Progressive President Problem — Warfare and Welfare State — Big Government Intervention In Economy At Home and Militarily Abroad — Government Dependency — Serfdom and Collectivism in The New World Order — They Have Won — The Solution — Freedom Force International– Videos

Posted on April 25, 2013. Filed under: American History, Blogroll, Business, College, Communications, Constitution, Crime, Demographics, Economics, Education, Employment, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, History of Economic Thought, Language, Law, liberty, Life, Links, Macroeconomics, media, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Talk Radio, Tax Policy, Taxes, Technology, Terrorism, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , |

progressive_presidents

5_Living_US_Presidents

roundtables

Mind blowing speech by Robert Welch in 1958 predicting Insiders plans to destroy America

G. Edward Griffin: The Collectivist Conspiracy (Full Length)

An Idea Whose Time Has Come – G. Edward Griffin – Freedom Force International – Full

G. Edward Griffin Promotes Freedom Force International Part 1 of 2

G. Edward Griffin Promotes Freedom Force International Part 2 of 2

Capitalism Without Guilt – Yaron Brook on morals of capitalism.

Invisible Empire A New World Order Defined Full

George W. Bush breaks down at library dedication

Bill Clinton speaks of Carroll Quigley at 1992 Democratic National Convention

tragedy-and-hope

Hillary Clinton admits that the CFR runs the Government

Dick Cheney ex-director of CFR talks to David Rockefeller

Americans and Collectivism – TheBlazeTV – The Glenn Beck Program – 2013.04.26

Glenn Beck Predicts New World Order. Global Reset. U.S. Will Be A 3rd World State

Glenn Beck- ‘How Did Communism Become Cool?’

Super rich are in a conspiracy to rule the world – G. Edward Griffin

G. Edward Griffin The Dangerous Servant A Discourse on Government

The Quigley Formula – G. Edward Griffin lecture

tragedyandhope.3

“Legalized Plunder of the American People” – G. Edward Griffin

The Shadows of Power: The Council on Foreign Relations and the American Decline | James Perloff

Invisible Empire A New World Order Defined Full

[yotube=http://www.youtube.com/watch?v=NO24XmP1c5E]

THE CREED OF FREEDOM

INTRINSIC NATURE OF RIGHTS
I believe that only individuals have rights, not the collective group; that these rights are intrinsic to each individual, not granted by the state; for if the state has the power to grant them, it also has the power to deny them, and that is incompatible with personal liberty.
I believe that a just state derives its power solely from its citizens. Therefore, the state must never presume to do anything beyond what individual citizens also have the right to do. Otherwise, the state is a power unto itself and becomes the master instead of the servant of society.

SUPREMACY OF THE INDIVIDUAL
I believe that one of the greatest threats to freedom is to allow any group, no matter its numeric superiority, to deny the rights of the minority; and that one of the primary functions of a just state is to protect each individual from the greed and passion of the majority.

FREEDOM OF CHOICE
I believe that desirable social and economic objectives are better achieved by voluntary action than by coercion of law. I believe that social tranquility and brotherhood are better achieved by tolerance, persuasion, and the power of good example than by coercion of law. I believe that those in need are better served by charity, which is the giving of one’s own money, than by welfare, which is the giving of other people’s money through coercion of law.

EQUALITY UNDER LAW
I believe that all citizens should be equal under law, regardless of their national origin, race, religion, gender, education, economic status, life style, or political opinion. Likewise, no class should be given preferential treatment, regardless of the merit or popularity of its cause. To favor one class over another is not equality under law.

PROPER ROLE OF THE STATE
I believe that the proper role of the state is negative, not positive; defensive, not aggressive. It is to protect, not to provide; for if the state is granted the power to provide for some, it must also be able to take from others, and that always leads to legalized plunder and loss of freedom. If the state is powerful enough to give us everything we want, it also will be powerful enough to take from us everything we have. Therefore, the proper function of the state is to protect the lives, liberty, and property of its citizens, nothing more. That state is best which governs least.


THE THREE COMMANDMENTS OF FREEDOM

The Creed of Freedom is based on five principles. However, in day-to-day application, they can be reduced to just three codes of conduct. These are The Three Commandments of Freedom:

INDIVIDUAL RIGHTS
Only individuals have rights, not groups. Therefore, do not sacrifice the rights of any individual or minority for the alleged rights of groups.

EQUALITY UNDER LAW
To favor one class of citizens over others is not equality under law. Therefore, do not endorse any law that does not apply to all citizens equally.

FREEDOM OF CHOICE
The proper function of the state is to protect, not to provide. Therefore, do not approve coercion for any purpose except to protect human life, liberty, or property.


THE THREE PILLARS OF FREEDOM

Another way of viewing these principles is to consider them as the three pillars of freedom. They are concepts that underlie the ideology of individualism, and individualism is the indispensable foundation of freedom.

For the rational and historical support for The Creed of Freedom, see The Chasm in the Issues section of his site. This 21-page document will take 10 to 45 seconds to load depending on the speed of your Internet connection.

Background Articles and Videos

Freedom Force International speaker for Liberty in Pittsburgh

Rare Carroll Quigley interview

Professor Carroll Quigley, Bill Clinton’s mentor at Georgetown University, authored a massive volume entitled “Tragedy and Hope” in which he states: “There does exist and has existed for a generation, an international network which operates, to some extent, in the way the radical right believes the Communists act. In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so. I know of the operations of this network because I have studied it for twenty years and was permitted for two years, in the early 1960s, to examine its papers and secret records. I have no aversion to it or to most of its aims, and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies, but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.”

[1 of 5] Rare Carroll Quigley Interview

Carroll Quigley was the historian for the Council on Foreign Relations and author of Tragedy and Hope (tragedy is all the people who must suffer and die for the NWO, and the hope is the NEW WORLD ORDER )

Professor Quigley was a Globalist, he supported the idea NEW WORLD ORDER and wrote about it, he, unlike the elites, thought the people should know about it.

“I know of this network because I have studied it for twenty years and was permitted for two years in the early 1960s to examine its papers and secret records. I have no aversion to it or to most of its aims and have, for much of my life, been close to it and to many of its instruments. I have objected, both in the past and recently, to a few of its policies … but in general my chief difference of opinion is that it wishes to remain unknown, and I believe its role in history is significant enough to be known.” — Dr. Carroll Quigley, Tragedy and Hope

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements, arrived at in frequent private meetings and conferences…”

“The apex of the system was the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the worlds’ central banks which were themselves private corporations…”

“The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.” Tragedy and Hope: A History of The World in Our Time (Macmillan Company, 1966,) Professor Carroll Quigley of Georgetown University

“The Council on Foreign Relations is the American branch of a society which originated in England … [and] … believes national boundaries should be obliterated and one-world rule established.” Dr. Carroll Quigley

“As a teenager, I heard John Kennedy’s summons to citizenship. And then, as a student, I heard that call clarified by a professor I had named Carroll Quigley.”President Clinton, in his acceptance speech for the Democratic Party’s nomination for president, 16 July 1992

[2 of 5] Rare Carroll Quigley Interview

[3 of 5] Rare Carroll Quigley Interview

[4 of 5] Rare Carroll Quigley Interview

[5 of 5] Rare Carroll Quigley Interview

The Creature From Jekyll Island (by G. Edward Griffin)

The Creature From Jekyll Island
A Second Look at the Federal Reserve
by G. Edward Griffin

Recorded: 1994

Edward Griffin – The Subversion Factor

CFR – List of Members and Organisations Involved

Jimmy Carter Administration

President Carter (who became a CFR member in 1983) appointed over 60 CFR members to serve in his Administration:

  • Walter Mondale (Vice-President)
  • Zbigniew Brzezinski (National Security Advisor)
  • Cyrus R. Vance (Secretary of State)
  • W. Michael Blumenthal (Secretary of Treasury)
  • Harold Brown (Secretary of Defense)
  • Stansfield Turner (Director of the CIA)
  • Gen. David Jones (Chairman of the Joint Chiefs of Staff)

Ronald Reagan Administration

There were 75 CFR and Trilateral Commission members under President Reagan:

  • Alexander Haig (Secretary of State)
  • George Shultz (Secretary of State)
  • Donald Regan (Secretary of Treasury)
  • William Casey (CIA Director)
  • Malcolm Baldridge (Secretary of Commerce)
  • Jeanne J. Kirkpatrick (U.N. Ambassador)
  • Frank C. Carlucci (Deputy Secretary of Defense)
  • William E. Brock (Special Trade Representative)

George H. W. Bush Administration

During his 1964 campaign for the U.S. Senate in Texas, George Bush said: “If Red China should be admitted to the U.N., then the U.N. is hopeless and we should withdraw.” In 1970, as Ambassador to the U.N., he pushed for Red China to be seated in the General Assembly. When Bush was elected, the CFR member became the first President to publicly mention the “New World Order” and had in his Administration nearly 350 CFR and Trilateral Commission members:

  • Brent Scowcroft (National Security Advisor)
  • Richard B. Cheney (Secretary of Defense)
  • Colin L. Powell (Chairman of the Joint Chiefs of Staff)
  • William Webster (Director of the CIA)
  • Richard Thornburgh (Attorney General)
  • Nicholas F. Brady (Secretary of Treasury)
  • Lawrence S. Eagleburger (Deputy Secretary of State)
  • Horace G. Dawson, Jr. (U.S. Information Agency and Director of the Office of Equal Opportunity and Civil Rights)
  • Alan Greenspan (Chairman of the Federal Reserve Board)

Bill Clinton Administration

When CFR member Bill Clinton was elected, Newsweek magazine would later refer to him as the “New Age President.” In October, 1993, Richard Harwood, a Washington Post writer, in describing the Clinton Administration, said its CFR membership was “the nearest thing we have to a ruling establishment in the United States”.

  • Albert Gore, Jr. (Vice-President)
  • Donna E. Shalala (Secretary of Health and Human Services)
  • Laura D. Tyson (Chairman of the Council of Economic Advisors)
  • Alice M. Rivlin (Deputy Director of the Office of Management and Budget)
  • Madeline K. Albright (U.S. Ambassador to the U.N.)
  • Warren Christopher (Secretary of State)
  • Clifton R. Wharton, Jr. (Deputy Secretary of State and former Chairman of the Rockefeller Foundation)
  • Les Aspin (Secretary of Defense)
  • Colin Powell (Chairman, Joint Chiefs of Staff)
  • W. Anthony Lake (National Security Advisor)
  • George Stephanopoulos (Senior Advisor)
  • Samuel R. ‘Sandy’ Berger (Deputy National Security Advisor)
  • R. James Woolsey (CIA Director)
  • William J. Crowe, Jr. (Chairman of the Foreign Intelligence Advisory Board)
  • Lloyd Bentsen (former member, Secretary of Treasury)
  • Roger C. Altman (Deputy Secretary of Treasury)
  • Henry G. Cisneros (Secretary of Housing and Urban Development)
  • Bruce Babbit (Secretary of the Interior)
  • Peter Tarnoff (Under Secretary of State for International Security of Affairs)
  • Winston Lord (Assistant Secretary of State for East Asian and Pacific Affairs)
  • Strobe Talbott (Aid Coordinator to the Commonwealth of Independent States)
  • Alan Greenspan (Chairman of the Federal Reserve System)
  • Walter Mondale (U.S. Ambassador to Japan)
  • Ronald H. Brown (Secretary of Commerce)
  • Franklin D. Raines (Economics and International Trade).

George W. Bush Administration

  • Richard Cheney (Vice President, former Secretary of Defense under President G.H.W. Bush)
  • Colin Powell (Secretary of State, former Chairman of the Joint Chiefs of Staff under Presidents Bush and Clinton)
  • Condoleeza Rice (National Security Advisor, former member of President Bush’s National Security Council)
  • Robert B. Zoellick (U.S. Trade Representative, former Under Secretary of State in the Bush administration)
  • Elaine Chao (Secretary of Labor)
  • Brent Scowcroft (Chairman of the Foreign Intelligence Advisory Board, former National Security Advisor to President Bush)
  • Richard Haass (Director of Policy Planning at the State Department and Ambassador at Large)
  • Henry Kissinger (Pentagon Defense Policy Board, former Secretary of State under Presidents Nixon and Ford)
  • Robert Blackwill (U.S. Ambassador to India, former member of President Bush’s National Security Council)
  • Stephen Friedman (Sr. White House Economic Advisor)
  • Stephen Hadley (Deputy National Security Advisor, former Assistant Secretary of Defense under Cheney)
  • Richard Perle (Chairman of Pentagon Defense Policy Board, former Assistant Secretary of Defense in the Reagan administration)
  • Paul Wolfowitz (Assistant Secretary of Defense, former Assistant Secretary of State in the Reagan administration and former Under Secretary of Defense in the Bush administration)
  • Dov S. Zakheim (Under Secretary of Defense, Comptroller, former Under Secretary of Defense in the Reagan administration)
  • I. Lewis Libby (Chief of Staff for the Vice President, former Deputy Under Secretary of Defense).

http://modernhistoryproject.org/mhp?Article=FinalWarning&C=5.3

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Ryan Nails Obama–Videos

Posted on August 31, 2012. Filed under: American History, Blogroll, Business, College, Communications, Economics, Education, Employment, Energy, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Investments, Law, liberty, Life, Links, media, Medicine, Narcissism, People, Philosophy, Politics, Psychology, Raves | Tags: , , , , , , , , , , , , , , , , |

Paul Ryan RNC Convention Speech: This is Ryan’s entire 2012 speech

Paul Ryan, the Republican Party’s Vice President candidate, attacked President Barack Obama’s record of 43 months of unemployment rates exceeding 8 percent with over 23 million Americans seeking a full-time job, Obamacare and adding over $5 trillion to the national debt, in his acceptance speech before the GOP National Convention in Tampa, Florida, late Wednesday evening, Aug. 29.

Ryan said, “Here we were, faced with a massive job crisis–so deep, that if everyone out of work stood in single file, that unemployment line would stretch the length of the entire American continent. You would think that any president, whatever his party, would make job creation, and nothing else, his first order of economic business. But this president didn’t do that.”

Ryan broadened and pressed his attack on the Obama record on job creation and Obamacare. Ryan said, “Instead, we got a long, divisive, all-or-nothing attempt to put the federal government in charge of health care. Obamacare comes to more than two thousand pages of rules, mandates, taxes, fees, and fines that have no place in a free country.”

Ryan body slammed Obama for raiding Medicare funding to pay for Obamacare.

Ryan said, “And the biggest, coldest power play of all in Obamacare came at the expense of the elderly. You see, even with all the hidden taxes to pay for the health care takeover, even with new taxes on nearly a million small businesses, the planners in Washington still didn’t have enough money. They needed more. They needed hundreds of billion more. So, they just took it all from Medicare. Seven hundred and sixteen billion dollars, funneled out of Medicare by President Obama.”

Ryan nailed Obama by pointing out that “back in 2008, candidate Obama called a $10 trillion national debt “unpatriotic”.” Ryan said, “Yet by his own decisions, President Obama had added more debt than any other president before him, and more than all the troubled governments in Europe combined. One president, one term, $5 trillion in new debt.”

Ryan finished off Obama’s debt record with these words:

    “So here we are, $16 trillion in debt and he still does nothing. In Europe, massive debts have put entire governments at risk of collapse, and still he does nothing. And all we have heard from this president and his team are attacks on anyone who dares to point out the obvious.”
Ryan spoke to the many millions of unemployed college graduates when he said:
    “College graduates should not have to live out their 20s in their childhood bedrooms, staring up at fading Obama posters and wondering when they can move out and get going with life. Everyone who feels stuck in the Obama economy is right to focus on the here and now. …You have not failed, your leaders have failed you.”
Ryan asked the key question early in his speech when he remarked, “Without a change in leadership, why would the next four years be any different from the last four years?”
This reminds me of the single debate between President Jimmy Carter and Ronald Reagan in late Oct. 1980. Ronald Reagan asked the American people to answer this question when they went to vote for the next president: “Are you better off than you were four years ago?” This one crucial question turned a very tight presidential race with the incumbent President Carter with a slight lead in the polls to a landslide victory for Ronald Reagan.

Ryan nailed Obama’s record. On election day in November, the American people will answer both Ryan’s and Reagan’s question.

Background Articles and Videos

Full Text: Paul Ryan’s Speech at the Republican National Convention

http://www.nationaljournal.com/2012-election/full-text-paul-ryan-s-speech-at-the-republican-national-convention-20120829?page=1

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American History–The Life and Presidency of Jimmy Carter–Videos

Posted on August 7, 2012. Filed under: American History, Blogroll, Business, College, Communications, Culture, Demographics, Economics, Education, Employment, Energy, Federal Government, Federal Government Budget, Fiscal Policy, government, government spending, history, Immigration, Investments, Language, Law, liberty, Life, Links, Macroeconomics, media, Natural Gas, Nuclear Power, Oil, People, Philosophy, Politics, Public Sector, Raves, Regulations, Religion, Security, Tax Policy, Taxes, Technology, Unions, Video, War, Wealth, Weapons, Wisdom | Tags: , , , |

Elected to the presidency in 1976 as an outsider who promised to transform the nation’s cynicism towards Beltway politics, Jimmy Carter served a tumultuous single term in the nation’s highest office. This “American Experience” program traces Carter’s fascinating political career from his modest beginnings in Plains, Georgia, to the deeply religious leader’s tenure as the 39th President of the United States.

Jimmy Carter {1 of 2}

Jimmy Carter {2 of 2}

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Obama’s Approval Rating On Economy Hits New Gallup Poll Low Of 26%–Republican Presidential Candidates Romney, Perry, Paul and Bachmann Attack Obama’s Job Creation Record–Videos

Posted on August 22, 2011. Filed under: Banking, Blogroll, Business, Communications, Demographics, Economics, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Inflation, Law, liberty, Life, Links, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Rants, Raves, Taxes, Unemployment, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , , , , , , , , , |

OBAMA´S APPROVAL RATING ON ECONOMY HITS LOW

Peter Schiff, John Lonski, Dennis Berman – on Inflation, Deflation & Recession

Mitt Romney Presidential Announcement

Obama Isn’t Working: Chicago

Obama Isn’t Working: Allentown, PA

Obama Isn’t Working: New Hampshire

Obama Isn’t Working: Where are the Jobs?

Gov. Rick Perry Blasts Obama’s Record on Jobs as an “Economic Disaster”

Rick Perry announces he will run for President (Part 1 of 2) — August 13, 2011

Rick Perry announces he will run for President (Part 2 of 2) — August 13, 2011

Ron Paul Ad – “The one who can beat Obama”

Ron Paul on America Live with Megyn Kelly

Ron Paul: Perry Makes Me Look Like a Moderate

 

Ron Paul – the Most Untalked About Top Tier Presidential Candidate

Ron Paul Ignored By The Media

Editor-in-Chief Insights: Intense Favorites

 

Face The Nation with B…: Michele Bachmann wins straw poll, lays out

Face The Nation with B…: GOP presidential race picks up the pace

Newt Gingrich Releases 2012 Presidential Candidacy Announcement Video

A new job’s plan

Obama Plans Major Jobs/Debt Speech

Obama’s jobs plan – What’s the holdup [CNN 8-18-2011]

Obama says new job creating plan on the way 8/17/2011

SR Allstars – August 17 – Part 1: Obama Jobs Plan?

SR Allstars – August 17 – Part 2: 2012, Perry, Ryan, Paul

Fox’s Andrew Napolitano Predicts Obama’s Jobs Plan Will Be A ‘Giveaway To Select Groups That He And

The Triumph of Human Freedom: THE PLAIN TRUTH by Judge Napolitano 8/18/11

 

Obama’s approval rating on economy hits new Gallup Poll low of 26 percent

Republican presidential candidates Romney, Perry, Paul and Bachmann attack Obama’s job creation record

By Raymond Thomas Pronk

In Feb. 2009 President Barack Obama’s Gallup Poll approval rating on the economy was at its highest at 59 percent and his disapproval rating was at its lowest of 30 percent. The official unemployment rate was 7.8 percent in Jan 2009. In Aug. 2011 Obama’s Gallup Poll approval rating on the economy was 26%, a new low, and his disapproval rating was 71%, a new high.  The July 2011 unemployment rate was 9.1%. The unemployment rate has been over 8% for the last 31 months. Obama’s overall job approval rating according to the Gallup’s daily three-day rolling average tracking poll of Aug. 11-13 dipped below 40 percent for the first time when it hit a new low of 39 percent. It fell again on Aug. 20 to 38 percent.

Unemployment Rate Percent from Jan. 2001-Aug. 2011

 

Source: Bureau of Labor Statistics, Department of Labor

In the Rasmussen Reports daily Presidential Tracking Poll for Aug. 23, 2011 President Obama also hit a new low on the Presidential Approval Index of -26 with 45 percent strongly disapproving and 19 percent strongly approving. Rasmussen Reports on Aug. 23, 2011 that among likely voters Obama is at 39 percent and Paul at 38 percent. In a matchup between Obama and a generic Republican candidate among likely voters, Obama is at 43 percent and the generic Republican at 48 percent.

The Misery Index is an economic indicator that is the sum of the unemployment and inflation rates. When President Obama entered office, his Misery Index stood at 7.73 percent. Today it is over 12.7 percent. Obama’s average Misery index is 10.52 which is greater than George W. Bush’s average Misery Index of 8.11 and Bill Clinton’s average misery index of 7.8 percent.

Should the U.S. economy enter another recession, the unemployment rate will most likely again exceed 10 percent. Obama’s approval rating on the economy will most likely fall even lower and his Misery Index will be even higher. However, it is unlikely that Obama’s Misery Index will beat President Jimmy Carter’s June 1980 record Misery Index of 21.98. Ronald Reagan beat Jimmy Carter in the 1980 presidential election with 489 electoral votes and 43,903,230 popular votes to Jimmy Carter’s 49 electoral votes and 35,480,115 popular votes—a landslide Republican victory over an incumbent Democratic president.

Jobs and the economy will be the number one political issue in the 2012 Presidential election. The leading Republican candidates, former Massachusetts’s Governor Mitt Romney, Texas Governor Rick Perry, Texas Congressman Ron Paul and Minnesotan Congresswoman Michele Bachmann have been very critical of President Obama’s performance in terms of job creation and the growth in the economy measured by the Gross Domestic Product.

A television attack ad paid for by Romney ends with the tagline, “Obama isn’t working”, with a photo of an unemployment office with a long twisting line of Americans looking for jobs. This is one of a series of one minute attacks ads where the phrase, “Obama isn’t working” is repeated and the employment situation prior to the Obama administration is compared with the employment situation today in a particular city or state. Another attack ad in the series is directed at college students and begins with Obama promising students at the University of Maryland a better future in 2009 and ends with the questions, “Where is the opportunity? Where are the jobs?”

Perry recently entered the presidential race and does not have any Obama attack ads to date. However, Perry in a recent speech to the South Carolina GOP blasted Obama’s record on job creation comparing it to his record on job creation in Texas. Perry stated “The fact is one in six work eligible Americans cannot find a full time job. That is not a recovery, it is an economic disaster.” Perry continued that “we tried for two and half years government trying to create jobs. It is time for the private sector to be given the chance to create jobs.” Perry is proud of his job creation record in Texas and pointed out that “since June of 2009 my home state has created 40 percent of all new jobs created in America.”

Paul has a one minute TV attack ad which asserts that he was the one “voting against every tax increase, every unbalanced budget, every time, standing up to the Washington machine, guiding by principle, Ron Paul who will stop the spending, save the dollar, create jobs, bring peace, the one who will restore liberty. Ron Paul the one who can beat Obama and restore America now.”

Bachmann in an interview on Face the Nation emphasized that she is the chief author of two bills that would repeal Obamacare (the Patient Protection and Affordable Care Act) and the Dodd–Frank Wall Street Reform and Consumer Protection Act. Companies are telling her “that those bills are leading them not to be able to create jobs.” Bachmann also favors “repeal of the existing tax code in its current form, it is 3.8 million words”; “we need a tax code that is job friendly, this is not a job friendly tax code. When you have one of the highest corporate tax rates in the world at 34 percent that is not going to incentivize people to start new businesses.”

President Obama announced that he will release his new jobs plan after Labor Day. He said “I will be putting forward when they come back in September a very specific plan to boost the economy, to create jobs, and control our deficit.” Two of the specifics of Obama’s plan that have leaked to the press include an extension of unemployment benefits and extension of the payroll tax cut. The Romney and Paul ads, Perry speech, Bachmann interview and Obama announcement can be viewed in their entirety on YouTube.com with links to them on www.pronkpops.wordpress.com .

In a recent Gallup Poll released on Aug. 22, President Obama is running neck and neck with the top four Republican candidates. Romney leads Obama 48 percent to 46 percent. Perry and Obama are tied in the poll at 47 percent each. Obama leads Republican candidates Paul, 47 percent to 45 percent and Bachmann, 48 percent to 44 percent.

Among independents Romney and Paul lead Obama by 3 percent and Perry leads Obama by 2 percent. Obama beats Bachmann by 6 percent among independents. The Gallup Poll was conducted on Aug. 16 and 17  and has a margin of error of 3.3 percent. For the American people, jobs and the economy are the leading issues of the 2012 presidential election.

[Raymond Thomas Pronk is host of the Pronk Pops Show on KDUX web radio from 3-5 p.m. Wednesday and author of the companion www.pronkpops.wordpress.com blog with links to online videos and articles and past radio show podcasts and downloads—Give It A Listen!]

Background Articles and Videos

Gallup poll: GOP contenders neck-and-neck with Obama

Republicans line up behind candidates to a greater extent than Dems behind president

By Steven Shepard

“…The poll, conducted last week as Obama’s approval rating cratered around 40 percent, shows Obama leading Rep. Michele Bachmann, R-Minn., 48 to 44 percent, and Rep. Ron Paul, R-Tex., 47 to 45 percent.

Texas Gov. Rick Perry ties the president at 47 percent each, and former Massachusetts Gov. Mitt Romney leads Obama, 48 to 46 percent.

At this early stage of the campaign, Republicans are largely lined up behind their candidates to a greater extent than Democrats are behind the incumbent president.

Republicans are firmly behind Perry (92 percent) and Romney (91 percent). Bachmann (86 percent) and Paul (82 percent) perform slightly worse among members of their own party. …”

“…Independents are split: Romney and Paul lead among that group by three points, Perry by two, but Obama leads Bachmann among independents by six points. …”

http://www.msnbc.msn.com/id/44235036/ns/politics-decision_2012/t/gallup-poll-gop-contenders-neck-and-neck-obama/

Gallup Daily: Obama Job Approval

Each result is based on a three-day rolling average

http://www.gallup.com/poll/113980/Gallup-Daily-Obama-Job-Approval.aspx

Rasmussen Reports

Daily Presidential Tracking Poll

Tuesday, August 23, 2011

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“…The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 19% of the nation’s voters Strongly Approve of the way that Barack Obama is performing his role as president. Forty-five percent (45%) Strongly Disapprove, giving Obama a Presidential Approval Index rating of -26 (see trends).

This is the lowest Approval Index rating yet measured for President Obama. The previous low was -24 reached yesterday and also in September 2010. Additionally, the level of Strong Approval matches the lowest yet recorded. By way of comparison, President Bush had ratings near the end of his second term in the minus 30s.  …”

http://www.rasmussenreports.com/public_content/politics/obama_administration/daily_presidential_tracking_poll

Obama 39%, Paul 38%
“…The president and the maverick are running almost dead even in a hypothetical 2012 election matchup.Texas Republican Congressman Ron Paul earns 38% of the vote to President Obama’s 39% in the latest Rasmussen Reports national telephone survey of Likely U.S. Voters. Fourteen percent (14%) like some other candidate, and eight percent (8%) remain undecided. (To see survey question wording, click here.)

Just a month ago, Obama posted a 41% to 37% lead over Paul, who ran second to Minnesota Congresswoman Michele Bachmann in the recent high-profile Ames Straw Poll in Iowa.

Paul, whose long run afoul of the GOP establishment with his libertarian policy prescriptions, picks up 61% of the Republican vote, while 78% of Democrats fall in behind the president. Voters not affiliated with either of the major political parties prefer the longtime congressman by 10 points – 43% to 33%. …”

http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/obama_39_paul_38

Election 2012: Generic Presidential Ballot
Election 2012: Generic Republican 48%, Obama 43%
“… A generic Republican candidate now holds a five-point advantage over President Obama in a hypothetical 2012 election match-up for the week ending Sunday, August 21. The latest Rasmussen Reports national telephone survey of Likely U.S. Voters finds the generic Republican earning 48% of the vote, while the president picks up support from 43%.  Two percent (2%) prefer some other candidate, and seven percent (7%) are undecided. ,,,”

The US Misery Index
January 1948 to July 2011

Misery Index = Unemployment rate + Inflation rate

http://www.miseryindex.us/customindexbymonth.asp

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Ronald Reagan Kicks Off His Presidential Campagin At Liberty State Park On Labor Day, September 1, 1980–Videos

Posted on June 21, 2011. Filed under: Banking, Blogroll, Business, Communications, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, history, Inflation, Investments, Language, Law, liberty, Life, Links, media, Microeconomics, Monetary Policy, Money, People, Philosophy, Politics, Raves, Unemployment, Video, War, Wealth | Tags: , , , , , , , , , , , |

Ronald Reagan – Liberty State Park [Pt. 1] –Videos

President Ronald Reagan kicks off his presidential campaign with a Labor Day speech at Liberty State Park, Jersey City, New Jersey. Delivered 1 September 1980.

 

Ronald Reagan – Liberty State Park [Pt. 2]

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Obama’s Oil Spill Speech–Deja Vu–Jimmy Carter Crisis of Confidence Speech July 15, 1979 aka The Malaise Speech–Videos

Posted on June 16, 2010. Filed under: Blogroll, Communications, Economics, Education, Employment, Energy, Federal Government, Fiscal Policy, government spending, history, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Resources, Science, Security, Strategy, Taxes, Technology, Transportation, Video, War, Wisdom | Tags: , , , , |

Jimmy Carter Crisis of Confidence speech 1 of 4 July 15, 1979 aka Malaise Speech

Jimmy Carter Crisis of Confidence speech 2 of 4 July 15, 1979 aka Malaise Speech

Jimmy Carter Crisis of Confidence speech 3 of 4 July 15, 1979 aka Malaise Speech

Jimmy Carter Crisis of Confidence speech 4 of 4 July 15, 1979 aka Malaise Speech

Related Posts On Pronk Palisades

Obama’s Oil Spill Speech: The Crisis Creator Is Not A Crisis Manager–Obama’s Plan For More Government Intervention Into The Economy Will Destroy Even More Jobs and Wealth–Stop Spreading Socialist Sludge!

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Memo To Radio Talk and TV Show Hosts–Limbaugh,Hannity, Beck,–Countdown Clock To Regime Change–Less Than 1000 Days Until President Obama Leaves Office–Going, Going, Gone–Change You Can Believe In

Posted on April 26, 2010. Filed under: Blogroll, Communications, Culture, Economics, Employment, Federal Government, Fiscal Policy, government, government spending, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Resources, Security, Talk Radio, Taxes, Video, War, Wisdom | Tags: , , , , , , , , |

The American people need hope.

Display a countdown clock of the number of days until regime change.

 

“24” Themed Countdown Clock (1 Minute)

 

http://www.obamacountdownwidget.com/

http://www.obamaclock.org/

 

Let Freedom Ring

I Have Dream–Free At Last. Free At Last, God Almighty Free At Last

 

Background Articles and Videos

The Made-for-TV Election 1980 (1986) segment XIV B 

World News Tonight Jan 20, 1981 Reagan Inauguration Part 2

 

 

Iranian hostages arrive in Germany Jan 21, 1981 Part 1

Ronald Reagan TV Ad: “Foreign Policy”

Iranian hostages arrive in Germany Jan 21, 1981 Part 2

Ronald Reagan TV Ad: “Train”

Ronald Reagan TV Ad: “Its morning in america again”

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Milton Friedman–Free To Choose–On Donahue –Videos

Posted on February 9, 2010. Filed under: Blogroll, Economics, Employment, Federal Government, Fiscal Policy, government, government spending, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Resources, Video, Wisdom | Tags: , , , , , |

 

“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible. “

“There’s no such thing as a free lunch. “

~Milton Friedman

Milton Friedman on Donahue 1980 (1/5)

Milton Friedman on Donahue 1980 (2/5)

Milton Friedman on Donahue 1980 (3/5)

Milton Friedman on Donahue 1980 (4/5)

Milton Friedman on Donahue 1980 (5/5)

“History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition. “

“The government solution to a problem is usually as bad as the problem.”

~Milton Friedman

 

Background Articles and Videos

Milton Friedman

“…Milton Friedman (July 31, 1912  – November 16, 2006) was an American economist, statistician, and a recipient of the Nobel Memorial Prize in Economics. He is best known among scholars for his theoretical and empirical research, especially consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.[1] He was an economic advisor to U.S. President Ronald Reagan. Over time, many governments practiced his restatement of a political philosophy that extolled the virtues of a free market economic system with little intervention by government. As a professor of the Chicago School of Economics, based at the University of Chicago, he had great influence in determining the research agenda of the entire profession. Friedman’s many monographs, books, scholarly articles, papers, magazine columns, television programs, videos and lectures cover a broad range of topics of microeconomics, macroeconomics, economic history, and public policy issues. The Economist magazine praised him as “the most influential economist of the second half of the 20th century…possibly of all of it”.[2]

Originally a Keynesian supporter of the New Deal and advocate of government intervention in the economy, during the 1950s his reinterpretation of the Keynesian consumption function challenged the basic Keynesian model. At the University of Chicago, Friedman became the main advocate for opposing Keynesianism.[3] During the 1960s he promoted an alternative macroeconomic policy known as “monetarism”. He theorized there existed a “natural rate of unemployment” and he argued the central government could not micromanage the economy because people would realize what the government was doing and change their behavior to neutralize such policies. He rejected the Phillips Curve and predicted that Keynesian policies then existing would cause “stagflation” (high inflation and minimal growth).[4] Friedman’s claim that monetary policy could have prevented the Great Depression was an attempt to refute the analysis of Keynes, who argued that monetary policy is ineffective during depression conditions and that fiscal policy — large-scale deficit spending by the government — is needed to decrease mass unemployment. Though opposed to the existence of the Federal Reserve, Friedman argued that, given that it does exist, a steady expansion of the money supply was the only wise policy, and he warned against efforts by a treasury or central bank to do otherwise.

Influenced by his close friend George Stigler, Friedman opposed government regulation of many types. He once stated that his role in eliminating U.S. conscription was his proudest accomplishment, and his support for school choice led him to found The Friedman Foundation for Educational Choice. Friedman’s political philosophy, which he considered classically liberal and libertarian, emphasized the advantages of free market economics and the disadvantages of government intervention and regulation, strongly influencing the opinions of American conservatives and libertarians. In his 1962 book Capitalism and Freedom, Friedman advocated policies such as a volunteer military, freely floating exchange rates, abolition of licensing of doctors, a negative income tax, and education vouchers.[5] His books and essays were well read and were even circulated illegally in Communist countries.[6][7]

Friedman’s methodological innovations held wide acceptance among economists, but some considered his policy prescriptions controversial. Most economists during the 1960s rejected them, but since then they have had an increasing international influence (especially in the USA and Britain). Some of his laissez-faire ideas concerning monetary policy, taxation, privatization and deregulation were used by governments,[8] especially during the 1980s. His monetary theory has had a large influence on economists such as Ben Bernanke and the Federal Reserve’s response to the financial crisis of 2007-2010.[9][10]

…”

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

Free To Choose

“…Free to Choose: A Personal Statement maintains that the free market works best for all member of a society, claims to provide examples of how the market works, and maintains that it can solve problems where other approaches have failed. Published in January 1980, the 297 page book contains 10 chapters dealing with issues such as:

  • The misuse of Federal Reserve powers during the Great Depression,
  • The decline of personal freedoms, and
  • Government spending and economic controls.

Milton Friedman won the Nobel Memorial Prize in Economics in 1976. Contrary to normal practice the book was written after the TV series was produced, although the line “Basis for the acclaimed public television triumph” is written on the front cover, using the program transcripts as reference. The book was on the United States best sellers list for 5 weeks.

PBS telecast the series, beginning in January 1980; the general format was that of Dr. Friedman visiting and narrating a number of success and failure stories in history, which Dr. Friedman attributes to capitalism or the lack thereof (e.g. Hong Kong is commended for its free markets, while India is excoriated for relying on centralized planning especially for its protection of its traditional textile industry). Following the primary show, Dr. Friedman would engage in discussion with a number of selected persons, such as Donald Rumsfeld (then of G.D. Searle & Company).

The series was rebroadcast in 1990 with Linda Chavez moderating the episodes. Arnold Schwarzenegger, Ronald Reagan, Steve Allen and others give personal introductions for each episode in the series. This time, after the documentary part, Friedman sits down with a single opponent to debate the issues raised in the episode.

The Friedmans advocate laissez faire economic policies, often criticizing interventionist government policies and their cost in personal freedoms and economic efficiency in the United States and abroad. Areas of focus include government taxation on gas and tobacco, government regulation of the public school systems, and the Federal Reserve’s role in exacerbating the Great Depression by reducing the money supply in the years leading up to it. On the subject of welfare, the Friedmans argue that current welfare practices are creating “wards of the state”, as opposed to “self-reliant individuals”, and suggest a negative income tax as a less harmful alternative. Other ideas covered are: decriminalization of drugs, tighter control of Fed money supply, and the repeal of laws favoring labor unions …”

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

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Collectivism: Socialism, Communism, Progressivism and Fascism

The Battle For The World Economy–Videos

Walter Block–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

G. William Domhoff: Who Runs America–Videos

Jonah Goldberg–Liberal Fascism–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

G. Edward Griffin- On Individualism vs. Collectivism–Videos

Mark Levin–Liberty and Tyranny: A Conservative Manifesto–Videos

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Today’s Progressives–Obama’s Radical Socialist Democratic Party

The Racist Test for Judge Sonya Sotomayor and President Obama–Racism Unmasked!

Calling and Raising The Stakes for Race Card Players–Obama and Sotomayor

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

George Soros: Barack Obama’s Money Man and Agenda Puppeter 

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Progressives

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted Felon Richard Creamer!

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

The Obama Depression: Lessons Learned–Deja Vu!

Lord Christopher Monckton–Climate Change–Treaty–Videos

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Battle For The World Economy–Videos

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

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

American Progressive Liberal Fascism–The Wave of The Future Or Back To Past Mistakes?

Today’s Progressives–Obama’s Radical Socialist Democratic Party

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

The Progressive Radical Socialist Family Tree–ACORN & AmeriCorps–Time To Chop It Down

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs 

Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Yaron Brook–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

David Gordon–Five Best Books on the Current Crisis–Video

David Gordon–The Confused Literature of Globalization–Videos

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Jörg Guido Hülsmann–The Ethics of Money Production–Videos

Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Milton Friedman–Debate In Iceland–Videos

Israel Kirzner–On Entrepreneurship–Vidoes

Liberal Fascism–Jonah Goldberg–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Murray Rothbard–Videos

Murray Rothbard–Libertarianism–Video

Rothbard On Keynes–Videos

Murray Rothbard– What Has Government Done to Our Money?–Videos

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

Amity Shlaes–Videos

Julian Simon–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas Sowell On The Housing Boom and Bust–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

Tom Woods–Lectures On Liberty–Videos

Tom Woods–Smashing Myths and Restoring Sound Money–Videos

Tom Wright On The FairTax–Videos

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

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President Barack Obama Beats It–President Franklin Roosevelt Record–Worse Unemployment Numbers Since 1933–14,700,000 Unemployed Americans Greater than 13,000,000 in 1933!

Posted on July 2, 2009. Filed under: Blogroll, Communications, Economics, Education, Employment, Investments, Life, Links, Music, People, Philosophy, Politics, Rants, Raves, Regulations, Security, Talk Radio, Taxes, Video, Wisdom | Tags: , , , , , , , , , , , , , , , , |

obama_stink_eye

Beat It

 

http://www.youtube.com/watch?v=Uqxo1SKB0z8

 

UPDATED

 

Unemployment Numbers Higher Than Published.

 

Unemployment Skyrockets to 9.5 Percent

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

 

Economic Expectations – Unemployment Rate May Reach 15% – Bloomberg

 

VP Joe Biden: Sorry America but “we misread how bad the economy was”

Labor Force Statistics from the Current Population Survey

 

Series Id:           LNS13000000
Seasonal 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
1999 5976 6111 5783 6004 5796 5951 6025 5838 5915 5778 5716 5653  
2000 5708 5858 5733 5481 5758 5651 5747 5853 5625 5534 5639 5634  
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 7759 7972 7740 7683 7672 7551 7415 7360 7570 7457 7541 7219  
2006 7020 7176 7080 7142 7028 7039 7167 7118 6874 6738 6837 6688  
2007 7029 6887 6737 6874 6844 7028 7128 7123 7221 7295 7212 7541  
2008 7555 7423 7820 7675 8536 8662 8910 9550 9592 10221 10476 11108  
2009 11616 12467 13161 13724 14511 14729              

 

Series Id:           LNS14000000
Seasonal Adjusted
Series title:        (Seas) Unemployment Rate
Labor force status:  Unemployment rate
Type of data:        Percent
Age:                 16 years and over
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual
1999 4.3 4.4 4.2 4.3 4.2 4.3 4.3 4.2 4.2 4.1 4.1 4.0  
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 5.2 5.4 5.2 5.2 5.1 5.1 5.0 4.9 5.0 5.0 5.0 4.8  
2006 4.7 4.8 4.7 4.7 4.7 4.6 4.7 4.7 4.5 4.4 4.5 4.4  
2007 4.6 4.5 4.4 4.5 4.5 4.6 4.7 4.7 4.7 4.8 4.7 4.9  
2008 4.9 4.8 5.1 5.0 5.5 5.6 5.8 6.2 6.2 6.6 6.8 7.2  
2009 7.6 8.1 8.5 8.9 9.4 9.5  

 

“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government. “

~Thomas Jefferson
 

AP Interview: Obama on the Economy

 

In-Depth Look – Jobless Claims – Bloomberg

 

Unemployment Will Rise – Bloomberg

 

Two Guys in a Newsroom (July 2, 2009)

 

The US Government’s Bureau of Labor Statistics publishes several measures of the unemployment rates.

U-3 Total unemployed, as a percent of the civilian labor force is the rate most often cited on newscasts and articles.

In June the U-3 unemployment rate hit 9.5% with the total civialian labor force of about 155 million.

This means that there were about 14,700,000 unemployed Americans in June.

Unfortunately, U-3 actually understates the number of unemployed and those seeking a full time job.

A more meaningful number is U-6 for it includes the so-called marginally attached workers and those working part-time that want a full time job.

U-6 Total unemployed, plus all marginally attached workers and total employed part time for economic reason as a percent of the labor force hit 16.5%

This means that there were over 25 million Americans seeking a full time job from the total civilian labor force of just under 155 million.

This means that there are now over 12,000,000  more Americans seeking full time jobs that the worst year of The Great Depression, 1933, when there were about 13 million Americans unemployed.

Looks like President Obama will soon almost double FDR’s record of  13 million with over 26 million unemployed measured by the U-6.

Expect the number of uemployed measured by U-3 to exceed 15,000,000 in July with an unemployment rate at or near 10%.

I fully expect the U-3 unemployment rate to hit 13% by December  and the U-6 unemployment rate to go over 20%.

The recession will last at least another year based on the failed economic polices of President Obama.

President Obama–the Green President–will have a record of total failure surpassed only by President Franklin D. Roosevelt.

President Obama now owns the recession, soon to become a Depression when it should be rightfully named the Obama Depression or OD for short.

This will be shortly followed by rising inflation or price levels that should start by late 2010  or early 2011 at the latest.

The time is now to stop the failed irresponsible fiscal economic policies of  massive Government  spending and deficits to stimulate the economy.

President Obama’s economic policies are resulting in ten of millions of Americans being unemployed for a much longer time due to massive Government intervention into the economy that does not inspire business and consumer cofidence but fear of runnaway spending, taxes and inflation.

These policies did not work in Japan in the 1990s, Great Britain in the 1970s and the United States during the 1920s during the Great Depression.

 

Turning Japanese – Is the US Creating Its Own Lost Decade?

 

Milton Friedman explains role of gold in Great Depression

 

President Obama  has also proposed largest “hidden” tax increase in the history of the United States in a middle of a recession–the Cap and Trade Energy Tax that would wreck the US economy, destroy even more jobs and kill the American dream.

Time To Sound The Alarm: Call Your Representative and Senators–Cap and Trade Bill to be Voted in U.S. House on Friday–Kill The Cap and Trade Energy Tax Today! UPDATED

Only fools and Green Presidents do not learn from the mistakes of others.

The American people do not suffer fools and Presidents gladly when Presidential economic policies and Congressional laws are hurting their families, friends and community.

History will once again repeat itself when President Obama like Presidents  Herbert Hoover and Jimmy Carter before him becomes a one-term President for ignoring the will of the people.

Thank God for small miracles and the opportunity to vote out of office both Democrats and Republicans that voted for the massive bailouts, stimulus bills, and the largest tax increase in US history the Cap and Trade Energy tax. 

Our Economic Crisis — History Repeated?

 

federal_spending

 Stop Spending Our Future – The Crisis

 

Stop The Spending and Deficits

US Federal Government Deficits

defcits

 

Join the Second American Revolution

we_the_people

 

The Meaning of Independence Day

 

All Americans, especially those that are currently unemployed, are invited to attend an Ice Tea Party this Saturday to Celebrate Independence Day!

 

tea_parties

AFA Registered TEA Parties on July 4 now in 1425 Cities!

 

“The America’s Independence Day Tea Party Movement is a nationwide demonstration forum for any and all groups and individuals dissatisfied with the current governance of the United States, regardless of ideology, partisan identity, or political affiliation. On July 4th, 2009, we are asking Americans everywhere to re-declare our inalienable rights to Life, Liberty, and the Pursuit of Happiness.” 

 

Tea Party Movement

 

Find An Indpendence Day Tea Party Nearest You

http://www.teapartyday.com/Locations.aspx

http://www.reteaparty.com/teaparties/

 

The American People Celebrate Independence Day–Saturday, July 4, 2009–By Marching in 1000 Cities and Towns and Attending Ice Tea Parties To Freeze Federal Government Spending, Taxes and Deficits–30 Million Expected Nationally–1 Million In Washington D.C.!

 

The long countdown to launch continues–all cities are ready to go–no holds expected–1 day and counting…get ready for the  relaunch of the Second American Revolution:

 

Liberty Launch Countdown to The Celebration of Independence Day–Saturday, July 4, 2009–Ice Tea Party Time To Freeze Government Expenditures, Deficits, Debts and Taxes–Expect 30 Million Nationally in 1,000 Cities and Towns and 1 Million in Washington D.C.!

 

 Tea Party, Fourth of July, Washington DC

http://teapartywdc.ning.com/events/tea-party-fourth-of-july

http://teapartywdc.ning.com/

 

Independence Day Tea Party, Lansing, Michigan, 2009

 

Tea Party Patriots Invite Janeane Garofalo for America’s Tea Party on July 4, 2009!

 

Katrina Pierson – Dallas Tea Party – April 15, 2009

 

Independence Day Tea Party July 4th, 2009 @ White River State Park

 

We Will Rock You 

 

“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them. “

~Thomas Jefferson

 

Background Articles and Videos

Find an Independence Day Tea Party

By Michelle Malkin 

“…If you’re looking to celebrate Independence Day with other freedom-loving, limited-government activists, go to Tea Party Patriots for a list of more than 600 Tea Parties scheduled this weekend and beyond.

I will be at the Dallas Tea Party at Southfork Ranch on Saturday for a huge shindig. More info here. …”

http://michellemalkin.com/2009/07/02/find-an-independence-day-tea-party/

 

THE EMPLOYMENT SITUATION:  JUNE 2009
                                  
   Nonfarm payroll employment continued to decline in June (-467,000),
and the unemployment rate was little changed at 9.5 percent, the Bureau
of Labor Statistics of the U.S. Department of Labor reported today. 
Job losses were widespread across the major industry sectors, with
large declines occurring in manufacturing, professional and business
services, and construction.

Unemployment (Household Survey Data)

   The number of unemployed persons (14.7 million) and the unemployment
rate (9.5 percent) were little changed in June.  Since the start of the
recession in December 2007, the number of unemployed persons has increas-
ed by 7.2 million, and the unemployment rate has risen by 4.6 percentage
points.  (See table A-1.)
  
   In June, unemployment rates for the major worker groups–adult men
(10.0 percent), adult women (7.6 percent), teenagers (24.0 percent),
whites (8.7 percent), blacks (14.7 percent), and Hispanics (12.2 per-
cent)–showed little change.  The unemployment rate for Asians was
8.2 percent, not seasonally adjusted.  (See tables A-1, A-2, and A-3.)
  
   Among the unemployed, the number of job losers and persons who com-
pleted temporary jobs (9.6 million) was little changed in June after
increasing by an average of 615,000 per month during the first 5 months
of this year.  (See table A-8.)
  
   The number of long-term unemployed (those jobless for 27 weeks or
more) increased by 433,000 over the month to 4.4 million.  In June, 3
in 10 unemployed persons were jobless for 27 weeks or more.  (See
table A-9.)

Table A-12. Alternative measures of labor underutilization

(Percent)

Not seasonally adjusted Seasonally adjusted

Measure

June May June June Feb. Mar. Apr. May June
2008 2009 2009 2008 2009 2009 2009 2009 2009

U-1 Persons unemployed 15 weeks or longer, as a percent
of the civilian labor force………………….. 1.8 4.6 4.8 1.9 3.4 3.7 4.0 4.5 5.1

U-2 Job losers and persons who completed temporary
jobs, as a percent of the civilian labor force…. 2.7 5.8 5.9 2.9 5.0 5.4 5.7 6.2 6.2

U-3 Total unemployed, as a percent of the civilian
labor force (official unemployment rate)………. 5.7 9.1 9.7 5.6 8.1 8.5 8.9 9.4 9.5

U-4 Total unemployed plus discouraged workers, as a
percent of the civilian labor force plus
discouraged workers…………………………. 6.0 9.5 10.1 5.9 8.5 8.9 9.3 9.8 10.0

U-5 Total unemployed, plus discouraged workers, plus
all other marginally attached workers, as a
percent of the civilian labor force plus all
marginally attached workers………………….. 6.7 10.3 10.9 6.6 9.3 9.8 10.1 10.6 10.8

U-6 Total unemployed, plus all marginally attached
workers, plus total employed part time for
economic reasons, as a percent of the civilian
labor force plus all marginally attached workers.. 10.3 15.9 16.8 10.1 14.8 15.6 15.8 16.4 16.5

NOTE: Marginally attached workers are persons 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 recent past. Discouraged workers, a subset of the marginally attached,
have given a job-market related reason for not looking currently for a job. 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. For more information, see “BLS
introduces new range of alternative unemployment measures,” in the October 1995 issue of the Monthly Labor Review. Updated population
controls are introduced annually with the release of January data.

http://www.bls.gov/news.release/empsit.t12.htm

Labor Force Statistics from the Current Population Survey

 

Series Id:           LNS11000000
Seasonal 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
1999 139003 138967 138730 138959 139107 139329 139439 139430 139622 139771 140025 140177  
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 148005(1) 148349 148366 148926 149273 149262 149445 149794 149977 150007 150095 150002  
2006 150148(1) 150600 150793 150906 151120 151398 151414 151762 151680 152027 152425 152677  
2007 153012(1) 152879 153004 152522 152759 153085 153101 152855 153424 153162 153877 153836  
2008 153873(1) 153498 153843 153932 154510 154400 154506 154823 154621 154878 154620 154447  
2009 153716(1) 154214 154048 154731 155081 154926              
1 : Data affected by changes in population controls.
Labor Force Statistics from the Current Population Survey

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

Series Id:           LNS12000000
Seasonal 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
1999 133027 132856 132947 132955 133311 133378 133414 133591 133707 133993 134309 134523  
2000 136559(1) 136598 136701 137270 136630 136940 136531 136662 136893 137088 137322 137614  
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 140246(1) 140377 140626 141243 141600 141711 142029 142434 142407 142551 142555 142783  
2006 143129(1) 143424 143713 143763 144092 144358 144247 144644 144806 145289 145587 145989  
2007 145983(1) 145992 146267 145647 145915 146057 145972 145732 146203 145867 146665 146294  
2008 146317(1) 146075 146023 146257 145974 145738 145596 145273 145029 144657 144144 143338  
2009 142099(1) 141748 140887 141007 140570 140196              
1 : Data affected by changes in population controls.

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

 

Seasonal 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
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
1999 7.7 7.7 7.6 7.6 7.4 7.5 7.5 7.3 7.4 7.2 7.1 7.1  
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 9.2 9.0 8.9 9.0 8.8 8.9 9.0 8.7 8.7 8.5  
2006 8.4 8.5 8.2 8.1 8.2 8.4 8.5 8.4 8.0 8.2 8.0 7.9  
2007 8.3 8.1 8.0 8.2 8.3 8.3 8.3 8.5 8.4 8.5 8.4 8.7  
2008 9.0 9.0 9.1 9.2 9.8 10.1 10.4 10.9 11.2 12.0 12.6 13.5  
2009 13.9 14.8 15.6 15.8 16.4 16.5              

 

Measures of labor underutilization from the Current Population Survey

Working Paper 424,  March 2009

Steven E. Haugen, U.S. Bureau of Labor Statistics

“…It is estimated that in 1933, at the depth of the Great Depression, about 13 million
persons in the U.S. were unemployed, which translates into an unemployment rate of
about 25 percent.1 However, those estimates were not available at the time. Throughout
the Great Depression, there was little information on the extent of unemployment in the
country. More important, there was no good way to assess whether the situation was
getting better or worse. The wealth of timely statistical information on the labor market
that we now take for granted simply didn’t exist.”  …”

http://www.bls.gov/osmr/pdf/ec090020.pdf

 

Great Depression
by Gene Smiley

“…A worldwide depression struck countries with market economies at the end of the 1920s. Although the Great Depression was relatively mild in some countries, it was severe in others, particularly in the United States, where, at its nadir in 1933, 25 percent of all workers and 37 percent of all nonfarm workers were completely out of work. Some people starved; many others lost their farms and homes. Homeless vagabonds sneaked aboard the freight trains that crossed the nation. Dispossessed cotton farmers, the “Okies,” stuffed their possessions into dilapidated Model Ts and migrated to California in the false hope that the posters about plentiful jobs were true. Although the U.S. economy began to recover in the second quarter of 1933, the recovery largely stalled for most of 1934 and 1935. A more vigorous recovery commenced in late 1935 and continued into 1937, when a new depression occurred. The American economy had yet to fully recover from the Great Depression when the United States was drawn into World War II in December 1941. Because of this agonizingly slow recovery, the entire decade of the 1930s in the United States is often referred to as the Great Depression. …”

“…It is commonly argued that World War II provided the stimulus that brought the American economy out of the Great Depression. The number of unemployed workers declined by 7,050,000 between 1940 and 1943, but the number in military service rose by 8,590,000. The reduction in unemployment can be explained by the draft, not by the economic recovery. The rise in real GNP presents similar problems. Most estimates show declines in real consumption spending, which means that consumers were worse off during the war. Business investment fell during the war. Government spending on the war effort exceeded the expansion in real GNP. These figures are suspect, however, because we know that government estimates of the value of munitions spending, to name one major area, were increasingly exaggerated as the war progressed. In fact, the extensive price controls, rationing, and government control of production render data on GNP, consumption, investment, and the price level less meaningful. How can we establish a consistent price index when government mandates eliminated the production of most consumer durable goods? What does the price of, say, gasoline mean when it is arbitrarily held at a low level and gasoline purchases are rationed to address the shortage created by the price controls? What does the price of new tires mean when no new tires are produced for consumers? For consumers, the recovery came with the war’s end, when they could again buy products that were unavailable during the war and unaffordable during the 1930s. …”

http://www.econlib.org/library/Enc/GreatDepression.html

 

Bureau of Labor Statistics

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

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

 

The Great De[ression

The Great Depression was a worldwide economic downturn starting in most places in 1929 and ending at different times in the 1930s or early 1940s for different countries.[2] It was the largest and most important economic depression in the 20th century, and is used in the 21st century as an example of how far the world’s economy can fall.[3] The Great Depression originated in the United States; historians most often use as a starting date the stock market crash on October 29, 1929, known as Black Tuesday.

The depression had devastating effects in virtually every country, rich or poor. International trade plunged by half to two-thirds, as did personal income, tax revenue, prices and profits. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by roughly 60 percent.[4][5][6] Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as farming, mining and logging suffered the most.[7] However, even shortly after the Wall Street Crash of 1929, optimism persisted; John D. Rockefeller said that “These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.”[8]

The Great Depression ended at different times in different countries; for subsequent history see Home front during World War II.[9] The majority of countries set up relief programs, and most underwent some sort of political upheaval, pushing them to the left or right. In some states, the desperate citizens turned toward nationalist demagogues—the most infamous being Adolf Hitler—setting the stage for World War II in 1939.

The Great Depression was triggered by a sudden, total collapse in the stock market. The stock market turned upward in early 1930, returning to early 1929 levels by April, though still almost 30 percent below the peak of September 1929.[10] Together, government and business actually spent more in the first half of 1930 than in the corresponding period of the previous year. But consumers, many of whom had suffered severe losses in the stock market the previous year, cut back their expenditures by ten percent, and a severe drought ravaged the agricultural heartland of the USA beginning in the summer of 1930.

In early 1930, credit was ample and available at low rates, but people were reluctant to add new debt by borrowing.[citation needed] By May 1930, auto sales had declined to below the levels of 1928. Prices in general began to decline, but wages held steady in 1930, then began to drop in 1931. Conditions were worse in farming areas, where commodity prices plunged, and in mining and logging areas, where unemployment was high and there were few other jobs. The decline in the US economy was the factor that pulled down most other countries at first, then internal weaknesses or strengths in each country made conditions worse or better. Frantic attempts to shore up the economies of individual nations through protectionist policies, such as the 1930 U.S. Smoot-Hawley Tariff Act and retaliatory tariffs in other countries, exacerbated the collapse in global trade. By late in 1930, a steady decline set in which reached bottom by March 1933. …”

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

 

467K jobs cut in June; jobless rate at 9.5 percent

“…WASHINGTON – Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy’s road to recovery will be bumpy.

The Labor Department report, released Thursday, showed that even as the recession flashes signs of easing, companies likely will want to keep a lid on costs and be wary of hiring until they feel certain the economy is on solid ground.

President Barack Obama, in an interview with The Associated Press, said he is “deeply concerned” about unemployment and conceded that too many families are worried about “whether they will be next” to suffer an economic blow. He also expressed disappointment over the weak employment figures, acknowledging that “what we are still seeing is too many jobs lost.”

June’s payroll reductions were deeper than the 363,000 that economists expected and average weekly earnings dropped to the lowest level in nearly a year.

However, the rise in the unemployment rate from 9.4 percent in May wasn’t as sharp as the expected 9.6 percent. Still, many economists predict the jobless rate will hit 10 percent this year, and keep rising into next year, before falling back.

All told, 14.7 million people were unemployed in June.

If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June, the highest on records dating to 1994. …”

http://news.yahoo.com/s/ap/us_economy

 

New unemployment numbers: Quick, blame Bush!
By Michelle Malkin

“…Waiting for “we inherited this” spin from the White House…

Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy’s road to recovery will be bumpy.
The Labor Department report, released Thursday, showed that even as the recession flashes signs of easing, companies likely will want to keep a lid on costs and be wary of hiring until they feel certain the economy is on solid ground.

June’s payroll reductions were deeper than the 363,000 that economists expected.

However, the rise in the unemployment rate from 9.4 percent in May wasn’t as sharp as the expected 9.6 percent. Still, many economists predict the jobless rate will hit 10 percent this year, and keep rising into next year, before falling back.

All told, 14.7 million people were unemployed in June.
Via AP. …”

http://michellemalkin.com/2009/07/02/new-unemployment-numbers-quick-blame-bush/

 

Leonard Silk Nov 1985 Air date You Tube Compression

 

 

US Unemployment Rise Pauses

 

In-Depth Look – Wall Street Job Picture – Bloomberg

 

Obama’s Far-Left Calling People to Arms—Glenn Beck’s ‘One Thing’

 

STS-115 Atlantis long countdown to launch

 

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