Evelyn Lozada Has Put Her Wedding Plans On Hold Due To Cheating

Guess Who Is The Alleged Culprit

Evelyn Lozada

A report by TMZ indicates, "Basketball Wives" reality star, Evelyn Lozada, has put her wedding plans on hold, as she believes her fiancé, NFL star, Chad "Ochocinco" Johnson has been cheating on her. Uh oh! Evelyncita and Milk Dud are having problems.

Has "Ochocinco" become "Oh-no-cinco" to Lozada. Johnson is a popular athlete, with women chasing him left, right and center. Lozada is paranoid after years as the fiance of former NBA star, Antoine Walker, who she alleges cheated on her often. I'm just stunned! Clutch the pearls! Who ever heard of an athlete cheating on their partner.

Evelyn Lozada and Chad johnson

Seriously, where there's smoke there's fire. Not to mention, Johnson probably isn't too pleased that the federal government is coming after Lozada for a figure in excess of $500,000, which the bankruptcy trustee in Florida claims she was illegally given by Walker.

With penalties and legal fees accumulating, said figure could climb, if no deal is struck with the government. If Johnson and Lozada are married at the time the government secures any potential judgment against her, it could hit Johnson in the pocket as well.

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Obama Slammed Again Over Stimulus As $500,000,000 Went To Building Cars In Foreign Nation (Video)

U.S. President Barack Obama is in more trouble, due to stimulus funds he issued that did not benefit America. It has been revealed, Obama gave a new company called Fisker $529,000,000 in taxpayer funds, via the failed stimulus, for the unit to build electric cars in Finland, rather than America. This resulted in U.S. taxpayer funds creating jobs abroad, rather than in America.

Barack Obama

Add this to the billions more in stimulus funds that did not stimulate the U.S. economy, such as Obama personally giving solar company Solyndra $500,000,000 in U.S. taxpayer funds, only for the company to go bankrupt shortly after and it becomes evident the president is not good with money or astute at making wise financial investments. America needs a president that understands business and trade and how to generate jobs and revenues.

STORY SOURCE

Car Company Gets U.S. Loan, Builds Cars In Finland

Evelyn Lozada Sued By The State In Antoine Walker's $110,000,000 Bankruptcy Case

Evelyn Lozada

"Basketball Wives" reality star, Evelyn Lozada, has been sued by the South Florida Bankruptcy Court, for the money she received from her ex-boyfriend, former Miami Heat athlete, Antoine Walker, who had signed a $110,000,000 contract, but lost most of his money to luxury living and bad investments.

Evelyn Lozada at Dulce

The couple lived in a custom built Coconut Grove mansion in Miami for years, which has lingered on the real estate market for well over a year without any takers. The home is too big and overpriced for that section of the Grove, as surrounding properties shown online are much smaller.

Evelyn Lozada and Chad "Ochocinco" Johnson

During their relationship, Walker gave Lozada $560,000 to start the shoe store Dulce in the Miracle Mile section of Coral Gables. According to the federal court bankruptcy trustee, Lozada should not have been given the money, as Walker has creditors that are a greater priority.

Antoine Walker and Evelyn Lozada

As such, the trustee is suing Lozada to retrieve the money, plus court costs and interest. While she has made a few hundred thousand dollars on "Basketball Wives" and from public appearances, losing $560,000 plus legal fees and interest, will put a massive dent in her finances. Lozda's fiancé, football player, Chad "Ochocinco" Johnson is a millionaire, but may become concerned and not risk his cash, after witnessing the financial fall of Walker.

STORY SOURCE

'Basketball Wives' Star Sued for Helping Blow NBA Star's Fortune

Evelyn Lozada -- one of the stars of "Basketball Wives" who was once engaged to former NBA All-Star Antoine Walker -- is being sued for allegedly receiving hundreds of thousands of dollars illegally. The story is shocking. Walker raked in a whopping $110 million during his NBA career, in addition to untold millions in endorsements and other deals ... and he blew ALL OF IT and a lot more.

Walker filed for bankruptcy last year, and now the bankruptcy trustee smells a rat. It seems Walker gave Lozada $560,000 when he already knew he was going belly up. The trustee has sued Lozada, claiming the transfer was fraudulent -- an attempt to hide money from legitimate creditors. The trustee says Lozada used the money to start a Miami shoe store called Dulce, and now the trustee wants the $560k back.

http://www.tmz.com

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TLC’s T-Boz Files For Bankruptcy Again

New Financial Woes

T-Boz

T-Boz, real name Tionne Watkins, of the best selling girl band in music history, TLC, has filed for bankruptcy again. The first time Watkins filed for bankruptcy, utilizing Chapter 11, was in 1995 with her fellow band members in TLC. This time she is filing for herself.

T-Boz

After TLC’s alleged $20,000,000 settlement with their label LaFace Records in 1996, the band split the money three ways, paid taxes on it and regrouped, leading people to believe the group’s finances were in order. However, Watkins took on significant debt at a time the group was still doing well, before one of its members, Lisa Lopes died and the trio disbanded.

T-Boz

As the Judiciary Report reported months ago, one of Watkins’ Atlanta homes was in foreclosure. A second home, a well decorated property she lives in, which is located in the Sugarloaf Country Club, is for sale as well, due to financial troubles.

TLC's Chilli and T-Boz

However, the house has not sold after being on the market for over a year. Then again, most homes in America are not selling, due to the foreclosure crisis, but that’s another story. This has saddled Watkins with a large mortgage, which based on what she states she currently owes on the property, her monthly payment is between $7,000 to $10,000, in addition to real estate taxes, country club dues and upkeep fees.

TLC

Watkins, who was married to rapper Mack-10, previously stated, he took out mortgages in her name and one was for the property that slipped into foreclosure. It is also being reported, he owes her $250,000 in child support. He has not been doing much work in the entertainment industry, to repay said figure. Watkins left the marriage due to domestic violence.

TLC

Watkins also has another problem. Due to sickle cell anemia and a brain tumor that was removed by a top surgeon, she has paid a lot of money in medical bills. I did wonder how she could get medical insurance in the current system, with all of the preexisting, significant health problems she has battled over the years. It can’t be easy. She must have paid many of the bills herself or a very high insurance premium.

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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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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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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Government Gullibility: Played For Suckers Or Was Solyndra A Front For Something Else

Barack Obama to White House staffer: this is the President. I'd like for you to send some gold bricks to Solyndra and gift wrap it with the note, "From Barry, with Love."

In reading the latest information coming out about the bankruptcy of President Obama's favored Solyndra solar company, which wasted over a half a billion dollars of taxpayer money, one is left to wonder, was the government really that gullible, did Solyndra play the Obama administration for suckers or was the company a cover for something else.

$535 million dollars is a lot of money to commit to a new company, especially one with unproven products and services. Yet, the government had no qualms about doing so, fast tracking the loan within six days, jumping in head first, in what was a terrible deal from the outset. Do you know how many small businesses in America would love a simple $5,000 to $10,000 loan and can't get one, yet Solyndra received this windfall of cash.

President Barack Obama and Chris Gronet of Solyndra

The FBI demands taxpayer money from Congress, claiming it is for one thing, but behind closed doors, often uses it for illegal secret programs that shred the U.S. Constitution. Was Solyndra using taxpayer money for reasons other than what was disclosed to the public, as I find it hard to believe any company could blow through half a billion dollars and have absolutely nothing to show for it. What happened here.

I have a question, if I go to Home Depot, buy some sheets of Plexiglas, spray them black, leave them out in the sun and call it a solar initiative, will the government give me $528,000,000 to play with too. Hey, it doesn't hurt to ask.

The FBI raiding Solyndra. Yea, now they want to investigate something, after the brown stuff hit the fan and the taxpayers' money is gone

An article published yesterday in the San Francisco Chronicle indicates, Solyndra sent an "upbeat" report to the government in July 2011 and they apparently bought it hook line and sinker (Feds probe Solyndra's upbeat July report). This was six weeks before they filed for bankruptcy, yet as recently as six months ago, the Judiciary Report again warned the Obama Administration needed to drop its solar initiatives.

If I knew, shouldn't the government have known as well. You mean to tell me the White House and the FBI, an investigative agency, where the President meets with its director, Robert S. Mueller, on a weekly basis, did not know what was going on at Solyndra.

Obama at Solyndra pretending he understands what they are talking about, not realizing it is rubbish that will go on to cost the taxpayers a boatload of cash. He should have let me go there for him, because the first thing out of my mouth after their long speech would have been, "You're talking pure bull!"

It's amazing - the FBI will illegally pry into the lives of writers such as myself (FBI Reproved For Spying On Journalists), day and night, even inappropriately talking to people I know personally, in bids at unconstitutionally swaying my sites and wanting to have unflattering things about them removed, yet a company like Solyndra that was loaned a half a billion dollars in taxpayer funds, they ignored, allowing them to blow all that money and during a financial crisis.

I'm pretty sure, had you collectively asked the taxpayers, who they would have wanted you to spend taxpayer money investigating, giving them the option:

a.) a wonderful annoying, smart alec blogger with a proven track record record of exclusives, who accurately called the FBI a bunch of corrupt privacy invaders wasting the taxpayers' money (the male ego can be so fragile)

-or-

b) a company (Solyndra) loaned $500,000,000 of taxpayer money that will go bankrupt and not repay it, much like the annoying blogger in option "a" warned would fail WELL BEFORE IT HAPPENED.

I'm sure the American people would have chosen option "b" Solyndra over the irritating, smart alec blogger that didn't do anything to anyone. As usual, the FBI continues to pry into the lives of the wrong people, while the real trouble happens elsewhere.

My point? The taxpayer money you wasted watching writers like me and covering it up by hiding the Freedom of Information Act files that reveal it, you could have spent investigating Solyndra and stopped this waste of $500,000,000 in taxpayer money, before the damage was substantial. Personally, I'm offended.

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Will It Be Another Fiasco Like Solyndra

Barack Obama

For the past 2 and ½ years, the Judiciary Report, has consistently warned the government need not waste taxpayer money on frivolous stimulus initiatives and must guarantee a maximum number of jobs are created, if they are going to use said funds. Well, they did not listen and hundreds of billions of dollars in taxpayer money has been wasted - flushed down the toilet on frivolous misadventures, misappropriation and flat out theft and embezzlement.

Again, President Obama is back with the same speech, stating Congress must pass his latest jobs bill, but with the track record of failure under the administration’s belt in these endeavors, I’m not holding my breath anything significant will come of this. There's too much room for error and waste.

President Obama at Solyndra

Case in point, as mentioned previously, the Judiciary Report warned against Obama’s solar initiatives that later went on to fail, as the president’s pet project, Solyndra, which he sat in on meetings for, filed for bankruptcy two weeks ago, after only creating 585 jobs for $535 million dollars in taxpayer money. Other examples of egregious waste exist in Obama’s budget over the past couple years, but are being buried from the mainstream press.

Some hard questions need to be asked and publicly so, such as, how many jobs will the Obama Administration create if Congress passes its latest $447 billion dollar stimulus jobs bill, as given their history of failure in this regard, the taxpayers can't afford anymore costly mistakes. The economy has slipped away from the administration.

Side Bar: Why did Obama order the FBI to raid Solyndra last week, essentially to save face after they filed for bankruptcy, when he was very involved in the company, even attending corporate meetings. President Obama had to have known what was going on, as did the FBI/DOJ and DOE. They knew the inefficient and extravagant company was DOA, but kept supporting them with taxpayer money anyway.

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