The Life of Julia
Okay, so this is actually not an article, but it is something definitely worthwhile to watch for a few laughs. Misfit Politics turns the Obama campaign's Julia story into the truth about liberalism.
Tonight's Crazy Story:
Speeder Tells Cops His Bike Can Go 190 MPH
An unlicensed motorcyclist in New York was pulled over for excessive speed. When he was told that the police clocked him at 150-170 mph, the biker responded by saying that the bike could go even faster.
Topic One: The Unemployment Rate
The good news about the April BLS statistics release is ... nothing really. The unemployment rate dropped to 8.1% last month, but that was primarily due to a decline in the labor force participation rate, which now stands at its lowest point in 30 years. Meanwhile, the economy added a meager 115,000 jobs in April, barely enough to meet the needs of those entering the workforce. The full BLS report is available here.
What college grads really need: "President Barack Obama has been on a tour of college campuses touting proposals to lower student loan repayments for college graduates. He hopes to rekindle the enthusiasm of young voters, who in 2008 favored him over Sen. John McCain by more than two-to-one. Ironically, these same young Americans may suffer most from the administration's inability to get the economy back on its feet. College graduates who enter the workforce during an economic downturn accept lower wages in lower-quality jobs, and the effects on their income and promotions can last for well over a decade."
A teen with a job is a rarity: "Only about 25 percent of 16- to 19-year-olds currently are working, a drop of 10 percentage points from just five years ago, according to the Bureau of Labor Statistics. The percentage of teenagers who have jobs, expressed as the ratio of employment to population, hovered between 40 and 50 percent for much of the 1980s and 1990s. The percentage began dropping about a decade ago, but the declines have been especially steep since the beginning of the Great Recession in late 2007. With summer approaching and the job market showing signs of improvement, teens could have a better shot at getting hired than they have had in years. But it could take many more years for teens to resume working at pre-recession levels."
Time for a Laugh:
"President Obama admitted this week that a former girlfriend that he wrote about in his autobiography was made up and not a real person . . . So Obama had an imaginary girlfriend. Big deal! He had an imaginary economic plan. It’s all the same."
Topic Two: "Julia"
Have you met Julia? Julia is a fictional character being used by the Obama administration to explain how his policies will help her throughout her lifetime. Is it just me, or does the thought of the President planning out your life sound just a little creepy? Misfit Politics has a different take, showing how President Obama's policies will help Julia/Julian
Breitbart editor Dana Loesch has a take on Julia: "Today, the Obama campaigned launched its Dads Are Unnecessary, Single Women Are Helpless campaign, simply titled "Julia." It features a faceless composite, which seems to be the type of woman with which the campaign is most comfortable. Under the Obama administration, federal financial support for elective infant death as a form of birth control is increased, meaning that Julia would never have been born. The end. It wouldn't be any fun to end the article right there, so we'll just say that under President Obama, Julia's parents are apparently nonexistent and the government enrolls her in a proven failed program. She needs to figure something out because she is born into a $16k share of our national debt."
Michelle Malkin's take: "Instead of two parents preparing her for school, Obama credits Head Start bureaucrats with ensuring that Julia is "ready to learn and succeed" in kindergarten. Instead of individual teachers, private mentors, home-school organizers or charter school leaders, Obama extols his federal Race to the Top program for implementing the high school "classes she needs to do well" in college. Instead of thrift-minded families who save for their own kids' higher educations (or who opt for non-college alternatives) and who encourage those kids to work in private-sector summer jobs, Obama praises his "opportunity tax credit" and Pell Grants for putting Julia through college."
( As of Thursday, May 3, 2012 )
Your share as a citizen: $50,117.68
Share per household: $137,182.70
Debt since Obama inauguration: $5,044,325,431,730
Topic Three: It Could Be Worse...
...sort of like it is in Europe: "Across the euro area, unemployment is worsening. The unemployment rate touched a new record high in March: 10.9%, up a full percentage point from the prior year. Of course, the pain is not evenly distributed. It is low and reasonably steady in the north but high and climbing in the south. Youth unemployment rates are staggering—over 50% in Greece and Spain, 36% in Portugal and Italy, rising sharply in all four."
"The picture is distressing. It is not surprising. The euro-zone economy is large and overwhelmingly driven by domestic demand. That demand has been steadily squeezed by a broad, sustained fiscal tightening. Monetary policy is providing almost no relief. The ECB raised rates last year, and while it has since unwound the 50-basis-point increase from 2011, it shows no interest in cutting rates further below the present 1% level. Quantitative easing looks out of the question. The ECB's extraordinary lending to banks seems to have stabilised bank-financing conditions; it does not appear to have prevented a sharp slowdown in lending to the private sector. There was no way to avoid a return to recession amid such circumstances." "Ordinarily, of course, policymakers would react to this deterioration by taking steps to stabilise the economy. What is most frightening about the euro-area picture is that this is not happening. For now, austerity remains the rule. Despite the nastiness of the economic picture, the ECB is widely expected to take no action at its meeting tomorrow. The euro area is walking, eyes wide open, into depression. Led by its periphery, which is already there."
Tweet of the Day:
Kurt Schlichter (@KurtSchlichter): I am a Conservative: End all student loans - it's a scam to impoverish students to subsidize useless academic faculty parasites. #caring
Topic Four: Not Going Away
Fast & Furious is not going away: "Exactly one year after the Attorney General lied in front of the House Judiciary Committee about the Phoenix operation known as Fast and Furious, Rep. Darrell Issa has distributed a staff briefing paper and draft of the contempt of Congress resolution against the sitting AG."
"Republican members of the House Oversight Committee have laid out a compelling case citing Holder's Department of Justice for witness intimidation, "false denials," withholding subpoenaed documents and willfully obstructing the committee's investigation into the gun walking program."
Food for Thought - A Quote from our Founders
"Political interest [can] never be separated in the long run from moral right."
Topic Five: The Future of Healthcare
Washington-controlled care: "Yesterday, the Centers for Medicare and Medicaid Services issued a watershed set of conditions in a decision to cover a new device for repairing damaged heart valves. Patients and product developers take note. The ruling is a vivid example of how our healthcare is going to get reimbursed now that Washington calls more of the shots."
"At issue is a device for repairing the main valve carrying blood out of the heart. As people age, this aortic valve can become brittle. As the valve narrows, it can cause debilitating heart failure, and even death. Fixing the problem used to require open-heart surgery. In November, FDA approved a device that lets doctors repair the valve using a tiny catheter that introduces a replacement valve through an artery in the leg. FDA only approved the device for patients who are too sick to have the open-heart procedure. Yesterday, CMS said it will pay for the procedure, but with a lot of extraordinary strings attached."
Tomorrow in History
May 5, 1961 - Travelling on board Mercury-Redstone 3, Alan Shepherd becomes the first American to travel into outer space.
Grab Bag - Interesting and Important Stories to Conclude Your Evening:
Occupiers offer alternatives to capitalism
A medical study on the three-second rule
Judge rules that an IP address does not identify a person
Rand Paul launches campaign to end the TSA
Republicans and women's rights
Soros SOS project quietly dies
Who are we empowering?
2-year-old becomes youngest Mensa member
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