Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts

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...


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Boycott First Guaranty Mortgage Corporation And Coester VMS Who Are Scammers And Con Artists Engaging In Discrimination While Ripping Off People Seeking Mortgages


First Guaranty Mortgage Corporation

Beware of the companies First Guaranty Mortgage Corporation and Coester VMS, as they are discriminating against minorities, people with disabilities and immigrants, who apply for mortgages. This is illegal in America and violates federal and state laws. However, they are doing this. First Guaranty Mortgage Corporation uses the faulty appraisal company, Coester VMS, who collects hefty fees, then undervalues properties, destroying good real estate deals. This also allows others affiliated with them to swoop in on equity laden properties, such as those under foreclosure that are up for sale, despite the fact mortgage applicants found the properties fair and square.

 

Coester VMS (Value Management Services)

First Guaranty Mortgage Corporation leaves the appraisal process for last, running up thousands in fees that mortgage applicants must pay in order to obtain a loan. By the time mortgage applicants are thousands of dollars into the process, thinking their loan will close on the date issued, within a couple days of closing, First Guaranty Mortgage Corporation calls the entire thing off.


First Guaranty Mortgage Corporation

This costs mortgage applicants thousands of dollars in real estate fees. Then, First Guaranty Mortgage Corporation will encourage mortgage applicants to find another property to start the paperwork heavy process all over again, running up thousands of dollars in additional fees. Buyer beware. Avoid First Guaranty Mortgage and Coester VMS. Seek your loan and appraisal needs elsewhere, lest you lose thousands of dollars and waste valuable time.

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Wednesday, July 15, 2015

Beware Of Investment Scammers Who Prey On The Public


There are many legitimate investment companies in the world dedicated to growing people's wealth. However, there are some who are individuals secretly operating as thieves, fraudsters and con artists. They sell the public a dream and use their own lives as a so-called example of how you can achieve wealth. They prey on the public's desire for a better life and financial stability. They show off their luxury home, vehicle and designer clothes as proof they are good with money and can be entrusted with yours. However, some are using investor money to pay for the luxury items they flash to the public and are living on maxed out credit cards.

When you invest with a scammer, easy money may roll in at first, but if it is a fraudulent investment scheme, you will get back far less than you put in. Additionally, a situation could arise where prosecutors sue to get back profits you were given that you were not entitled to as the whole thing was a scheme, whether you had knowledge of it or not. Then you will require a lawyer and accrue attorney's fees to get yourself out of the legal mess. Therefore, properly research anyone or company you choose to invest with. Check with regulatory agencies in your nation to ascertain if they are in good standing and lawfully operating. Do internet searches for complaints from consumers. Make sure they have a good reputation before you entrust them with your money.

Be careful investing your money with friends. Some lack the expertise and understanding of the financial markets to truly bring you a good short term and long term return on your investment. If you are going to make a sizeable investment, which is risky, it is better to invest with wealthy companies that have a proven track record (because if they make reckless choices, which is not the norm, you can sue and there would likely be something you can recoup from their assets). However, at the end of the day, when you invest, you must remember, there is no guaranty you will make money and you could lose all the cash you've invested. Choose wisely.

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Thursday, May 28, 2015

50 Cent's Boxing Company Files For Bankruptcy


Canelo Alvarez, 50 Center and his boxer James Kirkland

This is a follow up to the May 11, 2015  article "Canelo Alvarez Knocks Out James Kirkland In An Exquisite Boxing Match That Is The Talk Of Social Networking (Video)" where the Judiciary Report stated, "What's with all these rappers trying to become boxing promoters. Boxing is not an easy sport. Between rappers 50 Cent and Jay Z's poor results, it's clear they don't know boxing."

This week 50 Cent's boxing company SMS, has filed for bankruptcy in America, where it is registered as a corporation, confirming the Judiciary Report's claim regarding rappers rushing into boxing and not knowing what they are doing. The website TMZ stated 50 Cent's company put on a pricey boxing show in Connecticut recently that failed. Prior to that, 50 Cent's boxer, James Kirkland suffered a massive knockout in the ring at the hands of pugilist Canelo Alvarez.

As the Judiciary Report has stated in past articles, boxing is a very difficult sport. In my opinion it is probably the most difficult. It is a singular sport, where the athlete stands alone and places his life on the line in the ring. You have to know what you are doing to succeed at it and have the right team behind you, who are experienced and intelligent. 

Boxing is not something to be taken lightly, as it involves a great amount of risk to life, health and career. Boxing matches and pugilists' careers must be handled with great care and proper planning. It takes people of great understanding of the sport of boxing to properly navigate careers and build champions. A significant amount of hard work goes into creating championship careers.

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Saturday, May 9, 2015

Floyd Mayweather Reneges On Offer To Fight Manny Pacquiao In Rematch And Calls Him Names


Floyd Mayweather and Manny Pacquiao

Undefeated boxer, Floyd Mayweather, angry at the renewed bad publicity surrounding him, has reneged on an offer to fight rival Manny Pacquiao in a rematch, after winning the unanimous decision over him a week ago in their widely watched bout. Mayweather had stated to ESPN's Stephen A. Smith that he is open to a rematch with Pacquiao.

The news of the rematch delighted many on social networking. However, Mayweather changed his mind after a stream of bad publicity calling the first fight fixed and his mood was worsened after negative exposure via a serious $20,00,000 defamation lawsuit by the mother of three of his children, Josie Harris. Mayweather is now calling Pacquiao a "sore loser" and a "coward." 

It should be noted, Mayweather has changed his mind many times in the past about fighting Pacquiao, but did so anyway in what was a record breaking, lucrative bout. Mayweather loves money and will unlikely leave another $180,000,000 on the table in not having a rematch with his top rival Pacquiao. Mayweather has become very wealthy from hard work in the gym and boxing ring, as has Pacquiao. They earned their money fair and square. A rematch would be a wise financial decision.

Do I have any regrets about ordering the fight? No. It was an entertaining experience, under card included. However, I would like to see Mayweather set a better example outside the ring as a wealthy young black man (go to anger management, refrain from domestic violence and stop keeping a stable of girlfriends).
Though he has not finished school, he is no fool (it would be beneficial to him if he obtained his high school diploma via private tutoring). Anyone who listens to Mayweather speak should be able to discern that. However, people are watching him and he has to do better regarding his personal life.


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Thursday, January 22, 2015

Change In Relations Between America And Cuba Underway (Video)


U.S. diplomats met with government officials in Cuba in an effort to normalize relations between the two sovereign nations. U.S. President Barack Obama recently eased restrictions between the two nations, which will open up trade and tourism. The 55-year-old embargo can be completely lifted by the U.S. Congress via legislative measures.

Polls reveal a majority of Americans are in favor of this move, as are Cubans on the island. However, there is some opposition to an official decision of this order. The U.S. government seeks to open an embassy in Havana, Cuba. The Cuba government also seeks to open an embassy in Washington, D.C. It would mark the beginning of a new era between the nations. 

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