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West Coast Misery Tour

- October 24, 2011

Obama Needs Their Campaign Cash Now But He’ll Have A Hard Time Getting Their Votes Next Year

OBAMA’S WEST COAST MISERY TOUR TAKES HIM TO THREE STATES THAT HAVE BEEN UTTERLY DISAPPOINTED BY HIS FAILED ECONOMIC POLICIES

Colorado

Since President Obama Took Office, Colorado Has Lost 66,800 Jobs And The Unemployment Rate Has Increased From 6.8 Percent To 8.3 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

Since Obama Took Office, Over 104,000 Properties Have Received Foreclosure Filings In Colorado And Over 55,000 Foreclosed Properties Have Been Sold At Auction. (Colorado Division Of Housing, “2nd Quarter 2011 Foreclosure Report,” Colorado Department Of Local Affairs, 8/11/11)

  • In 2010, Colorado Had The Tenth Highest Foreclosure Rate In That Nation; One In Every 40 Housing Units Received A Foreclosure Filing. (Press Release, “Record 2.9 Million U.S. Properties Receive Foreclosure Filings in 2010 Despite 30-Month Low in December,” RealtyTrac, 1/12/11)

PROMISE: The White House Predicted That The First $825 Billion Stimulus Would Save Or Create 59,000 Jobs In Colorado. (“UPDATED: American Recovery And Reinvestment Act: State-By-State Jobs Impact,” WhiteHouse.gov, 2/13/09)

RESULT: Since The First Stimulus Was Passed, Colorado Has Lost 47,700 Jobs And The Unemployment Rate Has Increased From 7.4 Percent To 8.3 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

Nevada

Since Obama Became President, Nevada Has Lost 79,600 Jobs And The Unemployment Rate Has Increased From 9.9 Percent To 13.4 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

The Housing Crisis Threatens Obama In “Real Estate Markets In Turmoil In Pivotal Swing States Such As Florida And Nevada.” “The housing issue threatens to loom over Obama’s reelection campaign, with foreclosures piling up and real estate markets in turmoil in pivotal swing states such as Florida and Nevada, which voted for him in 2008.” (Peter Wallsten and Brady Dennis, “Obama Admits Missteps On Housing, Extends Help To Jobless Homeowners,” The Washington Post, 7/7/11)

  • Nevada Has Had The Highest Foreclosure Rate In The Nation For 57 Straight Months. “Nevada posted  the nation’s highest state foreclosure rate — one in every 44 housing units  with a foreclosure filing in the third quarter.” (Press Release, “Foreclosure Activity on Slow Burn,”  RealtyTrac, 10/11/11)
  • Las Vegas Has The Highest Foreclosure Rate Among Metropolitan Areas. “Nevada cities accounted  for two of the top 25 metro foreclosure rates, led by Las Vegas at No. 1, with  one in every 39 housing units with a foreclosure filing during the third  quarter. Reno-Sparks, Nev., ranked No. 9, with one in every 67 housing units  with a foreclosure filing.”  (Press Release, “Foreclosure Activity on Slow Burn,”  RealtyTrac, 10/11/11)

PROMISE: The White House Predicted That The First $825 Billion Stimulus Would Save Or Create 34,000 Jobs In Nevada. (“UPDATED: American Recovery And Reinvestment Act: State-By-State Jobs Impact,” WhiteHouse.gov, 2/13/09)

RESULT: Since The First Stimulus Was Passed, Nevada Has Lost 65,900 Jobs And The Unemployment Rate Has Increased From 10.4 Percent To 13.4 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

California

Since Obama Became President, California Has Lost 430,300 Jobs And The Unemployment Rate Has Increased From 9.7 Percent To 11.9 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

PROMISE: The White House Predicted That The First $825 Billion Stimulus Would Save Or Create 396,000 Jobs In California. (“UPDATED: American Recovery And Reinvestment Act: State-By-State Jobs Impact,” WhiteHouse.gov, 2/13/09)

FACT: Since The First Stimulus Was Passed, California Has Lost 304,700 Jobs And The Unemployment Rate Has Increased From 10.1 Percent To 11.9 Percent. (Bureau Of Labor Statistics, BLS.gov, Accessed 10/21/11)

THAT IS WHY IN 2012 OBAMA IS HAVING TROUBLE CREATING 
THE SAME SPARK AS HE DID IN 2008

Colorado

Obama Is “Struggling To Regain Altitude” In Colorado. “Barack Obama scaled dizzying electoral heights in Colorado in 2008, pulling off a stunning nine-point win over John McCain in this once reliably red state. But three years later, he’s struggling to regain altitude.” (Glenn Thrush, “No Rocky Mountain High For Obama,”Politico9/27/11)

The Souring Of The Youth Vote Is Obama’s “Most Distressing Trend” In Colorado. “Yet the most distressing trend for Obama, Colorado Democrats say, is the souring of many younger voters, the soul of the president’s support here, and a group that has been hit especially hard in the recession.” (Glenn Thrush, “No Rocky Mountain High For Obama,” Politico9/27/11)

  • They May Vote For Obama, But May Not Be His “Massive Volunteer Army” Like They Were In 2008. “Local Democrats predict twenty-somethings will still vote for Obama in overwhelming numbers next year, with turnout a little lower than last time. But operatives are less sure whether that group will provide the president with the massive volunteer army — about 20,000 strong working out of 50 offices in every corner of the state — that revolutionized local grass-roots politics in 2008.” (Glenn Thrush, “No Rocky Mountain High For Obama,” Politico9/27/11)

CNN’s John King: “Colorado's Democratic Governor John Hickenlooper is with us tonight. Governor, if the election were today, would President Obama carry Colorado?” Gov. John Hickenlooper (D-CO): “It would be very close. It’s hard to say if it was an election today. I think it would depend on who his opponent was.” (CNN’s“John King USA,” 9/27/11)

Former Colorado Gov. Bill Ritter (D): “I’d Say He’s Looking At A High-Wire Act Here.” “‘A repeat of 2008 is very unlikely… I’d say he’s looking at a high-wire act here,’ warns former Democratic Gov. Bill Ritter, who barnstormed Colorado in the waning days of 2008 with Obama and wife Michelle after hosting the Democratic convention here.” (Glenn Thrush, “No Rocky Mountain High For Obama,” Politico9/27/11)

  • “The President, Ritter Added, ‘Is Driving The Bus, And The Person Who Is Driving The Bus In This Economy Will Have A Hard Time Getting People To Hop Back On That Bus.’” (Glenn Thrush, “No Rocky Mountain High For Obama,” Politico9/27/11)

Nevada

Look No Further Than Nevada - And This Swing Voting City - To Understand Why President Barack Obama May Not Win Re-Election Next Fall.” “Look no further than Nevada - and this swing voting city - to understand why President Barack Obama may not win re-election next fall. Unemployment has grown to 13.4 percent, well above the national average, in recent months. The state has the highest foreclosure rate and record bankruptcies. And shuttered casinos collect dust along the glittering Las Vegas Strip that's usually a robust artery of jobs.” (Cristina Silva, “Very Bad Nevada Economy Threatens Obama,” The Associated Press, 10/17/11)

  • “Obama’s Hope Hasn’t Done Anything.” “‘Obama's hope hasn't done anything,’ grouses Larry James, a security guard who moved here from Philadelphia for work a decade ago, back when the state was booming.” (Cristina Silva, “Very Bad Nevada Economy Threatens Obama,” The Associated Press, 10/17/11)

“One Nevada Democratic Party Insider Offered This Tip For Candidates Running For Public Office In 2012: ‘Don't Get Your Picture Taken With President Obama,’ He Said.” (Laura Myers, “Democrats Face 2012 Worried About Obama’s Low Ratings,” Las Vegas Review-Journal9/18/11)

California

Rick Jacobs, Founder And Chairman Of The Courage Campaign: “We’ve Got An Electorate In California That Is Really Deeply Concerned And, Frankly, Unhappy About The Economy.” “’We’ve got an electorate in California that is really deeply concerned and, frankly, unhappy about the economy,’ said Rick Jacobs of Los Angeles, founder and chairman of The Courage Campaign, an umbrella group for activist organizations in California that generally support the Democratic Party’s agenda.” (Roger Runningen, “Obama Tells Donors On Fundraising Trip Partisan Is Holding Up Action,” Bloomberg, 9/26/11)

“The Democratic Base Is Just Not That Aroused.” “’They’re pulling back their enthusiasm — you can see that the Democratic base is just not that aroused’ said Mark DiCamillo, the director of the Field Poll that found Obama at historic lows in California this week.” (Edward-Isaac Dovere, “Obama’s Blue State Blues,” Politico,9/15/11) 

Obama’s Approval Rating Is Below 50 Percent In California, “A State Assumed To Be An Easy Win” In 2012. “Concern about the economy has pushed President Barack Obama's approval rating below 50 percent in California, a state assumed to be an easy win for him in next year's presidential election.” (“Obama’s Approval Rating Falls In California Poll,” Reuters, 9/14/11)


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