Archive of posts tagged debt crisis

Obama Administration’s Ties With Corrupt MF Global and Others Raise Questions

Obama's MF Global Ties are Big Trouble for Re-election Campaign

Obama's MF Global Ties are Big Trouble for Re-election Campaign

More Obama administration Crony Capitalism and Corruption comes to light when looking into the corrupt and bankrupt financial company MF Global, which is currently being investigated by the FBI after finding out that besides the shockingly quick bankruptcy, hundreds of millions of dollars are also missing from their client’s accounts.

MF Global’s chairman and CEO, and former New Jersey governor, Jon Corzine, raised at least $500,000 for the Obama campaign, and in return, Obama campaigned for Corzine’s failed re-election efforts, and is said to be planning on offering Corzine a position in his administration, if re-elected.

That is a VERY big “IF” Obama!!

The bankrupt financial company MF Global, now under federal investigation for possibly misusing clients’ money, is one of the top sources of contributions for President Obama’s reelection, complicating the campaign’s effort to turn public anger at Wall Street into a political advantage.

Employees of the company have given $108,650 to Obama’s campaign and the Democratic National Committee, according to federal records. MF Global’s chairman and chief executive,

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Whack-Job Democrat Rep. Barbara Lee Is Out Of Touch With Reality

Democrat Rep. Barbara Lee’s attack on Republicans is a feeble attempt to push blame for our current financial situation away from those who actually deserve it, like the Obama administration and Democrats who increased our nation’s debt by $4 Trillion in his first 19 months, which historically is more than all previous Presidents from Washington through Reagan COMBINED.

Barbara Lee (D-Calif.) is a complete wacko nut-job, who probably needs to take her medication and go lay down somewhere. At least until she comes back to reality, or gets removed from office. Seeing how completely out-of-touch with reality Democrat Rep. Barbara Lee really is, it would be best for the country if she was removed from office.

Sounds more like an idiot Rep has no clue about what is going on, and is just sticking up for Obama and her party’s destruction of our economy, jobs, housing, and just about everything else they have touched.

Rep. Barbara Lee (D-Calif.) released a statement Monday saying the “debt crisis” has been “manufactured by House Republicans” who are “attempting to advance an extremist agenda.”

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Boehner Ends Dead-End Debt Limit Talks With Tax-Hungry Obama

Obama and most of the Democrats are not honestly in favor of lowering the debt. They do want to raise the debt ceiling and jack up taxes to feed their out-of-control spending, impose more and more job-killing regulations to further damage the economy, and increase the size of the government to try and make us more dependent on the free handouts, as many already are.

Obama and the Democrats have had plenty of time to get the majority of our problems figured out, yet they waited until the last second on the debt problem because they wanted the American People to feel as though their backs were against the wall, and that a Democrat plan must be crammed through as soon as possible. They did the same thing with their socialist takeovers of private sector businesses, and the healthcare bill that none of the Democrats even read before passing.

Here is the letter from House Speaker John Boehner (R-Ohio) that explains why he broke off the debt ceiling negotiations with President Obama.

Dear Colleague,

Our economy is not creating enough

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