After Years Of Reckless Lavish Spending By Robert Mugabe And Wife Grace Mugabe Zimbabwe Is Running Out Of Money While The Poor Go Hungry

 

Robert Mugabe and Grace Mugabe

In past Judiciary Report articles, such as on January 20, 2011 "Zimbabwe's First Lady Spending Money Like It's Water", the site denounced and warned against the lavish spending of Zimbabwe President, Robert Mugabe and his wife, Grace Mugabe. Using their nation's oil and gold riches, the couple took six figure shopping trips, bought luxury vehicles and built lavish mansions, which featured expensive furnishings and amenities, such as gold toilets and crystal chandeliers. 

This is one of my pet peeves, world leaders using state money to live in absolute luxury, while the people of their nations starve and go homeless. It is not right that a man is peeing in a gold toilet, while the poor in his nation "don't have a pot to p*ss in" as the phrase goes.

A new report issued a week ago indicates Zimbabwe is running out of money. One is not surprised. The Mugabes have misappropriated a few hundred million dollars that could have gone to feeding, clothing and housing the poor, as well as educating the country. Low income housing and newer hospitals could have been built as well. Low interest rate loans could have been issued to Zimbabweans to start small businesses to pull their families out of poverty. 

 

The lavish dining room in one of the $26,000,000 palaces Grace Mugabe built with the people of Zimbabwe's money, despite the fact there are high poverty levels in the country. There should be a law against such financial misappropriation of government funds. So many poor people could be fed, clothed and housed selling the Mugabe mansions bought with state funds. 

Over a decade ago, I saw a fascinating documentary on micro-loans issued to low income people in developing nations to start small businesses. It worked and they paid the loan money back. Some people who received micro-loans started small businesses that specialized in things such as selling and fixing bikes (in third world nations that heavily depend on biking as a mode of transportation). Some made clothes and other textiles by hand and sold them to the public. Some invested the loan money into agriculture, buying seeds to plant crops and raised chickens. 

A few months ago, I read an interesting article about Bill Gates, who has been working through his foundation to help poor people in places such as Africa. Gates stated if he was poor, he would buy a chicken, as they lay eggs that in turn produce more chickens and eggs that can be sold. Good turn over and a great idea for people in impoverished regions of the world.

Low cost housing with solar panels and water tanks (to catch rain water), communal wells, small vegetable patches in backyards, as well as chicken coops to raise chickens, could go a long way to helping poor people around the world. It is possible, but some nations' leaders, such as Mugabe, misappropriate money that could be used for such endeavors.

World leaders, especially in third world nations, which usually have a higher poverty rate, need to help the poor. There are small things that can be done to set them on the path to financial stability. Global healthcare also needs to improve. We need a stronger universal standard of care in the world, especially the third world, to address the problems facing the poor. Everybody deserves good health care.

 

STORY SOURCE

As Zimbabwe's money runs out, so does Mugabe's power

Fri Nov 25, 2016 | 10:04am EST - In Zimbabwe, where worthless $100 trillion notes serve as reminders of the perils of hyperinflation, President Robert Mugabe is printing a new currency that jeopardizes not just the economy but his own long grip on power. Six months ago, the 92-year-old announced plans to address chronic cash shortages by supplementing the dwindling U.S. dollars in circulation over the past seven years with 'bond notes', a quasi-currency expected at the end of November. 

According to the Reserve Bank of Zimbabwe (RBZ), the bond notes will be officially interchangeable 1:1 with the U.S. dollar and should ease the cash crunch. The central bank also promised to keep a tight lid on issuance. After a 2008 multi-billion percent inflationary meltdown caused by rampant money-printing, many Zimbabweans are skeptical. The plan has already caused a run on the banks as Zimbabweans empty their accounts of hard currency. Internal intelligence briefings seen by Reuters raise the possibility that the bond notes, if they crash, could spell the end of Mugabe's 36 years in charge... 

A Sept. 29 Central Intelligence Organisation (CIO) report revealed the powerful army was as unhappy as the rest of the population with the new notes and had told Africa's oldest leader to "wake up and smell the coffee". "Top security officers have told Mugabe not to blame them if Rome starts to burn," the report said...

http://www.reuters.com

RELATED ARTICLES

Tunisia To Extradite Former First Lady That Stole $50,000,000 In Gold

Zimbabwe's First Lady Spending Money Like It's Water

Robert Mugabe Buys $5.6 Million House

The European Union Must Address Immigration Imbalances Threatening Select Member Nations Economic Future And Stability

 

European Parliament in Brussels, Belgium

 

The European Union is going through a transition period, as Britain recently voted to leave the EU. Without Britain's vast contribution of 350 million British pounds per month (19 billion British pounds per year) and other benefits, which could go in the next two years if the British government completes the process, the European Union will be working with significantly less money and resources. Hence the immense anger last week from select politicians in the European Union. However, it is better to be civil, as the British people have spoken and this is their democratic vote. Britain has been a great partner in the European Union and trade can continue that is beneficial to both parties.

The European Union must not be inflexible, which is what drove millions of British voters away. Concerns were not be heard regarding massive migration from other parts of the European Union and the strain and constraints it has placed on Britain. The United Kingdom’s massive population boom courtesy of immigration overwhelmed the system. Uneven levels of immigration became a massive problem, which sparked the success of the leave vote. As a recommendation to avoid any nation in the European Union buckling or outright collapsing due to this issue, the freedom of movement law needs to be revisited and revised.

The majority of the European Union traffic poured into Britain, namely London, England and overwhelmed their systems. Transportation, schools, hospitals and benefits offices became overwhelmed by the influx of millions of new permanent residents, many of whom are now receiving generous financial benefits and housing, as they came to Britain below the poverty line. Sensing the problem that was brewing, in 2009 the Judiciary Report published the article "Britain's Benefits" and a follow up entitled "Britain's Benefits Part 2" to recommend the benefits system be revised.  

 

London, England (UK)

 

In America immigrants must wait for years before obtaining benefits and still have to meet certain stringent criteria (one must be sick or disabled). Food stamps and modest cash assistance is only granted to healthy people who are well below the poverty line and with children. The majority of these changes were implemented under former U.S. President, Bill Clinton, to ensure people coming to America seek to work, not indefinitely live on benefits.

Last year, the British government attempted to negotiate a rule that would require immigrants live in Britain for 4-years before receiving benefits. This would ensure those coming to Britain intend to work and pay their way, rather than take financial and housing benefits from the state indefinitely. However, negotiations on the matter fell through.

If Britain proceeds with invoking Article 50 of the Lisbon treaty to depart the European Union, a process that will take an estimated 2-years, Britain is going to get another massive influx as a last ditch attempt to enter the country from the EU. Then, upon Britain's completion of the process of leaving the European Union, immigration traffic will largely switch to Germany and France, two other sizeable economies in the EU. Germany and France are wealthy nations. Immigrants tend to migrate to nations that are the most economically prosperous and popular.

Paris, France 

 

To further illustrate the fact the Judiciary Report was correct in its aforementioned 2009 articles on benefits, in April of 2016, the German government began proposing and pushing for new rules regarding limiting immigrants access to receiving benefits upon landing in their nation (see external article excerpt below under STORY SOURCE for further information). It is not that one is being xenophobic. It's simple mathematics. The average nation cannot afford to give millions of immigrants financial and housing benefits indefinitely (many can't give said financial assistance on a short term basis either). It could bankrupt any country.

To compound issues for Germany, it is estimated they took in nearly 1,000,000 migrants last year from places like Syria. No disrespect to Syria, but once again, how will Germany pay for housing, feeding and clothing a record number of migrants and find said non-German speaking masses steady employment (it is easier to find employment in a nation if you speak the national language).
Which brings me back to my point, the immigration levels in the European Union are untenable. It needs to be evenly distributed among the 28 member nations, meaning each country has a quota of how many immigrants it will take per year. One or two nations can't take the bulk of the traffic. That's lopsided and the proverbial boat that is the EU will sink.

Berlin, Germany

For years millions in Europe poured out into Britain, namely London, England, a glamorous and wealth westernized city (and who can blame them, it's a great place to live). However, the European Union must be practical. No nation in this world can reasonably take that type of influx, year after year, many of whom are people who required financial and housing benefits, without damaging their economic structure. France and Germany are now in for the same influx Britain sustained from the EU and it is going to wreak economic havoc on them.

I love and respect France and Germany and don't want them to buckle under the financial pressure. I don't want the EU to collapse at all, but it is in a financially precarious place. Spain, a beautiful country, is having problems with a massive number of foreclosures, creating economic difficulties and stagnation. Greece, another beautiful country, is experiencing significant financial trouble and is seeking billions of dollars in bailout money.

The European Union must reform. Some of the rules need to change to strengthen the entire EU. You can't have key players in the European Union taking a financial walloping, as they are the back bone of the enterprise. If the key pillars crumble, the entire financial structure of the European Union will give way and collapse. Immigration must be handled in a more orderly fashion with even distribution. Proper budgetary constraints must be placed on nations in danger of collapsing, also accompanied by a regular assessment plan issued and implemented on how to get them out of said financial hole.

 

STORY SOURCE 

 

EU migration to Germany 'hits record high'

 
July 2, 2016 - Germany has proposed new legislation to limit EU migrants' access to welfare payments. Immigration to Germany from other European Union countries hit a new record of over 685,000 people last year, led by Romanians, Poles and Bulgarians, Die Welt daily said Saturday, citing official figures.

A total of 685,485 EU citizens arrived in Germany in 2015 while 303,036 left for a net increase of 382,449, the paper reported, saying it had access to data from the Federal Office for Migration and Refugees (BAMF). Germany's economic success and relatively low unemployment has drawn people from the EU's poorer members in search of work and better lives.

Romanians topped the list of new arrivals in Germany last year with nearly 175,000, followed by Poles with almost 150,000 and Bulgarians with just over 70,000, Die Welt said.

Promises to limit immigration from other EU states played a key role in the campaign for Britain's membership referendum, which delivered a shock victory last week for the "leave" camp. In April, Germany tabled a proposed law to drastically limit EU migrants' access to welfare payments. Die Welt said a total of 4.1 million EU citizens currently live in Germany.
 

Berlin, Germany 

 

https://www.yahoo.com

 

RELATED ARTICLES 

 

200,000 New Homes Being Built In London In Response To Population Boom Needs To Go To Britons Who Really Need It 

 

British And American Journalists Call President Obama A ‘Hypocrite’ For Meddling In Brexit 

 

British Government Addressing Affordable Housing Requests In London 

 

The UK Leaders Debate 2015 And Britain’s Future 

 

Britain's Benefits Part 2 

 

Britain's Benefits

Presidential Poll: Americans Believe Donald Trump Would Handle The Economy Better Than Hillary Clinton

Donald Trump

 

A newly conducted CNN poll reveals Americans are of the belief, Donald Trump, would handle the U.S. economy better than rival, Hillary Clinton. 51% of Americans believe Trump would do a better job with the economy, as opposed to 43% who favored Clinton. Trump and Clinton are currently squaring off in the 2016 presidential election and vying for votes in a contest that is the most contentious to date.

Clinton’s campaign is largely being funded by the Saudi Arabian royal family and other foreign donors. She is using the contacts of husband and former President, Bill Clinton, to raise money. Clinton currently has $48,000,000 in donations. Trump, on the other hand, has received far less donations, totaling $1.5 million dollars. This is ironic, as he had the most votes in the primaries. For Trump to gain more donations, he would have to seek out business associates and request his many voters give to his campaign. Trump has stated he will self-fund and he can afford it. $48,000,000 is chump change to him.

While it is true Trump has far more business experience than Clinton, she is painting him as someone who would bankrupt America. The fact of the matter is both Clinton and Trump have been the subject of big financial scandals. The difference is Trump knows how to use the business system to make money, while protecting his own wealth and assets, even if investors and banks get burned in the process (he has filed for business bankruptcy 3 times). He’s as rich as ever. Trump owns many valuable properties.

In contrast, Clinton is constantly slipped crooked money from all over the place in shady financial dealings she conducts offshore, in exchange for favors using her U.S. government contacts (also known as bribe money). Clinton has bank accounts all over the place in the international community containing questionably acquired funds. The Colombian government recently called Clinton’s conduct into question, forcing her to shutdown a secret company she created in their nation, to quietly solicit money from all over the world, like it was a hedge fund. However, it was no such thing.

Clinton is not a moneymaker, per say. As president she would not know how to make money for America. She is used to being given money for things she will not honestly talk about in a public interview, for fear of being hit with criminal charges. Trump knows the banking system and financial world in general. However, if he became president the problem is he could bend to the will of the rich in America and let them stick it to and rip off the poor and middle class, as former President George W. Bush did when he was in office.

Hillary Clinton

 

As stated in past columns, the $1 trillion President George W. Bush spent on wars was devastating to the American economy. However, the record spending current President Barack Obama has done, has firmly set America on the path to bankruptcy within the next few years. The laws Obama had pushed through Congress is also doing its share of the damage in leading America towards bankruptcy.

Bank Of America recently released a statement revealing the cash levels in America are consistent with a recession. This concurs with claims made by other financial institutions and organizations, insisting the U.S. economy is still in bad shape. The financial crisis from 2008 is still raging on. However, select press outlets have exposed the fact accurate numbers are not being released by the government to cover up the toxic data (The Washington Post Accuses Congress Of Covering Up The True State Of The U.S. Economy). It is the same tactic President Bush used to cover his backside after greatly damaging the economy.

You can’t keep “kicking the can down the road” as the phrase goes, as you will reach the end of the road at some point. That time is rapidly approaching. As another phrase goes, “The buck stops here.”
This unruly financial spending is destroying America. For several years, the Judiciary Report has repeatedly emphasized the benefits of austerity to correct financial deficiencies in global economies, but Washington has opted to do the opposite, spending like a drunk gold-digger at the mall and the negative results of those poor choices will surface in full in the next few years.

The government hates honest criticism and correction. They prefer you kiss their butts and tell them what they want to hear…even if their course of action destroys the country.

 

Barack Obama

So, Washington, keep on spending like a gold digger at the mall with a famous man’s credit card, because to pay for those debts you are racking up, someone is gonna get screwed (sarcasm). In this case, it’s the U.S. taxpayers. America is steadily skidding towards bankruptcy due to the record spending Obama has done. As it progresses without correction on the government’s end, there will not be enough money for the federal government. Social Security is also in jeopardy.

From the beginning of Obama’s presidency I wrote that his financial plans would not work for America due to his announced massive spending initiatives, poor tax collection plans and overall lack of austerity. Now at the end of his presidency, you see that it has not worked.

RELATED ARTICLES

New Scandal Erupts Regarding The FBI And Justice Department Monitoring Calls Of AP Reporters Confirming Previous Site Claims

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

 

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

NSA Admits Employees Illegally Spied On Love Interests And Significant Others Confirming Site’s Previous Claims

NSA Workers Admit To Reading The Emails And Listening To The Calls Of Americans In Violation Of The Law

Judge Rules The NSA Illegally Spied On Americans Confirming The Site's Previous Claims (Video)

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

British And American Journalists Call President Obama A ‘Hypocrite’ For Meddling In Brexit

 

News Report: The IRS Targeted Christians (Confirming Previous Site Claims)

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

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

Report Indicates Obama Is Disguising Bad Economic Numbers

The Corporate Sector Destroyed The Middle Class

 

Government Gullibility

This Is Not Wall Street

Artificial Growth

The Kardashians Making Rappers Kanye West And Tyga Broke

 

Kanye West and Kim Kardashian

The phrase "Keeping up with the Jones" means one is trying to spend and live lavishly like people who are in a higher financial bracket, at one's own peril. The stars of the scripted reality show "Keeping Up With The Kardashians" have made rappers Kanye West and Tyga broke in trying to keep lazy significant others in luxury. Kanye West married Kim Kardashian, a spoiled woman who became famous off a sex tape made with rapper Ray J. 

Tyga

Kim has not applied herself in life, opting to sexually exploit herself and image for money in acts equal to porn and prostitution, which her late father, an accomplished attorney, Robert Kardashian Sr., is probably rolling in his grave over (no decent father wants that for their daughter). She dated a string of rich and famous men before she became famous, in looking for a lavish lifestyle. Kim's sister, Kylie Jenner, is sexually exploiting herself as well for money. She began this sexually inappropriate conduct online and behind the scenes when she was underage and it has gotten worst since she turned 18-years of age. Kylie is dating rapper Tyga, in what was an illicit sexual relationship that began when she was 15-years-old and he 23-years of age. 

Tyga and Kendall Jenner

Greedy, unscrupulous Kardashian matriarch, Kris Jenner, who has been sued a dozen times for stealing preexisting products and slapping the family name on them in acts of intellectual property theft, has demanded her daughters be kept in a certain lifestyle by the rappers they date. Reports indicate Kris Jenner demanded Kanye West take out a $10,000,000 life insurance policy that makes Kim Kardashian the beneficiary. West recently announced he is $53,000,000 in personal debt. Kanye and Kim have been building a gaudy $20,000,000 mansion in Los Angeles and he has bought a number of expensive gifts for her costing millions of dollars. Tyga has been pressured into splurging hundreds of thousands of dollars he doesn't have on Kylie, to the point he is heavily in debt, bankrupt and facing eviction.

Kris Jenner (right) is always trying to be her daughters

These people are not royalty. They are also not billionaire business magnates. They are greedy, unaccomplished publicity seekers trying to live like kings and queens and it is completely out of place. They are trying to live a lifestyle they are not entitled to, as they can't legitimately afford it (see dozens of product theft and copyright infringement lawsuits).

RELATED ARTICLES
 
Sisters Kylie Jenner And Kendall Jenner Continue To Post Incestuous Items On Social Networking Such As Sucking Each Others Tongues
 
Teenager Kendall Jenner Being Inundated With Porn Movie Offers While Being Sexually Exploited In Nude Photos By Her Family
 

Kanye West $53 Million Dollars In Debt Begs Facebook's Mark Zuckerberg For $1 Billion On Twitter

 

Kylie Jenner's Plastic Surgery Goes Too Far Making Her Look Far Older Than Her Age

 
 What Years Of Hard Living Has Done To Kylie Jenner's Face

Kanye West $53 Million Dollars In Debt Begs Facebook's Mark Zuckerberg For $1 Billion On Twitter

Kanye West 

Mentally ill rapper, Kanye West, has gone on another series of rants on his Twitter page, embarrassing himself again. West revealed he is $53,000,000 in debt and in the next breath begged one of the Facebook website founders, Mark Zuckerberg, for $1 billion dollars to invest in "Kanye West ideas." West has been living the high life from stealing preexisting copyrights, which has resulted in many lawsuits being filed against him for intellectual property theft. Despite this massive thievery and unoriginality, West proclaims himself the greatest artist of all time, which is a lie. 

Kanye West and wife Kim Kardashian

Stealing and or sampling other people's original musical works and rapping profanity and all forms of deviance over it is not a talent. It is a disgrace. West has been living above his means buying millions of dollars in art, luxury cars, mansions and jewelry, items he is not entitled to as it has been purchased via ripping off the music of legendary old musicians, as well as newer, lesser known talent trying to make it in music. He was recently caught paying people to attend his fashion show, showcasing the ugly clothes he keeps stating he has designed. You can't fake success, because then you end up in debt trying to buy it.

Kanye West's tweets on social networking website Twitter

Since marrying into the debauched, untalented Kardashian family, via Kim Kardashian, West has been getting deeper in debt in trying to satisfy the greedy clan, who believes in keeping up appearances. Ironically, West isn't asking his wife for some of the porn money she made from the sex tape with rapper Ray J that disgracefully made her family famous reality stars on "Keeping Up With The Kardashians." 

RELATED ARTICLES

Kanye West Misinterprets Wiz Khalifa's Tweet And Gets Bashed By Ex-Girlfriend Amber Rose Over His Sexual Preferences

Facebook Fallout Continues As More Information Is Made Public On Disastrous IPO Filled With Insider Trading

Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern

Mark Zuckerberg Is Having A Very Sad Honeymoon Due To Facebook's Flop On The Stock Market

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

Facebook IPO Being Described As Lackluster In Light Of Shares Falling

Facebook Engaged In Insider Trading Knowing Stock Would Flop

Facebook Ownership Lawsuit Gets Ugly

 

The Facebook Flush

Rapper Lil Wayne Sued Again For Not Paying $96,000 Fireworks Bill

Lil Wayne

New Orleans rapper, Lil Wayne, who now lives in Miami, has been sued for the umpteenth time, regarding non-payment of bills. A year ago, Wayne was sued for owing over $1,000,000 plus $800,000 in damages and legal fees regarding non-payment of a private jet he had customized and used for a year, as well as defrauding entertainment industry talent out of music royalties and engaging in copyright infringement. 

Due to the private jet lawsuit and his non-payment of $200,000 in legal fees his attorney is owed for defending it (albeit they lost the case but understandably so LOL) $2,000,000 of Wayne's $30,000,000 in art was seized this month by the Miami Dade's Sheriff Office, who raided his home under court order (the financial judgment). If Wayne wants his art back, he has to cough up the $2,000,000 he owes to his creditors. 

Wayne has now been sued by Pyrotek Special Effects regarding his 2013 concert tour, for failure to pay for fireworks displays used in his music shows. The company has obtained a court judgment for $96,000, as they had previously struck a settlement with Wayne to pay a financial figure, but he failed to do so. If Wayne does not pay, the sheriff's office could end up knocking the locks off his front door again and seizing more of his property.

People deserve to be paid for their work. I don't know why some in Hollywood, particularly the so-called, self-proclaimed "Illuminati" have the mentality that people's time, hard work and property are free for them to exploit for undue enrichment. You can afford to pay people what you owe them. Stop ripping people off.

STORY SOURCE

Lil Wayne Hit Again with Court Judgment Stop the Bleeding!!!

11/9/2015 2:40 PM PST - Lil Wanye is getting pummeled by court judgments ... the latest by a pyrotechnics company that wants a pound of the rapper's flesh. It seems Wayne got a bunch of fireworks from Pyrotek Special Effects for his 2013 tour, including 200 tracer comets, 92 silver gerbs, 2 white flashes with a bang, 36 propane tanks and 30 lbs of exploding powder. Wayne didn't pay and the company sued, but they struck a settlement. Thing is ... Wayne never paid up, so the company just went back to court and got a $96k judgment...

http://www.tmz.com

RELATED ARTICLES

 

Lil Wayne's Mansion In Miami Raided By Police Who Seize His Assets 

 

Lil Wayne Loses Private Jet Lawsuit And Is Ordered To Pay $1,800,000

 

Young Money Becoming Broke Money As Creditors Sue Lil Wayne And Company

 

Lil Wayne Orders Security To Brutally Punch A Concertgoer In Florida Night Club (Video)

 

Lil Wayne And Young Money Sued By Rapper David Banner For Theft Of $150,000 In Royalties

 

Man Arrested By Police States Birdman Is Behind The Attempted Murder Of Rapper Lil Wayne

 

Birdman Wants Lil Wayne Dead To Avoid Accounting Of Millions In Royalties Owed And For Posthumous Sales Boom

 

Money Team Member Lil Wayne Tried To Fight Boxer Marcos Maidana And His Crew After Floyd Mayweather Fight (Video)

 

Entertainers Like Birdman, Lil Wayne, Young Thug And Keyshia Cole Are Putting Their Sexual Health At Risk Via Promiscuity

 

Lil Wayne Puts Miami Mansion On The Market As He Is No Longer Able To Afford It Due To Music Company Young Money Going Bankrupt

 

Lil Wayne Has $30,000,000 In Art, A $10,000,000 Home And 6,000,000 In Jewelry But Refuses To Pay Young Money Artists, Producers And Companies He Owes Money

Obama Sends American National Debt Up $339 Billion Dollars In One Day

Who Is Going To Pay For All That

Barack Obama

This is a continuation of the article "Obama Doubled America's National Debt To Unsustainable Levels." This past Monday, U.S. President, Barack Obama, sent the national debt up by $339 billion dollars in one day. This unwise financial spending is going to further damage the U.S. economy. Where other nations have turned to austerity (for a time) and seen financial turnarounds for the better, the Obama Administration is inexplicably spending America into a massive financial hole.

The economy has not recovered from the George W. Bush years and the 2008 financial crisis that caused widespread damage. It would have been more prudent to make cuts, not go on a 7-year spending spree. I am still of the belief 1+1=2. Math when done correctly works. To disregard and discount established economic precedent, regarding world governments and global nations, in favor of fluke, flaky spending on unnecessary items, is to financially imperil a country and put it at a disadvantage.

STORY SOURCE

Debt ceiling lifted, and the same day, debt jumps $339B

11/3/15 4:25 PM - The U.S. national debt jumped $339 billion on Monday, the same day President Obama signed into law legislation suspending the debt ceiling. That legislation allowed the government to borrow as much as it wants above the $18.1 trillion debt ceiling that had been in place. The website that reports the exact tally of the debt said the U.S. government owed $18.153 trillion last Friday, and said that number surged to $18.492 on Monday.

The increase reflects an increasingly common pattern that can be seen in the total U.S. debt level when the debt ceiling is reached. At the end of 2012, for example, the government hit the debt ceiling, and the Treasury Department was forced to use "extraordinary measures" to keep the government afloat until the ceiling could be increased again. Those measures included decisions to delay issuances of certain debt instruments...

 

http://www.washingtonexaminer.com

Obama Doubled America's National Debt To Unsustainable Levels

Barack Obama

U.S. President Barack Obama has doubled the national debt in America to $20 trillion dollars. Obama's unruly, fruitless financial waste, has created a economic nightmare that will not be easily solved. No nation in world history has flourished under such massive debt. In fact, nations have financially collapsed under similar debt to GDP ratios. America is not earning the type of money as a nation to handle that debt load. The Obama Administration is tinkering with national data to hide the monstrosity of debt and what any person who knows even a modicum about economics realizes - the nation is headed for disaster.  

America does not occupy the same financial spot it once did in the world, with a deterioration that began under former president George W. Bush. However, Obama has spend more money than any president in U.S. history making the problem infinitely worse. To make matters even worse, Obama has blocked financial initiatives that have cost America many billions of dollars in revenue streams, under his tree-hugging hippy ways that don't amount to anything at the bank. 

STORY SOURCE

$20 trillion man: National debt nearly doubles during Obama presidency

By Dave Boyer - The Washington Times - Sunday, November 1, 2015 - When President Obama signs into law the new two-year budget deal Monday, his action will bring into sharper focus a part of his legacy that he doesn’t like to talk about: He is the $20 trillion man. Mr. Obama’s spending agreement with Congress will suspend the nation’s debt limit and allow the Treasury to borrow another $1.5 trillion or so by the end of his presidency in 2017. Added to the current total national debt of more than $18.15 trillion, the red ink will likely be crowding the $20 trillion mark right around the time Mr. Obama leaves the White House.

When Mr. Obama took over in January 2009, the total national debt stood at $10.6 trillion. That means the debt will have very nearly doubled during his eight years in office, and there is much more debt ahead with the abandonment of “sequestration” spending caps enacted in 2011. “Congress and the president have just agreed to undo one of the only successful fiscal restraint mechanisms in a generation,” said Pete Sepp, president of the National Taxpayers Union. “The progress on reducing spending and the deficit has just become much more problematic.”

 

http://www.washingtontimes.com

Country Music Legend Charlie Daniels Rips The U.S. Congress A New One Labeling Them Cowards

Charlie Daniels

Country music legend Charlie Daniels took to his Facebook page and ripped the U.S. Congress a new one. Daniels sounded off on Congress, basically labeling them cowards for making the wrong decisions that were not in the best interest of America, but their political coffers. Daniels accuses Congress of selling out the American people, a view many clearly agree with, as the legislature's approval ratings stands at a record low of 9 percent. You can read Daniels' entire message below:

CHARLIE DANIELS PENS OPEN LETTER TO ‘SOLD-OUT, JADED, BURNED-OUT POLITICAL HACKS’ IN CONGRESS

26 Aug 2015 - Charlie Daniels, of Charlie Daniels Band fame, penned an open letter to Congress on Monday blasting the “sold-out, jaded, burned-out political hacks” for what he called their lack of courage:

I am a proud American who believes that America has held – and still holds – a very sensitive and special place in the affairs of mankind on Planet Earth. I believe that America has been divinely blessed and protected in our two centuries plus of existence.

I believe that America has been a counter balance that has cancelled out a lot of tyranny, evil and conquest and, admittedly, we have made a lot of mistakes, but on balance we have exerted a certain Pax Americana in the international affairs of mankind.

It took a lot of old fashioned guts for the Continental Congress to stand up to the world’s mightiest military and tell them that we demanded our independence, even at the peril of going up against a far superior force on land and sea with a ragtag army of untrained citizens, many who had to supply their own firearms.

It took courage above and beyond for Abraham Lincoln to push the country into a Civil War that he knew beyond a shadow of a doubt would divide this nation for decades.

It took guts to give the order for American troops to storm the beaches of Normandy on D-Day, straight into the face of artillery and machine gunfire, wave after wave being cut to ribbons by German shore emplacements.

The history of this nation is written in the blood and courage of men who stood in the face of overwhelming odds, politicians, soldiers, statesmen and ordinary citizens who sought to do the right thing regardless of the cost or the consequences.

Well, ladies and gentlemen of the United States Congress, it seems that that particular pen has run out of ink. The courageous politicians that once championed this nation have been replaced, for the most part, by a breed of milksop, politically correct, scared of their own shadow, pushover, pathetic excuses for public servants who are supposed to be representing a constituency of citizens who have to live with the circumstances of their timid folly.

You don’t even have the courage to face down an out of control president, even when he makes a deal with the devil. Don’t you bunch of timid capons even care what kind of world you’re leaving to your children and grandchildren, not to even mention the rest of us? Are you really party partisans before you’re parents and grandparents or even human beings?

Be honest with yourselves a minute, go into the bathroom and look in the mirror and ask the person you see this question.

“Do I really believe that Iran will not use the money we’re releasing to them to finance terrorists to kill Americans, and, when, not if, but when, the Iranians develop their nuclear device, will they really use it against America and Israel?”

You can’t hide from the truthful answer to that question forever, an answer will be required of you one day.

You have allowed Obama to tilt the Supreme Court so far to the left that they’re little more than a shameful extension of the Executive Branch.

You have talked for decades about the porous southern border but have done absolutely nothing about it.

You have allowed cities in this nation to declare themselves sanctuary cities where they protect the worst of the worst criminal aliens, American citizens paying an awful price for your silence.

You watch an impossible National Debt balloon completely out of control knowing full well that a day of reckoning is coming that will seriously curtail the quality of life for coming generations.

You allow corrupt government agencies like the IRS to run over the very people you are sworn to protect 

and allow the entitlement society to expand exponentially while you actually entertain the idea of raising taxes on those who still work and shoulder the burden.

You compose a third of the constitutionally mandated ruling system and you shirk your duty and allow this nation to move a little closer to the edge every day.

I wish you bunch of sold-out, jaded, burned-out hacks would just go home and let some people who still have some vision and whose consciences haven’t been seared past the point of reminding them when they’re wrong take over and start to claw this nation back on to the path of sanity,

Your ratings are in the single digits, your morals are in the gutter, your minds are on self-preservation and somewhere along the way you traded your honor for political expediency.

You’ve violated your oaths, you’ve betrayed your country you’ve feathered your nests and you’ve sat on your hands while an imperial president has rubbed your noses in the dirt time after time.

You’re no longer men, you’re puppets, you’re caricatures, jokes, a gaggle of fading prostitutes for sale to anybody who can do you a political favor.

“For what shall it profit a man, if he shall gain the whole world, and lose his own soul?”

What do you think?

Pray for our troops and the peace of Jerusalem.

God Bless America

Charlie Daniels

http://www.breitbart.com

RELATED ARTICLE

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