Category Archives: Financial crisis

Employment rate drop caused by 600000 new part time workers, Unemployment rate .3 percent drop, Real jobs added 114000, Involuntary part time workers not good news

Employment rate drop caused by 600000 new part time workers, Unemployment rate .3 percent drop, Real jobs added 114000, Involuntary part time workers not good news

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“People leaving the labor force were a big reason that North Carolina’s unemployment rate dropped to 9.4 percent in April, a month when only 1,400 more people got jobs.”…WRAL May 18, 2012

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. His heart sank as he thought of the enormous power arrayed against him, the ease with which any Party intellectual would overthrow him in debate, the subtle arguments which he would not be able to understand, much less answer. And yet he was in the right! They were wrong and he was right. The obvious, the silly, and the true had got to be defended. Truisms are true, hold on to that! The solid world exists, its laws do not change. Stones are hard, water is wet, objects unsupported fall towards the earth’s centre. With the feeling that he was speaking to O’Brien, and also that he was setting forth an important axiom, he wrote:

Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984”

Here is the answer to the .3 percent unemployment rate drop from 8.1 percent in August to 7.8 percent in September.

From the US Labor Department October 5, 2012.

“Total employment rose by 873,000 in September, following 3 months of little
change. The employment-population ratio increased by 0.4 percentage point to
58.7 percent, after edging down in the prior 2 months. The overall trend in
the employment-population ratio for this year has been flat. The civilian labor
force rose by 418,000 to 155.1 million in September, while the labor force
participation rate was little changed at 63.6 percent. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes
referred to as involuntary part-time workers) rose from 8.0 million in August
to 8.6 million in September. These individuals were working part time because
their hours had been cut back or because they were unable to find a full-time
job.”

http://www.bls.gov/news.release/empsit.nr0.htm

Part time workers included in employed category.

“Household survey. The sample is selected to reflect the entire
civilian noninstitutional population. Based on responses to a series
of questions on work and job search activities, each person 16 years
and over in a sample household is classified as employed, unemployed,
or not in the labor force.

People are classified as employed if they did any work at all as paid
employees during the reference week; worked in their own business,
profession, or on their own farm; or worked without pay at least 15
hours in a family business or farm. People are also counted as employed
if they were temporarily absent from their jobs because of illness, bad
weather, vacation, labor-management disputes, or personal reasons.”
“Establishment survey. The sample establishments are drawn from private
nonfarm businesses such as factories, offices, and stores, as well as
from federal, state, and local government entities. Employees on nonfarm
payrolls are those who received pay for any part of the reference pay
period, including persons on paid leave.”

http://www.bls.gov/news.release/empsit.tn.htm

600,000 new part time jobs in September.

But this is why:

“These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.”

Where I come from, this is not good news.

Obviously there are more components of this voodoo mathematics.

Here are some interesting facts:

 
                                                                                    Sept 2011                            Sept 2012
 
Labor force participation rate                            64.1 %                                 63.6 %
 
Persons who currently want a job                6,240,000                             6,727,000
 
Not in labor force                                               86,067,000                          88,710,000      
 
Employment-population ratio                            58.4                                     58.7   
This big jump in “part time” workers begs more research.

Durable goods orders plunge, Economic growth sluggish, 1.3 percent annual growth, Longest 8 plus percent unemployment rate on record, Record labor force participation rate

Durable goods orders plunge, Economic growth sluggish, 1.3 percent annual growth, Longest 8 plus percent unemployment rate on record, Record labor force participation rate

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“With a 63.7% labor force participation, “conditions in the labor market are considerably worse than indicated” in July’s report”…economist Joshua Shapiro, WSJ August 3, 2012

“And if all others accepted the lie which the Party imposed

–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

A recent survey indicated that 15 % of Democrats believe that the economy is bad. Perhaps they selected a sample of mostly young and uneducated folks.

I just asked a classicly liberal older gentleman about his impression of the economy and he gave me an honest answer. He described it with emphasis as extremely bad.

Economic growth figures are frightening, the stated unemployment rate is the worst on record for months above 8 percent and the Labor Force Participation Rate has hit record lows. That is, the only reason that the unemployment rate is 8.1 percent instead of 11.1 percent or higher is because so many people have left the labor force.

From Bloomberg September 27, 2012.

“Plunge in Goods Orders May Restrain U.S. Expansion: Economy”

“Demand for U.S. durable goods other than transportation equipment unexpectedly dropped in August for a third consecutive month, signaling that slowdowns in business investment and exports will restrain the economic expansion.

Orders for goods meant to last at least three years, excluding volatile demand for airplanes and automobiles, fell 1.6 percent last month after decreasing 1.3 percent in July, the Commerce Department reported today in Washington. Total bookingsplunged 13.2 percent, the most since January 2009, as demand for civilian aircraft collapsed.

“The corporate sector is getting very nervous from a combination of worries about Europe, worries about the fiscal cliff and a general lack of confidence in the recovery,” saidEthan Harris, co-head of global economics research at Bank of America Corp. in New York, whose estimate for the drop in ex- transportation orders was the closest of economists surveyed.”

“The median forecast of 53 economists surveyed by Bloomberg projected a 0.2 percent gain in ex-transportation goods orders. The Commerce Department revised July data down from a previously reported 0.6 percent decrease.

The decline in total orders was more than twice as large as the 5 percent drop projected by the median estimate in the Bloomberg survey.

The world’s largest economy expanded at a 1.3 percent annual pace in the second quarter after growing at a 2 percent rate from January through March, other figures from the Commerce Department showed today. The revision, the third estimate for the quarter, compared with a previously reported 1.7 percent gain.”

http://www.bloomberg.com/news/2012-09-27/orders-for-u-s-capital-goods-signal-business-spending-slowdown.html

I spoke to a young man a few days ago. He is employed in IT. He is supporting Obama and the Democrats and is obviously brainwashed. I do not exaggerate. Just as the folks in Nazi Germany and “1984” were constantly bombarded with the big lies, the young and ignorant are in this country.

He believed that the economy was better and that Obama had created jobs. I reminded him that the Democrats took control of both houses in January 2007 and that the unemployment rate where we stood is 10.2 percent. He did not know that. I explained that we were still in the worst economy since the great depression.

We still have work to do.

Bernanke unemployment high, Labor Day weekend August 31, 2012, Fed can do more, Economic recovery far from satisfactory, Jobless claims 374,000

Bernanke unemployment high, Labor Day weekend August 31, 2012, Fed can do more, Economic recovery far from satisfactory, Jobless claims 374,000

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama
“after 29 months of allegedly stellar job growth under Obama, the jobless rate is still 8.3%. By this point in the Reagan and Bush jobs recoveries, the unemployment rate was 7.2% and 4.9%, respectively. If we were one of those fact-checking organizations, we’d give Stephanie Cutter the “Lying Liar from Liersburg” award.”…News Busters August 26, 2012

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

From Boston.com August 31, 2012.
“Bernanke: With unemployment high, Fed can do more”

“Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic recovery that remains ‘‘far from satisfactory.’’

He also argued that the Fed’s moves so far to keep interest rates at record lows and encourage borrowing and spending have helped bolster the economy.

Bernanke stopped short of committing the Fed to any specific move, such as another round of bond purchases to lower long-term rates. But in a speech at an annual Fed conference in Jackson Hole, Wyo., Bernanke said that even with rates at super-lows, the Fed can do more.

After Bernanke’s comments were released at 10 a.m. Eastern time, stocks initially gave up most of their earlier gains. But as investors digested the speech, stocks bounced back. By late morning, the Dow Jones industrial average was up more than 100 points. Broader stock indexes also surged.

Bernanke noted that further action carries risks but says the Fed can manage them. The Fed ‘‘should not rule out’’ new policies to improve the job market, he said.

The most dramatic step the Fed could take would be another round of bond buying. This is known as quantitative easing, or QE. In two rounds of QE, the Fed bought more than $2 trillion of Treasury bonds and mortgage-backed securities. Many investors have been hoping for a third round — QE3— to be unveiled as soon as the Fed’s next policy meeting in September.

In light of Bernanke’s comments Friday, some analysts said that might be a stronger possibility now.”

“In his speech, Bernanke cited studies showing that the Fed’s first two rounds of bond purchases created at least 2 million jobs.”

“Bernanke’s comments Friday made clear that the economy has a long way back to full health.

‘‘Unless the economy begins to grow more quickly than it has recently, the unemployment rate is likely to remain far above levels consistent with maximum employment for some time,’’ he said.”

Read more:

http://www.boston.com/business/markets/2012/08/31/bernanke-with-unemployment-high-fed-can-more/n9QmdIvIK9wPGKFNGsfSYK/story.html

From the US Labor Department August 30, 2012.

“In the week ending August 25, the advance figure for seasonally adjusted initial claims was 374,000, unchanged from the previous week’s revised figure of 374,000. The 4-week moving average was 370,250, an increase of 1,500 from the previous week’s revised average of 368,750.”

http://www.dol.gov/opa/media/press/eta/ui/current.htm

Obama lies from Stepanie Cutter, Obama campaign spokesperson lies about Obama job growth compared to Bush and Reagan, Bureau of Labor Statistics

Obama lies from Stepanie Cutter, Obama campaign spokesperson lies about Obama job growth compared to Bush and Reagan, Bureau of Labor Statistics

“the Times of the nineteenth of December had published the official forecasts of the output of various classes of consumption goods in the fourth quarter of 1983, which was also the sixth quarter of the Ninth Three-Year Plan. Today’s issue contained a statement of the actual output, from which it appeared that the forecasts were in every instance grossly wrong. Winston’s job was to rectify the original figures by making them agree with the later ones.”…George Orwell, “1984″

“And if all others accepted the lie which the Party imposed
–if all records told the same tale–then the lie passed into
history and became truth. “Who controls the past,” ran the
Party slogan, “controls the future: who controls the present
controls the past.”…George Orwell, “1984″

“Propaganda must not serve the truth, especially not insofar
as it might bring out something favorable for the opponent.”
… Adolf Hitler

From News Busters August 26, 2012.

“‘Fact Checkers’ AWOL After Obama Spokesperson Lies About Jobs Created Under Reagan and Obama”

“Obama campaign spokesperson Stepanie Cutter, appearing on MSNBC earlier this week, claimed that “over the past, you know, 27 months we’ve created 4.5 million private-sector jobs. That’s more jobs than in the Bush recovery (or) in the Reagan recovery.”

A Thursday Investor’s Business Daily editorial plaintively asked: “Where are those allegedly unbiased fact-checkers when you need them?” As will be seen shortly, the answer is “AWOL.”

First, to debunk Cutter’s lie (source: Bureau of Labor Statistics):”


“Thanks to the graph, yours truly doesn’t need to bore readers with lots of numbers. Outside of very small blips, there is virtually no point on the above graph where the trajectory of job growth under Obama is as high as that seen under Reagan, even though the Reagan-era workforce was about one-third smaller. If done on percentage of workforce, the slope of the Reagan-era ascent would be even steeper.

For those who crave some numbers — In its first 37 post-recession months, the economy under Reagan added more than 9.8 million nonfarm payroll (NFP) jobs, over 7 million more than the 2.7 million added under Obama. To replicate the Reagan-era performance, the economy under Obama would have needed to add over 14 million jobs since the recession’s end; it has really added less than 20% of that. The Reagan-era private sector margin is over 5.7 million jobs.

And of course, there’s an obvious point to be made about the unemployment rate, as IBD noted:

What’s more, after 29 months of allegedly stellar job growth under Obama, the jobless rate is still 8.3%. By this point in the Reagan and Bush jobs recoveries, the unemployment rate was 7.2% and 4.9%, respectively.
If we were one of those fact-checking organizations, we’d give Stephanie Cutter the “Lying Liar from Liersburg” award.
A Google News search done this morning on “Stephanie Cutter Reagan” (past week, not in quotes, sorted by date with duplicates) returned six items (the final result listed pre-dates Cutter’s lie). The results are from American Thinker, Real Clear Politics (2), National Review, Washington Examiner, and United Liberty.

The same search at the Associated Press’s main site returned nothing.

AP’s “Presidential Campaign Fact Check” appears to be limited to what the presidential and vice-presidential candidates say. The wire service is currently carrying its interview with President Obama, naturally headlined “AP INTERVIEW: OBAMA CALLS ROMNEY’S IDEAS ‘EXTREME’,” on its “Top Story” page. Zheesh.

As to “fact-checkers” like PolitiFact and others, nothing demonstrates that they have turned themselves into just another tool of leftist bias than the “fact” that they haven’t called out Stephanie Cutter’s lie for four days and counting while trying and failing to nitpick the Romney campaign over its true statement about women’s job losses during the recession several months ago. PolitiFact falsely claimed it was “Mostly False.”

Oh, by the way, as James Pethoukouis noted in his second crucifixion of Cutter’s comment (his original post relating to Reagan is here), “both the Reagan and Bush recoveries were stronger than the current recovery under President Obama.””

http://newsbusters.org/blogs/tom-blumer/2012/08/26/fact-checkers-awol-after-obama-spokesperson-lies-about-jobs-created-unde

Obviously, congress is mostly at fault. The Democrats controlled both houses beginning in 2007 to create a “perfect storm” of failing liberal policies with the help of Obama.

Consider the following:

Reagan inherited an economic mess from Carter. Many of you remember the long gas lines and 18 percent mortgage rates from the Carter years.

In January 1983, 2 years after Reagan took office, the unemployment rate was 10.4 percent. In January 1989, when reagan left office, the rate was 5.4 percent.

When George Bush took office in January 2001, the unemployment rate was 4.2 percent. When the Democrats took control of congress in January 2007, the rate was 4.6 percent.

So, the impact of a Democrat congress with the addition of Barack Obama in January 2009 led to an unemployment rate of 9.1 percent in January 2011.

The Republicans took control of the house in January 2011. The stated unemployment rate is 8.3 percent but would be much higher if so many folks had not dropped out of the labor force.

Check for yourself:

http://data.bls.gov/timeseries/LNS14000000

From the Ulsterman,  February 24, 2012.

For a bit of contrast check out thiscomparative chart detailing the Reagan recovery vs the Obama recovery. One president charged ahead with plans to greatly reduce taxes, lessen regulations, and pushes to increase domestic energy production in the United States. The other president – Barack Obama, called for more taxes, more regulation, and has fought increasing domestic energy production at every opportunity – such as his shutting down of the much-needed Keystone pipeline:”


“The truth is clear – the Obama presidency has been a near-complete disaster for working Americans.  This might explain a term growing in popularity of late – “ABO”  –  Anybody But Obama in 2012…”

US unemployment claims rise 4000, NC unemployment rate 9.8 percent, Unemployment rate increased in 26 NC counties, Charlotte Mecklenburg rate 10 percent

US unemployment claims rise 4000, NC unemployment rate 9.8 percent, Unemployment rate increased in 26 NC counties, Charlotte Mecklenburg rate 10 percent

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

“North Carolina currently has the fourth-highest unemployment rate in the country and has stayed well above the national average through 2012.”…WRAL, August 17, 2012

“We tried our plan—and it worked. That’s the difference. That’s the choice in this election. That’s why I’m running for a second term.”…Barack Obama

From the US Labor Department August  23, 2012.

“In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 4,000 from the previous week’s revised figure of 368,000. The 4-week moving average was 368,000, an increase of 3,750 from the previous week’s revised average of 364,250.

The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending August 11, unchanged from the prior week’s unrevised rate.

The advance number for seasonally adjusted insured unemployment during the week ending August 11, was 3,317,000, an increase of 4,000 from the preceding week’s revised level of 3,313,000. The 4-week moving average was 3,311,500, an increase of 6,500 from the preceding week’s revised average of 3,305,000.”

http://www.dol.gov/opa/media/press/eta/ui/current.htm

From the NC Department of Commerce August 24, 2012.

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.8 percent in July. This was a 0.1 of a percentage-point decrease from June’s revised rate of 9.9 percent, and a 1.1 percentage-point decrease over the year.

Over the month, the unemployment rate decreased in 47 counties, increased in 26 and remained the same in 27. Thirty-four counties had unemployment rates below the state’s 9.8 percent rate.

Scotland County recorded July’s highest unemployment rate at 17.6 percent, remaining the same as the previous month. Graham County had the second-highest rate at 15.2 percent. Currituck County had the lowest unemployment rate at 4.7 percent, followed by Chatham, 7.0 percent; and Orange, 7.1 percent.”

http://www.ncesc1.com/PMI/Rates/PressReleases/County/NR_July2012CountyRate_M.pdf

Mecklenburg County, the home of the 2012 Democrat convention in Charlotte, has an unemployment rate of 10 percent.

Obama NC college economy in ruins, Tuition up, Healthcare almost doubled, Unemployment up, UNCG and A&T student cancellations, No college & no jobs

Obama NC college economy in ruins, Tuition up, Healthcare almost doubled, Unemployment up, UNCG and A&T student cancellations, No college & no jobs

“The hikes have forced more students to take on extra jobs to pay for school, or drop out altogether.”

“The state mandates that at least 25 percent of the money from the tuition dollars go toward financial aid for needy students. Some board members recently have spoken out about that requirement, saying it essentially calls for students, who themselves may be struggling, to subsidize the education of other students.”…Greensboro News record February 11, 2012

“The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”…Charlotte Observer May 1, 2012

“Guilford (Large NC County) appears on it’s way to a third consecutive year with annual jobless rates in double digits. Economists say that likely hasn’t happened since the Great Depression.”…Greensboro News Record December 2, 2011

Michelle Obama spoke at UNCG a few weeks ago.

“It means all of our kids should be able to go to college without a mountain of debt.”

“Because of this reform, our children can stay on our insurance until they’re 26 years old. (Applause.) So they don’t have to lose their health care when they graduate and they’re out there looking for a job, trying to build their lives.”

“I want you to tell them how many jobs he created. Tell them how much money he’s put back in the pockets of American people. You can tell them that more of our kids can afford college;”

http://citizenwells.wordpress.com/2012/08/02/michelle-obama-uncg-speech-august-1-2012-obama-lies-job-lies-tax-lies-college-tuition-lies-health-care-lies-student-loans-and-records-hidden/

Obama lies versus Obama reality.

From the front page of the Greensboro News & Record August 20, 2012.

“Registration cancellations rising at UNCG, A&T”

“UNCG about two weeks ago canceled the registrations of about 1,300 students because they had yet to pay their tuition bills — the highest number of cancellations since fall 2009, university officials said.

N.C. A&T is also seeing an increase in the number of students facing cancellation. The schools’ officials attribute their numbers to a variety of factors, including tuition increases and cuts and other changes in state and federal financial aid programs.

“Every lost soul is unacceptable to me, and it really hurts when we have to cancel that many registrations,” said Steve Roberson, UNCG dean of undergraduate studies.

By Friday, UNCG had managed to whittle that number to just 500, according to preliminary data.

But administrators are concerned about the large number of students who are having trouble paying this year.

UNCG Vice Provost Alan Boyette said recently that some students ran into problems because they did not apply for financial aid on time, or their financial aid had not yet been packaged. So, he expected that initial number would be reduced.

He said enrollment this year is “really unpredictable.” The university is gauging payments and registration on a near daily basis to get a feel for what the final number will be, he said.

“We think the timing is clearly related to the current economy,” Boyette said of the number of students paying late.

Sarah Carrigan, UNCG director of institutional research, said Friday that UNCG canceled 1,300 student registrations between July 31 and Aug. 8.

That’s an increase of about 500 over last year at that same time, she said.

As of Friday, about 800 of those students had paid to register again, Carrigan said.

A&T has also had a slight increase in the number of students who risk having their registrations canceled, said Akua Matherson, the university interim associate vice chancellor for enrollment management.

As of late Friday afternoon, the university was scheduled to cancel the registrations of 541 students, Matherson said.

That’s a 2.5 percent increase from last year, she said.

Those students had until the close of business Friday to make some kind of arrangement to keep their registration.

Staff from both universities spent much of the summer reaching out to students who were eligible to return to school but had not registered to find out what their problems are and to offer solutions.

More than 80 percent of A&T students qualify for need-based aid. Staff members have talked to families whose financial situations have changed, such as one parent losing a job.

“Some of our students are looking at some real challenges,” Matherson said.

Deborah Tollefson, UNCG financial aid director, has heard similar stories of parents’ stretched incomes.

She said that counselors steer students away from private loans.

Instead, they inform them of such options as federal loans, part-time campus employment and tuition payment plans if they are having trouble paying.

Tollefson said that UNCG has received a lot of late financial aid applications this year. Students who didn’t have to take out loans two or three years ago are now having to but are unfamiliar with the process, she said.

A&T had 10,590 students enrolled as of Wednesday, the first day of classes.

UNCG’s latest enrollment figures showed an enrollment of 17,800. Students there start classes today.”

http://www.news-record.com/content/2012/08/20/article/registration_cancellations_rising_at_uncg_at

With the Obama economic plan we get higher tuition, much higher health care costs and higher unemployment.

From Citizen Wells February 12, 2012.

“Amid chants of protest from about 100 students, the UNC Board of Governors this morning approved President Tom Ross’ proposal for tuition and
fee hikes over the next two years.

Ross’ plan would raise tuition by an average of 8.8 percent across the system and keeps increases below 10 percent on every campus.”

“Today’s vote caps months of intense debate over tuition, which the system has used in recent years to help make up for legislative cuts to its budget. The
hikes have forced more students to take on extra jobs to pay for school, or drop out altogether.”

“The state mandates that at least 25 percent of the money from the tuition dollars go toward financial aid for needy students. Some board members recently have spoken out about that requirement, saying it essentially calls for students, who themselves may be struggling, to subsidize the education of other students.”

http://citizenwells.wordpress.com/2012/02/12/unc-tuition-hikes-university-of-nc-system-raises-tuition-costs-in-dismal-economy-working-students-and-families-pay-others-tuition-income-redistribution-unc-tuition-hikes-university-of-nc-system/

I have met and talked with many college students. Recently a UNCG student, who is struggling to support his family and attend school, confided in me that the recent tuition and health care increases (mandatory health care insurance almost doubled) could force him to leave school.

From Citizen Wells May 2, 2012.

“The UNC system began requiring students to be covered by health insurance in the fall of 2010. Students must either prove that they have their own insurance or buy a plan offered by the UNC system. Before that, 11 campuses required insurance; rates and coverage varied significantly among the schools.

On top of rising tuition and fees, those UNC system students who buy the university-sponsored health insurance plan will face steep premium increases in the next academic year.

The cost of health insurance will climb from a range of $61 to $77 monthly to a range of $118 to $133 monthly, according to a memo sent from UNC President Tom Ross to the UNC Board of Governors. On an annual basis, most students will pay about $500 to $700 more in 2012-13, depending on the campus.”

“Mallette said the insurance increases are due to the health care usage of UNC system students during the past couple of years, plus federal regulations on preventive care and pharmacy services issued in March. The process is complicated, he said, by the new provisions of the Affordable Care Act.”

http://citizenwells.wordpress.com/2012/05/02/obama-lies-work-on-unc-students-unc-student-health-care-increase-tuition-increase-high-unemployment-obama-uses-orwellian-language-to-sway-students-occupy-white-house/

From Citizen Wells July 27, 2012.

“Unemployment Rates Increase in 84 Counties in June”

“North Carolina’s statewide unemployment rate (not seasonally adjusted) was 9.9 percent in June. This was a 0.4 of a percentage-point increase from May’s revised rate of 9.5 percent, and a 1.0 percentage-point decrease over the year.

Over the month, the unemployment rate increased in 84 counties, decreased in 11 and remained the same in five. Thirty-nine counties had unemployment rates at or below the state’s 9.9 percent rate.”

“Guilford County, containing both Greensboro and High Point had an increase from 9.6 to 10.3 percent.”

http://citizenwells.wordpress.com/2012/07/27/nc-unemployment-rate-9-9-percent-june-data-unemployment-rates-rose-in-84-of-100-counties-mecklenburg-home-of-democrat-convention-rises-3-percent-to-9-9/

What evidence do we have that Obama had any student loans?

Obama a Christian?, Media protects Obama slams Romney, Real economy numbers reported in late November 2012, John Hammer Rhino Times, August 9, 2012

Obama a Christian?, Media protects Obama slams Romney, Real economy numbers reported in late November 2012, John Hammer Rhino Times, August 9, 2012

“My whole family was Muslim,” …Maya Soetoro-Ng

“A light will shine through that window, a beam of light will come
down upon you, you will experience an Epiphany…and you will
suddenly realize that you must go to the polls and vote for Obama.”…Barack Obama

“There is no evidence that Barack Obama is a Christian”…Citizen Wells

Real reporting about Obama, in print, in NC,

From John Hammer of the Rhino Times August 9, 2012.

“The presidential campaign is still not officially underway – since neither candidate is the official candidate of their party until after the party conventions – and it is already ugly and is going to get worse. Obama, with an unemployment rate of 8.3 percent, cannot run on his record. He spent the $1 trillion in stimulus money to get the unemployment rate down and it didn’t work. If Obama talks about the $1 trillion in stimulus he opens the door for a mistake that he has admitted to making – there is no such thing as a shovel-ready project. So the $1 trillion that was for shovel-ready projects was for fantasy projects. It reminds voters how little Obama knows about how the government works, how business works or, really, how anything other than a political campaign works. And the indications are that he really doesn’t understand political campaigns either.

Four years ago Obama ran what appeared to be a flawless political campaign, but in retrospect it appears that he was running against a Republican that all the other Republicans had beaten when he ran in his campaign mode. It was only when he ran as Sen. John McCain that anyone could tolerate him. When McCain went back to being the Republican presidential candidate, instead of himself, he had already lost. Also Obama could have been caught in the act with a creature from outer space and the media would not have reported it. How many photos did you see of Obama smoking? Do you think the media would have run photos of Sarah Palin smoking if they had them? The media was only going to report good things about Obama and they did. It is why we still know so little about Obama.

The only real source of information we had about Obama was his own book, and then we found out that it is far from a memoir in that he has a composite girlfriend. If the press vetted Obama at all we would know whether or not he was really Rev. Jeremiah Wright’s protégé as he once said, or was he just someone who attended that church on occasion because of its political clout in the black community in Chicago. If he was a protégé then Obama needs to explain when he realized that Wright’s racist rants against white people in general and Jews in particular went too far and he decided not to be a follower.

If the truth is that he was never really a follower of Wright’s, and that is the only church he has ever been a member of according to his book, is he really a Christian? He wasn’t raised as Christian. Neither of his parents were Christians. If Wright did not bring him to Christ, who did? And why did he decide not to practice his religion in a formal manner while president.

These are the kinds of questions that you would expect to have answers to about the president of the United States, but evidently asking any question about Obama that he has not already answered is wrong.

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Along those same lines, it is no surprise, but worth noting, that the mainstream media have become even more liberal and partisan. Back in 2010 and even 2011, with the election at least a year away, the mainstream media were willing to be critical of Obama and to admit that whoever the Republican nominee was that he or she might have some redeeming qualities.

Now that the election is less than three months away, the mainstream media pundits are back to proclaiming Obama the messiah, and Mitt Romney is just some rich guy who inherited a bunch of money, has never really done anything and now wants to buy the presidency. Four years ago when Obama raised more money than any presidential candidate ever had it was because he had the support of the people. Now that Romney is raising more money month after month than Obama it is because Romney is rich. It’s amazing how things get reported.

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One thing that has changed in this election is that no one can argue that Obama doesn’t have the experience to be president. He now has more experience than anyone still in the game. He will soon be tied with both George Herbert Walker Bush, and James Earl Carter Jr., but it is unlikely that either one of them will decide to run for another term.

Experience was a good issue for Republicans in 2008, since Obama had not completed a full term in the US Senate and had never been the chief executive of anything other than the Harvard Law Review and his own political campaigns, both of which are a little different from being president. But this time around Romney’s experience running a business, running a state and running the Olympics are all good preparation but Obama has him beat when it comes to experience being president.

Now it is easy to argue that Obama’s experience as president proves that he shouldn’t serve another term, because he hasn’t been able to get the economy back on track. It will be interesting to see what the real numbers are for the economy when the election is over. It will be a real surprise if the figures released by the government are not revised in November after the election.

I have no doubt that the government in late November will reveal that the economy is in worse shape than the figures released earlier would indicate. Unemployment will turn out to be higher and economic growth will turn out to be lower, and not reporting it earlier was simply due to an unfortunate mathematical error.”

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http://greensboro.rhinotimes.com/Articles-Columns-c-2012-08-08-212799.112113-Under-the-Hammer.html