Harry Reid blocks vote on Obama’s tax hike proposal. A Limerick.

Obama must think it is time to smoke weed.

McConnell said “vote”, but that old geezer Reid

put Obama’s proposal

in the garbage disposal.

We’ll go over the cliff, it’s Obama’s misdeed.

A Limerick on Thanksgiving Day leftovers: A 24 Billion dollar increase in Federal Debt.

A Limerick  on Thanksgiving Day leftovers: A 24 Billion dollar increase in Federal Debt.

The U.S. Treasury increased the net debt of the United States $24,327,048,384.38 on the day after Thanksgiving, which equals $211.69 for each of the nation’s 114,916,000 households. (CNSNEWS)

In August 2011, the debt ceiling — the amount of money the federal government is allowed to borrow — was raised by $2.4 trillion, to $16.394 trillion. According to the National Debt Clock, as of Nov. 23, the total debt was nearing the limit, at $16.3 trillion. You also could think of it as about $51,000 per person in the US.

A decadent town on Potomac,

where cronyism fills up its stomach.

It is borrow and spend,

print more money to lend.

Our government has run amok.

Thanks to Obama the Military Now ‘Less Racist, Less Sexist, Less Homophobic’ Bill Clinton. A Limerick

 

 

Homophobic and racist and sexist.

The Armed Forces on top of the list.

Will Obama now bask

In Bill Clinton’s remark?

He is all the above, with a twist.

Unemployment rate down to 7.8% BLS own adjustments shows otherwise, but they report it anyway,

The good news yesterday was: Unemployment down to 7.8%!!!

In a month when nothing happened that could possibly explain this sudden and totally unexpected improvement, one has to ask: What happened?

I went to the Bureau of Labor Statistics official website: http://www.bls.gov/web/empsit/ces_cps_trends.pdf and picked up the real story.

In it they show that the payroll survey showed an increase of 114000 jobs and the household survey a giant one month increase of 873000 jobs, a number not seen since the Reagan recovery in the eighties.

The household survey yields a volatile number for a variety of reasons: It only samples 60000 households, and what constitutes employment is not well defined.

Aware of this, the BLS is developing an adjusted household survey employment number with the following definition: This is a research series created from household survey employment to be more similar in concept and definition to payroll survey employment. Household survey employment is adjusted by subtracting agriculture and related employment, nonagricultural self employed, unpaid family workers, private household workers, and workers absent without pay from their jobs, and then adding nonagricultural wage and salary multiple jobholders. The effects of population control revisions also have been smoothed out in the historical data in this series.

This adjusted number showed an increase of 294000 jobs, very good, but a far cry from the 873000 jobs the unadjusted survey indicated

The discrepancy is 579000 jobs, enough to state that the most probable official unemployment number should have remained at 8.1%.

 

Sarah Palin on Death Panel and the stimulus bill. A Limerick.

Obama’s health care speech Jun 20 10:

First, I will not sign a plan that adds one dime to our deficits — either now or in the future. (Applause.) I will not sign it if it adds one dime to the deficit, now or in the future, period. And to prove that I’m serious, there will be a provision in this plan that requires us to come forward with more spending cuts if the savings we promised don’t materialize.

 H.R. 1 (more commonly known as the Recovery and Reinvestment Act, even more commonly known as the Stimulus Bill) allocated $1.1 billion (a pretty good slush fund, we must be a rich country) to fund the Federal Coordinating Council for Comparative Effectiveness Research.

As Sarah was commenting on Fox News channel

On health care bill mentioned the two words:  “Death Panel”.

But boy, was she wrong,

I’ll confirm with a song:

The stimulus bill authorized the death panel.

And because of that the term Death Panel was named lie of the year, not because it was untrue, but it was not part of the health care bill, but did already exist as part of the stimulus bill.

o.k. I know the first time death panel appeared was on Sarah’s Facebook. But this rhymes.

After Mourdock and Fischer wins, Sarah Palin is Cruz-ing to Texas. A Limerick.

Sarah Palin spoke down in Texas

of socialists fixin’ to vex us

We are starting to feel

that their threats are for real;

Internationalists try to annex us!

 

With Mourdock and Fischer in the bag, Sarah is up to Cruz-ing speed and on to Texas.

Go, Sarah, Go!!