CIA, Benghazi, IRS and Employment Report

As I wrote in my May 11, 2013 blog, Ambassador Stevens was in Libya to locate guns and shoulder fired missiles that were given to the rebels and the ambassador was attempting to find them to give to the Syrian rebels.  That is why he was meeting with the Turkey representative just hours before the Benghazi attack.  This administration was running guns to the Syrian rebels using Turkey as the 3rd party to avoid being implicated in giving the rebels guns that was not actually approved by Congress.  Now as I reported previously, this ambassador worked closely with the CIA on special operations.  We now have CNN reporting that there were approximately 30 CIA operatives on the ground during the Benghazi attack and some were wounded.  But we have also learned these operatives are being threatened if they tell what happen that night.  This administration is doing their best again to hide the truth on all these scandals and where is the media?  It is surprising that even CNN reported this.  But since their viewers are decreasing, maybe they realize if they report the news honestly, they might get viewers to return.  But, you can rest assured the Obama administration will speak to them and this behavior of reporting the truth on this administration will cease.  This administration is lying on Benghazi, AP and James Rosen (FOX reporter) scandal, IRS scandal, Fast and Furious and DOJ involvement and the State Department sex scandal.  It seems just about every week we hear of a new scandal.   Even yesterday, at the IRS congressional hearings we learned that Lois Leaner was contacting the Federal Election Commission (FEC) on all those conservative groups that, contrary to what the democrats think, is a crime.    Lets see where this goes.  I am sure next week we will learn of another scandal.  This is the most corrupt administration in the last 100 years and makes the Nixon administration look saintly.  If you speak out against this administration, you must be careful and look over your shoulder for there may be some black ops guys there.   

The latest employment report issued today shows that the unemployment number dropped to 7.4% from 7.6% that on the surface seems good.  However, as all business networks have reported, don't celebrate just yet.  We have seen the number of employed drop to 63.4% and this keeps going down every month.  The number of full times jobs were down and the numbers originally given in May and June had to be revised downward also.  Over 200,000 people have given up looking for work and this is part of the reason for the drop to 7.4%.  This employment number is not good, has not been good under this president and his social engineering programs and will get worse if Obamacare is fully implemented as employers will reduce their workforce or cut employees hours.  Of course, this logic escapes the academics in this administration.  But as I said many times before, if you have no real work experience and only book knowledge, you will not see the situation improve.  The first 4 year of this administration, President Obama blamed President Bush and it seems the next 4 years it will be the republicans in congress, the rich employers and the lack of another stimulus.  We know the $850 billion stimulus was a joke and most of the money went to green jobs that failed but served to reimburse his political supporters, and to union workers.  Little is mentioned about this, but the stimulus specified that only union workers could be hired on the stimulus dollar.  We also know the jobs were not shovel ready and with the upcoming elections in 2014, this president wants to get tax dollars out to his political supporters of they can come back to him in campaign contributions. 

To compound our economic situation, it seems the Fed will continue to print approximately $85 Billion a month to prop up the stock market even though they claim it is to help the economy.  Every month they print money, every month your savings (if you have any) is worth less.  The more they print, the less your currency is valued.  Common since, but not many are reporting on this fact.  Furthermore, if and when the Fed stops printing money, you will see the stock market drop to around 12,000 if not more.  Print money and the market goes up.  Investors know this.  Stop printing and you will see the investors selling to get their money out and maybe put them into bonds that will go up.  The average citizen gets screwed either way and yet this president likes to demagogue the so called fat cats and yet he is behind this.    As I have said, it is not what this president says, it is what he does.  You must watch both hands.