Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Wednesday, March 9, 2011

Poll: Obama Is Taking America In The Wrong Direction


Barack Obama

According to a prominent poll released this week, most Americans believe, U.S. President, Barack Obama, is moving the nation in the wrong direction. President Obama's economic policies leave much to be desired. It is not a winning recipe for success and regrettably, America is finding this out the hard way, as the unemployment crisis rolls on at a terrible rate.

However, the President is determined to stick to the current course of action he has chosen, despite the fact it is not working. Former President Bush destroyed the U.S. economy, but Obama has been unable to fix it, due to his political plans creating unintended side effects.

President Obama needs to press the brakes on the heavy spending, as he is creating a situation that will have negative consequences for many years in the debt department. Sadly, the President is not attuned with the people, in regards to the populace's wishes for America.

STORY SOURCE

Poll: US Going In Wrong Direction

Obama's Approval Rating Among Independent Voters Drops

Growing number of Americans see country on wrong track

Tuesday, March 8, 2011

Michelle Bachmann Goes After President Obama


Judging by the backdrop, both Barack Obama and actor Charlie Sheen believe in "winning"

Congresswoman, Michele Bachmann, has been hitting out against, U.S. President, Barack Obama, calling his administration "corrupt." She is displeased with a number of political decisions he has made, characterizing them as having damaged America.

Michele Bachmann

Bachmann, a prominent member of the Tea Party movement, does not approve of the President's handling of the economy or health care. She also deems President Obama anti-American. According to reports, she is mulling a presidential run in 2012.

STORY SOURCE

Michele Bachmann: Actions Taken By Obama Administration Are "Thoroughly Corrupt"

Bachmann Blasts Hidden $105B Obamacare Tab

Monday, February 28, 2011

ObamaCare Making People Sick

Obama Health Care Bill Damaging America

Barack Obama

Many are complaining the health care bill of U.S. President, Barack Obama, is damaging America. It has already sent up the nation deficit by $1 trillion dollars, but recent news indicates there are deeper problem.

Critics complain ObamaCare is limiting health care choices, running up insurance premiums and adding a toxic amount of debt to the national tally. America needs a better health care bill, as the current one needs work, due to the many flaws that need to be removed.


Friday, February 18, 2011

The Obama Economic Plan Is Not Working


U.S. President Barack Obama

Newly released economic numbers indicate, the Obama economic plan for America is not working. Gallup places unemployment at 10%, which is up from 9.8% and there has been an increase in layoffs as well. The government has not been able to tame the unemployment issue, which is crucial.

This is even worrying the Federal Reserve and separately the Treasury - people in President Obama's corner. How long will the government continue along this fruitless path. When will they realize their current plans are not working and change course.

The next presidential election is less than two years away, but the real electioneering will begin in roughly a year. Obama doesn't have much time left to make something genuine of his presidency to illustrate why he is seeking a second term.

STORY SOURCE

Gallup Finds U.S. Unemployment Up to 10.0% in Mid-February

US Initial Jobless Claims Rise 25000 to 410000 Last Week‎

Inflation and unemployment weigh on Wall St‎

U.S. Economy: Consumer Prices, Jobless Claims Exceed Forecasts

Consumer Comfort in U.S. Holds Near Two-Month Low; Outlooks Dim

Bank of Japan Members Warn Against Optimism on US Economy

Monday, February 14, 2011

What Does Obama Mean By "Winning The Future"


Barack Obama

President Barack Obama has been pushing America very hard and in the wrong way. He spoke of the nation's next "Sputnik Moment" and "Winning the Future" which is also derisively and obscenely known as "WTF" ("What the f**k" in internet jargon). However, it is not about genuine "change" but over competitiveness.

Putting that kind of pressure on any nation to perform and innovate will lead to trouble. The best innovations are born out of a sincere need or desire, not from President Obama's platform of outdoing the next man ("Sputnik Moment" refers to the time Russia launched "Sputnik 1" into space, becoming the first to enter said domain) .

The President's motives in this regard are wrong and his priorities are not in order. The kind of innovation the President wants is braggadocios and leads to greed, disaster and sometimes, illegal behavior.

The greatest achievements in history did not spring from looking at what one's neighbor is doing and covetously exclaiming "I must outdo them." People who have worked under that motto, have gone to prison for breaking the law, in trying to cut corners and take that which is not theirs, in achieving a goal built from the wrong motive.

The greatest human achievements came from men and women that were personally touched by happiness, tragedy, a loved one being sick or their own disabilities and invented an answer to the problem. Do not let greed, envy or covetousness be your incentive. Turn your happiness or pain into something progressive.

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GOP Opposes Obama's $53 Billion Bullet Train

Obama Pushes Billion Dollar Train But Is Cutting Heating Subsidies For The Poor

Piers Morgan Facebook Interview A Prime Example Of What's Wrong With The Economy

Obama Bullet Train Taking A Beating


Barack Obama

Economists, analysts and politicians have come out swinging against U.S. President Barack Obama's $53 billion dollar California bullet train. Not only is it very costly and constitutes unnecessary spending during a financial crisis, the proposed plans contain errors, fraud, exaggeration of profitability and charts the course of the train, through a rural area that will not recoup its costs.

In short, the train in its current proposed state is a waste of taxpayer money. Feasibility studies have been corrupted by those in favor of the bullet train, which means the taxpayers will take a beating when it is actually implemented and profits lag.

A bullet train in the tri-state area of New York, New Jersey and Connecticut, would be more profitable, than the proposed California corridor. However, such a project should not commence, until the ongoing financial crisis is resolved.

President Obama, attempting to seize upon another "Sputnik Moment," is wasting taxpayer money at the worst possible time with this project, in trying to keep up with China, Britain and France.

Had Washington cut the national budget from 2008 and not greenlit such exorbitant stimulus spending, where taxpayer funds were misappropriated and stolen, America would already be out of the financial crisis.

Instead, even more damage has been done to the economy, setting the nation even further away from financial recovery. Washington has not reined in spending, the deficit continues to jump and unemployment and foreclosures are still on the rise.

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GDP Data Shows The Recovery Failed

Joe Biden: We Can't Replace The 8 Million Jobs Lost

The Government Twists Jobs Report To Hide Losses

What Is Obama Going To Do About The Deficit

Obama Calls For Job Summit

The Benefits Of Government Cost Cutting

How George Bush Destroyed The U.S. Economy

STORY SOURCE

High-speed rail is a fast track to government waste

Amtrak May Lose Money in Obama Transportation Plan

Obama's off the rails proposal

Wednesday, February 9, 2011

GOP Opposes Obama's $53 Billion Bullet Train


Barack Obama

The Republicans in Congress are opposing U.S. President Barack Obama's $53 billion dollar bullet train. The timing is very poor. This is not economizing and cost cutting. This is attempting to keep up with the Joneses in other nations, such as Britain, China and France.

This is definitely not the time for that. Bring the U.S. economy in the black, pardon the pun, then expand. No one is telling President Obama he cannot do this project, just not now. Under the circumstances, waiting has its merits and benefits.

The President keeps alarmingly putting the proverbial cart before the horse. The national and governmental plan should be economic recovery, then expansion. Not the other way around, as the latter will not lead to the former in a financial crisis. It is a very basic principle of economics and a fundamental lesson any politician worth his salt should follow.

When one is financially in the hole, one does not dig deeper with more debt, but sacrifices and climbs higher to freedom (financial freedom). And if Washington doesn't get that, America is in deep doo-doo.

RELATED ARTICLES

How George Bush Destroyed The U.S. Economy

GDP Data Shows The Recovery Failed

Joe Biden: We Can't Replace The 8 Million Jobs Lost

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

Bernake Defends Reckless Spending

Obama Calls For Job Summit

The Benefits Of Government Cost Cutting

Monday, February 7, 2011

Obama Implores Businesses To "Hire And Invest"


Barack Obama

President, Barack Obama, made an appearance today at the U.S. Chamber of Commerce today, hoping to spur hiring among the nation's top companies. U.S. unemployment remains stubbornly high and national revenues are down. Obama addressed the gather, imploring them to hire and invest.

However, as the Judiciary Report stated two days ago, in the February 5. 2011 article "The U.S. Economy Takes Another Negative Turn" businesspeople are "nervous" about "investing" and "hiring" due to the government's current, costly economic plan that is not panning out. The head of the U.S. Federal Reserve, Ben Bernake, also made an about face and warned last week against the slow pace at which the economy is adding jobs, as it is derailing any possible recovery.

STORY SOURCE

Obama Presses Business Leaders to Hire and Invest

RELATED ARTICLES

How George Bush Destroyed The U.S. Economy

GDP Data Shows The Recovery Failed

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

Joe Biden: We Can't Replace The 8 Million Jobs Lost

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

Bernake Defends Reckless Spending

Obama Calls For Job Summit

Unemployment Up To 9.8%

The Benefits Of Government Cost Cutting