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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. [....]