Comments on: The horrendous June jobs report

By: Eu_Jen_Ek

Eu_Jen_Ek — Mon, 11 Jul 2011 03:32:06 +0000

We have to be aware of how the political system functions in the USA. The electorate wil always vote for their pocketbooks. Sensing this, the Politician (Democrat or Republican) will cater to whatever group he can count on for votes. Note the rise of the Medicare/Medicaid/Obamacare, Social Security, Unions, etc. groups as many-voter blocks of votes that are fully dependent on the Politician. The votes will go to the Politician who paints a rosy picture of his plans, promises everything, but at absolutely no or little cost to the voter. So, when the Politician gets into power, he will first look out for ‘Numero Uno’, aka himself. After that, he has to pay the electorate for the votes. Note that paying for the votes costs the Politicians very little, since after all, he is spending other people’s money — a little bit to this group, and that group. It is very easy if there is money in the till. But if there is no money in the bank, bonds can be sold to raise funds for the cause – theu call this deficit spending. Since the bill for the bonds comes much later, everyone is happy, since no one in the present has to pay anything – until the bonds come due, falling on the future generations down the line. Note that this game can keep doing this for a very long time. Unfortunately the bonds are due, with interest. So this present dance ritual of the Politicians posturing over the debt ceiling is merely a show to please their respective Electorate — after all, they aren’t looking out for the interests of the Electorate, and themselves at the same time.
The debt ceiling will definitely be raised. Not to do so would mean the end of the game for both parties — the Democrats now (sorry Unions etc, no can do), and the Republicans later. Both parties have a vested interest in doing so. Imagine them not being to ‘kick the bill down to the next generations?’. Isn’t this the Best Government that our money can buy? If not, we then have to select some other Politician who can promise us even more benefits for our vote! And this is the promise of America.

By: DisabledVeteran

DisabledVeteran — Sat, 09 Jul 2011 05:20:06 +0000

Mainstream Media Is Not Reporting On Incredible Trend in Palin Poll Numbers
http://www.freerepublic.com/focus/f-blog gers/2732107/posts

If Sarah Palin Gets in the Race, She Will be the Candidate to Beat
http://www.freerepublic.com/focus/f-blog gers/2732070/posts

Palin can ‘snap her fingers’ for money, run and beat Obama, warns GOP expert
http://www.freerepublic.com/focus/f-blog gers/2731881/posts

By: Copa

Copa — Sat, 09 Jul 2011 04:33:08 +0000

Now, the enigna that was jobs “created and saved” is solved. Private sector businesses create jobs, while Obama saves government jobs. Now that stimulus, QEs 1 & 2 ets funds have dried up, states, required by law to balance budgets. are shedding jobs. These once-saved jobs are jobs which, under normal economic downswing should have been lost, Which were propped up by tax money.

Obama’s election strategy? Saved government jobs equal saved union votes. Onward, liberal soldiers!

By: TomLindmark

TomLindmark — Sat, 09 Jul 2011 03:41:23 +0000

Good post but why are you singing the praises of a rent seeker like Immelt? GE’s jobs growth is way too reliant on the US taxpayer and let’s not even get into TARP and their bank.

By: 2DoorHo

2DoorHo — Sat, 09 Jul 2011 03:37:18 +0000

“one must wonder why mr obama didn’t use yet another car analogy to describe the trouble the economy is having regaining its footing…….”the car is in the ditch” or his famous “bump in the road”… well i will suggest one for him, things have gotten so bad under his policies, the “air bags have just inflated”.”

^^ I know why the car will never be driven out of the “ditch”

Government mandated CAFE standards producing “green” cars with batteries, unfortunately lack the horsepower and torque needed to drive out of the ditch.

By: JohnDavis

JohnDavis — Fri, 08 Jul 2011 23:25:22 +0000

Obama is sputtering. He really doesn’t have a clue, and we are really in big trouble.

By: TheEnforcer

TheEnforcer — Fri, 08 Jul 2011 23:03:14 +0000

‘
OK.

We’ll compromise.

Barack Obama is the smartest…..idiot on the planet.

Enough compromise?

‘

By: huntlai

huntlai — Fri, 08 Jul 2011 22:47:50 +0000

You’re elected to solve the problems, not to enumerate the problems. Why don’t you go back to Kenya and let me take your place. I can describe the problems better than you. I won’t need a teleprompter, and I won’t stutter.

By: James7

James7 — Fri, 08 Jul 2011 21:48:49 +0000

Predictions:
1. O will not push for a payroll tax cut extension. He will be fighting too hard to maintain trillions of dollars in political patronages to worry about people that work and are unlikely to vote for him anyway.
2. Geithner will leave to be replaced by someone with also no-job-creation background. No one in this administration has any job-creation experience, and that is not about to change.
3. The R’s will cave in like wet toilet paper – Congress always acts to the detriment of the nation, and this will be no different. Taxes, like inflation, are heading up.
4. Obama’s approval numbers will not fall below the plateau they’ve been stuck on because 47% of the country doesn’t pay taxes and doesn’t give a hoot if the nation dies or not.
5. Perry will run. Maybe win.

By: dpendable

dpendable — Fri, 08 Jul 2011 21:42:00 +0000

Comrade Obama is the greatest spender of other peoples money in the history of the republic. And with the economy continuing to trend sideways at best perhaps the people will finally wake up and fire him and his incompetent administration in 2012.