Showing posts with label stimulus. Show all posts
Showing posts with label stimulus. Show all posts

Saturday, 31 December 2011

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

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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

Thursday, 15 September 2011

Jobless Claims Rise Again In America

...And More People Fall Behind On Their Bills

Barack Obama

The job situation in America is terrible. So many people are unemployed. The current financial crisis has touched so many households in the nation, with jobless claims rising and a record number of people falling behind on their bills, namely mortgages.

In all the political speak transpiring in Washington, it is hard for some to gauge, who will be the most helpful, when so many are in need and not enough is being done. People need results, not more promises that go unfulfilled.

STORY SOURCE

Another round of bad US economic data

US jobless claims rise to 428000

Consumer Price Index, Jobless Claims Rise

Wednesday, 14 September 2011

What Will Obama Do If He Doesn’t Get Reelected

What If This Is Where His Presidential Legacy Will Conclude

Barack Obama

With the 2012 presidential election rapidly approaching, what will President Obama do if he is not reelected, as polls indicate. As it stands, his legacy is not in a good place. He is embedded in world history for historic spending and America reaching record economic lows during his time in office. How can this be a good thing.

Obama has very little time left to possibly change his legacy before the next election. After 2 years and 9 months of failed stimulus spending, unsuccessful financial policies and a new war, what does he plan to do to reverse this dismal presidential record.

One has to wonder, does it matter to him how he is remembered, as the political action he continues to take is quite risky, ill advised and indicative of someone that somehow no longer cares what happens. Why has Obama listened to the wrong people.

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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Tuesday, 13 September 2011

Obama Administration Mum On How Many Jobs They Can Create For $420 Billion In Taxpayer Money

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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Congressman Darrell Issa: Attorney General Eric Holder Is Inept

Holder Slammed On Radio Show Over "Fast And Furious" Cover Up

Congressman, Darrell Issa, has slammed U.S. Attorney General, Eric Holder, as inept. Issa made an appearance on the Laura Ingraham Show, detailing Holder's conduct and pushing for him to be fired from the post, but ultimately leaving that decision to President Barack Obama, who appointed him to the post. Issa also spoke about presidential candidates, frontrunner Rick Perry and Mitt Romney, whilst taking a jab at President Obama's failed stimulus programs.

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Holder Isn't Bolder

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