This'n'That; December 8th[EconMyths;NewCar;HOAX]

Do You Believe "Clown Prince" On The Economy?? [For me, believing Fluffy obama--ON ANYTHING--is ultra-difficult at best!! He and his minions are consistently in error in their judgements and prognostications!! Anything they do concerning statistics is later revised toward the negative.....after the buzz has worn off, when few "serfs" will notice.]

When reading economic statistics, you'll see if they are consistent (they rarely are) and make sense based on real world observations (lately they don't). On Thursday, December 3rd the U.S. productivity numbers were released, as were same store sales and weekly unemployment claims.

• The stories these three pieces of data are telling are quite different, which means at least one and possibly two of them are not correct.
• Productivity in the U.S. is supposedly up astronomically. It rose by 8.1% last quarter and this is after being revised down from being up 9.5%!
• The recent downward revision of third quarter GDP from 3.5% to 2.8% meant the productivity numbers would be lower as well. Productivity is essentially the amount of GDP produced per worker. Since employment is falling in the U.S. and GDP is supposedly rising (the two moving in opposite directions is illogical) productivity has to go up.

According to the government, it is going up a huge amount. Is there any major new technological advance or innovation accounting for this? None, that anyone knows about.

• Economists claim that productivity has gotten better because the least productive workers have been fired. While this might give the numbers a percentage or so boost, it wouldn't give them an 8% boost.
• The alternative explanation is that GDP is being grossly overstated by the U.S. government. There is substantial documentation that this has indeed been the case for the last three decades.
• Same store sales is not a government report and the November numbers clearly show an economy in trouble. Sales were down 0.3% year over year.
• While this may not seem so bad initially, it is when you consider sales were down 7.7% last November, which was the height of the Credit Crisis meltdown.
• They are even lower now.

Analysts (who are almost always wrong) originally forecast a 5% to 8% increase for this November. Consumer spending accounts for 72% of U.S. economic activity and is still obviously in bad shape.

• Yet, the government tells us that GDP is growing nicely. There seems to be a contradiction there.
• If you read the mainstream media coverage of the weekly jobless claims you would have seen that the U.S. employment situation is getting better because there were only 457,000 new claims during the week of Thanksgiving.
• Of course, you might consider that few employers would lay off workers right before a major holiday and that state unemployment offices were closed because of the holiday, so this would obviously lower claims. The BLS (Bureau of Labor Statistics) states that they make some 'adjustments' for this though. Claims at even the 400,000 level indicate significant recession and they need to drop to the 300,000 level to indicate a healthy economy (you will see much higher numbers cited in most mainstream media reporting).
• Continuing claims are still rising and have hit 5.5 million.
• This number doesn't include an additional 4.5 million on extended umemployment benefits.

A large percentage of the American work force is not eligible to collect unemployment as is, so the numbers are even worse than they appear.

• While there are those who claim that unemployment is a lagging indicator, statistics from the past don't support this notion.
• The real lagging indicator seems to be the truth about what is really going on in the economy.

Buying A New Car??

Here's five things the dealer will try to suck you into buying; most have little value to the consumer:

1. Extended Warranties Extra piece of mind? Buying an extended warranty is more like duplication of expense. Most current new vehicles' warranty will out-live your ownership!! Remember: Always say no. More from U.S. News & World Report » Best Car Deals for December » How to Test Drive a Car 2. Fabric and Paint Protection Stain protection for your seats and floors can cost hundreds of dollars at the dealership. Scotchgard Auto Interior Fabric Protector is available at Wal-Mart or Target (around $10 for a 10-ounce can), and it accomplishes virtually the same thing as what the dealer provides. Another typical dealer extra, Paint Protection, won’t accomplish much more than a good coat of wax will. Again, you can apply this yourself by picking up polymer sealant car wax at the auto parts store. Remember that your car already comes with a good coat of sealant from the factory, so you only need to apply wax about once a year. 3. Rustproofing Unless you plan on keeping your car for decades, you won’t need any extra rustproofing. Modern vehicles are built to withstand rust.

4. Maintenance Plans A maintenance program covers fluid changes and other regular maintenance items as part of your monthly car payment. You will have to take your car to the dealership for service. Note that during negotiations, you might even be able to convince the dealer to throw in a maintenance plan for free. 5. Ding Protection Ding Protection covers the cost of fixing small dents and scratches (often less than four inches long) for a set period of time. Unless you repeatedly ram your new car with shopping carts, this program will have little or no value.

More Unbelieveable obamacRAT Bullshit!!!

This global-warming thingie.....

***It's nothing more than a hoax designed to create hysteria, whereby lining more and more "Ruling Class" pockets!! You may remember when algore was "Slick-Willie's" president-of-vice?? He used that position as well as his senatorial experience to perfect "taking liberties with the truth!!"

Now comes "The Big Release!"

***Somebody had a change-of-heart and couldn't continue promoting the "global warming" hoax. Someone anonymously released 1,079 e-mails, 72 documents, 61 megabytes of confidential files onto the internet. This information came from the University of East Anglia’s Climate Research Unit in England. ***The most damning is a long series of communications discussing how best to squeeze dissenting scientists out of the peer review process. These e-mails show disturbing patterns of “conspiracy, collusion in exaggerating warming data, possibly illegal destruction of embarrassing information, organized resistance to disclosure, manipulation of data, private admissions of flaws in their public claims and much more,” says Australian Sun’s Andrew Bolt. ***Man-made global warming hysteria has long been fueled by people using junk science, fear and hyperbole to support an agenda that they personally profit from. The truth is that the average global temperature has fallen since 1998. ***The leading profiteering propagandist is algore. After losing the presidential election in 2000, he became the leader of the hysteria movement. However, this “Eco-Prophet” has hidden a few inconvenient truths of his own. He just happens to be involved with a venture capital firm and stands to personally profit billions of dollars if Cap-and-Trade becomes law. Reports state that algore’s net worth now stands at $100 Million, when it was $2 million when he left politics. He’s laughing all the way to the bank. algore has a history of playing loose with the facts. ***Recently on TV, while discussing geothermal energy, algore made the outrageous claim that “the interior of the earth is extremely hot, several million degrees.” However, the actual temperature here on earth is between 5,000 and 9,000 degrees. If Sarah Palin had made this gaffe, the media would have ridiculed her as stupid. ***Speaking of hypocrisy, algore is a living embodiment of it. As he lectures the world on energy use, and lobbies the Congressional Moron Caucus, to regulate productive American companies out of business, algore consumes more than twenty times more energy than the average American, according to the Tennessee Center for Policy Research. This doesn’t count the energy consumption of his jet. ***algore’s “Inconvenient Truth” is full of instances where he plays loose with the facts. A 2007 British court ruled that algore’s film has nine significant refutable errors. These are examples of algore’s scare tactics to induce the public to take radical action (to his financial benefit). *** Professor Richard Lindzen of MIT wrote about scientists being "in the crosshairs" of algore, who "tried to bully" them into changing "their views and supporting his climate alarmism." Lindzen also refers to a failed algore effort to "enlist Ted Koppel (then a TV host) in a witch hunt to discredit anti-alarmist scientists." ***When one side tries to shut another side out of the debate, it is typically because they feel their arguments won’t stand up to scrutiny. These propagandists use various tactics. A favorite is to make people feel guilty if they don’t jump on the “green” bandwagon, and those who do are praised for helping the environment. ***With the Copenhagen meetings here, expect to see “green” propaganda exponentially increasing. Open your eyes to these manipulators of data and people, who while acting like do-gooders, see great (green as in money) gain.

***Even as this egregious hoax is being perpetrated on the American public, the "Clown Prince has the balls to go to Copenhagen to promote it!! It's no wonder he's for it-the many "Ruling Class" gangsters will profit, like himself, Michelle "The Chin" obama, Barney Frank, harry reid, nancy porklosi, Chuckie-Cheese Schumer, Max Baucus and his boinkette, Chris Dodd and the list goes on.... and on..... and on..... and on.... and on.... and on....

Til Nex'Time....