Anatomy Of A Disaster

The pace is quickening — Circulation at newspapers shrank at an accelerated pace in the past six months, driven in part by stiff price increases imposed by publishers scrambling to offset rapidly eroding advertising sales. Otherwise known as the spiral of death, when you lose so much revenue that you have to hike prices to stay viable in the market. This drives away more customers, repeat and rinse until done.

Average daily circulation at 379 U.S. newspapers plunged 10.6 percent in the April-September period from the same six-month stretch last year, according to figures released Monday by the Audit Bureau of Circulations.

It’s the largest drop recorded so far during the past decade’s steady decline in paid readership — a span that has coincided with an explosion of online news sources that don’t charge readers for access. Many newspapers also have been reducing delivery to far-flung locales and increasing prices to get more money out of their remaining sales.

The latest decline outstripped a 7.1 percent decrease in the October 2008-March 2009 period and a 4.6 percent decline in last year’s April-September window.

More here:

Federal Spending Through The Roof

CBO Chart:

White House Chart:

The tricks and lies of rationed healt care costs — See that last number, lets say it just stays even for the next 10 years, that’s another $2500 billion dollars added to our deficit. Do you think it will come down? You are going to pay, dearly for this boondoggle.

Stocks vs Dollar

The red line represents the S&P 500. The blue line represents the inverse of the U.S. dollar versus a stable currency (in this case, the Canadian dollar). In other words, when the dollar goes down, the blue line goes up. And vice versa.

Put simply, the S&P 500, measured in the dollar’s real value, has been flat for quite some time. When SPY goes up, the dollar goes down.

So the stock market is an inflation hedge.

Energy Crisis Is Postponed

– As new gas rescues the world … Burning rock, or at least the natural gas trapped within. Natural Gas is Methane, CH4, the lowest from of hydrocarbon. One of the distinct advantages of natural gas is it does not contain the impurities that is dissolved in and carried by oil deposits. So natural gas burns cleaner, by definition. It still emits CO2 in about the same proportions, but it does not emit the other pollutants that are contained in oil, after refining. There is only so much that can be done to filter out the pollutants.

Remember, CO2 is not a pollutant, no matter what the Supreme Court has to say about it. Does your breath kill, well maybe it might offend others but not kill. And the offense is the ‘other’ things contains in your breath, because CO2 is odorless and tasteless.

Oil shale is rock containing deposits of oil and is pictured above  burning.

Government Debt Decouples From The US Economy

The growth of government debt has “decoupled” from the rest of the economy.

While households, businesses and the financial sector reduce leverage, public sector debt growth has simply exploded. As you can see from the chart, every non-governmental sector of the economy is now in debt reduction mode while governmental debt is growing a breakneck speeds.

Why Are Newspapers Dying ?

Adding insult to injury, the WSJ, whose most recent daily circulation was 2.08 million, has confirmed USA Today’s fall from grace, with a 17% loss in daily circulation. If you can only have one, take the best:

Dow Jones, the Journal’s parent company, declined to give out the newspaper’s circulation figures for the period, but spokesman Robert Christie said, “The Journal is now the largest newspaper by circulation.”

Most newspapers don’t tell the truth about most things … Like the global warming hoax. The WSJ is the one that comes closest to the truth. So if you want liberalism, why bother buying it, there are enough lunatic fringe liberal blogs that produce the same gravity defying bilge anyway.

Who is going to pay good money for news they can’t use.

U.S. Blocks Oil Drilling at 60 Sites in Utah

The energy straight jacket the liberals have placed America in is a choice. It is not a fixed fact of life. We have a choice. And now that the liberals AGW hoax has been totally eviscerated, that choice stands bold in view of everyone, if you just look. We have it in our power, for example, to reverse the absurd de facto 30-year ban on new nuclear power plants and the reprocessing of spent nuclear fuel. We have it in our power to release huge domestic petroleum reserves by dropping the ban on offshore and Arctic drilling. We can release the oil in our huge domestic coal reserves by simply building modern improved versions of 1920s technolgy, coal to liquids refineries.

Do not doubt the complicity of the media in all this … But now, the media parrot has lost it’s voice, all the lies have lost it’s truth telling platform, and all the lies has wrought it’s destruction. Truth is where you find it, find it, and hold to the truth.

Because there is hope we will. With the DNC’s media parrot on it’s last legs, USA Today says sales of newspapers are down another 17% for the first six months of the year, the energy lies continue to spring forth. When are the American people going to realise our lack of energy resources – it’s a hoax and stand up.This time it’s the Captain Obama lies. It’s deliberate …

In the never ending quest for energy independence, we get this …

The Department of the Interior has frozen oil and gas development on 60 of 77 contested drilling sites in Utah, saying the process of leasing the land was rushed and badly flawed.

This is a choice, not a fact, not a necessity. A destructive choice nonetheless.

The 77 government-owned parcels, covering some 100,000 acres in eastern and southern Utah, were leased in the last weeks of the Bush administration. But the leases were immediately challenged by conservation groups, and in January a federal judge blocked drilling on the ground that the Interior Department had failed to follow its own procedures for reviewing the appropriateness of lands designated for oil and gas extraction.

An Interior Department review team then presented Secretary Ken Salazar with a recommendation that drilling be allowed to proceed on 17 of the 77 parcels. But it also said that the leases on eight parcels should be withdrawn and that 52 should be subjected to further study because of potential threats to wildlife and air and water quality.

The liberals have been lying about the ”energy independence” scam for decades, all the while blocking access to American resources. It’s a choice, a liberal choice, not a necessity.

The Ugly Job Loss Chart Keeps Getting Uglier

It appears the stimulus isn’t a stimulus at all … Is it all on purpose? Yes I think it is, it’s called Obammunism, pay back whitey.

Catherine Rampell at Economix has updated this miserable chart, showing job losses in this recession compared to recent ones (expressed as a percentage of peak employment).

The dark blue line that just keeps heading down represents current recession. Since the official start of the recession in December 2007, the economy has had a net loss of about 5.2 percent of its nonfarm payroll jobs.

The horizontal axis measures the number of months since the recession started. The vertical axis measures the share of pre-recession jobs that still exist.

More Signs The Economy Is Turning The Corner

Or not?

U.S. Factory Orders Plunge Unexpectedly in August — So ask yourself, what signs have you actually seen that supports the media lies ‘the economy is turning around’?

New orders to U.S. factories fell in August by the largest amount in five months, as American manufacturers struggle to emerge from the recession.

The Commerce Department said Friday that demand for manufactured goods dropped 0.8 percent, much worse than the 0.7 percent gain that economists had expected. The August decline reflected plunging demand for commercial aircraft, a category that surged in July.

Economists worry that factories will remain under pressure because of weak consumer spending as American households deal with continued layoffs and rising unemployment.

Source:

Let’s Try This Again, Shall We ?

After the stunning victory in Copenhagen, err maybe not, shall we go back to Copenhagen IPCC UN meet-up and try and get the world to accept the crap of Kyoto II?

Maybe we can permanently turn down the lights on America’s economy. Despite the fact that the last leg of the AGW hoax CO2 stool has been sawed off, why not. All that’s left is lies, so we lie.

The pressure will now be intense for Obama to go back to Copenhagen to persuade the world to accept the U.S. surrender on Kyoto II. After all, what’s an Olympic champian supposed to do — compared with the greatest threat facing mankind, etc., etc.?

The White House said that it is absurd to suggest that hopping on a plane to go to Copenhagen to support an Olympic bid is a distraction from pressing issues. So clearly, we won’t be hearing that excuse in December.

It worked so well the first time … cough cough, err, ahh, ummm

Hit it — Barrack Hussein Obama, ,,, mmm, mmmm, mm