Debt Ceiling Increase Did Nothing To Allay Investor Fears
Barack Obama
As mentioned last night, the U.S. stock market is in a bad way. This morning things got worse, as it plunged 500 points, taking it back to the height of the 2008 financial crisis. The passage of the congressional bill, to raise the U.S. debt ceiling by $2.4 trillion dollars, did nothing to assuage the markets. It was a very risky political gamble for President Obama that has not paid off.
Barack Obama so glad to get out of Washington yesterday he can barely contain his excitement...either that or Rush Limbaugh quit (he didn't)
U.S. President, Barack Obama, turned the big 50 this week, which coincidentally, can't be said for his approval ratings in office, which fell like the stock market, after his debt ceiling deal with Congress on Tuesday.
Obama to Jennifer Hudson: Girl, you got skinny!
For those that chose to celebrate with Obama at his birthday dinner/party/fundraiser in Chicago last night, featuring such stars as Jennifer Hudson, it cost them $35,800. For that kind of money, for dinner he should have served diamonds with a side order of pearls.
Obama: thank you suckers guests for buying a $35,800 ticket
If guests also opted for a picture with the President, it cost them an additional $10,000. Then again, one could have gone the cheaper route by just getting Photoshop and slapping his picture with theirs and pressing print. Hey, ifthe FBI can play around with Photoshop, can play around with Photoshop, so can you (LOL). Never let it be said that the Judiciary Report doesn't help you save money during the financial crisis.
Remember on July 29, 2011, in the article, Soulja Boy Buys $55 Million Dollar Jetthe Judiciary Report humorously questioned rapper Soulja Boy's claim he bought a $35,000,000 private jet and was spending $20,000,000 to redo the interiors, simply by asking him "Boo, are you selling drugs on the side." I knew it would provoke a response.
The next day, on July 30, 2011, Soulja Boy's representative came out and said the story the rapper fed website TMZ on July 28, 2011 (Soulja Boy Drops $55 MILLION on Private Jet), who spread it all over the internet, was not true. Scared of the Feds, huh, Soulja Boy.
7/30/2011 7:15 AM PDT - Soulja Boy -- along with several members of his inner circle -- perpetuated a lie about purchasing a $55 million G5 jet ... at least that's what a spokesperson for Soulja is now saying. Earlier this week, TMZ spoke with Soulja, a member of his management team named Shai Storm and Soulja's assistant -- who all verified Soulja dropped the cash on the private jet as a 21st birthday gift to himself.
In fact, Soulja even went on a radio show yesterday in Miami -- after TMZ's story posted -- and when asked if he bought the plane, coyly told the DJ he was "G5 status" ... but never said the story was false.
Now, Soulja's "spokesperson" Greg Miller has issued a statement on behalf of the rapper ... saying the "elaborate rumors" are "not true." Funny, because when our reporter spoke with Soulja earlier this week -- and asked him directly, he responded, "Hell yeah ... I bought it." Sadly, so did we.
Since Miller's statement, TMZ has made dozens of calls to Shai Storm -- but he hasn't picked up up. Storm did return a text message saying he was instructed that all media relations are now going through Miller.
"The Obama Deception" is an interesting documentary about U.S. President, Barack Obama and his connection to the questionable Bilderberg Group, consisting of a consortium of the world's richest men and women, who discreetly meet every year, in a bid to dictate world finance. Like George W. Bush before him, President Obama has fawned over the greedy group, comprised of billionaires looking out for their bottom line and not the financial health of the general public. The film makes a number of interesting points.
President Obama made many promises on the campaign trail in 2008, only to break the majority of them when he took office. The Bilderberg Group and other wealthy campaign donors, are largely responsible for this irresponsible shift in position. Obama has tried to play both ends against the middle, deceiving one group (the poor and middle class) while appeasing another (the rich). As the phrase goes, one cannot stand on both sides of the issue.
The poster for "The Obama Deception" might be misleading to some, as the movie does not so much imply the president is an Uncle Tom, but reveals his agenda has now become that of Wall Street, mostly comprised of very wealthy white men.
The film also explores America and Britain's oligarchs and the role they have played in shaping world finance. The film accuses the rich of having President Kennedy assassinated, for philosophically breaking ties with them, in turning his attention in office to matters such as ending the war in Vietnam, civil rights for minorities, "cutting the Fed down to size," world peace and developing a space program.
The documentary contends Kennedy's assassination was a warning to all future presidents never to do this again, in a message of, "Do as you are told or die." The film states, "John F. Kennedy had enraged the entire elite network" as they thought he would be a "puppet" due to his "pro-Nazi father." However, he rebelled against the elite's wishes.
It's ironic, as Obama started his presidency much the same as Kennedy, even reminding me of him in some ways, but the current president made an abrupt turn one year after taking office. Many people noticed this and commented on it as well.
According to the film, Obama has become the most Wall Street president in U.S. history, with his appointment book reflecting this leaning. The film states, "It is the most extreme Wall Street administration we’ve ever had" and "no one else counts for anything else under Obama." It's a shame, because the president started off with good goals that have now become corrupted.
Rupert Murdoch, a corporate CEO, not elected to office anywhere in this world, has been revealed to be a complete criminal, attempting to run world governments as he sees fit. Here is this man, who no one voted for at any time, who has been controlling the British government through "bullying" and "blackmail" as admitted by the Labour Party in London and basically bought enough U.S. Congress members with donations they refuse to give back, to push through his agenda for America. Who is he to do that.
In Australia, politicians have spoken out regarding the unsavory and abusive tactics Murdoch has used to control and manipulate them into doing his bidding. He uses his newspapers to force elections being called whenever he feels like and creates career breaking scandals on politicians that will not bow to his agenda. Murdoch should not have been allowed to meddle in international politics, as he is an elitist, racist snob, whose greed for money knows no bounds.
Rupert Murdoch and third wife Wendi Murdoch
Through credible published reports from a variety of press outlets, the world has discovered, Murdoch has a network of private investigators and hackers, ensconced in his companies around the world, that engage in illegal wiretapping and hacking, also known as phone hacking (among other things). Murdoch and company also bribe police officers in different countries for privileged information and the GPS location of people they wish to spy on, known as "pinging." The latter was revealed through the mainstream press, in the British leg of the phone hacking scandal.
The contents of the illegal surveillance is then printed in Murdoch's News International newspapers and broadcasted on his networks Fox, Fox News and Sky, for profit, all under the umbrella of his company News Corp. Murdoch is not the only CEO that is doing this, but more on that later.
Rupert Murdoch is a member of the Bilderberg Group, a secretive organization dedicated to dictating world finance for their profit, at the public's expense. The photo posted above is the Bilderberg Hotel, where the Bilderberg Group's first meeting took place. For more on the Bilderberg Group visit www.bilderbergmeetings.org/index.php and www.en.wikipedia.org/wiki/Bilderberg_Group
Murdoch and others like him in the Bilderberg Group, are behaving like a shadow global government trying to rule the world and the public resents it. They have tried to institute a new world order, via controlling politicians in different countries, through coercive tactics, as painfully seen with Murdoch. It is my literal prayer that if the damaging conduct does not desist, God will expose each and every member engaging in criminal activity, as Murdoch has and bring about circumstances that brings them to justice and the group to a screeching halt.
U.S. Federal Reserve Chief, Ben Bernake, headed to the 2010 Bilderberg Group meeting
They think they are God and are to know and see all, hence the perverse phone hacking and GPS tracking. At the end of day, the aforementioned people are not God and it is not a good idea trying to be Him, because He will cut you down through trials and circumstances that will break you. You need to stop this invasive and abusive madness against innocent people, before it completely destroys you.
Playboy founder, Hugh Heffner, 85, was slammed by his ex-fiancée, Crystal Harris, 25, for being bad in bed. Harris went on the disgraceful Howard Stern show and said and I quote, Heffner only lasted "two seconds" in bed when they had sex. According to Radar Online, the Howard Stern interview with Harris went like this:
On Tuesday, Harris sat down with Stern, who asked her, "Did you have an orgasm when Hef f----d you?"
"No!" Harris said, before making a face of disgust.
"How long did this horror situation last, the actual sex?" Stern asked the one-time Playmate.
"Like two seconds," Harris said.
"Two seconds and Hef [had an orgasm]?" Stern asked.
"Ehh, I was over it ... I just like, walked away," Harris replied. "I'm not turned on by Hef, sorry.
Honestly, physiologically speaking, I'm stunned the increased blood flow to his heart didn't kill him. There is nothing wrong with people of an advanced age having sex, but with people they are married to in the same age bracket. If they had married, Harris could have killed this man through sex, taken all his money in the will and legally so, by simply getting too frisky with him.
Crystal Harris and Hugh Heffner
When a woman in her 20s or 30s, marries a rich man in his 80s, it is usually for money. But after the marriage to the 80-year-old, let her see Tyrese Gibson or the dude from Captain America (Chris) and she will think to herself "What have I done!" (LOL).
You know this was Harris watching Chris in "Captain America" (LOL)
A ten year age gap is one thing, but when it gets to be a 50 plus year difference, there's going to be problems. However, if you are a young woman that married a man much older than you are, you need to be faithful to him.
Crystal Harris
Heffner was offended by Harris' statements, but it is hypocritical considering he has been degrading women for decades via nude and salacious Playboy magazine spreads and television programming. It has given men unreal expectations of what women should be and led to assaults on females by oversexed beasts. It's time you shut it down and do something useful for society.
Casey Anthony smiling as she is released from jail
Casey Anthony and her parents, are said to be demanding exorbitant sums of money for tell-all interviews on the suspicious death of her 2-year-old toddler, Caylee Anthony. They do not deserve a dime. Some suspect beautiful little Caylee was given a large dose of chloroform to put her to sleep, while her mom Casey went out and partied, as her grandmother refused to baby-sit.
George Anthony and wife Cindy Anthony
Thanks to Casey not reporting Caylee missing for an entire month, then disposing the toddler's body in a completely disrespectful manner, via tossing her lifeless little frame in the bushes, where animals began to feed on her remains, the prosecution in her murder trial, were unable to establish the manner in which she died. Out of respect for Caylee, the Anthony family should not be given any compensation for any interviews.
Caylee Anthony
Yet, news has leaked that Casey Anthony wants $1.5 million and her parents snickered at a $250,000 offer to tell their stories on television, wanting more. It really is not right. Since when does society reward such behavior. People are outraged, yet Hollywood continues to make financial offers to the dysfunctional Anthony family, disrespecting Caylee's memory and the public's wishes.
Published reports indicate congressional Senator, John Boehner, has walked away from the debt ceiling debate, against President Barack Obama, exasperated that they have been unable to come to a final agreement. There is talk that Obama's own Democrats are angry with him over the lack of progress. The press and public had hoped the issue was almost resolved, but the latest on the negotiations illustrate otherwise.
"Video: Speaker Boehner: Time for the No-Budget Senate to Act on Cut, Cap & Balance"
Prominent Republican senator, John Boehner, took to the podium today, to announce the Republican party has developed a financial plan for America, but await a response from U.S. President, Barack Obama, regarding the course of action he intends to take. The clock is winding down to the August default deadline, in the debt ceiling debacle Congress is currently presiding over.
Barack Obama
The regrettable fact regarding the congressional fighting, excuse me, debates, is neither side has been able to take the better ideas from each party and merge them into one proper solution. Overall, the Republican party has the better, more prudent economic plan save for the no taxes clause, which, frankly, is a problem.
John Boehner
The Democrats' financial plan has too much spending, but its true redeeming factor is the tax increase on the rich, which would make a big difference (provided the money isn't squandered by too much spending again). Really, is it that hard to compromise with each other. Even the government had to admit this week that the talks have become unusual and strangely stalled, in comparison to past negotiations. Something is wrong.
In a jab at U.S. President, Barack Obama, leading Republican, John Boehner, outlined his party's economic and political plans for America, in the wake of a terrible financial crisis. Boehner also went on to state, President Obama has no financial plan for America, only issuing speeches in the face of serious issues.
Senator John Boehner (left) and President Barack Obama (right)
As the deadline for the debt ceiling nears, the President and his fellow Democrats, are locked in negotiations with rival Republicans and it appears they have made very little headway. Here's hoping both sides will accomplish something in the coming days.
U.S. President, Barack Obama, is reportedly very frustrated with the lack of progress in negotiations, regarding America's debt ceiling. He lashed out in anger this week stating, "I have reached the point where I say enough. Would Ronald Reagan be sitting here? I’ve reached my limit. This may bring my presidency down, but I will not yield on this." Currently, if there's anything that is going to bring Obama's presidency down, it is his unprecedented government spending, with no results to show for it, as the economy continues to worsen in every way.
John Boehner
On the other side of the aisles, top Republican, John Boehner, is sticking to his guns on not raising taxes on the rich (which the Judiciary Report does not agree with) and budget cuts (which the Judiciary Report does agree with). It is in times like these, it is beneficial to look to economic plans of the past that worked and within reason, apply those lessons to the challenges of today.
R. Kelly's $2,900,000 house of horrors in Olympia Field, Illinois, where he made sex tapes of himself, engaged in illegal sexual activity with underage girls, has gone into foreclosure. Rumors surfaced last month that Kelly was going broke from issuing settlements to the families of underage girls he had sex with, even disgracefully urinating on the children in home made child porn tapes.
R. Kelly's house in Chicago, Illinois
However, Kelly rubbished the claims, stating they are untrue. In light of news this week, regarding the foreclosure of his multi-million dollar mansion, there is clearly truth to the rumors. Maybe with his money diminished, there will not be enough funds to bribe underage girls with promises of cash and stardom as singers on his production company.
Democrats and Republicans are fighting in Congress, regarding the debt ceiling, while President Obama threatens to cut off Social Security, stating he cannot guarantee that seniors checks will go out next month, on August 3, 2011.
Has he lost his mind. Seniors are going to remember that and attribute it to him. They paid into Social Security for decades, to receive their money during old age and not for a president to summarily decided such a thing.
If President Obama had not wasted so much money on unnecessary spending initiatives and thrown so much cash out the White House window, on overblown stimulus packages, with significant funds stolen and misappropriated, America would not be in this bind.
Barack Obama
President Obama should have raised taxes on the rich from day one of his presidency and used the funds to pay down the national debt and create jobs. President Clinton created 23,000,000 jobs by raising taxes during his time in office, which was recorded as the most financially prosperous in U.S. history. Others have done the same in the past, in other nations, such as Margaret Thatcher in Britain, creating new jobs with freshly raised tax money.
Now President Obama has his back to the wall, after massive, fruitless expenditures and is threatening seniors over Social Security they already paid for. What exactly did the government do with their money. As the Judiciary Report sees is, messing with Social Security is like dipping into pension funds, something you just don't do. You really must not want a second term.
The Democrats need to desist with the excessive spending and the Republicans in Congress need to give up on not raising taxes, because the money is needed. America has many billionaires, millionaires and individuals earning over $250,000 per year that can pay higher personal (and business) income taxes. They live in America and should pay it, after reaping all the funds they did off the nation.
Timothy Geithner, the Treasury Secretary of U.S. President, Barack Obama, admitted in a candid interview last week that the financial hardships besetting America, shall last for a long time. Wrong answer! The people don't want to hear that and the sad thing is, the economy could be repaired, but the Democrats and Republicans refuse to agree on a financially sensible plan.
At the beginning of his presidency, bankers representing Americas top banks, went to the White House to meet with Obama and basically blew smoke up his butt. They talked up their dubious plans and walked away with truckloads of U.S. taxpayer money, only to hoard it, which does not benefit the nation.
Timothy Geithner
President Obama and his team, due to naiveté, inexperience and lobbyists, had such poor oversight, this massive swindling of the American people's tax money, was able to transpire without impedance or accountability on any real level, which is regrettable. Some of the stimulus money also illegally stimulated off shore bank accounts.
It is the Judiciary Report's belief, a line needs to be drawn in the sand with banks and other financial institutions, formally notifying them, if they are not going to productively use the stimulus money in the U.S. economy, they must return the funds or face criminal charges. Taxes also need to be raised on the rich, to help combat the sky high deficit, with some of the funds used to create new jobs, but in a sensible manner (Obama Calls For Job Summit).
WASHINGTON (AP) — Treasury Secretary Timothy Geithner (GYT'-nur) says many Americans will face hard times for a long time to come. He says President Barack Obama rescued the United States from a second Great Depression and will keep working to strengthen the economy. But Geithner says will be some time before many people feel like the country is recovering.
Geithner tells NBC's "Meet the Press" that it's a very tough economy. He says that for a lot of people "it's going to feel very hard, harder than anything they've experienced in their lifetime now, for a long time to come."
Matthew Knowles, the dad and former manger of singer, Beyonce Knowles, has sued Live Nation for informing the singer that he was stealing money from her. Beyonce had a lawyer investigate the matter and uncovered the theft. However, her dad is suing for wrongful dismissal.
Beyonce Knowles
Knowles is known in entertainment industry circles for his cocaine and sex parties with young prostitutes and groupies. His wife, Tina Knowles, Beyonce's mother, left him over the matter, then reunited with him a year later, calling off the divorce, after the birth of a child he had outside of their marriage with a sitcom actress, who is almost half his age.
Matthew Knowles and Tina Knowles
The Knowles family are a clan of outright thieves, who have been hit with a number of unrelated lawsuits from all over the globe, accusing them of stealing millions in cash and copyrights. Therefore, it is ironic, but to be expected that they would steal from each other. There is no such thing as honor among thieves. The Knowles family worship money and will do anything outside the law to get it, in deeds that will get them arrested one day.
Proving his political policies are not working, the latest U.S. jobs reports indicates, the economy added jobs at a very slow pace, which has alarmed government officials in Washington. As many polls have revealed, the economy ranks as the top concern of most Americans. The latest weak economic data coming out of the nation's capitol, is throwing a serious monkey wrench in President Obama's reelection plans, as the economy refuses to stabilize, due to the dangerous and unwieldy spending he continues to engage in.
Congress, on both sides of the aisles, has a responsibility to tell the President no, regarding his substantial spending initiatives. It can't continue like this. Someone needs to press the brakes on all this mad spending that makes no fiscal sense whatsoever. It's time to be sensible about this.
It's time to stop spending so much taxpayer money
When one watches news reports on the subject, the Democrats and Republicans, are fighting and telling everyone within earshot they are doing the right thing and the other party is not. However, what message does each side think it sends the nation, when they cannot even agree on a middle ground, to strike a simple compromise.
The Democrats in Congress are the biggest spenders, as they are liberals bordering on socialists, engaging in financial waste. The Republicans in Congress, are more prudent when it comes to money, but they need to stop holding out for no tax increases on the rich, also known as their friends, because the Treasury needs the money. There needs to be a temporary tax increase. Where else is the money going to come from, with businesses posting declines in revenue.
In view of the horrible financial crisis America is currently mired in, is it fair for President Barack Obama, to ask the public to help him meet his goal of raising an unprecedented $1 billion dollars in campaign donations, for his 2012 reelection bid. This move lacks the sensitivity, consideration, austerity and economic prudence, a president should have under the circumstances.
Americans have lost their jobs, homes and life savings. Many are suffering during the current financial depression, in trying to make ends meet and put food on the table. In light of these facts, should President Obama really be soliciting such enormous campaign donations, during a financial crisis he helped to make much worse than it was in 2008, when he was elected.
U.S. President, Barack Obama, seems to be more preoccupied with his massive fundraising drive, in a shaky bid for reelection, rather than the dire economy that needs his full attention. Obama is attempting to raise the exorbitant sum of $1 billion dollars, in deeds that seem like buying the Presidency of the United States.
While Obama's attention is turned to fundraising matters, the economy continues to decline, falling into terrible territory, signaling irreversible damage. If Obama fixed the economy, he would not have to worry about raising so much campaign funds, as that would be the best testament and tool for the 2012 election.
Furthermore, $1 billion dollars in donated campaign money, to reelect an unpopular president, is better off in the public's pocket during a terrible financial depression, the incumbent made worse with unruly spending.
