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Selasa, 31 Mei 2011

Canada's Economy Is Outpacing America


Barack Obama

The Canadian economy has grown almost 4% this quarter, double that of its American counterpart. When one takes into account, America has more workers and companies, the irony of the Canadian economy outstripping the United States, brings home the fact, there is something terrible broken in the latter's system. No disrespect is intended to either nation, but it is cause to examine the underlying factors hampering America's growth.

America has fallen behind due to Washington allowing financial fraudsters to run loose with criminal conduct and overspending on the part of U.S. President Barack Obama, who has employed this as a means of fixing the economy, for the past two and a half years, to no success (Obama Calls For Job Summit). Regrettably, President Obama has dug a deeper financial hole than his predecessor, via his costly political and economic policies.

As illustrated by website articles, for years, the Judiciary Report, has not been one to criticize without providing viable solutions. However, the site's financial advice of cutting the national budget, instituting a small 5% tax increase on the nation's rich and going back to the very basic and real principle of making products for export to boost job creation, which America mastered between the 1950s-1980s, fell on deaf ears in Washington (the U.S. government has consistently been in the site stats for years, as visitors to the Judiciary Report).

Washington looked at this website like I was speaking Chinese, in proposing such things over the past four years, even predicting the financial crisis in advance (How George Bush Destroyed The U.S. Economy), which happened two years later in 2008. This is ironic, because China has effectively managed their national budget and increased exports over the past few years and in doing so, became an economic titan. If Washington continues on the spendthrift path it is currently on, America will continue to experience economic declines and fall down the world ladder.

STORY SOURCE

Canada's GDP Expands 3.9%

MAY 30, 2011, 10:59 A.M. ET - OTTAWA—Canada's economy expanded at a 3.9% annualized pace in January through March, the fastest clip in a year and more than double the rate in the U.S., as businesses replenished inventories and boosted investment spending and exports rose while consumer and government spending stalled, Statistics Canada said Monday. Gross domestic product growth was marginally below the consensus call of 4%, and also undershot the Bank of Canada's 4.2% forecast. GDP growth accelerated from a downwardly revised 3.1% ...

http://online.wsj.com

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Senin, 09 Mei 2011

U.S. Economy Continues To Worsen As Not Enough Jobs Are Being Created


Barack Obama

U.S. unemployment data released this week reveals, the economy is still in peril, as job creation is moving at a very slow place. While the economy did ad jobs, ironically, it lost more than it gained, in a very disturbing and stubborn pattern that has not relented.

The Judiciary Report has maintained for over two years, the Obama Administration is not addressing the problem of unemployment in the correct manner. Money is being doled out with very little controls, which has led to slack job creation practices and outright financial theft. A competitive bidding system with strong follow up, should have been instituted, to properly monitor the progress of the economy.

Instead, the corporations of campaign donors have received the lion's share of the job creation money and are not doing enough with the funds, to make any substantial headway in the unemployment crisis. The whole nation suffers under said scenario, which continues to happen. Washington needs to correct that.

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Selasa, 26 April 2011

IMF: The End Of American World Dominance Is Nigh

The Bell Is Tolling, But Is Washington Listening

Barack Obama

The International Monetary Fund, which oversees the global economy, sent out a stern pronouncement this week, sure to shake up Washington to its core. The IMF stated the "Age of America" will end by 2016, to make way for Chinese dominance in the world. If you ask me, it has already happened, especially when you take into account the massive amount of U.S. debt China holds and their meteoric rise in the area of global commerce.

While China has worked hard for its place in the world, one can't help but lament America's fall, which occurred thanks to the reckless and villainous policies of former President, George W. Bush. He is squarely to blame for the nation's unprecedented descent in the world, which has been made worse by President Obama's poor policies.

George W. Bush

Washington's refusal to tackle the national deficit, rein in criminals in the corporate sector, who continue to wreak havoc and end the costly wars in the Middle East and Libya, have many financial agencies and authorities, such as the IMF and S&P writing the nation off as the world's preeminent superpower.

America has not even been the dominant empire in the world for a significant period of time, in comparison to other nations in world history who've had that crown. The British, Roman, Babylonian and Egyptian empires lasted far longer at number one than America has thus far. To lose the top spot at this relatively early juncture is regrettable and a painful lesson on what happens when a government goes too far. It is not too late to turn things around, but the White House and Congress refuse to engage in any meaningful fiscal discipline.

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The Economy Has Become A Free For All For Corporate Criminals


Barack Obama

The U.S. economy has become a free for all for corporate criminals robbing and ripping off the people of America. Food and gas prices continue to escalate in the midst of an unyielding financial crisis, fraudulent foreclosures abound and banks continue to horde a trillion dollars they were given by former President, George W. Bush and current Commander-in-Chief, Barack Obama.

You would think the massive bailouts would make banks and other financial institutions more eager to lend and invest in the national community, but it has done the exact opposite. A number of banks are hording bailout funds that came directly from taxpayer money, while engaging in egregious financial crimes against people in America.

The FBI and SEC continue to fail in policing and prosecuting criminals in corporate America, which is greatly hindering any possible recovery. Only an unwise person would believe, the very people that caused the financial crisis, can be trusted to police themselves.

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Jumat, 22 April 2011

Obama Could Rebuild American Cities If...


Barack Obama

Many cities in America have been negatively impacted by the turbulent economic times we live in. However, the city of Detroit, Michigan, has fallen into a state of disrepair, blighted by urban decay, more than any other major city in America. This is due to the ongoing financial crisis that hit the Motor City hard, as many of its citizens' worked in the automotive industry.

Years ago, GM (General Motors), employed 600,000 workers in Michigan. Fast forward to the present and the company has far less employees. Many beautiful buildings in Detroit, are now dilapidated and disintegrating, as there are no revenues and earnings to maintain them.

If President Obama ended the wars in the Middle East and Libya, he could use a portion of the funding from said military action, to build up Detroit, providing jobs and refurbished churches, homes, schools and businesses. Isn't it better to build up America, than bomb other nations.

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Rabu, 20 April 2011

Obama Gearing Up To Spend More Money


Barack Obama

Rumblings in Washington indicate, U.S. President Barack Obama, is gearing up to undertake even more unnecessary spending, despite the fact the S&P flashed him a massive warning to put the breaks on the cash spree.

The U.S. deficit is the highest it has ever been. Congressional Budget Office calculators are crashing and malfunctioning under the strain, but the President is still prepping new, frivolous spending plans and continues to funnel money to costly and unnecessary projects.

Why is it so difficult to cut the national budget and actually stop spending money on frivolities that do not promote financial health. Is it going to take a catastrophe to make the government stop such fruitless spending. The Obama Administration is behaving like a shopaholic and the U.S. Congress continues to increase its credit limit on money the nation doesn't have to blow.

As a result of the ongoing financial crisis, I see so much suffering in America everyday, as I am not out of touch like the Administration and Congress (yes, I went there). It is painfully obvious, if the government earnestly ended the wars in Afghanistan, Iraq and Libya, cutting their funding and used the money in America instead, life would be exponentially better for Americans.

Productive Americans (some with children) that lost their jobs and homes, are becoming homeless at an increased rate, yet the government sees no need to bring the money back home. How can Washington not have money to help them, but can buy thousands of tomahawk missiles for $1,000,000 each.

Some government workers paychecks are being cut and this wouldn't be so bad if it were the people earning higher salaries. No, it's the lower income government workers that are seeing their pay checks reduced and they feel it the most. If you are making $10,000 - $15,000 per year and the government reduces your pay by up to 30%, you will have significant trouble making ends meet.

The government workers that can stomach pay cuts are those making $70,000 - $100,000 per year. They won't go hungry. However, to target lower income government workers, under the guise of tightening the belt in a crisis, is a lot to ask.

Another area the government is wasting money that could be better spent elsewhere is the exorbitant budgets the FBI, CIA, DOJ and Pentagon receive. One can understand giving a decent budget to Homeland Security to protect the nation's borders, but as I see it, the FBI, CIA, DOJ and Pentagon, get up to so much mischief in the nation and the world, they are being given lavish sums to create preventable problems for everyone.

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Senin, 18 April 2011

S&P Changes America's Rating To "Negative" Highlighting Obama's Failure To Tame The Deficit


Barack Obama

Prior to and at the beginning of President Barack Obama's term in office, the Judiciary Report warned about the national deficit and overspending in government. Though the White House and just about every department of the U.S. Government has been logged by site statistic's program Traffic Facts, as readers of this website for years, the warnings went unheeded and now the chickens have come home to roost.

Veteran financial agency, Standard and Poor's, has downgraded the U.S. economy's debt load to "negative" setting a 20-year low for America. The S&P stated of America, "The nation's deficit rose to 11% of total economic output in 2009."

President Obama has added more to the national deficit than any other president in American history. Therefore, regrettably, Obama is to blame for this terrible rating, as he unwisely spent enormous sums of money. Another side effect of the White House's poor fiscal planning is prominent nations are gathering with the goal of dropping the U.S. dollar as the world's premier currency.

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Sabtu, 16 April 2011

Obama Wants Americans To Vote On Feelings Not Facts


Barack Obama pulled the trigger on the economy

U.S. President Barack Obama stated to the Associated Press, regarding his reelection campaign, "Americans will feel that I deserve a second term." That's a strong sense of entitlement for a presidency, whose numbers are dismal and discouraging.

Where is the proof you deserve a second term. The economy is in the toilet and the deficit is higher than it has ever been. You are attempting to legalize things most Americans do not want, while pushing unsound fiscal projects that promote national bankruptcy.

All Obama had to do when he went into office was make budget cuts and global trade deals, then wait for the money to roll in. Instead, he has been throwing money out the White House window and it bred an even worse financial crisis.

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Jumat, 15 April 2011

Unemployment And Inflation Rise In America

Barack Obama

Contrary to what the Obama Administration has stated, America has not come out of the recession, which is actually a depression. The economy has not stabilized, evidenced by growing job losses, inflation and the deficit spiraling out of control.

It’s a cruel thing to do in lying to the nation and the world, when people are still suffering under the same financial woes that have worsened. President Obama was warned when he first took office that he could not use the taxpayers money to buy his way out of the financial crisis, but he tried to anyway and it has created a bigger mess.

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Selasa, 12 April 2011

If Obama Had Ended The Wars And Not Started Another One…

Most Of America's Financial And Social Problems Would Be Solved

Barack Obama: I wish I was out shooting hoops

The wars in Afghanistan and Iraq, initiated by President George W. Bush and perpetuated by current head of state, Barack Obama, have cost the U.S. taxpayers close to $2 TRILLION DOLLARS. Imagine if that money had been spent at home.

President Barack Obama has also started a war in the African nation of Libya, which has already cost the American taxpayer billions. If President Barack Obama had stopped former President Bush's wars in the Middle East and not initiated a new one in Libya, America would be so much stronger than it is today.

The job crisis would be solved. Business and exports would be plenty. Foreclosures would have plummeted, as more people would be working again and able to pay their mortgage. University scholarships would be plentiful, leading to a greater level of education and pay for Americans. The greater the level of education, the stronger and more innovative the work force.

But what do we have instead? Soldiers continue to die abroad, leaving their families grief-stricken. Americans are unemployed in great numbers. Home foreclosures are escalating. Banks continue to close. The national deficit continues to climb. Services for the poor and disabled continue to be mercilessly and drastically cut by the government to pay for more bombs to drop on people. I was hoping for more from the Obama presidency than this.

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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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Report: The Cost Of Living In America Has Risen

Barack Obama

A recently released report indicates, the cost of living in America has risen, which is terrible in light of the fact unemployment has steadily done the same as well. To have these two components of the economy rising, reveals the government is failing in taming the current financial depression.

Normally, during a recession or depression, the cost of living begins to decrease, as retailers and service providers observe and adjust to the financial climate. This anomaly in America indicates that is not happening. This is most likely due to the bailout giving a number of companies in the corporate sector a false sense of security, leading them to believe they can charge people whatever they feel like.

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Rabu, 09 Maret 2011

Poll: Obama Is Taking America In The Wrong Direction


Barack Obama

According to a prominent poll released this week, most Americans believe, U.S. President, Barack Obama, is moving the nation in the wrong direction. President Obama's economic policies leave much to be desired. It is not a winning recipe for success and regrettably, America is finding this out the hard way, as the unemployment crisis rolls on at a terrible rate.

However, the President is determined to stick to the current course of action he has chosen, despite the fact it is not working. Former President Bush destroyed the U.S. economy, but Obama has been unable to fix it, due to his political plans creating unintended side effects.

President Obama needs to press the brakes on the heavy spending, as he is creating a situation that will have negative consequences for many years in the debt department. Sadly, the President is not attuned with the people, in regards to the populace's wishes for America.

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Poll: US Going In Wrong Direction

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Selasa, 08 Maret 2011

What Will Be The Tea Party's Impact On The 2012 Elections

The White House in Washington, D.C.

It will be interesting to see what the American Tea Party movement, does to the vote in the forthcoming presidential and congressional elections in 2012. They have certainly galvanized the Republican base with a collective grassroots campaign that drove many voters to the polls.

Democrats are strategizing as well, after the "shellacking" they were subject to last year. Frustration with the economy is driving much of the discontent in America and understandably so, as people need jobs to provide for their families. The American way of life has been turned upside down through financial hardship.

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