From The Washington Examiner:
A123 Systems, an electric car battery company once touted as a stimulus "success story" by former Gov. Jennifer Granhom, D-Mich., has laid off 125 employees since receiving $390 million in government subsidies -- but is still handing out big pay raises to company executives.
"[T]he company has laid off 125 employees and had a net loss of $172 million through the first three quarters of 2011," the Mackinac Center for Public Policy reports, observing that the company's primary customer, Fisker Automotive, is also struggling financially. "Yet, this month A123’s Compensation Committee approved a $30,000 raise for [Chief Financial Officer David] Prystash just days after Fisker Automotive announced the U.S. Energy Department had cut off what was left of its $528.7 million loan it had previously received."
This month has seen significant pay boosts for other A123 executives, as well:
Robert Johnson, vice president of the energy solutions group, got a 20.7 percent pay increase going from $331,250 to $400,000, while Jason Forcier, vice president of the automotive solutions group, saw his pay increase from $331,250 to $350,000. Prystash’s raise was 8.5 percent, going from $350,000 to $380,000.
"It looks like they are trying to pad their top people’s wallets in case something really bad happens," Paul Chesser, associate fellow for the National Legal & Policy Center, suggested.
The Department of Energy gave the battery company $249.1 million in grant money, while the Michigan government provided A123 with another $141 million in tax credits and subsidies, according to the Mackinac Center.
.....taxpayers: suckers!!!.....
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Saturday, February 25, 2012
Wednesday, February 15, 2012
Gas prices up 83% under Obama
http://cnsnews.com/news/article/obama-cites-rising-gas-prices-83-percent-under-his-tenure-among-reasons-extend-payroll
....put it in your pipe and smoke it....
....put it in your pipe and smoke it....
Sunday, February 5, 2012
Obama’s bogus jobs data
From The Washington Times:
Congress should investigate cooked employment books....
The White House hyped the news Friday that January payrolls had risen by 243,000. The hitch is the Bureau of Labor Statistics (BLS) also dropped 1.2 million from the calculated workforce. Somehow this net loss of a million workers in a single month was transformed into an improvement in the unemployment rate. As the old saying goes, figures don’t lie, but liars can figure.
“Job growth was widespread,” the BLS reported, but most Americans sense that something isn’t quite right with the numbers. The most important change was the deep decline in the workforce. While the overall population jumped an 1.6 million in January, the workforce declined a record-setting 1.2 million. This figure represents those who out of sheer frustration or for other reasons have dropped out of what the government defines as the active labor pool. They are worse than simply unemployed; they are both jobless and hopeless.
article continues here: Editorial
Please support The Washington Times here
Congress should investigate cooked employment books....
The White House hyped the news Friday that January payrolls had risen by 243,000. The hitch is the Bureau of Labor Statistics (BLS) also dropped 1.2 million from the calculated workforce. Somehow this net loss of a million workers in a single month was transformed into an improvement in the unemployment rate. As the old saying goes, figures don’t lie, but liars can figure.
“Job growth was widespread,” the BLS reported, but most Americans sense that something isn’t quite right with the numbers. The most important change was the deep decline in the workforce. While the overall population jumped an 1.6 million in January, the workforce declined a record-setting 1.2 million. This figure represents those who out of sheer frustration or for other reasons have dropped out of what the government defines as the active labor pool. They are worse than simply unemployed; they are both jobless and hopeless.
article continues here: Editorial
Please support The Washington Times here
Thursday, February 2, 2012
Friday, January 27, 2012
Thursday, January 19, 2012
Monday, January 16, 2012
SAVAGE RIPS ‘COWARDLY’ CONDEMNATION OF MARINES IN VIDEO 'The Taliban are barbarians, they cut people's heads off'
by JAY BAGGETT, Archive
Jay Baggett came to WND in 2004, having previously worked as an executive at the Sacramento Union and as an agricultural remote-sensing researcher with the University of California. Also, he spent twelve years working in California electoral politics. Baggett holds a bachelor of arts degree in geography and environmental studies and a master of arts in geography. He is active in his church and a hands-on grandfather. When time permits,
The Defense Department and top Marine Corps brass responding to a video that apparently shows four U.S. Marines urinating on bloodied bodies in Afghanistan should be standing up for brave American warriors instead of kowtowing to radical Islamic lobby groups and Afghan leaders, says talk-radio host Michael Savage.
“What have the Taliban done to our troops? What have the Taliban done to the Afghanis? What are they responsible for in terms of human degradation?” Savage asked his “Savage Nation” listeners last night. “Why is our government punishing our Marines instead of saluting them?”
As military officials investigate the 39-second video, which surfaced amid attempts by Washington to engage in peace talks with the Taliban, U.S. officials already are condemning the Marines.
You’ve always known that “Liberalism is a Mental Disorder”: Get Savage Solutions
Defense Secretary Leon Panetta, who was said to be “deeply troubled” by the “utterly deplorable” video, telephoned Afghan President Hamid Karzai and vowed in a statement that those “found to have engaged in such conduct will be held accountable to the fullest extent.”
Nihad Awad, executive director of the Council on American-Islamic Relations – a D.C.-based group tied to a scheme to fund Hamas – faxed a letter to Panetta condemning “this apparent desecration of the dead as a violation of our nation’s military regulations and of international laws of war prohibiting such disgusting and immoral actions.”
Savage noted that CAIR “is the same hate group that overturned a law passed by the majority of people in Oklahoma” to ban consideration of international or Islamic law in the state’s courts.
“Apparently they were distressed that the Marines were not dead and that the Taliban was dead, and they got back at the Marines in any way they could,” Savage said of CAIR’s reaction.
Savage also took aim at the response of “cowardly” Marine Corps Commandant Gen. John Amos, who said in a statement the behavior shown in the video is “wholly inconsistent with the high standards of conduct and warrior ethos that we have demonstrated throughout our history” and that the Marine Corps remains “fully committed to upholding the Geneva Convention, the laws of war and our own core values.”
“I think one of your core values, General Amos, would be to be a general who supports your boys who you’ve put in harm’s way while you sit on your fat behind there in North Carolina,” Savage said.
Savage insisted there’s a better way to respond.
“And that is to say,” he suggested, “‘We don’t know what happened, however, we are U.S. Marines first, and we support our boys. Whatever happened in the heat of battle will be looked into. Now go away, and cover Newt Gingrich’s waistline. Leave us alone. Leave it to the military.’”
Savage noted there is little media coverage when Marines are mutilated.
“The Taliban are barbarians; they cut people’s heads off; they kill women and children. But, of course, there is no mention of any of that,” he said.
None other than a Taliban spokesman himself use the term “barbaric,” but it was to describe the scene of Marines urinating on bodies.
“No religion that follows a holy text would accept such conduct,” Qari Yousuf Ahmadi said via text message, according to CNN. “This inhuman act reveals their real face to the world.”
Karzai called on the U.S. government to investigate and issue the harshest punishment possible, calling the “act” by American soldiers “simply inhuman and condemnable in the strongest possible terms.”
Savage wondered, “If we strip away all of the brave ones, who will be left?”
“What kind of men would have the guts to enlist in the Marine Corps to begin with – to choose to go into combat against these 15th-century throwbacks and to face them eye to eye, man to man, blade to blade, gun to gun, bullet for bullet?” he asked.
“And we’re supposed to expect nice guys like Wolf Blitzer to enlist in the military?” Savage asked, referring to the CNN host.
The Naval Criminal Investigative Service is the lead investigative agency, CNN reported, citing a U.S. official who said the desecration of a body by U.S. troops could be considered a potential war crime.
Savage summed up for his listeners the fate of the four Marines.
“Should they be given a medal or a court martial in this cowardly new world we live in where the generals throw their boys overboard … to the wolves of the media?”
pLEASE SUPPORT wdn BY SUBSCRIBING HERE:http://www.wnd.com/wp-signup.php?redirect_to=http%3A%2F%2Fwww.wnd.com/
Jay Baggett came to WND in 2004, having previously worked as an executive at the Sacramento Union and as an agricultural remote-sensing researcher with the University of California. Also, he spent twelve years working in California electoral politics. Baggett holds a bachelor of arts degree in geography and environmental studies and a master of arts in geography. He is active in his church and a hands-on grandfather. When time permits,
The Defense Department and top Marine Corps brass responding to a video that apparently shows four U.S. Marines urinating on bloodied bodies in Afghanistan should be standing up for brave American warriors instead of kowtowing to radical Islamic lobby groups and Afghan leaders, says talk-radio host Michael Savage.
“What have the Taliban done to our troops? What have the Taliban done to the Afghanis? What are they responsible for in terms of human degradation?” Savage asked his “Savage Nation” listeners last night. “Why is our government punishing our Marines instead of saluting them?”
As military officials investigate the 39-second video, which surfaced amid attempts by Washington to engage in peace talks with the Taliban, U.S. officials already are condemning the Marines.
You’ve always known that “Liberalism is a Mental Disorder”: Get Savage Solutions
Defense Secretary Leon Panetta, who was said to be “deeply troubled” by the “utterly deplorable” video, telephoned Afghan President Hamid Karzai and vowed in a statement that those “found to have engaged in such conduct will be held accountable to the fullest extent.”
Nihad Awad, executive director of the Council on American-Islamic Relations – a D.C.-based group tied to a scheme to fund Hamas – faxed a letter to Panetta condemning “this apparent desecration of the dead as a violation of our nation’s military regulations and of international laws of war prohibiting such disgusting and immoral actions.”
Savage noted that CAIR “is the same hate group that overturned a law passed by the majority of people in Oklahoma” to ban consideration of international or Islamic law in the state’s courts.
“Apparently they were distressed that the Marines were not dead and that the Taliban was dead, and they got back at the Marines in any way they could,” Savage said of CAIR’s reaction.
Savage also took aim at the response of “cowardly” Marine Corps Commandant Gen. John Amos, who said in a statement the behavior shown in the video is “wholly inconsistent with the high standards of conduct and warrior ethos that we have demonstrated throughout our history” and that the Marine Corps remains “fully committed to upholding the Geneva Convention, the laws of war and our own core values.”
“I think one of your core values, General Amos, would be to be a general who supports your boys who you’ve put in harm’s way while you sit on your fat behind there in North Carolina,” Savage said.
Savage insisted there’s a better way to respond.
“And that is to say,” he suggested, “‘We don’t know what happened, however, we are U.S. Marines first, and we support our boys. Whatever happened in the heat of battle will be looked into. Now go away, and cover Newt Gingrich’s waistline. Leave us alone. Leave it to the military.’”
Savage noted there is little media coverage when Marines are mutilated.
“The Taliban are barbarians; they cut people’s heads off; they kill women and children. But, of course, there is no mention of any of that,” he said.
None other than a Taliban spokesman himself use the term “barbaric,” but it was to describe the scene of Marines urinating on bodies.
“No religion that follows a holy text would accept such conduct,” Qari Yousuf Ahmadi said via text message, according to CNN. “This inhuman act reveals their real face to the world.”
Karzai called on the U.S. government to investigate and issue the harshest punishment possible, calling the “act” by American soldiers “simply inhuman and condemnable in the strongest possible terms.”
Savage wondered, “If we strip away all of the brave ones, who will be left?”
“What kind of men would have the guts to enlist in the Marine Corps to begin with – to choose to go into combat against these 15th-century throwbacks and to face them eye to eye, man to man, blade to blade, gun to gun, bullet for bullet?” he asked.
“And we’re supposed to expect nice guys like Wolf Blitzer to enlist in the military?” Savage asked, referring to the CNN host.
The Naval Criminal Investigative Service is the lead investigative agency, CNN reported, citing a U.S. official who said the desecration of a body by U.S. troops could be considered a potential war crime.
Savage summed up for his listeners the fate of the four Marines.
“Should they be given a medal or a court martial in this cowardly new world we live in where the generals throw their boys overboard … to the wolves of the media?”
pLEASE SUPPORT wdn BY SUBSCRIBING HERE:http://www.wnd.com/wp-signup.php?redirect_to=http%3A%2F%2Fwww.wnd.com/
Sunday, January 15, 2012
Nearly 1 Million Workers Vanished Under Obama
From IBD:
Written by JOHN MERLINE
Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.
In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000. Story continues here: investors.com
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Written by JOHN MERLINE
Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers.
In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren't working, and they aren't looking — according to data from Labor's Bureau of Labor Statistics. In the past two months, the labor force shrank by 170,000. Story continues here: investors.com
Please support IBD by subscribing here
Thursday, January 12, 2012
Monday, January 9, 2012
Sunday, January 8, 2012
Saturday, January 7, 2012
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