Homework for USA!!! Please watch, take notes even. Share with all whom you know to help them see the truth clearly without the cloud of illusory propaganda which always surrounds the SOTU when Barack Hussein Obama speaks. It’s usually a rerun of his last speech anyway, lets be honest people.
The video is under 5:00 minutes, if you are pressed for time please watch from 1:31 on!
This is the truth about capitalism in society:
“The record of history is absolutely crystal clear that there is no alternative way, so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by free enterprise citizens.” Milton Friedman to Phil Donahue -~PBN
About 70% percent of Americans called 2013 a bad or very bad year about 27% said a good year and just 3 percent calling it a very good year.
Our PBN staff have strong faith muscles and believe we have to do our best daily to walk the Lovewalk, we also know that capital “T” Truth preveils every time. For far too long now, the PC left have been trying to steal our nation and our Joy. Now Americans are finally standing up to the freedom gleaning fascists and telling them NO!!
What ever happened to the burger flipper being an entry-level job? Regardless of how you feel about these fast food strikes, President Obama and the Democrats certainly aren’t helping with their policies that drive inflation to ridiculous heights. –PBN
Seeking to increase pressure on McDonald’s, Wendy’s and other fast-food restaurants, organizers of a movement demanding a $15-an-hour wage for fast-food workers say they will sponsor one-day strikes in 100 cities on Thursday and protest activities in 100 additional cities.
As the movement struggles to find pressure points in its quest for substantially higher wages for workers, organizers said strikes were planned for the first time in cities like Charleston, S.C.; Providence, R.I.; and Pittsburgh.
The protests have expanded greatly since November 2012, when 200 fast-food workers engaged in a one-day strike at more than 20 restaurants in New York City, the first such walkout in the history of the nation’s fast-food industry.
“There’s been pretty huge growth in one year,” said Kendall Fells, one of the movement’s main organizers. “People understand that a one-day strike is not going to get them there. They understand that this needs to continue to grow.”
271 words delivered by Lincoln studied by successors as a guide. But We the People should take it to heart!Actual Address Delivered at the Dedication of the Cemetery at Gettysburg on November 19, 1863 at bottom of this post. Please share.
Lincoln loved God as he clearly stated.
that this nation, under God, shall have a new birth of freedom — and that government of the people, by the people, for the people, shall not perish from the earth.
It’s your choice in a free nation to love the Lord or not, that’s liberty. If we stop being a country that elevates the individual freedom, the power will continue to shift more toward government and continue to erode our individual liberties. Daily it should becoming more evident by the general public. But is it? It is obvious that Progressivism never works, and never has worked anywhere in the world as the video in this link clearly explains. And every time the progressive model has been tried, and politically starts to take root, it becomes irreversible until the country dies as Tytler clearly pronounces and proves those who are willing to do their own due diligence and look at the historical record here is an article that poses the very question “Is America in her Death Throes or Readying for a New Revolution? – Have Faith Tytler states
“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. “
When we allow a president like Obama continue to lie and shred the constitution we propel ourselves down the road to utter failure. ObamaCare Not “Law of The Land” ONLY House Can Tax! It is however another incremental step toward tyranny and loss of freedom.
Today is the Anniversary of the date Abraham Lincoln shared the Gettysburg Address, sadly now, as you read you’ll see perhaps even feel the true regression of character and truth that have taken hold in our Great and Exceptional United States of America. God bless America, God Bless Americans!
Jennifer Weber can’t read the Gettysburg Address to her students at the University of Kansas without taking a risk.
She chokes up a little, though she’s a Civil War author and historian. “A new nation, conceived in liberty, and dedicated to the proposition that all men are created equal.”She starts losing it right about there.
Just more proof that our current president is the worst president of the United States yet. There could be a worse one still to come, but they would have a lot of goals to hit before they even came close. If you look at the current unemployment numbers they won’t reflect this, but they’re skewed and everybody knows it. With nearly a third of our country out of work (and that’s even counting those who can’t work), we believe Obama is nearing his goal of total reliance on government. –PBN
(CNSNews.com) – The number of Americans who are 16 years or older and who have decided not to participate in the nation’s labor force has climbed to a record 90,609,000 in September, according to data released today by the Bureau of Labor Statistics.
The BLS counts a person as participating in the labor force if they are 16 years or older and either have a job or have actively sought a job in the last four weeks. A person is not participating in the labor force if they are 16 or older and have not sought a job in the last four weeks.
In from July to August, according to BLS, Americans not participating in the labor force climbed from 89,957,000 to 90,473,000, pushing past 90,000,000 for the first time, with a one month increase of 516,000.
In September, it climbed again to 90,609,000, an increase of 136,000 during the month.
In January 2009, when President Barack Obama took office, there were 80,507,000 Americans not in the labor force. Thus, the number of Americans not in the labor force has increased by 10,102,000 during Obama’s presidency.
What a wonderful blessing it is for the Great State of Texas to invoke their 1st Amendment Rights. You don’t mess with Texas! And you don’t mess with real Americans who embrace our Bill of RIghts and the Constitutional Liberties afforded by the Good Lord! Can we get an amen? AMEN!! -PBN
Farrakhan rips Obama:
“Clearly, we are in a dire condition,” Farrakhan said in a recent address, “and the government of America cannot solve our problems.” “Let me show you a little bit more,” he later continued, “Even though we in 2013 are celebrating a two-term black president…the brother simply has not been able to repair the damage caused by centuries of racism [and] greed, which has now run this nation over a fiscal cliff.”
Public sector unions appear to be determined to convince us all how useless and dangerous they have become. -PBN
You know how it is in politics, right? You win some, you lose some. If a vote doesn’t go your way, you’re disappointed, but you pick yourself up, dust yourself off and move on. You don’t cling to your anger like grim death because that’s pointless and only prolongs your bitterness.
Ha ha! Just kidding. Right-to-work may now be a settled issue in Michigan, but just because the unions lost and that’s that doesn’t mean that will be that. It must be understood: Cross the unions and you will pay a steep price, and you will never stop paying. Hence the chant: “No union, no peace.”By DAN CALABRESE – “No union, no peace.”
The only problem is that not a single Republican lawmaker took the bait and walked past the hissy-fitters, save for this one guy who didn’t look like anyone. He was only Dick Posthumus, the former Republican Senate Majority Leader, 2002 Republican nominee for governor and current top-level advisor to Gov. Rick Snyder. The union thugs didn’t recognize him. They also gathered at the wrong entrance to the Capitol Building, apparently not realizing that most lawmakers enter the back door because it’s adjacent to their parking lot. Ah well. Too bad because look at what they missed:
Before the noon start of today’s ceremonial session, members of We are Michigan, who organized the demonstration, plan to deliver fresh cookies to lawmakers who opposed right-to-work and “broken cookies for broken promises” to those who opposed it.
Demonstrators chanted, “No union, no peace,” and carried signs with message such as “RTW, Wrong for Michigan,” and placards with photos of Republican lawmakers with the word “Shame” stamped across their faces.
Broken cookies? What kind? Were they still fresh? Hey, they break in your mouth anyway.
I do like the whole “shame” thing. It’s almost as if the unions see themselves like that kid on the playground who gets picked on by a bigger kid, and then the playground monitor comes up and whoops the bully saying, “You should be ashamed of yourself! Look how much bigger you are than him!”
I really think, deep down, that’s how they see themselves. They really don’t think they can make it in life but for the benevolent advocacy of their unions, aided by pro-union legislation, and any action that tilts the playing field even slightly in favor of someone other than them is cause for shame because these salt-of-the-earth working people are helpless without these legal guarantees. It’s the same thinking that justifies their use of violence and just general hissy fits in response to anyone who opposes their agenda.
“What do you expect us to do? Function in the free market? You know we haven’t got it in us to succeed at that.”
They won’t admit that’s what they think of themselves. They bluster about how union-made products are so superior and everything else is cheap crap, etc. But they know it’s not true. Many of them would be fired in a minute if their union didn’t protect them, and that’s what they really fear when the union is weakened by right-to-work laws.
UPDATE: The Labor Department reported this morning that initial jobless claims last week rose by 4,000 to 371,000.
The truth is not close to the numbers the pundits and politicians share in public. Underemployment must be part of this mix. Please read and share the article by Markos Kaminis, aka the Wall Street Greek. -PBN
Nonfarm Payrolls increased by 155,000 on net in December 2012, a number that perfectly matched against the consensus of economists surveyed by Bloomberg. The Unemployment Rate was likewise perfectly placed against economists’ expectations at 7.8%, and it was unchanged from November. But America wants to know what the real rate of unemployment is.
Years ago, we were one of the first to shed light on the concept of an underemployment rate, which incorporates people who are not satisfied with their less than full employment and also includes those desperate Americans detached from the labor force. Ahead of the presidential election, Mitt Romney was talking about another version of unemployment that we also suggested Americans consider. That figure used a labor participation rate from when President Obama took office, though we would look back further to when unemployment was under 5.0% instead. It makes sense to use such a participation rate, if you believe population growth and the maturing of Americans at least matches the number of seniors retiring by choice and Americans passing away prematurely. Obviously there are demographic trends at play as well, like the aging of the baby boomers, but so much so soon? Because of the relevant issue of long-term unemployment in America today and workers falling off the labor force radar screen while still interested in working, these figures are likely closer to reflecting the true state of American labor.
The calculation of the under-employment rate, or the U-6 by government notation, takes into account the number of Americans working part-time for economic reasons and the detached workforce. Working part-time for economic reasons is equivalent to folks who would prefer full-time employment but have had their hours cut or have had to otherwise settle for part-time work. Detached workers are those Americans who have not recently looked for work, sometimes because they do not believe work exists for them today. In getting to the U-6 “underemployment” figure, we’ll need to include these groups of workers with unemployed Americans. If we add back the excluded 2.614 million displaced workers to the labor market, and include the 7.918 million underemployed part-timers in the unemployed count, December adjusted unemployment is found to be ((12.206M + 2.614M + 7.918M) / (155.511M + 2.614M)) * 100 = 14.4%. In November, the rate was ((12.042M + 2.505M + 8.138M) / (155.319M + 2.505M)) * 100 = 14.4%, or the same misery.
This data can be skewed by any of its components. Starting with the denominator, the labor force count increased in December, which would dilute the numerator and moderate the unemployment rate. Note, however, that in December the number of detached workers increased by 109K and the number of forced part-timers decreased by 220K. It’s hard to say whether detached workers disappeared off the radar screen and part-timers got fired, or if these folks found work of some sort. Most importantly, the number of people reporting unemployed status was up by 164,000. The end result of the changes in the categories netted into something less than significant enough to change the underemployment rate, matching the message of the unchanged unemployment rate in December.
Historically speaking, U-6 unemployment is improved, as you can see by the table here. However, this improvement may be for another reason which is unaccounted for by this data, which we discuss in the paragraphs below.
|Monthly Period||U-6 Unemployment Rate (Seasonally Adjusted)|
What About the Forgotten?
I often talk about the great degree of long-term unemployment plaguing our nation today and how this has uniquely impacted reported employment data. The number of Americans unemployed for 27 weeks or longer was relatively unchanged in December at roughly 4.8 million. This represented 39% of the total unemployed count.
The proportion is down from recent history, though it continues to reflect poorly on the state of labor. That’s because the longer people remain unemployed, the harder it gets for them to find jobs in their specialty fields due to eroding and outdated skill sets. Many of us fear that improvement in the proportion of long-term unemployment is partly due to Americans simply falling out of the labor force count rather than finding new employment.
For this reason, some, including yours truly and more notably Mitt Romney, have been considering what the unemployment rate might be at labor force participation rates of the past. The labor force participation rate was 63.6% in December 2012. That compares against 66.4% in December 2006, which was the high for December since 2002. Now, maybe that participation rate reflected the excesses of the mortgage, construction and finance industries that resulted from greed and the fault of the rating agencies and those industries. Those faults are still bearing out in layoffs, like the significant cuts announced last year by Bank of America (BAC) and again late this year by Citigroup (C). Still, let’s calculate what the unemployment rate would be at such a participation rate, because if the economy had not been so disrupted by the financial crisis, perhaps those employed in the synthetically fattened fields might have found other work.
Applying the 66.4% rate to the civilian noninstitutional population count in December 2012, we get a civilian labor force count of 162,248,400, versus the 155,511,000 reported (Note calculation error exists because of the seasonal adjustment to the labor force count. I’ve attempted to back into that adjustment and apply it to the theorized labor force count, resulting in this figure for the adjusted labor force: 162,357,396). After that adjustment, the difference from this December’s workforce count is 6,846,396 million Americans who would be added to the unemployed count as well. So, the real unemployment rate could be 11.7% (not 7.8%) if those nearly 7 million Americans have simply fallen off the radar. Likewise, the real underemployment rate could be as high as 17.9% today.
Those are much more significant figures reflecting a poorer state of health for American labor and the economy. Now, the trend would still seem to be improving, but the data would argue for continued stimulation of the economy by the Federal Reserve and through fiscal policy. The theme of this article is to simply show what real unemployment might be, and not to get deeper into resulting fiscal and monetary policy consequences and strategy, but perhaps we’ll expand upon this in upcoming work for you. It’s clear that we need to continue to stimulate job creation in America so that we can support and grow consumer spending and personal income, and in so doing raise revenues to support our nation’s needs and growth.
If we can accomplish this while at the same time reining in excess spending and gaining control of our debt, then we might maintain an environment supportive of business. An environment supportive of business is an environment supportive of the stock market. Thus, dignified decision-making must overtake dysfunctional politics in Washington D.C. if we are to see the historical average gains of the market continue over the next several decades. Therefore, we must demand more from our politicians. Otherwise, the performance of the broader indexes, reflected in the SPDR S&P 500 (SPY), SPDR Dow Jones Industrial Average (DIA) and the PowerShares QQQ (QQQ) will diverge from their historical gains. For this reason, today’s market is a stock-pickers’ market, but one burdened by the heavy weight of macroeconomic issues. To help to lighten that burden, we must continue to seek to spur job creation, because the situation is worse than it seems as indicated by the real unemployment rate.
A list of layoffs since the election and we’ve had about 100,000 layoffs publicized since November 7th, 125 businesses, including some large chain stores, have announced they are closing and there have also been a number of bankruptcies announced.
You can thank the stupid American voter who either voted for Obama, or didn’t turn out to vote for Mitt Romney in the recent election for the recent layoffs. Obama has made it quite clear that he want’s to destroy the economy, as have far left Marxist Democrat!!
Since this list was made more lay offs have occurred and more Businesses have shut their doors
Layoffs Announced Since Election