Showing posts with label Obamas Legacy. Show all posts
Showing posts with label Obamas Legacy. Show all posts

Sunday, January 8, 2017

The Real Legacy



January 7, 2017

The Real Legacy

The Liberal Media bias will explain that this number is inline with the Bush Administration.. However, if you look at the numbers, the Bush years went from 70 million to almost 80...Obama took it from almost 80 million to 95, a doubling from the Bush years.

Anyway you shake it, this is a disgrace.

Record 95,102,000 Americans Not in Labor Force; Number Grew 18% Since Obama Took Office in 2009

By Susan Jones | January 6, 2017 | 8:49 AM EST

 (CNSNews.com) - Barack Obama's presidency began with a record number of Americans not in the labor force, and it's ending the same way.
The final jobs report of the Obama presidency, released Friday, shows that the number of Americans not in the labor force has increased by 14,573,000 (18.09 percent) since January 2009, when Obama took office, continuing a long-term trend that began well before Obama was sworn in.


In December, according to the Labor Department’s Bureau of Labor Statistics, a record 95,102,000 Americans were not in the labor force, 47,000 more than in November; and the labor force participation rate was 62.7 percent, a tenth of a point higher than in November.

The participation rate dropped to a 38-year low of 62.4 percent on Obama's watch, in September 2015. It was only 3-tenths of a point higher than that last month.


People over age 16 who are no longer working or even looking for work, for whatever reason (retirement, school, personal preference, or gave up), are counted as not participating in the labor force.

When President Obama took office in January 2009, 80,529,000 Americans were not in the labor force, the highest number on record. That number rose steadily during his two terms, reaching a record 95,055,000 in November 2016, then setting another record (95,102,000) in December.

BLS said the December unemployment rate increased a tenth of a point to 4.7 percent, well below the Obama-era high of 10 percent. Last month, a record 152,111,000 Americans were counted as employed, up 63,000 from November; and the number of unemployed stood at 7,529,000, an increase of 120,000 from the prior month.

But people who stop looking for a job are no longer counted as unemployed.



In an interview with a Chicago reporter yesterday, Obama said he has done "an enormous amount" to create greater economic opportunity for Americans.

"I took an economy that was about to go into a Great Depression, and we've now had a little over six years of straight economic job growth, an unemployment rate that's down below 5 percent, and incomes that have gone up and poverty that has gone down." 

Obama also conceded that "there are still folks out there who struggle and communities that are still depressed." He called it an "ongoing battle."

"We have to continue to work to make sure that kids are getting the best education they can, that jobs are being located so that people in need can access them, and that's going to be something that I suspect we'll all be working on, and folks will still be working on after I'm gone."

During Obama’s two terms in office, the number of employed Americans reached its lowest point – 138,013,000 – in December 2009. Eight years later, in December 2017, 14,098,000 Americans have been added to the employment rolls.

The government collects payroll taxes from Americans who work, and some of that money is spent on government programs that support people who do not work. So the more who work, the better for the economy.

In December, the nation’s civilian noninstitutionalized population, consisting of all people age 16 or older who were not in the military or an institution, reached 254,742,000.  Of those, 159,640,000 participated in the labor force by either holding a job or actively seeking one.

The 159,640,000 who participated in the labor force equaled 67.3 percent of the 254,742,000 civilian noninstitutionalized population.

According to BLS, total nonfarm payroll employment rose by a lackluster 156,000 in December. Over the past 3 months, job gains have averaged 165,000 per month.

Among the major worker groups, the unemployment rates for adult men (4.4 percent), adult women (4.3 percent), teenagers (14.7 percent), Whites (4.3 percent), Blacks (7.8 percent), Asians (2.6 percent), and Hispanics (5.9 percent) showed little change in December.

The number of long-term unemployed (those jobless for 27 weeks or more) was essentially unchanged at 1.8 million in December and accounted for 24.2 percent of the unemployed. In 2016, the number of long-term unemployed declined by 263,000.

The business and economic reporting of CNSNews.com is funded in part with a gift made in memory of Dr. Keith C. Wold.

Friday, December 30, 2016

Burning the House Down...Obamas Last Stand



December 30, 2016

Burning the House Down...Obamas Last Stand


What a child. A tantrum pouty child. Yes Barak Hussein Obama is quickly descending down to the dregs of Presidential Has-beens.

Obama's Legacy is what Obama is really lusting after, and this will be good for a few Liberal Left Loons, however for mainstream America, he is quickly becoming a bad taste in our mouths.Which is really too bad as almost everyone had some hope for Obama. We, for the most part, wanted him to succeed.

He didn't. Although he claimed he did. It took Donald Trump to scratch the record and start a new conversation.

The last days of Obamas Administration are sure to be anger and angst filled, as Obama continues to piss off allies and non-allies alike, steal lands for government set asides and do everything in his power to make President Trumps start to be difficult.

You have no honor Obama, you have no care for your fellow man, just yourself and your progressive liberal imbeciles.

Lets look at some of the carnage from Obama

First of all, it seems that Russia and Turkey have brokered a cease fire deal...without the US.

This is a slap in the face to Obama and proves that the rest of the world doesn't need Obama to engage cease fires.

After all, Obama wants everyone to think of him as a man of peace, right?

Cease-fire brokered by Russia and Turkey begins across Syria


A cease-fire announced by the Syrian government went into effect across the country early Friday as part of a broader deal that includes a return to peace talks after more than five years of a war.
Forces loyal to Syrian President Bashar al-Assad reestablished control over the northern city of Aleppo earlier this month, forcing rebels to flee what was once their largest stronghold and handing the government a victory that appeared to bring the war’s endgame into view.

The Assad government, backed by Russia and Iran, is now in its strongest position since the start of the war, while rebel groups are mostly boxed into the northwestern province of Idlib and hold no strategically significant urban areas.

To read more, click here:


Now we move to the "Russian Hacking" issue

Obama under pressure to prove Russian interference in election


The Obama administration is under intense pressure to release evidence confirming Russian interference in the presidential election before leaving office.

The administration up until now has provided little documentation to back up its official October assessment that the Russian government was attempting to interfere in the U.S. election.

Nor has it corroborated subsequent leaks from anonymous officials contending that the CIA believes the campaign was an attempt by Russian President Vladimir Putin to ensure Donald Trump’s victory. 
President Obama has ordered the intelligence community to produce a complete review of its findings before Trump takes office on Jan. 20. The White House has said it will make as much of the report public as it can.

But officials have warned that the document will contain “highly sensitive and classified information” and it is unclear how much concrete evidence it will be able to release.
Releasing any documentation of Russian interference would be a slap in the face to Trump, who has rejected assertions that the Kremlin was involved in the hacks on the Democratic National Committee (DNC) and Hillary Clinton campaign chairman John Podesta.

The president-elect and his team have treated any suggestion of Russian involvement as an attack on the legitimacy of his election, and Republican leaders in Congress have treaded carefully on the issue.

The firestorm ignited by the CIA’s assessment has spurred calls from both parties for the administration to provide proof of Russian meddling.

In late November, seven Democrats on the Senate Intelligence Committee urged the White House to declassify “additional information concerning the Russian Government and the U.S. election.”
As of last week, they had not yet received a response.

The House Intelligence Committee earlier this month demanded a briefing on the subject but was rebuffed by intelligence leaders, who said they will not brief Congress again until the completion of the report for the White House.

 re documentation. 
Vice journalist Jason Leopold and Ryan Shapiro, a Ph.D. candidate at the Massachusetts Institute of Technology (MIT), filed a Freedom of Information Act (FOIA) lawsuit against the CIA, the FBI, the Department of Homeland Security and the office of the director of national intelligence seeking records pertaining to Russian interference. 
And even Trump’s transition team has said the White House should provide definitive proof to back up its claims.

"If the CIA Director [John] Brennan and others at the top are serious about turning over evidence … they should do that," Trump aide Kellyanne Conway said earlier this month. "They should not be leaking to the media. If there's evidence, let's see it."

Which leads to this....note the next to last paragraph.


Investigators linked the Russian government to hacks of Democratic Party organizations.

The document makes clear reference to the hacks of the Democratic National Committee (DNC) and Hillary Clinton campaign chairman John Podesta, though it does not mention either by name. 
The 13-page report provides technical details regarding tools and infrastructure used by Russian civilian and military intelligence services to “compromise and exploit networks and endpoints associated with the U.S. election, as well as a range of U.S. Government, political, and private sector entities.” (See the entire report below.)

The report, known as a “Joint Analysis Report” or JAR, refers to the Russian hacking campaign as “Grizzly Steppe.”  

It comes as part of a slate of retaliatory measures against Russia issued Thursday by the Obama administration in response to the hacks, and expands on a joint statement issued by the two agencies in October, formally attributing the attacks to Russia.

In the October statement, officials described the the hacks and subsequent publication of stolen emails on WikiLeaks as an attempt to “interfere” with the U.S. election that is “consistent with the Russian-directed efforts,” but provided no evidence to support their assessment.

President-elect Donald Trump has denied that Russia was involved in the hacks, and Obama has been under pressure to provide proof. 

 

The luxurious, 45-acre compound in Maryland being shut down for alleged Russian espionage


On Thursday afternoon, the Obama administration announced its long-awaited retaliation for what has been characterized as Russian interference in November's presidential election.
Among the wide-ranging measures, the White House announced that the State Department would be closing two Russian-owned compounds — one in Maryland and one in New York — that it says were used by Russian personnel for intelligence-related purposes. It is also declaring 35 Russians “persona non grata” for their alleged role in intelligence operations.

How hidden were these alleged spy compounds? At least in the case of Maryland, the answer is simple: not very.


The compound in Maryland sits on around 45 acres of land at Pioneer Point, a peninsula where the Corsica and Chester rivers merge — around a 90-minute drive from downtown Washington, by the Eastern Shore town of Centreville in Queen Anne's County.

The site was purchased by the Soviet government in 1972, and became something of a resort for Soviets living in the United States. It is the former estate of John J. Raskob, a former executive for DuPont and General Motors perhaps best known as the builder of the Empire State Building. The Soviets later added to the estate by making a deal with the State Department, which received two properties in Moscow in return.

At the time of its purchase, there was some resistance to the sale of the building to the Soviets, with the local newspaper reporting there were “fears of nuclear submarines surfacing in the Chester River to pick up American secrets and defectors.”

But by 1974, the New York Times reported that many locals had been won over, with the help of dinner parties and gifts of vodka and caviar. “As far as neighbors are concerned you couldn't ask for better,” Joe Handley, a former estate manager for Raskob, told The Washington Post in 1979. “They don't bother anybody.”

A reporter from the local Star Democrat newspaper in Easton visited the site in 1987 — in large part because of the long-standing rumors that it was being used for espionage. The resulting article, also published in The Post, noted the tall chain-link fence outside the compound and the video cameras monitoring the gate, but also the lime-green bungalows, swimming pools and numerous tennis courts.

“Tomorrow we have a game,” one tennis player identified as Yevgeny told the reporter. “We have a tournament with the International Monetary Fund. They have a beautiful team. But this year, God knows who will win.”

After the turmoil of the collapse of the Soviet Union, Pioneer Point was bought by the Russian Federation — at the time, the Associated Press reported its value was $3 million. Local residents told the AP that they didn't have any problems with the Russians who visited the compound.
''I live down the road from them. We fish and crab with them. There's usually one that speaks English for the group,'' a woman named as Bonnie Delph told the AP.

The compound has been in the news very little since then. Nine years ago, the Russian ambassador to the United States, Yuri Ushakov, invited a reporter from Washington Life magazine to tour the grounds, explaining that for him it was like the traditional Russian summer house, or dacha, he was used to back home. “Because we have such a hectic life in Washington, we need a place to hide for a while,” his wife, Svetlana, was quoted as saying.

A man who answered the phone for a number listed online for the Pioneer Point compound said it was a wrong number, before adding that he did not speak English.

On Thursday, U.S. officials would not confirm the location of the New York compound being shut down — saying only that it was a 14-acre property on Long Island that had been purchased by the Soviet government in 1954. However, a number of Russia-watching bloggers pointed towards the Killenworth estate on Dosoris Lane in Glen Cove, which acts as the country home for Moscow's delegation to the United Nations. The grand country house was once owned by American philanthropist George Dupont Pratt.


Obama Names New Monuments in 2 States

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Shalom
Jerry

Saturday, December 24, 2016

A Cup Of Drunkenness



December 24, 2016

A Cup Of Drunkenness








Yesterdays non-veto vote at the UN from the United States, sent a clear message to the world at large, they don't regard Israel...at all.

It has been evident through the past eight years that Obama has no love at all for Israel, or the Jewish people. It is a huge conundrum for us Christians here in the States as to why the Jews would even think of backing Obama but they do. Makes no sense to us.

It is also apparent to the Christians that Israel is right in the midst of fulfilling Bible Prophecy.

Lets look at it.

Jesus came and was rejected by His people and nation Israel. God gave the responsibility of sharing His message to followers of Yeshua, Jesus.

God allowed the Romans to lay waste to Jerusalem and He dispersed the Jews across the world. He did not allow His chosen people the Jews to be utterly destroyed. Instead He has given them unique talents to survive while Christ has built His Church over this past 2,000 years.

To the Jew, they have no mind for their Messiah, God says in His word that a blindness has come over the Jew.

Fast forward to 1948. Israel is reborn, from almost 2,000 years of destruction. The land was in a state of desolation.

Mark Twain visited the land in 1867. He wrote about the Jew and the Land. I'll let his words speak

On The Jew

"If the statistics are right, the Jews constitute but one quarter of one percent of the human race.  It suggests a nebulous puff of star dust lost in the blaze of the Milky Way.  Properly, the Jew ought hardly to be heard of, but he is heard of, has always been heard of.  He is as prominent on the planet as any other people, and his importance is extravagantly out of proportion to the smallness of his bulk.

His contributions to the world’s list of great names in literature, science, art, music, finance, medicine and abstruse learning are also very out of proportion to the weakness of his numbers.  He has made a marvelous fight in this world in all ages; and has done it with his hands tied behind him. He could be vain of himself and be excused for it.  The Egyptians, the Babylonians and the Persians rose, filled the planet with sound and splendor, then faded to dream-stuff and passed away; the Greeks and Romans followed and made a vast noise, and they were gone; other people have sprung up and held their torch high for a time but it burned out, and they sit in twilight now, and have vanished.

The Jew saw them all, survived them all, and is now what he always was, exhibiting no decadence, no infirmaties, of age, no weakening of his parts, no slowing of his energies, no dulling of his alert but aggressive mind.  All things are mortal but the Jews; all other forces pass, but he remains.  What is the secret of his immortality? "

- September 1897 (Quoted in The National Jewish Post & Observer, June 6, 1984)

The Land

“ ...[a] desolate country whose soil is rich enough, but is given over wholly to weeds-a silent mournful expanse....A desolation is here that not even imagination can grace with the pomp of life and action....We never saw a human being on the whole route....There was hardly a tree or a shrub anywhere. Even the olive and the cactus, those fast friends of the worthless soil, had almost deserted the country.”

- 1867 (Quoted in Mark Twain, The Innocents Abroad. London: 1881)


God says to the Land


Ezekiel 36: 6-12

“Therefore prophesy concerning the land of Israel, and say to the mountains, the hills, the rivers, and the valleys, ‘Thus says the Lord God: “Behold, I have spoken in My jealousy and My fury, because you have borne the shame of the nations.”  

 Therefore thus says the Lord God: “I have raised My hand in an oath that surely the nations that are around you shall bear their own shame. 

 But you, O mountains of Israel, you shall shoot forth your branches and yield your fruit to My people Israel, for they are about to come.  

 9 For indeed I am for you, and I will turn to you, and you shall be tilled and sown.

 10 I will multiply men upon you, all the house of Israel, all of it; and the cities shall be inhabited and the ruins rebuilt.  

11 I will multiply upon you man and beast; and they shall increase and bear young; I will make you inhabited as in former times, and do better for you than at your beginnings. Then you shall know that I am the Lord.

 12 Yes, I will cause men to walk on you, My people Israel; they shall take possession of you, and you shall be their inheritance; no more shall you bereave them of children.”

God said He was going to bring Israel back into the land, and in 1948 this happened. A reading of Ezekiel 36-39 will detail what has already happened in our lifetime and what IS coming on Israel.



Now, lets look at yesterday.

The UN told Israel they cannot build in their land.  The old names are Judea and Jerusalem. What does God say about this?

Zechariah 12: 1-3

12 The burden[a] of the word of the Lord against Israel. Thus says the Lord, who stretches out the heavens, lays the foundation of the earth, and forms the spirit of man within him:  

“Behold, I will make Jerusalem a cup of drunkenness to all the surrounding peoples, when they lay siege against Judah and Jerusalem.  

And it shall happen in that day that I will make Jerusalem a very heavy stone for all peoples; all who would heave it away will surely be cut in pieces, though all nations of the earth are gathered against it.


To the UN, I would say to be aware that your actions are against God Himself. You will lose.

Obama shafts Israel



NEW YORK DAILY NEWS
Saturday, December 24, 2016, 4:10 AM

Four weeks before he leaves the White House, Nobel Peace Prize laureate Barack Obama betrayed the principles of peace, the State of Israel and America’s values by letting a lynch mob at the United Nations mug the only democracy in the Mideast with a resolution that calls for no Jews to live in the Jewish Quarter of the Old City of Jerusalem or to pray at the Western Wall, the last remnant of the Second Temple of antiquity.

This obscenity, on the eve of Chanukah, when the ancient Israelites freed the Holy City and the Second Temple from pagans, should have been immediately vetoed by Israel’s ally, the United States. Instead, President Obama stood aside as the UN Security Council voted unanimously for a measure which has the force of international law.

Ostensibly aimed at Israeli settlements on the disputed West Bank, which should be subject to direct negotiations with the Palestinians, the text declaims that Israeli presence on “territory occupied since 1967, including East Jerusalem, has no legal validity and constitutes a flagrant violation under international law and a major obstacle to the achievement of the two-State solution and a just, lasting and comprehensive peace.”

In the real world outside the Turtle Bay nuthouse dominated by dictators and tyrants, a “just, lasting and comprehensive peace” will come only when, after decades of avoiding talks, Palestinians sit down with Israel and cut a deal.

It’s going to be hard for both sides, but Israeli Prime Minister Benjamin Netanyahu and all of his predecessors back to 1948 have waited for an Arab partner. Netanyahu is still waiting. Now, the Palestinians and their weak, corrupt leader, Abu Mazen, will believe they will never have to negotiate since the UN has already decided.

Settlements are not the problem. The lack of peace is. And there is no peace because Netanyahu is sitting at the peace table by himself.

Instead of making a two-state future more likely, Obama has done the opposite.
While it’s true that only one President serves at a time, Donald Trump was absolutely right to demand a veto. As was the GOP leadership in Congress. As was Senate Democratic leader Chuck Schumer. But Obama and Secretary of State John Kerry, who is frustrated that he’s not going to get a Nobel Peace Prize to match Obama’s, didn’t care.

So Obama and Kerry broke with decades of American practice and let the wolves at Israel.
Israeli Ambassador Danny Danon, outnumbered and without even a vote, asked: “Would you ban the French from building in Paris?” But logic didn’t prevail. Illogic hatred for the Jewish state did.
Who cares that right next door to Israel in Syria, a bloodbath is displacing millions? It’s time to get the Jews because America has stood down.

Not everyone is unhappy. The terrorists of Hamas, who control Gaza like a prison, cheered: “We emphasize the need to turn such a resolution into action, not only to halt settlements but to eradicate Israel’s occupation in all its forms.”

That means, after Jerusalem is cleared of Jews, next up is Tel Aviv.

What a nice Chanukah gift from Obama to the people of Israel.

It is my prayer that God will not split our land like we just voted to split HIS land.

Remember we have a massive earthquake fault zone which runs smack dab in the middle of the US from the Gulf of Mexico to almost Canada.

The New Madrid Fault Zone



NEW MADRID:



Most of the major earthquakes in the world occur at tectonic plate boundaries where land masses are colliding or pushing past one another. But in the middle of the country lurks a geological enigma near New Madrid, Missouri, that has produced some of the largest quakes on record for the United States but has yet to be fully explained by scientists.

"It’s a big mystery," said geologist Eugene Schweig of the U.S. Geological Survey, who has studied the area for 23 years. "New Madrid is about as far from a plate boundary as you can get."

In 1811 and 1812, a swarm of at least three massive earthquakes struck near New Madrid, the largest of which exceeded a magnitude 8 and caused violent, damaging shaking in an area 10 times larger than did the 1906 earthquake. The quake was felt over an area of two million square miles — nearly two-thirds of the country.

During the quakes, the ground rose and fell, trees were bent, deep cracks opened up in the ground, large landslides swept down hills, huge waves washed boats out of the Mississippi River and river banks, islands and sand bars gave way.

We have played with fire, God have mercy on us.

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Shalom'
Jerry





Wednesday, December 21, 2016

Obama's Legacy



December 21, 2016

Obama's Legacy.

7 billion-dollar businesses that didn’t exist before Obama took office

Number One is Uber. It seems that this company is the golden child of the Obama Administration. Why?

This business is all over the airwaves about getting people to drive for them. However, this was just released


This business is being touted as the hallmark business from Obamas 8 year tenure. What about other businesses?

Here is a list of some companies that Obama supported, these have gone out of business. They are mainly of the Green Energy genre.

From The Daily Signal.

It is no secret that President Obama’s and green energy supporters’ (from both parties) foray into venture capitalism has not gone well. But the extent of its failure has been largely ignored by the press. Sure, single instances garner attention as they happen, but they ignore past failures in order to make it seem like a rare case.

The complete list of faltering or bankrupt green-energy companies:
  1. Evergreen Solar ($25 million)*
  2. SpectraWatt ($500,000)*
  3. Solyndra ($535 million)*
  4. Beacon Power ($43 million)*
  5. Nevada Geothermal ($98.5 million)
  6. SunPower ($1.2 billion)
  7. First Solar ($1.46 billion)
  8. Babcock and Brown ($178 million)
  9. EnerDel’s subsidiary Ener1 ($118.5 million)*
  10. Amonix ($5.9 million)
  11. Fisker Automotive ($529 million)
  12. Abound Solar ($400 million)*
  13. A123 Systems ($279 million)*
  14. Willard and Kelsey Solar Group ($700,981)*
  15. Johnson Controls ($299 million)
  16. Brightsource ($1.6 billion)
  17. ECOtality ($126.2 million)
  18. Raser Technologies ($33 million)*
  19. Energy Conversion Devices ($13.3 million)*
  20. Mountain Plaza, Inc. ($2 million)*
  21. Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
  22. Range Fuels ($80 million)*
  23. Thompson River Power ($6.5 million)*
  24. Stirling Energy Systems ($7 million)*
  25. Azure Dynamics ($5.4 million)*
  26. GreenVolts ($500,000)
  27. Vestas ($50 million)
  28. LG Chem’s subsidiary Compact Power ($151 million)
  29. Nordic Windpower ($16 million)*
  30. Navistar ($39 million)
  31. Satcon ($3 million)*
  32. Konarka Technologies Inc. ($20 million)*
  33. Mascoma Corp. ($100 million)
*Denotes companies that have filed for bankruptcy.

The problem begins with the issue of government picking winners and losers in the first place. Venture capitalist firms exist for this very reason, and they choose what to invest in by looking at companies’ business models and deciding if they are worthy. When the government plays venture capitalist, it tends to reward companies that are connected to the policymakers themselves or because it sounds nice to “invest” in green energy.
The 2009 stimulus set aside $80 billion to subsidize politically preferred energy projects. Since that time, 1,900 investigations have been opened to look into stimulus waste, fraud, and abuse (although not all are linked to the green-energy funds), and nearly 600 convictions have been made. Of that $80 billion in clean energy loans, grants, and tax credits, at least 10 percent has gone to companies that have since either gone bankrupt or are circling the drain.

CORRECTION:
Figures for four companies have been updated: Beacon Power received $43 million from the U.S. government, not $69 million as originally reported. Azure Dynamics received $5.4 million from the federal government, not $120 million as originally reported. Compact Power Inc. received $151 million as part of the stimulus, not $150 million as originally reported. Willard and Kelsey Solar Group received $700,981 in government funding, not $6 million as originally reported.
The following companies have been removed from the original list: AES’s subsidiary Eastern Energy, LSP Energy, Schneider Electric, and Uni-Solar did not receive government-backed loans, based on additional research. The National Renewable Energy Lab did received $200 million in stimulus funding, but it is a government laboratory.

Additional research provided by Michael Sandoval

Ego-Enviornmentalism

It was just announced today that Obama has signed off on a provision of a law that allows him to make off limits millions of acres of "federal" offshore undersea lands for off shore drilling. 

This is not to say that these lands are currently being considered by oil companies for exploration, but to unilaterally take this off the table is short sighted, and politically ego-driven.

What actions should President Trump take?

I've often thought that if the Federal Govt would make our energy production and development a matter of National Security, that would trump (pun intended) the current ping-pong battle between environmentalists and business.

As a nation we need secure energy sources, any clear thinking person will agree.
I am certainly not a person who thinks that trashing Gods world is something to take casually. We have been given dominion over the earth and we need to take it seriously, so responsible energy production and consumption is something we all should take seriously.


Businesses that are moving have moved out of the US during Obamas tenure.


This is where a corporation buys a foreign company and then moves its headquarters to that location to take advantage of the corporate tax laws. In effect making a US business a foreign business.

What businesses have done this?

On Tuesday, Burger King announced that it would spend some $11 billion to buy Tim Hortons Inc., a Canadian breakfast food chain, then merge Burger King into it, thereby turning what was once a major American company into a major Canadian one. As the Washington Post reports, Burger King would “move the company’s headquarters to Canada, where corporate taxes are significantly lower.”

This process, called inversion, has been occurring more and more often, despite the fascistic suggestion by President Obama that headquartering outside the United States represents a betrayal of God and country. Members of the Obama administration have taken to labeling business inversions a lack of “economic patriotism” – presumably under the assumption that to stay in America, cut jobs, and lose all profits in order to pay higher taxes represents a sort of higher moral value than moving one’s headquarters and continuing to pay millions of workers and reward consumers with better and cheaper products.
Sadly, the Obama administration’s policies have driven more and more industries out of the country. Since 2008, more than two dozen companies have taken advantage of inversion. Here are seven other companies that have shifted production out of America in order to avoid our ridiculous regulatory schemes, or are considering the possibility of doing so:
Walgreens. Walgreens seriously considered inversion this month, but walked away from moving its headquarters to Europe after purchasing Alliance Boots GmbH. That decision drove Walgreens stock down. Walgreens’ board only decided against inversion, according to the Wall Street Journal, because “the board felt that the arrangement might not easily pass muster with the Internal Revenue Service and created the potential to be hung up in litigation for a decade.”
Pfizer. The pharmaceutical giant has been in on-again, off-again talks to buy Britain’s AstraZeneca in order to take part in a tax inversion. In May, Pfizer walked away from a deal to buy AstraZeneca for some $118 billion – but now, the deal is reportedly back on the table. According to Reuters five days ago: 
Pfizer Chief Executive Ian Read has made clear he is still considering big deals to revive his firm’s pipeline and cut its tax bill – something buying AstraZeneca would allow it to do via a so-called inversion that would shift its tax base to Britain.
Should AstraZeneca not become part of the deal, other companies, like GlaxoSmithKline, could.
Medtronic. Medtronic, a huge medical technology firm, has acquired Covidien, and will adopt Ireland as its legal headquarters. As the Wall Street Journal reports, here is the deal: “Medtronic agrees to call Ireland its legal home, and in return it gets to bring $1 billion or more into the U.S. without penalty.” The deal was for some $43 billion.
Tim Hortons. The company Burger King now seeks to buy participated in what is called a “naked inversion” itself in 2009. It started off as a Canadian company, according to the Congressional Research Service, but was bought by Wendy’s in 1995, then went independent in 2006.
Liberty Global. In 2013, Liberty Global bought Virgin Media for $23.3 billion. The merger, according to BBC, created “the second biggest pay-TV business after BSkyB” as well as “the world’s largest broadband company, with 25 million customers in 14 countries.” Most of the company’s revenue was earned in Europe. Richard Branson, previous owner of Virgin Media, became a 2 percent stakeholder in the new entity. Upon inverting, the tax rate for Liberty Global dropped to 21 percent, and the company was exempted from taxes for several years, according to the American Bar Association.
Chiquita Brands. Just this month, Chiquita participated in an inversion deal, buying Fyffes of Ireland and relocating its headquarters there. The company stated, “Chiquita remains committed to completing its transaction with Fyffes, which it believes will create a combined company that is better positioned to succeed in a highly competitive marketplace while driving strong performance and value for shareholders.”
Eaton. When Eaton bought Cooper Industries and headquartered in Ireland, Eaton saved approximately $160 million on taxes. The companies explained, “Incorporating as an Irish company provides significant global cash management flexibility and associated financial benefits.” As Bloomberg News noted:
Eaton’s effective tax rate for 2011 was 12.9 percent and its rate for 2010 was 9.5 percent, according to company filings. In 2011, lower taxes on its non-U.S. operations made up more than half of the difference between the company’s effective tax rate and the 35 percent top U.S. rate.
Overall, some 25 major companies have participated in tax inversions since President Obama took office. That trend will continue to accelerate as President Obama ratchets up the rhetoric and threatens harsher action against companies that dare to buck his high-tax priorities.



WASHINGTON — On the morning of Jan. 21, 2017, his first full day in office, President Donald J. Trump will take a minute to settle behind the 19th-century Resolute desk, first used in the Oval Office by John F. Kennedy.
Then he will get very busy — if he follows through on his campaign promises for what he will do on his first day in office.
On Day 1, Mr. Trump has promised, he will redirect immigration enforcement, alter trade relations with China and other nations, relax restrictions on energy production, impose new rules on lobbyists, halt efforts to combat global warming, lift curbs on guns, push for congressional term limits and demand a new strategy for defeating the Islamic State. He may face some legal and procedural hurdles, but most of his Day 1 pledges involve issuing presidential directives, executive orders or memorandums that do not need legislative approval.
Although Mr. Trump and his top advisers have appeared to moderate some of his broader campaign pledges — they have suggested he might keep parts of the Affordable Care Act, delay building a wall along the border with Mexico and not appoint a special prosecutor to investigate Hillary Clinton’s emails — Mr. Trump has said nothing to indicate that he will not make good on his explicit Day 1 promises, many of which he delivered in his “Contract With the American Voter” during a speech in late October in Gettysburg, Pa.
Moving quickly is, after all, a modern presidential tradition. On his first day in office, President Obama imposed lobbying rules, closed secret interrogation facilities, banned torture and ordered the prison at Guantánamo Bay closed (an order that Congress has blocked to this day). Bowing to conservatives, on his first day, President George W. Bush ended funding of overseas clinics that provided abortion services.

To recap, Obamas legacy is a firecracker fizzle. I believe that any in depth delving onto his administration will yield a spaghetti strand mess of  cronyism deals and shady actors.

I think we'll see more influence by the Islamists than we imagined, and evidence more hatred towards the blue collar people who opposed him and his socialist methods.

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Shalom
Jerry