New Poll Finds A Majority Of Americans Do Not Believe Obama Will Be Reelected

Barack Obama
A new poll conducted by the Mayside Research Institute (MRI) has found a majority of Americans do not believe U.S. President Barack Obama will be reelected in 2012. As anyone in Washington should be able to deduce, the horrible state of the U.S. economy is currently the biggest factor. Obama has spent enormous sums of money, more than any other President in U.S. history and to no results. Correction, to negative results.
If Obama had heeded even the most basic advice, such as what was provided by the Judiciary Report in 2008 and the first quarter of 2009, regarding utilizing prudence and thrift, among other things, the economy would have been back on track by the first quarter of year two of his presidency (2010). Instead he spent a fortune - ironically $666 billion on the stimulus (that number is quite fitting and ironic considering the end result, because the devil is in the details).
You can't spend money like that. It was too much. It's just bad business sense and now America is further behind, than in 2008 when Obama assumed office. As the first black president, I wanted so much more for his presidency, but Obama has disappointed me and many others, by letting Washington change him into a poster boy for special interests, lobbyists and rich campaign donors, whose agenda is not for the greater good of society, but their own pockets. When you lose your roots, you risk losing everything.
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STORY SOURCE
MRI Poll: Majority Believe Obama Will Fail In Re-Election Bid
Published on July 04, 2011 - Most say "It's time for another person to take over the Top Job." A new Mayside Research (MRI) Poll finds that 62% of U.S. registered voters think it's time for another person to be America's President (*). Only 38% of likely voters feel that Barack Obama should be re-elected. According to MRI, females are much less likely than males to support Obama's re-election (24% vs 76%). MRI's results indicate that almost three-quarters of African Americans would support replacing Obama (74%) with someone else for the Top Job...
Only 48% of those panellists who declared that they are members of or registered with the Democratic Party, and or planned to vote for a democratic candidate, indicated that they supported Obama's re-election. 52% of those Democrats polled want a change. Unsurprisingly, nearly 100% of the Republican panellists are seeking and would support someone else...
http://pr.officialwire.com
Source URL: http://crystal-harris-sum.blogspot.com/search/label/stimulus
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Officials Officially Pronounce Obama's Stimulus A Massive Failure That Added Billions To The National Debt

Barack Obama
Everyone from Alan Greenspan to Barack Obama's economic committee, have pronounced the President's stimulus a catastrophic failure that wasted huge amounts of taxpayer money in the billions. Mainstream newspapers and blogs have gone into overdrive, taking the president to task for the enormous waste that has set America even further behind.
A year and a half ago, on November 13, 2009, the Judiciary Report predicted this would happen (Obama Calls For Job Summit). It is now being stated this week, it would have been cheaper for Obama to, "Cut a $100,000 check to everyone whose employment was allegedly made possible by the 'stimulus.'”
STORY SOURCE
Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job
12:07 PM, Jul 3, 2011 - The stimulus is now causing the economy to shed jobs. When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.
The report was written by the White House’s Council of Economic Advisors, a group of three economists who were all handpicked by Obama, and it chronicles the alleged success of the “stimulus” in adding or saving jobs. The council reports that, using “mainstream estimates of economic multipliers for the effects of fiscal stimulus” (which it describes as a “natural way to estimate the effects of” the legislation), the “stimulus” has added or saved just under 2.4 million jobs — whether private or public — at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.
In other words, the government could simply have cut a $100,000 check to everyone whose employment was allegedly made possible by the “stimulus,” and taxpayers would have come out $427 billion ahead...
http://www.weeklystandard.com
Down on the Fourth of July: the United States of gloom
July 3rd, 2011 - NEWS REVIEW: America’s deepening recession and widespread pessimism about the country’s prospects add a bitter note to Independence Day, reports Toby Harnden, US Editor. Across America today, people will gather for barbecues in their backyards, parades through their towns and firework displays lighting up the night sky. They’ll be celebrating Independence Day – the birthday of the United States and the 235th anniversary of shaking off the oppressive yoke of British rule...
That’s the good news. On the flip side, however, a country whose hallmark has always been a sense of irrepressible optimism is in the grip of unprecedented uncertainty and self-doubt. With the United States mired in three foreign wars, beaten down by an economy that shows few signs of emerging from deep recession and deeply disillusioned with President Barack Obama, his Republican challengers and Congress, the mood is dark.
The last comparable Fourth of July was probably in 1980, when there was a recession, skyrocketing petrol prices and an Iranian hostage crisis, with 53 Americans being held in Tehran. Frank Luntz, perhaps America’s pre-eminent pollster, argues that his countrymen are much more downbeat now than in 1980. “The assumption with the Carter years was that it was a failure of the elites, not the system. We thought the people in charge screwed up. We didn’t blame ourselves.” Remarkably, many Americans think things will only get worse and the good times will never return.
A recent New York Times/CBS poll found that 39 per cent think that “the current economic downturn is part of a long-term permanent decline and the economy will never fully recover”. That was up from 28 per cent last October. Last month, a CNN poll found that 48 per cent of Americans believe another Great Depression is somewhat or very likely.
Luntz has found that 44 per cent of Americans believe their country’s best days are in the past, 57 per cent that their children will not achieve the same quality of life, and 53 per cent that they are less free than five years ago. So what is going on? ...
http://blogs.telegraph.co.uk
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America's National Deficit Increased An Unprecedented 35% Under President Obama

Barack Obama is spending like one of the Real Housewives
When U.S. President, Barack Obama, assumed office two and a half years ago, the national deficit stood at 10 trillion dollars. In the short time he has been in office, the deficit has skyrocketed 35% to 14 and a 1/2 trillion dollars, due to unprecedented spending, unsustainable under any system of government in the world, as there is not enough coming in to support such expenditures.
What's just as perplexing is President Obama announcing he desires to do another stimulus package, believing it will boost the economy, but it will add billions more to the already batter national deficit.
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The U.S. Economy Hits Another Massive Decline Under Obama's Watch

Barack Obama
Financial data released this week reveals, the U.S. economy has hit another wall, plunging deeper into difficulty. Unemployment has sharply risen again, the dollar has fallen in the world against other currencies it once dominated, the national deficit continues to climb to alarming levels, foreclosures are up and home values are so far down, they have become worse than Great Depression levels. That is not a good financial profile.
In response to the bad financial news this week, President Obama stated the nation had hit a bump in the road to recovery. No, that wasn't a bump. That was a sinkhole. It happened due to your administration's financial policies that are not working.
The national numbers painfully and irrefutably indicate, President Obama has failed to fix or stem, the significant problems plaguing the U.S. economy. America cannot take 5 and ½ more years of this current path - via a reelection - or the economy will hit the point of no return.
In fact, mainstream newspapers are openly stating the continued poor state of the economy will destroy Obama's reelection bid. He is refusing to change course, while people are suffering due to the economy, with things getting worse, not better.
Regrettably, President Obama has ignored sound advice and serious warnings on the economy, opting to spend and borrow massive sums of money the nation cannot afford. He has also pledged billions America cannot afford, for foreign regimes, some of which have dangerous ties.
Rather than taking the principled and proven financial path the Judiciary Report recommended, consisting of sensible budget cuts, increasing exports and a small 5% tax increase on the nation's rich, Obama has borrowed and spent enormous, head spinning sums of money, more than any other president in U.S. history. Why did he do this.
President Obama has refused to listen to logic or follow the principles of sound economics. Once again, you cannot spend your way out of debt. You have to be diligent, disciplined, work within what you have and make sacrifices.

I know of what I speak in the matters of finance. I was the first one to predict the current financial crisis in 2006 on the Sound Off Column and in the article Judiciary Report article How George Bush Destroyed The U.S. Economy. I retained my view, never wavering, even in the face of former President Bush, publicly insisting the economy is strong and nothing is wrong, then scampering out of office under a cloud of shame and failure.
In 2008, the world saw that Bush had been lying about the economy and I was proven correct in my claims. Yes, I have websites read by many, but I am an everyday person that has been out there with the public, hearing people's concerns and writing about my own experiences. I am not an out of touch bureaucrat living the champagne lifestyle, as quite a few in Washington due, unaware of what is truly happening in the world among the poor and middle class.
Where Bush made this mess, Obama is spreading it with unprecedented spending that is of a fruitless nature. His job creation plan failed miserably, as I warned in advance it would (Obama Calls For Job Summit). Just as I had predicted, stimulus money was later indiscriminately doled out to companies and organizations, with no proper oversight to make sure the money was spent wisely, to create the maximum number of jobs.
There are many instances of gross waste and largesse, regarding stimulus funds. For example, in one case, a stimulus recipient, received $750,000 in taxpayer money to employ people and only created TWO JOBS with said funds. If someone gave me $750,000 I could create 40-60 jobs of varying incomes. How said company only managed to create TWO JOBS is beyond me. This pattern repeated itself, because of poor government oversight.
One also cannot expect to have a thriving economy, when you look the other way to criminals in the marketplace, because they are your campaign donors and Obama has done just that. Said criminals are doing damage to the U.S. economy every day. America’s poor and middle class are being defrauded, robbed and gouged by people in the corporate sector who have no business being there. Obama, like Bush, refuses to lock them up and to the public's detriment.
While there are successful companies in corporate America, working hard and genuinely contributing to the economy. There are also ponzi schemers, fraudsters, thieves and fakes, who do not belong in the corporate structure, as their main course of business is robbing people and engaging in scams.
It is not right that the poor and middle class be robbed and gouged to underwrite the lavish lifestyles of corporate criminals, who are a disgrace to the business sector. As long as said criminals remain in the corporate sector, the U.S. economy will not recover. The government needs to separate the wheat from the chaff or the entire financial crop will continue to be destroyed.
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U.S. Economy Continues To Worsen As Not Enough Jobs Are Being Created

Barack Obama
U.S. unemployment data released this week reveals, the economy is still in peril, as job creation is moving at a very slow place. While the economy did ad jobs, ironically, it lost more than it gained, in a very disturbing and stubborn pattern that has not relented.
The Judiciary Report has maintained for over two years, the Obama Administration is not addressing the problem of unemployment in the correct manner. Money is being doled out with very little controls, which has led to slack job creation practices and outright financial theft. A competitive bidding system with strong follow up, should have been instituted, to properly monitor the progress of the economy.
Instead, the corporations of campaign donors have received the lion's share of the job creation money and are not doing enough with the funds, to make any substantial headway in the unemployment crisis. The whole nation suffers under said scenario, which continues to happen. Washington needs to correct that.
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Obama Rep Equates Economy With Cancer

Erksine Bowles

On July 11, 2010, the co-chairman of U.S. President Barack Obama's Debt Commission, Erksine Bowles, compared the declining American economy to cancer. He said the current national budget and debit is and I quote, "a cancer that will destroy the country from within."

Yes, I know. I said that already 2-years ago in the article The Global Bush Effect: "It's a financial cancer, that due to international cross collateralization and open-end monetary instruments, is metastasizing, when the problem should have been detected early, and there were symptoms, isolated, contained, then the appropriate treatment applied."

It's amazing that 2-whole-fiancially-painful-years later and the government still has not improved and is in the same financial sinkhole, only deeper. It's astonishing that it's taken all that time for the government to realize this fact. However, the question is, what are you going to do about it, as talk is cheap.

Side Bar: Don't talk about cancer around Obama. He will break out a shovel and dig up his best manure in your direction. You would think with someone that smokes the way he has and does, he'd have a vested interest in curing the disease.

Obama's debt commission warns of fiscal 'cancer'

Monday, July 12, 2010 - BOSTON -- The co-chairmen of President Obama's debt and deficit commission offered an ominous assessment of the nation's fiscal future here Sunday, calling current budgetary trends a cancer "that will destroy the country from within" unless checked by tough action in Washington.

The two leaders -- former Republican senator Alan Simpson of Wyoming and Erskine Bowles, White House chief of staff under President Bill Clinton -- sought to build support for the work of the commission, whose recommendations due later this year are likely to spark a fierce debate in Congress.

Bowles said that unlike the current economic crisis, which was largely unforeseen before it hit in fall 2008, the coming fiscal calamity is staring the country in the face. "This one is as clear as a bell," he said. "This debt is like a cancer."...

http://www.washingtonpost.com

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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.

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U.S. Banks Still In Trouble

U.S. President Barack Obama
The U.S. banking sector is still in financial calamity. Banks are defaulting on TARP loan repayments and cutting down on the services provided to the American people, such as free checking, as the each of the accounts costs them $200-$300 per year to maintain.
Overdraft services are also being reduced, as the government passed legislation requiring banks to inform the American people, before such fees are tacked on to their accounts.
Too many unsound business practices occurred in the U.S. banking sector and brought the nation to this place. Bankers, brokers and mortgage companies got greedy in said sector and gouged the American people to terrible extremes.
The attitude was the American people would just have to pay for it somehow. You can't make blood out of stone. If people do not have enough money to meet your demand, they simply can't afford it.
In light of the unprecedented U.S. financial crisis of 2008 that is still raging, the world has to rethink how it does business, especially the U.S. government. The Judiciary Report is not calling for a new world order, as that is very dangerous.
The site is simply suggesting the following:
No country should be allowed to anchor the world's economy, as if it falls, it will take the whole world down with it.
Each nation must act in a financially independent and responsible manner. It will create healthy competition worldwide and address the best interests of each respective nation. It will also elevate the world.
Each country must have greater checks and balances in the financial sector, especially those that do large scale business with entities in other nations, investing in them.
Each nation must have greater financial transparency. That should be self-explanatory.
No country should be allowed to borrow money beyond its means of repayment
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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 Being Blamed For U.S. Economic Woes

U.S. President Barack Obama's popularity has taken a massive dive, as he is catching up with former President, George W. Bush, in the blame department, regarding the ongoing financial crisis rocking America.
Where Bush precipitated the problem with the terrible management of the nation's finances and massive spending, Obama has exacerbated it with unruly, socialist spending, not suited to the U.S. economy.
Some good news in the midst of troubling financial headlines: GM repaid $8 billion of the bailout money it was given, 5 years in advance. Well done to GM.
Bush still gets blame for economy, but Obama catching up

April 21, 2010, 6:07 PM EDT - Former President George W. Bush still gets most of the blame for the nation’s current economic ills, but the government’s current chief executive is catching up, according to a Gallup poll released Wednesday.

President Barack Obama takes at least a moderate amount of blame among half those surveyed by Gallup late last month, up from 32% when Gallup last asked the question in July. The survey of 1,033 adults shows that 26% think Obama should take a “great deal” of the blame while another 24% believe the current president shoulders a “moderate amount.” Fifty percent say Obama gets little or no blame...
http://blogs.marketwatch.com
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