Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Tuesday, August 9, 2016

Donald Trump Vows To Eliminate National Debt In Two Terms As President



Donald Trump
 
A recent report reveals, Donald Trump, has pledged to eliminate U.S. national debt in two terms, if elected President of the United States in this year's election. Two U.S. presidential terms equals eight years in office. The business mogul made the bold statement while unveiling his economic plan for America. Trump stated he would negotiate trade deals to accomplish this goal. 

Current U.S. President, Barack Obama, has sent the national deficit to a record high of $19 trillion dollars, via wild, unruly, fruitless spending. Obama promised to lower the national debt, but did the exact opposite and to America's detriment. This proves what the Judiciary Report stated all along about America - years of austerity is the way out of the nation's financial problems (as well as solid job creation). 

The U.S. government spends far too much of the people's tax money on things not worthy of the funding. Huge sums of the American people's tax money is tied up in fulfilling crooked corporate promises made in backend deals by politicians and their teams, while they were trying to get into office. Special interests via greedy corporate entities who want to control America has been the order of the day and the American taxpayer has unwittingly underwritten it. 

The Bush and Obama presidencies has been about secret campaign promises in exchange for political favors, regarding rewarding greedy rich people and wealthy corporations, for money they initially fronted up to them during their respective elections. America needs an honest president willing to clean up the dirty deals and say no more.   

Friday, July 24, 2015

Report Indicates Obama Is Disguising Bad Economic Numbers


Barack Obama

A recent report indicated U.S. President Barack Obama is engaging in deceptive conduct to hide the bad economic numbers in America. Obama has stated he fixed the U.S. economy, but according to experts he has not and serious financial problems still linger damaging any potential recovery.

The fact of the matter is austerity is the only thing that is proven to work in correcting any nation's financial problems. The "you have to spend money to make money" philosophy espoused by Hollywood and Obama does not work. It only creates more debt. And for 7-years Obama has been spending money to great degrees, sending the national debt to record heights.

STORY SOURCE

Obama’s contracting economy

Thursday, June 25, 2015 - You’d think it would be big news when the economy is shrinking, demand for durable, big-ticket manufactured goods is plunging and wages are virtually flat. But here in the corridors of power of the nation’s capital it’s being shrugged off as yesterday’s old complaints. The liberal network news shows are ignoring it altogether. And President Obama, well, he’s focusing on climate change and other issues that don’t even make the top 10 list of the voters’ chief concerns.

This week, Mr. Obama’s Commerce Department issued its second estimate of how the economy performed in the first three months of this year, announcing again that it had not just stopped growing, but was declining. After tinkering with its numbers with what they said was fresh economic data, the government changed its original assessment of the nation’s gross domestic product (GDP) — the broadest measure of our economy.

The economy did a little better than its first calculation of minus 0.7 percent. Instead, it had only shrunk by minus 0.2 percent. Why? People were spending less. Exports were down. Businesses were reluctant to invest in expansion. Retail sales were lackluster. The U.S. economy wasn’t just anemic, it was contracting. Did you see any comprehensive reports about this on Scott Pelley’s CBS News broadcast? Or NBC? Or ABC? I didn’t think so...


RELATED ARTICLE
 

Friday, October 11, 2013

Congress In Trouble As 60% Of Americans Want Them Voted Out And Fired Over Government Shutdown


Head of the Republican Party, Senator John Boehner and leader of the Democrat Party, President Barack Obama

An NBC poll reveals 60% of Americans want every member of Congress voted out, fired for the current federal government shutdown. Their inability to address national debt, budget deficits and ObamaCare, among other things, all while consistently voting for and approving salary increases for themselves, is not sitting well with the public.


Congress

Once again, they need to end the shutdown. Government workers who are currently not being paid have mortgages, car payments, gas, utility and food costs to pay for and need their money. Non-payment of bills such as mortgages and car payments will also damage their credit reports and put them in danger of default (foreclosure, repossession). This is not the time for politicians to be playing chicken.

STORY SOURCE

NBC/WSJ poll: 60 percent say fire every member of Congress

Throw the bums out. That’s the message 60 percent of Americans are sending to Washington in a new NBC News/Wall Street Journal poll, saying if they had the chance to vote to defeat and replace every single member of Congress, including their own representative, they would. Just 35 percent say they would not.

According to the latest NBC/WSJ poll, the shutdown has been a political disaster. One in three say the shutdown has directly impacted their lives, and 65 percent say the shutdown is doing quite a bit of harm to the economy. NBC's Chuck Todd reports.

Friday, September 13, 2013

Considering NSA Spying Has Not Really Aided In Thwarting Terrorist Attacks Should It Be Scaled Back



 
Barack Obama

There is proposed legislation designed to scale back the National Security Agency’s illegal spying on Americans. Recently, Congress discovered only one questionable terrorist attempt may have been averted by NSA spying, with emphasis on may have been.


President Obama and Congress claimed ignorance regarding the full extent of the NSA’s illegal spying and as such, legislation is in the works to address the criminal breaches of the U.S. Code and Constitution. Not to mention, the costs of spying on so many Americans is astronomical, well into the billions, usurping taxpayer money that could be better utilized elsewhere on items such as the education, the poor and homeless.


Saturday, February 2, 2013

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.

Wednesday, January 2, 2013

Fiscal Cliff Deal Reached In The Nick Of Time But Will It Work

 
Barack Obama
 
The U.S. Congress is attempting to start the New Year off with a deal on the fiscal cliff, regarding tax rates and government spending. America is severely in debt and nothing short of a complete committal to reversing the negative financial fortunes of the nation, will see the country back to prosperity.

President Obama and his Democrats, as well as their Republican rivals, are having a difficult time agreeing on a proper, dedicated plan that will restore balance to the U.S. economy. The Judiciary Report has consistently advocated a tax increase on the rich and budget cuts on the government. The Democrats are for the tax increase and the Republicans are for the budget cuts, both opposing the other on their proposals. It's a shame they can't do both as the Judiciary Report recommends.

Based on reports, a deal has been reached, but it is said the potential pact, which has to be voted on, does not include budget cuts, which are vital. As it stands, the government spends too much money on frivolities that need to go. Non-essential research grants for such items as watching bears (all you need to know is don't mess with them - research done), bloated expense accounts for government executives staying in the Four Seasons and flying around in private jets, to name a few, need to be axed from the budget (stay at the Holiday Inn like everyone else and go get your own ice). Seriously, the government is spending too much money, racking up massive debts, to the tune of $4 billion dollars per day. Some nations don't even make that much money in one year.

The current agreement is said to include a tax increase on the rich, which is good, as money is needed to pay the nation's bills (schools, teachers, county hospitals, policemen, firemen ect). Currently, Congress is set to vote on raising taxes on individuals making $450,000 and up per year, which is a healthy salary. If you make upwards of $450,000 per year, unless you have a cocaine problem or something, you can afford a measly 5% tax increase to help out to aid in getting the country out of the bind it is in. Really, who can't live on a couple hundred thousand dollars per year.

 
Congress
 
I must admit, my confidence level in Congress is not very high right now, as they've been going in circles for the past four years regarding the current financial crisis, which has wreaked havoc on America. Had they taken more prudent and expeditious measures years ago, things wouldn't have gotten to this very difficult juncture. They are the gatekeepers. The buck stops with Congress and they have no one to blame but themselves for letting things reach this point.

RELATED ARTICLES
 
 

Thursday, December 6, 2012

Obama Seeking Financial Advice Anywhere He Can Get It But Is He Talking To The Right People


Barack Obama

U.S. President Barack Obama is in search of business advisers to help him address the significant problems occurring in the economy. Obama indicated he shunned this action during his first term as president, but it is now something he is "considering." 

Obama complained he had difficulty "recruiting business leaders into the administration" due to the confirmation process. However, there are other issues to consider. If one gets executives who are still in Wall Street's pocket, that will not help middle class and lower income people struggling to get back on their feet during the financial crisis.

STORY SOURCE

Report: Global Economy Recovering But The U.S. Is Struggling


Barack Obama

The Washington Post published an article this week titled, "The global economy isn't falling apart. The U.S. might be." The piece indicated the global economy, particularly the manufacturing sectors of the world, have stabilized, except in the United States. 

The article further reported, China's "manufacturing sector expanded" and Europe has risen as well. However U.S. data indicates a decline. Something is very wrong. This should not be happening. The Obama Administration does not have a grip on the financial crisis, started by predecessor George Bush's unwise choices while he was in office. 

However, as Obama goes along, the damage incurred during his term will be attributed to him. The mere fact other nation's are climbing out of the crisis and America is not is another of many indicators the government is going in the wrong direction. 

STORY SOURCE

Thursday, November 29, 2012

Obama, Democrats And Republicans Still At An Impasse Over Fiscal Cliff


Barack Obama

President Barack Obama, his Democrats and rival Republicans are still locked in a standoff over the ‘fiscal cliff’ threatening the U.S. economy. Neither side is budging, which is not good. Time is going, so is the nation's competitiveness and financial standing in the world. The Judiciary Report doesn’t get paid by any party or world government for its opinions, though a certain administration started harassing the site into taking its side online (*looks at the Obama Administration* not gonna happen).

However, the site sticks to what it has stated these past four years during the financial crisis. Debt reduction, favored by the Republicans, is very important to getting the nation back on track, as is a (small) tax hike on the rich, now favored by the Democrats. If both sides can’t compromise and make that work, what can I tell you, other than you’ll be going the wrong way once again. You should be tired of that by now Washington.

RELATED ARTICLES



Tuesday, November 27, 2012

Record Number Of Americans Demand States Secede From America Due To President Obama's Reelection


Barack Obama

Barack Obama's victory in the presidential election this month, has not unified America, but created more division and infighting than the nation has ever seen. Over 1,000,000 Americans have signed a petition on the White House's official website, demanding their states secede from the United States. 

 
Barack Obama

President Obama's record spending in response to the worsening financial crisis has spurred the movement, which is reflecting badly on his presidency. Until Obama can legitimately show genuine financial improvement in the nation, he will continue to be viewed as a divider and not a uniter.

Thursday, November 22, 2012

Obama Cabinet Members Ben Bernake And Timothy Geithner Encourage Congress To Address Fiscal Cliff




 Even that turkey knows the economy has become a turkey due to unruly government spending

Federal Reserve Chief, Ben Bernake and Treasury Secretary, Timothy Geithner have been encouraging the U.S. Congress to address the "fiscal cliff" issue facing the nation. Democrats (President Obama included) and Republicans are arguing over the problem, with neither side making any real concessions.




President Obama's behavior when meeting Thai Prime Minister Yingluck Shinawatrav was described as flirtatious. It would be funny if Mrs. Obama beat both of them down. Go on home and get that butt whooping, Obama.
 
Both sides state they are willing to compromise, but neither  party seems to want to make any concessions. The national debt and job market in America are grim, taking unfavorable turns on a regular basis, while politics takes precedence over restoring the economy.

Tuesday, November 20, 2012

President Obama Asks Controversial Attorney General Eric Holder To Stay On As Head Of The DOJ Defying Congress


Barack Obama and Eric Holder

According to mainstream press reports, President Obama, has asked lawbreaking, corrupt Attorney General, Eric Holder, to remain at the Department of Justice (DOJ). This despite the fact, 120 members of Congress joined an initiative demanding Holder resign from the DOJ.  


One has to wonder how serious Obama's claims of working with Congress on both sides of the aisles to fix the financial crisis and reduce national debt is, when he is publicly expressing confidence in a criminal, Holder, whose illegal conduct in the "Fast And Furious" scandal has resulted in the deaths of over a thousand people.

Saturday, November 17, 2012

More Proof The U.S. Economy Is In Decline As McDonalds And Walmart Hit Sales Slumps And Hostess Goes Out Of Business


Barack Obama

The Obama Administration's economic policies are not working. The Judiciary Report has stated and reiterated this point since 2009, offering positive solutions to fix the problems. However, the Obama Administration has chosen another line that is not producing positive economic results. When U.S. giants McDonalds and Walmart are experiencing very noticeable sales declines shocking Wall Street and another symbol of Americana, Hostess, makers of the Twinkie snack, closes its doors, things are very bad.


Barack Obama

Some conspiracy theorists will claim these corporations are conspiring to make Obama look bad, but who in their right mind would damage their own multinational companies, losing billions and or closing their doors, to get at a president. It's time to face facts. Things are bad with the economy. There is still a financial crisis. There was no recovery. 

 

Hostess

Serious government budget cuts need to be made. Taxes need to be raised on the rich (personal income, not corporate). The corporate sector needs to be cleaned up. Criminals are still in business in the corporate sector, damaging not contributing to the economy. The nation cannot afford four more years of financial failure.

Wednesday, November 7, 2012

Barack Obama Reelected President Of The United States In Tight Presidential Race Against Challenger Mitt Romney


The First Family

Barack Obama was reelected President of the United States, winning the electoral college (303/206) and currently the popular vote by a narrow margin. Votes are still being counted Wednesday morning in certain regions of the country and their status labeled, "Too close to call." The site was awaiting the popular vote count as well, but as the electoral college has been settled the results are finalized.

The day before the election, pollsters predicted the race had become tight towards the end, but many polls favored challenger and businessman Mitt Romney based on surveys, due to the battered economy. The popular vote reveals many changes in voting patterns from the 2008 election, such an erosion in support for the president, after four years of bad economic numbers. 

The election suffered from allegations of fraud coming from both sides of the aisles, but thankfully there were no major acts of violence, which would have been counterproductive and negative. 

As it stands, the Judiciary Report is not of the belief President Obama will be able to repair the severely damaged U.S. economy, in a situation he has made much worse via unchecked spending on the people's tab. Things are dire and what Obama has been doing for the past four years is has not and will not work in the future. It is financially harmful.

RELATED ARTICLE

America Falls Out Of The Top 10 Most Prosperous Nations List

 

Barack Obama

Another indication the U.S. economy is in a disastrous state comes courtesy of the Legatum Institute’s annual prosperity index. America for the first time in the history of the list, fell out of the top 10, to #12. It should serve as another of many wake up calls for the Obama Administration regarding the country heading in the wrong direction.

However, if the past few years are any indication, the news will be met with even more spending from the Obama Administration, which is the wrong solution to the problem and will further plunging the country into unproductive debt and dismal economic numbers.

STORY SOURCE

U.S. slips out of top 10 most prosperous countries, while Canada keeps No. 6 ranking 

Nov 5, 2012 2:32 PM ET - Reuters The U.S. fell to 12th position from 10th in the Legatum Institute’s annual prosperity index amid increased doubts about the health of its economy and ability of politicians. The U.S. slid from the top 10 most prosperous nations for the first time in a league table which ranked Canada sixth in the world for the second year in a row.

The U.S. fell to 12th position from 10th in the Legatum Institute’s annual prosperity index amid increased doubts about the health of its economy and ability of politicians. Norway, Denmark and Sweden were declared the most prosperous in the index, published in London Monday.

Friday, November 2, 2012

The Next Four Years In The White House Will Determine America's Future For Many Years To Come

     
 
Mitt Romney (left) and Barack Obama

The excitement is building for the presidential election in America next Tuesday. President Barack Obama and rival Mitt Romney have resumed campaigning after Hurricane Sandy damaged parts of the East Coast, bringing events to a halt.
 
Polls continue to place Romney in the lead. The ads from both sides of the aisles pull no punches, as both candidates seem to want the win more than any others in recent history. This is likely due to the fact America is at another crossroads, due to the economy. The next four years in the White House will determine the nation's future and role in the world, when so much is changing around the globe.

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Thursday, September 27, 2012

U.S. Taxpayers Paid A Whopping $1.4 Billion For The Obama Family In 2011


First Lady Michelle Obama (left) Malia Obama, Barack Obama and Sasha Obama

The Daily Caller website has published a scathing article about President Barack Obama and his family, quoting from the book "Presidential Perks Gone Royal" by Robert Keith Gray. That figure is absolutely disgraceful. America can't afford that. Is there any wonder the nation is bankrupt. Do you know how many jobs one could create with that money.


Mrs. Obama has been characterized as a modern day Marie Antoinette for being a lover of luxury living in bills footed by the American taxpayers

No First Family in history has spent this much money on themselves. Furthermore, no president in U.S. history has ever spent as much money as Obama, adding $5 trillion and counting to the deficit in toxic, fruitless debt that has pushed America further behind. This cannot continue.

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Monday, September 24, 2012

Can America Afford Another Term Of President Barack Obama And What Would It Mean For Your Wallet

 
Obama's campaign slogan could honestly be "Raising the deficit $5 trillion at a time"
 
Recent economic data has revealed poverty has hit a 45-year high in America. Lower income and middle class families are feeling the financial pinch that is more like a devastating economic punch. This means in modern times, Americans have never been so financially poor.
 
 
Barack's bat economics doesn't work
 
Come this November, Americans have a choice to make. Will they continue another four years with President Barack Obama, whose time in office has been plagued with financial failure, brought on by his extraordinary, record overspending, in the amount of $5 trillion or will they take a chance on multi-millionaire businessman, Mitt Romney, who has 40-years experience in the business world and used it to amass a $250,000,000 fortune and create jobs.
 
 
Mitt Romney
 
The people have seen what President Obama has to offer over the last four years and regrettably, the lack of austerity and unruly spending, which the Judiciary Report explicitly warned against when he took office, has placed America further in debt than it has ever been, even surpassing the Great Depression on many levels. Unemployment, foreclosures and business closures are up. Does America need four more years of that. Can the American people's families and wallets afford four more years of that.
 
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Saturday, September 22, 2012

Gallup Poll Reveals Barack Obama And Mitt Romney Are Tied In The Race For The White House

       

Barack Obama

A new Gallup poll has revealed, President Barack Obama and challenger Mitt Romney are neck and neck in the race for the white house, each polling at 47 percent. Rasmussen still has Romney in the lead among voters for the Presidency of the United States. Once again, the negative U.S. economy continues to work in Mitt Romney's favor, because after four years in office, the public expected progress from Obama, but have been met with economic regression. New unemployment data reveals more people have lost their jobs in America and in key swing states.


Mitt Romney

President Obama promised Americans "shovel ready" jobs when he took office that never materialized. Instead stimulus money has been greatly wasted, via the Obama Administration doling money out to greedy corporate entities that have stolen funds and are sitting on them, rather than reinvesting the money in the America people. The Obama Administration has allowed this theft of public funds.

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Saturday, September 15, 2012

What Would Four More Years Of President Barack Obama Mean For The U.S. Economy


Barack Obama

What would another four years of President Barack Obama mean for America. Well, we can deduce much from what the past four years of his tenure has meant to the U.S. economy. In a little under four years President Barack Obama has added $5 trillion dollars in debt to the deficit in America. In another four years, this would mean he would add another $5 trillion in debt, making his grand total $10 trillion.

The unemployment rate in America has risen over four percent during Obama's time in office. Month after month, millions in America have been unemployed with more and more people applying for jobless benefits. An unprecedented number of foreclosures have happened during the Obama Administration with no signs of slowing down under his system. The banks are simply not cooperating with homeowners as they should, due to the fact, there is no meaningful penalty if they do not.

America needs to ask itself, can it afford another term of President Obama. Judging by Obama's track record, the answer to said question is a resounding no. The nation is losing valuable time, money, productivity and progress in the world under the Obama Administration's current financial system that has failed. Ironically, though these methods have failed, Obama refuses to "change."

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