Tampilkan postingan dengan label unemployment. Tampilkan semua postingan
Tampilkan postingan dengan label unemployment. Tampilkan semua postingan

Sabtu, 31 Juli 2010

Congressional Job Performance


U.S. President Obama, VP Biden and members of Congress

Congressional approval ratings hit an all time low of 11% this summer. Why? America's never been so bankrupt, in debt and financial chaos and the government is to blame, for looking the other way to corporate behavior that is not only unethical, but very illegal as well.

If members of Congress had jobs in the real world, where one is judged on job performance, not political ties, they'd have all be fired by now. This should be the theme come election time. If you did not perform well for your constituency, you should be voted out to make room for someone who will.

Selasa, 27 Juli 2010

The State Of The U.S. Economy


U.S. President Barack Obama

The U.S. economy is in dire straits, as 15 million Americans are unemployed and 18.9 million homes are in foreclosure. The national deficit is set to hit $11 trillion dollars as well. These problems are compounded by the fact, there exists a terrible breed of corruption in government, stealing and squandering billions in taxpayer money.

It was reported today, $8.7 billion in taxpayer money designated for rebuilding Iraq, cannot be accounted for by the U.S. Pentagon, also known as stolen. The FBI has wasted close to $1 billion dollars on a failed computer system that is being deemed a failure, as it was announced this week, the remaining phases of the roll out have been scrapped.

The FBI's parent agency, the Justice Department, headed up by, Eric Holder, have also been accused of wasting huge sums of taxpayer money on trips, parties, arcading and skateboarding.

This year, President Obama's alleged job creation program was also an unmitigated disaster, as billions in taxpayer money was misappropriated and squandered by government officials (see: stolen). It bears the handprint of corruption.

Billions in U.S. taxpayer money is also being wasted on illegally spying on millions of Americans, in criminal violation of the Constitution, when that money could go to better things. However, President Obama, like Bush before him, has engaged in this misconduct as a continuation of illegal programs at the FBI, CIA and NSA.

The nation's finances are a mess. America is hemorrhaging money everywhere and it is adding up quite negatively. The government and bands of the corporate sector are deteriorating America - the same America they will have to live in. There is a crass phrase that states you don't defecate where you eat and that's exactly what the government is doing.

This unprecedented corruption is not conducive to prosperity. The American way of life is being destroyed and replaced with something unfavorable, laden with hardships. Prevalent misconduct, overspending and corruption in government is not funny or amusing, as it is building up to a serious financial calamity that will make 1929 and 2008 look like good fiscal years.

U.S. Attorney General, Eric Holder and First Lady, Michelle Obama

Side Bar: U.S. Attorney General, Eric Holder, has announced he plans to investigate and prosecute financial corruption in government in nations such as Africa. Open your eyes. You need to start in Washington, but you wouldn't lock up your own buddies, now would you. Furthermore, since when does your Congressional mandate extend into other sovereign nations you have no jurisdiction or authority in.

Jumat, 23 Juli 2010

U.S. Unemployment Benefits Extended

U.S. President Barack Obama

The U.S. Congress has passed legislation to extend the unemployment benefits of 1,300,000 million people, until November 2010, when the matter will come up for review again. Republicans want some of the remaining stimulus money to pay for it and that's not a bad idea.

The government can also follow the Constitution for a change and drastically cut back on spying on Americans, which would save billions of dollars in surveillance fees at the FBI, NSA and CIA. That's provided one or all of those agencies do not create a national crisis to keep said illegal spying projects going (oh, they're not above doing that and have in the past).

In the meantime, the White House and Congress need to work on job creation, as they have not done a good job in this endeavor thus far. Too much taxpayer money has been wasted and not enough jobs created.

A sound job plan is needed, using preexisting government workers to undertake its implementation. This will save on costs and allow a maximum number of jobs to be created. The government bureaucracy, red tape and corruption needs to go, as people need work.

STORY SOURCE

President Obama signs six-month extension of emergency unemployment benefits

Selasa, 20 Juli 2010

U.S. Unemployment Benefits Receive A Second Look


U.S. President Barack Obama

The Democrats are attempting to push through legislation to extend unemployment benefits to Americans that have lost their jobs. As stated two weeks ago, the Judiciary Report was not amused when people's benefits were stalled, as for 1.3 million people in America, it could mean the difference between staying in their home or apartment or being out on the street.

I understand Republicans are concerned about where the $33.9 billion will come from to cover the costs, but it is of greater priority than other financial initiatives on the table, which need to be scrapped, such as billions for walking and bike riding paths, as is being implemented by President Obama.

I've got news for you, if one does not have a job, one does not wish to go walking, but to stay in one's house or cardboard box and feel sad, as that is the natural human instinct in such a predicament. However, it is best to get up and get out there, go for a walk around one's neighbor hood or to PREEXISTING parks that exist in virtually every U.S. city.

Another major, multi-billion dollar item that can be stricken from the U.S. budget during these hard times, is the massive electronic spying network, invading the privacy off millions of Americans, via the FBI, CIA and NSA.

If the government monitored Americans less and foreign terrorists more, they'd catch a lot more Jihadists and save many billions of dollars. Billions upon billions of taxpayer money is being wasted spying on innocent people, in violation of the U.S. Constitution. If this unruly spending continues, in the future, America government will not be able to afford a federal government.

The Judiciary Report is also still of the belief the site's job creation plan would work. The White House has simply overpaid for jobs that would not pay a third of what the government ended up allocating thereto, in the real world, which indicates bureaucracy and kickbacks ate up a lot of taxpayer money. This is something very vital the government could not afford to get wrong, but astonishingly did. They are attempting to try it again. Here's hoping it turns out better this go round.

Jesus Himself could come down from heaven, hand the government a sheet of paper with detailed instructions on how to fix the U.S. economy and they would still mess it up.

RELATED ARTICLE

U.S. Unemployment Benefits Stalled

Selasa, 13 Juli 2010

America's Confidence In Obama Hits All Time Low

President Barack Obama

According to a recently conducted Washington Post poll, Americans' confidence in President Barack Obama and his ability to solve the nation's problems, have hit an all time low. The poll found 1 in 6 Americans do not believe he is up to the task as President, especially with unemployment and the deficit rising.

EXTERNAL ARTICLES:

Confidence in Obama reaches new low, Washington Post-ABC News poll finds

Deconstructing confidence in Obama

Minggu, 11 Juli 2010

Repealed


U.S. President Barack Obama

With all the bickering going on in Washington political circles, the Democratic Party is overlooking one thing. President Obama's plummeting approval ratings and the backlash growing against Democrats, due to wild overspending, dramatically increasing the national deficit, will make it easier for Republicans to gain headway in the elections, both mid-term and Presidential.

If, due to ongoing unwise choices, Obama is a one term President, once the Republicans are in office again, they will quickly move to repeal most of what he has done as Commander-In-Chief.

However, the extension of unemployment benefits for 1.3 million people should have been passed. The Republicans in the Senate should not have blocked this. It's not funny or fair that this matter has been derailed. You bailed out the banks with taxpayer money, but didn't bail out the people. This is not a good thing.

On the other side of the aisle, it is also not amusing that wasteful projects have received billions in taxpayer money, at President Obama's direction, when they are not a priority.

The moral of this story is the Democrats and Republicans need to work together and come up with real, lasting solutions to the problems facing America or it will be a waste of everyone's time, if things start getting repealed in a few years. The will of the people is not being followed and politicians in Congress are taking the populace for granted. This is not the time for that. Actually, there is no appropriate time for that...ever.

Jumat, 02 Juli 2010

Greed And Desperation To Succeed

U.S. President Barack Obama (left)

It's astonishing the deceitful, corrupt shortcuts and unethical means, some in so-called power will take to succeed, even if it means, jeopardizing the entire nation.

Unsound financial practices continue from the Bush Administration, as President Obama has adopted items from the former Commander-in-Chief's tenure, into his own wanton economic policies.

The nation is constantly being told of a recovery, yet data being released, consistently reveals no such thing is happening in America, as job losses, foreclosures and bank closures continue to spiral out of control.

Pride is an ugly thing, when one ascribes to the motto of "my way or the highway" even when one's way is the wrong way. Some humility and unity is needed. People need to admit they do not know everything and need help.

Kamis, 01 Juli 2010

U.S. Unemployment Benefits Stalled

Congress

The U.S. Senate has refused to renew the unemployment benefits of 1.3 million people, which is a mistake. Taxpayers bailed out banks and other financial institutions, in addition to U.S. corporations, to the tune of billions. Now, when the taxpayers need the help, it is being denied. This is not right.

People could go lose their homes or end up homeless without the unemployment checks, they are depending on to get them through this rough time in U.S. history. This is not an area to be making cuts. Once again, the poor and middle class are being trampled in favor of the rich.

As the average American did not create the terrible financial crisis that continues to negatively impact the nation, they should not be made to pay the price for Corporate America's greed.

Side Bar: The public just may remember who voted against their unemployment benefits during mid-term elections. That's 1.3 million angry voters.

STORY SOURCE:

1.3 million unemployed won't get benefits restored

Selasa, 29 Juni 2010

Joe Biden: We Can't Replace The 8 Million Jobs Lost


Vice President Joe Biden

Last week, Vice President, Joe Biden stated the Obama administration will not be able to replace the 8 million jobs that have been lost during the ongoing financial crisis. Oh, yes you could have. Had you followed the Judiciary Report's job creation plan and had tight controls over how the stimulus money was disbursed, the goal could have been achieved.

However, what the Judiciary Report feared and wrote about in advance, hoping it would not happen, did via government overpaying for jobs. As a result of that government bureaucracy, poor planning and financial misappropriation of taxpayer stimulus finds, less jobs were created. You overpaid for the creation of each job, with money that could have created 3-5 positions (each time), had the project been carefully undertaken. Multiply that by each time it happened and billions were wasted.

Kamis, 17 Juni 2010

U.S. Unemployment Continues To Rise

U.S. President Barack Obama's plans to tackle the nation's unemployment crisis, is not working, as the claims continue to rise, adding to the number of those who are without work. The government needs a new plan.

Sabtu, 05 Juni 2010

Cruel Credit Card Company Practices

The selling and reselling of debt in America has become a very profitable industry for credit card companies and banks, but a burdensome load on Americans. During the current harsh economic climate, many Americans have lost their jobs and defaulted on credit card payments. If one has no job, how can one pay one's bills.

One of my friends lost her job and defaulted on one of her credit cards and by the time they sold and resold the debt, it was ugly. She was forced to make arrangements with the third party financial institution the credit card company sold the original debt to, making $100 monthly payments.

However, what was a $5,500 balance, became a $16,500 nightmare, after they added countless fees and massive interest rates to the original sum she owes, which they purchased from the credit card company. She gave me the documents to peruse and it was quite appalling.

In looking at the papers, I shook my head, as this same story is repeating itself all over America and bogging down Americans with terrible debt, far above anything they originally owed, which is unconscionable. The Judiciary Report realizes companies are in business to make money, but there should be limits on what they can charge consumers.

The government should enact legislation to bar companies from adding such exorbitant fees, as it is keeping many Americans in serious debt and hampering their futures. Companies should not be able to gouge citizens to such terrible extremes, as it is corporate extortion, not conducive to a healthy economy.

Jumat, 04 Juni 2010

U.S. Jobs Report Exaggerated

U.S. President Barack Obama

Several mainstream news outlets are reporting, U.S. President Barack Obama touting today's national job report, as proof the recovery is working, is a fraudulent claim. The economy added 500,000 jobs, but the majority of those positions, 411,000 posts, were for seasonal Census report workers. Translation, those were very temporary jobs.

Obama's claims have thus been disproved. The President needs to stop relying on artificial results and get to the root of the real problem at hand, as pretending the unemployment problem is solved, when it is not, will only cause more damage in the long run and do greater harm to the American people.

It is time to develop a sensible job plan, where the nation can create the maximum amount of jobs for the money allotted by Congress, without waste and misappropriation occurring again.

May jobs report: Census inflates payrolls

June 4, 2010: 2:20 PM ET - NEW YORK (CNNMoney.com) -- A flood of temporary Census workers in May led to the biggest jump in jobs in ten years, the government reported Friday. Employers added 431,000 jobs in the month, up from 290,000 jobs added in April. It was the biggest gain in jobs since March 2000.

But Census hiring was responsible for 411,000 of May's increase in employment. Private sector employers also added 41,000 jobs in the period, well below the 218,000 private sector job gains in April. Government payrolls other than Census declined by 21,000 jobs in May, due largely to job cuts by state and local governments.

It was a disappointing number for private sector hiring, as economists surveyed by Briefing.com had forecast an overall gain of 500,000 in May. U.S. stocks traded sharply lower on the report, with the Dow Jones industrial average down more than 200 points in midday trading...

http://money.cnn.com

Kamis, 27 Mei 2010

U.S. Economy Stalls Again

U.S. President Barack Obama

Based on released reports, the U.S. economy has stalled again, as consumer spending is down and unemployment continues at a rampant rate. Economists estimate, if the economy adds roughly 500,000 jobs per month, it will still take 5-years to lower the unemployment rate to 5%, indicating the damage is that extensive.

Much of the damage was done during the Bush years and to save face, fake financial data was released to cover what was truly transpiring, with the corrected figures released this year.

However, President Obama has squandered opportunities to add the maximum number of jobs possible, due to poor oversight of where stimulus funds landed.

Some of the money was wasted via overpaying for job positions, decreasing the number of people that could have been hired with the stimulus funds available. In other instances, the funds were flat-out stolen or misappropriated.

This is not Monopoly. The President cannot rely on consistently printing up more money in a bid to solve the nation's financial ills, as it is damaging America's international credit rating, drastically increasing the deficit and damaging the U.S. dollar. That money is not free. It is coming at a price. The massive government spending is not working.

Selasa, 25 Mei 2010

Obama Numbers Down Across The Board

U.S. President Barack Obama (left)

According to headlines on the website, Drudge Report, Obama's approval ratings have dropped to 44% and 63% of Americans want his health care law repealed.

Additional reports on the internet from numerous news and government sites, indicate jobless claims also unexpectedly rose again and foreclosures in America remain high.

It is abundantly evident to anyone with commonsense the economy is still in massive trouble and the measures being taken by the government to correct the depression that occurred in 2008 that is ongoing, have failed.

Thrift should have been the order of the day, but the government deciding otherwise, has made the financial crisis exponentially worse. The government has racked up significant debt the American people will have to repay or face further financial uncertainties and a drastic deterioration of the economy.

Kamis, 13 Mei 2010

Bleak U.S. Jobs Report

U.S. President Barack Obama

The U.S. jobs report released this week, reflect dismal numbers, indicating the economy is still suffering from a massive lack of employment. Once again, money misused from the stimulus, could have been used to create more jobs. Taxpayer money is not being spent in the most effective manner.

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Obama Calls For Job Summit