Eye On Freedom - Keeping a watchful eye on the preservation of our liberty at home and freedom around the world» Obama

Obama is cooking the books with bogus employment data

admin — Tue, 07 Feb 2012 10:58:12 +0000

A year ago, there were 99 million people either officially unemployed or otherwise not working, and the official unemployment rate was 9.1 percent. Now, unemployment reported by the government is down to 8.3 percent, but the number without jobs has topped 100 million. The disconnect between increasing joblessness in America and the rosy White House official statistics should be the subject of a congressional investigation. Something does not add up.

Solyndra Booster Raised Over $500,000 For Obama

admin — Tue, 07 Feb 2012 10:15:47 +0000

The man who helped orchestrate the failed $535 million taxpayer-guaranteed loan to Solyndra remains one of President Obama’s most active campaign bundlers.

According to Obama’s campaign website, Steve Spinner, a former senior fellow at the Center for American Progress (CAP) and member of the Obama-Biden Transition Team, has raised at least $500,000 for the president’s reelection effort. He has also personally contributed more than $30,000 to Democratic candidates and committees since 2005.

During the time that Solyndra was being considered for a DOE loan, Spinner’s wife Allison was a partner at the law firm advising the company on its loan application. He even signed an ethics agreement pledging not to participate in “any discussion” about Solyndra.

However, a series of emails shows that just days before the Solyndra loan was formally announced, Spinner was actively engaged in discussions about the company, even seeking to advise the White House with respect to the political implications of the loan’s announcement (it was the first of its kind awarded by the DOE).

Obama is “concerned” Israel will defend herself

admin — Fri, 03 Feb 2012 03:00:46 +0000

Defense Secretary Leon Panetta believes there is a strong likelihood that Israel will strike Iran in April, May or June — before Iran enters what Israelis described as a “zone of immunity” to commence building a nuclear bomb. Very soon, the Israelis fear, the Iranians will have stored enough enriched uranium in deep underground facilities to make a weapon — and only the United States could then stop them militarily. Israeli Prime Minister Benjamin Netanyahu doesn’t want to leave the fate of Israel dependent on American action, which would be triggered by intelligence that Iran is building a bomb, which it hasn’t done yet.

DOJ Prosecutors Bribed By Indicted Execs!

admin — Thu, 02 Feb 2012 04:09:35 +0000

A U.S. Justice Department source has told The Daily Caller that at least two DOJ prosecutors accepted cash bribes from allegedly corrupt finance executives who were indicted under court seal within the past 13 months, but never arrested or prosecuted.

The sitting governor of the U.S. Virgin Islands, his attorney general and an unspecified number of Virgin Islands legislators also accepted bribes, the source said, adding that U.S. Attorney General Eric Holder is aware prosecutors and elected officials were bribed and otherwise compromised, but has not held anyone accountable.

The bribed officials, an attorney with knowledge of the investigation told TheDC, remain on the taxpayers’ payroll at the Justice Department without any accountability. The DOJ source said Holder does not want to admit public officials accepted bribes while under his leadership.

George Soros: “Not much Difference, between Romney and Obama”

admin — Mon, 30 Jan 2012 16:56:16 +0000

Related posts: Romney at Bain: Not Quite the Employment Success Story that Romney Claims Romney is unable to make the contrast with Obama Syrian opposition misses George W. Bush Not Romney! Romney’s $100 Million IRA Related posts:

Romney is unable to make the contrast with Obama

admin — Fri, 20 Jan 2012 22:58:15 +0000

Related posts: Obama Will Make Rare Pentagon Visit to Announce New Military Strategy and Reductions George Soros: “Not much Difference, between Romney and Obama” George Soros: “If it is between Obama and Romney, there isn’t all that much difference” Romney does NOT! want to repeal ObamaCare! Unaired Romney Attack Ads Related posts:

TransCanada May Shorten Keystone XL Pipeline, Bypass Obama

admin — Fri, 20 Jan 2012 18:17:48 +0000

TransCanada Corp. (TRP) may shorten the initial path for its rejected Keystone XL project, bringing oil from Montana’s Bakken Shale to refiners in the Gulf of Mexico and removing the need for federal approval.

“There certainly is a potential opportunity to connect the Bakken to the Gulf Coast,” Alex Pourbaix, TransCanada’s president of energy and oil pipelines, said in a telephone interview today. “That is obviously something we’ll be looking into over the next few weeks.”

TransCanada’s $7 billion Keystone XL proposal to bring crude from Canada’s oil sands to the Gulf was rejected yesterday by the Obama administration. The project required U.S. approval because it crossed the border with Canada. The company may seek that approval after it builds the segment from Montana to the Gulf, Pourbaix said.

The Bakken shale-rock formation is estimated to hold as much as 4.3 billion barrels of technically recoverable oil in North Dakota and Montana, according to a 2008 U.S. Geological Survey report. Oil production in North Dakota surged 42 percent to 510,000 barrels a day in November, exceeding the output of Ecuador.

Production in the Bakken field may reach 750,000 barrels a day this year, Edward Morse, managing director of commodities research for Citigroup Inc., said at a conference in Calgary today.

Canada to Sell Oil to China, Thanks a LOT Obama!

admin — Fri, 20 Jan 2012 15:33:23 +0000

President Barack Obama’s decision yesterday to reject a permit for TransCanada Corp.’s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports.

Prime Minister Stephen Harper, in a telephone call yesterday, told Obama “Canada will continue to work to diversify its energy exports,” according to details provided by Harper’s office. Canadian Natural Resource Minister Joe Oliver said relying less on the U.S. would help strengthen the country’s “financial security.”

The “decision by the Obama administration underlines the importance of diversifying and expanding our markets, including the growing Asian market,” Oliver told reporters in Ottawa.

Currently, 99 percent of Canada’s crude exports go to the U.S., a figure that Harper wants to reduce in his bid to make Canada a “superpower” in global energy markets.

Canada accounts for more than 90 percent of all proven reserves outside the Organization of Petroleum Exporting Countries, according to data compiled in the BP Statistical Review of World Energy. Most of Canada’s crude is produced from oil-sands deposits in the landlocked province of Alberta, where output is expected to double over the next eight years, according to the Canadian Association of Petroleum Producers.

Obama Threatens Israel Not To Defend Itself Against Iran

admin — Sat, 14 Jan 2012 23:32:17 +0000

President Barack Obama, Defense Secretary Leon Panetta and other top officials have delivered a string of private messages to Israeli leaders warning about the dire consequences of a strike against Iran’s nuclear facilities.

Stepping up the pressure, Mr. Obama spoke by telephone on Thursday with Israeli Prime Minister Benjamin Netanyahu, and U.S. Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, will meet with Israeli military officials in Tel Aviv next week.

The U.S. military is preparing for a number of possible responses to an Israeli strike, including assaults by pro-Iranian Shiite militias in Iraq against the U.S. Embassy in Baghdad, according to U.S. officials.

The U.S. believes its embassy and other diplomatic outposts in Iraq are more vulnerable following the withdrawal of U.S. forces last month. Up to 15,000 U.S. diplomats, federal employees and contractors are expected to remain in Iraq.

Unemployment really 11.4%

admin — Tue, 10 Jan 2012 15:14:30 +0000

According to the Bureau of Labor Statistics, in the last 12 months, a net of 1.5 million more Americans found work. This sounds like good news, but the civilian non-institutional worker population increased by 1.7 million over the same period, and the raw percentage of Americans working has basically flatlined at 58.5 percent. To the extent there are new jobs, it has more to do with the fact that there are more people creating more demand, not with any fundamental expansion in the economy.

An analysis posted last week at the Zero Hedge website looked at what the unemployment picture would be if participation rates were held steady. Using more realistic long-term average participation rates, the study calculated a current unemployment rate of 11.4 percent. While the Obama administration’s numbers keep getting better, rates based on long-term participation do not. Factor in the number of Americans who hold down two or three jobs just to get by, and those who are chronically underemployed make the picture even grimmer.