Happy Anniversary Barack Obama … Two Years Ago Today Obama Celebrates Solyndra … “The true engine of economic growth will always be companies like Solyndra.” … Too Bad It’s Bankrupt

HAPPY ANNIVERSARY TO BARRACK OBAMA AND SOLYNDRA …

Today is the two year anniversary of President Barack Obama traveling to Freemont, CA and touting the green energy company Solyndra as a “brighter and more prosperous future”. One has to look no further as to why the US economy and job growth is in the crapper than to listen to Obama’s words of praise regarding Solyndra, ”The true engine of economic growth will always be companies like Solyndra.” Really? Obama’s shining example of “green” energy and the future did not take long to go bankrupt.

But on this day in 2010, with Solyndra already facing serious obstacles, President Obama was filled with optimism. “The true engine of economic growth will always be companies like Solyndra,” the president said.  “Less than a year ago, we were standing on what was an empty lot.  But through the Recovery Act, this company received a loan to expand its operations.  This new factory is the result of those loans.”

“We’ve placed a big emphasis on clean energy,” Obama continued.  “It’s the right thing to do for our environment, it’s the right thing to do for our national security, but it’s also the right thing to do for our economy…When it’s completed in a few months, Solyndra expects to hire a thousand workers to manufacture solar panels and sell them across America and around the world.”

Hey Barack, how is that Solyndra-greeny thing working out for you today? We have no jobs, but we got solar panel toxic waste.

It is rather comical and disingenuous that Obama and his minions attack Mitt Romney for his days at Bain Capital and failures of Bain when Obama has a laundry list of failed green energy companies on his record. Does Barack Obama really want to compare his failed “public equity” financing record versus Mitt Romney’s private equity record?

More Records for Obama & Obamanomics: Record Low for High School Student Jobs and Record High for Those Working Past Age 65

Hey America, Three plus years into the Obama Presidency, How’s that “Hopey-Changey” thing working out for ya? More records for Obama and jobs … 

Parents, are you finding it difficult for your high school kids to get summer jobs? You are not alone. Thanks to the Barack Obama job recovery we can add two more records to his list of accomplishments, the young workers are getting squeezed out of the market because positions are being filled by older workers. Making matters worse, the elderly cannot afford to retire. As reported at the Washington Times, according to the National Center for Education Statistics the high school job market has hit its lowest level in 20 years. The jobs once held by young high school kids are now being taken by those older than them who have been forced to take lesser positions thanks to the so-called Obama job recovery. A meager 16% of high school age kids are now employed as opposed to 32% in 1990.

The American job market is no place for students as the number of employed high schoolers has hit its lowest level in more than 20 years, according to new figures from the National Center for Education Statistics.

In 1990, 32 percent of high school students held jobs, versus just 16 percent now. Blame their elders.

Sectors that traditionally have offered teens their first paying gig — fast-food chains, movie theaters, malls and big-box retailers — have now become the last resorts for out-of-work college graduates or older Americans forced back into the labor force out of sheer financial necessity. The resulting squeeze has left students on the outside looking in.

Read more

Another Obama Record … Under Barack Obama, 30 Worst Months of Employment in the Past 25 Years

OBAMANOMICS: WOW, yet another record for President Barack Obama to be proud of …

From The Weekly Standard comes Barack Obama’s dismal record on employment and job recover … Obama has 30 of the worst employment months in the past 25 years. Ever wonder why Obama wants to distract from his terrible record over the past 4 years? Look no further than the fact that the 30, or 32, including ties, worst months for employment in the past 25 years have all come after the most recent recession ended, in June 2009 in the time during the Obama “recovery.”

The federal government’s Bureau of Labor Statistics publishes monthly tallies for the employment-population ratio.  That stat shows something rather straightforward:  Among those who are living in America and are free to pursue employment, what percentage are employed?  (The bureau excludes those who are under 16 years old, are active-duty military, or are — in the bureau’s own words — “inmates of institutions (for example, penal and mental facilities, homes for the aged),” from its tallies.)

Over the past quarter of a century (a total of 300 months), dating back to May 1987 and the Reagan administration, here are the 30 worst months (that is, the bottom 10 percent) for the employment-population ratio, along with the president who happened to be in office at that particular time (scroll down to the see the list):

A record number of Americans are no longer in the workforce under Obama, another record to be proud of.

Really America … do you honestly think that Obama deserves reelection? He cannot blame this one on Bush, these disastrous employment months came during the Obama job recovery period.

VP Joe Biden Blames Bush For West Virginia Voters Choosing Federal Prisoner Inmate No. 11593-051 Keith Judd Over Barack Obama

Barack Obama, Lost in Smallness yet again. This sad administration just cannot stop blaming George W. Bush, what a pathetic example of responsibility and leadership.

Never at a loss for ignorant and foolish comments, VP Joe Biden actually had the audacity to blame GWB for the reason why West Virginia voters chose by over 40% federal inmate # 11593-051 Keith Judd Over Barack Obama in the WV primaries.

From The Politico, Biden does not blame the people. Actually Joe, the people are not to blame, you and Obama are. Who promised Americans “Hope & Change”, who promised them with a $787 billion stimulus and under 8% unemployment rate? Who promised the American people transparency? Who promised jobs but instead gave America the government take over of healthcare? Who promised to cut the budget but instead made government spending completely out of control?

“Look, I come from a household where whenever there’s a recession, somebody around my grandpop or my dad’s table lost a job.

“A brother, a sister a friend, a neighbor. When you’re out of work, man, it’s a depression. And a lot of people are still hurting because of this god-awful recession we inherited that cost 8.4 million jobs before we could really get going. And so I don’t blame people, they’re frustrated, they’re angry.”

He added, “At the end of the day, they’re going to decide is the way back to their employment, is the way back to them being able to have a job and raise a family, is it under the value-set and the ideas of Romney, or is it under ours. And we feel confident that we’ll do just fine.”

In the end it will most likely be this lack of leadership that sways Independents away from a 2012 Obama/Biden ticket. After all, how lame is it to continuously blame others 4 years later? If one does not have what it takes in 4 years to turn around the economy and make good on the promises they made to get elected, they do not deserve reelection.

Obama and Biden are so quick to talk about what they inherited, how come they never praise Bush for inheriting all the intel that made it possible to track down Bin Laden? Just saying.

Mitt Romney Releases First Official Ad, What Would A Romney Presidency Look Like …“Day One”

ON DAY ONE …

Mitt Romney has released his first Presidential campaign video ad that very much separates himself from Barack Obama.  In the campaign ad there is no class warfare, no blame Bush, no continued, failed Obama policies … On Day One Romney states he would approve the XL-Keystone pipeline creating 1000′s of jobs that Obama has blocked, introduce pro-growth tax reforms that would reward job creators not punish them, and repeal Obamacare and replace it with common sense health care reform.

Sounds like a much better plan of action than we are presently on. Barack Obama will never be able to defend his last four years, Romney offers a welcome and much necessary change.

230,000 Unemployed Americans Losing Jobless Benefits Over Weekend as Obama Golfs & Fund Raises as First Gay President

Question: Who is out of touch? Answer: President Barack Obama.

230,000 unemployed workers lost their jobless benefits over the weekend in 27 states as President Barack Obama played golf with VP Joe Biden. Is it any reason why Obama and his reelection minions are playing the politics of distraction with contrived news stories like the false GOP war on woman and Obama, the first gay president?

More than 230,000 unemployed workers will lose their jobless benefits this weekend as portions of federal programs expire across several states.

All told, 409,300 long-term unemployed Americans in 27 states will have lost upward of 20 weeks of federal unemployment benefits by this past Saturday, even as the many state jobless rates remain high, according to a new analysis by the National Employment Law Project (NELP).

The latest batch of cuts affects 236,300 unemployed people in eight states — California (11%), Texas (7%) Pennsylvania (7.5%), Florida (9%), Illinois (8.8%) North Carolina (9.7%) Colorado (7.8%) and Connecticut (7.7%) — half of which have jobless rates above the 8.1 percent national average posted in April.

However, these grim jobs numbers do not stop Obama from his golfing and fund raising. Honestly America, we cannot afford to have Obama reelected in 2012.

Once Again Barack Obama is Back on the Golf Course with Biden, Guess this is One of those times Obama “Forgets About the Magnitude of Recession”

SACRIFICE ON THE GOLF COURSE …

Once again President Barack Obama finds himself back on the golf course, this time with VP Biden in tow. I guess that this must be one of those times that Obama forgets the magnitude of the recession. Barack Obama seems to do this quite often with his never ending golf outings and vacations.

President Obama invited Vice President Joe Biden to join him for a round of golf on Saturday at Joint Base Andrews.

The game follows a tumultuous week for the president and vice president. Biden apologized to the president in the Oval Office on Wednesday after remarks he made last Sunday on gay marriage forced Obama to declare his public support for gay marriage on Wednesday, a move he and his aides had not planned to make so soon.

Seriously America, exactly how does the President of the United States say that he sometimes forgets the magnitude of the recession with the US has had a continued unemployment rate over 8%, an employment participation rate down to a 30 year record low of 63.8%, record number of people on food stamps and 1 in 3 US workers underemployed.

Yet Barack Obama finds time to waste 4 1/2 hours on a golf course as Americans suffer. Who is out of touch?

Misleader: Obama Ad Claims to Have Helped Brian Slagle Get a Job, but Man Claims on Facebook Employment Since 2006

Barack Obama, the Misleader in Chief … What Obama fabricate and mislead the people regarding jobs, say it isn’t so. Obama claim he did something when nothing of the sort ever happened, shocker!

From The Weekly Standard comes the following story of Barack Obama claiming in a political ad to have helped Brian Slagle, an out of work Ohio autoworker, get a job. Just one problem, in fact, Slagle has been employed with Johnson Controls since February 2006, according to his own Facebook page.

Matt Negrin of ABC reports that “A new ad by Obama tells the story of Brian Slagle, an autoworker in Ohio who says he was laid off and ‘scared to death’ until the president swooped in to save the industry.”

In the spot, Slagle says, “Obama stuck his neck out for us, the auto industry. … He wasn’t going to let it just die, and I’m driving in this morning because of that, because of him.” The ad is meant to praise Obama’s auto bailout for saving jobs.

So what is the truth, was this individual employed or not? Red flag alter! As reported at The Right Sphere, Slagle scrubbed his Facebook. Never a good sign, but no matter, there are already screen shots taken of the original page.

CNBC’s Rick Santelli on the Obama Job Recovery (Obamanomics) … Blasts Liberal Media’s “Ostrich Economics”

MORE MSM BIAS … CARRYING THE WATER FOR BARACK OBAMA …

CNBC’s Rick Santelli provides a lesson in telling the truth to the liberal main stream media regarding the disastrous Barack Obama jobs numbers. Santelli blasted the MSM for purposely and willfully misleading the American public by just saying that the unemployment rate was reduced to 8.1%. Santelli dubbed it “Ostrich Economics”. Honestly, it is criminal what the liberal MSM is doing and shilling for Barack Obama and his failed Obamanomics.  The media complacency and yes, conspiracy, of continuing to carry the water for Obama is an outrage. Does anyone think that the MSM would be so quiet and not investigating the details of the numbers if this terrible job recovery was taking place under George W. Bush or any other Republican President?

There are some highlights I’d really like to hit. The first one is that about 41.3% of unemployed have been unemployed for 39.1 weeks. That is huge and pretty much says it all. This is the weakest recovery since the Great Depression. A whole 4/5ths of the drop of the unemployment rate is due to a drop in the labor force participation. It is the lowest since 1981.

Many of regional news shows were reporting on just the unemployment rate. That’s “ostrich economics.”

The MSM will lie, cheat and steal so to see Barack Obama win reelection in 2012. Look for the unemployment rate to go below 8% leading up to the 2012 reelection and the MSM touting it as a success for Obama, when the reality is that there are a record number of Americans no longer in the work force.

Sorry, but the real unemployment rate as reported at Zero Hedge in the United States is 11.6%. Anyone think that Barack Obama and his shills in the MSM would ever report that?

The implication is simple: using a real labor force participation rate long-term average of 65.8%, the real unemployment rate in April was 11.6%, based on the 5.4 million additional workers that should be counted as part of the U-3 which then means that the real number of unemployed is not 12.5 million but 17.9 million, which in turn implies a 11.6% unemployment rate in the US. This also means that the spread between the propaganda, and the real number is now 3.5%: the most it has been since the early 1980s.

Obama Economy Unemployment Lie … 115,000 Jobs Added in April 2012 … Unemployment Rate Down to 8.1%

Unemployment rate drops to 8.1% … WHAT A LIE AND POLITICAL BUNCH OF BS THIS IS.

A meager 115,000 jobs were added by the Obama economic recovery, missing the expected 170,000 jobs that the experts had foretasted. What a joke the unemployment rate has become. This is nothing more than a fabricated Obama economic aid for reelection. Look for the rate to go below 8% in the coming months even if we lose jobs in a month rather than add them. The fix is in to fabricate the numbers as a positive for Obama even though millions of Americans are out of work and either unemployed or underemployed. Obviously more people are dropping out of the job market, that is why the rate is going down not anything that Barack Obama is doing for job growth.

THE EMPLOYMENT SITUATION — APRIL 2012

Nonfarm payroll employment rose by 115,000 in April, and the unemployment
rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics
reported today. Employment increased in professional and business services,
retail trade, and health care, but declined in transportation and warehousing.

Household Survey Data

Both the number of unemployed persons (12.5 million) and the unemployment
rate (8.1 percent) changed little in April. (See table A-1.)

THE TRUTH ,,, 522,000 DROPPED OUT OF THE WORK FORCE ALONE IN APRIL 2012. THE LOWEST PARTICIPATION RATE IN 30 YEARS!!!

From Bloomberg:

A slowdown in hiring as corporate optimism cools may restrain the wage growth needed to fuel consumer spending, which accounts for about 70 percent of the economy. Federal Reserve policy makers view unemployment as “elevated” and plan to hold borrowing costs low through late 2014.

The unemployment rate was forecast to hold at 8.2 percent, according to the survey median. Estimates in the Bloomberg survey ranged from 8.1 percent to 8.3 percent. Unemployment has exceeded 8 percent since February 2009, the longest such stretch since monthly records began in 1948.

The participation rate, which indicates the share of working-age people in the labor force, fell to 63.6 percent, the lowest since December 1981, from 63.8 percent.

God forbid Americans are ever told the truth anymore.