OBAMA FUNDRAISER FILES FOR BANKRUPTCY TO GET RID OF 42 MILLION DOLLAR DEBT THEY OWE THE AMERICAN TAXPAYER GIVEN TO THEM BY OBAMA IN THE STIMULUS HANDOUT
JUST ANOTHER DAY AT OBAMA'S FREE CANDY STORE
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Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts
Sunday, September 8, 2013
Wednesday, March 20, 2013
GOVERNMENT SEIZES CITIZENS' ASSETS
Cyprus wanted to seize citizen's assets but changed its mind after a public uproar. But don't think Cyprus is out of the woods yet. The Brits and Russians has mega bucks deposited in Cyprus. When the news came down that Cyprus was going to take 10% of all accounts in their banks to prop up their banking system, people in Europe and Russia panicked and starting scrambling to withdraw funds quickly. Think it couldn't happen in America? Think again. With a dictator in the White House who loves the stroke of his Executive Order pen, anything can happen. First it's firearms, then bank accounts.
READ IT HERE, VERY QUICK, EASY EXPLANATION OF THE PROBLEM
READ IT HERE, VERY QUICK, EASY EXPLANATION OF THE PROBLEM
Monday, September 20, 2010
GOVERNMENT MOTORS PAYS CEO COOL $9 MILLION
Wow, Reuters has reported that our car company, Government Motors, will pay our new CEO Akerson over $9 million in cash, salary and stock grants. In addition to that, they will pay Ex-CEO Whitacre $300,000 for serving on the GM Board of Directors for 4 months. Great jobs, if you can get 'em.
I see our new Pay Czar is really diligent in shrinking the CEO salaries of companies still on the taxpayer dole. That's what Obama was blabbing about when he took over GM. They're sure doing a great job, don't you think?
Funny how the math works. Toyota is solvent, in spite of their gas peddle problem, has lots of money in cash reserves, and their CEO makes $900,000 a year. BMW ties its executive bonuses to blue collar performance.
And then there's Government Motors. The company makes terrible business decisions, becomes insolvent, gets bailed out with taxpayer capital, files bankruptcy, and has minimal cash reserves. They fire their long term American ad agency and hire a French agency, with our tax dollars. They continue to get bail out money, and then they build a new plant in another country, not in America. Gee, who should we thank for this?
And then they award a newcomer with almost $10 million in compensation, and you can bet a new fleet of corporate jets will be on the way once their IPO is sold.
Our Government Motors sure knows how to game the system, and I'll bet they are laughing all the way to their Swiss bank accounts.
Thanks, Obama, for nothing.
I see our new Pay Czar is really diligent in shrinking the CEO salaries of companies still on the taxpayer dole. That's what Obama was blabbing about when he took over GM. They're sure doing a great job, don't you think?
Funny how the math works. Toyota is solvent, in spite of their gas peddle problem, has lots of money in cash reserves, and their CEO makes $900,000 a year. BMW ties its executive bonuses to blue collar performance.
And then there's Government Motors. The company makes terrible business decisions, becomes insolvent, gets bailed out with taxpayer capital, files bankruptcy, and has minimal cash reserves. They fire their long term American ad agency and hire a French agency, with our tax dollars. They continue to get bail out money, and then they build a new plant in another country, not in America. Gee, who should we thank for this?
And then they award a newcomer with almost $10 million in compensation, and you can bet a new fleet of corporate jets will be on the way once their IPO is sold.
Our Government Motors sure knows how to game the system, and I'll bet they are laughing all the way to their Swiss bank accounts.
Thanks, Obama, for nothing.
RECESSION IS OVER! CAN'T YOU TELL?
Did you see the "What Have They Been Smoking" headline today? "The Recession Is Over." That's what a panel of experts charged with determining these things announced. They say the "current recession ended in June 2009."
WOW, ARE YOU FEELING BETTER NOW?
Or are you one of the millions of Americans looking for a job, or worried about losing your job? Have you had your hours or wages cut? Do you have that squeeze in the pit of your stomach because things are so insecure?
Reported unemployment stubbornly remains at 9.6%, but the real jobless rate is 17.5% as reported by CNBC. If you are not part of this statistic today, you could be tomorrow.
Maybe you are one of the 2.6 millions Americans who have lost their home to foreclosure, or maybe your home is worth 30-50% less than you paid for it, or maybe you are behind in your mortgage payments like one in four Americans are? Or maybe you live in a neighborhood blighted by abandoned homes and therefore you can't sell yours?
Or maybe you have been forced to default on consumer debt and have filed for bankruptcy. A record number of bankruptcies are being filed every month.
Or you might be struggling to feed your kids, keep a roof over their heads, keep them healthy and educated, all while your purchasing power is in the tank and sinking fast.
These statistics are appalling, and economists are projecting that unemployment will not come down significantly anytime soon, and there will be record foreclosures for at least another 2 years.
We have the highest POVERTY RATE (43.6 million Americans living on wages below $22,000 a year) since the only other recession that lasted as long as this one has. That one was called THE GREAT DEPRESSION.
So while the hallucinating panel members can bend their statistics to make it appear "the recession is over," out here in the real world it sure doesn't feel like it.
This recession won't be over until our government gets its financial house in order, and that won't happen until the current crop of Washington Elites is FIRED. Until then we have to hang together and help each other as much as we can. As Americans we are all in this together.
WOW, ARE YOU FEELING BETTER NOW?
Or are you one of the millions of Americans looking for a job, or worried about losing your job? Have you had your hours or wages cut? Do you have that squeeze in the pit of your stomach because things are so insecure?
Reported unemployment stubbornly remains at 9.6%, but the real jobless rate is 17.5% as reported by CNBC. If you are not part of this statistic today, you could be tomorrow.
Maybe you are one of the 2.6 millions Americans who have lost their home to foreclosure, or maybe your home is worth 30-50% less than you paid for it, or maybe you are behind in your mortgage payments like one in four Americans are? Or maybe you live in a neighborhood blighted by abandoned homes and therefore you can't sell yours?
Or maybe you have been forced to default on consumer debt and have filed for bankruptcy. A record number of bankruptcies are being filed every month.
Or you might be struggling to feed your kids, keep a roof over their heads, keep them healthy and educated, all while your purchasing power is in the tank and sinking fast.
These statistics are appalling, and economists are projecting that unemployment will not come down significantly anytime soon, and there will be record foreclosures for at least another 2 years.
We have the highest POVERTY RATE (43.6 million Americans living on wages below $22,000 a year) since the only other recession that lasted as long as this one has. That one was called THE GREAT DEPRESSION.
So while the hallucinating panel members can bend their statistics to make it appear "the recession is over," out here in the real world it sure doesn't feel like it.
This recession won't be over until our government gets its financial house in order, and that won't happen until the current crop of Washington Elites is FIRED. Until then we have to hang together and help each other as much as we can. As Americans we are all in this together.
Labels:
bankruptcy,
consumer debt,
default,
Fired,
foreclosure,
Great Depression,
healthy,
jobless rate,
lost jobs,
mortgage,
poverty rate,
recession is over,
statistics appalling,
wages
Wednesday, September 15, 2010
KARL ROVE HAS FOOT IN MOUTH DISEASE
Ye gads, I just saw Karl Rove bashing and trashing the GOP Senate primary winner from Delaware, Christine O'Donnell. Rove was absolutely apoplectic in his denouncement of her. He couldn't explain how a non-politician, who got into the primary race late, had a very small amount of money, could beat the great Mike Castle, who has been a RINO in Washington for 40 some years.
Well, golly gee, Karl, do you finally get it? This is a REVOLUTION. We are going to oust the political machine in Washington, Dems and Reps, who have been complicit in expanding government, growing our national debt pushing us towards bankruptcy, destroying our economy, but especially those who voted for the $787 billion stimulus bill that has failed to create any jobs.
So Karl, listen up! This isn't about a Republican majority in the House or Senate. A Republican majority won't do us any good if those Republicans continually vote with the Liberal Democrats. And that is exactly what Castle has done for decades.
Understand it, Karl. We Are Fed Up! And to the Republican Party, don't be such a sore loser. The people in Delaware have spoken loud and clear, as they have in many, many other states. It would be very wise for the "Party" to get behind her because she is going to be the next Senator from the Great State of Delaware.
And all of America is going to cheer her on to victory along with all of the other true Conservatives who will be joining her.
Well, golly gee, Karl, do you finally get it? This is a REVOLUTION. We are going to oust the political machine in Washington, Dems and Reps, who have been complicit in expanding government, growing our national debt pushing us towards bankruptcy, destroying our economy, but especially those who voted for the $787 billion stimulus bill that has failed to create any jobs.
So Karl, listen up! This isn't about a Republican majority in the House or Senate. A Republican majority won't do us any good if those Republicans continually vote with the Liberal Democrats. And that is exactly what Castle has done for decades.
Understand it, Karl. We Are Fed Up! And to the Republican Party, don't be such a sore loser. The people in Delaware have spoken loud and clear, as they have in many, many other states. It would be very wise for the "Party" to get behind her because she is going to be the next Senator from the Great State of Delaware.
And all of America is going to cheer her on to victory along with all of the other true Conservatives who will be joining her.
Labels:
bankruptcy,
Christine O'Donnell,
Delaware,
election,
GOP,
Karl Rove,
Mike Castle,
national debt,
primary,
revolution,
RINO,
Senate,
stimulus,
us bill,
washington,
White House
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