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Posts Tagged ‘Progressive Propaganda’

Geithner admits there is no Obama Boom!

by Phantom Ace ( 168 Comments › )
Filed under Economy, Liberal Fascism, Media, Misery Index, Progressives at June 22nd, 2010 - 1:30 pm

Just a month ago the US media was singing the praises of the Obama economic boom. They were claiming an unprecedented era in economic prosperity was emerging in America. Well a disappointing jobs report, fall in housing sales and increasing health-care premiums due to Obamacare have ended this talk. In a shocking revelation of the truth, Treasury Secretary Timothy Geithner admits the US economy is fragile!

US Treasury Secretary Timothy Geithner on Tuesday said the US economy was “still going through an incredibly difficult period,” as he warned the impact of the crisis would be “lasting.”

“Millions of Americans are still looking for work and are suffering from the damage of a deep recession. The impact of this crisis will be lasting,” he said in prepared testimony to Congress.

While heralding progress in unwinding government stimulus spending, Geithner stressed the United States was still not out of the woods.

Read the rest: US economy still in ‘difficult period’: Geithner

As much as Joe Biden wants to promote the recovery, the truth says otherwise. There is NO Obama Boom. It was a lie started by Newsweek to help the Democrats in the fall.

In other news the US spent $2 million promoting condom use among drug addicts in Kazakhstan. Your tax money at work… for other nations.

Retail sales decline as Obama Boom continues.

by Phantom Ace ( 71 Comments › )
Filed under Ahmadinejad, Barack Obama, Democratic Party, Economy, Elections 2010, Iran, Leftist-Islamic Alliance, Media, Misery Index, Progressives at June 11th, 2010 - 10:30 am

The greatest economic recovery since the Carter years continues. Retail sales declined in May, supposedly unexpectedly, as the Progressive Propaganda Media’s spin of a booming economy is falling apart. This is the second report in a week, including last week’s job numbers that is exposing the made up Obama boom.

WASHINGTON (Reuters) – Sales at retailers unexpectedly fell in May for the first time since September following a record slump in purchases of building materials, adding to fears the economic recovery was losing some steam.

The Commerce Department said total retail sales dropped 1.2 percent, the largest decline since September, after rising by an upwardly revised 0.6 percent in April. Sales in April were previously reported to have increased 0.4 percent.

Read the rest: Unexpected decline in retail sales fans recovery fears

Here’s what the media is really worried about and it’s not the stagnant US economy.

Restoring the economy to health is a key priority for President Barack Obama and voter anguish over the slow pace of the recovery could inflict heavy losses on the Democratic Party in November’s Congressional elections.

It’s all about Obama and the Democrats electoral situation the media is concerned with. Clearly Obama’s economic policies are failing. The problem with the US economy was too much debt, outsourcing of good jobs and stagnant wages. Obama has addressed none of these and until they are addressed the US will continue its descent into economic has been status. The Stimulus put us in more debt and this is capital sucked out of the private markets that should be going to investments.

The Obama Boom is over and we hardly knew it!

Update:In other news, Barack Hussein Obama  is pressuring Congress to weaken the Iran sanctions bill that is being worked on. The fact Ahmadinejad once again called for Israel’s extermination doesn’t matter to the Obama regime.

The Obama administration, which labored for months to impose tough new United Nations sanctions against Iran, now is pushing in the opposite direction against Congress as it crafts U.S. sanctions that the White House fears may go too far.

Administration officials have begun negotiations with congressional leaders, who are working on versions of House and Senate bills that would punish companies that sell refined petroleum products to Iran or help the country’s oil industry.

As always the Obama regime rides to the rescue of the Ayatollahs.

No Job creation from the Obama Boom

by Phantom Ace ( 141 Comments › )
Filed under Barack Obama, Communism, Democratic Party, Liberal Fascism, Progressives, Tranzis at June 8th, 2010 - 7:00 pm

The Myth of the Obama Boom is over. Wall Street continues to decline as it realizes the emperor has no clothes. The once great and heralded economic boom, doesn’t exist. It was invented by Rahm Emanuel and the Progressive Propaganda Media. Last Friday’s anemic jobs report showed 41,000 private sector jobs. A dismal figure and the one that exposed the lie of the Obama Economic Boom!


This boom in government spending was supposed to produce a boom in the private economy. So far, we’re one boom short. The May jobs report is a perfect distillation of Obamanomics, with its emphasis on short-term help to the economy — the stimulus package, the cash-for-clunkers program, etc. — that is as sustainable as a sugar high.

The headline jobs number of 431,000 looked good, but 411,000 were temporary census jobs. They will soon disappear, unless we want to employ Americans in the counting of one another in perpetuity. The 41,000 new private-sector jobs were about 60,000 short of what it takes just to absorb the natural growth of the labor force.

The driving force in the private economy has been companies pulling back on the liquidation of their inventories, a natural effect that would’ve occurred even absent President Obama’s various stimuli. The reaction of the Democrats to the failure of all the stimulus is to support yet more stimulus.

Read the rest: Where are the jobs?

The Obama Boom is just another in a series of lies to prop up the failing regime of Barack Hussein Obama. The American public are tired of the lies yet our press keeps deceiving like claiming Obama is still popular. The press will do anything for their glorious leader!

The Obama Boom produces 41,000 Private Sector jobs in May and Rubio’s Statement on Israel

by Phantom Ace ( 144 Comments › )
Filed under Barack Obama, Economy, Elections 2010, Hamas, Islamic Invasion, Islamic Supremacism, Islamic Terrorism, Israel, Media, Misery Index, Progressives, Turkey at June 4th, 2010 - 1:00 pm

The greatest economic boom in American history continues its torrid pace of job creation. The media calls it the Obama Boom and Progressives are running around saying that things have never been better. Well, this great economic growth produced astronomical GDP growth of 3% in the 1st quarter! The Obama Boom is historic and living standards are rising at a pace not seen since the Carter years! For the month of May, the boom produced 41,000 Private Sector jobs!

WASHINGTON (MarketWatch) — Nonfarm payrolls grew by a seasonally adjusted 431,000 in May, but virtually all the new jobs were temporary jobs at the U.S. Census, leaving private-sector hiring very weak, the Labor Department reported Friday.

Excluding 411,000 temporary Census workers, payrolls rose by 20,000 in May. According to the survey of 400,000 business establishments, private-sector payrolls increased by 41,000, the fifth straight monthly gain.

“A disappointing private payroll number to be sure,” said John Ryding and Conrad DeQuadros of RDQ Economics.

The payrolls growth came in weaker than the 540,000 increase expected by economists surveyed by MarketWatch. See our complete economic calendar and consensus forecast.

Read the rest: Hiring weak in May except for Census workers, U.S. says

That great Obama recovery. The media is spinning that fact unemployment went down from 9.9% to 9.7%. This decline is due to the fact people are leaving the labor market after realizing the media is lying about the Obama Boom.

The decline wasn’t particularly good news, however, because it reflected 322,000 people dropping out of the labor force, partially reversing April’s 805,000 increase. While unemployment dropped by 287,000 to 15 million for May, employment also fell, dipping 35,000 to 139.4 million.

The truth of the matter is that there is no Obama Economic Boom. It is a lie put out there by the Progressive Propaganda media to prop up Barack Hussein Obama and create false confidence in the American public. Hiring 411,000 Census workers is not the path to prosperity for America. The mask is falling off of this Progressive lie about our economy and hopefully the American public will express their anger by voting out the current Congress in November.

On another note  Republican Senate Candidate Marco Rubio, expressed his full support for Israel.

Below is his Press Release:

I am alarmed that our long-standing solidarity with Israel has been thrown into doubt by a White House that seems to be playing a proverbial game of jump ball, whereby the world wonders on which side America will stand. Of course, we should stand with Israel. Doing otherwise sends a dangerously emboldening signal to Israel’s enemies.

Sadly, this recent flotilla event is only the latest example of the extent to which our special relationship with Israel has been diminished under the current Administration. Iran and its terrorist proxies have surely been watching approvingly as Washington continues these misguided policies.

As many in the international community use this flotilla incident to predictably rally against Israel, it is important to stand firmly behind our ally. In no way can the U.S. allow a path to be cleared that would enable the United Nations or any international body to discredit and diminish our democratic friend and partner. If Israel’s right to self-defense is undermined by misguided efforts to lift its legal and necessary blockade of Gaza, which serves to stop Hamas from arming itself with deadly weapons, there will be lasting consequences not only for Israel, but also for the U.S. and the entire world.

Make no mistake: while we await all the facts to emerge about this incident, it is clear the sponsors and participants of the Free Gaza Movement’s Flotilla have been thoroughly documented in their support of violent extremism. A far cry from being “humanitarian relief workers,” the activists on board the Mavi Marmara had a cache of bulletproof vests, night vision goggles and gas masks. This was no humanitarian mission.

Additionally, knowing that the blockade of Gaza exists for a legitimate reason and that Israel already provides avenues for true humanitarian efforts to reach the Palestinian people, this latest incident is a striking provocation by Israel’s opponents.

For the entirety of its existence, Israel has been targeted for annihilation by its enemies and we must never do anything to undermine its right to protect its people. As enemies such as Iran develop nuclear weapons that pose an existential threat to Israel, America has a responsibility to continue serving as its strongest and most steadfast ally.

Israel is a valued American ally and our closest and most reliable friend in the Middle East. Israel is neither the problem nor the obstacle to peace, and it should not be treated as one. By strengthening the U.S.-Israel alliance, we also strengthen the moderate, pro-U.S. elements in the Arab world. If the U.S. shows itself to be an unreliable ally to Israel, moderate Arab states will take note that they cannot trust the U.S. to be a reliable friend for them either. This is unacceptable for the future of U.S. security, Israel’s existence and the prospects for a lasting peace in the Middle East.

Read the press release here: Rubio: “Of Course, We Should Stand With Israel”