While this is great news that the unemployment rate has fallen to its lowest rate since February 2009, there is more to the numbers as Rick Santelli explains below.
RR
Saturday, February 4, 2012
Sunday, August 21, 2011
Robert Scott calls out Arne Duncan
Arne Duncan, the Secretary of the Department of Education, made a foolish statement this week when he said the following
Texas’s school system “has really struggle" and he went on to say “I feel very, very badly for the children there.”
Robert Scott calls out Arne Duncan (with good reason) | Opinion Blog | dallasnews.com
Texas’s school system “has really struggle" and he went on to say “I feel very, very badly for the children there.”
Robert Scott calls out Arne Duncan (with good reason) | Opinion Blog | dallasnews.com
Saturday, August 6, 2011
The Jobs President
From Investors Business Daily interview with Bernie Marcus co-founder of Home Depot:
I think he is absolutely right. We spent 1 trillion dollars on a stimulus that failed. This President has surrounded himself with people who know nothing about job creation.
The unemployment numbers out this week show a decrease in the rate to 9.1%, while adding only 117K jobs. Keep in mind that 200K jobs a month are needed to make any significant changes to the unemployment rate. The response from the White House "Things are going to get better," Obama said.
We shall see Mr. President, we shall see.
RR
IBD: If you could sit down with Obama and talk to him about job creation, what would you say?
Marcus: I'm not sure Obama would understand anything that I'd say, because he's never really worked a day outside the political or legal area.
I think he is absolutely right. We spent 1 trillion dollars on a stimulus that failed. This President has surrounded himself with people who know nothing about job creation.
The unemployment numbers out this week show a decrease in the rate to 9.1%, while adding only 117K jobs. Keep in mind that 200K jobs a month are needed to make any significant changes to the unemployment rate. The response from the White House "Things are going to get better," Obama said.
We shall see Mr. President, we shall see.
RR
Wednesday, July 13, 2011
Earlier this week:
“I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it,” Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
Today we had the chief actuary of Social Security telling Kansas Republican Rep. Tim Huelskamp that the decision whether or not to withhold checks comes from the treasury.
RR
“I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it,” Mr. Obama said in an interview with CBS Evening News anchor Scott Pelley, according to excerpts released by CBS News.
Today we had the chief actuary of Social Security telling Kansas Republican Rep. Tim Huelskamp that the decision whether or not to withhold checks comes from the treasury.
RR
Monday, July 11, 2011
Debt Ceiling Shenanigans
As most of you know, there is a lot going on in Washington. I am sure you have all read and heard about the debt ceiling negotiations, but I am not sure how many people know what is meant when the words "Debt Ceiling" are thrown around.
The debt ceiling refers to the amount of debt the federal government can legally borrow, which currently stands at $14.3 trillion. At this moment we are pretty close to hitting the limit. The politics are getting nasty with Barry's Administration predicting chaos in the world markets if the deal is not done by August 2 (the other deadline was in May. It passed with no chaos). My personal opinion is more in line with Republicans (surprise surprise). I am okay with raising the debt ceiling, but only if we can have substantial cuts or/and a balanced budget resolution (like most states).
Now for the hypocrisy:
- Barry thinks it is wrong for Republicans to not raise the debt limit and that they are playing politics with the matter. Well that sounds all well and good until you read the following quote:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said on March 16, 2006. “Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership . Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
This quote is from Barry when he was a Senator and Bush was the President. His press secretary has since stated that he voted that way because he knew the outcome wasn't in doubt.
Barry now wants to raise taxes on the rich in this country as part of any deal with Republicans. Well this leads to more false hoods perpetuated by the Democrats and Barry.
-Top 5% of wage earners pay 59% of taxes (Tax Foundation). This debunks the lefts ridiculous argument of not paying their fair share.
And as for raising taxes in a tough economy:
"First of all, he’s right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we’ve instead cut taxes. So I guess what I’d say to Scott is – his economics are right. You don’t raise taxes in a recession. We haven’t raised taxes in a recession.” (Interview with Chuck Todd Aug. 2009)
With the unemployment rate at 9.2%, this administration should quit with the shenanigans and get a deal done.
RR
The debt ceiling refers to the amount of debt the federal government can legally borrow, which currently stands at $14.3 trillion. At this moment we are pretty close to hitting the limit. The politics are getting nasty with Barry's Administration predicting chaos in the world markets if the deal is not done by August 2 (the other deadline was in May. It passed with no chaos). My personal opinion is more in line with Republicans (surprise surprise). I am okay with raising the debt ceiling, but only if we can have substantial cuts or/and a balanced budget resolution (like most states).
Now for the hypocrisy:
- Barry thinks it is wrong for Republicans to not raise the debt limit and that they are playing politics with the matter. Well that sounds all well and good until you read the following quote:
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure,” he said on March 16, 2006. “Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership . Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”
This quote is from Barry when he was a Senator and Bush was the President. His press secretary has since stated that he voted that way because he knew the outcome wasn't in doubt.
Barry now wants to raise taxes on the rich in this country as part of any deal with Republicans. Well this leads to more false hoods perpetuated by the Democrats and Barry.
-Top 5% of wage earners pay 59% of taxes (Tax Foundation). This debunks the lefts ridiculous argument of not paying their fair share.
And as for raising taxes in a tough economy:
"First of all, he’s right. Normally, you don’t raise taxes in a recession, which is why we haven’t and why we’ve instead cut taxes. So I guess what I’d say to Scott is – his economics are right. You don’t raise taxes in a recession. We haven’t raised taxes in a recession.” (Interview with Chuck Todd Aug. 2009)
With the unemployment rate at 9.2%, this administration should quit with the shenanigans and get a deal done.
RR
Monday, June 13, 2011
Bump in the Road
This is the new add by Mitt Romney. I am not supporting anyone at this time, but I thought this was a very creative ad.
Enjoy.
RR
Enjoy.
RR
Saturday, June 4, 2011
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