Category: Economy


Chicago Activists Unchained, Destroy Black Leadership

 

 

 

 

Published on Oct 27, 2014

” http://RebelPundit.com Chicago activists Paul McKinley, Mark Carter, Joseph Watkins and Harold “Noonie” Ward recently went on the record with RebelPundit to deliver a message to black communities across the country.”

 

 

 

 

 

 

 

 

 

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Report: 71 Percent Of NH Job Growth Since 2000 Has Gone To Immigrants Over Americans

 

 

 

 

” A whopping 71% of new jobs in New Hampshire since 2000 have gone to foreign immigrant workers—both those who are here illegally and legally—a new report from the Center for Immigration Studies (CIS) found.

“ Job growth in New Hampshire has not been very strong,” Steven Camarota, CIS’s research director and the report’s co-author, said in a statement accompanying its release. “The situation for natives without a college education has been particular bad. Thus, it is surprising that many of New Hampshire’s politicians supported the Gang of Eight bill, which would give work authorization to illegal immigrants and dramatically increase the number of foreign workers allowed into the country in the future.”

  One particular politician in the state who supported the “Gang of Eight” bill, which would have hurt even more New Hampshire jobs than current immigration policy does, is incumbent Democratic Sen. Jeanne Shaheen (D-NH). Shaheen voted for the immigration bill and regularly defends it on the campaign trail, despite the fact that the data that CIS found shows New Hampshire’s citizens are struggling, and illegal and legal immigrants are taking many of the state’s new jobs.”

 

Breitbart

 

 

 

 

 

 

 

 

 

 

 

 

 

Chuck Lane NBC Created Chelsea's Job

 

 

 

” Last week, former Secretary of State Hillary Clinton spoke at a campaign rally for Democrat Martha Coakley and told her liberal audience “don’t let anybody tell you it’s corporations and businesses that create jobs.”

  On Monday night, the entire panel on Fox News’ Special Report w/ Bret Baier eagerly mocked Ms. Clinton’s comments with Chuck Lane of the Washington Post joking that he “thought NBC created a job for Chelsea so there is at least one corporation that has created a job.”

  Earlier in the segment, the Wall Street Journal’s Jason Riley profoundly condemned Ms. Clinton’s comments:

  This was a clumsy attempt to critique supply side economics which this country is no danger of returning to under President Obama. What we need is a critique of Keynesian economics. That’s what we’ve been experiencing. Government spending as a stimulus. How is that going for us? The slowest recovery in a generation or two. That’s what I would like it hear her defense of. 

  After Riley pointed out that America needed to reevaluate Keynesian economics being pushed by Democrats like Hillary Clinton and President Obama, Chuck Lane piled on Ms. Clinton one final time:  

  But, she has made quite a few gaffes now since this unofficial presidential campaign has gotten underway. And this one is going to have legs. Because you can put it into a little sound bite. You can turn it into an ad for the opposition and you can repeat it over and over and over again. And it’s obviously not a sensible comment because she herself had to walk it back. “

 

Read more at NewsBusters

 

 

 

 

 

CNN Poll: Voters Are Angry

 

 

 

 

 

 

” Nearly 7 in 10 Americans are angry at the direction the country is headed and 53% of Americans disapprove of President Barack Obama’s job performance, two troubling signs for Democrats one week before the midterm elections, a new CNN/ORC International Poll shows.

  Democrats are battling to try and save the Senate majority, while hoping to prevent more losses in the House, which the GOP controls by a 234 to 201 margin.

  In the Senate, Republicans need a net gain of six seats, and several state polls in the past month of contested races show that Democrats are in danger of losing control of the majority, and thus Congress. Currently, Democrats control the Senate by a 55-45 margin with two of those seats held by independents that align themselves politically with Democrats.

  The CNN/ORC poll shows that 30% of Americans are “very angry” and 38% are “somewhat angry” about the way things are going in the country, while 31% expressed “no anger” at all. CNN Polling Director Keating Holland notes the 31% of “very angry” Americans matches the mood of the country in 2010 when Republicans took back control of the House. “

CNN

Government Gold-Plating

 

 

 

 

 

” Sen. Tom Coburn (R-OK) released his annual Wastebook this past week. It contains a laundry list of doozies. The U.S. government’s gold-plating operations included $190,000 to study compost digested by worms, $297 million for the purchase of an unused mega blimp, and $1 million on a Virginia bus stop where only 15 people can huddle under a half-baked roof. These questionable (read: absurd) expenditures only represent the tip of the iceberg.

  Just consider the following: the Speaker of the House currently receives an annual salary of $223,500, and will receive a payment of roughly that amount, depending on the years of service, for life. An annual payment of this magnitude amounts to about five times the average annual wage in the United States. But that’s not all. For those who have had different positions in Congress, their retirements can be augmented. For example, Nancy Pelosi will not receive $223,500 for life, but roughly double that. Why? Because she is a member of Congress, currently the House of Representatives’ Minority Leader, and a retired Speaker of the House. For purposes of computing retirement pay, Congress adds and accumulates. They do not net.”

 

Read more at Cato

 

 

 

 

 

 

 

 

 

 

Hillary Clinton: Corporations And Businesses Don’t Create Jobs

 

 

 

” At a Democratic rally in Massachusetts, Hillary Clinton’s attempt to attack “trickle-down economics,” resulted in a spectacularly odd statement.

  Clinton defended raising the minimum wage saying “Don’t let anybody tell you that raising the minimum wage will kill jobs, they always say that.”

  She went on to state that businesses and corporations are not the job creators of America. “Don’t let anybody tell you that it’s corporations and businesses that create jobs,” the former Secretary of State said.

  Clinton’s comment will likely be used frequently to attack her as another big-government Democrat. She is seen by many as already running for president in 2016. “

 

 

    This is rich coming from a life-long lawyer and politician , two trades that have yet to produce a single honest job in the entire history of mankind … It takes a government to create a job …

 

 

Thanks to the Washington Free Beacon

 

 

 

 

 

 

 

 

 

How To Survive The Coming Chaos: Hope For The Best, But Prepare For The Worst

 

 

 

 

” I have long dabbled in the preparedness mindset but never really paid too much attention to it all until my town was hit hard by a mile-wide, category-three tornado that destroyed or severely damaged hundreds of homes in my immediate area. Ordered to evacuate my home for several days the realization that things can change very quickly and that ‘bad things’ can and do happen to otherwise completely normal people has compelled me to re-evaluate my own preparedness for a wide variety of possible scenarios.

  One cannot be hurt by being prepared for whatever may happen, but one will undoubtedly be hurt if one has not prepared for the unexpected. That has become my mindset and how I now approach the concept of preparedness. It just makes good sense to have plans and preparations in place for the unknown. It is every man’s duty to provide and protect his family no matter what happens and being prepared is the ultimate fulfillment of that duty as well as being a valuable insurance policy against a great many possible threats.

  Ideally, one should plan to hunker down and not leave your own home unless you absolutely have to. This is ‘bugging in.’ Planning around this allows you to stock large stockpiles of water, food, and other supplies without any major convenience. Know your neighbors well, and this will allow you to have a small base of supplies and a network of people in the immediate vicinity that can help each other out if things go south quickly for whatever reason. Be a good neighbor now and they’ll be an invaluable neighbor then. I live in a cul-de-sac and know everyone on the block fairly well. I bring them gifts of garden produce in the summers, wave at them when I drive by, and invite them all over when I have my big backyard birthday bashes. We have helped each other out at various times and I would feel comfortable turning to them for assistance or access to tools etc. if I had no choice. Such nominal relationships could come in very handy some day. You never know.

  Let’s examine each of the subjects of preparation I have mentioned: “

 

 

 

 

 

 

 

 

 

 Why Hillary Clinton Would Be A One-Term President, According To Peter Thiel

 

 

 

 

   The genius behind PayPal , Peter Thiel , speaks with Glenn Beck on the foolish monetary policy bankrupting America and the likelihood of a Clinton presidency being a one term affair .

 

 

 

 

82-Yr Old Grandmother Tired Of Democrat Games; Voting Republican

 

 

 

” This 82-year old grandmother called into C-Span Washington Journal and let the Democratic Party have it with frustrations and haymakers.

  I have noticed in years what the Democratic party has done to my people. Unemployment is higher in the black community….than anywhere else.

  I cannot say, there’s no way I can continue to say that I was a Christian and stay in the democrat party. They advocates the killing of babies, they advocate taking from the doers and giving to the ones sitting doing nothing……. “

 

Thanks to Wayne DuPree

 

 

 

 

 

 

 

 

Second Immigration Wave Lifts Diversity To Record High

 

 

 

Mapping American Diversity

Click Map To Go Interactive

 

 

” From a distance, the small group of Haitian immigrants at the public library looks like a prayer meeting or political gathering. Dressed colorfully but comfortably, the women speak in heavily accented English and sit every day for hours around a small wooden table studying to be nurses.

  The library sits at the heart of one of the most diverse counties in the USA. More than 50 languages are spoken in the public schools, and this is what more and more communities across America will look like soon — very soon.

  Racial and ethnic diversity is spreading far beyond the coasts and into surprising places across the USA, rapidly changing how Americans live, learn, work and worship together — and even who our neighbors are.

  Cities and towns far removed from traditional urban gateways such as New York, Miami, Chicago and San Francisco are rapidly becoming some of the most diverse places in America, an analysis of demographic data by USA TODAY shows.

  Small metro areas such as Lumberton, N.C., and Yakima, Wash., and even remote towns and counties — such as Finney County, Kan., or Buena Vista County, Iowa — have seen a stunning surge in immigrants, making those places far more diverse. 

The result: For the first time, the next person you meet in this country — at work, in the library, at a coffee shop or a movie ticket line — will probably be of a different race or ethnic group than you.”

 

 

Read the entire report from USA Today and say goodbye to the melting pot , hello Balkanization

 

 

 

 

 

 

 

 

 

 

Small Businesses Get A Debilitating Dose Of Reality As Health Insurers Unveil Their Rates For 2015

 

 

 Click The Pic For Interactive Map

 

 

 

” Although the Obama administration has yet to release the federal healthcare premiums for 2015, some private insurers have.

  One of them in Minnesota has indicated that they will be showing increases of up to 60% for their ACA-compliant policies. Preferred One, the largest and lowest-cost provider of health insurance in the state, pulled out of the state’s MNsure exchange last month due to its being “unsustainable.” “

 

 

 

 

 

 

” Furthermore, a study was also just released that surveyed 2,600 businesses around the state, finding that 74% said prices of healthcare insurance increased after the law went into effect and that most of these increases were over 10%.”

 

Rightwing News has more

 

 

 

 

 

AP-GfK Poll: Most Expect GOP Victory In November

 

 

Graphic shows results of AP-GfK poll on voter attitudes; …

 

 

” Two weeks before Election Day, most of the nation’s likely voters now expect the Republican Party to take control of the U.S. Senate, according to a new Associated Press-GfK poll. And by a growing margin, they say that’s the outcome they’d like to see.

  Among all adults, 38 percent say they’d like the Democrats to wind up in control of Congress, to 36 percent for the Republicans. But the GOP holds a significant lead among those most likely to cast ballots: 47 percent of these voters favor a Republican controlled-Congress, 39 percent a Democratic one. That’s a shift in the GOP’s favor since an AP-GfK poll in late September, when the two parties ran about evenly among likely voters.

  Women have moved in the GOP’s direction since September. In last month’s AP-GfK poll, 47 percent of female likely voters said they favored a Democratic-controlled Congress while 40 percent wanted the Republicans to capture control. In the new poll, the two parties are about even among women, 44 percent prefer the Republicans, 42 percent the Democrats.”

 

Read more

 

 

 

 

 

 

 

 

 

 

Overpaid Federal Employees

 

 

 

 

 

” With the election only weeks away, pundits are visualizing how a Republican-controlled Senate would impact future policy decisions.  Today’s Washington Post highlights the supposed plight of federal workers under a Republican Congress.

  The piece discusses House Budget Chairman Paul Ryan’s budget proposal:

  Under the Ryan budget, the contribution of most federal employees toward their retirement plan would increase by 5.5 percentage points with no increase in benefits — effectively a pay cut. Ryan emphasizes a “defined-contribution system” that centers on employee payments to their retirement program instead of the current system, which includes pensions from the U.S. government. He estimated his plan would save the government $125 billion over 10 years.

That $125 billion in savings, however, would come from the pockets of federal employees.

  The piece continues in a similar vein discussing Republican-supported legislation that would make it easier for federal employees to be disciplined, fired, and restricted in their conference expenditures–all  reasonable proposals. It cites federal employee union officials on the difficulties these policies would place on federal workers.

  But the piece fails to mention the elephant in the room: federal employees are compensated more generously than their private-sector counterparts.

  Using data from the Bureau of Economic Analysis, the average wage for a federal civilian employee in 2013 was $81,076, compared to the average wage of $55,424 for private-sector employees. “

 

Cato reports

 

 

 

 

 

 

 

 

 

34 MILLION Blank ‘Green Cards’ And Work Permits To Be Ordered Ahead Of Obama Illegal Immigrant ‘Amnesty

” U.S. Citizenship and Immigration Services plans to seek a vendor to produce as many as 34 million blank work permits and ‘green cards’ – the paperwork that authorizes illegal immigrants to live and work in the United States – as the White House prepares to issue an executive order after the Nov. 4 midterm elections.

  According to a draft solicitation published online, the government agency will look for a company that can produce a minimum 4 million cards per year for five years, and 9 million in the early stages.  

  President Barack Obama has pledged that he will make a move on immigration reform this year. His original timetable called for a decision by the end of the summer. 

  Republicans have decried the plan as an ‘amnesty’ for millions of illegal immigrants, including hundreds of thousands of unaccompanied minors who have come across the U.S.-Mexico border this year.

Along with its solicitation for blank green cards and work permits, USCIS published images showing what the finished cards will look like .”

Along with its solicitation for blank green cards and work permits, USCIS published images showing what the finished cards will look like

” A draft RFP – a Request For Proposal – is typically published in advance so government contractors can prepare to submit their bids when the final version is published. 

The draft came complete with photos of what the finished cards will look like. 

Breitbart.com first reported on the planned solicitation.

Obama’s high numbers of illegal immigration ‘removals’ – what used to be called ‘deportation’ – has earned him the nickname ‘deportation president,’ but most of those ejected border-crossers never get to the interior of the U.S.

Still, activists have protested his policies, including some who heckle his speeches. One yelled at him Sunday in the middle of a campaign stump speech supporting Democratic Maryland gubernatorial candidate Anthony Brown.

A USCIS official told MailOnline on Monday that the draft was published ‘in case the president makes the move we think he will,’ but added that the agency’s Document Management Division (DMD) is by no means committed to buying the materials.

A second official at the agency said the proposal was drafted as a contingency in case immigration reform legislation passes in Congress, not in anticipation of action from the White House.

Either way, the online draft explains that ‘DMD requires card consumables for the production of USCIS’ Permanent Resident Card (PRC) and Employment Authorization Document (EAD) cards.’

‘These cards and related consumables, when assembled, become highly specialized and secure identification documents.’

And a successful bid, the draft solicitation says, will be able to support a ‘potential “surge” in PRC and EAD card demand for up to 9M (9 million) cards during the initial period of performance to support possible future immigration reform initiative requirements.’ 

Advocates for Mexican and Central American immigrants have lambasted Obama for deporting illegal aliens even though the numbers are down sharply. This Sept. 8 protest in front of the White House featured a crying young boy (left) whose father was deported

Obama delayed his immigration action until after the midterm congressional election to avoid alienating law-and-order voters, but can afford to frustrate illegal imigrants – who can’t legally cast ballots 

Former State Department foreign service officer Jessica Vaughan, now an immigration expert at the Center for Immigration Studies, told Breitbart that the RFP ‘seems to indicate that the president is contemplating an enormous executive action that is even more expansive than the plan that Congress rejected in the ‘Gang of Eight’ bill.’

That legislation, which passed in the U.S. Senate last year only to be stalled in the House of Representatives, was a broad reboot of American immigration policy that won support from a handful of Republicans.

In included a provision to provide a pathway to citizenship for so-called ‘dreamers’ – people living in the country illegally who were brought to Americans as children before June 15, 2007. 

Obama’s Deferred Action for Childhood Arrivals (DACA) program, which he ultimately enacted without congressional support, uses the EAD cards as part of its implementation. 

USCIS says it processed 862,000 EADs overall between January and June of this year.

But ‘the guaranteed minimum for each ordering period is 4,000,000 cards,’ according to the draft RFP.

‘The estimated maximum for the entire contract is 34,000,000 cards.’

The company that ultimately wins the contract will also be required to store the blank cards until the government needs them.

USCIS draft solicitation uploaded by MailOnline  “

 

 

Thanks to the Daily Mail

 

 

 

 

 

 

The Death Rattle Of Europe’s Statist Dream

 

 

 

 

 

 

” Europe’s all-too-predictable relapse into recession is gathering force, threatening not only the pipe dream of economic and political unity, but eroding grandiose illusions that have helped prop up the world’s financial house of cards. The unwillingness of France in particular to play by the EU’s — i.e.,  Germany’s — rules appears to have doomed the EU dream. The idea of a borderless Europe bound by a common currency and a shared desire to forever banish war from the Continent was a lofty one, but it was mired from the start in deeply rooted political animosities, grass-roots skepticism and bureaucratic overreach. Now these problems, along with a great many others, have turned the EU project into a Tower of Babel. A million pages of meticulously codified EU rules might as well have been written in cuneiform, so inscrutable and arcane have they become.

  And useless as well. France’s prolonged economic death rattle has been made possible by running annual deficits larger by half than the 3% “allowed” by Brussels. And now, channeling  de Gaulle for what could turn out to be France’s last hurrah, the French have flouted Merckel’s authority, and common sense itself, by proposing to remedy the problem by hiring more government workers and expanding tax breaks.  Portugal, Greece, Spain and the other deadbeat rabble have been cheering them on, and why not? They think they have nothing to lose — that Germany is the only country with any skin in the game. Their folly is about to be laid bare, however, unless Germany gives in and allows Europe’s Central Bank to monetize the collective debts of Europe Fed-style. “

 

Continue reading

 

 

 

 

 

 

 

 

Obama To Allow 100,000 Haitians Into America Without A Visa

 

 

 

 

” Calling it ““an irresponsible overreach of the executive branch’s authority.,” Senator Charles Grassley, ranking Republican on the Judiciary Committee, is criticizing an executive order issued by the president that would allow at least 100,000 Haitian nationals into the United States to be “reunited with their families.”

Washington Times:

“ Which countries are next on President Obama’s list?” Mr. Grassley said. “Will there by medical screenings before entry? Will work permits be granted automatically? How will this affect American workers?”

  U.S. Citizenship and Immigration Services, the branch of the Department of Homeland Security that handles immigration benefits cases, announced Friday the program to unite Haitians already living in the U.S. with family members abroad will ramp up in 2015.

  At that time the State Department’s National Visa Center will begin notifying families who may be eligible to take part in the program. Those immigrants will allowed to apply for work permits while waiting for issuance of their permanent visas.

  The agency said the program will expedite “safe, legal and orderly migration.”

  A similar program that reunited Central American children with their parents had a fraud rate of about 70%. “

 

  Rick Moran @ American Thinker reports on Obama’s latest abuse of executive power to establish a “permanent democratic majority“™ …

 

 

 

 

 

 

 

 

 

Census Bureau: California Still Has Highest U.S. Poverty Rate

 

 

 

 

” California continues to have – by far – the nation’s highest level of poverty under an alternative method devised by the Census Bureau that takes into account both broader measures of income and the cost of living.

  Nearly a quarter of the state’s 38 million residents (8.9 million) live in poverty, a new Census Bureau report says, a level virtually unchanged since the agency first began reporting on the method’s effects.

  Under the traditional method of gauging poverty, adopted a half-century ago, California’s rate is 16 percent (6.1 million residents), somewhat above the national rate of 14.9 percent but by no means the highest. That dubious honor goes to New Mexico at 21.5 percent.

  But under the alternative method, California rises to the top at 23.4 percent while New Mexico drops to 16 percent and other states decline to as low as 8.7 percent in Iowa.

  The only other state to approach California in the alternate rankings is Nevada at 20 percent, although Washington, D.C., is close at 22.4 percent. “

 

Does anyone else find it peculiar that the poverty rates are greatest in the areas of Obama’s greatest support ?

 

 

Sacramento Bee

 

 

 

 

 

 

 

 

 

 

 

Ranking Known State Subsidies To Private Businesses

 

 

 

 

 

” While corporate welfare, whether in the form of subsidies or bailouts, is more often associated with the federal government, state governments also regularly use generous, targeted subsidy packages to entice corporations to locate within their borders. As these charts show, corporate welfare is a significant problem at the state level, with New York State leading the rest.

  This week’s charts use data from the Subsidy Tracker 2.0 dataset compiled by Good Jobs First, a government accountability and smart-growth advocacy group, to display the states (plus the District of Columbia) that disperse the highest amounts and numbers of subsidies, along with the top parent corporations that cumulatively benefit from these subsidies. 

  Comprehensive data on total state assistance to private businesses have long been hard to access, since the relevant information has been inconsistently scattered among various government reports and websites. The Subsidy Tracker project is an ambitious effort to compile state data on subsidized projects, amounts, beneficiaries, and outcomes in one location. The dataset distinguishes between 11 types of subsidies, including tax credits and rebates, property tax abatements, low-cost loans, infrastructure assistance, and enterprise zones. The dataset is a constantly updated work-in-progress; while it does not yet contain every single state subsidy, it is one of the most comprehensive sources of state subsidies assembled so far. Additionally, the database compilers decided to count sales tax exemptions on business purchases of inputs as a “subsidy.” However, some economists argue that applying sales taxes to input purchases would inefficiently favor vertically integrated firms over firms that purchase inputs from other businesses. Therefore, this kind of sales tax exemption is not a “subsidy,” but an efficient tax policy. Despite these important limitations, the dataset can give us an early glimpse of the rough value of the  subsidies that each state issues. The User Guide provides further details on the methodology.

  The first chart displays the states known to have extended cumulative subsidies exceeding $1 billion, according to the dataset. In the top portion, the states are ranked, left to right, from the highest amount of subsidies to the lowest amount of subsidies. In the bottom portion, the equivalent number of deals are displayed for each state. 

  New York state clearly leads the pack, extending a known 71,759 subsidy deals worth $21.71 billion. The second highest corporate beneficiary in the dataset, Alcoa, received a plum deal from the Empire State in 2007, raking in an astounding $5.6 billion to build an aluminum plant. “

Veronique de Rugy at Mercatus has much more on state funded corporate welfare

 

Public Attitudes Toward Federalism: The Public’s Preference For Renewed Federalism

 

 

Cato Federalism Poll

 

 

” For much of its history, the United States had a notably decentralized government structure. Since the 1930s, the national government has undertaken new efforts to regulate the economy and society and to redistribute resources. Those new efforts have implied a greater centralization of authority in Washington. In the past the public often supported such centralization. Public opinion about federalism has changed. Voters are more supportive of decentralized policymaking on many issues where they previously supported a stronger national role. This shift in the public mood is consistent with other polling data that indicates profound distrust in the capacity of the federal government to act on behalf of the public good. On some issues, like national defense, much of the public continues to support national primacy. Such issues are often assigned to Washington by the Constitution. In contrast, much polling finds that many citizens believe state and local governments are likely to perform better than Washington. Americans support a more decentralized federalism than in the past both on particular issues and as a general matter of institutional confidence. “

 

   The study is filled with topical data on the public’s shift away from supporting the overweening Leviathan state including this very telling nugget of information on attitudes towards healthcare …

 

Healthcare Federalism

 

   As the above graph demonstrates , there remains one segment of society that is out of touch with the mainstream on who should decide the issue of healthcare and it’s not the Right . The results are the same or very similar on a wide range of issues , all indicating a strong support of state’s rights with the single exception of education policy . 

The other single factor that remains steady is the Democrat’s desire for federal control over ALL issues . Once a statist , always a statist .

 

Read the entire study at Cato

 

 

 

 

 

 

 

 

 

 

 

Prefer GOP On Seven Of 13 Election Issues; Democrats, On Just Four

 

2014 Midterm Issues: Importance and Party Advantage

 

 

” The Republicans in Congress hold significant leads over the Democrats on four of the six issues that U.S. registered voters say are most important in determining how they will vote in November: the economy, the way the federal government is working, the situation with Islamic militants in Iraq and Syria, and the federal budget deficit. Democrats, by contrast, top their Republican rivals on just one of the six: “equal pay for women.”

  These results are from a Sept. 25-30 poll in which Gallup asked registered voters to rate the importance of 13 issues to their vote for Congress, and then to indicate which party would do a better job on each issue. The accompanying graph simultaneously displays the rankings of these issues on both dimensions. The higher an issue is, the greater the Republican Party’s advantage. And the farther to the right an issue is, the more important it is to the electorate.

  The 13 issues measured in the new poll include eight that appeared in a Gallup Poll conducted in April, before the midterm campaign season came into full bloom, plus five new ones. In total, six issues were rated above the average of 69%, in terms of the percentage of voters saying they are extremely or very important to their vote:

  1. the economy (88%)
  2. the availability of good jobs (86%)
  3. the way the federal government is working (81%)
  4. the situation with Islamic militants in Iraq and Syria (78%)
  5. equal pay for women (75%) and
  6. the federal budget deficit (73%)

  On the No. 1 issue, the economy, Republicans have more than doubled their April lead over Democrats, to 11 percentage points. “

 

Read the rest at Gallup

 

 

 

 

 

 

 

 

 

 

Economic Freedom Of The World

 

 

Economic Freedom Index

Click for interactive map

 

 

” Global economic freedom fell slightly in this year’s report, and it remains well below its peak level of 6.92 in 2007. The average score fell to 6.84 in 2012, the most recent year for which data is available. In this year’s index, Hong Kong retains the highest rating for economic freedom, 8.98 out of 10. The rest of this year’s top scores are Singapore, 8.54; New Zealand, 8.25; Switzerland, 8.19; Mauritius, 8.09; United Arab Emirates, 8.05; Canada, 8.00; Australia, 7.87; Jordan, 7.86; and, tied for 10th at 7.84, Chile and Finland.

  The United States, once considered a bastion of economic freedom, now ranks 12th in the world, tied with the United Kingdom at 7.81. Due to a weakening rule of law, increasing regulation, and the ramifications of wars on terrorism and drugs, the United States has seen its economic freedom score plummet in recent years, compared to 2000 when it ranked second globally.

  The rankings of other large economies in this year’s index are Japan (23rd), Germany (28th), South Korea (33rd), France (58th), Italy (79th), Mexico (91st), Russia (98th), Brazil (103rd), India (110th), and China (115th). “

 

Cato Institute

 

 

 

 

 

 

 

 

 

 

 

 

Those Who Have Fared Worst Under This President Are The Ones Who Love Him The Most

 

 

 

 

 

 

” A paradox haunts America’s first black president. African-American wealth has fallen further under Barack Obama than under any president since the Depression. Yet they are the only group that still gives him high ratings. So meagre is Mr Obama’s national approval rating that embattled Democrats have made him unwelcome in states that twice swept him to power. Those who have fared worst under Mr Obama are the ones who love him the most. You would be hard-pressed to find a better example of perception-driven politics. As the Reverend Kevin Johnson asked in 2013: “Why are we so loyal to a president who isn’t loyal to us?”

  The problem has taken on new salience with the resignation of Eric Holder. America’s first black attorney-general has tried to correct the gulag-sized disparities in prison sentencing between blacks and whites. His exit leaves just two African-Americans in Mr Obama’s cabinet. Given the mood among Republicans, it is hard to imagine the US Senate confirming a successor to Mr Holder who shares his priorities.”

Financial Times

Keystone Be Darned: Canada Finds Oil Route Around Obama

 

 

 

 

 

” So you’re the Canadian oil industry and you do what you think is a great thing by developing a mother lode of heavy crude beneath the forests and muskeg of northern Alberta. The plan is to send it clear to refineries on the U.S. Gulf Coast via a pipeline called Keystone XL. Just a few years back, America desperately wanted that oil.

  Then one day the politics get sticky. In Nebraska, farmers don’t want the pipeline running through their fields or over their water source. U.S. environmentalists invoke global warming in protesting the project. President Barack Obama keeps siding with them, delaying and delaying approval. From the Canadian perspective, Keystone has become a tractor mired in an interminably muddy field.”

 

 

 

 

 

 

” In this period of national gloom comes an idea — a crazy-sounding notion, or maybe, actually, an epiphany. How about an all-Canadian route to liberate that oil sands crude from Alberta’s isolation and America’s fickleness? Canada’s own environmental and aboriginal politics are holding up a shorter and cheaper pipeline to the Pacific that would supply a shipping portal to oil-thirsty Asia.

  Instead, go east, all the way to the Atlantic.

  Thus was born Energy East, an improbable pipeline that its backers say has a high probability of being built. It will cost C$12 billion ($10.7 billion) and could be up and running by 2018. Its 4,600-kilometer (2,858-mile) path, taking advantage of a vast length of existing and underused natural gas pipeline, would wend through six provinces and four time zones. It would be Keystone on steroids, more than twice as long and carrying a third more crude.

  Its end point, a refinery in Saint John, New Brunswick, operated by a reclusive Canadian billionaire family, would give Canada’s oil-sands crude supertanker access to the same Louisiana and Texas refineries Keystone was meant to supply.”

 

Read more at Bloomberg

 

 

 

 

 

 

 

 

 

 

 

China Just Overtook The US As The World’s Largest Economy

 

 

 

 

 

 

” Sorry, America. China just overtook the US to become the world’s largest economy, according to the International Monetary Fund.

  Chris Giles at the Financial Times flagged up the change. He also alerted us in April that it was all about to happen

  Basically, the method used by the IMF adjusts for purchasing power parity, explained here.

  The simple logic is that prices aren’t the same in each country: A shirt will cost you less in Shanghai than in San Francisco, so it’s not entirely reasonable to compare countries without taking this into account. Though a typical person in China earns a lot less than the typical person in the US, simply converting a Chinese salary into dollars underestimates how much purchasing power that individual, and therefore that country, might have. The Economist’s Big Mac Index is a great example of these disparities. “

 

Heck of a job , Barack … read more 

 

 

 

 

 

 

 

 

 

 

 

 

 

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