Posts Tagged ‘jobs speech’

Market Responds To Obama’s $447 Billion Not-Stimulus Stimulus By Tanking 304 Points

September 9, 2011

Even the überleftist in-the-tank New York Slimes was forced to report that:

A speech by President Obama on jobs did little to lift the malaise because of uncertainty over whether the program would help the recovery, analysts said.

Hey, thanks for a great big giant load of verbal fecal matter, Obama.

Here’s the foul-smelling “fruits” of Obama’s speech:

Thanks Barack… Stock Market Tanks After Obama’s $447 Billion Stimulus Speech
Posted by Jim Hoft on Friday, September 9, 2011, 9:00 AM

Last night Barack Obama announced his latest spending plan to “revive the economy” would cost another $447 billion.

Today the markets tanked.

The Dow was down 172 points shortly after opening.

The Street reported:

In his speech last night to Congress, the President detailed a $447 billion stimulus package aimed at spurring job creation, a much more ambitious proposal than the $300 billion plan expected. It remains up in the air, however, which parts of Obama’s proposal would be able to pass Congress. Republicans are expected to show their support for the $253 billion in tax cuts but will likely oppose the payroll tax holiday component of Obama’s strategy.

Investors have been particularly uneasy as they await possible monetary and fiscal stimulus to jumpstart the sluggish economy. Federal Reserve chairman Ben Bernanke left the door open on a possible Fed stimulus in his speech Thursday, essentially leaving the market hanging for another two weeks before the next Fed meeting on Sept. 21. Meanwhile, any jobs proposal from Washington is not expected to pass until later this year, leaving the dismal U.S. jobs market staggering without help.

And if finished down 304 points for the day.

Keep talking, Obama, and the presidential limo is going to be on concrete blocks without any wheels in the midst of a Washington D.C. in flames as the symbol of the “hope and change” that Obama represents.

This is what a completely failed presidency looks like.

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One Possible Republican Response To The Incredible Cynicism Of Obama’s Jobs Speech

September 8, 2011

Many recognize that Obama’s jobs speech tonight is little more than the lowest form of cynicism.

As low as Obama is in the polls, Congress is even lower.  So what does Obama do?  Call a joint session of Congress so he can rhetorically position himself (and run against) Congress.

And this plan that Obama announced before he even actually had any plan – the one that the White House was “scrambling” to put together – the one that was going to be $300 billion and then $400 billion and now possibly even $450 billion: what is it but the most cynical attempt to create a scenario in which he can claim that he had “the solution” if but Republicans hadn’t put their partisan political interests ahead of the nation and passed it?

It is common knowledge that there is no possible WAY IN HELL that Obama’s jobs plan will actually be implemented.  Remember that Democrats – when they controlled the House as well as the Senate and the White House – couldn’t pass a tax hike in December 2010.  The fact of the matter is that this has nothing to do with substance – with actually helping so much as one person actually get a job – and everything to do with the lowest and most cynical sort of political rhetoric.

Well, here’s how Republicans COULD respond to Obama’s plan: with equal cynicism.

What if the Republican leadership issues Obama and the Democrat Party the following challenge: “Okay.  We’ll agree to pass your plan.  And all we ask for in return is a date CERTAIN by which YOU, Mr. President, YOU, Mr. Vice President, and EVERY SINGLE DEMOCRAT in Congress who votes for this package will resign from office in abject disgrace if it fails to turn the economy around – as it WILL fail just like all of your other failed Keynesian crap has failed?!?!?

When will you resign?  The last time you had a massive failed stimulus, you promised that you could create millions of jobs and bring the unemployment rate down below 6.7% by now if we passed your $862 billion stimulus?

What specific performance measures will you guarantee and by which date will every single Democrat leave office if you fail like you have already repeatedly failed???

Something To Know As Obama Gives His Jobs Speech: Senate Democrats Have Been BLOCKING Republican-Passed Jobs Bills

September 8, 2011

Damn terrorist obstructionist Democrats are holding America “hostage.”

That’s the truth, if someone were to care enough to turn off the mainstream media propaganda blather and seek the actual facts:

Republicans Remind Obama: Democrats Are Blocking House-Passed Jobs Bills
Wednesday, September 07, 2011
By Susan Jones

(CNSNews.com) – Republican leaders are reminding President Obama that the House of Representatives has passed more than a dozen “pro-growth” measures to spur job creation, but with one exception, Senate Democrats have refused to consider any of those bills.
 
In a letter to the president on Tuesday, House Speaker John Boehner (R-Ohio) and Majority Leader Eric Cantor (R-Va.) listed all the House-passed “jobs” bills that are now languishing in the Senate. They include a bill to reduce the regulatory burdens on farmers and small business owners; a bill to block a “job-destroying national energy tax,” and a bill to boost offshore energy production. (See full list below.)
 
Boehner and Cantor also outlined “potential opportunities for Congress and the White House to work together” on job-creation.
 
An infrastructure initiative is one of those areas: “We are not opposed to initiatives to repair and improve infrastructure,” the Republican leaders said, but instead of new spending, they’re calling for spending “reforms,” as follows:
 
“Current law requires that states set-aside 10 percent of their surface transportation funds for transportation enhancements, which must be used for items such as establishment of transportation museums, education activities for pedestrians and bicyclists, acquisition of scenic easements, historic preservation, operation of historic transportation facilities, etc.,” Boehner and Cantor noted.
 
“While many of the initiatives funded by this mandatory set-aside may be worthy projects, eliminating this required set-aside would allow states to devote more money to the types of infrastructure programs you are advocating without adding to the deficit.  We believe such a reform would be consistent with your statement last week that we should ‘reform the way transportation money is invested, to eliminate waste, to give states more control over the projects that are right for them.'”
 
Other areas of possible cooperation, according to Republican leaders, include a proposal to speed up the permitting process for construction projects; reforms to the unemployment system; and completing free trade agreements with Colombia, Panama, and South Korea.
 
“These reforms alone are not a substitute for a comprehensive pro-growth jobs agenda, such as the one House Republicans have put forth and continue to implement. But they are potential areas for common ground,” Boehner and Cantor told the president.
 
Because Democrats and Republicans “sincerely believe” that their own policies are the right way to get the economy growing, it’s unlikely that either side will completely give in to the other.  But, Boehner and Cantor added, it is “critical” that both sides focus on areas of common agreement: “We should not approach this as an all or nothing situation,” they said.
 
The Republican leaders said they would like to meet with President Obama before he gives his “jobs” address to a joint session of Congress on Thursday. Such a meeting – including leaders from both parties — would give lawmakers “the opportunity to constructively discuss your proposals.”
 
Boehner and Cantor said they are specifically interested in learning the cost estimates for 212 new regulatory actions planned by the Obama administration.
 
Attachment to Boehner/Cantor letter to President Obama:
Bills Passed by the House of Representatives that Have Not Been Considered by the Democrat-Controlled Senate
 
The Reducing Regulatory Burdens Act (H.R. 872), which would halt duplicative federal regulations on farmers and small business owners that are impeding job creation.
 
The Energy Tax Prevention Act (H.R. 910), which would stop the federal bureaucracy from imposing a job-destroying national energy tax.
 
The Clean Water Cooperative Federalism Act (H.R. 2018), which would restrict the federal government’s ability to second-guess or delay a state’s permitting and water quality certification decisions under the Clean Water Act once the EPA has already approved a state’s program, preventing approval process delays that cost jobs and leave businesses hampered by uncertainty.
 
The Consumer Financial Protection & Soundness Improvement Act (H.R. 1315), which would increase consumer protection and government accountability by eliminating the ability of Dodd-Frank’s unelected Consumer Financial Protection Bureau Director to unilaterally carry out regulations that hurt job growth.
 
The Restarting American Offshore Leasing Now Act (H.R. 1230), which would help to address high gas prices and support the creation of new American jobs by increasing offshore energy production.
 
The Putting the Gulf of Mexico Back to Work Act (H.R. 1229) and the Reversing President Obama’s Offshore Moratorium Act (H.R. 1231), which would help to put thousands of Americans back to work by ending the de facto moratorium on American energy production in the Gulf of Mexico in a safe, responsible and transparent manner by setting firm timelines for considering permits to drill.
 
The Jobs and Energy Permitting Act of 2011 (H.R. 2021), which would streamline the permit process for American energy production to help lower prices and create tens of thousands of new jobs.
 
The North American-Made Energy Security Act (H.R. 1938), which would require the federal government to make a determination by a date certain on whether or not it will allow the Keystone XL pipeline expansion, which is projected to directly create 20,000 jobs and support the creation of thousands more, to move forward.
 
A Budget for Fiscal Year 2012 (H.Con.Res. 34).  With Washington’s failure to control spending hurting job creation in America, the House has passed its budget, while the Senate has not yet considered a budget of its own.

Hmm.  Nine bills that the Republicans have passed.  And those terrorist Democrats have decided to murder American workers by sheer meanness instead.

Obama’s speech tonight is going to be completely poitical, in that he will set himself up as the “reasonable” man in the room.  And anyone who disagrees with his “balanced approach” is simply not interested in helping the nation recover.

You see, I remember someone talking just like that before: his name happened to be Adolf Hitler.  Just set yourself up as the Transcendent One and anyone who disagrees with you is a threat who must be dealt with.

The reality is that Obama announced his plan (before going on vacation) when it is now clear he didn’t even HAVE any damn plan.  And the Washington Post – which leans decidedly left – noted that the White House was “scrambling” to come up with something upon Obama’s return from hobnobbing with liberal millionaires at Martha’s Vineyard.  He called for a joint-session of Congress – which as a general rule serves for State of the Union speeches and WARS – but then came out and said his speech really wouldn’t try to accomplish very much and would merely be one of “several speeches.”

Because everybody knows we’re in a crisis and what we need is another speech.

Becuase if I were drowning, I would be desperately hoping that Obama’s liberal limousine caravan would show up packing the teleprompters so that Obama could give a speech until the level of the oceans were lowered.

Why is Obama giving his speech in front of a joint session of Congress, instead of actually submitting a detailed plan in writing so Congress can see precisely what Obama is committing himself to?  Because this is nothing more than a political manuever; it has nothing whatsoever to do with actually changing anything.  Obama wants to set up a straw man; he wants to be the “reasonable one” with “the balanced approach” who had the answers – even though all of his answers have already repeatedly failed – only those mean Republican terrorist obstructionist hostage takers wouldn’t embrace his plan.

It’s just another failed stimulus that Obama will refuse to call a “stimulus.”  It’s more “shovel-ready jobs” that Obama is now calling “contruction workers ready to get dirty” because he thinks you people are just too damn stupid to have a clue that he’s pushing the same failed bullcrap that he’s been pushing for three failed years.

One of the funniest things of all in this is that Republicans are actually being called DISRESPECTFUL (and literally racist) for not bothering to offer a rebuttal to Obama’s load of feces:

“This is just dumb. The former speaker is criticizing us for passing up an opportunity to criticize the president,” said a GOP aide.

Of course, they would have been every bit as racist if they HAD criticized the president.  But that’s for a whole other Obama speech.

Republicans seem to know that no matter what they do, the mainstream media propaganda will froth over the fact that the Republicans have dared to question their great Führer.  So why even bother?

The ‘O’ In ‘Obama’ Always Stood For ZERO DAMN JOBS

September 3, 2011

Happy Labor Day all ye millions of unemployed!!!

Don’t give up!  Keep looking!  The Obama presidency can’t last forever!

The sun will come up in 2012 if you’re not as DUMBASS STUPID AS YOU WERE IN 2008.

The worst jobs report in a year, and the pace of layoffs has dramatically picked up (double-dip alert!): liberals call it “hope and change”; conservatives call it “abject failure.”

I’m sure Obama has some excuse for this.  Maybe “Bush’s dog Barney ate my dog’s job plan.”

“ZERO” stands for “ZERO JOBS CREATED.” 

I couldn’t resist adding my own running commentary in bracketed italics.

August jobs report shows no net gain
By MACKENZIE WEINGER | 9/2/11 8:38 AM EDT Updated: 9/2/11 4:54 PM EDT

This is not what President Barack Obama wanted to hear.
 
In its weakest jobs report in a year, the Labor Department announced Friday that the sputtering economy added no net jobs in August, while the nation’s 9.1 percent unemployment rate remained unchanged.

Obama, who will deliver what the White House is billing as a major jobs speech Thursday to a joint session of Congress, did not comment on the disappointing and unexpected numbers. [They said “unexpected” again; media bias alert!  Drink!]  He had no public appearances scheduled and left Friday for Camp David for the weekend.

Katherine Abraham, a member of the White House Council of Economic Advisers, stressed that “it is important not to read too much into any one monthly report” because of regular fluctuations in employment figures. [That’s because, um, all the other months of employment figures were all just gosh darn wonderful, you see].

“Clearly, faster growth is needed to replace the jobs lost in the downturn,” she said in a statement.  [Bush’s fault alert.  We need four more years of blaming Bush, because while we don’t have any actual plan that will work, we still have all kinds of cynical-socialist-comic-tested “Bush’s fault” lines left in our arsenal]. “Today’s report underscores the president’s call for Congress to pass a clean extension of the transportation bill to keep workers on the job and keep critical highway construction, bridge repair, mass transit and other important projects moving forward.”  [i.e., the worse Obama fails, the more his next idiot plan should be trusted and followed.  Because what are the odds his next plan will be as big of a failure as his last three?].

Abraham added, “Next week, the president will lay out a series of additional bipartisan steps that Congress can take immediately to put more money in the paychecks of working and middle-class families, to make it easier for small businesses to hire workers, to put construction crews to work rebuilding our nation’s infrastructure, and other measures that will help the economy grow while still reducing our deficit and getting our fiscal house in order.”  [Is it just me, or does this sound EXACTLY THE SAME AS DEMOCRTS SAID ABOUT THE FAILED $862 BILLION STIMULUS “SHOVEL-READY” BOONDOGGLE?].

The dismal jobs report sparked new fears of a recession and sent the Dow Jones Industrial Average plummeting at the market’s opening, dropping more than 200 points in the first few minutes of trading and closing down 253 points for the day. [HAHAHAHAHA! HAHAHAHAHAAAAHA! Alert.  The more Obama destroys America, the wealthier “the fool” who bet everything he had that Obama would be the ruin of America will get].

The employment figures were the weakest since September 2010, when there was a slight decline in the number of jobs created, The Associated Press said.

[…]

Labor Secretary Hilda Solis told CNBC’s “Squawk on the Street” on Friday that although she is disappointed in the jobs numbers, she remains “very optimistic” and confident in the administration’s ability to boost job growth[KoolAid alert regarding a KoolAid addict].

“I’m not happy with the jobs report — that’s evident,” Solis said, adding she still believed the country is “going in the right direction.” “We can do better, and that’s why the president says let’s get to work on it. The public is frustrated. We need cooperation by this Congress.”

The Labor Department’s report was crammed with bleak data.

Private payrolls increased only 17,000 in August after climbing by 156,000 in July. Government employment shrunk by 17,000, the 10th straight monthly drop, and that decline was eased somewhat by the return of 23,000 state workers in Minnesota after a government shutdown ended.

Hiring declined across many different economic sectors. Manufacturers slashed 3,000 jobs while construction companies, retailers and transportation firms also cut workers.

The African-American unemployment rate shot up to 16.7 percent from 15.9 percent in July, underscoring recent complaints from black lawmakers that Obama needs to do more to provide jobs for African-Americans.  [I told you so! I TOLD YOU SO! Alert]

One of the only bright spots was the health care industry, which added 30,000 jobs last month.

In another bad sign for the economy, the length of the average workweek also fell slightly in August from 34.3 hours in July to 34.2 hours. Analysts had been hoping to see it lengthen, which would indicate employers were preparing to hire more workers. Average hourly earnings shrank by 0.1 percent.

Friday’s report came in far below expectations. Experts had forecast that between 60,000 and 100,000 jobs would be created.

Some analysts said the weak jobs report will raise the political pressure on the Federal Reserve Bank to undertake more drastic measures to boost the economy at its meeting later this month. The Fed could do that with a third round of a controversial measure known as “quantitative easing,” which is a way for it to essentially pump money into the economy by buying bank assets. [That Aint Good Alert.  Please curl up into a fetal position, start sucking your thumb, and then watch this Youtube video.  We’re about two more quantitative easings away from collapse].

“This month’s report may be bad enough to inspire the Fed to action,” said Jason Schenker, the president of Prestige Economics.

Scott Paul, executive director of the Alliance for American for Manufacturing, issued a statement calling the jobs report a “disaster.”

“If we aren’t headed toward a double-dip recession, we are getting very close indeed,” he said. “The time for jobs speeches and assigning blame for the state of our economy has long since passed. We need aggressive policies right now to create jobs in America.”

Adding to the worsening picture, the Labor Department revised figures released Friday for previous months, showing that the economy added 85,000 jobs in July after the department had originally pegged the number at 117,000 [Of course these figures are correct; they came from the GOVERNMENT alert].

Also, 20,000 net jobs were added in June — a figure the department revised down from its original 46,000 estimate for that month.

In February, March and April, jobs growth averaged about 200,000 each month.

Since May 2009, in all but two months, the unemployment rate has held above 9 percent. According to some estimates, 250,000 or more jobs need to be created every month in order to push the rate below 8 percent by the time of the 2012 election. [Aint Gonna Happen alert].

[…]

In December 2008, “celebrating” Obama’s election over “God Damn America!”, I wrote an article entitled, “Why we should Be Seriously Contemplating The Great Depression.”  Now, you examine Barack Obama’s promises, and you consider my prediction, and you tell me WHO WAS RIGHT?!?!?

In October 2008 [DON’T BLAME ME! I TRIED TO WARN YOU FOOLS!!!], I wrote an article that included this rather astonishing result from CEO Magazine, as CEOs said:

“I’m not terribly excited about McCain being president, but I’m sure that Obama, if elected, will have a negative impact on business and the economy,” said one CEO voicing his lack of enthusiasm for either candidate, but particularly Obama.

In expressing their rejection of Senator Obama, some CEOs who responded to the survey went as far as to say that “some of his programs would bankrupt the country within three years, if implemented.” In fact, the poll highlights that Obama’s tax policies, which scored the lowest grade in the poll, are particularly unpopular among CEOs.

In November of 2008 – after America made the stupidest decision in its national history – I pointed out that America may well be headed for FOOD RIOTS by 2012.  Now you damned by God to hell liberals rub your blank, empty, deluded eyeballs and look around. Take a moment to try – just TRY – to let reality filter through your asinine and depraved worldview and consider WHO WAS RIGHTBECAUSE WE’RE ALREADY ON THE VERGE OF FOOD RIOTS!  THEY ARE HAPPENING ALL OVER THE WORLD RIGHT NOW AS THE OBAMA FED’S DEMONIC POLICIES DESTROY THE VALUE OF THE U.S. DOLLAR AND THE SAVINGS VALUE OF EVERYONE WHO HOLDS IT.

The biggest laugh of all is that Obama – who said he had a plan; then went on vacation; then had no plan and had to scramble to come up with one; then called a joint session of Congress reserved for wars and for State of the Union addresses which by some “coincidence” was timed for the exact date and time of the planned GOP presidential debate; NOW SAYS HIS STUPID SPEECH WON’T AMOUNT TO MUCH MORE THAN SQUAT AFTER ALL:

In what could be a way of lowering expectations for next Thursday’s big economic speech, aides to President Obama are privately spreading word that he will not present his entire jobs plan in his address to a Joint Session of Congress.

Aides say Thursday’s speech will be part of a bigger plan the White House will roll out throughout the fall with the president hitting the road for speeches and town hall appearances. Aides have already confirmed that Obama will be traveling to California, Colorado, and Washington state for one three-day swing later this month that will include economic events as well as some fundraising.

Would you like a preview about Obama’s speech from a man who has just demonstrated that he’s been right all along about the ruin this fool would be for America?

Obama will announce a bunch of already-failed “solutions” whose previous attempts already put us in the vice-grip of national pain we’re all squirming in, which will have no chance whatsoever of passing through the Congress.  In point of fact, several of the things Obama will be proposing were actually rejected last year by the DEMOCRATS who were in total control of both the House AND the Senate –

[From MSNBC]: “McConnell said any tax increase or new spending would be counterproductive to economic recovery, and he pointed out that Democrats had been unable to pass tax increases on the wealthy when they controlled both chambers of Congress last year. Last November’s election resulted in the Republicans regaining control of the House of Representatives and reducing the Democrats’ Senate majority.”

– which is another way of pointing out that only a demagogue fool would trot them out now.  The Democrat-controlled House and Senate also refused to pass quite a few EPA and numerous other regulatory measures that Obama simply imposed by acts of executive tyranny.

Obama doesn’t give one flying damn about the suffering and misery he has inflicted; all he cares about is his OWN damn job.  And he will try to set up a narrative in which he calls for big “hope and change,” and the Republicans refuse to support him [Republicans are “terrorists” alert], and will run on the story that he had all the ideas which would have worked [even though they ALREADY FAILED WHEN THEY WERE ALREADY TRIED] as he spends a billion dollars demonizing his opponents trying to get re-elected.

It’s not enough to say that Obama’s liberal policies have failed; THEY HAVE FAILED EVERY DAMN TIME THEY HAVE EVER BEEN TRIED, FROM FDR TO CARTER TO OBAMA.

2012 is America’s last chance, if it isn’t already too late.  We’re either going to vote to sweep in conservatives, or we are going to vote for national suicide and for the starvation of our children.  It’s up to you.

Obama Job Speech Fiasco AGAIN Makes POTUS Look Petty, Weak And Just Plain Small

September 1, 2011

This has actually degenerated to a level that is simply sad.

It’s hard to even put into a sentence: To say you’ve got a plan when you don’t have a plan, and then go on a fancy vacation, and then come back and have to “scramble” to come up with a plan that you frankly should have had months if not years ago, and then just show the world how petty you are by demanding that Congress call a special joint session the night of a scheduled GOP presidential debate, well, it’s pathetic.

The pathetic president.

Maybe Obama shouldn’t have gone on that fancy vacation, after all. 

Obama’s narcissistic arrogance is simply stunning.  His vacation was important, but Congress’ schedule is irrelevant.  His vacation is essential to the well-being of the nation, but the Republican Party using the democratic process of debate to select their nominee to contend for Obama’s job is trivial.

Obama constantly calls upon Congress to rise above petty partisan politics, but again and again this guy has taken some of the cheapest shots at all.  Going on a vacation and then coming back and saying the ONLY night Obama can give his speech just “happens” to coincide with the exact same date and the even the exact same TIME-SLOT of a GOP presidential debate that had been hard-scheduled for MONTHS is beneath even petty partisan politics.

Even very career and very partisan Democrats acknowledge that Obama was “out of bounds” in his attempt at this petty partisan politcal pissing contest:

Democratic strategist James Carville on Thursday called the White House “out of bounds” for requesting that the president address Congress during the same night as next week’s Republican presidential debate.

“I do think this is a really big debate and I think the White House was out of bounds…in trying to schedule a speech during a debate,” Carville said on “Good Morning America”.

There is absolutely no question whatsoever that Obama has every intention of using his “jobs speech” as a partisan political stunt.

Fortunately, Speaker of the House John Boehner wasn’t in the mood to tolerate a self-appeasing posturing poser:

Posted: 12:16 p.m. yesterday
Obama bows to Boehner; jobs speech will be Sept. 8
By JIM KUHNHENN, Associated Press

WASHINGTON — President Barack Obama has acceded to House Speaker John Boehner’s wishes to deliver an address on jobs and the economy to a joint session of Congress on Sept. 8. The president had requested Sept. 7 for the long-anticipated speech.

In agreeing to Boehner’s schedule, Obama’s address will compete with the opening game of the National Football League season — a conflict the White House wanted to avoid.

But the change now will allow a planned Sept. 7 Republican presidential debate to proceed without Obama upstaging it.

That’s right.  BOWS again.

Obama has a rather pathetic personal history with bowing down.

Atlas Shrugged has a magnificent pictorial presentation of who Obama bows down to (America’s enemies) and who he treats like dirt (America’s friends).  At least this time Obama bowed down before an actual American.

Speaker John Boehner was incredibly solicitous to Obama:

“It is my recommendation that your address be held on the following evening, when we can ensure there will be no parliamentary or logistical impediments that might detract from your remarks,” Boehner, the speaker of the Republican-controlled House of Representatives, said in a letter to the president.

“I respectfully invite you to address a Joint Session of Congress on Thursday, September 8, 2011 in the House Chamber, at a time that works best for your schedule,” he said.

But Obama – who saw this as a chance to upstage his rivals in a petty way while at the same time calling on politicians to “rise above” the very same sort of thing he was himself doing, just got owned.

It is truly sad for America that such a weak and petty man managed to rise to our presidency.