Polls Concur Republican Candidates Are Rating More Favorably With The Public Than President Obama

The Economy Is The Driving Factor

President Barack Obama

Several weeks ago, Gallup polls indicated President Obama, the head of the Democrat Party, is set to lose the November 2012 election by a significant margin. Now the Rasmussen polling company has released its data, revealing Republican frontrunner Mitt Romney and his fellow political party member, Rick Santorum, are several percentage points ahead of President Obama in the polls for the presidency. Romney is carrying the clearest lead.

None of this spells good news for Obama. The economy is the main issue weighing on people's minds, as folks simply can't pay their bills, due to the significant rise in the cost of living in America. Many have lost their homes, cars and savings. Romney's business background is helping him in the polls in this regard.

I don't believe President Obama grasped the severity of the situation when he assumed office, regarding how much damage had been done during the Bush years, but refused to listen to sound advice and spent $5 trillion dollars more. There are always times in life we can learn from history and forbearers, regarding what works and what does not in times of crisis.

Former Massachusetts Governor and Republican Party frontrunner Mitt Romney

Obama entered office with his own ideas and he was and is entitled to that. However, he owed it to the nation to follow the financial examples of those that came before him, who succeeded in office during tough financial times, such as former President Bill Clinton and in Britain, former Prime Minister Margaret Thatcher. They saw turn arounds and profitability during their tenures, during rough economic times.

Bush and Obama spent America into a hole, following their philosophical beliefs that did not pan out. There ought to be a law that a head of state can only spend a certain amount of money and no more, with rare exceptions granted. It is going to take many years to tackle the national deficit and that is only with a president that knows finance well.

RELATED ARTICLE

Gallup Poll States Barack Obama Is Going To Lose The 2012 Presidential Election By A Landslide

The IRS Is Woefully Late With Income Tax Returns Under The Obama Administration

Stalling Tax Refunds

Barack Obama

Many Americans are depending on their tax returns to pay bills, fund the down payment of a car, home mortgage or to catch up on one to stave off foreclosure. Some physically sick people are waiting on the money from their tax returns to see a doctor or dentist, while others need it to make up their kids tuition for university.

However, under the Obama Administration, Americans' tax returns have been extraordinarily late, more than any other presidency in recent history. They keep giving out deadlines for tax returns and then irresponsibly missing them, knowing people are depending on the money. If the Obama Administration can't effectively manage the people's tax returns, how can it handle the nation's ballooning budget and reduce the national deficit in a timely fashion.

For an administration pledging to turn the economy around, this is not a good look, especially in light of the president sending the deficit sky high. It does not inspire confidence. The Judiciary Report has also seen cases where people were flat-out discriminated against by the IRS, who disallowed deductions and write-offs granted to others in the same situation under the U.S. tax code. The Obama Administration is punishing the poor and the middle class, for the sins of the rich, which is inexcusable.

Quite a few of Obama's wealthy campaign donors owe the IRS and by default the US Treasury, hundreds of millions of dollars, yet they are not being pursued for these massive tax debts, because of their relationship with the president. Meanwhile, people in lower income and middle class tax brackets, who have paid their taxes and are expecting their refunds, are being shortchanged, denied and discriminated against by the current administration.

Articles in credible publications and court documents have also brought to light the fact federal agencies such as the FBI have been using the IRS to unlawfully harass targets of their warrantless surveillance, via strong-arm tactics and threats for taxes not owed. This too is not a good look, but is being utilized under the Obama Administration and in a number of the cases, against innocent people or for political purposes. Something to think about at the polls in November.

President Obama Abandoned The Buffett Rule Regarding Taxing The Rich

What This Will Mean For The Economy

First Lady Michelle Obama and President Barack Obama

Forbes magazine did a write up on President Obama abandoning the Buffet rule, named after billionaire Warren Buffett, regarding rich people not paying enough taxes in America. President Obama's budget made public this month, contains no such rule, which means less revenues for the treasury to create jobs for the unemployed in America and pay down the massive national deficit. Obama flinched at the last minute, bowing to the rich, when America needs the tax revenue. His new budget is more of the same, which has been unsuccessful for three years.

If I were a head of state, under current economic conditions, as I have maintained in articles for years, I'd raise taxes on the rich. My attitude would be: *rolls eyes* what are they really going to do to me - besides that's what they make bullet proof vests for. Everyday I'd also say to my bodyguards, "We're not married, why are you walking beside and not in front of me - because if they shoot me, I'm going to shoot you. It's easy to remember, if I get shot, you get shot."

STORY SOURCE

Where Did the Buffett Rule Go?

2/15/2012 @ 5:12PM - In last month’s State of the Union address, President Barack Obama endorsed a so-called “Buffett Rule”: an additional alternative minimum tax that would ensure that people making over $1 million would pay at least a 30 percent tax rate. So it comes as some surprise that the President’s budget, released this week, doesn’t contain a Buffett Rule.

In the written budget narrative, Obama lays out broad principles for tax reform, including a call for the Buffett Rule. Other items in that narrative include lower tax rates with fewer deductions and exclusions, making tax incentives more progressive, and “fundamental corporate tax reform.” But none of those proposals are actually scored in the budget tables—while Obama is saying they would be a good idea, he is not proposing them for Fiscal Year 2013. Instead, the White House’s proposals for new revenue are a rehash of what it has proposed in the past...

http://www.forbes.com

Financial Experts State The U.S. Economy Is Permanently Damaged

Sustained Economic Deterioration Caused Lasting Damage

Barack Obama

U.S. President Obama has been unable to fix the U.S. economy, which is burdened with stubbornly high unemployment, millions of foreclosures, significantly decreased property values and many shuttered businesses. This month, international experts are now of the belief the U.S. economy will not recover to what it once was, as the damage is so widespread and has persisted for four years, creating a last effect. Experts from Canada (Bank of Canada Governor Mark Carney) and Europe have gone on record voicing these opinions this month.

The Judiciary Report stated the same previously: Ben Bernake Didn't See The Financial Crisis Coming and Wall Street Protesters March Outside The Home Of Greedy CEOs.

The irony is the problems could have been corrected, but Obama’s wasteful spending aided banks and corporate titans, who have hoarded and hidden taxpayer bailout money, rendering it useless to the U.S. economy. However, it has stimulated the off shore banking sectors of foreign economies using the funds to make more money.

President Obama is in bed with Wall Street and the corporate sector, in a manner that has given them free reign to do as they please, which is what caused the crisis in the first place under former President Bush. Rather than taking to task offenders in the corporate sector, President Obama has enriched them with hundreds of billions of dollars in taxpayer money and no ground rules regarding gouging and theft, allowing them to get away with murder against the populace.

It has caused the failure of his presidency and if polls are any indication, he shall not have a second term to correct his damaged legacy in the history books, something his family will have to live with. It is extraordinary what Obama has looked the other way to and the terrible damage it has caused America and the world.

The corporate sector does have the ability to lavish massive campaign donations on Obama, to pay for many commercials and internet ads. However, there aren’t enough people in the corporate sector to get him reelected, under the anger and disappointment of an abused and offended nation of 305,000,000 people, who have lost so much during his tenure.

President Obama's deeds have shown he is not for the working class and the poor, but his filthy rich campaign donors. Under Obama the rich have gotten richer and the poor have gotten poorer. This must stop if America is to have a bright future.

RELATED ARTICLES

President Obama's Attorney General Eric Holder Connected To Banks Responsible For The Mortgage Crisis

President Obama Nixes Canadian Oil Pipeline To America That Would Have Created Jobs And Revenues

The Obama Administration Lost Billions In Taxpayer Money On More Green Companies That Failed

Obama Referred To Newly Bankrupt Solyndra As "A Good Bet"

President Obama Was Ready To Give Solyndra $500 Million More After Finding Out The Company Was Failing

Executives From Obama's Bankrupt Solyndra Will Plead The Fifth In Congressional Hearing

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

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

Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People

The Obama Administration Lost Billions In Taxpayer Money On More Green Companies That Failed (Video)

Green Doesn't Often Mean Green, As In Money

Obama, who has been signing the money away for three years, is a bad investor

Many believed the solar company, Solyndra, whose failure cost the American taxpayer $500,000,000, was the only failure in the sector that President Obama gave the nation's money to, but there's more. A CBS News report indicates the Obama Administration spent many billions of dollars in taxpayer money on other green initiatives that have failed.

The report states 80% of the U.S. Department of Energy's $20,500,000,000 budget, comprised of taxpayer money, went to President Obama's donors, on companies that failed and are in bankruptcy or facing it right now. Going green is good, but the government handled it the wrong way and for political reasons, in deeds that have now cost the U.S. taxpayers a significant amount of money added to the national debt.

These companies were green in another way, as in unproven and risky. For years the Judiciary Report warned in articles that Obama should avoid untried and unnecessary spending and even named green and solar initiatives in that category, as it would be a hindrance in getting the nation out of the financial crisis.

And though over 20 divisions of the U.S. government have been reading this website for years, including the White House, they did it anyway and ran head on into this calamity they were warned by this website would happen. It's amazing how some heads of state sign away the people's money said leaders could not earn or repay in their lifetimes. It is careless, reckless and arrogant.

Side Bar: Jesus Himself could have come down from heaven in 2008 and told Obama do not spend the people's money on these green companies, as it will put the nation further in debt to no good results and the first thing out of Obama's mouth would have been, "But they are my campaign donors..."

These corrupt campaign donors and those in Hollywood did not put Obama in office, the American people did in big numbers, but these rich and famous folks using the President are going to get him thrown out of office with their foolishness the nation is witnessing unfold online.

STORY SOURCE

CBS News: Obama’s 11 More Solyndras

In the wake of Peter Schweizer’s explosive revelation that 80 percent of the Department of Energy’s $20.5 billion in green energy loans went to President Barack Obama’s fundraisers and donors, CBS News is now reporting that the Obama Administration spent billions of taxpayer dollars on 11 more Solyndra-style loans to so-called green energy companies that have since gone bankrupt or are facing serious financial difficulty...

http://biggovernment.com

RELATED ARTICLES

Obama Referred To Newly Bankrupt Solyndra As "A Good Bet"

President Obama Was Ready To Give Solyndra $500 Million More After Finding Out The Company Was Failing

Executives From Obama's Bankrupt Solyndra Will Plead The Fifth In Congressional Hearing

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

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

Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People

President Barack Obama Being Blamed For The Enormous Failure Of The Debt Supercommittee

Barack Obama

Everyone from Former Democrat turned independent, Michael Bloomberg to Republican Mitt Romney, are blaming U.S. President Barack Obama for the failure the supercommittee, which will have far reaching consequences. Politicians and pundits are stating, President Obama deliberately kept them at arms length and did not get involved very much, seeking to distance himself from the committee.

Many are stating as president, Obama should have played a greater role in getting the job done, but shirked his duties for political reasons, which led to the committee's well-publicized failure. At the end of the day, the committee was too much hype and too little action. Nothing was accomplished, but the overblown mess certainly cost the taxpayers.

STORY SOURCE

Obama let the supercommittee fail

Bloomberg Slams Obama for Failed Supercommittee

Obama AWOL, to Blame for Supercommittee Failure