Extremely Disappointing Jobs Report

Caught me by surprise – I expected the number of census hires to be much higher. Maybe with the heat rising, they decided not to fudge the numbers as much? At any rate:

After a relatively large expansion in private-sector employment in April of 224,000, the Obama administration led people to believe that the growth rate would continue in May. The White House leaked to several media sources that the number of new jobs would exceed a half-million positions, mainly through temporary Census Bureau expansion, and that the private sector would gain around 150,000 — somewhat less than April but still ahead of population growth. Instead, the actual BLS numbers missed both marks…

When you boil it down, about 20,000 private sector jobs are estimated (estimated! No one knows for sure, yet) to have been created in May. The only thing which kept the unemployment rate from shooting above 10% is the number of workers estimated (once again, estimated!) to have left the labor force. The numbers are still a bit bogus because a lot of guess work goes on with what is called the “birth/death model” – the means by which BLS throws darts at a wall and says “we say this many jobs were made ’cause the the stars aligned just right”.

Until we start creating new wealth, we cannot create new jobs in any sort of number necessary to improve overall employment. We can’t start creating wealth until we know how much wealth we have to begin with – and we can’t know that until the crash completes its process. All we did with TARP, stimulus and other such government boondoggle nonsense was prop up things which needed and still need to come down.

The question still remains – how long before the process completes? It is unknown because we simply don’t know how much longer our government and governments around the world can keep printing and borrowing money to shore up a dead economy. Eventually it must all come crashing down – but is that tomorrow? Next week? Next month? Next year? I don’t know – but I didn’t think they’d keep it going as long as they have…it could happen at any time and when it does happen, there will be little advance notice in the MSM (while people in the know will see it a couple days in advance and act accordingly).

James Earl Obama

Welcome back, Carter:

…1979 followed two years of Carteresque utopian proclamations. Do we remember them all still? There was Cy Vance, in perfect aristocratic style, and in perpetual atonement for his earlier support of the Vietnam War, with his creased brow and sermonizing tone, bringing in the kinder, gentler order. He resigned over the failed hostage rescue, replaced by a stoic Ed Muskie. And there was Andrew Young at the UN trying to be a sort of proto-Barack Obama, reaching out to the radical Palestinians, and so on.

Remember the commandments? No more inordinate fear of communism; human rights governing U.S. foreign policy; no more nuclear weapons housed in South Korea which was to be free of U.S. troops; outreach to the terrorist/rebel/reformer Mugabe, and so on.

In other words, it took a flawed world about 24 months to size up the new idealistic administration, and to determine that it either could not or would not continue U.S. foreign policy of the previous three decades…

Its taken the world a bit less time to size up this President – our 1979 has arrived a bit sooner. The “Gaza flotilla” is a direct result of Obama’s foreign policy – it simply would not have happened while Bush was President and if Obama hadn’t started coddling our enemies, it wouldn’t have happened now. More and worse is to come.

I remember that terrible year – I turned 15 two weeks after the Islamists seized our embassy in Tehran. In my mind’s eye I still see that picture of the Islamists using Old Glory to haul out trash. Of thousands chanting “death to America”, while my President wrung his hands and stumbled from mistake to blunder and back again.

It is eerily familiar – Obama is just blindly repeating almost the exact errors of Carter. He’s just as old as I am – doesn’t he remember? Or does he just not care? Or was he just told in school that Carter’s programs were working and if only we American dummies had re-elected him, all would have come out ok? I don’t know – I can’t explain it.

We’re going to get it all, and likely worse than before. Its such a crying shame – and remember, Republicans, it is our fault. We failed the American people, and thus Obama was able to get elected. We’ll be a long time repairing the error, and this time around we simply must remember that waiting in the wings, if we lose are way, is Carter III…now being trained either directly in the Obama Administration, or immured in one of the same schools Obama came out of.

Kagan: Ultra Liberal

Not surprising:

Elena Kagan has kept her cards so close to the vest that in the days after President Obama nominated her to the Supreme Court, some on the left worried she was too moderate to replace liberal Justice John Paul Stevens.

But in documents obtained by CBS News, Kagan–while working as a law clerk to the late Justice Thurgood Marshall – made her positions clear on some of the nation’s most contentious social issues.

The documents, buried in Marshall’s papers in the Library of Congress, show Kagan standing shoulder-to-shoulder with the liberal left, at a time when the Rehnquist Supreme Court was moving to the conservative right.

Now, why does this come out? My guess is that there are worries on the left that she won’t be a mindless drone for leftist, judicial activism. This document dump is designed to allay those fear – see, liberals, you can count on Kagan to do precisely what she’s told! There’s no chance she’ll apply the law for refer to the Constitution – if its liberal and fashionable, she’s with you 100%!

Solution for our side: Expand the court to 11 members once we’ve won the Congress and White house. Appoint two more justices who understand what law is to the four we’ve already got, and we get a sure-thing 6-5 majority in favor of the United States Constitution. Problem solved.

Obama Increases Debt at Three Times Bush Rate

The change we can believe in:

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Calculated down to the exact penny, the debt totaled $13,050,826,460,886.97 as of Tuesday, leaping nearly $60 billion since Friday, the previous day for which figures were released.

At $13 trillion, that figure has risen by $2.4 trillion in about 500 days since President Obama took office, or an average of $4.9 billion a day. That’s almost three times the daily average of $1.7 billion under the previous administration…

This is entirely out of control and it is unsustainable. Eventually, purchasers of US bonds will start demanding a premium to lend us money, just as they are demanding from Greece and Spain. When we reach that points, we’re just a step away from complete national bankruptcy.

When will we hit that point? Impossible to say with any certainty – the markets, these days, are driven by sentiment more than logic. As it stands, any government bond is essentially a gamble. Smart investors are staying away from them. The best guesses I have seen are that some time between 2013 and 2015, unless we radically cut spending and get our house in order, we’ll face the threat of sovereign default.

Out and About on a Thursday Morning

Revolution! Palin endorses GOP primary challenger to Senator Murkowski (R-AK).

Obama’s weakness with the Islamists is endangering Israel.

Federal Court rules that political spending limits are unconstitutional. We’ll have to see where this heads, but anything which reaffirms the right of the people to continually annoy the politicians is a good thing.

So, just why do we Catholics say that pro-abortion politicians cannot have Holy Communion? Here’s why.

Daily Kos dude is just, well, insane, ya know?

Rasmussen: 30% still suckered by Obama.

Michael Yon has been kicked out of Afghanistan – seems that a certain Administration is tired of the truth being told.

Here is Yon’s report from Kandahar dated April 25th – you decide if he should be kept out. Don’t forget: he’s reader supported, so make a donation.

Take tomorrow’s May jobs report with a very big grain of salt. Could be as high as a claimed 700,000 new jobs – more than half a million of them will be census workers and with the growing scandal in that area…

2,300 Candidates for Congress

Just astounding:

Discontent with incumbents and anti-Washington anger are adding up to a potentially record-breaking crowd of congressional challengers this election year.

More than 2,300 people are running for 471 House and Senate seats in the midterms. It’s the highest number of candidates in at least 35 years, according to data provided to The Associated Press by the Federal Election Commission, which began tracking candidates in 1975.

The people are furious but, also, very much engaged. That is the big difference in 2010 – not only are we mad as heck and not going to take it any more, but we’re bound and determined to change things. All politicians must beware!

The only way we can get any worthwhile change is for we, the people, to aggressively challenge those in power – in primaries and in general elections. In the streets, on the blogs, in the meetings. Never, ever let up the pressure for even a moment – and for goodness sake, never let them intimidate us in to silence. When they say they’re worried that our anger will spill over in to violence what they are really saying is “darn it, if these people don’t shut up, I might lose re-election!”.

That is all the elite care about – their power and their wealth. We are challenging them and they are like frightened rabbits. And its a great time to be an American.

Blago Subpoenas Rahmbo

The Chicago Way might get its dirty laundry aired – from The Hill:

Lawyers for Rod Blagojevich have subpoenaed Rahm Emanuel, the Sun-Times reports…

…The former Illinois governor has already subpoenaed Sens. Dick Durbin (D-Ill.) and Harry Reid (D-Nev.), though none of those subpoenaed may actually be forced to testify.

A judge has declined the defense’s efforts to subpoena Obama.

If the judge agrees to the subpoena, then look for a sudden plea deal…and then watch for the pardon on January 19th, 2013. The Obama people don’t want to have the lid taken off Chicago corruption.

Another White House Bribe?

Corruption, thy name is Obama Administration:

The Obama administration dangled the possibility of a government job for former Colorado House Speaker Andrew Romanoff last year in hopes he would forgo a challenge to Democratic Sen. Michael Bennet, officials said Wednesday, just days after the White House admitted orchestrating a job offer in the Pennsylvania Senate race.

These officials declined to specify the job that was floated or the name of the administration official who approached Romanoff, and said no formal offer was ever made. They spoke on condition of anonymity, saying they were not cleared to discuss private conversations.

The new revelation of a possible political trade again called into question President Barack Obama’s repeated promises to run an open government that was above back room deals.

This was first reported in the Denver Post in September and now the Obama people are kinda-sorta admitting to it – not admitting what was offered or anything which could directly lead to indictments or impeachments, but sort of clearing the corruption decks with some false candor…political candor, that is: the sort of thing a politician in trouble hopes sounds honest enough to get the issue to die down.

If we win in November we’re going to need a special House committee just to look in to Obama Administration corruption…

UPDATE: Three jobs were discussed.

In The Global Reaction to Gaza, the Risk of Another Holocaust

Victory Davis Hanson questions why this is happening:

Perhaps the outrage reflects simple realpolitik — 350 million Arab Muslims versus 7 million Israelis. Perhaps it is oil: half the world’s reserves versus Israel’s nada. Perhaps it is the fear of terror: Draw a cartoon or write a novel offending Islam, and you must go into hiding; defame Jews and earn accolades. Perhaps it is anti-Semitism, which is as fashionable on the academic Left as it used to be among the neanderthal Right.

Perhaps there is also a new sense that the United States at last has fallen into line with the Western consensus, and so is hardly likely to play the old lone-wolf supporter of Israel in the press or at the U.N.

At this point, it doesn’t much matter — as this latest hysterical reaction reminds us, much of the world not only sides with Israel’s enemies but sides with them to such a degree as to suggest that, in any existential moment to come, the world either will be indifferent or will be on the side of Israeli’s enemies.

Quite frightening, when you think of it.

Indeed, very frightening – Israel is a tiny, liberal democracy of whom no one would ever hear much about except for the fact that it is routinely attacked. Working against Israel is the fact of Israel’s sublime military victories – the stunning events of the 6 Day and Yom Kippur wars remain with us. Israel towers up in the public mind as a great power – in reality, Israel is no more powerful than Sweden or Switzerland.

If the Moslem powers were to ever press the issue – be willing to exchange 5 lives for each Israeli life – they’d have won prior to Israel developing nuclear weapons. Does cowardice explain their failure to press home? Perhaps – but there is also the prospect that the leaders of the Moslem world never really cared about Israel, per se, but did care to have a convenient, foreign enemy to focus hatred upon. The merest means of distracting their own people from their impoverished and oppressed condition.

But over time all the events have come to a point – from a useful propaganda tool there has now arisen a generation of Islamists who do dream of murdering all the Jews…and they are seconded in the West who stupidly assume that the victorious power must be the flawed party. Used to despising their own nation’s glorious past, they see in Israel just an extension of what they despise in themselves. An American leftist looks over the tale of American victory, hates America for it, and when he hears of Israeli victory, assumes the worst of Israel. And as time has gone on, a distaste for Israel has degenerated in to a species of anti-Semitism.

Israel stands at the precipice. America is no longer reliable – we could have stopped the various UN actions, but didn’t. Israel can not rely upon American re-supply should a shooting war break out. There is only a vanishingly small chance that America will act against Iran’s nuclear program. And now the world his hopped up with anti-Israel fervor because Israel fell in to an Islamist PR trap over the “aid” flotilla.

Nations with their backs against the wall tend to act accordingly. A dangerous soup has been cooked and the world will have to drain it to the dregs. Because of cowardice; because of cheap moralizing; because of slick, political calculations, a lot of people may soon end up dead and the world in deep crisis. Where a bit of courage and foresight could have prevented all problems, their lack have put together the makings of a war.