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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TaxMasters Labeled A Money Stealing Scam Leading The Company To File Bankruptcy Due To A Massive Lawsuit

For years, Patrick Cox has run commercials on American television, proclaiming he can significantly cut people's tax debt with the Internal Revenue Service (IRS). However, over 1,000 complaints to the Better Business Bureau, from consumers stating they have been fleeced out of thousands of dollars, paid up front to TaxMasters, for Cox to negotiate and resolve their tax debts, says otherwise.

Patrick Cox

On March 18, 2012 TaxMasters sought bankruptcy protection, filing Chapter 11, in an attempt to fend off a potential multi-million dollar court verdict against the company, regarding customers that have lost money using their service and gotten nowhere with the IRS in the process. Buyer beware.

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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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If Banks Don't Start Working With Foreclosed Homeowners Their Profits Are Going To Plunge

President Barack Obama

The U.S. banking sector has seen terrible declines over the past few years, due to the mortgage crisis and overall financial decline of the country, under presidents George W. Bush, then Barack Obama. The government, at the taxpayers expense, has given major U.S. banks billions of dollars from the Treasury, to keep them afloat. However, despite these funds coming courtesy of the taxpayers, a number of banks are still making it as difficult as possible for homeowners to obtain mortgage modifications to remain in their properties.

Standard tricks being used on homeowners run the gamut. They range from pretending they did not receive documents that were faxed or mailed to the bank(s), despite established couriers such as the U.S. Postal Service, Fedex and UPS, providing mailing confirmation, to not notifying property owners of the options available to save their homes.

If banks keep playing with homeowners, opting for the quick buck in trying to rush people out of their homes to auction off properties in a market so overcrowded and poor nothing is selling, they will see massive revenue declines again. Kicking distressed homeowners to the curb is not the way to financial profitability, but long term losses (as in loss of mortgage interest payments over time had they straightened out said loans).

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Barack Obama

Many Americans are depending on their tax returns to pay bills, fund the down payment of a car, home mortgage or to catch up on one to stave off foreclosure. Some physically sick people are waiting on the money from their tax returns to see a doctor or dentist, while others need it to make up their kids tuition for university.

However, under the Obama Administration, Americans' tax returns have been extraordinarily late, more than any other presidency in recent history. They keep giving out deadlines for tax returns and then irresponsibly missing them, knowing people are depending on the money. If the Obama Administration can't effectively manage the people's tax returns, how can it handle the nation's ballooning budget and reduce the national deficit in a timely fashion.

For an administration pledging to turn the economy around, this is not a good look, especially in light of the president sending the deficit sky high. It does not inspire confidence. The Judiciary Report has also seen cases where people were flat-out discriminated against by the IRS, who disallowed deductions and write-offs granted to others in the same situation under the U.S. tax code. The Obama Administration is punishing the poor and the middle class, for the sins of the rich, which is inexcusable.

Quite a few of Obama's wealthy campaign donors owe the IRS and by default the US Treasury, hundreds of millions of dollars, yet they are not being pursued for these massive tax debts, because of their relationship with the president. Meanwhile, people in lower income and middle class tax brackets, who have paid their taxes and are expecting their refunds, are being shortchanged, denied and discriminated against by the current administration.

Articles in credible publications and court documents have also brought to light the fact federal agencies such as the FBI have been using the IRS to unlawfully harass targets of their warrantless surveillance, via strong-arm tactics and threats for taxes not owed. This too is not a good look, but is being utilized under the Obama Administration and in a number of the cases, against innocent people or for political purposes. Something to think about at the polls in November.

Newt Gingrich Wants To Waste Taxpayer Money On A Moon Base During The Financial Crisis

Newt Gingrich

Presidential candidate and former U.S. House Speaker, Newt Gingrich, has declared that if he wins the presidency (here’s hoping not) he would set up a permanent moon base. Space exploration is great, but Gingrich is out of touch with America’s new reality in that such an endeavor would cost billions upon billions of dollars in taxpayer money.

Said funds could be used more productively, for things such as job creation. America is in the midst of a staggering financial crisis and cannot afford such expenditures when jobs need to be created right here on earth. The government needs to get out of the red, before launching such ambitious and financially costly projects.

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Mrs. Obama Being Slammed As Marie Antoinette In A Very Unflattering Photo That Has Gone Viral

First Lady Michelle Obama being mocked

First Lady Michelle Obama is being portrayed as Marie Antoinette again, but this time in a very unflattering picture. Not only has an artist painted the First Lady's face on Antoinette's body, using a haughty looking pose and facial expression, he has grafted one of the most unattractive man arms on a woman to her body in the photo. Mrs. Obama's arms do not look like that. He gave her a brown version of Madonna's ugly arms. However, it was done for effect.

Michelle Obama (left) and Marie Antoinette (right)

Some, such as the Los Angeles Times, are crying racism at the photo that allegedly implies "uppity negro." However, the Judiciary Report disagrees. While the Judiciary Report does not believe Mrs. Obama behaves like an "uppity Negro" the site does see her as a very successful, pretty black woman and lawyer, but one not making the best PR moves.

Michelle Obama

I do believe Mrs. Obama is not being wise in spending lavishly, taking luxury vacations and wearing very expensive designer clothes to a number of events during a terrible financial crisis. It can be construed as insensitive and is not politically savvy. It is not helping her husband President Obama. This would also apply if a Republican President's wife did so as well, in the same type of negative financial climate.

President Barack Obama and First Lady Michelle Obama

It's not a matter of public envy or jealousy. When people have lost their jobs and can't pay their mortgages anymore in big numbers, through no fault of their own, after having paid taxes into the system, they do not want to see elected leaders and their families spending government money on fancy trips or wearing very expensive designer duds. Because then, they will believe you are apart of the problem and not the solution. And once again, on a human level, it's insensitive. One has to be mindful of these things when in office (at least if one wants to stay there).

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U.S. President Barack Obama is in more trouble, due to stimulus funds he issued that did not benefit America. It has been revealed, Obama gave a new company called Fisker $529,000,000 in taxpayer funds, via the failed stimulus, for the unit to build electric cars in Finland, rather than America. This resulted in U.S. taxpayer funds creating jobs abroad, rather than in America.

Barack Obama

Add this to the billions more in stimulus funds that did not stimulate the U.S. economy, such as Obama personally giving solar company Solyndra $500,000,000 in U.S. taxpayer funds, only for the company to go bankrupt shortly after and it becomes evident the president is not good with money or astute at making wise financial investments. America needs a president that understands business and trade and how to generate jobs and revenues.

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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

The Obamas

Initial estimates indicated, First Lady Michelle Obama, cost the U.S. taxpayer an additional $100,000 by leaving early for the family's Hawaii vacation. However, a new report in the mainstream press suggests, the entire episode has cost the U.S. taxpayers $4,000,000. This occurred during a financial depression.

Critics are slamming Mrs. Obama for feasting on sumptuous food and having extravagant parties on the island, during very hard economic times, when the nation has a record high poverty rate. Many Americans are losing their homes and can't afford a vacation, opting to stay at home. Seeing her live it up on the taxpayers dime and at extra cost is being roundly slammed on many a message board and in feedback sections online. Mainstream news outlets have picked up on it as well.

Even with her initial spending that drew the original criticism from journalists and bloggers, Mrs. Obama did not tone down the expenditures, making a greater show of the people's wealth while away from Washington. It makes the First Family appear out of touch with the rest of the country.

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Mrs. Obama Being Criticized Online For Her Trip To Hawaii Due To The Price Tag On The Taxpayers Tab

The Obamas

A number of domestic and international websites and newspapers have been criticizing First Lady Michelle Obama, for taking separate flights from her husband, President Barack Obama, to begin their Hawaii vacation. It is being reported Mrs. Obama's travel expenses will cost the taxpayers at least $100,000 this Christmas in avoidable fees, enough to feed many families.

She is also being criticized for the number of vacations she has taken this year and the millions it has cost the taxpayers. In these tough economic times, when people are losing their jobs, homes and savings, the First Family need to remember that these extravagances do not look good in any fashion. It is causing anger and resentment on many message boards and feedback columns all over the internet, with complaints from suffering Americans struggling under Obama's failed financial policies.