Analyst's note: Absolutely must read. Thought you'd like to know. And this at a time when Israel's Clock Approaches 'High Noon' Regarding Iran and at a time that we know that Iran moved 40,000 terrorist agents to S. America - the Islamist threat here! What could possibly go wrong here .....?
"President Obama is trying to prevent thousands of layoff notices from going out a few days before the November election, Sen. Jame Inhofe (R-Okla.) said on Tuesday.
Obama's Labor Department on Monday issued "guidance" to the states, telling them that a federal law requiring advance notice of mass layoffs does not apply to the layoffs that may occur in January as a result of automatic budget cuts known as "sequestration."
[....] Under the Budget Control Act of 2011, if Congress can't produce deficit-reduction legislation by the end of the year, automatic spending cuts will take effect in 2013, split 50-50 between domestic and defense spending. That amounts to a $500-billion cut to the Defense budget over ten years. [....]