Posts Tagged ‘rent’

Realize That Obama Has ‘Fundamentally Transformed’ America Into A Failed Marxist State. Just Ask Poor People And Liberals

September 9, 2013

Quick test.  Who said this:

“The economy is doing poorly. Everything is expensive. With high taxes, we’re not going to be able to pay rent.”

Wrong, Democrat.  It was NOT Karl Rove or some über right wing nutjob who only said this because he hates Obama (and that because he’s “racist”).  Nope.  It was a 34-year-old Hispanic father named Francisco Zuniga at an SEIU-sponsored protest event.  Who would have thought that out of the mouths of leftist whiners could drool wisdom???

This is the fifth year of the Age of Obama.  It is the fifth freaking year of a failed president whose only talent is blaming others for his massive failures.

Let’s break those words from Zuniga down:

“The economy is doing poorly.”

That is something that literally every single person who is not a demon-possessed liar and hypocrite without shame (i.e. a Democrat) knows as a fact.  Obama promised the world; he has delivered economic manure.

What else does Zuniga say?

“Everything is expensive.”

Well, thanks for noticing that little factoid, Francisco.  I’ve written ad nauseum about the Obama Federal Reserve policies that were necessary to “fund” Obama’s reckless and morally and fiscally insane federal spending.  We’ve had Quantitative Easing, we’ve had QE2, we’ve had Operation Twist, we’ve had QE3, and now we’re at “QE Forever.”  And these policies have basically arbitrarily added zeroes to the money supply computers.  As of March of this year, Obama’s chief Fedthug had added over $2 trillion to the money supply – a beyond insane 240 percent increase.

It’s actually probably a lot more than that “mere” 240 percent increase.  CNN Money says that rather than $2 trillion, it’s actually been at least $2.5 trillion.  And as Democrat Bernie Saunders notes, it’s actually an awful lot more than that, given the AT LEAST $16 trillion in “secret loans” that had taken place under Obama’s Federal Reserve.  I mean, holy hell, where did all this cash come from?  From Never-Never Land, that’s where.

Let me put it this way: when Obama took office from George W. Bush, the Federal Reserve balance sheet was $800 billion; it is now $3,601,523 BILLION under Barack Obama.

In an article I wrote three full years ago:

An increase in the money supply is rather like an overdose of drugs. And in this case the effect of the overdose will be hyperinflation. Basically, the moment we have any kind of genuine recovery, our staggering deficit is going to begin to create an ultimately gigantic inflation rate. Why? Because we have massively artificially increased our money supply beyond our ability to actually produce real wealth, and that means that money will ultimately be devalued. There’s simply no way it can’t be. If simply printing money solved financial problems, the government could just mail everyone several million dollars, and we could all retire. The problem is that more money chasing a limited supply of goods simply pushes up prices higher and higher without doing anything to solve the underlying economic problems. If we have a recovery, with increased economic activity, there will be increased demand on the money supply, forcing an upward climb in interest rates as a means of controlling the currency. And then we’ll begin to seriously pay for Obama’s and the Democrat Party’s sins. Paradoxically, the only thing preventing hyperinflation now is the recession, because people aren’t buying anything and therefore aren’t competing for those limited goods.

THAT is why we haven’t yet experienced truly catastrophic hyperinflation YET.  But the moment we ever actually start to get out of the economic hellhole Obama has dug us into, we will see inflation at levels that will shock and dismay you.  You mark my words.  And what we’ve now learned is that having become hooked on the hardcore narcotic known as QE crack, we can’t get off of it – because if we try the stock market will crash and people will start to panic.

Who is actually going to pay for all that money Obama invented?  I pointed out the sad reality a year ago:

Nobody’s talking about what that massive devaluation of our currency is going to ultimately cost us.  Nobody is talking about the fact that the people who are going to pay the highest tax as a result of this action – and it IS a regressive tax – will be retirees who will see the value of their savings drop even as they look at interest rates and pension funds that pay them nothing.  Retirees are not in a position to snort the crack of quantitative easing; they depend mostly on bonds.  And the Obama administration and the Federal Reserve have decided to stab the bond market  that older investors necessarily depend upon in the heart to artificially inflate the stock market.  Until they have to do it again.  And again.  And of course pretty soon again and again after that.

Commodities like oil and food – which conveniently are being ignored as proof positive that we are already seeing MASSIVE inflation – will continue to go up and up and up (see here and here and here for examples).   The fact of the matter is that prices are rising dramatically and HAVE BEEN rising dramatically, and what just happened today will sure that they CONTINUE to rise dramatically.  And everybody but Obama and the Federal Reserve know it.

And everything I predicted in that article and one I wrote back in 2011 turned out to be right.  Except I used the term “QE 4” and Obama’s economic wizards called it “QE Forever” instead.  And all the way back in 2010 I said it would fail, as it HAS failed.  You need to understand: as I pointed out in May 2011, quantitative easing is the economic equivalent of feeding a diabetic lots of sugar.  It is incredibly unhealthy and will ultimately kill the patient, but once you start feeding that sugar you can’t stop or the patient will crash and die for sure, just as Wall Street will crash and die if Obama stops giving them free sugar candy money.

Let me add another group of people to retirees I described above, Francisco: THE POOR.  Because most of the poor are on fixed incomes every bit as much as retirees are.  And their low wages, their welfare and their food stamps just aint going to keep up with the inflation that has resulted from printing money.  When you print money out of thin air, and you’ve got trillions more dollars chasing the same amount of finite resources, the value of those dollars goes down, down, DOWN.

It turns out that “free money” isn’t really so damn free, after all.

Commodities such as food and fuel are skyrocketing – especially gas as Obama’s failed Middle East policy rears its ugly head in Syria (although, mind you, Obama’s gas prices have been shockingly high all along) – and so, yeah, Francisco, “everything is getting more expensive.”

We’re to the point where we will soon be spending more money in interest to service our psychotic debt than we will on anything else.  By the next decade – and keep in mind we’re nearly half way there NOW – we will be spending the equivalent of the 2009 $862 billion Obama stimulus EVERY SINGLE YEAR.  Only those payments will be going to China while they mockingly laugh at our stupidity that made us their debt slaves.

You aint seen nothing yet, Francisco.  Thanks to Obama, your hell is going to get a lot more hellish.

What else did Francisco tell us?  He told us that Obama’s economy was crappy and thanks to Obama’s moral and fiscal idiocy, everything was more expensive now due to inflation.  What else did he say?

“With high taxes, we’re not going to be able to pay rent.”

I don’t need to point out which party and which failed president of which damn party is behind all those taxes, of course.

Let’s try to put this in terms that Francisco will understand if he doesn’t already: who owns your house you’re paying that rent on?  And what do you think happens when liberal demagogues “tax the rich”???  Here’s what will happen: when Obama and Democrats viciously tax “the rich” who own that house you rent, what’s that high-taxed owner going to do?  He’s going to raise your damn rent, THAT’S what he’s going to do.  And if you don’t like paying more in rent, you’d better show up with a huge mob of likeminded enraged sufferers with pitchforks and torches to drive Obama out of Washington before he creates another monster and kills again.

But you won’t, will you?

I want you to consider something about Obama’s “housing recovery” within Obama’s “economic recovery.”  They’re both radically and wildly FAILED.  I want you to consider, Mr. Zuniga, the ramifications of the fact that SIXTY PERCENT OF HOMES SOLD IN 2013 WENT TO CASH BUYERS.  Before I point out what that means, let me first point out how connected it is with the radically failed Obama Fed policies that have kept the money printing presses going night and day and day and night:

USA: 60 percent of homes sold in 2013 went to all cash buyers
Posted on August 16, 2013 by Stacy Herbert

Stacy Summary: This is what interest rate apartheid looks like.

USA:  60 percent of homes sold in 2013 went to all cash buyers

There was an odd sort of myth floating around the market that the cash buyer  crowd was somehow a tiny portion of the market, like a drop of water in the vast  ocean of home buying.  This delusional dream played into the fantasy that this  housing market was naturally rising because of overall household demand when in  reality, it is being driven by investors leveraging the artificial low rates  created by the Fed.  The flood of money from Wall Street has been large.  Even  anecdotally, it was apparent that cash buyers were driving the market given that  housing is a margin driven market.  That is, at any given time only a small  portion of all homes are on the market for sale.  However, an analysis by  non-other than Goldman Sachs shows that 60 percent of all 2013 home sales are  being driven by cash buyers.  That is, the middle class is largely being pushed  out of this game and has become the minority in this real estate market.

You see, Mr. Zuniga, these rich people are taking advantage of the crony capitalism (fascism) of Obama that has helped the elite investor class at the expense of the poor.  They’re snapping up the homes that YOU’RE going to rent.  And then they’re socking you with higher and higher rents.  Meanwhile, you’ve got virtually no change to ever own a home thanks to Obama.  The American dream is dead meat.  And did I mention this is the FIFTH year of the Age of Obama???  But it’s all Bush’s fault, much the way in the Big Brother society of 1984 it was all “Emmanuel Goldstein’s” fault.

Meanwhile, Mr. Zuniga, it’s getting harder and harder for you to even GET a job in Obama’s wildly failed economy.  The jobless rate just went down to 7.4%.  Hip-hip-hooray.  Only it did so as still MORE of the decimated American working class were destroyed into hopelessness at EVER finding a job.

There is an incredibly significant labor measure called the “labor participation rate.”  It is the percentage of working-age Americans who actually have a damn JOB.

There’s an article I wrote a little over a year ago that you ought to consider.  I detailed then the catastrophic plunge in the rate of Americans who actually have a job in the miserably failed Obama economy during and throughout the Obama regime.  At that time, it was the worst it had been in thirty years.  And I noted how each year under Obama’s failed Marxist State, it had just gotten worse and worse.  As an example, I recorded that in November 2010 – and note this AFTER the so-called “recovery” – the labor participation rate was the worst it had been in 25 years.  Which is to say far, FAR worse than anything Bush had ever done, you Democrat ideologues.  The next year, by August 2011, it was the worst in 27 years.  And by May of 2012, it was the worst due to Obama in 31 years.

Here we are, a year or so later, and how have things gone?  Just as I told you they would go under this failed president’s failed leadership and failed ideology: the labor participation rate is now the worst in 35 years.

And the reliably überliberal Los Angeles Times was forced to acknowledge it in these terms:

Although the unemployment rate ticked down to 7.3% last month — the lowest level since December 2008 — it fell largely for the wrong reason. More discouraged Americans gave up looking for work as the percentage of the population in the labor force dropped for the third consecutive month to its worst point in 35 years.

The unemployment rate has been dropping – which has been as good for Obama politically as it has been catastrophic for the rest of America economically.  I predicted a year and a half ago:

At the rate we’re going in Obama’s God damn America, we will have zero percent unemployment and nobody will actually have a damn job.

And, yep, that’s the way we’re headed.

Democrats are demon-possessed bureaucrats.  That’s where they get their name from.  They claim that the labor participation rate is falling as older baby boomers retire.  But that is a LIE FROM HELL.  As an example, it is YOUNG ADULTS who are suffering the most due to Obamanomics.  People cannot find a job who need to work.

And because of ObamaCare, full-time jobs have been “fundamentally transformed” by Obama into part-time jobs with no health benefits.

And if you don’t believe me, again, just ask liberals.  A letter signed by the heads of the Teamsters, the UFCW and UNITE-HERE have this to say about Obama’s impact on workers and the hours they get to work:

When you and the President sought our support for the Affordable Care Act (ACA), you pledged that if we liked the health plans we have now, we could keep them.  Sadly, that promise is under threat. Right now, unless you and the Obama Administration enact an equitable fix, the ACA will shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week that is the backbone of the American middle class.

The letter from these liberal unions points out the obvious fact that Democrats refuse to acknowledge about their demonic ObamaCare takeover of healthcare:

First, the law creates an incentive for employers to keep employees’ work hours below 30 hours a week. Numerous employers have begun to cut workers’ hours to avoid this obligation, and many of them are doing so openly. The impact is two-fold: fewer hours means less pay while also losing our current health benefits.

Second, millions of Americans are covered by non-profit health insurance plans like the ones in which most of our members participate. These non-profit plans are governed jointly by unions and companies under
the Taft-Hartley Act. Our health plans have been built over decades by working men and women. Under the ACA as interpreted by the Administration, our employees will treated differently and not be eligible for subsidies afforded other citizens. As such, many employees will be relegated to second-class status and shut out of the help the law offers to for-profit insurance plans.

And finally, even though non-profit plans like ours won’t receive the same subsidies as for-profit plans, they’ll be taxed to pay for those subsidies. Taken together, these restrictions will make non-profit plans like ours
unsustainable, and will undermine the health-care market of viable alternatives to the big health insurance companies.

You want to know who is killing your dreams, Mr. Zuniga?  Democrats.

But you keep voting for them anyway, because you prefer lies and more socialism and more welfare and then more lies and still more socialism and still more welfare, to the truth that would set you free if you were willing to finally act like a man and be determined to stand up on your own two feet and demand an economic system that enables you to do that.

You’re siding with the wrong people, the wrong party, the wrong political philosophy.  You’re siding with the people who keep HURTING you.  As you’d understand if you stopped and thought about your own words.

You’re one of those people who still idiotically believes that when Obama “gives” you “free stuff,” it’s actually FREE.  Let me pop your bubble, Francisco: when ObamaCare taxes insurance companies, taxes drugs, taxes medical devices, and mandates (that means forces) the health industry to pay for all of these “free” benefits such as free birth control and 26-year-olds staying on mom and dad’s health plan, the cost of medical care rises FOR EVERYBODY.  And at the same time the quality of health care goes up for EVERYBODY.

And that has had the result that people are getting kicked off health plans rather than all the lies Obama promised.

You don’t understand that everything you and your Democrats want to do – such as force businesses to raise the minimum wage whether they can afford to do so or not, whether they will cut their work forces or not, whether they will be forced to raise prices (which will reduce demand and thus reduce jobs) on poor people who buy from them or not – undermines the economy and hurts the very poor people Democrats dishonestly claim to be trying to help.  Back in 2009, I predicted that Obamanomics with its totalitarian dictate on employers to pay higher wages would be a holocaust for minimum wage workers.  And I was right.  And I just keep being more and more right as Obama’s devastating and disastrous impact on the economy spreads like the cancer that it is.

In order for the economy to create jobs, and create enough jobs to get America out of the hellhole Obama put it in, the government needs to step off employers’ throats.  Quit forcing them to do stuff they can’t afford to do and cover stuff they can’t afford to cover.  Cut their taxes so they have an actual INCENTIVE to create jobs.  And for that matter cut the damn welfare incentive so that working-age adults who ought to be ashamed of themselves if they were capable of that virtue have an actual incentive to start working.

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What Liberals ‘Helping’ The Poor REALLY Looks Like (Exactly Like A Slum).

February 14, 2013

Liberals – with the help of the most dishonest media since Joseph Goebbels’ Ministry of Propaganda in the good old Nazi days or Joseph Stalin’s TASS in Moscow’s heyday – have convinced most ignorant people (i.e., the majority of the American people) that they are the ones who care about the poor.

Bullcrap.

They’ll tell you that unless you believe in their socialism you’re not a real Christian.  Even as they demand that art that puts the cross of Christ in a jar of urine be publicly funded and even as they openly attack religion on virtually every level of culture.

Again, bullcrap.

Obama sure didn’t give a flying damn about the poor before he decided to break his promise and run for president after saying he wouldn’t.  Because prior to that, he didn’t give the poor butkus.  And as hard as it is to be more cynical and selfish and greedy than Barack and Michelle Obama, Joe Biden actually managed to pull it off.  Obama’s less than one percent charitable giving – you know, with his OWN money rather than forcing other people to “give” – looks pretty damn good compared to Joe Biden’s less than one-eighth of one percent.

How do Democrats get away with demonizing Republicans when there are ten demons in them?  It’s easy: they are as dishonest and as slanderous as they are hypocritical.  So Mitt Romney – who was actually incredibly generous with his own money – was slandered by the media propaganda as being greedy while Barack Obama who actually IS greedy was eulogized as somebody who care’s deeply about these people he didn’t give a penny to when it mattered.

That’s why it was so easy for the party of FDR, of JFK, for 2000 Democrat candidate Al Gore and for 2004 Democrat candidate John Kerry to demonize Mitt Romney because he was rich just like they all were.  When you combine the flagrant dishonesty of the Democrat Party and the flagrant propaganda of the leftwing elite media, you can get away with pretty much anything.

Michelle Malkin in her excellent book “Culture of Corruption” documented that Valerie Jarrett (Obama’s top adviser was a ruthless liberal slumlord in Chicago before she became a liberal saint in Washington.

That’s right.  A slumlord.

But the Chicago Way is all the rave now.  Which is why liberal psycho Major Bloomberg took the trick with him to New York:

How in NYC the Homeless Pay $3,000/Month to Live in Tenements
Posted on February 12, 2013

I read a lot of news every day.  It’s become my life and my passion.  Rarely do I come across a story of greed and corruption so absurd that I can’t believe my own eyes as they scroll the page.  This is one of those stories.

This takes the concept of slumlord to an entirely new level.  As New York City struggles to find shelter for its increasingly large homeless population, some landlords are paying off their rent-stabilized tenants in order to overcharge the city on rentals for the homeless.  In some cases, the rent ends up being as high as $3,000 a month for a tiny room without a kitchen or a bathroom.  Yep, you read that correctly.  So next time you wonder why you are paying so much money for your little box in the sky, you can thank America’s growing slumlord industry.  Prepare your jaw to remain open for the next couple of minutes.

From the New York Times:

The city’s Department of Homeless Services pays many times the amount the rooms would usually rent for — spending over $3,000 a month for each threadbare room without a bathroom or kitchen — because of an acute shortage in shelters for homeless men and women.

Indeed, the amount the city pays — roughly half that amount goes to the landlord, while the other half pays for security and social services for homeless tenants — has encouraged Mr. Lapes to switch business models and become a major private operator of homeless shelters. He is by most measures the city’s largest and owns or leases about 20 of the 231 shelters citywide. Most of the other shelters and residences are run by the city or by nonprofit agencies, but his operation is profit-making, prompting criticism from advocates for the homeless and elected officials.

The fact that these modest living spaces have such high rents opens a window on a peculiarity of the city’s overall homeless policy. That policy, which was put in place in response to court settlements in 1979 and 2008, requires the city, under threat of sizable fines, to find a roof immediately for every homeless person. It has given landlords willing to house the homeless leverage to dictate rental prices and other terms.

With the number of homeless people rising to 30-year record levels — over 47,216 people as of early this month, 20,000 of them children — the city has struggled to find landlords willing to accommodate a population that includes people with mental health and substance abuse problems.

Wait a minute. The number of homeless is at a 30 year high?  How could this be in the booming economic recovery we’ve got going?

Joyce Colon, a resident there who entered the homeless system in December, said she was shocked by the violence and prostitution in the building.

“For $3,000 I could have gotten an apartment, a down payment and a security deposit and some furniture,” Ms. Colon, 49, said. “The landlord is getting $3,000 and I’m getting nothing.”

Patrick Markee, a senior policy analyst for the Coalition for the Homeless, blamed the Bloomberg administration for the continuing use of private landlords to house the homeless, citing a policy not to give the homeless priority for public housing projects and Section 8 vouchers because of long waiting lists.

Of course Bloomberg has his little paws in this somehow.  Perhaps he should’ve thought about this instead of spending his time banning large sodas.

“The crisis that’s causing the city to open so many new shelters is mostly of the mayor’s own making,” he said. “Instead of moving families out of shelters and into permanent housing, as previous mayors did, the city is now paying millions to landlords with a checkered past of harassing low-income tenants and failing to address hazardous conditions.”

Welcome to the recovery.

Full article here.

In Liberty, Mike

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“We need to help those poor, poor people,” liberals say.

Because just like everybody else, the poor have way to much money for liberals to be happy unless they can steal it.

I’m a conservative, which means I don’t like slums.  And I sure don’t like the government creating them the way they’ve created Cabrini-Green and so many other thousands of hellholes.  Liberals love them and keep creating more and more and more of them and they get filthy rich doing it.  Because the more ignorant and the more oppressed and the more poverty-crushed and the more welfare-dependent and the more entitlement-demanding these desperate people are, the more they will vote for the people who are keeping them ignorant and oppressed and poor.

The fact of the matter is that conservatives are signficantly more generous with their own money and time than are liberals.

But the wolves have convinced the sheep that the sheepdogs are out to get them.  And now the sheepdogs are largely out of the wolves’ way.

P.S. Obama is nominating Penny Pritzker for Commerce Secretarywho happens to be the SAME Penny Pritzker who was at the EPICENTER of the sub-prime loan crisis that led to our housing collapse in 2008.  This same Chicago billionaire Penny Pritzker paid out a half million dollars in penalties (read “bribe money”) to the government to avoid being criminally charged like the common criminal Chicago thug she in fact is.  If I were a conspiracy theoriest, I would assume that Democrats literally intentionally created the 2008 collapse in order to take control of the government so they could REALLY destroy America from within the system.

P.P.S. Obama is a hypocrite who keeps showing the abject hypocrsiy of liberalism with his pick of Jack Lew to run the Treasury Department.  Remember how being rich and having investments in the Cayman Islands was really, really bad?  Well, that’s only true if the Cayman Island account holder happens to be a Republican; it’s FINE for Democrats.  But let’s also not forget that Jack Lew was actually heading up the unit at Citibank that was making huge profits betting that the Community Reinvestment Act-created housing bubble would colllapse and thus profiteering off of poor people.  And then there’s the fact that this turd accepted a nearly one million dollar “bonus” days before Citibank took BILLIONS in government bailout money.  Which is to say that Obama’s Treasury Secretary pick personally profitted from poor people being forced out of their homes into … slums.

I’ll leave it to the reader to decide whether Obama’s present pick for Treasury Secretary is better than the last one – who was a certified tax cheat being given the job to make sure that conservatives and Republicans paid “their fair share” of the taxes HE didn’t pay.

Barack Obama Is Bringing Americans Together – As ROOMMATES Because Rent In His Regime Is Too Expensive For People To Live Alone Anymore

May 18, 2012

Barack Obama is bringing America together.

No, he’s not doing it the way he deceitfully promised when he said he would transcend the political divide and that this wasn’t red states and blue states but the United States.  Obama lied like your floor rug on that.  He’s the most polarizing president in American history because he demonizes his opposition like no American president EVER did.  According to Obama, Republicans are people who crave dirty air and dirty water and celebrate every time a child is born with autism or Downs Syndrome.  And of course we should break America up into racial groups and those groups should “punish their enemies.”  No, rather, Obama is bringing Americans together in a very literal way: because Americans can no longer afford to live alone anymore.

This year about 30% of adults, 69.2 million people, are living in doubled-up households, compared with 27.7%, or 61.7 million, in 2007, according to a September report on income, poverty and health insurance from the Census Bureau.

The completely failed Obama presidency has done NOTHING to solve the housing mortgage crisis that actually caused the 2008 collapse.  If anything his failed policies have made that crisis WORSE and certainly stalled any hope that a free market be allowed to self-correct.

Maybe that was Obama’s plan: because he’s brought us together in a unique way.  Because of his failed presidency, more Americans than ever before are forced to live with a roommate because they can’t afford to pay “ObamaRent.”

Rents Keep Rising, Even as Housing Prices Fall
By MOTOKO RICH
Published: February 24, 2012

The housing market remains a potent drag on the economy as home prices continue to slip, foreclosed homes fill some neighborhoods and millions of construction workers scramble for jobs.

But one group is sitting pretty: landlords.

Unlike home prices, rents have been rising, up 2.4 percent in January from a year earlier, according to recent data, not adjusted for inflation, released by the Labor Department.

With few rental buildings erected over the last few years, available units are going fast. Nationwide, the apartment vacancy rate is down to 5.2 percent, its lowest level in more than a decade, according to the research firm Reis Inc.

[…]

“We are more of a renter nation than we have been for a while,” said Christopher J. Mayer, a professor of real estate at the Columbia University Business School.

It’s an interesting state of affairs: home values and prices are plunging because nobody can afford one or will take the risk of buying a home in this economically dying country.  But people – including poor people – have to live somewhere (at least until cardboard boxes and park benches start looking like better prospects): so rents are skyrocketing.

Obama has “fundamentally transformed” America into a nation of renters.  And more Americans are now forced to live with roommates than ever before:

Home Invasion! How Old Is Too Old for Roommates?
With apartments scarce, even settled, married couples are opening up their homes to strange bedfellows.
By Rachel R. White 5/09 10:55am

When Michelle, a writer working on a first novel, tells people her husband, Daniel, is a hedge fund manager, they often remark, “Oh, honey, you did well.” And she did. The recently married pair live in a large dazzling loft in Dumbo. They currently rent, though they’ve started looking at places to buy and are getting serious about a second home upstate.

But Michelle and Daniel’s living situation was dealt a serious blow by the economy when Hannah, Michelle’s friend from Columbia, found herself without a job or home. The couple gave her a place to crash, and Daniel found he had to navigate a new morning routine. He was careful to get dressed in the bedroom before venturing out to make coffee, and he learned to keep especially quiet as he pored over the Wall Street Journal and the Times before work, so as not to wake Hannah, dozing on the guest bed in the corner.

Thanks to stagnant employment rates and rising rent prices, such situations appear to be increasingly common. Browsing Craigslist for single-room listings that include the phrase “we are a couple” brings up 131 posts from the week of April 30–May 7 alone. Stephanie Diamond, founder of The Listings Project, an email resource for renters in New York City, says she’s also seen a rise in couples seeking roommates. So has Jonathan Miller, the president and CEO of Miller Samuel Inc., a real estate consulting firm. “More people are sharing rents—doubling up—whether with family or roommates,” he said.

Remember the new book Going Solo: The Extraordinary Rise and Surprising Appeal of Living Alone by NYU sociology professor Eric Klinenberg? Forget it. Mr. Miller calls the whole idea “bizarre,” pointing out that housing formation has lately fallen—which means that more people are actually living together.

Or – if you’re a college graduate who can’t find a job in Obama’s God damn America – live with your parents in their basement.  That’s what Obama meant when he said “hope and change,” you just didn’t read the fine print:

Survey: 85% of New College Grads Move Back in with Mom and Dad
By Erica Ho | @ericamho | May 10, 2011

The kids are coming home to roost.

Surprise, surprise: Thanks to a high unemployment rate for new grads, many of those with diplomas fresh off the press are making a return to Mom and Dad’s place. In fact, according to a poll conducted by consulting firm Twentysomething Inc., some 85% of graduates will soon remember what Mom’s cooking tastes like.

Times are undeniably tough. Reports have placed the unemployment rate for the under-25 group as high as 54%. Many of these unemployed graduates are choosing to go into higher education in an attempt to wait out the job market, while others are going anywhere — and doing anything — for work. Meanwhile, moving back home helps with expenses and paying off student loans.

The outlook isn’t sunshine and roses: Rick Raymond, of the College Parents of America, notes, “Graduates are not the first to be hired when the job markets begins to improve. We’re seeing shocking numbers of people with undergraduates degrees who can’t get work.”

Guess moving back home isn’t limited to philosophy majors anymore.

By the way, absolutely nothing has changed in the last year: an article that came out May 15, 2012 says the figure is STILL 85%:

Boomerang kids: 85% of college graduates must move back home
By Jessica Dickler | CNNMoney.com – May 15, 2012

Editor’s note: Politifactrecently called into question a survey cited in the 2010 CNNMoney article below. The survey, conducted by a company called Twentysomething Inc., found that 85% of college seniors planned to move back home with their parents after graduation. At the time, CNNMoney interviewed the head of Twentysomething, which today is no longer in business. A survey conducted by the Pew Research Center in December 2011 found that 53% of 18- to 24-year-olds are living with their parents or moved back with them temporarily during the past few years.

Getting a degree used to be a stepping stone to limitless career opportunities. Now it’s more of a hiatus from living under your parents’ roof.

Stubbornly high unemployment — nearly 15% for those ages 20-24 — has made finding a job nearly impossible. And without a job, there’s nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts. Meet the boomerangers.

“This recession has hit young adults particularly hard,” according to Rich Morin, senior editor at the Pew Research Center in DC.

So hard that a whopping 85% of college seniors planned to move back home with their parents after graduation last May, according to a poll by Twentysomething Inc., a marketing and research firm based in Philadelphia. That rate has steadily risen from 67% in 2006.

“It’s peaking at levels we have not seen before,” said David Morrison, managing director and founder of Twentysomething.

Mallory Jaroski, 22 graduated from Penn State University in May but has been living at home with her mother while looking for a job in press relations. “It’s not bad living with my mom, but I feel like a little kid. I have a little bed, a little room,” she says.

Jaroski thought she would stay for summer. But like many others, she’s found her stay becoming significantly longer.

College Students voted for Obama in huge numbers.  And now they’re getting what they voted for: the most wicked and wickedly failing president in American history.

Now a lot more Americans are living the “college lifestyle” thanks to Obama:

This year about 30% of adults, 69.2 million people, are living in doubled-up households, compared with 27.7%, or 61.7 million, in 2007, according to a September report on income, poverty and health insurance from the Census Bureau.

Late last year I wrote, “Housing Under Obama Worst Since Great Depression – With Poor And Minorities Most Screwed By ‘Hope And Change’.”  Last year i wrote, “Obama’s ‘Hope and Change’ In Action: Poverty At Highest Number In 52 Years Census Bureau Has Tracked It.”  It hasn’t got any better since.

As a result of Obama’s demonic demagogic class warfare policies that punish workers by forcing employers to cut their workforces, black people have been set back DECADES. And women are losing ground. Obama is HURTING the poor while falsely and cynically claiming to be helping them.  Here are four headlines about the very base that makes up the Obama constituency that I wrote about last year:

After decades of hard-fought progress, black economic gains were reversed in Great Recession

Hispanics’ Unemployment Rate Soars

Women Losing Ground as Jobs Crisis Rages

U.S. Youth Unemployment At Arab Spring Levels

And let me add one about the young people that Obama’s damn-fool policies have failed JUST AS CONSERVATIVES TOLD ANYBODY WHO WOULD LISTEN THEY WOULD:

Teen Unemployment Another Proof Of How Desperately Wrong Obama, Democrat Policies Are And How Much They Hurt Little People

I can CONTINUE to document that the “Democrats’ War On Poverty Has Been A War On America That Has Done NOTHING To Help The Poor.”  I can continue to document that thanks to Obama “Inflation Is Back On The Table As Part Of Obama’s ‘Hope and Change’ Misery Buffet.”

The ONLY reason the unemployment rate is going down is because three people continue to abandon any chance of ever getting a job for every ONE person who is able to actually get a job.

It is a fact that “Real Unemployment Is Skyrocketing With A Record 88 Million Working-Age Americans Out Of Labor Force In Obama’s God Damn America.”

It is a FACT that the “Rapidly Worsening Labor Participation Rate Is Now Lowest In More Than THIRTY YEARS Under Obama’s Failed Regime. PLEASE LOOK AT HISTORY!!!.”

So let me simply ask: “Where Are The Jobs, Obama You Liar???

Inflation Back On The Table As Part Of Obama’s ‘Hope and Change’ Misery Buffet

April 7, 2012

Obama loves the poor: that’s why he’s created so damn many of them.

In the God damn America of Barack Obama, the poor people that Obama promised his policies would save are (of course) unable to buy a house while watching their rents skyrocket.

They could live in their cars, but damn it’s too expensive for them to pay the regressive tax of Obama’s gas prices.

Of course, it used to be that you could always at least find a minimum wage job to help make ends meet – but Obama in his abundant compassion kept milions from that kind of drear and drudgery.

The thing is, Michelle Obama would never say, “Let them eat cake” and is frankly offended that cake is being wasted on the proletariet who clearly don’t deserve cake until November when it’s time to vote again.

There is a shocking increase in food prices:

As is often the case, there is a big difference between what the government statistics are reporting and what’s going on in the real world. According to the most recent inflation reading published by the Bureau of Labor Statistics (BLS), consumer prices grew at an annual rate of just 1.1% in August.

The government has an incentive to distort CPI numbers, for reasons such as keeping the cost-of-living adjustment for Social Security payments low. While there’s no question that you may be able to get a good deal on a new car or a flat-screen TV today, how often are you really buying these things? When you look at the real costs of everyday life, prices have risen sharply over the last year. For simplicity’s sake, consider the cash market prices on some basic commodities.

On average, our basic food costs have increased by an incredible 48% over the last year (measured by wheat, corn, oats, and canola prices). From the price at the pump to heating your stove, energy costs are up 23% on average (heating oil, gasoline, natural gas). A little protein at dinner is now 39% higher (beef and pork), and your morning cup of coffee with a little sugar has risen by 36% since last October.

Good thing Obama can use the same math to calculate inflation that he’s using to calculate his uemployment rate.  That way he and his media propaganda can keep assuring us that things are going just swell.

Mitt Romney sums up Obamanomics thus:

“Today, we have a different set of ailments. Instead of unemployment coupled with inflation, we have a toxic blend of unemployment, debt, home foreclosures, and bankruptcies,” he says. “Their sum total is what we can call the Obama Misery Index. It is at a record high. Indeed, it makes even the malaise of the Carter years look like a boom.”

Since a picture is worth a thousand words, I sum up Obamanomics this way:

I hope none of this is giving anybody a headache.  Because ObamaCare is all about dumping millions of patients into Medicaid – and doctors are fleeing Medicaid the way rats flee sinking ships.  And lifesaving drugs are becoming as scarce thanks to the brave new world of ObamaCare as bread was on the shelves of the former Soviet Union.

Democrats Keep Tax Cheat In Charge Of Tax Committee

September 17, 2008

Charles Rangel will be with us for some time to come, because the same Democrats who hounded one Republican after another out of office for nowhere NEAR the same level of corruption don’t seem to mind when their Chairman of their House Ways and Means Committee is a documented tax cheat, or when other members of the powerful tax committee are caught red-handed with $90,000 in their freezers.

Rangel is under fire for using a rent-subsidized apartment as a fundraising office, failing to pay taxes on income from a Dominican Republic villa he owns and using his House stationery to solicit donations to a school at the City University of New York that is to be named in his honor.

Republicans also accused him Tuesday of violating new House rules on earmarks by failing to put his name on funding for a rail connection between Manhattan and Kennedy International Airport.

House Speaker Nancy Pelosi said, “Democrats are leading the effort to turn the most closed, corrupt Congress in history into the most open and honest Congress in history.” She liked the ring of her own asinine ideology so much she said it again and again with varying iterations. “The Democrats intend to lead the most honest, most open, and most ethical Congress in history.”

To coin a phrase from a speech that Barack Obama plagiarized: It’s “Just words.”  Why do the right thing when it’s easier to say the right thing and then do whatever brings in the bacon?

Today “the most honest, most open, and most ethical Congress in history” has two proven low-life slime balls writing our tax laws.  At this point the shocking revelation would be that there was an honest Democrat on the House Ways and Means Committee.

To quote the former official “spiritual mentor” of the Democratic Party, this is a case of “the chickens coming home to roost.”  And may they leave their droppings all over Nancy’s favorite pant suit.

The next time some Democrat offers a finger-wagging lecture of how the rich “ought to pay their fair share,” just imagine the face of Charles Rangel, the powerful Democrat who cheats on his own taxes while he writes tax laws for everyone else.  And – to put it into the typical rhetoric of Democrats – just think of all those poor children who will go hungry and neglected because Charles Rangel wanted to keep money he owed in taxes in his own pocket instead of helping them.