Chris Brown's New $4,300,000 Los Angeles Mansion Had Security System When It Was Robbed

Chris Brown

The Los Angeles Times is reporting the $4,300,000 mansion singer Chris Brown recently purchased in Tarzana, California had a security system when it was burglarized by people who know the star. The Los Angeles Times states, "Described as a solar home and "smart house" in the listing details, the security includes 16 cameras, an alarm system and wireless controls. So much for that."

Chris Brown's new mansion

Brown's aunt was home at the time of the burglary, where she was held at gunpoint and shoved into a closet, as thieves who know the singer, stole a safe with $50,000. Brown's aunt stated the thieves specifically made mention of the safe containing "$50,000" the singer recently earned from a night club appearance. The question is was the security system on or did Brown's friends who are suspected in the robbery already know the codes from spending time in the house with him on different occasions. Brown is not always sober and who knows what his lecherous friends have been made privy to in his inebriated state.

STORY SOURCE

Chris Brown dropped $4.35 million on the Tarzana home

Wait, what? Brown has a place in Tarzana? Yep. He bought the gated contemporary in June for $4.35 million, public records show. Described as a solar home and “smart house” in the listing details, the security includes 16 cameras, an alarm system and wireless controls. So much for that. Set on three-quarters of an acre, the residence is entered through a two-story foyer. A grand staircase connects the two stories of living space. Walls of glass and balconies take in views of the mountains and cityscape.

The home theater features 14 recliners and a 120-inch wall screen. Living, family and dining rooms, a bonus room, six bedrooms and eight bathrooms are also within the more than 8,300 square feet of living space. There’s an oversized three-car garage and motor court parking for 10 cars. An outdoor living room with a full kitchen, a saltwater swimming pool with a shallow shelf and spa, a waterfall, three fire pits and an expansive lawn complete the grounds...

http://www.latimes.com

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ESA Searching For Rosetta Philae Probe That Is Now Transmitting Pictures But Running Out Of Solar Battery Power Endangering The Space Mission

 

Philae space probe on Comet 67P

The exciting, admirably ambitious European Space Agency (ESA) Philae probe continues to transmit photos of the rubber duck shaped comet 67P, which it landed on two days ago, for an exploratory mission. It took the Rosetta spaceship, carrying the Philae probe, 10-years, traveling 4-billion miles, to arrive at comet 67P, which is hurling through space at 40,000 MPH. When you think about it, it is remarkable the probe even landed on the comet at all, given the logistics and time factor. The project costs an estimated $1.6 billion dollars.

ESA is searching for the exact location of Philae, which is thought to be stuck on its side against a hard surface and running out of solar power, due to being in the shadows. Philae's solar panels are not receiving enough sunlight as the comet rotates to charge the battery. Power is expected to run out in the next 24-hours.   

Philae was designed with three legs, possibility to make it more aerodynamic. However, things with three legs, are sometimes less stable (for example, a director's film camera tripod has three legs and if not precisely extended and locked in place on the right angle, the camera will not be stable). Four legs (or more, but in an even number) could have possibly made the probe more stable. The left legs would have to move in unison, as would the right legs, alternating like a human walking or centipede crawling, providing more stability.

Based on specs listed online, the Philae probe has a drill, which is great. The length of the drill would mean unearthing valuable data about the core of the comet that holds significant secrets. As the comet qualifies as extraterrestrial, its core can reveal information about its true origins and what is driving it. And make no mistake, something is driving it. 

However, due to Philae's battery issues, activating the drill is problematic and would deplete it's power. The ESA has indicated it wants to drill, but due to power issues, are saving it as a last option. The ESA are contemplating a maneuver to get Philae on its three feet, but time is limited to do so.

One can only imagine what's in the core of the comet and the drill would hit a serious payload if it were able to explore. The core likely contains something rare, as well as noxious gases and possibly a black oil like substance (like drilling for oil on earth). Additionally, if the drill were capable of extracting useable samples, would it be sanitized and safe in the event it were able to reach back to earth, so it would not pose a threat to humanity. 

Polls Indicate These Are Obama's Last Few Months In Office But He Does Not Agree

Barack Obama

Polls are indicating U.S. President Barack Obama is set for defeat in the upcoming presidential election. Obama has had a challenging presidency thus far. He inherited a terrible economy from former President George W. Bush and sadly made it worse with massive spending that added $5 trillion to the national deficit. This week, former chairman of the Federal Reserve, Democrat, Alan Greenspan, stated Obama not tackling the deficit was his biggest mistake. It certainly was one of his bigger mistakes.

Frugality in the federal government would have come in really handy, but the Obama Administration's mantra has been the old phrase, "You've got to spend money to make money." But spending money you don't have on risky ventures, such as green initiatives, did not pan out (and the Judiciary Report stated it wouldn't from the start).

Alan Greenspan

America would have gotten a better environmental return in said green realm, simply by doing what Britain has done, in investing more in public recycling trash cans in major cities and given incentives to people that take public transport and cycle, instead of drive. It would have been a good start until additional funds became available in the event the economy improved.

As it stands, the government is scaring businesses away. Obama has refused to give American corporate giants clemency in bring nearly a trillion dollars back to America, after they went abroad seeking a lower tax rate. As a result, other nations have and continue to richly profit from U.S. companies' funds abroad, as said corporate giants are paying taxes in foreign nations and hiring abroad as well for their *cough* "headquarters."

        

Presidential challenger Mitt Romney

Giving corporations a fair tax rate would give many reason to keep or return their businesses to the United States, but the government is playing hardball with them, when the ball really is not in their court to do so. However, individuals that are wealthy should face a slight tax increase on their income to help out during the financial crisis that some of them helped to create via greed and gouging the public in their job posts.  

5.6 Million U.S. Homeowners Are Behind On Their Mortgage Indicating More Help Is Needed To Rescue Taxpayers

 

Barack Obama

According to the latest housing numbers coming out of America, 5,600,000 Americans have fallen behind on their mortgages, skidding into foreclosure. This is sad and preventable. It is an indication the government is not doing enough to help homeowners, who are the taxpayers. Money designated by President Obama for exploratory initiatives, such as those in the solar and environmental sectors, which have failed, could be used to help homeowners.

Already billions have been lost on the aforementioned exploratory ventures, best suited for a time America is not in a financial crisis, as the Judiciary Report has maintained from before they failed. The rest of the money intended for said exploratory ventures need to be diverted to homeowners with troubled mortgages.

These delinquency numbers would not be so astronomically high, if bank and government modification and foreclosure prevention programs were working correctly. Something is wrong in the system and it needs to be fixed. At some banks, you can't even get modification and foreclosure prevention specialists on the phone. It's often an answering machine and they call you back at the strangest hours, when you are at work and unable to properly discuss your financial situation.

America will not be made better by people losing their homes, so banks can add the properties to their stockpile of homes that are not selling. The stagnation is not healthy for any economy, as the empty homes sit there devaluing and rotting away. More government intervention is need immediately.

STORY SOURCE

5.6 million mortgages in America are delinquent

President Barack Obama Still Lagging In The Polls Behind Mitt Romney

Risks Landslide Loss If He Does Not Repair His Campaign

Barack Obama

Gallup and Rasmussen polls have incumbent President, Democrat Barack Obama, lagging behind rival, Republican, Mitt Romney, in the polls. Newspaper and network polls have been more favorable to the president, but independent polling houses tend to get it right more often\.

The struggling economy, multi-billion dollar solar initiative failures, "Fast And Furious" gun trafficking disgrace and Secret Service prostitution scandal, are negatively impacting Obama at the polls and with voters, as it has created an air of chaos and disorder over his campaign. It gives the impression the house that is his presidency is falling down around him. 

Mitt Romney

To be an effective head of state, one must be authoritative, intelligent, tough and charismatic. People have more confidence in heads of state who have things firmly under control. To do otherwise, will be interpreted as a lack of leadership and good judgment. One must have good intuition and be decisive. Image and actions matter in politics.

Another Solar Company That President Obama Gave Billions In Taxpayer Dollars Is Declared Bankrupt

Bad Barack Investments

Obama: okay, so maybe they didn't work

Solar Trust for America has been declared bankrupt by the Obama Administration, after the president gave the company $2.1 billion dollars in taxpayer money. Solar Trust for America is another of President Obama's green Company projects that has gone belly up.

The Judiciary Report has consistently warned against such initiatives, as the nation is currently not on solid financial footing. Amazingly, President Obama is not off these green companies and giving them large amounts of taxpayer money, though several of them have hit bankruptcy.

This is very unwise. This taxpayer money could be better used to create jobs in industries that are proven winners and moneymakers. It is a grievous mistake to keep pumping taxpayer funds into entities that keep failing. It is the definition of financial insanity.

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STORY SOURCE

Solar company bankrupt despite 'win-win' Department Of Energy loan

Mitt Romney Accuses President Barack Obama Of Driving Up Gas Prices To Get Americans Off Oil

Republican candidate and nomination frontrunner, Mitt Romney, is accusing President Barack Obama of fulfilling a 2008 campaign threat of driving up gas prices, to get Americans off oil, as emissions are allegedly creating global warming. Obama also invested $20 billion dollars in taxpayer money to launch solar companies that failed shortly after, losing the full amount of funds, on more of his unsuccessful energy policies.

This conduct is very unethical and financially unsound, especially during an economic crisis. Rather than turn to science for answers and innovations to reduce carbon emissions, the Obama Administration is guilty of getting carried away with its newfangled, tree hugging, moon baying philosophical beliefs on energy, at the expense of 305,000,000 people.

Barack Obama

It is inexcusable, as gas prices are helping to bankrupt Americans. And we know said energy policies failed because a.) Obama's solar pet project companies went bankrupt, adding to the national deficit and b.) nobody can afford gas - even rich people are complaining. So instead of making America billions, as the Judiciary Report suggested three years ago, the Obama administration is costing the nation billions (Obama Is Conflicted Over The Path American Energy Should Take).

I do believe, by the grace of God, there are scientific answers to these problems, but President Obama only throws taxpayer money at his big campaign donors, who aren't really scientists and have the business acumen and brainpower of Fred Flintstone. The Judiciary Report will not applaud this madness, as qualified scientists and the best and brightest of Silicon Valley should have gotten research and business start up money. Obama's campaign donors wasted billions in taxpayer money the nation will not see again.

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Obama Is Conflicted Over The Path American Energy Should Take

...And It Is Costing Taxpayers A Bundle

Barack Obama

President Obama stated today that America needs to gain energy independence, but this is something he has acted against throughout his 3-years and 3-months in office. The Judiciary Report supported the Keystone Pipeline that President Obama opposed. Later on, former President and Obama's fellow Democrat, Bill Clinton, came out in support of the Keystone Pipeline.

However, this still did not convince Obama, though Clinton had the most financially successful presidency in American history, where people of different classes prospered. A few years prior, in 2008, the Judiciary Report advocated America using coal for fuel (Congress And Bureaucracy).

Once again, Obama has been against that as well. He's saying one thing and doing another. That is not going to help the U.S. economy rebound. He's lost three years that could have earned and saved the nation billions in energy sales, using the natural resources available in America.

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

Barack Obama

A friend asked me to research grants online for her and I was amazed at what I found. As many of you know, a few of President Obama's top campaign donors were given tens of billions of dollars in taxpayer funds to start solar companies that went on to fail in a major way between 2009-2012.

Yet, now when you check the Small Business Association (SBA), which for many years gave grants and training to people in America to start their own businesses, all you'll see is a message that states, "How do I get a small business grant? At this time, Congress has not set aside any monies for grants to start and/or expand a small business..." (http://www.sba.gov/content/how-do-i-get-small-business-grant).

I remember during the Clinton Administration, if you took a six week course with the Small Business Association and formulated a decent business plan during said time, the SBA would give you $5,000 to start your own business, which helped a lot of people and created revenue streams via entrepreneurial endeavors in America. The $20,000,000,000 President Obama gave to a handful of companies such as Solyndra, which all went on to fail in the solar industry, could have gone much further in the economy as smaller grants and loans at the Small Business Association.

Obama's business plan helped a few campaign donors that blew billions, when it could have helped thousands of entrepreneurs with a greater probability of success in local communities all over America. I have only one question. Why?

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President Obama Nixes Canadian Oil Pipeline To America That Would Have Created Jobs And Revenues

It's amazing that President Obama gave away $18,500,000,000 in taxpayer money to his campaign donors in the green/solar industries, for companies that have since filed bankruptcy and failed, laying off thousands, yet he nixes the Canadian Oil Pipeline to Texas in America that would have created jobs and revenue. Oil is a proven revenue source. Solar, though it is useful, is not. What is wrong with this picture.

Barack Obama

President Obama scrapping the pipeline is another example of his poor business acumen and terrible choices in the area of economics. This is not good business strategy. America cannot take another term of such poor decision making. President Obama has a bias against oil and gas, as it does not fit with his costly, failure prone green vision for America and it is burning a lot of business people in the nation and abroad. He is not being practical and it is costing America plenty.

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The Obama Administration Lost Billions In Taxpayer Money On More Green Companies That Failed (Video)

The Obama Administration Lost Billions In Taxpayer Money On More Green Companies That Failed (Video)

Green Doesn't Often Mean Green, As In Money

Obama, who has been signing the money away for three years, is a bad investor

Many believed the solar company, Solyndra, whose failure cost the American taxpayer $500,000,000, was the only failure in the sector that President Obama gave the nation's money to, but there's more. A CBS News report indicates the Obama Administration spent many billions of dollars in taxpayer money on other green initiatives that have failed.

The report states 80% of the U.S. Department of Energy's $20,500,000,000 budget, comprised of taxpayer money, went to President Obama's donors, on companies that failed and are in bankruptcy or facing it right now. Going green is good, but the government handled it the wrong way and for political reasons, in deeds that have now cost the U.S. taxpayers a significant amount of money added to the national debt.

These companies were green in another way, as in unproven and risky. For years the Judiciary Report warned in articles that Obama should avoid untried and unnecessary spending and even named green and solar initiatives in that category, as it would be a hindrance in getting the nation out of the financial crisis.

And though over 20 divisions of the U.S. government have been reading this website for years, including the White House, they did it anyway and ran head on into this calamity they were warned by this website would happen. It's amazing how some heads of state sign away the people's money said leaders could not earn or repay in their lifetimes. It is careless, reckless and arrogant.

Side Bar: Jesus Himself could have come down from heaven in 2008 and told Obama do not spend the people's money on these green companies, as it will put the nation further in debt to no good results and the first thing out of Obama's mouth would have been, "But they are my campaign donors..."

These corrupt campaign donors and those in Hollywood did not put Obama in office, the American people did in big numbers, but these rich and famous folks using the President are going to get him thrown out of office with their foolishness the nation is witnessing unfold online.

STORY SOURCE

CBS News: Obama’s 11 More Solyndras

In the wake of Peter Schweizer’s explosive revelation that 80 percent of the Department of Energy’s $20.5 billion in green energy loans went to President Barack Obama’s fundraisers and donors, CBS News is now reporting that the Obama Administration spent billions of taxpayer dollars on 11 more Solyndra-style loans to so-called green energy companies that have since gone bankrupt or are facing serious financial difficulty...

http://biggovernment.com

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Why Is President Obama Making Such Poor Investment Choices

Who Is Advising Him Or Is He Thinking Off The Top Of His Head

Barack Obama at Solyndra

U.S. President Barack Obama has made a number of failed investments using billions in taxpayer money that will not be seen again. That money is gone. He heavily invested in the solar, green and banking sectors to disastrous results. One has to wonder if he is using gut feeling to make these risky investments, as had he utilized due diligence, cost analysis and projected profit reports, he would have seen the lack of profitability and feasibility of his choices.

Should presidents be allowed to sink billions in taxpayer funds into pet projects and companies owned by campaign donors, especially those labeled "bundlers" (people bringing in $250,000 or higher in campaign donations). There exists a massive conflict of interest that is not in the nation's best financial interest.

STORY SOURCE

‎The Other Solar Failure

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This Gamble Cost The Taxpayers Over $500,000,000

Barack Obama

On July 20, 2011 the Judiciary Report published the article "When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers." Almost three months later, on Thursday, October 6, 2011, President Obama stated in an interview, regarding the failed solar company Solyndra, which he personally backed and underwrote with $500,000,000 in U.S. taxpayer money, it seemed like "a good bet." Mr. Obama just proved the Judiciary Report's previously claims correct once again.

The government has not been using sensible methods to decide which companies and organizations received stimulus funds or how to correct the economy, which is why each attempt at a real recovery keeps failing. You cannot have the mindset of a gambler in public office, especially when it comes to taxpayer money, as it will end in disaster. There's a science to it.

Once again, proven industries, with strong track records, should have been first priority for stimulus funds, with tight restrictions on what can or cannot be done with the money (i.e. no hoarding, misappropriation, embezzlement, offshore accounts, splurging, wasteful expenditures, big bonuses, sizable raises with the money - even going so far as listing unacceptable percentage increases in pay).

Another problem I have noticed is the Obama Administration, much like George W. Bush (Mr. "Laissez Faire" more like "Lazy Fare" when it came to Bush) before him, is too hands off with the economy and it has and continues to breed bad results. One has to get involved. You can't just dole out money, let the chips fall where they may (another gambling term) and expect it to all turn out okay. Why would the nation need a president, if the country desired lack of supervision, input or involvement from said elected leader. Think about that!

If I were a head of state, one of the first things I would have done upon taking office, especially in this economic climate, is make a list of the nation's top companies, then formally asked them how I could help them increase revenues and present my ideas on how said goal can be achieved. Strengthen what you have that works. It's not a matter of being greedy, but a country needs jobs to keep citizens working and productive, in order to feed their families. One also has to shore up manufacturing, but Obama has not done that. In a big nation like America, that was imperative.

Personally, I don't think Obama is okay, as something's gone wrong with him. He is not listening to reason, science or even history nor is he following any national business plan that is logical. Special interests and lobbyist have gotten their hooks too deep into him and have given him false assurances about the financial measures they have asked him to take, regarding how they will pan out.

Obama has squandered many great opportunities to turn the economy around, via not properly taking the reins on stimulus spending, doing too much of it, giving the money to certain corporations that did not deserve it and failing to raise taxes on the rich as soon as possible, after attaining office.

Some state Obama would have fallen out of favor with the rich and influential, but so what. They aren't the majority in most nations (and their bills are paid). As head of state, I wouldn't have worried about the rich. When they are eating lobster and caviar, they wouldn't be thinking about me. But the poor, who do not have enough to eat, would be thinking about me, wondering why as head of state, I did not help them.

Mr. Obama is going the wrong way with the economy, as the Judiciary Report has warned for two and a half years. Now he only has a few months, not even a year, to change things before the next election is in full swing, which really isn't any time.

Congress really isn't much better. It would be good to see the government change, but they are not doing it, which means the public will have to change them via their vote and hope the next set will possess more economic savvy and political prowess.

STORY SOURCE

Obama defends loan to Solyndra, calling it a 'good bet'

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Artificial Growth

Greedy Green

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

Barack Obama at Solyndra

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

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

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

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

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

Why Did His Advisers Not Warn Him Of The Pitfalls

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

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

Infrastructure Spending

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

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

Stimulus

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

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

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

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

Frivolous Initiatives

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

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

Criminals In The Corporate World

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

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

Bad Advice

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

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

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

Barack Obama

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

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

Barack Obama

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

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

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

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

Barack Obama

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

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

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

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

President Obama at Solyndra

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

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

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

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

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STORY SOURCE

Solar Energy Company Touted By Obama Goes Bankrupt

Why Obama's Policies Are Failing

Barack Obama

Why are U.S. President Barack Obama's policies failing? Because they are not practical. They are expensive, non-priority and prideful. President Obama's obsession with solar power and clean energy has been very costly, as studies have shown, it takes more money to produce electricity and gas in this manner.

President Obama's financial initiatives also lack proper oversight. Money has been thrown all over the place in corporate America and most of it has been hoarded, rather than pumped back into the struggling economy. Regrettably, the President is not being practical or prudent.

When something does not work in political office or the corporate world, one has to possess the resilience to quickly move on to something else. However, President Obama is in denial. As a result of this refusal to accept the current state of the economy and the failures that have sprung from his presidency, the necessary adjustments are not being made to remedy the costly mistakes and wrong turns. Modern translation = brain freeze.

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