Depitalism and the rest of 2012

June 1 NYT article Weak Hiring May Force the Fed to Act

The NYT article is peddling information and commentary based on the wrong premise.

The reason why the economy is STILL not recovering is not because the FED has not done enough. The reason is one simple one that has several implications. The SOLE reason is the uncertainty of the November election. Consumers, citizens, corporations, small business owners, employers aren’t sure the horrible reign of the CES Obama is going to end. With that uncertainty:

1. consumers/citizens – are not seeing a recovery of the economy and thereby their wage earning capability. Depitalism which is still a factor for most households is weighing on them from previous years of bad fiscal policy in the home. Debt STILL needs to be paid down. Common tactics of the past to remedy debt like a second job are difficult to locate and secure. The “let it ride” has come to fruition. This doesn’t even deal with the reality of unemployment or under-employment which is a very real reality of many households. Looking ahead, the skies are gray and citizens don’t know what that means.

2. Corporations/small business owners/employers aren’t sure about the economy and even the short term status. Hence, no new jobs and continued downsizing and realignment and other positive spin words that has the bottomline of wrenching costs lower and lower. Consumers aren’t relying on depitalism to purchase employers’ products like they have for at least ten if not twenty years.

As long as all the parties involved in the economy feel their is the slightest chance of CES Obama finagling a second term, we will continue to see and feel the realities of an economy that will not heal, strengthen and improve.

icubudLeave a comment

What a statement!

President Obama Shuns Lech Walesa

“He is “too political” for this administration.”

WOW!

I can remember him (Walesa) and the whole Solidarity fight/movement of early 80s. Someone Ronald Reagan embraced… oh….now it makes sense….CES despite some of his WORDS isn’t of the same ilk as President Reagan. Nope….

C’mon November!

 

 

Note: CES = Chief Empty Suit = current US president

icubudLeave a comment

No progress

The rupture between the US and Israel over Iran’s nuclear program widened further Friday, May 25  when Prime Minister Binyamin Netanyahu and Defense Minister Ehud Barak decided not to be available to hear the briefing brought to Jerusalem from Baghdad by Undersecretary of State Wendy Sherman who headed the US delegation to the Six Power talks. The report she delivered to National Security Adviser Yaakov Amidror and Foreign Ministry Director-General Rafi Barak was that no progress had been achieved in Baghdad due to Iran’s refusal to budge on its “right” to enrich uranium at low (3.5-5 percent) or high (20 percent) levels or shut down the Fordo nuclear plant near Qom.
Although the participants agreed to reconvene in Moscow in three weeks, the Iranian delegation stressed there would be no progress until the US and the other five world powers (Britain, France, Russia, Germany and China) recognized Iran’s absolute “right” as a signatory of the Non-Proliferation Treaty to enrich uranium.

Meanwhile, every day spent on diplomacy is thoroughly exploited by Iran to zip ahead with its nuclear plans.

whole article here

2 cents:

Iran knowing that it has a sympathetic ear in the chief empty suit PLUS the fact that he is busy meddling in back channels KNOWS it has the idiot by the nose and now can lead him along as long as they want — wherever they want. Iran’s hope that in using back channels that it would sever ties (weak as they are/were) between Israel and USA but more specifically between Netanyahu and Obama. Iran believes if it can get Israel to act before the US election that it will actually isolate Israel further and the key to that isolation is away from US. HOWEVER if Israel would hold out and the US election results in the replacement of the the CES – then Iran is in a FAR WORSE spot because it will undoubtedly be looking at a fierce Israel supporter and one that is willing to crush Iran with military might. Israel knows that each day Iran is left alone to continue working, results in a day closer to their ultimate unstated goal.

A wild card in this whole thing is the arrogance of CES. Will the arrogance take him down the road of being a back channel baby believing he alone can bring peace or will it go that he will become obnoxious at the inability of Iran to realize that he is right and that they need to do what he says?

So how is that for a crucible of activity?

 

note: CES=Chief Empty Suit = current US president

icubudLeave a comment

TPTB coming to US for new enclave

Bilderberg power masters meet in the US

Every time a “Bilderberg Meeting” takes place, important things happen. The last time they met in the US was an election year, 2008 – and the world got Obama. This year they’re back in the US: will they decide who the next president of the United State

­When in 2008 they gathered from June 5 to 8 in Chantilly, Virginia – just a stone’s throw from the Washington DC – Barack Obama and Hillary Clinton were neck-in-neck in the battle for the Democratic Party’s presidential candidacy.

On June 5 of that year, Barack and Hillary mysteriously “disappeared” for some hours “somewhere in the DC area.”  Their agendas blocked out, they clearly sneaked off to “Meet the Bilderbergers.”

The media kept mum about that, save for an Associated Press report on the campaign trail saying that, “reporters traveling with Obama sensed something might be happening between the pair (i.e. Obama and Hillary) when they arrived at Dulles International Airport after an event in Northern Virginia and Obama was not aboard the airplane. Asked at the time about the Illinois Senator’s whereabouts, Obama spokesman Robert Gibbs smiled and declined to comment.” (The AP dispatch “Obama and Clinton meet, discuss uniting Democrats” is, strangely, “no longer available” on their website).

Be that as it may, two days later, Hillary withdrew from the race and Obama became the presidential candidate. Did Bilderberg make Hillary “an offer she couldn’t refuse” to clear the way for Obama to the White House? Did they promise her that she would become his Secretary of State?

Although most Bilderberg annual meetings are held in Europe – France, Switzerland, Italy, Spain, Denmark, England, Scotland, Norway – this US election year they’re again gathering at the Westfield Marriott Hotel in Virginia from May 30 to June 3.  Either they’re very fond of that place… or of US elections… or both…!
whole article here

 

 

note: TPTB = the powers that be

icubudLeave a comment

No progress

From Debka this morning:

The rupture between the US and Israel over Iran’s nuclear program widened further Friday, May 25  when Prime Minister Binyamin Netanyahu and Defense Minister Ehud Barak decided not to be available to hear the briefing brought to Jerusalem from Baghdad by Undersecretary of State Wendy Sherman who headed the US delegation to the Six Power talks. The report she delivered to National Security Adviser Yaakov Amidror and Foreign Ministry Director-General Rafi Barak was that no progress had been achieved in Baghdad due to Iran’s refusal to budge on its “right” to enrich uranium at low (3.5-5 percent) or high (20 percent) levels or shut down the Fordo nuclear plant near Qom.
Although the participants agreed to reconvene in Moscow in three weeks, the Iranian delegation stressed there would be no progress until the US and the other five world powers (Britain, France, Russia, Germany and China) recognized Iran’s absolute “right” as a signatory of the Non-Proliferation Treaty to enrich uranium.

Meanwhile, every day spent on diplomacy is thoroughly exploited by Iran to zip ahead with its nuclear plans.

whole article here

2 cents:

Iran knowing that it has a sympathetic ear in the chief empty suit PLUS the fact that he is busy meddling in back channels KNOWS it has the idiot by the nose and now can lead him along as long as they want — wherever they want. Iran’s hope that in using back channels that it would sever ties (weak as they are/were) between Israel and USA but more specifically between Netanyahu and Obama. Iran believes if it can get Israel to act before the US election that it will actually isolate Israel further and the key to that isolation is away from US. HOWEVER if Israel would hold out and the US election results in the replacement of the the CES – then Iran is in a FAR WORSE spot because it will undoubtedly be looking at a fierce Israel supporter and one that is willing to crush Iran with military might. Israel knows that each day Iran is left alone to continue working, results in a day closer to their ultimate unstated goal.

A wild card in this whole thing is the arrogance of CES. Will the arrogance take him down the road of being a back channel baby believing he alone can bring peace or will it go that he will become obnoxious at the inability of Iran to realize that he is right and that they need to do what he says?

What would you do if you were Netanyahu?

icubudLeave a comment

yeah, right

Recession is over…
That is what chief empty suit and his minions (sorry cute yellow guys) keep spinning….

HP – 8% of its workforce

P&G – in the main story for this article buries the whole story to the end of the article – actually 10% of the workforce to be reduced

2 cents:
No, things aren’t really better out there but MSM in its league/alliance with CES the socialist democrat has decided to hush up the drum beat of the STILL poor conditions of the economy so as to provide a better chance that the chief empty suit can get reelected.

icubudLeave a comment