Monthly Archives: February 2012

THE REAL UNEMPLOYMENT RATE IS 12-19%

You remember Rick Santelli.  He is the floor trader whose spontaneous outrage gave birth to the Tea Party.  Here is his assessment of the just released 8.3 % unemployment figure, a number that put a smile on the face of Barack Obama.  Santelli finds that the favorable looking number resulted from two not so favorable causes, an adjustment in the calculations and more people dropping off the unemployment list because they have given up seeking for work.

The unemployed number is intended to count only those people who want work, so students who have yet to enter the work force and retired folks are excluded.  That makes sense.  However, people who do want work but have given up and dropped out of the system are also excluded.  That is a distortion.  Statistically speaking, they are neither employed nor unemployed.  They don’t have jobs but are treated as though they do not exist.

There is no official tally of their numbers but various estimates say the published unemployment rate would be somewhere between 12 and 19 percent if these truly unemployed were considered officially unemployed.

Click here for the Santelli video.

THE PARTY OF PERSONAL DESTRUCTION – A CONFIRMATION

The New Yorker magazine carries the best cartoons in the industry.  The humor is mostly apolitical without a hint of underlying agenda beyond getting the reader to smile.  However, that is where the magazine’s objectivity ends.  Judging by Talk of the Town which opens every issue, one would think Harry Reid and Nancy Pelosi were the publishers.  If you want to know how an honest liberal thinks, read the New Yorker.  (That is not to say that Reid and Pelosi are honest liberals.)

Ryan Lizza is the Washington correspondent for the magazine.  Lizza poured through 11,000 pages of Washington documents and wrote a 13 page article for the New Yorker entitled The Obama Memos with the tagline The making of a post-post-partisan Presidency.  Post-post-partisan?  Isn’t that a double positive making it a negative?  Yes, it is.  Lizza contends that no President has been more willing to find common ground and work with the other side than Barack Obama has.  He came into office, Lizza says, with the hope and every intention of putting partisan bickering aside and becoming a post-partisan President.  When it didn’t work as he expected, Obama gave up the idea, reversed his strategy and became a post-post-partisan President.  Lizza may be right about that, but if Obama really thought he would get Republicans to accept some of his far left socialism it wasn’t out of naïveté, it was sheer hubris.

Conservatives have long known the Democratic Party to be the party of personal destruction.  From a lowly plumber named Joe to a lofty Supreme Court Justice, many a conservative has felt the injustice of the Party’s character assassination.  That is what makes this excerpt from Lizza’s article so interesting.

Another hard-edged decision helped make him [Obama] the Democratic Presidential nominee. In early October, 2007, David Axelrod and Obama’s other political consultants wrote the candidate a memo explaining how he could repair his floundering campaign against Hillary Clinton. They advised him to attack her personally…, that all campaign slogans, even the slogan “Change We Can Believe In”- had to emphasize distinctions with Clinton on character rather than on policy.

The memo went on to say we must

“frame the argument along the character fault line, and this is where we can and must win this fight.” [We will say] “Clinton can’t be trusted or believed when it comes to change because she is driven by political calculation not conviction.”

Neera Tanden is now the President of the Center for American Progress.  She was the Policy Director for Hillary’s primary campaign then later became Barack Obama’s campaign director in the general election.

“It was a character attack,” Tanden said recently, speaking about the Obama campaign against Clinton.  “I went over to Obama, I am a big supporter of the President, but their campaign was entirely a character attack on Hillary as a liar and untrustworthy. It wasn’t an issue contrast, it was entirely personal.” And of course it worked.

That’s the sad part, it works.  And who is to blame for that?  The voters.

FOOD STAMPS AREN’T STAMPS AND THEY’RE NOT JUST GOOD FOR FOOD

Food stamps have been at the top of the news ever since Gingrich named Obama the food stamp President”.  According to the Wall Street Journal, 46 million people are on the program, that’s one out of every seven in a population of 322 million.  Aside from Social Security, it is the largest welfare program in the country.

Food stamps are money and money is fungible which means one form is as good as another.  To say that food stamps are for food is folly.  Food stamps are income and income can be spent however you wish.

Everyone eats.  Every family spends a portion of their income on food and the rest of it on everything else.  Food stamps increase the portion that can be spent on everything else.  The point here is not to condemn the Food Stamp Program.  That’s an argument for another day.  All we are saying here is that it is a de-facto general welfare program parading as something it isn’t.  The program is genuine but the title is propagandic, chosen to make more palatable to the 53% of voters who pay tax.

In the beginning, food stamps were stamps.  But stamps haven’t been issued since the 1990s.  Now the benefit comes in the form of a plastic card.  It’s called an Electronic Benefits Transfer or EBT card.  That’s not propagandic; it’s just a hold-over term, like ‘dialing’ a phone call.  And the T in EBT stands for the truth because, after all, it is a card that transfers wealth.

As long as we are on the topic let’s go all the way.  There is no Food Stamp Program.  It was ended in 2008.  In that year the Food Stamp Program became the Supplemental Nutrition Assistance Program (SNAP).  Now that is propagandic.