Friday, October 7, 2011

To: Friends & Supporters

From: Gary L. Bauer

No Improvement

The government released its latest unemployment figures and found no improvement -- the unemployment rate remains stuck at 9.1%. The Labor Department notes that 103,000 jobs were created last month, and Obama apologists will seize on that number as evidence of progress. But that is way below the number needed (200,000 to 250,000) to lower the unemployment rate.

Bloomberg reports that 45,000 of the 103,000 "new" jobs really weren't new, but striking Verizon workers who went back to their jobs in September. So the number of newly-created jobs is significantly less than 103,000. Even worse, the Bloomberg report notes that the underemployment rate -- part-time workers looking for full-time jobs and people who want work but have given up -- "increased to 16.5 percent, the highest this year."

Clearly, Obama's policies are not working. More and more Americans are losing hope. We need a change!

What's Wrong With Obamanomics

President Obama held a press conference at the White House yesterday to once again make the case for his latest tax-hiking, big spending stimulus bill. He calls it a jobs bill. Obama blasted Republicans for opposing it and demanded that they explain what is wrong with his ideas. Here are a few things to help you sort through the media spin.

Yesterday President Obama claimed his jobs bill would create nearly two million jobs and "grow the economy by as much as 2%." But the Associated Press recently reported that Obama's bill wouldn't do much, if anything, to lower the unemployment rate.

Moreover, Mark Zandi, the Moody's economist who modeled the economic forecasts of the plan, says his prediction was good only for one year -- 2012. According to Zandi, "Beginning in 2013, and certainly into 2014, the plan is a drag on the economy because the stimulus starts fading away," while Obama's tax increases remain in place.

CNSNews reports that while Obama claims his plan can grow the economy by "as much as 2%," its $450 billion price tag represents 3% of current GDP, and works out to an average cost of $235,000 per job.

"Kill The Wealthy"

Earlier this week, I described the Occupy Wall Street crowd as radicals and socialists who were still waiting for the "fundamental transformation" of America. I told you that Obama and the Democrat establishment would slowly embrace this movement, and they have.

ABC News reports that 15 of the largest labor unions are now on board. Nancy Pelosi said of the demonstrators, "God bless them for their spontaneity. It's young, it's spontaneous, it's focused and it's going to be effective." At his press conference yesterday President Obama said that the protestors were expressing "the frustrations that the American people feel," and that the Occupy Wall Street movement would "express itself politically in 2012."

Some media pundits eagerly refer to the Occupy Wall Street movement, which has spawned sympathetic protests across the country, as the left's answer to the Tea Party. The Tea Party movement wanted less government spending and lower taxes. What does the Occupy Wall Street movement want?

A local CBS reporter in Sacramento tried to find out. Wading through the crowd of Marxists and misguided youth, the best he could get from an organizer was that the group's message "was kind of vague."

Unfortunately, all the anti-capitalist, bank-bashing rhetoric from the Democrats lately may inspire more than just protests. Politico reported yesterday that New York politicians have received e-mails threatening to "kill the wealthy" if they are not taxed more. Here is a not-so-vague excerpt from the e-mail:

"It's time to tax the millionaires! If you don't, I'm going to pay a visit with my carbine to one of those tech companies you are so proud of and shoot every spoiled Ivy League [expletive] I can find. …How hard is it for us to stake out one of the obvious access roads to some tech company, tail an employee home and toss a liquor bottle full of flaming gasoline through their nice picture window into their cute house?"

That crowd in Sacramento, the mob on Wall Street and the loathing expressed in the message above is not a movement based on hope. It is based on envy and hate.

Recently, Robert Johnson, the founder of Black Entertainment Television, made headlines for telling Obama to stop attacking success in America. Good for him. More business leaders need to speak up. They also need to reconsider their support for the Democrat Party, which is no longer the party of Harry Truman and John Kennedy. It has been hijacked by radicals who refuse to acknowledge the failures of socialism, even as Europe teeters on the brink.

And The Winner Is…

The 2011 Values Voter Summit is underway at the Omni Shoreham Hotel in Washington, D.C. Today we heard from House Speaker John Boehner, Gov. Rick Perry, former Senator Rick Santorum. Former Speaker Newt Gingrich and Herman Cain speak this afternoon, and Rep. Michele Bachmann will address the Summit tonight. If you were unable to join us in person, you can watch the Summit online at valuesvotersummit.org.

In addition to hearing from seven presidential candidates, conservative leaders and activists, attendees at the Values Voter Summit can participate in more than a dozen educational breakout sessions. For example, American Values, my public policy organization, is hosting a session on why Christians should support Israel. Throughout today and tomorrow, Summit attendees can also vote in a straw poll. The winner will be announced this weekend.

Now I am prepared to announce the winner of our latest straw poll. We had a tremendous response, one of the biggest reactions to a request for feedback in some time. And there was a clear favorite. Herman Cain received 45% of the vote!

Texas Governor Rick Perry (17%) finished second and former Massachusetts Governor Mitt Romney (11%) was third. Newt Gingrich (10%) finished in fourth place, followed by Michele Bachmann (8%) and Rick Santorum (6%). In seventh place was Ron Paul, followed by Jon Huntsman and Gary Johnson.
 

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