Wednesday, December 12, 2012

OBOF & TYMHM PART 13


WELCOME TO OPINIONS  BASED  ON FACTS (OBOF)

&

THINGS YOU MAY HAVE MISSED (TYMHM)

 

Name
Published
OVERVIEW
Dec. 28, 2010
SOCIAL SECURITY PART 1
Dec. 30, 2010
SOCIAL SECURITY PART 2
Jan. 10, 2011
SOCIAL SECURITY PART 3
Jan. 17, 2011
SOCIAL SECURITY PART 4
Jan. 24, 2011
SOCIAL SECURITY PART 5
Jan. 31, 2011
SOCIAL SECURITY PART 6
Feb. 07, 2011
SOCIAL SECURITY PART 7
Feb. 14, 2011
SPECIAL ISSUE
Feb. 18, 2011
 SOCIAL SECURITY PART 8
Feb. 21, 2011
SOCIAL SECURITY PART 9
Mar. 01, 2011
SOCIAL SECURITY PART 10
Mar. 07, 2011
SS & MORE PART 1
Mar. 14, 2011
SS & MORE PART 1A
Mar. 21, 2011
SS & MORE PART 2
Mar. 25, 2011
SS & MORE PART 3
 Mar. 29, 2011
SS & MORE PART 4
 Apr. 04, 2011
SS & MORE PART 5
 Apr. 11, 2011
SS & MORE PART 6
 Apr. 18, 2011
SS & MORE PART 7
 Apr. 25, 2011
SS & MORE PART 7A     
 Apr. 29, 2011
SS & MORE PART 8
 May 02, 2011
SS & MORE PART 9
 May 09, 2011
 SS & MORE PART 10
 May 16, 2011
SS & MORE PART 11
 May 24, 2011
SS & MORE PART 12
 Jun. 06, 2011
SS & MORE PART 13
 Jun. 20, 2011
SS & MORE PART 14
July  05, 2011
SS & MORE PART 14A
July  18, 2011
SS & MORE PART 15
July  19, 2011
SS & MORE PART 16
Aug. 03, 2011
SS & MORE PART 17
Aug. 15, 2011
SS & MORE PART 18
Aug. 29, 2011
SS & MORE PART 19
Sept. 12, 2011
SS & MORE PART 20
Sept. 26, 2011
SS & MORE PART 21
Oct.   10, 2011
SS & MORE PART 22
Oct.   24, 2011
SS & MORE PART 22 EXTRA
Nov.  04, 2011
SS & MORE PART 23
Nov.  07, 2011
SS & MORE PART 24
Nov.  21, 2011
SS & MORE PART 25
Dec.  05, 2011
SS & MORE PART 26
Dec.  19, 2011
SS & MORE PART 27
JAN.  03, 2012
SS & MORE PART 27A
JAN.  05, 2012
SS & MORE PART 28
JAN.  17, 2012
SS & MORE PART 29
JAN.  31, 2012
SS & MORE PART 30
 Feb.  14, 2012
SS & MORE PART CL1
 Feb.  21, 2012
SS & MORE PART 30 EXTRA
 Feb.  23, 2012
SS & MORE PART 31
 Feb.  28, 2012
SS & MORE PART CL2 - 59
 Mar.  06, 2012
SS & MORE PART 31 EXTRA
 Mar.  07, 2012
SS & MORE PART 32
 Mar.  13, 2012
SS & MORE PART CL3 - 1
 Mar.  20, 2012
SS & MORE PART 32 EXTRA
 Mar.  24, 2012
SS & MORE PART 33
 Apr.  10, 2012
SS & MORE PART CL 4 - 2
 Apr.  17, 2012
SS & MORE PART 34
 Apr.  24, 2012
SS & MORE PART CL5 - 49
 May  01, 2012
SS & MORE PART 35
 May  09, 2012
SS & MORE PART CL6 - 19
 May  15, 2012
SS & MORE PART 35 EXTRA
 May  18, 2012
..   SS & MORE PART 36
 May  22, 2012
SS & MORE PART 36 EXTRA
 May  25, 2012
SS & MORE PART 36
 
                       EXTRA II
 June 01, 2012
SS & MORE PART 37
 June 05. 2012
SS & MORE PART 37 EXTRA
 June 07, 2012
SS & MORE PART 38
 June 12, 2012
SS & MORE PART 39
 June 19, 2012
SS & MORE PART 40
 June 26, 2012
SS & MORE PART 41
 July  03, 2012
SS & MORE PART 42
 July  10, 2012
SS & MORE PART 43
 July  17, 2012
SS & MORE PART 44
 July  24,2012
SS & MORE PART 45
 July  31, 2012
SS & MORE PART 46
 Aug. 07, 2012
SS & MORE PART 46 EXTRA
 Aug. 09, 2012
SS & MORE PART 47
 Aug. 14, 2012
SS & MORE PART 48
 Aug. 21, 2012
SS & MORE PART 49
 Aug. 28, 2012
SS & MORE PART 50
Sept. 04. 2012
SS & MORE PART 51
Sept. 11. 2012
OBOF & TYMHM PART 1
Sept. 20, 2012
OBOF & TYMHM PART 2              
Sept. 24,2012
OBOF & TYMHM PART 3
Oct.  02, 2012
OBOF & TYMHM PART 4
Oct.  04, 2012
OBOF & TYMHM PART 5
Oct.  09, 2012
OBOF & TYMHM PART 6
Oct.  18, 2012
OBOF & TYMHM PART 7
Oct.  24, 2012
OBOF & TYMHM PART 8
Oct.  31, 2012
OBOF & TYMHM PART 8 EXTRA                                           
Nov. 04, 2012
OBOF & TYMHM PART 9
Nov. 13, 2012
OBOF & TYMHM PART 10
Nov. 20, 2012
OBOF & TYMHM PART 11
Nov. 27, 2012
OBOF & TYMHM PART 12
Dec. 04, 2012
OBOF & TYMHM SPECIAL
Dec. 11, 2012
OBOF & TYMHM PART 13
Dec. 12, 2012

 

 

IN THIS ISSUE

 

1.  House of Rep. manipulations.

2.  Management is dumb.

3.  GOP Congressmen won't vote on taxes - they would be giving      in to the Democrats.

4.  November jobs report.

5.  Washington fiddles over Cliff & inequity battle is happening.

6.  Jobs take precedence over deficit.

 

HOUSE OF REPRESENTATIVE

MANIPULATIONS.  

 

 

Well, let's see where the Congress stands on this tax issue.  First surprise, occurred Wednesday evening, December 5, 2012 when Speaker of the House, John Boehner (R) Ohio, announced an adjournment until Tuesday December 11, 2012, two days earlier than was expected.  No reason given for the move. 

 

I have my own opinion for the change.  You may recall, in my last posting, I told you about the Minority Leader in the House, Nancy Pelosi, (D) California, starting a Petition of Discharge in order to bring to the floor of the House, the Senate approved tax bill, for a vote.  Speaker Boehner has refused to bring it to the floor, mainly, because it is almost assured to pass if it were given a chance for a vote.   

 

This procedure will force a vote, if the Democrats can get 218 signatures on this petition.  As of Wednesday night, they had 178, just 40 signatures short.  It is my opinion, Speaker Boehner thought there was too much of a possibility that they could get those signatures by the end of the week, so he said, in essence, "let's get out of here."  I think there is still a very good possibility that they will get the 218.  Time will tell.

~~~

MANAGEMENT  IS  JUST  PLAIN

DUMB.

 


So many times Management cuts off their nose to spite their face, case in point.  I read an article the other day that listed about four fast food companies, (I have forgotten what ones and I can't find the article again) were cutting back on employee hours so that they would not have to provide medical benefits as required by the Affordable Care Act. 


So many Managers, either don't know or forget, what they really want from employees.  What every Manager should want from his or her employees is "Maximum Production."  Now, you can not ORDER maximum production and you can't get it by setting up production standards, individual goals, or by using Time and Motion studies to determine what a person should be doing. 


There is only one way you can get maximum production and that is to create a climate in which the employee wants to give you maximum production. 


Of course, you have to talk with them about problems and mistakes, but if you create the right climate the employee will walk through fire for you and that is maximum production.


 


Now, what does that have to do with medical benefits?  It does one simple thing.  It makes the employee happier and is one step closer to creating a climate in which they want to give you maximum production AND THAT IS WHAT YOU REALLY WANT. 


 


Maximum production will wind up improving that bottom line of profit, which will more than offset the cost of the medical benefit.  When you get maximum production from all employees you won't have to have so many employees.  If you can cut down just one employee, depending on the size of your company, you will save money that can be applied to the cost of the medical benefit.


 


That medical coverage will mean a great deal to an employee and as to what that employee wants to do for you and they will begin to give you maximum production.


~~~


GOP Congressman Won’t Extend Middle Class Tax Cuts To Avoid Giving ‘Control’ To Democrats


 

Igor Volsky

Think Progress / News Report

Published: Sunday 9 December 2012

 

 

NOTE FROM FLOYD:

 

This article points out the thing that bugs me the most.  When legislators put their party above the good of the country, it shows that they should not be there at all.  Everything I have heard along this line comes from Republicans.  I have never heard a Democrat say anything like this. 

 

The Republican Party is in total disarray.  They don't know who is in charge of the Party and I have been reading where a number of House Republicans are not that thrilled about the way Speaker Boehner is doing his job.  Also, there are a number of House Republicans that have signed Minority Leader Nancy Pelosi's Discharge Petition.  Last I knew, she only needed 23 more signatures and she would be able to bring the tax bill, that the Senate has passed, to the floor of the House for a vote. 

 

 

Earlier this week, House Minority Leader Nancy Pelosi (D-CA) sought to overcome the GOP’s resistance to voting on a Senate-passed measure that would extend Bush-era tax cuts to middle class Americans by introducing a discharge petition that, if signed by 218 members, could force the House to take-up the measure. Some Republicans, weary of the overwhelming public support for raising rates on the richest two percent of Americans, have urged the GOP leadership to allow the vote, but have yet to formally sign Pelosi’s discharge.

 

Republican leadership continues to insist on extending tax cuts for all Americans, while President Obama said he would only sign legislation that would maintain reductions for individuals who earn $200,000 or less and couples who make $250,000 or less.

 

But in a recent photo-op with constituents, Rep. John Duncan (R-TN) explained why Republicans are refusing to give in.  The Tennessee Republican admitted that he won’t vote to extend tax cuts to 98 percent of Americans because doing so would cede control to Democrats:

CONSTITUENT 1: Are you going to sign the discharge petition?

DUNCAN: Ummm…Oh no, I’m not.  No Ma’am. I’m not about to sign the discharge petition.

CONSTITUENT 2: Well if you sign the discharge petition, you’ll immediately extend the tax cuts for the middle class.

CONSTITUENT 1: Yea, why would you not want to do that?

 

DUNCAN: It would take too long to explain that.  I’m not going to give control of the floor to the Democrats.

Watch it:

If Congress does not act before the end of the year, taxes will increase for all Americans.  Polls show that “nearly half” of Americans believe tax cuts “for people earning more than $250,000 should expire while they should continue for those earning less, while 32 percent said the tax cuts should continue for everyone.”

~~~

 

NOVEMBER  JOBS  REPORT

 

Today’s report from the Bureau of Labor Statistics (BLS) shows that private sector businesses added 147,000 jobs last month. Total non-farm payroll employment rose by 146,000 jobs in November.  The economy has now added private sector jobs for 33 straight months, and a total of 5.6 million jobs have been added during that period, taking account of the preliminary benchmark revision.

The household survey showed that the unemployment rate declined from 7.9 percent in October to 7.7 percent in November, the lowest since December 2008.  The labor force participation rate declined by 0.2 percentage point last month.  Over the last 12 months, the unemployment rate has decreased by 1.0 percentage point as a result of growing employment, and the labor force participation rate has been essentially unchanged.

According to the establishment survey, in November employment rose notably in retail trade (+52,600), professional and business services (+43,000), and leisure and hospitality (+23,000).  Manufacturing lost 7,000 jobs, and construction was down 20,000.  However, the manufacturing sector has added jobs in 28 of the last 34 months, gaining half a million jobs over that period, the most for any such period since the mid-1990s.

Government lost 1,000 jobs, as federal government payrolls decreased by 5,000, state government payrolls increased by 6,000, and local government payrolls declined by 2,000.

As the Administration stresses every month, the monthly employment and unemployment figures can be volatile, and employment estimates can be subject to substantial revision. Therefore, it is important not to read too much into any one monthly report and it is informative to consider each report in the context of other data that are becoming available.

~~~

As Washington Fiddles over the Fiscal Cliff, the Real Battle Over Inequality is Happening in the Heartland

Robert Reich

NationofChange / Op-Ed

Published: Tuesday 11 December 2012

 

As Washington fiddles over the fiscal cliff, a larger battle over inequality is being waged all over America.

 

Washington has a way of focusing the nation’s attention on tactical games over partisan maneuvers that are symptoms of a few really big problems.  But we almost never get to debate or even discuss the big problems because the tactical games overwhelm everything else.

The debate over the fiscal cliff, for example, is really about tactical maneuvers preceding a negotiation about how best to reduce the federal budget deficit.  This, in turn, is a fragment of a bigger debate over whether we should be embracing austerity economics and reducing the budget deficit in the next few years or, alternatively, using public spending and investing to grow the economy and increase the number of jobs.

Even this larger debate is just one part of what should be the central debate of our time — why median wages continue to drop and poverty to increase at the same time income and wealth are becoming ever more concentrated at the top, and what should be done to counter the trend.

With a shrinking share of total income and wealth, the middle class and poor simply don’t have the purchasing power to get the economy back on solid footing.  (The wealthy don’t spend enough of their income or assets to make up for this shortfall, and they invest their savings wherever around the world they can get the highest return).

As a result, consumer spending — fully 70 percent of economic activity — isn’t up to the task of keeping the economy going. This puts greater pressure on government to be purchaser of last resort.

The dilemma isn’t just economic.  It’s also political. As money concentrates at the top, so does power.  That concentrated power generates even more entrenched wealth at the top, and less for the middle class and the poor.

A case in point is what’s now happening in Michigan. + In the state where the American labor movement was born – and where, because of labor unions, the American middle class once had the bargaining power to gain a significant portion of the nation’s total income – Republicans and big money are striking back.

 

Legislators in the Michigan state House, followed almost immediately by Republicans who dominate the state Senate, voted Thursday afternoon to eliminate basic union organizing and workplace protections for both public and private-sector workers.  Michigan Republican Governor Rick Snyder says he’ll sign the measure.

This anti-labor blitzkreig was launched and coordinated by “Americans for Prosperity” – a group developed and funded by the right-wing industrialists and billionaire campaign donors Charles and David Koch, to “pave the way for right to work in states across our nation.”

The Koch brothers are the same ones, not incidentally, who several years ago backed a group called “Citizen’s United,” on its way to the Supreme Court for an opinion by the Court’s Republican majority that opened the floodgates to big money corrupting our federal and state governments.  (The brothers Koch have also entertained Justices Scalia and Thomas at strategy meetings they’ve organized of Republican donors.)

Connect the dots: As unions have withered, the middle class’s share of total income and wealth has dropped.  The decline of the median wage in America over the last three decades correlates exactly with the declining percentage of American workers who are unionized.

And as the super-rich have grown even wealthier, they’ve been able to extend their power through the Supreme Court and the Republican Party – advancing a war on the middle class.

These moneyed interests may lose a skirmish or two, particularly at the federal level when the public’s attention is focused there (Michigan voters went overwhelmingly for President Obama and Democratic Senator Debbie Stabenow on November 6).  But the moneyed interests are patient and relentless and, as is evident in Michigan, able to strike suddenly with extraordinary organization and precision.

They’ve taken on our tax system, successfully raising taxes on the middle class and the poor (Social Security payroll taxes, sales taxes, and user fees) while reducing their own top marginal tax rates.  They’ve taken on public spending — cutting government workers and programs the poor and middle class depend on (teachers and school budgets, social workers and family support services, job training and unemployment insurance, to name only a few.)

And they’ve taken on the unions that once negotiated good wages on behalf of the middle class and of those who aspired to join it.

The result has been a degree of inequality this nation hasn’t witnessed since the days of the robber barons of the late nineteenth century – an inequality that’s harming our economy as much as it’s undermining our democracy.

As Washington fiddles over the fiscal cliff, a larger battle over inequality is being waged all over America.

~~~

Today’s Job Numbers Show Why Job-Creation Must Take Precedence Over Deficit Reduction


Robert Reich

NationofChange / Op-Ed

Published: Friday 7 December 2012

 

Today’s jobs report shows an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

The cost of borrowing is so low — the yield on the ten-year Treasury is near historic lows — and the need for more jobs and better wages so high, and our infrastructure so neglected, that it’s insanity not to borrow more to put more Americans to work rebuilding the nation.

Yes, unemployment is down slightly and 146,000 new jobs were created in November.  That’s some progress.  But don’t be blinded by the hype coming out of Wall Street and the White House, both of which want the public to believe everything is going wonderfully well.

 

The fact is some 350,000 more people stopped looking for jobs in November, and the percent of the working-age population in jobs continues to drop — now at 63.6%, almost the lowest in 30 years.  Meanwhile, the average workweek is stuck at 34.4 hours.

The slowness of this recovery isn’t because of Hurricane Sandy, which it turns out had very little impact on these job numbers. And it’s not because of any uncertainty over the looming “fiscal cliff.”  Most consumers in November were oblivious about any pending cliff.

The reason the economy is still under-performing is demand is inadequate. Businesses won’t create more jobs without enough customers. But consumers can’t and won’t spend because they don’t have the money.  Unless or until the private sector — businesses and consumers — are able to boost the economy, government must be the spender of last resort.

But the nation has bought into the Republican frame of thinking that we have to “get our fiscal house in order” before the economy can get back on track.  Even though Barack Obama was reelected and Democrats gained seats in the House and Senate, that frame is still dominating debate.

Even though we’re near a fiscal cliff that illustrates how dangerous deficit reduction can be when so many people are still unemployed, the White House and the Democrats seem incapable of changing the frame of debate.

Jobs must come first.  Job creation must be our first priority.

~~~

If the good Lord is willing and the creek don't rise, I'll talk with you again next Tuesday, December, 18, 2012.

God Bless You All

&

God Bless The United States Of America.

Floyd

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