Camping on a Lie

"Overall, FactCheck.org found, there is no clear evidence that Romney, during Bain’s management of this company, shipped U.S. jobs to China." "Three Pinocchios = Significant factual error and/or obvious contradictions." -- Washington Post, 18 September 2012

President Obama’s jab at Mitt Romney: ‘All you’ve done is send [China] our jobs’

President Obama continues to campaign on this significant political lie. Further, sit back for a second. It makes no sense. Why would Mr. Romney as future President want to send jobs overseas? And why is something done in the 1990s so important to Mr. Obama? Creating jobs in the USA is a carefully watched metric. Mr. Obama cannot lie about the jobs he hasn't made as President, so his campaign does lie about the lesser known history of Mr. Romney at Bain Capital.

President Obama's record is 43 consecutive months of over 8% unemployment, while at the same time, the labor force participation rate has fallen to a 30 year low. These are the facts at the end of August 2012 from the Bureau of Labor Statistics.

Ref:

• http://www.bls.gov/news.release/empsit.nr0.htm
• http://economistsview.typepad.com/economistsview/2012/09/where-have-all-the-workers-gone.html

How I remember it...

It was the delicately cool and quiet part of the morning here in Arizona, when via the television news I was suddenly in a place -- that was always just a simple head toss East or West in the persistent geography of my youth -- with fainting powerful thoughts on my mind.

16 Trillion US dollars

I was upset when we, the United States, crossed $2 trillion in debt. It felt wrong twice over. The nation is now at $16 trillion. We continue adding to that debt as you read this.

I've found a clean, easy to read excerpt from Bob Woodward's book,

Inside story of Obama’s struggle to keep Congress from controlling outcome of debt ceiling crisis

Republican, Democrat, Libertarian, Socialist, ... I don't care what your political bent is, you need to read this. It wont take all that long, but I did have trouble breathing while reading it. You've been warned. Pedantic comments aside, seriously. Read it.

The debt now fundamentally (not just theoretically) breaks the checks and balances the country was formed upon.

The scary thought I'm trying to talk myself out of is that it may not matter who is elected. There maybe no vested interest by any key politician to reduce the debt.

Canada reacts to Iran

So, I read a Canadian news report on today's closing of the Iranian embassy and it boils down to this:

"The calls were sparked by a July news report that said Iran's cultural counsellor in Ottawa, Hamid Mohammadi, suggested Iranian expatriates should be nurtured to be of service to Iran."

http://www.cbc.ca/news/politics/story/2012/09/07/pol-baird-canada-iran-embassy.html

I doubt this is a policy isolated to Canada, rather this is Iran's global policy.

Experimenting with the economy

"And the truth is, it will take more than a few years for us to solve challenges that have built up over decades. It'll require common effort, shared responsibility, and the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one." - President Obama, 7 Sep 2012

The massive recovery effort to save the Too Big To Fail started months before he was even elected; it's now 3 1/2 years since he took office and he proposes experimenting with the economy!

A global marketplace with hundreds of billions of dollars sitting on the sidelines, praying for stability, and he wants to engage in century defining liberal economic policies.

They didn't even work for FDR. The 2nd World War made his failing policies moot.

Corporations are people

‎"President Obama listened to the voices that mattered to him most -- the voices of the auto workers and the communities that depended on them. ... To President Obama they weren't just companies that needed a loan, they were communities that needed a leader to stand up for them." - Mayor Rahm Emanuel, 4 Sep 2012

So what you're saying is that corporations are people, my friend?

I'm not really digging at Rahm, I digging at the Left's rant-o-sphere. They rail against Mitt Romney's heckle driven "Corporations are people, my friend." But Obama propping up GM is a cheer amongst cheers. Their hypocrisy is ripe.

In Mitt's case, corporate taxes effect both the worker and the stock holder. Both of these are people. I suppose it also effects the politicians that would then have less money to hand-out as earmarks.

It should also be pointed out that a vast raft of the bailout money went to GM's expansion into the People's Republic of China. Money that in theory will flow back to the U.S. as ... corporate profits.