Archive of posts tagged treasury department

Obama Admin Cooks Unemployment Books & Pushes Fraudulent Numbers – Actual US Unemployment is 37.2 Percent

Obama Admin Cooks Unemployment Books & Pushes Fraudulent Numbers - Actual US Unemployment is 37.2 Percent

Obama Admin Cooks Unemployment Books & Pushes Fraudulent Numbers – Actual US Unemployment is 37.2 Percent

As we have said for years, the Obama administration doesn’t know how to tell the truth.
No matter what the subject, the Obama administration will lie to make themselves look better, or to coverup their rampant corruption and criminal actions.

Thee trend of the Obama administration lying at every possible opportunity definitely has not changed when dealing with their horrendous unemployment numbers. Obama and the Democrats don’t want you to know the real unemployment rate, and they know that the corrupt media will not alert you to the truth, which is that the real unemployment numbers are much closer to 40% than 6.7% lie being told by the Obama administration.

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

In a memo to clients provided to Secrets, David John Marotta calculates

…

...Continue Reading Obama Admin Cooks Unemployment Books & Pushes Fraudulent Numbers – Actual US Unemployment is 37.2 Percent

Obama Administration Union Cronyism: 20,000 Non-Union Delphi Pensions Terminated by Democrats While Union Pensions Increased

Obama Administration Union Cronyism: 20,000 Non-Union Delphi Pensions Terminated by Democrats While Union Pensions Increased

Obama Administration Union Cronyism: 20,000 Non-Union Delphi Pensions Terminated by Democrats While Union Pensions Increased

The Obama administration has always played favorites with the Unions, but it’s shocking to see how non-union employees are mistreated by Obama’s goons.

The Obama administration actually terminated the pensions of 20,000 non-union pensioners during the Government Motors takeover, while the pensions were increased for pensioners who were members of the United Auto Workers union.

The corruption and crimes of this administration seem to be never-ending, and the unbelievable crap that the Obama administration has been caught pulling on the American People, and not been thrown out of office on his skinny ass is an amazement as well to many.

Emails obtained by The Daily Caller show that the U.S. Treasury Department, led by Timothy Geithner, was the driving force behind terminating the pensions of 20,000 salaried retirees at the Delphi auto parts manufacturing company.

The move, made in 2009 while the Obama administration implemented its auto bailout plan, appears to have been made solely because those retirees were not members of labor unions.

The

…

...Continue Reading Obama Administration Union Cronyism: 20,000 Non-Union Delphi Pensions Terminated by Democrats While Union Pensions Increased

Obama Treasury Department Officials Cited for Soliciting Prostitutes & Other Crimes

Obama Treasury Department Officials Cited for Soliciting Prostitutes & Other Crimes

Obama Treasury Department Officials Cited for Soliciting Prostitutes & Other Crimes

There is no end to the corruptness of the Obama administration – the most secretive and corrupt administration in the history of our nation.

Official government investigations are showing that Obama administration Treasury Department officials have been caught misusing government resources, soliciting prostitutes, breaking conflict-of-interest rules, and accepting gifts from corporate executives.

In 2010, an OTC employee “misused” government resources to solicit prostitutes on three separate occasions via Craigslist. While working at the OTC, investigators said the government staffer “viewed websites offering erotic services on a weekly basis as well as communicating with and arranging meetings with women offering erotic services.”

The OIG concluded that the OTC worker had violated government rules on “notoriously disgraceful conduct.” The case was referred for criminal prosecution to the U.S. Attorney’s Office for the District for Columbia, which opted not to prosecute “absent aggravating circumstances such as underage prostitutes or human trafficking.” The employee, who was not a political appointee, subsequently retired from the government, according to the documents.

In another finding, the

…

...Continue Reading Obama Treasury Department Officials Cited for Soliciting Prostitutes & Other Crimes

Obama Has Spent More in 3 Years Than Bush Did in 8 Years as President

For all of the the idiots on the left who still attack Bush for spending, but give Obama a free pass to grossly over-spend all he wants, but will never admit that Obama, his wife, and the Culture of Corruption Democrats have trashed our country’s foreseeable economic future by spending us into a huge hole, not to bolster the economy, but only to enrich Obama’s friends and supporters, here is a little story that you will love.

National Debt has increased more under 3 years of Obama than 8 years under President Bush

National Debt has increased more under 3 years of Obama than 8 years under President Bush

It seems that Obama has spent more in just over 3 years than President Bush spent in 8 years. Just to cut off the know-nothings on the left who will say, “Yea, but Obama had to deal with the recession (that he and the Democrats caused) and had to clean up Bush’s mess” Bush entered the White House in the beginning of a recession, with the Internet Bubble busting, and also had to deal with the worst terrorist attack in the history of the world, while cleaning …

...Continue Reading Obama Has Spent More in 3 Years Than Bush Did in 8 Years as President

Another Obama Green Energy Company Files for Bankruptcy After Receiving $43 Million Government Loan

Yet another one of the companies that Obama’s Energy Department gave $43 million in government-backed loans has filed for bankruptcy, sticking the American taxpayer with the bill.

Just as we have seen with Solyndra, Sun Power, and others, the Obama administration doesn’t worry about how much of our money is being wasted. They only care about how much money and support their wasteful and criminal spending will return to their re-election campaign.

The Obama administration’s inability to not waste money is becoming more than a problem, and we need to do everything in our power to stop the wasteful and most likely criminal abuse and waste of our tax dollars.

A Massachusetts company that received a $43 million Energy Department loan guarantee last year filed for bankruptcy Sunday, a step certain to fuel criticism of federal green energy financing in the wake of the solar company Solyndra’s collapse.

Beacon Power Corp., which develops energy storage systems, filed for bankruptcy protection in the U.S. Bankruptcy Court in Delaware.

Beacon Power had received a federal loan guarantee to help build an energy

…

...Continue Reading Another Obama Green Energy Company Files for Bankruptcy After Receiving $43 Million Government Loan