What Will Rod Post Next?Posted By Dave Snope |
The jobless report or the oil prices report?
Posts Made By: Dave Snope
November 15, 2012 05:55 PM
Forum:
Politics
November 17, 2012 09:46 AM
Forum:
Politics
Golden State Now #1 In PovertyPosted By Dave Snope |
This is what happens when liberals are firmly in charge of the world's 8th largest economy.
The Golden State has reached a poverty rate that is now twice as bad as West Virginia’s and substantially worse than the rates of poverty in Mississippi, Alabama, Arkansas and Texas, according to a new measure of poverty developed by the federal Census Bureau.
Democrat-run California earned its last-place rank under the federal government’s new measure of poverty, which incorporates more detailed analyses of welfare payments and the local costs of food, gasoline and housing. (View the new census data report)
The state’s costs are boosted by its environmental and workplace regulations, and by 38 million residents’ competition for housing close to the sea.
The new measure, dubbed the “Supplemental Poverty Measure,” revised the California’s poverty rate from 16.3 percent up to 23.5 percent.
Even Michigan, home of the much-reduced U.S. auto industry around Detroit, has a poverty rate of 13.5 percent, or 10 points lower than California’s rate.
That report rated California’s education system 43rd in the nation, just ahead of Alabama’s in 44th place and well behind Texas in 32nd place and Arkansas in 34th place, according to the foundation’s study, titled the 2012 Kids Count Data Book.
Read more: http://dailycaller.com/2012/11/16/golden-state-turns-to-lead-now-leads-poverty-rankings/#ixzz2CTHB4Alw
The Golden State has reached a poverty rate that is now twice as bad as West Virginia’s and substantially worse than the rates of poverty in Mississippi, Alabama, Arkansas and Texas, according to a new measure of poverty developed by the federal Census Bureau.
Democrat-run California earned its last-place rank under the federal government’s new measure of poverty, which incorporates more detailed analyses of welfare payments and the local costs of food, gasoline and housing. (View the new census data report)
The state’s costs are boosted by its environmental and workplace regulations, and by 38 million residents’ competition for housing close to the sea.
The new measure, dubbed the “Supplemental Poverty Measure,” revised the California’s poverty rate from 16.3 percent up to 23.5 percent.
Even Michigan, home of the much-reduced U.S. auto industry around Detroit, has a poverty rate of 13.5 percent, or 10 points lower than California’s rate.
That report rated California’s education system 43rd in the nation, just ahead of Alabama’s in 44th place and well behind Texas in 32nd place and Arkansas in 34th place, according to the foundation’s study, titled the 2012 Kids Count Data Book.
Read more: http://dailycaller.com/2012/11/16/golden-state-turns-to-lead-now-leads-poverty-rankings/#ixzz2CTHB4Alw
November 23, 2012 06:02 PM
Forum:
Politics
Word Of The DayPosted By Dave Snope |
Ineptocracy – (in-ep-toc’-ra-cy) : A system of government where the least capable to lead are elected by the least capable of producing, and where members of society least likely to sustain themselves or succeed, are rewarded with goods and services paid for by the confiscated wealth of a diminishing number or producers.
November 27, 2012 05:28 AM
Forum:
Politics
Barack's $0.9 Trillion Health Plan Now $2.6 TrilliPosted By Dave Snope |
Is this OK with you Obama supporters? Is there no price too high, no lie too small, for Dear Leader to earn your criticism?
And Carney just blows it off to the sycophantic reporters.
“The Affordable Care Act reduces the deficit considerably,” White House Press Secretary Jay Carney told reporters today. “I would simply point out to you that the Supreme Court has spoken, the American people have spoken, congressional leaders of both parties have spoken, and we’re going to continue with implementation.”
Today's CBO estimate:
And Carney just blows it off to the sycophantic reporters.
“The Affordable Care Act reduces the deficit considerably,” White House Press Secretary Jay Carney told reporters today. “I would simply point out to you that the Supreme Court has spoken, the American people have spoken, congressional leaders of both parties have spoken, and we’re going to continue with implementation.”
Today's CBO estimate:
November 27, 2012 08:26 PM
Forum:
Global Warming - REAL or NOT
As We Can See...Posted By Dave Snope |
We are entering the 30-year natural cooling cycle of the PDO right on schedule. CO2 goes up, leaving no trace of the model-predicted heat signature in the upper atmosphere, and mother nature ignores the models and goes on about her business: Hot in the 1870s, cold in the 1900s, hot in the 1930s, cold in 1960s, hot in 1990s ... and cold in 2020s.
My prediction: in 2025 or thereabouts, the media will be full of new "scientific" models predicting disastrous global cooling from manmade carbon soot, disastrous crop loss, extinction of fuzzy animals, increased "extreme weather", and more hot/cold/wet/dry all over the place.
Graph from C3 Headlines
My prediction: in 2025 or thereabouts, the media will be full of new "scientific" models predicting disastrous global cooling from manmade carbon soot, disastrous crop loss, extinction of fuzzy animals, increased "extreme weather", and more hot/cold/wet/dry all over the place.
Graph from C3 Headlines
November 28, 2012 02:39 AM
Forum:
Politics
Obama's Staff Won't Pay Their Fair SharePosted By Dave Snope |
I've never once been delinquent on paying taxes and I've never once even considered it as a viable option to an ethical, law-abiding, non-fine-paying lifestyle. I don't even understand the mindset of people who bring such a hassle upon themselves. Especially from well-paid, well-educated federal workers who apparently are doing this en-masse. Are they just above the law? Are they stupid? Do they spend their own money the same way they spend the taxpayer's money: perpetual deficit?
How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their "fair share" of taxes.
Because how unfair -- indeed, un-American -- it is for an office worker like, say, Warren Buffet's secretary to dutifully pay her taxes, while some well-to-do people with better educations and higher incomes end up paying a much smaller tax rate.
Or, worse, skipping their taxes altogether.
A new report just out from the Internal Revenue Service reveals that 36 of President Obama's executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven't paid any share, let alone their fair share.
http://news.investors.com/politics-andrew-malcolm/012612-599002-obama-white-house-staff-back-taxes.htm
How embarrassing this must be for President Obama, whose major speech theme so far this campaign season has been that every single American, no matter how rich, should pay their "fair share" of taxes.
Because how unfair -- indeed, un-American -- it is for an office worker like, say, Warren Buffet's secretary to dutifully pay her taxes, while some well-to-do people with better educations and higher incomes end up paying a much smaller tax rate.
Or, worse, skipping their taxes altogether.
A new report just out from the Internal Revenue Service reveals that 36 of President Obama's executive office staff owe the country $833,970 in back taxes. These people working for Mr. Fair Share apparently haven't paid any share, let alone their fair share.
http://news.investors.com/politics-andrew-malcolm/012612-599002-obama-white-house-staff-back-taxes.htm
November 30, 2012 08:22 AM
Forum:
Politics
A complete shift in the US labor modelPosted By Dave Snope |
When Dear Leader and the Royal Family are on their 17-day holiday in Hawaii during the fiscal cliff expiry date, they may experience a new and unpleasant phenomenon of service workers giving them piercing looks.
Here is what I am doing for the rest of the year -- working with every manager in my company so that as of January 1, 2013, none of our employees are working more than 28 hours a week. I think most readers know the reason -- we have got to get our company under 50 full time employees or else I am facing a bill from Obamacare in 2014 that will be several times larger than my annual profit. I love my workers. They make me a success. But most of my competitors are small businesses that are exempt from the Obamacare hammer. To compete, I must make sure my company is exempt as well. This means that our 400+ full time employees will have to be less than 50 in 2013, so that when the Feds look at me at the start of 2014, I am exempt. We will have more employees working fewer hours, with more training costs, but the Obamacare bill looks like about $800,000 a year for us, at least, and I am pretty sure the cost of more training will be less than that...
But this is going to be an ENORMOUS change in the rest of the service sector. I have talked to a lot of owners of restaurants and restaurant chains, and the 40-hour work week is a thing of the past in that business. One of my employees said that in Hawaii, it was all the hotel employees could talk about. Many chains are working on mutli-team systems where two teams of people working part-time replace the former group of full-time employees. 2013 is going to see a lot of people (who are not paid very well to begin with) getting their hours and pay cut by 25%. At the same time that they are required, likely for the first time since many are relatively young, to purchase health insurance.
http://www.coyoteblog.com/coyote_blog/2012/11/the-biggest-economic-story-of-2013.html
Here is what I am doing for the rest of the year -- working with every manager in my company so that as of January 1, 2013, none of our employees are working more than 28 hours a week. I think most readers know the reason -- we have got to get our company under 50 full time employees or else I am facing a bill from Obamacare in 2014 that will be several times larger than my annual profit. I love my workers. They make me a success. But most of my competitors are small businesses that are exempt from the Obamacare hammer. To compete, I must make sure my company is exempt as well. This means that our 400+ full time employees will have to be less than 50 in 2013, so that when the Feds look at me at the start of 2014, I am exempt. We will have more employees working fewer hours, with more training costs, but the Obamacare bill looks like about $800,000 a year for us, at least, and I am pretty sure the cost of more training will be less than that...
But this is going to be an ENORMOUS change in the rest of the service sector. I have talked to a lot of owners of restaurants and restaurant chains, and the 40-hour work week is a thing of the past in that business. One of my employees said that in Hawaii, it was all the hotel employees could talk about. Many chains are working on mutli-team systems where two teams of people working part-time replace the former group of full-time employees. 2013 is going to see a lot of people (who are not paid very well to begin with) getting their hours and pay cut by 25%. At the same time that they are required, likely for the first time since many are relatively young, to purchase health insurance.
http://www.coyoteblog.com/coyote_blog/2012/11/the-biggest-economic-story-of-2013.html
December 7, 2012 07:24 AM
Forum:
Politics
Obama Brings In The Big Brains On EconomyPosted By Dave Snope |
I'm all tingly with anticipation that the fiscal cliff could now turn in to an awesome bungee jump shot on GoPro video.
http://www.buzzfeed.com/zekejmiller/msnbc-hosts-vist-obama
http://www.buzzfeed.com/zekejmiller/msnbc-hosts-vist-obama
December 10, 2012 08:19 AM
Forum:
Politics
How Tax Increases Will Work For AmericaPosted By Dave Snope |
They'll follow the example set by California just after passing new Prop 30 tax increases to deal with the state budget shortfall. Raise taxes, spend more than you're getting, growing the deficit while actual revenues decline as more people and businesses leave.
Passage of Proposition 30 set off euphoria and expectations of higher spending for public employees. The California Teachers’ Association (CTA) trumpeted: "California students and working families won a clear victory today as voters clearly demonstrated their willingness to invest in our public schools and colleges and also rejected a deceptive ballot measure aimed at silencing educators, other workers and their unions.”
State bureaucrats immediately ramped up deficit spending far beyond the state's $6 billion annual tax increase, with the Departments of Health Services and Developmental Services increasing this month’s spending by over $1 billion versus last year. The lower tax collection and higher spending drove the State’s deficit after the tax increase to $2.7 billion for the first 5 months of this fiscal year. State Controller John Chiang reported:
November's disappointing revenues stand in stark contrast to recent news that California is leading the nation in job growth, has significantly improved its cash liquidity to pay bills, and even long-distressed home values are starting to inch upward... This serves as a sobering reminder that, while the economy is expanding, it is doing so at a slow and uneven pace that will require the State to exercise care and discipline in how its fiscal affairs are managed in the coming year.
The improved “cash liquidity” Chiang referred to turns out to be $24.9 billion of debt.
About that so-called nation-leading job growth: It isn't coming from actual tax-paying private industry, it's coming from tax-eating government job growth.
http://www.breitbart.com/Big-Government/2012/12/07/CALIFORNIA-STATE-BUDGET-GOES-OFF-THE-CLIFF
Passage of Proposition 30 set off euphoria and expectations of higher spending for public employees. The California Teachers’ Association (CTA) trumpeted: "California students and working families won a clear victory today as voters clearly demonstrated their willingness to invest in our public schools and colleges and also rejected a deceptive ballot measure aimed at silencing educators, other workers and their unions.”
State bureaucrats immediately ramped up deficit spending far beyond the state's $6 billion annual tax increase, with the Departments of Health Services and Developmental Services increasing this month’s spending by over $1 billion versus last year. The lower tax collection and higher spending drove the State’s deficit after the tax increase to $2.7 billion for the first 5 months of this fiscal year. State Controller John Chiang reported:
November's disappointing revenues stand in stark contrast to recent news that California is leading the nation in job growth, has significantly improved its cash liquidity to pay bills, and even long-distressed home values are starting to inch upward... This serves as a sobering reminder that, while the economy is expanding, it is doing so at a slow and uneven pace that will require the State to exercise care and discipline in how its fiscal affairs are managed in the coming year.
The improved “cash liquidity” Chiang referred to turns out to be $24.9 billion of debt.
About that so-called nation-leading job growth: It isn't coming from actual tax-paying private industry, it's coming from tax-eating government job growth.
http://www.breitbart.com/Big-Government/2012/12/07/CALIFORNIA-STATE-BUDGET-GOES-OFF-THE-CLIFF
December 11, 2012 12:31 AM
Forum:
Politics
EU: 2 Years Jail If You Claim Water Is WetPosted By Dave Snope |
Can you imagine what it will like if the Demacats get their way and put the UN in charge of the internet, guns, carbon emissions, safety, pollution...? Here's what you get with an extra layer of bullocracy in the EU:
Drinking water does not ease dehydration, the European Union has ruled – and anyone who disagrees faces two years in prison.
The decision – after three years of discussions – results from an attempt by two German academics to test EU advertising rules which set down when companies can claim their products reduce the risk of disease.
The academics asked for a ruling on a convoluted statement which, in short, claimed that water could reduce dehydration.
Dehydration is defined as a shortage of water in the body – but the European Food Standards Authority decided the statement could not be allowed.
The ruling, announced after a conference of 21 EU-appointed scientists in Parma and which means that bottled water companies cannot claim their product stops people’s bodies drying out, was given final approval this week by European Commission President Jose Manuel Barroso.
http://www.dailymail.co.uk/news/article-2063031/Dehydration-EU-says-CANT-claim-drinking-water-stops-body-drying-out.html
Drinking water does not ease dehydration, the European Union has ruled – and anyone who disagrees faces two years in prison.
The decision – after three years of discussions – results from an attempt by two German academics to test EU advertising rules which set down when companies can claim their products reduce the risk of disease.
The academics asked for a ruling on a convoluted statement which, in short, claimed that water could reduce dehydration.
Dehydration is defined as a shortage of water in the body – but the European Food Standards Authority decided the statement could not be allowed.
The ruling, announced after a conference of 21 EU-appointed scientists in Parma and which means that bottled water companies cannot claim their product stops people’s bodies drying out, was given final approval this week by European Commission President Jose Manuel Barroso.
http://www.dailymail.co.uk/news/article-2063031/Dehydration-EU-says-CANT-claim-drinking-water-stops-body-drying-out.html
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