No surprises here: Government workers feel economically safe

A new Rasmussen Report found an interesting viewpoint among government employees:

Government employees are much more bullish about the economy than those who work in the private sector....

Data from the Rasmussen Consumer Index from the past seven days shows that a plurality of government workers think the economy is getting better while those who work in the private sector tend to have the opposite view. Those in the government sector are also more upbeat about the current state of the economy and their own personal finances.

It's not surprising, though, is it?  Their livelihood is guaranteed by our taxes.  Their customer base is, to speak in in appropriately commercial terms, completely assured.  I wouldn't be worried about my job either if I knew that people could go to jail for not supporting me.

Nighly Roundup 11/02/09

• Hillary Clinton is backtracking on her earlier praise of the Israeli state's "restraint" on its expansionism.
• Barack Obama, in his role as head of the US empire, is reminding his stooge Hamid Karzai not to deviate from the party line.
• MSNBC is just as biased as FOX, argues Joe Scarborough.
• Want to know how the dollar collapse will happen? Take Doug French's book recommendation.
• But regardless of your guess on how things will come out economically, be sure to be skeptical of gunvernment "statistics," argues Ron Paul.

Do As I Say, Don't Do As I Do

Does anybody remember the various signs, posters, etc. during 2007 calling Obama an empty suit?  Now, I'm not putting the blame completely on him, but, honestly, how can we continue to be a nation that follows the grandiose speeches of a man who continually goes 180 on nearly every promise given during his campaign?  Of course, this is no new characteristic, but usually people at some point will at least recognize that they've been had.  Not Obama's supporters...oh no....oftentimes when I've talked to Obama supporters I felt like I was talking to a Bush supporter: stubborn and ignoring the facts.

However, I will say that, where I first thought Obama was doing the wrong things becasue he was corrupt, I now think he does the wrong things because he's just plain ignorant.  He and his staff of magnificient, Keynesian blockheads continue to ignore simple economic truths and pursue an eventual damnation called their economic policy.  We all know this, but my real question (and this isn't rhetorical, I seriously am wondering this) is:  How does a man who has such a strong misunderstanding of economic principles become the controller of our economy (thus furthering his control of our lives)?  I don't know.  Maybe when Peter Schiff and Rand Paul get into Congress we can get some educational material going...God knows the politicians of our country need it more than our children do.

For a further commentary on such matters I turn you to Peter Schiff.

Media continues trend of reporting data it doesn't understand

Data on June 2009 new residential sales were released by the Commerece Department Monday, and government officials were quick to promote the news with a positive spin.

“The evidence is clear that home buyers are taking advantage of Recovery Act tax incentives, declines in home prices and relatively low mortgage rates,” U.S. Under Secretary for Economic Affairs Rebecca Blank said. “Both new and existing homes have become more affordable. While the economic environment remains difficult, as more Recovery Act dollars hit the streets, we anticipate that it will further bolster the economy in the coming months.”

On the heels of the release from the Commerce Dept., the media trumpeted the data.  The Associated Press reported, "...the housing market is finally bouncing back from the worst downturn in decades."