Polls Indicate These Are Obama's Last Few Months In Office But He Does Not Agree

Barack Obama

Polls are indicating U.S. President Barack Obama is set for defeat in the upcoming presidential election. Obama has had a challenging presidency thus far. He inherited a terrible economy from former President George W. Bush and sadly made it worse with massive spending that added $5 trillion to the national deficit. This week, former chairman of the Federal Reserve, Democrat, Alan Greenspan, stated Obama not tackling the deficit was his biggest mistake. It certainly was one of his bigger mistakes.

Frugality in the federal government would have come in really handy, but the Obama Administration's mantra has been the old phrase, "You've got to spend money to make money." But spending money you don't have on risky ventures, such as green initiatives, did not pan out (and the Judiciary Report stated it wouldn't from the start).

Alan Greenspan

America would have gotten a better environmental return in said green realm, simply by doing what Britain has done, in investing more in public recycling trash cans in major cities and given incentives to people that take public transport and cycle, instead of drive. It would have been a good start until additional funds became available in the event the economy improved.

As it stands, the government is scaring businesses away. Obama has refused to give American corporate giants clemency in bring nearly a trillion dollars back to America, after they went abroad seeking a lower tax rate. As a result, other nations have and continue to richly profit from U.S. companies' funds abroad, as said corporate giants are paying taxes in foreign nations and hiring abroad as well for their *cough* "headquarters."

        

Presidential challenger Mitt Romney

Giving corporations a fair tax rate would give many reason to keep or return their businesses to the United States, but the government is playing hardball with them, when the ball really is not in their court to do so. However, individuals that are wealthy should face a slight tax increase on their income to help out during the financial crisis that some of them helped to create via greed and gouging the public in their job posts.  

5.6 Million U.S. Homeowners Are Behind On Their Mortgage Indicating More Help Is Needed To Rescue Taxpayers

 

Barack Obama

According to the latest housing numbers coming out of America, 5,600,000 Americans have fallen behind on their mortgages, skidding into foreclosure. This is sad and preventable. It is an indication the government is not doing enough to help homeowners, who are the taxpayers. Money designated by President Obama for exploratory initiatives, such as those in the solar and environmental sectors, which have failed, could be used to help homeowners.

Already billions have been lost on the aforementioned exploratory ventures, best suited for a time America is not in a financial crisis, as the Judiciary Report has maintained from before they failed. The rest of the money intended for said exploratory ventures need to be diverted to homeowners with troubled mortgages.

These delinquency numbers would not be so astronomically high, if bank and government modification and foreclosure prevention programs were working correctly. Something is wrong in the system and it needs to be fixed. At some banks, you can't even get modification and foreclosure prevention specialists on the phone. It's often an answering machine and they call you back at the strangest hours, when you are at work and unable to properly discuss your financial situation.

America will not be made better by people losing their homes, so banks can add the properties to their stockpile of homes that are not selling. The stagnation is not healthy for any economy, as the empty homes sit there devaluing and rotting away. More government intervention is need immediately.

STORY SOURCE

5.6 million mortgages in America are delinquent

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.

Another Solar Company That President Obama Gave Billions In Taxpayer Dollars Is Declared Bankrupt

Bad Barack Investments

Obama: okay, so maybe they didn't work

Solar Trust for America has been declared bankrupt by the Obama Administration, after the president gave the company $2.1 billion dollars in taxpayer money. Solar Trust for America is another of President Obama's green Company projects that has gone belly up.

The Judiciary Report has consistently warned against such initiatives, as the nation is currently not on solid financial footing. Amazingly, President Obama is not off these green companies and giving them large amounts of taxpayer money, though several of them have hit bankruptcy.

This is very unwise. This taxpayer money could be better used to create jobs in industries that are proven winners and moneymakers. It is a grievous mistake to keep pumping taxpayer funds into entities that keep failing. It is the definition of financial insanity.

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STORY SOURCE

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