The United States slipped to 12th among developed countries in business startups in 2012, trailing, among others, such economic stalwarts as Hungary and Italy. The Census Bureau, two years late as usual, reported business closings exceeded business startups by more than 17.5% in 2012 with 470,000 businesses shutting their doors while 400,000 opened.
This is not the picture being painted by the White House and you certainly won't hear about the problem in the State of the Union speech simply because it does not fit with Obama's imaginary view of the world.
Jim Clifton, CEO of Gallup, claims, "This is our single most serious economic problem, yet it seems like a secret."
The reason this is not being publicized is Washington politics and Wall Street's dependency on a positive economic spin. Remember, the only reason Barack Obama could claim the recession ended in 2009 was the rise of stock values on Wall Street. Every other indicator left America in a recession but the rise in market values, a real technicality, allowed the political world to declare the recession over.
Michael McCune (mccrant@gmail.com)
Some larger U.S. businesses are leaving the country to avoid taxes. But new business startups in America are lagging--badly.
Wall Street's rebound can be solely attributed to the Washington's Toxic Asset Relief Program by Bush and the first stimulus under Bush. Obama took credit.
Clifton was very blunt about why the mass media did not report this fact. "The White House needs to keep you in its game because its political party needs your vote." The question that immediately jumps to mind is "where is the Republican Party?" The answers available after a moment of logical thought. The GOP doesn't want to be the bad guys and it needs the vote too.
Clifton continued his broadside, "Wall Street needs the market boom, even if that boom is fueled by an illusion [Fed printing press]. But this economy is never truly coming back unless we reverse the birth/death rate trends of American businesses. When new businesses are not being born, the free enterprise system and jobs decline."
Others have noted the need for entrepreneur spirit recently but government policy is preventing it. The problem most often cited--beyond Obamacare's costs and penalties--is the mountains of regulation and the costs of compliance with that mountain.
It is estimated by the Commerce Department cost to comply with a regulation is six times more than the cost of enforcement. When you consider the government is expanding enforcement units in EPA, Homeland Security, the SEC, IRS, Social Security, Medicare and the FDA, the cost to business, especially a startup, is overwhelming.
Another factor is the good old boy system. Many established companies have direct ties to government and, to prevent potential competition, use the political clout to hamper competitive starters by calling in markers and having those companies targeted for compliance scrutiny. The practice is disgusting for a government allegedly founded by the people.
Consider someone with an inventive mind. In today's world, unless he has sold his soul to one of the major companies, the idea never gets the light of day in the public arena because the political favors inhibit expansion of the idea. Either the patent rights are sold to an established company for a song or the idea dies with the inventor until a go-along-with-the-flow "inventor" who is already in the big boys' pocket redoes the idea.
You won't hear any of this when the President gives his State of the Union speech. You won't hear any of it in the rebuttal. Nobody in Washington wants to snap a chain that lines their pockets.
This is why the Rant has never bought into the recovery claim. The Rant is Main Street and on Main Street, the recession is in full stride yet, maybe even heading for Depression.
"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson
Please note: Due to a conflict I will not be at the Larimer County Republican breakfast this coming Monday. I have rescheduled for Feb. 9. I hope you can adjust your plans accordingly.--Mike
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NEW POLICE RADARS CAN 'SEE' INSIDE HOMES
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I-75 overpass collapse in Cincinnati...
Construction worker killed...
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Argentine prosecutor who claimed government cover-up found dead...
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$25 Oil?
Germany steps up repatriation of gold...
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The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds
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Jim Willie: Swiss De-peg Triggers Massive Derivative Crisis, Potential END OF THE EURO!
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Earth-Shaking Swiss Move Creates Enormous Chaos As London Gold Pool II Falters
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China To Strike US From Within If Finances Collapse And War Erupts? Tweets Deleted Warning Of US Customs Interception Of Heavy Weaponry From China At Several US Ports!
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RUSSIA pushes for DOLLAR COLLAPSE - PENTAGON prepares MASS CIVIL BREAKDOWN : MUST WATCH
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NEW POLICE RADARS CAN 'SEE' INSIDE HOMES
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I-75 overpass collapse in Cincinnati...
Construction worker killed...
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Argentine prosecutor who claimed government cover-up found dead...
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$25 Oil?
Germany steps up repatriation of gold...
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The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds
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Jim Willie: Swiss De-peg Triggers Massive Derivative Crisis, Potential END OF THE EURO!
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Earth-Shaking Swiss Move Creates Enormous Chaos As London Gold Pool II Falters
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China To Strike US From Within If Finances Collapse And War Erupts? Tweets Deleted Warning Of US Customs Interception Of Heavy Weaponry From China At Several US Ports!
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RUSSIA pushes for DOLLAR COLLAPSE - PENTAGON prepares MASS CIVIL BREAKDOWN : MUST WATCH
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West Texas oil producers reduce capital budgets, rig count
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GENERALS CONCLUDE OBAMA BACKED AL-QAIDA Probe of military experts finds U.S. 'switched sides' in terror war
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China Deploys Nuclear Missiles at Mt. Baekdu China has deployed Dongfeng-21 medium-range ballistic missiles at Mt. Baekdu that target Japan, the official International Herald Leader reported on Sunday. The newspaper claimed it “analyzed” China Central Television footage of a nuclear arms and missiles corps in training in northeastern China to arrive at the conclusion. But since it is an official publication, the
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As many as 45 churches were set on fire in Niger’s capital city of Niamey during weekend protests against the publishing of cartoons depicting Prophet Mohammed, AFP reports, citing local police. The protests were sparked by the decision of Charlie Hebdo, a French satirical weekly, to place a caricature image showing the prophet holding a “Je Suis Charlie” sign on the cover of its first issue since the
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An Argentine prosecutor was found dead just hours before he had been due to give what was expected to be damning testimony against President Cristina Kirchner, in what appears to have been a suicide, officials said on Monday. The body of Alberto Nisman, 51, who had received threats, was found overnight in his 13th-floor apartment
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“Gray State” filmmaker, wife, and toddler found dead….Movie warned Americans about concentration camps A couple and their child were killed in an apparent murder-suicide in Apple Valley, police said Sunday. The three bodies were found Saturday in their rambler home on Ramsdell Drive, after Apple Valley police were called about 1 p.m. Read Full Article
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A new case of Ebola may have just touched down in New Jersey. A woman traveling from Sierra Leone on a connecting flight from Brussels is currently being tested at a New Jersey hospital to see if she has the potentially deadly virus. Read Full Article
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Apocalyptic horse toys: My Little Pony from hell My Little Pony fans embrace the toys and animated TV shows for their light-hearted nature and focus on sweet concepts like friendship, helping others and maintaining a beautiful mane. But sometimes friendship isn’t magic. Sometimes, friendship is doom. A Kickstarter project takes the big-footed, big-headed My Little Pony toy look and applies it to a
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Large sinkhole appears on golf course A large sinkhole has appeared near a green on the UK mainland’s most westerly golf course. The 9ft (3m) deep, 22ft (7m) long hole was caused by heavy rain washing away a drain running under part of Traigh Golf Course, near Mallaig. The club is now having to find money to help it pay the
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Sandy Hook Commission Calls For Restrictive Gun Ban, Constitution Be Damned - Connecticut Gov. Dannel Malloy’s Sandy Hook Advisory Commission want to institute onerous new gun laws and it has said it doesn’t care if the laws are unconstitutional. The 16 commission members — experts in education, mental health, police work and so on — are specifically insisting that Connecticut ban the sale of any gun able
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---U. of Vermont psychologists helping Bhutanese refugees with mental problems; send more refugees to Vermont!
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See What Happened When a Fox News Producer Tried to Report From Inside a Texas Muslim Convention
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See What Happened When a Fox News Producer Tried to Report From Inside a Texas Muslim Convention
WATERS: “Why are stonings and beheadings tolerated?”
MUSLIM MAN: “Because that’s what we believe, it says in the Qur’an”
Chilling. And that was from a well-dressed, geeky-looking Muslim.But don’t worry, Obama says there is no such thing as “radical Islam.”
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INTEL: Iran and Hezbollah planning 'imminent' invasion of ISRAEL...
---Russia & Iran forge military compact as Iran & Hezbollah vow massive attacks on Israel’s northern tier. Here’s the latest. \
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U.S MINT: Unloads Another Million Silver Eagles Over The Holiday Weekend
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Former White Official Exposes Shocking Real Reason For Historic 58-Sigma Move By Swiss: One senior analyst at a bank described the Swiss move as being ‘Closer to a nuclear explosion than a 1,000-kilogram conventional bomb.'
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No-Go Zones :The more damage Obama does, the more arrogant he’s become! The United States has been infiltrated by people who want to destroy it. - Today, France has 751 No-Go Zones. The Police cannot and will not go into them – they are mini states inside a country, set up and established under Sharia Law with the blessing of the French Government. - There are a reported 35 terrorist training camps across the US. To find the proof of this just run a search on Google. They are for all intents and purposes No-Go Zones in America. Most are in rural areas but there are some in places like Dearborn Michigan and other cities such as Detroit
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Panic At Davos After Swiss Move As Bank Runs Accelerate And Financial System Begins To Implode
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Investors Are Losing Faith And "Markets Will Riot" Warns Albert Edwards
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ISIS threatens to kill 2 Japanese hostages in 3 days unless $200mn ransom paid
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Russian Central Bank Bans Western Ratings Agencies
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Virginia’s New Anti-NDAA Detention Bill Turns the Table on Feds
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H&R Block: ‘No One Can Understand’ New Obamacare Tax Code
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50,000 Wall Street jobs cut
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Antibiotic-resistant bacteria causing epidemic of infant deaths in India may spread globally
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Don’t Worry: USDA Says Pesticide-Laden Food is Safe to Eat
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Quakes Continue to Shake N Texas...
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How the UN Is Confiscating American Homes and Controlling All Food and Energy
In times of crises, the government has proven, time and time again, that it cannot be counted on to adequately protect the American people. As the American people have not prepared for the coming dark days, they will be vulnerable to starvation, dehydration, cholera, pandemics and attacks from resource-deficient looters. Will the government be there to save them? History has already answered this question in the ..
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In shortages-hit Venezuela, lining up becomes a profession
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Multiple deaths at Fukushima nuclear plants – Worker dies after plunging over 30 feet into water tank – Another killed from severe head injury after caught in equipment – Tepco warned last week about soaring number of worker injuries
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Genetically Modified Cattle With Human DNA Might Hold Ebola Cure
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Parent's outrage after son, 15, is tied up like ISIS hostage in class by older 'bullies' and teacher does nothing to stop them
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Credit Suisse Group AG (CSGN) and Saxo Bank A/S joined an increasing number of European financial companies warning that the Swiss central bank’s surprise decision to abolish its currency ceiling may dent earnings. Credit Suisse, Switzerland’s second-biggest bank, indicated Monday that currency swings may hurt profit. Denmark’s Saxo Bank said some clients might not be
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Standard & Poor’s will be suspended for a year from rating bonds in one of its most lucrative businesses in a $60 million settlement with the U.S. Securities and Exchange Commission, according to a person with knowledge of the matter. The deal, which the person said may be announced as soon as tomorrow, is the
---Downgrading The US Will Cost S&P $1.5 Billion Zero Hedge - Remember when S&P forgot for a second that it lives in a world of pretend free speech, and where telling the truth would promptly result in a lawsuit by the US government after it downgraded the US from AAA to AA+ in the summer of 2011?... Well, S&P will never make the same mistake again, because according to Reuters, it will cost it $1.5 billion to settle with the government and put the whole "downgrade" episode in the past.
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A third outbreak of avian flu has been detected in Washington state, prompting agriculture officials on Tuesday to warn bird owners to keep their flocks away from migratory birds that have spread viruses from Oregon to British Columbia. State and federal agriculture officials culled about 120 backyard chickens, geese and ducks in Clallam County, 125
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Male witches tie knot in first UK Pagan same-sex wedding Tom Lanting, 34, and Iain Robertson, 39, were married in a ceremony which involved a knot-tying after being together for 12 years. The couple are both Hedge Witches and were married in front of family and friends in the 16th century vaulted cellars of Marlin’s Wynd by Louise Park, Presiding Officer for the Pagan Federation,
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FDA Attacks Man for Selling Supplement that has Healed Tens of Thousands – Facing 37 Years in Prison
Health Impact News - For almost 5 years, the FDA has been attacking Daniel Smith of Spokane Washington for selling a mineral supplement that purifies water and has been used in places like Africa by the Red Cross to prevent Malaria. The product is called MMS (Miracle Mineral Solution), and the active ingredient is sodium chlorite, a common mineral that is even used in some municipalities in the U.S. to purify water instead of chlorine.
Daniel Smith will face a trial in less than 30 days, the culmination of close to 5 years of legal battles, that could result in him spending 37 years in prison if convicted. Why? Read More...
Health Impact News - For almost 5 years, the FDA has been attacking Daniel Smith of Spokane Washington for selling a mineral supplement that purifies water and has been used in places like Africa by the Red Cross to prevent Malaria. The product is called MMS (Miracle Mineral Solution), and the active ingredient is sodium chlorite, a common mineral that is even used in some municipalities in the U.S. to purify water instead of chlorine.
Daniel Smith will face a trial in less than 30 days, the culmination of close to 5 years of legal battles, that could result in him spending 37 years in prison if convicted. Why? Read More...
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FLASH: U.S. Navy Moves Ships Into Red Sea
01/21/2015 12:11 am
NEW YORK, New York -- A State Department spokesperson told ABC News that officials are "continuing to closely monitor developments in Yemen
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Roundup Herbicide: A Kidney-Killer? Green Med Info - A new observational study confirms the hypothesis that Roundup herbicide (glyphosate) is behind the mysterious global epidemic of chronic kidney disease that has taken thousands of lives.... The reality is that we are all at risk. Anyone exposed to glyphosate -- which is anyone who drinks water, breaths the air, or eats non-organic food -- could be subject to its kidney-harming effects. In fact, we reported on the alarming increase in kidney disease in the U.S. since the inception of glyphosate-dependent GM farming.
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Acetaminophen warning: A leading cause of acute liver failure
(NaturalHealth365) Acetaminophen causes an alarming number of cases of liver damage, acute liver failure and death each year, to the tune of 26,000 hospitalizations, 56,000 emergency room visits, 100,000 calls to poison control centers, and over 450 deaths. Even when taken at the recommended doses, acetaminophen can still cause major problems; however, it’s a very profitable drug, which seems to be fueling the lack of emphasis on these risks.
(NaturalHealth365) Acetaminophen causes an alarming number of cases of liver damage, acute liver failure and death each year, to the tune of 26,000 hospitalizations, 56,000 emergency room visits, 100,000 calls to poison control centers, and over 450 deaths. Even when taken at the recommended doses, acetaminophen can still cause major problems; however, it’s a very profitable drug, which seems to be fueling the lack of emphasis on these risks.
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--------Muslim countries lead the way in bestiality searches on Google
Pakistan tops the list of most porn-searching countries and leads the way in porn searches for animals like pigs, donkeys, dogs, cats and snakes, according to the data released by Google. The data also showed that six of the top eight porn-searching countries were Muslim states with Egypt ranking second in the list followed by Iran, Morocco, Saudi Arabia and Turkey at numbers four, five, seven and eight, respectively, reported The Express Tribune.
--------------------CAN President appears on Fox & Friends to discuss U.S. ‘no-go zones’
In the wake of the horrific slaughter at the Charlie Hebdo magazine office in France, the media is suddenly interested in Islamic “no-go” zones scattered throughout Europe where many Muslims are radicalized into jihadists.
But it’s important for Americans to understand that right here in the United States we have real “no-go” zones that have been in existence for decades.
This morning I appeared on the Fox and Friends show to discuss America’s Islamic no-go zones with host Brian Kilmeade. I explained that a group of Muslims known as Muslims of America (MOA) has as many as two dozen enclaves scattered around the nation, including in Virginia, California, Georgia, South Carolina and New York.
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Dept. of Homeland Security, Dept. of Education and ALICE, working together to defend 'Gun Free Zones'. ALICE-Training: "Create Noise, Movement, Distance and Distraction with the Intent of Reducing the Shooter’s Ability to Shoot Accurately? Will your Republican Lawmaker follow the stupidity? It's time to repeal gun free zones in WY. *ALICE Reference: http://
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