Pathetic Obama GDP: Not A Single Year Above 2.8%, Worst Performance Ever

Despite today's 25% revision down of Q4 2013 GDP from 3.2% to 2.4%, 2013 GDP remains unchanged at 1.9% in the report.

If the final estimate for Q4 confirms today's number a month from now, it's entirely possible the 2013 total will be revised down as well.

But even so, Obama's record remains the worst in the post-war just as it is: an average annual report of just 1.24%.

Truly pathetic. 

Huge Revision DOWN To Q4 2013 GDP, 25%, From 3.2% To 2.4% In Second Estimate

From bea.gov here:

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.4 percent in the fourth quarter of 2013 (that is, from the third quarter to the fourth quarter), according to the "second" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 4.1 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month.  In the advance estimate, the increase in real GDP was 3.2 percent. With this second estimate for the fourth quarter, an increase in personal consumption expenditures (PCE) was smaller than previously estimated . . ..

Obama Regime Doubles Down On Using IRS To Silence Political Opponents

Kimberley Strassel for The Wall Street Journal, here:

Democrats are instead fully vested now in using the IRS to shut down criticism by outside groups of ObamaCare, overspending or (ironically) the IRS targeting. Even liberal groups are howling about the White House's use of the IRS to silence political speech, and the House on Wednesday passed a bill to delay the regulations. The White House's response? A veto threat.

Monica Lewinsky Said In 2004 That Bill Clinton Completely Desecrated Her Character

Quoted here:

"Instead, he talked about it as though I had laid it all out there for the taking. I was the buffet and he just couldn't resist the dessert," she was quoted as saying. "That's not how it was. This was a mutual relationship, mutual on all levels, right from the way it started and all the way through. ... I don't accept that he had to completely desecrate my character."

Ten years later that's exactly what he did, so that now she's just a verb to a black female popstar.

No one gets Rosa Parksed last time I checked, except for Republicans on Barack Obama's bus.

S&P500 Makes New High Of 1854

Rush Hits A Homor To Open The Show: Gay Bar Can Refuse To Serve Conservative Legislators, But Christians Must Bake Cakes For Queers

The gay bar ban on conservative legislators is in the news here.

A Colorado judge ruled last December that a baker cannot refuse to provide service for religious reasons for a gay wedding reception. Story here.

One law for me, but another for thee.

Obama's Red Diaper Doper Babies Attack Atherton, California, 94027, America's Richest Zipcode

Story here.

Obama Regime Admits Late Last Friday Afternoon That ObamaCare Will Increase Costs For Most Small Employers On Top Of 90% Increase Since 2009

WaPo here:

Nearly two-thirds of small businesses that currently offer health insurance to their workers will pay more for coverage as a result of new rules in the health care law, as will millions of small-business employees and their family members, according to new estimates released by the Obama administration. ... roughly 11 million of the 17 million individuals who have health care plans through a small employer will see their premiums increase as a result of the new rules on insurers in the law, while 6 million people will enjoy lower premiums. If accurate, it would continue a steady climb in insurance costs for many small businesses. Ninety-six percent of small businesses say their premiums have increased in the past five years, with the average monthly insurance cost soaring from $590 per employee in 2009 to $1,121 in 2014, according to poll released earlier this month by the National Small Business Administration.

Who do you love?

Google Finance Doesn't Show The S&P500 Breaking Above The January High Today

Idiot Republican Hagel Does Obama's Bidding: To Retire Our Deadliest Close Air Support A-10 Warthog

What's next, the B-2 and its 19 megatons of nuclear payloads? The Minuteman Missile? 

Video of the craft in action here, capable of killing tanks by sneaking up at 100 feet of altitude and flying in formation at 20,000 feet. The sucker is built around a 30mm cannon which burps rounds 11 inches long by the thousands, rounds so fast you'll freak.

There's nothing like it, and the traitors running our country want to get rid of it.

Story here:

To pay for the programs and the new engine, the Air Force will shrink the size of its tactical air squadrons and completely eliminate its A-10 attack airplane fleet, to save $3.5 billion over five years, Hagel said. The move would let the Air Force concentrate its resources on the F-35 made by Lockheed Martin Corp. (LMT)

Senator Kelly Ayotte of New Hampshire isn't going down without a fight, here (this source incorrectly says she represents Arizona, the dopes):

Ayotte’s office said this: “It is not accurate to say the A-10 is a single mission aircraft. For example, the A-10 conducts close air support (CAS), forward air controller-airborne (FAC-A), combat search and rescue (CSAR), and strike coordination and reconnaissance (SCAR) missions.”

Sentiment Survey Finds Americans Like Community Banks Much More Than Big Banks

The story with video interview is here.

The top commenter on the story points to nickel and dime fees by big banks as the single most important reason why Americans switch to community banks from big banks.

The survey finds customers of big banks twice as likely to say they get gouged by fees.

The Fed is subsidizing all banks to the tune of $100 billion per quarter in artificially depressed income to depositors

Chris Whalen, last November, here:

Chief among the data points to be noted is that net interest expense, which is the money paid to depositors at banks, continues to fall.  While all banks earned about $118 billion in interest income last quarter, they paid just $13 billion to depositors, a graphic example of the “financial repression” used by the Fed to subsidize the US banking industry.  Via QE, the Fed is subsidizing all banks to the tune of over $100 billion per quarter in artificially depressed interest cost and income to depositors of all stripes.

Another blooper from Drudge's incompetent help

Dinesh D'Souza's Mistake Is Failing To Take The Enemy For An Enemy

Conservatism in the United States is fatally flawed because it is incapable of imagining that the opposition is the enemy, even when the enemy openly comes after it. Under the influence of Christian teaching, it turns the other cheek also only to get slapped again, as if naming the enemy were itself a transgression. This makes them no different in spirit from the disarmament crowd, as misguided by utopianism derived from religion as revolutionaries are by ideology.

Conservatism is full of people like Dinesh D'Souza who keep saying "so and so should say this", "so and so should not say that", and "so and so ought to do such and such" or "they shouldn't be doing that" when the facts staring them in the face at every turn demonstrate that the opposition is not behaving in any way like countrymen who act in good faith as the opposition but like foreign agents working in the service of a different loyalty. Continuing to protest that the enemy is not playing according to the rules is not going to stop the enemy.

Seen here:

“I think it is the broader pattern of going after people who are critics,” he continued. “Not just me, but the Hollywood guys, the group Friends of Abe, these are Hollywood guys who are conservatives. So I think there is a sense here that Obama treats his critics not merely as people who disagree, but as enemies.”

When the rubber hits the road, as in the critical period just before an election, as here in October 2010, the president makes it plain how he wants his peeps to view us:

“If Latinos sit out the election instead of saying, ‘We’re going to punish our enemies and we’re gonna reward our friends who stand with us on issues that are important to us,’ if they don’t see that kind of upsurge in voting in this election, then I think it’s going to be harder and that’s why I think it’s so important that people focus on voting on November 2.”

Why You Should Boycott ObamaCare If You're Under Age 44

Because at your age you are most likely to die of violence, not disease, and you'll get better care for violence without insurance.

Story here:

Researchers from the Stanford University of Medicine found that patients with insurance are less likely to get the best care than those who do not have insurance. They found that insured patients taken to non-trauma hospitals were 13 to 15 percent less likely to be transferred to trauma centers than uninsured ones. ...

Shootings and traffic accidents are the most common causes of death in this county among people under 44-years-old.  Previous research has shown that severely injured patients are 2 percent less likely to die if treated at a top-ranked trauma center than at a non-trauma center.

And Now A Word From The Paternal Fascists At Wells Fargo

Seen here:

“Retirement security is a shared responsibility between government, business, and individual and a system that is designed to motivate all stakeholders will drive the best outcome for Americans to achieve retirement security, said Joe Ready, director of Wells Fargo Institutional Retirement and Trust.

In the good old days your retirement was no one's responsibility but your own.

How Speculators Redistribute Wealth: Find The Greater Fool

John Hussman, here:

It is certainly possible for any individual investor to realize wealth from an overvalued security by selling it, but this requires another investor to buy that overvalued security. The wealth of the seller is obtained by redistributing that wealth from the buyer. 

Drudge Can't Spell "Auschwitz"

Yeah, "Auchwitz", as in what, "also a joke"?

My Whirlpool Appliances Have Had 5 Failures In 5 Years While They've Tried To Hire 765 H1B And Green Card Foreigners At High Salaries Since 2001: Coincidence?

Image source here.