Friday, July 20, 2012

That Sucking Sound ....The Obama Economy

While obama is trying to convince everyone that the fate of the nation hangs on seeing Romney's tax returns and when he left Bain this seems to be no big deal.

Ten Pieces of Bad Economic News the Media's Covering Up

by John Nolte19 Jul 2012, 9:00 AM PDT87post a comment

Except for number ten, all the bad economic news below came out this week -- much of it today.

And this explains why the corrupt media is making all of our eyes glaze over as they enter day 11,485 of demanding Romney release his tax returns and Bain-Bain-Bain.

By focusing on nonsense and on Romney, the media can protect Obama from what you see below --which is an economy and Americans in very real trouble.

1. Weekly jobless claims shot up to 386,000.

2. Foreclosures are hitting our most vulnerable citizens.

3. Factory activity contracted for a second month in a row.

4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.

5. Retail sales dropped for the third straight month.

6. Consumer confidence dipped to 84.7.

7. U.S. business inventories increased by .3%...

8. …sales dropped .1%.

9. Food prices are skyrocketing.

10. More Americans are getting federal disability than jobs.

H/T Breitbart