What Part Of This Isn’t Clear?

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About stevengoddard

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60 Responses to What Part Of This Isn’t Clear?

  1. marc.blank@live.com says:
  2. SMS says:

    This is one of my broken record moments.

    When the Democrats took over congress at mid-term they knew that they were not going to get a Democrat elected as president unless the economy was struggling. So they started campaigning for a bad economy. Each night, as we turned our TV’s on, we would see either Nance, Harry or another minion telling us how bad the economy was. As confidence in the economy waned, housing started to tumble. And the Democrats going back to Carter can be blamed for that.

    There are very few things that can go wrong with an economy if you hold people responsible for their own actions. Democrats always give their constituents a pass so they can keep them voting Democratic. It pisses me off that I’m funding the Democratic party through my taxes.

    • Gail Combs says:

      As soon as Bush II stepped into the White House the MSM started screaming RECESSION RECESSION, BUSH is causing a RECESSION! It was such in your face propaganda that my husband and I discussed it and he still remembers it.

      The man had not been in office a week before the Clinton caused recession was permanently pinned on Bush.

      I am no fan of Bush II but if you are going to pin his ears back use the Patriot Act and the “historic $700 billion bank bailout” in October 2008 not the Clinton caused recession.

      • SMS says:

        The Democrats are proud to tell people that Clinton left office with a surplus. But this surplus was dropping under Clinton. Democrats and the MSM will not tell you that the economy was going south fast during his last year in office and that if he would have been in office one more year he would have seen his surplus disappear. Democrats are shameless.

        I lost more in the stock market under the last year of Clinton than and did the first seven of Bush. Bush is given the blame for the recession but it started under Clinton.

        The Democrats changed how recessions were defined before Bush II left office so that he got the blame for the recession that Obama is continuing. Using the old definition, this is an Obama recession. And the first recession under Bush II is the fault of Clinton using the current definition.

        • nielszoo says:

          There was no surplus. That is Washington DC fictional math. If your budget says you are going to spend 10% more than the previous year and you only spend 7% more than your previous year federal government math says you had a 3% “surplus” even though you were borrowing 20% of the money you spent. It’s all cooking the books. If any one of us handled money like the government did during Clinton’s make-believe surplus (or any other time in history post WWII) we would be in prison for fraud.

        • schauminator says:

          I agree, Fictional Math is the same as “Million Man March Math.”

        • Gail Combs says:

          The surplus was created by clinton playing games with the numbers. Analysis here: The Myth of the Clinton Surplus It is a long explanation of government math and magic.

          The key quote:

          …When it is claimed that Clinton paid down the national debt, that is patently false–as can be seen, the national debt went up every single year. What Clinton did do was pay down the public debt–notice that the claimed surplus is relatively close to the decrease in the public debt for those years. But he paid down the public debt by borrowing far more money in the form of intragovernmental holdings (mostly Social Security)...

      • jst1 says:

        “As soon as Bush II stepped into the White House the MSM started screaming RECESSION RECESSION, BUSH is causing a RECESSION! ”

        I disagree. The Bush administration was out early talking about recession so as not to be blamed for it. Rightly so.

        • SMS says:

          The Bush administration was out early, but they could not overtake the avalanche of recession baiting by the Democrats and MSM. Bush was blamed for freckles, sun spots and anything lazy ignorant people would not take responsibility for.

  3. g2-9ed9acc685824c6663c51c5b093476cc says:

    It’s always the same since the radical Left took over the Democrat party in the 1980s and 1990s.

    • Gail Combs says:

      It has been the same since some idiot with delusions of grandeur got on a horse and convinced a band of thugs and thieves it was easier to kill and steal than to work. The really successful ones were called Kings.

      Then Amsel Bauer Mayer Rothschild figured out it was much better to sit at home and lend money to the fool on the horse leading the pack of thugs and thieves.

      “Let me issue and control a Nation’s money and I care not who makes its laws”. ~ Rothschild, 1838

      Since Fractional Reserve Banking allows the banker to steal money from everyone without them figuring it out, it allowed the Princes and Kings to wage bigger and bigger wars. Thanks to the industrial revolution the wealth was there to steal and the Bankers and Princes and Kings and Presidents and Dictators have been happily waging wars ever since with the peasants paying in wealth and blood. (Keeps the peasants from figuring out they are being defrauded and keeps their numbers down.)

      The Bankers also tried other methods of gaining wealth and power. Karl Marx was financed by Phillips, a banker and the Bolshevik Revolution was financed by bankers.

      Then in the 1930s the decision was made to grab the whole ball of wax. Strip away the flowery language and that is what World Trade Organization Director-General Pascal Lamy is saying:

      ….The reality is that, so far, we have largely failed to articulate a clear and compelling vision of why a new global order matters …

      All had lived through the chaos of the 1930s… including the defeated powers, agreed that the road to peace lay with building a new international order — and an approach to international relations that questioned the Westphalian, sacrosanct principle of sovereignty….

      After WWII they Kings and Presidents were scared that a really crazy thug just might forget the rules of the game (The big wig rulers don’t get killed) and turn the whole earth into a glowing cinder… or at least the part the big wig was sitting on.

      The Big Problem today is all of the Sociopathic Thugs think THEY are going to be top dog and I very much doubt it will end well especially after that idiot Bill Clinton gave China the keys to the weapons locker. link

      “Economic Interdependence and War: A Theory of Trade Expectations,”

      China Picks at the Scab to Keep the Wound Fresh

      Lessons of history: China’s century of humiliation

  4. Joseph says:

    A fall in labor force participation is probably one of the main causes of a declining unemployment rate.

    http://data.bls.gov/timeseries/LNS11300000

    I’m not defending the Democrats at all – they’ve been of no help to the economy – but simply pointing out that Republicans taking over Congress and a lower unemployment rate is being a bit disingenuous.

    • ossqss says:

      It is the cause of the drop in the UE rate. It would be over 9% without it.

      http://globaleconomicanalysis.blogspot.com/2014/09/nonfarm-payrolls-142000-unemployment-61.html

    • SMS says:

      It used to upset me in the last presidential election that the unemployment % kept coming down during the first Obama administration, yet there were months when NO jobs were added to the economy. There needs to be about 175,000 jobs added each month just to stay even with unemployment because of an increasing population. The MSM chose not to report on this subject because it would have hurt their man; even though it was a better indicator of unemployment and the true state of the economy.

      • tom0mason says:

        Unemployment or employment rates are lagging idicators in the economy, that is they change after the events that affect the economy. They are effectively one of the feedback methods indirectly used by leftish governments to regulate an economy.

    • Gail Combs says:

      The REAL unemployment rate has been ~ 23-24% since Obummer took office.

      As long as US technology is shipped to China and China has wages of between $165.62 (US Dollar) and $265.64 a month vs a US minimum wage of ~$1250 a month AND the WTO forbids tariffs and even inspection of incoming goods, you are not going to see any real increase in jobs at least jobs created by the transnational corporations.

      The only place jobs are increasing is in the small business sector and massive new regulations and Obummercare are slamming the door shut on that.

      Small firms consistently created 60 to 70 percent of new jobs, year after year, employ more than half of the entire U.S. workforce, and provides more than 50 percent of the nonfarm private gross domestic product (GDP). You would think in the current economic climate the US government would be bending over backwards to make sure the way was clear for small businesses. Instead from the Feds down to the county and village level, brain dead bureaucrats throw-up roadblock after roadblock to make sure new businesses are killed before they even have a chance to get off the ground.

      The elite, owners of those mega corporations are cheering this on because you are left with no choice but to buy their shoddy, Chinese made over priced goods. Corporate profits for this reason are a rotten indicator of the health of the economy. Sooner or later the lack of real wealth in the hands of the consumer, the guys buying the goods is going to have a REAL impact.

      PRICE: Regulations are choking small business engine of growth

      “…The cost is $1.75 trillion. That’s the price of complying with Washington red tape — and that’s not a misprint.

      While the federal government has the responsibility to establish reasonable regulations to help protect the American people, federal rule-making is so costly and cumbersome that it actually impedes job creation and economic growth….”

      Federal regulations have lowered real GDP growth by 2% per year since 1949 and made America 72% poorer

      Argument for what’s certain: regulations hurting economy
      It’s clear the Barack Obama White House ranks as one of the most activist regulatory administrations in history. Consequently, it’s not surprising the administration argues that regulatory costs and uncertainty aren’t hurting the economy.

      Jan Eberly, assistant treasury secretary on economic policy, recently tried to make the case for an-all-is-well position on regulation in a Treasury Department blog….

      She cites a recovery in corporate profits. But that ignores where profits should or could be. In fact, corporate profits only climbed above their 2006 levels last year. For good measure, Eberly ignores that as of the second quarter of this year, proprietors’ income had still failed to climb back to its 2006 level.

      Eberly asserts that a flat workweek for private workers and low capacity utilization point to poor demand, not fear of regulation. [Boy is she full of chicken manure]

      …most damning is the reality that while real personal consumption expenditures have climbed back to 2007 levels, real private nonresidential and residential fixed investment remain well below 2007 levels. Hmmm, that would seem to indicate a major problem on the supply side of the economy.

      Finally, Eberly ignores the trend in self-employed. The number of incorporated self-employed has been falling for three years now, while the number of nonincorporated self-employed has been falling for more than four years. As a measure of entrepreneurship, this is a very worrisome trend and one that is affected by the policy climate, including regulatory costs and expectations.

      Then there’s the latest results of a survey of small business owners for the Wells Fargo/Gallup Small Business Index:

      Optimism for the future among small business owners dropped to its lowest level….

      82% of Small Business Executives Think The U.S. Economy Is On The Wrong Track

    • David A says:

      Indeed true We are stilling pumping trillions into this economy, “pushing on a string” and the participation rate has plunged by from three to five million more then demographics suggest. (Obama has taken manipulating Govt numbers to a new level indeed.)

      Obamacare in the mean time is causing part time employees to work even less.
      .http://globaleconomicanalysis.blogspot.com/2014/09/average-workweek-back-at-pre-recession.html
      And this is before the employee mandate kicks in.

  5. Steve Jones says:

    In third segment of the chart, the GOP only took over the House where they have been handcuffed by the do-nothing Democrat Senate. So it’s hard to give the GOP credit for that last segment except insofar as they have very likely prevented further damage by the Democrats.

  6. mf says:

    I am sorry to say this. I agree with you on climate. On everything else, you tend to be a propagandist. You know what happened in 2008 don’t you? What led to 2008 was Republican ideology which co-opted opportunistic Democrats. Get over that thought.

    • Gail Combs says:

      The Democrats and the Republicans are essentially the same. All we get is an illusion that we have a choice.
      See America’s Ruling Class

      … When this majority [of voters] discovered that virtually no one in a position of power in either party or with a national voice would take their objections seriously, that decisions about their money were being made in bipartisan backroom deals with interested parties, and that the laws on these matters were being voted by people who had not read them, the term “political class” came into use….

      Never has there been so little diversity within America’s upper crust. Always, in America as elsewhere, some people have been wealthier and more powerful than others. But until our own time America’s upper crust was a mixture of people who had gained prominence in a variety of ways…

      Today’s ruling class, from Boston to San Diego, was formed by an educational system that exposed them to the same ideas and gave them remarkably uniform guidance, as well as tastes and habits…..

      America’s ruling class speaks the language and has the tastes, habits, and tools of bureaucrats. It rules uneasily over the majority of Americans not oriented to government.

      The two classes have less in common culturally, dislike each other more, and embody ways of life more different from one another than did the 19th century’s Northerners and Southerners — nearly all of whom, as Lincoln reminded them, “prayed to the same God.” By contrast, while most Americans pray to the God “who created and doth sustain us,” our ruling class prays to itself as “saviors of the planet” and improvers of humanity….

      That is why I am an Independent. Now all I want is someone to vote FOR not a choice of the lesser of two evils.

    • Joseph says:

      Interesting that you say that. It was the Bush administration that tried to stop the mortgage issue. Democrats – and if i remember correctly some Republicans – were adamant that the program (i.e. redlining, CRA, etc.) stay in place.

      Collusion of government and private corporations in an attempt to screw people over needs to be stopped. It’s about as far away from free market capitalism and classical liberalism one can get, yet capitalism and conservatism is blamed for the economic ills that we’re seeing today.

      • Gail Combs says:

        Collusion of government and private corporations = The Third Way and both the Republicans and the Democrats are on board. After all it is only fly over country that gets raped again.

      • David A says:

        Actually Bush was concerned with the entire break down of the industry through the repeal of legislation (This was signed by Clinton, but inspired by dumb republicans) which kept disparate financial banks separate, , “Comercial” vs “Investment”, and out of the mortgage market. ( Glass–Steagall) Bush was unsuccessful in wresting any control from the Senate finance committee controlled by Dems, who through Freddy and Fannie led the way to the MBS fiasco. Harvard MBA’s rated all this junk triple A, which even a 12 year old would know was really junk, bound to fail. The most avoidable crisis ever, led by government all the way.

    • SMS says:

      What happened in 2008 was collapse in the housing market that took down the banking system. You can thank Jimmy Carter for the CRA. This piece of crap legislation was ignored by Reagan and Bush 1 but under Clinton it got wheels. Billy sent Janet Reno in to make the banks comply with the CRA legislation. What we got were a bunch of mortgage lenders forced to lend money to those who did not have the previously required 10-20% down. No buy-in. As the price of housing increased, these buyers remortgaged their houses to get some quick easy money. Then, with help from Nance and Harry, the economy took a sudden downturn and POOF!; no money in the house meant and easy way to walk away. And they did; in droves. Leaving the banking institutions that had bought up the mortgages in trouble.

      • Gail Combs says:

        Given that the banks just printed money out of thin air and then lent it out there was a bit more to it than that. (Getting in trouble lending out ‘monopoly money’ and getting ‘gold’ back as interest and principle takes real talent. The entire ‘cost’ of the loan is paid within the first year the rest is 100% profit.)

        money printed out of thin air
        Money Is Created by Banks: Evidence Given by Graham Towers

        *****US Banks Operating Without Reserve Requirements*****

        First National Bank of Montgomery vs. Daly (1969) …Mr. Morgan, the bank’s president, took the stand. To everyone’s surprise, Morgan admitted that the bank routinely created money “out of thin air” for its loans, and that this was standard banking practice.

        First we had Good ole’ Billy shipping the blue collar jobs off to China via the ratification of the World Trade Organization. Followed by his getting China into the WTO and finally allowing US technology to be shipped to China. No Jobs = No Mortgage Payments.

        Then there were the variable rate and balloon mortgages which should never have existed especially for the blue collar types but were often the only mortgages offered.

        Finally there was AIG and credit default swaps (CDS) How the AIG Bailout is Driving More Foreclosures (Worth the read so you understand the trick played on the US homeowner and US tax payer who both got screwed over.)

        Then there was the problem of the five new banking laws Clinton signed.
        BANKING LAWS:
        The McFadden Act of 1927 or Amendment to the National Banking Laws and the Federal Reserve Act (P.L. 69-639, 44 STAT. 1224): Prohibited interstate banking.

        Law: Negating above:
        Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994
        (P.L. 103-328, 108 STAT. 2338).
        Permits bank holding companies to acquire banks in any state one year Beginning June 1, 1997, allows interstate mergers.
        …..

        The Glass-Steagall Act or Banking Act of 1933 (P.L. 73-66, 48 STAT. 162): Separated commercial banking from investment banking, establishing them as separate lines of commerce.

        Bank Holding Company Act of 1956 (P.L. 84-511, 70 STAT. 133): Prohibited bank holding companies headquartered in one state from acquiring a bank in another state.

        Law: Negating both of the above laws:
        Gramm-Leach-Bliley Act of 1999
        (P.L. 106-102, 113 STAT 1338)
        Repeals last vestiges of the Glass Steagall Act of 1933. Modifies portions of the Bank Holding Company Act to allow affiliations between banks and insurance underwriters. Law creates a new financial holding company authorized to engage in: underwriting and selling insurance and securities, conducting both commercial and merchant banking, investing in and developing real estate and other “complimentary activities.”
        ….

        Federal Deposit Insurance Corporation Improvement Act of 1991 (P.L. 102-242, 105 STAT. 2236).
        Also known as FDICIA. FDICIA [b]greatly increased the powers and authority of the FDIC. Major provisions recapitalized the Bank Insurance Fund and [b]allowed the FDIC to strengthen the fund by borrowing from the Treasury.

        Housing and Community Development Act of 1992 (P.L. 102-550, 106 STAT. 3672). This was the real killer. It forced banks to lend to the unqualified buyer.

        RTC Completion Act[/b] (P.L. 103-204, 107 STAT. 2369):
        implement provisions designed to improve the agency’s record in providing business opportunities to minorities and women.. Expands the existing affordable housing programs of the RTC and the FDIC by broadening the potential affordable housing stock of the two agencies.
        Increases the statute of limitations on RTC civil lawsuits. In cases in which the statute of limitations has expired, claims can be revived for fraud and intentional misconduct resulting in unjust enrichment or substantial loss to the thrift.

        The Source for the Banking Laws was (wwwDOT)fdic(DOT) gov/regulations/laws/important/index.html

  7. Sheldon says:

    Guys and gals, I’m with you on the anti-CAGW hysteria thing, but the partisan stuff I no longer buy. When it comes the most important topics by far, national and personal finances, both major parties are in bed with the same thieves, the financial sector, daily robbing blind the present and future of you and your children. This non-“recovery” from the third and WORST financial bubble ever blown at the cost of trillions in national debt is an illusion. For a bit of reality on that topic, I refer you to the web page of a key member of the former Reagan administration, David Stockman:

    http://davidstockmanscontracorner.com/

    • Gail Combs says:

      Someone else to read…
      You can also find David Stockman’s articles @ Mises.Org (I am not surprised after a quick glance at his website.)
      http://mises.org/daily/author/1424/
      ….

      What is so very frustrating is we have the knowledge of what is wrong.

      We have the knowledge of how to correct it. (Toss out the Fed and fractional Reserve Banking and then spend the next two decades or more repealing regulations and laws…. Return the rule of law as written in the Constitution and not some Progressive Judge’s brain.)

      However greed on the part of those with money and power and a majority of brain dead followers of the MSM continues to make matters worse.

      From what I can see the only stopping point is when someone (probably China) has ALL the Marbles, ALL the wealth and ALL the power and everyone else is slaves… And then it starts over again.

      • Shazaam says:

        The other stopping point is when the checks and EBT cards and Obama-phones stop rolling in. At that point the “bread and circuses” crowd will have a real problem.

        They have no marketable skills or experience in a new world where uncle sugar (the government) doesn’t want or need to purchase their votes anymore.

        .

        Came across this the other day:

        • Gail Combs says:

          That is lovely.

          Goes with what George Bernard Shaw had to say:
          First the Carrot:
          “A government which robs Peter to pay Paul can always depend on the support of Paul.”

          Then the slave collar and shackles for Paul:
          “Under Socialism, you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you liked it or not. If it were discovered that you had not character and industry enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live, you would have to live well.”

          George Bernard Shaw: The Intelligent Woman’s Guide to Socialism and Capitalism, 1928, pg. 470)
          “The moment we face it frankly we are driven to the conclusion that the community has a right to put a price on the right to live in it … If people are fit to live, let them live under decent human conditions. If they are not fit to live, kill them in a decent human way. Is it any wonder that some of us are driven to prescribe the lethal chamber as the solution for the hard cases which are at present made the excuse for dragging all the other cases down to their level, and the only solution that will create a sense of full social responsibility in modern populations?”

          Source: George Bernard Shaw, Prefaces (London: Constable and Co., 1934), p. 296.

          Too bad the ‘Hard Cases’ are deaf dumb and blind to what is in store.

        • David A says:

          …and the brilliant Daniel Webster..
          ” Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.”

          IS THERE ONE PROGRESSIVE IN THIS WORLD WHO EVEN THINKS ABOUT THE FOUNDING PRINCIPLES OF THE UNITED STATES?

  8. The unemployment rate is a sham. Do the same chart with the percentage of working age Americans not working.

    You’ll find this age of a “progressive” economy is the least beneficial for women and minorities, and a boon to “patriarchy.”

  9. Andy DC says:

    There is lots of blame all around. But the Republicans are definitely the better of the two parties.
    Gerald Ford was a very underrated President, a very decent man, strong on defense and a deficit hawk. It is too bad he lost to the Carter. That was probably the beginning of the end.

    • I liked Gerald Ford … but those WIN (Whip Inflation Now) buttons were over the top. His administration kept blaming the consumer for inflation … when the fault was the printing press.

    • SMS says:

      It is not a well known fact but Gerald Ford vetoed over 50 spending bills during his short time in office. The WIN campaign was to get the voters behind his veto legislation tactics to control inflation; which the Democrats were campaigning heavily against by appealing to the voting public and implying they would be hurt if the Democratic spending legislation were not passed. Ford tried to control inflation by cutting government spending. Carter tried to control spending by raising the interest rate. Which one hurt the voting public more?

  10. Mickey says:

    I don’t remember the Republicans gaining control of Congress in 2011. The House, yes. Congress, no.

  11. schauminator says:

    How many jobs bills have been past by congress, how long ago and are sitting in the Senate with a no vote?

    • schauminator says:

      Over 40 jobs bills sitting in the Senate

      • jst1 says:

        Jobs bills.
        Silly.

        • Gail Combs says:

          We do not NEED Job bills we NEED the repeal of ALL regulations that are not absolutely necessary and the abolishing of Fractional Reserve banking. No new money printed PERIOD!

          The entrepeneurs will take it from there.

          This is from four years ago….

          …Today, the Institute for Justice released a series of studies documenting government-imposed barriers to entrepreneurship in eight cities. In every city studied, overwhelming regulations destroyed or crippled would-be businesses…

          Time and again, these reports document how local bureaucrats believe they should dictate every aspect of a person’s small business. They want to choose who can go into which business, where, what the business should look like, and what signs will be put in the windows. And if that means that businesses fail, or never open, or can operate only illegally, or waste all their money trying to get permits so they have nothing left for actual operations, that’s just too bad….

          …•In Miami, an accidental loophole in state law allowed jitney van transportation services to flourish briefly. As soon as Miami-Dade County got the opportunity, however, it shut down the new jitneys and ensured no others would open by requiring any new business to prove it wouldn’t hurt its competitors. It even allowed those competitors to object to any new businesses…

          n Washington, D.C., hundreds of people have waited more than a year to take the required class and test to become a taxi driver. Rather than encourage these individuals to create jobs for themselves, the city has simply stopped offering the class and test.

          When governments actually get rid of barriers to entrepreneurship, new businesses open almost immediately. Indeed, removing even a single law can unleash entrepreneurial energy and create hundreds of jobs. Mississippi finally got rid of its requirement that African hair braiders get government-issued cosmetology licenses to practice or teach. The result? A single entrepreneur — Melony Armstrong — trained dozens of women to braid hair and open their own businesses.

          In Redmond, Wash., after winning a legal challenge to a law that prohibited mobile signs, bagel maker Dennis Ballen used such signs to grow his business, expand his bagel empire with two new stores and employ dozens of individuals….
          http://usatoday30.usatoday.com/news/opinion/forum/2010-10-21-mellor26_st_N.htm

  12. Steven: Could you respond to THIS:
    http://www.huffingtonpost.com/2014/09/15/warmest-august_n_5823642.html

    Even I could have predicted Huff Po, NASA, NOAA would claim August 2014 as the hottest ever… yet we’ve had cold spells across North America… their map shows North America as red despite the well, well below normal temps .. even snow in Calgary… yet its red..

  13. KTM says:

    Frankly, I’m not sure the Republicans would want to claim ownership of the worst and slowest economic recovery in US history.

    Employment now is ~750k jobs above the last peak. However, due to natural growth in the workforce we need to add approximately 150,000 jobs per month just to tread water. Compared to where we were in 2008, we’re still grappling with a deficit of about 11 million jobs, only a small part of which is reflected in the official unemployment rate.

    Add in some of the studies that have shown that 100% of job growth since the 2000/2001 recession have gone to foreign workers rather than Americans, and again I’m not sure I would want Republicans claiming ownership of anything to do with the current state of employment in the country (or lack thereof).

  14. Brian D says:

    I know this OT from this topic, BUT what part of this isn’t clear?!

    Looks like 19.9 or 20.0 Mkm^2 to me. Beats the estimated record of 19.7 Mkm^2 in 1964 by a long shot.

    • Gail Combs says:

      …For the past two three years, Antarctic sea ice has been consistently two std deviations ABOVE normal levels for sea ice, AND that sea ice extends around the continent to latitude 60 south at maximum extents in September….

      How much larger can Antarctic sea ice get? There is no limit. At today’s rate of Antarctic sea ice increase, Cape Horn itself could be closed to ship traffic due to sea ice within 8-10 years for months at a time…

      But it is worse than you think!

      At today’s levels of BOTH minimum AND maximum extent in the Antarctic seas, today’s (and last year’s!) record breaking sea ice extents DO reflect much more solar energy than the exposed waters! At the edge of the Antarctic sea ice at 60 – 70 south latitude, ALL YEAR, every day, the record-breaking Antarctic sea ice extents IS reflecting MORE solar energy and IS cooling the planet down even more.

      And thus we slide quickly into the next major ice age.

      RACookPE1978 December 31 Comment at WUWT is a bit tongue in cheek but he has done a lot of work on the physics.

      Ice narrowing both Drake Passage and the passage at the tip of Africa could have major effects on the cold water currents running up the coast of South America and Africa. This in turn could effect ENSO (El Nino) and the gulf stream in the Atlantic.

      There is a bit more to add. There is a decent chance Bárðarbunga may really erupt and two different Indonesian Volcanoes have just erupt multiple times. Of course these are only a few of the multiple eruption going on. link

      Mount Slamet volcano erupted 38 times on September 11,

      spewing lava some 1,500 meters (5,000 feet) into the air.

      Located in Central Java, Mount Slamet had been erupting on and off for a few days, but went to overdrive on Friday,….
      Meanwhile, Mount Lokon volcano on Indonesia’s Sulawesi Island erupted three times on Saturday, spewing ash 500 meters(1640 ft) into the air….
      http://www.interaksyon.com/article/95294/indonesian-volcano-in-java-erupts-evacuation-prepared

      http://www.thehindu.com/news/international/world/indonesias-mount-lokon-volcano-erupts/article6408050.ece

      H/T to IceAgeNow

      The problem is how much SO2 and particulate matter is flung into the stratosphere and what it will do to the climate. Colder? More snow? More rain? An excuse for the Warmists so they do not have to acknowledge the weather is actually getting colder?

      ..Data from Total Ozone Mapping Spectrometer (TOMS) instruments is used to measure and track SO2 gas clouds from explosive volcanic eruptions. The TOMS measures reflected ultraviolet (UV) radiation and can measure both ozone and sulfur dioxide. The ability of TOMS to detect SO2 gas was first noticed after the eruption of El Chichon, Mexico in April 1982. Abnormally high ozone values were found across Mexico at the same time as the eruption. These false high-ozone values were due to SO2 gas from the volcano. SO2, like ozone, absorbs UV light and the SO2 was being incorrectly interpreted as extra ozone….

      Volcanic aerosol particles scatter and absorb a fraction of incoming solar radiation, as well as absorbing a fraction of outgoing terrestrial radiation. The change in global temperatures caused by the aerosols from El Chichon and Mt Pinatubo is estimated to be 0.2¡C and 0.5¡C….

      Volcanic aerosols have also been implicated in ozone depletion. A year after an eruption, stratospheric aerosols even from equatorial volcanoes can be distributed to polar latitudes and studies show volcanic aerosols can catalyze ozone-destroying chemical reactions. The largest ever ozone hole was measured by TOMS at the end of 1993, and the hole was larger than predicted…
      http://denali.gsfc.nasa.gov/research/so2/article.html

      Round-up of weekly volcanic activity news:
      http://www.volcano.si.edu/reports_weekly.cfm#vn_282110

    • HOW can Sea Level be rising when the Largest Mass of ICE on the Planet… by FAR… is gaining ice.. at RECORD Levels??

      I know they “model” Sea Level using some kind of “volume” estimate of the ocean… which includes all kinds of bounceback of the crust and includes fresh water behind dams.. etc… thus much of this Sea Level increase we’re told about by Government Officials is estimated, or modeled.. NOT actual…

      Yet nobody on places like Huff Po seems to get it… they can’t even consider that Antarctica is gaining Ice.. lame.. hopeless..

  15. Chip Bennett says:

    I consider anything other than U6 to be subject to political data-fudging. Here, you can compare U2, U3, and U6:

    http://www.macrotrends.net/1377/u6-unemployment-rate

    (Bottom line: Barack Obama + Nancy Pelosi = disaster for unemployment)

  16. Ed Martin says:

    The unlabeled red line is probably Poppy Bush.

    The last three are from ‘reflections of a rational Republican’ blogspot, until he couldn’t win the debate. So he stopped.

    http://www.forbes.com/sites/adamhartung/2014/09/05/obama-outperforms-reagan-on-jobs-growth-and-investing/

  17. SMS says:

    The jobs Obama has created are part time jobs. Also, the top graph needs to be as a percentage. You can’t compare Eisenhower to other presidents if the population under Eisenhower was half.

    Graphs seem to be politically generated. They look like they came from a Democrat spin doctor, not a Republican.

    • Gail Combs says:

      The USA has lost manufacturing jobs 24% ===> less than 9% – decent paying blue collar jobs.

      Many of the good paying IT jobs have foreign H1B Visa people occupying them, @ $60,000 vs the $80,000 an American would be paid. What is never said is the H1B visa program is used by transnational corporations to train up the people then used for outsourcing the entire department/ branch to India or China. The Americans who used to do the job are often forced to train their lower pay replacements or lose severance pay and a decent recommendation. (Just ask any unemployed IT person you meet and you will get an earful.) OH and it is US universities that are TRAINING these H1B Visa people in the first place.—- Face Palm
      (My husband worked in the IT field since the 1970s and watched as the department mix went from American with an occasional UK person to ~ 50% foreign mostly from India)

      What has been gained is low paying service jobs. Sales clerks, burger flippers and Kelly office temps jobs.

    • David A says:

      The number of part time jobs is almost steady under Obama. However those part time jobs have lost even more hours. As always under progressive ideologues, the poor get poorer.
      http://globaleconomicanalysis.blogspot.com/2014/09/average-workweek-back-at-pre-recession.html

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