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Sabtu, 27 Agustus 2011

George Bush's Brother Gives Politicians Pointers On How To Win Florida In The 2012 Election



Jeb Bush

Former Florida governor, Jeb Bush, decided to give tips on how to win the state in the 2011 election. By what? Dumping ballot boxes in the Everglades, as his brother had done in 2000, with the Supreme Court, under Justice Scalia, handing him the election. The Bush family are a massive liability to the Republican party and need to stay away.

George W. Bush

Politicians need sound advice about Florida and every other state. People can't pay their bills, as they have lost their jobs or are facing reduced hours. People want to own their own homes and not be gouged by banks. People want affordable food. Currently, food costs are too high, forcing many to pick cheap brands that are not always healthy. People want to be able to send their children to university and many can't because of lack of scholarships and rising tuition fees.

As bad as Bush was, Barack Obama should be sweating, as polls indicate he is in trouble as well

People want affordable insurance of all kinds, so they don't have to worry if they get sick or their home is hit by a natural disaster. Immigrants want to be given a chance to be lawful, productive citizens that contribute to the economy, not take away from it, as some wrongly assume. People don't want canned answers and phony campaign promises, but real solutions that will be implemented.

STORY SOURCE

Jeb Bush on how to win Florida‎

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Kamis, 25 Agustus 2011

Is Anti-Obama Merchandising Covered By The Constitution

Are Democrats Violating The Constitution In Having Them Removed From Stores

Obama mints

Democrats have been busy having anti-Obama merchandising removed from stores and complaining about their sale online, as disrespectful to the President of the United States of America. For example, angry Democrats had breath mints styled after Obama, called "Disappoint-mints" removed from stores, for subtly calling the president a disappointment.

Obama t-shirts

A number of anti-Obama t-shirts have been selling online as well, which poke fun at the president. Some shirts label him a spendthrift, while others flat out call him a socialist. The question is are Democrats correct in having anti-Obama merchandising removed from outlet. The answer is no, as it is protected by the Constitution, under free speech and does not threaten the President. The only thing it threatens is his reelection campaign.

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Rabu, 24 Agustus 2011

Governor Rick Perry Leading In American Presidential Polls

Beating Both Democrats And Republicans

Barack Obama

Texas Governor, Rick Perry, is leading in U.S. Presidential polls, outstripping fellow Republicans and rival Democrats. The conservative Christian, leapt into the lead over the past few weeks, after making bold speeches, denouncing the manner in which U.S. President, Barack Obama, is handling the economic crisis, which has worsened.

Rick Perry

It has clearly won Perry a number of supporters, who are getting behind his bid for the U.S. presidency. In the face of all the political changes transpiring in Washington, President Obama and his cabinet, are mulling new stimulus bills, which don't work and prepping Congress for the next increase in the debt ceiling. President Obama's poll numbers continue to plummet.

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Rick Perry Rising In The Republican Party And Gaining On President Obama

Selasa, 23 Agustus 2011

A 5.9 Earthquake Shakes Washington And New York

Massive Power Cuts And Evacuations Ensue

A 5.9 magnitude earthquake in Virginia, jolted Washington, D.C. and New York, sending people scrambling into the streets. The U.S. Pentagon, FBI and DOJ buildings in Washington, were all evacuated. Secret Service agents were seen swarming the roof of the White House, all believing it was a terrorist attack.

The President was not in the White House at the time of the earthquake. Obama was out playing golf in luxury Martha's Vineyard, in the face of shaky economic times. It is being stated the quake was felt at Obama's location as well. This is the first quake to hit the region in the past 100-years.

People in California have been laughing at and mocking the East Coast today, for their fearful reaction to the quake, which is pretty brave considering they're are sitting on a crack in the earth that could create new beach front property at any moment (see: the Big One).

Side Bar: This is a personal request. Does anybody have any footage of the FBI in DC hauling butt out of the 100-year old agency's building when the quake struck. Just asking.

STORY SOURCE

Obama plays golf in Martha's Vineyard as quake hits

‎Quake shakes Martha's Vineyard

‎Jaded West Coast chuckles over East Coast quake

Who Was The Smartest American President

Barack Obama

In reading an article about Barack Obama, where it was claimed he is considered by some, the smartest American president in history, it made me wonder, is this true. What about George W. Bush. Haha, only kidding - just thought I’d insert a little humor into the article. For a moment there, you all thought I was smoking something, huh. Bush was the only unintelligent head of state in American history and in all fairness, it didn't show up until after he was elected.

Bill Clinton

Back to the article. Yes, Obama is smart, but Lincoln may have been the most intelligent. Then, there’s Bill Clinton. Don’t let the "Bubba" nickname fool you, as he is a smart university graduate. America’s economy was booming under Clinton, who was clearly good with numbers. However, there’s a type of math he was not good with - women. Because 1 wife + 1 intern = 1 muy grande scandal.

STORY SOURCE

What if Obama isn't so smart?

Sabtu, 20 Agustus 2011

President Obama Criticized By Democrats And Republicans For Taking Vacation During Economic Crisis

U.S. President, Barack Obama, is being criticized by both Democrats and Republicans, for going on a 10-day vacation to the luxury enclave of Martha's Vineyard. It is one of many breaks he has taken this year. Politicians are lining up to slam the move.

Barack Obama (stress is prematurely aging the President, as the First Lady is wrinkle free. Maybe he should borrow some of her moisturizer).

To add some levity to the bleak situation, the RNC has launched a website called www.obamagetaway.com which chides the president, via a series of humorous postcards about his ill-timed vacation. The funniest cards are about Vice President, Joe Biden and separately, former President Jimmy Carter. That website is so wrong (LOL).

The latest financial numbers and stats released on the U.S. economy are not pretty. Unemployment is up, the dollar is down setting record lows, more banks are closing and the stock market keeps tumbling in triple digit numbers.

Maybe Obama's time would be better spent in Washington, D.C. in the White House, working on the economy. It really wasn't a good time for a vacation, when so many people in America are suffering and can't afford one.

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STORY SOURCE

Rabu, 17 Agustus 2011

Obama Promotes New Jobs Plan

But Will It Be Different From Last Time

Barack Obama

U.S. President Barack Obama, made an announcement today, regarding a new job plan he is unveiling for America. However, after 2 and 1/2 years in office, launching job plan, after job plan that have failed to fix widespread unemployment and business closures, the public is somewhat skeptical about the President's latest initiative.

As the phrase goes, the proof will be in the pudding, if it really works this time in putting people back to work. Past attempts have only managed to increase the national deficit, with few jobs created to substantiate such expenditures.

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Selasa, 16 Agustus 2011

Politicians Take Obama To Task Over Granting Sony Access To National Secrets

Sony Making Film On Osama Bin Laden Assassination To Act As A Commercial For Obama's 2012 Presidential Campaign

President Barack Obama

Once again, President Obama's rock star styled presidency, has landed him in controversy. Sony Pictures, an off-shoot of the Japanese electronics company, announced they are making a film on the reported assassination of notorious terrorist, Osama Bin Laden. The U.S. Military's elite Seal Team Six, are credited with killing the September 11th mastermind, via a surprise night raid in Pakistan that occurred this year.

Reports began to circulate last week, stating President Obama granted Sony access to national security files regarding the Bin Laden assassination, in aiding them to make the film, which will be released as an election tool, with the intent that it boosts support for Obama, who is suffering at the polls (see: propaganda film).

Sony's Howard Stringer

Obama denies the allegations, but various politicians and pundits state it is true. It was to be expected that a film company would seek to make a movie on the subject. However, turning it into a propaganda film to help a president experiencing plummeting polls numbers, will not do the movie and the seriousness thereof, any justice.

The most horrible twist in the Bin Laden assassination, is the revenge killing of members of the Seal Team Six, who were shot down this month, as their Chinook helicopter traveled over Afghanistan. Brave young men died, in what is a tragic waste of life, over a war they never asked for, but served their country regarding, nonetheless. This story should not be used as a political tool to play on the public's sympathies. What happened to honoring the dead (soldiers).

Congresswoman Lynn Jenkins

Republican congressional representative, Lynn Jenkins, is introducing a bill in Congress to bar the Obama Administration from granting Sony access to sensitive national secrets on the Bin Laden killing. Another Republican congressional representative, Peter King, has publicly called for an investigation into Obama's interaction with campaign donor and fundraiser Sony, during this incident.

As stated previously on the Judiciary Report, Obama's corrupt relationship with Sony and others in Hollywood, has damaged his presidency and standing with the populace. On its current path, it is going to cost him the election.

STORY SOURCE

GOP lawmaker's bill targets government help for bin Laden film

By Pete Kasperowicz - 08/15/11 09:06 AM ET - A Republican lawmaker from Kansas wants to prevent the administration from helping Sony make a movie about the killing of Osama bin Laden. The Stop Subsidizing Hollywood Act introduced by Rep. Lynn Jenkins (R-Kan.) would stop the Obama administration from spending taxpayer money to share information about the killing of bin Laden with Sony Pictures, which is looking to release a film about that event in October 2012.

Jenkins said the bill, introduced on Friday, is necessary because the government has no role to play in helping the movie industry at a time of fiscal crisis. "In an era of 9 percent unemployment, trillion-dollar deficits, credit downgrades, and record debt-ceiling extensions it is unconscionable that taxpayer dollars are being used to aid the Hollywood film industry in fact-checking and script research," Jenkins said. "American families have been forced to go through their budgets line by line and look for ways to tighten their belts, and it is time the federal government does the same."...

http://thehill.com

Sony Hosted Obama Fundraiser, Releasing Bin Laden Movie Before Election

5:23 PM, Aug 10, 2011 - There may be an overtly political reason that moviegoers will be seeing the story of the Osama bin Laden raid just before they vote for president. Sony Pictures, the company distributing next year's film, hosted a fundraiser for Barack Obama on their studio's premises in California last April. So far, Sony is the only major studio to hold a political fundraiser this cycle. According to Deadline Hollywood, Sony will release the bin Laden movie, directed by Academy Award-winning director Kathryn Bigelow, on October 12, 2012--less than a month before the presidential election.

"The eyebrow does go up when you see the release date," says Douglas Urbanski, a Hollywood producer and conservative radio talk show host. Urbanski said he believes Bigelow's movie will be straightforward and apolitical, much like her 2009 war film The Hurt Locker (which won the Academy Award for Best Picture). But Sony's decision to release the bin Laden movie just weeks before the election, he says, is most likely "very, very deliberate."...

http://www.weeklystandard.com

Rick Perry Rising In The Republican Party And Gaining On President Obama



Rick Perry

Texas Governor, Rick Perry, is rising in the Republican party, due to his well-received speeches. As a result, Perry has been gaining on U.S. President Barack Obama in the polls. Perry has been highly critical of the Obama Administration and the manner in which, Federal Reserve Chief, Ben Bernake, has handled the ongoing financial crisis. It is clearly resonating with voters, hence his rising poll numbers.

Barack Obama

Meanwhile, President Obama has hit the road in a tour bus, pitching his agenda for the nation to the American people. Many of President Obama's speeches contain the same message he has proclaimed throughout his presidency, but falling financial numbers revealing the economic decline of the nation, are undermining his promises.

STORY SOURCE

GOP Primary: Perry 29%, Romney 18%, Bachmann 13%

Generic Congressional Ballot: Republicans 44%, Democrats 37%

Senin, 15 Agustus 2011

Polls Currently Reveal Obama Will Not Be Reelected

Let's Look At The Reasons Why This Is Happening
‎

Barack Obama

Based on published reports this week, U.S. President Barack Obama's poll numbers, have dropped to an all time low, exposing the fact the American people are not happy with his time in office. This coupled with numbers from polls concerning Americans' views on the upcoming election reveal, Obama is firmly on his way to becoming a one term president.

Articles published this week in mainstream newspapers and on the blogs, are comparing his presidency to that of Jimmy Carter, while others retain an even more unfavorable view, stating his has become the most unsuccessful in U.S. history.

The past two-and-a-half years of Obama's presidency have been consumed by excessive spending and a tremendous attention to PR, rather than deficit reduction, budget cuts and job creation. This does not a successful presidency make, as it led to unprecedented economic lows and an S&P downgrade of an historic nature.

Journalists and bloggers have also complained of Obama using his authority in the White House to punish outspoken critics, which was unwise of him, as this translated into even more bad press and reduced public support.

Publicly getting into a war of words with journalists and bloggers, as seen with the Boston Herald and numerous writers in the blogosphere, who later publicly complained, did him no favors with voters. This lack of restraint by the Obama Administration in attacking outspoken critics, cost him much in the way of support from newspaper and blogosphere readers, which equates to many millions of people.

The correlation became apparent to anyone following newspaper sites and the blogosphere, that each time the Obama Administration made a move against outspoken critics, exercising their right to free press and free speech, they in turn wrote extensive exposés on him, causing his poll numbers to take big nosedives.

But somehow the White House did not and has not, made the obvious connection and continues to persecute its outspoken critics in conduct that is undemocratic and unconstitutional. It also betrays a great lack of self-control, to risk one's presidency in retaliating against outspoken critics.

It has all the ingredients for disaster, as the polls have confirmed once again. The public does not want to see such conduct from any administration, as it goes against America's core values, such as free speech and free press.

With Republican candidates gaining in the polls, it really was not a wise time for the President to become so fixated with what journalists and bloggers wrote, rather than paying attention to the economy and job creation. 14,000,000 Americans are unemployed and suffering. This should be the President's main focus - not having his cabinet getting even with critics, as has been shown in well documented and publicized cases.

You have lost control of your presidency and it is evident you are not thinking clearly. You can't win against the internet. If you attempt to shut it down to silence your critics, you will be labeled an undemocratic dictator damaging democracy.

New announcements have been made by the Post Office, a number of banks and airlines, among others, that they are collectively going to shed hundreds of thousands of jobs, which could well add up to upwards of an additional 1,000,000 people being unemployed in the near future.

It is time for Obama to focus on the task at hand, the economy, as his presidency is slipping away from him, in the pursuit of PR and programs that have damaged the economy, due to their hefty price tags, underwritten by taxpayers.

In the final analysis, history will not as its main focus, rhetorically ask of the president, "Did he get even with his outspoken critics while in office." The question history will ask and answer is, "Did he save the U.S. economy." Right now, the answer to that question would be a resounding "No." President Obama has very little time left before the 2012 election to try to change that and has no time to waste, focusing his energies on what journalists and bloggers lawfully write. Ironically, his administration does not see it that way.

If you spend your time engaging in negativity it will plague your endeavors. If you concentrate on doing what is honorable, just and right, success will follow you. It's that simple. Think about that next time you think about persecuting critics for exercising their right to free speech and free press, rather than constructively finding ways to create jobs, as it is clearly affecting your position with the populace and in turn, your poll numbers. Cause and effect.

STORY SOURCE

Obama Approval Rating Hits All-Time Low in Gallup Poll‎

Obama Approval Rating Dips

Even Left is Abandoning Obama as His Poll Numbers Continue to Decline‎

A disastrous summer for the White House. Is Barack Obama now the most unpopular president since ...

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Corporate Tax Dodgers Rankling The U.S. Government

The CBS News program "60 Minutes" aired a segment yesterday, exposing American companies that have relocated their headquarters, sometimes only on paper, to European nations, to avoid paying the 35% income tax rate in the United States. Many of their CEOs and upper level management still live in the States.

Google, Facebook, Pfizer, GE, Cisco are among the American corporations that have relocated to countries such as Ireland and Switzerland, to avoid full domestic taxes, while maintaining offices of various sizes in the United States. It is estimated, America has lost 100,000 jobs and $1 trillion dollars, due to this practice.

The United States GDP is currently $14.5 trillion dollars. Regrettably, so is the national debt, thanks to the latest hike in the debt ceiling, which created an S&P downgrade of America. The U.S. government does collect trillions in taxes, but as stated numerous times on the Judiciary Report, some of the funds are going to fruitless, wasteful programs and initiatives.

Many countries would love to have a GDP as high as $14.5 trillion, yet the government, for reasons known to them, can't make it work, as written about in the article "Is $14.5 Trillion Not Enough Money." How can they not make that work, when that's so much money coming in (regarding their cut of corporate revenues).

The Judiciary Report finds it very alarming that the government can't make a success on their end out of such a successful GDP. Something is wrong there (government management). Serious questions need to be asked, because with all the money coming into the national treasury, America should never have reached the point of landing in an unprecedented financial crisis (2008 to the present) that has rivaled and surpassed the Great Depression in some respects. The system is broken and needs to be fixed.

Sabtu, 13 Agustus 2011

Is Obama In Over His Head

President Admits He Is Frustrated And Stressed

Barack Obama

President Barack Obama took office in the White House, promising America "change." Over two and a half years later, America has changed, but regrettably for the worse and it is stressing Obama out. This week, President Obama admitted he is stressed. Obama, like his predecessor, George W. Bush Jr., became like other politicians, who were pulled in all directions by special interests and lobbyists in Washington, then failed to settle on decisive and efficient action in moving the country forward. This stagnation has come at a high price.

In trying to be all things to all people, decisions were made that did not work out for the best. In ignoring sound advice, Bush misrepresented then started two wars, spent America into bankruptcy and gave lavish tax breaks to the rich, of all people, which occurred at the expense of the poor and middle class.

George W. Bush

Barack Obama later assumed office, starting off in one direction, then making an abrupt turn in favor of Corporate America over the common man, which was an ill-advised decision. Obama also started a war of his own in Libya, while reneging on campaign promises to end the widespread military action in Iraq and Afghanistan, deceitfully initiated by his bloodthirsty and oil hungry predecessor. During his time in office, even George Bush Sr., knew better than to push the war machine too far, as it could breed disastrous consequences. Too bad it was a lesson his son didn't learn.

This month, the nation was saddened by news from Afghanistan, regarding the deaths of soldiers apart of the Seal Team Six, who are credited with assassinating terrorist, Osama Bin Laden. The soldiers were young, some 21-years-old and cut down in the prime of their lives, over a war they did not start. It was a tremendous waste of life, illustrating the point that these fruitless wars must end. The U.S. government needs to focus on the homeland. The idea of bringing the fight to the terrorists, was an ill-fated one. It is better to defend the nation's borders from the mainland.

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Is $14.5 Trillion Not Enough Money

UPDATE: The line "Any government in the world should be able to make due on $14.5 trillion dollars in income per year" should have stated "Any government in the world should be able to make due on $14.5 trillion dollars in income per year (their cut thereof)" and has been fixed.

Why Can't Washington Make It Work

Barack Obama

The GDP of the United States of America is approximately $14.5 trillion dollars, which is a significant sum of money. Yet, Washington felt the necessity to raise the debt ceiling, to negative results, claiming they could not make due on that amount. They claimed it would leave vital national bills unpaid, if they did not increase the current threshold of debt.

The Judiciary Report finds those claims quite dubious. Any government in the world should be able to make due on $14.5 trillion dollars in income per year (their cut thereof). Excessive spending and financially wasteful expenditures is the problem. A lot of money is coming into the national coffers, which could address the nation's financial problems, but a large portion of that figure is being diverted to the wrong things.

First off, if the government eliminated the three unjustifiable wars it has running, many innocent lives would be saved, as well as trillions of dollars, which could be constructively used in America. Further budget cuts at the CIA, FBI and NSA, would prove very beneficial as well, due to the agencies' role in government, usually entailing starting trouble of some sort against innocent Americans or international citizens in the world, in violation of the U.S. Constitution.

U.S. House Speaker John Boehner and President Barack Obama

As the Judiciary Report sees it, 14,000,000 people should not be out of work and suffering, factories shutting, businesses going under, homes being lost to foreclosure, people wanting to go to university, but can't afford to, all so some can keep unjust tax breaks, illegal wars and unlawful surveillance running. A choice needs to be made now, regarding budget cuts and taxation on the rich, to turn the economy around or things will continue to deteriorate.

The other option is to do nothing and circumstances will make the choices for you, as in the nation completely running out of financial options and having to close a number of agencies (CIA, FBI, NSA) and initiatives, as the money simply isn't there to keep it running, with borrowing options extremely narrowing.

The government is playing a dangerous game in Washington, D.C. and it is one they are going to lose, if they remain on the current path they treacherously tread.

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Kamis, 11 Agustus 2011

Report: Democrats Do Not Think Obama Will Be Reelected

Will The Democrats Dump Obama

Barack Obama

An article published in the Telegraph newspaper indicates, members of U.S. President Barack Obama's Democratic Party, do not think he will be reelected to the White House in 2012. Polls consistently reveal, the public has continued to withdraw their support from Obama.

This is largely due to the ongoing deterioration of the U.S. economy that President Obama has been unable to correct. This leaves the question, who do they have to run against Obama, as a number of Democrats are suffering from image problems as well, having championed and voted for many of his unsuccessful and unpopular measures. They have a lot to think about, because either decision could result in a loss.

President Obama's presidency has been a lesson in politics, affirming past cases. Never take public support for granted with risky spending measures, because when they collapse, so will your poll numbers. In politics, never strictly adhere to the flash credo, "You have to spend money to make money" because if one spends on the wrong things, budget and debt problems will occur or worsen. Never put the needs of the rich ahead of the middle class and the poor, as it is unethical and the latter are usually the majority (do the math, regarding what that means at the polls come election time).

STORY SOURCE

Democrats doubt Barack Obama's reelection chances‎

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The Queens Of The Republican Party

Sarah Palin And Michele Bachmann Take Center Stage

Sarah Palin

Politicians Sarah Palin and Michele Bachmann are the reigning queens of the Republican Party. The outspoken women, have been holding a number of speaking engagements and townhall styled meetings across America, in preparation for the 2012 U.S. Presidential Election.

Michele Bachmann

Bachmann has expressed a clear interest in running for President, while Palin has dropped hints that she may toss her hat into the ring, in vying for the nomination. Currently, the Republican frontrunner is Mitt Romney, who is also beating U.S. President Barack Obama in the polls.

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Rabu, 10 Agustus 2011

The Government Is Pretending





Barack Obama

The 2008 financial crisis that continues to devastate the U.S. economy, has shown the nation and the world that Washington is experiencing tremendous difficulty in tackling the economic problems besetting America.

In a problem that originated with and due to the policies of former President George W. Bush and has persisted through the presidency of incumbent, Barack Obama, many people are genuinely suffering under extraordinary financial hardships that never should have happened.

Republican House Speaker John Boehner and President Barack Obama

The people did what was asked of them by working and paying their taxes, but due to abusive financial conduct by the corporate sector, permitted by the White House and Congress, mortgage rates were unreasonably reset to backbreaking levels, gouging millions of people into foreclosure and financial ruin. The American dream of owning one's own home has been shattered for millions, with an unprecedented number of foreclosures.

The cost of living in America also spiked, due to greedy oil companies colluding to raise the price of gas and making a fortune each quarter in doing so, with the consent of the White House and Congress. Nothing was done to stop the banks or the oil companies from overcharging people for two important services integral to modern life, which spill over into other areas of commerce, such as creating added costs for food, clothing and electronics suppliers that transport their goods using gas enabled modes of transportation.

George W. Bush

Another issue that continues to lurk in the background are a number of massive ponzi schemes defrauding many out of their hard earned money. There have been a handful of high profile arrests, but there are quite a few fraudsters still in business, if you can call it that, as that is not commerce, but thievery, which is illegal.

Even with the painful realization of the aforementioned issues, the government has failed at every rung to remedy the serious economic problems that have dragged the U.S. economy to unprecedented lows, causing the nation and the world to lose confidence in Washington. Due to the fact that so many other global economies are intertwined with that of America, other nations and their citizens are suffering as well.

Federal Reserve Chief Bern Bernake

The government knows what they need to do to correct the economy, but there’s just one problem, they won’t do it. It is not politically expedient. All the government has to do is pass bipartisan legislation, making the correct budget cuts and implementing appropriate taxes on the rich, along with legislation that puts corporations in check, giving them clearly defined limits by law, regarding what they can and cannot do in the marketplace.

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The U.S. Stock Market Plunges 634 Points In One Day

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Senin, 08 Agustus 2011

The U.S. Stock Market Plunges 634 Points In One Day

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Investors are fleeing the U.S. stock market in droves, as the Dow Jones plunged 634 points today, in response to Standard and Poor's downgrading America's credit rating for the first time in history. This was not a good development for the nation and not something the government should ignore, as some in Washington are currently doing. For almost a century, America has enjoyed a great credit rating with the storied agency and this lack of confidence will have greater repercussions at home and abroad.

Barack Obama

As the Judiciary Report stated on August 5, 2011, Standard and Poor's reserves the right to downgrade America's credit rating even further (U.S. Credit Rating Downgraded For The First Time In History). Two days later, on Sunday, August 7, 2011, Standard and Poor's stated, another downgrade could occur in as soon as "six months." The Obama Administration needs to get to work, or said scenario is likely, if things remain on their current trajectory of trouble. This is truly a shame, as it didn't have to happen.

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Kamis, 04 Agustus 2011

U.S. Stock Market Plunges 500 Points

Debt Ceiling Increase Did Nothing To Allay Investor Fears

Barack Obama

As mentioned last night, the U.S. stock market is in a bad way. This morning things got worse, as it plunged 500 points, taking it back to the height of the 2008 financial crisis. The passage of the congressional bill, to raise the U.S. debt ceiling by $2.4 trillion dollars, did nothing to assuage the markets. It was a very risky political gamble for President Obama that has not paid off.

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President Obama's 50th Birthday Party Offered A Small Break From Washington


Barack Obama so glad to get out of Washington yesterday he can barely contain his excitement...either that or Rush Limbaugh quit (he didn't)

U.S. President, Barack Obama, turned the big 50 this week, which coincidentally, can't be said for his approval ratings in office, which fell like the stock market, after his debt ceiling deal with Congress on Tuesday.

Obama to Jennifer Hudson: Girl, you got skinny!

For those that chose to celebrate with Obama at his birthday dinner/party/fundraiser in Chicago last night, featuring such stars as Jennifer Hudson, it cost them $35,800. For that kind of money, for dinner he should have served diamonds with a side order of pearls.

Obama: thank you suckers guests for buying a $35,800 ticket

If guests also opted for a picture with the President, it cost them an additional $10,000. Then again, one could have gone the cheaper route by just getting Photoshop and slapping his picture with theirs and pressing print. Hey, if the FBI can play around with Photoshop, can play around with Photoshop, so can you (LOL). Never let it be said that the Judiciary Report doesn't help you save money during the financial crisis.

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Senin, 01 Agustus 2011

$2.4 Trillion Increase In U.S. Debt Ceiling Passes In Congress

One Day Ahead Of Schedule, But The Benefits Are Negligible

The U.S. Congress has passed a bill raising the debt ceiling by by $2.4 trillion dollars, to avoid the nation defaulting on its many debts. The proposed spending cuts, to take place over 10 years, not to commence until 2013, are weak and insufficient to tackle the national debt. There is also the very high probability the government will spend even more money, via miscellaneous and emergency costs, that will completely derail the entire budget.

The bill is not particularly helpful to the U.S. economy, makes paltry cuts in government spending that will have no real impact on the deficit and lacks the tax increase on the rich, necessary to help financially pull America back in the black.

U.S. President Barack Obama (right) and Vice President Joe Biden (left)

The economic numbers are in for July 2011 and they do not look good. Job creation is going at a very poor pace, leaving 14,000,000 Americans unemployed. U.S. Senator Bernie Sanders insists unemployment is actually at "16 percent" not "10 percent." There was next to no growth in the U.S. manufacturing sector, which is bad, as the nation needs exports as one of several key revenue sources.

As mentioned above, another key revenue stream that is missing from the bill, is tax increases on the nation's wealthiest citizens. It's only fair, if the rich are going to live in America, they should help clean up the financial mess Wall Street's greed spree made on their behalf and that of their bulging bank accounts.

Sensible cuts to the government's budget would have made a great impact, such as closing a number of U.S. bases abroad, selling the land/buildings and equipment to the host countries, saving the nation billions in upkeep costs per year. The defense budget is too big, yet as we have seen repeatedly, terrorists can get into America if they want to and engage in evil acts that need to desist.

President Obama and members of his administration

Therefore, you may as well close many of the bases and bring the U.S. citizens back to America. It is cheaper than keeping them open, which is causing further offense in a number of places in the world. It also seems the cuts in the current bill target the poor and middle class, which is a bad idea. How did Congress get it so wrong again.

For the aforementioned reasonable reasons, the Judiciary Report is not in favor of the bill that was just passed in the U.S. Congress. Any sensible person with moderate views and a grip on reality will realize, it is not going to work and after all that wrangling and arguing it sad that this is all they came up with.

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