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.

Green Energy, Solar Hazardous Waste??? Solyndra Maybe Bankrupt & Gone … No Jobs, No Stimulus Money … But We Got Toxic Waste

More from Obama’s “green” energy failure …

Solyndra may be bankrupt, so-called green jobs gone, the buildings for sale and $535 million of tax payer stimulus dollars evaporated into thin air, but according to CBS5 in San Fransisco … we have toxic waste. Hmm, the “Greenies” never mentioned the leftover hazardous materials dangerous to the environment bi-products of green energy.

Three months ago, CBS 5 caught Solyndra tossing millions of dollars worth of brand new glass tubes used to make solar panels. Now the bankrupt solar firm, once touted as a symbol of green technology, may be trying to abandon toxic waste.

It’s a tedious process. Slowly but surely, the shattered remains of brand new solar panel tubes head to a recycling plant in Hayward.

Meanwhile the next phase of the company’s liquidation is under way. It involves getting rid of all the heavy metals left inside the building that were used to make the panels.

Click on banner to watch CBS5 in San Fransisco VIDEO

Doug Powers at Michelle Malkin.com brings up a rather interesting dichotomy when it comes to so-called “green” energy.

As you read this keep in mind that the whole pitch for projects like Solyndra revolves around “clean” energy and saving the environment — which is harder to take seriously every time the term “solar waste” is used to describe the potentially dangerous aftermath.

Another Obama Green Energy Company Bites the Dust … Solar Trust Files Bankruptcy … Tax Payers Out Billions

Another one of Barack Obama’s “green” energy companies bites the dust . Solar Trust of America files bankruptcy. But don’t worry, its not like this was a Solydra, it was worse. The U.S. Department of Energy had awarded a $2.1 billion loan guarantee to Solar Trust of America for a solar thermal power plant near Blythe, CA. That is correct tax payers … $2.1 billion!!!

2.1 Billion Dollars BA-HA-HA-HA

Quickly running out of money, solar-project developer Solar Trust of America LLC filed for bankruptcy before it could finish a multibillion-dollar solar plant in California that was planned to generate electricity as one of the world’s largest solar-power projects.

The company filed for Chapter 11 bankruptcy protection in Delaware on Monday after majority owner Solar Millennium AG—now under the control of a German bankruptcy professional—stopped putting money into the company.

Who knew that we would look back upon the bankruptcy of Solyndra as a drop in the tax payers wasted money bucket?  Just how many “green” jobs have been lost under Obama?

The Lonely Conservative opines that Barack Obama is making the political rounds on the campaign trail saying the Republicans want to cut his investments in green companies. And Obama thinks that doubling down and defending “green” companies that have lost the American tax payers billions of dollars is a winning argument? Really? No wonder he has switched to now making not so vale threats to the SCOTUS.

Think this is not a hot button issue for the 2012 election that is simmering beneath the surface? “We the People” are getting sick and tired of Obama picking “winners and losers”, mainly losers with our money.

Hmm … sorry, delayed post, got hung up in scheduler.

Young Voters Back Barack Obama Over Romney … but Many Aren’t Poised to Vote … Hope & Change = No Jobs

As reported at Gallup, President Barack Obama may have a substantial lead with young voters over presumptive GOP Presidential candidate Mitt Romney; however, will the young people actually come out and vote on election day?  Only about 56% of the youth vote said they would vote in the general election. Barack Obama faces a real challenge in his 2012 reelection bid. That problem … his first disastrous, epic fail Presidential term in office.

President Obama this week made an explicit effort to shore up his support among young voters, embarking on a “college tour” of campuses in North Carolina, Colorado, and Iowa. Obama called on Congress to pass legislation that would keep the interest rates on student loans from doubling this summer, as they are scheduled to do under current law. Romney, in a rare instance of agreement with Obama, also came out in support of Congress’ taking this action, marking his own effort to gain support among the youth vote.

The practical value of Obama’s broad support among young voters is lessened by the fact that only six in 10 of these voters say they are registered to vote, and that fewer than six in 10 who are registered say they will definitely vote in November’s election. By way of contrast, Romney’s relatively strong support among voters 65 and older is more politically potent; these older voters are well above average in their voter registration percentage, and are most likely of any age group to say they will definitely vote in November’s election.

In 2008, 18% of the voting electorate was the youth vote. Of course Obama won the vote handily over McCain in 2008. However, those youth who voted in 2008 for Obama have little to show for their “Hope & Change” vote. Obama has recently gone out on his pandering college tour discussing student loans, but those in the audience will hardly be affected by any laws passed now. What has affected the American youth is … one in two new College Graduates are Unemployed or Underemployed. That is what will be in the minds of the “youth” vote when in comes election day.

Obamanomics EPIC FAIL … GDP 2.2% for 1st Qtr

President Barack Obama and Obamanomics … EPIC FAIL … GDP 2.2%.

U.S. economic growth cooled in the first quarter as businesses cut back on investment and restocked shelves at a moderate pace, but stronger demand for automobiles softened the blow.

Gross domestic product  expanded at a 2.2 percent annual rate, the Commerce Department said on Friday in its advance estimate, moderating from the fourth quarter’s 3 percent rate.

While that was below economists’ expectations for a 2.5 percent pace, a surge in consumer spending took some of the sting from the report. However, growth was still stronger than analysts’ predictions early in the quarter for an expansion below 1.5 percent.

How Bad is the Obama US Economy … Even Illegal Mexican Workers are Heading South Back to Mexico

Talk about a total failure of Obamanomics … Obama solves the US illegal immigration problem … TANK THE US ECONOMY!

Just how bad is the United States economy under the polices of “Hope & Change” under President Barack Obama …even illegal aliens are headed back across the Rio Grande back to Mexico as they cannot find a job. Barack Obama and his minions might have finally found one positive of the Obama first term … they have tanked the economy so bad that even illegals think Mexico is a better option.

Well, that’s one way to stem the tide of illegal aliens streaming across the border from Mexico.

Jack up unemployment rates to near double digits, dunk America into a double-dip recession and put us so deeply into hock with the Chinese communists that it will take generations for us to recover.

After long enough, living and working and trying to eke out bare survival in America becomes even worse than trying to get by in Mexico.

This is truly amazing if you think about it. Mexicans risked life and limb to illegally enter the US to work and have a better way of life. As wrong as it is, as they are breaking the law, it is quite an accomplishment that one would be so desperate to come to the United States. However, not under the Presidency and the woeful Obama economy.

A new study from the highly esteemed Pew Hispanic Center says the millions of Mexicans who risked their lives crossing the desert to get here to the promised land for a better life have given up on the U.S.

Mitt Romney Has Big Clean Sweep in Tonight’s GOP Primaries … Wins CT, DE, NY, PA & RI … Former Mass. Governor Says “A Better America Begins Tonight”

Mitt Romney wins big, no huge, tonight in the GOP Primaries in Connecticut, Delaware, New York, Pennsylvania and Rhode island. In the end, it was not even close. Romney thanks those in the five primary states he won this evening. The GOP primary is officially over. The Mittster gave a victory speech tonight that was full of optimism, a welcome change from the negative and divisive class warfare from Barack Obama.

“I see an America with a growing middle class, with rising standards of living,” Romney will say. “I see children even more successful than their parents — some successful even beyond their wildest dreams — and others congratulating them for their achievement, not attacking them for it.”

RHODE ISLAND: With 99% of the vote counted, Romney 63%, Paul  24%, Gingrich 6%.

PENNSYLVANIA: With 66% of the votes counted, Romney 56%, Paul 13%, Gingrich 11%. Some thought that a narrow Romney victory in PA would be embarrassing to Mitt seeing that Santorum had previously dropped out of the race. The pundits got that one wrong too.

NEW YORK: With 7% of the vote counted NY has been called for Romney … Romney 56%, Paul 16%, Gingrich 16%.

CONNECTICUT: With 65% of the votes counted, Romney 67%, Paul 14%, Gingrich 10%.

DELAWARE: With 98% of the vote counted, Romney wins huge in DE, a states that some so-called pundits actually thought Gingrich might win. Romney 57%, Gingrich 27%, Paul 10%.

UPDATE I: Mitt Romney nailed his speech tonight. Romney connected with so many Americans, whether they be Republicans, Democrats or Independents when he said … “Americans are tired of being tired.” BINGO!!!

Romney used the line of the late, great Ronald Reagan, “Are you better off than you were four years ago?” – Romney sought to appeal to average Americans. Mitt Romney just wowed them with his speech in Manchester, NH after his impressive 5 state primary victory. For the first time since the outset of the GOP Primaries, Romney truly sounded Presidential, went after Obama’s failed agenda and offered a positive vision for the future.

UPDATE II: Mitt Romney’s Speech: “A Better America Begins Tonight”

Americans have always been eternal optimists. But over the last three and a half years, we have seen hopes and dreams diminished by false promises and weak leadership. Everywhere I go, Americans are tired of being tired, and many of those who are fortunate enough to have a job are working harder for less.

For every single mom who feels heartbroken when she has to explain to her kids that she needs to take a second job … for grandparents who can’t afford the gas to visit their grandchildren … for the mom and dad who never thought they’d be on food stamps … for the small business owner desperately cutting back just to keep the doors open one more month – to all of the thousands of good and decent Americans I’ve met who want nothing more than a better chance, a fighting chance, to all of you, I have a simple message: Hold on a little longer. A better America begins tonight.

Tonight is the start of a new campaign to unite every American who knows in their heart that we can do better! The last few years have been the best that Barack Obama can do, but it’s not the best America can do!

Democrat Actor & Former SNL Comedian Jon Lovitz Rips Barack Obama a New One in an Anti-Obama Rant … ‘What a F*cking A**hole’

WOW … and this following rant is coming from a Democrat and an individual who voted for Barack Obama in 2008.

Jon Lovitz, Democrat actor and former SNL comedian just went off on President Barack Obama and his agenda for the rich to pay higher taxes during a recent podcast.Talk about your free speech, Lovitz went on to call Obama a “f—ing asshole.”

This whole thing with Obama saying the rich don’t pay their taxes is f—ing bullshit, and I voted  for the guy and I’m a Democrat. What a f—ing asshole.”

Please be advised of the adult content of the language in the VIDEO, but this is just downright hysterical. Between Lovitz and the critic in the VIDEO, it is just priceless. I am certain the former SNL alum could not even attempt to say anything remotely like this on SNL these days.

Warning: Extreme warning on language from VIDEO below

Hat Tip: Breitbart TV

More on the rant …

“This whole thing with Obama saying the rich don’t pay their taxes is f—ing bullshit, and I voted for the guy and I’m a Democrat. What a f—ing asshole,” Lovitz told Smith.

“First they say … ‘You can do anything you want. Go for it.’ So then you go for it, and then you make it, and everyone’s like, ‘F— you,’ ” Lovitz said. “[Obama] is the perfect example. He’s amazing. He had nothing … and the guy ends up being at Harvard. He’s the president of the United States. And now he’s like,  ‘F— me and everybody who made it like me.’ ”

However, it looks like Lovitz and Kevin Smith are very aware of Obama’s anti-free speech goon squad as they say during the rant, “They’re gonna come in and shut this place down, man [...] You won’t leave Obama alone.’

Later, as Lovitz’s anti-Obama diatribe kicked into high gear, Smith said: “They’re gonna come in and shut this place down, man. They’re gonna be like: ‘We heard the fourth f—ing episode. You won’t leave Obama alone.’ This is an election year, man … they’re gonna come in and make an example of you, man,” Smith said. “The government can do that. They can take your shit away.”

Note to SNL, who says that it is not funny to make fun of Barack Obama? You just don’t really do so because you are in the tank for him.

Barack Obama … Carolina in His Mind … Many Things Have Changed in North Carolina Since 2008

President Barack Obama and his reelect minions have “Carolina in their minds” and it is not a good thing. That’s North Carolina on his mind as Obama could never win in South Carolina. The Obama campaign has been looking for a 2012 campaign slogan to replace, “Yes we Can”, because they obviously can’t and “Hope & Change” as all Americans hope for these days is some change left in their pockets. As seen in what is transpiring in states like Virginia, Florida and North Carolina, their slogan should be, “This Ain’t 2008 Anymore”. In 2008 Obama beat McCain in the Tar Heel state; however, he would be hard pressed to do that again and pick up those electoral votes.

North Carolina represented the high water mark for the great Obama wave in 2008 — but he’s swimming against the tide there in 2012.

No state better illustrates the challenge Obama faces in trying to consolidate the historic gains of his 2008 campaign at a time when hope, change and optimism have been supplanted by anger, skepticism and disillusionment.

It’s not merely that fewer than 45 percent of state voters approve of the job performance of the president who’s set to land there Tuesday, or that the state’s unemployment rate is pushing double digits. Or that both houses of the state legislature flipped from blue to red in 2010.

We have stated for quite some time that it is a near impossibility for Barack Obama to catch lightening in a bottle as he did in 2008. That was then, this is now. What is Obama’s greatest issue to rally the troops … um, maybe his record as President for the past 3+ years, over 8% continued unemployment, out of control spending, record number of Americans on food stamps, record number of Americans on federal disability, escalating gas prices and Obama himself … the $5 trillion man. Oh yea, and Obamacare.

Honestly, as James Taylor sings … the only way Obama will win Carolina is “in his mind”.