Archive for May, 2014

The definition of CRONY CAPITALISM/NEPOTISM…

May 14, 2014

Does anyone else find this absolutely DISGUSTING???

Here is the definition of Crony Capitalism from Wikipedia:

Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials.

It is also used world wide to describe virtually any governmental decisions favoring “cronies” of governmental officials.

Here is the definition of Nepotism from Dictionary.com:

nep·o·tism

[nepuh-tiz-uhm] 
noun

patronage bestowed or favoritism shown on the basis of family relationship, as in business and politics: She was accused of nepotism when she made her nephew an officer of the firm.”

In case you have missed the story here is a start by the Washington Examiner:”

Jay Carney: Joe Biden’s son accepted position with Ukrainian gas company as ‘private citizen'”

“Hunter Biden and other members of the family are obviously private citizens and where they work is not an endorsement by the president or vice president,” he said.”

OK Jay, whatever you say. 

My opinion: There is NO WAY that Hunter, who has NO experience in oil and gas, gets a board seat if he is not related to the Vice President!!! 

And here are the pictures that need to be posted on both of these definitions

 

crony capitalist

crony capitalist

 

crony capitalist

crony capitalist

Vice-President Joe Biden

Vice President’s Son Hunter Biden

Hey Jay, I hear that Saddam might be looking for someone to replace Baghdad Bob……you might be overqualified though…

P.S. – What would Dimmocrats say if the offspring of a Republican Vice President got “appointed” to an oil company board during a “war”???  The silence is deafening!!!

 

 

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Weekly Jobless Claims…???

May 1, 2014

Sometimes the news propaganda is so blatant that I HAVE TO CALL IT OUT!!!!

This could be funny….IF YOU LIKE SICK AND TWISTED JOKES!!!!

Here is the headline of the day, and this is from Fox News (You know the only “conservative” news source “in the entire world”, the “fair and balanced” network):

Weekly Jobless Claims Rise to 344,000

and here is the quote that is a complete and total mischaracterization of the FACTS, and it is THE FIRST SENTENCE OF THE ARTICLE:

The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to improving labor market conditions.” (emphasis added)

Huh???  WTF are they talking about?????

Here is another quote from later in the article:

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, rose only 3,000 to 320,000.” 

Let’s just forget about the gratuitous “only” that is not highlighted.  The 4 week average ROSE 3,000, that means INCREASED.  Got it??  Let’s go back and look at “the underlying trend” that THEY MENTION IN THE FIRST SENTENCE.

Here is last weeks quote:

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, rose only 4,750 to 316,750.

And the week before quote:

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, fell 4,750 to 312,000.

Notice that the week after they say that the number rose “ONLY” 4,750, but this week we were not supplied with a fell “ONLY” 4,750.  I wonder why that could be???  I mean it is the SAME AMOUNT.

AND the week before quote:

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, fell to 316,250 in the week ended April 5, down 4,750 from the previous week.

AND the week before quote:

The four-week moving average for new claims, considered a better measure of underlying labor market conditions as it irons out week-to-week volatility, nudged up 250 to 319,500.

So, over the last month, the 4 week average has had a fall ROSE 500 from 319,500 to 320,000. Yeeeeaaaaaahhhhh!!!!  Now I see “the trend”.  Or we can go back farther, say to the beginning of the One’s ascendancy to the throne, and the trend would be “astronomically” better.  Or we could go back to the beginning of the last President’s reign, and the “trend” would be HORRIBLE, and if we go back further it only looks worse. 

Oh, and just to throw more cold water on the subject i have 2 more things; 1. the 500 number does not include the adjustment that have been made to the weekly numbers, that HAVE ALL BEEN INCREASES and 2. the 500 number IS A ROUNDING ERROR, meaning that the number is more or less UNCHANGED, BUT I would be willing to wager that it HAS NOT FALLEN, as this administration is DOING EVERYTHING IT CAN TO MANIPULATE THE NUMBERS TO LOOK THE ABSOLUTE BEST THAT THEY CAN. 

If this comes from the news organization that is “trying to tell the truth” how do you think all the obviously biased news sources are spinning it???

We just want THE TRUTH!!!