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Archive for April 17, 2012

Who is this guy pretending to be president?

“Has anyone seen Barack Obama recently?

You know, the optimistic hopeful fellow with the charming smile who promised so many positive things four and five years ago, how he was going to change the harsh, partisan tone of our nation’s capital and bring the country together as its first African American president.

Even allowing for political hyperbole, his empty resume and the invisible witnesses from the past, Obama was such a Real Good Talker that even some who didn’t vote for him still had hope that he could change some things for the better in what seemed a sadly-splintered society.

WTH did that Obama go? Have you listened recently to this Chicago Doppelganger who’s replaced him? This 2012 Obama is strident and mean, even deceitful, divisive, telling half-truths after half-truths. He’s using Air Force One as his personal Brinks truck with wings to collect cash all over the country, disguising the trips as official.”

Via Investor’s Business Daily

Shameless obama exploits family pet in effort to raise campaign money

Oh no, not Bo, says critic of Obama fundraising trick

“Now even Bo, the nation’s first pup, is being used to raise money for his the reelection campaign of his owner, President Obama. Cute for sure, but not everybody’s wagging their tail over what is the first use of a presidential pet to raise campaign cash.

On the Obama-Biden campaign website, Bo is featured because it is the third anniversary of his adoption. “It’s a promise Barack made to his daughters–that if he won the election in November 2008, he would buy them their long-awaited puppy. On April 14, 2009, Barack followed through on his promise to Malia and Sasha–the Obamas welcomed Bo into their home,” says the campaign of the Portuguese water dog.

“Now, he’s got three years under his collar as the first dog. This April, wish Bo Obama a happy anniversary as a member of the first family,” adds the campaign website in a posting headlined, “Throw Bo A Bone On His Anniversary.” Of course, that “bone” would be a campaign contribution, starting at $10.”

Via Washington Examiner

Housing Starts Slide In Latest “Housing Recovery” Disappointment; Permits Rise On Expectations Of Rental Surge

“Today’s housing starts number is merely the latest datapoint confirms the housing bottom callers will be once again early. In March, housing starts, expected to print at 705K (which is crawling along the bottom as is, so it is all mostly noise anyway, but the algos care), came at a disappointing 654K, the lowest since October 2011, and a third consecutive decline since January. Want proof that the record warm Q1 pulled demand forward? This is it. As the chart below shows, the all important single-unit housing starts have not budged at all since June 2009. So was there any good news in today’s data? Well, housing permits, which means not even $1 dollar has been invested in actually ‘building’ a home soared to 747K, from 715K in February, and well above expectations of 710K – the highest since September 2008. That a permit is largley meaningless if unaccompanied by a start, not to mention an actual completion goes without saying. However, what is notable is that even the permit dat was skewed: single unit structures came at 462K, lower than February’s 479K. Where the ramp was in 5 units or more, aka multi-apartment units, aka straight to rental. It appears that now everyone is piggybacking on the administartion’s REO-to-rent plan, and instead of buying “home to buy”, all future constrcution will be apartments to rent. Which is great: since rents have been going up, builders are already redirecting their attention to the one segment in the market that is not moribund. As a result, in a few short months expect a glut of rental properties, which will kill even the incipient possibility of a recovery, as the supply drowns any latent demand, as more and more households shifts from owner to renter mentality. “

Via Zero Hedge

Categories: Economy

Weather Blamed For Industrial Production Miss

“Industrial production is the latest economic miss, expected to rise from a previously unchanged print, to 0.3%, instead posting another flat print. The reason: blame it on the weather. From the Fed: “Industrial production was unchanged in March for a second month but rose at an annual rate of 5.4 percent in the first quarter of 2012. Manufacturing output declined 0.2 percent in March but jumped 10.4 percent at an annual rate in the first quarter. The gain in manufacturing output in the first quarter was broadly based: Even excluding motor vehicles and parts, which jumped at an annual rate of nearly 40 percent, manufacturing output moved up at an annual rate of 8.3 percent and output for all but a few major industries increased 5 percent or more. In March, production at mines rose 0.2 percent and the output of utilities gained 1.5 percent. For the quarter, however, the output of utilities dropped at an annual rate of 13.8 percent, largely as a result of unseasonably warm temperatures over the past several months, while the output of mining fell 5.4 percent. At 96.6 percent of its 2007 average, total industrial production for March was 3.8 percent above its year-earlier level. The rate of capacity utilization for total industry edged down to 78.6 percent, a rate 2.1 percentage points above its level from a year earlier but 1.7 percentage points below its long-run (1972–2011) average.” In other words, blaming both cold and hot weather is now a solid excuse for anything that does not go according to the best laid plans of central bankers. Got it. “

Via Zero Hedge

Categories: Economy

Poll: Scott Walker Opens Up Lead on Opponents

“According to the poll (conducted by Public Policy Polling), Walker leads Milwaukee mayor Tom Barrett by a 50 percent to 45 percent margin, and leads former Dane County executive (and union favorite) Kathleen Falk by a 50 percent to 43 percent margin. “

“This presents a conundrum for the Democrats; according to the PPP poll released today, Barrett beats Falk by 14 percentage points (38 to 24) head to head, and Barrett has a slightly better chance of beating Walker. Yet all the money is certain to be behind Falk, as she has essentially sold all the equity in her candidacy to the public-employee unions. If organized labor spends tens of millions of dollars on Falk and loses, it will be a major embarrassment, and a repudiation of the entire reason for the recall; but if Falk loses, Democrats may have a better chance of regaining the governorship.”

Via National Review

DOE-backed solar company lays off 2000

“First Solar, a solar energy company that received a $1.46 billion loan guarantee from the Department of Energy, announced today that it will layoff 2,000 workers in the United States and world-wide.

The company will “indefinitely idle” four production lines in Malaysia and shutter a plant in Germany. “These actions, combined with other personnel reductions in Europe and the U.S., will reduce First Solar’s global workforce by approximately 2,000 positions, about 30 percent of the total,” First Solar announced today.”

Via Washington Examiner

Categories: Uncategorized

Democrat has F-bomb meltdown on Fox News

““You say that Head Start is a failure, you don’t know what the f— you’re talking about,” Beckel barked as the show returned from a commercial break.”

““Whoa! Bleep!” exclaimed host Sean Hannity when the F-word was launched. “What are you doing?”

“Failure,” said Stefano.

“I just can’t stand right-wingers. They’ve just got their mouths running all the time,” Beckel explained.

When Hannity requested that Beckel apologize, Beckel responded, “I don’t apologize.”

“Yes you do. You just cursed on the air,” said Hannity.

“I’m not gonna apologize,” an adamant Beckel affirmed.

“All right, I apologize for you,” said Hannity, who finally was able to make Beckel understand the obscene comment had been broadcast live.

“I try to put signs up and help you,” Hannity told Beckel.

Beckel finally said, “I’m sorry about using that foul word, yes. But the intent about it is still there.”

“And you should run your show a little better,” he continued, “instead of having me get caught like that.”

“Now you’re blaming me for this,” said Hannity.

“Typical liberal,” added Stefano. “No personal responsibility.””

Via World Net Daily

Categories: Uncategorized

Little-Known DOJ Cell Watches Trayvon Martin Protests

“A largely unknown group of Justice Department officials has inserted itself into the local Florida protest movement surrounding the killing of Trayvon Martin, assisting the protestors and attending their meetings and rallies.

While the officials are tasked with preventing racial violence, it appears that in carrying out their duties, they have provided significant assistance to those protesting the killing of Martin, who black, by George Zimmerman, who is half white and half Hispanic.

The officials are members of the DOJ’s Community Relations Service, also known as “The Peacemakers,” a special unit established under the 1964 Civil Rights Act and empowered to act to mitigate local tensions between ethnic groups.”

Via White house Dossier

Categories: Uncategorized
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