Obama: Job Losses a ‘Sobering Reminder’ of the Work Ahead

It’s still the economy, stupid. Companies are petrified to hire anyone right now considering all the massive taxes the Democrats have lined up between health care reform and the global warming tax-a-palooza bill. Even solid companies that are flush with cash are loathe to bring on hew hires in any meaningful way. This isn’t surprising given the current political environment.

“Since the period last winter when we were losing an average of 700,000 jobs per month, we’ve certainly made some progress on this front,” Obama said.
Translation: Employers are running out of employees to lay off.
Next stop – more companies go under.

In his opening statement at a hearing of the House Financial Services committee, Bernanke told lawmakers that the Fed is “well suited” to supervise large, interconnected firms. As part of sweeping financial regulatory reform measures currently under discussion in Congress, the Obama administration has proposed that the Fed regulate these firms in an effort to avoid the government having to bail out so-called “too big to fail” companies as has occurred during the current crisis.
“There’s nobody more sick and tired of bailouts than me,” Bernanke said.
O tell us more Mr. Wizard! Tell us how the Fed is soooooo well qualified! Why doesn’t the Obama administration just man up, put all its cards on the table and confiscate everything so we can gat past the soft tyranny and get on with the hard tyranny.

“…he government spending billions of dollars and cutting taxes by billions…”
The problem is that the “tax cuts” were one-time cash infusions (in the form of transfer payments) instead of rate reductions. They provided zero incentive or stimulus for private-sector economic growth, and so we are not seeing any.

“Omigosh. Nine months and Obama still hasn’t cleaned up the enormous mess of a nearly depressed economy left by Republicans. It took Reagan three years to bring jobless rates down after inheriting a much less severely battered economy. Given that the only cure the Republicans have offered is more of the same stuff that got us into this mess, I’d say the main lesson is that it could have been worse. Much worse.
“But it’s time so seize on an historic moment. Republicans, after 28 years of avid deficit spending, are suddenly in favor of balanced budgets. It’s time to pass that balanced budget amendment Newt promised us back in 94, then promptly forgot after winning the elections. No more free tax cuts, dudes – which will leave Republicans with pretty much no policies at all.”
____________________________________
Shhh! The Republicans don’t like their criticisms and attacks interupted by reality.

You know, my heart just goes out to those who have lost jobs or who are afraid of losing their jobs. And to those who have lost or are afraid are afraid of losing their business, their savings, and their homes.
I hope this baby gets turned back around soon, and I hope for wisdom for those who have the responsibility to help make it happen.

my husnand lost his job in 1996!!!!!!!!!! he worked at a prominent bank in boston as a manager of one of their many vaults. we LOST OUR HOME in 1997! no-one cared then and no-one still cares. he had worked there for 17 YEARS!! we thrown in the street on my children’s first day of school.i had a nervous breakdown. we were homeless twice after that. we had a HUD backed loan, what a joke. i got in touch with them, our congressman and to no avail. the handwriting was on the wall as to the downfall of the economy. the bank he worked for was bought out! where were all these geniuses? our story should have come out back then, but my husband was too demolished by what had happened to him. where was our help then??????

In their most recent health care survey (9/11-13), CNN/Opinion Research (one of two pollsters that nailed the 2008 election results spot-on) asked Americans “From everything you have heard or read so far, do you favor or oppose Barack Obama’s plan to reform health care?”
51% Favor
46% Oppose

CNN! They were in shock. They could not believe the IOC would NOT give Chicago the Olympics! As of Sept 28, Rasmussen Reports national telephone survey finds that 56% are opposed to the plan.

IT TOOK 8 YEAR TO GET US IN THIS MESS. It will take us 16 to get out. Everyone knows it takes twice as long to get out of a mess.

“Translation: Employers are running out of employees to lay off.”
This has happened at my company in Michigan. We’re a skeleton crew barely holding it together and we expect our current job freeze to last well into next year. The local job market is dead so most of us are having to work 50 to 60 hours a week. It’s stressful and scary.

“my husnand lost his job in 1996!!!!!!… where was our help then??????”
marina | Oct 2, 2009 7:01:32 PM
Between 1995 and 1996 there were 2.4 million jobs created. In that ONE year there were almost as many jobs created as President Bush created in all 8 years of his terms in total (3.0 million). The US jobs market is dynamic, there is no employment for life. But in 1996 there was tremendous opportunity available.

“By the way, the U6 unemplyment % may be above 20 percent (as was predicted).”
U6 stands at 17%.
I am so glad that right wingers have started to embrace the U6 figure which they steadfastly IGNORED for 8 years during Bush when the U6 figure was twice the announced unemployment rate.
Even if its a craven embrace by the right wing, the U6 is a better measure of our employment situation and should be used more often.

Could there be a worse President? This guy has had multiple opportunities to stabilize the economy, provide leadership at home and show the world that the U.S. is the greatest nation on Earth.
Instead we have a FOOL apologizing to every country that puts him on a stage(while they laugh at him in back rooms), tries to ram a health care bill that is packed full of lies, puts a stimulus package in place last Spring that has done NOTHING to help the economy.
Jimmy Carter resurfaced with a comment because he knows he will no longer be perceived as the weakest and lamest president of the past 50 years. We’ve got one going down in flames right now!!!
One TERM!

Go see Capitalism: A Love Story.

Mr. President, the Olympics were not a national priority at this time. You should have stayed home and keep a watch on domestic affairs. Don’t let this Olympic bid flop be a sign of a failed presidency.

Could there be a worse President?
Posted by: Jim | Oct 2, 2009 7:47:23 PM
***
So you’ve been in a coma or something since 2001? Get real, dude.

a sobering reminder? vs drunken forgetfulness? the economy seemed like it was getting better, but now it is getting much worse. and the cash for clunkers spike in auto sales wore off and now everyone who could have afforded a new car bought one, so car sales dropped dramatically this month. how many jobs did he save this month? just make up a number, noone can check it for accuracy or believability. we need a president who can focus, and who doesnt need a reminder.

Does anyone believe obamas approval rating was down to 42%? and has increased 10 points? Numeros, are you just making up numbers in order to post something here?

Do you work for Michael Moore?

After 1 year, he owns this situation. Tick Tock

Ummmmm…..how about REDUCING government, and taxes etc! How about not throwing away billions on things like cash for clunkers? Notice how well they are doing now that that program is over? What has anything he has done helped this country? We can’t afford obamacare especially right now! Our great grand children are going to be carrying this debt throughout their lives! This has got to stop!!!

“Does anyone believe obamas approval rating was down to 42%? and has increased 10 points? Numeros, are you just making up numbers in order to post something here?”
Nope, not making them up; they are straight from Zogby’s website. Right wingers were shouting Zogby’s praises here on these blogs a month ago.

” The administration said unemployment would not go higher than 8% if the stimulus was passed. The administration lied.”
Jenny | Oct 2, 2009 8:10:31 PM
Cite it. Or even have the courage to actually fabricate a quote that anyone reading can google up themselves.
You are lying. The administration did release a report (Romer and Bernstein “The Job Impact of the American Recovery and Reinvestment Plan” that predicted the jobless rate would peak at 8.5% if the stimulus was passed AND that report included the following:
“It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental
uncertainty that comes with any estimate of the effects of a program.”
I provided my citation and a direct quotation that strongly indicates you are lying. Please offer any quotation or citation that supports your slander that “The administration said unemployment would not go higher than 8% if the stimulus was passed.”

“Though the President expressed concern for those Americans who have been affected by the recent job losses, he said that the high unemployment rate is to be expected in a time of economic recovery.”
The President may expect there to be high unemployment, but that does not help those of us who have been out of work for a very long time. Businesses are cautious about adding to their employment rolls because they have no idea when the recession will be over. There is no or limited credit, customers are cautious about spending money, and business owners don’t know what mandates health insurance bring about.
I’d rather have more real attention to job creation and less to traveling about the world or the country making speeches.

@Jenny, assuming you’re addressing your question to me? No, I don’t work for Michael Moore. I saw the movie today, though. We debated Capitalism in college. It’s just weird to see the results 15 years later. My instructor, who was from India, left it an open-ended debate because people were so heated. Some of my classmates were angry with him. They called him a socialist too. Judging from the mini-debates and slams on this blog, I can see that same mentality. It’s just strange and a bit unnerving when you sit back, put the partisanship aside, and really put things into perspective. Go see the movie.

” The administration said unemployment would not go higher than 8% if the stimulus was passed. The administration lied.”
Jenny | Oct 2, 2009 8:10:31 PM
Cite it. Or even have the courage to actually fabricate a quote that anyone reading can google up themselves.
You are lying. The administration did release a report (Romer and Bernstein “The Job Impact of the American Recovery and Reinvestment Plan” that predicted the jobless rate would peak at 8.5% if the stimulus was passed AND that report included the following:
“It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental
uncertainty that comes with any estimate of the effects of a program.”
I provided my citation and a direct quotation that strongly indicates you are lying. Please offer any quotation or citation that supports your slander that “The administration said unemployment would not go higher than 8% if the stimulus was passed.”
Posted by: jhw539 | Oct 2, 2009 8:15:44 PM
**********
Even Time magazine cited the quote. I can understand why you would be upset over this. The guy you voted for LIED.

Unemployment Continues to Climb
Unemployment has continued to climb at an alarming rate, despite passage of the $787 billion economic stimulus package. Explains The Australian News: “… only six months ago Obama was telling Americans that unemployment, then at 7.2%, could be held to a peak of 8% this year if Congress passed his $US787 billion stimulus package.
“Congress duly obliged and unemployment has galloped ahead ever since. Most economists now believe the 10% mark will be reached before the year is out.
“… Obama’s jobless prediction would be out of whack by more than four million jobs. As it stands now, he has miscalculated by about 2.6 million jobs.”
Okay – a couple more and then I have to go.

If we passed the stimulus, we shouldn’t have seen unemployment pass the 8% mark, what happened?
Seems like the stimulus stimulated the wrong unused airports! Maybe Michael Moore can try the unused airports with his 35 million dollar jet.

This is from ABC news:
The White House billed the trip as an “official” journey, so taxpayers picked up the costs for the slightly more than 14-hour round trip on Air Force One. The Defense Department pegs the operating costs for the president’s 747 at $100,219 per flight hour. Double it to include the backup plane that always accompanies the president. Add the costs of the Air Force 757 that Mrs. Obama used to fly to Copenhagen earlier in the week. It adds up to nearly $3-million dollars. And that doesn’t include the aircraft used to fly the presidential limousines and Secret Service vehicles there as well.

BUSINESS IS THE “ONLY” ENTITY WHICH CAN CREATE IMPROVEMENT IN THE ECONOMY. UNTIL OBAMA REALIZES THIS, ALL HE IS DOING IS BLOWING IN THE WIND!!! BUSINESS CREATES ECONOMIC WEALTH – GOVERNMENT DEPLETES IT. CUT THE CORPORATE TAX RATE (OURS IS THE SECOND HIGHEST IN THE WORLD) AND ELIMINATE THE CAPITAL GAINS TAX. IF OBAMA DOES THIS, IT WILL TURN THINGS AROUND VERY QUICKLY, AND……. IT WILL BE HIS “ONLY” CHANCE AT A SECOND TERM, OTHERWISE – ENTER MITT ROMNEY!!

Give him a chance, no one has made any progess in this world. Because he is black does not mean that he can not turn this world around. People can not continue to put the blame on him. There were others before him that left this world in the shape that it is in. What, is Obama supposed to turn this around in one night? Won’t happen! It took years to get us in this mess and it will take more to get us out.

“Okay – a couple more and then I have to go.”
Jenny | Oct 2, 2009 8:34:05 PM
You are citing paraphrases and exagrations of what Obama actually said. Where’s the quote? Are you just regurgitating headlines? I cited what the ADMINISTRATION ACTUALLY SAID – why do you keep passing along second hand assessments? Think!
“It should be understood that all of the estimates presented in this memo are subject to significant margins of error. There is the obvious uncertainty that comes from modeling a hypothetical package rather than the final legislation passed by the Congress. But, there is the more fundamental uncertainty that comes with any estimate of the effects of a program.”
-What the administration REALLY SAID according to documented reality
What you said was, “The administration said unemployment would not go higher than 8% if the stimulus was passed.” The administration said no such thing.

@ Hank, I know, I know, small businesses don’t trust Obama. They could go back to the day when Paulson walked to the podium and demanded a bailout without oversight, or else. Then everything will be just peachy.

People have become sorry. They blame the Gov for everything. They do not want Gov in their lives but as soon as something goes wrong or they dont hear what they want they blame the Gov from the President down. The Gov is not wrong without the American people sharing blame. A. We have lost whats important in this country and values taught are money is the most important thing and its a dog eat dog world. People helping strangers are just about a thing of the past. Teaching kids to treat others the way they would want be treated is just about gone. Look at the way people drive. Many will put all at risk just to save a minute. People will use their cell phone and even text and know its dangerous but your life isn’t as important as their phone call or texting a message. Just about everything wrong in the USA is brought on by the citizens and yet they point their finger at Obama and the Gov. Why cant Americans own up and take responsibility any more. Another fine message we are teaching to our young.
Guess what? Until we, as regular Americans take responsibility for our own actions from the economy on, it will never get better and it doesn’t matter who sits in the White House as it will just be someone else to blame. You think your Grand Kids biggest worry will be a Gov dept. That’s a joke. It will be the least of their problems.

Obama: “I’m working closely with my economic advisers to explore any and all additional options and measures that we might take to promote job creation,”.
How have I missed his proposals to reduce taxes and slash government spending? Can someone help provide me with those links?

@Temagami: You and Obama have one thing in common: the belief that businesses can not fail, hence the reason for the bailout. I did’t agree with the bailout. They should have been allowed to fail. Only then would they have gotten their crap in order. They were trying to protect Wall Street and capitalism. They should have let Wall Street go to crap and revamped our capitalistic system. That’s what Obama gets for trying to hold on to a corrupt system.

jhw539 | Oct 2, 2009 8:52:58 PM
I don’t claim business acumen for myself anymore than I assume it for you. However, you valid point hardly makes a dent in my assertion.

For those against health care reform, just keep what you have now.
For those who want jobs, start supporting companies that are still making things in the USA( http://www.locateamerican.com) Let your dollars send a message to the companies that move their production to China and elsewhere and then bring their items here for us to purchase. We have companies here that still make shoes, clothing, computers and even washing machines. If we don’t use their products do you think China will? Supporting US companies will cause a ripple effect on our economy.

Using the bastardization of the First Amendment as an example one might loosely make a case for Article 1, Section 8 permitting heathcare or socialism, however the general interpretation would be restricted those particular lines that follow as definition. However, that is not to say those lines couldn’t be bastardized as well.
We do poorly with elected officials, they seek our vote then go to the hill to further their own honorable selves. Sadly, we let them get away with it and even defend them according to their and our particular political stripe.
As an independent voter I could emit a chuckle if it were really funny. Instead I will point out that no matter what your politics the national debt and deficit spending that continues its increase is our CLEAR AND PRESENT DANGER! To pass even one more spending bill no matter how noble the cause without first coming up with a viable plan to mitigate the national debt is sheer lunacy.
What about 2010, elect more of the same?

WITHOUT CAPITALISM – WE WOULD BE LIVING AS A THIRD WORLD COUNTRY – NOT QUITE IN THE STONE AGE, BUT CLOSE! BUY THE WAY, ALL THE OTHER NATIONS IN THE WORLD CREATE ABOUT FIVE PERCENT OF NEW MEDS. GUESS WHICH COUNTRY CREATES THE OTHER NINETY -FIVE PERCENT??? TRASH CAPITALISM – HAVE AT IT. DUH!!!

I think the time has come to rename the Presidents’ “ORGANIZING FOR AMERICA” into
“apologizing for America”. Yes, the time has come to apologize but not in front of the world for America, but in front of the AMERICAN PEOPLE for continuing job losses, the loss of the leadership, the senseless spending, and polarizing our society as never before…

How about we quit blaming Obama for everything wrong and expecting him or our Gov to fix it. How about we take personal responsibility and own up and fix it ourselves. We certainly lent a big hand in breaking it. I guess blaming Obama and the Gov is easier than blaming ourselves. We broke it folks, not Obama or Bush. Put a Republican in the White House in 2012. It doesn’t matter as he or she will be just the next President to blame for all OUR bad decisions, bad economy and everything else that we broke. Take responsibility and quit waiting for our Gov to fix everything and I can only hope that the parents of kids are not teaching them to put blame on the Gov for all their problems. Teach your kids to take responsibility and to treat others as they would want to be treated. If they grow up with those simple yet hard values the country will move up any many ways on its own.

This guy got to go!

I still don’t think this guy has a clue about what the hell he is suppose to be doing. Instead of meeting with his administration about the economy, afghanistan, healthcare, and all of the current foreign problems he is off to Copenhagen to catch a far off event that part of Chicago didn’t even want. This guy needs to start reevaluating just what he was elected to do.
If he can’t get it right real damn quick 4 and out.

Job loses are not Obama’s fault. How many Americans bought what they couldn’t afford. How many Americans supported foreign owned companies and products instead of American made products and services. We we had our fun and over spent and usually spent making another country and its workers rich. Now we are paying for bad decisions we made and you want to blame Obama that has been is office less than a year. If we switch Presidents in three years we will just blame that person. Give me a break. Take responsibility America because until we do it wont get better and unless we can admit and learn from our mistakes it will happen again. We messed up and now bash our Gov for not fixing everything in a few months. Get real and get back to basics. Look in the mirror and start there.

Obama spent 25 minutes today with the top commander of Afghanistan.
He gave Leno and Letterman an hour.
Obama was set up to be the Democrats figurehead. Give pretty speeches and peddle his charm.
He is not a leader. He has no guts.
In the Senate he voted present 130 times
and he is still avoiding the tough decisions as president.

When things go wrong the first thing that happens is- both political party’s blame each other and the prolem that needs to be fixed is ignored.
Just look at all the negative commemts each of you have to say out there about who’s to blame. The fact is our economy can not sustain it self with out jobs.
The stimulis money was not geard to create jobs. So stop backing Obama’s idea of taxing the rich to stop creating jobs. Because thats what is happening. We are a capitalist country.
CAPITALIST CREATE AN ECONOMY AND JOBS.
SOCIALIST CREATE UN-EMPLOYMENT LINES LIKE WE ARE NOW HAVING ON OBAMA’S WATCH.IT DOES’NT MATTER WHO’S TO BLAME. WHAT MATTERS IS FIXING THE PROBLEM NOW!!!! GIVE THE MONEY TO THE PEOPLE TO SPEND INSTEAD OF GIVING IT TO BANKS AND MORE BAIOL OUTS.

“The economy is supposedly going in the right direction, but jobless rates were up 9.8% in the month of September.”
I think you meant to say the jobless rate was up to 9.8% in September. That’s up 0.1% since last month.

Two-faced and double dealing Mr Obama will sidestep the blame on the econonmy if it gets worse. To the Americans, he says, “Yes we can”. To the world, he says, “America cannot do it alone”.

John Demeter: To sustain a health economy and high employment requires real productivity.
Productivity produces job not capitalists. Capitalism is one necessary to create innovation within the market system.
However, our system is a trust and partnership of the private, public and government sectors which we can leverage checks and balances far greater than socialism can offer.
Sustaining an economy with jobs is not necessary hallmark of capitalism or socialism in their its purest forms.

CAW, although I appreciate and agree with your perspective on personal responsibility, I don’t necessarily agree this is the root problem. I think the housing market was the deal breaker. I personally know many people were using equity from their bloated home values to spend (which didn’t seem to be a problem for anyone because home prices were rising.) Well, the market has plummeted through no fault of most citizens. Too many people were getting homes that shouldn’t have been. There were reasons for needing 20% equity up front years ago to buy a home. All of a sudden, many people didn’t need a penny to put down for a home. If you didn’t need equity up front, why not buy a home? Builders couldn’t build fast enough to deal with the homeowner expansion. Prices climbed. And people started spending their equity. The spending isn’t happening anymore. People are losing their homes because they got into homes they shouldn’t have qualified for. Prices have plummeted due to the glut of homes out there. People are no longer able to take out the equity loans due to being “upside-down.” The economy will eventually recover by itself. But it will take time for housing and the stock market to turn around. I’m not convinced the stock market is stabile yet. Once housing and stocks stabilize and start to increase, spending will come back. Jobs will begin to be created. The government could be doing things to help stabilize the housing market. McCain mentioned this in his campaign. No one knows what could have been, but at least McCain was saying the housing market needed to be stabilized. All I hear from BO and the Libs is threats to industries (where jobs are located), increasing energy costs because of “global warming,” and nationalizing healthcare. None of this is going to create jobs. The “stimulus” was nothing but pork pet projects.

BK. I agree with you. The show is long tirm. Who realy watched?

This country has a serious problem with having an inexperienced President. He’s already to jump on agreements with Iran without holding sanctions out to prevent them from enriching more uranium. He is not taken seriously and has not received any concessions from India or China on climate change. He gave into Putin to not install a missile shield. Chavez has pushed him around. He has sided with the former Honduran President who illegally wanted to change the Constitution of Honduras. He has let pelosi and the Dems in Congress run all the bills and doesn’t understand the bills as written. We have a figurehead as President. Now he appears to be listening to Biden, Levin and Kerry on Afghanistan instead of the general who he gave all of 25 minutes to at the airport. He is all talk and no substance. That;s is what you elected.

Guys,
This is how the government works. When they get together and start to give numbers, they would pad it up so that people will feel good when it get worse. So if they say that they predict that the unemployment will reach past 10%, what they are saying privately in those meetings that it will go only as high as 8%.

“Since the period last winter when we were losing an average of 700,000 jobs per month, we’ve certainly made some progress on this front,” Obama said.
This is not progress Mr President it
is mathematics and logic!
The same companies do not lay off
workers month after month.
Therefore there are less companies
laying off workers as the year
progresses and therefore the number of
layoffs per month goes down.
Despite the president’s “happy talk”
there are no visable signs of recovery.
Banks continue to close.
Foreclosures on homes continue to
be high.
The banks are not lending more freely
in spite of the government bailout.
GM and Chrysler are still floundering
after billions of our tax dollars
were given to them.
The unemployment rate has gone from
8 percent to 9.8 percent since the
stimulus bill was rushed through
Congress in February(only 15 percent
has been spent).
What recovery are you talking about,
Mr President?

obamas popularity is slipping away here and internationally. that is what we get when we elect a non-qualified candidate-with no experience.
obama needs to stop campaigning for president of the world and get to work doing the job he was elected to do.

Any educated person knows job losses are the last component of an economy to recover from a recession. Republican propaganda will not deter this president or his voting bloc!

Open up Alaska’s ANWAR and get the oil and gas pipelines built! That will provide millions of jobs for America and get us off our dependence from foreign oil. Screw the environmentalists and their game of illusionary tactics!

Speaking of FOX, a Sacred Heart University poll found that Fox News was, by far, the LEAST trusted news organization. Fox News Channel’s Bill O’Reilly said: “For doing the study, the folks at Sacred Heart are patriots.”

“Um, so this ‘guy’ you heard on Fox was one of Obama’s friends?”
The guy I heard say that on Fox was the estimable Senator Roland Burress, who I certainly assume is one of Obama’s friends.

Sacred Heart University poll, September, 2009:
“Those named most frequently as the television news organization most trusted for accurate reporting in 2009 included: Fox News (30.0%), CNN (19.5%), NBC News (7.5%) and ABC News (7.5%).
“Fox News was also the television news organization trusted least. Just over one-quarter, 26.2%, named Fox News, followed by NBC News (9.9%), MSNBC (9.4%), CNN (8.5%), CBS News (5.3%) and ABC News (3.7%).”
Why did WWW not mention the first part? Isn’t he willing to be fair and balanced?

More from the Sacred Heart poll that WWW seemed to like so much before (maybe not so much now):
“Researchers asked respondents which television news organization they turned to most frequently. The top five news organizations were Fox News (28.4% – up from 26.5% in 2007), CNN (14.9% – down from 16.0% in 2007), NBC News (10.6% – down from 11.8% in 2007), ABC News (9.3% – down from 11.0% in 2007), and “local news” (7.6% – down from 8.5% in 2007). Other organizations respondents turned to most frequently included CBS News (7.4%), MSNBC (4.3%), PBS News (1.3%), CNBC (0.6%) and CBN (0.1%).
“Respondents were asked if they selected their favorite because they offer objective reporting or because they view the issues as they did. In results that were nearly three-to-one, 59.0% suggested they made their selection based on objective reporting, while 19.0% chose their favorite because they share the same views on issues.”
Fair, balanced and unafraid–and absolutely infuriating to the goofballs.

“A new study by Sacred Heart University in Connecticut says that Fox News is THE most trusted television news network in the USA. 30% of Americans say FNC is their most credible source of information. Second was CNN at 19%. Waaay down the list – NBC news 7 ½ %. For doing the study, the folks at Sacred Heart are patriots.” -Bill O’Reilly
If good old Bill is interested in being “Fair and Balanced” in his “No Spin Zone” why didn’t he mention that Fox News was the least trusted news organization?

President Obama reacted to the spike in job losses reported today by the Department of Labor upon his return from a failed Olympic bid in Copenhagen.
Who woulda thought that all it would take was a spike in job losses to get his attention? I for one, am both saddened and greatful to them if they have “peaked his interest”

Since he is my president, I am allowed to express my dissatisfaction at his job performance so far. Don’t try to blindside me with the previous administration,they had their own problems.I’m talking about this one. So far, not good.

“Respondents were asked if they selected their favorite because they offer objective reporting or because they view the issues as they did. In results that were nearly three-to-one, 59.0% suggested they made their selection based on objective reporting, while 19.0% chose their favorite because they share the same views on issues.”
Fair, balanced and unafraid–and absolutely infuriating to the
*****************************************
Hmmm…. They find it objective because it expresses their views. That is all there is to it.

Since he is my president, I am allowed to express my dissatisfaction at his job performance so far. Don’t try to blindside me with the previous administration,they had their own problems.I’m talking about this one. So far, not good.
Posted by: ShesmySarah | Oct 3, 2009 12:44:58 AM
_______________________________________
but the problems this adminstration is dealing with has a direct tie to the prior adminstration. Obama didn’t create these issues. They were left for him to clean up…….and anyone who fails to recognize that can’t be blindsided because you can’t blindside those who refuse to see!!

According to Sen. Tom Coburn’s pork report your tax dollars were wasted today in this manner…
Money intended for soldiers fighting war is instead being spent on senators’ home-state pet projects
Defense spending bill contains an earmark that has nothing to do with national defense, $20 million for an institute honoring late Senator Ted Kennedy
Maryland Senator earmarks tens of millions of dollars in a defense spending bill for her top campaign donors
New Jersey receives $4.8 million earmark to increase the size of Long Beach Island beaches and dunes
National Science Foundation hands out taxpayer cash in experiment to determine if birth order affects willingness to make risky economic decisions
Federal grant pays to design and build an exhibit about the significance of lacrosse

My son has had to move home because of job cuts, and has had some mighty fierce competition when a good job is available. O’bama is doing what? Wait, ask him when he’s back from his trip to promote Chicago? Isn’t that the MAYORS job????

dk& anyone who doesn’t see where their tax dollars are going: You want to continue to feed money into business that willl only drain your dollars with nothing to show for it?? come on! I’ll gladly help someone who will get in there & do it beside me….but to fund something without KNOWING WHAT YOU’RE PAYING FOR is nuts! The stimulus payments that are absolutely flying out the door are crazy! And your kids and mine will pay for them. It’s a spending spree, it should be a budget reconciliation. Lower income people need to have jobs, that are just not availble today. If every parent were legally required to financially support their chidren, we wouldn’t have the welfare system we have today. Instead, biological fahers are allowed to become “deadbeat dads” with no repercussions while the community at large pays for their childrens’ upbringing. I’m fed up.

A ”sobering reminder” of what a mistake it was to vote for Obama, if anyone should lose his job, he’d be the first one I’d fire – followed by all the left-wing nutjobs that now infest our gov’t.
But in 2010, we have a chance to fire the irresponsible incompetents in Congress – if anyone deserves to lose their cushy over-paid jobs, it’s certainly our Congressmen.
Now that’s what I call ”hope & change”!!!!!!

dk& anyone who doesn’t see where their tax dollars are going: You want to continue to feed money into business that willl only drain your dollars with nothing to show for it?? come on! I’ll gladly help someone who will get in there & do it beside me….but to fund something without KNOWING WHAT YOU’RE PAYING FOR is nuts! The stimulus payments that are absolutely flying out the door are crazy! And your kids and mine will pay for them. It’s a spending spree, it should be a budget reconciliation. Lower income people need to have jobs, that are just not availble today. If every parent were legally required to financially support their chidren, we wouldn’t have the welfare system we have today. Instead, biological fahers are allowed to become “deadbeat dads” with no repercussions while the community at large pays for their childrens’ upbringing. I’m fed up.
Posted by: Deborah | Oct 3, 2009 3:31:05 AM
_______________________________________
that’s funny I don’t remember seeing you complaining when your tax dollars were being spent in the form of the record deficits we saw the past decade. And don’t get me started about paying tax money to raise others kids….do your kids go to public school? I don’t have children but surely no-one has lowered my taxes. I pay higher rates while you write off your children at my expense. I’ll be listening closely to hear you complain about the tax money single people with no children pay out to make up for what you saving to write your off but I expect to hear VERY LITTLE!!!!! You want to talk about fed up? How about the feds eliminate the child write off and you actually pay your fair share. You had them so pay for them!!!
And are you sure you want to talk about welfare? When was the last time a Republican President did anything to change the welfare system? ENOUGH SAID!!!

The stimulus didn’t because it was the wrong approach. It did nothing for small business which is where the jobs need to be created. As soon as it is gone, the “stimulus” government jobs will vanish. Had they just cut taxes, it would have been instant and effective. Growing business is the solution.

Obama should have worked on healthcare, jobs and the wars instead of focusing on getting the Olympics for Chicago and his crooked friends. His 24 hour trip to Denmark cost the US taxpayers 10 million dollars.

The reason there is NO JOB’S in the U.S.A. most of the manufacturing plant have been out source to other countries for cheep labor!!!!shame on the CEO’S of these manufacturing plant !
“Our government let this happen to the working class people
of the U.S.A.”!
U.S.A. DON’T MAKE ANYTHING ANYMORE!!!
YOU CANT FIND LABELS ON ANYTHING YOU BUY STAMP WITH MADE IN THE U.S.A.ON STUFF IN WAL-MART,KMART OR EVEN THE MALL’S!
BRING BACK THE MANUFACTURING PLANTS and you will put the America people back to work!
We the U.S.A. use to be a self sufficient country of economic consumption
not no more it was removed from our hands.
U.S.A. was “the country’s largest manufacturer in the world “ITS GONE NOW!
“BAN THE OUT SOURCED MANUFACTURING PLANTS FROM SELLING THERE PRODUCTS
BACK TO THE U.S.A” TEACH THEM A LESSON FOR MOVING THERE PLANTS OUT OF THE U.S.A.!
PUT THE GOLD STANDARD AND MANUFACTURING PLANTS BACK IN PLACE FOR THE U.S.A.!
AND WE WILL TURN THE UNTIED STATES AROUND FROM THIS RECESSION!

The administration pushed the ‘stimulus’ plan through on fears that, without it, unemployment would rise above 9%. The justification for the ‘stimulus’ was to keep unemployment below 8%. ‘The best and brightest’ said trust us. Their plan has not only not worked but unemployment is far beyond even their own doomsday scenarios. Now Obama was us to ‘trust’ him on healthcare. I don’t think so.

$787 billion in (patronage) spending, massive federal deficits, untold waste, fraud, nepotism and corruption for 9.7% unemployment. Our taxes and our children and grandchildren’s well being have been sold for the sole benefit; power and wealth of the current rotten political class. Any representative who voted for this pork fest is a criminal and should be throw out of office at the very least.

Brendett NC | Oct 3, 2009 7:57:57 AM
…..I think manufacturers would be more inclined to have their plants in the USA if the Federal tax rates were not the highest in the world.

Jim:”Wingnuts, Your hero Mr Reagan destroyed this country when he put into motion an economic plan that insured 99% of the wealth would be controled by 1% of the population.”
Honestly? That’s an interesting spin. Today’s unemployment rate is the highest since 1983, Reagan’s first year in office. Reagan inherited a much larger mess than Obama. The major difference in their strategies is Reagan cut Social Security spending (I remember, I lost benefits), and dramatically cut income and corporate taxes, giving real hope to every American that the economy could turn around. And it did. All in a time of war.
They playbook is out there. Obama just needs to follow it.

Yet these new numbers don’t account for the roughly 500,000 people who quit looking for jobs last month alone. The media is yet again giving Obama an easy pass. This is already a failed administration. It will only get worse folks.

Instead of spending all the millions to
plead a hopeless case in demnark, obama
should have stayed home and tried to work on the unemployment problem we are
facing here.

Congratulations Rush Limbaugh. When you said you wanted Obama to fail I had no idea how much this country would follow you. I’ve never in all my life see so many people wanting a our president to fail. You’re all doing a great job at making it as impossible as one can make to get things fixed. Lets bring BUSH back. Maybe he can invade Peru. I hear they “might” have weapons of mass destruction. Hey, whay’s another few thousand lives to destroy. After all, the billions spent on a bogus war certainly hasn’t effected the economy.

“Adding more government jobs is not helping anyone.”
True since the private sector funds the public sector (a fact lost on libs). But even government job creation isn’t all that impressive.
Even more disturbing, a large chunk of the “stimulus” money spent so far is being used to extend unemployment benefits and Medicaid payments. How does sending out more WELFARE create new jobs? Lefties never seem to have an answer to that question.

“I’ve never in all my life see so many people wanting a our president to fail.”
Apparently you were asleep during the Bush years.

Obama not ready for Prime Time! Vote this idiot out!!!!

Has anyone ever watched a show on TV called “NUMB3RS”? It is a crime/drama/mystery where a mathematician fights for truth, justice and the american way. I came across an episode the other night. It answered a question that has been “nagging” at me for the longest time. The ol’ boy who writes this show must be the one who supplies all the “jobs saved” numbers to the government!

Jenn Said: “It’s so cute when libs try to present “facts.” The fact is that Reagan’s approach to combating unemployment (lowering taxes) was diametrically opposed to what Obama is doing (creating a welfare state).”
===================
LOL….. yes Jenn, Reagan “lowered taxes”, but did he reduce government spending? Answer: “No”… he lowered taxes while simultaneously borrowing, HUMONGOUSLY, to fund Department of Defense projects during his 8 years in office.
You really think that Reagan’s “reduce taxes” was what helped him pull out of the recession he was in? Go look at the National Debt under Reagan, and then, go look at government expenditures on military contracts for new weapon systems simultaneously… you’ll find that what pulled us out of the recession under Reagan was EXACTLY what will pull us out of this recession… “Massive government spending”. The only difference being, one President (Reagan) spent all his duckets on military contracts, and the other (Obama) is spending it on other government programs.

Courtesy of Bloomberg… The U.S. economic slump earlier this year was so severe it short-circuited the government’s model for calculating payrolls, raising the risk that today’s jobs report may be too optimistic.
About 824,000 more jobs may be subtracted from the payroll count for the 12 months through last March when the figures are officially revised early next year, a Labor Department report showed today. The revision would be the biggest since at least 1991.
The bulk of the miss occurred in the calculations for the first quarter of this year, the Labor Department said. The economy shrank at a 6.4 percent annual pace in the first three months of 2009, the worst performance since 1982.
The figures raise the possibility that the government’s calculations continue to miss the mark.
“We are probably still underestimating job losses,” said John Silvia, chief economist at Wells Fargo Securities LLC in Charlotte, North Carolina. “There could be another 30,000 to 40,000” that the data isn’t picking up, he said.
That would mean the loss of jobs for September could turn out to be as high as 300,000, rather than the 263,000 reported today by the Labor Department. Today’s report also showed the jobless rate climbed to 9.8 percent last month, a 26-year high.
The potential revision for the year through last March would mean that the economy lost 5.6 million jobs for the period instead of the 4.8 million now on the books.

X-Republican Because of Bush,
Again, since you conveniently ignored a key point in my comments, the methodology used for today’s BLS measurements is DIFFERENT than the one used during the Reagan era. The change was made during Clinton’s tenure. Care to dispute that? My guess is you’ll ignore this point yet again.
The fact is today’s BLS numbers make the unemployment picture look much rosier than it actually is. But keep searching The Huffington Post or Daily Kos for your talking points. Maybe you’ll hit on a new “fact” to share. It’s much easier than actually confronting reality all around you.

Jenn, so what was this methodology change? Between the Reagan years and the Clinton years… I’m curious.
And you of course, missed the key point about Reagan, i.e., Reagan also stimulated by massive government spending (spending on the borrowed dime). It looks really nice to delay having to pay taxes, when in reality, all Reagan and Bush did was keep the government the same size and BORROW TO PAY FOR IT.
I bet you have no clue how much the government paid out in INTEREST ONLY on the National Debt that Bush racked up during his 8 years, do you?

“If every parent were legally required to financially support their chidren, we wouldn’t have the welfare system we have today. Instead, biological fahers are allowed to become “deadbeat dads” with no repercussions while the community at large pays for their childrens’ upbringing. I’m fed up.”
I agree! Biological fathers and biological mothers both need to start fully supporting their offspring and stop taking welfare in the form of IOC payments and income tax deductions for dependents. Parents should stop taking these IRS handouts. If they want charity, go to the churches who advised them to be fruitful and multiply!

“He’s already lost the independent voting block that swept him in.”
Not quite.
The latest job approval ratings from Fox News show 46% of Independents approve and 41% disapprove. CBS/NYT shows 47% of Indies approve and 38% disapprove.
That’s still a goodly chunk supporting Obama.

Bryant, by historical trends we should be getting out of the recession by now.Take a macroeconomics course. The evidence that stimulus packages can accelerate a recovery is exceedingly thin-ask the Japanese.Paradoxically, the expansion of debt can dry up private investment capital,leading to delayed recovery and actual precipitation of a secondary period of decline.I fear that this is now happening.I believe that the stock market drop of last week may be reflective of that,although the market is not a great reflection of the true state of the economy.And no,at ths stage it is no longer Bush’s fault.

Numeros:”The latest job approval ratings from Fox News show 46% of Independents approve and 41% disapprove. CBS/NYT shows 47% of Indies approve and 38% disapprove.”
What are the Independent numbers in the swing states like Indiana, Ohio, Virginia, Missouri, Colorado and Florida? Everything else is noise.

We (the American public) are really keeping POTUS sober! We’re a real buzz kill.. even the beer summit won’t bring about any euphoria..
‘The Politics of Sobriety’

The president lied to get into office and now that he’s been there for a while, he’s finding that he’s got to lie to cover his earlier lies about job creation. Just another lying politician.

how’s that stimulus working out for you?
I think President Obama has done enough. If he would just quit doing things to help the economy then we might be able to start recovering, albeit with a little heavier burden.

To “X-Republican because of Bush:” Not only are you a liar (you were never a Republican you tool), but your facts are typical of your ilk: incorrect and misunderstood by the presenter because you and your ilk aren’t very intelligent, although you pretend to be, or play an intelligent person on TV. Carter had the unemployment rate up to 11.3% at one point, and interest rates and inflation soared under your second-favorite hero, fool. Carter invented the “Misery Index” which went away once he was swiftly voted out of office. Also, before the Carter/Clinton-induced housing market crash, we had Full Employment under Bush. Not everyone is as stupid as you sir, so please don’t believe everyone is impressed with your “research.”

To “Lon”….. LMAO! Looks like I hit your nerve (so easy to do with you “right-whiners”)…. and of course, you resort to things like calling people “stupid”… LOL… what an “educated” response!!! Where did you learn that debate technique? Was it 5th or 6th grade?, i.e., just before you completed your education… LOL.
Lastly, you may wish that other Americans leave “our” country… I just wish it wasn’t composed of so many people with an education level like yours… LMAO!

Posted by: ChicagoBob | Oct 4, 2009 11:34:38 AM
***
I watch SNL, too!! But you mixed something up in your hurry to parrot. Obama never said we’d leave Afghanistan– the argument is that he said he’d improve the conditions for soldiers fighting there, he event sent more troops and hired McCrystal, but now he may change the policy and things have taken a turn for the worse. Read up on the Repub talking points– you’re botching it by winging it and getting it wrong.

…but if you tell these almighty Dems to lower taxes, they act so holy telling you they are ‘taxing the rich’…without quite understanding that these ‘rich’ are actually small business owners who HIRE PEOPLE! The Dems push for minimum wage hike added something over 250K minimum wage workers to the unemployment lines…Obama and Pelosi have no concept of simple enconomics.

Obama will NEVER be elected again. I used to be a democrat, but now I see they are just for entitlement! The more people leaning on the government the better………Obama will be voted out by a landslide, if he has the stupidity to run again.

Does anybody in government have any idea what the hell they are doing? They said unemployment would not go above 8% its alot higher than that. Time to throw the bums out.

Mr. President, are you admitting that we should have elected someone who was already sobre and didnt need to constantly be reminded?

It should be the work of NOW, and not the work ahead.

It seems as though the Iraq war paid dividends to the Chinese oil industry..and we pretty much owe our collective souls to China.