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Posts Tagged ‘Inflation’

Obama Boom: GDP revision still1.8%

by Phantom Ace ( 3 Comments › )
Filed under Economy, Headlines, Misery Index at May 26th, 2011 - 10:07 am

The Progressive propaganda media was expecting the GDP revision to be stronger than the initial 1.8% reported. Well they have egg on their faces once again! The revised GDP numbers matchthe original 1.8% growth reported. With the official inflation rate running at 6% and the real number at 10%, we are in stagflation, 70’s style.

The Commerce Department says the overall economy grew at an annual rate of 1.8 percent in the January-March quarter.

That was the same as the government’s first estimate a month ago. Consumer spending grew at just half the rate of the previous quarter. And a surge in imports widened the U.S. trade deficit.

The Obama Boom continues to be proven a myth invented by the media. We are in economic decline with no end in sight.

Obama Boom: Wholesale prices rise 1% in April

by Phantom Ace Comments Off on Obama Boom: Wholesale prices rise 1% in April
Filed under Economy, Headlines at May 12th, 2011 - 4:01 pm

The Obama Boom continues to destroy our living standards. Whole sale prices rose 1% in April. Keep in mind, wages are flat or declining since the most jobs are now retail low wage positions. To make matters worse, the official inflation rate is at 6.8% for the year. This is stagflation 70’s style and there’s no relief in sight.

WASHINGTON (AP) — Companies paid more for raw materials and factory goods in April, mostly because energy prices jumped for the seventh straight month..

The Producer Price Index, which measures price changes before they reach the consumer, rose 0.8 percent last month, the Labor Department said. That’s slightly above the 0.7 percent gain in March. Excluding the volatile food and energy categories, the core index increased 0.3 percent, the same as in the previous month.

Over the past 12 months, the index has increased 6.8 percent, the biggest gain in nearly three years. Outside of food and energy, prices rose 2.1 percent, up from a 1.9 percent gain in March

The Obama Boom is definitely retro 70’s. Unlike back then, when raises were given out, wages are going down. This is part of an 11 year economic decline that shows no end. Now with inflation, this decline is accelerating.

Help The NObama Sticky Note Campaign Go Viral!

by 1389AD ( 51 Comments › )
Filed under Barack Obama, Economy, Elections 2012, Food and Drink, Misery Index, Transportation at May 1st, 2011 - 10:30 am

Here’s how to get the campaign started in your own neighborhood. It takes very little effort, it costs almost nothing, and, most important of all, it helps other beleaguered members of the public to realize that they are no longer alone.

YourDaddy’s Politics: The Sticky Note Campaign Hits Georgia Supermarkets

The Sticky Note Campaign is making deliveries in Georgia Supermarkets now. Super-Charged with Conservative ideals REAL Americans all over the country and even an awakened Democrat or two are now participating in this grass roots initiative. It’s not a partisan issue either; no one can afford these rising prices at the gas pump or the grocery store.

I just realized that I need to order more FREE PRE-PRINTED Sticky notes from the Koch Brothers – gotta go now.

Be sure take pictures of your STICKY NOTES, upload them to your Facebook, TAG all your friends in the pics and then also be sure to share them with the event page.

Sticky note attached to grocery shelf below Cheerios: How's that Hopey Changey thing working for you? NObama 2012

Join the Official FaceBook Event by clicking here.

See the original photos at this FaceBook Gallery.

See it all here.

RedState: It’s fun. It’s easy. It’s cheap. Join the Sticky Note Campaign!

Here’s something we all can do — and all you need is some Post-It notes!

Sticky note attached to gasoline pump: Full of Hope and Change with an empty tank - NObama 2012

Sticky note attached to ground beef shelf in meat cooler: Hope & Change at work here - High Prices - Thanks, Obama!

Sticky note attached to milk shelf in dairy cooler: How hungry are you from Hope & Change? NObama 2012

Sticky note attached to bacon shelf in meat cooler: Hope & Change at work here! High Prices - Thanks, Obama!

A Facebook page has been set up for this campaign. The people behind it are encouraging people to send in photos of their own like the ones above.

To borrow a line from an old leftie, “…and, friends, they’ll think it’s a movement!”

By the way, I like the emphasis on food and gasoline, since the official Consumer Price Index does not include — are you ready for this? — food and energy!

Grocery prices increased 6.5% in March from early January, an annualized increase of 26%, according to a report from Consumer Growth Partners. The group called the rise the “sharpest in a generation.”

…A 25% increase in gasoline prices this year combines with higher food costs to take $18 billion out of monthly household spending on discretionary items… Consumer Growth said in its report, which compiles data from Target, Walmart and Aldi stores in four U.S. states.

No word on whether the price of sticky notes has gone up significantly. If we all do our part, however, demand should skyrocket!

Hat tip: Doug Ross / Cross-posted
Read the rest here.

Getting Started

  • Get some sticky notes, either regular or “Super Sticky,” in whatever color you like. 3″x3″ is the best size for this purpose.
  • Bring something to write with that won’t run if it gets wet, such as an ordinary ballpoint pen, a Sharpie marker (the new retractable felt-tip is easier to carry), or even a pencil.
  • After posting each note, use your cellphone or a pocket camera to snap a photo of it before you leave.
  • If you have a Facebook account, please upload the photos to the Facebook event page as explained above.

Optional: Ordering Preprinted Sticky Notes

  • You can create your image ahead of time using your own graphic program (e.g., Photoshop or GIMP) and your own fonts. For an image that will be printed on a 3″x3″ notepad, the original should be 900×900 pixels or larger. Alternatively, you can draw your art with black ink on white paper and scan the image at 300dpi or greater. Save the result in .png format.
  • If you are not equipped to create your own digital image, you can often use the design software provided by the print shop or office supply retailer to create your image. They can also scan and upload your artwork from paper if you don’t have access to a scanner.
  • You may want to get together with your friends and fellow political activists to share the expense of ordering sticky note pads with several different messages.
  • A less expensive alternative is to order a self-inking rubber stamp with an image that will fit on a sticky note.
  • Sample sticky-note images created by 1389AD are shown below. Feel free to print from them, distribute them to others, and so forth, without restriction.

How's that hopey-changey thing workin' for ya? - Click for full-size art High fuel prices make EVERYTHING cost more! - Click for full-size art Drill, baby, drill! - Click for full-size art

Hope & Change turned out to be a lot of PORK! - Click for full-size art Empty wallet, nothing left but CHANGE! My only HOPE is NObama 2012! - Click for full-size art How's that hopey-changey thing working for you? - Click for full-size art

Inflation - it's what's for dinner! - Click for full-size art

Click each image to get free high-resolution reproducible art.

Sticky Note Campaign – Yes We Can

Sticky Note Campaign – Can’t Afford Gas

Uploaded by KingSmokeRing on Apr 30, 2011

****** “America’s GAS-ROOTS movement”! ******

visit https://www.facebook.com/event.php?eid=197324990309059

Purchase a pad of large sticky notes. Write on each one, “How’s that Hope & Change working out for you?” Every time you stop to fill your vehicle with gas, place your sticky note somewhere on the pump before you drive away. DO NOT be destructive in ANY way! Place your sticky note somewhere, so as not to impede the next customer’s ability to read the pump’s digital readout.

After placing your sticky note, please consider taking a digital picture, then uploading it to our wall. Please tell us in which city and state the picture was taken. This is meant to be a “quiet” protest by our silent majority of Americans, to be served upon this administration!! Thank you all for your support!

Also see:


Originally published on 1389 Blog.


Bernanke pushing for Obama’s Re-Election

by Phantom Ace ( 8 Comments › )
Filed under Barack Obama, Economy, Elections 2012, Headlines, Progressives at April 28th, 2011 - 12:29 pm

Ben Barnanke is pursuing a 3rd World economic policy. His monetarization of our debt or quantitative easing has created inflation. This has artificially boosted economic numbers to make it seem as if there’s economic growth. Bernanke is doing this help Obama’s 2012 re-election efforts.

As we approach next year’s presidential elections, the chances of President Barack Obama being ousted by a rival from either side of the political divide are low, according to Thanos Papasavvas, the head of currency management at Investec Asset Management

“History is very much on the side of the incumbent President and unless we have a double-dip recession with a significant increase in unemployment I don’t believe Obama will lose 2012,” Papasavvas said in an interview with CNBC on Thursday.“On the economic side, any signs of a deteriorating economic environment will see the Fed enacting QE3 (the third round of quantitative easing, or creating money) and hence indirectly reducing the probability of the economy derailing Obama,” Papasavvas added.

With the Republicans divided and no major rival yet to emerge, Papasavvas believes the American right wing will keep its powder dry for 2016 when four years of fiscal austerity will play into their hands.

It’s a gamble that could backfire as inflation, combined with lack of wage growth is devastating America’s living standards. This in turn will fuel voter anger at Obama. If Obama re-election is Bernanke’s goal, inflation is not the way to do it. It will all but ensure Obama is defeated. The Federal Reserve shouldn’t play politics with our economy!