Obama Is Conflicted Over The Path American Energy Should Take

...And It Is Costing Taxpayers A Bundle

Barack Obama

President Obama stated today that America needs to gain energy independence, but this is something he has acted against throughout his 3-years and 3-months in office. The Judiciary Report supported the Keystone Pipeline that President Obama opposed. Later on, former President and Obama's fellow Democrat, Bill Clinton, came out in support of the Keystone Pipeline.

However, this still did not convince Obama, though Clinton had the most financially successful presidency in American history, where people of different classes prospered. A few years prior, in 2008, the Judiciary Report advocated America using coal for fuel (Congress And Bureaucracy).

Once again, Obama has been against that as well. He's saying one thing and doing another. That is not going to help the U.S. economy rebound. He's lost three years that could have earned and saved the nation billions in energy sales, using the natural resources available in America.

RELATED ARTICLES

Barack Obama's Reelection Campaign Being Harmed By Rising Gas Prices In America

The Small Business Association Lacks Money To Help Americans While Solar Companies Given Billions Then Fail

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

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

If Banks Don't Start Working With Foreclosed Homeowners Their Profits Are Going To Plunge

President Barack Obama

The U.S. banking sector has seen terrible declines over the past few years, due to the mortgage crisis and overall financial decline of the country, under presidents George W. Bush, then Barack Obama. The government, at the taxpayers expense, has given major U.S. banks billions of dollars from the Treasury, to keep them afloat. However, despite these funds coming courtesy of the taxpayers, a number of banks are still making it as difficult as possible for homeowners to obtain mortgage modifications to remain in their properties.

Standard tricks being used on homeowners run the gamut. They range from pretending they did not receive documents that were faxed or mailed to the bank(s), despite established couriers such as the U.S. Postal Service, Fedex and UPS, providing mailing confirmation, to not notifying property owners of the options available to save their homes.

If banks keep playing with homeowners, opting for the quick buck in trying to rush people out of their homes to auction off properties in a market so overcrowded and poor nothing is selling, they will see massive revenue declines again. Kicking distressed homeowners to the curb is not the way to financial profitability, but long term losses (as in loss of mortgage interest payments over time had they straightened out said loans).

RELATED ARTICLES

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

Reports State Obama Administration $25 Billion Mortgage Deal To Increase Home Seizures

Law Firm That Threw Degrading Party To Mock Foreclosure Victims Closes

Tips To Help Save Your Home From Foreclosure

Mortgage Malignancy - Part 2

Mortgage Malignancy

Obama Refuses To Sign Foreclosure Bill

Florida Foreclosure Law Firms Under Investigation

Unnecessary Foreclosures

U.S. Jobless Claims And Foreclosures Surge

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

It's amazing that President Obama gave away $18,500,000,000 in taxpayer money to his campaign donors in the green/solar industries, for companies that have since filed bankruptcy and failed, laying off thousands, yet he nixes the Canadian Oil Pipeline to Texas in America that would have created jobs and revenue. Oil is a proven revenue source. Solar, though it is useful, is not. What is wrong with this picture.

Barack Obama

President Obama scrapping the pipeline is another example of his poor business acumen and terrible choices in the area of economics. This is not good business strategy. America cannot take another term of such poor decision making. President Obama has a bias against oil and gas, as it does not fit with his costly, failure prone green vision for America and it is burning a lot of business people in the nation and abroad. He is not being practical and it is costing America plenty.

RELATED ARTICLE

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