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Americans Worried About The Economy, Not Climate Change Kurt Nimmo March 12, 2014 Americans also concerned about gargantuan government and the authoritarian power it wields If you listen to Obama, the Democrats and their propagandists in the corporate media, climate change, immigration, and terrorism are top concerns for Americans. A recent Gallup poll, however, paints a different picture. Climate change comes in second to last as a national problem, according to a survey conducted between March 6-9. Race relations lands at the dead bottom of the list. Immigration is near the bottom, followed by environmental concerns.

Not surprisingly, most Americans are primarily worried about a dismal economy which, according to the establishment media, is on the rebound. Nearly 60 percent of Americans rate the economy as the problem they are most concerned about. 58% say they worry a “great deal� about out of control federal spending and the budget deficit which, according to Obama and the Democrats last year, was a phantom issue cooked up by a crazed tea party faction in Congress to derail government healthcare at gunpoint. Nearly as many people are worried about healthcare, according to the poll. If, indeed, Obamacare was the cure for the nation’s broken healthcare system this would not rate as a serious problem. Obviously,

millions of Americans understand Obamacare is not a solution but in fact exacerbates the problem. Americans are also concerned about a gargantuan government and the authoritarian power it increasingly wields. Social Security, hunger, homelessness, crime and violence also overshadow immigration, the drug war, climate change and race relations in the poll. Despite the poll results, the corporate media, led by MSNBC or CNN, continue to blather on about race and climate change. This is done not because these government propaganda organs are clueless, but rather as a diversionary tactic to steer Americans away from the real problems they face. Out in the hinterland beyond Disneyland on the Potomac, however, Americans are concerned about the real problems facing the nation, although many are only dimly aware of the cause – economic sabotage by the global financial elite as they take down the engine of prosperity and the unprecedented growth of government which has fashioned an authoritarian surveillance and control grid to defeat any and all resistance.

Economy Drags On Obama’s Approval Ratings But Don’t Look For Changes In Washington Peter Morici March 12, 2014 The latest polls indicate a weak economy continues to drag down President Obama’s job approval rating, but those hardly guarantee any big changes in Washington. Americans may want more jobs and better wages but they also support many of the president’s specific policies. Obama’s recovery is hardly better, or worse, than President Bush’s. Both only registered 2.3 percent GDP growth, whereas the economy expanded more than 4 percent annually for Ronald Reagan and Bill Clinton. Granted Bush’s gains were wiped out by the financial crisis, but that calamity was sewn during Clinton’s last years by Treasury Secretary Larry Summers’ repeal of Glass-Steagall banking regulations, which untethered gambling on Wall Street. The continuing mess in Manhattan is a joint venture of the Republican and Democratic Parties, as neither seems able to break loose from its campaign contributions. Dodd-Frank reforms have only made borrowing more difficult for small businesses and home buyers. Big bonuses keep flowing, as the banks shift focus from derivatives to hawking soon to fail state and municipal debt, and other schemes. It might be saner to give them a dog track. Too many young adults are saddled with huge college debt and living with their parents, and one out of six men between ages 25 and 54 are jobless with few prospects of ever finding full-time employment again.

The causes are easy to identify: excessive health care subsidies and income support that Democrats now praise for encouraging poorer folks not to work and increase federal, state, and local taxes. And entitlements divert funds from investments in road, bridges, and basic R&D. The 2014 Economic Report of the President promises more of the same. It assumes a brief burst of growth above 3 percent--mostly created by young folks now borrowing to obtain graduate degrees in high demand fields like law and museum studies miraculously finding jobs, paying off student debt, buying houses, and having babies. Then, it predicts growth returns to the lethargic 2.3 percent for the foreseeable future. Over the next several years, pent up demand for houses and cars will give growth a temporary boost, but unacceptably high unemployment will continue because high taxes and overregulation drive away investment, and in a globalized economy American-based business cannot compete when the president will not level the playing field vis-à-vis foreign competitors or let the American economy play its strength--abundant energy. Germany, Japan, and China are America’s principal competitors, and each undervalues its currency to artificially make its products cheap against American products on U.S. store shelves and in global markets. Onshore drilling in North Dakota and Texas notwithstanding, the United States still imports as much oil as it produces, when drilling off the Atlantic, Pacific, and eastern Gulf Coasts could eliminate dependence on foreign oil. Fixing those issues would increase GDP by $750 billion and create seven million jobs over three years--after that economic growth would stay well above 3 percent indefinitely. Still American voters do not seem to support rolling back most entitlements to ease tax burdens, repealing Dodd-Frank, and breaking up the big U.S. banks, scaling back other business regulations, or drilling off shore. If they did, Mitt Romney, who ran on those policies, would be president. Hillary Clinton, as president, would not reverse those policies. She talks endlessly about programs for girls, when boys and young men are doing much worse in schools, colleges, and the job market--and not much else. Women voters don’t want to hear about those facts, and are more focused on the glass ceiling in the Oval Office than backing any Republican who could create a decent jobs market for their twentysomething children and middle aged husbands. My recommendation to young men--emigrate.

Gold Surges To 6-Month Highs Zero Hedge March 12, 2014 Angst in Asia overnight sparked another round of demand for the precious metal pushing gold up over $10 as copper crumbles and Chinese corporate bond markets drop. At $1,363.97, gold is at its highest since September and breaking above its 1-year moving-a verage. Intraday gold surged in Asian trading and is now well above the pre-Putin levels…

Gold breaks above its 1-year average‌

Peter Schiff: Full Interview on Economy, Gold, Stocks (+Video Below)


Americans Worried About The Economy, Not Climate Change