Obama’s Watch: Declining Wages & Hours; Jobless Rate for Millennials Highest Since WW II

May 3, 2013 — Cristy Li

Wages

(Zero Hedge) While everyone is focusing on todays ‘Bureau of Labor Statistics’ (BLS) numbers, it appears that once again the news readers have missed in all of the noise the qualitative aspects of the BLS report.

Those parts which actually looks at the quality of new jobs, their earning power–which were all toward the lower paying spectrum of available jobs together with productivity and labor demand which we find the biggest BLS report weakness. 

Americans are realizing a continuing tapering of growth of wages and now the second drop in a row, posting its weakest rise since November 2012–Bigger problems in today’s BLS report shows a drop in average weekly hours for all employees and the previous report showing a decline in the labor participation rate from an abysmal 63.5% to 63.3% the lowest levels since 1979 when Carter occupied the White House.

Related: Black Unemployment Rate Remains at 13.2%

Unemployment Rate for Millennials Highest Since WW II at 16.1%

Posted in Barack Obama, Economy, Jimmy Cater. No Comments »

Obama’s Nanny State: Feds Now Want to Ban Anti-Bacterial Soap

May 2, 2013 — Cristy Li

The Nanny State
When the Nanny State Kills –Bastiat Institute

(AP)  Fed’s now are considering banning Anti-Bacterial Soap to save us from ourselves.

It wasn’t all that long ago that the all powerful federal dictators followed California, banning the 125 year old incandescent light bulb said to promote energy efficiency–the Nanny State approved fluorescent light bulbs that Americans are now being forced to buy contain mercury, a known toxic substance that exposure to even small amounts may cause permanent health problems.

Posted in Barack Obama, Economy. No Comments »

Obama’s Sequester: Majority of Americans Still Not Concerned

May 2, 2013 — Cristy Li

Obama's Sequester

(Gallup) Majority of Americans are still not concerned about ‘Obama’s Sequester’ despite his fear mongering–recent airline delays appear to have had no impact on the public assessment.

Related: Obama’s $25 Million Hotel & Car Rental Tab on Last Mexico Trip

What Sequester? Star’s Align (Again) at Obama White House

Posted in Barack Obama, Budget Crisis, Economy, Obama Administration. No Comments »

California Sees Largest Spike in New Jobless Claims than Any Other State in the Nation

April 29, 2013 — Cristy Li

California Unemployment

(CVBT) The number of people in California making new jobless claims was 24,303 in the week ending 13 April according to the U.S. Dept of Labor.

On the 05 April, I wrote here the number of people not participating in the labor force across the nation continues to skyrocket to a record 90 million during Obama’s Watch–the labor force participation rate plunged to 63.3% the lowest level since 1979 when another Democrat, Jimmy Carter occupied the White House.

Related: Gloomy Prospects: Politicians Splurge and Economy Sputters

Posted in Barack Obama, California, Economy, Jimmy Cater, Obama Administration. No Comments »

Imagine a World Without Balloons, Congress Votes 394-1 to Save the ‘Federal Helium Reserve’

April 26, 2013 — Cristy Li

Balloons3D Birthday Balloons in 3D Max –Polygon Blog

(National Review) Speaking on the House floor on Thursday, Loony Liberal Lefty Rep. Hank Johnson (D-GA) stood up for some most important ‘victims’ of Congressional gridlock,  Children’s Birthday Parties and Comedians.

Discussing a bill to continue the federal government’s sales from the Natl Helium Reserve Johnson said, “…Imagine Mr Speaker, a world without balloons.”

Today, according to The Wall Street Journal the House of Representatives on a vote of 394-1 passed legislation to stop the closure of the Texas based Federal Helium Reserve which contains a 1/3 of the worlds helium supply.

The Federal Helium Reserve was created after World War 1 when we imagined a world where blimps would be the future of air travel and vital to our national security.

Its good that Congress before their recess next week took care of this impending crisis, what would happen to our nation without federal supplies of helium to fill all of those blimps that our nations commerce and commercial passenger aviation relies.

Posted in Budget Crisis, Democrats, Economy, National Security, Rep Hank Johnson (D-GA). No Comments »

Obama’s Watch: U.S. Debt to GDP 105%

April 26, 2013 — Cristy Li

USA Is Like GreeceObama’s Watch: Total U.S. Debt to GDP 105% –Zero Hedge

Posted in Barack Obama, Budget Crisis, Economy. No Comments »

Obama Administration Endorses Internet Sales Tax

April 22, 2013 — Cristy Li

Obama Tax Hike Exemption CardObama’s Tax Hike Exemption Card –Image: Nothing But The Facts

(Weekly Standard) The Obama Administration today announced they’re endorsing “The Marketplace Fairness Act” (Internet Sales Tax) another tax increase on Americans earning less than $200,000 a year and Families earning less than $250,000 annually.

The White House claims this latest tax gimmick will somehow “level the playing field for local small business retailers that are in competition everyday with large out of state online companies.

It remains dubious how sending more tax money to Washington so that bureaucrats can spend it will some how level this so called playing field for local small business retailers?

Posted in Barack Obama, Economy, Obama Administration, Tax Hikes. No Comments »

Still No White House Tours, Dept of Homeland Security Orders Bagpipes & Drum Supplies

April 10, 2013 — Cristy Li

Obama's SequesterEat Cake! Justin Timberlake Hits White House; Michelle O, Excited to Celebrate Rhythmic Groove of Memphis Soul Pictures –Twitchy

DHS Chief Janet Napolitano, Orders Bagpipes for Homeland Security

Image Courtesy: Barracuda Brigade

Posted in Barack Obama, Budget Crisis, Economy, Michelle Obama, Obama Administration. No Comments »

Democrat Senator Jay Rockefeller: ObamaCare Becoming too Complicated to Implement

April 10, 2013 — Cristy Li

ObamaCarePresident Obama: Maybe You’re  “Better Off” Taking Painkillers and Foregoing Surgery –Real Clear Politics

(Washington Times) Democrat Senator Jay Rockefeller of West Virginia, a leading force in the creation of ObamaCare now says that President Obama’s chief legislative achievement is at risk of failing under its own regulatory weight and that its becoming too complicated to properly implement.

On the 12 March, I wrote here that Senate Minority Leader Mitch McConnell (R-KY) Tweeted out a picture of 828 pages of new ObamaCare regulations in one day–there are nearly 20,000 pages and their just getting started.

Related: HHS Sebelius: ObamaCare More Complicated Than Anticipated

Posted in Barack Obama, Democrats, Economy, Health Care Costs, Obama Administration, ObamaCare. No Comments »

California SB-747 Will Shutter Fast Food Businesses, Kill Thousands of Jobs

April 9, 2013 — Cristy Li

State of California Suicide --Cagle CartoonsCalifornia Suicide –Cartoon: Daryl Cagle

(California Political News) Do you think that your local doughnut shop, taco business or pizza parlor could afford to spend $50,000 on “risk assessment” for each of the foods it serves–because they “could cause obesity or cancer?”

Should the legislature pass SB 747 Introduced by Democrat Senator Mark DeSaulnier hundreds of thousands of people will be forced out of work on Day 1 and tens of thousands of people that invested their money in businesses will lose their investments.

SB 747 known as the ‘Public Health Epidemic Protection Act of 2013′ would require the State Dept of Public Health, for every product intended for consumer consumption–to conduct a “risk assessment evaluation” to determine whether the product contributes significantly to a significant public health epidemic.

DeSaulnier’s bill would authorize the State Dept of Public Health to charge the manufacturer of the product for ‘reasonable costs’ of producing the risk assessment and will create a “Public Health (Slush) Fund” to be used by the department–to fund the nanny state program.

Related: California Democrats Killing Off Businesses & Jobs

Posted in California, Democrats, Economy, Loony Liberal Lefties. No Comments »
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