Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Thursday, 5 January 2012

Obama Appointing Richard Cordray Consumer Czar Without Congressional Approval Sends An Autocratic Message

Barack Obama

President Obama's appointment of Richard Cordray, to a new consumer agency, sends a negative, dictatorial message, as he has undemocratically run roughshod over Congress. The appointment of Cordray to this post as a consumer agency czar, has also come too late in his presidency to strike any real effectiveness.

This is complicated by the fact Obama is soft on crime, which is why some sectors of the corporate industry have continued to rob and gouge the American people into poverty. What's the sense of having a consumer protection agency, when no one is being arrested for ripping off the public, as that is the only language criminals understand - prison.

For every bank, investment firm, insurance company, telecommunications provider and entertainment corporation that engages in financial crime, which damages America and the world by default, how many real arrests have you seen, when trillions of dollars have been stolen in an illegal redistribution of wealth in favor of the rich.

As far as the Judiciary Report is concerned, President Obama's latest appointment is just for show during a desperate election year, as it is without substance and devoid of any real impact. All this will do is waste taxpayer money, handing out slaps on the wrist for serious financial crimes. That will never work to get the economy back on the right track to accountability and fairness.

Saturday, 29 October 2011

U.S. Economic Growth In The Third Quarter Attributed To Hurricane Irene Spending

More Artificial Growth

President Obama at the Hurricane Center

This week, U.S. stocks rallied on news the U.S. economy grew 2.5% based on American consumer spending. However, a sobering report has since been released, stating the unexpected growth in the third quarter does not mean the economy has recovered, as it was due to spending by consumers trying to repair their homes and businesses after the damaging hurricane, Irene, battered the East Coast of the United States.

Therefore, the government should not relax and deem the economy has turned the corner, as many indicators suggest it has not. Irene created tens of billions of dollars in damage, battered the insurance companies and reduced productivity in the nation. The 2.5% appears to be from people attempting to rebuild their lives, having to repurchase items and on a scale they normally would not, to replace what the hurricane destroyed.

American unemployment is still stubbornly high and that is a massive problem the government has not corrected for almost 3-years. For the nation to truly recover, unemployment must significantly decrease. U.S. exports are also another problem, as they are nowhere near their potential.

The government during the tenures of President Bush and President Obama, did not make manufacturing goods their focus, but spent an enormous amount of time on risky financial instruments, some of which were unmasked as ponzi schemes and other types of flat-out fraud. The problems have been compounded by corporations hoarding stimulus money.

STORY SOURCE

Savings rate falls as spending outpaces income gains

RELATED ARTICLES

26 Dead And $48 Billion In Damage Due To Hurricane Irene

Tide Turns Against Obama As 70% Of Americans Blame Him For The Poor Economy

Statistics Brand Barack Obama The Worst Job Creation President Since The Great Depression

Movement Among Democrats To Find Challenger To Run Against President Obama In 2012

Gallup Poll: Any Republican Would Beat Obama If The Presidential Election Was Held Today

Obama's Poll Numbers Implode Into Disaster

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

Rivals Use Bad Economy As Primary Tool In Their Bid To Oust President Obama

Billionaire Tells Obama To Resign Over The Economy

America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

Obama Calls For Job Summit

Artificial Growth

Artificial Growth - Part 2

Wednesday, 12 October 2011

John Gotti Biopic Up In Smoke Thanks To Lindsay Lohan Jinx

Reports Indicate Film Has No Funding

Lindsay Lohan

The planned biopic of the late mobster, John Gotti, is up in smoke. The project has been placed on hold, due to lack of financing and very little public interest. As stated previously on the Judiciary Report, down and out Hollywood actress, Lindsay Lohan, was unwisely added to the cast in what was a bad move (Lindsay Lohan Is Looking Old).

Lohan is a massive insurance risk and a movie killer, as audiences do not take to her anymore (have not for years). Her terrible antics and abuse of the justice system, turned the public off to the point, they stopped going to her movies. They voiced their disgust on many websites' feedback columns. The populace does not like witnessing celebrities getting preferential treatment in the court system, while mocking the law with criminal behavior, such as stealing and DUI (see links below).

RELATED ARTICLES

Report: Lindsay Lohan Gives Her Mom A Lesbian Kiss (Photo)

Is Ali Lohan Trying To Look Like An Androgynous Model With New Cosmetic Surgery And Anorexia

Have You Seen What They Did To 17-Year-Old Ali Lohan's Face

Will Lindsay Lohan Go The Way Of Amy Winehouse

Kabbalah Destroyed Lindsay Lohan

Lindsay Lohan Arrested For Grand Theft

Lindsay Lohan Stole A $2,500 Bracelet While Shoplifting

Lindsay Lohan Stole $500,000 In Jewelry

Lindsay Lohan Investigated For Theft Of $35,000 Rolex

Lindsay Lohan Caught Stealing Again

Lindsay Lohan Steals Product From Florida Chemist

Lindsay Lohan Steals Russian Mink Coat