Tag: first black president

Guess who the collectivist policies of our first black president have hurt the most?

Or is he really the second black president, since Bill Clinton already laid claim to that whole “first black president” meme? Heck, I have even heard several African Americans make the claim that Obama wasn’t a genuine black man anyway with that “honkey” mother of his. But that’s not the point of this post, this sad bit of news is:

The unemployment situation across America is bad, no doubt. But for African-Americans in some cities, this is not the great recession. It’s the Great Depression. Take Charlotte, N.C., for example. It is a jewel of the “new South.” The largest financial center outside of New York City, it’s the showcase for next year’s Democratic National Convention. It was a land of hope and opportunity for many blacks with a four-year college degree or higher.

According to an analysis by the Economic Policy Institute, in Charlotte, N.C., the unemployment rate for African-Americans is 19.2 percent. If you add in people who have given up looking for jobs, that number exceeds 20 percent, which, according to economists Algernon Austin and William Darity, has effectively mired blacks in a depression. “You’re looking at a community that is economically depressed in my opinion,” Austin said. “And we need action that will address that scale of joblessness.”

And while this piece then even brings up issues of race while discussing this effect on the African American workforce – of all things by comparing how frequently black criminals are called back for a second interview compared to white criminals, which I simply can not fathom as an indicator of anything other than a warning not to be a criminal if you want to hold a decent job – the fact remains that the massive economic downturn that these leftists & their policies & priorities have assured will be around for a long while still, are behind the abysmal job situation, impacting middleclass blacks the worst.

Less jobs, as the reference to the Pew Research Center pointing out does, currently means that black middleclass households are the ones losing their accumulated wealth and assets, as a percentage of overall worth, the fastest.

The recession – or depression — in the black community is rapidly eroding the black middle class. At its convention in Boston this week, the National Urban League released a troubling report on that topic. It found that the recession has virtually wiped out all of the economic gains blacks made in the past 30 years.

And a new report from the Pew Research Center drives home just how bad things are out there. It found that in 2005, the average net worth for white households was $134, 992. For black households, it was $12,124. (That’s not a typo.) In 2009, the number dropped to $113,149 for whites and a paltry $5,700 for blacks.

In the mean time the first black president and the democrats are busy focusing on growing big government and expanding the amount of private sector money they can get their hands on and control at the cost of everything else. It’s not like the middleclass black community will have a choice. Now that they are poorer, they are going to need government handouts even more, so it’s a win-win for team Obama. I hope that wasn’t the plan from the start. I wonder when MSNBC will talk about this issue. Maybe the African American caucus in congress can enlighten us….

What’s really behind all of Obama’s problems?

Well, Jim Clyburn doesn’t believe that the Keynesian “save government jobs” project they sold as the must economic salvation of a lifetime, the stimuluspatronage bill, tapping the tax payers for $1 trillion plus by the time all is set and done, and basically doing nothing more than saving countless federal and state government jobs in democrat friendly country was a disaster. Nor is it government’s heavy handed approach to TARP, which allowed them to takeover a “too big to fail” business like GM for their union buddies, or loan money to their friends on Wall Street, all while demonizing them with a wink and a nod, that affected this. Hey, they even managed to let the architects of the greatest economic collapse of this century, Mr. Dodd and Mr. Franks, write new regulations that strangely do nothing to address the fundamental problems behind our economic implosion – the idiotic belief government should force lending to bad risks, use Freddie & Fannie to then cover up the disastrous undertaking, encourage speculation on those repackaged piles of shit, and then back these lenders up with tax payer money – but are horribly anti-private sector, but that’s not it either. It also certainly isn’t the fact that, while controlling all three branches of government, team blue jacked up government spending at a record pace, has run annual deficits at or close to $ 2 trillion, tacking over $5 trillion to the national debt in the last 4 or so years that they have controlled the purse, and has designs to keep doing so for the foreseeable future, to the tune of over $10 trillion in just the next decade, regardless of the inevitable conclusion that this kind of fiscal policy leads to. And what about the federal government’s move to take over healthcare, controlling the trillions of dollars in this segment of our private sector as well, as the precursor for a single payer system, with a plan that is so transparently idiotic – tax us for a decade then provide 5 or 6 years of service and claim it saves a few measly billions over that decade while ignoring that the plan will add a minimum of a trillion, and likely triple or more of that based on past experience with these social projects government puts together – that it baffles me anyone pretends it will do anything but hasted our economic demise. Or the energy policy, or should we say the lack of energy policy, that this WH is pursuing after it failed to pass the “Cap & Tax” scheme and push billions of dollars, in the name of the green economy, to democrat friendly (that means big donors) corporations. Let’s not forget the Obama DOJ and its selective enforcement of laws that threatens to make us all lose confidence in the legal system. Clyburn doesn’t even believe Obama adding another war and ignoring congress or the UN are bad, because Obama said it was a “kinetic engagement” or some such nonsense. Not even the constant narcissism is to blame.

Anyway, Clyburn basically believes that it’s not that Obama’s policies are dumb, no siree, its that those that the racist are behind these things in the first place!

WASHINGTON — House Assistant Democratic Leader Jim Clyburn, the highest-ranking African-American in Congress, on Wednesday blamed most of President Barack Obama’s political problems on racism.

Clyburn, who’s from South Carolina and is a close ally of the president, offered his views in response to a question about Obama’s re-election prospects next year. “I think they’re improving every day,” Clyburn said. “I think the president has been a good president, a great commander in chief.”

Clyburn, who met his wife at a 1960 court hearing after spending a night in jail for having engaged in a civil rights protest in Orangeburg, S.C., then brought up Obama’s race as the first black president.

“You know, I’m 70 years old,” he said. “And I can tell you; people don’t like to deal with it, but the fact of the matter is, the president’s problems are in large measure because of the color of his skin.”

Ah yeah. The guy isn’t an incompetent campaign organizer with delusions of grandeur and whatever the opposite of the Midas touch is, well on his way to replacing Carter as the worst president of the last 50 years, no way, he is accosted by racists that undermine everything great he does.

Hey Clyburn, about the only thing I think that could be worse for America about Obama is that somehow we get President Biden, a honkey in the parlance of race hucksters like you, and yes, I think Biden would be far more disastrous than even 4 more years of that inept tool Obama. Besides, the only color I see when I see Obama is red. The guy is a communist that’s hell bent on destroying the greatest nation on the planet. That or he is an inept, unqualified fool in a job he won because the media helped him pull an American Idol on too many people. Bite me you racist bastard Clyburn.