Friday, January 29, 2010

Mainstream Media Continues to Drink the Kool-Aid

As far as the Mainstream media and the President are concerned, the election of Scott Brown never happened. It was simply another glitch in their attempt to socialize this great land.

There was no "pivot" but rather a "head fake" to the right. His speech was filled with liberal talking points, contradictions and double-talk and the liberal media let it pass them by.
The speech was nothing more than another Harvard lecture about the evils of George W. Bush.

Here are a few samplings of the Mainstream quotes the other night.
Chris Matthews: “[Obama] is post-racial by all appearances. You know, I forgot he was black tonight for an hour.”

Howard Fineman (Newsweek): “If presidential leadership were only about giving speeches, the jackhammers would already be at work on Mt. Rushmore.”

Katie Couric (misquoting another liberal journalist): “[Obama is] better at making us smarter than making us angry.” Soon thereafter, CBS News reported that it’s quick poll revealed 83 percent support for the “proposals made in [Obama’s] speech.”

Newsweek's Howard Fineman this weekend telling host Chris Matthews, "Of course he is," referring to President Obama being "smarter than us." Chris Matthews had asked Fineman, "Is he smarter than us?" Fineman's immediate response was "Of course he is, much smarter!"

Tuesday, January 26, 2010

Pittsburgh Tea Party Events-State of the Union Address Viewing and Discussion

Map to Directions

State of the Union Address Viewing and Discussion

8:00 Wednesday, January 27
(President Obama's speech starts at 9:00)
Fox and Hound
2002 North Way Mall
8000 McKnight Road
Pittsburgh, PA 15237
(412-364-1885 for directions)

Pittsburgh Tea Party

Mark your calendars for our future events:

February 27th - Pot luck Brunch/ Viewing of "The Tea Party: The Documentary Film"
April 15th - Second Annual Tax Day Tea Party in Pittsburgh

Monday, January 25, 2010

Obama Uses Teleprompters During Speech at Elementary School...

President Barack Obama, accompanied by Education Secretary Arne Duncan, speaks to the media after a discussion with 6th grade students at Graham Road Elementary School in Falls Church, Va., Tuesday, Jan. 19, 2010.

The Madness never ends. 
This man has no shame.  A Teleprompter at an Elementary School??

Friday, January 22, 2010

Actor or Liar? or Both?

Thank you Mr President for your good judgement.

You've managed to spook our markets while in the midst of recovery from the worst financial setback since the Great Depression!!

Thursday, January 21, 2010

It's a Lame Duck!

I have no doubt  that President Obama will still attempt do what he can to execute his dangerous agenda, whatever the additional cost be to our country's health, wealth and morale.  If we thought Obama might at last be humbled into a more reasonable approach to conducting our country's business by the resounding voice with which the Massachusetts electorate articulated its refusal to comply with more of the same, let's now accept;   he's not voluntarily altering his goals or his approachLook at Thursday's shenanigans. Even if we accept the improbable;  that O'Bama really believes Wall Street is culpable for substantially all of the financial hardships facing our country,  and  that our government, (recall that  government programs, presumably with well meaning but ill-fated intentions, encouraged subprime lending), and free markets, (which is  the only  form of economics that has demonstrably worked in the history of society,  but by  nature is known to be imperfect and prone to occasional substantial downs),  - played no meaningful role in these financial hard times,  isn't Obama’s timing in proposing  the latest punishing restrictions on banks,-  just after the Democrat's profound  loss in Massachusetts, a little conspicuous?

Today's smokescreen has holes, and we can see thru them to the winks and handshakes outside those doors which were closed for recent "Cadillac Healthcare" deal making.              

Here's hoping that if it walks like - and talks like, - and is lame....It's a Lame Duck!

By Christopher "Hollywood" Cochran   

Initial jobless claims unexpectedly rise

WASHINGTON (AP) -- A surprising jump in first-time claims for unemployment benefits is a painful reminder that jobs remain scarce six months into the economic recovery.  The increase deflated hopes among some analysts that the economy would produce a net gain in jobs in January.  The Labor Department said Thursday that initial claims for unemployment insurance rose last week by 36,000 to a seasonally adjusted 482,000. Wall Street economists expected a small drop, according to Thomson Reuters.  The four-week average, which smooths fluctuations, rose for the first time since August, to 448,250.  A Labor Department analyst said that much of the increase last week was due to administrative backlogs leftover from the winter holidays in the state agencies that process the claims.  Still, that would indicate that claims totals in previous weeks were articifically low, many economists said. Those drops had raised hopes that layoffs were ending and that employers would add a modest number of jobs in January.  The January employment report will be issued Feb. 5. But the surveys that are used to compile that report were conducted last week, so economists pay are paying close attention to the jobless claims figures from that week.  "The trend in the data is still discouraging," Diane Swonk, chief economist for Mesirow Financial, wrote in a note to clients. "Hopes for a positive employment number in January ... are rapidly dimming."  The stock market fell in morning trading. The Dow Jones industrial average dropped 170 points by late morning, while broader indexes also declined.
A separate report that seeks to forecast future economic activity was positive: The Conference Board's index of leading economic indicators jumped 1.1 percent in December, suggesting that economic growth could pick up this spring.  Eight of the 10 components in the index showed improvement, with the strongest gains in the so-called interest rate spread and building permits, which are a signal of future home construction.  The interest rate spread is the difference between the cost of borrowing money for 10 years and borrowing overnight.  In jobs market, initial claims for unemployment benefits had dropped steadily since last fall, as companies cut fewer jobs. First-time claims have dropped by 50,000, or almost 10 percent, since late October.  Still, employers are reluctant to hire. The Labor Department said earlier this month that employers cut 85,000 jobs in December, after adding 4,000 in November. November's increase was the first in nearly two years. The unemployment rate was 10 percent, unchanged from November.  Many economists say the four week average of claims will need to fall to below 425,000 to signal that the economy is close to generating net job gains.  The economy is growing, but not quickly enough to bring down widespread joblessness. Most economists estimate that the gross domestic product, the broadest measure of the economy's output, grew at about a 4 percent clip in last year's fourth quarter. That followed 2.2 percent growth in the July-September period.  Meanwhile, the number of people continuing to claim regular benefits dropped slightly to just under 4.6 million. The continuing claims data lags initial claims by a week.  But the so-called continuing claims do not include millions of people who have used up the regular 26 weeks of benefits customarily provided by states and are now receiving extended benefits for up to 73 additional weeks, paid for by the federal government.  More than 5.9 million are receiving extended benefits in the week ending Jan. 2, the latest data available, an increase of more than 600,000 from the previous week. The data for emergency benefits lags initial claims by two weeks.  The increasing number of people claiming extended unemployment insurance indicates that even as layoffs are declining, hiring hasn't picked up. That leaves people out of work for longer and longer periods of time.  Among the states, California saw the largest increase in claims, with 16,160. Texas, Florida, Pennsylvania and Georgia saw the next largest increases. The state data lags the initial claims data by a week.  Oregon saw the biggest drop in claims, of 5,784, followed by Iowa, Kentucky, Michigan and Massachusetts.

Tuesday, January 19, 2010

Pelosi: "We will have healthcare -- one way or another"

Given what looks like the impending loss of the party's Senate supermajority, Democrats have reason to be down in the dumps about healthcare reform. But if that's the way House Speaker Nancy Pelosi's feeling, she's not showing it publicly.
"Let's remove all doubt, we will have healthcare one way or another," Pelosi said during an event in San Francisco on Monday. "Certainly the dynamic would change depending on what happens in Massachusetts. Just the question about how we would proceed. But it doesn't mean we won't have a health care bill"
With the pending election results, we can only sit back and watch this soap opera unfold. The impact of the election is clear and it's impact on my fellow Tea Party members is electrifying.
One thing is clear, Liberals will do anything to pass this bill even if it means going against the will of the people.
As I write this from my comfy home in Pittsburgh, you can be sure the Liberals are scheming to pass the Senate version of the bill, which would send the measure directly to President Obama for his signature. Stay tuned.
By Christopher "Hollywood" Cochran