Newly revised economic data encourages, discourages

The drought – Obama caused it! There let me get that out of the way.

• Link
• Report this comment

According to the BLS, the economy created 453,000 more private-sector jobs than reported in the April 2011-March 2012 period. It also lost 67,000 more government jobs that reported, producing a net unreported job growth of 386,000 over previous estimates.

The loss of government jobs over the course of our recovery, primarily at the state and local levels, is the real story behind the drag on our recover–

“Putting our four components together—the jobs lost in the public sector, the jobs the public sector should have gained just to keep up with population growth, the jobs lost in the private sector due to direct public-sector job declines, and the jobs likely lost when state spending cutbacks on transfer programs were made—we find that if it weren’t for state and local austerity, the labor market would have 2.3 million more jobs today; half of these jobs would be in the private sector.

This is more than one-fifth of our 9.8 million “jobs gap,” the number of jobs needed to bring the economy back to full employment. If all of these 2.3 million jobs had been filled, it is likely that the unemployment rate would now be between 6.7 percent and 7.5 percent instead of 8.2 percent, and the labor force participation rate (which has dropped dramatically in recent years due to weak job opportunities) would be up to three-tenths of a percentage point higher than it is.”

http://www.epi.org/blog/years-recovery-state-local-austerity-hurt/

• Link
• Report this comment

Jay,

You are correct, these numbers are minor variations in the overall trend. But I’m sure we’re going to hear the wailing and gnashing of teeth from the Right on this. It only shows that if Congress would have gotten off its backside over the last two years and really did do something about jobs (instead of abortion) then things might be incrementally better. But I forget that we can’t have cooperation from a Republican House. //snarc//

• Link
• Report this comment

JAY,

Couldn’t agree more..do you think the WH can really do much beyond spending more of our cash (with dismal results)? I just don’t see anyone reversing these trends except time….many are suggesting if trends since great depression continue, it will take at least 10 years for any meaningful job recovery…we can’t make corporations spend more of profits without generating a return..

• Link
• Report this comment

“the government said corporate profits climbed $21.8 billion in the second quarter, compared to a prior estimate of a $10.4 million increase.” WSJ

We need more corporate welfare right cons?

• Link
• Report this comment

Unemployment rate without state and local government cuts? 7.1%

http://blogs.wsj.com/economics/2012/05/08/unemployment-rate-without-government-cuts-7-1/

• Link
• Report this comment

Unemployment rate without state and local government cuts?

pshaw. What do those liberals at the Wall Street Journal know about business?

• Link
• Report this comment

Why I Hate Obama – By Mitt Romney:

1. His first name is cool.

2. HE’s cool.

3. People LIKE him, me, not so much…….

4. He ate dog, and people still like him. I tied my dog to the roof of my car and the PETA people pelted me with Purina Dog Chow.

5. His wife knows bizarre words like, “On Sale” and “Bargain Bin”.

6. He actually went to school, (and finished), without Daddy writing him a check.

7. He stole my Romneycare idea and then, after he got the bill approved, made me have to pretend that I had nothing to do with the concept.

8. Bill Clinton.

9. His kids LIKE him.

10. He can say “You People” and “those people” don’t even care!

• Link
• Report this comment

STANDS,

Are you suggesting we print more money or am I misuderstanding you?

The money in circulation has risen from 800 billion to over 2 trillion in the last 8 years or so….this is not a good thing….

• Link
• Report this comment

“the government said corporate profits climbed $21.8 billion in the second quarter, compared to a prior estimate of a $10.4 million increase.”

that is a direct quote from the source, but I’m sure the latter figure should be in billions, yes?

• Link
• Report this comment

i hope obama runs on your post b/c that is a LOSING argument……good day

• Link
• Report this comment

If the Obama people keep running ads like this, Romney better hope his vote suppression efforts make a difference.

http://www.youtube.com/watch?v=B9xCCaseop4&feature=youtu.be

• Link
• Report this comment

Are you suggesting that businesses should spend more in hopes of creating US jobs or are you suggesting we tax them more??

Both. Without JOBS no one can afford to buy the crap the corporations put out. And a few more tax dollars from them wouldn’t hurt them. And before you make the argument of “They’ll take their businesses to another country!!!” — let them.

They need to move their rights of incorporation to someplace like China or India — then, after they do that, the Chineese and INdian governments can take them over and kick them out. “Outsourcing” so to speak — Works for me.

• Link
• Report this comment

KAMCHAK,

The risks you suggest are way outside control by these corporations as opposed to being able to attach risk scores to traditional, non regulatory issues..If corporations think they will get taxed more heavily in the future, they likely need to maintain material capital to employ to offset the hit to earnings more government influences will cause..

Would you want a company you owned to create jobs that weren’t needed just for the sake of being a good corporate citizen? Most of them already give plenty to charity..

• Link
• Report this comment

Stands,

I think the 10.4 should be billion too so they doubled profit with Qe3.

Unfortunately, since the gop refuse to help it is the last option for unemployment.

• Link
• Report this comment

If I understand you correctly by your moniker, you are against our current capitalist system?

Not at all. I’m just merely stating a fact. Just by following the history of America we can see where the chase for the almighty dollar LEAD to all these things we have now. Things like the EPA, FDA, Anti-Trust laws, etc., etc., etc. Long live the dollar bill — the father of all inventions!

“The Only Thing Wrong With Capitalism Is Capitalists”………..Herbert Hoover.

• Link
• Report this comment

According to the BLS, the economy created 453,000 more private-sector jobs than reported in the April 2011-March 2012 period. It also lost 67,000 more government jobs that reported, producing a net unreported job growth of 386,000 over previous estimates.

Add the fact that more people are keeping more of their money as opposed to paying taxes, with 47% not paying any federal taxes, and you would think the GOP would be doing a victory dance. After all, the GOP crows about shrinking government and making sure people get to keep more of their own money.

Instead, they’ve demonized the economy so bad, that the GOP can’t step forward and take credit for the things that are happening which are textbook GOP rhetoric and policy. Funny thing is, achieving what the GOP has preached about gives us the idea of what their intended policies actually do in real life.

• Link
• Report this comment

Most people that will vote for Obama do not have economic knowledge and could care less. But I’ll bet they watch the Super Bowl !!!

• Link
• Report this comment

Stevie Ray it was a GLOBAL problem (banks failing) not just a US problem. Banks have tentacles all over the world with some of the “heads” here in the US. It would not have been JUST about the US but about every world economy. That was the reason for the “bailout”.

• Link
• Report this comment

Stands, from below…

Stands, are you really that naive to think EVERY election isn’t about swaying the group in the middle? Romneys mistake is he told the truth and morons who would never have voted for him got all upset about it. Kinda proves his point doesn’t it, stands?

I tell you what, though, since you don’t seem to get it. Why don’t you start a PAC and put all the resources into getting Rush, Hannity, and Boortz to vote for Obama. If you can get just one to flip, O is guaranteed to win. Sounds like a great use of your time and resources doesn’t it? If it doesn’t, it appears you and Romney have a little something in common.

• Link
• Report this comment

BRO,

If I remember my Keynes studies that he was for decreasing taxes and increasing spending in difficult times…funny how both parties subscribe to one aspect…

• Link
• Report this comment

Instead, they’ve demonized the economy so bad, that the GOP can’t step forward and take credit for the things that are happening which are textbook GOP rhetoric and policy.

I personally like the part where they’re screaming for Less Guvmint!! , while politicking for a government job. Kinda makes you wonder if we’re all really in a reality show, (a la Truman), called, “Of Men And Fools”; that’s being broadcasted to another planet in the Zebulon Star System.

• Link
• Report this comment

jeez, I can’t let this one sit…

Stands, are you really that naive to think EVERY election isn’t about swaying the group in the middle? Romneys mistake is he told the truth

you’re in pretty serious denial.

the problem wasn’t that Romney was discussing the realities of swing voter attraction. the problem was that Romney couldn’t resist telling a bunch of rich guys that Those People are, basically, scum who can’t take personal responsibility.

Do you really not get that, RB?

• Link
• Report this comment

Well the deficit should be fixed soon. All those corps making all that money. Everyone knows corps pay huge amounts in taxes Glad I could twist that into good news.

• Link
• Report this comment

According to Mittens the very day after he’s elected, 2.3 million jobs will materialize… details not necessary…

• Link
• Report this comment

We know corporations and the wealthy do not need any help or any welfare.

We know the middle class are hurting and need better paying jobs to keep up with higher costs of living.

We know the gop refuse to cooperate and never vote to help the middle class so mitt is lying about helping them unless he can change the gop. Not..

This leaves only one choice this cycle.

• Link
• Report this comment

The mindless support for corporations that need no help and the widening gap of wealth in this country will lead to socialism you cons say you hate.

So work on the middle class jobs and helping them close this gap or you will get socialism.

• Link
• Report this comment

Billybob: “the percentage was wrong ”

The point though is not the percentage being off by a bit here or there — in fact it was only off by about 1% — but the PREMISE that 1) those who pay no income taxes are people who are “dependent on government” and thus unable to take responsibility for themselves, and 2) that those very same people are all in Obama’s pockets, which couldn’t be further from the truth as a great many of those same people are retirees and seniors, etc., many of whom are faithful GOP voters (or were). So you’re missing the point.

“..but the point was honesty that the media continues to manipulate and lie about like what happened with romney in europe and concerning libya”

Why jump to foreign policy as though one is being used by the media to hide the other? That’s nonsense. The death of the Ambassador, terrible though it is, is not significant because of the fact that a Democrat or Republican is in office. It’s significant because of what it says about our imperial role in the world. And when it comes to this, both parties are right in line with each other, so it doesn’t really matter. If the fact that this happened under a Democrat bothers you, then why doesn’t the killing of the marines in Lebanon under Reagan bother you equally? Because your vision is selective, that’s why.

• Link
• Report this comment

JamVet

Did you get my question from the previous thread?

• Link
• Report this comment

“Also interesting to me, is how you cowards say Obama is NOT responsible for having Osama bin Laden killed but he IS responsible for these four recent deaths.

What is with you ethically bankrupt screwups??”

I already tried to point this out to Jay’s wingnuts, they just nodded their heads and said uh huh… In bizzarro wingnut world, Obama is directly responsible for not having enough guards on duty at the embassy, but had nothing to do with the raid that killed OBL (W gets credit for the kill, even though he never existed…)

• Link
• Report this comment

Rightwing Troll

• Link
• Report this comment

The “truths” is that Obama identified his “enemies” after they identified themselves on day one of his term. While caribou barbie identified any who don’t vote for her as “them” and “not real Americans”…

• Link
• Report this comment

50th!

• Link
• Report this comment

50th!

Maybe if you had been 15 posts earlier…

• Link
• Report this comment

“OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE”

The old “tipping point” ……………. takers vs. makers.

• Link
• Report this comment

No rationalization here, it is just the business logic….serving shareholders interest as opposed to sacrificing shareholder value for what amounts to donations…

Sure, why risk investing large amounts of money in green energy technology when the pay off is years and years away, when shareholders interests can be gratified immediately?

I mean, it’s not like that idea was put forth 40 years ago by a sitting president who warned that our security would be threatened by terrorist using petrodollars.

You are rationalizing for the short term status quo when what we should be doing is investing in our country’s long term security by bringing manufacturing back to this country — and yes that means the shareholders will have to expect less for return on investment

• Link
• Report this comment

Maybe we should let the NFL referees decide who should be president ?

• Link
• Report this comment

Rightwing Troll:

Yep ………… after I gave at the risk of my life for 36 years vs. those who gave nothing ……… zero …………… nada ………… and that probably includes you.

• Link
• Report this comment

Righwing Troll:

Got your free phone yet ?

• Link
• Report this comment

scout,

And now you gave up on America,

Waved the white flag of surrender.

• Link
• Report this comment

Money Boo Boo has my vote, he gave me a dog carrier for the top of my car.

• Link
• Report this comment

81st!

• Link
• Report this comment

“RMoney has my vote…he gave me a free P.O. box in the Caymans….”

No …………. the U.S. Congress did that through legal tax loopholes.

Take it up with them.

• Link
• Report this comment

Brosehpus:

Give up that federal teat brother ………….. you are a TAKER !

• Link
• Report this comment

bring not being.

• Link
• Report this comment

Rightwing Troll:

“Either you are or you aren’t… don’t try to redirect… I promise you this, my family has “sacrificed” more over those past 36 years than you. Have you ever seen the inside of a room at Bethesda Naval Hospital?”

No but I spent a very long time in a room at the Camp LeJeune Naval Hospital. Does that count?

Geez !

P.S.

My Dad can whip your Dad.

• Link
• Report this comment

Enter your comments here

• Link
• Report this comment

Say it ain’t so…..all that $$ invested in Romney…they’re throwing in the towel already…?

Wall Street braces for an Obama win

Across Wall Street and the broader landscape of corporate America, even strong supporters of Romney acknowledge that swing state polling numbers and the direction of economic data and markets suggest it’s time to brace for a second Obama term.

http://www.politico.com/news/stories/0912/81738.html?hp=t2_3

• Link
• Report this comment

the U.S. Congress did that through legal tax loopholes

Honestly scout, how old ARE you? CONGRESS makes people take their money and HIDE it in the caymans and that’s LEGAL?

If it was legal scout, then why would they hide it? Duh!

• Link
• Report this comment

Enter your comments any damn where you please, this is ‘murika after all.

• Link
• Report this comment

Rightwing Troll:

“being too frail to make it through basic training”

That statement there makes you a joke.

• Link
• Report this comment

Debbie Do:

I spent three years working tax fraud cases with IRS-Criminal Investigation Division.

Trust me …………. there are many, many, many ways to legally “hide”, “divest”, “invest” your money in foreign countries.

All courtesy of the United States Congress.

• Link
• Report this comment

Is it not a matter of time before we get accusations that Mr. Obama and his team cooked the books and increased the numbers to help him get elected? Apparently, he is manipulating the polling data and Fox News is getting into the game, (ignoring the fact that their own polls reflect the same big move).

The conspiracies run deep with this crowd.

• Link
• Report this comment

Rightwing Troll , September 27th, 2012, 12:50 pm
“Please refer to my post showing the top ten states for receiving welfare for confirmation that you’d win that bet… Also, curiously…, those same states are among the most obese…
There it is folks, Money Boo Boo’s chief constituency… on welfare and fat…”
Have you ever considered the fact that even thought GA is a red state we still have democrat voters ? Is it hard for you to understand that many of the people you refer to as Romney supporters are actually John Lewis or Hank Johnson supporters ? Yes, GA may be 55 – 45 repub to dem so you think the 45% should be considered Romney supporters ? That will never be mistaken for rational thought.

• Link
• Report this comment

bob:

Thank you.

• Link
• Report this comment

No Mick, obviously not… he’s the arbiter of who’s entitled to be a moocher and who isn’t… curiously even though the top ten states accepting welfare is stacked in the solidly red corner, it’s only libs who qualify to be looked down upon and classified as “takers”… not to mention his own “mooching”…

• Link
• Report this comment

First we have this: The conspiracies run deep with this crowd.

Followed in the very next post with this gem: Corporations are not hiring because they want to make Obama look bad. This was a calculated plan hatched by the GOP and implemented by the chanber of commerce.

• Link
• Report this comment

“The only thing to be found at the Commerce Dept. website is a headache.”

I know. Reading about derivative swaps, quantitative easing, mortgage swaps and high volume trading makes my head pound.

• Link
• Report this comment

Gotta get out and about…

Y’all have fun..

• Link
• Report this comment

0311/8541/5811/1811/1801

September 27th, 2012
1:22 pm

Sorry Mr. Digits to point out your most sinful lie….

but unless you own your own fire department and navy -
then you sir are a moocher.

• Link
• Report this comment

For you libs. out there that can’t tell the difference between an “earned” pension (military, federal, state, local, union, corporate, whatever) and an “entitlement” that his handed out for nothing …………… that’s why you’re part of the problem.

• Link
• Report this comment

Reading about derivative swaps, quantitative easing, mortgage swaps and high volume trading makes my head pound.

The upside: it sure beats reading some of the posts here explaining how their mooching isn’t really mooching.

• Link
• Report this comment

Granny:

Thanks for calling Obama a moocher ……….. as he will soon be getting a “liffetime pension” for only four years of work.

What a deal.

• Link
• Report this comment

getalife:

Call it whatever you want but it’s “earned” vs. “unearned”.

Keep paying those taxes !!!

• Link
• Report this comment

“The upside: it sure beats reading some of the posts here explaining how their mooching isn’t really mooching.”

Like old, retired, government workers like scout is not a moocher.

It is laughable.

• Link
• Report this comment

“the government said corporate profits climbed $21.8 billion in the second quarter, compared to a prior estimate of a $10.4 million”

Uh oh…there’s that bad word again…”profits”. That means somebody’s not paying their “fair share”. Where’s OWS when you need them? There needs to be a protest or something.

• Link
• Report this comment

Sorry, but your guy romney lumped them all together in the 47%…now its damage control all the way but I guess you still admire his wealthiness…

• Link
• Report this comment

A job is a job and a moocher is a moocher.

• Link
• Report this comment

Rightwingtroll, don’t run away with a snide comment. Do you really think that just because a state is red that the democrat supporters are no longer democrat supporters ? The people that vote dem still vote dem and we still have dems repping GA, mine is Lewis. In your rational, John lewis is red and votes with the right. Go ahead and think that the people receiving welfare and are overweight are repubs.

• Link
• Report this comment

For FOUR years of work !

“Presidential retirement benefits were non-existent until the enactment of the Former Presidents Act (FPA) in 1958. Since then, presidential retirement benefits have included a lifetime annual pension, staff and office allowances, travel expenses, Secret Service protection and more.

Pension
Former presidents are offered a taxable lifetime pension equal to the annual rate of basic pay for the heads of executive branch departments, like the Cabinet Secretaries. This amount is set annually by Congress and is currently (in 2011) $199,700 per year. The pension starts the minute the president officially leaves office at noon on Inauguration Day. Widows of former presidents are provided with a $20,000 annual lifetime pension and mailing privileges, unless they choose to waive their right to the pension.”

• Link
• Report this comment

How did Senior Digits “earn” his fire department? the road to his house? the interstates? the airport?

• Link
• Report this comment

For those that want a bit of perspective on my retirement vs older government workers such as Scout, here’s a bit of information.

http://www.opm.gov/retire/pre/fers/index.asp

FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security, and the Thrift Savings Plan (TSP). Two of the three parts of FERS (Social Security and the TSP) can go with you to your next job if you leave the Federal Government before retirement. The Basic Benefit and Social Security parts of FERS require you to pay your share each pay period. Your agency withholds the cost of the Basic Benefit and Social Security from your pay as payroll deductions. Your agency pays its part too. Then, after you retire, you receive annuity payments each month for the rest of your life.

http://www.opm.gov/retire/pre/csrs/index.asp

The Civil Service Retirement System (CSRS) is a defined benefit, contributory retirement system. Employees share in the expense of the annuities to which they become entitled. CSRS covered employees contribute 7, 7 1/2 or 8 percent of pay to CSRS and, while they generally pay no Social Security retirement, survivor and disability (OASDI) tax, they must pay the Medicare tax (currently 1.45 percent of pay). The employing agency matches the employee’s CSRS contributions.

Reagan and his Congress did away with the government defined pension and put us on 401k’s in 1987.

• Link
• Report this comment

Keep Up the Good Fight!

September 27th, 2012
1:44 pm
How did Senior Digits “earn” his fire department? the road to his house? the interstates? the airport?

.
.
I ’spec he sinfully lied about it.

• Link
• Report this comment

your ilk defining any who accept a gubbimint check (but yourselves, of course) as a “moocher” is the problem.

The 47% is code for “people who we think don’t deserve a gubmint check.”

I’ve asked repeatedly just what this percentage is, since they keep saying it’s OBVIOUSLY not 47%, even though they say 47%.

And then they’re angry when anyone accuses them of talking about 47%.

• Link
• Report this comment

“It is natural for man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth — and listen to the song of that siren, till she transforms us into beasts.”–Patrick Henry

Obama has transformed us into beasts fighting the wrong villain.

The graphic below illustrates the underlying error: the class of people who deserve our enmity is not precisely “the rich” at the very top of the income ladder; instead, the class deserving voters’ wrath is composed of society’s predators and parasites, who span all rungs of the income ladder.

The Class Warfare We Need

• Link
• Report this comment

Keep up with the “moocher” talk cons. It’s obviously working out so well for your party.

• Link
• Report this comment

(In that same announcement, the WSJ’s MarketWatch notes, “the government said corporate profits climbed $21.8 billion in the second quarter, compared to a prior estimate of a $10.4 million increase.”)
***********************

And what do they do with it? Hire more employees? Not as many as they should. Instead award an extra large bonus to the C’s & V’s because they alone were responsible for the increased profits.

• Link
• Report this comment

Brosephus:

Actually, in many ways yours is an even better plan ……….. you can even borrow against your TSP over the years for college expenses, etc., etc.

What a deal !!

• Link
• Report this comment

KAMCHAK

Make no mistake that I remain the master of the obvious but your last comment gets you in the stadium:-)

Of course capitalism is now designed for a market that now plays like Vegas where short term growth is preferred. Used to be place where you invested over the long term but that hasn’t been the case for various reasons for years..that’s just the way it is..

I think many companies are putting money in longer term concepts (see R&D expenditures) but since the risk of getting flooded with cheaper durable products from China and the like..what’s the real value…at least in the case of green techology which remain…generally VC or PE plays given the risk that needs to be spread…

Most public companies live and die by meeting next quarters estimates…

• Link
• Report this comment

P.S. Don’t forget to ALWAYS contribute your maximum allowed toward TSP ………… that way your retirement will pretty much equal mine.

So, once again, why are you trying to paint me as a moocher when you suckle at the government teat far more than I ever will? You should quit fighting and become one with your moochiness. If you spent far less time demonizing the very group you belong to, I’m sure you’d have much less self hatred or much less fear of accepting who you truly are.

Y’all have fun….

I’m really out now.

• Link
• Report this comment

We should close the income and wealth gap but the mindless gop votes for more corporate welfare and tax cuts will make it worse.

I don’t see the gop changing.

• Link
• Report this comment

Regarding at “47%” idiocy, I’m wondering if we have say 35% of those 47% or whatever the number is that are more than 50% supported by government programs, what happens and the trend continues up to over 50% of folks rely on the government for more than 50% of income?

What are the options to pay for that sort of growth in those legitimately needing significant help? Let’s say the birth rate for that demographic exceeds that of those who need no help?

• Link
• Report this comment

1.3% Yikes that is terrible.

Early indications are that seasonal hiring will be very strong this fall and last year not a majority by any means but a fair amount were converted to permanent positions.

I wish the best for any of you looking for work, I hope you get something soon.

• Link
• Report this comment

Looks like bibi wants to bomb the enriched uranium sites in Iran.

• Link
• Report this comment

Here’s the thing about those corporate profits… they’re a lot like gas prices or insurance costs… Gas prices fluctuate but they never quite seem to make it back to where they were, always inching up, never inching down. Insurance is a little easier to define, always up, 20% a year, for as long as I’ve self insured, since 2003. Corporate profits are at record levels, corporations will not magically begin to hire once a wingnut president is in place, why would they? They’ve figured out how to make record profits with minimal staffing, what on earth make wingnuts think corporations would want to hire more folks? If corporations haven’t felt the need to help out society when it needs it most, why would they feel obligated to do so now that the economy is getting better?

• Link
• Report this comment

Hummmmm ………………………… Granny, Debbie Do ………. are you there ?

“If a new academic study is to be believed, Republican women politicians look more feminine than their Democratic counterparts.

The study, by two UCLA researchers, found that female politicians with what are described as stereotypically feminine features tended to be Republicans, and the reverse was also true for Democratic women. GOP women rated, on average, twice as stereotypically feminine as Democrats.

In fact, the authors said the correlation was so strong that undergraduates were regularly able to guess someone’s party affiliation just by the way she looked.”

Read more: Study: Female GOP politicians look more feminine – Washington Times http://www.washingtontimes.com/blog/inside-politics/2012/sep/27/study-female-gop-politicians-look-more-feminine/#ixzz27h9ovo89

• Link
• Report this comment

Butch Cassidy @2:06

Your idea sounds a lot like one I suggested a few weeks ago. If Romney wins,Obama’s success against Al-Qaida might make him a good Secretary of Defense.

• Link
• Report this comment

Rightwin Troll:

You have your definitions wrong.

It’s “entitled moochers” vs. “earned pensioners”.

• Link
• Report this comment

scout,

Return your monthly checks to the US Treasury moocher.

• Link
• Report this comment

To be fair, Mitt has to say that 47% of the peole are “victims” and feel “entitled”. Afterall, once you eliminate the people that legitimately receive the benefits or use the tax code to their advantage, your really only left with about 5% who actually milk the system. You just can’t stir up the base with ” If elected President, I promise to deal with the 5% of the population who are destroying this country with their entitlement mentality”.

• Link
• Report this comment

“Most people that will vote for Obama do not have economic knowledge and could care less. But I’ll bet they watch the Super Bowl !!!”–Ken

“Cite an example please…”

Okay, here is your typical Obama supporter:

OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE
http://www.youtube.com/watch?feature=player_embedded&v=tpAOwJvTOio

• Link
• Report this comment

If Republicans didn’t want people getting money for having kids or getting money back on the EITC, why did they create those programs in the first place?

• Link
• Report this comment

“OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE”

Wrong …………. four times !

• Link
• Report this comment

Sorry brother… you and your ilks have defined anybody receiving a gubbimint check is a moocher… that’s the context we have to work with… your beef is with Money Boo Boo, not me.

Me?

I say you, my dad, my mom, my brother (especially my brother), my other brother, Bro, JamVet, USMC, and any others I haven’t mentioned by name fully deserve what you receive each month, maybe even more.

• Link
• Report this comment

scout,

Moocher.

• Link
• Report this comment

“Mitt has my vote and money…. he won’t send me to jail for my criminal acts”

• Link
• Report this comment

Well, no suprize to me profits is up and employment is down. I don’t know about you but I’m working my azz off for the same pay. When Grady Legg left to drive a milk truck we all thought the boss would hire somebody to replace him. But noooooo! The boss just divided up Grady’s stops amongst the rest of us drivers with no more pay for us and just stuck ol’ Grady’s pay and bennies in his pocket. If I didn’t need to eat and drink and support my family and keep a roof over their head, I’d quit in protest. But then, the stingy sh_t would just divide my stops up amongst the other drivers and pocket my pay and bennies too.

I think I’m getting a inside look at how this Capitalism thing works and I’m not sure I like what I see. If the boss is going to shaft me, he can at least give me a reach-around.

Have a good p.m. everybody.

• Link
• Report this comment

If I get paid from federal income tax…and I pay federal income tax…does that mean I (we) actually DON’T burden the system all that much?

Since you work for the CDC it depends on an individual’s valuation of “not bleeding out through my eyeballs from Ebola.”

Of course that means accepting the liberal-marxist theory of germs and viruses causing illness so conservatives would probably term you a moocher.

• Link
• Report this comment

Wakeboarder’s Severed Finger Found In Fish Caught 2 Mos. After Accident…

drudgey spam.

• Link
• Report this comment

Businessman Offers $65M To Any Man To Break Up Lesbian Daughter’s Relationship…

drudgey spam.

• Link
• Report this comment

“Doctors Grow New Ear On Woman’s Arm…

drudgey spam.”

Yes but have they devised a procedure to remove the wingnuts collective heads from their collective arses??? (kidding… I kid… sort of…)

• Link
• Report this comment

parah salin – “how many of those people that sold the US government $500 hammers and $800 toilets seats are considered to have a victim mentality?”

Hey, those are legitimate expenses. How else do you think we built the underground bunkers at Area 51?

• Link
• Report this comment

“Anyway, do you mean to say you used to be a federal employee, retired as a federal employee, and yet you despise federal employees?

Why? If so, how could you be a lifer?”

He’s an enigma, wrapped in a riddle, surrounded by mystery…

• Link
• Report this comment

“OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE”

That can’t be real. Is that from funnyordie,com?

• Link
• Report this comment

AG – unfortunately, probably true. At least if I just read blogs that’s how it seems. But I don’t often because then I just feel bad about myself (nobody likes me, everybody hates me, guess I’ll go eat some worms – except I won’t because I work at CDC and I don’t want to get a parasite like the guinea worm!).

• Link
• Report this comment

“Anyway, do you mean to say you used to be a federal employee, retired as a federal employee, and yet you despise federal employees?

He’s an enigma, wrapped in a riddle, surrounded by mystery…

Well, I don’t see anything weird about that. I know this guy that retired from the federal guvmint. He despises federal workers and he hates hisself everytime he drives by the guard post of his gated community.

Course, nobody ever claimed old Edgar was a Norman Einsteen.

• Link
• Report this comment

That brings another point to mind… as a lifer Scout contributed not on bit to building up our economy. He’s been a taker all his adult life. Government employees don’t produce anything, they just take.

Of course he supports a man who rails against government, but has spent the last 10 years and a vast fortune trying to be part of government.

• Link
• Report this comment

“But again, this is hardly earth-shaking news, and combined with the GDP revision, it suggests that this long, hard slog to a better economy is likely to continue a while.”

That’s why the word ’slog’ is so evocative in this context. Like with the GIs slogging their way across Europe in WWII. It was tough, it was long, it was messy, but eventually the goal was attained.

• Link
• Report this comment

scout is a 47% mitt hates.

• Link
• Report this comment

“0311, you confuse me, and please no snarky comments on my intellect. I don’t engage in that kind of online discussion so if you respond in such a childish way I will not respond back.

Anyway, do you mean to say you used to be a federal employee, retired as a federal employee, and yet you despise federal employees?

Why? If so, how could you be a lifer?”

Scout, where are you?

I was so looking forward to some entertainment this afternoon.

________________________________________________

iRun

Unless you’ve sat in a hole you’ve dug in the ground and made snap decisions that mean life and death, you just wouldn’t understand…….

You’ll just be jealous of everything he has, unlike those other slackers who are entitled.

Right, Scout?

• Link
• Report this comment

I spent three years working tax fraud cases with IRS-Criminal Investigation Division.

Scout, I work for one of the biggest law firms in the country who specialize in tax law. What you’re saying above ^^^ is either a huge joke OR you were the worst IRS investigator to have ever put on the “uniform”.

PS: I thought you said you did your time 1/10 military; 9/10 Officer (local/state). Will the real scout please stand up….

Some reading on Mr. R’s “havens”:

there is a Bermuda-based entity called Sankaty High Yield Asset Investors Ltd., which has been described in securities filings as “a Bermuda corporation wholly owned by W. Mitt Romney.” It could be that Sankaty is an old vehicle with little importance, but Romney appears to have treated it rather carefully. He set it up in 1997, then transferred it to his wife’s newly created blind trust on January 1, 2003, the day before he was inaugurated as Massachusetts’s governor. The director and president of this entity is R. Bradford Malt, the trustee of the blind trust and Romney’s personal lawyer. Romney failed to list this entity on several financial disclosures, even though such a closely held entity would not qualify as an “excepted investment fund” that would not need to be on his disclosure forms. He finally included it on his 2010 tax return. Even after examining that return, we have no idea what is in this company, but it could be valuable, meaning that it is possible Romney’s wealth is even greater than previous estimates. While the Romneys’ spokespeople insist that the couple has paid all the taxes required by law, investments in tax havens such as Bermuda raise many questions, because they are in “jurisdictions where there is virtually no tax and virtually no compliance,” as one Miami-based offshore lawyer put it.

The media soon noticed Romney’s familiarity with foreign tax havens. A $3 million Swiss bank account appeared in the 2010 returns, then winked out of existence in 2011 after the trustee closed it, as if to remind us of George Romney’s warning that one or two tax returns can provide a misleading picture. Ed Kleinbard, a professor of tax law at the University of Southern California, says the Swiss account “has political but not tax-policy resonance,” since it—like many other Romney investments—constituted a bet against the U.S. dollar, an odd thing for a presidential candidate to do. The Obama campaign provided a helpful world map pointing to the tax havens Bermuda, Luxembourg, and the Cayman Islands, where Romney and his family have assets, each with the tagline “Value: not disclosed in tax returns.” When you are running for president, you might want to err on the side of overpaying your taxes, and not chase every tax gimmick that comes down the pike,” says Sheppard. “It kind of looks tacky.”

CONSPIRACY THEORY ALERT!!:

When we look at this one line===>> (constituted a bet against the U.S. dollar, an odd thing for a presidential candidate to do. ) of that paragraph, you’d have to wonder if Romney wants to become President in order to sign into law, regulations that would make him/his family BILLIONS.

• Link
• Report this comment

Paul @ 2:14

2nd part of your post is spot on

• Link
• Report this comment

Good job numbers thanks to Ben Bernanke but growth will remain slow for years.

• Link
• Report this comment

Rafe

Not sure if you are aware but Jay like Kyle writes opinion columns. Of course they are biased………..

You have to stop crying because you were called out……….

Again, your striking resemblance of babbling barry and criberius is not flattering at all…… don’t fool yourself

• Link
• Report this comment

Welcome to the Occupation

September 27th, 2012
12:25 pm
If the Obama people keep running ads like this, Romney better hope his vote suppression efforts make a difference.
_______________________________________________________________
Can someone please tell me how Romney, not elected to ANY federal, state, or local office nor having any official capicity in ANY federal, state, or local government is engaging in voter supression?

• Link
• Report this comment

“Obama Campaign’s New Ad Attacks Romney’s 47 Percent Idea ‘In His Own Words’ ” Aol

http://www.huffingtonpost.com/2012/09/27/obama-47-percent_n_1919157.html

Brutal ad.

• Link
• Report this comment

Once again when it gets a little bit hot in the kitchen, scout retreats back to his sheltered lair of hypocrisy where all is swell…

• Link
• Report this comment

“Shame both sides couldn’t be more honest.”

Not sure if this has occurred since the inception of our country. Due to 24 hours news (opinion and entertainment) channels as well as the internet, we have access to more information then ever……… Sadly a lot of that information is wrong, but still an ever increasing access.

• Link
• Report this comment

Mick

Guess I am not the only one who noticed that.

• Link
• Report this comment

“OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE”…Priceless.

Ray: Dead people should be taken off the voter lists…and the brain dead ones too.

• Link
• Report this comment

When is Palin going to start campaigning for Romney?

I have heard numerous times how well she did in the 08 debates and elsewhere.

She is so good on Fox, twitter and facebook……….

We want Palin, we want Palin

• Link
• Report this comment

They Both Suck (but one is President)

Not sure if you are aware but Jay like Kyle writes opinion columns. Of course they are biased………..
*********************
I write opinion posts, so what is your point. If you say, I should present both sides, why not Jay? Or is it, that my posts just leave you defenseless to argue and all that is left to say is you are not being “fair”.

My mother always said it was impolite to criticize people who were not there to defend themselves, but what else can we expect from you. Your opinion of me or them is about as important as Barry’s basketball brackets.

• Link
• Report this comment

Rafe

I demolish your claims

Quit crying because you are unable to defend what you post…….. with fact

• Link
• Report this comment

I would enjoy a Sarah Palin-Ann Romney debate!

• Link
• Report this comment

““OBAMA HAS MY VOTE, HE GAVE ME A FREE PHONE””

Was that from the program that’s been in place for over a decade? Or the one that’s been around longer than that?

Obama’s a time-traveling president. Who knew?

• Link
• Report this comment

Rafe

“The only meltdown I’ve observed, is the economy under the Mistake of 08.”

This is almost embarrassing to ask.

You have a cite that shows the recession began on Pres Obama’s watch?

• Link
• Report this comment

**The only time I cry, is when I think of what the Mistake has done to our once great country**

Yes, we all agree that the previous president with a yale mba, broke and bankrupted this once great economy. The repairs are ongoing, thank you president obama…

• Link
• Report this comment

The only time I cry, is when I think of what the Mistake has done to our once great country.

Wow! Stop talking about your Mom like that! That’s disrespectful.

• Link
• Report this comment

Paul,

I think that ad will finish him off. His campaign team remains undefeated and very competent.

I think you will be happy with his second term because he will make some deals with Republicans.

Liberals will be very upset but they will get over it like with President Clinton.

• Link
• Report this comment

via The Daily Dish:
“Whenever conservatives talk to me about Barack Obama, I always feel quite certain that they mean something else. But what exactly? The anger, the suspicion, the freestyle fantasizing have no perceptible object in the space-time continuum that centrist Democrats like me inhabit. What are we missing? Seen from our perspective, the country elected a moderate and cautious straight shooter committed to getting things right and giving the United States its self-­respect back after the Bush-Cheney years. Unlike the crybabies at MSNBC and Harper’s Magazine, we never bought into the campaign’s hollow “hope and change” rhetoric, so aren’t crushed that, well, life got in the way. At most we hoped for a sensible health care program to end the scandal of America’s uninsured, and were relieved that Obama proposed no other grand schemes of Nixonian scale. We liked him for his political liberalism and instinctual conservatism. And we still like him,” – Mark Lilla, in a brilliant and often hilarious review.

All in all a good read. Sorry if it’s a repeat.

• Link
• Report this comment

rafe will never admit w was a disaster.

• Link
• Report this comment

getalife

“I think you will be happy with his second term because he will make some deals with Republicans.”

I’m looking forward to it. I just hope Boehner will beat his membership into line and take a few hardball lessons from Pelosi.

• Link
• Report this comment

Bigfoot SHEETS!

• Link
• Report this comment

I was pretty sure I was voting for Romney until I saw this video. I think it encompasses the best of democrat party ideals and makes a very strong case for four more years of Obama.
http://www.youtube.com/watch?v=tpAOwJvTOio

• Link
• Report this comment

Thanks East Lake for the link!! I “updated” my moniker from one of the paragraphs. Good times!

• Link
• Report this comment

Blame blame blame. First a “youtube video” now a “drought”. When is Obama going to take responsibility? Hm? Hm? Hhhmmmm??

• Link
• Report this comment

“when something works…see the OBL kill”

Obama didn’t kill Osama.

• Link
• Report this comment

btw I’m being sarcastic if nobody can tell…..

• Link
• Report this comment