Saturday, August 25, 2012

What The Telegraph did not tell you!

The following are things we found this week that The Telegraph and staff have ignored. If it does not depict the Obama administration as “parting the waters” they will not use it. 

What they print must be something they can use for “Black History” month come February.  


We find in U.S. Incomes Fell More In Recovery, Sentier Says by Bloomberg’s Jeff Kearns - Aug 23, 2012 that: according to “…an analysis of U.S. Census Bureau data by Sentier Research LLC” some startling facts.

We find
“American incomes declined more in the three-year expansion that started in June 2009 than during the longest recession since the great Depression….”
The article goes on to tell us that all kind of records are being set with unemployment. Such as: 
“The average duration of unemployment increased to a record 41 weeks in November and remains at 39 weeks, Labor Department data show. Almost 5.2 million Americans have been out of work for at least six months.”
What Kearns is telling us here is that income has declined more during Obama’s expansion than during Bush’s recession. He tells us where the information came from and who put it together. This is much different than what you get from the scam artist at The Telegraph and AP.
  
In this case Bloomberg is not the only ones being on the “up and up” with the people. We find in the economix.blogs.nytimes.com/ of all places this information along with some very meaningful grafts and charts. The Big Income Losses for Those Near Retirement is put together by Catherine Rampell.  

Rampell includes a chart showing how the Budget proposed by the President will grow the debt instead of the economy. This is somewhat mystifying as the Obama Administration has not passed a budget since he has been in office. He has played golf and partied while genuflecting to Harry Reid, the Majority Leader of the Senate on the Budget. Reid has ignored the law, somewhat like The Telegraph and staff ignore integrity and morality.



The article notes that:
“As the chart notes, staying on the same path will mean that debt is expected to hit $17.5 trillion in 2013, $18.5 trillion in 2014, $19.4 trillion in 2015, and $20.3 trillion in 2016.
The last full year of Obama's presidency, if he is reelected, will be 2016.
"Federal debt will increase to $25.4 trillion by the end of 2022, an increase of $10.6 trillion (72 percent) under the president’s budget policies," the Senate Budget Committee notes.”
According to the article blacks are hit the hardest, we are told:
“The real median annual household income for blacks fell 11.1 percent from June 2009 to June 2012, landing at $32,498 from $36,567. That compares with 5.2 percent for whites, 3.6 percent for other race combinations (including Asians) and 4.1 percent for Hispanics — all of whom started with higher incomes than blacks.”
We also find out that the Obama Administration has “been cooking the books” with their deportation numbers. You can see that right here: New documents reveal Obama administration ‘cooking the books’ to achieve record deportation numbers

Anyone watching “News Talk Central” know this is one of the things The Telegraph’s Editorial Page Editor consistently brags about.

So do not look for a correction or anything to change.

 Have a nice day. 

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