Archive for May 7th, 2010

Glenn Beck On The Indispensable Founding Father–George Washington–Videos

Posted on May 7, 2010. Filed under: Blogroll, Computers, Economics, Education, Federal Government, government, government spending, history, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Talk Radio, Taxes, Technology, Video, War, Wisdom | Tags: , , , , , , |

 

“The time is near at hand which must determine whether Americans are to be free men or slaves. “

~George Washington

 President George Washington – The Greatest Man in the World

“THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman. Tyranny, like hell, is not easily conquered; yet we have this consolation with us, that the harder the conflict, the more glorious the triumph. What we obtain too cheap, we esteem too lightly: it is dearness only that gives every thing its value. Heaven knows how to put a proper price upon its goods; and it would be strange indeed if so celestial an article as FREEDOM should not be highly rated.”

~Thomas Paine

Glenn Beck-05/07/10-A

Glenn Beck-05/07/10-B

Glenn Beck-05/07/10-C

Glenn Beck-05/07/10-D

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

“It is the nature and intention of a constitution to prevent governing by party, by establishing a common principle that shall limit and control the power and impulse of party, and that says to all parties, thus far shalt thou go and no further. But in the absence of a constitution, men look entirely to party; and instead of principle governing party, party governs principle.”

~Thomas Paine

George Washington takes the Oath of Office (Inauguration)

“The Constitution is the guide which I never will abandon. “

~George Washington

Background Articles and Videos

George Washington (Part 1) 

 

George Washington (Part 2)

George Washington (Part 3)

“Common Sense” by Thomas Paine – Sparked the Revolution

Thomas Paine: From Pirate to Revolutionary | by Jeff Riggenbach

 

Thomas Paine-Christopher Hitchens (part I)

Thomas Paine-Christopher Hitchens (part 2)

Thomas Paine-Christopher Hitchens (part 3)

Related Posts On Pronk Palisades

Glenn Beck On The Founding Fathers, Samuel Adams and The First American Revolution–Videos

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

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American People To Congress and Senate–No More Bailouts–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Investments, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Talk Radio, Taxes, Uncategorized, Video, Wisdom | Tags: , , , , , , , |

 
“…Socialist governments traditionally do make a financial mess. They [socialists] always run out of other people’s money. It’s quite a characteristic of them.”

~Margaret Thatcher

 

Peter Schiff – Greece 

 Evolution’s Jenkins Sees Greece `Most Likely’ Defaulting: Video

 

Greece welcomes bailout bill with unrest and riots

Fox News Special Report: U.S. Taxpayer Bailout of Greece?

Greg Palast Tells How The IMF Set-Up Iceland Greece on Alex Jones Tv 1of 2

 

Greg Palast Tells How The IMF Set-Up Iceland & Greece on Alex Jones Tv 2/2

Kudlow Report: Outrage Over Greece Bailout with U.S. Taxpayer Dollars

Will the U.S. suffer Greeces financial fate?

 

Neil Cavuto on Greeces Concessions for EU, IMF Aid

 

Greece meets with IMF

http://www.youtube.com/watch?v=E7YwoSbiza0

 

Is Goldman responsible for Greek crisis?

Greece finished; USA to follow: Gerald Celente

The Aemrican people do not want any more bailoout of companies, local governments, states, and foreign companies and countries.

Not one dime of taxpayers money through the International Monetary Fund or IMF should be used to bailout countries such as Greece or foreign banks.

Not one dime of taxpayers money should bailout a state such as California.

Any politician who votes for a bailout will be targeted for defeat when they are up for relection.

Background Articles and Videos

The World Bank (WB) & The International Monetary Fund (IMF)

Inside Story – World Bank – 31 May 07 – Part 1

 

 Inside Story – World Bank – 31 May 07 – Part 2

International Monetary Fund 

“…The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments.

It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the enforcement of liberalising economic policies [3] [4] on other countries as a condition for loans, restructuring or aid.[5] It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States. …”

Table showing the top 20 member countries in terms of voting power (2,220,817 votes in total):[21]

IMF member country↓ Quota: millions of SDRs↓ Quota: percentage of total↓ Governor↓ Alternate Governor↓ Votes: number↓ Votes: percentage of total↓
United States United States 37149.3 17.09 Timothy F. Geithner Ben Bernanke 371743 16.74
Japan Japan 13312.8 6.12 Naoto Kan Masaaki Shirakawa 133378 6.01
Germany Germany 13008.2 5.98 Axel A. Weber Wolfgang Schäuble 130332 5.87
United Kingdom United Kingdom 10738.5 4.94 Alistair Darling Mervyn King 107635 4.85
France France 10738.5 4.94 Christine Lagarde Christian Noyer 107635 4.85
People's Republic of China China 8090.1 3.72 Zhou Xiaochuan Hu Xiaolian 81151 3.66
Italy Italy 7055.5 3.24 Giulio Tremonti Mario Draghi 70805 3.19
Saudi Arabia Saudi Arabia 6985.5 3.21 Ibrahim A. Al-Assaf Hamad Al-Sayari 70105 3.16
Canada Canada 6369.2 2.93 Jim Flaherty Mark Carney 63942 2.88
Russia Russia 5945.4 2.73 Aleksei Kudrin Sergey Ignatyev 59704 2.69
Netherlands Netherlands 5162.4 2.37 Nout Wellink L.B.J. van Geest 51874 2.34
Belgium Belgium 4605.2 2.12 Guy Quaden Jean-Pierre Arnoldi 46302 2.08
India India 4158.2 1.91 Pranab Mukherjee Duvvuri Subbarao 41832 1.88
Switzerland Switzerland 3458.5 1.59 Jean-Pierre Roth Hans-Rudolf Merz 34835 1.57
Australia Australia 3236.4 1.49 Wayne Swan Ken Henry 32614 1.47
Mexico Mexico 3152.8 1.45 Agustín Carstens Guillermo Ortiz 31778 1.43
Spain Spain 3048.9 1.40 Elena Salgado Miguel Fernández Ordóñez 30739 1.38
Brazil Brazil 3036.1 1.40 Guido Mantega Henrique Meirelles 30611 1.38
South Korea South Korea 2927.3 1.35 Okyu Kwon Seong Tae Lee 29523 1.33
Venezuela Venezuela 2659.1 1.22 Gastón Parra Luzardo Rodrigo Cabeza Morales 26841 1.21
remaining 166 countries 62593.8 28.79 respective respective 667438 30.05

http://en.wikipedia.org/wiki/International_Monetary_Fund

World Bank

“…World Bank is a term used to describe an international financial institution that provides leveraged loans[2] to developing countries for capital programs. The World Bank has a stated goal of reducing poverty.

The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), whereas the latter incorporates these two in addition to three more:[3] International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID). …”

http://en.wikipedia.org/wiki/World_Bank

Related Posts On Pronk Palisades

Bailouts

Jeffrey Miron–Obamaomics–Videos

Rose Colored Glasses:The Economy Is Recovering–Where Are The Jobs? When Will Inflation Hit? 2012–Election Year!

Job Creating Businesses and CIT–Videos

The 12 Trillion–$12,000,000,000,000 Crime of The Century: The Decline and Fall of United States of America By Radical Socialist Spending–Look Before You Leap!

The Financial Crime of The Century: William K. Black On Massive Mortgage Fraud –Videos

Bailed Out Bank Trillion Dollar Derivative Exposure

The Mother of All Bailouts–2 to 3 Trillion Dollars–$2,000,000,000–$3,000,000,000!–Rewarding Greed, Arrogance and Stupidity–Pay for Play!

Federal Government Extortion Of Sound Banks–You Decide?–Take This TARP and Shove It!

Boycott Bailedout Businesses and Banks

Ban Bailouts–Stop Inflation Now (SIN)–Stop Socialism of Losses!

The United States is Broke!–Chapter 11 Bankruptcy Time For GM and Ford Is Now!

The Sovereign Wealth Fund Threat: Are Chinese Communists Behind Rush In Passing Bailout Bill?

Pelosi’s Porky Pigout Poison Package–Economy Wrecker and Job Destroyer–Have A Blue Christmas 2009!

Banking And The Federal Reserve System

Keynes Is Dead—-Obama Digging Up Keynes–Free Market Capitalism Lives

The Coming Inflation and A New Money Supply Backed By Real Estate?–Free Enterprise To The Rescue?

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

Banking–Videos

Creature from Jekyll Island: The Federal Reserve System–Videos

The Monopoly Men: The Federal Reserve Bank Cartel–Videos

M3 Money Meteorite Moves–Deep Impact–The Coming Inflation Tidal Wave–Wage and Price Controls Will Signal Radical Socialist Obama’s Failure!

Budget of United States Government

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Revenue 

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Heritage Foundation 2010 Budget Charts–Federal Entitlements

 

 

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Alex Jones On Illegal Immigration–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Crime, Culture, Demographics, Economics, Education, Employment, Energy, Farming, Federal Government, Films, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Homes, Immigration, Investments, Language, Law, liberty, Life, Links, Monetary Policy, Philosophy, Politics, Rants, Raves, Regulations, Security, Talk Radio, Taxes, Technology, Transportation, Video, War, Wisdom | Tags: , |

Alex Jones on Illegal Immigration – Part 1/12

Alex Jones on Illegal Immigration – Part 2/12

Alex Jones on Illegal Immigration – Part 3/12

Alex Jones on Illegal Immigration – Part 4/12

Alex Jones on Illegal Immigration – Part 5/12

Alex Jones on Illegal Immigration – Part 6/12

Alex Jones on Illegal Immigration – Part 7/12

Alex Jones on Illegal Immigration – Part 8/12

Alex Jones on Illegal Immigration – Part 9/12

Alex Jones on Illegal Immigration – Part 10/12

 

Alex Jones on Illegal Immigration – Part 11/12

 

Alex Jones on Illegal Immigration – Part 12/12

Background Articles and Videos

 Immigration Gumballs

 

Lou Dobbs – Problems with the U.S. Legal Immigration System

Cost of Illegal Immigration

Stop Amnesty for Illegal Immigrants – Expert Reveals the True Cost of Amnesty

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Immigration

Your Papers Please–Progressive Radical Socialist Democratic and Republican Senators Proposed National ID Card–Vote These Bums Out Of Office–Time For Operation Wetback II

Cheap Tomatoes, Cheap Labor, Criminal Aliens, Corrupt Polticians, Costing Trillions–Cradle To Grave Progressive Radical Socialism!

Obama Aids and Abets Illegal Immigration and High American Citizen Unemployment By Attacking Arizona State Law!

American Citizens Want Jobs and Criminal Alien Removal, Not Criminal Alien Census and Health Care!

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Discover The Left’s Organized Crime Network–Crime Pays–Organized Crimes Pays More–Apply for Census Taker Jobs!

US Immigration Videos

Borderline Chaos: Immigration Out of Control–Videos

The Hyphenated American and The Hyphen

The Signed “Stimulus Package” Did Not Include Funding for E-Verify and Border Fence Construction–Less Jobs And Security for American Citizens

President Obama Delays E-Verify–Shame On You Mr. President!

The Issue of The United States 2008 Presidential Election–Criminal Alien Removal (CAR) and A Border Security Fence (BSF)

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

Appeasers and Oath Breakers All: Bush, Clinton, Bush, McCain, Clinton, Obama…Who is next?

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

John McCain’s Position on Illegal Immigration and Criminal Alien Removal?

Alan Keyes on Immigration

 

Related Posts On Pronk Palisades

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Glenn Beck Conversations With Legal Immigrants To The United States of America–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Culture, Demographics, Economics, Education, Employment, Federal Government, Foreign Policy, government, government spending, Health Care, history, Immigration, Investments, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Religion, Security, Strategy, Talk Radio, Technology, Video, Wisdom | Tags: , , , , , , , , |

  

  “There was a time when we the U.S. had completely unrestricted immigration, when anybody could come to these shores and the motto on the Statue of Liberty had some real meaning. This was a country of hope and of promise for immigrants and their children, and as many as a million immigrants a year came in 1906 and ’07 and ’08. By 1914, roughly a third of the population was foreign-born or the immediate descendants of foreign-born…The fact that year after year hundreds of thousands of people left the countries of Europe to come to this country was persuasive evidence that they were coming to improve their lot, not to worsen it.”

~Milton Friedman

 

~Milton friedmanGlenn Beck-05/06/10-A

Glenn Beck-05/06/10-B 

 

Glenn Beck-05/06/10-C

Glenn Beck-05/06/10-D

“It almost seems that nobody can hate America as much as native Americans. America needs new immigrants to love and cherish it.”

~Eric Hoffer

Once an illegal alien breaks several laws to work in the United States, they should not be allowed to legally become a citizen of the United States.

I am tired of this back of the line or pathway to citizenship nonsense.

They broke our laws and in so doing forfeited any opportunity to become a legal immigrant or citizen of the United States.

I would tie the number of legal immigrants allowed into the country each year to the  prior year’s annual average unemployment rate..

When the United States economy is running an official unemployment rate that is 3% or less, then the maximum number of new legal immigrants can enter the U.S.

When the unemployment rates exceeds 8% , only a very small number of new immigrants would be allowed entry.

For example if the U.S. unemployment rate was 3% then 300,ooo new legal immigrants would be permitted entry for the year.

If the U.S.  unemployment was 8% then 50,000 new legal  immigrants would be permitted entry for the year.

The annual average unemployment rate as measured by the Bureau of Labor Statistics U-3 measure of the unemployment rates would be used to determine next year number of new legal immigrants.

Background Articles and Videos

 

 Immigration Gumballs

 

Lou Dobbs – Problems with the U.S. Legal Immigration System

Cost of Illegal Immigration

Stop Amnesty for Illegal Immigrants – Expert Reveals the True Cost of Amnesty

Related Posts On Pronk Palisades

Immigration

Your Papers Please–Progressive Radical Socialist Democratic and Republican Senators Proposed National ID Card–Vote These Bums Out Of Office–Time For Operation Wetback II

Cheap Tomatoes, Cheap Labor, Criminal Aliens, Corrupt Polticians, Costing Trillions–Cradle To Grave Progressive Radical Socialism!

Obama Aids and Abets Illegal Immigration and High American Citizen Unemployment By Attacking Arizona State Law!

American Citizens Want Jobs and Criminal Alien Removal, Not Criminal Alien Census and Health Care!

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Discover The Left’s Organized Crime Network–Crime Pays–Organized Crimes Pays More–Apply for Census Taker Jobs!

US Immigration Videos

Borderline Chaos: Immigration Out of Control–Videos

The Hyphenated American and The Hyphen

The Signed “Stimulus Package” Did Not Include Funding for E-Verify and Border Fence Construction–Less Jobs And Security for American Citizens

President Obama Delays E-Verify–Shame On You Mr. President!

The Issue of The United States 2008 Presidential Election–Criminal Alien Removal (CAR) and A Border Security Fence (BSF)

The Cost of Comprehensive Immigration Reform–McCain and Obama Are Hopeless–It is the Economy Stupid!

Appeasers and Oath Breakers All: Bush, Clinton, Bush, McCain, Clinton, Obama…Who is next?

Why immigration will be the number 1 political issue in the 2008 Presidential Election! — Gum Balls

Presidential Candidates on Illegal Immigration, Criminal Alien Removal and Social Service Benefits

John McCain’s Position on Illegal Immigration and Criminal Alien Removal?

Alan Keyes on Immigration

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Best Selling Video In The Black Hood–The Obama Deception!–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Computers, Culture, Demographics, Economics, Education, Employment, Energy, Farming, Federal Government, Films, government, government spending, Investments, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Resources, Security, Strategy, Talk Radio, Taxes, Technology, Video, War, Wisdom | Tags: , , , , |

 

The Obama Deception HQ Full length version 

 

The Obama Deception 

http://infowars-shop.stores.yahoo.net/obdedvd.html

 

Background Articles and Videos

Alex Jones

“…Alexander Emerick Jones (born February 11, 1974) is an American talk radio host and filmmaker. His syndicated news/talk show The Alex Jones Show, based in Austin, Texas, airs via the Genesis Communication Network over 60 AM, FM, and shortwave radio stations across the United States and on the Internet.[1] His websites include Infowars.com and PrisonPlanet.com.[2]

Mainstream news sources have referred to him as right-wing,[3][4][5] conservative,[6][7][8][9] and a conspiracy theorist.[10][11][12] Journalist Michelle Goldberg has stated in The New Republic that Jones represents “an old strain of American conservatism—isolationist, anti-Wall Street, paranoid about elite conspiracies—that last flowered during the John Birch Society’s heyday.”[13]

Jones sees himself as a libertarian, and rejects being described as a right-winger.[14] He has also called himself a paleoconservative.[15] In a promotional biography he is described as an “aggressive constitutionalist”.[16][17]

http://en.wikipedia.org/wiki/Alex_Jones_(radio_host)

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The Second American Revolution Or World War III?–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Crime, Culture, Demographics, Economics, Education, Employment, Energy, Farming, Federal Government, Fiscal Policy, Foreign Policy, government spending, history, Homes, Immigration, Investments, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Religion, Resources, Security, Strategy, Talk Radio, Taxes, Technology, Video, War, Wisdom | Tags: , , , , , |

 

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 1 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 2 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 3 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 4 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 5 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 6 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 7 8

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 8 8

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35 State Unemployment Insurance Systems Are Insolvent and Require Federal Bailout Loans!–Videos

Posted on May 7, 2010. Filed under: Blogroll, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Language, Law, liberty, Life, Links, media, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Resources, Reviews, Security, Strategy, Talk Radio, Taxes, Technology, Video, Wisdom | Tags: , , , |

 May 6 10 Hearing on the Solvency of the Unemployment Insurance System, McDermott Opening Statement


 

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Brill Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Sherill Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Lee Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Holmes Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Stettner Opening Statement

Background Articles and Videos

Unemployment Insurance Tracker

By Olga Pierce and Jeff Larson, ProPublica

“…The unemployment insurance system is in crisis due to a combination skyrocketing unemployment and – in some cases – poor planning. A record 20 million Americans collected unemployment benefits last year, and twenty-six states have run out of funds and been forced to borrow from the federal government, raise taxes, or cut benefits. In many other states the situation is deteriorating fast. Using near real-time data on state revenues and the benefits they pay out, we estimate how long state trust funds will hold up. Click on a state to find the latest, plus historical data, and details on tax increases and benefit cuts. (Updated Weekly: last update March 25, 2010)

  Bankrupt and Borrowing: The state’s unemployment fund is currently bankrupt and the state is borrowing from the federal government.
  In Trouble: The state’s unemployment fund will likely be depleted in six months or less.
  In the Clear: The state’s unemployment fund is solvent.

  Trust Fund
Balance
(millions)
Current Borrowing
(millions)
6 Month
Projection
(millions) *
Ala. $6.9 $256.6  
Alaska $275.0   $276.8m
Ariz. $59.9 $7.2  
Ark. $15.0 $312.4  
Calif. $112.5 $8,161.5  
Colo. $9.1 $159.4  
Conn. $36.9 $386.2  
Del. $15.0   Insolvent
D.C. $306.0   $337.0m
Fla. $138.4 $1,447.8  
Ga. $24.7 $312.7  
Hawaii $80.6   Insolvent
Idaho $3.4 $174.9  
Ill. $6.5 $1,959.7  
Ind. $18.5 $1,781.3  
Iowa $285.2   $141.9m
Kan. $41.5 $51.1  
Ky. $6.4 $745.1  
La. $1,056.4   $859.4m
Maine $300.1   $274.1m
Md. $12.7 $83.4  
Mass. $14.8 $224.3  
Mich. $121.2 $3,706.2  
Minn. $9.3 $585.7  
Miss. $433.2   $475.7m
Mo. $13.5 $657.2  
Mont. $137.6   $95.5m
Neb. $136.8   $117.7m
Nev. $40.5 $314.4  
N.H. $4.6 $15.0  
N.J. $42.4 $1,471.8  
N.M. $234.8   $109.4m
N.Y. $38.0 $2,898.7  
N.C. $19.0 $2,081.6  
N.D. $83.6   $77.1m
Ohio $31.4 $2,185.3  
Okla. $423.1   $245.8m
Ore. $928.0   $544.9m
Pa. $107.5 $2,744.5  
R.I. $1.5 $194.0  
S.C. $5.6 $836.7  
S.D. $0.9 $21.0  
Tenn. $94.7   $894.3m
Texas $39.7 $1,946.0  
Utah $433.3   $268.9m
Vt. $1.8 $16.8  
Va. $68.0 $288.7  
Wash. $2,306.3   $1,474.1m
W.Va. $91.5   $102.0m
Wis. $24.9 $1,299.3  
Wyo. $130.3   $73.4m

* When a state borrows to bolster its trust fund, future trust fund balance predictions are no longer valid. See the Nerd Page for info.
Reporters: You are free to use this data to report your stories. Just remember to credit Propublica. Click through to individual states, and you can get a CSV download of its unemployment data.

http://projects.propublica.org/unemployment/

Over half of state unemployment insurance funds face insolvency

By Greg Lucas

“…A significant – and often overlooked — result of what’s been dubbed the Great Recession is that in just over half of the 50 states, the programs that pay unemployment insurance to workers who’ve lost their jobs are insolvent, leading states to borrow more than $39 billion from the federal government to keep writing checks.

California, which has the largest unemployment program in the country, has the dubious distinction of leading 34 other states and the Virgin Islands in borrowing:  $8.5 billion as of April 5, according to the U.S. Department of Labor. At $3.8 billion, Michigan is second, although 12 states owe at least $1 billion.

“Our current economic slowdown has led to unemployment rates in California much higher than economists had predicted, and that has put an additional strain on our unemployment insurance system,” GOP Gov. Arnold Schwarzenegger said back in October 2008, adding prophetically, “The longer we wait, the worse the situation will get for the system and for California families who rely on it.”

The Employment Development Department predicted in October 2009 that unless employers pay more or the unemployed receive less generous benefits, California’s Unemployment Insurance Fund will end this year $18.4 billion in the red and a staggering $27.3 billion in 2011 – all money that would need to be repaid to the federal government …”

http://www.caivn.org/article/2010/04/08/over-half-state-unemployment-insurance-funds-face-insolvency

Related Posts On Pronk Palisades

Obama Depression Worsens And Continues: Unemployment Rates Hit 9.9% (U-3, Official) and 17.1% (U-6, Real)–Over 27 Million Americans Seeking Full Time Job–35 State Unemployment Insurance Funds Insolvent–Start of Second American Revolution Or World War III?

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Obama Depression Worsens And Continues: Unemployment Rates Hit 9.9% (U-3, Official) and 17.1% (U-6, Real)–Over 27 Million Americans Seeking Full Time Job–35 State Unemployment Insurance Funds Insolvent–Start of Second American Revolution Or World War III?

Posted on May 7, 2010. Filed under: Blogroll, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, history, Immigration, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Resources, Security, Strategy, Talk Radio, Taxes, Technology, Video | Tags: , , , , , , , , , , |

HOUSEHOLD DATA
Table A-15. Alternative measures of labor underutilization

[Percent]
Measure Not seasonally adjusted Seasonally adjusted
Apr.
2009
Mar.
2010
Apr.
2010
Apr.
2009
Dec.
2009
Jan.
2010
Feb.
2010
Mar.
2010
Apr.
2010
U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force 4.5 6.3 6.3 4.1 5.9 5.8 5.8 5.8 5.8
 
U-2 Job losers and persons who completed temporary jobs, as a percent of the civilian labor force 5.6 6.7 5.9 5.7 6.3 6.1 6.2 6.1 6.0
 
U-3 Total unemployed, as a percent of the civilian labor force (official unemployment rate) 8.6 10.2 9.5 8.9 10.0 9.7 9.7 9.7 9.9
 
U-4 Total unemployed plus discouraged workers, as a percent of the civilian labor force plus discouraged workers 9.0 10.8 10.2 9.4 10.5 10.3 10.4 10.3 10.6
 
U-5 Total unemployed, plus discouraged workers, plus all other persons marginally attached to the labor force, as a percent of the civilian labor force plus all persons marginally attached to the labor force 9.8 11.5 10.9 10.1 11.4 11.2 11.1 11.1 11.3
 
U-6 Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force 15.4 17.5 16.6 15.8 17.3 16.5 16.8 16.9 17.1
NOTE: Persons marginally attached to the labor force are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the past 12 months. Discouraged workers, a subset of the marginally attached, have given a job-market related reason for not currently looking for work. Persons employed part time for economic reasons are those who want and are available for full-time work but have had to settle for a part-time schedule. Updated population controls are introduced annually with the release of January data.

Christina Romer on Jobs, Deficit

 

Obama On April 2010 Job Growth

3 Reasons Public Sector Employees are Killing the Economy

U.S. Government is biggest employer of Illegal Alien Workers

Peter Schiff, How an Economy Grows Why it Crashes


 

President Obama is an economic illiterate.

Higher unemployment is not an accomplishment, it is an economic disaster.

In May and June when graduating  high school and college students enter the labor force and cannot find jobs, by the President’s logic this is progress as the unemployment rates increase even more.

Cut the rubbish Mr. President.

More Americans looking for a job is not the same as more Americans finding jobs.

Only when the unemployment rates start to decline and fall back to under 5% will real progress be made.

Nobody is falling for this nonsense and spin.

 Stop lying Mr. President.

There are actually over thirty million Americans looking for a full-time job.

This is more than double the number of Americans looking for a full-time job in the worse month of the Great Depression, March 1933, when nearly 13 million Americans  were unemployed.

Had President Obama done absolutely nothing, the economy would be in far better shape than it is now. 

Instead the progressive radical socialist Democratic Party passed a stimulus package that simply did not work.

The only sector of the economy that has experienced significant  job and salary growth is the Federal Government.

Over 8.4 million jobs have been lost since December 2007 of which over 4 million jobs have been lost under the Presidency of Barack Obama.

Over 35 state unemployment insurance trust funds are insolvent and are being bailed out by loans from the Federal Government.

There are currently between 10 million to 15 million illegal aliens working in the United States.

Now if the President and the Federal Government would enforce immigration laws and remove from the work place illegal aliens and deport them back to their country of origin, the unemployment rate would  decline by about a third as American citizens took the jobs.

 President Obama appears to be more concerned about illegal aliens than American citizens.

No wonder the President and his surrogates are race baiting those in Arizona that are demanding immigration law enforcement in self-defense of their lives and property.

The youth, blacks, Hispanics and whites that are currently unemployed will remember the progressive radical socialist Democratic Party led by President Obama put illegal alien rights ahead of jobs for American citizens.

 May 6 10 Hearing on the Solvency of the Unemployment Insurance System, McDermott Opening Statement


 

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Brill Opening Statement

May 6 10 Hearing on th

e Solvency of the Unemployment Insurance System, Sherill Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Lee Opening Statement

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Holmes Opening Statement

 

May 6 10 Hearing on the Solvency of the Unemployment Insurance System, Stettner Opening Statement

Gerald Celente: Economic recovery a cover up

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 1 8

 

Gerald Celente The Coming Great War of Our Age on Alex Jones Tv 2 8

Series Id:           LNS14000000 Seasonally Adjusted Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment 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
2000 4.0 4.1 4.0 3.8 4.0 4.0 4.0 4.1 3.9 3.9 3.9 3.9  
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 4.6 4.6 4.7 4.7 4.7 5.0  
2008 5.0 4.8 5.1 5.0 5.4 5.5 5.8 6.1 6.2 6.6 6.9 7.4  
2009 7.7 8.2 8.6 8.9 9.4 9.5 9.4 9.7 9.8 10.1 10.0 10.0  
2010 9.7 9.7 9.7 9.9                

 

Series Id:           LNS13327709 Seasonally Adjusted Series title:        (seas) Total unemployed, plus all marginally attached workers plus total employed part time for economic reasons, as a percent of all civilian labor force plus all marginally attached workers Labor force status:  Aggregated totals unemployed
Type of data:        Percent or rate
Age:                 16 years and over
Percent/rates:       Unemployed and mrg attached and pt for econ reas as percent of labor force plus marg attached

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
2000 7.1 7.2 7.1 6.9 7.1 7.0 7.0 7.1 7.0 6.8 7.1 6.9  
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 8.0  
2007 8.3 8.1 8.0 8.2 8.2 8.2 8.3 8.5 8.4 8.4 8.5 8.8  
2008 9.1 8.9 9.0 9.2 9.7 10.0 10.5 10.9 11.2 11.9 12.8 13.7  
2009 14.0 15.0 15.6 15.8 16.4 16.5 16.4 16.8 17.0 17.4 17.2 17.3  
2010 16.5 16.8 16.9 17.1                

 

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
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248  
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 150201(1) 150629 150839 150915 151085 151368 151383 151729 151650 152020 152360 152698  
2007 153117(1) 152941 153093 152531 152717 153045 153039 152781 153393 153158 153767 153869  
2008 154048(1) 153600 153966 153936 154420 154327 154410 154696 154590 154849 154524 154587  
2009 154140(1) 154401 154164 154718 154956 154759 154351 154426 153927 153854 153720 153059  
2010 153170(1) 153512 153910 154715                  
1 : Data affected by changes in population controls.

 

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
2000 67.3 67.3 67.3 67.3 67.1 67.1 66.9 66.9 66.9 66.8 66.9 67.0  
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 66.3 66.0 66.0 66.0 66.0 65.8 66.0 65.8 66.0 66.0  
2008 66.2 66.0 66.1 66.0 66.2 66.1 66.0 66.1 66.0 66.0 65.8 65.8  
2009 65.7 65.7 65.6 65.8 65.8 65.7 65.4 65.4 65.1 65.0 64.9 64.6  
2010 64.7 64.8 64.9 65.2                

http://data.bls.gov/cgi-bin/surveymost 

Employment Situation Summary

THE EMPLOYMENT SITUATION — APRIL 2010

Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S.
Bureau of Labor Statistics reported today. Job gains occurred in anufactur-
ing, professional and business services, health care, and leisure and hospi-
tality. Federal government employment also rose, reflecting continued hiring of temporary workers for Census 2010.

Household Survey Data

In April, the number of unemployed persons was 15.3 million, and the unem
ployment rate edged up to 9.9 percent. The rate had been 9.7 percent for the first 3 months of this year. (See table A-1.)

Among the major worker groups, the unemployment rate for whites (9.0 percent) edged up in April, while the rates for adult men (10.1 percent), adult women (8.2 percent), teenagers (25.4 percent), blacks (16.5 percent), and Hispanics (12.5 percent) showed little or no change. The jobless rate for Asians was 6.8 percent, not seasonally adjusted. (See tables A-1, A-2, and A-3.)

The number of long-term unemployed (those jobless for 27 weeks and over) continued to trend up over the month, reaching 6.7 million. In April, 45.9 percent of unemployed persons had been jobless for 27 weeks or more. (See table A-12.)

Among the unemployed, the number of reentrants to the labor force rose by
195,000 over the month. (See table A-11.)

In April, the civilian labor force participation rate increased by 0.3 percent-
age point to 65.2 percent, as the size of the labor force rose by 805,000.

Since December, the participation rate has increased by 0.6 percentage point. The employment-population ratio rose to 58.8 percent over the month and has increased by 0.6 percentage point since December. (See table A-1.)

The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) was about unchanged at 9.2 million in April. 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.)

About 2.4 million persons were marginally attached to the labor force in April, compared with 2.1 million a year earlier. (The 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 1.2 million discouraged workers in April, up by 457,000 from a year earlier. (The 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 1.2 million persons marginally attached to the labor force had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities. (See
table A-16.) 

http://www.bls.gov/news.release/empsit.nr0.htm 

Stimulus II: A Sequel America Can’t Afford

The Empirical Evidence Against Big Government

Free Markets and Small Government Produce Prosperity

The Unemployment Game Show: Are You *Really* Unemployed? – From Mint.com

 

Alternate Unemployment Charts

“…The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers.

The U-3 unemployment rate is the monthly headline number. The U-6 unemployment rate is the Bureau of Labor Statistics’ (BLS) broadest unemployment measure, including short-term discouraged and other marginally-attached workers as well as those forced to work part-time because they cannot find full-time employment. …”

http://www.shadowstats.com/alternate_data/unemployment-charts

Background Articles and Videos

                       **Peter Schiff – Because We Were Free**

 

 

  04 UNDERSTANDING ECONOMICS: UNEMPLOYMENT

Unemployment 9.9% for April 2010

“…The April 2010 monthly unemployment figures are out. The rate increased to 9.9% and the number of jobs gained is 290,000. How the rate can increase when the U.S. gained that many jobs will be answered below.

Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent …”

http://www.economicpopulist.org/content/unemployment-99-april-2010

How the Government Measures Unemployment

On this Page:

  1. Why does the Government collect statistics on the unemployed?
  2. Where do the statistics come from?
  3. What are the basic concepts of employment and unemployment?
  4. Who is counted as employed?
  5. Who is counted as unemployed?
  6. Who is not in the labor force?
  7. What about cases of overlap?
  8. Where can people find the data?
  9. How are seasonal fluctuations taken into account?
  10. Is there only one official definition of unemployment?
  11. What other information is collected in the CPS?
  12. How is unemployment measured for States and local areas?
  13. Where can people get more information?
  14. What do the unemployment insurance (UI) figures measure?

http://www.bls.gov/cps/cps_htgm.htm

 

Unemployment

“…Unemployment occurs when a person is available and willing to work but currently without work.[1] The prevalence of unemployment is usually measured using the unemployment rate, which is defined as the percentage of those in the labor force who are unemployed. The unemployment rate is also used in economic studies and economic indices such as the United States’ Conference Board’s Index of Leading Indicators as a measure of the state of macroeconomics.

Mainstream economics believes in the main that unemployment is inevitable, and a necessary evil to prevent inflation; this is disputed by some schools of heterodox economics. The causes of unemployment are disputed. Keynesian economics emphasizes unemployment resulting from insufficient effective demand for goods and services in the economy (cyclical unemployment). Others point to structural problems and inefficiencies inherent in labour markets; structural unemployment involves mismatches between demand and supply of laborers with the necessary skillset, sometimes induced by disruptive technologies or globalisation. Classical or neoclassical economics tends to reject these explanations, and focuses more on rigidities imposed on the labor market from the outside, such as unionization, minimum wage laws, taxes, and other regulations that may discourage the hiring of workers (classical unemployment). Yet others see unemployment as largely due to voluntary choices by the unemployed and the time it takes to find a new job (frictional unemployment). Behavioral economics highlights phenomena such as sticky wages and efficiency wages which may lead to unemployment.

There is also disagreement on how exactly to measure unemployment. Different countries experience different levels of unemployment; traditionally, the United States experiences lower unemployment levels than countries in the European Union,[2] although there is variant there, with countries like the UK and Denmark outperforming Italy and France and it also changes over time (e.g. the Great Depression) throughout economic cycles. …”

“…United States Bureau of Labor Statistics

The Bureau of Labor Statistics measures employment and unemployment (of those over 15 years of age) using two different labor force surveys[49] conducted by the United States Census Bureau (within the United States Department of Commerce) and/or the Bureau of Labor Statistics (within the United States Department of Labor) that gather employment statistics monthly. The Current Population Survey (CPS), or “Household Survey”, conducts a survey based on a sample of 60,000 households. This Survey measures the unemployment rate based on the ILO definition.[50] The data are also used to calculate 5 alternate measures of unemployment as a percentage of the labor force based on different definitions noted as U1 through U6:[51]

  • U1: Percentage of labor force unemployed 15 weeks or longer.
  • U2: Percentage of labor force who lost jobs or completed temporary work.
  • U3: Official unemployment rate per ILO definition.
  • U4: U3 + “discouraged workers”, or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
  • U5: U4 + other “marginally attached workers”, or “loosely attached workers”, or those who “would like” and are able to work, but have not looked for work recently.
  • U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment).

Note: “Marginally attached workers” are added to the total labor force for unemployment rate calculation for U4, U5, and U6. The BLS revised the CPS in 1994 and among the changes the measure representing the official unemployment rate was renamed U3 instead of U5.[52]

It should also be noted that studies have found that the U.S. unemployment rate would be at least 2% higher if prisoners and jail inmates were counted.[53][54]

The Current Employment Statistics survey (CES), or “Payroll Survey”, conducts a survey based on a sample of 160,000 businesses and government agencies that represent 400,000 individual employers.[55] This survey measures only nonagricultural, nonsupervisory employment; thus, it does not calculate an unemployment rate, and it differs from the ILO unemployment rate definition. These two sources have different classification criteria, and usually produce differing results. Additional data are also available from the government, such as the unemployment insurance weekly claims report available from the Office of Workforce Security, within the U.S. Department of Labor Employment & Training Administration.[56]

These statistics are for the U.S. economy as a whole, hiding variations among groups. For January 2008 in the U.S. the unemployment rates were 4.4% for adult men, 4.2% for adult women, 4.4% for Caucasians, 6.3% for Hispanics or Latinos (all races), 9.2% for African Americans, 3.2% for Asian Americans, and 18.0% for teenagers.[55]

These percentages represent the usual rough ranking of these different groups’ unemployment rates. The absolute numbers change over time and with the business cycle.[57]

The Bureau of Labor Statistics provides up-to-date numbers via a pdf linked here.[58] The BLS also provides a readable concise current Employment Situation Summary, updated monthly.[59]

http://en.wikipedia.org/wiki/Unemployment

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
2000 142267(1) 142456 142434 142751 142388 142591 142278 142514 142518 142622 142962 143248  
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 150201(1) 150629 150839 150915 151085 151368 151383 151729 151650 152020 152360 152698  
2007 153117(1) 152941 153093 152531 152717 153045 153039 152781 153393 153158 153767 153869  
2008 154048(1) 153600 153966 153936 154420 154327 154410 154696 154590 154849 154524 154587  
2009 154140(1) 154401 154164 154718 154956 154759 154351 154426 153927 153854 153720 153059  
2010 153170(1) 153512 153910 154715                  
1 : Data affected by changes in population controls.

 

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