Obama Economy Worst On Record Since The Great Depression

The Obama Administration has been touting the allegedly low unemployment rate, while glossing over the fact over 94,000,000 Americans have been removed from employment rolls, as they’ve given up trying to find a job. A new report reveals 1 in 6 able bodied American men is unemployed, having given up searching for a job because they simply can’t find one.

The record spending Obama has done to the tune of trillions of dollars, including giving himself and his family of four $70,000,000 worth of vacations since taking office in 2009, has made the U.S. economy infinitely weaker (The Obamas Cost American Taxpayers $70,000,000 In Luxury Vacations And Fought To Hide The Bills Showing The Lavish Spending). During this time, China, the world’s top supplier of goods, has surpassed the U.S. economy as the biggest in the world. The U.S. government continues to proclaim America the richest nation on earth, but it is debatable at this point in world history. 

Barack Obama

 

What is on track to happen due to Obama’s wild spending is America heading for bankruptcy. The treasury is going to run out of money at this rate. A time is coming when the federal government will no longer be able to afford to financially stay afloat. Obama simply spent too much money, more than the second biggest spender in American history, former president, George W. Bush. Austerity (for a time) is not a bad thing. Austerity is not a bad word. Throughout history it has saved global economies.

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Report Indicates Obama Is Disguising Bad Economic Numbers

U.S. Foreclosures Spike Again Indicating Trouble In The Financial Sector

The Washington Post Accuses Congress Of Covering Up The True State Of The U.S. Economy

Hillary Clinton States She Does Not Know Why Small Business Has Stalled Under Obama For The Past Two Years (Video)

 

The Obamas Cost American Taxpayers $70,000,000 In Luxury Vacations And Fought To Hide The Bills Showing The Lavish Spending

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

U.S. Economy Hits Another Wall As Unemployment Is Higher Than Expected

How George W. Bush Destroyed The U.S. Economy

The Corporate Sector Destroyed The Middle Class

Government Gullibility

This Is Not Wall Street

Artificial Growth

New Financial Crisis Hits America Confirming Previous Site Claims

Barack Obama 

Throughout the tenure of U.S. President Barack Obama, from day one to the present, the Judiciary Report has advocated austerity in government spending, a modest tax hike on the rich and an increase manufacturing (Ben Bernake Didn't See The Financial Crisis Coming) to counteract and reverse the 2008 financial crisis that happened due to the damaging policies of former Commander-in-Chief, George W. Bush (How George Bush Destroyed The U.S. Economy). However, Obama did the exact opposite and to America's detriment.

Under the influence of incompetent, mentally ill Hollywood, who’ve spend more time in the White House than any other group combined, Obama used the entertainment industry’s motto of “you’ve got to spend money to make money” and “buy your way out of trouble.” And so, the Obama Administration splashed the cash. Today we see the end result of that folly. America is deeper in debt than it has ever been in the nation’s entire 400-year history. America’s national debt is approaching $19 trillion dollars.

Under Obama’s record spending, he has set in motion what is on track to cause the financial collapse of the federal government. On its current course, a time is coming when there will not be enough money to keep the federal government afloat and it will financially collapse.

To make matters worse, some of Obama’s campaign donors and cronies have looted the U.S. treasury, via shady backend deals that have made them wealthy at the expense of the American taxpayers. They were not entitled to this money. More constructive things could have been done with said stolen funds to benefit the nation, rather than a group of greedy, unpatriotic, thieving scoundrels.

The U.S. stock market is completely unstable, experiencing rollercoaster type activity and massive declines that wiped away $2.3 trillion dollars in one year. America’s top companies are in decline. Walmart, a top grossing American company, is closing 269 stores domestically and worldwide, which will result in 16,000 people losing their jobs. Apple is experiencing serious stock and sales declines.

Other companies in the tech sector, such as Oracle, HP, Twitter and Facebook are also experiencing sales and stock declines. Apple has lost $44.7 billion dollars in value, as sales have weakened.

American banks Citigroup, Bank of America, Wells Fargo and JP Morgan Chase have all lost billions of dollars in value. Foreclosures are also up again in America, revealing the government has not properly addressed the financial and mortgage crisis of 2008 that is rebooting itself and causing misery among homeowners.

Food prices in America are high. I’ve discovered food prices in Britain are on average 30% lower than America. Every American I know is complaining about food prices. It’s not a good sign when working class people can’t afford food. That is a tell tale sign the economy is not in a good way. It also necessitates the need for more food stamps to prevent people from going hungry, which means the government is underwriting that as well, due to the administration's poor handling of the economy.

Unemployment is up. However, reports indicate the Obama Administration has been falsifying numbers and removing millions of unemployed people from national financial data to give a false impression. These millions are incorrectly branded individuals who have given up on finding a job. However, they are still among the unemployed and should be included in the official tally to correctly gauge the financial problems facing the nation. How do you possibly fix a problem you refuse to acknowledge exists.

The corruption and costly illegal spying by the U.S. government has reached an all time high. Obama is blanket spying on the American people, which is unconscionable and perverse. Obama is also illegally spying on Congress to great degrees, which is criminal. Where are the famed "checks and balances" and the "separation of powers" when the president is behaving like a dictator in spying on everyone and trying to control everything.

America is supposed to have three branches of government - executive (president), legislative (Congress) and the judicial (courts). Right now, America only has one, the executive branch, that is spying on, browbeating, bullying and coercing the other two branches into submission and corruption...and to terrible economic results.

During Obama’s final State of the Union Address last week, the president stated America’s military is the most advanced in the world, but he is completely wrong. The Chinese military is far more technologically advanced. There was an incident that revealed the Chinese military has become far superior in the technological realm.

The U.S. Navy was conducting a military exercise in the Pacific Ocean using a technologically advanced American submarine. However, a Chinese submarine with even greater technological capabilities surfaced right beside the American sub and went completely undetected until the U.S. military literally saw it with their own eyes above water. That's just a fraction of what their technology can do. China has also made great strides in space weaponry as well.

America is also not self sustaining. China is a fully functional economy and nation in every aspect, producing all the food and technology it needs. America does not produce even ½ the food the nation consumes or the majority of the electronics the country uses. Most electronics in America comes from China, which became a global force in the past 5-years due to exemplary manufacturing standards that generated trillions in revenues. Fair is fair. They made the products and deserved to be paid for them. I'm not complaining, as I use Chinese products all the time. The point I'm trying to make is America does not occupy the same place it once did in the world and the government refusing to realize that will not help the nation progress.

The U.S. government is spending so much time, manpower and money on fruitless wars in the Middle East, the nation cannot afford to respond appropriately if something truly horrible happens on a global scale. It is a mass of wasted time, money and resources. All the money going into these wars could have greatly improved America's businesses, schools, homes and general infrastructure, making the country stronger.  

There are many imbalances in the U.S. government and economy that need to be corrected. Yet the Obama Administration is in denial and has not remedied the serious problems facing America. You don’t fix problems by covering them up and proverbially "kicking the can down the road" to the next administration, as Bush did and Obama is doing. It just results in a bigger mess and greater problems eroding the nation.

Obama has and continues to devote an extraordinary amount of time in dogmatic, obsessive and alarming bids at destroying his perceived enemies, conservatives, than he does America's enemies, ISIS. It's sad that Obama has spent more time attacking conservatives and Christians in America than he has ISIS.

Americans had to raise a stink for Obama to even admit the terrorist attack on San Bernardino, California this past December was terrorism (Obama Administration Being Slammed By Americans For Refusing To Label San Bernardino Killings Terrorism). When the wave of bad publicity hit him, he finally admitted it.

Meanwhile, reports keep surfacing that Obama continues to use federal agencies like the IRS to financially abuse and attack conservatives and Christians in America. Take a look at Obama's interviews and press clippings over the past year. The majority of his comments are devoted to attacking conservatives, who bear in mind, are Americans. It simply doesn't look right.

STORY SOURCE

A recession worse than 2008 is coming

January 15, 2016 - The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the dot-com bubble bursting. They claim the current turmoil in China is not even comparable to the 1997 Asian debt crisis.

Indeed, the unscrupulous individuals that dominate financial institutions and governments seldom predict a down-tick on Wall Street, so don't expect them to warn of the impending global recession and market mayhem. But a recession has occurred in the U.S. about every five years, on average, since the end of WWII; and it has been seven years since the last one — we are overdue.

Most importantly, the average market drop during the peak to trough of the last 6 recessions has been 37 percent. That would take the S&P 500 down to 1,300; if this next recession were to be just of the average variety. But this one will be worse...

 

http://www.cnbc.com

The uninvited guest: Chinese sub pops up in middle of U.S. Navy exercise, leaving military chiefs red-faced

Last updated at 00:13 10 November 2007 - When the U.S. Navy deploys a battle fleet on exercises, it takes the security of its aircraft carriers very seriously indeed. At least a dozen warships provide a physical guard while the technical wizardry of the world's only military superpower offers an invisible shield to detect and deter any intruders.

That is the theory. Or, rather, was the theory. American military chiefs have been left dumbstruck by an undetected Chinese submarine popping up at the heart of a recent Pacific exercise and close to the vast U.S.S. Kitty Hawk - a 1,000ft supercarrier with 4,500 personnel on board. By the time it surfaced the 160ft Song Class diesel-electric attack submarine is understood to have sailed within viable range for launching torpedoes or missiles at the carrier.

According to senior Nato officials the incident caused consternation in the U.S. Navy.  The Americans had no idea China's fast-growing submarine fleet had reached such a level of sophistication, or that it posed such a threat. One Nato figure said the effect was "as big a shock as the Russians launching Sputnik" - a reference to the Soviet Union's first orbiting satellite in 1957 which marked the start of the space age. The incident, which took place in the ocean between southern Japan and Taiwan, is a major embarrassment for the Pentagon...

 

http://www.dailymail.co.uk

Wal-Mart to shutter 269 stores, 154 of them in the US

Jan 15, 6:00 PM EST - NEW YORK (AP) -- Wal-Mart is doing some rare pruning. The world's largest retailer is closing 269 stores, including 154 in the U.S. that includes all of its locations under its smallest-format concept store called Wal-Mart Express. The other big chunk is in its challenging Brazilian market.

The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue. Wal-Mart Stores Inc. said the store closures will affect 16,000 workers, 10,000 of them in the U.S. Its global workforce is 2.2 million, 1.4 million in the U.S. alone. The store closures will start at the end of the month...

 

http://hosted.ap.org

Market crash robs $2.3 trillion from investors

7:22 p.m. EST January 15, 2016 - The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year. The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which, when translated into dollars, is real money. Real big money. The S&P 500 is down 8% this year already — including another 2.2% Friday — in what's been the worst start to a year ever. Since the market peak on May 21, 2015, the market has declined 11.7%.

The biggest wealth destroyers in the S&P 500 from the high have been gadget maker Apple (AAPL), pipeline company Kinder Morgan (KMI) and corporate software company Oracle (ORCL) — crushing $218 billion, $63.5 billion and $49.8 billion in market value, respectively, from the May 21, 2015, top.

 

http://www.usatoday.com

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U.S. Economy Hits Another Wall As Unemployment Is Higher Than Expected

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Artificial Growth

U.S. Foreclosures Spike Again Indicating Trouble In The Financial Sector

U.S. President Barack Obama

As much as the Obama administration is touting its allegedly robust and growing economy, the numbers are stating something quite different. Manufacturing is down and the economy did not grow at the rate Wall Street predicted.  Millions of Americans are still unemployed, with many dropped from the official national unemployment count to give the appearance of better economic numbers.

Today it has been reported by mainstream news agency Reuters that U.S. bank foreclosures and repossessions have spiked to a 19-month high. During the month of May, 126,868 homes were reported as being in foreclosure, with the number rising. Most of these homes represents households with multiple individuals of all ages, which means millions of people are being negatively impacted by it. This indicates another emerging crisis the government needs to address. If things were as great with the economy as the administration states, foreclosures would not be spiking.

STORY SOURCE

U.S. foreclosure activity up in May as bank repossessions rise.

Markets | Thu Jun 18, 2015 12:06am EDT - Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday. A total of 126,868 homes across the country were at some point in the foreclosure process in May, up 1 percent from April and up 16 percent from the same time last year, RealtyTrac said. Foreclosure activity includes foreclosure notices, scheduled auctions and bank repossessions.

Lenders reclaimed a total of 44,892 homes in May, down 1 percent from April but up 58 percent from a year ago. May was the third straight month of annual increases in bank repossessions, which remained far below the peak in September 2013 when lenders reclaimed 102,134 properties. Foreclosure starts were down 1 percent in May, but rose 4 percent from the same period last year, RealtyTrac said. Lenders started the foreclosure process on 51,414 properties last month...

http://www.reuters.com

When A President Costs Businesses Money Should They Be Required To Financially Compensate The Companies And Taxpayers (Keystone Pipeline)

Barack Obama

Recently, U.S. President Barack Obama, vetoed the lucrative Keystone Pipeline that would have created thousands of jobs in America and brought in billions of dollars in profit for nation. Obama rejected the pipeline for alleged environmental reasons, yet is hypocritically engaging in acts of war abroad that is damaging the environment in those regions, creating a domino effect that spreads worldwide. Bombings via drone and missile strikes disrupt and aggravate tectonic plates, negatively impacting fault lines that run beneath the earth all over the world, including America (see: California).

Many American and Canadian companies were depending on the profits that would stem from the Keystone Pipeline to give a boost to each economy. However, tree hugger Obama destroyed those financial plans. When a president engages in conduct that costs people billions of dollars, should the head of state be required to make financial restitution for said behavior. Oddly enough, Obama doesn’t have billions of dollars, but is damaging other people’s businesses worth a fortune. As the phrase goes, “There ought to be a law.”

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Obama Vetoes Keystone Pipeline Costing America Billions Of Dollars And Thousands Of Jobs

Hillary Clinton States She Does Not Know Why Small Business Has Stalled Under Obama For The Past Two Years (Video)

 

Unlikely presidential hopeful Hillary Clinton has taken shots at incumbent, U.S. President Barack Obama, over his dismal record regarding the economy. Clinton stated, “I want to be sure that we get small business starting and growing in America again. We have stalled out. I was very surprised to see that when I began to dig into it, because people were telling me this as I travel around the country the last two years, but I did not know what they were saying. And it turns out that we a re not producing as many small businesses as we used to. A recent world study said that we are 46th in the world in the difficulty to start a small business or there are lots of issues.”

Obama inherited a very damaged economy courtesy of former president, George W. Bush, but a sustainable turnaround should have occurred already. Wild, unruly spending by the Obama administration created more debt, insufficient job creation and dismal profits. It was also revealed the Obama administration released manipulated economic numbers in an attempt to make it appear the economy was doing better than it really was, which was later exposed. Millions of people who stopped seeking employment, as they were unable to find jobs, were dropped off government rolls in official reports. As a result, they were not counted in the yearly economic tally to artificially boost numbers that were fake.

Obama's spend money to make money philosophy is one used by Hollywood, an industry that uses creative accounting to illegally inflate profits. A severely damaged economy does not benefit from excessive spending, as opposed to properly structured budget cuts.

Barack Obama

The Obama administration has an agenda that is not straightforward or conducive to financial success. Much of it is based on the president’s idiosyncrasies, whims, personal beliefs and private agenda. You can’t do business in that manner nor can you dictate the course of an economy in this way and expect it to be successful.

Years ago in the Judiciary Report discussed this very subject in the articles "The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail" and "The NSA Gets President Obama Into International Trouble" and "U.S. Economy Hits Another Wall As Unemployment Is Higher Than Expected" and "Government Gullibility" and "Artificial Growth" and "The Corporate Sector Destroyed The Middle Class" and "This Is Not Wall Street."

The site's words have proven true once again. The Obama Administration continues to ignore small and midsize business at the expense of the economy (during the Clinton administration there were many grants and incentives for small business). There are no grants or real financial incentives to encourage and help small businesses in America. No improvement has been made in this area under the Obama administration. The American middle class, that was made affluent by small business, has greatly diminished in numbers, due to these economic imbalances the Obama administration has failed to correct.

STORY SOURCE

Hillary: ‘Surprised’ Small Business ‘Stalled Out’ in Last 2 Years Under Obama

Apr 20 - Monday at a roundtable discussion at Whitney Brothers furniture company in Keene, NH, former Secretary of State Hillary Clinton said she was “surprised” to find out all the complaints she had been hearing for the “last two years” that it has become incredibly difficult to start and keep a small business under the Obama administration “turn out” to be true...

 

http://www.breitbart.com

Mariah Carey Sued By Nanny Of Her Children For Being Unbearable, Cheap And Jealous

Well, Somebody Doesn't Think Mariah Carey Is A "Vision Of Love"

 

Nick Cannon regarding Mariah Carey: y'all know she's crazy, right!   

Can you imagine being a nanny for Mariah Carey, who is notorious in the music industry for being very difficult and unreasonable (see: Mariah Carey Planning Las Vegas Residency But Will Her Voice Hold Up). Carey bragged that she goes through so many nannies, which should have tipped the public off she is putting these women through an ordeal in caring for her cute little twins. Well, one nanny isn't going to take it anymore. 

Mariah Carey, Nick Cannon and "them babies"

This week is was announced, nanny Simonette DaCosta, sued Carey and estranged husband Nick Cannon, for wrongful termination, stating the children had grown to love her, which upset the singer, who became jealous. DaCosta also stated Carey failed to pay her overtime, despite working her like a dog, calling the nanny at all hours of the day to perform tasks. DaCosta is requesting overtime and damages in the lawsuit, seeking an undisclosed sum. Let's just hope that the adorable kids will be okay, as they've seen and heard too much from two parents at odds with each other.

U.S. Stock Market Plunges 450 Points

U.S. Stock Market

U.S. stocks dropped 450 points today, sending shock waves through Wall Street. It was the worst decline in three years, with many scrambling to save their investments. By the end of trading today, the DOW regained 262 points, after a big rally to boost stocks.

The U.S. economy is still struggling under the weight of unemployment, foreclosures and rising cost of living expenses, hitting people's pocketbooks. The Ebola cases surfacing in America has also impacted the stock market in a negative way. 

Arson Based Murder Suicide At Tennis Star James Blake’s Florida Mansion Highlights The Strains Financial Trouble Places On People

James Blake's Florida mansion set on fire during murder suicide by renters.

A suspicious, deliberately set fire that occurred at the Avila subdivision home of tennis star James Blake is being investigated as a murder suicide. Avila is located in Tampa, Florida. Blake, a former world number 4 tennis player, who retired last year, rented his $1,500,000 home to a family of four, who were found dead in the blaze. Blake was not in Florida at the time of the fire, which broke out at 6:00AM on Wednesday, May 7. 2014. Neighbors called 911 when the 6,000 square foot home Blake rented to Darrin Campbell, his wife and teenage daughter and son, went up in flames. 

James Blake house

Fireworks were strapped to the family members heads, each body had a gunshot wound and two of the victims’ body’s bore the signs of trauma. A gun was recovered from the crime scene. It was also reported Darrin Campbell was seen purchasing fireworks and gasoline cans, which were clearly used as an accelerant in the fire. Sometimes people become so depressed they commit murder suicide thinking they and their families will be reunited in the next life under better circumstances. It’s dangerous and deceptive view. Do not embrace this mindset. 

James Blake

Darrin Campbell was an executive, who like many others in America, was out of work for many months. It is always sad and regrettable when people become overwhelmed and view temporary setbacks and permanent. Financial woes have put a tremendous strain on many families, but the key is to remember you can recover. Do not adopt the fatalist view that your life is over and suicide is the answer. 

Teen siblings Collin and Megan Campbell

If you lose your job, apply for unemployment, while seeking other work. If you have to downsize to keep your family together or yourself afloat financially, do so. It’s not that bad. You’ll get used to it and can progress again. If things are financially bad, there’s no shame in filing bankruptcy. It is designed for people who are in need of financial relief. There’s no shame in filing bankruptcy and its your business. 

There are also homeless prevention programs in America which vary from state to state that give grant money to help those in financial distress, from issues such as foreclosure, obtain a deposit for an apartment and the first month's rent. It’s better than killing yourself or letting your financial woes consume you to the point you become physically ill (stroke, heart attack ect). Anyone who would judge you or cast aspersions on you over your financial situation is not a friend. 

Darrin Campbell

Never believe it’s over for you. Hold on and keep trying. You will find another job and new opportunities. You can work and rebuild what you deem you have lost. It’s also useful to learn new skills, no matter your age and try to create opportunities for yourself and your family.

Lawsuit Against Beyonce For $106,700,000 Given Judicial Clearance To Proceed Then Settled

Update: Beyonce settled the lawsuit.

 

This fan isn't the only thing trying to take my lacefront. These people are suing me for everything down to my weave.

Singer Beyonce is in legal trouble in civil court, due to a video game deal she backed out of, leaving a company stranded and destroyed. It is being reported, a judge in New York City, Justice Charles Ramos, has given the go ahead to a $106,700,000 lawsuit against the frequently sued copyright infringing singer, brought by video game company Gate Five.

The company alleges in legal documents that they had a deal with Beyonce to make a video game entitled "Starpower: Beyonce." However, as a negotiation tactic, Beyonce demanded more money "at a crucial moment in the project's development" or she would not do the video game, which caused financial backers to pull out of the deal.

As a result, Gate Five had to lay off 70 employees, placing them in the unemployment line over negotiations gone sour. Justice Ramos was not amused with this aspect of the case and stated, "You continue to negotiate right up until the time you pull the plug. That is not going to work with me."

It sounds like they have a legitimate grievance with her. It would have been cheaper and smarter had Beyonce utilized conscience in the amount she later requested and actually done the video game on the initially agreed upon terms, as a jury can levy a massive financial judgment against her over this case, which could financially wipe her out.

It is also very bad PR that 70 people lost their jobs because of Beyonce's negotiation tactics in holding out for more money, outside of what was previously agreed upon. That will not sit well with a jury or the public. Once again, it would have been better had she just done the video game under the original terms, but the damage is done.

Not to mention, due to Beyonce's legal standing, a copyright infringement lawsuit would have emanated from the video game, which could be apart of the reason she backed out. Beyonce has been repeatedly sued by many around the country over copyright infringement, RICO racketeering violations, fraud and theft. What a costly mess.

STORY SOURCE

Starpower: Beyonce game lawsuit to go to court, rules judge

May 11, 2012 | By Mike Rose - A Manhattan judge has ruled that a lawsuit filed against pop star Beyonce Knowles last year by game developer Gate Five can go to court, given that Knowles did not give the company enough notice before backing out of a deal.

Gate Five formed a $20 million joint venture with Knowles' Beyonce Inc. in 2010 to develop a game titled Starpower: Beyonce. However, the developer alleges Knowles demanded more favorable compensation terms "at a crucial moment in the project's development," driving away the game's financing before pulling out of the project in breach of the original agreement.

Justice Charles Ramos has now told Knowles that she should not have so abruptly pulled out of the deal, reports the New York Post. "You continue to negotiate right up until the time you pull the plug. That is not going to work with me," he said.

Gate Five was forced to lay off 70 employees as a result of Knowles pulling out of the deal, alleges the company. The company is now seeking to recover $6.7 million in direct investment in the project, as well as over $100 million in potential profits from the title.

Knowles' lawyers say that the singer was well within her rights to pull out of the deal due to the fact that Gate Five allegedly didn't have financing in place for the title.

http://www.gamasutra.com

President Obama Slams Kim Kardashian And Kanye West

 

Uncle Sam...doesn't want Kim and Kanye

President Obama's temper is growing short with his Hollywood Illuminati buddies. First he slammed rapper Jay-Z, over controversially going to Cuba, trying to pin the blame for the scandal it created on him, then making it doubly worse by releasing a disrespectful song called "Open Letter" mentioning the head of state's name in the same sentence with the word "impeached."

Now he's slammed Illuminati members Kanye West and Kim Kardashian as superficial and bad role models for America's youth. President Obama stated, "The American Dream involved some pretty basic stuff: a good job where you felt some security, a good education. ... People felt if they worked hard, they could get there. ... I don't think people went around saying to themselves, 'I need to have a 10,000-square-foot house' ...I think there has also been a shift in culture. We weren't exposed to the things we didn't have in the same way that kids these days are. There was not that window into the lifestyles of the rich and famous. Kids weren't monitoring every day what Kim Kardashian was wearing or where Kanye West was going on vacation and thinking that somehow that was the mark of success."

Neither are examples of success. Kanye West has been sued by so many people, famous, relatively known and unknown, for copyright infringement, over willfully stealing their preexisting copyrighted music he passed off as his own and collected big checks for. His career is based on theft. Copyright infringement is a domestic and international crime.

Kanye West and Kim Kardashian give kids nothing meaningful to aspire to in society 

Kim Kardashian has no talent and became famous off the back of a sex tape. Kids and adults for that matter, should not aspire to be like them. Be the next lawyer, doctor, judge, tech giant, inventor. If you are going into entertainment, learn your craft, develop your talent and don't steal from others, as it always catches up to people and when they least expect it.

The government has not done enough to bring about a sense of equity and fairness in society. The mortgage crisis cost millions their homes mostly due to predatory lending and none of the executives responsible for the crisis have done a day in jail, though they broke the law. many of them retired rich. The bad guys won.

Companies based in fraud ripping off the public and smaller companies, made a fortune in doing so and were allowed to keep the proceeds without spending a day in prison. Meanwhile, due to the aforementioned fraud eroding the job market, kids are graduating from top notch schools and can't find employment.

What example is that to set for impressionable people. The message this has sent is hard work is no longer being rewarded and just because you work hard, don't expect to make it or succeed. The order has been reversed and it caused the financial crisis of 2008 that is still wreaking havoc today. Only cream should rise to the top...not the crap.

The City Of Detroit Files For Bankruptcy (Video)

The economic downturn in America has claimed another victim – the City of Detroit. It has just been announced, the City of Detroit has filed, "The largest municipal bankruptcy case in U.S. history." The once prosperous city, famous for its cars, booming auto industry and Motown, has seen hard times since the financial crisis in 2008, leading to job losses and widespread urban decay. Detroit needs an intervention from Washington to save it.

Obama And Congress Fighting Over Budget Cuts

Head of the Republican party, John Boehner and President Barack Obama

U.S. President Barack Obama and his fellow Democrats in Congress have been sparing with the Republican party on the issue of spending cuts, set to take place on March 1, 2013 if an adequate deal is not reached. President Obama and his party are against the spending cuts.

While the Republican party are in favor of it, due to the state of the economy. The newest U.S. economic report reveals jobs losses once again. Americans are also spending less, as people simply do not have the cash to spare. Budget cuts demanded by the Republicans would be helpful. So would the tax increases sought by the Democrats. Things are very uneven in Congress with no workable compromise in sight. Congress can do better than this.

New Financial Numbers Reveal The U.S. Economy Is Stagnating Again

President Barack Obama has not had a touchdown with the economy

Newly released economic data reveals the U.S. economy is stagnating again. Everything is up, but not in a good way, as unemployment, gas prices and national debt continues to climb. The efforts of the Obama Administration to tame the ongoing financial crisis via increased spending and more debt once again, has failed to produce fruitful results. Austerity is the way out of the crisis, but it is an option that is not and has not been on the table. 

Mixed News On U.S. Economy Indicates Financial Trouble

President Barack Obama

The U.S. unemployment rate went up to 7.9 percent in January 2013. After Christmas, seasonal hiring ended, attributing to the fall off in employment. 12,000,000 Americans are currently unemployed. Gas prices have gone up again, another burden on motorists in tough financial times. What's odd is the stock market keeps rising, to heights greater than it enjoyed during America's most prosperous times under former President Bill Clinton. Something is off there.

American Employers Set To Lay Off Hundreds Of Thousands Due To Obama Reelection

Barack Obama

Based on reports in the news, employers across America are set to lay off hundreds of thousands of workers due to President Barack Obama being reelected, their lack of faith in his financial policies and Obamacare, the costly juggernaut of a health care program, sending up Medicaid costs. 

Numerous reports keep coming out about employers making this determination, which is going to negatively impact the economy. However, some feel they will not be able to afford keeping all their workers on staff, in the face of four more years of what transpired during the President's first term. 

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Mitt Romney Laments The Latest Jobs Report As A 'Sad Reminder' Of The Poor State Of The U.S. Economy

Paul Ryan and Mitt Romney

Presidential candidate and current Gallup and Rasmussen poll frontrunner for the 2012 U.S. election, Mitt Romney, lamented the poor state of the economy under President Barack Obama, commenting it is not going anywhere under the current Commander-in-Chief's watch.

Barack Obama

Romney stated, "Increase in the unemployment rate is a sad reminder that the economy is at a virtual standstill. The jobless rate is higher than it was when President Obama took office, and there are still 23 million Americans struggling for work. On Tuesday, America will make a choice between stagnation and prosperity." Regarding tomorrow's highly anticipated presidential election, Romney promised if elected President of the United States he would give America a "real recovery."

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Barack Obama

Political analysts and a number of polls have indicated, U.S. President Barack Obama has lost the youth vote going into the November 2012 election. The youth demographic can make a big difference in any election, depending on turn out to the polls. Motivation is a key factor in the impact the public will see.

 

Mitt Romney

However, reports indicate many young voters are very disappointed in President Obama, due to the under performance of the economy during his tenure, which has led to them being out of work. Reports also reveal, young voters believe presidential candidate Mitt Romney could create jobs to help them during the financial crisis, due to his many years as a successful businessman and governor. 

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Barack Obama And Mitt Romney Run On Their Records But In The Second Debate Who Came Out On Top

Barack Obama and Mitt Romney

The second 2012 U.S. presidential debate was more acrimonious than the first. President Barack Obama was heavily criticized for his poor performance at the first debate, which many stated his rival Mitt Romney won. To compensate for that, Obama became aggressive during the second debate, in a manner that at times came across as rude.

Obama kept attacking Mitt Romney's wealth from his many years as a businessman, when the president himself is a millionaire several times over and could make over $100,000,000 after his presidency expired, as Bill Clinton did. Why condemn success. What kind of message is that to send to the public - aspire to work hard and have nothing to show for it? 

Obama also slammed Romney for his investments in China. However, Romney reminded Obama that items in his pension are derived from Chinese investments as well. Obama was more inclined to dispute, not disprove, Romney's claims, which was an improvement over standing there and being steamrolled by his poor track record in office, but it was not enough to counter the facts and figures presented against the president by his opponent.

From the time Obama assumed office, the Judiciary Report warned of the important role the economy would play in making or breaking his presidency and offered positive suggestions on how to accomplish a proper recovery with true job growth. Obama did not do what was suggested and America has been paying for that. 

During last night's debate, Obama stated he is not interested in creating average paying jobs, but the high paying posts. This once again highlights the massive error why he has failed to fix the severely damaged U.S. economy. The way America is structured, everyone will not have a high paying job. Society needs people of all backgrounds working at various pay rates. 

America cannot afford to give every person a high paying job. However, many can put food on the table and pay their bills with average paying jobs, until they can get something better, through pay raises or higher education. There is no time in U.S. history that everyone in America had a high paying job. 

Obama wasted a fortune in taxpayer stimulus money trying to archive this unlikely goal, where $200,000 was spent to create each job, when one could employ over a dozen people with that figure. Remember, the more people working, the better. To have a few receiving high paying jobs thanks to the stimulus, while many who could be employed are not, is elitism.  

For Obama to run on his track record of high unemployment, foreclosures, business closures, gas prices and soaring deficits, is a terrible reference and voters will have to decide if they want four more years of said horrible results. Romney, like America's most successful financial president, Bill Clinton is running on his track record as a former governor of a U.S. state, where he was able to balance the budget and create jobs. 

Romney has the better track record and once again displayed a greater understanding of business and economics, America's most pressing concern according to polls, than President Obama. Therefore, one is either voting for or against the economy on November 6, 2012, dependent on one's choice for president. 

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Mitt Romney Outlines His Plan To Create 12,000,000 Jobs In America

 

Businessman and presidential candidate, Mitt Romney, has released a video and micro-site outlining his plan to create 12,000,000 jobs for America, in what is an ambitious endeavor. However, Romney is asking for your vote to accomplish this goal. America is in need of jobs and a full economic recovery. Romney's pitch pits his job plan against that of President Obama, who has been struggling under the weight of the economic turmoil besetting America. You can compare Romney's plan and Obama's by clicking here. 

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The Judiciary Report Did Predict The Unemployment Numbers Would Mysteriously Drop

Mitt Romney and Barack Obama (Photo Credit: AP)

In the September 28, 2012 article GOP In An Uproar Over Polling Houses Querying More Democrats Than Republicans Creating A Bias For Barack Obama the Judiciary Report stated of the U.S. economy under President Barack Obama, "There's no way to pretty it up, unless one releases fake economic data, as former President George W. Bush did, only for his successor to find out the hard way when he attained office that things have been quite bleak, but it was hidden from the public."

One week later that's exactly what happened as the unemployment rate under Obama mysteriously dropped and posted a 29-year record for hiring that is not supported by any verifiable data. Economists are baffled at the report from the Obama Administration,  stating the numbers are not statistically plausible nor do they compute. The nation is still deeply submersed in the financial crisis, yet the Obama Administration is again posting fictional numbers, telling everyone everything is okay, when people can see and feel in their wallets that it is not.

The site knew it was coming and the administration is not helping America with such conduct. Obama pulled a Bush, in trying to cover-up the damage. Bush did it in a failed bid to have a good legacy upon leaving office. Obama did it in a bid to stay in office longer.

However, as the Judiciary Report stated when Bush was in office and launched cover-ups regarding his misconduct and missteps in the area of the economy, doing such a thing only serves to hurt the nation, as there will be a false sense of security, via artificial results, while the people continue to suffer. America needs real solutions. The nation needs real action. Not fraud and fakery while the problems runs along a dangerous and ever worsening course.

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