This'n'That October 31st[Lion;GDP;

The Lion "Clown Prince!!"

[The lyin' "Clown Prince" says that 650,000 jobs were created or saved by the porklus spending. ALL "fluffy math" by someone who relies on "FLUFFY TRUTH!!!]

The stimulus has created 30,000 jobs... or so we thought. According to a new AP report, it looks like even that number is inflated. The AP says that in many cases jobs were counted as many as four times. A Colorado company claimed that thanks to the stimulus it had created over 4,000 jobs. The real number: less than one thousand. And a Florida child care center reported that it saved 129 jobs when in reality it just gave pay raises to its existing employees. The White House did not take kindly to this report. It fired back just 10 minutes after the article appeared, saying that the AP, "looked only at the earlier data posted, representing just 2 percent of Recovery Act spending. The data errors cited by AP... are not significant to the total job count... that will be posted on Friday."

GDP Definition:

[Gross Domestic Product [GDP]: The total value of private consumption [consumer spending] + Total of government spending + total of business spending on capital.]

Fueled by government stimulus, the economy grew last quarter for the first time in more than a year. Federal support for spending on cars and homes drove the economy up 3.5 percent from July through September. But the government aid [read: Porkulus spending] is only temporary. Consumer spending, which normally drives recoveries, is likely to weaken without it. If shoppers retrench in the face of rising joblessness and tight credit, the fragile recovery could tip back into recession. For the Obama administration, the positive report on economic growth is a delicate one: It wants to take credit for ending the recession. On the other hand, it needs to acknowledge that rising joblessness continues to cause pain throughout the country. Millions of Americans have yet to benefit from the recovery in the form of job creation or an easier time getting a loan. Even those with jobs are reluctant to spend. The values of their homes and 401(k)s remain shrunken. The Lion "Clown Prince" called the report “welcome news” in remarks prepared for a small-business group but failed to acknowledge that the latest stastics are probably the most misleading since he and his czarist regime took office. “The benchmark I use to measure the strength of our economy is not just whether our GDP is growing, but whether we're able to convince the public that we're creating jobs, whether families are having an easier time paying their bills, whether our businesses are hiring and doing well,” Fluffy said. The rebound reported Thursday by the Commerce Department allegedly ended the record streak of four straight quarters of contracting economic activity. The recovery can't possibly continue after government supports are gone--the government portion of this GDP report is skewing the result to the positive.The National Association for Business Economics thinks growth will slow to a 2.4 percent pace in the current October-December quarter. It expects a 2.5 percent growth rate in the first three months of next year, although other economists believe the pace will be closer to 1 percent. Christina Romer, Obama’s chief economist, should acknowledge that the government’s stimulus spending is thusfar, the greatest hoax of the fledgling 21st century!! Armed with cash from government support programs, consumers led the rebound in the third quarter, snapping up cars and homes, thus confirming the skew effect of government meddling in the private sector. Federal government spending rose at a rate of 7.9 percent in the third quarter, on top of a 11.4 percent growth rate in the second quarter. Businesses boosted spending on equipment and software at a 1.1 percent pace, the first increase in nearly two years. The disparity in the statistics further proves the false signal of the GDP increase!! “Even if we’ve turned the corner, we know it’s a long way before we’re completely recovered,” Christina Romer, chair of the White House Council of Economic Advisers, said in an interview with The Associated Press. “You can’t have an unemployment rate of 9.8 percent and not be deeply troubled.” The last thing Fluffy wants anyone to know is the latest "U-6" total unemployment rate: 16.8%, up from the 1982 high of 14.3%!! With joblessness growing and wages dipping in the third quarter, consumers are expected to turn more restrained in the months ahead. To foster the recovery, the Federal Reserve is expected to keep a key bank lending rate at record low near zero when it meets next week.

The Lyin' Sunsa'Bitches!!

[I tol'ja..DO NOT believe the Lion "Clown Prince" or the "congressional moron caucus!!!"...and they expect us to believe their bullshit about no cost increases, no tax increases, on-and-on-and-on.... Passages of this fascist scheme are just what Sarah Palin warned us about!! HERE IT IS:]

• Porklosi Plan, Page 94: "Prohibits the sale of private individual health insurance policies, beginning in 2013, forcing individuals to purchase coverage through the federal government." In 2013, after the 2012 presidential election. In 2013, there is no private insurance allowed. The sale of it will be prohibited.
• Porklosi Plan, Page 110: "Requires the use of federal dollars to fund abortions through the government-run health plan -- and, if the Hyde Amendment were ever not renewed, would require the plan to fund elective abortions.
• Section 223, Page 111: "Establishes a new board of federal bureaucrats (the 'Health Benefits Advisory Committee') to dictate the health plans that all individuals must purchase -- and would likely require all Americans to subsidize and purchase plans that cover any abortion." The death panels are back!!
• Section 321, Page 211: "Establishes a new government-run health plan that, according to non-partisan actuaries at the Lewin Group, would cause as many as 114 million Americans to lose their existing coverage."
• Section 330, Page 225: "Permits -- but does not require -- Members of Congress to enroll in government-run health care." So they'll be able to opt out of it and maintain their Cadillac plans.
• Section 345, Page 255: "Includes language requiring verification of income for individuals wishing to receive federal health care subsidies under the bill -- while the bill includes a requirement for applicants to verify their citizenship, it does not include a similar requirement to verify applicants' identity, thus encouraging identity fraud for undocumented immigrants and others wishing to receive taxpayer-subsidized health benefits."
• Section 501, Page 297: "Imposes a 2.5 percent tax on all individuals who do not purchase 'bureaucrat-approved' health insurance -- the tax would apply on individuals with incomes under $250,000, thus breaking a central promise of then-Senator Obama’s presidential campaign."
• Section 512, Page 313: "Imposes an 8 percent 'tax on jobs' for firms that cannot afford to purchase 'bureaucrat-approved' health coverage; according to an analysis by Harvard Professor Kate Baicker, such a tax would place millions 'at substantial risk of unemployment' -- with minority workers losing their jobs at twice the rate of their white counterparts."
• Section 551, Page 336: "Imposes additional job-killing taxes, in the form of a half-trillion dollar 'surcharge,' more than half of which will hit small businesses; according to a model developed by President Obama’s senior economic advisor, such taxes could cost up to 5.5 million jobs." This is $500,000 for single filers, million dollars, the income surcharge on those earners. A lot of these people are small business owners.
• Section 1161, Page 520: "Cuts more than $150 billion from Medicare Advantage plans."
• Section 1401, Page 733: "Establishes a new Center for Comparative Effectiveness Research; the bill includes no provisions preventing the government-run health plan from using such research to deny access to life-saving treatments on cost grounds, similar to Britain’s National Health Service, which denies patient treatments costing more than $35,000."
• Section 1802(b), Page 1174: "Includes provisions entitled 'TAXES ON CERTAIN INSURANCE POLICIES' to fund comparative effectiveness research [This breaks Porklosi’s promise that 'We will not be taxing {health} benefits in any bill that passes the House].'"

This is just a cursory look at a nearly 2,000 page bill!!! They could'da done it iwith one page: If you're here-buy our insurance!!

Til Nex'Time....