Obama the dumb ass blames everyone for his own policies…

January 31, 2013

The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.

The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.

The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That’s a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.

The surprise contraction could raise fears about the economy’s ability to handle tax increases that took effect in January and looming spending cuts.

Still, the weakness may be because of one-time factors. Government spending cuts and slower inventory growth subtracted a total of 2.6 percentage points from growth.

And those volatile categories offset faster growth in consumer spending, business investment and housing — the economy’s core drivers of growth.

Another positive aspect of the report: For all of 2012, the economy expanded 2.2 percent, better than 2011’s growth of 1.8 percent.

The economy may stay weak at the start of the year because Americans are coming to grips with an increase in Social Security taxes that has left them with less take-home pay.

Subpar growth has held back hiring. The economy has created about 150,000 jobs a month, on average, for the past two years. That’s barely enough to reduce the unemployment rate, which has been 7.8 percent for the past two months.

Economists forecast that unemployment stayed at the still-high rate again this month. The government releases the January jobs report Friday.

The slower growth in stockpiles comes after a big jump in the third quarter. Companies frequently cut back on inventories if they anticipate a slowdown in sales. Slower inventory growth means factories likely produced less.

Heavy equipment maker Caterpillar, Inc. said this week that it reduced its inventories by $2 billion in the fourth quarter as global sales declined from a year earlier.

The biggest question going forward is how consumers react to the expiration of a Social Security tax cut. Congress and the White House allowed the temporary tax cut to expire in January, but reached a deal to keep income taxes from rising on most Americans.

The tax increase will lower take home pay this year by about 2 percent. That means a household earning $50,000 a year will have about $1,000 less to spend. A household with two high-paid workers will have up to $4,500 less.

Already, a key measure of consumer confidence plummeted this month after Americans noticed the reduction in their paychecks, the Conference Board reported Tuesday.

Economists expected the first reading on gross domestic product to show growth of 1 percent, down from the third quarter’s reading of 3.1 percent.


Proud of Obama dumb little sheep!

January 21, 2013

When Bush Did What Obama’s Doing, Were You Mad?

Among other things since becoming president, Barack Obama has:
Signed the NDAA into law – making it legal to assassinate Americans w/o charge or trial.

Initiated, and personally oversees a ‘Secret Kill List’.

Waged war on Libya without congressional approval.

Started a covert, drone war in Yemen.

Escalated the proxy war in Somalia.

Escalated the CIA drone war in Pakistan.

Maintained a presence in Iraq even after “ending” the war.

Sharply escalated the war in Afghanistan.

Secretly deployed US special forces to 75 countries.

Sold $30 billion of weapons to the dictatorship in Saudi Arabia.

Signed an agreement for 7 military bases in Colombia.

Opened a military base in Chile.
Touted nuclear power, even after the disaster in Japan.

Opened up deepwater oil drilling, even after the BP disaster.

Did a TV commercial promoting “clean coal”.

Defended body scans and pat-downs at airports.

Signed the Patriot Act extension into law.

Deported a modern-record 1.5 million immigrants.

Continued Bush’s rendition program.
Here’s a partial history of Obama’s dealings – listed (roughly)
chronologically, most recent first:

News after Obama was elected to a second term

Democrat Dolts

September 16, 2012

If you buy what Obama is dishing out you are a sucker!

70% obamas followers on twitter FAKE

August 24, 2012

Does this surprise anyone. Obama has fooled America. Dumb votes that’s the only people who vote for this dolt!

How to tell if your a dolt democrat

February 14, 2012

How to tell if your A DOLT Democrat..

1. When bush was in office you protested against the war.. Now it’s ok we are still at war and bombing other countries…

2. Bank theft under bush was the end of the world… Now mf global 1.2 billion theft… Solindra And the 3 other solar companies that went under soaking the us tax payer for 3 billion is ok under democrats.

3. Sheehan… Hmmm what she is not on CNN… Msnbc… Fox… Hmmm..

4. Soldier death count under Obama hmmmm it was on the news ever night.. Under Obama ((( 1700 killed under Obama )))

5. You listen to the Dolt Debbie wasserman!

6. You will buy anything the democrats the because you are a registered JackASS!!! Hook line and sinker especially the economy and numbers…

Solyndra scandal yep real change huh

September 25, 2011

To all who bought his CHANGE hook line and sinker.. What MORONS!!!


Your Average Obama Voter!!!

August 10, 2011