Showing posts with label Nancy Pelosi. Show all posts
Showing posts with label Nancy Pelosi. Show all posts

Friday, May 06, 2016

May Day, May Day!

President Barack Obama at a local bookstore celebrating small business day.

The monthly jobs reports were released this morning and it shows an outlook that may pose a risk for the economy. The April jobs report shows that the U.S. Department of Labor added 160,000 were added.

That was the smallest gain since September and below the first-quarter average job growth of 200,000.

Employers added 19,000 fewer jobs in February and March than previously reported. While the unemployment rate held at 5.0 percent that was because people dropped out of the labor force.

Economists polled by Reuters had forecast payrolls rising 202,000 last month and the jobless rate unchanged at 5 percent.

The stepdown in job growth could raise concerns that the weakness in overall economic activity was spilling over to the labor market. Economic growth slowed sharply in the first quarter this year.
The most unproductive leaders of the Congress, Rep. Paul Ryan (R-WI) and Sen. Mitch McConnell (R-KY). The Speaker of the House and Senate Majority Leader both voice concern about Obama's policies and their standard-bearer Donald Trump.
Average hourly earnings were a bright spot in the employment report, rising eight cents or 0.3 percent last month. That took the year-on-year increase to 2.5 percent from 2.3 percent in March, still below the 3.0 percent advance that economists say is needed for inflation to rise to the Fed’s 2.0 percent target.

The U.S. central bank last month offered a fairly upbeat assessment of the labor market, saying that conditions had “improved further.”

The Fed raised its benchmark overnight interest rate in December for the first time in nearly a decade. Fed officials have forecast two more rate hikes for this year.

Market-based measures of Fed policy expectations have virtually priced out an interest rate increase at the Fed’s June 14-15 meeting, according to CME Group’s FedWatch. They see a less than 50 percent probability of rate hikes in September and November, with a 59 percent chance at the December meeting.

The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, fell 0.2 percentage point to 62.8 percent. It had increased 0.6 percentage point since dipping to 62.4 percent in September.

The labor force fell by 362,000 as people dropped out in April.

The vast private services sector dominated employment gains in April. Manufacturing added 4,000 jobs last month after shedding 29,000 in March, the biggest loss for the sector since December 2009.
Donald Trump in Charleston, WV stroking his gift from the coal industry.
There were further job losses in mining as the energy sector adjusts to weak profits from a recent prolonged plunge in oil prices. Mining payrolls fell 8,000 last month. Mining employment has decreased by 191,000 jobs since peaking in September 2014, with 75 percent of the losses in support activities.

Gains in construction employment slowed sharply, with the sector adding 1,000 jobs in April, after home building showing some signs of fatigue last month.

Retail payrolls fell 3,100 after hefty gains in the first quarter, despite sluggish sales.

This shatters the constant streak over added jobs over 200,000.

As usual the conservatives will complain about the job numbers. The conservatives will say that the president and the Labor Department are fudging the numbers.

They will say that 94 million Americans aren't working. They will complain that the annual payroll rates being stalled by government regulations.

All the while, ignoring the lackluster activities of the Republican controlled Congress. The Congress so far the most unproductive in American history. It's about to shatter the record of the 113th Congress, the least productive since Republicans and Democrats shared control.

Friday, March 04, 2016

March Maddness!

Still rocking!

Once again, the country's unemployment is currently at 4.9 percent. The U.S. Department of Labor reports that 242,000 jobs for the month of February. The unemployment rate hold steady.

With a great job number, the hour wages actually declined.

But the number of long-term unemployed hasn't budged, and neither has the number of part-time workers who would prefer to work full-time.

Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining.

In February, the unemployment rate held at 4.9 percent, and the number of unemployed persons, at 7.8 million, was unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 831,000, respectively.

Among the major worker groups, the unemployment rates for adult men (4.5 percent), adult women (4.5 percent), teenagers (15.6 percent), Whites (4.3 percent), Blacks (8.8 percent), Asians (3.8 percent), and Hispanics (5.4 percent) showed little or no change in February.

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 2.2 million in February and has shown little movement since June. In February, these individuals accounted for 27.7 percent of the unemployed.

Here comes the ney sayers! The so-called 94 million Americans not working. Of course, ignoring the obvious and the reasons to why.

Now if you're saying that the stay at home parent, the full-time college student, the disabled, the incarcerated, those under 15 years old, those who just retired and those who passed away, I guess that's you're 94 million not working.

The fact-checkers continue to remind conservatives that their assessment of the unemployment is wrong. It wouldn't matter, conservatives and Republicans are two feet in the manure.

Conservatives are boneheads. Of course, they're pitch is to cut government jobs. Ted Cruz would eliminate the IRS, meaning putting government workers on the street. Donald Trump wants to eliminate the Department of Education and Common Core. Once again, making students lack even more education, force religious theories upon non-religious students, and keep them in poorly funded schools.

They want to eliminate the Environmental Protection Agency which controls the water, air and soil. Seeing we're experience a crisis in Flint water supply, eliminating the EPA could make it harder to detect deadly chemicals and lead in the water.

They all want to repeal Obamacare. If they eliminate the healthcare law, then millions of newly registered and those with pre-determined conditions could lose their insurance. Their insurance rates will skyrocket and people will avoid hospitals. The Zika virus, Ebola, and the HIV virus are going to rise and we're going to have a pandemic.

President Barack Obama took the job rate from 10,9 to 4.8 in his years in office, Regardless of what his critics say, he's done a pretty damn good job getting Americans back to work. No thanks to the Republicans.

Friday, February 26, 2016

Marco Rubio Forgot The President Is Black! By The Way He's A Democrat!

Rubio says that he, Ted Cruz and Ben Carson being on stage is a sign of diversity. He said that being endorsed by Nikki Haley and Tim Scott shows the Republicans are the party of diversity.


One thing I managed to catch at the Republican debate is the comments by Marco Rubio. He said that the Republican Party is the most diverse party because they have two Hispanic lawmakers and a Black neurosurgeon on stage.

Given the possibility the party may nominate another old White guy, Rubio desperately played the race card at the CNN debate.

Republicans are struggling to win Hispanics and Black voters. Despite the Republican candidate's bold claims about the party being the most diverse, the party is also too damn conservative and too damn White.

Rubio, Cruz and Ben Carson make up about 10% of the Republican Party's diversity. The party is 90% WHITE and 10% EVERYTHING else.

The Republican Party is White like cocaine. They may have minorities in the party, but the policies and their rhetoric isn't diverse. It's pretty damn condescending and outright bigoted.

Donald Trump's rise could bring Blacks and Hispanics voters into the fold. Some are tempted to vote for the controversial media mogul.

I see Donald Trump as Arnold Schwarzenegger. He will bankroll on his celebrity status to win. His bombastic and witty charm woos conservatives and some Democrats.

Given the possibility of Trump winning the election is strong. I don't want to believe it, but it could happen if you don't help the Democrat win. Hillary Clinton or Bernie Sanders aren't strong contenders and it's going to be a bumpy road for the Democrats. Given Obama fatigue and an inspired Republican voter base, the Democrats got to win back voters.

It's likely a Democrat could beat the Republican nominee. But given the circumstances, it's going to be a TOSS UP.

Trump has tapped into the populist rage that fuels the anti-government resentment towards lawmakers.

John Kasich, Marco Rubio and even Ted Cruz are considered establishment. Cruz calls himself the best choice to take on Washington. But he's been in Washington for two years and haven't really accomplish much since. He's been more of a talker and not a doer. That's hurting him in the race.

Rubio is also the same. Rubio won on the wave of insurgency. He and Rand Paul were elected in 2010 and they been in the senate for most of their term doing absolutely nothing. Even the compromise to immigration reform that was sponsored by Rubio was voted down by him.

When it comes to diversity the Republican Party has a long way to go before it can truly be a diverse party.

Remember the Democratic Party nominated and the American people elected twice the first Black president.

The first Black U.S. Supreme Court justice was picked by a Democrat.

The first Hispanic woman to serve as a U.S. Supreme court justice was picked by a Democratic president who happens to be Black. The first Black man and woman were nominated and confirmed as the Attorney General of the United States.

The first woman as the Speaker of the House is a woman.

The current front runner in the race is a woman. Her opponent is the first Jewish candidate to run.

The Democratic Party's chairperson is a lawmaker who is a woman.

Under a Democratic President who happens to be Black, marriage equality is legal in the United States.

Marco Rubio, Ben Carson, Ted Cruz as well as Donald Trump and John Kasich aren't friends of the Black and Hispanic communities. They're a bunch of myopic dicks.

Shout out to comedian/talk radio host John Fugelsang for also catching the Rubio-Bot self-destruct!

Friday, February 05, 2016

Cold Hearts!


Win for the Obamas. They will do the Superbowl interview on Sunday.

In the month of January, the U.S. job market added 151,000 jobs, bringing the unemployment rate to 4.9% for the first time since February 2008 before the recession hit.

President Barack Obama has brought the economy back to the normal and yet he gets no credit from his Republican and conservative opposition. Of course, the ridiculous talking point of XX million Americans not working will once again come up in discussion.

They ignored the obvious factors to why such factors exist. They can't figure out that for ever 35 seconds there's birth and death. For every 50 seconds there's a person either getting hired, quitting their job or getting fired from a job. There's a lot of students attending full time college and high school. Some people declare their retirement. Some people were arrested for criminal acts.

It's a part of life that some conservatives fail to realize. That if 1/3 of the United States isn't working, how come the job rate is so freaking low. That means over 95% of Americans are actively working or in the search of finding jobs.
Jobs aplenty.
 U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but surging wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm.

Data for November and December was revised to show 2,000 fewer jobs created than previously reported. Economists polled by Reuters had forecast employment increasing by 190,000 and the jobless rate steady at 5 percent.

Also taking the sting from the softer payrolls number, employers increased hours for workers. Manufacturing, which has been undermined by a strong dollar and weak global demand, added the most jobs since August 2013.

The sharp step-down in job gains from the fourth quarter's brisk clip largely reflected payback after the warmest temperatures in years bolstered hiring in weather-sensitive sectors like construction. January employment also lost the lift from the hiring of couriers and messengers, which was buoyed in November and December by strong online holiday sales.

But coming in the wake of an abrupt slowdown in economic growth in the fourth quarter and a sharp stock market sell-off, the closely watched employment report could add to concerns the U.S. economic outlook was deteriorating.

Federal Reserve Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with growth in the working age population.

Against the backdrop of tightening financial market conditions, the deceleration in employment growth could further undercut the case for a Fed interest rate hike in March. The U.S. central bank raised its short-term interest rate in December for the first time in nearly a decade.

Thursday, January 14, 2016

The Cash Fever Cured!

If you're not the winner from California, you're probably returning back to work.

You're going to work a few dollars short. The winner(s) of the $1.6 billion Powerball jackpot will have to take a lifetime off. Trust me, the winner of the Powerball will likely have to disappear.

Chino Hill, CA is the first confirmed location for the country's historical jackpot.

The jackpot is huge.

So as we wait for the winner of the jackpot ticket to come forth, many others have their bets on at least getting some of their money back.

So far, the clerk at 7-Eleven in Chino Hills will have a huge bonus for selling the ticket. Probably the company itself will get the bragging rights.

Oh thank heaven for 7-Eleven.

Okay, here's the winning Powerball numbers.

4-8-19-27-34 | PB 10 (2X)

Congratulations to the winners of Powerball.

Powerball and Mega Millions are played in 44 States, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.

Wednesday and Saturday at 11pm (EST) is when the Powerball is played. It cost $2.00. The PowerPlay option is $1 and can be played for a multiplier. The closing bet time is 10pm (EST).

YOU MUST BE 18 YEARS OR OLDER TO PLAY MULTI-STATE LOTTERY ASSOCIATION GAMES.

YOU CANNOT CANCEL POWERBALL, MEGA MILLIONS OR ANY MULTI-STATE LOTTERY ASSOCIATION GAMES. 




Wednesday, January 13, 2016

State Of The Union!

Final year for President Barack Obama and he vows to do more.

The final State of the Union Address for President Barack Obama had wrapped up and the agenda for the year is set.

Of course, with a Republican majority, will it be possible for the agenda to be accomplished?

Rep. Paul Ryan (R-WI) got his first opportunity to sit in the big kid's chair. As the House Speaker, Ryan is now determined to get the House of Representatives in order. After a continuous year of battles, Ryan is hoping to get the advantage.

Handful of Republican lawmakers, Supreme Court Justices Antonin Scalia, Clarence Thomas and Samuel Alito skipped the State of the Union again. 

South Carolina's Nikki Haley, the two term Republican governor delivered the response. 

Let's cut to the chase.

The president laid out a simple agenda. He wants to raise the minimum wage. He wants to enact reasonable gun control measures. He wants to improve on infrastructure. He asks of Congress to approve his use of force against the Islamic State. He appointed Vice President Joe Biden to head up a committee on how to fight cancer. He asked for more tax cuts. He praised Ryan for his leadership. He knocked on Donald Trump, Sen. Ted Cruz, Chris Christie and Rand Paul. He said that his biggest regrets was seeing Washington be so freaking divided.

I didn't get to capture every moment on television but I want to be clear that I enjoyed the speech.

Anyway, here's the video of the president and Haley.

No Tea Party Response or other unofficial Republican responses.



Friday, January 08, 2016

Winter Bliss!

The president delivers his last State of the Union. As he goes in, the unemployment rate is at 5%.

The jobs report for the month of December released some good news for the economy. The unemployment rate remains unchanged at 5%. 

Looks like the economy is back on the right track despite the noise being churned by agitators in the conservative media saying that 1/3 of the United States not working.

94.3 million are not working. Of course, if you do the math, you actually would say that less than 10 million aren't working.

Because death happens everyday. Births happen everyday. Someone is incarcerated in the iron college. Someone just quit their job. Someone just got fired from their job. Someone retired from their job. Someone was just laid off from their job. Someone is going to school full time. Someone is attending high school. Someone is attending college. Someone is often homeless. Someone is disabled. Someone has given up on their job. Someone has changed majors. Someone got promoted.

And this is never mentioned by the agitators in the junk food media. Because it would be simple to tell half-truths instead of the actual truth.

President Barack Obama's policies are working.

Conservatives have often bitched about the unemployment numbers being fudged.
Inept leaders Rep. Paul Ryan (R-WI) and Sen. Mitch McConnell (R-KY). The House Speaker and Senate Majority Leader have pass a resolution to eliminate Obamacare. It will be vetoed by President Barack Obama.
The labor market ended 2015 on a roll as employers added a blockbuster 292,000 jobs last month, underscoring that the U.S. economy remains on solid footing despite weakness in China and this week’s brutal market selloff.

The unemployment rate was unchanged at 5%, the Labor Department said Friday.

Economists surveyed by Bloomberg expected 200,000 job gains, according to their median forecast.

Businesses added 275,000 jobs, led by professional and business services, healthcare and construction.. Federal, state and local governments added 17,000. In another positive sign, job gains for October and November were revised up by a total 50,000. October’s was upgraded to 307,000 from 298,000, and November’s, to 252,000 from 211,000.

“This jobs report is pretty reassuring that the slowdown in (fourth-quarter economic growth) is not a prelude to a flattening in the economy,” says Stuart Hoffman, chief economist of PNC Financial Services Group. “GDP growth is likely to speed up” next year.

Many economists expected the December tally to be somewhat inflated by unusually warm weather that could have spurred hiring by construction firms, restaurants and retailers. Construction, in fact, added 45,000 jobs last month and 128,000 in a fourth quarter characterized by generally balmy temperatures across much of the country. And restaurants and bars added 37,000 in December.

Still, the economy gained a healthy average of 221,000 jobs a month in 2015. In 2014 ,260,000 new jobs a month were created, though that marked a 15-year high.

Economists had said a weak showing in December could signal that the global turmoil was shaking business confidence and hiring. A similar scenario appeared to play out in August and September, when payroll growth slumped before rebounding strongly the next two months. Back then, reports about China’s economic slowdown sent stocks tumbling, as they have in recent days.

Other labor-market indicators, though, have been encouraging. Payroll processor ADP estimated that businesses added a better-than-expected 257,000 jobs in December and an index of service-sector activity showed a pickup in hiring. Initial jobless claims, a reliable barometer of layoffs, hovers at prerecession levels.

At the same time, measures of manufacturing employment, online job ads and auto sales declined last month, leading some analysts to predict that job growth slowed.

Friday, December 04, 2015

Holiday Cookies!

The final year begins in January.

The final jobs report for the year comes out and it seems like President Barack Obama is smiling all the way. The unemployment rate remains unchanged but it did net over 211,000 jobs.

U.S. job growth increased solidly in November in a show of the economy's resilience, which most likely paves the way for the Federal Reserve to raise interest rates this month for the first time in nearly a decade.

Nonfarm payrolls increased 211,000 last month, the Labor Department said on Friday. September and October data was revised to show 35,000 more jobs than previously reported.

The unemployment rate held at a 7-1/2-year low of 5 percent, even as people returned to the labor force in a sign of confidence in the jobs market. The jobless rate is in a range many Fed officials see as consistent with full employment and has dropped seven-tenths of a percentage point this year.

Federal Reserve chief Janet Yellen may raise the federal interest rate. She believe the government is healthy enough for the interest rate to increase to at least 4%.

Yellen said the economy needs to create just under 100,000 jobs a month to keep up with growth in the working age population.

The Fed's policy-setting committee will meet on Dec. 15-16. Market-based measures of Fed policy expectations assign a probability of 79.1 percent to the central bank's raising interest rates at that meeting, according to the CME Group’s FedWatch site.

The dollar extended gains against a basket of currencies, while prices for U.S. government bonds fell. U.S. stock futures extended gains.

The second month of strong job gains should allay fears the economy has hit a soft patch, after reports showing tepid consumer spending in October and a slowdown in services industry growth in November. Manufacturing contracted in November for the first time in three years.

Though wage growth slowed last month, economists say that was mostly payback for October's outsized gains, which were driven by a calendar quirk. Anecdotal evidence, as well as data on labor-related costs, suggest that tightening job market conditions are starting to put upward pressure on wages.

Average hourly earnings increased four cents, or 0.2 percent from 0.4 percent in October. That lowered the year-on-year reading to 2.3 percent from 2.5 percent in October. The average workweek, however, dipped to 34.5 hours from 34.6.

Other labor market measures that Fed officials are eyeing as they consider lifting the benchmark overnight interest rate from near zero were mixed.

The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, rose to 62.5 percent from a near 38-year low of 62.4 percent.

But a broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment rose one-tenth of a percentage point to 9.9 percent.

Employment gains in November were broad-based, though manufacturing shed 1,000 positions and mining lost 11,000 jobs.

Manufacturing has been crippled by a strong dollar, efforts by businesses to reduce bloated inventory and spending cuts by energy companies scaling back well drilling and exploration in response to sharply lower oil prices.
House Speaker Paul Ryan's (R-WI) first months as House Speaker have been so far "fair" to say at least.
Mining employment has declined by 123,000 since reaching a peak in December 2014. Three quarters of the job losses over this period have been in support activities for mining.

Oilfield services provider Schlumberger (SLB.N) this week announced another round of job cuts in addition to 20,000 layoffs already reported this year. The company said it expected the slowdown in drilling activity to continue in 2016.

Construction payrolls increased 46,000 last month. With 163,000 jobs added, the services sector accounted for the bulk of the increase in employment last month. Retail jobs rose 30,700 and transportation and warehousing employment rebounded after two straight months of declines.

Professional services added 27,000 jobs and government payrolls increased 14,000 last month.

Of course, the conservative agitators will not accept this good news. They keep repeating the debunked talking points that over 94.6 million people are unemployed.

And I will continue to tell you that 1/3 of the U.S. population is either in the iron college, attending high school or college, disabled, retired or dead.

Republicans have not passed any legislation to create jobs. They've shown the world that they're incapable of governing. They won power to just showboat their ignorant agenda.

Newsflash: We have mass shootings in the United States. People are dying because of gun violence everyday. Over 245,000 people have been killed by firearms. We have a large generation of retiring people. We are going through a baby boom. We are having more people quit their jobs in search of better jobs. We have people in college, high school, and vocational school. We have people on disability.

Friday, November 06, 2015

Turkey Jerky!

Rep. Paul Ryan (R-WI) in 2010 meets with President Barack Obama.

Well it seems like the ney sayers will have an opportunity to debate the October jobs numbers.

It seems like House Speaker Paul Ryan (R-WI) and Majority Leader Mitch McConnell (R-KY) will have to find some reason to attack the president for 95 million people not working.

Conservatives are fucking stupid. They seem to be fixated on this notion that 95 million people not working. If 95 million people aren't working, then 1/3 of the nation isn't working.

So that means over a third of 320 million Americans are determined to be lazy gubmint leeches right?

Nevermind the incarcerated, the disabled, the retired, the underage, those attending college and the dead. Nevermind those who felt confident to quit their jobs. Nevermind those who were laid off, fired, or temporarily hired for a selective period.

To spread a misleading statement as fact is the reason to why Ben Carson and Donald Trump in the lead. That helped Sen. Ted Cruz (R-TX) and Sen. Marco Rubio (R-FL) gain momentum.

Anyway, the unemployment drops to 5 percent after it was revealed 271,000 jobs were recorded for the month of October.

This strong jobs report may push Janet Yellen, the Federal Reverse chief to push the interest rate up.

Employment gains in October were broad-based, though manufacturing added no jobs and mining shed 4,000 positions.

Manufacturing has been hit by a strong dollar, efforts by businesses to reduce bloated inventory and spending cuts by energy companies cutting back on well drilling and exploration in response to lower oil prices.

Mining employment has declined by 109,000 since peaking in December 2014. Oilfield services provider Schlumberger last month announced further layoffs in addition to the 20,000 jobs it has already eliminated.

Construction payrolls, however, increased 31,000 last month, the biggest gain since February.

The services sector added 241,000 jobs last month, with large gains in retail, health and leisure. Government payrolls increased 3,000 last month.

It seems like the president and Secretary of State John Kerry will also reject the building of the controversial Keystone XL pipeline. TransCanada put a lot of influence in the Congress. They were bidding for lawmakers to support the measure. Many Republicans claim the pipeline will create 30,000 jobs. Many Democrats said that tar sand oil could be dangerous to the environment.

Republican passed a bill supporting the pipeline. The president swiftly vetoed the bill and it died.

The pipeline would cut through a lot of properties. A lot of people have to lose land due to government seizure of land.

What could happen if there's an earthquake and the pipeline is ruptured?

Once the pipeline is completed, how many jobs will it take to work on the pipeline?

The Justin Trudeau effect helped a lot.

Trudeau who won the Canadian national elections to become the next prime minister. He opposes the Keystone XL pipeline.

Thursday, October 29, 2015

House Weeper Paul Ryan!

Will it get better? -  Rep. Paul Ryan (R-WI)

The former vice presidential nominee is now third in line in the power of succession. The House of Representatives voted today to place him at the gavel. He will now have the difficult task of trying to get the House in order.

The Republican lawmaker from Janesville was really reluctant to take the task, but for the sake of the party, he decided to jump into this.

Paul Davis Ryan, you got a big House. Mr. Ryan, the pressure is now on you to work with President Barack Obama and the members of Congress.

You will be the third Midwestern lawmaker to become the most powerful (and yes gullible) lawmaker in the country. You will be issued Secret Service detail and a cool perks being the House Speaker. You are going to make tough decisions that may help or hurt the country.

Many in the insurgency thought Ryan will be willing to compromise with the Democrats. Ryan also said that he will work with the president. He warned Republicans that he will not cave to pressure from either the president or a handful of insurgents.

The White House has called the new Speaker and wished him well.

His predecessor Rep. John Boehner (R-OH) said that he will get the budget and debt ceiling debacle completed before he steps down. Today the House had passed the legislation. The senate will take up the measure. Of course, I am guessing that Sen. Rand Paul (R-KY) and Sen. Ted Cruz (R-TX) will find ways to derail the deal.

He was the chairman of House Ways and Means committee. He held that position for a couple of years now.

Picking him was a controversial move.

The 1st Congressional District has a Cook PVI rating of Republican +3. His district is a swing that leans Republican.

Rep. Paul Ryan (R-WI) will now continue his reign on World News Today.

Friday, October 02, 2015

Pumpkin Pie!


Looks like the economy is stalling again. With China's economy stalling, global markets have seen a decrease in progress. China's economy is big enough to take everyone down. 

U.S. employers added only 142,000 jobs in September keeping the unemployment rate stalled at 5.1%. That release closes out the Summer. Showing that a weak jobs report will result in the usual partisan blame game.

Weak job numbers assure conservatives the talking points saying President Barack Obama's policies have the country going in the wrong direction. Weak job numbers assure liberals the talking points saying the Republican controlled Congress have the country going in the wrong direction.

Average hourly earnings up just 2.2 percent from last year.

Employers decided to halt hiring causing a ripple effect on the economy. For the last two months, wages and hiring fell raising doubts on the economy. Is it strong enough? 

With the service and manufacturing industry cutting hours and positions, many are finding it harder to obtain a better job. 
Rep. Steve Scalise (R-LA), Rep. Kevin McCarthy (R-CA) and Sen. Mitch McConnell (R-KY)
U.S. factories are feeling the global chill and shed 9,000 jobs in September after losing 18,000 in August, according to the Labor Department's survey of employers.

The recent pace of job growth should have been enough to push the unemployment rate lower because only around 100,000 new jobs are needed a month to keep up with population growth.

But the jobless rate held steady at 5.1 percent. The unemployment rate is derived from a separate survey of households that showed 350,000 workers dropping out of the labor force last month, as well as a lower level of employment.

Average hourly wages fell by a cent to $25.09 during the month and were up only 2.2 percent from the same month in 2014, pointing to marginal inflationary pressures. 

Monday, September 28, 2015

Kevin McCarthy: I Promise I Won't Cry When I'm Speaker!

Does Kevin McCarthy have the juice? 

Soon I will add Rep. Kevin McCarthy (R-CA) to the list of many here on World News Today. The California congressman who became a rising star since the departure of Eric Cantor is thinking about becoming the next House Speaker.

K-Mac is the Republican Majority Leader. He represents the 23rd U.S. Congressional District of California. The district carries Bakersfield, a large city with a population of 376,000 residents.

The current district is centered in areas of the southern San Joaquin Valley and southern Sierra Nevada, the Tehachapi Mountains, and the northwestern Mojave Desert. It includes the cities of Mojave and Ridgecrest, as well as most of Bakersfield. Sequoia National Park and Sequoia National Forest are within it.

If he's picked to become the new Speaker, he will have a lot of work ahead of him. He will face an already invigorated President Barack Obama. Obama has won the summer.

Obamacare survived another Supreme Court challenge. Marriage equality is valid in the all states and territories. The Iranian deal will go into effect. Cuba and the United States are establishing friendly relations. Planned Parenthood will not be defunded.

Conservatives are demanding Republicans stand firm against Obama or face a primary challenge.

The president promises that anything the Republicans pass will fail. He concludes that the Republican civil war is damaging the party and hurting the country. The party has become more extreme in their views.

Rep. John Boehner (R-OH) the outgoing Speaker of the House blasted the insurgency. He believes that Sen. Ted Cruz (R-TX), Sen. Rand Paul (R-KY), Rep. Louie Gohmert (R-TX) and Rep. Steve King (R-IA) are false prophets. He believes these politicos are fucking stupid.

He announced on Friday that he's bouncing out of Congress effective immediately. In late October, Boehner will give up his role as the House Speaker and representative. He basically said to Republicans, "Fuck you! I'm Out! Good luck on getting things done with Obama!"
Rep. Kevin McCarthy (R-CA) may become the new House Speaker. Rep. Nancy Pelosi (D-CA) and Rep. John Boehner (R-OH) were Speakers of the House. President Barack Obama believes Republicans infighting causing government shutdown.
Boehner's congressional district is up for grabs. Insurgents are looking to replace him, A right wing bigot sheriff named Richard Jones is considering a run for the seat. The Butler County Sheriff is willing to take his anti-immigrant, anti-BlackLivesMatter rhetoric to Washington, DC.

McCarthy on the other hand is hoping the Republicans will give him a chance. The insurgents are really happy with picking McCarthy as the new House Speaker.

Matter of fact, Rep. Daniel Webster (R-FL) is plotting to derail McCarthy's coronation.

The insurgent lawmaker announced his bid to become the speaker as well.

The insurgent and establishment are showing teeth. The departure exposed some real bad tension between Republicans.

Kevin Owen McCarthy (born January 26, 1965) is the House majority leader of the United States House of Representatives and the U.S. representative for California's 23rd District.

A Republican, he was formerly chairman of the California Young Republicans and the Young Republican National Federation. McCarthy worked as district director for U.S. Representative Bill Thomas and in 2000 was elected as a trustee to the Kern Community College District. He then served in the California State Assembly from 2002 to 2006, including from 2004 to 2006, as the minority leader. When Thomas retired from the House in 2006, McCarthy ran to succeed him and won the election.

The 23rd district, numbered as the 22nd District from 2007 to 2013, is based in Bakersfield and includes large sections of Kern and Tulare counties.

McCarthy was elected House Republican chief deputy whip, from 2009 to 2011, and House majority whip, from 2011 until August 2014, when he was elected House majority leader to replace the outgoing Eric Cantor, who was defeated in his primary election.

Saturday, September 26, 2015

Peter King: Boehner Gave These Assholes Everything!

Rep. Peter King (R-NY) said that the "crazies" are running the Republican Party.


The New York Republican is not mincing words to the shocking announcement of Rep. John Boehner (R-OH) stepping down as Speaker of The House in October.

He said that the Weeper of the House gave Republicans everything. They can't pass laws when the Democrats block them. And knowing you can't get everything you want, the insurgency refuses to concede.

The insurgency pissed Boehner off. He gave them the finger. On his way out, he said behind closed doors "Fuck all of ya. I'm out! Good luck on getting your agenda accomplished with Obama!"

Basically the departure of the Weeper is a good/bad thing. For my community, a really bad thing. Boehner, despite his blubbering and immature outburst is really popular in the Dayton and Cincinnati metro area. His departure left a seat open for an insurgent or Democrat to take. It's unlikely a Democrat could win a politically Republican district. The 8th U.S. Congressional District for Ohio is +14 Republican.

The good is Republicans can finally push their extremist agenda and eventually be uprooted out of power.
New blood is bad blood. Already controversy within leadership. Rep. Steve Scalise (R-LA, Majority Whip) had once worked with former Klan leader David Duke. The potential Speaker, Rep. Kevin McCarthy (R-CA, Majority Leader) will face obstruction from not only Democrats but the insurgency. Current House Speaker, Rep. John Boehner (R-OH) bouncing out in October.
At the Voter's Value Summit, as Sen. Marco Rubio (R-FL) delivered the news, the audience stood up and done backflips.

We can confirm that the civil war within the party gotten even uglier.

Rep. Peter King (R-NY) went off on the insurgency. “I think it signals the crazies have taken over the party, taken over to the party that you can remove a speaker of the House who’s second in line to be president, a constitutional officer in the middle of his term with no allegations of impropriety, a person who’s honest and doing his job. This has never happened before in our country," King said in an interview with CNN's Dana Bash on Friday. "He could have stayed on.”

Many of Boehner's allies have long complained about things not getting done because of a handful of insurgents who refuse to compromise.
House Weeper John Boehner (R-OH) once called Rep. Peter King (R-NY) a "shit head".
Rep. Kevin McCarthy (R-CA) is currently the Majority Leader. He may become the new Speaker.

He will face challenges from the insurgency. Rep. Louie Gohmert (R-TX) and a handful insurgents vow to disrupt the new speaker if Obamacare isn't repealed or Planned Parenthood defunded.

Minority Leader Nancy Pelosi (D-CA) is shaking her head. She was once a Speaker of the House.

Pelosi managed to get things done despite having the insurgency oppose her. She would be sent to the minority after the Republicans recaptured the House.

President Barack Obama has also spoke out to the news. He said that the party's internal struggles are the reasons to why government isn't working. Obama praised Boehner as a patriot.





Friday, September 25, 2015

Weeper Boehner Abruptly Resigns!

Weeper of the House resigns in late October. Rep. John Boehner (R-OH) resigning from Congress sent shock waves across the nation

Today, the Ohio lawmaker informed President Barack Obama and his Republican colleagues that he's resigning as House Speaker. He also will end as a term as a congressman in October. This cause a ripple effect in Washington.

With the most powerful Republican stepping aside, this assures a civil war within the party.

Republicans are solely responsible if they stand firm and shut down the government again.

Boehner blames the conservative agitators in the junk food media as well as them knucklehead insurgents for things not getting done. Some of the rational members are signaling a rebuke to the insurgents.

Boehner's abrupt resignation was quick. He faced pressure from conservative members to take a tougher stance against the president. The Republicans want to defund Planned Parenthood. It's highly unlikely the Republicans got the votes to defund the women's health group.

Weeper John Boehner (R-OH) was emotional during Pope Francis's visit to the Capitol. He was routinely mocked for being a "crybaby" and his glowing "orange tans".

Boehner who was reelected last year won easily in his district. The 8th Congressional District is based in Southwestern Ohio. The 8th district covers West Chester, Eaton, Oxford, Hamilton, Middletown, Troy, Piqua, Huber Heights, western Springfield and Greenville.

He also faced a challenge for his House Speaker role by knucklehead insurgents Rep. Louie Gohmert (R-TX), Rep. Ted Yoho (R-FL) and Rep. Dan Webster (R-FL).

He also watch his right hand man face an embarrassing defeat. Eric Cantor, Boehner's right hand man was defeated by an insurgent disrupting the chain of command. Rep. Kevin McCarthy (R-CA) quickly became the Majority House Leader.
Now you know how I feel, Mr. Speaker.
McCarthy is considering the possibility of being the House Speaker. No confirmation yet.

Boehner lives in West Chester. He's been a lawmaker since 1991. He was a the minority leader from 2007 to 2011. Boehner became the House Speaker in 2011 after the Republicans took control over the House of Representatives.

He released a press release to the reason why he's resigning.

"The first job of any Speaker is to protect this institution that we all love. It was my plan to only serve as Speaker until the end of last year, but I stayed on to provide continuity to the Republican Conference and the House," Boehner said in a statement. "It is my view, however, that prolonged leadership turmoil would do irreparable damage to the institution. To that end, I will resign the Speakership and my seat in Congress on October 30."

Senate Majority Leader Mitch McConnell (R-Ky.) praised Boehner on the Senate floor Friday.

“He is an ally. He is a friend. And he took over as Republican leader at a difficult time for his party," he said.

Boehner's supporters and the top Democratic leaders complained that Republicans are too goddamn extreme. Minority Leaders Nancy Pelosi (D-CA) and Harry Reid (D-NV) are praising Boehner for at least putting up with such obstruction. But quickly said that a government shutdown is coming and they warn that the ripple effects could hurt the nation.

Reid is retiring from the Senate. He cites his eye injury and Republican obstruction for his departure.

"By ousting a good man like Weeper Boehner -- someone who understood the art of compromise -- the party of Eisenhower and Reagan is no more," he said.

House Minority Leader Nancy Pelosi called Boehner's resignation "seismic," adding that it was "a stark indication of the disarray of the House Republicans."

Rep. Tim Huelskamp (R-KS) said that Boehner had resigned because he knew that he could lose his position.

"There's no question conservatives had a victory here," he said. Huelskamp is a member of the House Freedom Caucus, the group that was trying to oust Boehner.

But Rep. John Shimkus (R-IL) said that Boehner was sacrificing his position for the good of the conference.

"I think that following the pope's visit -- this is sacrificial love on his behalf to strengthen the Republican conference. It's really amazing and unheard of in modern-day politics," he said.

Across town, a group of social conservatives were gathered for the start of the annual Values Voter Summit, where dozens of politicians were scheduled to speak over the next few days. Sen. Marco Rubio (R-FL) delivered the news of Boehner's resignation to the summit to huge cheers and a standing ovation from attendees, underscoring the opposition Boehner often faced from within his own party.

Asked about the resignation, Sen. Ted Cruz (R-TX) skipped over the pleasantries and went straight to criticizing Boehner -- without naming him -- and McConnell for making promises to conservatives and not keeping them. Cruz is running for the Republican nomination. He is a relatively unaccomplished politico. He is cited as one of the reasons to why Republicans are too extreme.
Friends to the end. Rep. Nancy Pelosi (D-CA) and Sen. Mitch McConnell (R-KY) lose two allies.
"I have long said leadership decisions are decisions to be made by the House, but I have also long called on Republican leadership to do something unusual, which is lead,” Cruz said at a press conference hosted by Liberty Institute. “To actually stand up and honor the commitments that we made to the American people. There’s a frustration across this country. It is volcanic. And it’s not complicated to understand.”

Cruz did not give a yes or no answer when asked whether McConnell should step down as well, saying it is "a question for Leader McConnell and for the Republican conference." He said he would "sing their praises," though, if they stood up to lead, referring to Boehner and McConnell.

Twice during a nearly two-hour meeting between Boehner and Republicans at the Capitol on Friday applause could be heard from inside the room.

Rep. Kevin Cramer (R-ND) came out teary-eyed and started choking up when asked what he thought of Boehner's resignation. Cramer said that Boehner recited the prayer of Saint Francis when announcing his resignation to House Republicans Friday morning.

"It's kind of like the announcement of a death," Cramer said.

"A lot of really small people look smaller, and he looks bigger," he said. "And why not, why not let the guy who's always taken all the slings and arrows for us, take it one more time."

Rep. John Flemming (R-LA) said Boehner played his decision close to his vest and that even Majority Leader Kevin McCarthy (R-CA) didn't know about it until the announcement.

Boehner had been scheduled to speak with reporters Friday morning after meeting with Republicans, but left the meeting by a back door and didn't talk to the press.



Friday, September 04, 2015

Ain't No Half-Steppin'!

Jobs aplenty and conservative agitators complaining.


Okay, once again the agitator dissect the latest job numbers for the month of August. The unemployment rate drops to 5.1% and it's netted a reasonable 176,000 jobs.

The jobs numbers for the final month of Summer netted less than expected. However, hiring is still going on.

Indicating that the slowdown in job growth was likely not reflective of the economy's true health, payrolls data for June and July were revised to show 44,000 more jobs created than previously reported. In addition, average hourly earnings increased 8 cents and the workweek rose to 34.6 hours.

While the report may not change views that the U.S. economy remains vibrant amid volatile global financial markets and slowing Chinese growth, it could make Fed officials hesitant to push borrowing costs higher at a policy meeting on Sept. 16-17.

In the wake of a recent global equities sell-off, financial markets significantly scaled back bets on a September rate hike over the past month. But Fed Vice Chairman Stanley Fischer told CNBC last week it was too early to decide whether the stock market rout had made an increase less compelling.

Still, the labor market is improving and adds to a string of upbeat data, including figures on automobile sales and housing, that has suggested the economy was moving ahead with strong momentum early in the third quarter after growing at a robust 3.7 percent annual rate in the April-through-June period.

The jobless rate's two-tenths of a percentage point drop took it to its lowest level since April 2008 and brought it into the range that most Fed officials think is consistent with a low but steady rate of inflation.

A broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment fell to 10.3 percent, the lowest since June 2008, from 10.4 percent in July.

Jobs gains were spread across nearly all sectors of the economy in August. The energy and manufacturing sector, which are grappling with last year's sharp drop in crude oil prices and a strong dollar, were the exception.

Construction payrolls rose 3,000 last month on top of the 7,000 jobs added in July. Mining and logging employment fell by 10,000 jobs last month. Manufacturing payrolls fell 17,000, despite robust demand for autos.

The increase in hourly earnings left them 2.2 percent above their year-ago level, still well below the 3.5 percent growth rate economists consider healthy. Some analysts think earnings are being held back by falling wages in oil field services.

But a tightening labor market and decisions by several state and local governments to raise the minimum wage should eventually translate into faster earnings growth and give the Fed confidence that inflation, which collapsed with oil prices, will move closer to its 2 percent target.

A number of retailers, including Walmart, Target and TJX Cos, have increased pay for hourly workers.

Another thing. The idiocy of our politicians and agitators in the junk food media. The 93 million not working comments from concern trolls. Donald Trump, Ted Cruz and that network with the many agitators on made this bold claim that 1/3 of the U.S. population is not working.

Okay, there's 323 million Americans.

Let's put it all into perspective. First things first, for every birth. Do you believe that a newborn should be working. There's probably over 145,000 births a day.

Okay there's death. There's probably over 350,000 deaths a day.

Those who are between the age of 1 to 15. There's probably over 80 million children living.

Those who are in the iron college. There's probably over 5 million in iron college.

Those who are in high school or college (age 16 - 25) there's probably 5 million of those not working but attending full time at a high school or college.

Then those who have retired, physically disabled,  laid off or unemployed with no payroll.

Those people make the remaining amount of non-working individuals.

There's approximately 10 million active body people not working in the labor force.

Quit the lying and tell the truth.

Wednesday, September 02, 2015

Democrats Nervously Support Iranian Deal!

The Democrats finally got balls. The Democrats vows to defeat any Republican attempt to block the Iranian deal. The president praised the decision. Some Democrats will aid Republicans in its defeat. Sen. Chuck Schumer (D-NY) opposes the deal. Minority Leader Harry Reid (D-NV) and Sen. Dick Durbin (D-IL) support the deal. 

The House and Senate Democrats who support the president will be rewarded by their supporters.

The controversial Iranian deal sponsored by the Six Powers with the U.S. leading the way has enough to withstand a Republican sponsored bill condemning it. Republicans believe the deal doesn't go far enough.

The president will likely veto any attempts to derail the Iranian deal.

The battle is over before it even began. There are 34 Democrats in the senate on board with the deal. The House has enough votes as well.

The Iranian deal will lift sanctions against Iran if they comply to limiting their nuclear ambitions and allow inspectors into the nuclear facilities. The deal also seals a possible truce between the U.S. and Iran.

The war chicken Israeli prime minister Benjamin Netanyahu has sent his allies into the states to lobby Republicans and Democrats to oppose the deal.

Netanyahu and President Barack Obama have a testy relationship. This year, Netanyahu appeared for a Joint Session of Congress to denounce the deal. He was invited by House Weeper John Boehner (R-OH). The president condemned the move as an attempt to have American influence on Israeli elections.

The Republican contenders in the clown car vow that the deal will end if they're elected.

Thursday, July 02, 2015

Summer Madness!

President and First Lady Obama greet Girl Scouts outside the White House. The best two weeks for the president. Affordable Care Act is here to stay, marriage is equal, and the jobs market is improving. Also the White House now allows photos. Great day for Barack Obama.

The good news is that 225,000 jobs were reported for the month of June. The unemployment rate has dropped to 5.3%. Thus sealing a set of two good weeks for a president most in the media written off as a lame duck.

President Barack Obama's policies have improved the economy.

His executive order also gives salaried workers who make less than $50,000 a pay raise. It's a temporary fix until the lame Congress officially pass a worker's pay bill which includes an adjustment to the minimum wage.

The AP reports the Labor Department said Thursday that the unemployment rate dropped from 5.5 percent in May. The rate fell mostly because many people out of work gave up on their job searches and were no longer counted as unemployed.

Other details in the report were less encouraging: The percentage of Americans working or looking for work fell to a 38-year low. Average hourly pay was flat. And employers added 60,000 fewer jobs in April and May than the government had previously estimated.

For the first five months of 2015, monthly job growth averaged 217,000, a healthy streak that has been steadily absorbing the unemployed as well as part-time workers looking for more hours.

That job growth has raised economists' expectations that the Fed will soon boost the key short-term rate it controls in September or, if not, in December. The Fed has kept that rate at a record low near zero for 6½ years to support the economy. A Fed rate hike would lead to higher rates for mortgages, auto loans and other borrowing.

Strong hiring has endured this year despite a miserable winter, which helped cause the economy to contract 0.2 percent at an annual rate in the January-March quarter.
Politifact rated Stallmigo Ted Cruz (R-TX) statements on unemployment false. He took that talking points from an annoying conservative agitator and used it for his attacks.
The job gains show that employers are increasingly confident that their customer demand will keep growing. Their willingness to hire in anticipation of greater demand marks a shift from earlier in the economic recovery, when many businesses tended to hire only when essential.

A survey of purchasing executives at manufacturing firms released this week found that factories reported a scant rise in orders in June but ramped up hiring anyway.

Americans are finally spending more after boosting their savings earlier this year, in part because they're growing more confident about the economy. The Conference Board said Tuesday that its consumer confidence index reached 101.4, matching March's figure for the second-highest level since the recession.

That's good news for auto dealers and real estate agents. Auto sales jumped to nearly a 10-year high in May. The National Automobile Dealers Association forecasts that sales will top 17 million this year for the first time since 2001.

And home sales are running at an eight-year high and boosting construction. Permits to build homes jumped 11.8 percent in May to the highest level since 2007.

Good news pisses this old fart off.
Most economists now expect economic growth to reach an annual rate of 2.5 percent in the April-June quarter and 3 percent in the second half of the year.

The workforce rate dropped to 62.5%. The lowest since 1977. That means a slight improvement from normal figures.

The jobs report for the month of June comes roaring like a lion and the conservative agitators are still devoted to making the ridiculous claim that 93 million people not being in the workforce. Of course, they don't explain to their stupid followers that it's based on statistics not policies.

The biggest nay sayer in the junk food media is an old fart. That old fart is Rush Limbaugh.

Jobs are being loss. Yeah, because the radio stations keep you and that annoying conservative agitator Sean Hannity on the radio. You squeeze out the local agitators. For you see, if you see an old fart like Rush Limbaugh dominate 573 radio stations across the country, he already destroyed 80 jobs.

It already cost a lot to put this piece of shit on radio. He's not profitable. When they kick him off the radio station, that puts people out of jobs. Matter of fact, the progressive radio stations have to sell their stations to accommodate to you. So that means you put agitators like Thom Hartmann, Stephanie Miller, Bill Press and Alan Colmes on the street. They don't have the 500 stations. They barely have 50 affiliates.

In reality, if you have a bunch of people not in the workforce, I am guessing that some are not looking for service jobs. Many careers for a post graduate are not hiring. Construction is up. I mean when it rains or when the working season is over, construction is halted.

Out of 320 million people, there's over 56 million people who are leaving the job force through retirement. At least 100,000 people die in the United States a day. The baby boomers are retiring at a faster rate. There are 38 million people who are between the age of 16 - 25 either in high school or attending college. There are active college student that don't work.

So lumping in everything would make sense if you count the dead bodies, force the retired back to work, tell the disabled to get to work and tell children under 16 to pick up a job application.

Friday, June 05, 2015

The Boys Of Summer!

Haters are gonna hate. The jobs are coming and the ney sayers are complaining about it!

The U.S. Department of Labor released its jobs report for May. Another good day for the president, a lot of belly aching for the conservatives. The May jobs were around 280,000 giving the jobs rate a rise to 5.5%. This rise was due to an uptick in those who gave up on searching for jobs and those underemployed.

Nevertheless, another healthy jobs report means the president created more jobs than his predecessor.

But will the partisan agitators make noise about it?

Of course.

They can't tolerate good news in the country. They believe everything that President Barack Obama's done has ruined the country. The gas below $3.00 a gallon in most states, the unemployment numbers are below 6%, the stock market has improved, the world looks to the United States as a developing partner, and many are spending $$$$ on luxuries.

This ends a slump of slow job growth that seemed to hoover.

The AP added that last month's strong job growth suggests that employers remained confident enough to keep hiring even after the economy shrank during the first three months of the year. The government also revised up its estimate of job growth in March and April by a combined net 32,000.

Construction and health care companies the drove the May job growth. On the negative side, persistently cheaper oil led energy companies to shed workers for a fifth straight month.

Still, average hourly wages rose only 2.3 percent from a year earlier. Tepid pay gains has been a persistent problem for the economy.
Still bitching and whining.
Over the past three months, the economy has added an average of 207,000 jobs, a decent gain though lower than last year's average of 263,667.

Consumers, the main driver of the U.S. economy, remain fairly cautious. Factory orders have dropped. But Friday's solid jobs report could help confirm the economy's vitality.

Auto and home sales are accelerating despite otherwise slow-spending consumers. More big employers, such as Wal-Mart, have unveiled pay hikes.

Those factors could power faster growth, fuel job gains and boost wages. If they do, a broader economic recovery than the one that's existed in the six years since the Great Recession officially ended could emerge.

Over the past 12 months, around 3 million jobs have been added. Those additional paychecks helped increase spending on housing and autos. Sales of newly built homes have surged 23.7 percent through the first four months of 2015 compared with a year ago, government data show. Rising demand for new homes could lead construction firms to ramp up hiring.

Americans bought 1.64 million cars and trucks in May, the most since July 2005. If that trend were to endure, it would benefit a manufacturing sector that's added a scant 4,000 jobs since January.

Employers seem to be envisioning a healthier economy, given that the weekly number of people applying for unemployment benefits — a proxy for layoffs — has remained under a historically low 300,000 for more than four months. By holding on to nearly all their workers, businesses are ensuring that they will have the capacity to respond to greater customer demand.

But the economy faces other challenges. The dollar has appreciated about 19 percent in the past year against other major currencies. That trend has made U.S. goods costlier overseas, thereby squeezing exports and the U.S.-based branches of foreign companies.

Nor has cheaper gasoline delivered much help. Instead of sparking the wave of consumer spending that many economists had expected, a nearly 45 percent drop in oil prices since July has damaged a U.S. economy increasingly reliant on energy drilling. The energy industry has shed workers and cut orders for pipelines and equipment.

The setbacks have been substantial enough that the International Monetary Fund on Thursday said it thinks the Federal Reserve should hold off on raising short-term interest rates until 2016. IMF Managing Director Christine Lagarde, saying a rate increase could disrupt the economy, urged the Fed to await signs of wage growth.

Fed Chair Janet Yellen has said she expects to raise rates this year if the economy continues to improve, thereby ending nearly seven years of record-low rates.

Falling unemployment usually leads to fewer people seeking work, forcing employers to boost wages. But plenty of people are still searching for jobs. The aftermath of the recession has left 8.5 million people unemployed and seeking work, about 1.3 million more than were jobless before the downturn began in late 2007.

Companies often increase pay when their workers become more productive. Yet productivity fell at a 3.1 percent annual rate in the first quarter — a sharper drop than the decline estimated a month ago, the government said Thursday.

Monday, June 01, 2015

Ex-GOP House Speaker Got A Federal Case After Lying To FBI Over $$$$ To His Gay Lover!

Former lawmaker can't wrestle out of a federal indictment. Former Illinois Republican Representative Dennis Hastert is under fire for allegedly paying off a male lover after he threatened to reveal his past. He is a former House Speaker.

Former Illinois Republican lawmaker Dennis Hastert is going to be facing a federal judge after he was caught lying to the FBI over transactions. He was hiding money. He was trying to pay off a male lover after the lover threatened to reveal his past encounters with him.

Hastert was the former House Speaker who preceded over the worst record of controversial lawmakers in Washington.

Under Hastert, there were a lot (I MEAN A LOT) of lawmakers who were caught in sex scandals, ethical situations and political corruption.

Who would of thought a former House Speaker was all in it?

I mean Rep. Nancy Pelosi (D-CA) was a way better House Speaker than what we got now!

Rep. John Boehner (R-OH) is the current House Speaker. He's nicknamed the Weeper because he cries at every event that mentions his name.

Pelosi had bigger balls than Hastert and Boehner.

Anyway, Yorkville, Illinois is pulling the plug on the Hastert name. They are scrubbing his name from Wheaton University and taking the street signs off the road.

Republican lawmakers pretend like they didn't know that stuff happened.

They were shocked and saddened by this.

Pelosi probably shook her head and said, damn this what the voters wanted!

Hastert was indicted by federal prosecutors who allege he evaded the requirement that banks report cash transactions over $10,000, and made false statements to the FBI about his withdrawals, in a hush money scheme. According to the federal indictment,

Hastert allegedly paid $1.7 million to a former student at Yorkville High School "in order to compensate for and conceal his prior misconduct" against that individual during Hastert's time as a teacher and wrestling coach there.

If found guilty on these charges, Hastert will get up to ten in federal time out with $250,000 fine.

A crazy video emerges. A guy from Yorkville calls Hastert and it's creepy. The look on the man's face is priceless.

Sunday, May 31, 2015

The Planters Nut Is Losing Friends Already!


While I do agree that the Patriot Act is an overreach by the federal government, I think that presidential candidate and Stallmigo Rand Paul (R-KY) is throwing his hypocrisy into this.

The very same Paul rather meddle between a woman's legs, a Black man's firearms, a poor family's safety net and a family's Obamacare subsidies. Paul wants the big old bad gubmint stop looking into your cell phone.

After all his stupid son probably was incriminating himself with pictures of him smoking a bong while playing with snow lines.

Paul is already not making friends in the Republican race for the red nose. Paul put on his makeup and juggling his balls hoping he can pick off young minds with legal weed and low incarceration.

On a rare Sunday night, the U.S. Senate is in session. His fellow senator, Majority Leader Mitch The Turtle (R-KY) called for a vote on the  "Uniting and Strengthening America by Fulfilling Rights and Ending Eavesdropping, Dragnet-collection and Online Monitoring Act." For the smart people this is called the USA Freedom Act.

This bill is sponsored by Wisconsin Rep. Jim Sensenbrenner (R-WI), the creator of the Patriot Act.

He also sponsored this bill a few years back and it didn't get traction. In October 2013, he introduced the USA Freedom Act in the House, a bill designed to curtail the powers of the NSA and end the NSA's dragnet phone data collection program. The bill is supported by civil liberties advocacy groups, including the American Civil Liberties Union.

Even he's skeptical of his own law. Did he even read this shit?

NOPE.

The USA Freedom Act was not passed by the U.S. Senate on May 22, 2015. By a vote of 57-42, the Senate did not pass the bill that would have required 60 votes to move forward, which means that the NSA must start winding down its domestic mass surveillance program this week. The Senate also rejected, by 54-45, also short of the necessary 60 votes, a two-month extension for the key provision in the Patriot Act that has been used to justify NSA spying, which is set to expire on June 1, 2015.
I don't want to jeopardize the lives of Americans because of a handful of lawmakers standing on principles that are wrong.
However, on May 31, 2015, the Senate voted 77-17 to limit debate on the act. Senate rules will allow it to be passed after the mass surveillance programs have expired.

The Republican majority promised transparency. They promised jobs. They promised to deny President Barack Obama a victory. So far, they are destroying themselves to defeat Obama.

They are wasting time trying to pass symbolic votes on restricting abortions, gutting the safety net, passing that stupid Keystone XL pipeline, restricting the president's executive powers on education, immigration, and raising the minimum wage. They are not working on passing reasonable gun control, refusing to work on peace deals with Cuba and Iran. They are pushing for troops in the battle against the Islamic State and Boko Haram. They want to waste time on Benghazi hearings, IRS emails, Hillary Clinton's missing emails, and dragging Attorney General Loretta Lynch into committee hearings about Fast & Furious.

With Paul's temper tantrum and some of his fellow Republicans and even Democratic allies calling upon the end of bulk collection done by the NSA, it seems like the bill is possibly on its way to defeat.

Here's the filibuster. Paul runs 11 hours of whine.

Again, this lawmaker has no legislative accomplishments and they act like he's a god.

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