Senin, 30 Januari 2012

Financial Experts State The U.S. Economy Is Permanently Damaged

Sustained Economic Deterioration Caused Lasting Damage

Barack Obama

U.S. President Obama has been unable to fix the U.S. economy, which is burdened with stubbornly high unemployment, millions of foreclosures, significantly decreased property values and many shuttered businesses. This month, international experts are now of the belief the U.S. economy will not recover to what it once was, as the damage is so widespread and has persisted for four years, creating a last effect. Experts from Canada (Bank of Canada Governor Mark Carney) and Europe have gone on record voicing these opinions this month.

The Judiciary Report stated the same previously: Ben Bernake Didn't See The Financial Crisis Coming and Wall Street Protesters March Outside The Home Of Greedy CEOs.

The irony is the problems could have been corrected, but Obama’s wasteful spending aided banks and corporate titans, who have hoarded and hidden taxpayer bailout money, rendering it useless to the U.S. economy. However, it has stimulated the off shore banking sectors of foreign economies using the funds to make more money.

President Obama is in bed with Wall Street and the corporate sector, in a manner that has given them free reign to do as they please, which is what caused the crisis in the first place under former President Bush. Rather than taking to task offenders in the corporate sector, President Obama has enriched them with hundreds of billions of dollars in taxpayer money and no ground rules regarding gouging and theft, allowing them to get away with murder against the populace.

It has caused the failure of his presidency and if polls are any indication, he shall not have a second term to correct his damaged legacy in the history books, something his family will have to live with. It is extraordinary what Obama has looked the other way to and the terrible damage it has caused America and the world.

The corporate sector does have the ability to lavish massive campaign donations on Obama, to pay for many commercials and internet ads. However, there aren’t enough people in the corporate sector to get him reelected, under the anger and disappointment of an abused and offended nation of 305,000,000 people, who have lost so much during his tenure.

President Obama's deeds have shown he is not for the working class and the poor, but his filthy rich campaign donors. Under Obama the rich have gotten richer and the poor have gotten poorer. This must stop if America is to have a bright future.

RELATED ARTICLES

President Obama's Attorney General Eric Holder Connected To Banks Responsible For The Mortgage Crisis

President Obama Nixes Canadian Oil Pipeline To America That Would Have Created Jobs And Revenues

The Obama Administration Lost Billions In Taxpayer Money On More Green Companies That Failed

Obama Referred To Newly Bankrupt Solyndra As "A Good Bet"

President Obama Was Ready To Give Solyndra $500 Million More After Finding Out The Company Was Failing

Executives From Obama's Bankrupt Solyndra Will Plead The Fifth In Congressional Hearing

Government Gullibility: Played For Suckers Or Was Solyndra A Front For Something Else

Obama Administration Mum On How Many Jobs They Can Create For $420 Billion In Taxpayer Money

Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People

Tidak ada komentar:

Posting Komentar