Our economy

Corruption is one of the factor of the fall of the economy. 

The elitist ceo's of corporations and banks would be on the top of my list to take the blame. Please tell me why anyone deserves to make trillions of dollars a year sitting behind a desk while there workers don't make a living wage?

We the people have had a Democrat-controlled Congress - in the last two years of the Bush Administration - and are in our Second Year under the Obama Administration = FOUR Years of Democrat-dementia.

It is intellectually dishonest when Obama claims that he inherited the mess of the banking and housing meltdowns - when he was a driving force behind it as an operative for ACORN -

during the Clinton Administration.

The "Muscle for Money program" is one of Obama's achievements - as well as NINJA LOANS = No income, no job, no asset loans -

in which banks and lending institutions were threatened with discrimination lawsuits by ACORN - if the banks did not lend money to people to purchase houses who could not afford to pay rent.

Barry Franks, Maxine Waters, Charlie Rangel stood in the way of having Fannie Mae and Freddie Mac regulated.

Obama's RAHM Emmanuel was a board member of Fannie Mae/Freddie Mac during the time that the embezzlement schemes occurred - during the Clinton Administration.

President Bush tried repeatedly to have Fannie Mae/Freddie Mac regulated - but liberal and corrupt Democrats stood in the way to prevent/OBSTRUCT Fannie Mae and Freddie Mac from being regulated.

Now the US taxpayers are saddled with the $5 TRILLION debt - from Fannie Mae/Freddie Mac - while Obama is intending to provide additional money BILLIONS to Fannie Mae/Freddie Mac -

so everyone can get back to their embezzlement schemes of FREE MONEY.

Obama and the Clintons are products of the Saul Alinsky method of radicals - and the Cloward & Piven - school of thought - to overload the American economic system - to force the United States of America - into globalization - of a one world government - NEW WORLD ORDER.

Obama is the "bought-and-paid-for-stooge" of Gyorgy Schwartz/George Soros - so that Soros can run the white house - and wreck the economy - like Soros has done in other countries - that refuse to allow soros entry - because of Soros' fraudulent dealings.

Obama provides Soros with INSIDER TRADING secrets so that Gyorgy Schwartz/George Soros can buy up the failing banks - across the United States of America - or obama just pulls another one of his HOSTILE TAKEOVERS to provide Soros with the banks of Soros' choosing.

Obama is a Black and White Fraud.

Now he is so desperate to pass Obamacare - in his Hostile Takeover of our health care system - TO FILL THE BANKRUPT COFFERS OF ThE UNIONS - through Forced unionization of medical professionals, forced payment of union dues, Forced Union EXTREMISM -

in order for obama to pay off his political contributors - Andy Stern of SEIU and AFL-CIO -

and is why the UNION BOSSES were involved in the writing of the policies for Obamacare -

and why our "elected" members of Congress were EXCLUDED = Republicans.

Obamacare is an ORGANIZED CRIMES bill.

This is exactly why obama is resorting to an ILLEGAL MANUEVER and IMPROPER procedure = Reconciliation - to force the passage of Obamacare -

when reconciliation is used for budgetary purposes only - deficit reduction and fiscal responsibility - and is an improper procedure to pass legislation - (as what Obama as US Senator had stated himself)

Obama is trying to resurrect his dead-baby Obamacare - through an improper procedure - after obamacare could not be passed when the democrat party had the 60-vote majority - and eventually lost their Majority vote - because of their thugship in bribery to extort votes for Obamacare in cloture -

CREATING THE SITUATION THAT a Republican won the Special Election in Massachusettes for "the people's seat" -

for the senate seat that had been previously held by a Democrat for close to FIFTY years.

Evidently, the people of Massacushettes - voting in a Republican - did not want to continue the legacy of Democrat scoundrel Ted Kennedy - whose drug-drenched brain and negligent homcideS because of his drunken stupors - should have placed Kennedy in prison and forced Kennedy to resign from his senate seat years earlier.

Therefore, I can truly say that the LIBERAL democrats have been the cause of the housing and banking meltdowns - and the problems with our economy -

that the democrat acorn-vote-rigged president Obama deceives the American people - and the world - that he "inherited" - from President Bush.

 GFY Obama!

Obama is the blame

The Judge Says:

Click on Obama Failed Policy topic below to READ & Blog: (Topic Source BarackObama.com)

#1 Obama Failed Economy Policy:  Obama has supported efforts to create an Affordable Housing Trust Fund with the cooperation of Barney Frank and other Socialists in Congress via artificially lowering interest rates on government sponsored housing. Freddie and Fannie were two of the causes of the recession by encouraging disastrous lending practices and have caused the loss of homes via foreclosures. Dodd, Frank, and others have taken sweetheart mortgages from Countrywide and others buying their support and devastating neighborhoods all over the U.S. And as usual Socialists are repeating history...  

#2 Obama Failed Economy Policy:  BO's plan began as a campaign promise to reorganize bank regulation and would abolish the Office of Thrift Supervision and create a new regulator for nationally chartered financial institutions to replace the Office of the Comptroller of the Currency. Once implemented in the banking sector, then socialist party Barney Frank’s plan will be passed by the Congress of the Democrat Socialist party for all of the private sector, thereby eliminating free market compensation and replacing it with a government controlled regulated pay scale the limits executive pay. This will all be done to ensure that companies don't offer incentives that threaten the safety and soundness of a firm or the economy more broadly. Congress, Hollywood, labor union execs, lawyers, and friends of the Obama administration including DEM lobbyists will be exempted.   
 
#3 Obama Failed Economy Policy:  Porkulous spending has not worked, has not created any new jobs, and has weakened the dollar in the world market. As Treasury attempts to secure over $65BB in new borrowing this week the probability of interest rates rising looms. The dollar continues its freefall against the Euro. According to June 9 (Bloomberg) – “Goldman Sachs Group Inc. advised buying the euro versus the dollar as risk aversion eases, prices of commodities rebound and talk of alternative reserve currencies undermine confidence in the greenback.” After interest rates rise the next step is hyperinflation.  
 
#4 Obama Failed Economy Policy:  As the US credit rating continues to fall, BO continues to add to the deficit: 1. Monetize the debt and the stock market rises 2. The dollar continues to fall against the world’s currencies 3. Interest rates will begin to rise 4. The prestige of the United States continues to fall 5. Inflation continues to rise 6. The safety of US citizens continues to fall 7. The number of corporations being nationalized continues to rise  
 
#5 Obama Failed Economy Policy:  While the housing market continues to decline in value, BO wants to contract the market even more. His stimulus spending and continued attempts to reward the most irresponsible on the backs of those who meet their obligations is steering the United States into a pit of never ending debt.  
 
#6 Obama Failed Economy Policy:  The White House again is upside down when it comes to solving the nation’s economic needs. The Fed is going to devalue the dollar and possibly outlaw an individual’s ownership of gold where they can revalue paper money. According to Obama’s Council of Economic Advisors in March 2009 “The United States was on a gold standard throughout the Depression. Part of the explanation for why the Federal Reserve did so little to counter the financial panics and economic decline was that it was fighting to defend the gold standard and maintain the prevailing fixed exchange rate. In April 1933, Roosevelt temporarily suspended the convertibility to gold and let the dollar depreciate substantially. When we went back on gold at the new higher price, large quantities of gold flowed into the U.S. Treasury from abroad. These gold inflows serendipitously continued throughout the mid-1930s, as political tensions mounted in Europe and investors sought the safety of U.S. assets.” The Fed policies did not work in the 30’s and are not working now. Trade your paper money for GOLD then find a good hiding place for it.   
 
#7 Obama Failed Economy Policy:  After a failed negotiation by BO's select automotive panel to keep Chrysler out of bankruptcy and GM is given $15.4 billion in loans from the government, Obama said this. "The United States government has no interest in running GM. Your [GM] warranty will be safe. In fact, it will be safer than it's ever been, because starting today, the United States government will stand behind your warranty." -- Obama  
 

#8 Obama Failed Economy Policy:  Instead of allowing Chrysler to declare bankruptcy in December, BO in order to protect the UAW and repay his campaign debt to the labor unions, convened a study group who were unsuccessful in negotiating a meaningful solution. Instead they divided Chrysler into sections owned mostly by the UAW and FIAT, partially by stockholders, U.S. taxpayers and partially by the Canadian government. Billions of deficit dollars have been squandered as the march to socialism continues. "The Governments of the United States and Canada have reviewed and approved the restructuring plans of Chrysler LLC and its subsidiaries, including Chrysler Canada Inc. As a result, thanks to the considerable contributions and sacrifices of company management, the United Auto Workers and Canadian Auto Workers, and major lenders, and a successful partnership agreement with Fiat SpA, our Governments are in a position to extend support to help Chrysler restructure itself and re-emerge as a globally competitive automaker." "We appreciate the close and cooperative relationship between the U.S. and Canadian governments during this period of restructuring in the auto industry. Together, we have put in place a financing package that will give Chrysler a chance to achieve financial viability," said President Obama. 

#9 Obama Failed Economy Policy:  The DEMs caused mortgage and credit meltdown which revealed weakness in our banking system, put millions of people out of work, slashed 401K wealth by trillions of dollars, and gave Obama an opportunity to make America a socialist country. Obama administration’s policies are not working and they are failing miserably.  

 
#10 Obama Failed Economy Policy:  The one sided trade agreement passed by and signed into law during the Clinton Administration is responsbile for jobs being lost to foreign countries. Obama pledged during his campaign to renegotiate these agreements and after a trip to Canada agreed to keep the status quo.

The Judge Says:

Click on Obama Failed Policy topic below to READ & Blog: (Topic Source BarackObama.com)

#1 Obama Failed Economy Policy:  Obama has supported efforts to create an Affordable Housing Trust Fund with the cooperation of Barney Frank and other Socialists in Congress via artificially lowering interest rates on government sponsored housing. Freddie and Fannie were two of the causes of the recession by encouraging disastrous lending practices and have caused the loss of homes via foreclosures. Dodd, Frank, and others have taken sweetheart mortgages from Countrywide and others buying their support and devastating neighborhoods all over the U.S. And as usual Socialists are repeating history...  

#2 Obama Failed Economy Policy:  BO's plan began as a campaign promise to reorganize bank regulation and would abolish the Office of Thrift Supervision and create a new regulator for nationally chartered financial institutions to replace the Office of the Comptroller of the Currency. Once implemented in the banking sector, then socialist party Barney Frank’s plan will be passed by the Congress of the Democrat Socialist party for all of the private sector, thereby eliminating free market compensation and replacing it with a government controlled regulated pay scale the limits executive pay. This will all be done to ensure that companies don't offer incentives that threaten the safety and soundness of a firm or the economy more broadly. Congress, Hollywood, labor union execs, lawyers, and friends of the Obama administration including DEM lobbyists will be exempted.   
 
#3 Obama Failed Economy Policy:  Porkulous spending has not worked, has not created any new jobs, and has weakened the dollar in the world market. As Treasury attempts to secure over $65BB in new borrowing this week the probability of interest rates rising looms. The dollar continues its freefall against the Euro. According to June 9 (Bloomberg) – “Goldman Sachs Group Inc. advised buying the euro versus the dollar as risk aversion eases, prices of commodities rebound and talk of alternative reserve currencies undermine confidence in the greenback.” After interest rates rise the next step is hyperinflation.  
 
#4 Obama Failed Economy Policy:  As the US credit rating continues to fall, BO continues to add to the deficit: 1. Monetize the debt and the stock market rises 2. The dollar continues to fall against the world’s currencies 3. Interest rates will begin to rise 4. The prestige of the United States continues to fall 5. Inflation continues to rise 6. The safety of US citizens continues to fall 7. The number of corporations being nationalized continues to rise  
 
#5 Obama Failed Economy Policy:  While the housing market continues to decline in value, BO wants to contract the market even more. His stimulus spending and continued attempts to reward the most irresponsible on the backs of those who meet their obligations is steering the United States into a pit of never ending debt.  
 
#6 Obama Failed Economy Policy:  The White House again is upside down when it comes to solving the nation’s economic needs. The Fed is going to devalue the dollar and possibly outlaw an individual’s ownership of gold where they can revalue paper money. According to Obama’s Council of Economic Advisors in March 2009 “The United States was on a gold standard throughout the Depression. Part of the explanation for why the Federal Reserve did so little to counter the financial panics and economic decline was that it was fighting to defend the gold standard and maintain the prevailing fixed exchange rate. In April 1933, Roosevelt temporarily suspended the convertibility to gold and let the dollar depreciate substantially. When we went back on gold at the new higher price, large quantities of gold flowed into the U.S. Treasury from abroad. These gold inflows serendipitously continued throughout the mid-1930s, as political tensions mounted in Europe and investors sought the safety of U.S. assets.” The Fed policies did not work in the 30’s and are not working now. Trade your paper money for GOLD then find a good hiding place for it.   
 
#7 Obama Failed Economy Policy:  After a failed negotiation by BO's select automotive panel to keep Chrysler out of bankruptcy and GM is given $15.4 billion in loans from the government, Obama said this. "The United States government has no interest in running GM. Your [GM] warranty will be safe. In fact, it will be safer than it's ever been, because starting today, the United States government will stand behind your warranty." -- Obama  
 

#8 Obama Failed Economy Policy:  Instead of allowing Chrysler to declare bankruptcy in December, BO in order to protect the UAW and repay his campaign debt to the labor unions, convened a study group who were unsuccessful in negotiating a meaningful solution. Instead they divided Chrysler into sections owned mostly by the UAW and FIAT, partially by stockholders, U.S. taxpayers and partially by the Canadian government. Billions of deficit dollars have been squandered as the march to socialism continues. "The Governments of the United States and Canada have reviewed and approved the restructuring plans of Chrysler LLC and its subsidiaries, including Chrysler Canada Inc. As a result, thanks to the considerable contributions and sacrifices of company management, the United Auto Workers and Canadian Auto Workers, and major lenders, and a successful partnership agreement with Fiat SpA, our Governments are in a position to extend support to help Chrysler restructure itself and re-emerge as a globally competitive automaker." "We appreciate the close and cooperative relationship between the U.S. and Canadian governments during this period of restructuring in the auto industry. Together, we have put in place a financing package that will give Chrysler a chance to achieve financial viability," said President Obama. 

#9 Obama Failed Economy Policy:  The DEMs caused mortgage and credit meltdown which revealed weakness in our banking system, put millions of people out of work, slashed 401K wealth by trillions of dollars, and gave Obama an opportunity to make America a socialist country. Obama administration’s policies are not working and they are failing miserably.  

 
#10 Obama Failed Economy Policy:  The one sided trade agreement passed by and signed into law during the Clinton Administration is responsbile for jobs being lost to foreign countries. Obama pledged during his campaign to renegotiate these agreements and after a trip to Canada agreed to keep the status quo.

Oh good grief must you ask???????

Who put us in trillions of dollars of debt?????

Who says we owe our neighbor his mortgage????

Who is it via HR 1444 seeing if it is legal to make us, without our permission, responsible for hours of Civil Service work for our government???

Who is it who wants to give every Tom, Dick and Harry illegal immigrant not only Social Security but health care?????

Who the heydoodlydamn is it who keeps telling us tighten your arse up while he is doing the hoola on our tax payers dollars, taking his wif to plays and Paris on Air Force One and wanted to pay for an entire new fleet and continues to say we the people need to tighten our belts while he is busy spending our children's, grands and every frikken penny we might muster on whatever pleases his fancy??????

Who the hell said housing for all???????  Clinton.  Who forced International fairness trade??????  Clinton.  Who said nothing wrong with Freddie/Fannie the frikken Barney Fwank Fuddie duddie and all his pals.

Oh good grief.  Are you on something?????

Put the kookaid down and smell the crap filling the airwaves from the White House.  By the by, it is not his house it is ours.  We pay for it.  How bout we camp out there sometime.

Liberal Dems are the ones to blame.

They even lied about it when the Republicans tried to regulate Fannie Mae/Freddie Mac from causing the Housing Meltdown, which started the whole mess.

Here is the proof...

2004 C-Span 2, Fannie Mae Subcommittee Hearing « NewsMediaExposed.com
Sep 30, 2008 ... Tags: Banking Crisis, Fannie Mae, Freddie Mac, YouTube 2004 Video ...Lisa Damerst on 2004 C-Span 2, Fannie Mae Subc… ...
newsmediaexposed.com/2008/09/30/does-banking-crisis-video-get-played/ - 15k

Amber I do not apologize for myself and I am not going to change the way I answer questions. I feel sorry for you if you think that direct and to the point is sarcastic. I am also not PC or a follower of the crowd. I learned a long time ago that if you present the facts, the truth and have researched completely be proud of what you say.

I do not think she is drinking from any koolaide pitcher she is not blaming anyone she is only asking whose to blame for it. Why are people always reading the questions wrong? If you can not be nice when answering a question why answer at all. What do people think it makes them big to treat people the way they do? I think some of the people on Yedda from what I have seen are down right mean. Why can't people be nice? Is this rubbing off I noticed it started with one person who needs to get a life. You know I'm not a rat but if the staff of Yedda read what some people answered on this site they would kick them off just pray they do not. If you know the answer you should be proud to share your knowledge not put people down for what they ask or what they think. Every body has a right to voice their opinion without getting read the riot act for asking. And if you know the answer just be proud that you are helping someone younger or someone that does not know the answer. Is that the way your teacher treated you when you were in school? How is someone ever going to learn if people keep making sarcastic remarks and then people that want to know will not want to ask cause someone comes along a talks crap. It's like you are telling her that her question or her knowledge and opinion does not matter. If I was you I would  try to change the way that you answer a question and if someone tells someone else for asking you should give them the riot act because they are the ones that deserve it.