District of Corruption
October 6, 2012
Four years after the worst economic crisis of our lifetimes, we’re seeing signs that, as a nation, we’re moving forward again. After losing about 800,000 jobs a month when I took office, our businesses have now added 5.2 million new jobs over the past two and a half years. And on Friday, we learned that the unemployment rate is now at its lowest level since I took office. More Americans are entering the workforce. More Americans are getting jobs.
But too many of our friends and neighbors are still looking for work or struggling to pay the bills – many of them since long before this crisis hit.
We owe it to them to keep moving forward. We’ve come too far to turn back now. And we’ve made too much progress to return to the policies that got us into this mess in the first place. For example – two years ago, we put in place tougher, commonsense rules of the road for Wall Street to make sure that the kind of crisis we’ve been fighting back from never happens again. These rules mean that big banks are no longer going to be able to make risky bets with your deposits. And if a big bank does make a bad decision, they pay for it – not taxpayers. And we also put in place the strongest consumer protections in our history to crack down on the worst practices of credit card companies and mortgage lenders. But for some reason, some Republicans in Congress are still waging an all-out battle to delay, defund and dismantle these commonsense new rules.
[What I'm not telling you: Let's talk about the jobs market, unemployment and the economy for a moment. That--largely ficticious--added jobs number is just that: complete Bullshit!! A truer number would be the NET jobs gained, which is--at this point in my rule--only 100,000 jobs. We--and by 'we' I mean The Bilderberg Group--AGAIN had the Department of Labor revise the report to show a 12-month gain--ended in March, 2012--of 386,000 more than previously reported. Funny how that works, huh?!? With this latest artificial revision we can now claim the aforementioned 100,000 NET JOBS GAINED, over the past three years, two months, ten days!! That makes my "5.2 million jobs gained" lie even better than those lies Stephanie Cutter spouts!!
Now about the current devastating unemployment numbers; again, just more Bullshit of another topic!! Let me explain; we "go all'round Robin Hood's Barn" to massage the numbers enough to get the result we need.
First: The labor-participation rate has dropped precipitously since my immaculation in January, 2009.
(That rate is defined as those working-age adults either working or looking for work.)
Were the labor-participation rate the same as when I took the country over in 2009, the U-3 unemployment rate would be 11.5% range.
Second: The current U-3 rates are the direct result of me, The Bilderberg Group and members of my regime picking 'the losers (as Governor Romney so correctly illustrates)' in the private sector to support; to bail out! Depending on which labor-participation rate you look at, the U-6 (all working-age adults unemployed and under-employed) would be in the 15-18% range!! So--even though my minions in the national pamphleteer corpse will continue to tout it--that 7.8% unemployment rate is manufactured through manipulation; a complete lie, based on the true statistics.
Third: The economy was dismal when I took the country over, and I've continued to exacerbate the problem with completely idiotic programs; with supporting various socio-fascist sectors; with paying off my union buddies for their support; with giving a large percentage of GM ownership to the auto union hierarchy. Can anyone spell Solyndra?!? Had these billions wasted on unsustainable green-energy sector, actually been invested in other areas that benefit the economy as a whole, the country would be way-farther ahead at this point in my regime. The GDP growth rate is a direct indicator of how well the American economy--as a whole--is, or is not, doing. President Truman holds the record high with a 17.2% quarterly growth rate in March, 1950; President Eisenhower has the record low at -10.4% in March, 1958. I come in second (LOWEST) at -8.9% in March, 2009. By comparison, President Ronald "Ronaldus-Magnus" Reagan had--starting in Q-4, 1982--92 consecutive months of sustained GDP growth!!]
Why? Do they think undoing rules that protect families from the worst practices of credit card companies and mortgage lenders will make the middle class stronger? Do they think getting rid of rules to prevent another crisis on Wall Street will make Main Street any safer? Republicans in Congress need to stop trying to refight the battles of the past few years, and finally start doing something to actually help the middle class get ahead. And here are three things they can do right now.
First, Congress needs to step up and guarantee that 98% of Americans and 97% of small business owners won’t see their taxes go up next year. This is something that everyone says they agree on. It should have gotten done months ago. But Republicans in Congress are standing in the way. They’re holding tax cuts for 98% of Americans hostage until we pass tax cuts for the wealthiest 2% of Americans. Ask them how that helps the middle class.
Second, Congress needs to step up and provide every responsible homeowner a chance to save about $3,000 a year on their mortgage by refinancing at lower rates. I gave them a plan to do that - back in February. It’s a plan that has the support of independent, nonpartisan economists and leaders across the housing industry. But Republicans won’t even let that plan come to a vote. Ask them how that helps homeowners.
Third, Congress needs to step up and pass my plan to create a veterans jobs corps to help our returning heroes find work as cops, firefighters and park rangers in communities across the country. A few weeks ago, Republicans in the Senate voted that plan down. Ask them why someone who fights for this country abroad should have to fight for a job when they come home.
Ask them to get back to work and get these things done. If we’re going to keep this economy moving forward, there’s no time for political games. Even in a political season. Everyone needs to do their part. If you agree with me, let your Representative know where you stand. Tell them that if they want your vote, then they need to stand with you and not in the way of our recovery.
[What I'm not telling you: The United States Constitution--and by extension, both houses of Congress--only guarantees equality of opportunity, NOT equality of outcome!! That is as it should be!! The Constitution essentially says:
"Get off yer dead-asses and earn your own way!!"
Delving into class-warfare with the tax code is not the way true statesmen govern! We use the tax-code in our attempts to sway both the middle-class and the welfareRAT-class. They will fall for anything, especially those statements that vilify those who aren't of their economic class; social class; economic status. Some folks are just destined to be miscreants; some are destined to be boorish neanderthals who ride around with crappy
With the aforementioned opportunity versus outcome guarantees, why-the-hell should the Congress enter any further into the housing kerfuffle than they already have. If the current American homeowners cannot afford their individual abodes, they shouldn't have bought them in the first place!! Not everyone is destined to be a homeowner!! Some cannot handle the responsibility of maintenance and upkeep; some cannot handle or understand the economics and financing involved in budgeting for future needs.
Please DON'T let your representatives know how you feel!! I depend on all this bullshit to keep those "obamaFo" recipients confused and voting for me buy default!! You won't have to ask your representatives how a possible tax cut for the wealthiest 2% of Americans will benefit the rest. If you've taken high-school level economics or Econ-101 in college, you'll already know that the wealthy are the most likely Americans to be job-creators!!
One last question: Have you ever been hired by a poor person?!?]