On the afternoon of April 1, 1983, Barack Obama, then a senior at Columbia University, made his way into the Great Hall of Manhattan’s Cooper Union to attend a “Socialist Scholars Conference.” There Obama discovered his vocation as a community organizer, as well as a political program to guide him throughout his life.
The conference itself was not a secret, but it held a secret, for it was there that a demoralized and frustrated socialist movement largely set aside strategies of nationalization and turned increasingly to local organizing as a way around the Reagan presidency — and its own spotty reputation. In the early 1980s, America’s socialists discovered what Saul Alinsky had always known: “Community organizing” is a euphemism behind which advocates of a radical vision of America could advance their cause without the bothersome label “socialist” drawing adverse attention to their efforts.
For the last couple of years, President Obama keeps claiming that the recession was the “worst economy since the Great Depression.” But this is not correct. This is the worst “recovery” since the Great Depression. Why? Because the unemployment rate has remained at least at 9.5 percent for 14 months.
Astoundingly, the unemployment rate during the 15 months of “recovery” averages over three full percentage points higher than the average unemployment rate during the recession. There is no comparable “recovery” on record since the Great Depression
(CNSNews.com) – The Obama administration gave corporate giant General Electric—the parent company of NBC–$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.
Despite getting $24.9 million from U.S. taxpayers, GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report.
According to Standard & Poor’s, GE took in $156 billion in revenue in 2009.
GE was the primary recipient of 14 stimulus grants, a spokeswoman for Recovery.gov confirmed to CNSNews.com. These 14 grants provided GE with $24.9 million in tax dollars. On four additional stimulus grants, the primary recipient of the federal money hired GE as a contractor. Recovery.gov is the administration’s website that tracks stimulus expenditures.