Category: Debt


Walker Thrills A Packed House At CPAC

 

 

” Scott Walker hit all the right notes when he took the stage at the Conservative Political Action Conference on Thursday to address a standing-room-only crowd — even gamely handling a heckler.

  Walker was talking up Republicans’ push to pass a right-to-work law in Wisconsin, a measure to weaken labor unions, when a heckler stood up and began shouting in the packed ballroom. What he said wasn’t clear, but Walker handled it like a pro: He quipped, “Apparently the protesters come [here] from Wisconsin as well.”

  The governor, considered a top contender in the 2016 Republican presidential primary, got a quick standing ovation for his response — one of a number he got during his address.

  After spending some time touting his strong domestic record as governor of Wisconsin, Walker sharply criticized the Obama administration for its ineffective strategy in the fight against the Islamic State, and its disapproval of Israeli prime minister Benjamin Netanyahu’s upcoming address before Congress.”

     Judging from the venom dripping from the fangs of the Statist media , the potential of a Scott Walker candidacy is a terrifying possibility , which is surely a sign that the democratic cheerleaders of the press consider him a serious threat .

National Review

The 15 Most Expensive Places To Live In America

 

 

 

 

 

” After paying your rent or mortgage, transportation, utilities, and any other bills, how much do you have left at the end of the month? The answer probably depends largely on where you live.

  FindTheBest created a cost of living index based on 2013 family budget estimates for housing, taxes, healthcare, childcare, transportation, and “other necessities” (like food) from the Economic Policy Institute to compare, in over 600 counties and metro areas across the US, where your dollar goes the farthest.

  The average overall index for US cities and metro areas is 100, so a city with an index of 120 is 20% more expensive than average, and a city with an index of 80 is 20% cheaper than average.”

 

 

   Welcome to the wonderful northeast , land of high taxes , stifling regulation and home to ten of the fifteen most expensive places to live in America , including four out of the top five  , and the “winner” of the title of most expensive place to live in the US is … drum roll please …

 

 

” 1. Nassau-Suffolk Counties, New York

Nassau-Suffolk index: 155

State index: 120

  Nassau and Suffolk Counties, on Long Island, aren’t the highest in the country in terms of housing, taxes, or healthcare, but they’re up there in each category, and that’s enough to make the area the most expensive place to live in America. Also a major New York City commuting hub, it’s known for high property taxes and pricey real estate, especially in Nassau County. Suffolk is home to the Hamptons, a popular summer spot for the wealthy and the famous.”

 

 

   See about your area at Business Insider . Something to consider as you peruse the map above; which states/areas are producing jobs ? With the exception of the DC area which is awash in record tax receipts , the most expensive areas are also the ones struggling to produce enough growth to meet the local population’s demands . 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Homeownership Rate Hits 20-Year Low

 

 

 

” The homeownership rate in the United States dropped to a 20-year low of 64.5 percent in 2014, according to new data released by the Census Bureau.

  The homeownership rate is the percentage of households that own the home in which they live. “It is computed,” says the Census Bureau, “by dividing the number of households that are owners by the total number of occupied households.”

  The last time the annual homeownership rate was lower than 64.5 percent was in 1994, when it was 64.0%, according to Table 15 in the Census Bureau’s “Housing Vacancies and Homeownership” data.”

 

 

   That “Change We Can Believe In © ” just keeps on giving … continue reading  , but to be honest this is more a reflection of a market correction back towards the sanity of less “free money” demanded of the banks by Statist programs designed to allow unqualified people to borrow so maybe it’s an inadvertent good thing .

 

 

 

 

 

 

 

 

 

 

Obama’s DHS Spent Nearly $150M On Office Furniture And Makeovers

 

 

 

 

” Funding for the Department of Homeland Security (DHS)—which is due to expire at the end of this week unless an agreement in Washington is reached—has continued to rise under President Barack Obama. His administration claims the agency’s increased funding is necessary to protect the homeland, but records show that the DHS has continued to increase its spending on furniture and office makeovers as its budget has been increased.

  A review of records on the official government spending website by the Washington Free Beacon shows the agency has spent nearly $150 million on office furniture and makeovers since Obama took office. Those fiscal years for which he has been responsible and whose budgets have been enacted are FY2010 through 2014.

“ The FY 2015 Budget reflects the Administration’s strong commitment to protecting the homeland and the American people through the effective and efficient use of DHS resources, continuing the focus on preserving frontline priorities across the Department by cutting costs, sharing resources across Components, and streamlining operations wherever possible,” the administration’s request states.

  Each year under Obama the administration, DHS funding has increased. The FY 2015 budget request is $60.9 billion, compared with FY 2014’s budget of $60.7 billion. In fiscal year 2013, the DHS budget was $59.2 billion. By contrast, President George W. Bush’s last budget for DHS for FY 2009 was $52.5 billion.

  Records show that the DHS spent $147.7 million on furniture for FY 2010 through 2014.”

 

Much more on the obscene spending at DHS from the Free Beacon

 

 

 

 

 

 

 

 

 

 

 

 

 

The Economy’s Worst 8-Year Run In 62 Years

 

8yearGDPgrowthPostWW2to2014

 

 

 

” A couple of publications have noted that 2014 was the ninth consecutive year during which the U.S. economy grew by less than 3 percent.

  They’re being too kind. Last year was the eighth year in a row of sub-2.5 percent growth, following four straight years (2003-2006) of higher growth.

  It’s hardly a coincidence that the first year of that awful 2007-2014 streak just so happens to have been the same year that the Democratic Party took legislative control in Washington.

  The nation’s political and media elites were quite pleased with themselves when the November 2006 elections brought about that result, largely because their daily hostility to all things Republican and/or conservative contributed mightily to it. They were absolutely ecstatic when Barack Obama, Mr. Perfectly Creased Pants, won the November 2008 presidential election and took office in January 2009.

  As will be seen shortly, the former event marked the beginning of the U.S. economy’s worst eight-year stretch since 1945-1952. Obama’s presence in the Oval Office until January 2017 virtually ensures that we’ll have at least two more years of the policies which brought on that miserable result.”

 

Read on at PJMedia

 

 

 

 

 

 

 

 

 

 

 

Biden: Middle Class ‘In Worst Shape Since 1920′, Is Currently ‘Being Killed’

 

 

 

     Who do you suppose is responsible for the death of the middle class Joe ? I’ll give you a hint , only one pair of Bozo’s have been in charge for the past half dozen years .

There’s a campaign slogan for the Democrats … “We’re number 27″ … run Joe , run …

Parties, Golfing, ‘Casino Nights’ Part Of Energy Dept.’s $21M Conference Budget: Report

 

 

 

” Cruise-boat dinners, Super Bowl parties and golf tournaments were part of Department of Energy conferences that cost taxpayers more than $21 million over a 16-month span, according to a new report from the department’s inspector general.

  The report examined more than 300 Energy Department conferences held from April 2013 through September 2014 and found that, in at least some instances, work wasn’t the only thing on the agenda.

“ Our review also identified conference information regarding social events that in our view could lead to negative public perceptions. Existing guidance notes that participation in any associated social events should be limited and restrained to the greatest degree practicable to avoid the appearance of impropriety,” the inspector general said in the report.

“ Despite this admonition, we found that attendance at some conferences included associated social events. For example, [Energy Department documents] showed department-sponsored conferences that included a casino night, Super Bowl party, golf tournament, banquet on a dinner cruise boat, dinner at the NASCAR Hall of Fame and a tour and dinner at an aquarium,” the report said.”

   Washington Times has more on the lavish lifestyles of the Federal employee courtesy of our taxpayer dollars .

By Standards Of Immigration Hawks, All 2016 GOP Contenders Support ‘Amnesty’

 

 

 

 

” Anyone who has ever used the term “Shamnesty” — or, more likely, “SHAMNESTY!!!!” — is going to hate the likely 2016 GOP presidential field. All of it.

  The immigration reform debate centers around many issues, but probably none is more explosive than what should be done about the estimated 11 million illegal immigrants currently residing in the United States. The loudest critics of comprehensive immigration reform in the Republican Party demand that there be no “amnesty,” which they define as any pathway to normalizing the immigration statuses of America’s illegal population, no matter whether those illegals would be forced to pay a financial penalty or even prevented from gaining citizenship. 

  Yet, despite the issue garnering so much ink, the reality is every major candidate supports an immigration policy that includes an “amnesty,” at least as defined by the GOP’s most ardent and vocal immigration hawks.

  Much has been made of former Florida Gov. Jeb Bush and Florida Sen. Marco Rubio’s support for a pathway to citizenship for most of the illegal immigrants currently residing in the United States. But conservative grassroots stalwarts like Kentucky Sen. Rand Paul and Texas Sen. Ted Cruz also envision some type of normalization for illegals living in the country.

  Cruz has said he would support ultimately legalizing most of the undocumented immigrants in the country, though without providing a pathway to citizenship.

  Paul also supports a pathway to legalization for illegals, with the prospect of eventually earning citizenship.

“ After ensuring border security, then I would normalize the status of the 11 million undocumented citizens so they can join the workforce and pay taxes,” he wrote in a Washington Times column in 2013.

“ Most of these undocumented immigrants are poor and may not be able to ever pay ten years of back payroll taxes,” he added. “I would be willing to forego the fines and back taxes in exchange for a longer and significant time period before these folks are eligible to enter into the green card line.”

  Of course, most GOP contenders who support an ultimate pathway to citizenship, or at least a process of normalization, condition their support on things like further securing America’s Southern border and making illegal immigrants pay a financial penalty. But nearly all support the general principle: most of the 11 million illegal immigrants who violated America’s laws in making their way into the country should be allowed to stay and work in the country so long as they haven’t committed any further crimes.”

 

Read the rest at the Daily Caller

 

 

 

 

 

 

 

 

 

 

 

 

States Rise Up Against Washington

 

 

 

 

 

” State legislators around the country have introduced more than 200 bills aiming to nullify regulations and laws coming out of Washington, D.C., as they look to rein in the federal government.

  The legislative onslaught, which includes bills targeting federal restrictions on firearms, experimental treatments and hemp, reflects growing discord between the states and Washington, state officials say.

“ You have a choice,” said Kentucky state Rep. Diane St. Onge (R). “To sit back and not do anything or say anything and let overregulation continue — or you have the alternative choice to speak up about it and say, ‘We know what you are doing or intend to do and we do not think that it is constitutional and we as a state are not going to stand for it.’ ”

  Last month, St. Onge introduced H.B. 13 to nullify federal gun control laws within Kentucky state lines. Similar legislation has been introduced in seven other states.

“ This law is saying the sheriff and those under him do not have to follow federal regulations,” she said.

  Friction between the states and the federal government dates back to the nation’s earliest days. But there has been an explosion of bills in the last year, according to the Los Angeles-based Tenth Amendment Center, which advocates for the state use of nullification to tamp down on overzealous regulation.

People are becoming more and more concerned about the overreach of the federal government,” said center spokesman Mike Maharrey. “They feel the federal government is trying to do too much, it’s too big and it’s getting more and more in debt.” “

 

 

Nullification is gaining steam as this article in The Hill shows

 

 

 

 

 

 

 

 

 

 

Illegal Immigrants Squeeze School Budgets

 

 

 

” Washington-area schools are facing budget crises as a result of an influx of immigrant students, according to a recent report.

  Since the 2005-06 school year, the percent of students enrolled in English proficiency classes has increased by an average of nearly 70 percent across seven school districts in the D.C. metro area, according to a report by the advocacy group, Federation for American Immigration Reform, which promotes tighter border security, an end to illegal immigration and reduced levels of legal immigration.

  Those classes cost an average of about one quarter of each district’s budget, and the chunk is getting larger as new students, many of them illegal immigrants or children of illegal immigrants, enroll in English-as-a-second-language classes.

  Disproportionate enrollment increases in the English-learner classes is troubling, because non-English speakers can cost up to twice as much as their proficient counterparts, according to the report.

“ Education experts have long realized that the cost of educating a student who is not proficient in English far exceeds the amount actually allocated,” the report said.”

 

Washington Examiner

 

 

 

 

 

 

 

 

 

 

 

An Email From A Friend

 

 

 

 

” Tina Griego is (was) a Free-Lance reporter for the Denver Post . She writes some really good stuff and she is a strong advocate for LEGAL immigration … Homework on issues is part of her make-up and fabric …

What if they left?

  Somebody really did their homework on this one.  Best on the subject to date.  It does not have a political slant to it, it’s just the facts:  Not Democratic, not Republican, not liberal and not conservative.

What if 20 Million Illegal Aliens Vacated America?

 

  I, Tina Griego, journalist for the Denver Rocky Mountain News wrote a column titled, “Mexican Visitor’s Lament.” 

  I interviewed Mexican journalist Evangelina Hernandez while visiting Denver last week.  Hernandez said, “Illegal aliens pay rent, buy groceries, buy clothes.  What happens to your country’s economy if 20 million people go away?”

 

Hmmm, I thought, what would happen? 

So I did my due diligence, buried my nose as a reporter into the FACTS I found below.

  It’s a good question… it deserves an honest answer.  Over 80% of Americans demand secured borders and illegal migration stopped.  But what would happen if all 20 million or more vacated America?  The answers I found may surprise you!

 

  In California, if 3.5 million illegal aliens moved back to Mexico, it would leave an extra $10.2 billion to spend on overloaded school systems, bankrupt hospitals and overrun prisons.  It would leave highways cleaner, safer and less congested.  Everyone could understand one another as English became the dominant language again. 

  In Colorado, 500,000 illegal migrants, plus their 300,000 kids and grandchildren would move back “home,” mostly to Mexico.  That would save Colorado an estimated $2 billion (other experts say $7 billion) annually in taxes that pay for schooling, medical, social-services and incarceration costs.  It means 12,000 gang members would vanish out of Denver alone. 

Colorado would save more than $20 million in prison costs, and the terror that those 7,300 alien criminals set upon local citizens.  Denver Officer Don Young and hundreds of Colorado victims would not have suffered death, accidents, rapes and other crimes by illegals.

  Denver Public Schools would not suffer a 67% dropout/flunk rate because of thousands of illegal alien students speaking 41 different languages.  At least 200,000 vehicles would vanish from our gridlocked cities in Colorado.  Denver’s 4% unemployment rate would vanish as our working poor would gain jobs at a living wage. 

  In Florida, 1.5  million illegals would return the Sunshine State back to America, the rule of law, and English.

  In Chicago, Illinois, 2.1 million illegals would free up hospitals, schools, prisons and highways for a safer, cleaner and more crime-free experience. 

  If 20 million illegal aliens returned ‘home,’ the U.S.  Economy would return to the rule of law.  Employers would hire legal American citizens at a living wage.  Everyone would  pay their fair share of taxes because they wouldn’t be working off the books.  That would result in an additional $401 billion in IRS income taxes collected annually, and an equal amount for local, state and city coffers.

  No more push ‘1’ for Spanish or ‘2’ for English.  No more confusion in American schools that now must contend with over 100 languages that degrade the educational system for American kids.  Our overcrowded schools would lose more than two million illegal alien kids at a cost of billions in ESL and free breakfasts and lunches. 

  We would lose 500,000 illegal criminal alien inmates at a cost of more than $1.6 billion annually.  That includes 15,000 MS-13 gang members who distribute $130 billion in drugs annually would vacate our country. 

  In cities like L.A., 20,000 members of the ’18th Street Gang’ would vanish from our nation.  No more Mexican forgery gangs for ID theft from Americans!  No more foreign rapists and child molesters! 

  Losing more than 20 million people would clear up our crowded highways and gridlock.  Cleaner air and less drinking and driving American deaths by illegal aliens!

  America’s economy is drained.  Taxpayers are harmed.  Employers get rich.  Over $80 billion annually wouldn’t return to the aliens’ home countries by cash transfers.  Illegal migrants earned half that money untaxed, which further drains America’s economy which currently suffers an $8.7 trillion debt.  $8.7 trillion debt!!! 

  At least 400,000 anchor babies would not be born in our country, costing us $109 billion per year per cycle.  At least 86 hospitals in California, Georgia and Florida would still be operating instead of being bankrupt out of existence because illegals pay nothing via the EMTOLA Act.  Americans wouldn’t suffer thousands of TB and hepatitis cases rampant in our country – brought in by illegals unscreened at our borders. 

  Our cities would see 20 million less people driving, polluting and grid locking our cities.  It would also put the ‘progressives’ on the horns of a dilemma; illegal aliens and their families cause 11% of our greenhouse gases. 

  Over one million of Mexico’s poorest citizens now live inside and along our border from Brownsville, Texas, to San Diego, California, in what the New York Times called, ‘colonias’ or new neighborhoods.  Trouble is, those living areas resemble Bombay and Calcutta where grinding poverty, filth, diseases drugs, crimes, no sanitation and worse.  They live without sewage, clean water, streets, roads, electricity, or any kind of sanitation.

  The New York Times reported them to be America’s new ‘Third World’ inside our own country.  Within 20 years, at their current growth rate, they expect 20 million residents of those colonias.  (I’ve seen them personally in Texas and Arizona; it’s sickening beyond anything you can imagine.) 

  By enforcing our laws, we could repatriate them back to Mexico.  We should invite 20 million aliens to go home, fix their own countries and/or make a better life in Mexico.  We already invite a million people into our country legally annually, more than all other countries combined.  We cannot and must not allow anarchy at our borders, more anarchy within our borders and growing lawlessness at every level in our nation.

 

It’s time to stand up for our country, our culture, our civilization and our way of life. 

Interesting Statistics!

  Here are 14 reasons illegal aliens should vacate America, and I hope they are forwarded over and over again until they are read so many times that the reader gets sick of reading them:

 

  1. $14 billion to $22 billion dollars are spent each year on welfare to illegal aliens (that’s Billion with a ‘B’)  < <http://tinyurl.com/zob77.html> http://tinyurl.com/zob77.html>

 

  1. $7.5 billion dollars are spent each year on Medicaid for illegal aliens.   < <http://www.cis.org/articles/2004/fiscalexec.html> http://www.cis.org/articles/2004/fiscalexec.html>

 

  1. $12 billion dollars are spent each year on primary and secondary school education for children here illegally and they  still cannot speak a word of English! < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $27 billion dollars are spent each year for education for the American-born children of illegal aliens, known as anchor babies. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. $3 Million Dollars ‘PER DAY’ is  spent to incarcerate illegal aliens.  That’s $1.2 Billion a year. < <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.html>

 

  1. 28% percent of all federal prison inmates are illegal aliens .< <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01…html>

 

  1. $190 billion dollars are spent each year on illegal aliens for welfare & social services by the American taxpayers.  < <http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0610/29/ldt.01.html>

 

  1. $200 billion dollars per year in suppressed American wages are caused by the illegal aliens. <http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML> http://transcripts.cnn.com/TRANscriptS/0604/01/ldt.01.HTML

 

  1. The illegal aliens in the United States have a crime rate that’s two and a half times that of white non-illegal aliens.  In particular, their children, are going to make a huge additional crime problem in the US. < <http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html> http://transcripts.cnn.com/TRANscriptS/0606/12/ldt.01.html>

 

  1. During the year 2005, there were 8 to 10 MILLION illegal aliens that crossed our southern border with as many as 19,500 illegal aliens from other terrorist countries.  Over 10,000 of those were middle-eastern terrorists.  Millions of pounds of drugs, cocaine,  meth, heroin, crack, guns, and marijuana crossed into the U.S. from  the southern border.  < <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht<; <http://tinyurl.com/t9sht> http://tinyurl.com/t9sht>

 

  1. The National Policy Institute, estimates that the total cost of mass deportation would be between $206 and $230 billion, or an average cost of between $41 and $46 billion  annually over a five year period.  < <http://www.nationalpolicyinstitute.org/publications.php?b=deportation> http://www.nationalpolicyinstitute.org/publicationsphp?b=deportation>

 

  1. In 2006, illegal aliens sent home $65 BILLION in remittances back to their countries of origin, to their families and friends.  < <http://www.rense.com/general75/niht.htm> http://www.rense.com/general75/niht.htm>

 

  1. The dark side of illegal immigration:  Nearly one million sex crimes are committed by illegal immigrants in the United States!  < <http://www.drdsk.com/articleshtml> http://www.drdsk.com/articleshtml>

 

Total cost a  whopping $538.3 BILLION DOLLARS A YEAR ! 

If this doesn’t bother YOU, then just delete the message.  Otherwise, forward this to everyone YOU know!

Are you crying or laughing ? “

 

 

    While we seem to be a little behind the times seeing as how this commentary was published years ago , we felt that it was worth repeating . Although we were unable to track down a link to the original article it has been published on an endless number of blogs and websites over the past few years .

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A US Navy Warship, Yours For $180,000

 

 

 

 

 

” This is the Sea Slice, a Littoral Combat Ship (LCS), and the coolest craft a civilian can buy. No one else in Monaco, or even Lake Havasu will have one. For a craft that cost $15 million in the late 90s, it’s a steal.

  When Lockheed Martin (of SR-71 Blackbird fame) finished designing and building, the US Navy launched the Sea Slice in 1996, built to dart around lakes and near-shore water bodies.

  The design is a descendent of the small waterplane area twin hull (SWATH) class of ship. Regular SWATHs have two cylindrical pontoons for hulls, both of which sit below the water’s surface. That way, it avoids the speed- and stability-sapping waves on the surface. The Sea Slice here has four shortened teardrop-shaped hulls in total — two on each side, in lines behind each other. That design reduces drag even more, and reduces the wake.”

 

Popular Mechanics

 

 

 

 

 

 

 

 

 

 

 

‘Amnesty Bonuses’ In Tax Code: Illegal Immigrants To Receive Earned Income Tax Credit

 

 

 

” President Barack Obama has promoted his recent executive action on immigration by arguing that he’s only deferring action – holding off on enforcement of the current immigration laws until an immigration reform he approves of passes Congress. But that’s not really true; in fact there’s a way for illegal immigrants immediately to receive “amnesty bonuses,” as Senator Ben Sasse of Nebraska terms it.

  Here’s how. A recent Homeland Security Committee hearing on immigration revealed an alarming consequence of President Obama’s executive amnesty—that illegal immigrants with deferred status may be able to receive the Earned Income Tax Credit (EITC). Moreover, this person, who is here in the U.S. unlawfully, could be able to file an amended tax return for up to the last three tax years, possibly receiving upwards of $24,000 in tax credits.

  The discovery was made by Eileen J. O’Connor, a tax lawyer and the former head of the tax division of the United States Department of Justice, who used her congressional testimony in front of the Senate Homeland Security Committee to explain it. “The law makes a social security number a requirement of eligibility to receive the earned income credit,” O’Connor explained

“ By offering illegal aliens new payments under the Earned Income Tax Credit, the IRS may encourage fraud from those claiming children living in other countries. The Administration may have blown open the doors for fraud with amnesty bonuses of more than $24,000 to those who receive deferred action,” Sasse says in the statement.

“ This is basic economics: if you want more of something, you subsidize it. By subsidizing illegal entry with four years’ worth of new tax credits, the IRS would promote lawlessness. This program severely undermines the White House’s lip-service to enforcing the law and would increase the burden on law-abiding taxpayers.” “

 

Read more

 

 

 

 

 

 

 

 

 

 

 

 

Gallup CEO: Number Of Full-Time Jobs As Percent Of Population Is Lowest It’s Ever Been

 

 

Real Unemployment US

What is U6 unemployment rate ?
” The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the “marginally attached workers” include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over”

 

” Clifton went on America’s Newsroom today to explain the misleading government numbers.

“ The number of full-time jobs, and that’s what everybody wants, as a percent of the total population, is the lowest it’s ever been… The other thing that is very misleading about that number is the more people that drop out, the better the number gets. In the recession we lost 13 million jobs. Only 3 million have come back.You don’t see that in that number. “ “

 

 

 

 

 

 

 

Thanks to Jim Hoft at Gateway Pundit

 

 

 

 

 

 

 

 

 

 

 

Beloved SF Bookstore Becomes Casualty Of Minimum Wage Hike

 

 

 

 

” Independent bookstores have faced tough times for quite a while. In San Francisco, neighborhood businesses have been passionately protected, so it’s hard to believe that an initiative passed by voters to raise the minimum wage is driving a Mission District bookstore out of business.

  San Francisco’s minimum wage is currently $11.05 an hour. By July of 2018, the minimum wage in San Francisco will be $15 an hour. That increase is forcing Borderlands Bookstore to write its last chapter now.

” Everyone who works here does this because they love books, they love stories, and they love being booksellers,” said book store owner Alan Beatts.

  That’s why store owner Beatts found it so tough to post a sign in the front window that the store is closing. “We’re going to be closing by the end of March,” he said.

  Borderlands was turning a small profit, about $3,000 last year. Then voters approved a hike in the minimum wage, a gradual rise from $10.75 up to $15 an hour.

” And by 2018 we’ll be losing about $25,000 a year,” he said.”

 

 

A message to their customers from the owner’s website:

 

 

” Although the major effects of the increasing minimum wage won’t be felt for a while, we’ve chosen to close now instead of waiting for two reasons.  First, the minimum wage has already increased from $10.74 per hour to $11.05 (as of January 1st) and it will increase again on May 1st to $12.25.  Continuing to pay the higher wage without any corresponding increase in income will expend the store’s cash assets.  In essence, the store will have less money (or inventory) six months from now, so closing sooner rather than later makes better business sense.  But more importantly, keeping up our morale and continuing to serve our customers while knowing that we are going to close has been very painful for all of us over the past three months.  Continuing to do so for even longer would be horrible.  Far better to close at a time of our choosing, keep everyone’s sorrow to a minimum, and then get on with our lives.”

 

 

Simple economics eludes the Left . If it costs more there will be less of it .

 

 

 

 

 

 

 

 

 

 

 

 

Obama To Propose $3.99 Trillion Budget

 

 

 

 

 

” President Obama is unveiling a $3.99 trillion budget that is “designed to bring middle class economics into the 21st Century,” the White House announced Monday.

  The proposed budget “invests in helping working families make their paychecks go further, preparing hardworking Americans to earn higher wages, and creating the infrastructure that allows businesses to thrive and create good, high-paying jobs,” the White House said in a statement.

  To pay for new tax credits and other programs involving education, child care, paid leave, and new road and bridge construction, the budget calls for tax hikes on wealthier Americans by closing certain loopholes.

  Congressional Republicans said the president’s proposals — many of which leaked out in advance of Monday’s announcement — involve too many tax hikes and high-spending programs.”

 

 

Here are just a few of the goodies to be redistributed by the State under “Uncle” Barack’s proposed budget :

 

 

” Among the economic plans in the proposed budget:

• A child care tax credit of up to $3,000 per child.

• $750 million for a Department of Education preschool development program, an increase of $500 million.

• More than $3 billion for science, technology, engineering and math (STEM) education.

• A $500 tax credit for “second earners” in working families.

• A program encouraging paid leave programs for employees.

• Two years of community college tuition for qualified students, a program that would cost $60 billion over 10 years.

• $1 billion for a “long-term, comprehensive strategy” to develop a Central America “that is fully democratic (and) provides greater economic opportunities.”

    Note that a great deal of this spending is earmarked under the guise of “investment” in education which is just another means of rewarding one of his strongest constituencies , the teacher’s unions .

Read on

 

 

 

 

 

 

 

 

 

 

 

Top 5 NFL Hits To Taxpayers

 

 

 

 

Published on Jan 30, 2015

” Are you ready for some handouts?

Approximately 1 minute.

Produced by Meredith Bragg.

source: Conventions Sports & Leisure (.pdf)
https://cbsminnesota.files.wordpress….

Visit http://reason.com/reasontv/2015/01/30… for downloadable versions and subscribe to Reason TV’s YouTube Channel to receive notification when new material goes live. “

 

 

 

 

 

 

 

 

 

 

 

New York, Northeast Lead Nation In ‘Outmigration

 

 

 

 

 

” New York State and the Northeast region led the nation in domestic net “outmigration” in the period from July 1, 2013 to July 1, 2014 , according to newly released data from the Census Bureau. During the same period, Texas and the South led the nation in domestic net “immigration.”

  Domestic net outmigration is the number of residents who move out of a state or region to another part of the country minus the number of residents who move in from another part of the country. It does not include international migration—n.b. people who move into a state or region from outside the United States, or from a state or region to outside the United States.”

 

 

   This video dates from 2011 and demonstrates that the flight from NY has been ongoing for decades , which gives you an idea of how long the state has been so poorly managed …

 

 

 

 

 

 

” A state or region has domestic net immigration when the number of people moving in from another part of the country exceeds the number moving out.

  From July 1, 2013 to July 1, 2014, 30 states had a domestic net outmigration and 20 states plus the District of Columbia had a domestic net immigration.”

 

 

Here are the top ten states that people are fleeing:

 

” 1-New York (-153,921)

2-Illinois (-94,956)

3-New Jersey (-55,469)

4-California (-32,090)

5-Pennsylvania (-31,448)

6-Michigan (-28,679)

7-Connecticut (-26,216)

8-Virginia (-20,400)

9-Ohio (-18,243)

10-Massachusetts (-16,354) “

 

 

 

CNS News has more details

 

 

Here is some further reading on the “Exodus” state:

 

Going Going Gone: Why are People Leaving NY?

People leaving New York State

Escape From New York? High-Taxing Empire State

The “Exodus States:” People leaving New York

The States People Are Fleeing In 2013

Movers Study: People Leaving NY, NJ En Masse

Why Are People Leaving New York?

New Yorkers leaving state

 

 

 

 

 

 

 

 

 

Of More Than 3,000 U.S. Counties, Just 65 Have Recovered From Recession, NACo Says

 

 

NACo 4 indicators

 

 

” Seven years after the recession began, only one in 50 U.S. counties has fully bounced back, according to a study the National Association of Counties released Monday.

  The 2014 County Economic Tracker shows that 65 of the nation’s 3,069 counties have met or surpassed prerecession levels in four measured categories: jobs, unemployment rate, economic output and home prices.

  Those places range from Anderson County, S.C., to McKenzie County, N.D., to Kodiak Island, Alaska.

  National employment surpassed 2007 levels during 2014 and the U.S. gross domestic product had fully recovered from the recession by 2011. But the national unemployment rate was 5.6% in December compared with 5% when the recession began seven years earlier. And housing values in much of the country have yet to fully return.

  The recovered counties are largely located in energy-rich areas and have small populations. Of the 65 recovered counties, 24 are in Texas and 16 are in North Dakota. The others are generally in the middle of the country, including nine in Minnesota and eight in Kansas.

  None of the recovered counties has more than 500,000 residents.”

 

     This article , more than any other demonstrates that the nearly $3 Trillion in government stimulus spending was nothing more than wasteful cronyism handed out to favored unions , interest groups and corporations . Little or none trickled down to benefit the taxpayers actually footing the bill .

Wall Street Journal

 

 

 

 

 

 

 

 

 

 

 

Despite Decline In CPI, Food Index Increases In December

 

 

 

 

 

 

” Despite a decline in the overall Consumer Price Index (CPI) in December, the food index increased and the price index for meats, poultry, fish and eggs hit a record high, according to data released today from the Bureau of Labor Statistics (BLS).

  According to the BLS, “The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.4 percent in December on a seasonally adjusted basis. Over the last 12 months, the all items index increased 0.8 percent before seasonal adjustment.”

“ The gasoline index continued to fall sharply, declining 9.4 percent and leading to the decrease in the seasonally adjusted all items index,” said the BLS.

“ The fuel oil index also fell sharply, and the energy index posted its largest one-month decline since December 2008, although the indexes for natural gas and for electricity both increased,” said the BLS.

“ The food index, in contrast, rose 0.3 percent, its largest increase since September.” “

 

 

    Perhaps this has something to do with the record high food prices , after all Obama did promise that “electric prices would necessarily skyrocket” …

 

 

 

 

 

 

 

This is one promise candidate Obama has kept: Price of Electricity Hit Record High in U.S. in 2014

 

 

Electricity Price Index Hit All-Time High in 2014

 

 

 

 

CNS News has the details

 

 

 

 

 

 

 

 

 

 

6 Reasons The Math On Obama’s College Plan Doesn’t Add Up

 

Obama Community College

 

” There are at least six reasons that community college won’t be free anytime soon, no matter what President Barack Obama says.

  Obama, who traveled Friday to Pellissippi State Community College in Knoxville, Tenn., to tout the America’s College Promise plan, said he wanted to make higher education as accessible as a high school diploma for all Americans.

  But the plan has flaws that all but ensure it won’t be implemented and will serve only as a political proposal to make supporters happy.”

 

Read more

 

 

 

 

 

 

 

 

 

Obama To Propose Two Free Years Of Community College For Students 

 

 

 

 

 

” President Barack Obama will need the approval of Congress to realize his proposal for making two years of community college free for students.

   So far, that plan doesn’t have an official price tag — other than “significant,” according to White House officials. If all 50 states participate, the proposal could benefit 9 million students each year and save students an average of $3,800 in tuition, the White House said.

  But administration officials insisted on a call with reporters Thursday evening that “this is a proposal with bipartisan appeal.”

  Case in point: Republican Gov. Bill Haslam, whose brainchild Tennessee Promise program strongly influenced Obama’s proposal. Beginning this year, any high school graduate in that state is eligible for two years of free community college tuition under the Tennessee Promise.”

 

 

    Regardless of the “bipartisan appeal” how the f**k is a government that is 18 trillion dollars in the hole supposed to pay for yet another feel-good , vote buying entitlement ? Simple mathematics puts a real figure ($34.2 Billion annually) to the White House’s estimate of a “significant” cost and as always with State spending we can be sure the estimate is a very lowball one . WTF ?

    And putting aside the cost , where in the Constitution is the “right” to a free education ?

   With that in mind , let us not forget what the Obama administration has already “accomplished” in the field of education:

 

 

Student Loan Debt

 

What could possibly go wrong ?

 

 

Read on at Politico

 

 

 

 

 

 

 

 

 

 

Mexican President Offers Obama Help With Amnesty Documents

 

 

 

 

” Mexico’s president told President Obama Tuesday that his government will supply the documents necessary for millions of illegal Mexican immigrants to prove they’ve been living in the U.S. prior to 2010, a move that will help them qualify for Mr. Obama’s recently announced deportation amnesty.

  In an Oval Office meeting, President Enrique Pena Nieto praised Mr. Obama’s executive action on amnesty as “very intelligent and audacious,” and said his government will do everything in its power to ensure that Mexicans who want to stay in the U.S. can do so.

  The move has proven far more controversial in Washington, where Republican critics say the president’s unilateral move was unwise and unconstitutional.

  About two-thirds of the nearly 5 million illegal immigrants covered by Mr. Obama’s action are natives of Mexico. It’s not clear what kind of documentation the Mexican government will provide to show proof of residency in the U.S. prior to 2010 — the cutoff date to qualify for Mr. Obama’s amnesty plan and avoid deportation.”

 

When governments facilitate the breaking of the law , there is no law …

Read more

 

 

 

 

 

 

 

 

 

 

 

Federal Student Loan Debt Tops $800 Billion

 

 

Student Loan Debt

 

 

 

” From November 2013 through November 2014, the aggregate balance in the federal direct student loan program–as reported by the Monthly Treasury Statement–rose from $687,149,000,000 to $806,561,000,000, a one-year jump of $119,412,000,000.

  The balance on all student loans, including those from private sources, exceeded a trillion dollars as of the end of the third quarter, according to the Federal Reserve Bank of New York.

” Outstanding student loan balances reported on credit reports increased to $1.13 trillion (an increase of $8 billion) as of September 30, 2014, representing about $100 billion increase from one year ago,” the bank said in its latest report on household debt and credit. “

 

 

   The article goes on to explain just how this scheme is rigged to benefit the universities and not the students . Just another example of cronyism at the highest levels …

 

 

” By doling out a net average of about $100 billion per year in student loans, the federal government allows even the nation’s wealthiest universities to charge students more than they and their families can pay without going into debt.

  That makes colleges richer and students poorer.

  The federal government already has programs in place to forgive or payoff the student loans of Americans who engage in government-approved activities, or who do not do well enough financially in their after-college years to pay off their own loans.”

 

CNS News

 

 

 

 

 

 

 

 

 

 

 

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