Congratulations moonbats
Filed under: Barking Moonbats, Obama Economy, Our Dear Leader, Politics
Congratulations moonbats. You managed to get your socialist leader reelected despite 7.9% unemployment (which is only that low because the active workforce measured by the feds has shrunk dramatically during our Dear Leader‘s first term), record long term unemployment, and anemic economic growth (a 2% GDP growth rate has been the growth ceiling and GDP growth rate has consistently been lower than the inflation rate).
I won’t go into how Obama managed to drag out a win against someone with an actual record of success. Plenty of posts out there covering that subject.
Let’s just look at the affect of the news of a second Obama term has had and will most likely have.
First there is the Wall Street reaction. Remember that Barry was the Wall Street Golden Boy back in 08, receiving record high donations from the Big Money folks. The day after the election results were known, the DOW dropped over 300 points and has shown no signs of recovery.
Now the democrat operatives with press credentials will try to tell you that the stock market plunge had nothing to do with the election results, and is purely a reaction to the looming “fiscal cliff.” Yes, they really do think you are that stupid. The on coming “fiscal cliff” has been known about for months. If it really didn’t matter who was going to occupy the White House come January 20, 2013, the market would have tanked prior to the election. Instead, while there was still a chance that someone who understands actual economic reality and was not addicted to Keynesian fantasy, would win on November 6, 2012, the market chugged along fine, maintaining a DOW of about 13000. Ignoring the timing of the 300+ point drop would be like ignoring the Simpson DNA. It requires believing in ideology more than the objective evidence of actual facts.
Besides watching the value of your 401K drop (OK, there are a lot of moonbats who don’t have a retirement plan other than depending on the government, but there are some who actually participate in the economy in ways other than being a leech), you may have noticed the round of layoff announcements that started cropping up on November 7, 2012. Boeing being one of the larger ones. Don’t worry kids, plenty more of those on the way. While there will be plenty of white collar layoffs, there is plenty of pain in store for those part time workers at the lower end of the economic scale. Even if a company that employs large numbers of part time employees can actually stay in business given the crippling costs of Obamacare, they will almost certainly capping the number of hours a single employee can work. They have to do that in order to avoid being penalized even more by the job killing, economy crippling, federal nightmare known as Obamacare. Why do you think all those Unions, which supported our Dear Leader, asked for and received exemptions from have to be subject to Obamacare?
Short term, unemployment is going to kick back up over 8% and will continue to rise (unless the fed reduces the size of the workforce they count even more drastically than they already have). For the next two years, 8% unemployment (with the U6 rating being in the 14%-16% range) will be the best you can hope for. The odds of GDP growth rate breaking though a 2% ceiling also run slim to none.
As a wise man cautioned me in my youth, “Be careful of what you wish for. You may get it.” Well moonbats, you got your wish of a socialist utopia. Welcome to it.
Oh ya, the only thing that could possibly make our Dear Leader‘s economic policies look good will be the results of his foreign policy. That is a topic for another day, though.
Monday Book Pick: No Easy Day
Filed under: American History, Monday Book Pick, US Military
No Easy Day by Mark Owen & Kevin Maurer
This is an autobiography of a US Navy SEAL, and member of DEVGRU, who took part in Operation Neptune Spear. That was the mission where Osama bin Laden died of acute lead poisoning, when one of the SEALs shot him in the head. It is a very stright foward book that tells the story of how Mark Owen (not his real name) trained and deployed prior to the mission, as well as the boots on the ground perspective of how the operation took place. It is not a political book, the authors don’t have political axes to grind. They do make an honest assesment of VP Joe Biden though. A good and honest read. Well worth the money and time invested.
Video of the Day: Obamacin Side Effects
Quote of the Day
“He’s all jacket and no bombers”
— Mark Steyn on Barack Hussein Obama
Quote of the Day
Filed under: Media Bias, Our Dear Leader, Politics, Video
Former democrat party pollster and analyst Pat Caddell brings us today’s Quote of the Day:
“I am appalled right now. This White House, this president, this vice president, the secretary of state, all of them are willing apparently to dishonor themselves and this country for the cheap prospect of getting reelected, willing to cover up and lie, and the worst thing is, the very people who are supposed to protect the American people and the truth, the leading mainstream media, they have become a threat, a fundamental threat to American democracy and the enemies of the American people.”
Let’s go to the video replay…
Video of the Day: How Obama supporters really feel about his policies
Filed under: Barking Moonbats, Our Dear Leader, Politics, Video
Yup, this is how they really feel about our Dear Leader‘s policies when his name isn’t attached to them.
The level of intellectual engagement of Obama supporters should not come as a surprise to anyone who has been paying attention.
Friday B-Movie Pick: Halloween Classics
Next Wednesday is Halloween, so we’re going with the classics:
An American Werewolf in London
Obama lets the truth slip from his lips…
Filed under: Media Bias, Obamaspeak, Our Dear Leader, Politics
This is why our Dear Leader shouldn’t be let out without his teleprompter…
Yup. Of course you know if any Republican said that, every major “mainstream” media outlet would be leading with this.
Since it wasn’t, expect to hear crickets instead of any left leaning DNC operative with byline cover this.
Quote of the Day
“The first Republican I knew was my father. He joined because the democrats would not register him to vote. The Republicans did.”
— Former Secretary of State, Dr. Condoleezza Rice
Republicans More Informed than Democrats
Another study points out this simple truth.
Here is the money quote:
In a scientific survey of 1,168 adults conducted during September and October of last year, respondents were asked not only multiple-choice questions, but also queries using maps, photographs and symbols. Among other subjects, participants identified international leaders, cabinet members, Supreme Court justices, nations on a world map, the current unemployment and poverty rates and war casualty totals.
In a 2010 Pew survey, Republicans outperformed Democrats on 10 of 12 questions, with one tie and Democrats outperforming Republicans on just 1 of the 12. In the latest survey, however, Republicans outperformed Democrats on every single one of 19 questions.
Leftists live in a an anti-free speech bubble of their own “politically correct” making, so it’s really their own fault.