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America on Verge of Economic Collapse Because of Obama's Cooked Reports
News Blaze ^ | 2/18/12 | Chuck Ness

Posted on 02/18/2012 11:56:59 PM PST by OneVike

The Obama administration has released an economic report that claims everything is coming up roses, and it is making the rounds of the MSM's news outlets. Truth is, when you look into the numbers, it's rather easy to come to the conclusion that the economic reports are as screwy as the administration's employment numbers. In order to convince Americans that his economic measures are working, Obama is claiming there has been an increase in retail sales from December to January by a seasonally adjusted .4%. The administration goes on to explain that while the economy is moving in a positive direction, it is still slow. They also point out that the recently reported gains reduced unemployment to 8.3%, proving that Socialist economic policies are working. However, Obama's unemployment numbers have since been proven to be lies. Have I stated that we are in an election year and that Obama needs to get re-elected in order to continue transforming the greatest country in the history of mankind into a Soviet style basket case? To assist in the destruction, the MSM has been knowingly repeating this administration's lies.

Instead of reporting how America's real unemployment is actually up between 19 and 25%, they report that Obama has been able to get unemployment down to 8.3%. Instead of reporting that the government is spending more money than it is taking in, and that retail sales have dropped by almost $100 billion from December to January, we are told by the administration's propaganda machine that retail sales have increased by .4%. In an election year, the MSM will do everything in their power to convince Americans that Obama is even greater than Ronald Reagan.

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Monthly U.S. Total Gasoline Retail Deliveries By Refiners.
Note: the two low points are for October and November 2011, the most recent data.
Graphic: U.S. Energy Information Administration

By looking at the usage of gasoline by us citizens, you will notice that it really does back up my point that Americans are not going anywhere to buy anything. The refineries are not delivering gas to your local service station because neither you nor your neighbor are buying gas. We are staying home because our stagnant income does not allow us to put extra gas in our cars, let alone drive around to purchase things we cannot afford. Again, please notice the last two data points on the graph above. They point to a historic low amount of gas being used by Americans, which has a direct effect on the overall retail sales. Which in turn will affect the employment of Americans. So unless Americans begin buying more gas to go to the store, be prepared for the administration to offer up more bogus unemployment numbers like the ones I wrote about last week which Obama and the MSM do not want you to know exist.

(Excerpt) Read more at newsblaze.com ...


TOPICS: Breaking News; Business/Economy; Extended News; Front Page News; Government; Politics/Elections
KEYWORDS: bho44; bhoeconomy; bhofascism; corruption; demlies; democrats; economy; election2012; kenyanbornmuzzie; nobama2012; obama; obamatruthfile; opec; reports; sales
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To: 21twelve

Part of the stock market boom may simply be inflation.


121 posted on 02/20/2012 5:49:59 AM PST by patriciaruth (http://www.freerepublic.com/focus/f-news/1993905/posts)
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To: OneVike; sickoflibs; DoughtyOne; Liz
America on Verge of Economic Collapse Because of Obama's CookedCrooked ReportsNature

See also It’s Obama’s $3.8 trillion budget and it is to truth what night is to day. To call it a “campaign document,” as Republicans have, doesn’t do it justice. Ditto for calling it a “wish list,” as reporters have. It is a fraud, a scam, a wooden nickel, pure and unadulterated flimflam.

122 posted on 02/20/2012 6:26:39 AM PST by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: ding_dong_daddy_from_dumas; OneVike; Liz; DoughtyOne; calcowgirl; Gilbo_3; Impy; Pan_Yans Wife; ...
Ever since the 2010 election Obama has been working on his re-election 24/7. What amazed me was the mindset of so many here in 2010 that Obama didn't even want to be re-elected(thanks Rush and others) , clearly that line of thinking is gone.

To be re-elected Obama needs the economy to appear to be improving, while rallying his base against Republicans. The way to do that is to keep taxes as low as possible, and spending as high as possible till the election, huge deficit spending, and portray that as a real economic solution. Note that Republicans are being judged by what they propose for the short term in the way of ‘jobs’, and the liberal Keynesian economic 'experts' provide cover for this scam. Any discussion of how this might hurt us after the election is to be portrayed as ‘just trying to hurt Obama by screwing up the recovery’.

Another misnomer is that Obama really wanted to raise taxes on the rich BEFORE the election, That is just Dem campaign spin. Obama gets to have his cake and eat it too on this:

1) He gets the GWB tax rates on the rich, as well as everyone providing the short term stimulus, with all the taxes going up automatically after the election
2) He gets to claim he really wants to raise those rates NOW for fairness, deficit reduction, etc, but is being blocked.

Congressional Republicans have shown themselves incapable of effectively countering the above re-election strategy messages and theme above.
Republicans winning the 2010 election and winning the tax battle on Bush tax cuts are both factors that will help Obama’s re-election and hurt Republicans(ironically).

But, today is not the election so it is not over yet.

123 posted on 02/20/2012 7:31:05 AM PST by sickoflibs (You MUST support the lesser of two RINOs or we all die!)
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To: OneVike
Obama needs to get re-elected in order to continue transforming the greatest country in the history of mankind into a Soviet style basket case? To assist in the destruction, the MSM has been knowingly repeating this administration's lies.

This is scary given that the MSM's lies covered up Stalin's famines pretty well. This is coming home to roost.

124 posted on 02/20/2012 8:56:59 AM PST by JudgemAll (Democrats Fed. job-security Whorocracy & hate:hypocrites must be gay like us or be tested/crucified)
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To: patriciaruth

“You haven’t factored in a couple vital things.

1. All the conservatives who have declared they aren’t going to vote in November if they don’t get their perfect candidate.”

Since an Obama victory means we probably lose our homes & jobs, we have no choice. The idealists who voted for Nader in 2000 (costing Gore the election) could do that because from their point of view there was no difference; there is clear difference between the most “progressive” Repub and Obama.


125 posted on 02/20/2012 8:58:07 AM PST by kearnyirish2
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To: OneVike

Very true. And many states want a higher gas tax because more people are driving less.


126 posted on 02/20/2012 12:43:52 PM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
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To: sickoflibs; OneVike; Liz; DoughtyOne; calcowgirl; Gilbo_3; Impy; Pan_Yans Wife; ...
It’s Obama’s $3.8 trillion budget and it is to truth what night is to day. To call it a “campaign document,” as Republicans have, doesn’t do it justice. Ditto for calling it a “wish list,” as reporters have. It is a fraud, a scam, a wooden nickel, pure and unadulterated flimflam.

That quote is from Michael Goodwin, who voted for Obama in 2008. At least some voters find common sense, eventually.

127 posted on 02/20/2012 2:31:18 PM PST by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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To: thethirddegree
Magic Negro’s mouth. His day of reckoning is coming.

Did you mean our first Muslim President? If you don't know who the enemy is, how can you defeat him?

128 posted on 02/21/2012 6:05:57 PM PST by politicianslie (Obama: America's first Muslim POTUS, doing all he can to destroy America. HELLO, can anyone th)
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To: Redalways

If you measure it out, you’ll find that the unemployment rate started its climb right about the time the Dems took congress after the 2006 election. It really shot up right around the time Zer0 bagged the Dem nomination and didn’t slow until the 2010 elections when the republicans made gains in both houses.


129 posted on 02/22/2012 1:48:43 AM PST by Little Pig (Vi Veri Veniversum Vivus Vici.)
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To: headsonpikes

I was on the verge of expressing my admiration for your screen name and then, remembering my own, though it might be counter-productive....:-)


130 posted on 02/22/2012 10:07:43 AM PST by Madame Dufarge
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To: headsonpikes

I was on the verge of expressing my admiration for your screen name and then, remembering my own, thought it might be counter-productive....:-)


131 posted on 02/22/2012 10:08:18 AM PST by Madame Dufarge
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To: Madame Dufarge

In other words, just stick to your knitting, as it were...


132 posted on 02/22/2012 11:50:49 AM PST by headsonpikes (Mass murder and cannibalism are the twin sacraments of socialism - "Who-whom?"-Lenin)
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To: Madame Dufarge; headsonpikes

I think you make a great team.


133 posted on 02/22/2012 9:38:06 PM PST by little jeremiah (We will have to go through hell to get out of hell)
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