Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Monday, May 16, 2011

It's Too Bad Donald Trump Will Not Be Running For President...


President Barack Obama and First Lady Michelle Obama

Real estate mogul, Donald Trump, has decided against running for President of the United States. That's too bad. America could use a president that knows how to count and make money. Sorry, but Presidents Bush and Obama, are seriously lacking in the finance department and America is paying the price for it.

Donald Trump

Why are Bush and Obama allergic to calculators. One black, one white, both clueless with a calculator, when it comes to money. The last president that had an understanding of money was Bill Clinton, but sadly, Bubba had trouble with his zipper.

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Tuesday, April 26, 2011

IMF: The End Of American World Dominance Is Nigh

The Bell Is Tolling, But Is Washington Listening

Barack Obama

The International Monetary Fund, which oversees the global economy, sent out a stern pronouncement this week, sure to shake up Washington to its core. The IMF stated the "Age of America" will end by 2016, to make way for Chinese dominance in the world. If you ask me, it has already happened, especially when you take into account the massive amount of U.S. debt China holds and their meteoric rise in the area of global commerce.

While China has worked hard for its place in the world, one can't help but lament America's fall, which occurred thanks to the reckless and villainous policies of former President, George W. Bush. He is squarely to blame for the nation's unprecedented descent in the world, which has been made worse by President Obama's poor policies.

George W. Bush

Washington's refusal to tackle the national deficit, rein in criminals in the corporate sector, who continue to wreak havoc and end the costly wars in the Middle East and Libya, have many financial agencies and authorities, such as the IMF and S&P writing the nation off as the world's preeminent superpower.

America has not even been the dominant empire in the world for a significant period of time, in comparison to other nations in world history who've had that crown. The British, Roman, Babylonian and Egyptian empires lasted far longer at number one than America has thus far. To lose the top spot at this relatively early juncture is regrettable and a painful lesson on what happens when a government goes too far. It is not too late to turn things around, but the White House and Congress refuse to engage in any meaningful fiscal discipline.

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Monday, April 18, 2011

S&P Changes America's Rating To "Negative" Highlighting Obama's Failure To Tame The Deficit


Barack Obama

Prior to and at the beginning of President Barack Obama's term in office, the Judiciary Report warned about the national deficit and overspending in government. Though the White House and just about every department of the U.S. Government has been logged by site statistic's program Traffic Facts, as readers of this website for years, the warnings went unheeded and now the chickens have come home to roost.

Veteran financial agency, Standard and Poor's, has downgraded the U.S. economy's debt load to "negative" setting a 20-year low for America. The S&P stated of America, "The nation's deficit rose to 11% of total economic output in 2009."

President Obama has added more to the national deficit than any other president in American history. Therefore, regrettably, Obama is to blame for this terrible rating, as he unwisely spent enormous sums of money. Another side effect of the White House's poor fiscal planning is prominent nations are gathering with the goal of dropping the U.S. dollar as the world's premier currency.

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Saturday, April 16, 2011

Obama Wants Americans To Vote On Feelings Not Facts


Barack Obama pulled the trigger on the economy

U.S. President Barack Obama stated to the Associated Press, regarding his reelection campaign, "Americans will feel that I deserve a second term." That's a strong sense of entitlement for a presidency, whose numbers are dismal and discouraging.

Where is the proof you deserve a second term. The economy is in the toilet and the deficit is higher than it has ever been. You are attempting to legalize things most Americans do not want, while pushing unsound fiscal projects that promote national bankruptcy.

All Obama had to do when he went into office was make budget cuts and global trade deals, then wait for the money to roll in. Instead, he has been throwing money out the White House window and it bred an even worse financial crisis.

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Friday, April 15, 2011

Unemployment And Inflation Rise In America

Barack Obama

Contrary to what the Obama Administration has stated, America has not come out of the recession, which is actually a depression. The economy has not stabilized, evidenced by growing job losses, inflation and the deficit spiraling out of control.

It’s a cruel thing to do in lying to the nation and the world, when people are still suffering under the same financial woes that have worsened. President Obama was warned when he first took office that he could not use the taxpayers money to buy his way out of the financial crisis, but he tried to anyway and it has created a bigger mess.

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STORY SOURCE

Jobless claims unexpectedly rise last week

Claims For Jobless Benefits Up 27000 Last Week

Tuesday, April 12, 2011

If Obama Had Ended The Wars And Not Started Another One…

Most Of America's Financial And Social Problems Would Be Solved

Barack Obama: I wish I was out shooting hoops

The wars in Afghanistan and Iraq, initiated by President George W. Bush and perpetuated by current head of state, Barack Obama, have cost the U.S. taxpayers close to $2 TRILLION DOLLARS. Imagine if that money had been spent at home.

President Barack Obama has also started a war in the African nation of Libya, which has already cost the American taxpayer billions. If President Barack Obama had stopped former President Bush's wars in the Middle East and not initiated a new one in Libya, America would be so much stronger than it is today.

The job crisis would be solved. Business and exports would be plenty. Foreclosures would have plummeted, as more people would be working again and able to pay their mortgage. University scholarships would be plentiful, leading to a greater level of education and pay for Americans. The greater the level of education, the stronger and more innovative the work force.

But what do we have instead? Soldiers continue to die abroad, leaving their families grief-stricken. Americans are unemployed in great numbers. Home foreclosures are escalating. Banks continue to close. The national deficit continues to climb. Services for the poor and disabled continue to be mercilessly and drastically cut by the government to pay for more bombs to drop on people. I was hoping for more from the Obama presidency than this.

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What Is Obama Going To Do About The Deficit

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Unemployment Up To 9.8%

Monday, April 11, 2011

President Obama's Economic Plan Is Not Working


Barack Obama

With a year and a half until the next Presidential Election in America, President Barack Obama's economic plan is not working. Wild and unruly spending by President Obama has significantly increased the national deficit, with international creditors becoming concerned, regarding the nation's ability to repay the staggering amount owed.

Over a trillion dollars of American taxpayer money thrown at corporations that caused the economic crisis that went global, is being hoarded and stolen by a number of companies, which is not doing the nation any good.

Gas prices are soaring in America and much of the Western world, due to the President's illegal and unconstitutional invasion of the nation of Libya. Rising gas prices nearly broke America a couple years ago.

President Obama's dogged devotion to clean energy and solar power, is costing America a big bundle, as studies and financial reports have irrefutably illustrated, it costs more than conventional methods. The President is also legislatively holding the nation back from exploring its own natural resources.

Unemployment remains stubbornly high, stuck in a cycle of gaining and losing jobs at the same time. Foreclosures continue to climb, years into the financial crisis, due to the failure of costly Obama mortgage programs that have now been scrapped.

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U.S. Jobs Lost Not To Be Replaced Until 2020

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The Government Twists Jobs Report To Hide Losses

What Is Obama Going To Do About The Deficit

Obama's $1 Trillion Bill Passes In Congress

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Obama Calls For Job Summit

The Benefits Of Government Cost Cutting

Unemployment Up To 9.8%

Monday, March 21, 2011

American Anti-War Protesters Turn Up The Heat On Obama And The FBI

Video: Anti-War Protests Grow As Deaths, Debt Pile Up - The UpTake


Everyday Americans, fed up with the wars in the Middle East being waged by the government and the violation of their rights at home by the FBI, have taken to the streets in protest, decrying the war crimes and human rights abuses.

As some have accurately pointed out, as has the Judiciary Report in the past, this money could be better spent in America on jobs, schools, infrastructure and paying down the national debt.

Recent data released on the U.S. economy indicates it continues to worsen. Unemployment is still high, home sales are down, foreclosures are up, along with the national deficit and the Congressional Budget Office has said, President Obama's statements regarding the nation debt are wrong. The President's spending plans will send the deficit up, not down, as he claims.