Archive for the ‘crisis’ Category
December 22nd, 2011 | 
Author: Debt-Free United States Notes Were Once Issued Under JFK And …
theeconomiccollapseblog.com12/19/11
Our current debt-based monetary system was devised by greedy bankers that wanted to make huge profits by creating money out of thin air and lending it to the U.S. government at interest. Sadly, the vast majority of the …
The Corporate Cash Myth | Euro Pacific Capital
www.europac.net12/21/11
The death blow to US corporations could come when US interest rates rise to historically normal levels. A four-percentage-point rise in the interest rates paid on debt by US corporations would cost them nearly $300 billion per …
If you think that the US is in a terrible state financially, you’re right, because the US can’t pay the interest on its debts which is why those debts are getting bigger every second of every day.
But take a look at this slide-show and most likely be amazed.
Of the twenty countries listed, America is number twenty meaning that there are nineteen countries who owe much more of their GDP that it does.
And please note how the socialist countries are doing and perhaps cringe, knowing that this is the direction in which Obama would like to lead America.
Barack Obama Vacations In Martha's Vinyard While Job Crisis, Debt …
www.huffingtonpost.com8/17/11
WASHINGTON — Is there ever really a good time for the president to go on vacation? President Barack Obama's summer getaway to Martha's Vineyard has reignited a seemingly annual debate.
Town Hall Patriots: Michelle Obama Vacations – While America …
"Everybody's going to have to give a little bit. … If you're a family trying to cut back, you might skip going out to dinner, you might put off a vacation." President Barack Obama Barack Obama has been President over …
A great many people are now asking what President Obama, his family and his political supporters are getting paid for.
Their Vacations?
His Reelection?
To Fulfill His ideology?
Or What?
And now Gov. Chris Christie wants to know what Obama is being paid for!
"I was angry this weekend, listening to the spin coming out of the administration, about the failure of the super-committee".
"The president knew it was doomed for failure, so he didn’t get involved".
"Well, then what the hell are we paying you for?
"It’s doomed for failure, so I’m not getting involved?".
"Well, what have you been doing, exactly?".
It’s been a slow steady decline, but President Barack Obama‘s job approval rating has finally dipped below Jimmy Carter’s, earning Obama the worst approval rating of any president at this stage of his term in modern history.
Gallup’s daily presidential job approval index puts the current president‘s job approval rating at 43% compared to Carter’s 51%.
And US News adds:
Back in 1979, Carter was far below Obama until the Iran hostage crisis; something that is being eerily duplicated in Tehran today with Iranian protesters storming the British embassy.
The early days of the crisis helped Carter’s ratings, though his failure to win the release of captured Americans, coupled with a bad economy, led to his defeat by Ronald Reagan in 1980.
According to Gallup, these are the job approval numbers for other presidents at this stage of their terms, a year before the re-election campaign:
– Harry S. Truman: 54%.
– Dwight Eisenhower: 78%.
– Lyndon B. Johnson: 44%.
– Richard M. Nixon: 50%.
– Ronald Reagan: 54%.
– George H.W. Bush: 52%.
– Bill Clinton: 51%.
– George W. Bush: 55%.
And to make matters worse for Obama, Gallup reports that his overall job approval rating ranks among the worst in American political history, averaging 49%.
And only three former presidents have had a worse average rating at this stage:
Carter, Ford, and Harry S. Truman.
Posted in 2012, administration, crisis, deficits, Michelle Obama, paper trail, politics, president, presidential elections, recession, US economy, video | 
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