Obamanation

September 27, 2012

Obama;
Job Creator!

"Republicans may soon lose a key talking point. According to data released Thursday, President Obama may now be a net job creator.

In the year following Obama's inauguration, the U.S. economy lost about 4.3 million jobs. But new figures released Thursday show 4.4 million jobs have been added back since then."

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September 27th, 2012

Obama Opens Up Lead

"President Barack Obama has opened up a significant lead among Catholic voters, a crucial swing voting bloc, according to a recent Pew poll.

Obama leads opponent Mitt Romney among Catholic voters by 54% to 39%, according to the survey, conducted from September 12 to 16 by the Pew Research Center for the People & the Press.

:udaman:


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Busted!!!

October 4, 2012

You Can Tell
BU$HCO IS GONE
!!

"A federal healthcare strike force has charged 91 doctors, nurses and other licensed medical professionals in a nationwide sweep in connection with fraudulently billing the government nearly $430 million. Those charged included a group in Los Angeles that ferried patients for ambulance rides that were never medically necessary."

[ame=http://www.youtube.com/watch?v=GUY_01n1XWQ]Medicare Fraud is costing us millions of dollars! - YouTube[/ame]
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[ame=http://www.youtube.com/watch?v=-r6h1ujc9AA]Medicare Fraud (Part 2 of 2) - How Criminals Are Getting Rich Defrauding Medicare.... - YouTube[/ame]
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[ame=http://www.youtube.com/watch?v=m17VkNIbymA]60 Minutes Expose: How The Lobbies Rule America - YouTube[/ame]

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Shaman's lost it, like the rest of the loony left.

This is almost to fun to watch happen.

Next week, Biden.
 
October 9, 2012

U.S. Sues Wells Fargo

"The U.S. government sued Wells Fargo over claims that the bank made reckless home mortgage loans for a decade.

In a lawsuit filed Tuesday in Manhattan's Southern District of New York, the government accused Wells Fargo of "reckless underwriting" and fraudulently approving thousands of home loans that caused large scale losses for the government.

The Federal Housing Administration paid out millions of dollars in insurance claims on defaulted loans that were falsely certified by Wells Fargo, according to the complaint."

STILL cleaning-up after BU$HCO!!!!!


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"Wells Fargo is one of hundreds of banks permitted to certify mortgages for government backing by the FHA. Should these loans fail, the FHA, a division of the U.S. Department of Housing and Urban Development, will reimburse whoever holds the loans for the charges they incurred.

Because of this guarantee, millions of moderate and low-income borrowers who wouldn't otherwise qualify for a mortgage have been able to take out a home loan. But an investigation by federal authorities has found that many of these loans were improperly certified by bank mortgage officers that ignored lending standards in an effort to pad their bonus checks."

:eusa_boohoo:
:piss2:Awwwwwwwwwww.....pickin' on the Teabaggers' job-creators....


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October 9, 2012

Blubbering Marketplace


"In a span of less than four months, Wells Fargo has either resolved or been implicated in lawsuits alleging racial discrimination and mortgage fraud."

Gee.....they forgot to give any examples o' racial-discrimination.


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October 11, 2012

Foreclosure Filings DROP!!!!

"Foreclosure filings fell in September to their lowest level in more than five years as a housing market rebound showed another sign of taking hold.

Substantial decreases in California and some other states hard-hit by the collapse of the housing bubble helped reduce filings to 180,427 last month, down 7% from August and 16% from a year earlier, according to foreclosure listing firm RealtyTrac.

The last time filings were that low was in July 2007."

:thewave:


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October 11, 2012

Weekly Jobless Claims Fall

"The Labor Department reported Thursday that new jobless claims dropped a seasonally-adjusted 30,000 to 339,000, the lowest since February 2008. The four-week moving average, considered a more accurate gauge of labor marketconditions, slid 11,500 to 364,000."

:thewave:


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October 12, 2012

Consumer Sentiment JUMPS!!!

"U.S. consumer sentiment unexpectedly rose to its highest in five years in October in the latest in a string of encouraging signs from the economy that may boost President Obama's reelection hopes as voters go to the polls next month.

The Thomson Reuters/University of Michigan's preliminary October reading on the overall index on consumer sentiment came in at 83.1, up from 78.3 the month before, and the highest since September 2007, the survey showed on Friday.

The new buoyancy among consumers comes shortly after the U.S. unemployment rate tumbled to its lowest in nearly four years in September as more people returned to the workforce and found jobs than economists had predicted."

Obama!! . Obama!! . Obama!! . Obama!! . Obama!!

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"The mortgage market dragged on banks during the worst of the financial crisis but has become a bright spot of late. After the Federal Reserve said in September it would buy huge quantities of mortgage bonds every month for the foreseeable future, rates fell sharply and loan applications soared.

Besides the good news about the housing market, J.P. Morgan also reported that losses are shrinking rapidly from the bad trades engineered by the so-called London Whale, which cost the bank almost $6 billion in the first half of the year."

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October 15, 2012

New Gas-Mileage Rules


"If President Obama wins re-election, aluminum manufacturers such as Alcoa and Honeywell International could have reason to celebrate. The industry is likely to be listening closely this week when David Strickland, administrator of the National Highway Traffic Safety Administration, addresses its annual conference and details the role the metal could play in Obama’s new fuel-economy rules.

Published on Monday, the rules mandate that cars average 54.5 miles per gallon by 2025—about double the current average fuel economy. Automakers have been racing to develop new technologies to comply: They need to design cleaner engines while building a greater number of electric cars and lighter vehicles. And that’s likely to bring a windfall for the aluminum industry, according to Bloomberg Industries analyst Andrew Cosgrove. A lightweight metal, aluminum is the most likely candidate to replace steel in certain auto parts, says Cosgrove."

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[ame=http://www.youtube.com/watch?v=TxDgRr_Ynvc]Right America Feeling Wronged pt1 - YouTube[/ame]​
 
October 17, 2012

Housing Starts $URGE!!

"Groundbreaking on new homes surged in September to its fastest pace in more than four years, a sign the housing sector's budding recovery is gaining traction and supporting the wider economic recovery.

America's economy has shown signs of faster growth in recent months as the jobless rate has fallen and retail sales data has pointed to stronger consumer spending.

Wednesday's data showed that housing, which was battered by the 2007-09 recession, is increasingly one of the brighter spots in the economy."

:thewave:


:party: . :party: . :party: . :party: . :party:


:woohoo: . :woohoo: . :woohoo: . :woohoo: . :woohoo: . :woohoo: . :woohoo:


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OctOBER 17, 2012

Unemployment Rate
Collapsing
!!!

"U.S. unemployment, as measured by Gallup without seasonal adjustment, is 7.3% in mid-October, down considerably from 7.9% at the end of September and at a new low since Gallup began collecting employment data in January 2010. Gallup's seasonally adjusted unemployment rate is 7.7%, also down from September. October's adjusted mid-month measure is also more than a percentage point lower than October 2011."

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:thewave:


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October 17, 2012

Homebuilding Rebound


"Homebuilding is gaining speed because there are shortages of housing in places like the Midwest and Plains states that have stronger job growth and relatively little excess housing stock. The U.S. Census Bureau on Oct. 17 reported a 15 percent jump in the seasonally adjusted annual rate of starts on construction of privately owned housing (PDF) for September, compared with the August rate. Bloomberg reports that the September rate was the highest in four years.

“You need to build homes where people have jobs. So you’re seeing growth in [places like] Texas. Not so much in depressed places like Michigan, Florida,” says Patrick Newport, U.S. economist at forecaster IHS Global Insight.

David Crowe, the chief economist of the National Association of Home Builders, says construction is strong in a band that stretches from Texas north to the Dakotas because agriculture and energy have supported job growth, while there is no big overhang of vacant housing from the construction boom of the 2000s. “We’ve been trying to make that point for a long time now,” says Crowe. “Individual markets are improving. There are more of them doing that, enough so that it’s finally showing up in the national numbers

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October 19, 2012

Airbus To DOUBLE
U.S. $pending

"Airbus, which last year paid $12 billion to U.S. suppliers of the parts and services it needs to build its planes, will double that spending by 2020 as it gears up to build a new plant in Mobile, Alabama.

Airbus Americas Chairman Allan McArtor will tell an educational summit in Los Angeles on Friday that the spending boost will result from company's planned $600 million plant to assemble its A320 short- and medium-distance planes.

Southern California is likely to be a big winner from the procurement, with a doubling of the $1 billion the aircraft maker, part of EADS (EAD.PA), spends in the region.

"LA has a good talent base and there's a lot of innovation going on here," McArtor said in an interview after attending groundbreaking ceremonies for the $80 million factory that Valencia, California-based Aerospace Dynamics International is building to supply large structural components of Airbus' next generation A350 extra-wide body aircraft.

To get the added work, however, the Airbus executive said southern California will need to become more competitive with other states and countries by improving its educational institutions to turn out skilled workers, engineers and others the aerospace industry will demand."

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"Did someone mention EDUCATION??!!"
 

"The unemployment rate fell last month in most states, including those considered undecided in the presidential election, data from the Labor Department showed on Friday.

"Overall, following last month's rather negative report, this one is definitely very encouraging," said Michael Dolega, an economist at TD Bank Group. "Specifically, the statistically significant declines across the board and employment gains."

In swing-state Florida, the jobless rate fell to 8.7 percent from 8.8 percent.

"Florida basically is gaining on the rebound in housing; it's created 4,000 jobs in construction," said Dolega. "Construction has been shedding jobs, so this is a nice turn around for them."

The national unemployment rate fell to 7.8 percent in September, the lowest since President Obama took office nearly four years ago."


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