We did it ladies and gentlemen...we finally got back to that double-digit promised land.

Of course, we've been in double digits probably since just after Obama was elected in real unemployment numbers, but when we get there using the Government's skewed standards, it's a psychological plateau because people look around and say..."10%? Man, that's bad!"

There's no jobs out there folks. Nobody is hiring. You can expect this number to grow and grow every month for the foreseeable future.

It is bad and it's going to potentially get a whole lot worse. Congress is contemplating passing the two largest job-killing bills in American History and they want to do it one on top of the other.

ObamaCare will absolutely destroy the health care industry and coupled with the disaster it will be for the insurance industry, we're talking hundreds and hundreds of thousands of jobs lost. There's no way around it. There's no "green" alternative to catch the fallen.

Cap and Trade, in either form, hell in any form, will be even worse. You can count on millions of jobs lost under any kind of government takeover of the energy industry. And that's all it is. Just like ObamaCare is nothing more than a government takeover of the entire health care industry, so is Cap and Trade a government takeover of the entire energy industry.

That's...all...it...is. I am guaranteeing 25% unemployment if both bills pass. It's not rocket science. This is economics 101.

This is how socialism works people. At least, this is how it works in a once-great Capitalist nation. We're in the "tear down" phase, where Government passes laws that cost millions and millions of people to lose their jobs, making them entirely dependent on the Government. Then, when that number is so high that the producers can't support them and inflation has completely destroyed the dollar, Government just comes in and confiscates everything from the people, scraps the currency and declares us all equal in the eyes of Obama...or, whoever happens to be in charge at that point.

Listen, I don't think we'll get there, ever. I think America really is unique. I'm just pointing out how it would be done. I think America and Americans have a breaking point beyond which we will not tolerate government intrusion any longer. I don't know if we'll get there or not. That's the real question for me. I hope we can beat back ObamaCare and Cap and Trade so we don't ever have to approach that precipice. September 12, November 3 and the whole month of August have gone a long way towards seeing that happen.

ObamaCare is not inevitable. Cap and Trade is not inevitable. We're winning this fight right now.

One positive side effect of 10% unemployment is that there's a good possibility many others who may not have seen the light yet, will be blinded by it now.

Russ