Sara Leal Hot

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

Rivals Use Bad Economy As Primary Tool In Their Bid To Oust President Obama

Billionaire Tells Obama To Resign Over The Economy

America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

Executives From Obama's Bankrupt Solyndra Will Plead The Fifth In Congressional Hearing

Greedy Green

Even After The Bankruptcy Of Solyndra Obama Rushes Through Billion More In Green Loans

Barack Obama at Solyndra

After the massive collapse and bankruptcy of U.S. President Barack Obama's $535,000,000 pet project, funded by the taxpayers, known as the solar company Solyndra, most would think the administration would be more cautious in doling out the people's money in said sector of the economy. Not so.

The Obama Administration has just rushed out $9 billion dollars more in taxpayer money to the solar industry, in an attempt at beating China, which has cost effectively perfected the sale and distribution of said apparatus, at a very low cost.

Once again, as the Judiciary Report has stated for 2 and a 1/2 years, these non-necessity initiatives need to be placed on the back burner, until America is on stronger financial footing. The taxpayers and the nation deficit cannot afford any more costly mistakes.

If I were a head of state facing the financial problems America is, I would stick to proven industries that can provide quick and robust returns and shore them up. You reward success, not failure. Yes, it is wise to not give up, but one must use common sense and moderation in how one goes about things, when trying again, especially when the financial stability and success of a nation of 305,000,000 people are at stake.

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Government Gullibility: Played For Suckers Or Was Solyndra A Front For Something Else

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Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People

Friday, September 30, 2011

Celluloid Film Review: Arthur

Title: Arthur

Year Of Release: 2011

Review Date: September 30, 2011

Rating: PG-13

Running time: 110 minutes

Box Office Gross: $65,339,543

Site Rating: 2 out of 10 stars

Family Warning: contains some sexual content and bad language

"Arthur" the remake of the 1981 film of the same name, did not live up to its predecessor, regarding the promiscuous Brit living in New York. The reboot, which stars British comedic actor, Russell Brand, in the role, did not quite do the late Dudley Moore justice. Most filmgoers probably did not look past the surface of this film's trailer, to buy a ticket to see it, as the movie so paled in comparison to what came before it, the deterioration in quality was immediately apparent.

The film did have a few funny moments, but it took way too long for them to arrive. Some jokes did fall somewhat flat, while ironically characterizing the Obama Administration's view on economics. When officials inform Arthur he is living a lavish and meaningless life, by stating, "How do you explain this frivolous spending during a recession" - he simply goes to an ATM, obtains funds from his family's account and spontaneously begins throwing it all over a room full of people while proclaiming, "Free money, recession's over, we're in a boom." The Obama school of economics, indeed.

Speaking of Obama, Hollywood has been name dropping him in their movies, as a means of promoting him. This is being done in bids at propping him up, after their insane agenda, bad advice and constant presence at the White House, firmly planted the first African-American presidency in trouble (see polls). When Arthur is confronted by his mother about his debauched lifestyle and her desire for him to marry a domineering woman he does not love, she admonishes him by stating, "As the charming coffee colored gentleman (Obama) that runs this country said, 'It is time to put aside childish things.'" Actually, that phrase came from the Bible (1 Corinthians 13:11). Leave it to Hollywood to compliment and insult in the same sentence, where no matter what they tell you, race is a factor.

http://www.celluloidfilmreview.com/arthur.htm

Wednesday, September 28, 2011

An Eye Opening Look At Rick Perry's Controversial Social Security Ponzi Scheme Statements

Rick Perry

Texas Governor and presidential candidate, Rick Perry, upset some when he referred to Social Security as a "ponzi scheme." I’m hoping he is not right in this matter, but here's what is leaving the door open that he very well may be.

A ponzi scheme is condcuted by a fraudster(s) that collected money from investors, on a financial scam they have no intention of making good on, with positive monetary returns, while securing your investment. They keep seeking out new investors, to use their newly collected money, to pay alleged returns to the first set of investors. The pattern keeps repeating itself, until all the principal paid by all the investors has been squandered away, not only on issuing checks for bogus, non-existent returns, but also to pay for unauthorized, frivolous and illegal activity by the fraudster.

In July 2011, when President Obama stated, he could not guarantee that Social Security checks will go out, if the debt ceiling was not raised, it caught my attention. Why would Social Security, an old, allegedly wealthy fund, with trillions of dollars in taxpayer money, be in danger of not being properly distributed, as it has been for years.

Did some unscrupulous person(s) in the government spend most or all of the money in an unauthorized manner and Washington is using borrowed money to send out the checks each month. Why else would the President say something like that.

What oh what could have depleted those funds. Hmm let’s see - two wars in the Middle East could destroy trillions over the course of several years. The movie "The Obama Deception" also points to the fact, in the transitional time period, between former president, George W. Bush, preparing to leave office and President Obama assuming it, trillions in U.S. taxpayer money mysteriously went missing.

Barack Obama

It would be an evil thing if the people’s money in the Social Security fund was no longer there, after millions paid into it in good faith. For years, I’ve heard so many seniors say they have paid into Social Security for decades, which will tie them over in their old age, until they pass.

My mother paid into social security for over 30-years and she is one of many thinking their money is still there. Many seniors in Florida and around the nation will readily admit, they use their monthly Social Security checks to pay for food, utilities and transportation. They are not "bling blinging" with this money, as the modern phrase goes. It is being used on necessities.

For those seniors that lost their homes during the current foreclosure fiasco that gripped the nation, when banks colluded and drastically raised interest rates in a short space of time, thus sending monthly payments through the roof, leaving many unable to pay their adjustable mortgages, their Social Security checks are paying for rent as well.

If the U.S. government messes around and the Social Security fund collapses, millions will go homeless in America, as there are many senior citizens in the nation, many of whom are infirmed, the job market is poor and there exists ageism in it as well creating discrimination issues. The government needs to get its act together, as the welfare of many is at stake.

Thursday, September 22, 2011

How Did The Obama Administration Get To The Political Point Of Zero Jobs Created

Why Did His Advisers Not Warn Him Of The Pitfalls

Left to right: President Barack Obama, Vice President Joe Biden and House Speaker John Boehner

The Judiciary Report is disappointed that President Obama has the tag of "zero jobs created" attached to his name, in a presidency that held so much promise, but has gone terribly awry (Stunning New Rick Perry Presidential Ad Paints Obama As ‘President Zero’). However, Obama chose a path that was financially risky, ignoring many warnings that what he has been doing will turn out badly...and it did.

Infrastructure Spending

From early in his presidency, the Judiciary Report, warned against Obama trying to replicate what former president, Dwight Eisenhower did, via massive infrastructure spending. In the October 21, 2010 article Obama Trying To Be Dwight D. Eisenhower the Judiciary Report warned against Obama's profligate spending in this area of commerce.

Hefty infrastructure spending sounds good on paper, but it led to a recession during Eisenhower's time. The site gave an explanation for the warning and that being we live in different times that cannot be applied to Eisenhower's era. President Obama found this out the hard way. In the end, Obama's "shovel ready" jobs were anything but and turned out to be a bust. Architecture often has a lot of red tape for safety reasons. You don't want to build, repair or retrofit structures without the proper schematics and workers, which takes time.

Stimulus

Obama was not tough enough on corporate stimulus recipients, something the Judiciary Report warned against before the wild spending began (Obama Calls For Job Summit). There was no fear of what would happen to them if they hoarded, misappropriated or embezzled taxpayer funds, so they did what they wanted to with the money. Obama was trying to win their affection and support by buying them with federal taxpayer money, given as handouts, but this was ill-advised.

You cannot be a chummy friend to industry, when you are the government. You are a regulator and overseer. There needs to be clearly defined lines that must not be crossed. You can't trust people with that much money. It doesn't matter what nation, as there will be someone with a bright idea on how to steal it. Too much temptation to steal cookies from the jar has proven the downfall of many.

One can't just say, "Here's a billion dollars, go create some jobs" as some will think, "It's more like I'll create some offshore bank accounts." To this day, there has been no real accountability with taxpayer funded corporate stimulus funds. Some companies need to return the money under the penalty of imprisonment, for misuse of the funds. There should have been ground rules - if you mess up with this, I'm going to mess you up (within the law, of course).

At this point, hypothetically speaking, the government would have been better off giving the money to McDonalds, Walmart or Apple, though they did not need it, as they created jobs during that time period, where others on Wall Street failed to do so. Let's face it, Wall Street has become Hoard Street. The stimulus screening process is very poor.

Frivolous Initiatives

Even in the face of the fiasco that has become Solyndra, President Obama, is still trying to push through $9 billion dollars in taxpayer money for similar solar and wind projects. These are risky investments that can wait, until they can be done more cost effectively and at a real profit. This was and is not the time for the new and experimental, when you are struggling with an economy that is in dire straits. You do that when there are surpluses, not detrimental debt and skyrocketing deficits.

The president needs to focus on the meat and potatoes of economic earnings, not the costly caviar and champagne model. Sound, proven strategies and products. Not items and initiatives with a big question mark over their potency and profitability.

Criminals In The Corporate World

No world economy can thrive with a significant number of fraudsters in its midst and Wall Street is still suffering from this problem, even with the arrests of Bernard Madoff and Allen Stanford. For years, the Judiciary Report has state the government is covering up the crimes of high profile financial criminals (Cleaning Up Corporate America, How George Bush Destroyed The U.S. Economy and This Is Not "Wall Street").

Even with the battering the economy continues to take, the government refuses to arrest a group of known fraudsters deteriorating the nation's bottom-line. Too big to fail also extends to too big to arrest.

Bad Advice

President Obama has listened to all the wrong people - particularly Hollywood, which loves to invoke Ronald Reagan as an excuse for meddling in politics, when they don't know what they are doing. While I didn't agree with everything Reagan did, the man was no idiot. He was a university educated actor turned politician, that came from the old school, where a premium was placed on intelligence.

There is not one modern actor or singer in Hollywood that could hold a candle to Reagan in this regard. Nowadays, you'll find, most stars are occult worshiping, mental patients waiting to happen, masquerading as celebrities (see: Britney Spears, Lady Gaga, Madonna, Nicki Minaj and Charlie Sheen, to name a few).

Tuesday, September 20, 2011

Executives From Obama's Bankrupt Solyndra Will Plead The Fifth In Congressional Hearing

Barack Obama

Reuters is reporting today that executives of the newly bankrupt solar company, Solyndra, who President Obama fully backed, attended their corporate meetings and gave $500,000,000 in taxpayer money the country will never see again, will plead the fifth in Congressional hearings, invoking the Constitution, to prevent self-incrimination. This lends the appearance of guilt on their part and the taxpayers deserve a better explanation, rather than none at all via a cop out.

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Is Bill Clinton Becoming An Obama Apologist

Latest Video Interview Seems To Indicate That

Former U.S. President, Bill Clinton, gave an interview through his foundation, commenting on President Obama and the state of the economy in America. In watching the interview, one gets the impression, Clinton has become an Obama apologist, which is not good for the country.

When the current president takes an ill-advised course of action that proves to be unsuccessful, trying to cover for him is not the answer, because as we have seen, the current administration has a habit of repeating its mistakes, to the taxpayers detriment. Even with the failure of Obama's pet project Solyndra, he is still dumping taxpayer money into similar initiatives.

The path President Obama has chosen as his method to fix the U.S. economy, has consistently proven to be the wrong one, for nearly three years. Projects he is currently proposing to put people to work, will not be up and running until at best, late next year.

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Saturday, September 17, 2011

Senator John Boehner Slams President Obama’s Jobs Bill

Republican Speaker Of The House in Congress, John Boehner, has dismissed U.S. President Barack Obama‘s $447 billion dollar jobs bill as one that will not work. Senator Boehner believes job growth will not come from the president’s proposed bill, but the private sector.

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Another round of bad US economic data

Thursday, September 15, 2011

Jobless Claims Rise Again In America

...And More People Fall Behind On Their Bills

Barack Obama

The job situation in America is terrible. So many people are unemployed. The current financial crisis has touched so many households in the nation, with jobless claims rising and a record number of people falling behind on their bills, namely mortgages.

In all the political speak transpiring in Washington, it is hard for some to gauge, who will be the most helpful, when so many are in need and not enough is being done. People need results, not more promises that go unfulfilled.

STORY SOURCE

US jobless claims rise to 428000

Consumer Price Index, Jobless Claims Rise

Wednesday, September 14, 2011

What Will Obama Do If He Doesn’t Get Reelected

What If This Is Where His Presidential Legacy Will Conclude

Barack Obama

With the 2012 presidential election rapidly approaching, what will President Obama do if he is not reelected, as polls indicate. As it stands, his legacy is not in a good place. He is embedded in world history for historic spending and America reaching record economic lows during his time in office. How can this be a good thing.

Obama has very little time left to possibly change his legacy before the next election. After 2 years and 9 months of failed stimulus spending, unsuccessful financial policies and a new war, what does he plan to do to reverse this dismal presidential record.

One has to wonder, does it matter to him how he is remembered, as the political action he continues to take is quite risky, ill advised and indicative of someone that somehow no longer cares what happens. Why has Obama listened to the wrong people.

Government Gullibility: Played For Suckers Or Was Solyndra A Front For Something Else

Barack Obama to White House staffer: this is the President. I'd like for you to send some gold bricks to Solyndra and gift wrap it with the note, "From Barry, with Love."

In reading the latest information coming out about the bankruptcy of President Obama's favored Solyndra solar company, which wasted over a half a billion dollars of taxpayer money, one is left to wonder, was the government really that gullible, did Solyndra play the Obama administration for suckers or was the company a cover for something else.

$535 million dollars is a lot of money to commit to a new company, especially one with unproven products and services. Yet, the government had no qualms about doing so, fast tracking the loan within six days, jumping in head first, in what was a terrible deal from the outset. Do you know how many small businesses in America would love a simple $5,000 to $10,000 loan and can't get one, yet Solyndra received this windfall of cash.

President Barack Obama and Chris Gronet of Solyndra

The FBI demands taxpayer money from Congress, claiming it is for one thing, but behind closed doors, often uses it for illegal secret programs that shred the U.S. Constitution. Was Solyndra using taxpayer money for reasons other than what was disclosed to the public, as I find it hard to believe any company could blow through half a billion dollars and have absolutely nothing to show for it. What happened here.

I have a question, if I go to Home Depot, buy some sheets of Plexiglas, spray them black, leave them out in the sun and call it a solar initiative, will the government give me $528,000,000 to play with too. Hey, it doesn't hurt to ask.

The FBI raiding Solyndra. Yea, now they want to investigate something, after the brown stuff hit the fan and the taxpayers' money is gone

An article published yesterday in the San Francisco Chronicle indicates, Solyndra sent an "upbeat" report to the government in July 2011 and they apparently bought it hook line and sinker (Feds probe Solyndra's upbeat July report). This was six weeks before they filed for bankruptcy, yet as recently as six months ago, the Judiciary Report again warned the Obama Administration needed to drop its solar initiatives.

If I knew, shouldn't the government have known as well. You mean to tell me the White House and the FBI, an investigative agency, where the President meets with its director, Robert S. Mueller, on a weekly basis, did not know what was going on at Solyndra.

Obama at Solyndra pretending he understands what they are talking about, not realizing it is rubbish that will go on to cost the taxpayers a boatload of cash. He should have let me go there for him, because the first thing out of my mouth after their long speech would have been, "You're talking pure bull!"

It's amazing - the FBI will illegally pry into the lives of writers such as myself (FBI Reproved For Spying On Journalists), day and night, even inappropriately talking to people I know personally, in bids at unconstitutionally swaying my sites and wanting to have unflattering things about them removed, yet a company like Solyndra that was loaned a half a billion dollars in taxpayer funds, they ignored, allowing them to blow all that money and during a financial crisis.

I'm pretty sure, had you collectively asked the taxpayers, who they would have wanted you to spend taxpayer money investigating, giving them the option:

a.) a ~~wonderful~~ annoying, smart alec blogger with a proven track record record of exclusives, who accurately called the FBI a bunch of corrupt privacy invaders wasting the taxpayers' money (the male ego can be so fragile)

-or-

b) a company (Solyndra) loaned $500,000,000 of taxpayer money that will go bankrupt and not repay it, much like the annoying blogger in option "a" warned would fail WELL BEFORE IT HAPPENED.

I'm sure the American people would have chosen option "b" Solyndra over the irritating, smart alec blogger that didn't do anything to anyone. As usual, the FBI continues to pry into the lives of the wrong people, while the real trouble happens elsewhere.

My point? The taxpayer money you wasted watching writers like me and covering it up by hiding the Freedom of Information Act files that reveal it, you could have spent investigating Solyndra and stopped this waste of $500,000,000 in taxpayer money, before the damage was substantial. Personally, I'm offended.

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Tuesday, September 13, 2011

Obama Administration Mum On How Many Jobs They Can Create For $420 Billion In Taxpayer Money

Will It Be Another Fiasco Like Solyndra

Barack Obama

For the past 2 and ½ years, the Judiciary Report, has consistently warned the government need not waste taxpayer money on frivolous stimulus initiatives and must guarantee a maximum number of jobs are created, if they are going to use said funds. Well, they did not listen and hundreds of billions of dollars in taxpayer money has been wasted - flushed down the toilet on frivolous misadventures, misappropriation and flat out theft and embezzlement.

Again, President Obama is back with the same speech, stating Congress must pass his latest jobs bill, but with the track record of failure under the administration’s belt in these endeavors, I’m not holding my breath anything significant will come of this. There's too much room for error and waste.

President Obama at Solyndra

Case in point, as mentioned previously, the Judiciary Report warned against Obama’s solar initiatives that later went on to fail, as the president’s pet project, Solyndra, which he sat in on meetings for, filed for bankruptcy two weeks ago, after only creating 585 jobs for $535 million dollars in taxpayer money. Other examples of egregious waste exist in Obama’s budget over the past couple years, but are being buried from the mainstream press.

Some hard questions need to be asked and publicly so, such as, how many jobs will the Obama Administration create if Congress passes its latest $447 billion dollar stimulus jobs bill, as given their history of failure in this regard, the taxpayers can't afford anymore costly mistakes. The economy has slipped away from the administration.

Side Bar: Why did Obama order the FBI to raid Solyndra last week, essentially to save face after they filed for bankruptcy, when he was very involved in the company, even attending corporate meetings. President Obama had to have known what was going on, as did the FBI/DOJ and DOE. They knew the inefficient and extravagant company was DOA, but kept supporting them with taxpayer money anyway.

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Monday, September 12, 2011

Obama’s Job Plan To Be Paid For By The Taxpayers

Dangerously Piling On The National Debt During The Financial Crisis

Barack Obama

The newly announced jobs program of, U.S. President, Barack Obama, has come under fire this week. It has been revealed, $421 billion dollars of the $447 billion dollars the jobs bill requires, will come directly from the taxpayers, adding to national debt. This has infuriated many, especially in light of the fact, billions upon billions of dollars in stimulus money and the debt ceiling increase, has also come from taxpayer money.

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Friday, September 9, 2011

Are Obama's Speeches Getting Through To The Public

...After 2 Years And 9 Months Of Economic Chaos And Falling Numbers

Left to right: Vice President Joe Biden, House Speaker John Boehner and President Barack Obama, who is not looking very happy

Are U.S. President Barack Obama's speeches getting through to the populace and is he giving too many of them, too often, to no effect. Last night, the President gave a televised speech on the terrible unemployment crisis in America, stating he is seeking the passage of another legislative bill, with a hefty price tag of $450 billion dollars, to create new jobs.

The proposed bill will use taxpayer money to kick start the economy and Obama is already blaming the Republicans if it doesn't pass Congress, when he's already been given several hundred billion dollars to accomplish said goal, once again, to no effect.

We've heard all this before from Obama...repeatedly. It is more of the same. Yet, none of the spending is working, because the Obama Administration's fiscal plans lack economic discipline, controls and proper taxes, particularly on the rich. It is and will be money going down the drain on corporate hoarders, who have exhibited a great disdain for the middle class and poor.

Wednesday, September 7, 2011

Obama Proposes $300 Billion Jobs Program

But The Question Is Will The Money Be Wasted And Stolen Again

Barack Obama

In a last ditch bid to save his crumbling presidency, which has reached many historic lows, Barack Obama, is proposing a $300 billion dollar jobs program for the U.S. economy. Considering the massive number of billions in stimulus money that has allegedly gone to this endeavor over the past 2 years and 9 months, the Judiciary Report is skeptical the money will be efficiently used and go to the right programs.

As national records reflect, President Obama’s campaign donors benefited greatly from the stimulus, but many of them did not put the money back into the economy. Hence job growth in America consistently drying up, reaching 0%, where it currently stands (more like sits).

$300 billion dollars could go far in any economy, but not if it is not used on the correct financial initiatives and instruments and as the Obama Administration has exhibited throughout its tenure, there exists virtually no controls over the taxpayers’ money to safeguard it from abuses, misappropriation and theft.

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0% job growth: What didn't work then isn't working now!

Monday, September 5, 2011

Obama Sends U.S. Debt To All Time High

Debt Skyrockets Under President Obama Surpassing $10 Trillion

Barack Obama

For the first time in history, U.S. debt has topped $10 trillion dollars, up 59% under President Obama. In the midst of all Washington's spending, based on the reasoning President Obama set forth over two years ago, calculated expenditures would (allegedly) stimulate and boost the economy, spurring job growth. However, it has not and to terrible results. For the first time since 1945, U.S. job growth is at 0%, which is breathtakingly bad.

The government has also dipped into Social Security funds, which is not a good thing. According to CNS News, "The 'intragovernmental' debt is money the Treasury has borrowed out of government trust funds—including the Social Security trust fund—to use on federal expenses other than those the trust funds were set up to cover." This is a disaster in the making. Why is this being allowed.

STORY SOURCE

U.S. Debt Held by Public Tops $10T for 1st Time—Up 59 Percent Under Obama

Friday, September 02, 2011 - (CNSNews.com) - At the close of business on Aug. 31--for the first time in the history of the country--the publicly held debt of the federal government topped $10 trillion, according to data released by the U.S. Treasury Department at 4:00 p.m. yesterday.

http://cnsnews.com

Saturday, September 3, 2011

U.S. Job Growth At 0%

Barack Obama

The latest economic figures pouring out regarding the U.S. economy are not pretty. Job growth in the United States uncomfortably sits at 0%, a first since 1945, which is an embarrassment to the Obama Administration and Congress, as extensive stimulus spending has not remedied the ailing economy. The number zero says it all. Yet, the government insists there is no recession and they are right - it's a depression.

Here's hoping this will be the wake up call Washington needs to change course and begin making serious budget cuts, levying a small, but meaningful tax increase on the rich and stop investing the taxpayers' money in exorbitant, experimental projects the nation can't afford. America can experience a turnaround, but not doing what the Obama Administration is engaging in, as the Judiciary Report has warned for over two and a half years.

STORY SOURCE

With zero jobs, recession risk just got worse

More Failed Stimulus Spending: Green Jobs Boondoggles Promoted by Obama Fail and go Bankrupt but Obama Wants More...

Obama Promotes More Failed Green-Jobs Schemes, More Job-Killing Regulations

Friday, September 2, 2011

A Sneak Peek At Obama's Job Plan Leaves Much To Be Desired

"Houston, We Have A Problem"

Barack Obama

A sneak peek at U.S. President Barack Obama's job plans reveals trouble. It contains more massive spending and no real revenue stream to pay for it. Items designated to spur job growth are temporary fixes to the nation's problems in the economic department. President Obama is looking at the short term, with spending plans that are costly and will produce very little benefits to the economy. In short, it's not going to work...again.

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STORY SOURCE

‎President Obama's Job Plan: New Details Unveiled

Thursday, September 1, 2011

Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People

Hate To Say I Told You So, But I Told You So

Barack Obama

Solyndra, the solar company U.S. President Barack Obama, personally and publicly backed, giving the corporation $535,000,000 in taxpayer money, has filed for bankruptcy, laying off its 1,110 workers.

For a number of reasons, the failure of this company is a serious blow to the U.S. economy and the White House for underwriting it. The U.S. taxpayer is out over half a billion dollars, unemployment shall go up, jobs that could have been created with that money will not be and President Obama’s credibility has taken another hit.

The Judiciary Report warned President Obama in a string of articles to back off his solar initiative, but he did not and to disastrous results. From the beginning of Obama’s presidency, the Judiciary Report has warned that the White House, U.S. Congress, FBI, CIA and other divisions of the government, should economize and prioritize.

However, that message fell on deaf ears. Much like when I warned in 2006 via a sister site (Sound Off Column) that a financial crisis was coming and it did two years later, but the government ignored that as well, when it could have been prevented. The government has been gambling with/spending taxpayer money, like a lottery winner, splurging with newly gained funds, only to end up bankrupt in a few short years, due to poor financial planning.

Barack Obama

The Judiciary Report would like to revisit its jobs plan from early 2009 (Obama Calls For Job Summit and Nancy Pelosi Speaks About STDs), to emphasize why the U.S. economy is still in the toilet two years later.

As stated above, the U.S. government, under Barack Obama, personally gave Solyndra over half a billion dollars in U.S. taxpayer money to play with - yet as we can see based on reports, they only employed 585 people with said funds, which is economic rubbish.

This solar initiative was not a priority. The Judiciary Report warned again regarding it as recently as April. There is no excuse. That money should have gone to more practical job creation, where much more people would have been employed for those same taxpayer funds, thus noticeably decreasing unemployment as stated in the article Obama Calls For Job Summit.

Had Obama followed the Judiciary Report's aforementioned job creation outline, over two and a half years ago, unemployment would not be ridiculously high and rising, as it is today. Coupled with appropriate taxation and budget cuts, the economy would have been doing quite well today.

President Obama at Solyndra

Do you know how many jobs I could create for over half a billion dollars, yet the government, utilizing poor oversight, which the Judiciary Report expressly warned against in 2009, allowed Solyndra to create just 585. I keep repeating that because the government does not seem to get it.

For that money why employ 585 individuals when you could employ over 35,000 people for those same funds, in stable, proven industries. These costly missteps and mistakes coming out of Washington are clearly about someone's agenda, rather than what is in the best interest of the general public.

As stated in the bullet train articles, this is not the time for experimentation. Vanity projects need to wait until America is on stable financial footing. The government is not prioritizing and it is very perturbing, as people in America are suffering, yet Washington continues to put the cart before the horse. Once again, you must prioritize.

Furthermore, the Judiciary Report has concerns about too many people jumping into the solar industry, without proper scientific investigation. Not only is it very costly per household at the current rate of the technology, will every company use the same calibration for each piece of solar apparatus, as invariably, overuse to certain degrees, by too many people worldwide could harm the sun. Frankly, the latter is not a pretty scenario. The industry needs universal regulations and standards, as this is a serious issue.

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STORY SOURCE

Wednesday, August 17, 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.

RELATED ARTICLES

Gallup Poll: Any Republican Would Beat Obama If The Presidential Election Was Held Today

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

Rivals Use Bad Economy As Primary Tool In Their Bid To Oust President Obama

Billionaire Tells Obama To Resign Over The Economy

America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt