Radio
James Grant Interviewed by James Turk–Federal Reserve, National Debt, Money, Gold — Videos
James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA
The Coming U.S. Stock and Bond Market Crash of 2013-2014 — The Stock and Bond Big Bubble Burst — Central Banks Buying Gold! — Videos
BREAKING 2013 Economic Collapse Peter Schiff
Overdose: The Next Financial Crisis
David Stockman: We’re in a Monetary Fantasy Land
Ben Bernanke Is The Most Dangerous Man In US History
US BOND BUBBLE’S READY TO BURST!
Max Keiser: Propped Up Bond Market Set To Burst In April
U.S. Government Bond Bubble to Burst, Faber Says
James Grant and James Turk discuss gold, the Fed and the fiscal situation of the USA
USA Will Die – Economic Collapse 2013 – Jim Rogers
JIM ROGERS – 2013 to Be Bad, ‘God Knows What Will Happen in 2014′
Jim Rogers Predicts Global Depression In 2013-2014
Peter Schiff on Max Keiser – Stopping the Global Financial Crisis
Keiser Report: Psyops & Debt Diets
Max Keiser: Will the next crash be on Bonds?
MAX KEISER: Colossal Collapse Coming! Keiser Report
MAX KEISER: Colossal Collapse Coming! Keiser Report
ALEX JONES & Max Keiser 2013, Year of The GREAT CRASH!
Peter Schiff – Dollar Could Collapse This Fall 2013
Peter Schiff – Economic Collapse 2013
Fed Will Keep Printing Until The Dollar Collapses~ Jim Rickards
Jim Rickards Gold is Money ($7,000 Gold Price)
James Rickards Predicts US Inflation in 2013 due to the Devaluation of the US dollar
Currency Wars: Jim Rickards
Financial Pearl Harbor’ is a Real Threat Warns a Pentagon Adviser
CNBC Global Recession Is Coming – Marc Faber
Dr. Marc Faber – US is in 50-100 trillion worth of debt!
Marc Faber ‘We Are in the End Game’ Part 1
Marc Faber ‘We Are in the End Game Part 2
Marc Faber – We Could See a 1987-Like Market Crash – Be Prepared and Get OUT!
Marc Faber-No Government Complies With Anything
Total Economic Collapse, Death of the Dollar, Impovershment, WWIII, Marc Faber Interview
Gerald Celente Deal Or No Debt Deal, The Debt Still Exists
Bill Gross: Economy Faces Structural Headwinds, “I Think We Are Facing Bubbles Almost Everywhere”
ECONOMIC CRASH WORLDWIDE STARTING
Harry Dent predicts global economic crash in 2013
Planned Economic Collapse 2013-2014
Background Articles and Videos
Meltdown (pt 1-4) The Secret History of the Global Financial Collapse 2010
Meltdown (pt 2-4) The Secret History of the Global Financial Collapse 2010
Meltdown (pt 3-4) The Secret History of the Global Financial Collapse.2010
Meltdown – pt 4-4 The Secret History of the Global Financial Collapse (2010)
The Fall of Lehman Brothers
Goldman Sachs: Power and Peril – Documentary
The Ascent of Money: A Financial History of The World by Niall Ferguson Epsd. 1-5 (Full Documentary)
The Fall of the Dollar – The Death of a Fiat Currency part 1
The Fall of the Dollar – The Death of a Fiat Currency part 2
The First 12 Hours of a US Dollar Collapse
LIFE HIDDEN TRUTH 2013 GLOBAL FINANCIAL CRISIS
Billionaires Dumping Stocks, Economist Knows Why
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.
Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.
In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.
With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.
Unfortunately Buffett isn’t alone.
Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.
Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.
So why are these billionaires dumping their shares of U.S. companies?
After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.
It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%.
One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.
Editor’s Note: Wiedemer Gives Proof for His Dire Predictions in This Shocking Interview.
Before you dismiss the possibility of a 90% drop in the stock market as unrealistic, consider Wiedemer’s credentials.
In 2006, Wiedemer and a team of economists accurately predicted the collapse of the U.S. housing market, equity markets, and consumer spending that almost sank the United States. They published their research in the book America’s Bubble Economy.
The book quickly grabbed headlines for its accuracy in predicting what many thought would never happen, and quickly established Wiedemer as a trusted voice.
A columnist at Dow Jones said the book was “one of those rare finds that not only predicted the subprime credit meltdown well in advance, it offered Main Street investors a winning strategy that helped avoid the forty percent losses that followed . . .”
The chief investment strategist at Standard & Poor’s said that Wiedemer’s track record “demands our attention.”
And finally, the former CFO of Goldman Sachs said Wiedemer’s “prescience in (his) first book lends credence to the new warnings. This book deserves our attention.”
In the interview for his latest blockbuster Aftershock, Wiedemer says the 90% drop in the stock market is “a worst-case scenario,” and the host quickly challenged this claim.
Wiedemer calmly laid out a clear explanation of why a large drop of some sort is a virtual certainty.
It starts with the reckless strategy of the Federal Reserve to print a massive amount of money out of thin air in an attempt to stimulate the economy.
“These funds haven’t made it into the markets and the economy yet. But it is a mathematical certainty that once the dam breaks, and this money passes through the reserves and hits the markets, inflation will surge,” said Wiedemer.
“Once you hit 10% inflation, 10-year Treasury bonds lose about half their value. And by 20%, any value is all but gone. Interest rates will increase dramatically at this point, and that will cause real estate values to collapse. And the stock market will collapse as a consequence of these other problems.”
Read Latest Breaking News from Newsmax.com http://www.moneynews.com/MKTNews/billionaires-dump-economist-stock/2012/08/29/id/450265?PROMO_CODE=110D8-1&utm_source=taboola#ixzz2RhO2R5ey
Urgent: Should Obamacare Be Repealed? Vote Here Now!
Department of Homeland Security Mobilizes For War Against American People? — Buys 2,717 Mine Resistent Ambush Protected (MRAP) Vehicles and 1.6 Billion Rounds of Ammunition — Videos
Obama Civilian Security
Department Of Homeland Security Set To Purchase 1.6 Billion Rounds Of Ammunition
Is Obama Looking to Create a Civilian National Security Force?
Militarization of Police: Peace Officers to Storm Troopers | Big Brother Watch
Pentagon provides military grade weapons to local police
‘A militarization of US police’
DHS Doles Out Fed Cash to Deploy Military LRADs in U.S. Cities
DHS Gets Mine Resistant Tanks to Go with Billions of Bullets
DHS-HSI Homeland Security Investigations El Paso SRT MRAP Armored Vehicle
SRT (Special Response Team) on WGN TV
BREAKING: DHS 2013 Buys Armored Vehicles & Tanks ..2700 of them
DEPARTMENT OF HOMELAND SECURITY buys 2700 armored vehicles? Some say it’s a USMC contract. DHS buys BILLIONS of rounds of ammunition in the last 8yrs?. D.H.S. buying U.S. Military vehicles and equipment for use on Americans; there is no other excuse. D.H.S. is not for defense of America, we the people, and/or Constitution ..that is what the Armed Forces are supposed to be for. Billions of rounds of ammunition and all that military equipment is staged across America in about every neighborhood. NORTHCOM has stated that part of it’s mission is to prepare for “Martial Law” ..and has staged equipment from tanks to riot gear throughout America; according to the Commander of NORTHCOM that is being replaced shortly.
America : DHS purchasing Drones, Tanks, Rifles and Ammo for War inside the U.S.
2700 Armored Vehicles Purchased for Police Departments by DHS
Michael Savage – Obama DHS Purchases 2,700 Light-Armored Tanks
Forbes: Time For A National Conversation On DHS Massive Ammo Buy
Fox News Confirms Alex Jones DHS Ammo Purchases Story
NJ Congressman: DHS must explain ammunition and armored vehicle purchases
Homeland Security Buys 1.6 BILLION Rounds of Ammunition…
DHS Refuses to Answer Congress on 1.6 Billion Bullet Purchase
Levin Wants Answers On DHS Ammo Purchase But Not Obama Identity Document Fraud
War on US Citizens Planned – Part 1 of 2
War on US Citizens Planned – Part 2 of 2
Homeland Security buys 450 Million Rounds of Ammo
Breaking News USA police department Surveillance Drones Spying on civilians end times news 3-24-13
DHS Preparing For Civil War In The US?
Background Articles and Videos
Once again DHS orders hundreds of millions of rounds of ammo
Joint Mine Resistant Ambush Protected (MRAP) Vehicle Program (Part 1 of 2)
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Joint Mine Resistant Ambush Protected (MRAP) Vehicle Program (Part 2 of 2)
DHS Won’t Answer Congress On Billion Bullet Purchase
Bullet Buys: Fifteen members of Congress have written a letter to the Department of Homeland Security demanding to know why the federal agency is buying so many rounds of ammunition. We’d like to know too.
Freshman California Republican Doug LaMalfa and 14 of his House colleagues, who signed on to his March 5 letter, are asking the Department of Homeland Security to explain why it is buying 1.6 billion rounds of ammunition of various calibers. They aren’t happy with explanations provided so far in the press by lower-level officials, answers meant to debunk “unfounded” concerns.
As we have noted, DHS has been buying lots of ammo, enough by one calculation to fight the equivalent of a 24-year Iraqi War.
Peggy Dixon, spokeswoman for the Federal Law Enforcement Training Center in Glynco, Ga., told the Associated Press that the training center and others like it run by the Homeland Security Department use as many as 15 million rounds every year, mostly on shooting ranges and in training exercises.
The massive purchases are said to be spread out over five years and due simply to the best practice of saving money by buying in bulk what comes down to five rounds of ammo for every man, woman and child on the U.S. That’s a lot of practice and training.
A good portion of the 1.6 billion rounds of ammunition are being purchased by Immigration and Customs Enforcement, the federal government’s second-largest criminal investigative agency. Yes that’s the same ICE that is releasing detained criminal illegal aliens onto our streets because of sequestration cuts.
Jonathan Lasher, the Social Security Administration’s assistant inspector general for external relations, explained the purchase of 174,000 hollow-point bullets by saying they were for the Social Security inspector general’s office, which has about 295 agents who investigate Social Security fraud and other crimes.
When they say they’re cracking down on waste, fraud and abuse, they apparently mean it.
However, as former Marine Richard Mason told reporters with WHPTV News in Pennsylvania recently, hollow-point bullets (which make up the majority of the DHS purchases) are not used for training because they are more expensive than standard firing range rounds .
“We never trained with hollow points, we didn’t even see hollow points my entire 4-1/2 years in the Marine Corps,” Mason said.
LaMalfa offers one theory that’s less sinister than some: The federal government is simply trying to corner the market on ammo and restrict what’s available to the American people as part of its gun control efforts.
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1.6 Billion Rounds Of Ammo For Homeland Security? It’s Time For A National Conversation
Ralph Benko, Contributor
The Denver Post, on February 15th, ran an Associated Press article entitled Homeland Security aims to buy 1.6b rounds of ammo, so far to little notice. It confirmed that the Department of Homeland Security has issued an open purchase order for 1.6 billion rounds of ammunition. As reported elsewhere, some of this purchase order is for hollow-point rounds, forbidden by international law for use in war, along with a frightening amount specialized for snipers. Also reported elsewhere, at the height of the Iraq War the Army was expending less than 6 million rounds a month. Therefore 1.6 billion rounds would be enough to sustain a hot war for 20+ years. In America.
Add to this perplexing outré purchase of ammo, DHS now is showing off its acquisition of heavily armored personnel carriers, repatriated from the Iraqi and Afghani theaters of operation. As observed by “paramilblogger” Ken Jorgustin last September:
[T]he Department of Homeland Security is apparently taking delivery (apparently through the Marine Corps Systems Command, Quantico VA, via the manufacturer – Navistar Defense LLC) of an undetermined number of the recently retrofitted 2,717 ‘Mine Resistant Protected’ MaxxPro MRAP vehicles for service on the streets of the United States.”
These MRAP’s ARE BEING SEEN ON U.S. STREETS all across America by verified observers with photos, videos, and descriptions.”
Regardless of the exact number of MRAP’s being delivered to DHS (and evidently some to POLICE via DHS, as has been observed), why would they need such over-the-top vehicles on U.S. streets to withstand IEDs, mine blasts, and 50 caliber hits to bullet-proof glass? In a war zone… yes, definitely. Let’s protect our men and women. On the streets of America… ?”
…
“They all have gun ports… Gun Ports? In the theater of war, yes. On the streets of America…?
Seriously, why would DHS need such a vehicle on our streets?”
Why indeed? It is utterly inconceivable that Department of Homeland Security Secretary Janet Napolitano is planning a coup d’etat against President Obama, and the Congress, to install herself as Supreme Ruler of the United States of America. There, however, are real signs that the Department bureaucrats are running amok. About 20 years ago this columnist worked, for two years, in the U.S. Department of Energy’s general counsel’s office in its procurement and finance division. And is wise to the ways. The answer to “why would DHS need such a vehicle?” almost certainly is this: it’s a cool toy and these (reportedly) million dollar toys are being recycled, without much of a impact on the DHS budget. So… why not?
Why, indeed, should the federal government not be deploying armored personnel carriers and stockpiling enough ammo for a 20-year war in the homeland? Because it’s wrong in every way. President Obama has an opportunity, now, to live up to some of his rhetoric by helping the federal government set a noble example in a matter very close to his heart (and that of his Progressive base), one not inimical to the Bill of Rights: gun control. The federal government can (for a nice change) begin practicing what it preaches by controlling itself.
Remember the Sequester? The president is claiming its budget cuts will inconvenience travelers by squeezing essential services provided by the (opulently armed and stylishly uniformed) DHS. Quality ammunition is not cheap. (Of course, news reports that DHS is about to spend $50 million on new uniforms suggests a certain cavalier attitude toward government frugality.)
Spending money this way is beyond absurd well into perverse. According to the AP story a DHS spokesperson justifies this acquisition to “help the government get a low price for a big purchase.” Peggy Dixon, spokeswoman for the Federal Law Enforcement Training Center: “The training center and others like it run by the Homeland Security Department use as many as 15 million rounds every year, mostly on shooting ranges and in training exercises.”
At 15 million rounds (which, in itself, is pretty extraordinary and sounds more like fun target-shooting-at-taxpayer-expense than a sensible training exercise) … that’s a stockpile that would last DHS over a century. To claim that it’s to “get a low price” for a ridiculously wasteful amount is an argument that could only fool a career civil servant.
Meanwhile, Senator Diane Feinstein, with the support of President Obama, is attempting to ban 100 capacity magazine clips. Doing a little apples-to-oranges comparison, here, 1.6 billion rounds is … 16 million times more objectionable.
Mr. Obama has a long history of disdain toward gun ownership. According to Prof. John Lott, in Debacle, a book he co-authored with iconic conservative strategist Grover Norquist,
“When I was first introduced to Obama (when both worked at the University of Chicago Law School, where Lott was famous for his analysis of firearms possession), he said, ‘Oh, you’re the gun guy.’
I responded: ‘Yes, I guess so.’
’I don’t believe that people should own guns,’ Obama replied.
I then replied that it might be fun to have lunch and talk about that statement some time.
He simply grimaced and turned away. …
Unlike other liberal academics who usually enjoyed discussing opposing ideas, Obama showed disdain.”
Mr. Obama? Where’s the disdain now? Cancelling, or at minimum, drastically scaling back — by 90% or even 99%, the DHS order for ammo, and its receipt and deployment of armored personnel carriers, would be a “fourfer.”
- The federal government would set an example of restraint in the matter of weaponry.
- It would reduce the deficit without squeezing essential services.
- It would do both in a way that was palatable to liberals and conservatives, slightly depolarizing America.
- It would somewhat defuse, by the government making itself less armed-to-the-teeth, the anxiety of those who mistrust the benevolence of the federales.
If Obama doesn’t show any leadership on this matter it’s an opportunity for Rep. Darrell Issa, chairman of the House Oversight and Government Reform Committee, and Rep. Michael McCaul, chairman of the House Committee on Homeland Security, to summon Secretary Napolitano over for a little national conversation. Madame Secretary? Buying 1.6 billion rounds of ammo and deploying armored personnel carriers runs contrary, in every way, to what “homeland security” really means. Discuss.
Responses to Senator Coburn’s November 13, 2012 Letter
DHS Explains Plans To Buy 1.6B Rounds Of Ammo: We’re Buying in Bulk to ‘Significantly Lower Costs’
By Gregory Gwyn-Williams, Jr.
The Department of Homeland Security (DHS) has responded to a letter dated November 13, 2012 from Senator Tom Coburn (R-Okla.) regarding the agency’s ammunition purchases.
Sen. Coburn published the response on the U.S. Senate Committee on Homeland Security and Governmental Affairs website yesterday, April 1, 2013.
The response, dated February 4, 2013, says that DHS buys ammunition in bulk to “significantly lower costs.”
The letter states:
“DHS routinely establishes strategic sourcing contracts that combine the requirements of all its Components for commonly purchased goods and services such as ammunition, computer equipment and information technology services. These strategic sourcing contracts help leverage the purchasing power of DHS to efficiently procure equipment and supplies at significantly lower costs.”
While it has been previously reported that DHS has solicited the purchase of 1.6 billion rounds of ammunition over the next four to five years, the government agency shows only 263,733,362 rounds in its current inventory.
But, DHS estimates it will spend $37,263,698 on ammunition in FY 2013.
Last year, DHS spent $36,535,910, a decrease from 2011′s ammunition expense of $38,237,305.
Also, over the last three years the number of rounds purchased by DHS has declined.
In 2010, the agency purchased 148,314,825 rounds. In 2011, 108,664,054 rounds were purchased; and in 2012, 103,178,200 rounds.
In response to how the ammunition will be used by DHS, the various component agencies answered specific to their usage:
- CBP (Customs & Border Protection) said that “70 percent of CBP ammunition is used for quarterly qualifications.”
- ICE (Immigration and Customs Enforcement) says it “allocates 1,000 rounds of ammunition per firearm per year for quarterly qualifications and training.”
- TSA (Transportation Security Administration) says “35 percent of TSA ammunition is allocated for operational use (qualifications and duty carry).”
For Full DHS Response, Click Here.
Jean Shepherd — Videos
Jean Shepherd Tribute
Trailer – A Christmas Story (1983)
“A Christmas Story” is a 1983 Christmas comedy film based on the short stories and semi-fictional anecdotes of author Jean Shepherd. The film centers on 9 year old ”Ralphie” Parker, who only wants one thing for Christmas; a Red Ryder BB Gun.
Jean Shepherd: A Christmas Story WOR Radio 1974 1/5
Jean Shepherd: A Christmas Story WOR Radio 1974 2/5
Jean Shepherd: A Christmas Story WOR Radio 1974 4/5
Jean Shepherd: A Christmas Story WOR Radio 1974 3/5
Jean Shepherd: A Christmas Story WOR Radio 1974 5/5
Jean Shepherd – The Great American Fourth of July – PART 1
Jean Shepherd – The Great American Fourth of July – PART 2
Jean Shepherd – The Great American Fourth of July – PART 3
Jean Shepherd – The Great American Fourth of July – PART 4
Jean Shepherd – The Great American Fourth of July – PART 5
Jean Shepherd – The Great American Fourth of July – PART 6
Jean Shepherd – Route 22
Jean Shepherd – “Call-In Radio”
Jean Shepherd’s Parody of Lawrence Welk
Jean Shepherd’s America – Chicago (White Sox)
Phantom Of The Open Hearth (Complete) Jean Shepherd
Jean Shepherd on Beer
Jean Shepherd Cafe Incident WOR Radio NY
Jean Shepherd WOR Radio “Train Traffic Jam”
Jean Shepherd Plane Lands Part 1 of 2
Jean Shepherd Plane Lands Part 2 of 2
Jean Shepherd WOR Radio The Perfect Crime
Jean Shepherd Uncle Carl’s Essex
Jean Shepherd WOR Radio Stoned MG
Jean Shepherd The General
Jean Shepherd WOR Radio Air Corps Flight
Jean Shepherd WOR Radio Japanese Balloon Bombs
Jean Shepherd WOR Radio Ice Cream War
Jean Shepherd WOR Radio Troop Train Ernie
Jean Shepherd Cafe Incident WOR Radio NY
Jean Shepherd New York Worlds Fair Part 1 of 2
Jean Shepherd New York Worlds Fair Part 2 of 2
Jean Shepherd Ham Radio Part 1 of 2
Jean Shepherd WOR Radio describes getting his Class A Ticket. Part 1 1-7-64
Jean Shepherd was an American Radio and TV personality, writer and actor who was often referred to by the nickname “Shep”. He did a 45 minute nightly live radio show on WOR in New York for over twenty years. With a career that spanned decades, Shepherd is perhaps best-known to modern audiences for narrating the film A Christmas Story (1983), which he co-wrote, based on his own semi-autobiographical stories. As a kid he worked briefly as a mail carrier at a Indiana steel mill and earned his Amateur Ham radio license when he was 14. During World War II, he served in the U.S. Army Signal Corps. In 2005, Shep was posthumously inducted into the National Radio Hall of Fame.
Jean Shepherd Ham Radio Part 2 of 2
Jean Shepherd The Specialist Part 1 of 2
Jean Shepherd The Specialist Part 2of 2
Jean Shepherd Bums
Jean Shepherd – “Shepherd’s Pie”
[youtube=http://www.youtube.com/watch?v=I9XWucxFYuU]
Part 1: Jean Shepherd’s “I Libertine” Literary Hoax
Part 2: Jean Shepherd’s “I Libertine” Literary Hoax
Jean Shepherd
Jean Parker Shepherd (July 26, 1921 – October 16, 1999) was an American raconteur, radio and TV personality, writer and actor who was often referred to by the nickname Shep.[1]
With a career that spanned decades, Shepherd is best known to modern audiences[2] for the film A Christmas Story (1983), which he narrated and co-scripted, based on his own semi-autobiographical stories.
Early life
Born on the south side of Chicago, Illinois, Shepherd was raised in Hammond, Indiana, where he graduated from Hammond High School in 1939.[2] The movie A Christmas Story is based on his days growing up in Hammond’s southeast side neighborhood of Hessville. As a youth he worked briefly as a mail carrier in a steel mill and earned his Amateur Radio license, sometimes claiming he got it at 16, other times saying he was even younger. Shepherd was a lifelong White Sox fan.
During World War II, he served in the U.S. Army Signal Corps.[2] Shepherd then had an extensive career in a variety of media.
Career
Radio career
Shepherd began his broadcast radio career on WSAI in Cincinnati, Ohio in 1948. From 1951 to 1953 he had a late-night broadcast on KYW in Philadelphia, Pennsylvania, after which he returned to Cincinnati for a show on WLW. After a stint on television (see below), he returned to radio. “Shep,” as he was known, settled in at WOR radio New York City, New York on an overnight slot in 1956, where he delighted his fans[3] by telling stories, reading poetry (especially the works of Robert W. Service), and organizing comedic listener stunts. The most famous[4] of the last involved creating a hoax about a non-existent book, I, Libertine, by the equally non-existent 18th century author “Frederick R. Ewing”, in 1956. During a discussion on how easy it was to manipulate the best seller lists, which at that time were based not only on sales but demand, Shepherd suggested that his listeners visit bookstores and ask for a copy of I, Libertine which led to booksellers attempting to purchase the book from their distributors. Fans of the show eventually took it further, planting references to the book and author so widely that demand for the book led to it being listed on The New York Times Best Seller list.[citation needed] Shepherd, Theodore Sturgeon and Betty Ballantine later wrote the actual book, with a cover painted by illustrator Frank Kelly Freas, published by Ballantine Books.[5] Among his close friends in the late 1950s were Shel Silverstein and Herb Gardner. With them and actress Lois Nettleton, Shepherd performed in the revue he created, Look, Charlie. Later he was married to Nettleton for about six years.[6]
When he was about to be released by WOR in 1956 for not being commercial, he did a commercial for Sweetheart Soap, not a sponsor, and was immediately fired. His listeners besieged WOR with complaints, and when Sweetheart offered to sponsor him he was reinstated. Eventually, he attracted more sponsors than he wanted—the commercials interrupted the flow of his monologues. Ex WOR engineer, Frank Cernese, adds: The commercials of that era were on “ETs”—phonograph records about 14″ in diameter. Three large turntables were available to play them in sequence. However, Shepherd liked the engineer to look at him and listen when he told his stories. That left little time to load the turntables and cue the appropriate cuts. That’s when he started complaining about “too many commercials”!.[citation needed] He broadcast until he left WOR in 1977. His subsequent radio work consisted of only short segments on several other stations including crosstown WCBS. His final radio gig was the Sunday night radio show “Shepherd’s Pie” on WBAI-FM in the mid-1990s, which consisted of his reading his stories uncut, uninterrupted and unabridged. The show was one of WBAI’s most popular of the period.
In later life he publicly dismissed his days as a radio raconteur as unimportant, focusing more on his writing and movie work. This distressed his legions of fans who fondly remembered nights with Shepherd on WOR.[citation needed] He once made such comments during an appearance on the Tomorrow Show with Tom Snyder. This contrasts with his frequent criticisms of television during his radio programs.
In addition to his stories, his shows also contained, among other things, humorous anecdotes and general commentaries about the human condition, observations about life in New York, accounts of vacations in Maine and travels throughout the world. Among the most striking of his programs was his account of his participation in the March on Washington in August 1963, during which Dr. Martin Luther King gave his “I Have a Dream” speech, and the program that aired on November 25, 1963—the day of President Kennedy’s burial. However, his most scintillating programs remain his oftimes prophetic, bitingly humorous commentaries about ordinary life in America.
Throughout his radio career, he performed entirely without scripts. His friend and WOR colleague Barry Farber marveled at how he could talk so long with very little written down.[citation needed] Yet during a radio interview, Shepherd once claimed that some shows took several weeks to prepare. On most of his Fourth of July broadcasts, however, he would read one of his most enduring and popular short stories, “Ludlow Kissel and the Dago Bomb that Struck Back,” about a neighborhood drunk and his disastrous fireworks escapades. In the 1960s and 1970s, his WOR show ran from 11:15 pm to midnight, later changed to 10:15 pm to 11 pm, so his “Ludlow Kissel” reading was coincidentally timed to many New Jersey and New York local town fireworks displays, which would traditionally reach their climax at 10 pm. It was possible, on one of those July 4 nights, to park one’s car on a hilltop and watch several different pyrotechnic displays, accompanied by Shepherd’s masterful storytelling.
Shepherd wrote a series of humorous short stories about growing up in northwest Indiana and its steel towns, many of which were first told by him on his programs and then published in Playboy. The stories were later assembled into books titled In God We Trust, All Others Pay Cash, Wanda Hickey’s Night of Golden Memories: and Other Disasters, The Ferrari in the Bedroom, and A Fistful of Fig Newtons. Some of those situations were incorporated into his movies and television fictional stories. He also wrote a column for the early Village Voice, a column for Car and Driver, numerous individual articles for diverse publications, including Mad Magazine (“The Night People vs. Creeping Meatballism”, March/April 1957), and introductions for books such as The America of George Ade, American Snapshots, and the 1970 reprint of the 1929 Johnson Smith Catalogue.[7][8]
When Eugene B. Bergmann’s Excelsior, You Fathead! The Art and Enigma of Jean Shepherd was published in 2005, Publishers Weekly reviewed:
This prismatic portrait affirms Shepherd’s position as one of the 20th century’s great humorists. Railing against conformity, he forged a unique personal bond with his loyal listeners, who participated in his legendary literary prank by asking bookstores for the nonexistent novel I, Libertine (when publisher Ian Ballantine had Shepherd, author Theodore Sturgeon, and illustrator Frank Kelly Freas make the fake real, PW called it “the hoax that became a book”). Storyteller Shepherd’s grand theme was life itself… Novelist Bergmann (Rio Amazonas) interviewed 32 people who knew Shepherd or were influenced by him and listened to hundreds of broadcast tapes, inserting transcripts of Shepherd’s own words into a “biographical framework” of exhaustive research.[9]
Television and films
Early in his career, Shepherd had a television program in Cincinnati called Rear Bumper.[2] He claimed that he was recommended to replace the resigning Steve Allen on NBC’s Tonight Show. Shepherd was reportedly brought to New York City by NBC executives to prepare for the position, but they were contractually bound to first offer it to Jack Paar. The network was certain Paar would hold out for a role in prime time, but he accepted the late-night assignment. However, he did not assume the position permanently until Shepherd and Ernie Kovacs had co-hosted the show.
In 1960 he did a weekly television show on WOR in New York, but it did not last long. Between 1971 and 1994, Shepherd became a screenwriter of note, writing and producing numerous works for both television and cinema. He was the writer and narrator of the show Jean Shepherd’s America, produced by Boston Public Television station WGBH in which he told his famous narratives, visited unusual locales, and interviewed local people of interest. He used a somewhat similar format for the New Jersey Network TV show Shepherd’s Pie. On many of the Public TV shows he wrote, directed and edited entire shows.[citation needed]
He also wrote and narrated many works, the most famous being the feature film A Christmas Story, which is now considered a holiday classic. In the film, Shepherd provides the voice of the adult Ralph Parker. He also has a cameo role playing a man in line at the department store waiting for Santa Claus. Much to Ralphie’s chagrin, he points out to him that the end of the line is much further away.
Ten years later, Shepherd and director Bob Clark returned to the same working-class Cleveland neighborhood to film a sequel, It Runs In The Family (later known as My Summer Story) released by MGM in 1994, with an entirely different cast from the previous film. The PBS series American Playhouse aired a series of television movies based on Shepherd stories, also featuring the Parker family. These included Ollie Hopnoodle’s Haven of Bliss, The Star-Crossed Romance of Josephine Cosnowski, The Great American Fourth of July and Other Disasters,[10] and The Phantom of the Open Hearth.[11]
Live performances and recordings
On Saturday nights for several years, Shepherd broadcast his WOR radio program live from the Limelight Cafe in New York City’s Greenwich Village, and he also performed at many colleges nationwide. His live shows were a perennial favorite[citation needed] at Rutgers to wildly enthusiastic standing room only crowds, and Fairleigh Dickinson Universities (he often referred to the latter as “Fairly Ridiculous University” on his WOR show). He performed at Princeton University annually for 30 years, until 1996. He performed before sold-out audiences at Carnegie Hall and Town Hall. He was also emcee for several important jazz concerts in the late 1950s. Shepherd improvised spoken word narration for the title track on jazz musician Charles Mingus’s 1957 album The Clown. Eight record albums of live and studio performances of Shepherd were released between 1955 and 1975. In 1994, Shepherd recorded the opening narration and the voice of the Audio-Animatronics “Father” character for the updated Carousel of Progress attraction at Walt Disney World Magic Kingdom, still heard today.
Music
On some of his broadcasts he played parts of recordings of such novelty songs as “The Bear Missed the Train” (a parody of the Yiddish ballad “Bei Mir Bist Du Schoen”) and “The Sheik of Araby”. Sometimes Shepherd would accompany the recordings by playing the Jew’s harp, nose flute, or kazoo, and occasionally even by thumping his knuckles on his head.
The theme song of his show was “The Bahn Frei Polka” by Eduard Strauss. The particular version he used was a 1958 recording by Arthur Fiedler and the Boston Pops.
Ham radio
Shepherd held the ham radio call signs W9QWN (2907 Cleveland St., Hammond, Ind.) and later K2ORS (New York). A 1938 W9QWN QSL card shows him signing the name (handle) “Shep”. This is also confirmed from an early log book. He was very active on ham radio until his death. He is listed in the 1962 Amateur Radio Callbook as K2ORS, 1307 Avenue of the Americas, New York, N.Y.
For a number of years, while married to Lois Nettleton, his address was 340 East 57th Street in New York City. His last residence in NYC was on West 10th Street in Greenwich Village, where he lived for many years. He is also credited as the voice for the ARRL’s tape series Tune In the World with Ham Radio. This series of tapes helped many young people become ham radio operators.
Marriages, children and death
Jean Shepherd was married four times. A brief first marriage, about which virtually nothing is known, has been confirmed by Shepherd’s son, Randall and by Shepherd’s third wife, Lois Nettleton.
- Joan Laverne Warner: September 9, 1950 – 1957 (divorced)
- Son: Randall Shepherd born 1951
- Daughter: Adrien Shepherd born December 16, 1957.
- Lois Nettleton: December 3, 1960 – 1967 (divorced)[12]
- Leigh Brown: March 2, 1977 – July 16, 1998 (her death)
Shepherd spent his final years in relative seclusion on Sanibel Island, Florida, with his wife Leigh Brown. She was also his producer at WOR, and played many roles in his varied career. As Shepherd attained a rotund figure in his later years, Leigh would refer to him as “ma pamplemousse,” or, “my grapefruit.” He died on Sanibel Island in 1999 of “natural causes.”
Fact and fiction
It is unknown to what extent Shepherd’s radio and published stories were fact, fiction or a combination of the two. The childhood friends included in many of his stories were people he claimed to have invented, yet high school yearbooks confirm that many of them did exist. His father was a cashier at the Borden Milk Company. Shepherd always referred to him as “my old man.” During an interview on the Long John Nebel Show—an all-night radio program that ran on WOR starting at midnight—Shepherd once claimed that his real father was a cartoonist along the lines of Herblock, and that he inherited his skills at line drawings. This may well have not been true but Shepherd’s ink drawings do adorn some of his published writings, and a number of previously unknown ones were sold on eBay from his former wife Lois Nettleton’s collection after her death in 2008.
The 1930 Federal Census Record for Hammond, Indiana indicates that Jean’s father did work for a dairy company. His actual occupation reads “cashier.” The 1930 census record (which misspells the last name as “Shephard” when searching) lists the following family members: Jean Shepherd, age 30, head; Anna Shepherd, age 30, wife; Jean Shepherd, Jr, age 8, son; and Randall Shepherd, age 6, son. According to this record, Jean Sr, Anna, Jean Jr, and Randall were all born in Illinois. Jean, Sr’s parents were born in Kansas. Ann’s parents were born in Germany.
Jean Shepherd had two children, a son Randall and a daughter Adrien, but publicly denied this. Randall Shepherd describes his father as having frequently come home late or not at all. Randall had almost no contact with him after his parents’ divorce.[13]
Legacy
Shepherd’s life and multimedia career are examined in the 2005 book Excelsior, You Fathead! The Art and Enigma of Jean Shepherd by Eugene B. Bergmann (ISBN 0-55783-600-0).
Shepherd’s oral narrative style was a precursor to that used by Spalding Gray and Garrison Keillor. Marshall McLuhan in Understanding Media wrote that Shepherd “regards radio as a new medium for a new kind of novel that he writes nightly.” In the “Seinfeld Season 6″ DVD set, commenting on the episode titled “The Gymnast” Jerry Seinfeld says “He really formed my entire comedic sensibility—I learned how to do comedy from Jean Shepherd.” Furthermore, the first name of Seinfeld’s third child is “Shepherd.” On January 23, 2012 the Paley Center for Media (formerly The Museum of Television and Radio) presented a tribute to Jean Shepherd. Jerry Seinfeld was interviewed for the hour and discussed how Shepherd and he had similar ways of humorously discussing minor incidents in life. He confirmed the importance of Shepherd on his career.
Shepherd was an influence on Bill Griffith’s Zippy comic strip, as Griffith noted in his strip for January 9, 2000. Griffith explained, “The inspiration—just plucking random memories from my childhood, as I’m wont to do in my Sunday strip (also a way to expand beyond Zippy)–and Shep was a big part of them”.[14]
In an interview with New York magazine, Steely Dan’s Donald Fagen says that the eponymous figure from his solo album The Nightfly was based on Jean Shepherd.
Though he primarily spent his radio career playing music, New York Top 40 DJ legend Dan Ingram has acknowledged Shepherd’s style as an influence.
An article he wrote for the March–April 1957 issue of MAD magazine, “The Night People vs Creeping Meatballism”, described the differences between what he considered to be “day people” (conformists) and “night people” (non-conformists). In the opening credits of John Cassavetes’ 1959 film Shadows the credits read “Presented by Jean Shepherd’s Night People”.
In 2005, Shepherd was posthumously inducted into the National Radio Hall of Fame.
The Community Center in Hammond, Indiana is named after him.
Watch
- Jean Shepherd in Clinton, New Jersey, in 1977.
- Jean Shepherd in Boston’s Fenway Park discussing his childhood vis-a-vis baseball, October 14, 1969
Listen to
- Jean Shepherd’s radio shows from the 50s, 60s and 70s at archive.org
- http://www.live365.com/stations/wxrb?site=pro — The Jean Shepherd Show rebroadcasts are also heard every Sunday night at 11:00 p.m./Eastern on WXRB (95.1 FM/Dudley–Webster, MA)
- The Brass Figlagee — Nightly podcast of Jean Shepherd shows
- Jean Shepherd Reads Poems of Robert Service (1975) at Smithsonian Folkways
- Insomnia Theater — Free 24 x 7 stream of Jean Shepherd shows
- Shep-A-Day — What was Jean Shepherd talking about on this day in history? Podcast updated daily
- Shepherd describes how his father personally lost a White Sox game — The voice of the father in Walt Disney’s Carousel of Progress
Bibliography
- I, Libertine (1956, co-written by Theodore Sturgeon as “Frederick R. Ewing”)
- The America of George Ade (1960, edited and introduced by Jean Shepherd)
- In God We Trust, All Others Pay Cash (1966)
- Wanda Hickey’s Night of Golden Memories: And Other Disasters (1971)
- The Ferrari in the Bedroom (1972)
- The Phantom of the Open Hearth (1978)
- A Fistful of Fig Newtons (1981)
- A Christmas Story (2003, posthumously)
Filmography
- America, Inc. NET Playhouse (1970) (TV)
- Jean Shepherd’s America (1971) (TV)
- No Whistles, Bells, or Bedlam (1972) (Rochester Institute of Technology) http://www.imdb.com/title/tt0307234/
- The Phantom of the Open Hearth (1976) (TV)
- The Great American Fourth of July and Other Disasters (1982) (TV)
- The Star-Crossed Romance of Josephine Cosnowski (1983) (TV)
- A Christmas Story (1983)
- The Great American Road-Racing Festival (1985) (TV)
- Ollie Hopnoodle’s Haven of Bliss (1988) (TV)
- My Summer Story (aka It Runs in the Family) (1994)
See also
References
- ^ Clavin, Jim (2007). “Who Is Jean Shepherd?”. Flick Lives!. http://www.flicklives.com/Misc/who_is.htm. Retrieved 2007-11-09.
- ^ a b c d “Famous Hammond Personalities: Jean Shepherd”. HammondIndiana.com. http://www.hammondindiana.com/personalities.htm. Retrieved 2006-11-26.
- ^ Phillips, McCandlish (August 13, 1956). “400 Hold A Wake For Radio Cult”. The New York Times. http://www.flicklives.com/Articles/articles.asp?ID=19560813A. Retrieved 2007-11-09.
- ^ Wilcock, John (August 1, 1956). “The Book That Wasn’t”. The Village Voice. http://www.flicklives.com/Articles/articles.asp?ID=19560801Ab. Retrieved 2007-11-09.
- ^ Tricked You: Great Literary Hoaxes Good Reading magazine June 2008 Pg 22
- ^ Ramirez, Anthony (October 17, 1999). “Jean Shepherd, a Raconteur Of the Radio, Dies in Florida”. New York Times. http://query.nytimes.com/gst/fullpage.html?res=9801E3DA1639F934A25753C1A96F958260&sec=&spon=&partner=permalink&exprod=permalink. Retrieved 2008-12-25.
- ^ Excelsior, you fathead!: the art and enigma of Jean Shepherd, Eugene B. Bergmann, Hal Leonard Corporation, 2005, 495 pages, p. 333-4, ISBN 978-1-55783-600-7 via Google Books
- ^ Shep Bibliography: The Works and Career of Jean Shepherd, Jim Sadur and Joe Berg, 1998–2004, keyflux.com, retrieved March 30, 2010
- ^ Publishers Weekly, vol. 252, no. 4 (2005), p. 233.
- ^ “The Great American Fourth of July and Other Disasters at IMDB”. http://imdb.com/title/tt0084022/.
- ^ “The Phantom of the Open Hearth at IMDB”. http://imdb.com/title/tt0202527/.
- ^ http://www.imdb.com/name/nm0626728/bio
- ^ Shepherd, Randall (2006). “One More Hat on a Man”. Shep’s vast file of dynamic trivia: People in Shep’s Life. Jim Clavin. http://www.flicklives.com/people/randall.htm. Retrieved 2007-03-04.
- ^ Flick Lives: “Zippy”
External links
- A blog begun in early 2013, shepquest.wordpress.com discusses Jean Shepherd’s life and work.
- Jean Shepherd at the Internet Movie Database
- Works by or about Jean Shepherd in libraries (WorldCat catalog)
- Jean Shepherd Historical Preservation Website
- Jean Shepherd Festival in Hammond, Indiana
- The Night People vs Creeping Meatballism Mad 32 (March–April 1957) article by Jean Shepherd, illustrated by Wally Wood
- Jean’s ham call on QRZ.COM
- Ralph Gardner’s One Ralphie to Another
- Leigh Brown at the Internet Movie Database
Federally Sponsored Jailbreak of 2,228 Criminal Aliens Released By Immigration and Customs Enforcement (ICE) — Videos
2,000 criminal illegal aliens released from prison.
Judge Jeanine Pirro reports on the Obama administrations releasing of 2,000 illegal invaders.
Goodlatte Talks ICE’s Release of Detainees on Lou Dobbs Tonight
Congressman Bob Goodlatte, Chairman of the House Judiciary Committee, appeared on “Lou Dobbs Tonight” on Fox Business to discuss ICE’s release of detainees. An internal U.S. Customs and Immigration Enforcement (ICE) document obtained by the House Judiciary Committee reveals that the agency planned to release thousands of criminal aliens onto the streets to reduce the agency’s costs in light of sequestration. As of February 15, 2013, the document shows that ICE had roughly 31,000 illegal immigrants and criminal aliens in detention — already below the 34,000 mandated by Congress — and planned to reduce that number to less than 26,000 by March 31, 2013. According to sources, roughly 2,000 criminal aliens may have already been released so far.
Border Battle – Startling Info On Release Of Illegal Aliens Across U.S. -
Limbaugh Rips Release Of Immigrants (Audio)
Illegal Immigrants Released from Detention Centers…
Inside Tacoma’s Northwest Detention Center
Fox News Says Sequester Will Lead To Murder By Freed Immigrants
Geraldo Calls Release Of Immigrants A ‘Spiteful Move’ By Obama: He’s Throwing A ‘Tantrum’
Operation Cross Check: 3,100 arrests
Federal spending cuts underway
Democrats: Term “Illegal Immigrants” OFFENSIVE – Use Out of Status/ New Americans/Undocumented
Rick Perry Slams McCain, Romney At CPAC, Says They Aren’t Conservative
“…”The popular media narrative is that this country has shifted away from conservative ideals, as evidenced by the last two presidential elections. That’s what they think. That’s what say. That might be true if Republicans had actually nominated conservative candidates in 2008 and 2012,” Gov. Rick Perry (R-Texas) said in his address at CPAC this afternoon.
Perry also slammed President Obama for undocumented illegal immigration being released from detention centers due to sequestration cuts.
“This president’s posture, it’d be laughable if he hadn’t taken it one step too far, dangerously releasing criminals onto our streets to make a political point,” Perry told the crowd at CPAC. “When you have a federally-sponsored jailbreak, and don’t get confused, that’s exactly what that is — when you’ve had a federally-sponsored jailbreak, you’ve crossed the line from politics of spin to politics as a craven form of cynicism.” …”
“…The Obama administration reversed itself Thursday, acknowledging to Congress that it had, in fact, released more than 2,000 illegal immigrants from immigration jails due to budget constraints during three weeks in February.
The director of U.S. Immigrations and Customs Enforcement, John Morton, said his agency had released 2,228 illegal immigrants during that period for what he called “solely budgetary reasons.” The figure was significantly higher than the “few hundred” immigrants the Obama administration had publicly acknowledged were released under the budget-savings process. He testified during a hearing by a House appropriations subcommittee.
Morton told lawmakers Thursday that the decision to release the immigrants was not discussed in advance with political appointees, including those in the White House or Homeland Security Secretary Janet Napolitano. He said the pending automatic cuts known as sequestration was “driving in the background.”
“We were trying to live within the budget that Congress had provided us,” Morton told lawmakers. “This was not a White House call. I take full responsibility.”
The Associated Press, citing internal budget documents, reported exclusively on March 1 that the administration had released more than 2,000 illegal immigrants since Feb. 15 and planned to release 3,000 more in March due to looming budget cuts, but Napolitano said days later that the AP’s report was “not really accurate” and that the story had developed “its own mythology.”
“Several hundred are related to sequester, but it wasn’t thousands,” Napolitano said March 4 at a Politico-sponsored event.
On March 5, the House Judiciary Committee publicly released an internal ICE document that it said described the agency’s plans to release thousands of illegal immigrants before March 31. The document was among those reviewed by the AP for its story days earlier.
The immigrants who were released still eventually face deportation and are required to appear for upcoming court hearings. But they are no longer confined in immigration jails, where advocacy experts say they cost about $164 per day per person. Immigrants who are granted supervised release – with conditions that can include mandatory check-ins, home visits and GPS devices – cost the government from 30 cents to $14 a day, according to the National Immigration Forum, a group that advocates on behalf of immigrants.
Morton said Thursday that among the immigrants released were 10 people considered the highest level of offender. Morton said that although that category of offender can include people convicted of aggravated felonies, many of the people released were facing financial crimes. Four of the most serious offenders have been put back in detention. Other people released include immigrants who had faced multiple drunken driving offenses, misdemeanor crimes and traffic offenses, Morton said.
After the administration challenged the AP’s reporting, ICE said it didn’t know how many people had been released for budget reasons but would review its records.
Tuesday, September 27, 2011
Public Safety Commission discusses Border Security report
and the Criminal Alien threat to Texas
During today’s Public Safety Commission (PSC) meeting, Texas Department of Public Safety (DPS) Director Steven C. McCraw discussed the border security strategic assessment that was conducted by General Barry McCaffrey (Ret.) and Retired Major-General Robert Scales as a part of HB 4 from the 82nd Session.
The report highlighted the efforts that Texas has put in place in order to combat the threat from the Mexican cartels and commended Texas for being “the most aggressive and creative in confronting the threat.”
The report further determined that “criminality spawned in Mexico is spilling over to the U.S. and Texas is the tactical close combat zone and frontline of this conflict.”
The Commission also discussed the impact criminal aliens were having on communities in Texas. Director McCraw stated that criminal aliens were responsible for a significant amount of crime and constituted a serious threat.
As of September 15, 2011, 6,508 illegal aliens have been identified in Texas Department of Criminal Justice (TDCJ) units. These 6,508 criminal aliens are responsible for 27,880 total crimes over their criminal careers.
Furthermore, from October 2008 through August 2011, Texas has identified a total of 88,080 unique criminal alien defendants in Texas. These defendants are responsible for 344,398 individual criminal charges over their criminal careers, including 2,245 homicides and 46,412 sexual assaults. Director McCraw provided a detailed breakdown of the violations committed by the 88,080 criminal aliens.
Breakdown of 15 of the 50 Criminal Justice Information Systems (CJIS) crime categories committed by the 88,080 criminal aliens
FBI Criminal Investigation of White House Leaks–Videos
Obama Impeachment Over White House Leaks
Democrat Senator: Obama White House Behind National Security Leaks
Obama, White House leaks ‘offensive’
Michael Coren on White House security leaks
Listening Post : Playing the Osama bin Laden card
Axelrod Hammered On National Security Leaks Coming From The White House
Rep. King on CNN “Erin Burnett OutFront” on recent leaks of classified information
TREASON Obama Leaks Israeli Strike Plan on Iran Todays News
Zero Dark Thirty Official Final Trailer (2012) – Kathryn Bigelow Bin Laden Movie HD
Read Full Post | Make a Comment ( None so far )The Coming Obama Recession — Real Recession — Real Recovery Needed –Videos
http://www.calculatedriskblog.com/2013/02/january-employment-report-157000-jobs.html
Table 1.1.1. Percent Change From Preceding Period in Real Gross Domestic Product
[Percent] Seasonally adjusted at annual rates
Last Revised on: January 30, 2013 – Next Release Date February 28, 2013
| Line | 2010 | 2011 | 2012 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| I | II | III | IV | I | II | III | IV | I | II | III | IV | ||
| 1 | Gross domestic product | 2.3 | 2.2 | 2.6 | 2.4 | 0.1 | 2.5 | 1.3 | 4.1 | 2.0 | 1.3 | 3.1 | -0.1 |
| 2 | Personal consumption expenditures | 2.5 | 2.6 | 2.5 | 4.1 | 3.1 | 1.0 | 1.7 | 2.0 | 2.4 | 1.5 | 1.6 | 2.2 |
| 3 | Goods | 5.2 | 3.3 | 3.8 | 7.9 | 5.4 | -1.0 | 1.4 | 5.4 | 4.7 | 0.3 | 3.6 | 4.6 |
| 4 | Durable goods | 5.5 | 10.5 | 7.2 | 15.2 | 7.3 | -2.3 | 5.4 | 13.9 | 11.5 | -0.2 | 8.9 | 13.9 |
| 5 | Nondurable goods | 5.1 | 0.1 | 2.2 | 4.5 | 4.6 | -0.3 | -0.4 | 1.8 | 1.6 | 0.6 | 1.2 | 0.4 |
| 6 | Services | 1.2 | 2.3 | 1.9 | 2.3 | 2.0 | 1.9 | 1.8 | 0.3 | 1.3 | 2.1 | 0.6 | 0.9 |
| 7 | Gross private domestic investment | 19.8 | 14.6 | 16.4 | -5.9 | -5.3 | 12.5 | 5.9 | 33.9 | 6.1 | 0.7 | 6.6 | -0.6 |
| 8 | Fixed investment | -0.9 | 14.5 | -1.0 | 7.6 | -1.3 | 12.4 | 15.5 | 10.0 | 9.8 | 4.5 | 0.9 | 9.7 |
| 9 | Nonresidential | 2.1 | 12.3 | 7.7 | 9.2 | -1.3 | 14.5 | 19.0 | 9.5 | 7.5 | 3.6 | -1.8 | 8.4 |
| 10 | Structures | -23.0 | 13.1 | -2.2 | 9.3 | -28.2 | 35.2 | 20.7 | 11.5 | 12.9 | 0.6 | 0.0 | -1.1 |
| 11 | Equipment and software | 14.7 | 12.0 | 11.9 | 9.2 | 11.1 | 7.8 | 18.3 | 8.8 | 5.4 | 4.8 | -2.6 | 12.4 |
| 12 | Residential | -11.4 | 23.1 | -28.6 | 1.5 | -1.4 | 4.1 | 1.4 | 12.1 | 20.5 | 8.5 | 13.5 | 15.3 |
| 13 | Change in private inventories | — | — | — | — | — | — | — | — | — | — | — | — |
| 14 | Net exports of goods and services | — | — | — | — | — | — | — | — | — | — | — | — |
| 15 | Exports | 5.9 | 9.6 | 9.7 | 10.0 | 5.7 | 4.1 | 6.1 | 1.4 | 4.4 | 5.3 | 1.9 | -5.7 |
| 16 | Goods | 9.9 | 11.9 | 9.0 | 11.2 | 5.7 | 3.7 | 6.2 | 6.0 | 4.0 | 7.0 | 1.1 | -7.9 |
| 17 | Services | -2.2 | 4.5 | 11.1 | 7.4 | 5.8 | 5.1 | 6.1 | -8.8 | 5.2 | 1.1 | 4.0 | -0.1 |
| 18 | Imports | 10.4 | 20.2 | 13.9 | 0.0 | 4.3 | 0.1 | 4.7 | 4.9 | 3.1 | 2.8 | -0.6 | -3.2 |
| 19 | Goods | 12.2 | 24.7 | 14.1 | 1.1 | 5.2 | -0.7 | 2.9 | 6.3 | 2.0 | 2.9 | -1.2 | -2.7 |
| 20 | Services | 2.4 | 1.2 | 12.9 | -5.0 | -0.6 | 4.2 | 13.8 | -1.7 | 9.0 | 2.3 | 2.6 | -5.4 |
| 21 | Government consumption expenditures and gross investment | -3.1 | 2.8 | -0.3 | -4.4 | -7.0 | -0.8 | -2.9 | -2.2 | -3.0 | -0.7 | 3.9 | -6.6 |
| 22 | Federal | 0.6 | 9.7 | 3.7 | -4.1 | -10.3 | 2.8 | -4.3 | -4.4 | -4.2 | -0.2 | 9.5 | -15.0 |
| 23 | National defense | -3.7 | 7.3 | 7.2 | -6.1 | -14.3 | 8.3 | 2.6 | -10.6 | -7.1 | -0.2 | 12.9 | -22.2 |
| 24 | Nondefense | 10.1 | 14.6 | -3.1 | 0.0 | -1.7 | -7.5 | -17.4 | 10.2 | 1.8 | -0.4 | 3.0 | 1.4 |
| 25 | State and local | -5.5 | -1.4 | -2.9 | -4.6 | -4.7 | -3.2 | -2.0 | -0.7 | -2.2 | -1.0 | 0.3 | -0.7 |
| Addendum: | |||||||||||||
| 26 | Gross domestic product, current dollars | 3.9 | 4.1 | 4.6 | 4.5 | 2.2 | 5.2 | 4.3 | 4.2 | 4.2 | 2.8 | 5.9 | 0.5 |
Peter Schiff on Negative 4th QTR GDP “The Temporary Euphoria Of The Stimulus
Marc Faber ‘Correction is Overdue’
GDP Drops -0.1% In 4th Quarter – State Of The Economy – America In Crisis!
Surprise Q4 fall in US GDP
Rick Santelli Reacts To Negative Fourth Quarter GDP Growth: ‘We Have Become
The Economy Shrank 0.1% Last Quarter – That’s Not Good IMO – John D. Villarreal
Carney: GDP report not “good news”
US GDP drop dents FTSE’s good form– IG’s Afternoon Market Headlines 30.01.13
US economy shrinks for first time since 2009.
John Williams: We’re Going to be in a New Recession in 2013
Marc Faber. – US Economy 100% Chance of Another Recession
Recession Risks: UK heads for triple-dip as GDP shrinks
Background Articles and Videos
* See the navigation bar at the right side of the news release text for links to data tables, contact personnel and their telephone numbers, and supplementary materials.
<!—-><!—-><!—->
| Lisa S. Mataloni: | (202) 606-5304 | (GDP) | gdpniwd@bea.gov |
| Andrew Hodge: | (202) 606-5564 | (Profits) | cpniwd@bea.gov |
| Recorded message: | (202) 606-5306 | ||
| Brent Moulton: | (202) 606-9606 | (Annual Revision) | |
| Bob Kornfeld: | (202) 606-9285 | ||
| Ralph Stewart: | (202) 606-2649 | (News Media) | |
| Jeannine Aversa: | (202) 606-2649 | (News Media) |
Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- decreased at an annual rate of 0.1 percent in the fourth quarter of 2012 (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.1 percent. The Bureau emphasized that the fourth-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see the box on page 4 and the "Comparisons of Revisions to GDP" on page 5). The "second" estimate for the fourth quarter, based on more complete data, will be released on February 28, 2013. The decrease in real GDP in the fourth quarter primarily reflected negative contributions from private inventory investment, federal government spending, and exports that were partly offset by positive contributions from personal consumption expenditures (PCE), nonresidential fixed investment, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, decreased. The downturn in real GDP in the fourth quarter primarily reflected downturns in private inventory investment, in federal government spending, in exports, and in state and local government spending that were partly offset by an upturn in nonresidential fixed investment, a larger decrease in imports, and an acceleration in PCE. Final sales of computers added 0.15 percentage point to the fourth-quarter change in real GDP after adding 0.11 percentage point to the third-quarter change. Motor vehicle output added 0.04 percentage point to the fourth-quarter change in real GDP after subtracting 0.25 percentage point from the third-quarter change. _____________ FOOTNOTE. Quarterly estimates are expressed at seasonally adjusted annual rates, unless otherwise specified. Quarter-to-quarter dollar changes are differences between these published estimates. Percent changes are calculated from unrounded data and are annualized. "Real" estimates are in chained (2005) dollars. Price indexes are chain-type measures. This news release is available on www.bea.gov along with the Technical Notes and Highlights related to this release. _____________ The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 1.3 percent in the fourth quarter, compared with an increase of 1.4 percent in the third. Excluding food and energy prices, the price index for gross domestic purchases increased 1.1 percent in the fourth quarter, compared with an increase of 1.2 percent in the third. Real personal consumption expenditures increased 2.2 percent in the fourth quarter, compared with an increase of 1.6 percent in the third. Durable goods increased 13.9 percent, compared with an increase of 8.9 percent. Nondurable goods increased 0.4 percent, compared with an increase of 1.2 percent. Services increased 0.9 percent, compared with an increase of 0.6 percent. Real nonresidential fixed investment increased 8.4 percent in the fourth quarter, in contrast to a decrease of 1.8 percent in the third. Nonresidential structures decreased 1.1 percent; it was unchanged in the third quarter. Equipment and software increased 12.4 percent in the fourth quarter, in contrast to a decrease of 2.6 percent in the third. Real residential fixed investment increased 15.3 percent, compared with an increase of 13.5 percent. Real exports of goods and services decreased 5.7 percent in the fourth quarter, in contrast to an increase of 1.9 percent in the third. Real imports of goods and services decreased 3.2 percent, compared with a decrease of 0.6 percent. Real federal government consumption expenditures and gross investment decreased 15.0 percent in the fourth quarter, in contrast to an increase of 9.5 percent in the third. National defense decreased 22.2 percent, in contrast to an increase of 12.9 percent. Nondefense increased 1.4 percent, compared with an increase of 3.0 percent. Real state and local government consumption expenditures and gross investment decreased 0.7 percent, in contrast to an increase of 0.3 percent. The change in real private inventories subtracted 1.27 percentage points from the fourth-quarter change in real GDP after adding 0.73 percentage point to the third-quarter change. Private businesses increased inventories $20.0 billion in the fourth quarter, following increases of $60.3 billion in the third and $41.4 billion in the second. Real final sales of domestic product -- GDP less change in private inventories -- increased 1.1 percent in the fourth quarter, compared with an increase of 2.4 percent in the third. Gross domestic purchases Real gross domestic purchases -- purchases by U.S. residents of goods and services wherever produced -- increased 0.1 percent in the fourth quarter, compared with an increase of 2.6 percent in the third. Disposition of personal income Current-dollar personal income increased $256.2 billion (7.9 percent) in the fourth quarter, compared with an increase of $72.7 billion (2.2 percent) in the third. The acceleration in personal income primarily reflected a sharp acceleration in personal dividend income, an upturn in personal interest income, and an acceleration in wage and salary disbursements. The sharp acceleration in personal dividend income reflected accelerated and special dividends that were paid by many companies in the fourth quarter in anticipation of changes in individual income tax rates. The upturn in personal interest income primarily reflected an upturn in interest rates for Treasury Inflation Protected Securities. The acceleration in wages and salaries reflected the pattern of monthly Bureau of Labor Statistics employment, hours, and earnings data for the fourth quarter, as well as a judgmental estimate of accelerated compensation in the form of bonus payments and other irregular pay in the fourth quarter. Personal current taxes increased $21.0 billion in the fourth quarter, compared with an increase of $10.0 billion in the third. Disposable personal income increased $235.2 billion (8.1 percent) in the fourth quarter, compared with an increase of $62.7 billion (2.1 percent) in the third. Real disposable personal income increased 6.8 percent, compared with an increase of 0.5 percent. Personal outlays increased $95.0 billion (3.3 percent) in the fourth quarter, compared with an increase of $88.6 billion (3.1 percent) in the third. Personal saving -- disposable personal income less personal outlays -- was $570.0 billion in the fourth quarter, compared with $429.8 billion in the third. The personal saving rate -- personal saving as a percentage of disposable personal income -- was 4.7 percent in the fourth quarter, compared with 3.6 percent in the third. For a comparison of personal saving in BEA’s national income and product accounts with personal saving in the Federal Reserve Board’s flow of funds accounts and data on changes in net worth, go to www.bea.gov/national/nipaweb/Nipa-Frb.asp. Current-dollar GDP Current-dollar GDP -- the market value of the nation's output of goods and services -- increased 0.5 percent, or $18.0 billion, in the fourth quarter to a level of $15,829.0 billion. In the third quarter, current-dollar GDP increased 5.9 percent, or $225.4 billion. 2012 GDP Real GDP increased 2.2 percent in 2012 (that is, from the 2011 annual level to the 2012 annual level), compared with an increase of 1.8 percent in 2011. The increase in real GDP in 2012 primarily reflected positive contributions from personal consumption expenditures (PCE), nonresidential fixed investment, exports, residential fixed investment, and private inventory investment that were partly offset by negative contributions from federal government spending and from state and local government spending. Imports, which are a subtraction in the calculation of GDP, increased. The acceleration in real GDP in 2012 primarily reflected a deceleration in imports, upturns in residential fixed investment and in private inventory investment, and smaller decreases in state and local government spending and in federal government spending that were partly offset by decelerations in PCE, exports, and nonresidential fixed investment. The price index for gross domestic purchases increased 1.7 percent in 2012, compared with an increase of 2.5 percent in 2011. Current-dollar GDP increased 4.0 percent, or $600.3 billion, in 2012, compared with an increase of 4.0 percent, or $576.8 billion, in 2011. During 2012 (that is, measured from the fourth quarter of 2011 to the fourth quarter of 2012) real GDP increased 1.5 percent. Real GDP increased 2.0 percent during 2011. The price index for gross domestic purchases increased 1.5 percent during 2012, compared with an increase of 2.5 percent during 2011. ______________ BOX. Information on the assumptions used for unavailable source data is provided in a technical note that is posted with the news release on BEA's Web site. Within a few days after the release, a detailed "Key Source Data and Assumptions" file is posted on the Web site. In the middle of each month, an analysis of the current quarterly estimate of GDP and related series is made available on the Web site; click on Survey of Current Business, "GDP and the Economy." For information on revisions, see "Revisions to GDP, GDI, and Their Major Components." ______________ BEA's national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA's Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements. * * * Next release -- February 28, 2013, at 8:30 A.M. EST for: Gross Domestic Product: Fourth Quarter and Annual 2012 (Second Estimate) Release Dates in 2013 2012: IV and 2012 annual 2013: I 2013: II 2013: III Gross Domestic Product Advance.......... January 30 April 26 July 31 October 30 Second........... February 28 May 30 August 29 November 26 Third............ March 28 June 26 September 26 December 20 Corporate Profits Preliminary...... ........ May 30 August 29 November 26 Revised.......... March 28 June 26 September 26 December 20 Comparisons of Revisions to GDP Quarterly estimates of GDP are released on the following schedule: the "advance" estimate, based on source data that are incomplete or subject to further revision by the source agency, is released near the end of the first month after the end of the quarter; as more detailed and more comprehensive data become available, the "second" and "third" estimates are released near the end of the second and third months, respectively. The "latest"” estimate reflects the results of both annual and comprehensive revisions. Annual revisions, which generally cover the quarters of the 3 most recent calendar years, are usually carried out each summer and incorporate newly available major annual source data. Comprehensive (or benchmark) revisions are carried out at about 5-year intervals and incorporate major periodic source data, as well as improvements in concepts and methods that update the accounts to portray more accurately the evolving U.S. economy. The table below shows comparisons of the revisions between quarterly percent changes of current-dollar and of real GDP for the different vintages of the estimates. From the advance estimate to the second estimate (one month later), the average revision to real GDP without regard to sign is 0.5 percentage point, while from the advance estimate to the third estimate (two months later), it is 0.6 percentage point. From the advance estimate to the latest estimate, the average revision without regard to sign is 1.3 percentage points. The average revision (with regard to sign) from the advance estimate to the latest estimate is 0.2 percentage point, which is larger than the average revisions from the advance estimate to the second or to the third estimates. The larger average revisions to the latest estimate reflect the fact that comprehensive revisions include major improvements, such as the incorporation of BEA’s latest benchmark input-output accounts. The quarterly estimates correctly indicate the direction of change of real GDP 97 percent of the time, correctly indicate whether GDP is accelerating or decelerating 72 percent of the time, and correctly indicate whether real GDP growth is above, near, or below trend growth more than four-fifths of the time. Revisions Between Quarterly Percent Changes of GDP: Vintage Comparisons [Annual rates] Vintages Average Average without Standard deviation of compared regard to sign revisions without regard to sign ____________________________________________________Current-dollar GDP_______________________________________________ Advance to second.................... 0.2 0.6 0.4 Advance to third..................... .1 .7 .4 Second to third...................... .0 .3 .2 Advance to latest.................... .3 1.2 1.0 ________________________________________________________Real GDP_____________________________________________________ Advance to second.................... 0.1 0.5 0.4 Advance to third..................... .1 .6 .5 Second to third...................... .0 .2 .2 Advance to latest.................... .2 1.3 1.0 NOTE. These comparisons are based on the period from 1983 through 2009.
Recovery Shows a Soft Spot
GDP Shrinks 0.1% on Government Cuts, but Consumer, Business Spending Offer Hope
By JOSH MITCHELL
“…The U.S. economy shrank for the first time in more than three years in the fourth quarter, underscoring the halting nature of the recovery. But the strength of consumer spending and business investment suggested that the economy will grow, albeit slowly, this year.
Gross domestic product—the broadest measure of goods and services churned out by the economy—fell at a 0.1% annual rate in the fourth quarter of 2012, according to the government’s initial estimate out Wednesday.
The details weren’t as discouraging as the headline. The drop, a surprise, was driven by a sharp fall in government spending and by businesses putting fewer goods on warehouse shelves, as well as by a decline in exports. The mainstays of the domestic private economy—housing, consumer spending and business investment in equipment and software—were stronger.
to the economy, even though it expected a return to moderate growth in the months ahead.
The U.S. joined other advanced economies in reporting contractions in the final months of last year. The U.K., Germany, Spain and Belgium have said their economies shrank in the fourth quarter, and several more euro-zone members in coming weeks are expected to report their own declines. Budget cuts appear to be a leading factor driving the contractions in many of those nations.
Deficit cutting in advanced economies is an important reason why global growth is expected to barely improve this year. The International Monetary Fund last week projected global growth of just 3.5% this year, a slight pickup from the estimated 3.2% growth in 2012, due partly to budget tightening in the U.S. and Europe. The International Monetary Fund expects advanced economies to expand just 1.4% this year, compared with 5.5% growth among developing economies.
![[image]](http://si.wsj.net/public/resources/images/P1-BK111_ECONOM_NS_20130130175403.jpg)
Wednesday’s GDP report portrayed an economy stuck in low gear. For 2012, the economy grew 2.2%, up from the 1.8% growth of 2011, but still below the roughly 3% pace notched during healthier times.
For now, the economy is riding largely on the backs of consumers. Consumer spending, adjusted for inflation, increased at a 2.2% rate in the fourth quarter, up from 1.6% in the third. That included a jump in spending on durable goods, which are big-ticket items such as cars and refrigerators.
One thing that is helping consumers: They are starting to see substantial income gains after years of stagnation. The GDP report showed after-tax income rose at a rate of 6.8%, adjusted for inflation, the fastest pace since the recession.
One company benefiting from stronger consumer spending is Nando’s Peri-Peri USA, a closely held chain of chicken restaurants in the Washington, D.C., area. Same-store sales rose roughly 5% in the final months of 2012 compared with a year ago, said Chief Executive Burton Heiss.
Mr. Heiss said he believes consumers are feeling more secure as housing and other parts of the economy improve. Higher home prices, for example, might be giving consumers the confidence to spend more freely on going out. Mr. Heiss added that the strength seems to be continuing: Sales have picked up slightly since the start of the year.
U.S. companies stepped up investment in equipment and software during the quarter, with business investment rising at a rate of 8.4%, the strongest pace in a year. That defied expectations that companies would pull back due to worries over the “fiscal cliff” budget dispute in Washington.
Still, those factors weren’t strong enough to overcome declines in federal spending and exports and slower inventory growth.
The slower inventory investment was the biggest factor behind the contraction. Businesses essentially sold items from warehouse shelves, rather than placing new orders with manufacturers.
That may have been due to inventory accumulating too quickly last summer and some businesses becoming extra cautious about restocking. The upside is that with inventory levels now depleted, many businesses will be forced to replenish, possibly boosting growth in the current quarter.
Meanwhile, government spending, which has been a drag on growth for more than two years, declined for the ninth time in 10 quarters. The biggest cuts came in military spending, which tumbled at a rate of 22.2%, the largest drop since 1972. But state and local spending also fell, dashing hopes of stabilization after a rare increase in the third quarter.
Military analysts said the decline likely was a result of pressure on the Pentagon from a number of areas.
Among them: reductions in spending on the war in Afghanistan as it winds down, a downturn in planned military spending, a constraint placed on the Pentagon budget because the federal government is operating on short-term resolutions that limit spending growth, as well as concern that further cuts may be in the pipeline.
Pentagon officials already have imposed tighter controls on military spending to deal with the challenges.
David Berteau, a former Defense Department official who now heads the International Security Program at the Center for Strategic and International Studies in Washington, said he was surprised by the sharp drop and predicted that persistent uncertainty about the defense budget would continue to be a drag on the national economy.
“Is this a blip in the data or is it a trend?” he said. “I think you’re seeing a trend.”
The effect of defense cuts on the economy in the fourth quarter likely raises the stakes of looming budget fights between the White House and congressional Republicans. The White House said the GDP report showed the need for Congress to avoid “self-inflicted wounds” and reach a deal.
Companies tied to the defense industry already are bracing for cuts.
Noel McCormick, president of McCormick Stevenson, a small engineering firm in Clearwater, Fla., that designs weapons for major defense contractors, said big clients have told him they may resort to layoffs and cut spending if cuts happen.
That would have a “tremendous” impact on McCormick’s 12-person company, he said, likely causing it to cut back as well.
“There is a great deal of angst associated in the coming months,” Mr. McCormick said.
—Sudeep Reddy, Jon Hilsenrath, Ben Casselman and Dion Nissenbaum contributed to this article.
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ALLISON N. WYATT, 6
BENJAMIN WHEELER, 6
VICTORIA SOTO, 27, teacher
MARY SHERLACH, 56, school psychologist
LAUREN GABRIELLE ROUSSEAU, 30, teacher
AVIELLE RICHMAN, 6
JESSICA REKOS, 6
CAROLINE PREVIDI, 6
NOAH POZNER, 6
JACK PINTO, 6
EMILIE PARKER, 6
ANNE MARIE MURPHY, 52, teacher
GRACE AUDREY McDONNELL, 7
JAMES MATTIOLI, 6
ANA MARQUEZ-GREENE, 6
JESSE LEWIS, 6
NANCY LANZA, 52, gunman’s mother
CHASE KOWALSKI, 7
CATHERINE HUBBARD, 6
MADELEINE HSU, 6
DYLAN HOCKLEY, 6
DAWN HOCHSPRUNG, 47, principal
JOSEPHINE GAY, 7
OLIVIA ENGEL, 6
RACHEL D’AVINO, 29
DANIEL BARDEN, 7
CHARLOTTE BACON, 6
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I am Adam Lanza’s Mother
It’s time to talk about mental illness
“…Friday’s horrific national tragedy—the murder of 20 children and six adults at Sandy Hook Elementary School in New Town, Connecticut—has ignited a new discussion on violence in America. In kitchens and coffee shops across the country, we tearfully debate the many faces of violence in America: gun culture, media violence, lack of mental health services, overt and covert wars abroad, religion, politics and the way we raise our children. Liza Long, a writer based in Boise, says it’s easy to talk about guns. But it’s time to talk about mental illness.
Three days before 20 year-old Adam Lanza killed his mother, then opened fire on a classroom full of Connecticut kindergartners, my 13-year old son Michael (name changed) missed his bus because he was wearing the wrong color pants.
“I can wear these pants,” he said, his tone increasingly belligerent, the black-hole pupils of his eyes swallowing the blue irises.
“They are navy blue,” I told him. “Your school’s dress code says black or khaki pants only.”
“They told me I could wear these,” he insisted. “You’re a stupid bitch. I can wear whatever pants I want to. This is America. I have rights!”
“You can’t wear whatever pants you want to,” I said, my tone affable, reasonable. “And you definitely cannot call me a stupid bitch. You’re grounded from electronics for the rest of the day. Now get in the car, and I will take you to school.”
I live with a son who is mentally ill. I love my son. But he terrifies me.
A few weeks ago, Michael pulled a knife and threatened to kill me and then himself after I asked him to return his overdue library books. His 7 and 9 year old siblings knew the safety plan—they ran to the car and locked the doors before I even asked them to. I managed to get the knife from Michael, then methodically collected all the sharp objects in the house into a single Tupperware container that now travels with me. Through it all, he continued to scream insults at me and threaten to kill or hurt me.
That conflict ended with three burly police officers and a paramedic wrestling my son onto a gurney for an expensive ambulance ride to the local emergency room. The mental hospital didn’t have any beds that day, and Michael calmed down nicely in the ER, so they sent us home with a prescription for Zyprexa and a follow-up visit with a local pediatric psychiatrist.
We still don’t know what’s wrong with Michael. Autism spectrum, ADHD, Oppositional Defiant or Intermittent Explosive Disorder have all been tossed around at various meetings with probation officers and social workers and counselors and teachers and school administrators. He’s been on a slew of antipsychotic and mood altering pharmaceuticals, a Russian novel of behavioral plans. Nothing seems to work.
At the start of seventh grade, Michael was accepted to an accelerated program for highly gifted math and science students. His IQ is off the charts. When he’s in a good mood, he will gladly bend your ear on subjects ranging from Greek mythology to the differences between Einsteinian and Newtonian physics to Doctor Who. He’s in a good mood most of the time. But when he’s not, watch out. And it’s impossible to predict what will set him off.
Several weeks into his new junior high school, Michael began exhibiting increasingly odd and threatening behaviors at school. We decided to transfer him to the district’s most restrictive behavioral program, a contained school environment where children who can’t function in normal classrooms can access their right to free public babysitting from 7:30-1:50 Monday through Friday until they turn 18.
The morning of the pants incident, Michael continued to argue with me on the drive. He would occasionally apologize and seem remorseful. Right before we turned into his school parking lot, he said, “Look, Mom, I’m really sorry. Can I have video games back today?”
“No way,” I told him. “You cannot act the way you acted this morning and think you can get your electronic privileges back that quickly.”
His face turned cold, and his eyes were full of calculated rage. “Then I’m going to kill myself,” he said. “I’m going to jump out of this car right now and kill myself.”
That was it. After the knife incident, I told him that if he ever said those words again, I would take him straight to the mental hospital, no ifs, ands, or buts. I did not respond, except to pull the car into the opposite lane, turning left instead of right.
“Where are you taking me?” he said, suddenly worried. “Where are we going?”
“You know where we are going,” I replied.
“No! You can’t do that to me! You’re sending me to hell! You’re sending me straight to hell!”
I pulled up in front of the hospital, frantically waiving for one of the clinicians who happened to be standing outside. “Call the police,” I said. “Hurry.”
Michael was in a full-blown fit by then, screaming and hitting. I hugged him close so he couldn’t escape from the car. He bit me several times and repeatedly jabbed his elbows into my rib cage. I’m still stronger than he is, but I won’t be for much longer.
The police came quickly and carried my son screaming and kicking into the bowels of the hospital. I started to shake, and tears filled my eyes as I filled out the paperwork—“Were there any difficulties with… at what age did your child… were there any problems with.. has your child ever experienced.. does your child have…”
At least we have health insurance now. I recently accepted a position with a local college, giving up my freelance career because when you have a kid like this, you need benefits. You’ll do anything for benefits. No individual insurance plan will cover this kind of thing.
For days, my son insisted that I was lying—that I made the whole thing up so that I could get rid of him. The first day, when I called to check up on him, he said, “I hate you. And I’m going to get my revenge as soon as I get out of here.”
By day three, he was my calm, sweet boy again, all apologies and promises to get better. I’ve heard those promises for years. I don’t believe them anymore.
On the intake form, under the question, “What are your expectations for treatment?” I wrote, “I need help.”
And I do. This problem is too big for me to handle on my own. Sometimes there are no good options. So you just pray for grace and trust that in hindsight, it will all make sense.
I am sharing this story because I am Adam Lanza’s mother. I am Dylan Klebold’s and Eric Harris’s mother. I am James Holmes’s mother. I am Jared Loughner’s mother. I am Seung-Hui Cho’s mother. And these boys—and their mothers—need help. In the wake of another horrific national tragedy, it’s easy to talk about guns. But it’s time to talk about mental illness.
According to Mother Jones, since 1982, 61 mass murders involving firearms have occurred throughout the country. Of these, 43 of the killers were white males, and only one was a woman. Mother Jones focused on whether the killers obtained their guns legally (most did). But this highly visible sign of mental illness should lead us to consider how many people in the U.S. live in fear, like I do.
When I asked my son’s social worker about my options, he said that the only thing I could do was to get Michael charged with a crime. “If he’s back in the system, they’ll create a paper trail,” he said. “That’s the only way you’re ever going to get anything done. No one will pay attention to you unless you’ve got charges.”
I don’t believe my son belongs in jail. The chaotic environment exacerbates Michael’s sensitivity to sensory stimuli and doesn’t deal with the underlying pathology. But it seems like the United States is using prison as the solution of choice for mentally ill people. According to Human Rights Watch, the number of mentally ill inmates in U.S. prisons quadrupled from 2000 to 2006, and it continues to rise—in fact, the rate of inmate mental illness is five times greater (56 percent) than in the non-incarcerated population.
With state-run treatment centers and hospitals shuttered, prison is now the last resort for the mentally ill—Rikers Island, the LA County Jail and Cook County Jail in Illinois housed the nation’s largest treatment centers in 2011.
No one wants to send a 13-year old genius who loves Harry Potter and his snuggle animal collection to jail. But our society, with its stigma on mental illness and its broken healthcare system, does not provide us with other options. Then another tortured soul shoots up a fast food restaurant. A mall. A kindergarten classroom. And we wring our hands and say, “Something must be done.”
I agree that something must be done. It’s time for a meaningful, nation-wide conversation about mental health. That’s the only way our nation can ever truly heal.
God help me. God help Michael. God help us all.
(Originally published at The Anarchist Soccer Mom.)
Newtown tragedy could put mental health in spotlight
Liz Szabo
Could the nation’s mental health services be improved in the wake of the Connecticut school shooting?
“…Families and doctors who treat the mentally ill say they hope that Friday’s tragedy in Newtown, Conn., will refocus the nation’s attention on improving mental health services.
Police have not yet released details about the motives or mental state of shooter Adam Lanza. But the perpetrators of similar mass murders — at Virginia Tech, Northern Illinois University and a Tucson gathering for Rep. Gabby Giffords, for example — all suffered from serious mental health conditions.
“We wait for things like this to happen and then everyone talks about mental health,” says Priscilla Dass-Brailsford, an associate professor of psychology in the psychiatry department at Georgetown University Medical Center. “But they quickly forget.”
There are hundreds of multiple-casualty shootings every year, says forensic psychologist Dewey Cornell, director of the Virginia Youth Violence Project. People have become so desensitized to the horror, however, that “It’s gotten to the point where only the ones with high body counts make the news,” he says. “It takes a record number, or something extraordinary, to get our attention.”
Yet mental illness destroys countless lives everyday, he says, contributing to domestic violence and child abuse, drug addiction, homelessness and incarceration. Investing in mental health care and reducing its stigma could help prevent future tragedies, he says.
“Mental health has shrunk down to the level of short-term crisis management,” Cornell says. “If we are going to focus on prevention, we can’t think about the gunman in the parking lot and what to do with him. We have to get involved a lot earlier.”
Schools and communities “have cut their mental health services to the bone,” says Cornell. “We’re paying a price for it as a society.” …”
http://www.usatoday.com/story/news/nation/2012/12/16/newtown-mental-health/1773479/
Gun prosecutions under Obama down over 40 percent
“…Despite his calls for greater gun control, including a new assault weapons ban that extends to handguns, President Obama’s administration has turned away from enforcing gun laws, cutting weapons prosecutions some 40 percent since a high of about 11,000 under former President Bush.
“If you are not going to enforce the laws on the books, then don’t start talking about a whole new wave of new laws,” said a gun rights advocate.
In the wake of the horrific mass killing at Sandy Hook Elementary School in Newtown, Conn., Democratic lawmakers have begun preparing a new collection of anti-gun laws, including renewing the assault weapons ban, banning the purchase of high-capacity clips that spring bullets into guns, and tightening rules on who can buy weapons.
Lawmakers are banking that the public will push for new gun controls. But as with other mass shootings, polls find the public split, and blaming the shooter, not the gun. Pew Research Center for the People & the Press on Monday found that public is evenly divided over whether the Newtown shootings reflect broader problems in American society, 47 percent, or are just the acts of troubled individuals, 44 percent.
Figures collected by Syracuse University’s TRAC project, the authority on prosecutions from the Bureau of Alcohol, Tobacco and Firearms, shows that the administration has reduced the focus on gun crimes and instead steered prosecutors and investigators to drug crimes.
Gun prosecutions peaked at 10,937 under Bush in 2004. A current TRAC report shows that the Obama administration is prosecuting about 6,000 weapons cases.
According to an October 2011 TRAC report, “There also has been a shifting emphasis towards drug-related investigations. Since ATF-referred prosecutions peaked in FY 2005, the number of weapons prosecutions actually has fallen by 32 percent, a much higher rate than for ATF prosecutions overall. Making up the difference has been the growing number of drug cases, up by 26 percent during the same period.”
In 2011, the Obama gun prosecutions hit a low for the decade, but there has been a slight uptick in prosecutions this year, said another TRAC report.
Second Amendment advocates said on background that they expect Obama to press ATF to boost prosecutions and use the Sandy Hook case, and other mass shootings, to move gun control to the top of his second term agenda. “It’s in his DNA to push this issue,” said one gun-rights official, speaking on background. “This would be his crowning achievement, if he can ban guns,” added the official.
28 Killed in Connecticut School Shooting
“…A gunman opened fire at a Connecticut elementary school where his mother worked, killing 26 people, including 20 children, law-enforcement officials said, in what could be the worst mass shooting at a U.S. elementary or high school.
The shooter was found dead inside Sandy Hook Elementary School in Newtown, located about 65 miles northeast of New York City. State police said another victim was found dead elsewhere in Newtown, putting the total toll at 28.
Law-enforcement officials identified the suspected shooter as Adam Lanza. Officials said the alleged shooter’s mother was a teacher at the school, and she was believed to be among the victims. Earlier, a law-enforcement official incorrectly identified the suspect as Mr. Lanza’s brother, Ryan. Authorities didn’t identify a motive.
The attack at Sandy Hook, a historic village lined with colonial homes in Newtown, began at about 9:40 a.m. and was concentrated around a single classroom, a school bathroom and a hallway, an official said.
Diane Day, a therapist at the school, was sitting with the principal, other staff members and a parent in a routine meeting around 9:30 a.m. when she heard gunshots. “We were there for about five minutes chatting and we heard, ‘pop pop pop,’ ” she said. “I went under the table.”
The principal and school psychologist leaped out of their seats and ran out of the room, Ms. Day said. “They didn’t think twice about confronting or seeing what was going on,” she said.
Without a lock on the door, the school’s lead teacher pressed her body against the door to hold it shut, Ms. Day said. That teacher was shot through the door in the leg and arm. “She was our hero,” Ms. Day said.
Lt. J. Paul Vance, a spokesman for the Connecticut State Police, said that multiple law-enforcement agencies were engaged in “search-warrant activity.” Lt. Vance said investigators were looking “both in and out of state” for information on the gunman but assured the public that they weren’t at risk.
A federal law-enforcement official said a .223 Bushmaster rifle was found in the back of a vehicle at the scene. Two firearms were recovered near the alleged gunman’s body: a Glock and a Sig Sauer, both handguns.
The scene was chaotic as initial reports of a shooting grew steadily worse. Joe Wasik, whose daughter, Alexis, is in the third grade at the school, said his wife called him a little after 10 a.m. after receiving a text from the town’s automated alert system on her phone. Checking his laptop, Mr. Wasik saw the reports of a shooting and raced to the scene.
“There were cars everywhere,” he said, describing a crush of parents at a nearby firehouse where parents were sent to look for their children among those evacuated from the school.
Alexis, who was standing in the crowd, crying, was “a nervous wreck,” he said. Mr. Wasik said his daughter had sheltered in a closet during the shooting, and he wasn’t sure if she had heard the shots.
Mr. Wasik’s wife took their daughter to a cousin’s house to play in an attempt to take her mind off the shooting. He remained in the firehouse to wait for a friend, who was sequestered in another room at the firehouse—an area for parents whose children were still missing.
Mr. Wasik’s voice was still shaking, hours after the massacre. “Pretty much everyone has dispersed, except for parents with missing children,” he said.
President Barack Obama was notified of the attack around 10:30 a.m. by his counterterrorism and homeland security adviser, John Brennan, White House press secretary Jay Carney said.
Mr. Obama spoke on the phone with Federal Bureau of Investigation Director Robert Mueller and Connecticut Gov. Dan Malloy to receive an update on the situation and express his condolences, Mr. Carney said.
Mr. Malloy, in a news conference Friday afternoon, said “you can never be prepared for this kind of incident,” adding that what happened “will leave a mark on this community and every family impacted.”
Mr. Obama delivered an emotional statement from the White House Friday afternoon, tearing up several times as he spoke of the children who were killed. “They had their entire lives ahead of them—birthday, weddings, kids of their own,” Mr. Obama said pausing to wipe tears from his eyes.
Saying he was reacting as a parent of two daughters, he called the shooting a “heinous crime” and vowed to press for meaningful action, regardless of the politics, to prevent more such incidents in the future. “We’ve endured too many of these tragedy in the last few years,” he said.
The death toll at Sandy Hook Elementary, which has nearly 600 students in kindergarten through 4th grade and 42 teachers, exceeds the death at Columbine High School in 1999, which left 12 students and one teacher dead at the hands of two fellow students, who also took their own lives.
In 2007, 33 people including the gunmen were shot and killed on the campus of Virginia Tech in Blacksburg, Va.
Schools nationwide have increased security measures since the fatal shooting at Columbine. Many installed metal detectors, developed detailed crisis plans, implemented policies to keep school doors locked and accessible only by buzzer, and put teachers and staff through training session on how to recognize and deal with threats.
Michael Dorn, executive director of Safe Havens International, a nonprofit that works with thousands of U.S. schools to develop safety plans, said there has been a dramatic improvement in school safety “but so much more” could be done.
A letter sent to Sandy Hook parents earlier this year described a new security protocol put in place at the school. The protocol requires identification for most visitors who must ring a doorbell to gain entry to the school’s front entrance, which is locked after 9:30 a.m.
“If our office staff does not recognize you, you will be required to show identification with a picture ID,” the letter said.
Leigh Libero’s daughter, Joey, would have been in a second-grade classroom Friday morning, but she had a dentist appointment. As Ms. Libero pulled up to the school, she saw just-erected barricades and received an urgent text message from her sister, who works at a television news station in Hartford.
Children were led out the school’s driveway, directly to the firehouse, where parents streamed in “en masse” to locate their children, Ms. Libero said. “This is the perfect New England town,” Ms. Libero said. “You wouldn’t think of this.”
Ms. Libero said parents were trying to determine how the gunman entered the school. The school uses a double-secured door during the day, she said. Visitors approaching the school must press a button to be buzzed in through the outer set of school doors to enter the building.
Carrie Usher, a fourth-grade teacher at Sandy Hook, was having a team meeting with three other teachers while her class worked in the library. They heard gunfire and then the loudspeaker came on with “fighting and crying and maybe some screaming,” sounds of chaos that she said were being broadcast throughout the building.
“The gunfire was just unbelievable it felt like it lasted for five minutes. It wouldn’t stop,” she said.
Three of the teachers jumped out the window of their meeting room, Ms. Usher said, while the fourth remained behind and hid behind bags and boxes. The door opened and someone came in but that person didn’t see the hiding teacher.
Ms. Usher is still uncertain what was broadcast over the loudspeaker. “I think it was fighting,” she said in a phone interview. “I think it was the principal before she was killed put that out there to warn the teachers what was happening. I believe so. We don’t know.” …”
20 Children Among 28 Dead In Newtown Elementary School Massacre
Gunman Opens Fire Inside Sandy Hook Elementary School Early Friday
“…Twenty children are among 28 people who were killed Friday morning after a gunman opened fire at Sandy Hook Elementary School in Newtown, Conn.
State Police Lt. Paul Vance said 18 children and 6 adults were pronounced dead at that scene. Two other children later died at the hospital. One other person was injured, Vance said.
A 28th victim was found dead at a secondary crime scene, Lance said. He would not elaborate on the details.
Among those dead is the gunman. A source familiar with the investigation identified him as 20-year-old Adam Lanza, CBS News reported. He was found dead inside the building from an apparent self-inflicted gunshot wound, sources told CBS 2.
Law enforcement sources had earlier told CBS News that the gunman was 24-year-old Ryan Lanza, Adam Lanza’s older brother. Ryan Lanza, of Hoboken, New Jersey, is now being questioned by police.
According to an Associated Press report, the confusion over the alleged gunman’s identity occurred when a law enforcement officials, speaking on the condition of anonymity, “mistakenly transposed the brothers’ first names.”
A second official who spoke with the AP said Adam Lanza drove to the scene of the shootings in his mother’s car. That official also told the wire service Lanza’s girlfriend and another friend are missing in New Jersey.
The AP also reported that a former Jersey Journal staff writer said he spoke with Ryan Lanza, who told the writer his brother may have had his identification.
The shooting has become the second-deadliest school shooting in the nation’s history, exceeded only by the 2007 massacre at Virginia Tech that left 33 people dead.
Lance said the shooting occurred in two different classrooms in one section of the school.
One of the adult victims is Lanza’s mother, Nancy Lanza, a teacher at the school, sources told CBS 2.
A law enforcement source told CBS News two pistols, a Glock and a Sig Sauer, were found in the school and a .223-caliber rifle was found in a car.
An emotional President Barack Obama spoke about the massacre at the White House Friday. Fighting back tears, he said he reacted to the news not just as the president, but as a parent.
“The majority of those who died today are children. Beautiful little kids between the ages of 5 and 10-years-old,” he said. “They had their entire lives ahead of them. Birthdays, graduations, weddings, kids of their own.”
At times, Obama wiped away tears from the corner of his eyes, adding ”Our hearts are broken.”
“As a country, we have been through this too many times,” he said. “These children are our children and we are going to come together to take meaningful action to prevent more tragedies like this regardless of the politics.”
The president ordered that U.S. flags be flown at half-staff through Tuesday. Conn. Gov. Dan Malloy has also ordered all U.S. and state flags be flown at half-staff.
Malloy arrived in Newtown Friday afternoon. His office said several state agencies are working together to coordinate the state’s response.
Speaking a news conference, Malloy called the shooting “a tragedy of unspeakable terms.”
Gunfire erupted inside the school around 9:40 a.m. Parents said they received an automatic message that there had been a shooting incident in the district and that schools were being placed on lockdown.
An 8-year-old student said he was on his way to the school’s office when he saw the gunman.
“I saw some of the bullets going down the hall and then a teacher pulled me into her classroom,” the boy told CBS 2′s Lou Young.
Vance said several agencies, including local and state police, responded to the scene and immediately began a search of the building.
“The entire school was searched and a staging area was set up,” he said.
tudents and staff were then evacuated from the school. As they were walking out of the building, some of the children were told to close their eyes and walk fast, WCBS 880′s Sean Adams reported.
Students were then taken to a nearby firehouse to be reunited with their parents. Schools in surrounding areas were also placed on lockdown.
Danbury Hospital spokesperson Diane Burke told CBS 2 that the hospital was also put on lockdown as a precautionary measure.
Lisa Bailey, a Newtown resident with three children in Newtown schools, told CBSNewYork.com, “Newtown is a quiet town. I’d never expect this to happen here. It’s so scary. Your kids are not safe anywhere.” …”
http://newyork.cbslocal.com/2012/12/14/police-respond-to-report-of-school-shooting-in-conn/
Gunman kills 20 children, 6 adults at Connecticut elementary school
“…Twenty-seven people, including 20 children, were killed Friday when a gunman clad in black military gear opened fire inside his mother’s kindergarten class at a Connecticut elementary school.
The shooter, who sources identified as Adam Lanza, 20, shot his mother in the face at their home in Newtown, Conn., then went to nearby Sandy Hook Elementary School where she taught and gunned down her entire class, according to sources. Lanza was found dead inside the school, according to officials. Eighteen of the children and six more adults were dead at the school and two more children died later, according to Connecticut State Police Lt. Paul Vance.
Vance would not confirm the shooter’s name, and earlier in the day there were conflicting reports over the gunman’s identity. Law enforcement sources told FoxNews.com the shooter was Adam Lanza. His brother, Ryan Lanza, 24, was being questioned in Hoboken, N.J., but it was not sure if he faced charges.
“It is not a simplistic scene,” Vance told reporters.
An official with knowledge of the situation said the shooter was armed with a .223-caliber rifle. Four weapons in total were recovered from the scene. The motive is not yet known.
Vance said during an afternoon news conference that police arrived at the scene “within minutes” of a 911 call placed shortly after 9:30 a.m.
“Every door, every crack, every crevice of that school” was checked, Vance said. “The entire school was searched.” He said the shooting occurred inside two rooms in “one section of the school.”
Vance did not give details about the number of victims other than to say they included students and staff, pending notification of the families. He said more information would be released, possibly later Friday.
Vance also said that a “deceased adult” was found at a “secondary crime scene,” though he declined to elaborate.
A federal law enforcement official told Fox News that Lanza’s mother, Nancy, was killed at her home in Connecticut. The vehicle the suspect used in the shooting was registered to his mother.
A source close to the investigation said the shooter’s father, who lives in Stamford, Conn., is meeting with FBI agents.
Robert Licata said his 6-year-old son was in class when the gunman burst in and shot the teacher.
“That’s when my son grabbed a bunch of his friends and ran out the door,” he said. “He was very brave. He waited for his friends.”
He said the shooter didn’t utter a word.
Stephen Delgiadice said his 8-year-old daughter was in the school and heard two big bangs. Teachers told her to get in a corner, he said.
“It’s alarming, especially in Newtown, Connecticut, which we always thought was the safest place in America,” he said. His daughter was fine.
Mergim Bajraliu, 17, heard the gunshots echo from his home and ran to check on his 9-year-old sister at the school. He said his sister, who was fine, heard a scream come over the intercom at one point. He said teachers were shaking and crying as they came out of the building.
“Everyone was just traumatized,” he said.
President Obama was notified of the shooting around 10:30 am ET, White House officials said.
“Our hearts are broken today,” Obama said in a brief address to the nation on Friday. “We’ve endured too many of these tragedies in these past few years, and each time I receive the news I react not as a president, but as a parent.”
“Most victims were children, between five and 10 years old…They had their entire lives ahead of them, birthdays, graduations weddings, kids of their own,” he said, pausing before wiping tears from his eyes.
Sandy Hook Elementary School has close to 700 students.
Newtown is in Fairfield County, about 45 miles southwest of Hartford and 60 miles northeast of New York City. …”
Read Full Post | Make a Comment ( None so far )Tea Party Conservatives–What We Believe–Videos
What We Believe, Part 1: Small Government and Free Enterprise.
What We Believe, Part 2: The Problem with Elitism
What We Believe, Part 3: Wealth Creation
What We Believe, Part 4: Natural Law
What We Believe, Part 5: Gun Rights
What We Believe, Part 6: Immigration
What We Believe, Part 7: American Exceptionalism
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Ron Paul’s Farewell Speech To Congress–Videos
Ron Paul’s Farewell Speech to Congress, November 14th, 2012
Ron’ Pauls Greatest Speech “The Last Nail”
Congressman Ron Paul, MD – We’ve Been NeoConned
Thank You Dr. Ron Paul
Duncan Pays Tribute to Ron Paul
Ron Paul RNC Tribute Video
Ron Paul ‘Exit Interview’ with The Washington Post 11/29/2012
Background Articles and Videos
Mind blowing speech by Robert Welch in 1958 predicting Insiders plans to destroy America
G. Edward Griffin – The Collectivist Conspiracy
Constitutional Conservatism or Die
A man of principle and integrity ahead of his time.
He will be greatly missed by the American people who love liberty.
Read Full Post | Make a Comment ( None so far )Obama Lied and Americans Died In Libya and Big Corporate Media Ignores The Story In Support of Obama!–Have They No Shame? Have They No Honor?–Apparently Not–Videos
The White House Disinformation Campaign on Libya
Libya Cover-up – Obama Outright Lied to American People
Judge Jeanine Pirro, Ann Coulter and Pat Caddell on the Benghazi, Libya Attack
Father Of Murdered Navy Seal in Benghazi, Recounts Days After Attack – Judge Jeanine Pirro
Obama Admin Cover-up!
Delta Force Was On The Ready – Planes Was On The Ready
Father Of Slain Ex-seal Tyron Woods Speaks Out
Father Of Murdered Navy Seal Recounts Days After Attack
Latest on Libya – TheBlaze
BREAKING- OBAMA MAY GO TO PRISON AND BE IMPEACHED KILLING OUR OWN; GLENN BECK
10/28/2012 New Revelations on Attack in Benghazi with Bret Baier – Fox News
Know The TRUTH ~ Step By Step ~ Bret Baier’s ~ ‘Death and Deceit in Benghazi’
Judge Jeanine Investigates Benghazi Gate Part 1 – 10/20/2012
Judge Jeanine Investigates Benghazi Gate Part 2 – 10/20/2012
Christopher Stevens US ambassador to Libya killed: HD Video
Judge Jeanine Investigates Benghazi Gate Part 3 – 10/20/2012
Judge Jeanine Investigates Benghazi Gate Part 4 – 10/20/2012
Obama Administration Denies CIA in Benghazi Requested Help (10/26/12)
Major General Bob Scales: White House Should Have Taken Action in Benghazi (10/26/12)
Retired Major General Bob Scales believes, the White House should have taken action to go after the terrorists in Benghazi on 9/11/12. TWO U.S. drones were flying overhead, giving the White House all the info needed, which made the “fog of war” a minimum concern, and help for the CIA agents and U.S. Ambassador was less than 2 hours away. The siege lasted for 7 hours, making a rescue very possible for at least 2 CIA agents. Repeated calls for help, by the CIA agents, only met with a “request denied” with each call.
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Friedrich A. Hayek–Masters of Money–Video
Friedrich Hayek
Related Posts On Pronk Palisades
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Richard Ebeling–America’s New Road to Serfdom and the Continuing Relevance of Austrian Economics –Videos
Milton Friedman–Videos
Milton Friedman–Capitalism and Freedom–Videos
Milton Friedman On Business–Videos
Milton Friedman On Education–Videos
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Friedrich Hayek–Videos
Inside the Hayek Equation: An Interview with Friedrich von Hayek–Video
An Interview with Friedrich Hayek–Videos
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Paul Krugman–Videos
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Dan Mitchell–Videos
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Robert P. Murphy–Videos
Robert P. Murphy–Government Stimulus: Repeating the mistakes of the Great Depression–Videos
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The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand
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Murray Rothbard–Videos
Murray Rothbard–A History of Money and Banking in The United States–Videos
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Murray Rothbard–The Case Against The Fed–Videos
Murray N. Rothbard–Introduction to Economics: A Private Seminar–Videos
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Rothbard On Keynes–Videos
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Peter Schiff–Videos
Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!
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Tom Woods–Who Killed The Constitution
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Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record
Read Full Post | Make a Comment ( None so far )2012 Vice Presidential Debate–Biden’s Condescending Disrespectfull and Rude Smirk Loses The Undecided Voter-Ryan Wins By Being Polite and Respectful To Biden-Videos
Eva Cassidy – Chain Of Fools
“If a wise man has an argument with a fool, the fool only rages and laughs, and there is no quiet.”
Proverbs 29:9
Chris Wallace: ‘Most Disrespectful Debate Performance In My Lifetime’
Brit Hume: Biden is a ‘Rude’, ‘Cranky Old Man’
VP Debate Reaction: Biden Smirk v. Ryan Sincerity, Who won?
Vice Presidential Debate short version – Joe Biden the Fool vs Paul Ryan the Statesmen
PART 1: 2012 Vice Presidential Debate
PART 2: 2012 Vice Presidential Debate
PART 3: 2012 Vice Presidential Debate
PART 4: 2012 Vice Presidential Debate
PART 5: 2012 Vice Presidential Debate
PART 6: 2012 Vice Presidential Debate
Joe Biden Says Obama Should be Impeached
12/2/2011 In Congress: Ron Paul Condemns Iran Sanctions Bill As Prelude To War
Ron Paul vs Mitt Romney on Foreign Policy and Iran and War Preparation
“The Best of Joe Biden’s Gaffe’s; A Continuing Series…”
Doris Day – Fools Rush In
The Vice Presidential debate of 2012
By Michael Vass
“…On Oct 11, 2012 Vice President Biden and Rep. Paul Ryan (WI) will meet in a debate that will seek to either re-ignite support for the re-election of President Obama, or solidify the lead and likelihood of a win by Mitt Romney. That’s what both political parties are stating about their respective candidates, but a far more realistic view is that while it may be quite entertaining and informative, it has little direct impact on the election if history holds true.
Presidential elections are won and lost by the head of the ticket in most cases. The average American can’t remember what VP Al Gore or Dick Cheney said in a debate, or if President Ford had a Vice President at all (a bit of a trick question there). While the results of Biden vs. Ryan may blip the election polls, that will be eclipsed by any result from the 2nd Presidential debate between President Obama and Mitt Romney. …”
Background Articles and Videos
Vice Presidential Debate 2012, Paul Ryan Vs Joe Biden; ‘This Week’ Roundtable Discussion
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The Project–Muslim Brotherhood’s Plan To Infiltrate, Subvert and Overthrow The American Government And U.S. Constitution–Videos
GLENN BECK PRESENTS “THE PROJECT”, The Muslim Brotherhood “Project” DOCUMENTARY
GBR: You need to understand The Project PART 1
GBR: You need to understand The Project PART 2
GBTV The Blaze TV 9-26-12 The Project (FULL pt 1)
GBTV The Blaze TV 9-26-12 The Project (FULL pt 2)
Background Articles and Videos
Muslim Brotherhood in America: The Overview
http://muslimbrotherhoodinamerica.com/
Muslim Brotherhood in America, Part 2: ‘Civilization Jihad’ in America
Muslim Brotherhood in America, Part 3: Influence Operations Against Conservatives & the GOP
Muslim Brotherhood in America, Part 4: Suhail Khan, A Case Study in Influence Operations
Muslim Brotherhood in America, Part 5: The Organizations Islamists Are Using to Subvert the Right
Muslim Brotherhood in America, Part 6: Electing Islamist Republicans
Muslim Brotherhood in America, Part 7: Advancing the Islamists’ Agendas
Muslim Brotherhood in America, Part 8: Team Obama & the Islamists
Muslim Brotherhood in America, Part 9: Team Obama & the Islamist Agenda
Muslim Brotherhood in America, Part 10: What’s To Be Done?
Related Posts On Pronk Palisades
The Third Jihad: Radical Islam’s Vision for America–Videos
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CAIR Launches National PSA Campaign–Videos
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Robert Spencer–The Truth About Muhammad–Videos
Terrorists Among Us: Jihad in America–Videos
Obsession: Radical Islams War Against the West–Videos
An Affront and Threat To The American People–The Ground Zero Mosque–Remembering 9/11 and The Unknown Falling Man
Just Because You Can Build A Mosque At Ground Zero Does Not Mean You Should: The Two Faces of President Obama–Let Me Be Clear–I Am An Agent Provocateur!
Read Full Post | Make a Comment ( None so far )No Change, No Hope, No Second Term: Over 12.8 Million Americans Still Unemployed and Unemployment Rate Over 8% After 42 Months of Obama Administration–Obama Is Not Working!–Total Unemployment Rate 15%–Over 23 Million Americans Seeking Full Time Job!–Videos
The number of Americans employed when Obama became President in January 2009 was 142,187,000.
The number of Americans employed in July 2012 was 142,220,000.
The net increase in number of Americans employed after 42 months of the Obama Presidency is 33,000!
The U.S. economy needs to create between 130,000 and 140,000 jobs per month to just keep up with population growth according to Commissioner Dr. Keith Hall of the Bureau of Labor Statistics.
Vice Chairman Brady Questions BLS Commissioner at JEC Hearing on the Employment Situation
Between 130,000 to 140,000 need to be created each month to keep up with population growth!
At a Joint Economic Committee Hearing on the Employment Situation, Representative Kevin Brady, Vice Chairman, questions Witness Dr. Keith Hall, Commissioner, Bureau of Labor Statistics about the effect of government spending on private sector job growth.
For the 42 months that Obama has been President, a minimum of 130,000 jobs per month times 42 months or 5,460,000 new jobs needed to be created to just keep up with population growth.
Instead only a net increase in the employment level of 33,000 new jobs was created during the last 42 months.
The U.S. economy and employment level peaked in November 2007 when the number of employed Americans was 146,595,000.
From November 2007 to January 2009, the economy lost 4,408,000 jobs (146,595,000 employed in November 2007 minus 142,187,000 employed in January 2009).
To keep up with population growth during this 14 month period the economy needed to produce another 1,820,000 in new jobs ( 14 months times 130,000 new jobs per month) from December 2007 through January 2009.
Barack Obama became President in January 2009.
For the U.S. economy to reach it previous peak employment level of 146,595,000 plus the growth in the labor force from November 2007 through July 2012, the U.S. economy would need to create a total of ( 5,460,000 + 1,820,000 + 4,408,000) or 11,668,000 new jobs for a total employment level of 153,855,000.
The current employment level is 142,220,000 as of the August 3, 2012 Bureau of Labor Statistics Employment Situation Survey.
Barack Obama’s economic policies have produced in 42 months a net increase of only 33,000 in the employment level or new jobs when 11,668,000 new jobs were needed to reach the previous of peak in the employment level under President Bush plus the growth in the labor force.
Obama on jobs report: Still too many people out of work
In the above speech given on August 3, Barack Obama misleads the American people about his failed economic policies in creating jobs.
By January 2013, the total increase in the Federal national debt under President Obama will exceed $5,300 billion over a 48 month period due to government deficit spending greater than $1,297 billion per year for four consecutive years.
This is fiscal insanity.
Obama’s economic policies failed to grow the economy and create jobs.
Obama does not deserve another term as president.
Obama is not working.
More Jobs, Higher Unemployment Rate, July Report Says
July Unemployment Rate Rises to 8.3%- More Jobs Lost (195k) Than Gained (163k)
“It’s Been Four Years”
Trapped in Unemployment
Romney’s promise of 12 million jobs
Will Jobs Numbers Determine Election? Not So Far
Unemployment rate UP to 8.3% – REAL rate UP to 15% with Obama focus on jobs
Jobs Added in July but Unemployment Rate Rises
July Jobs Report: 163,000 jobs added
Rep. Kevin Brady Jobs Numbers Interview with CNBC’s Larry Kudlow 07-06-12
Congressman Kevin Brady Questions Fed Chairman Ben Bernanke 6-7-12
Rep. Kevin Brady Repeal Floor Speech 07-10-2012
We Told You They Are Lying about Unemployment
Unemployment Rate Primer
Lew Rockwell Pins the Tail on Ben Bernanke and the Rest of Washington’s Donkeys!
Lew Rockwell: The Government is A Gang of Thieves at Large!
Employment Level–144.2 Million
Series Id: LNS12000000
Seasonally Adjusted
Series title: (Seas) Employment Level
Labor force status: Employed
Type of data: Number in thousands
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 137778 | 137612 | 137783 | 137299 | 137092 | 136873 | 137071 | 136241 | 136846 | 136392 | 136238 | 136047 | |
| 2002 | 135701 | 136438 | 136177 | 136126 | 136539 | 136415 | 136413 | 136705 | 137302 | 137008 | 136521 | 136426 | |
| 2003 | 137417(1) | 137482 | 137434 | 137633 | 137544 | 137790 | 137474 | 137549 | 137609 | 137984 | 138424 | 138411 | |
| 2004 | 138472(1) | 138542 | 138453 | 138680 | 138852 | 139174 | 139556 | 139573 | 139487 | 139732 | 140231 | 140125 | |
| 2005 | 140245(1) | 140385 | 140654 | 141254 | 141609 | 141714 | 142026 | 142434 | 142401 | 142548 | 142499 | 142752 | |
| 2006 | 143150(1) | 143457 | 143741 | 143761 | 144089 | 144353 | 144202 | 144625 | 144815 | 145314 | 145534 | 145970 | |
| 2007 | 146028(1) | 146057 | 146320 | 145586 | 145903 | 146063 | 145905 | 145682 | 146244 | 145946 | 146595 | 146273 | |
| 2008 | 146397(1) | 146157 | 146108 | 146130 | 145929 | 145738 | 145530 | 145196 | 145059 | 144792 | 144078 | 143328 | |
| 2009 | 142187(1) | 141660 | 140754 | 140654 | 140294 | 140003 | 139891 | 139458 | 138775 | 138401 | 138607 | 137968 | |
| 2010 | 138500(1) | 138665 | 138836 | 139306 | 139340 | 139137 | 139139 | 139338 | 139344 | 139072 | 138937 | 139220 | |
| 2011 | 139330(1) | 139551 | 139764 | 139628 | 139808 | 139385 | 139450 | 139754 | 140107 | 140297 | 140614 | 140790 | |
| 2012 | 141637(1) | 142065 | 142034 | 141865 | 142287 | 142415 | 142220 | ||||||
| 1 : Data affected by changes in population controls. | |||||||||||||
Civilian Labor Force Level–155 Million
Series Id: LNS11000000
Seasonally Adjusted
Series title: (Seas) Civilian Labor Force Level
Labor force status: Civilian labor force
Type of data: Number in thousands
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 143800 | 143701 | 143924 | 143569 | 143318 | 143357 | 143654 | 143284 | 143989 | 144086 | 144240 | 144305 | |
| 2002 | 143883 | 144653 | 144481 | 144725 | 144938 | 144808 | 144803 | 145009 | 145552 | 145314 | 145041 | 145066 | |
| 2003 | 145937(1) | 146100 | 146022 | 146474 | 146500 | 147056 | 146485 | 146445 | 146530 | 146716 | 147000 | 146729 | |
| 2004 | 146842(1) | 146709 | 146944 | 146850 | 147065 | 147460 | 147692 | 147564 | 147415 | 147793 | 148162 | 148059 | |
| 2005 | 148029(1) | 148364 | 148391 | 148926 | 149261 | 149238 | 149432 | 149779 | 149954 | 150001 | 150065 | 150030 | |
| 2006 | 150214(1) | 150641 | 150813 | 150881 | 151069 | 151354 | 151377 | 151716 | 151662 | 152041 | 152406 | 152732 | |
| 2007 | 153144(1) | 152983 | 153051 | 152435 | 152670 | 153041 | 153054 | 152749 | 153414 | 153183 | 153835 | 153918 | |
| 2008 | 154075(1) | 153648 | 153925 | 153761 | 154325 | 154316 | 154480 | 154646 | 154559 | 154875 | 154622 | 154626 | |
| 2009 | 154236(1) | 154521 | 154143 | 154450 | 154800 | 154730 | 154538 | 154319 | 153786 | 153822 | 153833 | 153091 | |
| 2010 | 153454(1) | 153704 | 153964 | 154528 | 154216 | 153653 | 153748 | 154073 | 153918 | 153709 | 154041 | 153613 | |
| 2011 | 153250(1) | 153302 | 153392 | 153420 | 153700 | 153409 | 153358 | 153674 | 154004 | 154057 | 153937 | 153887 | |
| 2012 | 154395(1) | 154871 | 154707 | 154365 | 155007 | 155163 | 155013 | ||||||
| 1 : Data affected by changes in population controls. | |||||||||||||
Labor Force Participation Rate–63.7%
Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 67.2 | 67.1 | 67.2 | 66.9 | 66.7 | 66.7 | 66.8 | 66.5 | 66.8 | 66.7 | 66.7 | 66.7 | |
| 2002 | 66.5 | 66.8 | 66.6 | 66.7 | 66.7 | 66.6 | 66.5 | 66.6 | 66.7 | 66.6 | 66.4 | 66.3 | |
| 2003 | 66.4 | 66.4 | 66.3 | 66.4 | 66.4 | 66.5 | 66.2 | 66.1 | 66.1 | 66.1 | 66.1 | 65.9 | |
| 2004 | 66.1 | 66.0 | 66.0 | 65.9 | 66.0 | 66.1 | 66.1 | 66.0 | 65.8 | 65.9 | 66.0 | 65.9 | |
| 2005 | 65.8 | 65.9 | 65.9 | 66.1 | 66.1 | 66.1 | 66.1 | 66.2 | 66.1 | 66.1 | 66.0 | 66.0 | |
| 2006 | 66.0 | 66.1 | 66.2 | 66.1 | 66.1 | 66.2 | 66.1 | 66.2 | 66.1 | 66.2 | 66.3 | 66.4 | |
| 2007 | 66.4 | 66.3 | 66.2 | 65.9 | 66.0 | 66.0 | 66.0 | 65.8 | 66.0 | 65.8 | 66.0 | 66.0 | |
| 2008 | 66.2 | 66.0 | 66.1 | 65.9 | 66.1 | 66.1 | 66.1 | 66.1 | 65.9 | 66.0 | 65.8 | 65.8 | |
| 2009 | 65.7 | 65.8 | 65.6 | 65.6 | 65.7 | 65.7 | 65.5 | 65.4 | 65.1 | 65.0 | 65.0 | 64.6 | |
| 2010 | 64.8 | 64.9 | 64.9 | 65.1 | 64.9 | 64.6 | 64.6 | 64.7 | 64.6 | 64.4 | 64.5 | 64.3 | |
| 2011 | 64.2 | 64.2 | 64.2 | 64.2 | 64.2 | 64.1 | 64.0 | 64.1 | 64.1 | 64.1 | 64.0 | 64.0 | |
| 2012 | 63.7 | 63.9 | 63.8 | 63.6 | 63.8 | 63.8 | 63.7 |
Unemployment Level–12.8 Million
Series Id: LNS13000000
Seasonally Adjusted
Series title: (Seas) Unemployment Level
Labor force status: Unemployed
Type of data: Number in thousands
Age: 16 years and over
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 6023 | 6089 | 6141 | 6271 | 6226 | 6484 | 6583 | 7042 | 7142 | 7694 | 8003 | 8258 | |
| 2002 | 8182 | 8215 | 8304 | 8599 | 8399 | 8393 | 8390 | 8304 | 8251 | 8307 | 8520 | 8640 | |
| 2003 | 8520 | 8618 | 8588 | 8842 | 8957 | 9266 | 9011 | 8896 | 8921 | 8732 | 8576 | 8317 | |
| 2004 | 8370 | 8167 | 8491 | 8170 | 8212 | 8286 | 8136 | 7990 | 7927 | 8061 | 7932 | 7934 | |
| 2005 | 7784 | 7980 | 7737 | 7672 | 7651 | 7524 | 7406 | 7345 | 7553 | 7453 | 7566 | 7279 | |
| 2006 | 7064 | 7184 | 7072 | 7120 | 6980 | 7001 | 7175 | 7091 | 6847 | 6727 | 6872 | 6762 | |
| 2007 | 7116 | 6927 | 6731 | 6850 | 6766 | 6979 | 7149 | 7067 | 7170 | 7237 | 7240 | 7645 | |
| 2008 | 7678 | 7491 | 7816 | 7631 | 8395 | 8578 | 8950 | 9450 | 9501 | 10083 | 10544 | 11299 | |
| 2009 | 12049 | 12860 | 13389 | 13796 | 14505 | 14727 | 14646 | 14861 | 15012 | 15421 | 15227 | 15124 | |
| 2010 | 14953 | 15039 | 15128 | 15221 | 14876 | 14517 | 14609 | 14735 | 14574 | 14636 | 15104 | 14393 | |
| 2011 | 13919 | 13751 | 13628 | 13792 | 13892 | 14024 | 13908 | 13920 | 13897 | 13759 | 13323 | 13097 | |
| 2012 | 12758 | 12806 | 12673 | 12500 | 12720 | 12749 | 12794 |
Unemployment Rate U-3–8.3%
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 4.2 | 4.2 | 4.3 | 4.4 | 4.3 | 4.5 | 4.6 | 4.9 | 5.0 | 5.3 | 5.5 | 5.7 | |
| 2002 | 5.7 | 5.7 | 5.7 | 5.9 | 5.8 | 5.8 | 5.8 | 5.7 | 5.7 | 5.7 | 5.9 | 6.0 | |
| 2003 | 5.8 | 5.9 | 5.9 | 6.0 | 6.1 | 6.3 | 6.2 | 6.1 | 6.1 | 6.0 | 5.8 | 5.7 | |
| 2004 | 5.7 | 5.6 | 5.8 | 5.6 | 5.6 | 5.6 | 5.5 | 5.4 | 5.4 | 5.5 | 5.4 | 5.4 | |
| 2005 | 5.3 | 5.4 | 5.2 | 5.2 | 5.1 | 5.0 | 5.0 | 4.9 | 5.0 | 5.0 | 5.0 | 4.9 | |
| 2006 | 4.7 | 4.8 | 4.7 | 4.7 | 4.6 | 4.6 | 4.7 | 4.7 | 4.5 | 4.4 | 4.5 | 4.4 | |
| 2007 | 4.6 | 4.5 | 4.4 | 4.5 | 4.4 | 4.6 | 4.7 | 4.6 | 4.7 | 4.7 | 4.7 | 5.0 | |
| 2008 | 5.0 | 4.9 | 5.1 | 5.0 | 5.4 | 5.6 | 5.8 | 6.1 | 6.1 | 6.5 | 6.8 | 7.3 | |
| 2009 | 7.8 | 8.3 | 8.7 | 8.9 | 9.4 | 9.5 | 9.5 | 9.6 | 9.8 | 10.0 | 9.9 | 9.9 | |
| 2010 | 9.7 | 9.8 | 9.8 | 9.9 | 9.6 | 9.4 | 9.5 | 9.6 | 9.5 | 9.5 | 9.8 | 9.4 | |
| 2011 | 9.1 | 9.0 | 8.9 | 9.0 | 9.0 | 9.1 | 9.1 | 9.1 | 9.0 | 8.9 | 8.7 | 8.5 | |
| 2012 | 8.3 | 8.3 | 8.2 | 8.1 | 8.2 | 8.2 | 8.3 |
Total Unemployment Rate U-6–15%
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2001 | 7.3 | 7.4 | 7.3 | 7.4 | 7.5 | 7.9 | 7.8 | 8.1 | 8.7 | 9.3 | 9.4 | 9.6 | |
| 2002 | 9.5 | 9.5 | 9.4 | 9.7 | 9.5 | 9.5 | 9.6 | 9.6 | 9.6 | 9.6 | 9.7 | 9.8 | |
| 2003 | 10.0 | 10.2 | 10.0 | 10.2 | 10.1 | 10.3 | 10.3 | 10.1 | 10.4 | 10.2 | 10.0 | 9.8 | |
| 2004 | 9.9 | 9.7 | 10.0 | 9.6 | 9.6 | 9.5 | 9.5 | 9.4 | 9.4 | 9.7 | 9.4 | 9.2 | |
| 2005 | 9.3 | 9.3 | 9.1 | 8.9 | 8.9 | 9.0 | 8.8 | 8.9 | 9.0 | 8.7 | 8.7 | 8.6 | |
| 2006 | 8.4 | 8.4 | 8.2 | 8.1 | 8.2 | 8.4 | 8.5 | 8.4 | 8.0 | 8.2 | 8.1 | 7.9 | |
| 2007 | 8.4 | 8.2 | 8.0 | 8.2 | 8.2 | 8.3 | 8.4 | 8.4 | 8.4 | 8.4 | 8.4 | 8.8 | |
| 2008 | 9.2 | 9.0 | 9.1 | 9.2 | 9.7 | 10.1 | 10.5 | 10.8 | 11.1 | 11.8 | 12.7 | 13.5 | |
| 2009 | 14.2 | 15.1 | 15.7 | 15.8 | 16.4 | 16.5 | 16.5 | 16.7 | 16.8 | 17.2 | 17.1 | 17.1 | |
| 2010 | 16.7 | 16.9 | 16.9 | 17.0 | 16.6 | 16.5 | 16.5 | 16.6 | 16.9 | 16.8 | 16.9 | 16.6 | |
| 2011 | 16.1 | 15.9 | 15.7 | 15.9 | 15.8 | 16.2 | 16.1 | 16.2 | 16.4 | 16.0 | 15.6 | 15.2 | |
| 2012 | 15.1 | 14.9 | 14.5 | 14.5 | 14.8 | 14.9 | 15.0 |
Comparison of U.S. Recoveries from Recession
1949-2007
Real Gross Domest Product (GDP) Growth Rates
Background Articles and Videos
Did Mitt Romney Call President Obama A Liar?
Romney Aid: Obama’s Ad Is a Lie
Current Population Survey
August 3, 2012
Employment from the BLS household and payroll surveys:
summary of recent trends
http://www.bls.gov/web/empsit/ces_cps_trends.pdf
Employment Situation Summary
Transmission of material in this release is embargoed USDL-12-1531
until 8:30 a.m. (EDT) Friday, August 3, 2012
Technical information:
Household data: (202) 691-6378 * cpsinfo@bls.gov * www.bls.gov/cps
Establishment data: (202) 691-6555 * cesinfo@bls.gov * www.bls.gov/ces
Media contact: (202) 691-5902 * PressOffice@bls.gov
THE EMPLOYMENT SITUATION -- JULY 2012
Total nonfarm payroll employment rose by 163,000 in July, and the unemployment rate
was essentially unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported
today. Employment rose in professional and business services, food services and drinking
places, and manufacturing.
Household Survey Data
Both the number of unemployed persons (12.8 million) and the unemployment rate (8.3
percent) were essentially unchanged in July. Both measures have shown little movement
thus far in 2012. (See table A-1.)
Among the major worker groups, the unemployment rate for Hispanics (10.3 percent) edged
down in July, while the rates for adult men (7.7 percent), adult women (7.5 percent),
teenagers (23.8 percent), whites (7.4 percent), and blacks (14.1 percent) showed little
or no change. The jobless rate for Asians was 6.2 percent in July (not seasonally
adjusted), little changed from a year earlier. (See tables A-1, A-2, and A-3.)
In July, the number of long-term unemployed (those jobless for 27 weeks and over) was
little changed at 5.2 million. These individuals accounted for 40.7 percent of the
unemployed. (See table A-12.)
Both the civilian labor force participation rate, at 63.7 percent, and the employment-
population ratio, at 58.4 percent, changed little in July. (See table A-1.)
The number of persons employed part time for economic reasons (sometimes referred to as
involuntary part-time workers) was essentially unchanged at 8.2 million in July. These
individuals were working part time because their hours had been cut back or because
they were unable to find a full-time job. (See table A-8.)
In July, 2.5 million persons were marginally attached to the labor force, down from 2.8
million a year earlier. (These data are not seasonally adjusted.) These individuals were
not in the labor force, wanted and were available for work, and had looked for a job
sometime in the prior 12 months. They were not counted as unemployed because they had
not searched for work in the 4 weeks preceding the survey. (See table A-16.)
Among the marginally attached, there were 852,000 discouraged workers in July, a decline
of 267,000 from a year earlier. (These data are not seasonally adjusted.) Discouraged
workers are persons not currently looking for work because they believe no jobs are
available for them. The remaining 1.7 million persons marginally attached to the labor
force in July had not searched for work in the 4 weeks preceding the survey for reasons
such as school attendance or family responsibilities.
Establishment Survey Data
Total nonfarm payroll employment rose by 163,000 in July. Since the beginning of this
year, employment growth has averaged 151,000 per month, about the same as the average
monthly gain of 153,000 in 2011. In July, employment rose in professional and business
services, food services and drinking places, and manufacturing. (See table B-1.)
Employment in professional and business services increased by 49,000 in July. Computer
systems design added 7,000 jobs, and employment in temporary help services continued
to trend up (+14,000).
Within leisure and hospitality, employment in food services and drinking places rose by
29,000 over the month and by 292,000 over the past 12 months.
Manufacturing employment rose in July (+25,000), with nearly all of the increase in durable
goods manufacturing. Within durable goods, the motor vehicles and parts industry had fewer
seasonal layoffs than is typical for July, contributing to a seasonally adjusted employment
increase of 13,000. Employment continued to trend up in fabricated metal products (+5,000).
Employment continued to trend up in health care in July (+12,000), with over-the-month
gains in outpatient care centers (+4,000) and in hospitals (+5,000). Employment also
continued to trend up in wholesale trade.
Utilities employment declined in July (-8,000). The decrease reflects 8,500 utility workers
who were off payrolls due to a labor-management dispute.
Employment in other major industries, including mining and logging, construction, retail
trade, transportation and warehousing, financial activities, and government, showed little
or no change over the month.
The average workweek for all employees on private nonfarm payrolls was unchanged at
34.5 hours in July. Both the manufacturing workweek, at 40.7 hours, and factory overtime,
at 3.2 hours, were unchanged over the month. The average workweek for production and
nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours. (See
tables B-2 and B-7.)
In July, average hourly earnings for all employees on private nonfarm payrolls edged up
by 2 cents to $23.52. Over the year, average hourly earnings rose by 1.7 percent. In July,
average hourly earnings of private-sector production and nonsupervisory employees increased
by 2 cents to $19.77. (See tables B-3 and B-8.)
The change in total nonfarm payroll employment for May was revised from +77,000 to +87,000,
and the change for June was revised from +80,000 to +64,000.
_____________
The Employment Situation for August is scheduled to be released on Friday, September 7, 2012,
at 8:30 a.m. (EDT).
Glenn Hubbard: The Romney Plan for Economic Recovery
Tax cuts, spending restraint and repeal of Obama’s regulatory excesses would
mean 12 million new jobs in his first term alone
By Glenn Hubbard
“…We are currently in the most anemic economic recovery in the memory of most Americans. Declining consumer sentiment and business concerns over policy uncertainty weigh on the minds of all of us. We must fix our economy’s growth and jobs machine.
We can do this. The U.S. economy has the talent, ideas, energy and capital for the robust economic growth that has characterized much of America’s experience in our lifetimes. Our standard of living and the nation’s standing as a world power depend on restoring that growth.
But to do so we must have vastly different policies aimed at stopping runaway federal spending and debt, reforming our tax code and entitlement programs, and scaling back costly regulations. Those policies cannot be found in the president’s proposals. They are, however, the core of Gov. Mitt Romney’s plan for economic recovery and renewal.
In response to the recession, the Obama administration chose to emphasize costly, short-term fixes—ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in “green” companies.
As a consequence, uncertainty over policy—particularly over tax and regulatory policy—slowed the recovery and limited job creation. One recent study by Scott Baker and Nicholas Bloom of Stanford University and Steven Davis of the University of Chicago found that this uncertainty reduced GDP by 1.4% in 2011 alone, and that returning to pre-crisis levels of uncertainty would add about 2.3 million jobs in just 18 months.
The Obama administration’s attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.
Moreover, the Obama administration’s large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation. A recent study by Ernst & Young finds that the administration’s proposal to increase marginal tax rates on the wage, dividend and capital-gain income of upper-income Americans would reduce GDP by 1.3% (or $200 billion per year), kill 710,000 jobs, depress investment by 2.4%, and reduce wages and living standards by 1.8%. And according to the Congressional Budget Office, the large deficits codified in the president’s budget would reduce GDP during 2018-2022 by between 0.5% and 2.2% compared to what would occur under current law.
President Obama has ignored or dismissed proposals that would address our anti-competitive tax code and unsustainable trajectory of federal debt—including his own bipartisan National Commission on Fiscal Responsibility and Reform—and submitted no plan for entitlement reform. In February, Treasury Secretary Tim Geithner famously told congressional Republicans that this administration was putting forth no plan, but “we know we don’t like yours.”
Other needed reforms would emphasize opening global markets for U.S. goods and services—but the president has made no contribution to the global trade agenda, while being dragged to the support of individual trade agreements only recently.
The president’s choices cannot be ascribed to a political tug of war with Republicans in Congress. He and Democratic congressional majorities had two years to tackle any priority they chose. They chose not growth and jobs but regulatory expansion. The Patient Protection and Affordable Care Act raised taxes, unleashed significant new spending, and raised hiring costs for workers. The Dodd-Frank Act missed the mark on housing and “too-big-to-fail” financial institutions but raised financing costs for households and small and mid-size businesses.
These economic errors and policy choices have consequences—record high long-term unemployment and growing ranks of discouraged workers. Sadly, at the present rate of job creation and projected labor-force growth, the nation will never return to full employment.
It doesn’t have to be this way. The Romney economic plan would fundamentally change the direction of policy to increase GDP and job creation now and going forward. The governor’s plan puts growth and recovery first, and it stands on four main pillars:
• Stop runaway federal spending and debt. The governor’s plan would reduce federal spending as a share of GDP to 20%—its pre-crisis average—by 2016. This would dramatically reduce policy uncertainty over the need for future tax increases, thus increasing business and consumer confidence.
• Reform the nation’s tax code to increase growth and job creation. The Romney plan would reduce individual marginal income tax rates across the board by 20%, while keeping current low tax rates on dividends and capital gains. The governor would also reduce the corporate income tax rate—the highest in the world—to 25%. In addition, he would broaden the tax base to ensure that tax reform is revenue-neutral.
• Reform entitlement programs to ensure their viability. The Romney plan would gradually reduce growth in Social Security and Medicare benefits for more affluent seniors and give more choice in Medicare programs and benefits to improve value in health-care spending. It would also block grant the Medicaid program to states to enable experimentation that might better serve recipients.
• Make growth and cost-benefit analysis important features of regulation. The governor’s plan would remove regulatory impediments to energy production and innovation that raise costs to consumers and limit new job creation. He would also work with Congress toward repealing and replacing the costly and burdensome Dodd–Frank legislation and the Patient Protection and Affordable Care Act. The Romney alternatives will emphasize better financial regulation and market-oriented, patient-centered health-care reform.
In contrast to the sclerosis and joblessness of the past three years, the Romney plan offers an economic U-turn in ideas and choices. When bolstered by sound trade, education, energy and monetary policy, the Romney reform program is expected by the governor’s economic advisers to increase GDP growth by between 0.5% and 1% per year over the next decade. It should also speed up the current recovery, enabling the private sector to create 200,000 to 300,000 jobs per month, or about 12 million new jobs in a Romney first term, and millions more after that due to the plan’s long-run growth effects.
But these gains aren’t just about numbers, as important as those numbers are. The Romney approach will restore confidence in America’s economic future and make America once again a place to invest and grow.
Mr. Hubbard, dean of Columbia Business School, was chairman of the Council of Economic Advisers under President George W. Bush. He is an economic adviser to Gov. Romney. …”
http://online.wsj.com/article/SB10000872396390443687504577562842656362660.html
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Notice anything missing? My guess is the second “Chair (if allowed)” was supposed to be “poll watcher certificate” but they put chair twice. This was an instruction packet that went out to 30,000+ people. Did no one proof-read it?





























