Showing posts with label Nancy Pelosi. Show all posts
Showing posts with label Nancy Pelosi. Show all posts
Friday, December 4, 2015
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9:10 AM
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Barack Obama,
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| The final year begins in January. |
The final jobs report for the year comes out and it seems like President Barack Obama is smiling all the way. The unemployment rate remains unchanged but it did net over 211,000 jobs.
U.S. job growth increased solidly in November in a show of the economy's resilience, which most likely paves the way for the Federal Reserve to raise interest rates this month for the first time in nearly a decade.
Nonfarm payrolls increased 211,000 last month, the Labor Department said on Friday. September and October data was revised to show 35,000 more jobs than previously reported.
The unemployment rate held at a 7-1/2-year low of 5 percent, even as people returned to the labor force in a sign of confidence in the jobs market. The jobless rate is in a range many Fed officials see as consistent with full employment and has dropped seven-tenths of a percentage point this year.
Federal Reserve chief Janet Yellen may raise the federal interest rate. She believe the government is healthy enough for the interest rate to increase to at least 4%.
Yellen said the economy needs to create just under 100,000 jobs a month to keep up with growth in the working age population.
The Fed's policy-setting committee will meet on Dec. 15-16. Market-based measures of Fed policy expectations assign a probability of 79.1 percent to the central bank's raising interest rates at that meeting, according to the CME Group’s FedWatch site.
The dollar extended gains against a basket of currencies, while prices for U.S. government bonds fell. U.S. stock futures extended gains.
The second month of strong job gains should allay fears the economy has hit a soft patch, after reports showing tepid consumer spending in October and a slowdown in services industry growth in November. Manufacturing contracted in November for the first time in three years.
Though wage growth slowed last month, economists say that was mostly payback for October's outsized gains, which were driven by a calendar quirk. Anecdotal evidence, as well as data on labor-related costs, suggest that tightening job market conditions are starting to put upward pressure on wages.
Average hourly earnings increased four cents, or 0.2 percent from 0.4 percent in October. That lowered the year-on-year reading to 2.3 percent from 2.5 percent in October. The average workweek, however, dipped to 34.5 hours from 34.6.
Other labor market measures that Fed officials are eyeing as they consider lifting the benchmark overnight interest rate from near zero were mixed.
The labor force participation rate, or the share of working-age Americans who are employed or at least looking for a job, rose to 62.5 percent from a near 38-year low of 62.4 percent.
But a broad measure of joblessness that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment rose one-tenth of a percentage point to 9.9 percent.
Employment gains in November were broad-based, though manufacturing shed 1,000 positions and mining lost 11,000 jobs.
Manufacturing has been crippled by a strong dollar, efforts by businesses to reduce bloated inventory and spending cuts by energy companies scaling back well drilling and exploration in response to sharply lower oil prices.
| House Speaker Paul Ryan's (R-WI) first months as House Speaker have been so far "fair" to say at least. |
Oilfield services provider Schlumberger (SLB.N) this week announced another round of job cuts in addition to 20,000 layoffs already reported this year. The company said it expected the slowdown in drilling activity to continue in 2016.
Construction payrolls increased 46,000 last month. With 163,000 jobs added, the services sector accounted for the bulk of the increase in employment last month. Retail jobs rose 30,700 and transportation and warehousing employment rebounded after two straight months of declines.
Professional services added 27,000 jobs and government payrolls increased 14,000 last month.
Of course, the conservative agitators will not accept this good news. They keep repeating the debunked talking points that over 94.6 million people are unemployed.
And I will continue to tell you that 1/3 of the U.S. population is either in the iron college, attending high school or college, disabled, retired or dead.
Republicans have not passed any legislation to create jobs. They've shown the world that they're incapable of governing. They won power to just showboat their ignorant agenda.
Newsflash: We have mass shootings in the United States. People are dying because of gun violence everyday. Over 245,000 people have been killed by firearms. We have a large generation of retiring people. We are going through a baby boom. We are having more people quit their jobs in search of better jobs. We have people in college, high school, and vocational school. We have people on disability.
Friday, November 6, 2015
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9:12 AM
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Bernie Sanders,
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| Rep. Paul Ryan (R-WI) in 2010 meets with President Barack Obama. |
Well it seems like the ney sayers will have an opportunity to debate the October jobs numbers.
It seems like House Speaker Paul Ryan (R-WI) and Majority Leader Mitch McConnell (R-KY) will have to find some reason to attack the president for 95 million people not working.
Conservatives are fucking stupid. They seem to be fixated on this notion that 95 million people not working. If 95 million people aren't working, then 1/3 of the nation isn't working.
So that means over a third of 320 million Americans are determined to be lazy gubmint leeches right?
Nevermind the incarcerated, the disabled, the retired, the underage, those attending college and the dead. Nevermind those who felt confident to quit their jobs. Nevermind those who were laid off, fired, or temporarily hired for a selective period.
To spread a misleading statement as fact is the reason to why Ben Carson and Donald Trump in the lead. That helped Sen. Ted Cruz (R-TX) and Sen. Marco Rubio (R-FL) gain momentum.
Anyway, the unemployment drops to 5 percent after it was revealed 271,000 jobs were recorded for the month of October.
This strong jobs report may push Janet Yellen, the Federal Reverse chief to push the interest rate up.
Employment gains in October were broad-based, though manufacturing added no jobs and mining shed 4,000 positions.
Manufacturing has been hit by a strong dollar, efforts by businesses to reduce bloated inventory and spending cuts by energy companies cutting back on well drilling and exploration in response to lower oil prices.
Mining employment has declined by 109,000 since peaking in December 2014. Oilfield services provider Schlumberger last month announced further layoffs in addition to the 20,000 jobs it has already eliminated.
Construction payrolls, however, increased 31,000 last month, the biggest gain since February.
The services sector added 241,000 jobs last month, with large gains in retail, health and leisure. Government payrolls increased 3,000 last month.
It seems like the president and Secretary of State John Kerry will also reject the building of the controversial Keystone XL pipeline. TransCanada put a lot of influence in the Congress. They were bidding for lawmakers to support the measure. Many Republicans claim the pipeline will create 30,000 jobs. Many Democrats said that tar sand oil could be dangerous to the environment.
Republican passed a bill supporting the pipeline. The president swiftly vetoed the bill and it died.
The pipeline would cut through a lot of properties. A lot of people have to lose land due to government seizure of land.
What could happen if there's an earthquake and the pipeline is ruptured?
Once the pipeline is completed, how many jobs will it take to work on the pipeline?
The Justin Trudeau effect helped a lot.
Trudeau who won the Canadian national elections to become the next prime minister. He opposes the Keystone XL pipeline.
Thursday, October 29, 2015
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8:32 AM
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Donald Trump,
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Kevin McCarthy,
Lindsey Graham,
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| Will it get better? - Rep. Paul Ryan (R-WI) |
The former vice presidential nominee is now third in line in the power of succession. The House of Representatives voted today to place him at the gavel. He will now have the difficult task of trying to get the House in order.
The Republican lawmaker from Janesville was really reluctant to take the task, but for the sake of the party, he decided to jump into this.
Paul Davis Ryan, you got a big House. Mr. Ryan, the pressure is now on you to work with President Barack Obama and the members of Congress.
You will be the third Midwestern lawmaker to become the most powerful (and yes gullible) lawmaker in the country. You will be issued Secret Service detail and a cool perks being the House Speaker. You are going to make tough decisions that may help or hurt the country.
Many in the insurgency thought Ryan will be willing to compromise with the Democrats. Ryan also said that he will work with the president. He warned Republicans that he will not cave to pressure from either the president or a handful of insurgents.
The White House has called the new Speaker and wished him well.
His predecessor Rep. John Boehner (R-OH) said that he will get the budget and debt ceiling debacle completed before he steps down. Today the House had passed the legislation. The senate will take up the measure. Of course, I am guessing that Sen. Rand Paul (R-KY) and Sen. Ted Cruz (R-TX) will find ways to derail the deal.
He was the chairman of House Ways and Means committee. He held that position for a couple of years now.
Picking him was a controversial move.
The 1st Congressional District has a Cook PVI rating of Republican +3. His district is a swing that leans Republican.
Thursday, July 2, 2015
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1:18 PM
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Barack Obama,
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Joe Biden,
John Boehner,
Lindsey Graham,
Mitch McConnell,
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Sean Hannity,
Ted Cruz,
unemployment,
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| President and First Lady Obama greet Girl Scouts outside the White House. The best two weeks for the president. Affordable Care Act is here to stay, marriage is equal, and the jobs market is improving. Also the White House now allows photos. Great day for Barack Obama. |
The good news is that 225,000 jobs were reported for the month of June. The unemployment rate has dropped to 5.3%. Thus sealing a set of two good weeks for a president most in the media written off as a lame duck.
President Barack Obama's policies have improved the economy.
His executive order also gives salaried workers who make less than $50,000 a pay raise. It's a temporary fix until the lame Congress officially pass a worker's pay bill which includes an adjustment to the minimum wage.
The AP reports the Labor Department said Thursday that the unemployment rate dropped from 5.5 percent in May. The rate fell mostly because many people out of work gave up on their job searches and were no longer counted as unemployed.
Other details in the report were less encouraging: The percentage of Americans working or looking for work fell to a 38-year low. Average hourly pay was flat. And employers added 60,000 fewer jobs in April and May than the government had previously estimated.
For the first five months of 2015, monthly job growth averaged 217,000, a healthy streak that has been steadily absorbing the unemployed as well as part-time workers looking for more hours.
That job growth has raised economists' expectations that the Fed will soon boost the key short-term rate it controls in September or, if not, in December. The Fed has kept that rate at a record low near zero for 6½ years to support the economy. A Fed rate hike would lead to higher rates for mortgages, auto loans and other borrowing.
Strong hiring has endured this year despite a miserable winter, which helped cause the economy to contract 0.2 percent at an annual rate in the January-March quarter.
| Politifact rated Stallmigo Ted Cruz (R-TX) statements on unemployment false. He took that talking points from an annoying conservative agitator and used it for his attacks. |
A survey of purchasing executives at manufacturing firms released this week found that factories reported a scant rise in orders in June but ramped up hiring anyway.
Americans are finally spending more after boosting their savings earlier this year, in part because they're growing more confident about the economy. The Conference Board said Tuesday that its consumer confidence index reached 101.4, matching March's figure for the second-highest level since the recession.
That's good news for auto dealers and real estate agents. Auto sales jumped to nearly a 10-year high in May. The National Automobile Dealers Association forecasts that sales will top 17 million this year for the first time since 2001.
And home sales are running at an eight-year high and boosting construction. Permits to build homes jumped 11.8 percent in May to the highest level since 2007.
| Good news pisses this old fart off. |
The workforce rate dropped to 62.5%. The lowest since 1977. That means a slight improvement from normal figures.
The jobs report for the month of June comes roaring like a lion and the conservative agitators are still devoted to making the ridiculous claim that 93 million people not being in the workforce. Of course, they don't explain to their stupid followers that it's based on statistics not policies.
The biggest nay sayer in the junk food media is an old fart. That old fart is Rush Limbaugh.
Jobs are being loss. Yeah, because the radio stations keep you and that annoying conservative agitator Sean Hannity on the radio. You squeeze out the local agitators. For you see, if you see an old fart like Rush Limbaugh dominate 573 radio stations across the country, he already destroyed 80 jobs.
It already cost a lot to put this piece of shit on radio. He's not profitable. When they kick him off the radio station, that puts people out of jobs. Matter of fact, the progressive radio stations have to sell their stations to accommodate to you. So that means you put agitators like Thom Hartmann, Stephanie Miller, Bill Press and Alan Colmes on the street. They don't have the 500 stations. They barely have 50 affiliates.
In reality, if you have a bunch of people not in the workforce, I am guessing that some are not looking for service jobs. Many careers for a post graduate are not hiring. Construction is up. I mean when it rains or when the working season is over, construction is halted.
Out of 320 million people, there's over 56 million people who are leaving the job force through retirement. At least 100,000 people die in the United States a day. The baby boomers are retiring at a faster rate. There are 38 million people who are between the age of 16 - 25 either in high school or attending college. There are active college student that don't work.
So lumping in everything would make sense if you count the dead bodies, force the retired back to work, tell the disabled to get to work and tell children under 16 to pick up a job application.
Friday, June 5, 2015
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11:38 AM
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Barack Obama,
Harry Reid,
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John Boehner,
John McCain,
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Maxine Waters,
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Mo Brooks,
Nancy Pelosi,
Rand Paul,
Ted Cruz,
Tim Scott
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| Haters are gonna hate. The jobs are coming and the ney sayers are complaining about it! |
The U.S. Department of Labor released its jobs report for May. Another good day for the president, a lot of belly aching for the conservatives. The May jobs were around 280,000 giving the jobs rate a rise to 5.5%. This rise was due to an uptick in those who gave up on searching for jobs and those underemployed.
Nevertheless, another healthy jobs report means the president created more jobs than his predecessor.
But will the partisan agitators make noise about it?
Of course.
They can't tolerate good news in the country. They believe everything that President Barack Obama's done has ruined the country. The gas below $3.00 a gallon in most states, the unemployment numbers are below 6%, the stock market has improved, the world looks to the United States as a developing partner, and many are spending $$$$ on luxuries.
This ends a slump of slow job growth that seemed to hoover.
The AP added that last month's strong job growth suggests that employers remained confident enough to keep hiring even after the economy shrank during the first three months of the year. The government also revised up its estimate of job growth in March and April by a combined net 32,000.
Construction and health care companies the drove the May job growth. On the negative side, persistently cheaper oil led energy companies to shed workers for a fifth straight month.
Still, average hourly wages rose only 2.3 percent from a year earlier. Tepid pay gains has been a persistent problem for the economy.
| Still bitching and whining. |
Consumers, the main driver of the U.S. economy, remain fairly cautious. Factory orders have dropped. But Friday's solid jobs report could help confirm the economy's vitality.
Auto and home sales are accelerating despite otherwise slow-spending consumers. More big employers, such as Wal-Mart, have unveiled pay hikes.
Those factors could power faster growth, fuel job gains and boost wages. If they do, a broader economic recovery than the one that's existed in the six years since the Great Recession officially ended could emerge.
Over the past 12 months, around 3 million jobs have been added. Those additional paychecks helped increase spending on housing and autos. Sales of newly built homes have surged 23.7 percent through the first four months of 2015 compared with a year ago, government data show. Rising demand for new homes could lead construction firms to ramp up hiring.
Americans bought 1.64 million cars and trucks in May, the most since July 2005. If that trend were to endure, it would benefit a manufacturing sector that's added a scant 4,000 jobs since January.
Employers seem to be envisioning a healthier economy, given that the weekly number of people applying for unemployment benefits — a proxy for layoffs — has remained under a historically low 300,000 for more than four months. By holding on to nearly all their workers, businesses are ensuring that they will have the capacity to respond to greater customer demand.
But the economy faces other challenges. The dollar has appreciated about 19 percent in the past year against other major currencies. That trend has made U.S. goods costlier overseas, thereby squeezing exports and the U.S.-based branches of foreign companies.
Nor has cheaper gasoline delivered much help. Instead of sparking the wave of consumer spending that many economists had expected, a nearly 45 percent drop in oil prices since July has damaged a U.S. economy increasingly reliant on energy drilling. The energy industry has shed workers and cut orders for pipelines and equipment.
The setbacks have been substantial enough that the International Monetary Fund on Thursday said it thinks the Federal Reserve should hold off on raising short-term interest rates until 2016. IMF Managing Director Christine Lagarde, saying a rate increase could disrupt the economy, urged the Fed to await signs of wage growth.
Fed Chair Janet Yellen has said she expects to raise rates this year if the economy continues to improve, thereby ending nearly seven years of record-low rates.
Falling unemployment usually leads to fewer people seeking work, forcing employers to boost wages. But plenty of people are still searching for jobs. The aftermath of the recession has left 8.5 million people unemployed and seeking work, about 1.3 million more than were jobless before the downturn began in late 2007.
Companies often increase pay when their workers become more productive. Yet productivity fell at a 3.1 percent annual rate in the first quarter — a sharper drop than the decline estimated a month ago, the government said Thursday.
Monday, June 1, 2015
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6:13 PM
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Barack Obama,
Chicago,
FBI,
John Boehner,
LGBT,
Loretta Lynch,
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Mike Lee,
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stupidity,
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white male privilege
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| Former lawmaker can't wrestle out of a federal indictment. Former Illinois Republican Representative Dennis Hastert is under fire for allegedly paying off a male lover after he threatened to reveal his past. He is a former House Speaker. |
Former Illinois Republican lawmaker Dennis Hastert is going to be facing a federal judge after he was caught lying to the FBI over transactions. He was hiding money. He was trying to pay off a male lover after the lover threatened to reveal his past encounters with him.
Hastert was the former House Speaker who preceded over the worst record of controversial lawmakers in Washington.
Under Hastert, there were a lot (I MEAN A LOT) of lawmakers who were caught in sex scandals, ethical situations and political corruption.
Who would of thought a former House Speaker was all in it?
I mean Rep. Nancy Pelosi (D-CA) was a way better House Speaker than what we got now!
Rep. John Boehner (R-OH) is the current House Speaker. He's nicknamed the Weeper because he cries at every event that mentions his name.
Pelosi had bigger balls than Hastert and Boehner.
Anyway, Yorkville, Illinois is pulling the plug on the Hastert name. They are scrubbing his name from Wheaton University and taking the street signs off the road.
Republican lawmakers pretend like they didn't know that stuff happened.
They were shocked and saddened by this.
Pelosi probably shook her head and said, damn this what the voters wanted!
Hastert was indicted by federal prosecutors who allege he evaded the requirement that banks report cash transactions over $10,000, and made false statements to the FBI about his withdrawals, in a hush money scheme. According to the federal indictment,
Hastert allegedly paid $1.7 million to a former student at Yorkville High School "in order to compensate for and conceal his prior misconduct" against that individual during Hastert's time as a teacher and wrestling coach there.
If found guilty on these charges, Hastert will get up to ten in federal time out with $250,000 fine.
A crazy video emerges. A guy from Yorkville calls Hastert and it's creepy. The look on the man's face is priceless.
Sunday, May 31, 2015
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7:44 PM
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Barack Obama,
Government Shutdown,
Harry Reid,
Joe Biden,
John Boehner,
John McCain,
Joni Ernst,
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Mike Lee,
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Rand Paul,
stupidity,
Tea Party,
Ted Cruz,
Tim Scott,
Tom Cotton
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While I do agree that the Patriot Act is an overreach by the federal government, I think that presidential candidate and Stallmigo Rand Paul (R-KY) is throwing his hypocrisy into this.
The very same Paul rather meddle between a woman's legs, a Black man's firearms, a poor family's safety net and a family's Obamacare subsidies. Paul wants the big old bad gubmint stop looking into your cell phone.
After all his stupid son probably was incriminating himself with pictures of him smoking a bong while playing with snow lines.
Paul is already not making friends in the Republican race for the red nose. Paul put on his makeup and juggling his balls hoping he can pick off young minds with legal weed and low incarceration.
On a rare Sunday night, the U.S. Senate is in session. His fellow senator, Majority Leader Mitch The Turtle (R-KY) called for a vote on the "Uniting and Strengthening America by Fulfilling Rights and Ending Eavesdropping, Dragnet-collection and Online Monitoring Act." For the smart people this is called the USA Freedom Act.
This bill is sponsored by Wisconsin Rep. Jim Sensenbrenner (R-WI), the creator of the Patriot Act.
He also sponsored this bill a few years back and it didn't get traction. In October 2013, he introduced the USA Freedom Act in the House, a bill designed to curtail the powers of the NSA and end the NSA's dragnet phone data collection program. The bill is supported by civil liberties advocacy groups, including the American Civil Liberties Union.
Even he's skeptical of his own law. Did he even read this shit?
NOPE.
The USA Freedom Act was not passed by the U.S. Senate on May 22, 2015. By a vote of 57-42, the Senate did not pass the bill that would have required 60 votes to move forward, which means that the NSA must start winding down its domestic mass surveillance program this week. The Senate also rejected, by 54-45, also short of the necessary 60 votes, a two-month extension for the key provision in the Patriot Act that has been used to justify NSA spying, which is set to expire on June 1, 2015.
| I don't want to jeopardize the lives of Americans because of a handful of lawmakers standing on principles that are wrong. |
The Republican majority promised transparency. They promised jobs. They promised to deny President Barack Obama a victory. So far, they are destroying themselves to defeat Obama.
They are wasting time trying to pass symbolic votes on restricting abortions, gutting the safety net, passing that stupid Keystone XL pipeline, restricting the president's executive powers on education, immigration, and raising the minimum wage. They are not working on passing reasonable gun control, refusing to work on peace deals with Cuba and Iran. They are pushing for troops in the battle against the Islamic State and Boko Haram. They want to waste time on Benghazi hearings, IRS emails, Hillary Clinton's missing emails, and dragging Attorney General Loretta Lynch into committee hearings about Fast & Furious.
With Paul's temper tantrum and some of his fellow Republicans and even Democratic allies calling upon the end of bulk collection done by the NSA, it seems like the bill is possibly on its way to defeat.
Here's the filibuster. Paul runs 11 hours of whine.
Again, this lawmaker has no legislative accomplishments and they act like he's a god.
Friday, May 15, 2015
Posted by
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12:00 AM
Labels:
Alex Jones,
Barack Obama,
Harry Reid,
Huffington Post,
John Boehner,
Matt Drudge,
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Nancy Pelosi,
Philadelphia,
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Washington DC
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comments
| Don't ask Weeper Boehner (R-OH) for help. He tells the junk food media that the conductor was going too damn fast. |
The tragedy in Philadelphia. I've ignored it for a moment. I wanted to get my facts right before I go into this story. I want to be clear that the train conductor is under investigation and he's lawyer up.
The controversy is whether a Washington-New York bound Amtrak train was going too damn fast around a curb or the issue regarding faulty infrastructure.
World News Today sends our condolences to the families lost in this horrible tragedy.
We got this foolish Weeper. Congressman John Boehner (R-OH) is the most dumbest or just legally incompetent lawmaker to ever hold leadership. This man is such a diva.
With the body count standing at eight with nearly 80 injured badly, the Congress is full steam ahead on issues that matter. Late term abortion, repealing Obamacare, passing legislation to repeal Dodd-Frank, and trying to meddle in the Iranian nuclear deal.
They have nothing on the table when it comes to jobs, education, infrastructure repair and unemployment benefits. Oh, them's entitlements, right?
Boehner during a press conference went off on a reporter after she questioned the Republican budget bill that required major cuts to Amtrak.
Boehner shot back.
This is the guy who believes President Barack Obama is arrogant.
Look in the mirror and don't cry when you see yourself.
The NTSB and Pennsylvania state police are investigating the tracks, the conductor and the reason to why the train derailed.
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