Friday, August 05, 2011

Good times, good times: There's nothing like a Chicago 'coincidence'

Thank goodness our leaders in Washington don't come from the cesspool of corruption that is Chicago.

Daley charity got $6.5M city contract just 4 days before Mayor Daley left office


[Chicago's latest] particularly wonderful coincidence ... involves After School Matters, a charity that provides programs for teenagers; Chicago mayors current and past, and a $6.5-million city grant

...The agency [After School Matters] — chaired by Maggie Daley, wife of former Mayor Richard M. Daley — for years has been known informally as the unofficial City Hall charity.

...The city's vendor, contract and payment information site indicates the group was awarded a new, $6.5-million city grant on May 12 -- four days before Mr. Orozco's former boss Mr. Daley left office.

The contract actually was signed on May 2 by then-Budget Director Eugene Munin in what must have been among his last official acts.

A wonderful coincidence, no? After School Matters gets a grant agreement worth up to $6,480,000 "to support ongoing summer jobs and after-school programs for youth" just four days before Rahm Emanuel is sworn into office, vowing to search high and low for potential cuts to balance a budget that's $635 million in the red.

Well, it's good to know that Chicago can afford a meaty, useful program like... whatever it is the ex-Mayor's wife runs.


Unemployment drops 0.1% thanks to uptick in Stripping-copper-from-abandoned-buildings and Prostitution sectors

Earlier today the Bureau of Labor Statistics released the long-anticipated jobs report for July. On the surface, the news was good: the official unemployment number (U-3) dropped from 9.2% to 9.1%. But a closer inspection revealed the cockroaches that infest the ongoing Obama depression:

• U-3 went "down" because a record number of workers were statistically removed from the workforce

• The employment-to-population ratio hit 58.1%, the lowest since 1983

• 44% of unemployed Americans, or 6.2 million people, have been seeking work for more than six months

• The actual number of employed persons (by Household Survey) declined by 156,000

• Those dropping out of the labor force rose by 374,000

• Were it not for people dropping out of the labor force for the past two years, the official U-3 unemployment rate would be well over 11%

• While the "official" unemployment rate is an unacceptable 9.1%, the true U-6 unemployment rate is much higher at 16.1%

Tyler Durden observes:

[The] average length of unemployment ... just hit a new all time high of 40.4 weeks in July, up from the previous record of 39.9 in June. Someone should tell the average American who is rapidly approaching one year in average unemployment that the stock market soared on good payroll news. They will be delighted.

There was one real bright spot in hiring: government employment decreased by 37,000.


Larwyn's Linx: Is Obama Doomed? And: will he even bother running?

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Nation

Is Obama Doomed? And: will he even bother running?: Ace
Obama should make Black Americans have second thoughts: RWN
Selling the Deal: Hewitt

He's not a Marxist, he's a Leninist: RWN
U.S. Communists amp up violent rhetoric: WZ
DeMint battles for future of Senate leadership: Hill

Economy

The Steve Urkel-ization of the economy, redux: Malkin
Report: Regulations Costs U.S. $1.75 Trillion Annually: GWP
Fauxsterity: Largest One-Day Debt Bump in History: Malkin

Debt deal could cut funds to Obamacare: Toldjah
Leftists attack business for anti-Obama jobs bash: RWN
Daley charity got $6.5M contract days before Daley left: ChiBiz

Taxpayers will pick up tab for Obama's battleground bus tour: GWP
ObamaCare is Medicare Windfall for Massachusetts Hospitals: WZ
CA coalition urges feds to reject Brown's Medicaid cuts: Hill

Climate & Energy

Lisa Jackson is Using the EPA to Destroy the Coal Industry: RS
Pawlenty does a complete reversal on global warming: AmSpec
Before Pipeline Explosion Calif. Utility Spent Millions on Political Campaigning: RWN

Media

Infographic: New Tone: Real M. Reyonds
And Yet More Liberal Civility -- Update: She Doubles Down: Ace
Why the New York Times blacked out the Biden terrorist comments story: Hot Air

'The Summer of 2011 is the Summer of Obama': Ace
Al Gore: We need an American ‘Arab spring’: DC
Media Matters Puts Tax-Exempt Status in Jeopardy: FoxBiz

Obama’s Approval Hits All-Time Low Among Poor: CNS
MSNBC's Breakthrough to "Appointment Television": AmDigest
Tapper Peppers Carney: What Is Obama Doing To Create Jobs?: RCP

World

Brian Terry: Semper Fidelis & Honor First: Hayward
Another Islamist Soldier Turns Terrorist in Texas: Pipes
Documents: Feds allegedly allowed Sinaloa cartel to move cocaine into U.S. for information: El Paso Times

How to Fight a Blood Libel: Knish
Egypt’s Largest Newspaper Throws Its Support Behind Sharia-Based State: WZ
Report: Number Of Executions Carried Out By Sharia Courts Increases For Third Straight Year: WZ

Sci-Tech

Hackers Take $1 Billion a Year from Company Accounts Banks Won’t Indemnify: Bloomberg
Why you should think twice about buying a new BlackBerry: CNet
When patents attack Android: Google Blog

Cornucopia

Dow Jones plunges 512 points; but don’t worry, President Obama’s birthday parties unaffected: Instapundit
Something Fascinating: "What Is Video?": AmDigest
Casey Anthony spotted shopping in Ohio: Post

Image: Weasel Zippers
Today's Larwyn's Linx sponsored by: Please support Jim DeMint's Senate Conservatives Fund

QOTD: "The only way for Obama to stimulate the enormous private sector job growth needed to ensure Obama’s reelection is for Obama to announce he is not running for reelection, which would unleash a wave of investment and economic activity not seen since the Great Depression." --Prof. William Jacobson

Thursday, August 04, 2011

'Mister, we could use a man like Herbert Hoover, again'

Have I mentioned that he's historic?

The National Bureau of Economic Research's Business Cycle Dating Committee has collected data on every American recession since the 1850s... [And] since 1854 there have been twelve recessions (out of 33 total) that lasted at least as long as our "Great" one.

Which means that there was ample historical opportunity for a president to preside over a terrible economy, and there are many possible candidates for the worst presidential economic record in modern American history.

...It is perhaps no surprise that Herbert Hoover's job-creation record is the worst, since his first two and a half years encompassed the dawn of the Great Depression. But it is surprising, given how terrible recessions were before World War I, that Barack Obama is solidly entrenched in second place. During his first two and a half years, employment has dropped about half a percentage point. Other than Hoover and Obama, no modern American leader has presided over negative job growth for a comparable period.

Obama's supporters might suggest that the jobs picture would have been far worse without the president's big-government, high-regulation policies. But past presidents were far less ambitious in hard times, and saw far better results. To put that in perspective, consider that government spending has increased relative to GDP by 3.1 percentage points under President Obama. In 1900, total federal spending was 3.1 percent relative to GDP.

Our great-grandparents may have seen worse recessions than we have, but they did not see a worse president.

President Obama's regulatory bureaucracies are now costing the economy $1.75 trillion a year -- or double the amount of all individual taxes the federal government collects.

And, good news, pilgrims: the White House added 608 new regulations in July alone!

But look on the bright side: Obama could have banned automobiles and private doctors altogether!


Hide the kids: Casey Anthony spotted on the loose in Ohio

What she's doing in Columbus, Ohio is anyone's guess.

...Anthony is putting together her new life three years after the sickening disappearance and death of little Caylee.

The adorable child was just shy of her third birthday when she vanished and was later found buried in a shallow grave -- a horrific incident that prosecutors pinned on the girl's hard-partying mom.

Jurors on July 5 cleared Casey Anthony of murder, and only nailed her for lying to cops.

She was sprung from jail on July 17, and hadn't been seen -- until now.

I, for one, believe she was unfairly accused of murder. Much like another innocent named O.J. Simpson.


Top 10 Never-Before-Seen Obama 2012 Banner Ads











Hat tip: Topsy.

Reaction o' the Day

Spotted at The Right Scoop's Twitpic feed.





Still Life From Yet Another Recovery Summer

President Obama no longer blames his predecessor for the continued economic malaise; he now assigns responsibility for the ongoing depression to the Japanese Tsunami, the European debt crisis, and global warming climate change.

Remember this quote from more than a year ago? "I will not rest until every American who is able and ready and willing to work can find a job -- and a job that pays a decent wage, and a job that has decent benefits, and is able to support a family... but we're heading in the right direction... we're headed in the right direction... and we can't go backwards, we must go forward."

Yes, forward... right off the cliff.

Of course, given the 608 new regulations issued by the Obama administration in July alone, I'm pretty sure the president has been kidding all along.


ABC's Jake Tapper shreds Jay Carney on President Obama's abysmal jobs record and inattention to the unfolding economic catastrophe

Where is the President amidst the stock market meltdown and the worsening employment situation?

CARNEY: ...we believe that growth and job creation will continue.

TAPPER: Well, what is the president doing? We know that he went to a -- -- he went to fundraisers last night. What's he doing today?

CARNEY: Jake, that is --

TAPPER: What is he doing --

CARNEY: The president -- as the president has worked --

TAPPER: We hear him hectoring Congress about all the stuff that needs to be done to help create jobs --

CARNEY: That's right. And Congress --

TAPPER: -- and then he flew off to Chicago. What is he doing today?

CARNEY: The president is having meetings with his senior staff. The president has called on Congress to move quickly on things that have bipartisan support and are in Congress's lap, the trade --

TAPPER: The same stuff he was doing a couple months ago, calling on Congress to pass things.

Jake, Jake, Jake: the President is busy. He's busy playing golf, shooting hoops and fundraising. Not necessarily in that order.

He can't be expected to divert his attention from the daunting task of raising the $1 billion in propaganda money he'll need for the 2012 election.


Larwyn's Linx: The Case of the Missing President

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Nation

The Case of the Missing President: RS
Obama: Still the Alinskyite: Kurtz
Pop Quiz: What do all these pics share in common?: WZ

Obama's 50th B-day Party: for Millionaires and Billionaires: Dossier
Leftists protest Obama birthday bash: Marathon
Unions outraged Obama's birthday bash is non-union: GWP

The Loser in the Debt Farce: RWN
Obama: I’m not even halfway done: LI
Obama’s New Jobs Plan: Taxpayer-Funded Bus Tour: C4P

Economy

Back to Big Government Spending as Usual: Malkin
Employee Free Choice Act becoming law: Carter
The Next Bank Bailout Bloodbath Is Here: Insider

Wisconsin, next week is Recall Week: LI
Sgt. Schultz: 'We've really begun to turn the economy around!': RCP
Reid can't keep labor bureaucracies straight: DC

Climate & Energy

Another Day, Another Job-Killing EPA Initiative: IBD
Dying Cult: 69% Believe Globull Warming Data Likely Falsified: RWN
Number of Chevy Volts sold last month: 125: Hot Air

Media

My email to Charles Lane of the Washington Post re: the ‘Tea Party = Terrorists’ Meme: Zombie
Despite Post-Giffords Rants, Left Hasn't Toned Down Its Own Violent Rhetoric: NB
The New York Times Is Officially Bankrupt: Driscoll

WaPo’s Coverage of Obama’s 50th Birthday Pretty Much What You’d Expect: Driscoll
Arianna Huffington: Nobody Believes Obama's Top Priority Is Jobs - It's Getting Reelected: NB
Joe Biden compares the Tea Party to terrorists. Is this the most crass, partisan presidency in decades?: Telegraph

The top 10 most obnoxious quotes from Bill Maher: RWN
Media: Halliburton Paid Dick Cheney to Commit Rape in Iran: Coulter
America Held Hostage: 41% Self-Identify as Extremist Fringe Tea-Bagging Terrorists: JWF

World

The Real War, Ignored as Usual: Ledeen
Hillary Clinton to host OIC to discuss ‘defamation of Islam’ implementation: Creeping
DHS Red Cell Report: How Terrorists Might Infect U.S. Poultry With Bird Flu: PubInt

Palestinian 'Head of State' at the U.N. -- Get Ready for the Statehood Steamroller: Bayefsky
“Experts” on Cuba and “Presidents” of Cuba: Babalu
Ohio: 18 church web sites hacked telling Christians to convert to Islam: Creeping

Sci-Tech

Revealed: Operation Shady RAT: McAfee
Are you over-paying for smartphone data?: CNet
GOOG slams Apple and MSFT, claims 'hostile, organized campaign' waged through 'bogus patents': Engadget

Cornucopia

Top 10 Obama Birthday Party Games: Malkin
11-year old girl saves woodpecker, now faces jail time: BlogProf
Debt Deal Comics: SHN

Memorial to American Federal Agent Killed by Obama/Holder “Operation Fast and Furious” Gun: Uncoverage
Bubba Smith, NFL Star & Police Academy Actor, Found Dead: RightPundits
You Know You're a Liberal If...: Sondrakistan

Image: Lars Larson
Today's Larwyn's Linx sponsored by: Obamanomics Hits Home

QOTD: "The Commerce Power is expansive. But PPACA’s mandate stretches beyond dictating how a product may be produced, distributed, exchanged, or consumed. The mandate actually compels that a transaction occur – the purchase of health insurance, which cannot legally be acquired across state lines. Neither an act nor an interstate market exists to be regulated. Essentially, the PPACA mandate is regulatory bootstrapping. Congress forces someone to engage in commerce so it can regulate the activity under the Commerce Clause." --Robert A. Levy, writing at SCOTUSblog

Wednesday, August 03, 2011

The Obama depression continues apace: food-stamp use soars... again

It's almost as if our beloved president wants to increase government dependency...

...the just announced jump in foodstamp usage of over 1.1 million is entirely out of the blue, and as the chart below shows, is the highest single monthly jump in Foodstamp participation since mid 2009, when eligibility requirements were adjusted. Yes, that's 45.8 million people (obviously an all time record) living on foodstamps which amount to the whopping $133.80 per person (an increase of $0.54 M/M) and $283.65 (an increase of $1.29) per household...

But wait, there's more. Digging into the numbers reveals something pecuiliar: virtually the entire surge in monthly SNAP participation is due to one state alone: Alabama, which saw those living on foodstamps jump from 868K to 1.762MM. That's 36% of Alabama's population. Is this merely a grand rehearsal for the Jefferson County bankruptcy? Did the state see a mass surge in foodstamp use as hundreds of thousands are trying to game the system in advance of what will be an apic Chapter 9? And if yes, what does that mean for all the other states which will promptly follow in the footsteps of Jefferson County, and for US foodstamp participation?

Which begs the question: will Obama be the first president under whose rule total foodstamp usage hit 100 million? Surely, by then there will be a Nobel price for destroying one's middle class better and faster than any communist in the history of the world, so at least there will be something to memorialize it with.

Hey, everyone says he's "historic", and this is just another data-point.


My health club ID card

Presented without comment.




The new Obama 2012 banner ads are here!





Great news: all out civil war breaking out on our unprotected southern border between Mexican military and drug cartels

Stratfor Research reports that a gunbattle broke out yesterday in Nuevo Laredo, Mexico. The combatants were the Mexican military and members of the powerful Los Zetas cartel.

Nuevo Laredo is right across the border from Laredo Texas.

You know what I would do if I was Eric Holder?

I'd implement a 3-step plan:

prosecute American citizens interested in protecting their states from drug- and human-smuggling crime cartels...

arm Mexican drug gangs with heavy weapons...

• and try to touch off a refugee crisis that would send thousands of 'undocumented Democrats' into southern states to help influence the 2012 election cycle

Do I have that about right?


Chart o' the Day: The Debt Ceiling Deal Crap Sandwich

The federal government must now borrow about $125 million an hour -- 24 hours a day, seven days a week -- to fund its out-of-control spending. And the vaunted "debt ceiling deal", despite Democrat claims that it "slashed" discretionary spending, actually cut only $7 billion from the bloated, cellulite-ridden federal bureaucracy.

How much is $7 billion in the grand scheme of things?

The green segment represents the $2,627 billion in anticipated federal revenue for 2012. The red represents the amount of money the government spends that must be borrowed from suckers investors. And the blue depicts the amount of the vast, slashing cuts to discretionary spending.

What's that? You say you can't see the blue? Let's zoom in:

Hmmm. Still can't see the blue too well. Let's magnify the pie by 100.

The EPA is unleashing reams of regulation, killing jobs in mining, trucking, energy production, and farming. The NLRB is busy suing businesses to prevent them from opening factories in right-to-work states. Eric Holder is busy suing states that are trying to protect citizens from a veritable invasion of illegal aliens. And the failed "Stimulus" program is still built into the baseline budget, funding $315 stainless steel trashcans for bureaucrats.

But there's nothing to cut!

Because John Boehner's peerless strategery saved America from default. Or not.


Larwyn's Linx: Why there is no left-populist movement

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Nation

Why there is no left-populist movement: Moe Lane
Fringe Extremist Obama Sues to Block Alabama Immigration Law: JWF
SCOTUSblog Tackles Obamacare: Cato

Courage to Stand, Courage to Sacrifice: NoisyRm
Tea Party Will Tour WI In Support Of GOP Facing Recalls: NiceDeb
Beware The 'Supercommittee': IBD

Economy

This Chart Says It All: P&F
Union Member Fined $300K Just for Finding Work!: STACLU
Obama Dedicates Another $95M To 'Social Equity' Program: JW

The Evil of Benevolence: PJM
Food Fascists: Hot Dogs Are Just as Bad as Cigarettes: RWN
Gird Your Coins: QE3 On the Way?: Malkin

Economic destruction by Commerce Clause – farm equipment edition: LI
Fiscal Conservatives Barred from Supercommittee: WS
A Modest Proposal for a Series of New Taxes: Wizbang

Climate & Energy

White House budget office raised risk on big solar loan guarantee: iWatch
Climate Thuggery: WUWT
More Mother****ing Child Abuse From The Dept. Of Edu.: Soylent Green

Media

Obama presser, summarized: Protein
Hey, President Obama: Where have all the civility police gone?: Malkin
Obsessed Much? Chaz Has Written 10 Posts Attacking Pam Geller Since the Norway Massacre: AmPower

Will ObamaCare Cover What Krugman's Smoking?: Reason
If Liberals Are Going To Call Us Terrorists….: RWN
HuffPo Smears Breitbart, Fails, Owes Apology *UPDATE: HuffPo Retracts, Apologizes: Loesch

Jonah Goldberg, In Fine Form: RSM
Heh: 'Million Teacher March' Falls 992,000 People Short: BlogProf
Fox News Continues to Dominate Cable Ratings: Glob

Paul Ryan Slams Obama in Wall Street Journal Op-Ed: WS
From “Astro Turf” to “Terrorists”: A timeline of Obama Administration hatred of the tea party movement: ATR
Ayn Rand Was Right: Wealthy Are on Strike Against Obama:BG

World

China Boldly Goes (Again) Where Moody's Has Never Gone Before, Downgrades US From A+ To A: ZH
Bin Laden Family To Be Key Partner In Building World's Tallest Skyscraper: Rhymes
Egyptians Turn Against Liberal Protesters: WSJ

Politicized Obama DOJ Finally Sues Alabama Over Illegal Immigration Law: RWN
Illinois' Bad Dream: IBD
Red, Delicious, and Rotten: How Apple conquered China and learned to think like the Communist Party: Foreign Policy

Sci-Tech

Is Amazon.com the Most Innovative Company in Tech?: Fool
Why Google is Winning the Smartphone Wars: Forbes
Florida Sea Turtle With Shattered Shell Saved by Orthodontist, Veterinarians, Biotech Firms: ABC

Crony Capitalists Back Monopoly: House members voice support for proposed AT&T, T-Mobile merger: Hill
700 MHz opportunity down the toilet (no, make that stolen): Cringely
Step Right Up: It's HFT Whack-A-Mole Time: ZH

Cornucopia

Your brain - with lips: C&S
Democrat!: American Digest
History Repeats Itself: A Kingly Proclamation By Joe Biden: SHN

I'll Gladly Pay You...: MOTUS
$145 Trillion - $100 Million/Pallet: C&S
Wednesday: Tea Party "Jobs Bash" one block away from Obama's Chicago fundraiser: Marathon

Image: Curmudgeonly & Skeptical
Today's Larwyn's Linx sponsored by: Michele Bachmann for President

QOTD: "Included in the BEA's first ... estimate of second quarter 2011 GDP were significant downward revisions to previously published data, some of it dating back to 2003. Astonishingly, the BEA even substantially cut their annualized GDP growth rate for the quarter that they "finalized" just 35 days ago -- from an already disappointing 1.92% to only 0.36%, lopping over 81% off of the month-old published growth rate before the ink had completely dried on the "final" in their headline number....

This begs two simple questions: (1) At what point in time can we trust any of the data contained in these reports? (2) How can any of the current data be used to create meaningful Federal monetary or fiscal decisions?

We wonder what Mr. Bernanke thought when told that 80% of his "relatively slow recovery" during the first quarter had just vaporized ..." Richard Davis

Tuesday, August 02, 2011

Cash Furnace: How the Obama Democrats Stole Your Money

When the final obituary of Obama's failed "stimulus" program is written, stories like this one will be among the least offensive.

Three stainless-steel trash cans with motion-activated sensor lids: $314.93 each. A 500-lb capacity ottoman for the cafeteria: $469. Mahogany-finished conference room table: $3,000. The line items sound extravagant enough on their own. When you learn that they were to makeover a Detroit city office that handles the federal money for feeding and clothing the poor, and the credenzas and sofas and such came out of that money, it's time to get livid.

The Detroit Free Press blew the lid off this misspending and waste after it used a Freedom of Information Act request to get a copy of the receipt for the pricey office furniture that was delivered to Detroit's Human Services Department. You can look at the entire receipt here (PDF).

The $210,000 used to buy the office furniture came directly a $1.2 million grant that was specifically supposed to cover the salaries and administrative costs of hiring employees for food and clothing banks... this same Human Services Department, saying they were short on funds, didn't open a high-demand warming center for homeless people until late this winter. Employees were amazed to see the new furniture arrive, considering their wages had been cut 10% last year...

Isn't a huge, centralized, unaccountable administrative state awesome?

Faceless bureaucrats are using your hard-earned money to reward friends, enrich themselves, and punish enemies.

This wasn't a "stimulus" -- it was wealth redistribution, plain and simple. Legalized theft.

This country's founders knew that the federal government must be small, accountable and highly limited in its powers. And every day we see more evidence that the Framers were geniuses.



Hat tip: Trending Right.

Figures: Russian Postal Service Issues Commemorative Obama Stamp

For a guy who was mentored by the likes of Frank Marshall Davis, this report can't really come as much of a surprise.

Russia’s Post Office has issued a collection of stamps and envelopes to mark the 50th jubilee of the US President Barack Obama.

The US leader is celebrating his birthday on the 4th of August.

...Russia`s Post Office also presented the US leader with a postmark featuring his portrait. Mr. Obama liked the gift, stamped several envelopes and then signed one of them with dedication to the museum of the Russian Post Office.

I'm holding out for the "Bowing to World Leaders" collection.


Related: What Barack Obama Hid From His Readers


Hat tips: Drudge Report and R.L.

Survey says: Obamacare will force huge percentage of small businesses to drop or slash health benefits

Consider this just another on-ramp to single-payer:

One-fifth of small business owners who offer health insurance to their workers expect to significantly change their benefits package the next time they renew their health plan as a result of federal health reform, according to a new survey.

About 12% of small business owners say their health plans are or will be likely to be cut because of federal health reform.

...Moreover, an “overwhelming majority” or small business owners do not expect the federal health reform law to reduce costs or their regulatory burden, according to a new National Federation of Independent Business survey marking the one-year anniversary of the passage of the Patient Protection and Affordable Care Act in March 2010.

Likely changes to plans would include a decrease in benefits, an increase in employee cost-share, or both, according to the survey. Employers who even slightly alter their benefits packages to reduce costs will likely be exposed to more regulations and cost increases in the future under the health reform law’s provisions, the NFIP said.

...The survey found that nearly two-thirds of owners agree that the law will cause health insurance premium increases, without improving care.

That's the genius of Soviet-style central planning, folks. Having bankrupted Social Security, Medicare, and Medicaid -- and having stolen trillions for failed "stimulus" programs -- Obamacare could help the hard left Democrat Party put the final nail in the coffin of this republic.

Oh, and dude: if you liked your health plan, you most definitely will not be able to keep it.

2012 is coming.


A veritable cornucopia of pictures designed to entertain and frighten

At least insofar as a hardened Internet jockey like yourself can be entertained and frightened:

• Spotted at Legal Insurrection:


Points & Figures states that "this chart says it all":


• At DefenseTech, 'Special Operators’ Holographic Maps':


• Finally, via Sundries Shack, we learn of the theory of Nemesis and possible new evidence that refutes its existence.

Go ye therefore hence and suckle at the teat of sundry wisdom.