Site Maintenance

UPDATE: We’re back up.

Recently we’ve been having load time issues with our site. I have finally pin-pointed it to problems with the particular WordPress theme we were using. This theme is up temporarily while I attempt to resolve issues with our usual set-up.

Hang tight; we’ll get back to the normal site as soon as possible.

-Nate G.

Dire Economic Outlook Dampens Labor Day Weekend – America Needs Mitt Romney

Whether you’re making plans to picnic, paddle on a lake, play at a park or beach, or are packing bags for a road trip, Labor Day weekend is a welcomed three-day breather for Americans needing a break from grim economic news. A few headlines:

National unemployment rate rises to 9.6 percent as more look for work – Sept 3, 2010:

WASHINGTON (AP) — The U.S. unemployment rate rose in August for the first time in four months as weak hiring by private employers wasn’t enough to keep pace with a large increase in the number of people looking for work.

The Labor Department says companies added a net total 67,000 new jobs last month, down from July’s upwardly revised total of 107,000. Wall Street analysts expected a smaller gain, according to Thomson Reuters.

Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.

More than a half-million Americans resumed their job searches in August, which drove up the jobless rate. When the unemployed stop looking for work, they are no longer counted in the jobless rate.

(my emphasis)

Recovery Summer Ends with Economic Pothole - Sept 3, 2010:

Whatever happened to recovery summer?

This was supposed to be the season the economy heated up, thanks to a wave of public works projects, funded by the government’s stimulus program. But summer is coming to an end, and the recovery has not taken root.

[…]

And before long, stimulus dollars will be fading like autumn leaves.[...]

Jobless Rate Climbs to 9.6 Percent as More Americans Seek Work – Sept 3, 2010:

[...]The numbers added pressure to the Obama administration to marshal all its resources toward coaxing employers to hire again, something President Obama this week pledged to do.

“A year that began with Americans bracing for a jobless recovery has instead turned into a full-blown search for both jobs and a recovery,” House Republican Leader John Boehner said in a written statement. “President Obama’s agenda represented ‘change’ once, but now it is time for him to change course, abandon his job-killing policies and find himself a new economic team.” [...]

The economic news release from the Bureau of Labor Statistics reveals that the U.S. economy LOST 283,000 jobs during the three months of the Summer of Recovery.

120 Days to Go Until the Largest Tax Hikes in History – Sept 3, 2010:

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families. These will all expire on January 1, 2011:

Personal income tax rates will rise. The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10 to 15 percent. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates. The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%

- The 25% bracket rises to 28%

- The 28% bracket rises to 31%

- The 33% bracket rises to 36%

- The 35% bracket rises to 39.6%

Higher taxes on marriage and family. The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income. The child tax credit will be cut in half from $1000 to $500 per child. The standard deduction will no longer be doubled for married couples relative to the single level. The dependent care tax credit will be cut.

The return of the Death Tax. This year, there is no death tax. For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million. A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.

Higher tax rates on savers and investors. The top capital gains tax will rise from 15 percent this year to 20 percent in 2011. The top dividends tax rate will rise from 15 percent this year to 39.6 percent in 2011. These rates will rise another 3.8 percent in 2013.

Read about the second and third waves of looming tax increases here.

New home sales plummeted to record lows in July and auto sales for August were a real clunker – lowest since 1983 (GM sales have plunged 25%). Only three states in the union are not upside down budget-wise.  One out of every six Americans are now on government assistance. The number of  underemployed Americans is now at 16.7% (a 5.2% increase in August).

This is what $814 BILLION of spent STIMULUS bought. How many generations will be enslaved to pay the bills for this recovery?

Yes, Labor Day weekend is a welcome respite from the daily grind for those fortunate enough to have a job. For those who are anxiously looking for work, it’s one more day with no money coming in. Whatever you do this weekend, do a couple of things:

  1. Re-read Mitt Romney’s economic op-ed Grow Jobs Shrink Government (8/18/10).
  2. Tuck a copy of No Apology: The Case for American Greatness under your arm. Read Chapter Five. It’s 49 pages about  A Free and Productive Economy.

A FOX News panel today discussed Obama’s mantra that “better days are ahead” and the question was asked “When do they get here?” The answer: November 3rd.

As crucial as November 3rd is (and it is), Obama will still hold the veto pen. It’s also about 2012. So, between the hiking and biking this weekend, it would be a good idea to delve further into No Apology. Continue supporting Romney’s Free and Strong America PACWith every passing day, it becomes more evident that the one to ensure ‘better days’ for America is Mitt Romney.

► Jayde Wyatt

Mitt Romney to Give Keynote Address at New Hampshire Republican State Convention

Mitt Romney will deliver the keynote address at New Hampshire’s upcoming state convention. There is no mistaking the high regard New Hampshire’s GOP has for Governor Romney:

From UnionLeader.com (John Distaso):

MITT RETURNS. After donating thousands to the state Republican Party and some of its candidates, Mitt Romney has been named the keynote speaker at the party’s convention, slated for Sept. 25 at the Capitol Center for the Arts in Concord.

State Republican Chair John H. Sununu says the party is “thrilled” to have Romney as the convention speaker
.
“Governor Romney has been a strong supporter of the New Hampshire Republican Party and we are extremely appreciative of all the assistance he has given us through this critical election cycle,” Sununu said.

Romney hosted a high-dollar fund-raiser for the state GOP at the Taj Hotel in Boston last Thursday. He also hosted fund-raisers for the Republican House PAC in Manchester and for the state party in Tuftonboro on Aug. 12. He’s donated $30,000 to the state party so far in the cycle, $1,000 to District 3 Executive Council candidate Chris Sununu and $7,500 to other local and state special election candidates.

Romney during 'No Apology' book tour New Hampshire

FoxNews.com (Jake Gibson) reported this yesterday:

Romney has been a regular in New Hampshire political circles lately and also donated $30,000 to the state party so far in this election cycle. Mitt visited the Granite State during his book tour last spring and has hosted a number of fundraisers recently. Last Thursday, Romney was in Boston at a fundraiser for the New Hampshire GOP, he has also hosted fundraisers for the Republican House PAC in Manchester on August 5th and another for the state party in Tuftonboro on August 12th.

(links added)

Gibson then commented on Romney’s absence from this year’s Iowa State Fair:

For as visible as Romney has been in New Hampshire he has been noticeably absent lately in Iowa, the other all-important early state in presidential politics. Romney did travel through the Hawkeye State during his book tour last spring, but fellow potential GOP 2012 candidates Minnesota Governor Tim Pawlenty and former Speaker of the House Newt Gingrich visited the Iowa State Fair recently. The Iowa State Fair is a traditional cattle call for presidential hopefuls, but there was no return to the home of pork chops on a stick and fried Oreo cookies for Romney this year.

Eric Fehrnstrom, Romney’s spokesman, explained to Politico’s Ben Smith why the Governor didn’t stop by Iowa’s State Fair this year:

“He was spending August with his family on vacation,” Eric Fehrnstrom replies, indicating that Romney meant no slight to the Hawkeye State. “He was in Iowa in March on his book tour, and he will return to Iowa in the fall to campaign with Terry Branstad.”

Good enough. Iowa isn’t off the radar – but, for now, Romney is clearly in demand in New Hampshire. Besides working on his keynote speech for their state convention, he’ll also be composing a speech for the annual New Hampshire Seacoast Republican Women Chili Fest where he will be their featured speaker.  

 

► Jayde Wyatt

2012 Polls: Romney Beats Palin in Her Own Alaska, Wallops Pawlenty in His Native Minnesota

Interesting info leaks today from two polling sources, both – incredibly – showing Mitt Romney ahead of potential 2012 rivals in their home states.

In Alaska, Mitt Romney edges Sarah Palin by 3%.
From PPP:

Mitt Romney vs. Sarah Palin

If Sarah Palin runs for President in 2012 she can’t count on a whole lot of support back home. 62% of Alaska Republicans are opposed to her making a White House bid and she gets only 17% in a hypothetical 2012 primary in the state tying for her second with Mike Huckabee behind Mitt Romney.

It’s not that Alaska Republicans don’t like Palin- a majority of them still do. But there’s a significant disconnect between GOP voters in the state liking Palin and thinking she should run for President, a divide we’ve seen with Republicans nationally and one that presents the biggest threat to a possible Palin candidacy. Even among voters with a favorable opinion of Palin in the state just 39% think she should launch a 2012 bid.

Romney gets 20% to 17% for Palin and Huckabee, 16% for Newt Gingrich, and 10% for Ron Paul.

In Minnesota, Mitt Romney pummels Tim Pawlenty by 13%.
From MPR:

Mitt Romney vs. Tim Pawlenty

The poll also compared Pawlenty the two most prominent, presumed front-runners for the Republicans in 2012 — former Massachusetts Gov. Mitt Romney and former Alaska Gov. Sarah Palin. Romney fared better than Pawlenty with likely Minnesota voters, 45 percent to 32 percent, while Pawlenty easily beat Palin in the hypothetical matchup, 59 percent to 24 percent.

*It’s worth noting that this last poll was extracted from all likely voters, Republicans & Democrats alike.

Any thoughts on these results? Could these be accurate depictions of the primary to come? Is it possible that anyone could swipe a victory from Mitt in his native Michigan?

~Aaron G.

Page 5 of 512345