Mort Zuckerman who is a sort of Shakespearean Merchant of New York in being an Obama voter who helped him extract his pound of flesh off of America in installing Birdie, and now dear Mort wants to chop off another trillion dollar fillet off of America as Obama and Democrats got it wrong the first time.I always remember Rush Limbaugh hinting at a conversation Zuckerman heaped upon him which Limbaugh thought was Twilight Zone. Limbaugh couldn't figure out if Zuckerman was baiting him or really was as big a Letterman cocktail crowd bigot and racist as he was spewing about.
So in Mortimore Zuckerman, (yes I know his name is Mortimer, but when you steal a trillion and then want a trillion more, you should in the father of lies get a name fitting you in Mortimore Suckerman.), you get sometimes facts, sometimes games, and all the times promoting the patrician lifestyle of fly your own jet while poor folks breathe in the fumes and die.
Zuckerman though in the Wall Street Journal makes a few very chilling points which back what this blog has been warning of. Unemployment is much worse than what the numbers of 9.5% Obama percent hint at. Millions of unemployed are not being counted and businesses in looking out for employees are actually keeping a few million on the books instead of letting them go and just cutting them back to part time.
Coupled with Lawrence Summers dire predictions, Zuckerman flatly points out that unemployment in Obama statistics is going to hit 12% by 2010, the economy is not going to grow at all and the fact is companies are NOT GOING TO REHIRE anyone for years ahead, as companies will instead expand employees hours who are already employed but working not full time.
Americans now are working 33 French part time hours a week.........(gee was it not Obama who was emulating like all liberals the European system and now unemployed and behold here is America forced into this socialist Marxist cauldron.) and worse yet for another historic Obama moment, George W. Bush had a little over 4% in unemployment during his handling of the economy and BH Obama has now doubled that unemployment rate in a few months.
The worst yet Obama historic first is he has now wiped out 7.2 million jobs which were created in the George W. Bush years. This is the first time in history that anyone in the White House has wiped out the entire job force expansion of a previous administration.
Zuckerman though has not touched upon the worst of this.
Now is the summer of our discontent as Obama skims the ice of stimulus Christmas past, running sharpened blades over ever thinning ice to be made ever more ALgoreious in the plunging American economy in the winter to come.
Obama and Democrats squandered 90% of the stimulus on kickbacks and out year spending which is trapped inside the government. (For the record responsible people in Congress should seize this money and invest it into building projects of disaster shelters in every community which would create a real stimulation and job growth in stocking these shelters provided it was not Walmart Buffett Chinese stocked or Mexican slave labor created.) This is how one who cares about America deals with it in taking the money back instead of calling for another trillion dollar rapine of the American economy.
The money which is being spent is seasonal employment as in road construction which does not work in winter for obvious reasons.
There are a half a million more unemployed in mid summer, when actual seasonal employment should be employing college kids. This, come September, is going to spike with jobs lost again and college kids returning to college. Added with the construction job loss, and there is going to be an imploding of millions of more people out of work.
Oh and wait for it.........
All those states now taking Obama funds and burning their reserves, are going to now be responsible for unemployment checks Obama style instead of the federal system. 2010 is going to see mass increases in taxes in your local state or mass layoffs in local government. This is going to continue to spin horribly downward all in time for the Democrat elections where Obama and company were predicting a job spike and recovery spike.
NOW you know why these patricians are already screaming for stimulus 2, because they know Americans are going to be ready to throw everything out of office if they get it figured out.
Simply running on an Obama screwed this up along with Congress in wasting money will get a whole bunch of power hungry dweebs elected over the pork pie Democrats.
The entire American economy was stabilized by George W. Bush in January 2009, until Obama started to spout off and use the crisis for his agenda. Obama then strangled the economy, filleted GM and Chrysler, put draconian banking mandates in place to dry up money supply and has been slowly extorting money in trillion dollar sums from hospitals to his coming theft of stealing 5% more from "rich people" for hisself to spend.
This all could have been fixed easily if Obama had desired to do it instead of implementing his Marxism. Bush 43 had left 350 million in TARP money which Geithner has never explained where it disappeared to. If Congress had simply taken that money, told the banks who did not need TARP to invest it into key projects at low interest instead of paying it back for 5 years, and then literally invested 1 trillion, coupled with individual investments in a national project like high speed rail where the investors would not have to pay income tax on that money, that money for America would have swelled to several trillion and jump started the economy and provided a license system for American business to sell the systems to nations like China and India providing balance of trade, America would now be roaring to life and no one would even be thinking about the Obama European 9 11 economic attack on the United States.
.......and if Sarah Palin was our Queen of uncapping Oil, instead of Democrats trying to destroy America in cap and trade, America would now be so balanced and powerful that no Persian or North Korean would even be a problem as their systems would be imploded and Chinas and Russias problem.
The American economy proper is functioning well enough, because you and your neighbors are balancing your checkbooks and living within your means. It is now this Obama cronie economy which is constricting and strangling the overlord American economy like GM, joined to that international criminal economy which started this disaster.
I would point out that Circuit City went monitor up, but is now back under new ownership functioning quite well. The Americans who behaved themselves are quite secure, but it is this vampire group who are with Zuckerman and his boy Obama (yes Zuckerman after Obama was in the Israeli state anointed him just like those 60% Jewish voters did in voting for this fraud.) who are deliberately trying to suck up the last operational funds in America owned by Americans.
This is not over and it is going to be horrid in the vampire ranks as they keep trying to suck blood from your local economy. No one is stating those facts except here and as many know the Newsbuster patricians attempted to silence that message, because it was reaching too many Americans and irritating their patrician overlords who do not want this information out.
The facts and numbers do not lie. There is a way out of this with responsible leadership like Sarah Palin advocated or this blog has laid out. The way to the abyss though is the Obama irresponsible squandering of America's resources and that is what Mort Zuckerman touched upon.
agtG 316
The Merchant of Mortimore
