Why Fox News never broadcast it as they originally planned to.

  Now we know why Fox News never broadcast it as they originally planned
to.   

I encourage you to please send this to everyone on your email list ASAP.

•  Remember all the notices we kept getting to watch Fox News on Sunday at 9PM?  What Happened?
• This is the clip that got pulled due to pressure from the Administration.
• Obama Puts Heat on Fox News to Prevent Sean Hannity airing this piece. 
• This is a video that Sean Hannity of FOX News has been trying to show that we are told has consistently been blocked by the Obama Administration for several weeks.

*Watch it now before it gets pulled from the internet! *

http://www.youtube.com/watch_popup?v=tCAffMSWSzY#t=28

$16 Million Per Job Created ...

Nevada Solar Company     The Solar thing just got a little more interesting.......REALLY!     The Tonopah Solar Company in Harry Reid's Nevada is getting a     $737 million loan from Obama's DOE.     The project will produce a 110 megawatt power system and employ     45 permanent workers.     That's costing us just $16 million per job.     One of the investment partners in this endeavor is Pacific     Corporate Group (PCG).     The PCG executive director is Ron Pelosi who is the brother to     Nancy 's Pelosi's husband.     Just move along folks.... nuthin' goin' on here. EVERY AMERICAN SHOULD KNOW HOW THEIR MONEY IS BEING STOLEN!  FORWARD THIS TO EVERYBODY

Do you have a gun in your House?

Less said the Better!!!

Do you have a gun in your House?  

 

When I had my gangrene gallbladder taken out and spent 10 days in the hospital for what should have been an overnight stay the insurance company kicked me out.  I had home nurse visits for two weeks and was asked if I had guns in the house.  I respond that if I did I would not tell them.  So the below has some merit.  

 

FYI, I am passing this along...there are comments from two other people that have also been asked if they keep guns in the house.

The nurse just kinda slipped it in along with all the other regular questions.  I told her I refused to answer because it was against the law to ask.  

Everyone, whether you have guns or not, should give a neutral answer so they have no idea who does and who doesn't.  My doctor asked me if I had guns in my house and also if any were loaded.  I, of course, answered yes to both questions.  Then he asked why I kept a loaded gun close to my bed.  I answered that my son, who is a certified gun instructor and also works for Homeland Security, advised me that an unloaded, locked up gun is no protection against criminal attack.  

The Government now requires these questions be asked of people on Medicare, and probably everyone else.  

Just passing this along for your information:

I had to visit a doctor other than my regular doctor when my doctor was on vacation.  One of the questions on the form I had to fill out was:  Do you have any guns in your house?

My answer was None of your business!!  

So it is out there!  It is either an insurance issue or government intervention.  Either way, it is out there and the second the government gets into your medical records (as they want to under Obamacare) it will become a major issue and will ultimately result in lock and load!!  

Please pass this on to all the other retired guys and gun owners...

Thanks, from a Vietnam Vet and retired Police Officer:  I had a doctors appointment at the local VA clinic yesterday and found out something very interesting that I would like to pass along.  While going through triage before seeing the doctor, I was asked at the end of the exam, three questions: 

1. Did I feel stressed? 

2. Did I feel threatened?

3. Did I feel like doing harm to someone?  

The nurse then informed me, that if I had answered yes to any of the questions, I would have lost my concealed carry permit as it would have gone into my medical records and the VA would have reported it to Homeland Security.  

Looks like they are going after the vets first. Other gun people like retired law enforcement will probably be next.  Then when they go after the civilians, what argument will they have? 

Be forewarned and be aware.  The Obama administration has gone on record as considering veterans and gun owners potential terrorists. 

Whether you are a gun owner, veteran or not, YOU’VE BEEN WARNED!  

If you know veterans and gun owners, please pass this on to them.  Be very cautious about what you say and to whom.

United States to Lose $25 Billion on Auto Bailout

United States to Lose $25 Billion on Auto Bailout

August 15, 2012

The Treasury Department says in a new report that the federal government expects to lose more than $25 billion on the $85 billion auto bailout. That's 15 percent higher than its previous forecast, says Detroit News.

• In a monthly report sent to Congress, the Obama administration boosted its forecast of expected losses by more than $3.3 billion to almost $25.1 billion, up from $21.7 billion in the last quarterly update.
• The report may still underestimate the losses.
• The report covers predicted losses through May 31, when General Motors' (GM) stock price was $22.20 a share.
• Recently, GM stock fell $0.07, or 0.3 percent, to $20.47.
• At that price, the government would lose another $850 million on its GM bailout.

The government still holds 500 million shares of GM stock and needs to sell them for about $53 each to recover its entire $49.5 billion bailout. At the current price, the Treasury would lose more than $16 billion on its GM bailout. The steep decline in GM's stock price has indefinitely delayed the Treasury's sale of its remaining 26 percent stake in GM. No sale will take place before the November election.

The Obama administration initially estimated it would lose $44 billion on the bailout but reduced the forecast to $30 billion in December 2009. But the recent estimates are not as optimistic as last year.

• The Treasury Department said in a May 2011 report that its estimate of auto bailout losses was $13.9 billion.
• The Congressional Budget Office (CBO) also estimates a $14 billion loss.
• The CBO has written off $8 billion of the government's auto bailout as an unrecoverable loss.

Source: David Shepardson, "Treasury: U.S. to Lose $25 Billion on Auto Bailout," Detroit News, August 13, 2012.

States' Hidden Jobless Woes

States' Hidden Jobless Woes

August 3, 2012

The nation's high and stagnant unemployment rate (which is now hovering at 8.2 percent) has been the primary focus of policymakers in addressing economic problems. 

While the unemployment data captures the woes of many citizens, it overlooks the hidden problems that face American workers, says the Wall Street Journal.

There are several reasons why the unemployment rate doesn't tell the whole story.

• For starters, it doesn't take into account the underemployment rate, which refers to people who want jobs with more hours but cannot get them.
• Underemployment is nearly as serious as unemployment in that people who are underemployed often do not make enough to sustain themselves or their families.
• Furthermore, the unemployment rate doesn't take into account those who stopped looking for a job in the past four weeks because they felt discouraged about the lack of opportunities.
• Among the 50 states, the average unemployment rate is 8.5 percent while the underemployment rate rests much higher at 15.3 percent. [that means that over 23.8% of Americans are unable to sustain their families]**

According to the Labor Department, much of this economic damage is concentrated among a small number of states.

• Some states, like Massachusetts, have unemployment and underemployment rates that are far below the states' average (6.6 percent and 13.5 percent, respectively).
• California, on the other hand, is in a much less friendly economic situation: it is saddled with an unemployment rate of 11.2 percent and an underemployment rate that is nearly twice as high.
• Similarly, Nevada faces a 12.3 percent rate of unemployment and 22.1 percent underemployment.

California is particularly important because it represents one of the nation's highest unemployment rates and underemployment rates while accounting for 13 percent of the nation's gross domestic product, making it critical to the success of the country as a whole. With four cities in California filing for bankruptcy or at least discussing the possibility, these joblessness concerns are not encouraging.

However, the most recent data does contain some good news. Underemployment rates are going down, and over the long term the prospects of finding a job for those that are underemployed or discouraged are expected to improve.

Source: Neil Shah, "States' Hidden Jobless Woes," Wall Street Journal, July 30, 2012.

For text:

http://online.wsj.com/article/SB10000872396390444130304577559533513956286.html?KEYWORDS=california

** comment inserted by blogger 

------------------

As the November election date arrives, ask yourself one question:  Are you and your family better off than you were 4 years ago?

Obama Policies Hurt Less-Skilled Workers Most

Obama Policies Hurt Less-Skilled Workers Most

August 13, 2012

Americans on the lower rungs of the economic ladder have not fared well on President Obama's watch, say Michael Cox, former chief economist at the Dallas Federal Reserve and director of the Center for Global Markets and Freedom at Southern Methodist University, and Richard Alm, writer-in-residence at the center.

• In the Obama years, high school dropouts have faced unemployment rates of 14 percent or more, well above the 8 percent of previous administrations.
• Wages for these workers had been rising, but they've stagnated under Obama.
• The record is similar for high school graduates, who are doing much worse under Obama than under previous administrations.

Intended or not, Obama's policies have been tilted toward the better-off segment of society, which suggests he's a practitioner of trickle-down policies that haven't had much trickle down. But it's important to understand why Obama's policies have left low-income workers in the lurch.

• Not surprisingly, the key is job creation.
• If salary plus benefits are too costly, firms will not hire.
• Too often, taxes and government-mandated benefits saddle firms with substantial hiring costs, blocking firms' incentive to hire.

The Obama administration has imposed new burdens on the job-creating process. Perhaps the best example is the Affordable Care Act (ACA), which, among other things, forces employers with 50 or more workers to provide high-priced health insurance for their workers. It doesn't go into full effect until 2014, but companies already have to take its provisions into consideration in their planning and hiring decisions.

The ACA places a higher burden on low-wage workers. How so?

• Median weekly wages of high school dropouts are $400 to $500.
• Workers with bachelor's degrees earn $1,100 to $1,200.
• The cost of health care is pretty much the same regardless of the workers' wage levels, but $100 more a week represents a lot steeper wage increase for a $450 worker than a $1,150 one.

Over time, employers might incorporate the $100 cost into the high-income employees' pay, but for low-income workers, doing this may be constrained by the minimum wage and other factors.

Result: The cost of low-skilled workers rises relative to higher-skilled employees. Companies will adjust their business plans to use less low-skilled labor.

Source: W. Michael Cox and Richard Alm, "Obama Policies Hurt Less-Skilled Workers Most," Investor's Business Daily, August 9, 2012.

Economic Recovery Is Weakest since World War II

Economic Recovery Is Weakest since World War II

August 20, 2012

America is slowly recovering from a hard-hitting recession that ended three years ago. 

Since World War II, 10 U.S. recessions have been followed by recoveries that lasted at least three years. However, the current economic recovery has been the slowest compared to all the other cases of post-recession growth. In fact, economic growth has never been weaker in postwar recovery, consumer spending has been slack and only once has job growth been slower, says the Associated Press.

The data show just how feeble growth has been since the end of the recession.

• America's gross domestic product grew 6.8 percent in the first three years after a postwar economy, compared to 15.5 percent in the eight other cases analyzed.
• Investment in housing, which grew an average of 34 percent in other cases of postwar recovery, has only grown 8 percent in the past three years.

The poor growth has also directly affected consumers and job-seekers.

• Consumer spending has grown 6.5 percent three years into recovery compared to the average growth of 14 percent in other instances of postwar recovery.
• Additionally, the current economy has created about 4 million jobs -- about 46 percent of jobs lost due to the recession. In the previous eight recoveries, the economy gained an average of 350 percent of jobs lost.
• Wages have also fallen 0.8 percent in this recovery compared to the average 1.5 percent increase in previous cases.
• The money Americans earn from interest payments fell from $1.4 trillion in 2008 to $1 trillion last year, a drop of 27 percent.

Source: Paul Wiseman, "Economic Recovery Is Weakest since World War II," Associated Press, August 15, 2012.

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Come this November answer this one question before you vote:  Are you and your family better off now than you were 4 years ago?    

The United States of Dependency?

August 14, 2012

New reports suggest America is not only hurting economically under President Obama, but also on a dangerous road to fiscal decline and growing dependence on government, says Investor's Business Daily.

Here are just a few recent reports about the alarming growth in dependency:

• In the second quarter of 2011, 107 million Americans were receiving some kind of government welfare -- not including Medicare or Social Security -- according to a new study from the Senate Budget Committee. That's up from 97 million just over two years ago.
• In the last three months, more people have applied for Social Security disability payments than found jobs in the private sector, federal data show.
• A new economic study says almost half of Americans die with less than $10,000 in assets -- a sad comment on how government has displaced personal initiative and private savings in preparing for retirement.
• In today's federal budget, 70 percent of all spending now goes to aid for individuals such as housing, food, income, student aid or other forms of welfare.
• Still another study estimates that total U.S. long-term debt now stands at $211 trillion, up $11 trillion in just one year, thanks to growing red ink from out-of-control entitlement spending.

The trends have been growing for some time and must be stopped before it is too late.

Source: "The United States of Dependency?" Investor's Business Daily, August 9, 2012.

The Hidden Flaw of 'Energy Efficiency'

The Hidden Flaw of "Energy Efficiency"

August 24, 2012

Policies that increase energy efficiency have been implemented all over the world. The theory is that new technologies will lower energy bills for consumers, increase profits for producers, and have a positive impact on the environment. In practice, however, there seems to be undesired consequences, says Robert J. Michaels, a professor of economics at California State University, Fullerton, and a senior fellow at the Institute for Energy Research.

Efforts to make energy efficient will experience the "rebound dilemma," according to a recent Energy Institute Research survey.

• For example, energy efficient technologies mean that people can consume more goods that use electricity and businesses will use more energy creating them.
• Indeed, families that had one air conditioning unit may choose to install a central unit because energy has become more efficient, yet the energy output remains the same.
• Moreover, a factory that may get an energy efficient technology wouldn't discard the inefficient one. Rather, the inefficient machine would likely be used in a lesser-developed country.

Mexico's cash-for-coolers program provides policymakers with an example of the rebound dilemma.

• The program subsidized the swapout of inefficient air conditioners and refrigerators with efficient ones.
• A World Bank study claimed that the new refrigerators would use 30 percent less energy.
• However, a University of California Energy Institute study found that energy consumption was cut by only 7 percent.
• This was because people decided to buy bigger refrigerators or use their new air conditioners during the hot summer months.

Energy efficiency programs do not produce their desired effects and are costly endeavors.

Source: Robert J. Michaels, "The Hidden Flaw of 'Energy Efficiency'," Wall Street Journal, August 20, 2012.