"Power concedes nothing without a demand.  It never did and it never will."  Frederick Douglass
 

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The Idiocy That the Federal Reserve Can Impact Unemployment By Printing Up Lots of Funny Money and Buying Up Lots of US Treasury and Mortgage Bonds (Making Wall Street Richer in the Process) Continues and One Must Wonder Just How Such Stupid People Got Into Positions of Power in America…..But Then America Is Run By MORONS So This Funny Money Idiocy Does Make Lots of Sense….In Bizarro-Land! – Instead of Continuing Their Quantitative Easing Idiocy They Should…..

One day historians will look back at headlines like this one in the New York Times…

Hiring Slows, Adding to Pressure on Fed and Obama, Nelson D. Schwartz, New York Times

….and understand why the President of the United States was blamed for slow job growth in his 44 th month on the job BUT those historians will wonder how in the world it came to be that otherwise educated people in America came to the conclusion that the….

Federal Reserve

….could create jobs and help lower unemployment by creating Funny Money from thin air and then buying US Treasuries and Mortgage Backed Securities from large Wall Street Banks that are front-running the Fed and making a Ton of Money in the process which only….

Very Damn Stupid People

….could possibly still believe.

YES, job growth is slowing in America as the US Economy continues to limp along at annual growth rate of around 2 percent per year and the New York Times, President Obama and the Federal Reserve wonder why job growth and the US Economy are growing so slowly?

Please….

It’s the Massive Growth of Government which ALWAYS comes with an All-Out and Direct Attack on Business and Entrepreneurs in America with that BIG Government STUPID!

People that are responsible for making public policy in America on the Federal, State and Local levels of government just have no Damn understanding how over burdensome regulations, taxes, fees, laws, and all manner of other things inhibit the creation of new businesses and thus jobs in America and over the past 10 plus years as Government has EXPLODED on all levels Governments in America have literally STOPPED…

Tens of Millions of Jobs being created in America

AND

When you combine that All-Out and Direct Attack on Business by Governments on all levels in America with large American corporations sending jobs overseas and creating jobs in other countries to the tune of Ten Plus Million Jobs since 1990 you end up with the current…

Complete Disaster that is the American Economy

That Pincer Movement of…

An All-Out and Direct Attack on American Business by Government on all levels in America

AND

Large American Corporations selling out the American People by sending jobs overseas and creating jobs in other countries

…are together CRUSHING the American Middle Class and US Economy and in 2012 the American People get to choose between…

Barack Obama who represents Government and thus the All-Out and Direct Attack that is now being conducted against Business in America

AND

Mitt Romney who represents Large American Corporations who have and are now selling out the American People as they shipped and created Tens of Millions of Jobs overseas.

As we have said here many times….

The American People AGAIN have NO CHOICE in 2012.

Well, we are going to vote for the new guy in Mitt Romney and maybe he will at least end the All-Out and Direct Attack on American Business.

As for the Idiocy of people that think the Federal Reserve creating lots MORE Funny Money so the Fed can purchase US Treasuries and Mortgage Backed Securities which only makes the Wall Street Bastards RICHER and does NOTHING to create demand for new loans in the REAL World….

(Although doing that Funny Money printing does drive up the prices of assets like oil and thus gasoline so Ben Bernanke and his buddies at the Fed can have a nice laugh as they launch another Quantitative Easing program and decimate American Families and American Children for the FIFTH time in the last four years!)

…..we can only wonder when the people that believe that Idiocy will be carried away to the Loony Bin because this is “Quantitative Easing” BS is borderline mentally ill stuff!

Instead of the Federal Reserve launching the FIFTH direct attack on the budgets and finances of American Families what the Fed should do is forget all of this Quantitative Easing nonsense and start doing the hard work of working with banks across America to find out WHY they are not loaning out the $1 Trillion Dollars the Fed has made available to the banks and if the Fed did that they would find the very same thing we have found when talking to our bankers and friends that work in banking:

American Business and Entrepreneurs in America are losing their appetite for taking risks and starting new businesses and literally the Great American Job Machine and US Economy that has powered the American Republic is being broken apart by the two things mentioned above…

Governments on all levels conducting an All-Out and Direct Attack on Business in America

AND

Large American Corporations putting making a few more Bucks ahead of the American Republic as they have shipped and created Tens of Millions of Jobs overseas to make products that they then sell back into America with Massive Profit Margins…..while those products could be made in America with those companies still making Massive Profit Margins.

Will the Federal Reserve try to work with its member banks to come with new and innovative ways to try and light the spark of entrepreneurism and risk-taking in America again OR will Ben Bernanke and his buddies at the Fed just do the same Damn and Sorry thing they have been doing for two decades now which is falsely manipulate the money supply and interest rates to try and stimulate growth when anyone with a working brain can plainly see that interest rates are already low enough and it is past time for the Fed to end their “QE” nonsense and start looking at and talking about the very REAL problems with the US Economy that can only be fixed with someone in a position of power in Washington DC telling the TRUTH to both Government Bureaucrats and American Corporations so they can change course and help instead of stopping from getting the US Economy moving again.

Why Is The Labor Force Participation Rate In America Plummeting Under President Obama? – Oh, Billions More Dollars of Food Stamps, Social Security Disability Rolls Exploding and Plenty of Americans More Than Willing To Sit At Home All Day Watching Re-Runs of Gilligan’s Island Over Getting a Job Explains Why the Labor Force Participation Is Declining So Fast and If Obama Is Re-Elected We Expect Millions More Americans Will Leave the Workforce in the Next Four Years As the Democrats Make It Very Damn Easy to Do Nothing and Live A Very Nice Life! – The REAL Unemployment Rate In America…..11.7 Percent…..At Least!

The last couple of years we have asked a few college professor economists we know to explain to us the below chart on…

Labor Force Participation Rate in America

…which ZeroHedge.com points out is THE REASON unemployment is not being reported north of 11 percent right now…

The Reason Why Unemployment Rate Dropped: The Labor Participation Rate Is At Fresh 31 Year Lows, ZeroHedge.com

…and NONE of those college professor economists have ANY answers for why the Labor Force Participation Rate is plummeting and has gone from around…

65.8% in January 2009 when President Obama was Inaugurated

….to…

63.5% in September 2012!

What the Hell?

Oh, as the use of Food Stamps goes up and the Social Security Disability rolls EXPLODE higher there are a lot fewer Americans in the workforce which makes perfect Damn sense when one thinks about it and it is our opinion that is President Obama is re-elected that the Labor Force Participation Rate in America will continue its Free-Fall as more and more Americans choose sitting at home all day watching re-runs of Gilligan’s Island over going out and getting a job!

As for the REAL Unemployment Rate in America right now the US Government is just AGAIN LYING to the American People because as ZeroHedge.com points out the REAL Unemployment Rate in America is…

11.7%!

Real Unemployment Rate Hits 11.7% as Spread Between Reported and Propaganda Data Hits Record, ZeroHedge.com

“Today’s reported unemployment rate: 8.1%. The reason: the labor “participation” dropped to a 31 year low 63.5% as reported earlier. Of course, this number is pure propaganda, and makes no sense for one simple reason: despite the economic collapse started in December 2007, the US civilian non-institutional population since then has grown by 186,000 people every month on average hitting an all time high of 243,566,000 in August. These people need a job, and the traditional shorthand is that at least 100,000 jobs have to be generated every month for the unemployment rate to merely stay flat, let along improve. So what does one get when one uses the long-term average of the past 30 or so years which happens to be 65.8%? One gets an unemployment number that is 45% higher than the reported 8.1%, or 11.7%. That is what the real unemployment rate is assuming the US labor participation rate was realistic and not manipulated by the BLS cronies and the Bank of Spain assisted Arima-X-13 seasonal adjustment models. It also means that, as the chart below shows, the spread between the real and propaganda data hit an all time record, which was to be expected two months ahead of America’s banker muppet presidential election.”

One of the very first Damn things the American People are going to do if they ever get control of THEIR Government again is to END THE LYING to the American People about Unemployment, Inflation, the Debt, the Bogus Social Security Trust Fund and lots of other LIES the US Government tells to the American People all of the time and the TRUTH is the REAL Unemployment Rate in America is at least….

11.7%!

PERIOD.

We Weren’t So Much Disappointed In President Obama’s Speech On Thursday Night As We Just Don’t Believe ANYTHING That Comes Out of Obama’s Mouth Anymore…..Just Like ALL the Other Political Hacks In Washington DC That Do Nothing But LIE To the American People ALL of the Time! – Barack Obama, Mitt Romney and Why the American People Have No Good Choice AGAIN In 2012 and Usually When the American People Have No Good Choice They Go With the Clueless MORON That They Haven’t Given A Try To Yet and Thus Why Romney Will More Than Likely Win This Election

Not that we really believe that Time’s Joe Klein is a lot like the majority of America as he claims in his latest on President Obama’s acceptance speech last night….

Obama Argues for a Second Term Without Closing the Deal, Joe Klein, Time

“The President gave a fine speech Thursday night. His vision of the country is much closer to the place where I live — and, I daresay, where most Americans live — than Mitt Romney’s. It is an America that includes truck drivers and teachers and autoworkers as well as Romney’s beloved entrepreneurs. Obama laid out the case against Romney’s constricted vision in a very effective way: “If you have a cold, they say take two tax cuts and roll back some regulations and see us in the morning.” He was, of course, defter, funnier, more profound than Romney. He told basic truths like “global warming is not a hoax.” He made no absurd promises. He recognized the difficulty of our situation. He acknowledged mistakes. But he did not close the deal. The speech disappointed me, and I’m not quite sure why.”

….but we are not surprised that Klein was disappointed in Obama’s speech because although Klein may not know it, write it or even understand it what Klein is implicitly saying with his disappointment about Obama is that he no longer believes what Barack Obama says which means Obama is no different than ALL the other Sorry Ass “Elected Leaders” in Washington DC in that what OUR politicians say they are going to do and what they actually do have no real connection at all in the REAL World.

One of the things that struck us most since Obama was inaugurated President in 2009 was what a staffer of a Democratic member of Congress told us in the Summer of 2010 while vacationing with us in the American Rockies on the actions of the White House in the Obama Administration:

“Every decision made by the Obama staffers relative to what is going on in the Congress is made through the prism if it will get Obama re-elected or not in 2012 and after Obamacare passed earlier this year anything that was remotely controversial has been shut-down because of the negative impact it might have on the President.”

Are you still wondering why President Obama didn’t embrace the Simpson – Bowles commission report and work to implement its recommendations in the US Congress?

Please, Obama and the White House staffers came to the conclusion that pushing Simpson – Bowles would alienate Democratic voters and since Barack Obama’s precious ass and future is MORE important than 300 plus million Americans and the future of the American Republic the Simpson – Bowles report was tossed into the garbage. (Yes, the same kinds of things could be said about George W. Bush who is in our opinion one of the Sorriest Human Beings alive on Earth today and who also believes his own Precious Ass is more important than 300 plus million Americans and the future of American Republic)

The TRUTH is that we just flat-out don’t believe President Obama anymore…..on ANYTHING. PERIOD.

Yes, if one just listed to or read the words of Barack Obama’s speech last night and Obama actually practiced what he preached we here at Mad As Hell And… and lots of other Americans could probably stand many of Obama and the Democrats more liberal views on some things…..BUT…..what President Obama said last night and how he has governed and NOT led America over the past 3.5 years could not be more different and that is why there are so many Americans that are right now looking desperately for ANYONE to vote for besides Obama which brings us to Mitt Romney who may in fact be one of the three or four human beings on Planet Earth that could lose the 2012 race to Obama….

BUT

….Mitt Romney is NOT going to lose the 2012 election and we say that with the conviction of people that have been out amongst Americans of all races, creeds, religions and beliefs over the past two years that are again looking for someone, anyone to stand-up and actually work for and represent the American People in Washington DC and someone that will put the Country and People ahead of themselves.

We have gone around and around here at Mad As Hell And… about Barack Obama’s true beliefs and motivations and where he would like to take America in the next four years if he was re-elected and we have come to the conclusion from talking to lots of people in Washington DC, New York City and Chicago that knew Obama “when” (with “when” meaning before he was President) that Obama is very conflicted about America and the American People and that he vacillates back and forth between hating much of America and American History pre-Obama Presidency and slowly coming to the realization that in an imperfect world America is the best Damn thing that ever happened to the world and that the world would be a living Hell right now without America’s rise over the past 200 plus years.

That’s not to say that Barack Obama isn’t surrounded by people in the White House that HATE America, the American People and many of America’s allies around the world and who would throw a week long party if the American Republic was destroyed because it is our firm opinion that there are several people working on the White House staff that would love nothing more than America to cease to exist RIGHT NOW and no doubt those White House staffers for some reason we cannot fathom have a lot of input into Obama’s thinking and policies because certainly anyone with a working brain knows that the Communists and Socialists that so many on the Wacko Liberal Left fantasize about are actually some of the Biggest Murderers and Fascists on Planet Earth today and would plunge much of Planet Earth into darkness if they could while obliterating much of the planet and the weakest amongst us in the process.

What then can the average American citizen make of President Obama’s speech last night?

Well, just like Bill Clinton who we first met 20 plus years ago and is one of the best liars in American history politician or not, the sad truth is that Barack Obama is just another in the long line of political hacks that have come to dominate Washington DC in recent years that will do or say anything to get elected or re-elected and that makes what Obama says about what he will do in the future Completely Worthless which we may say can also be said about Mitt Romney because the pitiful FACT is that neither Obama or Romney nor anyone else we see across the American landscape really gives a Damn about America, the American People or anything beyond their own Precious Ass.

America is now ruled by two kinds of Sorry Bastards:

MORONS

OR

Selfish MORONS that only care about their own Precious Asses

The Obama – Romney Presidential Campaign is between two….

Selfish MORONS that only care about their own Precious Asses with both Obama and Romney believing they are God’s Gift to Planet Earth and all us peons should get down on our knees and kiss their asses for just being allowed in their presence

…which AGAIN leaves no good choice for the American People and when the American People have no good choice to choose from they more than 90 percent of the time go with the new Selfish MORON to see if he can do better than the last Selfish MORON.

(In 2004 America was given the choice of two Selfish MORONS in George W. Bush and John Kerry which was also No Good Choice for the American People and Kerry was such a pitiful candidate and completely out-of-touch with the REAL World that America went with the Selfish MORON they knew over the Selfish MORON they didn’t which is unusual in American History when two Selfish MORONS are running for the same office)

One thing we do believe for sure here at Mad As Hell And…

If Mitt Romney is elected President he may very well have some people on the White House staff that are foolish and naïve about the way the world works BUT Romney will not have people on the White House staff that HATE America, the American People and would throw a week long party if the American Republic and American People were destroyed as President Obama does now on his staff that he interacts with on a daily basis which alone is a good enough reason for us to vote for Mitt Romney.

Yes, the above is OUR opinion as Citizens of the United States of America.

Mad As Hell And… Quotes of the Day – Friday, September 7, 2012 – John Heisman

Mad As Hell And… Quotes of the Day – Friday, September 7, 2012 – John Heisman

“Don’t cuss. Don’t argue with the officials. And don’t lose the game.”

And

“When you find your opponent’s weak spot, hammer it.”

And

“To break training without permission is an act of treason.”

And

“When in doubt, punt!”

And

“The true football fan pays no attention to time or mileage when there is a big game to see.”

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