Daily Archives: September 28, 2012

Obama’s Suicide Economy

By Wayne Allyn Root

Imagine a U.S. President presiding over a country in major economic decline: sales tax revenues plunging; unemployment growing worse by the month; petroleum sales (the foundation of our economy) sinking like a rock; GDP anemic; the real estate crash worse than the 1929 Great Depression; 40% of the net assets of the average American gone; prices for food and gas skyrocketing; and suicides going up so fast, they now outnumber deaths from car accident.

Imagine THAT. It’s unthinkable!

Now, imagine in the face of all that, the mainstream media claiming things are getting better, refusing to challenge the President when he repeats over and over again the lie that “we are in recovery,” and viciously attacking the Presidential challenger for daring to criticize the incumbent President? You’d be insane to picture that set of circumstances, right?

Sadly, it’s happening right now. We’ve gone from the world’s greatest economic superpower, to an Obama economy where Democrat leaders like Nancy Pelosi claim food stamps and unemployment benefits are economic activity. And, in our final death throes under Obama, we’ve become “The Suicide Economy.” That’s right, Americans are so happy and financially secure under Obama, they are committing suicide in record numbers. More people are now purposely killing themselves, than die in car accidents, for the first time ever.

How bad is the economy? Here are the stats the mainstream media is covering up:

A month ago, California reported sales tax revenues plunged a shocking $539 million below expectations. That’s over a half billion dollars in one state, in one month. Does that sound like a recovery to you?

http://www.bizjournals.com/sanfrancisco/news/2011/08/09/controller-california-revenue-down.html

The jobless rate rose in 44 states in July, including 9 out of 10 battleground states. In August, Nevada’s unemployment went back up past 12% again. Does that sound like a recovery to you?

http://online.wsj.com/article/SB10000872396390443324404577595341676097440.html?mod=googlenews_wsj

The American Petroleum Institute reports that U.S. consumer demand for oil and other forms of petroleum in July was the lowest since 1995. Does that sound like a recovery?

http://www.api.org/news-and-media/news/newsitems/2012/aug-2012/petroleum-demand-slips-further-in-july.aspx

The Labor Force Participation rate for all workers is the lowest since 1981…but for men it’s the lowest in over half a century (since 1948). Obama’s campaign slogan is “Forward.” When it comes to jobs we are heading 55 years backward. Does that sound like a recovery?

http://www.theatlantic.com/business/archive/2012/09/the-great-jobs-mystery-why-are-so-many-men-dropping-out-of-the-workforce/262100

”Help Wanted” ads have collapsed in back-to-back months to the lowest levels since the Lehman Brothers financial disaster. Does that sound like a recovery?

http://www.zerohedge.com/news/bad-news-nfp-bulls-help-wanted-ads-plunge-most-lehman-collapse

Just today we heard the terrible news that durable goods orders dropped a horrific 13.2% last month. That is a measure of factory activity. This was the worst drop since the throes of the deep 2009 recession. More signs of business off the rails under Obama:

http://www.reuters.com/article/2012/09/27/us-usa-economy-durables-idUSBRE88Q0S720120927

The final sobering stat is that 37,000 Americans are now committing suicide annually under Obama, more than die in car accidents- for the first time ever. Does that sound like a recovery?

http://medicalxpress.com/news/2012-09-suicide-americans-car.html

There are two conclusions to be drawn from all these sobering economic statistics, but especially the rise in suicides.

First, there is no recovery. We are in far deeper economic trouble than the media admits. I’m an entrepreneur, small business owner, and Capitalist Evangelist who happens to have a media megaphone. I can tell you- from firsthand experience- what is happening at ground zero of the economy. Business is what I do, what I live, every minute of every day. And I can report that it’s ugly (and getting uglier) on Main Street.

There are no jobs. There is no improvement in business. I predict that soon after the holidays (and the election), if the massive tax increases are allowed to take effect, the U.S. economy will suffer a dramatic collapse. The stats reported above are warning signs of a coming economic Armageddon. Is anyone listening?

But as bad as things are here, Europe is the real “canary in the coal mine.” Looking at the EU is like looking into a mirror to see America’s future under Obama. Just today we see in the headlines stories about what is unfolding in Europe- unrest in the streets, rioting, violence, one third of the business in Athens out of business, middle class people starving and scavenging through dumpsters in Hungary and Greece.

All of this pain and tragedy is caused by big government and big debt. By governments spending far more than they take in. Eventually it catches up with you. Eventually the investors of the world stop loaning you money. And then the crisis hits. All at once, your country goes from a normal existence, to a Great Depression, to a daily struggle for survival.

Obama is leading us in the exact same direction as Europe. The sales tax drop in California, the drop in petroleum product sales, the drop in “Help Wanted” ads, the rise in suicides…these are all signs of where we are headed. All the tragic economic statistics above prove that even Obama and the Fed cannot print enough fake money to paper over the truth.

The second conclusion you can draw from the stats above is that the mainstream media is trying to protect Obama. They know that these statistics would doom Obama’s re-election. So they have imposed a total media blackout. You’ll never hear the truth about the state of our economy from the mainstream media.

Just consider if suicides were dramatically up under a Republican President like Reagan or Romney, at the same time the economy was in free fall, what would the media say? They would not only make the connection, they’d be trumpeting this tragedy in bold headlines 24 hours a day. They would blame the suicides on the poor economy. They’d blame it on capitalism. They’d blame it all the spending cuts and lack of compassion of a Republican President.

So far Obama gets a pass because of the biased leftist media. But history won’t be so kind. There is only one way to describe what we are all living through.

Someday history books will call this “Obama’s Suicide Economy.”

Wayne Allyn Root is a Capitalist Evangelist, entrepreneur, and Tea Party Libertarian Republican. He is a former Libertarian vice presidential nominee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com

Obama’s White Voter Gap

By Wayne Allyn Root

Did you see the latest Politico poll? Mitt Romney has a 14 point lead among middle class voters. http://www.politico.com/news/stories/0912/81584.html

This poll points to a problem rarely ever mentioned in the media. Barack Obama and the Democrat Party have a big problem, as wide as the Grand Canyon. The biased leftist media (who is openly rooting for Obama) constantly trumpets Mitt Romney’s problems with black, Latino, and female voters- ad nauseam. But what about Obama’s lack of support among white voters? It is historically large and it is fueling Romney’s big lead among the middle class. See the latest Rasmussen poll that shows Romney with a 20 point lead among white voters: http://newyorklibertyreport.com/?p=14423

Or what about Obama’s problems in the latest Politico poll with males (Romney is up 6), white women (Romney is up 9), married voters (Romney is up 14) and older Americans (Romney is up 7). Other polls show big problems for Obama with veterans, religious, middle class, and independent voters. Obama’s gaps with those groups are all as bad as any voter gap that Romney suffers. But the media never happens to mention them. Strange.

It seems like a hundred times a day we hear, or see, or read media reports about “Romney’s problem” with black voters, Latino voters, and female voters- particularly single women. The media loves the term “Romney’s female voter gap.”

The media also loves to trumpet polls showing Obama has the lead. Funny how they don’t mention that Rasmussen and Gallop, the two polls regarded as the most accurate by many experts, both show a dead even race. Ronald Reagan was way down to Jimmy Carter at this same time in 1980, yet Reagan won by a historic landslide. Some might conclude that Obama is in big trouble.

The media also never mentions that all the other polls are skewed heavily towards Democratic voters (based on the 2008 turnout). Because of the “enthusiasm factor” among conservatives, I believe that the turnout in 2012 will look much more like the GOP Congressional landslide of 2010 (led by the Tea Party turnout), than the Obama Presidential victory in 2008.

So in light of all this, where are the articles and commentaries about “Obama’s big problems?” Doesn’t anyone in the media notice the only white male voters in the country that the Democrat Party can attract nowadays are union members (and no longer all of them) and media employees (they get 100% of those). If the purpose of the media is to report “fair and balanced’” why are they ignoring such a big story? You might call it “the elephant in the room.”

So, why does the media talk nonstop about Romney’s female and minority gaps, but not even mention Obama’s large white, independent, middle class, married, and male gaps? Why does the media seem to report only on the polls that show the worst results for Romney?

While many of these badly Democrat-skewed polls show Obama leading in battleground states, they forget to mention that Romney is either ahead or dead even in several states that Obama won in 2008- North Carolina, Indiana, Iowa and Wisconsin. In deep blue Connecticut, the GOP is now leading for U.S. Senate. That can’t bode well for Obama. Yet the mainstream media paints a picture of the Romney campaign in panic. This is fraud being perpetrated by the media on the American public.

So let me ask a few simple questions. If Romney, the challenger, is even with a sitting President, shouldn’t the media be probing what’s going wrong for Obama? Shouldn’t they be reporting that the Obama campaign is panicking? It seems that Obama’s the one who now needs hope and change.

Shouldn’t a fair and balanced media be asking, “Why has the Democratic Party become such a pariah with white voters?” Obama got a very large percentage of white voters in 2008, so it’s obviously not racism.

Or “If Obama won a majority of independents and the middle class in 2008, why has there been such a big turnaround in 2012? Could it be Obama’s policies at fault, and not his skin color?

And how about this one, “Why do polls show that 99% of black voters support Obama?”

This question is important because black unemployment and poverty numbers are the worst in decades under this President. So why would just about 100% of black voters support him? No politician in history has ever seen unanimous support from one group before. I think it’s an obvious topic to explore, if the media wasn’t scared to death at being called racists for merely asking the question.

One last question. Why has the media chosen to ignore Fed Chairman Ben Bernanke publicly stating a month ago that the unemployment numbers are “grave”? For the Fed, that’s a deeply disturbing word. They never use frightening words in public- for fear of exciting or panicking the masses. When they start using strong words like “grave” to describe the state of unemployment, that is a sign that the Fed is in full-scale panic mode.

Shouldn’t the media be tying the Fed Chief’s “grave” economic fears to Obama’s leadership as CEO of the U.S. economy? Shouldn’t the media be questioning loudly if it’s possible to be re-elected with such a poor economic record? They would certainly be doing it with gusto — blaring headlines — if Reagan, Bush, or Romney were President.

Funny how the media completely ignores Obama’s big problems with so many crucial voting groups. And his failure with that little thing called…the economy. A total media blackout. No one in the mainstream media even thinks to address Obama’s grave problems. Especially Obama’s glaring “white voter gap.” That’s a hot story that’s just waiting to be written.

Media bias to this extent is expected in Russia, Venezuela, or Iran. But American voters deserve better.

Wayne Allyn Root is a Capitalist Evangelist, entrepreneur, and Tea Party Libertarian Republican. He is a former Libertarian vice presidential nominee. He is the best-selling author of “The Conscience of a Libertarian: Empowering the Citizen Revolution with God, Guns, Gold & Tax Cuts.” His web site: www.ROOTforAmerica.com