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#NVSen: Berkley’s Out-Of-Touch Record Crashes Into Reality, Again
41 Straight Months Of High Unemployment After Berkley Promised Her Stimulus Would ‘Create or Save’ 34,000 Nevada Jobs
WASHINGTON — Over three years ago, embattled U.S. Congresswoman Shelley Berkley was a strong supporter of the massive $825 billion stimulus – paid for by borrowing billions of dollars from China – that Berkley and Harry Reid promised would ‘create or save’ 34,000 Nevada jobs. At the same time, Berkley was following Nancy Pelosi’s orders to support the health care law which the Supreme Court confirmed last week represents a massive tax hike on Nevada families and small businesses.
Yet, since President Obama has taken office and the Democrats have run Washington, our country has actually lost over 400,000 jobs, and today marks the 41st straight month that the national unemployment rate has remained above 8 percent.
In fact, the June unemployment report shows the worst quarter of job creation in two years.
As CNBC reports:
CNBC’s John Harwood: “Not Good News For The American Economy”
“Between last week’s Supreme Court decision and today’s jobs report, it’s a sobering reminder that at a time when embattled Congresswoman Shelley Berkley and the Democrats should have been focused on jobs, they focused instead on a massive middle class tax hike and reckless government spending programs,” National Republican Senatorial Committee spokesman Jahan Wilcox said today.
BACKGROUND….
FLASHBACK …
Berkley Press Release: “The American Recovery And Reinvestment Act . . . Will Create Millions Of New Jobs, deliver tax relief to working families and provide funding to states for healthcare, education, clean energy and new roads and highways.” (Congresswoman Shelley Berkley, “Broad Stimulus Package Will Create New Jobs, Deliver Needed Help For Families,” Press Release, 1/28/09)
Berkley Stimulus Press Release: Broad Stimulus Package Will Create New Jobs, Deliver Needed Help For Families (Congresswoman Shelley Berkley, “Broad Stimulus Package Will Create New Jobs, Deliver Needed Help For Families,” Press Release, 1/28/09)
Berkley Called The Stimulus “An Investment In The Future Of Nevada And The Nation.” “Calling the package an investment in the future of Nevada and the nation, Congresswoman Shelley Berkley voted today in favor of a broad economic stimulus package.” (Congresswoman Shelley Berkley, “Broad Stimulus Package Will Create New Jobs, Deliver Needed Help For Families,” Press Release, 1/28/09)
“‘Putting Nevadans Back To Work Is My Number One Priority and that’s why I’m proud to cosponsor these two bills that aim to create jobs in Nevada and across our nation,’ said Rep. Shelley Berkley (D-NV). ‘While some in Washington work to protect corporations that ship our jobs overseas, I’m working with my colleagues to pass legislation that invests in clean energy jobs and provides small businesses the tools they need to expand and hire employees.’” (Ways And Means Committee Democrats, “Ways And Means Democrats Introduce Bills To Extend Wind Energy Tax Credit, Provide Hiring Tax Credit,” Press Release, 6/27/12)
Obama-Berkley-Reid Economic Record….
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- Since President Obama Took Office, The Nation Has Lost 473,000 Jobs And The Unemployment Rate Has Increased From 7.8 Percent To 8.2 Percent. (Bureau Of Labor Statistics, Accessed 7/6/12)
- In June, The Hispanic Unemployment Rate Remained At 11.0 Percent. (Bureau Of Labor Statistics, Accessed 7/6/12)
- The African American Unemployment Rate Increased From 13.6 Percent To 14.4 Percent. (Bureau Of Labor Statistics, Accessed 7/6/12)
- The Unemployment Rate Has Remained Above Eight Percent For A Record 41 Straight Months. (Bureau Of Labor Statistics, Accessed 7/6/12)
- The Real Unemployment Rate, Including Those That Are Working Part-Time Due To Economic Reasons, Increased To 14.9 Percent. (Bureau Of Labor Statistics, Accessed 7/6/12)
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#NVSen: Lowbrow Shelley Berkley Campaign Manufactures Heller Anti-Woman Story
It just doesn’t get lower than this… sensing her impending doom, embattled congresswoman Shelley Berkley’s campaign has lowered itself to manufacturing negative story’s about opponent Senator Dean Heller in a shameful attempt to pick up votes.
Apparently, over the 4th of July holiday, a Nevada reporter was spoon-fed a story about Heller campaign staffers wearing buttons that said; “A Woman’s Place Is In The House”
Unfortunately for the Berkeley camp, there’s no evidence that anyone in the Heller organization was wearing any such button, in fact, the Heller campaign has said that they have not purchased any campaign buttons to date!
“This is the first that we have heard of this. The Heller for Senate campaign has no such buttons and actually has not purchased any buttons at all. Absolutely no campaign staffer had such a silly button,” Chandler Smith, Heller campaign spokesman told TMR, “Dean Heller is a husband of almost 30 years with two daughters and a granddaughter, which just makes this even more absurd.”
The only buttons we could find that resembled the accusation come from Shelley Berkley’s own website:
NRSC spokesperson, Brian Walsh told TMR:
“Watching Berkley operatives pitch stories such as this, which they likely manufactured in the first place, is just another reminder of how low Shelley Berkley’s campaign and her allies will go over the next 124 days,”
These kind of lowbrow gutter tactics are par for the course when dealing with Harry Reid and his puppet Shelley Berkley.
I guess it’s just too much to ask for liberals to argue in the arena of ideas anymore? What a shame!
Mitt Romney On Today's Bad Job Stats
From The Weekly Standard
“It doesn’t have to be this way.”
Mitt Romney responded quickly to today’s disappointing job statistics, which reveal lackluster job creation and unemployment stuck at 8.2%. He emphasized the main points of his economic recovery program: energy independence, a fairer tax code with lower marginal rates, and, perhaps most important, removing the burdensome regulations that are strangling economic growth.
AIM: The Left Bullies Conservatives Into Silence
Curt Levey is Executive Director of the Committee For Justice, devoted to putting constitutionalist judges on the Supreme Court and the lower federal courts. AIM discusses his thoughts on Obamacare and his theory that the left uses bullying tactics to silence conservatives.
How Free Markets Will Beat Climate Change: Q&A with UCLA's Matthew Kahn
“My unsexy bumper sticker for adapting to climate change,” says UCLA Professor of Economics, the Environment, and Public Affairs Matthew Kahn, “is ‘Give free markets a chance!’”
Kahn, the author of Climatopolis: How Our Cities Will Thrive in the Hotter Future, argues that “well-meaning government actions” designed to combat the effects of global warming need to be scrutinized more than they have been. Despite the hostility to markets and economic development shared by many green activists, Kahn says that “free-market capitalism” provides the most flexible – and most progressive – solution to environmental issues. Climate change is coming, he avers, and raising the urban poor’s standard of living and generating new technological innovations will do far more to improve things than top-down attempts to control energy use and consumption patterns.
How Fast Is Yours?
You’ve changed your Broadband supplier and it’s not going well. The laptop just doesn’t seem as fast as before. At the third time of asking, you are still trying to complete that program you are trying to catch up with on iPlayer before it drops into an archive you can’t reach. It was never like this before, you howl. Someone’s going to pay, you scream. And then you reflect that it’s you, and that you already have.
How often is this scenario repeated in studies and living rooms across the country every night? Look across the rooftops in any town and you can almost hear the hum of indignation in the air. Return to your laptop and hover over the little network icon and you see something like this -
Wireless Network Connection
Speed: 54.0 Mbps
Signal Strength: Good
Status: Connected
Wasn’t the Signal strength V.Good last time I looked? Wasn’t it Excellent all the time before we changed supplier? That figure of 54.0 looks ridiculously low; surely it was way over 100 whenever you looked in the past?
It’s phone-a-friend time, someone from a younger generation preferably. What was the name of that Broadband Speed Test tool that can clock the speed to your machine? Broadband Speedchecker, that was it. Arc it up. Let’s see, hit the ‘Start speed test’. A satisfying, and almost audible whiz of numbers on the little speedo and tacho, and the result? Well it says the Download Speed is 7.73 Mb/s and Upload Speed is 1.02 Mb/s. Hang on, how does that relate to the 54.0 figure already mentioned. Oh dear, I feel a “I don’t begin to understand this” tantrum coming on.
Almost time to call the techy son but first try to retain at least a shred of dignity by attempting a little research. Hit Google and read some views on the subject. Well PC Advisor report earlier this year that the UK’s average broadband speed is 7.6 Mbps. The same page reveals that at least a couple of sources rate the performance in the U.S to come in a good deal lower than that. A reason to be smug? Or a reason to suspect the figures? Better get a second opinion and run that InternetFrog Speedtest that is advertised on the next page. Results are 1.23 Mbps for both Download and Upload. Who was that wise man who said that you can have too many opinions?
Well I’ve had the lecture again from No. 1 son about how some of the numbers relate to speed of transmission between my laptop and the wireless hub/router on the end of the cable, and how the other numbers are all about what goes on beyond my door in that great cloud of unknowing. I’ve had my fun and pressed a few buttons. I’ve seen the numbers race around. I’ve paid my bill and the programs and the Youtube clips work most of the time. And apparently, on average, I’m ahead of the Yanks. Time to let someone else worry about the figures and get back on the Word Processor.
Daily Spending Update:
Spending Daily | July 6, 2012
Jobs Number Fail to Meet Expectations. The Wall Street Journal reports: “U.S. job growth barely picked up in June, the latest sign that economic growth has slowed. Nonfarm payrolls grew by 80,000 last month, the Labor Department said Friday. The politically important unemployment rate, obtained by a separate survey of U.S. households, was unchanged at 8.2%. Economists surveyed by Dow Jones Newswires had forecast a gain of 100,000 in payrolls and the steady June jobless rate. … The slowdown in hiring shows that, three years after the recession’s end, the economy has failed to gain traction amid broad uncertainty related to Europe’s debt crisis, the potential for steep U.S. tax increases and spending cuts next year, andsigns of slower growth in developing countries.”
Recession Hits Young Americans Hard. ABC News reports: “Whatever today’s numbers show the employment crisis for Americans under 30 may not be over for years. The unemployment rate last month for young adults in America was 12,1 percent, says Paul Conway, president of the non-profit group Generation Opportunity. “One out of two college graduates right now are either unemployed or under employed.” People under 30 are “desperately trying to find full time jobs, not just a series of part-time jobs,” says Conway. These numbers could be warning sign for President Obama’s re-election campaign. His 2008 vote was fueled in part by strong turnout and enthusiasm among young voters.”
IMF Downgrades Economic Forecasts. Reuters reports: “The head of the International Monetary Fund expressed concern on Friday at a deterioration in the global economy, saying the outlook has become more worrying as developed and big emerging nations show signs of slowing down. The comments by IMF Managing Director Christine Lagarde came after the European Central Bank, the Bank of England and China’s central bank all eased monetary policy in a sign of the growing alarm over the health of the world economy. Financial markets will be glued later on Friday to news of U.S. jobs data for the month of June for the latest sign on the health of the world’s biggest economy, which has shown signs of losing momentum.”
“U.N. Calls for ‘Billionaires Tax’ to Help World’s Poor.” AFP reports: “The United Nations on Thursday called for a tax on billionaires to help raise more than $400 billion a year for poor countries.
An annual lump sum payment by the super-rich is one of a host of measures including a tax on carbon dioxide emissions, currency exchanges or financial transactions proposed in a UN report that accuses wealthy nations of breaking promises to step up aid for the less fortunate.”
Meet the newest Droid Incredible
CNET -
True to the Droid Incredible franchise, the new $149.99 HTC Droid Incredible 4G LTE packs a solid amount of smartphone features in an attractive yet compact size. On board is Android 4.0 Ice Cream Sandwich and access to Verizon’s 4G LTE network.
Is it Wise to Use IRA Funds to Pay off Mortgage?
Fox Business -
Dear To Her Credit,
When I retire, is it better to pay off an existing home mortgage with IRA funds or leave the funds alone as long as possible and continue to pay the mortgage?
- Linda
Dear Linda,
Paying off a mortgage when you retire, even if you have to use retirement funds to do so, may sound very appealing. We’re not making much money in savings accounts or money markets right now, anyway. Surely, the thinking goes, if we all paid off our mortgages, we could retire and live on very little income.
Nevertheless, unless your mortgage balance is very small in comparison to your retirement nest egg, I would strongly advise against raiding it to get rid of your mortgage.
