60 Minutes Shock Report: National Unemployed and Underemployed 17.5%; California 22% ~ BigGovernment.com
In a report sure to cause consternation at the White House and in the offices of the Democratic Leadership in Congress, “60 Minutes” provided an in-depth report on the realities of the unemployment situation in America today. (Snip for video) When you take into account the underemployed as well as the unemployed, the national rate hits 17% and California a staggering 22%. To put a face on the realities of the underemployed in America under Obamanomincs, reporter Scott Pelley spoke with a fiber-optics engineering manager who has been looking for work for over a year.
Why the US has turned against Obama ~ Michael Barone, Telegraph (UK)
Why have American voters gone so sour on Barack Obama’s Democratic party? It’s a question that must puzzle many in Britain who – Conservative as well as Labour and Lib Dem – welcomed Obama’s election two years ago and saw him leading America and the world into broad, sunlit uplands. But now it appears that Obama’s party is about to take what George W Bush called a “thumping” in the mid-term elections on November 2. It looks to be quite a fall. Obama won the popular vote in 2008 by a 53 to 46 per cent margin.
Iranian Hegemony, American Timidity ~ Canada Free Press
Remember George W. Bush’s “Axis of Evil”? Iran, Iraq, and North Korea. Bush identified these three during a January 29, 2002 State of the Union speech. On March 20, 2003, the U.S. and coalition forces invaded Iraq in “Operation Iraqi Freedom.” We were assured that weapons of mass destruction would be found and, for the most part, few were.
Adrift in Arabia ~ Middle East Forum
Transforming America’s relations with the Islamic world has been perhaps the foremost foreign policy issue through which President Obama has sought to set himself apart from his immediate predecessor. Having long downplayed his Muslim roots—going so far as to disguise not only his middle name, Hussein, but also to substitute Barack with the less conspicuous Barry early on in his career—Obama has embraced them since taking office. As he explained in his much-ballyhooed June 2009 address to the Muslim World in Cairo:
Home sales data: lipstick on a pig ~ MSNBC
The upturn – which still leaves home sales at levels 19 percent lower than a year ago – represents a snapback after a steep plunge this summer. After the government’s temporary tax credit for first time home buyers expired in June, existing home sales fell to the lowest level in 16 years.
Debt Has Increased $5 Trillion Since Speaker Pelosi Vowed, ‘No New Deficit Spending’ ~ CNSNews
When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.
Obama panel mulls end to mortgage interest, child tax deductions ~ Wall Street Journal
Sacrosanct tax breaks, including deductions on mortgage interest, remain on the table just weeks before the deficit commission issues recommendations on policies to pare back with the aim of balancing the budget by 2015.
Dollar at Risk of Becoming ‘Toxic Waste’: Charts ~ CNBC
“If the (dollar index) takes out the low that was made roughly a year ago I really think that will not only encourage more sales, it will cause a little bit of minor panic,” Griffiths said. “A year ago it was deemed too cheap, if it goes any lower than that it’s actually become toxic waste.”
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Food Storage 101: Where Do I Begin? ~ Personal Liberty Digest
In my last article, Prepare Your Own Personal Home Grocery Store And Pharmacy, I introduced you to the need to store food.
Now we’re going to begin with step one in the six-step process to help you make sure you have an adequate supply of food should a crisis occur.