time in the History of MJB … No Fans in the Stands as Chicago White Sox and Baltimore Orioles Play in Camden Yards in Baltimore
TREE FALLS IN THE WOODS MLB GAME IS PLAYED AND THERE IS NO ONE THERE TO WATCH IT, DOES IT MAKE A SOUND?
TODAY’S SCORE FROM CAMDEN YARDS: BALTIMORE 0 – RIOTERS 15.
STRIKE ONE … Thanks to the rioters, looters and those who cannot be trusted in Baltimore to protest calmly and without violence, the MLB game between the Chicago White Sox and the Baltimore Orioles will be played today, but there will be no fans in the stands. For the first time in the history of baseball, a game will be played with the public not allowed to be in the stadium to watch it. Way to go protesters you made history, you should be so incredibly proud of yourselves. The powers that be in baseball and the local authorities basically deemed that you could not be trusted to act accordingly.
NO FANS, just media
The game Wednesday will start at 2:05 p.m. ET.
“All of the decisions in Baltimore were driven first by the desire to insure the safety of fans, players, umpires and stadium workers,” MLB commissioner Rob Manfred wrote in an email to The Associated Press. “Only after we were comfortable that those concerns had been addressed did we consider competitive issues and the integrity of the schedule.”
An MLB spokesman told ESPN’s Outside The Lines that the league is not aware of any other time that a major league game has been played, by design, without spectators allowed in to watch.
In addition, MLB spokesman Matt Bourne said the league office would not comment as to how, if at all, it would compensate the Orioles for the lost attendance.
Great moments happen when you have great Leadership
STRIKE TWO: Major League Baseball and Barack Hussein Obama must have leaned nothing from GWB throwing out the first ball in Yankee Stadium following the terror attacks on 9-11. The decision to play today’s game at Camden Yards with no fans in the stands is BS. By doing so, you gave the violent looters and rioters their victory. If you could not protect the safety of fans in a ball park and their property, then maybe it would have been a better idea to postpones the game and play a double header at a later date in the season. Since you were willing to play a game with no fans, then you money grubbing SOB’s could have played a real double header, like in days or yore, to provide a gift to the Baltimore fans, rather than a day-night double header so you can double your profits. Hmm? Note to MLB, the optics look terrible of a game going on inside a locked stadium and fans on the outside looking in.
If you were not going to make a statement and have GWB throw out the first pitch and say, “WE ARE BALTIMORE” … then cancel the game. Obviously, Obama was too much of a ninny to show up in Baltimore as the first black president would have been booed by folks that could have been his son as he has done nothing to help blacks during his presidency. In reality, it has been liberal Democrat policies that are responsible for inner cities like Baltimore and the lack of hope as all they have to look forward to is a welfare check and a hand out.
STRIKE THREE: The City of Baltimore and liberal Democrat politics are the biggest losers and have struck out. Make no mistake about it, Baltimore, MD is not Ferguson, MO but yet the exact same thing occurred. The demographics of Baltimore is that it is 63% black and only about 31% white. The police make up in Baltimore is very diverse. However, the problem with Baltimore is the sad state of affairs of Democrat politics and the lack of hope that it provides to inner city minorities, who are in this case the majority. Baltimore County, much like the state of Maryland is a deep blue where is a Republican is ever elected it is by luck. But the problem and lack of opportunity, jobs and hope is a Democrat problem. It is the Democrat politicians that have left these folks behind where Barack Obama made comments as if he was not part of the problem. Keeping people dependent on the government generation after generation creates hopelessness and anger. It is only now that black America wants to take their wrath out on the police. But the Mayor and the police chief of Baltimore are black, so there goes that racial thing.
The problem, as he explained it, is that Americans only worry about poor neighborhoods when there’s a crisis, failing to engage with their concerns and difficulties over time.
“People have a tendency, once the fires have been put out, and the cars aren’t being tipped over, you know there’s not some immediate crisis, then folks wanna go back and focus on, you know, whatever reality TV thing is going on,” he said.
Obama complained about “dis-invested” communities where the primary economy was the drug trade, where young people were more likely to go to prison than college.
Who gave the stand down order to police that made them sitting ducks?
Just curious, after watching the mob burn down business, loot and act in such a disgraceful manner, who in the hell would ever want to invest here? Making matters worse, to get back on track with the theme of this post, the protesters managed to create an atmosphere of uncertainty where MLB had to take action for the safety of its players and fans. Not only is today’s baseball game between the Orioles and Chi-sox without fans, it is without employing people of Baltimore selling beer, food, concessions and other memorabilia. It is without restaurants and bars in the downtown Camden Yard area making money from a day game. Do you know how much money the city of Baltimore has lost because these games now have to be moved and this one was played in front of no one? Way to go rioters, you showed them.
Making matters worse for Baltimore and its people is the fact that the upcoming Oriole home-stand with the Rays is going to be played in Tampa Bay, Florida, not Baltimore. The hardworking folks who make a living from the playing of home baseball games are out of luck. Thanks rioters. Most importantly, a special thanks to the leftist mayor who obviously gave a stand down order to the police the day of the funeral of Freddie Gray. Oh yeah, remember him? Another blemish on Baltimore as the power structure, which is black, failed to put forth in a timely manner to diffuse the bomb before it blew. Baltimore exploded into riots and looked like Baltimore circa 1968, because of incompetence at the highest levels and an ideology to let protesters be protesters and let them get it out of their systems. What’s a couple, 2, 3, 20 businesses looted and burned. After all, in a PC society, we can’t make the rioters feel uncomfortable.
In the end it is Baltimore and its power structure that has much to explain. From how does Freddie Gray die in police custody, to the lack of preparation to prevent riots to the business owners you turned your backs on.The plight of the poor is on you and the fact that you refuse to create an atmosphere to help break the cycle. Instead you just want to throw more failed money after more failed money. How’s that war on Poverty going? Obviously it has failed miserably.
You have struck out.
WELCOME TO THE OBAMA ECONOMIC RECOVERY …
The U.S. economy ground nearly to a halt in the first three months of the year, according to government data released Wednesday morning, as exports plunged and severe winter weather helped keep consumers indoors.
The gross domestic product grew between January and March at an annualized rate of 0.2 percent, the U.S. Commerce Department said, adding to the picture of an economy braking sharply after accelerating for much of last year. The pace fell well shy of the 1 percent mark anticipated by analysts and marked the weakest quarter in a year.
The economy had expanded at a rate of 2.2 percent in the final three months of 2014 and at a rate of 2.4 percent for the year.
Forbes - U.S. GDP Gained A Sluggish 0.2% In First Quarter 2015, Its like Deja vu all over again.
If you were feeling a bit of déjà vu Wednesday morning look no further than the latest reading of U.S. economic growth for the cause. Like the initial estimate of first quarter 2014 GDP, the first reading says the economy grew in Q1 2015 — but very, very, very slowly.
On Wednesday, the Bureau of Economic Analysis released its advance estimate of real gross domestic product for the first quarter of this year— covering January, February and March. The release showed output in the U.S. increasing at a rate of 0.2%. This is a huge deceleration from the fourth quarter 2014 when real GDP gained 2.2%. Economists on average were anticipating growth of 1% in Q1.
Last year the GDP reading was ultimately revised to negative 2.1% then economic growth rebounded sharply in the second (4.6%) and third (5%) quarters.
CEO TELLS EMPLOYEES NEW MINIMUM WAGE WILL BE $70, 000 AND IT WASN’T APRIL FOOL’S DAY …
Gravity Payments CEO Dan Price announced to his employees that the new company minimum wage will be $70,000. The stunned employees of the Ballard, Washington based company were mostly likely stunned when they heard the CEO’s words, pinching themselves to make sure they were not dreaming and checking the calendar to make sure it was not April 1st. Good for him and for a CEO to make this decision on his own with no protests of employees demanding $15 an hour. Kudos to the privately owned company and kudos to CEO Dan Price for his brilliant marketing strategy. Although costly in the short run, this will greatly pay off in the long run. The Gravity raise will be phased in over the next few years; however, they will be getting the best and brightest future employees.
Obviously not every boss can do what CEO Dan Price announced and it better works for smaller companies with less employees. Dan Price made $1 M a year and took a pay cut to make it possible that his employees make $70K a year. WOW!!! I do not agree at all that the government should dictate to a business what the minimum wage should be. Those that you hear about in fast food restaurants protesting for $15/hr minimum wage can take a hike. Trying getting more order correct first or being able to make proper change from $15 before you think you deserve it. However, if a private business does it on their own because they think their employees are worth it … more power to them.
Employees at a Seattle company are still trying to wrap their minds around the news their boss just delivered. Some of them are getting a raise.
A huge one.
“You might be making $35,000 a year right now but everyone in here will definitely be making $70,000 a year and I’m super excited about that,” Dan Price, CEO of Gravity Payments in Ballard, told his employees during a recent gathering.
The announcement caught everyone off-guard. Could it be true? $70,000 is the new minimum wage in this office?
Watch the VIDEO below of CEO of Gravity Payments Dan Price explain his reasoning for this move. He is not a socialist and he tells Stuart Varney on Fox Business News that he thinks that he will get a great ROI in the long run. With the fact that this is a small business, I would tend to agree 100%. This is how small business takes on the giants, you pay for talent, hard work and initiative.
CEO cuts $1M salary to pay employees at least $70K
Donald Trump at the 2015 NRA-ILA Leadership Forum at Annual NRA Meetings in Nashville, TN … “Barack Obama Completely Incompetent”
Donald Trump at NRA-ILA Leadership Forum … I promise you one thing, if I run for president and I win, the Second Amendment will be totally protected.”
During Trump’s speech before the NRA, The Donald called Barack Obama completely incompetent and doesn’t know what he is doing and he said that we have negotiators dealing with the Iran nuclear deal that have no clue. Donald Trump said that the negotiators should read his book, ‘The Art of the Deal’. We have people who don’t know what they are doing. Trump said we need a new president, we need new leadership, we need strength, and we need people who are respected.
Donald Trump went on to say, “I don’t know if he [Obama] has the interest of the country, he probably does, but as I said, I think the whole group lead by the leader is grossly, grossly incompetent.” Trump also went on to talk about the US economy, illegal immigration and jobs being sent to Mexico.
I would actually have to disagree with Donald Trump, I don’t think Obama is incompetent at all, I think he is purposely trying to destroy America from within. One does not spit on your allies and shake hands with dictators and make deals with countries who want to see your annihilation, unless you mean to.
US Only Adds 126,000 Jobs in March 2015 … 245K Expected; Unemployment Rate Remains at 5.5% … Record Level of Americans Not in Labor Force
THE OTHER BARACK OBAMA LIE … THERE IS AN ECONOMIC RECOVERY IN THE US.
Economic recovery, what economic recovery? As reported at CNBC, economists expected nonfarm payrolls to rise 245,000 in March 2015 and the unemployment rate was to remain the same; however, the numbers came in much, much, much lower. In fact, only 126,000 jobs were created in March, the smallest gain since December 2013. OK, so how did only half the number of jobs come in as predicted and the unemployment rate did not go up, Hmm?
Do you really want to know who such fuzzy math can take place and a lying Obama and his minions can claim that 5.5% is a good thing when it is not? How about a record 93,175,000 Americans are not in the Labor Force!!!
The sputtering U.S. economy created just 126,000 jobs in March as bad weather, weak consumer spending and flailing corporate profits resulted in the worst report since December 2013.
Economists expected nonfarm payrolls to rise 245,000 in March, with the unemployment rate holding steady at 5.5 percent, according to Reuters. February’s numbers were revised lower to 264,000 from the initially reported 295,000, while January’s number fell from 239,000 to 201,000.
The total fell well short of the 269,000 average over the past year and was the first time in 14 months that the number dropped below 200,000.
However, the overall unemployment rate held steady at 5.5 percent, as a generational low in labor force participation helps keep the figure low. A separate gauge that includes those who have stopped looking for work as well those employed part-time for economic reasons—the underemployed—edged lower from 11 percent to 10.9 percent.
More Americans dropped out of the labor force last month, as the number of people not in the labor force hit another record high in March.
According to Friday’s Bureau of Labor Statics jobs data 93,175,000 Americans were not in the work force in March, an addition of 277,000 to February’s level of 92,898,000.
The BLS defines people not in the labor force as people ages 16 and older who are neither employed nor have they “made specific efforts to find employment sometime during the 4-week period ending with the reference week.”
The work force decline also corresponded with a drop in the labor force participation rate, wherein March’s rate of 62.7 percent matched earlier lows seen September and December 2014 but not seen before since in 1978. February’s participation rate was 62.8 percent.