Monday, July 16, 2012

Obama's Sealed Documents. WHY ?? ASK THIS SIMPLE QUESTION. WHY !!


Who is Barack Obama? The scariest list of facts about President Obama you've ever seen ...

This list is truly shocking. Take a close look at how many communists, Marxists, domestic terrorists, and America-haters are his close friends.
His records going back to childhood are sealed, and he has spent millions of tax-dollars keeping those records sealed.  His very first official act as President was was seal his records. What is Obama hiding?






Sure, there’s (1) the original, long-form 1961 Hawaiian birth certificate. Then there’s:

2) Marriage license between Obama’s father (Barak Sr.) and mother (Stanley Ann Dunham)— not found, not released
3) Obama’s baptism records — sealed
4) Obama’s adoption records — sealed
5) Records of Obama’s and his mother’s reptriation as US citizens on return from Indonesia — not found, not released
6) Name change (Barry Sotero to Barack Hussein Obama) records — not found, not released
7) Noelani Elementary School (Hawaii)— not released
8) Punahou School financial aid or school records — not released
9) Occidental College financial aid records — not released.(These records were, however, subpoenaed but Obama lawyers succeeded in quashing the subpoena in court. No other Occi records have been released.)
10) Columbia College records — not released
11) Columbia senior thesis — not released
12) Harvard Law School records (not mentioned below, but not released)
13) Obama’s law client list — sealed
14) Obama’s files from career as an Illinois State Senator — sealed
15) Obama’s record with Illinois State Bar Association — sealed
16) Obama’s medical records — not released
17) Obama’s passport records — not released


JUST WHO IS THIS GUY.... OBAMA??
Barack Obama is less of a person than an image—a brand. People see what ever they want as they do on a Rorschach test.
But does anyone really know him? In fact, he is:
* A man with no birth certificate.
* A man whose birth records, both in the United States and Kenya, are sealed by government order.
* A man whose childhood mentor, Frank Marshall Davis, spied on U.S. military installations in Hawaii for the Soviet Union, edited a communist newspaper, authored pornographic novels, and wrote poetry in praise of Joseph Stalin.
* A man who promised transparency in government, but has spent over a million dollars in legal fees hiding information that would determine his eligibility to be President.
* A man whose academic records are sealed from kindergarten through law school.
* A bi-racial man who derided his grandmother (a bank-executive who sent him to an exclusive private school), calling her "a typical white person."
* A man who arrived in New York in June of 1981 without enough money to get a hotel room, but one month later flew to Indonesia and Pakistan.
* Why did he go?
* Who paid his expenses?
* A man who traveled to Pakistan when it was illegal for U.S. citizens to do so. So what country’s passport did he use?  And what country is he really a citizen of?—it's not the USA.
* A man whose Law School Admission Test scores and grades at Columbia University are known to have been mediocre, but was admitted to Harvard Law School through the intervention of a Saudi named Khalid al -Mansour.
* A law review editor who never published an article in any law review.
*A law-school grad who was turned down for a lowly job as an adjunct instructor, but who was then given a corner office and a minimal teaching load (one intro course) when an unidentified person leaned on the Dean.
*An adjunct instructor who was despised by the law school faculty—the professors considered him lazy and stupid—but who is lauded by the fawning press as a "Constitutional scholar."
* A man who has publicly called the US Constitution "fundamentally flawed."
* A lawyer with no significant accomplishments in the law and no reputation in the legal community.
* A former State and U.S. Senator, who authored just one piece of legislation—which funded the Marxist campaign of his Kenyan cousin, Odingo.
* A former State Senator who routinely used State limosines as a place to smoke crack cocaine and engage in homosexual acts with young men, three of whom ended up shot in the back of the head (officially deemed "suicides").
* A disciple of the Marxist Saul Alinsky.
* A product of the Chicago political machine—the most corrupt political organization in America.
* A man who selects Marxists, corrupt politicians, and criminals as his close political associates and personal friends.
* A man whose Presidential campaign was financed by Soros and Middle Eastern sources.
* A man whose presidential candidacy was endorsed by the Democratic Socialists of America, the Socialist International, and the Workers International League.
* A man lauded for the literary brilliance of two memoirs, both of which were ghostwritten by domestic terrorist Bill Ayres..
* A so-called Christian who says that knowing when human life begins is “above his pay-grade,” but somehow knows that abortion is permissible at any stage.
* A man who thinks “waterboarding” is immoral, but that partial-birth abortion is moral.
* A man who publicly laments slavery in America—which was abolished 150 years ago—but praises Islam, which still practices both slavery and the sexual mutilation of young girls.
* A man who speaks endlessly about helping the less fortunate, but gives almost none of his sizeable income to charity—not even to his half-brother, who is living in squalor in Kenya.
* A man who had the most left-wing voting record in the United State Senate, but was predicted by the press to “govern from the middle.”
* A man who has never created a job, met a payroll, or even operated a lemonade stand, but wants to tell Detroit how to make cars.
*A man whose wife (who attained a position of affluence through affirmative action) publicly proclaimed that she had never been proud of America until her husband became President.
* A President who has never before served as an executive in either the private or the public sector.
* A Commander-in-Chief who doesn’t know how to shoot a rifle, throw a hand-grenade, drive a tank, fly a plane, or con a ship.
* A Commander-in-Chief who has publicly divulged some of our nation’s most important intelligence secrets.
* A man who has been put in charge of the largest economic engine that ever existed, but has never invested in the stock market and admits total ignorance of it.
* A President who says that science will guide his administration, but has no education in the sciences.
* A man praised for his public speaking skills who is proficient in reading what is written for him on a teleprompter, but who jerks and stammers his way through any off-the-cuff speaking.
* A man who requires a teleprompter in order to be able to speak for five minutes to a class of kindergartners.
* A man whose health records are sealed from childhood to the present day.
* A man who spent 20 years in a church whose pastor espouses Marxist Liberation Theology, anti-Americanism, anti-capitalism, and anti-Semitism, but claims he never heard his pastor utter anti-American, and anti-Semitic statements.
* A man who added more to the National Debt in 120 days than all other Presidents did in the past 220 years, yet feels qualified to lecture Americans about “fiscal responsibility.”
* A man who publicly expressed disdain for the U.S. Constitution on a Chicago radio station because it limited the government’s ability to “redistribute wealth.”
* A man who sits and listens submissively while his country is castigated by Daniel Ortega—a Communist thug whose own daughter accused him of raping her.
* A narcissist who gave the Queen of England a present from the United Statesan iPod containing recordings of his own speeches.
* A so-called Christian who officially declared “Pride Month” for a lifestyle that the Bible calls an abomination.
* A man who wanted Americans to ignore his Muslim name during his election campaign, yet boasts of his Muslim name when he travels to Muslim countries.
* A man who can name hundreds of America’s shortcomings, yet none of its great accomplishments.
* A President who claims the moral high ground by closing Gitmo yet supports the transfer of terror suspects to countries where horrific torture is certain.
* A President who scoffed at being called a socialist yet acted to nationalize the auto industry, the banking industry, and the insurance industry . . . and now seeks to nationalize the healthcare industry.
* A President who violates private property rights, the sanctity of contracts, and the rule of law—three essential principles that go back over a thousand years in the Common Law tradition.
* A man who promised 95% of all Americans a tax cut, but is increasing taxes on 100% of the population through inflation—the cruelest tax of all.
* A lawyer who represented ACORN—an organization now indicted in several states for voter fraud—whose stated goal is to get as many people on welfare as possible in order to destroy our financial system.
* A President who cheated GM’s bondholders by giving their property to the UAW in a political payoff.
* An American President who frequently criticizes his own country when speaking in foreign countries, but never praises America’s generosity, goodness or greatness.
* A President whose Secretary of the Treasury cheated on his taxes—as did several other appointees and advisors.
* A President who scoffs at being called a socialist, yet has appointed 28 “Czars” to circumvent constitutional government, including: a“Science Czar” who has advocated compulsory abortions for American women and the “surrender of sovereignty” to a “comprehensive Planetary Regime;" a“Green Jobs Czar” who is a self-professed communist; a "Pay Czar” to unconstitutionally micro-manage the pay of corporate executives.
* A President who swore an oath to “preserve, protect and defend the constitution from all enemies, foreign and domestic,” yet who placed a domestic enemy of the Constitution (Sotomayor) to the Supreme Court.
* A President whose Homeland Security Chief classified pro-lifers, veterans, and supporters of traditional marriage as terrorists.
* A President who stood silent while the Iranian government hacked unarmed protestors to death with axes, because it was an internal matter, but freely offers his opinions about the internal affairs of Israel and Honduras.
* A President who decreed that true acts of terrorism must now be described as “man-made disasters.”
* A President who, on national television, called Special Olympians "retards."
* A President who refused to intercept or inspect a North Korean ship virtually certain to be carrying Weapons of Mass Destruction to Burma.
* A President who wants to cancel all missile defenses while rogue nations are developing long-range ballistic missiles.
* An American President who blames the violence in Mexico on America.
* A Commander in Chief who claims to have been unaware that Air Force One was taken on a terrifying, low-level photo-op over Manhattan.
* A President who berates American CEO’s for flying in private planes at private expense on company business, but whose wife spends hundreds of thousands tax payer dollars flying to Paris for shopping sprees.
* A President who promised a transparent administration, but requires all questions be screened before “impromptu” appearances.
* A man who freely admitted that his energy policies are designed to bankrupt the American coal industry.
* A President who has presided over the loss of 14.7 million jobs and whose “energy policy” will cause the loss of another 1 million jobs.
* A President whose “energy policy” will increase the average American’s utility bills by over $2,000 a year in the middle of the Great Recession.
* A President whose caucus rammed through unconstitutional “healthcare reform” which nationalizes almost one-fifth of the Americn economy.
* A President who is by definition a fascist, as his unconstitutional takeover of the healthcare industry, the auto industry, and the the financial and banking industry, has effectively nationalized one-half of the American economy.
SOMEONE KNOWS:
The vast majority of Americans do not know who he is, but someone surely does.
* Someone paid for his travel expenses to Pakistan and Indonesia.
* Someone engineered legal challenges to all of his election opponents for the State Senate and had them disqualified.
* Someone straightened and leveled his path to the U.S. Senate when a Democrat Judge made public the sealed child custody records of his Republican opponent. When he was a candidate for the U.S. Senate, someone arranged for him to speak at the 2004 Democratic National Convention.
* Someone saw to it that all of his records were sealed, both at home and abroad. Someone assembled the massive organization for his run for the Presidency. Someone knows all about him.



Obama has Paid the law firm of Perkins Coie, a single law firm, $2.3 million since he announced his campaign for presidency. Blocking dodging and weaving!!

WHO THE HELL IS HE ??? SEE THE ANALYSIS OF THE FAKE OBAMA PICTURES. THIS MAN IS 1000% FAKE !!

Barack Obama: The Pictures Speak A Thousand Lies
 Don Nicoloff has presented stunning evidence that everything we were told about Barack Hussein Obama by mainstream media are confabulations. In Part 6, Don presents further evidence that the very photos that the Obama camp flooded the Internet with to show us how young "Barry" developed and grew over the years are themselves fradulent as Obama's fictionalized genealogy, with many of those photos having been assembled and 'doctored' into existence with a photo editing program like PhotoShop. Look closely at the photos and read Don's very careful analysis and see if you agree that Obama and Obama's 'family' are virtual creations  ....

Obama Plans to Take Over The Country... are the Military going to go along with this plan???

Be Prepared Patrtiots. This comes without warning:
It happened in Hungary with George Sorros Help... It can Happen Here !
Could this be about not being able to warn others that something is going on in your neighborhood or that it’s headed their way?
Over the past week, the Internet and talk radio have been buzzing about an Executive Order quietly signed by President Obama that allegedly authorizes the Department of Homeland Security to get ready to shut down all domestic communication in case of a declared national emergency. Let me repeat: All domestic communication, which includes “New Generation Systems” – a.k.a. the Internet – within the United States.
Just exactly what qualifies as a “national emergency” is not clearly defined. But something tells me we’ll soon find out.
White House Executive Order 13618, signed July 6, 2012, and titled “Assignment of National Security and Emergency Preparedness Communications Functions,” could be used to prevent communication between U.S. citizens, allege some concerned, thus allowing the president to eliminate any and all opposition to his plans. You decide. The complete EO can be read here.
An article that recently appeared in Zero Hedge (“Guest Post: What Is President Obama So Afraid Of?”) connects the dots:
“Taken in conjunction with the NSA’s new Utah spy center (which will collect and archive the complete contents of every email, tweet, Facebook post, Google search, phone call and text message) and the National Defense Authorization Act, it’s clear that the Obama administration is expecting trouble from within.
“And with good reason,” the article continues. “By every possible calculation (except flat-out fraud), the U.S. government is completely insolvent, and its balance sheet is growing worse by the day. The dollar is beginning to be seriously challenged as the global reserve standard, and every effort politicians make to ‘fix’ the economy only makes things worse.
“As a matter of convenience, people are willing to deal with a lot of pain. They’ll suffer through wars, recessions, and all sorts of national unpleasantness. But the moment that rapidly decaying economics and shortages prevent people from being able to put food on the table for their families, they rise up,” the article warns. “Just look at the Arab Spring.
“This is all playing out with nearly perfect historical precision,” the article concludes. “Time and time again throughout history as once great empires accelerated their declines, governments have taken steps to protect their interests against the people.”
Here are more concerns voiced in a discussion that took place last week on GBTV/Real News.
Got your pen handy? It’s time to warn your friends and tell your representatives in Congress to do something about it. Get to them directly through GradeGov.com.
Feds keeping close tabs on us, says NSA whistleblower
“They’re pulling together all the data about virtually every U.S. citizen in the country … and assembling that information,” said NSA whistleblower William Binney during an interview last week conducted by an Internet journalist at a conference in New York City. “So government is accumulating that kind of information about every individual person, and it’s a very dangerous process.”
Binney said some1.6 billion logs have been processed since 2001. Read the story and watch the videotaped interview here. Then call your senator and congressman to, uh, voice your displeasure.
DHS cybersecurity team warns of hack attack
The very busy Department of Homeland Security issued an alert last week warning that a huge software system managing millions of computers and devices around the world is vulnerable to hack attacks.
Software developed by Tridium Niagara Framework enables military, corporate and health-care users, among others, to remotely control a wide array of devices, including video cameras, medical monitors, elevators and other sensitive operations.
The alert notified cybersecurity officials that “Niagara users should immediately prohibit guest users, bolster passwords, cut off direct access to the Internet and take other steps to prevent hackers from exploiting configuration and software flaws.”
The Washington Post explains it in everyday language. The Tridium website alert is a bit more tech-speak. But bottom line, it’s all about password security. Here’s a video that helps explain the vast cyber network and how it is connected.
Yahoo – Oh!
Was your Yahoo account login password among the 450,000-plus posted online by hackers? Mine was. Friends wrote me that they were receiving offers for male enhancement products!
To avoid that in the future, you should use a different password for each of your accounts. Make sure the password is made up of a scramble of numbers and upper and lower case letters. You can also use a free online tool that will store your passwords and use them for you, including KeePass, 1password and LastPass. And let the only “enhancements” be your brilliantly written emails instead.
Here we Go-ogle again
Google’s at it again. Using a special computer code, the Internet giant used “cookies” to fool Apple’s Safari browser in order to monitor iPhone and iPad users.
Google claimed the move was ‘inadvertent” and has removed the code, which violated a previous Google agreement with the FTC to be open about its privacy practices. So now Google has to ante up $22.5 million, a mere drop in the bucket to the billion-dollar enterprise. What’s that expression? “Better to beg forgiveness than ask permission.” Yep. That’s Google.
Bringing down the ‘Net?
What do cyber warfare, space weather, political mandate and cable cutting have in common? All four could bring down the Internet. Here’s how.
Putin puts kibosh on Internet – quashes critics
Vladimir Putin has been president only two months, and he’s already begun cracking down on his Russian critics. Russia’s parliament quickly passed an Internet bill last week that allows the government to block blacklisted or “no list” websites. ISPs and site owners will now be forced to shut down any website on this list.
Could the next step be a crackdown on dissenters? Activists think so, saying this is the latest sign of growing civil freedom repression in Russia.
Fishing for criminal activity
Did you know your Facebook page is being monitored for criminal activity?
The FB social media network and other social platforms are eyeballing users’ chats for criminal activity and tipping off police if they detect suspicious behavior. Specially created canning software looks for words or certain phrases, then alerts FB employees about anything questionable. They then contact the police. Here’s Facebook’s policy on Law Enforcement and third-party matters.
Related: “State Law Requires Sex Offenders to List Status on Facebook.”
Everything old is new again
A pilot program in New York City is turning obsolete payphone kiosks into WiFi stations. The free service is currently in a trial phase, but if it takes off, it will take off big. It’s the Big Apple’s latest version of the happening “hotspot.”
Bits & Bytes

WHO IS OBAMA ??? THE LIES AND COVERED UP FACTS OF OBAMA'S PAST... The Communists and the New World Order Goons set this up and to the winner between them will go the spoils..OUR AMERICA!!

From Pam Geller  in 2008
Atlas Shrugs!
HOW COULD STANLEY ANN DUNHAM HAVE DELIVERED BARACK HUSSEIN OBAMA JR. IN AUGUST OF 1961 IN HONOLULU, WHEN OFFICIAL UNIVERSITY OF WASHINGTON RECORDS SHOW HER 2680 MILES AWAY IN SEATTLE ATTENDING CLASSES THAT SAME MONTH?

Obama is driving us hard into the ravine of Poverty and "Third Worldism". Its the dream of his Father and all his Mentors!

The Obama Watch

THE DEATH OF AMERICA AS WE KNOW IT!

A Second Term Will Be Terminal

Another four years of Obamanomics and Argentina will be crying for us.
With a second term for Obama, the world-leading America we have known and hoped to leave to our children will be gone. Last Friday's jobs report confirms that Obama is well on his way to transforming America into a third world country, with declining living standards and perpetual economic stagnation.
Argentina enjoyed the world's fourth highest per capita GDP in 1929, on par with America at the time. But then the nation lost its way in embracing a leftist, union allied government, which took control of the economy and imposed wildly irresponsible taxes, spending, deficits, and debt. After World War II, the hugely popular Juan Peron came to power and institutionalized the madness. It has been all downhill for Argentina ever since. Do you recognize the pattern?
Today, Argentina ranks 53rd in the world in per capita GDP, according to the International Monetary Fund, 57th in the CIA World Factbook, at a level less than one third that of America. But its national debt at 51% of GDP is actually less than that of the United States under the Obama administration, where we are rocketing towards 100% of GDP by the end of this year, and 200% in 25 years, according to CBO.
The Worst Economic Recovery Since the Great Depression: ConfirmedLast Friday's jobs report indicated the most commonly cited U3 unemployment rate remains stuck at 8.2%. That makes 41 straight months of unemployment over 8%, which the Joint Economic Committee of Congress confirms is the worst recovery from a recession since the Great Depression almost 75 years ago. The total number of Americans unemployed actually rose over the last 3 months by 76,000, 54 months after the recession started, and 3 years after it was supposedly over. Since the Great Depression, and before this last recession, recessions in America have lasted 10 months on average, with the longest previously lasting 16 months.
Indeed, the last time before Obama that unemployment was even over 8% was December 1983, when Reaganomics was bringing it down from the Keynesian fiasco of the 1970s. It didn't climb back above that level for 25 years, a generation, which is a measure of the spectacular success of Reaganomics. That success was centrally based on reducing tax rates, which our ignorant Marxist President says was tried but didn't work.
Moreover, Obama's June unemployment rate was not much, much higher only because over 7.2 million working people have given up even looking for work as a hopeless waste of time under President Obama, so they are not counted as unemployed in the U3 unemployment rate. Including these workers, who still exist and still do not have jobs, the unemployment rate would be 11%.
Besides the 12.7 million Americans who are counted as unemployed, another 8.2 million were employed part-time for economic reasons. "These individuals were working part-time because their hours had been cut back or because they were unable to find a full-time job," the Bureau of Labor Statistics (BLS) reported. Another 2.5 million workers were marginally attached to the labor force, as they "wanted and were available for work, and had looked for a job sometime in the prior 12 months," but "[t]hey were not counted as unemployed because they had not searched for work in the [prior] 4 weeks."
That leaves the total army of the unemployed and underemployed at 23.4 million Americans. Counting these workers, the BLS reports the U6 unemployment rate as rising to 14.9% in June. If we add in the long-term discouraged workers that the BLS does not even count anymore, the Shadow Government Statistics website reports the total unemployment rate increasing to 22.8% in June.
In contrast, Obama promised us when he first entered office that if his nearly $1 trillion in stimulus spending passed, the unemployment rate would never exceed 8%, and would decline to 5.8% by May of this year, when in reality it was 8.2% and rising that month. The peak of the Obama Presidency came in February 2009, his first month in office, which is the last time he said something correct about the economic recovery, predicting to Matt Lauer on national television, "If I don't have this done in three years, then this is going to be a one-term proposition." We are now well past Obama's own self-imposed deadline.
The unemployment rate for African -Americans actually rose last month to 14.4%, and it has remained at such depression era levels for Obama's entire Presidency. Hispanics have suffered double digit unemployment throughout Bush's Presidency as well, at 11% again last month. For teenagers, the rate last month stood at 23.7%. For black teenagers, unemployment rose last month to 39.3%. For Hispanic teenagers, the unemployment rate rose to 31%.
Friday's labor report further indicated that the jobs picture has only been worsening under Obamanomics. A million more workers were suffering long-term unemployment of 27 weeks or longer in June than at the supposed end of the recession 3 years ago. Moreover, the median length of unemployment had risen to 19.8 weeks in June compared to 17.2 when the recession supposedly ended.
How Stupid Do They Think We Are?Obama tells us that the 80,000 jobs created last month (25,000 were mere temp jobs) were "a step in the right direction." A very tiny baby step at best, as the working age population grew by 191,000 in the same month. Moreover, 85,000 went on the disability rolls during the month, fleeing the Obama economy for their only alternative, taxpayer dependency. Another 275,000 applied for disability during the month.
Obama's chief economic policy advisor Alan Krueger actually boasted that private sector jobs have grown for "28 straight months for a total of 4.4 million payroll jobs during that period." But at the same point during the Reagan recovery, the economy had created 9.5 million new jobs.
Krueger thinks we are too stupid to know that job growth is the norm and not the exception for the American economy. In the 62 years from the end of World War II in 1945 until 2008, jobs grew in 86% of the months, or 640 out of 744. His statement is just a further example of the Obama administration's practice of Calculated Deception.
Reagan's recovery produced job growth in 81 out of its first 82 months, with 20 million new jobs created in those first 7 years alone, increasing the civilian work force at the time by 20%. That grew into 50 million new jobs over the entire Reagan 25 year boom from 1982 to 2007. Compare that to the disgrace of Obamanomics. While Obama tries to claim 4.4 million new jobs created, total jobs today are still half a million less than in January 2009 when he entered office. Even George Bush oversaw 52 consecutive months of job growth, including 8 million new jobs created after his 2003 capital gains and dividends tax rate cuts became effective (which Obama is dedicated to reversing).
Krueger also solemnly told the public, "it is important not to read too much into any one monthly report." But as documented July 6 by Bryan Preston for PJMedia, the Obama Administration has said the exact same thing for each of the last 30 months. Do ya think 2 ½ years might constitute a trend?

The Disgrace of ObamanomicsObama's tragic jobs record reflects the dismal economic growth under his Administration's perverse economic policies. For all of last year, the economy grew by a paltry real rate of only 1.7%, only about half America's long-term trend. The average so far this year has been no better.
In sharp contrast, in the second year of Reagan's recovery, the economy boomed by a real rate of 6.8%, the highest in 50 years. During the first 7 years alone, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third largest in the world at the time, to the U.S. economy. Real per capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20%. The poverty rate, which had started increasing during the Carter years, declined every year from 1984 to 1989, dropping by one-sixth from its peak.
But President Obama, following the exact opposite of the policies of Reagan in every detail, is on exactly the opposite course. The Census Bureau reports falling real wages under Obama, kicking median family income back over 10 years. Census also reports more Americans in poverty today than at any time in the more than 50 years that Census has been tracking poverty. That is why Obama can also boast an all-time record number of Americans on food stamps, which is why Newt Gingrich has rightly labeled him "the food stamp President."
Obama cannot explain away this disgrace of Obamanomics by arguing that the economy has performed so poorly under his Administration because the recession he inherited from Bush was so bad. That is exactly what he is arguing when he says "there are no quick fixes to the problems we face that were more than a decade in the making." But the American historical experience is that the worse the recession, the stronger the recovery, as the American economy snaps back to its world-leading, long-term, economic growth trend line. Based on this historical record, we should be enjoying the third year of a raging economic recovery boom right now.
This historical experience was reflected by the surging Reagan recovery boom from the deep 1981-1982 recession. And it is why Obama was confident enough to tell Matt Lauer and the nation in 2009 that if he doesn't have the economy hopping after 3 years, he is going to be a one-term President. If anything, because of the severity of the recession, Obama should have been blessed with an even more booming recovery than Reagan. But the dismal economic performance we have suffered instead, with no real recovery from the steep 2008-2009 recession at all, is the disgrace of Obamanomics.
The Coming Crash of 2013
For the first time on Monday, Obama indicated that the Bush tax cuts may not be made permanent for those making less than $200,000 a year. For why would he otherwise propose only a one-year extension of those tax cuts? If he terminates those tax cuts after one year, that would constitute yet another tax increase on the middle class, besides Obamacare.
This partial one-year extension of the Bush tax cuts will not do anything to promote the economy. Temporary tax relief does not work in any event to advance economic growth, because it is discounted by investors, consumers, and businesses as only a passing fad. But extending the Bush tax cuts for those making less than $200,000 per year would not be a tax cut from the current rates, but only an extension of the same rates that have been in force for 10 years or more. So there is no boost to the economy from that. Note that these are the tax cuts adopted by Bush and the Republicans for those making less than $200,000 per year, contrary to Obama's claims that Bush and the Republicans only cut taxes for "the rich," which are only despicable, manipulative lies so dishonest that they should disqualify Obama from office.
Indeed, instead of adopting tax cuts promoting the economy, Obama's tax proposal on Monday would terminate the Bush tax cuts for those making over $200,000. So it would only trash the economy, because it would involve a huge tax increase on the nation's small businesses, job creators, and investors. Counting the tax increases of Obamacare that will also go into effect next year under current law, the top two income tax rates would increase by nearly 20%, the capital gains tax rate would increase by nearly 60%, the tax on dividends would nearly triple, and the death tax would rise from the grave with a 55% top rate. While Obama says only 3% of small businesses would be affected, the tax increases would apply to close to two-thirds of small business income, which is the foundation for most jobs.
This is all on top of the corporate tax rate which under President Obama is the highest in the industrialized world at nearly 40%, counting state corporate rates on average. Even Communist China offers a 25% corporate rate. The social welfare states of the European Union are even lower on average, with formerly socialist Canada now featuring a 15% corporate rate, and economic powerhouse Germany not much higher.
American businesses are uncompetitive in the global economy with this tax burden. But under President Obama, there is no relief in sight. Instead, he has been barnstorming the country for the last two years calling for still more tax increases. Under his so-called Buffett Rule, which would double the capital gains tax, America would suffer the fourth-highest capital gains tax rate in the industrialized world, besides the world's highest corporate tax rate.
When you add up all those multiple tax rate increases on top of Obama's exploding regulatory costs, the result will be to push the economy back into recession next year, with unemployment soaring back over double digits, and the deficit soaring to new all time records over $2 trillion, the highest in world history. It is working people who will be hurt the most, because they are the ones who will lose the jobs they need for their basic standard of living. Even those with jobs will suffer further declining real wages and incomes because of the shredded demand for labor.
There is no economic theory under which increasing tax rates promotes economic growth and recovery, particularly rate increases on job creators and investors. Even under Keynesian economics, such tax increases are contractionary. Indeed, even Karl Marx would tell you that such tax rate increases would bring a market economy down, not up.
Obama falsely claims he is only restoring the Clinton era tax rates. But Obama is well beyond that now, because he is imposing the Obamacare tax increases next year as well, and he has been proposing still further tax increases. The top marginal income tax rates that drive the economy would consequently soar by well over 30%, probably close to 40% or more.
Obama says we tried the Bush tax cuts for "the rich" and they didn't work. So let's review how exactly they did work out. Bush cut the top income tax rate by 11.6%, from 39.6% to 35%, and the second highest rate by about 8%, from 36% to 33%. But he cut the lower rates by higher percentages, including slashing the bottom rate by 33%, from 15% to 10%. Then in 2003, he cut the tax rates on capital, reducing the capital gains tax rate by 25% from 20% to 15%, and the tax rate on corporate dividends to 15% as well.
These tax rate cuts first quickly ended the 2001 recession, despite the contractionary economic impacts of 9/11, and the economy continued to grow for another 73 months. After the rate cuts were all fully implemented in 2003, the economy created 7.8 million new jobs over the next 4 years and the unemployment rate fell from over 6% to 4.4%. Real economic growth over the next 3 years doubled from the average for the prior 3 years, to 3.5%.
In response to the rate cuts, business investment spending, which had declined for 9 straight quarters, reversed and increased 6.7% per quarter. That is where the jobs came from. Manufacturing output soared to its highest level in 20 years. The stock market revived, creating almost $7 trillion in new shareholder wealth. From 2003 to 2007, the S&P 500 almost doubled. Capital gains tax revenues had doubledby 2005, despite the 25% rate cut!
Consequently, the Bush tax cuts helped to extend the Reagan boom for 25 years, until 2008. By then, the government had induced the financial crisis, through regulations looting the banks for subprime mortgages demanded in the name of affordable housing for the poor and minorities, and through the Fed's cheap dollar monetary policies, which began the restoration of perverse Keynesian economics. Punishment for the results is now long overdue for the advocates of those policies.

About the Author

Peter Ferrara is Director of Entitlement and Budget Policy for the Heartland Institute and General Counsel of the American Civil Rights Union. He served in the White House Office of Policy Development under President Reagan, and as Associate Deputy Attorney General of the United States under the first President Bush. He is the author of America’s Ticking Bankruptcy Bomb (HarperCollins).

Obama The Dumb ASS.. never worked in Business so he puts Entrepreneurship down all the time... WHAT A SHITHEAD !!

Entrepreneurship means risk. The risk of walking away from security and career path to create something new. The risk of taking yourself and your family into an unfamiliar storm of stress and uncertainty. The risk that you've miscalculated an opportunity, or your own internal resources as you plunge into a new venture.

Sunday, July 15, 2012

OBAMA CAMPAIGN FUCKS UP AGAIN... Report shows Obama took donations from Bain executives

Report now...shows Obama took donations from Bain executives
THE TWO FACED..."EFFIN" SHITS AT THE OBAMA CAMPAIGN.. ARE PURE DUMB SHITS WHEN IT COMES TO STRATEGY.

Obama is fulfilling the prophecy of the book ATLAS SHRUGGED.... by Ayn Rand!

PATRIOTS:  HAVE YOU ALL READ THE WORKS OF AYN RAND ????Obama is fulfilling the prophecy of the book ATLAS SHRUGGED.... by Ayn Rand!









If you will consider it...start with her book..."We the Living"...then move up. through the anthology to The Fountainhead.... Read Atlas last....Atlas Shrugged is 1072 pages of 8 pt print.
Also pick up "Anthem" if you are at the store !!...
Once you have read those and you want some insight into the pholosophy ... then read the non Fiction books she has written:
Non-fiction Books Published by Ayn Rand
•For the New Intellectual (1961)
•The Virtue of Selfishness (1964)
•Capitalism: The Unknown Ideal (1966)
•The Romantic Manifesto (1969)
•The New Left: The Anti-Industrial Revolution (1971)
•Introduction to Objectivist Epistemology (1979)
********
 FYI... Most of My Hero Ronald Reagan's cabinet were "Randists"
In 1966, Ronald Reagan wrote in a personal letter, “Am an admirer of Ayn Rand.” Today, Rep. Paul Ryan (R-WI) credits Rand for inspiring him to go into politics, and Sen. Ron Johnson (R-WI) calls Atlas Shrugged his “foundation book.” Rep. Ron Paul (R-TX) says Ayn Rand had a major influence on him, and his son Sen. Rand Paul (R-KY) is an even bigger fan. A short list of other Rand fans includes Supreme Court Justice Clarence Thomas; Christopher Cox, chairman of the Security and Exchange Commission in George W. Bush’s second administration; and former South Carolina governor Mark Sanford.
YOU ARE IN GOOD COMPANY AS AN ADMIRER OF THE WORKS OF AYN RAND !!
THE LEFT AND THE LIBERALS HATE HER WITH A PASSION!!
http://www.aynrand.org/site/PageServer?pagename=index






Saturday, July 14, 2012

Spanish Company Owned by George Soros “Counted” America's Votes Overseas In November 2012. WE SAW THE RESULTS!

THE ULTIMATE OUTSOURCING FOR OBAMA..... HIS PUPPET MASTER SLAVE BOSS...GEORGE SORROS WILL BE HELP WIN THE ELECTIONS IF ALL ELSE FAILS...
IT DOES NOT GET ANY WORSE THAN THIS IN TERMS OF OUTSOURCING PATRIOTS... YOU MUST SHARE AND BE OUTRAGED!CONTACT YOUR ELECTED REPRESENTATIVES:...
Click on this link for the entire list PLEASE

SAVE THIS INFO.... ITS A COMPLETE LIST OF ALL OUR ELECTED REPRESENTATIVES: USE IT DAILY TO SEND PILES OF PAPER FROM OUR SIDE. WHEN OUR PEOPLE TALK THEY ARE AWAKEND !
http://conservativeusa.org/mega-cong.htm?ref=nf

Friday, July 13, 2012

Obama Overturns Congress & The Law Again –Guts Federal Work Requirements From Clinton Era Welfare Reform

ILLEGAL ACTTIONS: No resposnse or ACTION from Congress or THE ARMED FORCES:
Obama Overturns Congress & The Law Again –Guts Federal Work Requirements From Clinton Era Welfare Reform

On July 13, 2012, in news, politics, by velvethammer


Collapse of the system is what Obama's tyrannical dreams are made of.
The imperial Presidency has overturned Congress and the law again. Not content to stop at rewriting immigration policy, education policy and energy policy, yesterday, President Obama’s Department of Health and Human Services (HHS) released an official policy directive rewriting the welfare reform law of 1996. The new policy guts the federal work requirements that were the foundation of the Clinton-era reform.
……
Welfare reform replaced the old Aid to Families with Dependent Children with a new program, Temporary Assistance for Needy Families (TANF). The Heritage Foundation played a pivotal role in building bipartisan consensus for the reform and providing many of the recommendations that became part of the law. The whole point was that able-bodied adults should be required to work or prepare for work as a condition of receiving welfare aid.
Oath? What Oath. MuhahahahaHa!
This reform was very successful. TANF became the only welfare program (out of more than 70) that promoted greater self-reliance. It moved 2.8 million families off the welfare rolls and into jobs so that they were providing for themselves. Child poverty fell, and single-parent employment rose. Recipients were required to perform at least 20–30 hours per week of work or job preparation activities in exchange for the cash benefit.
Now, Obama’s HHS is claiming that it can waive those work requirements that are at the heart of the law, and without Congress’s consent.


When it established TANF, Congress deliberately exempted or shielded nearly all of the TANF program from waiver authority. They explicitly did not want the law to be rewritten at the whim of HHS bureaucrats. In a December 2001, the non-partisan Congressional Research Service clarified that there was no authority to override work and other major requirements: “Effectively, there are no TANF waivers,” it reported.
But that did not stop the Obama Administration, which has been increasing welfare spending at an alarming rate already. President Obama has added millions to the welfare rolls, and his Administration has come under fire lately for its efforts to expand and add more Americans to the food stamp program.
This is a chronic problem: Over the past two decades, welfare spending has grown more rapidly than Social Security and Medicare, education, and defense. The TANF reform was one small step in the direction of reducing Americans’ dependence on government programs and getting them back on their feet. Cutting its work component is likely to unnecessarily swell the ranks of welfare recipients and with no way to pay for it.
Heritage experts Robert Rector and Kiki Bradley explained further in their comprehensive analysis of yesterday’s announcement:
In the past, state bureaucrats have attempted to define activities such as hula dancing, attending Weight Watchers, and bed rest as “work.” These dodges were blocked by the federal work standards. Now that the Obama Administration has abolished those standards, we can expect “work” in the TANF program to mean anything but work. The new welfare dictate issued by the Obama Administration clearly guts the law.
Obama certainly didn’t tell people he was going to gut welfare reform when he was running for President in 2008—and why would he? “Welfare horror stories helped elect Ronald Reagan,” wrote Mickey Kaus of The Daily Caller. “A promise to ‘end welfare as we know it’ elected President Clinton…And in 2008, Barack Obama didn’t dare suggest that he wanted to do what he has done today.”
While the 1996 welfare reform successfully moved people from welfare into work, it did not “end welfare as we know it.” Now, however, the Obama Administration has ended welfare reform as we know it. The President cannot hide his disastrous unemployment record by depriving Americans of the hope of a job. He should immediately reverse this course, and offer constructive ideas for economic growth rather than government dependence.

Mitt Romney responds:
That reform, originally vetoed but later signed into law by President Bill Clinton, is widely viewed as the most successful policy initiative in a generation.  Under it, the growth in welfare rolls was reversed and millions of people moved from welfare to work.
Despite its success, however, many liberals remain opposed to reform.  For example, in the years immediately after passage of the law, Barack Obama himself pledged to do all he could to undo it.  Now, he has.
……
Friday morning, with Obama’s action still largely unreported, Romney released a statement calling Obama’s move “completely misdirected.”
“President Obama now wants to strip the established work requirements from welfare,” Romney said.  “The success of bipartisan welfare reform, passed under President Clinton, has rested on the obligation of work. The president’s action is completely misdirected. Work is a dignified endeavor, and the linkage of work and welfare is essential to prevent welfare from becoming a way of life.”


Obama the shady politician...Felons, Fugitives, and Shady Characters in Obama's Life

Top Ten Felons, Fugitives, and Shady Characters in Obama's Life

Now that the increasingly erratic and desperately sleazy Obama campaign has decided to cavalierly throw around the word "felony" when it comes to pushing a campaign of lies surrounding Mitt Romney and Bain Capital, this seems like a good time to jump in the wayback machine for a look at the actual convicted felons, criminals, and dubious characters who have always been associated with Barack Obama's political life.

What? What's that? You don’t want to talk about this?
Objection overruled, Corrupt Media!
The President opened this door, and now we're going to walk right on through it.
Starting with…
1. Former Illinois Governor Rod Blagojevich: Sentenced to 14 years in prison for political corruption.
President Barack Obama's chief of staff, then a congressman in Illinois, apparently attempted to trade favors with embattled Illinois Gov. Rod Blagojevich while he was in office, according to newly disclosed e-mails obtained by The Associated Press.
Emanuel agreed to sign a letter to the Chicago Tribune supporting Blagojevich in the face of a scathing editorial by the newspaper that ridiculed the governor for self-promotion. Within hours, Emanuel's own staff asked for a favor of its own: The release of a delayed $2 million grant to a school in his district.
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2. Tony Rezko: Sentenced to 10 and a half years for corruption and kickbacks.
Politico:        
Rezko raised money for Obama when he ran for Illinois senator, but not during his presidential campaign, the AP noted.
Obama also involved Rezko in a house deal after he was elected to the U.S. Senate, a move he later called “a boneheaded mistake,” according to a 2008 report in ABC News.
Obama wanted to purchase a home that the seller had a specific condition on: the adjacent empty lot to the house had to be purchased at the same time, ABC News reported. In the house deal, Rezko’s wife paid the full asking price for that parcel, $625,000.
Obama shelled out $300,000 under the house’s asking price, paying $1.65 million, according to ABC News. Obama then purchased a part of Rezko’s lot for $104,500.
“It was a mistake to have been engaged with him at all in this or any other personal business dealing that would allow him, or anyone else, to believe he had done me a favor,” Obama told the Sun-Times at the time.
Obama said his connection to Rezko was “above board and legal.”
Rezko and others connected to him gave Obama’s 2004 Senate campaign more than $120,000, ABC News reported.
While Rezko's wife paid the full asking price for the land, Obama paid $300,000 under the asking price for the house. The house sold for $1,650,000 and the price Rezko's wife paid for the land was $625,000.
Obama denies there was anything unusual about the price disparity. He says the price on the house was dropped because it had been on the market for some time but that the price for the adjacent land remained high because there was another offer.
Obama then expanded his property by buying a strip of the Rezko land for $104,500, which the senator maintains was a fair market price.
Obama later told the Chicago Sun-Times, "It was a mistake to have been engaged with him at all in this or any other personal business dealing that would allow him, or anyone else, to believe he had done me a favor."
Obama had known Rezko long before the house deal, calling him a "friend."
An ABC News review of campaign records shows Rezko, and people connected to him, contributed more than $120,000 to Obama's 2004 campaign for the U.S. Senate, much of it at a time when Rezko was the target of an FBI investigation.
It's important to keep in mind that this was dutiful reporting from the media. Any attempts to turn this into the Bain-style narrative it deserved and still deserves to be has always been blunted by the media. This is the shadiest land deal involving a politician in my lifetime, and Obama got away with it legally and politically.
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3. Courtney Dupree: Democratic fundraiser convicted of bank fraud.  
Dupree, who attended the elite Wharton School of Business, was a rainmaker in Democratic circles.
In 2008, Dupree hosted a $1,000-a-ticket fund-raiser for Barack Obama at his Broad St. apartment that was attended by top aide Valerie Jarrett.
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4. Willie Shepherd: Obama bundler plead guilty to assault.
On Tuesday, Shepherd was sentenced to 12 months of supervised probation, according to state court documents.
Shepherd, the former finance co-chairman of the Democratic National Convention host committee, was originally charged with negligent child abuse and third-degree assault that knowingly caused injury — a class one misdemeanor. Those charges were dismissed and Shepherd pleaded guilty to the class two misdemeanor.
Shepherd, 44, the former finance co-chairman of the Democratic National Convention host committee and $100,000-plus bundler for Barack Obama's 2008 presidential campaign, pleaded not guilty to the charges last month at a Denver court hearing.
Denver police on Sept. 13 were called to Shepherd's house by his wife, Sarah Trainor-Shepherd, who said she had been the victim of domestic violence, according to the arrest affidavit.
The court document says police officers noticed a red mark on her brow and bruises on her face and arm, but Trainor-Shepherd then told police she did not want to press charges.
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5. John Corzine: Top Obama fundraiser currently under FBI investigation. Obama's "Wall Street guy."
Jon Corzine, now the center of an FBI investigation into the handling of hundreds of millions of dollars invested in his securities firm, was one of the leading Wall Street fundraisers for President Obama’s campaign and suggested to investors that he might take a top administration post if the president were re-elected.
His new legal troubles, sparked by the bankruptcy filing of his investment firm, MF Global, could complicate the president’s efforts to raise money from the financial community given Corzine’s central role in those efforts.
A recent list of top “bundlers” or elite fundraisers released by Obama’s campaign listed Corzine in the highest category -- reporting that he had raised more than $500,000 for the campaign. A substantial chunk of those funds were collected at a $35,800 per ticket fundraiser that Corzine hosted at his wife’s spacious Fifth Avenue apartment last April -- an event that was touted at the time as part of a concerted effort by the president’s campaign team to reach out to well-heeled Wall Street donors who had been alienated by some of his policies and previous public comments. 
In a sign of his emerging role as a financial guru for Barack Obama, Gov. Jon Corzine Sunday unveiled the latest piece of the presidential candidate's plan to curb soaring oil prices.
The governor touted an Obama proposal that marked the latest clash between the Democrat and Republican opponent John McCain over energy policy, as voters rank the economy as their biggest concern heading into the November election.
In his plan, Obama calls for more regulation in oil markets by promising to close the so-called "Enron loophole" that exempts some energy trading from federal oversight. The rollout also provided a showcase for Corzine, the former Goldman Sachs CEO whom Obama referred to as "our Wall Street guy" at a meeting of Democratic governors in Chicago on Friday.
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6. Shervin Neman: Obama bundler currently under investigation for fraud.
The Obama campaign will return the donations of an accused Ponzi schemer who is facing an SEC investigation, a campaign official confirms.
"With 1.8 million donors thus far, we constantly review those contributions for issues. In this particular case, we will be refunding the contributions and have placed the funds in escrow until a trusteeship or other appropriate place to return these funds is established given the interests of the investors," a campaign official told POLITICO.
Shervin Neman, a hedge fund manager in Los Angeles, stands accused by the SEC of defrauding members of his California Persian-Jewish community, the conservative Washington Free Beacon reports.
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7. Abake Assongba: Obama bundler under investigation for fraud.
New Yorker Abake Assongba has pledged to help President Obama win reelection, and as one of his 400 volunteer fundraisers, she has delivered $50,000 to the cause.
But she is also trailed by some controversy, accused in court of defrauding a businessman out of $657,000, impersonating a bank official and dodging creditors.
Assongba disputes the allegations, but the mysteries around her personal life highlight a challenge for Obama’s reelection effort and other presidential campaigns. The astronomical cost of running for the White House requires an army of bundlers, many of whom are strangers to the campaign. And as candidates quickly learn, it is no small task to woo — and vet — those citizen fundraisers.
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8. Alberto and Carlos Cardona: Obama bundlers with ties to a Mexican fugitive accused of attempted assassinations.
The Obama campaign will return more than $200,000 in campaign donations from the American relatives of a fugitive Mexican businessman and casino owner, a campaign official said Tuesday.
“On the basis of the questions that have been raised, we will return the contributions from these individuals and from any other donors they brought to the campaign,” said Ben LaBolt, a spokesman for the campaign.
The fugitive, Juan Jose Rojas “Pepe” Cardona, fled drug charges and other legal troubles in Iowa in 1994 and rose to prominence as a wealthy Mexican casino operator. State Department reports have also linked him as a suspect in attempted assassinations of business rivals and illegal political donations in Mexico.
According to a story first reported by The New York Times, Pepe Cardona’s American brothers have suddenly emerged as major Democratic donors — raising and contributing up to $300,000 to the Obama campaign alone, mostly from relatives. The donations put one brother, Alberto Rojas Cardona, in the top bracket of Obama campaign volunteer fundraisers, known as bundlers.
According to the Times, another brother, Carlos Cardona, has also been approaching political figures — including a former chairman of the Iowa Democratic Party and a former governor of Iowa — trying to seek a pardon for his brother Pepe Cardona.
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9. Solyndra: First company to receive taxpayer backed loans from Obama. Solyndra's investors are Obama bundlers. The FBI raided Solyndra last September.
The Obama Administration loaned over $500 million to Solyndra via an accelerated process; later, of course, Solyndra went bankrupt and had to fire 1,100 employees. Some of Solyndra’s biggest stakeholders were major Obama donors – George Kaiser, an Oklahoma billionaire, raised between $50,000 and $100,000 in 2008; Steve Westly, an Obama bundler, was linked with Solyndra; so was Steve Spinner, another Obama fundraiser, who pushed the Administration to greenlight the loan, even while his wife’s law firm was legally representing the company.
An FBI raid on Solyndra Inc., a solar-panel maker that failed after receiving a $535 million loan guarantee from the U.S. Energy Department, may signal the escalation of a probe into the Obama administration’s clean- energy program.
Agents for Energy Department Inspector General Gregory Friedman, who has called the department’s clean-energy loan program lacking in “transparency and accountability,” joined in the search yesterday at the Fremont, California, headquarters of Solyndra, which filed for bankruptcy protection on Sept. 6.
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10. Bill Ayers: Unrepentant domestic terrorist. Early Obama backer. Fellow board-member of the Woods Foundation. 4th of July pal.
As a presidential candidate in 2008, Barack Obama disavowed any connection with former domestic terrorist Bill Ayers, the Weather Underground radical who was one of Obama's early backers and his colleague on the board of the Woods Fund in Chicago. We now have proof that Obama's association with Ayers continued even after Obama had been elected to represent Illinois in the U.S. Senate--in the form of a now-scrubbed blog post placing Obama at the home of Ayers and his wife, fellow radical Bernardine Dohrn, on July 4, 2005.
Dr. Tom Perrin, Assistant Professor of English at Huntingdon College in Montgomery, Alabama, was a graduate student at the University of Chicago at the time, and maintained a blog called "Rambling Thomas." He lived next door to Ayers and Dohrn in Hyde Park. He wrote at 8:44 a.m. on July 6, 2005:
Guess what? I spent the 4th of July evening with star Democrat Barack Obama! Actually, that's a lie. Obama was at a barbecue at the house next door (given by a law professor who is a former member of the Weather Underground) and we saw him over the fence at our barbecue. Well, the others did. It had started raining and he had gone inside be the time I got there. Nevertheless.
Dohrn is a Clinical Associate Professor of Law at Northwestern University, and Chicago did, in fact, record rainfall on the Fourth of July holiday in 2005.
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We all know the media will refuse to vet Obama's sordid past until he's safely out of office. But other than Ayers, every convicted felon and person under investigation listed here was a part of Obama's political life while he was president or running for president.
In the case of domestic terrorist Bill Ayers, he and Obama enjoyed that barbecue together in 2005, when Obama was only a United States Senator.

Follow John Nolte on Twitter @NolteNC

OBAMA OUTSOURCED... $ 95 THOUSAND MILLION DOLLARS

Obama’s Outsourcing Far Worse Than Romney’s....  Taking our Tax money and paying European Banks 95 BILLION.... Is the WORST!!

CAN YOU Freaking Believe this shit ????
Thats $ 95 THOUSAND MILLION DOLLARS

ONE TRILLION DOLLARS!! Obama on Track for Fourth Straight Year of Trillion-Dollar Deficit !

ONE TRILLION DOLLARS!! Obama on Track for Fourth Straight Year of Trillion-Dollar Deficit ! See what the staggering numbers are !!


US Debt Visualized in $100 Bills
United States owes a lot of money. As of 2012, US debt is larger than the size of the economy. The debt ceiling is currently set at $16.394 Trillion, estimated to be hit around Sep 14, 2012.


The U.S. budget deficit grew by nearly $60 billion in June, remaining on track to exceed $1 trillion for the fourth straight year.
Through the first nine months of the budget year, the federal deficit totaled $904.2 billion, the Treasury Department reported Thursday.
President Barack Obama is almost certain to face re-election having run trillion-dollar-plus deficits in each of his first four years in office. That would likely benefit his opponent, GOP presumptive nominee Mitt Romney.
Obama and congressional Republicans remain at odds over how to lower the deficit. Unless their disagreement is broken, a series of tax increases and spending cuts could kick in next year. Economists warn that could dramatically slow an already weak U.S. economy and even tip it back into a recession.
The Congressional Budget Office predicts the deficit for the full year, which ends on Sept. 30, will total $1.17 trillion. That would be a slight improvement from the $1.3 trillion deficit recorded in 2011, but still greater than any deficit before Obama took office.
One positive sign this year is the deficit is growing more slowly than last year.
In June it was 6.8 percent behind the pace for the same period in budget year 2011. And a key reason for that is that revenues are up 5.2 percent this year, while spending is down by 0.9 percent.
But the modest improvement has not cooled the budget debate in Washington.
Obama submitted a budget request to Congress in February that sought $4 trillion in deficit reduction over the next decade through a combination of spending cuts and tax hikes.
A key part of his proposal is to allow tax cuts to expire for couples earning more than $250,000. He has called for extending similar cuts for people earning less than that.
Obama would also set a 30 percent tax rate on taxpayers making more than $1 million.
Republicans have rejected the tax increases. They want more cuts in government programs. The GOP-controlled House has approved a budget that calls for deep cuts in Medicare and other programs and a new round of tax cuts that would favor wealthy Americans.
The House-approved spending plan has no chance of passing in the Senate, where Democrats hold a slim majority. That sets the stage for gridlock until after the November elections when lawmakers will be faced with a number of end-of-the-year deadlines.
Romney has proposed broad but largely unspecified spending cuts. He would reduce the federal work force by 10 percent and keep the tax cuts for all incomes, not just families making less than $250,000.
Romney also wants to drop all tax rates by 20 percent. He would curtail deductions, credits and exemptions for the wealthiest to pay for the lower rates, but he does not specify what tax breaks would be trimmed.
Tax cuts approved during President George W. Bush's administration are scheduled to expire at the end of December. In addition, a set of automatic spending cuts totaling about $1.2 trillion over 10 years are scheduled to kick in. Both parties oppose the automatic spending reductions because they include deep cuts in defense.
However, they have been unable to reach an agreement so far on alternative spending cuts or tax increases that would keep the automatic cuts from taking effect.
The International Monetary Fund warned that the U.S. economy could suffer another recession if Congress doesn't do something to avert the so-called "fiscal cliff." The impact could shave 4 percentage points off U.S. growth, the IMF said.
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