Tag Archives: recession

23 percent of Americans in their prime working years are unemployed, which is 3.5 million MORE than before the recent recession

When you look at only Americans that are from age 25 to age 54, 23.2 percent of them are unemployed right now. The following analysis and chart come from the Weekly Standard

Here’s a chart showing those in that age group currently employed (95.6 million) and those who aren’t (28.9 million):

Americans In Their Prime Working Years Not Working

“There are 124.5 million Americans in their prime working years (ages 25–54). Nearly one-quarter of this group—28.9 million people, or 23.2 percent of the total—is not currently employed. They either became so discouraged in trying to find a job that they left the labor force entirely, or they are in the labor force but unemployed. This group of non-employed individuals is more than 3.5 million larger than before the recession began in 2007,” writes the Republican side of the Senate Budget Committee.

Clearly, we have never recovered from the impact of the last recession.

But let’s try to put these numbers in context.

Below, I would like to share two charts with you. They show what has happened to the inactivity rates for men and for women in their prime working years in the United States in recent years.

In order to be considered “inactive”, you can’t have a job and you can’t be looking for a job. So this subset of people is smaller than the group that we were talking about above. The 23.2 percent of Americans in their prime working years that are unemployed right now includes those that are looking for a job and those that are not looking for a job.

These next two charts do not include anyone that has a job or that is currently looking for a job. These charts only cover “inactive” people in their prime working years that are not considered to be in the labor force.

As you can see in this first chart, the inactivity rate for men in their prime working years exploded higher during the last recession and then continued to go up even after the recession supposedly ended. At this point, it is hovering near all-time record highs. Does this look like an “economic recovery” to you?…

Inactivity Rate Men

For women, we see a similar thing. In this next chart, you can see that the inactivity rate for women in their prime working years rose during the last recession and then just kept on rising. At this point, it is also hovering near all-time record highs…

Inactivity Rate Women

What are we to make of all this?

For both men and women in their prime working years, the inactivity rate is even higher than it was during the last recession and is hovering near the all-time record.

All of these people neither have a job nor are they looking for one.

So what in the world is going on here?

Are they independently wealthy?

Have these people found rich spouses to marry so they don’t have to work?

No, the truth is that the middle class in America is steadily eroding and poverty is absolutely exploding. Credit card debt has soared to a new record high, and 48 percent of all U.S. adults under the age of 30 believe that “the American Dream is dead”.

The issue isn’t that people don’t want to work.

The issue is that people cannot find enough work.

And even if you have a job, that does not mean that you are on easy street. According to the Social Security Administration, 51 percent of all American workers make less than $30,000 a year.

Tens of millions of Americans are now among the ranks of “the working poor”. So many families are watching their expenses soar while their paychecks go down or stagnate. If you are in this situation right now, then you probably know how exceedingly stressful it can be.

Just look at what is happening to the cost of health insurance. The following comes from Fox News

Health insurance premiums have increased faster than wages and inflation in recent years, rising an average of 28 percent from 2009 to 2014 despite the enactment of Obamacare, according to a report from Freedom Partners.

And I am not exactly sure where they got those numbers. Personally, I know that my health insurance rates have gone up far faster than that.

Two years ago, my health insurance company wanted to double the health insurance premiums for my family even though we never get sick. So I switched to another insurance company that offered a policy that was only about 30 percent higher than my last one. But then when it came time to renew, that insurance company wanted to raise my rate by another 50 percent.

Thanks to Obamacare, American families are being absolutely crippled by the cost of health care. And of course we are seeing the rising cost of living so many other places as well. Our paychecks are being squeezed harder and harder, and this is absolutely killing the middle class. In fact, the middle class in America is now a minority for the first time ever.

And now for the real bad news – this is about as good as things are ever going to get in this country. As you can see from what I have shared above, we never really had any sort of meaningful “economic recovery”, and now we have entered the early phases of the next major downturn.

So where do we go from here? Unfortunately, our debt-fueled prosperity has provided us with a massively inflated standard of living that is not even close to sustainable. As this bubble bursts, the economic pain is going to be absolutely unprecedented.

 

[from TheMostImportantNews.com]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

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Economic numbers now screaming it’s panic button time…

Panic button time in US and around the globeWe haven’t seen numbers like these since the last global recession.  I recently wrote about how global trade is imploding all over the planet, and the same thing is true when it comes to manufacturing.

We just learned that manufacturing in China has now been contracting for seven months in a row, and as you will see below, U.S. manufacturing is facing “its toughest period since the global financial crisis”.  Yes, global stocks have bounced back a bit after experiencing dramatic declines during January and the first part of February, and this is something that investors are very happy about.  But that does not mean that the crisis is over.  All bear markets have their ups and downs, and this one will not be any different.  Meanwhile, the cold, hard economic numbers that keep coming in are absolutely screaming that a new global recession is here.

Just consider what is happening in China.  Manufacturing activity continues to implode, and factories are shedding jobs at the fastest pace since the last financial crisis

Chinese manufacturing suffered a seventh straight month of contraction in February.

China’s official Purchasing Managers’ Index (PMI) stood at 49.0 in February, down from the previous month’s reading of 49.4 and below the 50-point mark that separates growth from contraction on a monthly basis.

A private survey also showed China’s factories shed jobs at the fastest rate in seven years in February, raising doubts about the government’s ability to reduce industry overcapacity this year without triggering a sharp jump in unemployment.

For years, the expansion of the Chinese economy has helped fuel global economic growth.  But now things have shifted dramatically.

At this point, things are already so bad that the Chinese government is admitting that millions of workers are going to lose their jobs at state-controlled industries in China…

China’s premier told visiting U.S. Treasury Secretary Jacob Lew on Monday his government is pressing ahead with painful reforms to shrink bloated coal and steel industries that are a drag on its slowing economy and ruled out devaluing its currency as a short-cut to boosting exports.

Premier Li Keqiang’s comments to Lew on Monday were in line with a joint declaration by financial officials from the Group of 20 biggest rich and developing economies who met over the weekend in Shanghai. They pledged to avoid devaluations to boost sagging trade and urged governments to speed up reforms to boost slowing global growth.

Across all state-controlled industries, as many as six million workers could be out of a job, with almost two million in the coal industry alone.

But it isn’t just China.  Right now manufacturing activity is slowing down literally all over the planet, and this is exactly what we would expect to see if a new global recession had begun.  The following chart and analysis come from Zero Hedge

As the below table shows, 28 regions have reported so far. Seven saw improvements in their manufacturing sectors in February, twenty recorded a weakening, and India was unchanged. This means that over 70% of the world saw manufacturing sentiment deteriorate in February compared to January.

February Manufacturing Numbers - Zero Hedge

In terms of actual expansion, there were 21 countries in positive territory and 7 in negative. In particular, Greece moved from neutral to contraction territory, while Taiwan dropped below breakeven from expansion.

Unfortunately, most Americans don’t really pay much attention to what is going on in the rest of the world.  For most of us, what really matters is what is happening inside the good ole USA.

And of course the news is not good.  There were more signs of trouble for U.S. manufacturing in the February numbers, and this continues a trend that stretches back well into last year.  The following is what Chris Williamson, the chief economist at Markit, had to say about these numbers

“The February data add to signs of distress in the US manufacturing economy. Production and order book growth continues to worsen, led by falling exports. Jobs are being added at a slower pace and output prices are dropping at a rate not seen since mid-2012.

“The deterioration in the manufacturing sector’s performance since mid-2014 has broadly tracked the dollar’s rise, which makes US goods more expensive in overseas markets and leads US consumers to favour cheaper imported goods.

“With other headwinds including the downturn in the oil sector, heightened uncertainty due to financial market volatility, global growth worries and growing concerns about the presidential election, it’s no surprise that the manufacturing sector is facing its toughest period since the global financial crisis.

Over the past couple of decades, the U.S. economy has lost tens of thousands of manufacturing facilities.  We desperately need a manufacturing renaissance – not another manufacturing decline.

As good paying manufacturing jobs have been shipped overseas, they have been replaced by low paying service jobs.  As a result, the middle class is shrinking and the ranks of the poor are exploding.

It is hard to believe, but today more than 45 million Americans are on food stamps, and a significant percentage of those individuals actually have jobs.  They are called “the working poor”, and it is becoming a major crisis in this nation.

And no matter what Obama may say, unemployment remains a major problem in the United States as well.  At this point, unemployment rates in 36 states are higher than they were just before the last recession hit in 2008.

Of course a lot of people are going to look at this article and point to the stock market gains of the past couple of weeks as evidence that “things are getting better”.  It is this kind of clueless approach that is keeping the American people from coming together on solutions to our problems.

The truth is that the United States has been experiencing economic decline for decades.  Our economic infrastructure has been gutted, the middle class is steadily deteriorating, and we have amassed the biggest pile of debt in the history of the world.

Anyone who believes that things are “just fine” (OOOObama is one of them, at least according to what he keeps telling us) is in a massive state of denial.  Consuming far more wealth than we produce is not a formula for a sustainable economy.

 

[by Michael Snyder, writing for The Economic Collapse Blog]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

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Average daily discretionary spending by Americans not increasing…

Gallup just released the results of a poll asking Americans how much money they spent in a day on discretionary items, excluding major home purchases and regular bills. Respondents are asked how much they spent “yesterday,” or the day before they were contacted by the pollster.

The results of this poll show a lot of seasonal variation in daily spending, with upticks during the summer months and before Christmas, and lower spending in the winter and fall. This means the most useful comparisons to make to the current poll are with responses from June in previous years.

Gallup noted that, while self-reported spending is up from the years following the financial crisis and the Great Recession, June 2015’s average daily spending of $90 is essentially unchanged from June 2013 and 2014:

Discretionary spending in US

NORM ‘n’ AL Note:  You will see above that spending was substantially lower in the 2009 to 2012 period, when it slowly began to increase as people felt more confident about the US economy’s recovery. But if the economy IS recovering, why has discretionary spending remained level during the past three years? This is the question the Gallup poll is asking…along with many other Americans.

 

As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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The Fed’s cheap-money giveaway is killing America…ticking time bomb warning of a recession dead ahead…

“Rarely have so many large economies been so ill-equipped to manage a recession” and “the next bust will be unlike any other”

 

Next recession is on the horizon, but no one is prepared...

Yes, the clock’s ticking louder, louder, warns the Economist, “only a matter of time before the next recession strikes.” Unfortunately, the “rich world is not ready.” America’s not prepared. You are not ready.

Get it? America’s 95 million investors are at huge risk. Remember the $10 trillion losses in the crash and recession of 2007-2009? The $8 trillion lost after the dot-com technology crash and recession of 2000-2003? This is the third big recession of the century. Yes, America will lose trillions again.

Especially with dead-ahead predictions like Mark Cook’s 4,000-point Dow correction. And Jeremy Grantham’s warning of a 50% crash around election time, with negative stock returns through the first term of the next president, beyond 2020. Starting soon.

Why is America so vulnerable when the next recession hits? Simple: The Fed’s cheap-money giveaway is killing America. When the downturn / correction / crash hits, it will compare to the 2008 crash. The Economist warns: “the world will be in a rotten position to do much about it. Rarely have so many large economies been so ill-equipped to manage a recession,” whatever the trigger.

With today’s near-zero interest rates, our Fed and central banks worldwide have little “wiggle room” to add more monetary stimulus. And even if Congress decided to act on the much needed, highly effective “growth boosting investment in infrastructure,” today’s zero interest makes it impossible “to launch a big fiscal stimulus.”

No wonder Grantham says the “next bust will be unlike any other.” The Fed and central banks worldwide have taken on all this leverage that was out there and put it on their balance sheets,” giving trillions to the top 1%, the world’s 1,826 billionaires, accelerating the inequality gap and fueling a new people’s revolution.

Investors unprepared for 50% stock market losses dead ahead

Meanwhile, distractions are everywhere: It’s not just happy talk about a roaring bull market in tech, a modest recovery, GDP growth topping 2%. Rather it’s the relentless buzz on America’s 24/7 media choking the American mind with trivia.

One: The bizarre presidential primaries featuring the carnival barker of the Trump Casinos gambling against the Koch Bros, the owner of the Vegas Sands and 15 other contestants in their wild-card game of “Political Jeopardy” being played for control of the GOP brand (but no regard for the will of the American people).

Two: Another soap opera is the historic morality war with Pope Francis and billions of revolutionaries pitted against the 19th century Grand Climate Science Denying Fossil Fuel Conspiracy of Big Oil and the GOP. And both these soaps are almost as much fun as “Jurassic World,” Nascar racing and the network daytime soaps combined.

Then of course there’s all the Clash of the Titans between two political dynasties, the heir apparent of the Bush crown versus the Clintons for the right to take over as titular head of a tenuous global anarchy of 1,826 billionaires, 67 of whom own half the assets of the entire world, the one percent whom politicians bow to more than the other 99% of America’s citizens.

Yes, with 95 million average investors risking it all in the volatile Wall Street casino, it’s virtually impossible for any normal folks to concentrate on the ticking time bomb that’s warning of a recession dead ahead … when the bubble pops and the bear takes over the economy … because it really is “only a matter of time,” as the Economist keeps warning that the “rich world,” the Fed, Congress, all America really is not ready for a new recession … and neither are you.

America is its own enemy, trapped in new irrational exuberance

What’s even more disturbing than the near certainty of Grantham, Cook and the Economist in the dark predictions is what’s driving them:  America’s self-delusional narcissism, overoptimism and irrational exuberance from the happy-talking bulls, which sets us up for huge losses, as in the recessions of 2000-2003 and 2007-2009, with trillions in lost market cap.

Individually and collectively, whether Washington, Corporate America, Silicon Valley or Main Street, most Americans secretly believe in the American Dream, at least for themselves, perpetual opportunity, perpetual growth, perpetual prosperity. When we surveyed Wall Street years ago we found a 93% bias toward positive thinking, and a tendency to ignore or substantially discount bearish signals, to “accentuate the positive, minimize the negative.”

This behavioral tendency puts individual investors, stock markets, even nations at great risk. Harvard financial historian Niall Ferguson, author of “Colossus: The Rise and Fall of the American Empire,” asked rhetorically in a Los Angeles Times column:

“America, a Fragile Empire: Here today, gone tomorrow … could the United States fall that fast?” Yes. America could fall very, very fast, triggering an economic collapse with losses in trillions, the historic game-changer demanding a political course correction, like the 1908 antitrust laws, the 1932 banking and securities laws … or today’s massive takeover of American government by an anarchistic oligarchy of superrich billionaires.

Next crash, an ‘accelerating sports car … a thief in the night!’

The point, it’s sudden, fast, and you won’t see it coming. Nor will America’s leaders. Unprepared, says the Economist, unable to act in time to avoid the recession dead ahead.

Says Ferguson, “for centuries, historians, political theorists, anthropologists and the public have tended to think about the political process in seasonal, cyclical terms … we discern a rhythm to history. Great powers, like great men, are born, rise, reign and then gradually wane.”

In that scenario, “whether civilizations decline culturally, economically or ecologically, their downfalls are protracted.” We believe “the challenges that face the United States are often represented as slow-burning … threats seem very remote.”

“But what if history is not cyclical and slow-moving but arrhythmic?” What if history is “also capable of accelerating suddenly, like a sports car? What if collapse does not arrive over a number of centuries but comes suddenly, like a thief in the night?”

What if the collapse of our great capitalist world is dead ahead, in the next decade? What if we’re so deep in denial, we are totally unprepared, thanks to today’s zero-interest Fed policy? Yes, you’ve been forewarned: America, and you, are in a loud, rapid countdown to another crash and recession and negative returns till 2020 … tick … tick … tick …

 

[by Paul B. Farrell, writing for MARKETWATCH]

 

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
612.239.0970

 

 

 

 

 

 

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Obama “making his political situation worse by crowing about the success of the economy” …

People vote with their pocketbooks.  That has pretty much always been true, and it will be true in November 2014. With that in mind, the president has begun to try and convince voters that the Obama economy is working for them.

At Milwaukee Laborfest in Wisconsin this past weekend, President Obama spoke about how he and the Democrats believe the American economy has strengthened over the last six years. The president told the crowd that “by almost every measure, the American economy and American workers are better off than when I took office.” That just isn’t true. And a trove of new analysis proves my point.

A definition of being off-message is when a politician says things to people that differs from what they observe for themselves. Happy talk about the economy doesn’t fool anybody; it makes them angry. According to a George Washington University Battleground poll released today, 54 percent of voters disapprove of the job President Obama is doing on the economy. Even more telling, an NBC News/Wall Street Journal poll from August showed that 49 percent of Americans still think we are in a recession. In that same poll, 76 percent said that they do not feel confident “that life for our children’s generation will be better than it has been for us.”

Mr. ObummerThe truth is, in many ways Americans are worse off today than they were before the recession. Sentier Research released a report showing that median household income is down 4.8 percent from December 2007, when the recession began, and down 3.1 percent from the end of the recession in June 2009. The last time I checked, having less money was not an indication that we are better off.

And, as The Post reported recently, some stunning data from the Pew Charitable Trust shows that from 2007 to 2014, not one state has reported employment gains. Bear with me. This means there is not one state where the percentage of people working today is higher than the percentage of people who were working in that state before the recession. Plus, overall, only 76.2 percent of people aged 25 to 54 are working today, compared with 79.9 percent of that age group who were working in 2007.

The labor force participation rate is still incredibly low, at only 62.9 percent. Democrats can crow about how the unemployment rate has now decreased to 6.2 percent, but the primary reason for that drop is not because people have gone into comfortable retirement; it’s because they can’t find a job. So when the president says that “more folks are working,” people are left shaking their heads, wondering if the president doesn’t know, doesn’t care or thinks it is effective to be deceitful.

There are just too many bothersome facts about the lack of growth and jobs in today’s economy. This administration is the most anti-business administration since World War II, and people who want to work notice.

I don’t ever expect the president to stand in front of a crowd and say “woe is me, I’m a failure,” but when he goes out there and pats himself on the back, crowing about the success of the Obama economy, he only makes his political situation worse.

[by Ed Rogers, writing for The Washington Post]
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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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Consumers hoarding cash in wake of ‘Great Recession’…

With wounds from the Great Recession still fresh, chastened Americans are hoarding more cash in their checking accounts than at any time in the last 25 years.

The defensive stance, uncharacteristic of previous periods of low inflation and an improving economy, reflects how debt-burdened Americans have striven to clean up their personal finances since the recession ended five years ago.

The lack of attractive investment alternatives, with savings accounts paying next to nothing and the stock market already at lofty heights, is another factor, financial analysts said.

A recent report released by bank consulting firm Moebs Services Inc. calculated the average balance for U.S. checking accounts at $4,436 at the end of last year — more than double the average of $2,100 over the 25 years of the annual survey.

During good economic times, when unemployment and inflation are low, the average balance in consumer checking accounts is about $1,400, the survey noted.

“When times get difficult, the consumer sits things out and checking balances get larger, normally upward to $3,000 or a bit beyond,” the study said. “Generally there is higher unemployment, lower inflation and falling prices.”

By contrast, free-spending Americans had allowed their checking accounts to drop to an average of just $788 in 2007, the last year before the near-meltdown of the nation’s financial system, according to the study by the Lake Bluff, Ill., firm.

The Moebs report, previously confidential for its clients, is fresh evidence of how the devastating economic downturn worldwide has changed consumer habits, especially on spending and saving.

As people have been cleaning up their financial houses, they have only slowly increased spending, and that has helped to slow the recovery because spending typically represents about two-thirds of economic growth.

The study was based on Federal Reserve reports and proprietary data from 2,800 banks and credit unions, said economist G. Michael Moebs, who heads the firm. Moebs said he released the findings for the first time because he is confident his numbers could be off by no more than 10%.

“If it’s off by 10%, the amount in the accounts is $4,000 instead of $4,400,” Moebs said. “So what? It’s still twice what we’ve seen in the past.”

Moebs said the trend is challenging for financial firms, reducing their income from overdraft fees. He is urging his clients to prepare for a big withdrawal of funds whenever depositors decide the economy is strong enough for them to use the cash to pay down mortgages, take a vacation or buy cars.

UCLA economist Lee Ohanian said the study shows that despite a recent burst in jobs — employers have added more than 200,000 net new jobs in each of the last five months — there remain “some very troublesome issues in the economy.”

Until recently, much of the decline in unemployment was from people dropping out of the job market, he said. “Our employment-to-population ratio is still very low.”

Growth in productivity is running at less than half its usual rate, Ohanian said, and the number of long-term unemployed remains high.

“That weighs on people’s minds,” he said. “They think, ‘If I lose my job will I be out of work for two years?’ It’s scary.”

The result, he said, has been a wave of caution, with Americans paying down old debts, thinking twice about new borrowing and keeping cash on hand as a safeguard.

“A lot of people got badly burned picking up too much debt” in the years leading up to the recession, Ohanian said. “Now they are scared about where to put their money, especially after a huge run-up in the stock market. Savings accounts don’t pay much, and stocks go up and down. You could lose your nest egg.”

Mark Zandi, chief economist at Moody’s Analytics, agreed that crisis-bred caution factored into the trend, but said rising employment is likely to have contributed to the rise in checking balances as well.

“There is more income,” he said. “I think it’s going to take time for consumers to catch up — to increase their spending to match the improvement in jobs.”

Zandi said he suspected that much of the increase in average checking balances reflects more affluent families allowing cash to pile up for now rather than paying down mortgages carrying rates as low as 3.5% or pouring more money into stocks and bonds.

In Yuba City, however, people of mostly modest means — farmers, retirees, long-distance commuters to Sacramento and San Francisco — also are padding their balances, said John Cassidy, chief executive at Sierra Central Credit Union.

“Consumers should be applauded for cleaning up their credit. They’re smarter now, more aware of charges, and the level of overdrafts has dropped dramatically,” Cassidy said.

“During the bubble periods — this started in the late ’80s, really — people didn’t bat an eye at running up hundreds of dollars in overdrafts. They figured, ‘It’s a part of my lifestyle, I’ll just build it into my budget,'” he said. “That has changed.”

[by E. Scott Reckard, writing for The Los Angeles Times]

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As always, posted for your edification and enlightenment by

NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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Megyn Kelly tells America what’s wrong with Obama and his presidency in less than 90 seconds…

If you asked Americans to say what’s wrong with Obama and his presidency, many of us would probably start talking and not stop for at least an hour or more. There has never been a more corrupt president in the history of our nation, nor one who cared less about the country he has sworn to uphold and protect. Mr. O (or Mr. Zero, if that’s how you see the initial) is the least qualified president the US has ever elected, and it shows more and more as his second term plods on.

Megyn Kelly of Fox News doesn’t need an hour to tell us what’s wrong with President Zero.  In perhaps the most masterful rant since Obama took office in January 2009, Kelly completely spells it out in less than a minute and half. Her well-chosen words were:

Megyn Kelly of Fox News and The Kelly File“Is Barack Obama’s presidency imploding? Al Qaeda is resurging, Iraq is disintegrating and now we may look to Iran to help us stop it. Iran, a terrorist regime responsible for the deaths of thousands of Americans. What could possibly go wrong?”

“We have drawn red lines in Syria that we refused to enforce. We stood by as Russia seized part of Ukraine and now we are releasing top Taliban leaders as the Afghanistan war is still going. Not to worry they tell us, Qatar’s going to watch them for a year, we hope.”

“Domestically we have a president who has lost the trust of the American people by repeatedly misleading them. He bypasses Congress, the people’s representatives on matters ranging from Obamacare to immigration law, to the point where one of the most respected liberal law professors in the country has called our president the very danger our constitution was designed to avoid.”

“The American public overwhelming regrets implementation of Obamacare, our veterans are dying waiting to see doctors, the IRS intimidates conservative groups, the southern border is compared to a sieve and the president tries to tell us not to worry. Smiling. Golfing. And at this very moment partying with fashion queen Anna Wintour because the fund raising never stops. Not when four Americans died in Benghazi and not when Baghdad is at the brink.”

In 82 seconds Kelly blasted Obama with enough fire power to sink his ship.

I would have added Obama’s war on Christianity, destruction of the American military, the destruction of marriage, Operation Fast and Furious that led to the deaths of 2 American law enforcement officers and over 300 Mexican civilians, his constant raising of taxes which he promised not to do, and his treasonous acts of aiding and abetting known enemies of the United States.

Had any president in history committed half the crimes that Obama has, they would have been removed from office a long time ago. Had any president in the past committed treason like he has they would have been hauled out and either shot or hung by the neck.

Yet this criminal continues to walk freely through the hallowed halls of the White House. He is free to continue his tyrannical and illegal reign over our nation and he is free to continue to destroy the America that we all knew and loved. I can’t help but ask what is the power behind Obama that allows him to openly defy the Constitution, Congress and federal laws any time it suits him?

Could it be that this is God’s judgment on our nation for turning so far away from Him and His statutes? Are we now experiencing God’s judgment for murdering millions of unborn children and openly embracing the abominable lifestyle of homosexuality? Are we being judged for removing God from almost every aspect of public life? As we have removed Him, is He removing His blessing that once allowed our nation to thrive?

Consider carefully the words of Megyn Kelly and then ask yourself if this is God’s judgment for what we have done to Him. If you’re not sure, read through parts of the Old Testament to see how God repeatedly judged His chosen people, the Jews,  for turning away from Him. Also read how God restored His blessings to His people after they repented of their sins and returned to Him.
The only hope we have of returning our nation to its past glory is for our leaders and our people to repent and once again embrace God, Jesus Christ, and the Bible!

[by Dave Jolly, writing for GODFATHER POLITICS]
[NORM ‘n’ AL Note:  If the USA continues on its present path without God, do not be surprised if we soon find ourselves cast adrift on the turbulent sea of world affairs. Do not be surprised if we see the USA decline even further in world opinion; if we see the US dollar decline in value and purchasing power; if we watch the US economy go through a downward spiral that becomes deeper and longer than the recent recession; and if other countries around the world, particularly China, Russia, and/or India, surge past us in world importance and impact. “The land of the free and the home of the brave” is not going to seem so welcoming and secure if God abandons us to our folly, just as He turned away from the Jews in the book of Judges when “every man did what was right in his own eyes” by refusing to acknowledge our Lord and Creator.]
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As always, posted for your edification and enlightenment by
NORM ‘n’ AL, Minneapolis
normal@usa1usa.com
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