Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Friday, July 6, 2012

Obama Adamant That Obamacare Must Not Be Repealed

Mitt Romney Disagrees And Vows To Repeal


Barack Obama wants Obamacare to stay 

Yesterday, U.S. President Barack Obama stated his health care plan, which has been dubbed Obamacare, will not be repealed, "The law I passed is here to stay." Mitt Romney, the man running against Obama in this year's presidential election, disagrees, stating he will repeal Obamacare if he is elected President of the United States in a few short months.


Mitt Romney counting the cost of Obamacare, says it must go

The costly health care plan has been met with severe criticism, over what it has done to the national deficit and the terms contained therein, such as taxpayer money paying for abortions, something that has caused offense among Christians. Obamacare, which occurred early in Obama's presidency, seemed like a rushed job.

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Thursday, July 5, 2012

Mitt Romney Referred To Obamacare As A Tax

Many Others Do As Well


Barack Obama

Republican presidential challenger, Mitt Romney, referred to U.S. President Barack Obama's health care plan, dubbed Obamacare, as a tax. This assessment is based on the financial terms of the program. Each person in America will be required to pay several hundred dollars per year or a percentage of their income for health insurance, as a tax, as ruled by the U.S. Supreme Court. It's the only way the Supreme Court, now apart of the Obama Administration, could get the bill passed. However, President Obama doesn't care for the tax label.

The Judiciary Report is of the belief, America needs a health care program, but the proposed terms will prove insufficient in many cases to offset the cost of medical treatment. For example, when I became deathly ill due to the criminal harassment in this case, over the course of one year, between 2008 to 2009, my medical bills totaled roughly$100,000. This was due to the amount of medical scanning that was done. The Obamacare yearly fee wouldn't have even covered the cost of my hospital room for four days.  


Mitt Romney

The American medical system is one of the most expensive in the world and needs to find a way to reduce the cost of scanning/imaging. So many people undergo at least one type of scan per year at a hospital, which will exceed the equivalent of one year's Obamacare fees. The cost of medication needs to decrease as well, as some pharmaceutical companies simply charge too much money for their products. It often takes pharmaceutical companies a few pennies to manufacture each pill and as the ingredients are often not expensive, the massive mark up is purely for huge profits.

Obamacare will not solve America's health woes, just increase the deficit by trillions of dollars, in acts the nation can't afford and suffer from financial shortages, rather than surpluses. America needs  a solid health care program and if necessary, legislative measures to address the pharmaceutical and medical equipment manufacturing industries. A handful of well connected companies are making many billions per year, while the American people pay a terrible price for it.     

STORY SOURCE


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Friday, June 29, 2012

How Will Obama Pay Back The $5 Trillion In Debt He Has Added To The U.S. Deficit


Barack Obama

Being President of the United States of America comes with many responsibilities, such as setting the political agenda for the country and determining aspects of the national budget. As has been widely reported, U.S. President Barack Obama added $5 trillion dollars to America's national deficit, with wild spending that has not panned out or fixed the economic crisis.

The question remains, how will President Obama repay the $5 trillion dollars. His proposals for doing so, have been met with sharp criticism by the Congressional Budget Office (CBO) and economists alike, stating his plans do not add up and will not reduce the deficit. It was so easy to spend that money, but paying it back is another story via a debt Americans will be saddled with for generations.

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Saturday, June 16, 2012

The $5 Trillion Dollar President (Why It Was Not A Good Idea For President Barack Obama To Spend That Much Money)



Two big spenders, former President George W. Bush and current President Barack Obama 

U.S. President Barack Obama has added $5 trillion to the national deficit in America. The president's supporters often defend everything he does, which is not a good idea, as his administration needs a healthy dose of criticism, because it is about to hit a wall head on. 

To have spent that significant sum of money was to weaken and deteriorate the U.S. economy and currency in the world. It also means having gone down in world history as the president that spent the most money in United States history, which is a dubious distinction. Presidencies are supposed to be about wise governance, restraint, productivity and efficiency. How is the nation going to repay that massive debt, which has the government greatly indebted to foreign countries.

Some keep emphasizing the point that there are those out there who believe former President George W. Bush did more damage to the U.S. economy than President Barack Obama. In some ways, yes. In other ways, no. Bush initiated the damage and negligently tried to cover it up, wasting valuable time that allowed the crisis to morph and mushroom. However, Obama has unadvisedly spent $5 trillion trying to fix it, making the crisis exponentially worse. 

Furthermore, Obama is not running against Bush in this year's presidential election. Obama is running against Mitt Romney, a successful, wealthy businessman that has years of governing experience from his time as Governor of Massachusetts. Having written that, the next president is going to have a very tough time trying to reduce the deficit after what the Obama Administration has done to it. It is mind-boggling how much money Obama has spent. Future generations will ask, why didn't Congress stop him before it reached said terrible figure. 

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Friday, June 15, 2012

Barack Obama In Over His Head With The Economy And In Need Of Help


Barack Obama

Dismal economic numbers indicates, U.S. President Barack Obama is in over his head and headed for a one term presidency. Some of it has to do with the company he keeps. If he had spent more time with business gurus such as Warren Buffett and less time with Hollywood celebrities, the economy would be in a much better state. Obama's preoccupation with Hollywood is costing the nation plenty. 

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Wednesday, June 13, 2012

After Heavy Criticism In The Press Obama Flees Washington For Chicago

But Just For The Weekend


Barack Obama

With his poll numbers down, members of his political party turning on him, his Attorney General, Eric Holder, facing contempt charges in Congress and presidential challenger Mitt Romney beating him in major polls such as Gallup and Rasmussen, President Obama has opted for a few days away from the pressure pit that is Washington.    

The First Family of America have decided to spend the weekend in Chicago, where they own a home that was purchased in a controversial real estate deal. This is awfully scaled down for them. What? None of the usual exotic vacations with lobster, caviar, champagne and expensive cuts of beef on the taxpayers' tab, while the nation careens into poverty? 

The Obamas are used to very expensive vacations, with plush rentals and exorbitantly priced food that exceeds most people's weekly grocery bills, in just one meal. Meanwhile, according to a newly released report, American wealth has plummeted due to the current financial crisis, with households in the United States, seeing a 40% decline in income and assets, stripping away 18-years of progress in the space of 3-years.

The president is very good at spending other people's money. $5 trillion of it, in fact. It has left America in a terrible quagmire, regarding how to get rid of $5 trillion in debt President Obama irresponsibly ran up in a couple years. You can't call that an improvement. The nation has regressed.

Obama supporters need to wake up and smell the coffee, as that debt is going to take generations to payoff, saddling your children and your children's children with a financial burden they did not create, which will hamper America in the world. It was not good economics.

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A Healthy Financial Balance

...And How The Very Rich Destroyed It For Everyone


President Barack Obama and former President George W. Bush  

The world once had a healthy financial balance. In the 1980s and 1990s, things were still pretty good in the world of economics. The current financial crisis, which began in America and then gripped the globe, due to the corporate sector having been deceitful with investors, regarding the true value and projected growth of their products and investments, in addition to engaging in thievery, marks an historic attempt by the rich in society to greedily own it all.

There is a terrible elitist attitude among many of the very rich in the nation, who are ripping off and gouging the middle class and poor, that only they should be wealthy. They try to hold people back from moving up in the world, as they want to stop others from prospering, like they have some exclusive patent on wealth. Such conduct is despicable.

They have become obsessed with numbers and bank balances. As a result, they threw off the national and global financial balance in the world, determine to increase theirs in any dishonest manner they can. This unholy greed and avarice that has consumed the rich, has brought America and the world down, in this unyielding financial crisis, which will be shamefully remembered for generations to come, in a disgraceful story taught in schools as what not to do. 

This elitist criminal conduct is also very unwise, as there is only so much the people will take.  The Judiciary Report is not trying to instigate violence, but sounding the alarm to the government that they need to get their act together, because historically speaking, when things have reached a certain point in world history, people react. When people can't keep a roof over their heads or feed their families, they react. People hate suffering, especially situations brought on through no fault of their own (getting laid off or robbed).

Stop shielding financial fraudsters and high profile criminals continually breaking the law to get rich and richer, as it is causing America to get poorer and poorer. Even with all the stealing and gouging that was done by the rich and those seeking to become so, America has never been so poor, meaning this criminality is setting the nation backwards, not "forward" (Obama's new slogan is, well, "forward").

Why should millions of people suffer because of a few hundred rich thieves, fraudsters and schemers, too lazy, covetous and overindulgent to get real jobs and accept the fact the world is not their oyster for the taking stealing. Learn from world history or things will not end well.

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Tuesday, June 12, 2012

Will Hollywood Tank Barack Obama's Presidency And Scupper His Reelection Bid


First Lady Michelle Obama and Barack Obama

The Hollywood Reporter recently published an article about Obama meeting with Hollywood stars, in what is the umpteenth time over the last month. They have been throwing cash Obama's way to bend him to their social agenda, but have not provided him with credibility with voters, as a number of surveys and studies have indicated, the nation does not take Hollywood seriously when it comes to politics. 

This begs the question, why does Obama take Hollywood seriously, which is an unwise thing for any head of state to do. The president constantly has Hollywood stars at the White House and has been criticized in the mainstream press for throwing too many lavish parties at the official residence in Washington, replete with a number of celebrities present. 

Considering the economy is failing in a terrible way, it makes one wonder who Obama is taking advice from. Hollywood no doubt. This is ironic, as the majority of Hollywood films released this year have been financial disasters, with the sole exception of "Avengers." Much like Obama spending the taxpayers' money, Hollywood is losing billions of flops.

Many have taken note of Obama's Hollywood styled presidency of big budgets, many luxury vacations and a liberal negligence that has caused a social uproar among the nation's religious groups, such as Christians and Muslims, who have branded his policies irresponsible and offensive. Will Hollywood cost Barack Obama the presidency of the United States. Stay tuned... 

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Saturday, June 2, 2012

President Obama Hit By Terrible Jobs Report That Critics State Harms His Chance Of Reelection


Barack Obama

U.S. President Barack Obama has bit hit by a terrible jobs report, greatly aiding in destroying his chances of reelection. The U.S. economy is adding jobs at a very anemic and slow rate. The latest jobs report sent stocks plunging, renewing concerns the economy is still mired in the financial crisis, which exploded in 2008.


Mitt Romney

President Obama has to be concerned at this point, as the same terrible financial crisis, gave him an edge in 2008, over then incumbent, George W. Bush. It is now working in his opponent's favor, as challenger Mitt Romney is seen as the likely successor and the next man to have a go at repair the economy. The former Massachusetts Governor and wealthy businessman referred to the current jobs report as "devastating."

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Tuesday, May 29, 2012

Who Does Congress Answer To Regarding Accountability


Congress

In light of Congressional approval numbers hitting an all time low, one has to ask, who does Congress answer to and why are they doing such a poor job. At times it seems the U.S. Congress answers to no one in the country, spending away the people's tax dollars of fruitless initiatives that go on to fail. Wouldn't true accountability and term limits on members of Congress be better. Would it not prompt better job performance and less financial waste.  
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Tuesday, May 15, 2012

Can President Obama Overcome The Huge National Deficit In Time For The Election

Not To Mention His Deficit In The Polls


Barack Obama

Can President Obama really tame the unruly national deficit that has hit $15 trillion dollars. He has added more to it than any other president in U.S. history. So it is his responsibility to reverse the damage. However, with less than 6-months to go until the next election, the question is can he.  

Obama is also running a sizable deficit in popularity polls to determine the presidency, after several missteps that pushed public opinion in the other direction against him. Who is his campaign manager and why are they making such poor decisions that are costing him votes right before the election.
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Wednesday, April 25, 2012

President Barack Obama Still Lagging In The Polls Behind Mitt Romney


Risks Landslide Loss If He Does Not Repair His Campaign


Barack Obama

Gallup and Rasmussen polls have incumbent President, Democrat Barack Obama, lagging behind rival, Republican, Mitt Romney, in the polls. Newspaper and network polls have been more favorable to the president, but independent polling houses tend to get it right more often\.

The struggling economy, multi-billion dollar solar initiative failures, "Fast And Furious" gun trafficking disgrace and Secret Service prostitution scandal, are negatively impacting Obama at the polls and with voters, as it has created an air of chaos and disorder over his campaign. It gives the impression the house that is his presidency is falling down around him. 


Mitt Romney

To be an effective head of state, one must be authoritative, intelligent, tough and charismatic. People have more confidence in heads of state who have things firmly under control. To do otherwise, will be interpreted as a lack of leadership and good judgment. One must have good intuition and be decisive. Image and actions matter in politics.
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Tuesday, April 17, 2012

Has Obama Learned Heads Of State Can't Be Too Friendly With The Business Sector

Barack Obama

President Barack Obama is learning the hard way that heads of state can't be too friendly with the business sector, as economic numbers continue to worsen. Some businesspeople and companies are decent. However, some are not and those are the ones that will take you for a chump they can use as they see fit, for being too friendly, which they interpret as weakness and vulnerability.

After almost 3 and 1/2 years in office, the Obama Administration has failed to fix the U.S. economy, that was decimated by former president, George W. Bush. Obama's spending without increased taxation on the rich, made matters worse. Now the nation has the biggest deficit in its history and is hemorrhaging money at a drastic rate.

The Judiciary Report tried to help Obama with published suggestions on the site, from the minute he assumed office, to help dig America out of the hole Bush dropped the nation in via excessive spending. The site recommended, among other things, raising taxes on the rich, budget cuts via eliminating wasteful government projects, avoiding costly newfangled tech spending (solar) until things were on firm financial footing regarding the Treasury and small salary and expense cuts to high ranking and mid-level members of government.

Obama did none of it, believing it was best to attempt the risky maneuver of spending money to make money and it failed. The president made a costly bet that did not pay off. He let the corporate sector grab his ear and befriend him, to do their bidding in the advancement of their personal, offshore hidden wealth, but it damaged the economy in the process. America has not benefited from these policies.

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