FINANCE

OBAMACARE COLLAPSE INEVITABLE AS CRIPPLED HEALTH INSURANCE COMPANIES HEAD FOR EXIT AND FINANCIAL DEATH…OBAMA: AMERICA’S NUMBER ONE EXPERIMENT HAS BECOME AMERICA’S NUMBER ONE FAILURE!

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Taxpayers on the Hook as Obamacare Exchanges Near the Edge of Collapse

CNS News Fri, Aug 12 1:08 PM

MACY’S TO CLOSE 100 STORES AS SALES CONTINUE TO DROP…RETAIL APOCALYPSE UNDER OBAMA’S GREAT RECESSION CONTINUES!

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( Business Insider ) Macy’s just announced that it will close approximately 100 stores.

It’s part of the company’s attempt to improve business, following six consecutive quarters of declining sales.

In the most recent quarter, comparable sales (on an owned and licensed basis) were down 2%.

Macy’s has been struggling in an economy that’s defined by experiences. But the brand has been trying to revive itself. In Ohio, the company has set up a prototype of a more upscale store.

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Macy’s just said it’s closing 100 stores and its shares are jumping

THE OBAMA AND GOOGLE EMPLOYEES LOVE AFFAIR – MORE THAN 250 GOOGLE EMPLOYEES SWITCHED TO WASHINGTON D.C. CAREER SINCE OBAMA TOO OFFICE, ALSO TOP EXECS FREQUENT VISITORS OF THE WHITE HOUSE.

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Google employees have enjoyed revolving door during Obama administration

By   /   August 8, 2016  /   News  /

Part 3 of 3 in the series The Google Administration

Photo illustration from LinkedIn photos

ALL IN THE FAMILY: These are among the more than 250 people who have transitioned from Google to government or vice versa during the Obama administration. At least two dozen among the group have taken jobs in key posts in government or Google in that span. (Pictured, from top left to bottom right, Mikey Dickerson, Robert Manhini, Nicole Wong, Jannine Versi, Michele Weslander, Sameer Bhalotra, Julie Brill, Will Hudson, Michelle Lee, Matthew Bye, Joshua Wright and Renata Hesse.)

 

( Watchdog.org ) More than 250 people have moved from Google and related firms to the federal government or vice versa since President Barack Obama took office.

The Google Transparency Project, the work of Campaign for Accountability, poured over reams of data to find 258 instances of “revolving door activity” between Google or its associated companies and the federal government, national political campaigns and Congress since 2009.

 

READ MORE: Google employees have enjoyed revolving door during Obama administration

OBAMA GREAT RECESSION: REAL UMEMPLOYMENT RATE IS 9.7% – AND NOT 4.9 FALSELY TOUTED BY OBAMA REGIME

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Now that you know the official jobs number, here’s the REAL unemployment rate

 

Nicholas Wells,CNBC   8/6/16

 

 

Most economists look past the official unemployment rate — also known as the “U-3” number — to other metrics that provide other views of the state of jobs.

One of those figures is the U-6 rate, which has a broader definition of the unemployed. That rate rose slightly in July — to 9.7 percent.

The official unemployment rate is defined as “total unemployed, as a percent of the civilian labor force,” but doesn’t include a number of situations in which workers may find themselves. The U-6 rate is defined as all unemployed, plus “persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the labor force.”

That is, the unemployed, the underemployed and the discouraged

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GREAT RECESSION UPDATE: 94.3 MILLION AMERICANS STILL OUT OF LABOR FORCE…THAT’S FINE AS LONG AS THE OBAMAS CAN HAVE THEIR WEEKLY PARTIES IN THE WHITE HOUSE WITH THEIR LIMOUSINE LIBERAL BUDDIES!

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Hundreds of people line up to attend a job fair on April 18, 2013 at the Holiday Inn in Midtown in New York City. The event was held by National Career Fairs which expected some 700 job seekers would come to meet 20 potential employers. (Photo by94,333,000 Americans Out of the Labor Force in July

 

The number of Americans not in the labor force declined but still topped 94 million last month, according to data released Friday by the Labor Department.

The Bureau of Labor Statistics reports that 94,333,000 Americans were neither employed nor had made an effort to find work in July — down 184,000 compared to the month prior.

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$50,000 PER TICKET FOR HILLARY FUNDRAISING BY APPLE CEO TIM COOK…LIBERAL ELITES AND THE DONKEYCRAT PARTY!

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Justin Sullivan/Getty Images

Breitbart by Chriss W. Street31 Jul 2016Newport Beach, CA

Despite Hillary Clinton’s convention outreach to Sen. Bernie Sanders’s supporters over campaign finance reform — “Your cause is our cause,” she said — Apple CEO Tim Cook is hosting a fundraiser for Clinton at up to $50,000 a ticket.

HILLARY SUPPORTER WARREN BUFFETT TO CHAUFFEUR DEMOCRAT VOTERS TO POLLS…HE OWED IRS $1 BILION, DID HE PAY THAT ALREADY OR STILL FIGHTING IT?

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Buffett pledged to “take at least 10 people to the polls who otherwise would have had difficulty getting there” on November 8, challenging his congressional district to “give America a civics lesson.”

He launched a website, Drive2vote, where people can sign up for a ride or to give a ride on Election Day, as well as to register to vote.

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