Unemployment

What Recovery? Obama Fails

June 17, 2013 By Rep. Steve Stockman 4 Comments

The nation’s economy is worse off under Obama than under Bush for yet another month, according to an objective mathematical measurement of the nation’s economic indicators released Monday by Congressman Steve Stockman (R-Texas 36.)

The economy continues to fail to recover under Obama as June’s Obama Failometer Score remains stuck at an astonishing 1,166.

“Not only is there no economic recovery for yet another month under Obama, things are getting worse for black Americans,” said Stockman. “It’s like Jimmy Carter swapped his sweater for mom jeans. While past economic recoveries have been roars, this is a sickly wheeze.”

The Obama Failometer uses a fixed mathematical score to calculate four economic indicators from the Bureau of Labor Statistics. The figures from the monthly reports are weighted to provide a balanced total score, which ranges from zero to 1,000. A score of 0 represent economic stability and racial equality. The higher the score, the deeper the economic failure.

Obama can set the Failometer to zero simply by outperforming Bush on the economy and fulfilling his 2008 and 2012 campaign promises to help blacks and Hispanics gain economically.

So far, Obama is worse than Bush.

Since its creation Obama has failed to generate a Failometer score that can be contained within the chart’s range of zero to 1000.

The Obama Failometer Score was originally displayed on a ten-foot-long billboard displayed in the hallways of the Capitol’s Cannon House Office building. House officials ordered it torn down in January after Democrats complained.

Here is how the Obama Failometer Score is calculated:

FACTORS MEASURED AGAINST BUSH

Monthly jobs created: The Hamilton Project, a liberal economic policy group, stated last year the economy must create 321,000 jobs a month in order to return the economy to pre-recession employment levels by December 2016, the end of Obama’s term.

As the economy continues to flounder under Obama that number grows, but the Obama Failometer will continue to use it, which gives him some statistical relief.

Obama promised to not only restore the economy to where it was under Bush, but grow it. So far Obama has failed to even perform as well as Bush.

This Obama Failometer score portion is calculated by subtracting the number of jobs created in the previous month from the 321,000 jobs claimed necessary by the liberal Hamilton Project and dividing by 1,000 to balance it against other factors.

The BLS reports the economy created 175,000 jobs in April, 146,000 fewer than needed to restore the economy. This portion of the Obama Failometer Score is 146.

Civilian labor force participation rate: The civilian labor force participation rate, the ratio between those 16 and over in the labor force against the national population of those 16 and over, is an important measure of economic health. After puttering along during the Bush administration, including through the “Bush years” of the recession, under Obama it has plunged sharply.

This Obama Failometer score portion is calculated by subtracting the monthly civilian labor force participation rate from the average Bush administration rate and multiplying by 100 to balance it against other factors. According to data from the BLS, under Bush the average monthly civilian labor force participation rate was around 66.2 percent.

The Bureau of Labor Statistics reports the monthly civilian labor force participation rate for April is stagnant at an abysmal 63.4 percent, close to the record low and behind Bush’s average by 2.8 percent. This portion of the Obama Failometer Score is 280.

FACTORS MEASURED AGAINST OBAMA’S OWN RHETORIC

Black unemployment: No one has suffered more economically under Obama than black Americans. Obama’s election and re-election has meant crippling poverty for the black community.

This Obama Failometer score portion is calculated by taking the monthly unemployment rate for blacks and subtracting the monthly unemployment rate for all Americans, and multiplying it by 100 to balance it against other factors.

The Bureau of Labor Statistics reports the black unemployment rate for April was a depressing 13.5 percent, while the national overall rate was 7.6 percent. That is a gap of 5.9 percent, is wider than last month’s gap of 5.7%. This portion of the Obama Failometer Score is 590.

Compare Obama’s performance to Bush’s. The highest monthly unemployment rate ever for blacks under Bush was 12.1 percent. Obama’s lowest rate was 12.7 percent in January, a figure he largely inherited. He has never performed as well as Bush’s worst black unemployment rate.

Bush’s average black unemployment rate was 9.7 percent and an overall national average of 5.2 percent, a 4.5 percent gap that gives Bush a score of 450.

Hispanic unemployment: Despite winning the Hispanic vote, Obama’s liberal policies have caused widespread damage to the Hispanic community. Thanks to Obama, they continue to lag behind the national average in many economic factors.

This Obama Failometer score portion is calculated by taking the monthly unemployment rate for Hispanics and subtracting the monthly unemployment rate for all Americans, and multiplying it by 100 to balance it against other factors.

The Bureau of Labor Statistics reports the Hispanic unemployment rate for March was a pitiful 9.1 percent, while the national overall rate was 7.6 percent. That is a gap of 1.5 percent, same as June. This portion of the Obama Failometer Score is 150.

The Hispanic unemployment rate hit its all-time historic low of 4.7 percent during Bush’s last term. It is almost twice that rate under Obama.

THEREFORE, THIS MONTH’S OBAMA FAILOMETER SCORE IS 1166.

Filed Under: Coachisright, Featured Stories, Floyd Reports Tagged With: Jimmy Carter, Texas, Unemployment

Obama’s Ideology Propels Scandal-mania

June 8, 2013 By David Fiorazo Leave a Comment

White House Senior Adviser Valerie Jarrett said there’s no chance Attorney General Eric Holder will resign in light of the mounting evidence against the Obama administration, including the IRS’ ongoing targeting of Christians, conservatives, Republicans, and Tea Party groups (the IRS commissioner met with Obama 157 times) and revelations that his Justice Department had been spying on journalists.

Jarrett made the overly confident statement this week, long ago having moved on from the deadly Fast and Furious scandal and the tragic Benghazi attacks and murders, to name a few.

“Obviously, I know the president pretty well. And I know the attorney general very well. And he will be in his position for quite a while.”

Jarrett and Obama helped bring Chicago politics to the White House. A Republican with the same background would have been vetted extensively, covered 24/7 by the media, and would never be elected. The radical, leftist, progressive individuals who make up Obama’s close friends, associations, and his administration also reflect his policies and worldview.

Class warfare. Racial politics. Marxism packaged as Christianity. America is evil. Islam is good. Twenty years involvement with Jeremiah Wright’s Trinity United Church in Chicago. Friend of terrorists.

The following is an excerpt from ERADICATE: BLOTTING OUT GOD IN AMERICA:

The sad truth is that many Americans today don’t care that prior to his election, Obama’s handlers concealed information about his college years and no official records were ever made available – a first in our history. No college transcripts, published records, or papers had been released. What were they hiding?

By the time Barack Obama made it to college at Occidental, Columbia and Harvard, you can be sure he had formed enough anti-American views to build on what he had already gleaned from his childhood mentor, communist Frank Marshall Davis. Davis was a labor activist, writer, and community organizer as well as a Communist Party USA member. [Valerie Jarrett’s father, Vernon had close contact with Davis, and was also a Communist]

In 2010, Dr. John Drew, one of Barack Obama’s college friends, came forward and confirmed what many informed people already knew that Obama “was basically a Marxist-Leninist.” Drew talked about his past arguments with Obama about the many brands of Marxism:

“I see evidence of a continuing commitment to Marxist ideology…. In the Marxist model, the economy is the driving force behind change in the other spheres of society.”

Dr. John Drew did his senior honors thesis on Marxist economics at Occidental College, and he also founded the Democratic Student Socialist Alliance. He was a contemporary of Obama at Occidental and a Marxist himself. In fact, Drew was a well-known campus communist and was attracted to the college because Occidental was known for its Left-leaning politics and Marxist professors. Some even said it was considered “the Moscow of southern California.”

Occidental attracted America’s future president. Drew believed Obama was looking for a social revolution during his college days, and he expected a movement where “the working class would overthrow the ruling class” leading to a socialist utopia in America. Drew admitted how extreme he thought Obama’s views were at the time.

In 2010, John Drew was interviewed by Dr. Paul Kengor, an author, Reagan biographer, columnist, radio host, and Executive Director of The Center for Vision & Values. Drew admitted that at Occidental he was a comrade who leaned more toward the Frankfurt School of Marxism.

Here is a partial transcript of Dr. Kengor’s radio interview with John Drew:

Drew: “I felt like I was doing Obama a favor by pointing out that the Marxist revolution that he and [our friends] were hoping for was really kind of a pipe dream, and that there was nothing in European history or the history of developed nations that would make that sort of fantasy – you know, Frank Marshall Davis fantasy of revolution – come true.”

Kengor: “So you had a realistic sense that even though you liked these ideas, it really couldn’t happen or really wouldn’t even work.”

Drew: “Right. I was still a card-carrying Marxist, but I was kind of a more advanced, East Coast, Cornell University Marxist….”

Kengor: “I know people are listening right now who want me to address this – and especially people who are Obama supporters. To be fair, I mean, look at where you were then and now where you are today.”

Drew: “Well, yeah, now I’m a Ronald Reagan, churchgoing, Baptist conservative.”

Kengor: “But now, okay, so what about Obama? Where do you think he is today? And to the people who are listening and are angry that we’re even having this conversation: Look, you don’t want us to talk about this because you don’t like what it says about Obama’s past, but we have to know this stuff about our presidents! “You can’t leave this out of biographies… That’s why the background is so crucial – Frank Marshall Davis, what happened at Occidental, goes straight to Columbia from Occidental, the Bill Ayers affiliation, no real-world experience – this matters….”

Drew: “Yeah, I think whenever he talks about people clinging to their guns and their religion due to economic stress, that’s just the standard Marxist argument. In fact, that’s the argument of alienation and class-consciousness … the superficial religious and cultural ideals of the capitalist culture … and I really think he’s surrounded by people that share that mental architecture.”

Obama is surrounded by dangerous anti-Christian, socialism-loving people. They’ve plotted and pushed their agenda to transform America. Record numbers of people now rely on government assistance. We have record spending; increasing taxes, high energy, gas prices, and unemployment; racial and political division; the healthcare system takeover; and threats on our freedoms (including speech and religion.) And now, more invasions of privacy.

Government has become an enemy of American citizens, and this administration is very good at using the tactics of distraction and diversion. With more of us becoming outraged while the media protects this administration, it will be fascinating to see this epic drama played out.

Filed Under: Featured Stories, Floyd Reports Tagged With: Barack Obama, Bill Ayers, California, Eric Holder, Gas Prices, Jeremiah Wright, Justice Department, Ronald Reagan, Tea Party, Unemployment

Video: The Obama-Bilderberg Connection

June 8, 2013 By Kris Zane 13 Comments

In the book 1984, the government watches everything you do with ubiquitous cameras, microphones recording every word spoken, drones flying in the air—they literally knew what everyone was thinking before they thought it.

Change the title of the book 1984 to 2013 and replace the revelations in the last few days, and one finds a surveillance state that makes 1984 look like child’s play.

First, we learned that the Obama administration was keeping track of every single phone call made—that wasn’t so bad. But when we learned that Obama was logging every single email, every single tweet, every Skype, every single electronic communication— that the government “quite literally can watch your ideas form as you type,” Americans were horrified.

This brings a new slant to the David Petraeus-Paula Broadwell scandal. Supposedly, CIA chief David Petraeus had been having a long-time affair with his biographer Paula Broadwell. The FBI had “discovered” this while looking at a separate matter with sexually explicit emails from socialite Jill Kelley to General John Allen. When the FBI brought this scandalous affair to the attention of Barack Hussein Obama, Obama demanded that Petraeus resign.

The question is, if the NSA is logging every single email, every single phone call, every single communication sent electronically, watching your ideas as you type, and has been doing this for at least six years, and thus the Obama administration had known before and during Petraeus’ stint as the CIA chief that he was having an affair, why was there the charade of Petraeus resigning in disgrace? Why would Obama appoint Petraeus in the first place if he had already known of the affair?

The logical answer is that Obama feared that Petraeus was a 2012 presidential rival and thus did a preemptive strike to take him out.

But not so fast. Are we to believe that this program of spying on literally every single electronic communication—under a program we now know to be called PRISM—was known to the NSA but not to the CIA chief?

Of course not. That would be ludicrous. Petraeus knew that his emails going back and forth to Paula Broadwell were being watched. And thus knew that the entire resignation was a sham.

Obama, Petraeus, the FBI, the NSA involved in a conspiracy (an illusion so vast that it boggles the mind)?

Yes.

That is exactly what we are saying.

That Obama, Petraeus, the FBI, NSA, CIA, and dozens of other government agencies created an illusion and still are creating illusions to control the gullible masses.

From June 6 through June 9, the secretive Bilderberg group is meeting in Watsford, England. Bankers and billionaires, politicians and media heads, and yes, former heads of the CIA.

David Petraeus, former head of the CIA, will attend this secretive confab that will decide what the world will be like in the next couple of decades. And that world will be a scary place.

What will be David Petraeus’ input? Petraeus, along with Google’s Eric Schmidt, also attending (whose mega-corporation is at the top of the list of the PRISM program), are working on developing a spy grid that makes the PRISM program, makes 1984, and makes our own 2013 look like child’s play.

A group of elites setting up a surveillance state—a surveillance world—where every single move, every single word, every single potential thought is surveilled?

To quote a famous Alaskan: “You betcha!”

And to quote another famous engineer of a fascist dystopia (Barack Obama’s first choice for Secretary of the Treasury, who has made PRISM possible), Google’s Eric Schmidt:

We don’t need you to type at all. We know where you are. We know where you’ve been. We can more or less know what you’re thinking about.

We will know your position down to the foot and down to the inch over time…Your car will drive itself, it’s a bug that cars were invented before computers…you’re never lonely…you’re never bored…you’re never out of ideas.

But this is only the surface. This is only the framework for their grand plans.

One of the goals in the very first Bilderberg meeting in 1954 was a unified Europe with a single currency, supposedly to spur economic growth and efficiency. Lo and behold, in a few short decades, their goal was miraculously realized in the form of the European Union,with the Euro as a common currency. The result? Massive unemployment, unsustainable debt, collapsing economies—and most importantly, loss of sovereignty: In Greece, the EU actually appointed their prime minister, dispensing with that ugly word “democracy.”

What are Bilderberg’s plans for the United States? We don’t have to guess as we already know from their previous meetings: A borderless North American Union that includes the United States, Canada, and Mexico, using a single currency, the Amero. Our borders with Canada and Mexico will be erased. U.S. gun laws will come in line with Mexico—that is, a total gun ban, nullifying the Second Amendment. And most importantly, that pesky document that all globalists despise—the United States Constitution—will be completely nullified. With the Constitution nullified, there is no doubt the face of the globalist movement—Barack Hussein Obama—will remain in power way beyond 2016.

Welcome to the New World Order, brought to you by Barack Hussein Obama, a Bilderberger himself who attended the 2008 Bilderberg meeting, where he was selected to be President—not elected.

The “fundamental transformation” not of the United States, but of the world, has arrived.

Filed Under: Featured Stories, Floyd Reports, Videos Tagged With: Barack Obama, Unemployment

Racial Allegiance To Obama: The New Oppressor

June 7, 2013 By Paul Johnson 3 Comments

It is a normal expectation that a politician loses support when he fails to deliver on the expectations he has set. Groups of those once coveted by undelivered promises begin to shift their support. Supporters of yesterday become vocal and demand better. The once-highly popular public figure begins to wane, ebb, and eventually submits to the fallacy that is his political existence. So why then does President Obama retain such popularity among Black voters?

Hispanics have targeted the President with sharp criticisms for his failure to advance agenda items as promised. In part, Obama was elected with the Latino vote in 2008, seeing a 2 to 1 support showing over that of Senator John McCain (according to statistics from the Pew Hispanic Center.) However, his support of illegal immigrants has overshadowed the true struggles of many Latinos who once supported the President. Benefit for Hispanic Americans has hardly been flattering. Under Obama, Latino youth unemployment has skyrocketed to 28.1%; and more than 25% of Latino households are considered “food insecure.” Such alarming statistics are considered harmful within the Latino community, and sharp criticism has been accordingly levied at Obama in response.

The Black community, however, is far more forgiving of the President’s transgressions. Sixty seven percent of Blacks approve of the way Obama handled the failed gun control measure that sought to remove constitutional rights from Americans without due process. This support comes in spite of the gun control measure’s lack of impact on gun violence in America. What Obama told Americans was that he would stop white Americans with mental disorders from gunning down the innocent, but has said nothing about Black-on Black-gun violence that disproportionately affects the Black community. Yet his handling of the measure is overwhelmingly supported by those statistically most affected by the worst of gun violence in America.

A recent NPR/Robert Wood Foundation poll is even more telling of the all-but perversely blind, racially aligned support of Obama. In spite of the poll revealing that more than 50% of Blacks are fearful of losing their jobs within the next 12 months, more than half reported that their lives have gotten better since Obama has taken office. Meanwhile, Black youth unemployment teeters at 50% in urban areas; and according to the Commerce Department, 39.8% of Black households are receiving welfare benefits.

Obama’s free pass with the Black community has been at its expense, and the racial allegiance to Obama has now become the new oppressor.

Photo credit: terrellaftermath

Filed Under: Floyd Reports Tagged With: Gun Control, John McCain, Unemployment

Government Employed 92,000 Additional People In May

June 7, 2013 By Breaking News 4 Comments

The unemployment rate for government workers rose for the first time since January, standing at 3.8 percent in May, up from 3.3 percent in April. But at the same time, the total number of government workers in the United States increased by 92,000.

There were 20,361,000 total government workers in May, up from 20,269,000 in April.

The increase in government workers happened at the state and local level, not the federal level. Federal government payrolls actually declined by 14,000 in May.

“Over the past 3 months, federal government employment has decreased by 45,000,” BLS said.

In July 2012, the unemployment rate for government workers was as high as 5.7 percent, according to the BLS. The rate has generally declined since then.

Read More at CNS News . By Elizabeth Harrington.

Filed Under: Uncategorized Tagged With: Unemployment

What Recovery? Obama Fails

Obama’s Ideology Propels Scandal-mania

Video: The Obama-Bilderberg Connection

Racial Allegiance To Obama: The New Oppressor

Government Employed 92,000 Additional People In May

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