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

U.S. Economy Adds Fewer Jobs Than Expected In A Significant Slowdown

March 2012 Jobs Report Not Good

Barack Obama

The U.S. economy added 120,000 jobs last month, falling short of the projected 205,000 that was expected. The economy has slowed once again and in a very noticeable manner. This is another indicator there has been no financial recovery and changes are needed to get the nation back on solid footing. A record high number of Americans are no longer in the work force, which is not a good milestone to hit in any regard.

STORY SOURCE

US Adds 120,000 Jobs; Unemployment Falls to 8.2%

Economy Adds 120,000 - 205,000 Was Expected

Report: "Banks Treat Foreclosed Homes Better In Mostly White Neighborhoods"

New Report Alleges Discrimination And Racism

A newly released report by the the National Fair Housing Alliance indicates foreclosed homes in white neighborhoods, were treated better than those in minority areas. This means, after evicting occupants, homes in white neighborhoods received better maintenance by banks, than properties in predominantly black and Hispanic areas.

These prejudices are prevalent in the banking system. For example, the now defunct Washington Mutual Bank, was forced to pay a large settlement for targeting blacks and Hispanics for high risks loans. In another legal action against the kaput bank, it was discovered they targeted non-English speaking customers and those with black or Hispanic sounding names, to saddle with extra mortgage fees, for services they did not need. Regrettably, racism is alive and well in the corporate sector.

STORY SOURCE

Report: Banks Treat Foreclosed Homes Better In Mostly White Neighborhoods

By Chris Morran on April 4, 2012 2:15 PM - While Americans of every possible ethnic and racial group were hit by the massive foreclosures when the economy went KABOOM! a few years back, a new report claims that banks are often giving short shrift to the upkeep and marketing of foreclosed properties in areas with predominantly non-white residents.

Earlier today, the National Fair Housing Alliance released the result of its undercover investigation into how bank-owned properties are treated in nine major metro areas — Atlanta, Baltimore, Dallas, Dayton, Miami/Fort Lauderdale, Oakland, Philadelphia, Phoenix, and Washington, DC.

http://consumerist.com

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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.

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Matthews: Economy is weak and could sink Obama

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.

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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

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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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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

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

Barack Obama

U.S. President Barack Obama is facing significant criticism this month, over rising gas prices in America, hitting the public's pocket in a noticeable way. Critics are stating it is damaging the already battered consumer, as food prices have also risen. Foreclosures and bankruptcies are high as well.

The Gallup polling company revealed, unemployment in America sits at an uncomfortable 9%, three years into Obama's tumultuous term as President of the United States. These circumstances are working against Obama's reelection bid, with the presidential election fast approaching in November.

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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

Obama's Announced Donations Reveal He Is Falling Short Of Campaign's Financial Goals

Barack Obama

Last year, U.S. President Barack Obama, announced via his reps, the goal of raising $1 billion dollars in campaign donations. However, one year on, Obama has raised $75,953,128.29, under 1/10th of his goal. Gallup polls indicate President Obama is trailing behind rivals Mitt Romney and Rick Santorum, in his reelection bid for the White House.

The ongoing financial crisis that has worsened, is certainly impacting campaign donations, as people simply do not have the disposable income they once did. The race for the White House should not depend on money, but be based on who can do the most for the country.

STORY SOURCE

Amount the Obama campaign had on hand at the end of January: $75,953,128.29

Reports State Obama Administration $25 Billion Mortgage Deal To Increase Home Seizures

Barack Obama

Economists indicate the $25 billion dollar mortgage deal the Obama Administration struck with the nation's major banks, will accelerate and increase the number of home seizures in America, due to foreclosure. Never in the nation's history has America had so many foreclosures. The crisis is unprecedented. With millions of homes repossessed and auction at courthouse across the nation, home property values in America have plummeted 40-80%, varying state by state.

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Has Barack Obama Become Out Of Touch Since Becoming President

Did The Move To The White House Change Him Rather Than Him Creating "Change"

Barack Obama

Over the past year, polls have consistently indicated a sizeable decline in support for President Barack Obama among independent voters. This was a demographic Obama enjoyed a great deal of support from in the 2008 election. With said section of voters withdrawing their support in 2012, what will this mean for Obama in this year's presidential election. 99% of polls, especially the granddaddy of them all, Gallup, indicate any Republican candidate will beat Obama in this year's election.

It is clear Obama has lost touch with reality and the everyday people since becoming president, which is a dangerous thing for any head of state. Obama has become a corporate president and not the kind that knows finance in a manner that creates greater revenues and jobs for the nation. He has spent more money than the nation made, greatly adding to the deficit and financial decline of the country.

Obama Accused Of Lying About Unemployment Going Down Citing 1.2 Million People Have Been Dropped From The Work Force

They Were Not Counted

Barack Obama

After the Congressional Budget Office released data indicating U.S. unemployment is actually 10%, President Barack Obama instructed the government to drop 1,200,000 Americans from work force data, as they have not been able to find a job and have dropped out of the employment market. This means unemployment is 10%, not 8.3%, as the White House is claiming this week.

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Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low

02/03/2012 08:51 -0500 - A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million.

No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.

http://www.zerohedge.com

Obama’s bogus jobs data- Congress should investigate cooked employment books

Friday, February 3, 2012 - The White House hyped the news Friday that January payrolls had risen by 243,000. The hitch is the Bureau of Labor Statistics (BLS) also dropped 1.2 million from the calculated workforce. Somehow this net loss of a million workers in a single month was transformed into an improvement in the unemployment rate. As the old saying goes, figures don’t lie, but liars can figure.

“Job growth was widespread,” the BLS reported, but most Americans sense that something isn’t quite right with the numbers. The most important change was the deep decline in the workforce. While the overall population jumped an 1.6 million in January, the workforce declined a record-setting 1.2 million. This figure represents those who out of sheer frustration or for other reasons have dropped out of what the government defines as the active labor pool. They are worse than simply unemployed; they are both jobless and hopeless.

http://www.washingtontimes.com

Greedy Madonna Thinks Her Concert Tickets Are Worth $300 During The Financial Crisis

All that plastic surgery and Mad-onna still looks 10-years old than her age and very unattractive to boot

Greedy, thieving pop tart Madonna thinks tickets for her forthcoming concerts are worth $300. The desperate, unoriginal Kabbalah cult member, who is under criminal investigation in three countries, is thoroughly deluded, describing it as, "Start saving your pennies now. People spend $300 on crazy things all the time, things like handbags. So work all year, scrape the money together, and come to my show. I’m worth it."

Photo and caption of Man-donna by Roflrazzi.com

She has a point. When people think old leathery handbag, they think Madonna. Have you ever seen such a greedy, evil person. She's exploiting and ripping off starving Africans in Malawi, but that's not enough. She now wants to scrape every penny from struggling people in America, who have been devastated by the financial crisis, as the money she illegally made from stealing so many copyrights from so many people is not enough to satisfy her devilish greed. Mark my words, she and her fellow thieves in that sick cult are going to lose it all.

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President Barack Obama’s State Of The Union Address Was More Of The Same

Time Is Running Out

The First Family

President Barack Obama’s state of the union speech last night was sadly more of the same unfulfilled promises, rehashed in a live format. This is a make or break year for President Obama and he is promising the nation the world, but has not delivered for the past 3-years. The economy is in a bad way and Obama has shot down many projects that would create jobs and revenue.

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

Attorney General Eric Holder and President Barack Obama

President Obama's Attorney General, Eric Holder, who is the head of the Justice Department, is in the midst of another scandal (as if "Fast and Furious" wasn't enough of a disgrace). Reuters has done an expose on Holder, stating he has deep ties to banks engaging in mortgage fraud against Americans, which led to the ongoing crisis that began in 2008.

Holder, a longtime employee of the Justice Department and his co-worker Lanny Breuer, "Were partners in a law firm that worked on behalf of those very same firms" that are responsible for "the housing bubble collapse." Holder and Breuer worked for the law firm of Covington & Burling.

STORY SOURCE

Holder, Breuer connected to players in foreclosure fraud?

Posted at 10:25 am on January 20, 2012 - For years, the Left has asked why the Obama administration hasn’t pursued prosecutions against lenders who arguably engaged in fraud when foreclosing on mortgages in the wake of the housing-bubble collapse. It turns out that these lenders had friends in high places in the Department of Justice. Reuters reports that both Attorney General Eric Holder and his lieutenant Lanny Breuer, who ran the DoJ’s criminal division, were partners in a law firm that worked on behalf of those very same firms (via JWF’s Just A Grunt):

U.S. Attorney General Eric Holder and Lanny Breuer, head of the Justice Department’s criminal division, were partners for years at a Washington law firm that represented a Who’s Who of big banks and other companies at the center of alleged foreclosure fraud, a Reuters inquiry shows. The firm, Covington & Burling, is one of Washington’s biggest white shoe law firms. Law professors and other federal ethics experts said that federal conflict of interest rules required Holder and Breuer to recuse themselves from any Justice Department decisions relating to law firm clients they personally had done work for...

http://hotair.com

Obama Administration Gets Bonuses While Teachers, Police Officers And Firefighters Get Laid Off

President Barack Obama and Vice President Joe Biden

Yesterday, a librarian told me of lay offs that hit the library. People that lost their jobs yesterday, after years of service, because of government cuts. I did not like this, as libraries are great and instrumental in kids and adults expanding their education. Days ago, I saw stories of police officers and firefighters losing their jobs in layoffs as well. Yet, just last week, I read of Obama Administration officials and Congress receiving raises and bonuses totaling millions in taxpayer money.

The government is mismanaging taxpayer money and funds are not reaching the people that need it most to keep the country financially afloat. Wasteful, useless government initiatives that gave billions in taxpayer money to green initiatives and other strange start ups, only for them to fail, while jobs vital to the economy, such as those of teachers, police officers and firefighters are written off in layoffs.

It is infuriating. What exactly is the government doing, because it makes no sense to people with common sense. Furthermore, if the government had not given billions in taxpayer money to green initiatives and agreed to tax increases on America's wealthiest people three years ago when the Judiciary Report suggested both items, there would be enough money to protect the aforementioned vital jobs. Now the government is resorting to laying off teachers, police and firefighters, which is unthinkable.

STORY SOURCE

Bankrupt Solyndra seeking to pay bonuses - Court’s OK sought for ‘incentive plan’

Wednesday, January 11, 2012 - Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that’s the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put. Nearly two dozen Solyndra employees could receive bonuses ranging from $10,000 to $50,000 each under a proposal filed by Solyndra’s attorneys in U.S. Bankruptcy Court in Delaware.

http://washingtontimes.com

Vermont delegation rewarded staffers with $236,830 in bonuses

Jan. 16, 2012 | - Vermont Sen. Patrick Leahy, left, gave 29 of his personal office staffers bonuses ranging from $1,500 to $5,000 last year, totaling $138,830. Sen. Bernie Sanders, right, gave $2,000 bonuses to 32 people on his personal staff, totaling $64,000. WASHINGTON — As demands for fiscal austerity dominated debate in Washington, Vermont’s three congressional lawmakers gave their staffers a combined $236,830 in bonuses last year. Many other congressional lawmakers also rewarded staffers with year-end bonuses, and the Vermont lawmakers found other ways to save. Each will return a significant amount of unspent office money — about 10 percent of their budgets — to the federal government.

http://www.burlingtonfreepress.com

Taxpayers fund more than $200,000 in bonuses for congressional staffers of the VT delegation

Posted at 3:30 pm on January 16, 2012 - Why not a membership to the jelly-of-the-month club? After all, that’s “the gift that keeps on giving!” But, no, nothing so affordable for the members of the staffs of three Vermont congressmen:

http://hotair.com

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Millionaire Mitt Romney Agrees To Release His Tax Returns To The Public

His Fortune Being Used Against Him

Barack Obama

Mitt Romney, the former Governor of Massachusetts and Republican frontrunner for his party's nomination in the U.S. 2012 presidential elections, has agreed to release his tax returns. Romney, who is said to be worth $250,000,000 initially refused, as rivals in both political parties were using his wealth against him.

Mitt Romney

There is nothing wrong with being successful. America needs a strong business mind in the White House, as both George W. Bush and Barack Obama have failed in this endeavor. One started the financial crisis and the other made it worse with massive government spending that has not worked. What America needs right now is an inventive job creator, who knows the value of a dollar and is frugal. The question is can Romney create the jobs.

Congressional Disapproval Ratings Hit Another High

The American People To Congress: You Stink

Congress continues to outdo itself. A newly released poll states over 84% of Americans disapprove of Congress' job performance. Very few, except Congress, are surprised at the news. When you waive through massive spending on a regular basis and unemployment is still high and people are still losing their homes to foreclosure in record numbers, don't be surprised if people give you a failing grade.

STORY SOURCE

Disapproval of Congress hits new high

Obama Appointing Richard Cordray Consumer Czar Without Congressional Approval Sends An Autocratic Message

Barack Obama

President Obama's appointment of Richard Cordray, to a new consumer agency, sends a negative, dictatorial message, as he has undemocratically run roughshod over Congress. The appointment of Cordray to this post as a consumer agency czar, has also come too late in his presidency to strike any real effectiveness.

This is complicated by the fact Obama is soft on crime, which is why some sectors of the corporate industry have continued to rob and gouge the American people into poverty. What's the sense of having a consumer protection agency, when no one is being arrested for ripping off the public, as that is the only language criminals understand - prison.

For every bank, investment firm, insurance company, telecommunications provider and entertainment corporation that engages in financial crime, which damages America and the world by default, how many real arrests have you seen, when trillions of dollars have been stolen in an illegal redistribution of wealth in favor of the rich.

As far as the Judiciary Report is concerned, President Obama's latest appointment is just for show during a desperate election year, as it is without substance and devoid of any real impact. All this will do is waste taxpayer money, handing out slaps on the wrist for serious financial crimes. That will never work to get the economy back on the right track to accountability and fairness.