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Rabu, 14 Desember 2011

Obama Spending Cuts Have Come Too Late In His Presidency

The Problem With Procrastination

Barack Obama

On Wednesday, November 9, 2011, U.S. President Barack Obama signed a measure to cut costs in the government, bypassing Congress in doing so. It was ushered in by a televised press conference. However, the Judiciary Report would like to point out, for the past 3 years, the site has done articles illustrating the need for the government to make budget cuts (even in the area of travel, as Obama went on to state on Wednesday, November 9, 2011).

President Obama should not have waited three years, when over $200 billion dollars could have been saved already, had he implemented cuts of this kind, when he took office. However, he went into office with the wrong mindset - spend, spend, spend - when it should have been cut, cut, cut.

President Obama

Whether one is working with a big or small budget, with deficits or surpluses, one should always have the mindset of conservation. It’s a good and positive way to stay ahead in government, by using sound judgment and thrift. The words government and luxury should never go hand in hand. Public service entails sacrifice. It should never be accompanied by the trappings of wealth on the taxpayers dime.

PREVIOUS ARTICLES ABOUT CUTTING THE BUDGET AND TAMING WILD GOVERNMENT SPENDING

How George W. Bush Destroyed The US Economy

Obama Calls For Job Summit

Nancy Pelosi Speaks About STDs

Artificial Growth

Artificial Growth - Part 2

The FBI Needs To Learn To Prioritize

The Benefits Of Government Cost Cutting

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

Economists Forecast Obama Will Not Fix The U.S. Economy By The 2012 Election

Poll States Americans Are Very Dissatisfied With Obama's Handling Of The U.S. Economy

Tide Turns Against Obama As 70% Of Americans Blame Him For The Poor Economy

Statistics Brand Barack Obama The Worst Job Creation President Since The Great Depression

Movement Among Democrats To Find Challenger To Run Against President Obama In 2012

Gallup Poll: Any Republican Would Beat Obama If The Presidential Election Was Held TodayObama's Poll Numbers Implode Into Disaster

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

Rivals Use Bad Economy As Primary Tool In Their Bid To Oust President Obama

Billionaire Tells Obama To Resign Over The Economy

America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

STORY SOURCE

Obama orders agency spending cuts on travel, technology and swag

Posted at 06:00 AM ET, 11/09/2011 - President Obama is ordering steep spending cuts that will mean less travel for federal employees and strict limitations on government-issued computers, printers, vehicles — and even office swag.

The White House said Obama will sign an executive order Wednesday requiring federal agencies to make 20 percent spending cuts on travel, equipment and technology, a move that should save billions of dollars annually, according to a senior administration official familiar with the plans.

Wednesday’s order is another step in the White House’s goal of identifying bite-sized initiatives that don’t require congressional approval and demonstrate unilateral actions taken by Obama to jumpstart the economy and curtail federal spending. It is also part of the administration’s ongoing Campaign to Cut Waste launched over the summer during the contentious debt negotiations to demonstrate the administration’s willingness to make spending cuts...

http://www.washingtonpost.com

Kamis, 01 September 2011

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

Hate To Say I Told You So, But I Told You So

Barack Obama

Solyndra, the solar company U.S. President Barack Obama, personally and publicly backed, giving the corporation $535,000,000 in taxpayer money, has filed for bankruptcy, laying off its 1,110 workers.

For a number of reasons, the failure of this company is a serious blow to the U.S. economy and the White House for underwriting it. The U.S. taxpayer is out over half a billion dollars, unemployment shall go up, jobs that could have been created with that money will not be and President Obama’s credibility has taken another hit.

The Judiciary Report warned President Obama in a string of articles to back off his solar initiative, but he did not and to disastrous results. From the beginning of Obama’s presidency, the Judiciary Report has warned that the White House, U.S. Congress, FBI, CIA and other divisions of the government, should economize and prioritize.

However, that message fell on deaf ears. Much like when I warned in 2006 via a sister site (Sound Off Column) that a financial crisis was coming and it did two years later, but the government ignored that as well, when it could have been prevented. The government has been gambling with/spending taxpayer money, like a lottery winner, splurging with newly gained funds, only to end up bankrupt in a few short years, due to poor financial planning.

Barack Obama

The Judiciary Report would like to revisit its jobs plan from early 2009 (Obama Calls For Job Summit and Nancy Pelosi Speaks About STDs), to emphasize why the U.S. economy is still in the toilet two years later.

As stated above, the U.S. government, under Barack Obama, personally gave Solyndra over half a billion dollars in U.S. taxpayer money to play with - yet as we can see based on reports, they only employed 585 people with said funds, which is economic rubbish.

This solar initiative was not a priority. The Judiciary Report warned again regarding it as recently as April. There is no excuse. That money should have gone to more practical job creation, where much more people would have been employed for those same taxpayer funds, thus noticeably decreasing unemployment as stated in the article Obama Calls For Job Summit.

Had Obama followed the Judiciary Report's aforementioned job creation outline, over two and a half years ago, unemployment would not be ridiculously high and rising, as it is today. Coupled with appropriate taxation and budget cuts, the economy would have been doing quite well today.

President Obama at Solyndra

Do you know how many jobs I could create for over half a billion dollars, yet the government, utilizing poor oversight, which the Judiciary Report expressly warned against in 2009, allowed Solyndra to create just 585. I keep repeating that because the government does not seem to get it.

For that money why employ 585 individuals when you could employ over 35,000 people for those same funds, in stable, proven industries. These costly missteps and mistakes coming out of Washington are clearly about someone's agenda, rather than what is in the best interest of the general public.

As stated in the bullet train articles, this is not the time for experimentation. Vanity projects need to wait until America is on stable financial footing. The government is not prioritizing and it is very perturbing, as people in America are suffering, yet Washington continues to put the cart before the horse. Once again, you must prioritize.

Furthermore, the Judiciary Report has concerns about too many people jumping into the solar industry, without proper scientific investigation. Not only is it very costly per household at the current rate of the technology, will every company use the same calibration for each piece of solar apparatus, as invariably, overuse to certain degrees, by too many people worldwide could harm the sun. Frankly, the latter is not a pretty scenario. The industry needs universal regulations and standards, as this is a serious issue.

RELATED ARTICLES

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Gallup Poll: Any Republican Would Beat Obama If The Presidential Election Was Held Today

Obama's Poll Numbers Implode Into Disaster

When It Comes To Debt The Obama Administration Has The Mindset Of Gamblers

Rivals Use Bad Economy As Primary Tool In Their Bid To Oust President Obama

Billionaire Tells Obama To Resign Over The Economy

America's National Deficit Increased An Unprecedented 35% Under President Obama

A Majority Of Americans Feel They Were Better Off Before President Obama

Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

New Negative Jobs Report Is Bad News For Obama

The Benefits Of Government Cost Cutting

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Artificial Growth - Part 2

Artificial Growth

STORY SOURCE

Solar Energy Company Touted By Obama Goes Bankrupt