The Telegraph and the past.

The Telegraph has always done everything they can to paint a rosy picture of Obama and the economy. However Obama’s recovery has been an absolute disaster. In fact it is the worst recovery in the history of this Great Nation. But the media did the same for Obama as they did for Roosevelt they coned the Public and life goes on.

Here is a look from the past on just how The Telegraph handled the subject!

We have to believe that when the Founding Fathers adopted the first amendment they never dreamed that most of the flim-flam artist of this great nation would converge on the industry it formed for the purpose of coning the public.  

The [Macon] Telegraph and the AP (Associated Press) are at it again, it is all sort of confusing. I am still not sure what they are trying to tell the reader in their “Republicans signal new flexibility.” (July 7, 2011) Taylor does not say for sure who the “top House Republican” is. He leaves one to assume that it is Eric Cantor R-Va.

Taylor managed to work the “gun” bit and the “jet owners” in at least twice.  He then managed to pull off the use of the “oil and gas companies” three different times. He then closed out the article with an opinion.

The [Macon] Telegraph and AP both  seem to be thrilled with the quotes “as guns against the heads” and “corporate jet owners…” I guess it is the implied violence. After all Obama’s threat to use a gun goes back to 2008.

Maybe, we are slow but we just do not get the point!

Obama: ‘If They Bring a Knife to the Fight, We bring a Gun’ When Obama makes such remarks it is ignored by most of the main Stream Media, however a Google search turns up scores of locations which took notice.

On July 2, 2011 in a rare and candid article by Paul Wiseman of AP titled “Economic recovery turns 2: Do you feel better yet?” The Telegraph tells us in this article that Obama has worked wonders for “Wall Street”. Wiseman tells us that:

·        “Worker’ wages and benefits” made up only 57.5 percent of the economy which is at “an all time low.”

·        Until “the mid-2000s” it had been “about 64 percent through boom and bust alike.”

·        A typical CEO “earned $9 million last year, up a fourth from 2009.”

·        The “Dow Jones Industrial average “has had “a breathtaking 90 percent rally” since Mar. 9, 2009.

·        The “great Recession is long gone from Wall Street” but “lingers on Main Street.”

On Main Street we find that Obama has done a lot less. We are informed that:

·        “Unemployment has never been so high – 9.1 percent…” (It is now 9.2 percent)

·        After last three recessions, unemployment dropped to an average of just 6.8 percent.

·        Hourly wages after inflation, between May of this year and May of last year have decreased 1.6 percent.

·        Any raises were used on higher gas and food prices.

·        Jobs being created now are paying less than the ones, which have been lost.

·        There are about 45 million people on food stamps which are an all time record.

Now the most amazing thing occurs, The Telegraph only six days later in an article by Christopher S. Rugaber of AP titled tell us that: “Job outlook rises as reports suggest more hiring in June”

We are told that:

·        June may “have been a good month to find a job after all.”

·        “Twice as many” hired as economist expected.

·        Some unknown trade association says,  “small businesses say they plan to increase hiring in the next three month…”

·        This happens the day before government issued June employment report.

·        The three reports suggest economy may be starting to strengthen.

  

·        Economists raise their forecasts for hiring in June by 120,000 to 200,000 new jobs for June.

·        There was an ADP, (a payroll processor) report out which gave credit for an additional 157,000 jobs last month. (May)

·        Dow Jones gained 118 points.

·        HIS Global Insight raised June job projections by 40,000. High Frequency Economics raised their projection by 75,000 jobs.

·        “Retailers posted strong sales in June…”

·        People applying for unemployment benefits dropped to 418,000 last week.

·        15 percent of “Small companies” have job openings. Gas prices down.

·        Manufacturing activity expanded in June

·        January-March quarter growth was only 1.9 percent. April-June quarter expected about the same.

·        However according to the Associated Press the last six months is expected to grow at 3.2 percent.

·        According to them it would take a 3 percent per year growth to hold unemployment steady and keep up with population growth.

To reinforce this The Telegraph in another AP article by Ann D’innocenzio assures that “Retail sales up in June.”

The column by old Chris on the 8^th must have been a joke. Because he informs us the very next day that “Weak hiring casts doubts on strength of rebound” (June 9). Now he is telling us now:

·        “Hiring slowed to a near-standstill last month…” and “The report baffled economist…” The Dow Jones sank more than 100 points.

·        Just 18,000 jobs were created last month (June), the unemployment rate went up to 9.2 percent and “sputtering job market” threatens Obama’s re-election bid.

·        Report suggests that job creation curtailment “may be more than brief.”

·        Two years after recession ends, companies adding fewer workers. “As a result more people are giving up looking for work.”

This is the “community service” you get for your money courtesy of The [Macon] Telegraph and AP.

Have a nice day.