Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Monday, July 2, 2012

Where Does Obama See America's Future After Almost Four Years In Office During The Financial Crisis


Barack Obama

President Barack Obama has been America's Commander-in-Chief for over three and a half years, during a monumental financial crisis of global proportions, thanks to Wall Street. Polls indicate many believe that though President Obama did not create the crisis, he has made it worse with policies and plans that failed to stem terrible unemployment, foreclosures and lack of economic growth. 

The question is, with President Obama up for reelection this year, where does he see America's future, in respect to the crisis. To ask for a second term, one must have a clear, workable plan for the economy and good results under one's belt, regarding previous years. What is Obama's game plan for turning the economy around, as many political pundits and economists are not satisfied or convinced by his current course of action, which is being met with greater unemployment and more financial loss.

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Tuesday, June 26, 2012

Obama Sided With The Rich Over The Poor Hence The Financial Crisis Continuing

 

Barack Obama

U.S. President Barack Obama has spent America into a massive hole, in doling out $1 trillion dollars to mostly wealthy financial institutions and businesses that ripped off the American people, then crashed and burned for doing so, when their extortionate fees were not met by the working class.

This has not created a healthy economy, but a severely indebted one, as Obama added $5 trillion to the national deficit in just under four years. Rather than go with austerity, in making much needed budget cuts, living within one’s means and not spending money the government does not have, Obama did the opposite to terrible results. What‘s even more alarming is Obama is determined other world leaders should do the same, when it has not worked for him in America. It's time for a change.

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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

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

Barack Obama Is Talking Like George Bush Did During The Last Year Of His Presidency

     

Barack Obama

Republican challenger Mitt Romney slammed President Obama's statements claiming the deteriorated U.S. "economy is fine." It's ironic, Obama, has been talking just like former president, George W. Bush, in the last year of his presidency, insisting a financially decimated economy is fine.


The ever graceful George W. Bush

The sad fact of the matter is Obama cannot fix the economy and has decided to put a press spin on it, because he wants another four years in office, to spend away the nation's future on a failed political premise that does not work. He has spent more taxpayer money that any president in U.S. history, adding $5 trillion to the national deficit, with no real results to show for it. What he is doing is not working, but he continues to do the same.
STORY SOURCE
 
Boehner, Cantor Pounce on President Obama's Rosy Viewof Private Sector

Obama admits 'private economy not doing fine' aftercriticism

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Saturday, June 9, 2012

Too Big To Fail Or Go To Jail

  
Barack Obama

The current financial crisis which exploded in America in 2008, then spread to the rest of the world, has done significant damage to many people in the United States and around the globe. Yet, in the face of all this financial destruction and ensuing social turmoil, no one has gone to jail or prison in America for these terrible economic crimes that has caused so much suffering.


The term "too big to fail" is often employed regarding major corporations that are experiencing financial loss. However, too big to fail or go to jail, should be added to the term, as the Obama Administration, much like the presidency of Bush before him, have given a pass to financial criminals that have cost America and the world so much. Not exactly a deterrent from committing crime. This is corrupt and needs to be changed.

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Thursday, June 7, 2012

Barack Obama's Back Is Against The Wall In His Election Fight Against Mitt Romney Due To The Economy

         

Barack Obama

U.S. President Barack Obama is facing a massive struggle in the 2012 presidential election, as the economy keeps betraying him and a number of former allies and friends, have spoken out against his policies, branding them failures. 

How do you tell the nation and the world, who have been negatively impacted by the ongoing financial crisis that began on Wall Street, to give you another 4-years to try to sort out the economy, with no guarantees of success. That's a tough sell with nothing to show for it. That's like going to the bank and stating I want to buy the biggest house on the block with no money or successful credit history to show that you qualify.

 
Mitt Romney 

Romney is exploiting Obama's weaknesses, namely the economy, to tell the nation it is time to give someone else a try at cracking the economic crisis, in a bid to return America to prosperity. Romney is also using his governing experience and background in the financial sector to buoy his bid.

For President Obama, it is very difficult to counter such a message with such terrible economic numbers under one's belt. He needs legitimate, genuine results and he needs them now or he can kiss the presidency goodbye.

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Wednesday, June 6, 2012

Mitt Romney Ad Slams Barack Obama For High Unemployment Among Minorities



Mitt Romney's new political ad rips rival President Barack Obama for the high unemployment rate in America, particularly among minorities, such as Hispanics. The ad rolls off a number of alarming statistics about the severity of the unemployment crisis in America that has given many pause regarding the economy. The eye-opening ad is going to cost President Obama votes in the election, which takes place in 5-months.

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Tuesday, June 5, 2012

The Government's Hands Off Approach To Job Creation In America Is Leading To Terrible Unemployment



Barack Obama, Sasha Obama and Michelle Obama

The Obama Administration's hands off approach to job creation in America has created more unemployment. The May 2012 job numbers were very bad. This week it was also announced there has been a sharp decline in factory orders in America.

These are signs the economy is getting worse, not better. As the Judiciary Report stated in 2009, the hands off approach of doling out stimulus money and not having tight controls over where the money landed, would not lead to proper and sustained job creation in America, instead producing artificial growth, which keeps happening. 

The Judiciary Report does not understand how many times the Obama Administration has to hit the wall and face first might I add, before it realizes this financial concept and that the president's policies will keep failing on the current path, which he has tread for nearly 4-years, to disastrous economic results. To outspend every president in history and the nation is still in a financial ditch of unemployment, business closures and foreclosures, says you're going the wrong way.

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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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Friday, June 1, 2012

U.S. Economic Growth Under The Obama Administration Has Been Revised Downward Indicating Woes


Barack Obama

The U.S. economy continues on a negative path downward, as it was revealed yesterday, the Obama Administration had inflated economic numbers for the first quarter of the year. The true numbers have been released and it does not bode well for the president, indicating his economic policies have not been successful. Obama is very keen to obtain another term in office, but the sagging economy is a massive obstacle in his path.

STORY SOURCE


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Wednesday, May 30, 2012

Mitt Romney Is Officially The Candidate To Run Against President Obama In The 2012 Election


U.S. President Barack Obama and Vice President Joe Biden

Is Mitt Romney the next President of the United States of America. It certainly looks that way, as many polls have him in the lead, especially important public opinion and tabulating houses, such as Gallup and Rasmussen. Romney has won the nomination by a clear margin, as was expected this year.


Mitt Romney

President Obama has illustrated he is weary of the Romney challenge, as a series of negative ads, seeking to punish his rival Romney for being a wealthy businessman backfired. What President Obama needs to do is turn the U.S. economy around, rather than running a negative campaign, because such action would permit voters to see actual results, rather than bitter public statements, in support of another term in office.

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Tuesday, May 29, 2012

Obama Struggling Under U.S. And Euro Economy


Barack Obama

Financial data coming out of Washington and Europe indicates, the current U.S. financial crisis, coupled with Euro financial difficulties that spread to the region from America, is greatly damaging any chance President Obama has of being reelected to the White House. It is being reported in mainstream publications, if Greece exits the Euro, President Obama will not be reelected to office.


Is the crisis causing Obama to hit the bottle more (just teasing, he better not!)

Obama has encountered significant trouble with the U.S. economy, which continues to struggle with high unemployment and an enormous national deficit. America is still mired in a financial tailspin and is in need of serious intervention to achieve healthy growth again.

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Wednesday, May 23, 2012

President Obama Goes Off Message In Attacks On Mitt Romney Who Is Favored Among Businesspeople


Barack Obama

U.S. President Barack Obama has been attacking rival Republican, Mitt Romney, in ads and published interviews, which is standard for many politicians during an election. However, in doing so, especially regarding his business skills, Obama has gotten off message, which should be improving the severely damaged U.S. economy. 


Mitt Romney

 Furthermore, in trying to cast aspersions on Romney's business credentials, when he has made $250,000,000 during his lifetime, through what appears to be lawful endeavors, far more than Obama has made, he comes out behind by comparison. It also draws emphasis to Obama's significant troubles regarding the U.S. economy over the past 3 and 1/2 years.

STORY SOURCE

Poll: Swing state small business owners leaning toward Romney
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Saturday, May 12, 2012

Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern



Barack Obama

According to mainstream press reports, multi-billionaire, Eduardo Saverin, the man whose mathematical code was used to build social networking website, Facebook, has renounced his U.S. citizenship acquired in 1998 and moved to Singapore. The Academy Award winning film "The Social Network" exposed the fact that Brazilian born Saverin, who moved to America as a teenager, used money from his dad to start Facebook, but was later robbed.

Saverin met Facebook co-founder, Mark Zuckerberg, the face of the company, at Harvard University, where the two were roommates. Saverin later sued Zuckerberg for trying to push him out of Facebook to steal all the profits and credit, which would not have been possible without Saverin's money or mathematical prowess, via a detailed algorithm he authored.


Zuckerberg also stole the idea for the Facebook website from fellow Harvard students, the millionaire Winklevoss twins, who sued him in court. They were given a settlement, nowhere near what they deserved, but this was due to the fact Zuckerberg lied about the value of the company. The case was reopened but corruptly closed by the court.

The brilliant Saverin left America on April 30, 2012, to start a new life in Singapore, opting to invest in Asian markets and live there "indefinitely." Saverin currently has two companies. There is an emerging trend of brilliant businesspeople leaving the United States, to start lives and businesses in other nations, as the financial climate has become very difficult to maneuver, with no support from the court system or federal law enforcement in the event there is a problem.


The Obama Administration has done very little to stem this new "brain drain" from the nation, as he is preoccupied with his "green" religion of solar power and promoting gay marriage. At the end of the day, if the financial sector is not booming, there will be no money for "green" initiatives or anything else. Please understand that and let it sink in. Realize what it means and the risks facing you as a government. No money, no nothing.

These massive deficits cannot continue. This mass unemployment cannot continue. The nation will collapse under this massive debt and unemployment. You are focusing on the wrong things. As a government, you need to get your priorities in order, if America is to enjoy the unprecedented financial prosperity it had in the past. The past 12 years have been nothing but a lamentable downward spiral.


Eduardo Saverin

People give the government advice and they do not listen, running head on into calamity. The Judiciary Report is on the side of truth and it has been sorely absent in the past two administrations. Over the past decade it has eroded the U.S. economy to astonishing degrees.

The Judiciary Report suggested cutting the deficit, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit and GDP Data Shows The Recovery Failed). The Judiciary Report suggested making stimulus tax dollars stretch in creating jobs, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit). The Judiciary Report suggested the Obama Administration avoid solar and nonessential initiatives, the government did not do it, which turned out very badly (Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People).


Mark Zuckerberg

The Judiciary Report suggest the Obama Administration allow U.S. corporate giants to repatriate nearly a trillion dollars to American shores, with tax forgiveness, the president didn't do it, which turned out very badly, as all that money is working for foreign economies, not America. The type of interest accruing on that money, giving foreign banks capital to work with and move around, could have benefited America, but as usual, the Obama Administration did not listen.

It would have been better for the U.S. economy had the money been in American banks in the States, because the aforementioned corporate giants lose nothing in keeping the money abroad where it is working for other nations. When they choose banks that do not do business in America, they are not subject to American law and do not have to report anything to the Obama Administration. Thus, there is no fear of legal penalty.


The Social Network" movie

The Obama Administration has made it very difficult to do business in America, but unwisely believes its okay, not processing the fact businesspeople can leave and take billions in assets, projects and ideas with them. Then America loses out, all because of a stubborn, unthinking administration that refuses to make things right in the corporate and legal sectors. It is going to add up.

Life is too short. People don't want to go through all that hassle and harassment, as the Obama Administration has been vindictive. People would rather work peacefully and spend their free time enjoying quality time with their family - not worrying about an administration's unorthodox and sometimes unlawful maneuvers, plotting and interfering in their businesses. The American people are going to hold Obama accountable for said "brain drain." So will history.

 
Bill Clinton

It is being reported that fellow Democrat and former President Bill Clinton referred to Obama as "an amateur" for his political and economic failings. Obama is not being smart about a number of issues that are going to come back to haunt him and the government for generations to come. You can lead a horse to water...

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Friday, May 11, 2012

Gallup Poll Reveals Americans Favor Mitt Romney Over President Obama When It Comes To The Economy


Is Obama waiving goodbye to the presidency. According to polls he is doing just that.

For the past several months, Gallup polls have consistently placed Republican Mitt Romney, ahead of Democrat, President Barack Obama, as the favorite to win the next presidential election in November 2012. The state of the economy is not helping President Obama in this regard.


Mitt Romney

A new Gallup poll released this week reveals, many Americans also favor former Massachusetts Governor and wealthy businessman, Romney, over President Obama, in the are of the economy. The public has more confidence in Romney in financial matters, a stance that is aided by his wealth.

STORY SOURCE

Voters Give Romney Slight Edge Over Obama on Economy

May 10, 2012 - WASHINGTON, D.C. -- Registered voters are more likely to say Mitt Romney, if elected president, would do a very good or good job of handling the economy than they are to say President Obama would, if re-elected -- 61% vs. 52%. While the two men earn about equal "very good" ratings, 22% of voters think Obama would do a "very poor" job, more than twice as many as say the same about Romney (10%).

Voters were asked to rate Obama and Romney separately on the economy in the May 1-2 USA Today/Gallup poll. However, when forced to choose between the two in a follow-up question, voters were split about evenly, with 47% saying Romney and 45% Obama.

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Wednesday, May 9, 2012

Is Obama A Friend Of Wall Street Or Of The Average Joe

You Decide. Self-Examination Necessary During Financial Crisis.

 

Barack Obama (Photo Credit: Picture Alliance/Photoshot)

Is U.S. President Barack Obama a friend of Wall Street, which is the corporate sector or the average American Joe, also known as the everyday people. The film "The Obama Deception" labels him, "The most Wall Street president in U.S. history." 

Decisions President Obama has made, such as not increasing taxes on the rich, though the nation needs the money, indicates he is more of a friend to the wealthy in the corporate sector, than the average Joe trying to make it on much smaller salaries, such as minimum wage and those in lower-middle income brackets. 

Has this helped America? No. The anemic economy, with ongoing massive job losses, millions of people giving up on finding work after trying for a significant period of time, foreclosures and bank failures, indicate it has not worked. President Obama has not had success in restoring the economy to its former glory, which is not impossible, as other nations are making strong strides even in these tough economic times. 

Former Presidents, Ronald Reagan and Bill Clinton, understood it was wise to keep a safe distance from Wall Street, only providing a supporting role and different degrees of regulation, lest they get swept up in a world of constantly issuing favors for the ingratiating rich, while the poor pay the price. It's a lesson President Obama would do well to observe and it is a shame he did not do so from year one of his presidency.  
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