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Food Stamp Friday - Newt Shows America His True Colors
Food Stamp Friday - Newt Shows America His True Colors
I try to keep politics out of the weekly posts but screw that!
That disgusting, vile, son-of-a-bitch (just my opinion, we report - you decide!) Newt Gingrich is on a 12-city pre-election tour where he is advising Republican candidates to frame the choice for voters between Democrats as "the party of food stamps" while selling the GOP as "the party of paychecks."
With a truly shocking 42M Americans in such dire straits that they need food stamps to make ends meet (and our study of the shopping habits of the poor last week clearly illustrated that this aid is the only way they can eat as they shop the same day the checks come every month), Gingrich this week distributed a memo to Republican hopefuls saying they should use the final month to stress tax and spending cuts as a way to spur job growth while attacking Democratic policies as detrimental that effort.
"It’s perfectly fair to say they are earning the title of the party of food stamps," he said. "By contrast, we have historically since Ronald Reagan of 1980 been the party of job creation."
The party of job creation??? Ha! Ha, ha, ha, ha, ha, ha - ha! Ha, ha, ha. Ha! OK, I think I’m done now. Ha! OK, now I can go on (but I’m still giggling). I will sum up the very cogent point I made to Members early this morning by simply saying: Is this out of touch elitist wealth-sucking windbag totally insane or just a big, fat liar? Let’s look at a chart:
What? Don’t like this one? Do you think it’s unfair to keep picking on poor W? I hear this all the time, Obama’s been in office 21 months, he needs to OWN this recession now and we need to stop looking at the idiot who caused it and pretend it was all Obama’s fault since he took office in the month that job losses maxed out at 850,000.
As logical as that line of reasoning may be, I do like to try to keep a historical perspective on things. We republished a full set of charts that illustrate my points from Member Chat over at Seeking Alpha, so you can view them here, but let me share just two that I find relevant. For the first chart, let’s take a look at ALL the post-Depression Presidents, including the great and powerful Ronald Reagan, and see how they stacked up in providing jobs for the American people:
Ouch! Not looking good for the red team is it? In fact, this was only through August of ‘09 and did not include 2.8M job losses in Bush’s last 4 months in office. A feat of failure that put his Administration squarely in the red for the first time since Hoover sucked up the economy in the 20s.
Well, sure, the Republicans may suck at creating jobs but they shine on controlling spending, right. Ha, ha and ha ha again! There is not even a close contest there as Reagan, Bush and Bush ran up OVER $6Tn in debt in 20 combined years ($300Bn per year) while the dreaded Carter and Clinton caused a GRAND TOTAL of $548Bn (0.55Tn) to be added to the deficit in 12 combined years ($45Bn/year).
How about government spending (all these figures are on the linked charts, by the way)? Also no contest, since 1940, Republicans have added far more then Democrats and, in fact, the only modern President to ever significantly reduce government spending was Harry Truman, despite all those liberal programs that paid for our parents homes and sent them to college, etc.
"Ooh, ooh" - you may say, as you raise your hand for attention "What about the pork projects - those filthy Democrats love pork projects." No, so sorry but this is one of the funniest charts. Mr. Gingrich’s party took over the House and the Senate in the 1994 elections and controlled both houses every session other than 2001-2 (when Jeffords got disgusted and switched parties) through Dec. 2005 and LOOK WHAT THEY DID!:
THESE are the people who want you to vote them back in, THESE are the people who are making all the same promises they broke last time about spending and fraud and waste and family. Who was in control of Congress from 1995 through 2005, when Total Federal Spending DOUBLED? You may think politics is not about the markets but it’s ALL about the markets right now. We are teetering on the edge of a precipice and going back to the disastrous policies that drove us to the edge of a cliff in the first place is NOT going to make things better. Our future investing decisions will very much hinge on who is in charge and so will our economic futures as a nation.
Just look at the tremendous burden we face if we extend the Bush tax cuts. It’s bad enough if we don’t but perhaps we can cut back spending and grow a little faster to offset the doubling of our debt to GDP load between now and 2050 but CLEARLY, extending them is nothing short of National Suicide!
You can’t give Trillions of dollars of tax breaks to the top 5% while 20% of the bottom 95% are unemployed or under-employed! A healthy economy needs a healthy labor force, which leads to healthy consumer spending which leads to more wealth for everyone - the proverbial "bigger pie." Cutting back on the social safety net and running an austerity budget when 42M of your citizens (13.5%) can’t live without food stamps is simply immoral. They do still teach morals somewhere, don’t they?
In fact, here is yet another chart of the income growth rate of post-war America broken down by party and, once again, the Democrats CLEARLY deliver better economic results for all. Well, not all, the top 1% do not do as well by a small margin under the Democrats but the entire top 5% STILL DO BETTER when the Dems are in charge by a full 10%!
We just got the Non-Farm Payroll numbers and they show that we LOST another 95,000 jobs in September. A loss of 5,000 jobs was expected. Government payrolls shrank by 159,000 jobs (damn those Democrats and their cutbacks!) while private enterprise added 64,000. While Unemployment held steady at 9.6%, U-6, the broader and also official measure of Unemployment jumped from 16.7% in August to 17.1% in September. Even worse (and you won’t hear this in the MSM), March has now been revised down — wait for it — by 366,000 jobs! That’s right, we dropped 366,000 jobs in March vs. an originally reported up 50,000(ish) so an 800% miss in the data. Wow - good thing we didn’t know that then or the market might not have run up 7.5% between March 1st and April 26th! I wonder what other "lucky" statistical mistakes are being made during the current rally?
So don’t get me wrong, Democrats suck too but just not as much as Republicans and, since we really only have two choices - I have to go with the guys who at least have some kind of track record fixing an economy, because this one is TOTALLY BROKEN! Of course, poor unemployment numbers boosted the futures because futures traders are generally idiots who are in the highest tax brackets and only think in terms of how things affect them and no jobs means (in theory) more Quantitative Easing and low interest rates and cheap labor - it’s everything a Capitalist dreams of all coming true at once!
From a trading perspective - frankly my dears, we don’t give a damn. We are cashy and flexible and we hit shorts on the Dow yesterday for a quick 50% in yesterday’s Member Alert and we’ll be looking to do it again this morning if they are going to keep pretending that TERRIBLE news is good news. A test of 10,800 is my goal for today and, if not, we’ll certainly take some flyers for Monday, which is a semi-holiday in America which celebrate Columbus "sort of" discovering the country 500 years after Leif Ericson - all of which came as quite a surprise to the people who had been living there for thousands of years, who had this crazy idea that they had discovered the place…
We’ll have to digest this nonsense over the weekend and play it by ear into Member Chat this morning because anything can happen and probably will on what is likely to be a low-volume day. Sorry for the rant but I work feeding the hungry and that really touches a nerve for me so sorry, Newt, maybe you aren’t a totally disgusting, vile, son-of-a-bitch.
Ha! Ha, ha, ha, ha, ha, ha - ha! Ha, ha, ha. Ha!
Have a good weekend,
- Phil
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I don't give two shits about him as a politician, but anyone who'd serve his wife divorce papers while she's in chemo and hospitalized for breast cancer deserves to be drowned in an inch of weasel vomit.
but if he reduces the size of our federal monsters then he is a useful idiot, and is therefore part of the solution.
Come on now, people...
Isn’t it possible to disagree without being disagreeable? Is all the incessant name-calling really necessary? I mean really, doesn’t everyone deserve a little respect and common courtesy -- even a pathetic, brainwashed, ignoramus, hypocritical, boot-licking, tingly-legged, knee-pad wearing, elitist, propagandist, retarded troll like little Phil? After all, it’s obvious that Gingrich struck a nerve and hurt his little feelings; and he probably put a lot of time and effort into throwing this tantrum, and ginning up this political screed which would have made Joseph Goebbels semi-proud. He also deserves credit for his wonderful sense of humor! (The ”Obama-Democratic Recovery”? BHAHAHAHAHAHA!!!!) And, so what if he was more than 200 points off in his prediction for Friday’s market? So please, show a little sympathy and a little appreciation.
(And although I find the gratuitous vulgarity to be fucking reprehensible, it has given me a raging hard-on!)
Perhaps the greatest charm among the readership of ZH is their lovable, and completely understandable, resentment of authority and authority figures. Given the authority figures we’ve had in this country in recent memory, this scorn and derision is far from undeserved. Libtard fools like “MSNBC Phil” reserve this resentment and hatred for former Republican office holders, like Bush or Gingrich or Reagan, while giving a pass to their own out-of-touch, elitist, wealth-sucking, (penny-pinching, job-creating?) totalitarian ilk who are currently destroying the country. This is simply a matter of preference -- some people prefer to drive off the cliff at 90 miles-per-hour rather than 60 miles-per-hour -- and is a perfectly acceptable philosophy for how to end up at the bottom of a cliff.
For the aforementioned reasons, and having been given no choice, I must now order you all to remain silent.
(Especially Bruce, the suck-up;)
that just made me laugh out loud. i appreciate you taking the time.
4th worst ZH post ever. This flavor of propaganda really has no business here.
Ilene, Look at the comments you evoke, They love you/hate you. Keep pissing them off. It is what makes it fun. It is never safe defending one side or the other. I think both sides suck big time. That is why they like me.....
b
Hi Bruce, Yes, amazing amount of hate I've generated from total strangers who think they know me based on a post that pretty much says both parties suck, only the republicans suck more. And if we're measuring internet etiquette, I'd have to agree. If we're going to get rid of both parties and form a better one, it would help to have civil and productive dialogue about what needs to be changed and how to do it. I have more respect for idiots, retarded people and people who hold beliefs 180 degrees different from mine than for people on this message board who resort to name calling because they don't like the points Phil makes about the hypocrisy of the republican party.
you call this "productive", you self-serving cunt? grow up.
i used to 'reason' with monkeys like you, but soon realized that you will continue to believe what serves your ego rather than what serves your fellow american.
no worries. you'll get yours. me, and all of my friends, continue to buy more guns and more gold with the fiat crap that we are given in the market place. food stamps cannot exist without this system, and this system is ending.
good luck, bitch, you're going to need it.
No, you are not productive, you're really sick. I'm not going to bother with comments on this site anymore.
no more comments from you? BEST NEWS I'VE HEARD ALL DAY!
“It is no measure of health to be well adjusted to a profoundly sick society."
- Krishnamurti
Well!
This post was very useful; became very easy to measure the political fucktardism index of the average poster.
No wonder this country is so fucked up.
you are so "above it all". no wonder this country is so fucked up!
THEY TOOK OUR JOBS!!!!
http://www.youtube.com/watch?v=KLni3wbndls
pity is a drug.
http://www.wnd.com/index.php?fa=PAGE.view&pageId=212741
where are the third parties? where is gw and tj?
http://covert2.wordpress.com
Wow, I couldn't get through a quarter of this tripe. The "jobs" created by the Obama Admin were government jobs. I also understand that the government has decided that in order to qualify for Food Stamps you can be 200% above the poverty level! You can have a job, you can own a house, etc.! And how do you compare Progressive and Progressive Lite? Both parties have been infected with Commies. What we need is a Constitution Party, no Progressives/Marxists/Maoists/Socialists/Communists allowed!
truer words were never spoken.
well, I am currently an academic, have both lived in the hood and the 'burbs (each are equally awful in different ways); am a real minority (Cherokee. look up the trail of tears, spririt dance, etc. if you want to see a history that should make you sick about Americans). I've been on both sides of these issues, and recognize the hypocracy of objecting to helping people with food stamps on the grounds that someone, somewhere might be taking advantage. Most of the people who get them, need them. Period.
And what strikes me about much of all this is simply:
you can't trust the US government, but you should trust the corporations even less. The issue isn't free markets vs regulated markets, but between oligarchy and democracy. Currently there is oligarchy, with a democratic facede. That is what these charts and this post points towards, as does the suggestion that misinformation and ideology will always trump disinterested consideration of the fact.
(also, don't forget Leif Erickson didn't discover American any more than Columbus did. The native people did, ~25,000 years earlier.)
whatever happened to asking your neighbor if you can clean up some trash in his yard for a few bucks, Groucho? Doesn't anybody want to pick a few tomatoes anymore?
these government programs promote anti-social behavior and weaken our country.
its very big of you to be so generous with other people's money. you're such a "good person".
We're all individuals under the Constitution. isn't that enough? do you need to label yourself and get "group rights", too? last time i checked we are all cousins within 30,000 years. as someone in a mixed race marriage, i would never allow my child to accept the "minority" label. IT DIVIDES INDIVIDUALS, and you have taken the bait, hook, line, and sinker.
newsflash: your world of 'academia' is collapsing around you. i hope you enjoyed it while it lasted.
thank you for proving my point about ideology and inability to see beyond it. there isn't much else to say, really.
BTW, Cherokee isn't a race. (also, btw, your "constitution" which makes everyone an individual was used as the excluse to wipe out the native peoples.)
i have Cherokee blood in me, fuckwit, like a lot of americans. i also have ancestors that came over on the Mayflower.
thank you for missing my point completely, which is to say that NOTHING IS A "RACE". i mentioned my "mixed race" marriage to attempt speaking your failed language. obviously, the effort was futile.
yes, the Cherokee Nation was wiped out. Its on a long, long list of vicious human tragedies that we commit against each other. I wish the Cherokee would have been better armed and slaughtered the aggressors.
For the record, my distant grandmother, along with my distant grandfather and aunties and uncles, were viciously attacked by native americans. my grandfather had his throat cut and was scalped, all of the children were murdered, including a baby thrown against a tree, and my grandmother was scalped and left for dead. thankfully, she was both pregnant and crawled whilst dying all night back to the safety of a fort. as a result, she lived to a ripe old age wearing a scarf on her bald head and i am here today to listen to the bullshit coming out of your mouth.
what i do not do is wallow in self-pity about how one portion of my ancestors perpetrated crimes against the others. perhaps you could see things more clearly, you "marxist" piece of shit, if you had some "whitey" in you.
WE ARE ALL COUSINS WITHIN 30,000 YEARS. Such things as "race" are used to divide us. you are my cousin. i am yours.
stop trampling on my freedoms because you are bitter about pain that you did not directly experience.
p.s. a portrait of Sitting Bull, a man who was betrayed by lying politicians, takes up a wall-sized space in my home. i'm a big fan of anyone who stands against BIG GOVERMENT. his murder is a daily reminder to me to do the same.
you get me?
Excellent point: That is what these charts and this post points towards, as does the suggestion that misinformation and ideology will always trump disinterested consideration of the fact.
ilene, i hope you trade exactly according to how you understand the world works. you'll be needing those food stamps soon.
you're such a "good person". ha, ha, ha, ha, ha. what a joke.
You too simple minded to address the facts in Ilene's post?
i waste precious moments of my life reading complete horseshit and now you want me to take time to educate her and you, you smarmy little cunt?
...nevermind that Bush spent like a Dem, Clinton signed welfare reform, Nixon ended the gold standard (instead of reducing the size of government), and Kennedy cut taxes.
how one-dimensionally foolish can one piece of propaganda be?
policies take years to affect economies. on one hand, Dems whine that Obama "inherited" a bad economy; on the other, credit good times during Dem presidencies all to themselves. ...which is it?
Big government = slavery. Decentralization, and small state and local government = freedom. put that into a chart, idiot.
impeach President Flounder! Nobama!!
Tyler...seriously. This could be one of the worst postings you have allowed to grace your web page.
I thought it was a joke when I first started reading, then realized its actually real. Sad state america is in, we're augering into the hardpan real soon here. This country is finished, and infested with total fuktards.
just keep collecting guns and gold, and enjoy the collapse. our country has it coming. we used to be the greatest business people in the world, now it is difficult to find one among us.
public school indoctrination, central money planning, corporate and social welfare. who do we think we are? we're begging for what is about to come. i hope this bitch, Ilene, and the author, Phil, eat some led in the crime-filled streets when anti-social mobs raid their ivory towers.
Who is this Ilene and how did she become a Zerohedge contributor? Sounds like some kind of radical MSNBC lesbian political hack to me. Totaly inappropriate politics finger pointing BS content for the Zerohedge forum in my opinion. Reading this 'demican/republicrat' tripe makes me realize the country is totaly destroyed as so many people apparently still cant see past the bullshit fraud system in place. Really sad. I thought more people got it by now.
there are plenty of conservatives on this site, some liberal voices to counter balance are good, have a purpose...
Some Tea Partiers and libertarians and progressives aside, most mainstream establishment Repubs and Dems are not working for our common good. It is just as important that the huge holes in Repub talking point be exposed as it is for exposing Dems.
I think ZH mostly stands for/attracts something that is not partisan, many Tea Baggers, Libertarians and Progressives alike can agree that Wall Street owns our govt and it must stop.
ZH does an excellent job exposing the joke our markets have become, the corruption, the manipulation, and secret polices of the Feds. What are the solutions to this mess?, better regulation, end the Fed, better policing, fairness and equal protection under the law, exposed corruption, transparent markets, no govt involvement?..we can argue about these things, but there is much to agree. However, most of it won't be Fox News talking points, because Fox is no less pro Wall Street and insider crony businesses than CNN or CNBC is.
moneymutt, the New York Stock Exchange has failed to police those who list on their exchange. They should charge a large fee to list on the exchange in order to pay for this "self-policing".
Conversely, the CME Group rigorously investigates its members and indirectly, through Futures Clearing Merchants, those who trade on its exchanges. There has never been a default by a counter-party throughout all these volatile years.
Additionally, the The National Futures Association (NFA) is an independent self-regulatory organization and watchdog of the commodities and futures industry in the United States. The NFA oversees and protects investors from fraudulent commodities and futures activities. The NFA also provides mediation and arbitration for resolving consumer complaints. NFA is headquartered in Chicago, IL and also maintains an office in New York City.
The SEC is a massive failure. we do not need more SEC. Do not reward this failing group of big government buffoons with more taxpayer money (power), because the NYSE has FAILED TO POLICE THEMSELVES (and those who list on the exchange) appropriately.
As a result, folks are protesting by leaving publicly traded companies on the NYSE in droves. what do i care?
nobody tells you to trade publicly traded companies. trade at your own risk. caveat emptor.
or, join me, and do not trade publicly traded companies at all because the game is rigged and, as a result, will soon come crashing down as we all continue to...
BUY GUNS AND GOLD, BITCHEZ!!!
Why do drones like Irene all sound retarded?
People love Party BS, don't they? People are blind, blind to the facts. That the Grinch should even fucking commanding a stage is pathetic. This, from the guy who during his time in office pulled in more pig feed for his district than any other district save D.C.? Yes, Ilene is right to point out what a fucking loser this guy is.
That (fact) stated, the other side of the (same) coin is just as big a loser (though they don't do so out of overt hate):
http://www.regressiveantidote.net/Articles/Bucking_Up_For_Barry.html
Dislcaimer: I voted for Ron Paul when he appeared on my ballot. Only anti-BIG folks get my vote.
word.
Get lost Ilene. You're so partisan I automatically hate you. I'll read your stupid article after I tell you how much you already suck just from reading your title.
Keep drinking your Kool Aid Sucker!
Definition of a Republican: 95% of a Democrat. There is no difference between Republicans and Democrats other than the rhetoric. They are statist, corrupt, do not represent the voter, and are the pawns of Wall Street. If you vote Republicrat your are a fool.
Phil? Ilene? whoever you are,
you're an emotional fool. governments do not "create" jobs; this is a BROKEN WINDOW FALLACY.
but they do waste other peoples hard earned wealth:
http://news.yahoo.com/s/ap/20101007/ap_on_go_ca_st_pe/us_stimulus_checks...
the 'stimulus' and Obamacare are the nails in the coffin for Keynesian spending and the welfare state.
you're not a "good person". you are treasonous. since when did America become the land of handouts? it is supposed to be the land of opportunity. we cannot have big government and big opportunity at the same time. they are mutually exclusive. it is clear where you stand. now fuck off and prepare to get your ass handed to you in November.
i hope someday you eat some lead.
gold and guns, bitchez!!!!!!!!!!
Freaking worst piece of vapid political BS finger pointing I've ever read on Zerohedge by far, I demand my 5 minutes of wasted time and IQ reduction refunded immediately.
Come on Ilene.....
Obama wanted the job. He raised millions to acquire it. He debated others to obtain it. He said after elected, that once sworn in he and his people would "fix the economy." Just last year he said "We've turned the corner." This politics as we know them. Try growing up a bit here. At some point this mess became his and he and his people don't anticipate the events that happened under his reign and apply fixes to Dubya's problems that obviously haven't worked.
As the election gets closer, the Democratic partisans are going to shriek more and more and throw even bigger tantrums. What a bunch of babies. We've been hosed for a long time. It began with the inception of the Federal Reserve, an institution neither party has sought to end or even rein in. This travesty has been unfolding for decades. For a brilliant as you believe Barrack to be, he wasn't able to see, what nearly everyone here has seen, coming down the tracks. He's a status-quo dolt who deserves what he and his party has coming to him as much as McCain and his party deserved what happened to them two years ago.
+2010.
Yeah "facts are stupid things". Go back to your american dream. The fact that the USA will not run the world is all I need.
My plan to have you destroy yourself is going well. How could it fail?
Fuck em let em starve, its time to start weeding out some of these drains on society.
Maybe put them in camps or something like that. Of course they should be treated well.
Best ever 'Treck' episode... nice avatar!
Oh, and don't fret the junk(s)... went right over their heads.
Newt’s a big fat liar and an empty suit. He tells the lazy and the stupid what to think, it works for Republicans.
wow, Eric, you're a bootlicking elitist cunt! nice picture.
http://www.theastuteinvestor.net/index.html
keep peddling your elixir, dumbfuck.
p.s. i hope someone puts a bullet in your head you treasonous twat.
Tyler / Marla... this one has to go... NOW, before he (it) gets so worked up he decides to act out one of his homicidal fantasies!
ha, ha. i wouldn't waste the bullet. some other malcontent will do it. there are neighborhoods breeding contempt for the very hands that feed them. i'll be way, way out in the country when it all unfolds, SRV.
i'm glad i got your attention. America would be a much stronger country without corrupt government monopolies 'for the good of the people'.
i'd bet my right arm that the tens of thousands of dollars i've given to charity over the years well exceeds your contributions, but i've got as real problem with others being generous with my money. as a result, i am protesting by buying gold. i am protecting my home with firearms, from bandits like you.
and now you wish to take away my free speech?
..that figures, SRV. silence me rather than compete in the arena of ideas. You would have made a great Nazi. i hope someone puts a bullet in your head, too.
Thirty years ago the top 1% had 8% of earned income... in 2008 it was 23% (after 8 years of W and the GOP). The last time that happened was in 1928 (the top 1% had just over 23% of income)... you do know what happened in /29 don't you... if not, let me tell you it didn't turn out real well.
And... you have all this anger aimed at the "re-distribution of wealth" that commie Obama is orchestrating to pamper the lower class... cause Glenn, Newt, Sarah, Rush (...) say you have a constitutional obligation to fight (otherwise know as "drinking the kool-aid") that at all cost.
Where is the anger at the elete (who fund the Tea Party, the GOP, and Faux News), who are laughing all the way to the bank? Hey, don't worry, I'm sure they appreciate your efforts in support of their initiative to divide the masses (along social, racial, and economic lines), and put the GOP back in control where they belong, to continue the slaughter and get that number up over 25% for the first time ever... go team go!
You sir, are a true patriot.
SRV, i appreciate that you are fighting for the little guy. i do not agree you are going about it the right way.
it is clear that any BIG GOVERNMENT MONOPOLY program, whether it be our standing army, food stamps, social security, transportation, banking, car manufacturing, health insurance, or farm subsidies, to name JUST a few, are open to corruption and manipulation by corporate and labor forces. Addtionally, federal social welfare systems are 'gamed' by the disinfranchised and create more and more generational dependency. most social welfare programs perpetuate broken homes by their very existence. plus, they do a very poor job of discerning between those who are deserving of help and those who are gaming the system as a way of life.
Dems, just like the Republicans, continue to increase the flow of power towards D.C. and never away.
Decentralization is now in order. let local folks decide what is good for them. let local folks help each other out. Poltical parties continue to label us, and big government continues to divide us, whether it be Republican big government or Democrat big government.
we can agree to disagree. i appreciate that you at least take the time to respond thoughtfully.
for the record, the Bush administration disgusted me with, not only the spending, but also the erosion of civil rights as it related to the 'war on terror'.
we've got to get control and money back to the local level because this has gotten way out of control. i guarantee the elitist in both the Republican and Democrat Parties have a long list of folks they are going to 'save' before you and I, SRV.
peace!!