Tampilkan postingan dengan label economics. Tampilkan semua postingan
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Kamis, 12 April 2012

Obama Confronted In Television Interview About Taking Many Vacations While Americans Suffer During Financial Crisis

President Barack Obama was confronted in an interview, regarding taking a number of expensive vacations, while many Americans can no longer afford to, due to the ongoing financial crisis. Interviewer Larry Conners stated something the Judiciary Report has for many months, President Obama has become "out of touch" with the people.

Barack Obama

For well over a year, the Judiciary Report has advised it is best for Obama to cancel his vacations and his family needs to tone it down in this regard as well. Taking a few days off at home would have been better and sent the right message in these tough economic times. However, since that time, President Obama has taken several more vacations and expensive ones at that, which all went over badly with the public and in the press.

STORY SOURCE

Obama Hammered for 'Jetting Around,' Taking Vacations While Americans Suffer

Selasa, 03 April 2012

Report Indicates The State Of The Economy Is Tanking President Obama's Chance For Reelection In November 2012

Barack Obama (center)

MSNBC political pundit, Chris Matthews, who was also a speech writer of former President Jimmy Carter, this week stated what the Judiciary Report has maintained for the past two years, the failing economy is going to help destroy President Obama's chances of reelection in November 2012. The Judiciary Report stated it is imperative that Obama turn the economy around and act with transparency, to receive a second term and he has not. The numbers are still bad.

Matthews stated of the economy this week, "It is not 'steaming ahead,' unfortunately. The growth rate is well below 3 percent and that is not strong enough to bring people back to work in the numbers that will instill confidence that the country itself is headed back to business...we have a housing problem that remains an albatross--a difficult-to-explain, but devastating, situation that somehow seems to undercut a true recovery." Matthews also lamented rising has prices and their negative effect.

STORY SOURCE

Matthews: Economy is weak and could sink Obama

Selasa, 27 Maret 2012

Rising Gas Prices, Foreclosures And High Unemployment Are Posing A Threat To Obama's 2012 Presidential Campaign

Barack Obama

Reports reveal rising foreclosures, gas prices and high unemployment are damaging U.S. President Barack Obama's reelection bid, as he is being blamed for the terrible financial state of the nation. Challenger Mitt Romney is faring better in the polls, due to his business background, which has made him the frontrunner in the election for the Republican nomination and presidency.

Obama's struggle with the economy and the visible ongoing financial deterioration is diminishing his bid for a second term. The economy is at another crucial juncture and the nation does not have four more years to give away to economic losses and undue financial hardships. The sense of urgency is sorely missing in the government.

STORY SOURCE

Could rising foreclosures hurt Obama in 2012?

04:54 PM ET, 03/26/2012 - Either way, however, it appears that voters will be watching the housing market closely in this election, and they’re inclined to think it will work against the president’s chances: According to the Trulia survey, 73 percent of Republicans and 57 percent of Democrats believe that housing will hurt Obama’s reelection bid — 65 percent of Americans overall.

http://www.washingtonpost.com

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Mitt Romney Is Accusing President Barack Obama Of Driving Up Gas Prices To Get Americans Off Oil

Obama Is Conflicted Over The Path American Energy Should Take

Barack Obama's Reelection Campaign Being Harmed By Rising Gas Prices In America

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

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

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

Senin, 19 Maret 2012

Mitt Romney Accuses President Barack Obama Of Driving Up Gas Prices To Get Americans Off Oil

Republican candidate and nomination frontrunner, Mitt Romney, is accusing President Barack Obama of fulfilling a 2008 campaign threat of driving up gas prices, to get Americans off oil, as emissions are allegedly creating global warming. Obama also invested $20 billion dollars in taxpayer money to launch solar companies that failed shortly after, losing the full amount of funds, on more of his unsuccessful energy policies.

This conduct is very unethical and financially unsound, especially during an economic crisis. Rather than turn to science for answers and innovations to reduce carbon emissions, the Obama Administration is guilty of getting carried away with its newfangled, tree hugging, moon baying philosophical beliefs on energy, at the expense of 305,000,000 people.

Barack Obama

It is inexcusable, as gas prices are helping to bankrupt Americans. And we know said energy policies failed because a.) Obama's solar pet project companies went bankrupt, adding to the national deficit and b.) nobody can afford gas - even rich people are complaining. So instead of making America billions, as the Judiciary Report suggested three years ago, the Obama administration is costing the nation billions (Obama Is Conflicted Over The Path American Energy Should Take).

I do believe, by the grace of God, there are scientific answers to these problems, but President Obama only throws taxpayer money at his big campaign donors, who aren't really scientists and have the business acumen and brainpower of Fred Flintstone. The Judiciary Report will not applaud this madness, as qualified scientists and the best and brightest of Silicon Valley should have gotten research and business start up money. Obama's campaign donors wasted billions in taxpayer money the nation will not see again.

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Obama Is Conflicted Over The Path American Energy Should Take

Barack Obama's Reelection Campaign Being Harmed By Rising Gas Prices In America

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

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

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

Sabtu, 17 Maret 2012

Obama Is Conflicted Over The Path American Energy Should Take

...And It Is Costing Taxpayers A Bundle

Barack Obama

President Obama stated today that America needs to gain energy independence, but this is something he has acted against throughout his 3-years and 3-months in office. The Judiciary Report supported the Keystone Pipeline that President Obama opposed. Later on, former President and Obama's fellow Democrat, Bill Clinton, came out in support of the Keystone Pipeline.

However, this still did not convince Obama, though Clinton had the most financially successful presidency in American history, where people of different classes prospered. A few years prior, in 2008, the Judiciary Report advocated America using coal for fuel (Congress And Bureaucracy).

Once again, Obama has been against that as well. He's saying one thing and doing another. That is not going to help the U.S. economy rebound. He's lost three years that could have earned and saved the nation billions in energy sales, using the natural resources available in America.

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Barack Obama's Reelection Campaign Being Harmed By Rising Gas Prices In America

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

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

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

Selasa, 13 Maret 2012

Polls Concur Republican Candidates Are Rating More Favorably With The Public Than President Obama

The Economy Is The Driving Factor

President Barack Obama

Several weeks ago, Gallup polls indicated President Obama, the head of the Democrat Party, is set to lose the November 2012 election by a significant margin. Now the Rasmussen polling company has released its data, revealing Republican frontrunner Mitt Romney and his fellow political party member, Rick Santorum, are several percentage points ahead of President Obama in the polls for the presidency. Romney is carrying the clearest lead.

None of this spells good news for Obama. The economy is the main issue weighing on people's minds, as folks simply can't pay their bills, due to the significant rise in the cost of living in America. Many have lost their homes, cars and savings. Romney's business background is helping him in the polls in this regard.

I don't believe President Obama grasped the severity of the situation when he assumed office, regarding how much damage had been done during the Bush years, but refused to listen to sound advice and spent $5 trillion dollars more. There are always times in life we can learn from history and forbearers, regarding what works and what does not in times of crisis.

Former Massachusetts Governor and Republican Party frontrunner Mitt Romney

Obama entered office with his own ideas and he was and is entitled to that. However, he owed it to the nation to follow the financial examples of those that came before him, who succeeded in office during tough financial times, such as former President Bill Clinton and in Britain, former Prime Minister Margaret Thatcher. They saw turn arounds and profitability during their tenures, during rough economic times.

Bush and Obama spent America into a hole, following their philosophical beliefs that did not pan out. There ought to be a law that a head of state can only spend a certain amount of money and no more, with rare exceptions granted. It is going to take many years to tackle the national deficit and that is only with a president that knows finance well.

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Gallup Poll States Barack Obama Is Going To Lose The 2012 Presidential Election By A Landslide

Selasa, 21 Februari 2012

President Obama Abandoned The Buffett Rule Regarding Taxing The Rich

What This Will Mean For The Economy

First Lady Michelle Obama and President Barack Obama

Forbes magazine did a write up on President Obama abandoning the Buffet rule, named after billionaire Warren Buffett, regarding rich people not paying enough taxes in America. President Obama's budget made public this month, contains no such rule, which means less revenues for the treasury to create jobs for the unemployed in America and pay down the massive national deficit. Obama flinched at the last minute, bowing to the rich, when America needs the tax revenue. His new budget is more of the same, which has been unsuccessful for three years.

If I were a head of state, under current economic conditions, as I have maintained in articles for years, I'd raise taxes on the rich. My attitude would be: *rolls eyes* what are they really going to do to me - besides that's what they make bullet proof vests for. Everyday I'd also say to my bodyguards, "We're not married, why are you walking beside and not in front of me - because if they shoot me, I'm going to shoot you. It's easy to remember, if I get shot, you get shot."

STORY SOURCE

Where Did the Buffett Rule Go?

2/15/2012 @ 5:12PM - In last month’s State of the Union address, President Barack Obama endorsed a so-called “Buffett Rule”: an additional alternative minimum tax that would ensure that people making over $1 million would pay at least a 30 percent tax rate. So it comes as some surprise that the President’s budget, released this week, doesn’t contain a Buffett Rule.

In the written budget narrative, Obama lays out broad principles for tax reform, including a call for the Buffett Rule. Other items in that narrative include lower tax rates with fewer deductions and exclusions, making tax incentives more progressive, and “fundamental corporate tax reform.” But none of those proposals are actually scored in the budget tables—while Obama is saying they would be a good idea, he is not proposing them for Fiscal Year 2013. Instead, the White House’s proposals for new revenue are a rehash of what it has proposed in the past...

http://www.forbes.com

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.

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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

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Kamis, 19 Januari 2012

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

It's amazing that President Obama gave away $18,500,000,000 in taxpayer money to his campaign donors in the green/solar industries, for companies that have since filed bankruptcy and failed, laying off thousands, yet he nixes the Canadian Oil Pipeline to Texas in America that would have created jobs and revenue. Oil is a proven revenue source. Solar, though it is useful, is not. What is wrong with this picture.

Barack Obama

President Obama scrapping the pipeline is another example of his poor business acumen and terrible choices in the area of economics. This is not good business strategy. America cannot take another term of such poor decision making. President Obama has a bias against oil and gas, as it does not fit with his costly, failure prone green vision for America and it is burning a lot of business people in the nation and abroad. He is not being practical and it is costing America plenty.

RELATED ARTICLE

Kamis, 12 Januari 2012

President Obama’s Parade Of Hollywood Stars And Execs At The White House Means No Real Work Is Getting Done

Barack Obama

President Obama has come under fire for having a Hollywood themed Alice In Wonderland party on Halloween 2011 at the White House, replete with actors and actresses from the movie. This week Hollywood stars Angelina Jolie and Brad Pitt were photographed at the White House in the Oval Office with the president.

A few days ago a scandal erupted again over President Obama leaking classified documents on Osama Bin Laden to Sony for a movie to be released right before the 2012 presidential elections, hoping it will result in votes (uh, no, as the economy is still in negative territory). Any head of state so preoccupied with fame is bound to fail in office, especially in the area of finance, which requires constant focus, concentration and work.

The Obamas and "Alice In Wonderland" cast at the White House

Hollywood is vain entertainment. They know nothing about politics, finance or positive social reform. President Obama has not chosen his company wisely and it has cost him support among everyday folks that do not look to Hollywood for political inspiration.

Kamis, 29 Desember 2011

Mrs. Obama Being Criticized In The Press For Her Expensive Clothes During Hawaii Vacation

The Obamas

First Lady Michelle Obama is being criticized in the mainstream press for the expensive clothes she has been wearing on vacation. It is estimated the dress she is wearing in the photo posted above retails for $2,000. This coupled with the First Family's expensive vacation to Hawaii, costing taxpayers $4,000,000, plus additional costs for Mrs. Obama leaving days early, is not going over well in the press.

Former First Lady Nancy Reagan used to be criticized for wearing expensive designer gowns, but Mrs. Obama has surpassed her spending, much like Mr. Obama has spent more money in office than any other president in U.S. history. The virtues of cost cutting, thrift and leading by example are lost on the First Couple, which is a shame, as the nation is in the midst of a financial crisis that is worsening.

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Mrs. Obama Slammed In The Press Again For Running Up The Tab On Her Family's $4,000,000 Hawaii Vacation

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Rabu, 28 Desember 2011

GOP Candidates Slam Obama As A President That Has Greatly Damaged The U.S. Economy (Video)

The Election Is Heating Up


Mitt Romney spoke at a campaign gathering recently, slamming President Obama and his handling of the U.S. economy. Everyone from Rick Perry to Newt Gingrich has stated, the U.S. economy cannot withstand another term of Obama in office at the White House. Perry and Romney have the strongest backgrounds in the area of job creation and budget management.

America needs a president that understands finances. Regrettably, President Obama has made very poor financial choices that made the economy worse, after the beating it took under former head of state, George W. Bush. If America does not get a finacially astute president in the White House by the will of the people in 2012, the nation's financial fortunes will take a greater turn for the worse.

What Will 2012 Bring The U.S. Economy

There's Trouble Ahead

Barack Obama

Due to choices made by President Obama and members of Congress that backed his decisions, the U.S. economy is headed for more trouble in 2012. The debt load is far too high for any nation. The government continues to spend more than it takes in, which in the realm of common sense, is disaster waiting to happen. If this continues, America (U.S. government) will default on all its debts.

This past weekend it was announced, President Obama, is set to go back to Congress to request $1.2 trillion dollars in new spending. Somebody's going to pay for that and it is going to be the taxpayers. President Obama is saddling the nation's current and future generations with unprecedented debt, while the economy continues to erode.

What Obama is doing is not working and has not worked over the past three years he has been in office. Puzzlingly, he refuses to change course, believing with each massive new round of expenditures, the nation will somehow break out of the financial crisis.

Foreclosures are up, home values are down. The job market is in a terrible state, with many people giving up on finding work. U.S. businesses continue to close at an unprecedented rate. This is not going in the right direction, but President Obama continues down this path.