Thursday, February 24, 2011

Obama Spends & spends


THE DAMAGE OBAMA HAS DONE

By: DICK MORRIS & EILEEN MCGANN

The mainstream media does not cover the full extent of the damage the Obama Administration has inflicted on this country. Even FOX News often doesn't have the time to go into sufficient depth to explain what is happening.

From our friend Ruth S. King comes a chart which all of us should read and absorb, sobering though it may be:
 
January 2009
Today
% chg
Source
Avg. retail price/gallon gas in U.S.
$1.83
$3.104
69.6%
1
Crude oil, European Brent (barrel)
$43.48
$99.02
127.7%
2
Crude oil, West TX Inter. (barrel)
$38.74
$91.38
135.9%
2
Gold: London (per troy oz.)
$853.25
$1,369.50
60.5%
2
Corn, No.2 yellow, Central IL
$3.56
$6.33
78.1%
2
Soybeans, No. 1 yellow, IL
$9.66
$13.75
42.3%
2
Sugar, cane, raw, world, lb. fob
$13.37
$35.39
164.7%
2
Unemployment rate, non-farm, overall
7.6%
9.4%
23.7%
3
Unemployment rate, blacks
12.6%
15.8%
25.4%
3
Number of unemployed
11,616,000
14,485,000
24.7%
3
Number of fed. employees, ex. military (curr = 12/10 prelim)
2,779,000
2,840,000
2.2%
3
Real median household income (2008 v 2009)
$50,112
$49,777
-0.7%
4
Number of food stamp recipients (curr = 10/10)
31,983,716
43,200,878
35.1%
5
Number of unemployment benefit recipients (curr = 12/10)
7,526,598
9,193,838
22.2%
6
Number of long-term unemployed
2,600,000
6,400,000
146.2%
3
Poverty rate, individuals (2008 v 2009)
13.2%
14.3%
8.3%
4
People in poverty in U.S. (2008 v 2009)
39,800,000
43,600,000
9.5%
4
U.S. rank in Economic Freedom World Rankings
5
9
n/a
10
Present Situation Index (curr = 12/10)
29.9
23.5
-21.4%
11
Failed banks (curr = 2010 + 2011 to date)
140
164
17.1%
12
U.S. dollar versus Japanese yen exchange rate
89.76
82.03
-8.6%
2
U.S. money supply, M1, in billions (curr = 12/10 prelim)
1,575.1
1,865.7
18.4%
13
U.S. money supply, M2, in billions (curr = 12/10 prelim)
8,310.9
8,852.3
6.5%
13
National debt, in trillions
$10.627
$14.052
32.2%
14
Just take this last item: In the last two years we have accumulated national debt at a rate more than 27 times as fast as during the rest of our entire nation's history. Over 27 times as fast! Metaphorically, speaking, if you are driving in the right lane doing 65 MPH and a car rockets past you in the left lane 27 times faster . . . it would be doing 1,755 MPH!

Sources:
(1) U.S. Energy Information Administration; (2) Wall Street Journal; (3) Bureau of Labor Statistics; (4) Census Bureau; (5) USDA; (6) U.S. Dept. of Labor; (7) FHFA; (8) Standard & Poor's/Case-Shiller; (9) RealtyTrac; (10) Heritage Foundation and WSJ; (11) The Conference Board; (12) FDIC; (13) Federal Reserve; (14) U.S. Treasury

Friday, February 18, 2011

My responce to Sen Nelson



February 17, 2011
Dear Lisa,
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A bipartisan group of the state's political and business leaders have pursued high-speed rail in Florida for decades, because it means more than $2.4 billion in economic aid, thousands of construction jobs and a modern transportation link between several of the state’s largest cities. That’s why I support it. I’m joined by state lawmakers and many members of Florida's congressional delegation, who also question the governor’s decision to kill high-speed rail. One is U.S. Rep. John Mica, the Winter Park Republican who chairs the House Transportation Committee. Also, federal transportation Secretary Ray LaHood, a Republican, has expressed disappointment. If Florida doesn’t take the money, another state will. So, some of us will look for ways to save the rail project. Meantime, please don’t hesitate to pass along your thoughts. Click here for a video with more information


MY RESPONSE TO THE SENATOR 


Dear Mr. Nelson,
I had a lot of respect for you since I met you when you were the insurance commissioner of Fl, But for the life of me I can't understand why you have changed so much since, I a 68 year old, neither a Rep or a Dem, I live on $700 a month SS and willing to tighten my belt even tighter for the sake of saving this beloved US of A from ruin. Very simple, we have tried Stim 1-2 unemployment hasn't changed & at a standstill 9%+. The Deficit is almost 15T and rising by the minute.
You want high speed rail? You remind me of the big spender that is maxed on his CC but wants to go out and buy a Lamborghini, WHAT A JOKE!! Just look at Amtrak (Gove leach) what in the world is a speed train from Tampa to Miami going to produce?  A flight takes 20Min cost $49.00 how can you beat that?
 If you really want Americans to have jobs have privet sector & industries come to Fl, This State is paradise for entrepreneurs, privet sector & industries,
Mr. Nelson I will not allow anyone to burden my children and grand children with a deficit, taxes and most of all a dismal future for our country.
I will take this opportunity and whole heatedly bid you a happy and restful retirement.
Thanks again for thinking of me.
Sincerely
Lisa Cohen