Showing posts with label spending. Show all posts
Showing posts with label spending. Show all posts

Sunday, January 29, 2017

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...


RELATED ARTICLES
Posted by at
Labels: , , , , , , , , ,

Wednesday, October 26, 2016

President Barack Obama Slammed In Government Report For Spending $3,600,000 Of Taxpayer Money On One Weekend Of Golfing With Tiger Woods

 
Barack Obama

The U.S. Government Accountability Office has released a report slamming President Barack Obama for spending $3,600,000 of American taxpayer money on one weekend of golfing in Illinois and Florida in February 2016. Obama spent the weekend golfing with Tiger Woods, whose putter he can't even carry (I'm not going to indulge Obama's delusional fantasy that he is Tiger Woods on the golf course and Michael Jordan on the basketball court).

I ask, what is wrong with the golf courses near the White House in Washington, D.C., Virginia and Maryland. Many people use them and have no complaints. Yet Obama is constantly flying to Florida and Hawaii to golf and on the taxpayers' dime. It doesn't look good. They have no conscience. They went into office virtually broke, then along with their cronies, raided the U.S. treasury.

Obama has been living like a king on taxpayer money and so has his wife, First Lady, Michelle Obama. They have spent more taxpayer money on themselves than any other first couple in U.S. history. They should be embarrassed and ashamed of that. Being head of state is about public service, not the public serving you with their time and tax dollars.

 
Michelle Obama

Senator John Barrasso, the ranking member of the Senate Environment and Public Works Subcommittee on Transportation, excoriated Obama for his wasteful conduct, regarding the pricey Illinois and Florida golf trip. Barrasso stated, "At a time when government agencies and programs were preparing to implement tough cost saving measures in order to meet the budgetary constraints of sequestration, President Obama chose to use taxpayer money for a weekend trip to play golf."

This $3,600,000 golf trip adds to the $70,000,000 the Obamas have disgracefully spent on vacations while in office (that massive figure does not even include their expensive  vacations this year, as they've not been included in the tally at this time). Do you know how many poor people could have been fed with that money. Do you know how many teenagers could have been sent to university with that money.

Obama's behavior is this regard is terrible. It shows a great lack of character and decency to waste taxpayer money on such a grand scale. It's a sign of poor breeding. There's no excuse for this and to make it worse, it occurred during difficult financial times in America.

STORY SOURCE

Taxpayer Tab For Obama Trip That Included Golf With Tiger Woods: $3.6 Million

11:13 PM 10/24/2016 - Taxpayers shelled out millions of dollars in 2013 when the golf-addicted President Obama took Air Force One to Florida on vacation and played a round of golf with Tiger Woods, according to a new government study. From Feb. 15-18 in 2013, the president went on a four day trip that included an official speech in Chicago and some leisure time in Palm Beach, Florida.

According to a forthcoming report by the Government Accountability Office that was obtained early by The Daily Caller, the government spent a total of $3.6 million to fly, protect and support the president during this trip to Illinois and Florida. The GAO report was requested by Sen. John Barrasso, a Republican senator from Wyoming. The letter was sent during the political debates of 2013 over the automatic spending cuts to government services, known as sequestration.

In November of 2013, Barrasso — who was the ranking member of the Senate Environment and Public Works Subcommittee on Transportation and Infrastructure — asked the comptroller general of the United States to have the GAO “assess the costs to taxpayers for President Obama’s trip to Florida in February.”

“At a time when government agencies and programs were preparing to implement tough cost-saving measures in order to meet the budgetary constraints of sequestration,” Barrasso wrote, “President Obama chose to use taxpayer money for a weekend trip to play golf. I have heard from a number of concerned constituents in my state who believe the money used for this trip could have been spent in a manner that would have reduced the federal deficit or have helped reduce the impact of sequestration on the public.”...

 
Posted by at
Labels: , , , , , , , , , , , , , ,

Tuesday, September 20, 2016

Obama Is Giving Iran 1.7 Billion Dollars In Taxpayer Money In Violation Of Longtime U.S. Policy


Obama spending America's money like a drunk sailor
 
U.S. President Barack Obama, has made the first 400 million dollar payment of 1.7 billion dollars, to be paid to Iran, whose government has repeatedly vowed to wipe America off the face of the earth. Obama sent the 400 million in cash via a secret airplane drop, delivering the huge sum of U.S. taxpayer money to the Iranian government.

Obama claims the payment was made in cash, as America has no banking relationship with Iran. However, the U.S. Treasury Department has confirmed that on two previous occasions, in unrelated matters, the American government has wired Iran money. Therefore, the Obama Administration is not being truthful. All this taxpayer money went to Iran, with no accountability and will be hard to trace.

STORY SOURCE

U.S. wire payments to Iran undercut Obama
 
09/18/16 07:29 AM EDT Updated 09/18/16 08:23 AM EDT - The United States made at least two separate payments to the Iranian government via wire transfer within the last 14 months, a Treasury Department spokesman confirmed Saturday, contradicting explanations from President Barack Obama that such payments were impossible. 

Responding to questions at an Aug. 4 press conference about a $400 million payment delivered in cash to the Iranian government, Obama said, “[T]he reason that we had to give them cash is precisely because we are so strict in maintaining sanctions and we do not have a banking relationship with Iran that we couldn't send them a check and we could not wire the money.” 

But a Treasury Department spokesman acknowledged on Saturday that on at least two occasions, the U.S. did make payments to the Iranian government via wire transfer. 

That $400 million cash payment that Obama said could not have been delivered any other way was part of a larger $1.7 billion settlement with Iran, the remainder of which was also delivered in cash. The $400 million, paid in January to settle a decades-old dispute over military equipment order by the late shah of Iran, was sent through intermediary central banks in Europe, who then delivered pallets of euros, Swiss francs and other currencies to Tehran.
Posted by at
Labels: , , , , , , , ,

Former Federal Reserve Chairman Alan Greenspan Sends Out Dire Warning About Obama Administration ‘Crazies’ Spending America Into Bankruptcy


Alan Greenspan
 
The Judiciary Report has consistently maintained for the past couple years that America is being spent into bankruptcy (Obama Economy Worst On Record Since The Great Depression). This week, former chief of the U.S. Federal Reserve, Alan Greenspan, stated in Washington, "It is the worst economic and political environment that I’ve ever been remotely related to. Politically, I haven’t a clue how this comes out. We’re not in a stable equilibrium. I hope we can all find a way out because this is too great a country to be undermined, by how should I say it, crazies."

The U.S. government, under President Barack Obama, has been undermined by "crazies." Right now Obama is trying to help elect one of those "crazies" in the form of Hillary Clinton (Hillary is not all there). Did you know that during Hillary Clinton's time as U.S. Secretary of State in the Obama Administration, $6 billion dollars went missing from the State Department. That's your tax money gone...stolen! To anyone who has not seen the documentary "Clinton Cash" I highly recommend you do so. The Clintons are crooks and criminals.  

President Obama has unwisely spent $1 trillion dollars while in office and the overwhelming majority of it went to fruitless endeavors. Not to mention Obama's expensive vacations (The Obamas Cost American Taxpayers $70,000,000 In Luxury Vacations And Fought To Hide The Bills Showing The Lavish Spending).


The Obama Administration has raided the U.S. Treasury
 
Obama's behavior is inexplicable. There's the massive pay for play scandal regarding unqualified individuals, who gave to Obama's election and reelection campaigns, being awarded posts in his administration and ambassadorial positions worldwide, representing America when they are politically and intellectually ill-equipped to do so. 

It is dangerous and not in the best interest of a nation to do such a thing. Politics is not a joke. Innocent people have and could die when unqualified people are given posts above their skillset. These individuals were given cushy jobs, with big salaries and lavish expense accounts all on the taxpayer's dime. That's your tax money wasted. 

Obama has inexplicably given $500,000,000 in taxpayer money to Al Qaeda and ISIS controlled terrorist groups in Syria (Obama Administration Loses $500 Million Dollars In Taxpayer Money As Rebels They Trained Give U.S. Weapons And Equipment To Al Qaeda In Syria). Obama has also inexplicably given Iran, a country threatening to wipe America off the map, $400,000,000 in ransom money for 4 people, when America's domestic and international policy has always been not to financially negotiate under such circumstances. 

STORY SOURCE

Greenspan Worries That ‘Crazies’ Will Undermine the U.S. System
 
September 14, 2016 — 12:02 PM EDT - Former Federal Reserve Chairman Alan Greenspan voiced concern that the U.S. economic and political system could be undermined by what he called “crazies.” “It is the worst economic and political environment that I’ve ever been remotely related to,” Greenspan, 90, told a conference in Washington Tuesday evening sponsored by Stanford University and the University of Chicago.

On the economic front, the U.S. is headed toward stagflation -- a combination of weak demand and elevated inflation, according to Greenspan. “Politically, I haven’t a clue how this comes out.” “We’re not in a stable equilibrium,” he said. “I hope we can all find a way out because this is too great a country to be undermined, by how should I say it, crazies.”…

Greenspan repeated his concern on Tuesday that increased government spending on social security and healthcare are crowding out private investment and leading to slower economic growth. He bemoaned the fact that neither presidential candidate was talking about reining in those expenditures.
“Nobody wants to discuss it” for fear of a political backlash, he said.

http://www.bloomberg.com

REPORT: Obama Admin Airlifted $400,000,000 to Iran as Americans Freed
 
2 Aug 2016 - Seemingly violating the claim that America doesn’t negotiate with terrorists and hostage takers, reports have revealed that the Obama administration organized an airlift to transport $400 million in cash to Tehran which coincided with the January release of four Americans taken prisoner by Iran. 

Reports say wooden pallets stacked with a variety of currencies were loaded onto an unmarked cargo plane and flown to Iran. American officials procured the money from banks in Switzerland and the Netherlands, according to the The Wall Street Journal report. The money was purportedly only the first installment of a $1.7 billion deal the Obama administration reached with Iran over an arms deal brokered with the Shah of Iran just before the Mullah’s took over in 1979. 

But the payments also came just as Iran was releasing Washington Post reporter Jason Rezaian, former U.S. Marine Amir Hekmati, Christian pastor Saeed Abedini, and Nosratollah Khosravi-Roodsari in January of this year... 

http://www.breitbart.com

$6 Bil Vanishes From State Dept. Under Hillary Clinton
 
APRIL 07, 2014 - In a mind-boggling example of how the government blows—or perhaps steals—our tax dollars, billions vanished from the U.S. State Department mostly while Hillary Clinton ran it, according to a new alert issued by the agency’s inspector general. 

Could the former Secretary of State be using the cash to fund an upcoming presidential campaign? In all, $6 billion are missing and it’s highly unlikely any of the money will ever be recovered. The cash was supposed to be used to pay contractors but it just disappeared and documents that could help track the dough cannot be located. How convenient! The paper trail, which federal law says must be maintained in the case of government contracts, has been destroyed or was never created to begin with...

http://www.judicialwatch.org

State Dept. misplaced $6B under Hillary Clinton: IG report
 
Friday, April 4, 2014 - The State Department misplaced and lost some $6 billion due to the improper filing of contracts during the past six years, mainly during the tenure of former Secretary of State Hilary Clinton, according to a newly released Inspector General report. The $6 billion in unaccounted funds poses a “significant financial risk and demonstrates a lack of internal control over the Department’s contract actions,” according to the report.

http://www.washingtontimes.com

RELATED ARTICLES


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


Obama Administration Armed The Drug Cartels And ISIS At U.S. Taxpayers Expense






Posted by at
Labels: , , , , , , , , , , , , , , , ,

Saturday, September 10, 2016

Obama Economy Worst On Record Since The Great Depression


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

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


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

RELATED ARTICLES




 







Posted by at
Labels: , , , , , , , , , , , , , ,

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.   
Posted by at
Labels: , , , , , , , , , , ,

Sunday, July 31, 2016

Haiti Needs To Strengthen Legislation To Help With Earthquake Rebuilding Effort


"Clinton Cash" exposes the Clintons as outright criminals who ripped off Haiti after the massive 2010 earthquake
 
The island nation of Haiti needs to change its legislation to make it more difficult for people to financially exploit their country. The former President of Haiti, Francois Duvalier, misappropriated millions of dollars in state funds living lavishly on the people's money. When his son, Jean-Claude Duvalier became President of Haiti, he and his wife, Michele Bennett also misappropriated millions of dollars of state funds. When Jean-Claude fled Haiti due to an uprising, he and his wife absconded with state funds. The couple hastily moved to France and went their separate ways. 

Jean-Claude initially lived in a luxury hotel. However, his bills soon piled up. He fell on hard times and ended up moving in with a woman who supported him in her modest flat. However, his ex-wife Bennett and their children, who are now adults, have been living lavishly off a reported $94,000,000 in funds stolen from the Haitian people (taxpayers). Bennett should be legally forced (compelled) to turn over all the money to Haiti. The assets she purchased abroad with state money should also be seized, auctioned and given to the Haitian people.  

In 2010 a catastrophic magnitude 7.0 earthquake decimated much of Haiti's capital Port-au-Prince. Over 200,000 people died. Many were buried in heartbreaking mass graves. It has been a humanitarian crisis of terrible proportions. The level of human loss and suffering is incalculable. Many rushed to help Haiti. However, some took advantage in acts that are cruel and wicked (all of you who did this, make no mistake, God is going to bring it right back around to you). 

Legislation should be passed through the proper channels in an effort to repatriate stolen funds and other assets that belong to the people of Haiti. Further legislation should be passed to lay out stiff criminal penalties to those who rip off the nation, to act as a deterrent and aid in insulating the country from such problems.


Michele Bennett and Jean Claude Duvalier
 
Haitian rapper, Wyclef Jean, raised and misappropriated $10,000,000 in charity donations that was meant for the island. The money was donated to Wyclef's Yele charity that was recently closed by the state of New Jersey, where he lives, over impropriety. Wyclef's assets and that of the charity should have been seized, liquidated and given to the people of Haiti. 

Over $13 billion dollars was donated to Haiti after the earthquake and was placed into a fund managed by former U.S. president Bill Clinton and his wife, current presidential candidate, Hillary Clinton. The money was for a rebuilding effort, but billions of dollars have been misappropriated and Haiti's capital still needs to be rebuilt (see free documentary 'Clinton Cash' for details).

None of the aforementioned incidents over the past 30 years was fair to Haiti. There are people in Haiti whose homes were destroyed by the earthquake, with an estimated 200,000 still living in tent cities. There are poor and hungry people in Haiti who are suffering, as their lives were destroyed by the earthquake. All the stolen funds over the past thirty years, need to be repatriated to Haiti to rebuild the nation and feed the poor and hungry. Haiti has high poverty levels and needs the help.


Wyclef Jean
 
I remembered reading an article years ago about the late Venezuelan President, Hugo Chavez, that in addition to building homes locally for the poor of his nation, he also bought prefabricated homes from other nations. Since 2011 several hundred thousand homes were built under Chavez's Great Housing Mission drive, mostly for low income and poor families. Haiti needs something similar via a financial and construction drive to help solve the housing crisis that occurred due to the quake. Haiti also needs a stronger building code to help withstand natural disasters.

The Duvaliers squandered so much taxpayer money and foreign aid, after promising to build Cite Soleil for the poor. It is apparent the building code on the island needed revision from then to put the island's buildings on firmer foundation. Natural disasters happen everywhere. However, through science and technology some of the damage can be mitigated.

Just two days ago a magnitude 4.6 earthquake struck the other side of the island Haiti shares with the Dominican Republic. Natural disasters are a fact of life. The world must do its best to build and prepare for them in the safest way possible.

RELATED ARTICLES




Posted by at
Labels: , , , , , , , , , , , , , , ,

Wednesday, July 6, 2016

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 
 
 
RELATED ARTICLES 
 
 
 
 
 
 
Posted by at
Labels: , , , , , , , , , , , , , , , , , ,

Sunday, July 3, 2016

American National Debt Hits Another Record High Under President Barack Obama


Barack Obama
 
A recently released report reveals, "Total government debt hit a record $19.38 trillion on Thursday, up nearly $98 billion from the day before. It's the first time it has ever exceeded $19.3 trillion.
The debt will soar higher still in the coming months, and is expected to approach $20 trillion by the time President Obama leaves office." 

People who love to spin everything Obama does, please explain this. For Obama’s entire presidency I stated he needs to stop the excessive spending. However, Obama and his cabinet just kept on spending to the point America’s debt is at an all time high. Obama has spent more than any other US president. Tell me, how is that a good thing setting record debt. This is not something any head of state should want attached to their name and under poor economic conditions in a nation. 

History, the basic principles of government and finance state, you cannot operate in such a manner and not see adverse results negatively impacting the population. All the spinning in the world will not matter when America goes bankrupt and the nation's way of life negatively changes due to the overspending that occurred during this time. However, with some irrational people, when it comes to Obama, everybody’s a hater. No, you just don’t know basic math (Newly Released Financial Data Reveals America Has Hit An Unprecedented Economic Low Under President Obama). 

Some of you sound like programmed robots. Everything coming out of your mouths, no matter the subject or unrelated the theme is, "OBAMA, OBAMA, OBAMA, OBAMA, OBAMA" like you're brainwashed, like someone wiped your brain clean of all logic, common sense and diversity. Somebody could be talking about a piece of gum on the ground and some brainwashed folks will find a way to turn the conversation into "OBAMA, OBAMA, OBAMA, OBAMA, OBAMA." There's a lady I knew that was like that, like her life depended on it, due to the government harassing her to speak to me over this column, because clearly the megalomaniac, censorship loving Obama Administration thinks free speech and free press, as guaranteed by the Constitution, is something to be obsessively violated (see RELATED ARTICLES for other examples of the Obama Administration targeting journalists and bloggers).  

Tell me, how was it wrong to state from the beginning of his presidency, that Obama should go with austerity to correct financial deficiencies in the U.S. economy, damaged by former President George W. Bush. Instead, Obama spent a record amount of money, more than Bush and the U.S. economy is now at the worst place it has ever been. Apparently, telling people the truth for their own good and the overall good of society, makes one a hater. 

STORY SOURCE

National debt jumps nearly $100 billion in one day to record high

7/2/16 12:01 AM - The U.S. national debt is creeping up again, after holding steady for the last few months thanks to the annual flood of individual and corporate tax receipts. Total government debt hit a record $19.38 trillion on Thursday, up nearly $98 billion from the day before. It's the first time it has ever exceeded $19.3 trillion. The debt will soar higher still in the coming months, and is expected to approach $20 trillion by the time President Obama leaves office. 

The total debt had been essentially flat since March, when it hit $19.2 trillion. Growth in the national debt often slows or plateaus in the spring and early summer, as tax receipts in April help balance out federal spending that's on a current pace to exceed receipts by $500 billion. 
Posted by at
Labels: , , , , , , , , ,

Thursday, June 23, 2016

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.
Posted by at
Labels: , , , , , , , , , , , , , , , , , ,
Subscribe to: Comments (Atom)