Recovery Bummer: The economy added ZERO jobs in August. “Economists” had been expecting a significant increase. In a continuing pattern, job growth estimates for both June and July were revised downward. We expect today’s report to be revised downward next month.
Yesterday’s big news was the White House going to great lengths to express its fury at not being permitted to get away with a cheap stunt regarding a Presidential address before Congress and a pre-scheduled, Network-televised GOP debate. One might suppose they had to do something hasty to distract from still more poor economic news, leading to reports of Democrats distancing themselves from Obama. It makes perfect sense for Obama to blame the GOP House for all his troubles. He can’t really blame Democrats when they’re acting as if they don’t know and never even heard of him. Poor guy.
Thursday’s economic data on jobless claims, manufacturing activity and construction spending initially garnered a warm response from investors. But the reality of the lackluster economy those numbers conveyed eventually set in.”
In related news, esteemed Mediaite reporter, Tommy Christopher, called for Speaker Boehner’s resignation over the debate incident. As of press time, Big Government can all but confirm that another tree also fell in a forest somewhere with no one there to hear it; however, without a link, unlike Christopher provided, we’re simply going to let that news pass.
Boehner has insulted and disrespected the office of the President of the United States, and should resign.
The White House also announced a key initiative, to consider Internet petitions with 5,000, or more signed supporters. One could hardly come up with a better taxpayer-funded plan to target key voter issues by demographic for messaging in the 2012 campaign if they wanted to, not that we’re accusing the administration of politicking from the White House, or anything.
The White House on Thursday announced a new way it will keep in touch with public concerns — by promising to consider online petitions that get at least 5,000 supporters.
You may have missed the big fight over the “Durbin Amendment” during the debate over the Dodd-Frank financial services “reform.” It was designed to cap the fees banks charged retailers for processing debit and credit card transactions. Supporters claimed it would help consumers…er, somehow. Opponents claimed it was just a government-imposed handout to the retailers and would ultimately hurt consumers. Guess how turned out to be right? Those fees the government won’t let banks charge big retailers…YOU are now paying them. Thanks, Dick Durbin!
Chart of the Day: Europe Economy Grinds to a Halt.
Shock Poll: The GOP is tied in the race to fill Anthony Weiner’s Midnight-blue congressional seat? Keep in mind; its a GOP commissioned poll, there are still 12 days for vitriolic union and leftist scaremongering before voters go to the polls, and NRCC’s track record in special elections is about 0 for 3,000. Still. Damn.
You’ve probably heard that one of Obama’s flagship “green jobs” success stories, solar panel Solyndra, has gone bust. The failure comes on the heels of the company getting over $500 million in federal sweetheart loans. Given that some top folks in the company were also top donors to Obama has raised some questions on Capitol Hill. The GOP is calling for an investigation:
“We have learned from our investigation that White House officials monitored Solyndra’s application, and communicated with [the Energy Department] and Office of Management and Budget (OMB) officials during the course of their review in 2009 and when those officials were restructuring the Solyndra deal this year. Documents received by the Committee also show that DOE and OMB officials were aware of the White House’s interest in the Solyndra loan guarantee. In addition, we are also aware that a major investor in Solyndra, George Kaiser, was a bundler for President Obama’s 2008 campaign.”
The administration is also taking on Islamophobia. It appears as though one apology tour just wasn’t enough for Obama to tell the Muslim world how truly sorry America is for that unfortunate little incident which we will be commemorating the Tenth Anniversary of just nine days hence on 9-11-2011. Meanwhile, at said site, construction of the so-called Freedom Tower labors on amid delays. What curious messaging Reagan’s shining city on a hill manages to convey to the Free World these days. The Smithsonian is now displaying 9-11 wreckage and momentos.
An unprecedented collaboration between the Obama administration and the Organization of Islamic Cooperation (OIC, formerly called the Organization of the Islamic Conference) to combat “Islamophobia” may soon result in the delegitimization of freedom of expression as a human right.
Reports indicate the White House did receive emails on the Fast and Furious gun-trafficking operation.
BigPeace’s Worldview, Sept. 2, 2011: UN Flotilla Raises Turkey/Israel tensions.
Finally, in a late-night item, the Ace-of-Spades Blog offers up: A Requiem for California. Can a nation unable to expediently erect a Freedom Tower also manage to lose its Golden Gates? Perhaps it could. Whether it does, or not, may depend a great deal on Election Day 2012.
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