Obama Raises National Debt Over $15 Trillion

Obama has increased US debt to over $15 trillion

Obama has increased US debt to over $15 trillion

Thanks to the Obama administration’s out-of-control overspending, and dangerous liberal policies, the United States’ National Debt has now passed the $15 trillion mark!

Many people will try and say that President Bush is the reason for our out of control national debt, but the Obama administration has already spent more of our money, in one term than, President Bush spent in two terms.

When will the American People stand up to Obama and make him stop the payoffs and paybacks to his political friends and supporters?

The Financial Report of the United States, which applies corporate-style accrual accounting methods to Washington, showed the government’s liabilities exceeded assets by $14.785 trillion. That compared with a $13.473 trillion gap a year earlier.

However, the government’s net operating cost, or deficit, in the report dropped to $1.313 trillion for the year ended September 30 from $2.080 trillion the prior year, largely reflecting a drop in expected future payments under government pension programs.

“Restoring fiscal $1.313 trillion sustainability will require substantial additional changes, including tax



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Corrupt Bureau of Labor Statistics Illegally Helping North Carolina Democrat

To help the Democrats get ahead of bad news, and in order to try and help their re-election bids, North Carolina Governor Beverly Perdue’s staff have been illegally receiving insider information about monthly unemployment statistics from the U.S. Department of Labor’s Bureau of Labor Statistics.

The penalties for early release of this data include up to five years in prison and a $250,000 fine, and anyone who has been breaking the law should be punished under these standards!

The Carolina Journal, published by the Raleigh-based John Locke Foundation (for which I’ve given paid speeches on occasion) reports that staffers in North Carolina Governor Beverly Perdue’s office have been getting advance word on monthly unemployment statistics from the U.S. Department of Labor’s Bureau of Labor Statistics. This is highly illegal under federal law and violates what I have understood to be a strong tradition in the BLS and other government statistics that no one—no one at all, not even in the White House—gets advanced word ahead of the public announcement of government statistics.

There’s obviously good reason for this: someone with



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Chicagoland Corruption: Union Leaders Scam $500,000.00 Pensions

'Insane' even by Illinois standards? Union official to get $500,000 in pensions

'Insane' even by Illinois standards? Union official to get $500,000 in pensions

More Typical Chicagoland Democrat Corruption Running Rampant in Chicago!

How is it that a labor leader gets hooked up with two pensions worth about $500,000 a year, in a city which is drowning in a sea of overblown pensions, and has the worst credit rating of any state?
The answer is simple. These jackasses are Democrat union members, in the most corrupt city in the United States, and supported by the most corrupt president in our nation’s history, who is also a byproduct of the Chicagoland corruption and crime.

The brain-dead people in Illinois will never do anything about the crime and corruption ruining their state though. As they have done for decades, they will continue to allow a few corrupt Democrats in Chicago to take down the economy of the entire state of Illinois. That’s what they get though for continuing to vote corrupt losers into office!

When Chicago goes bankrupt, in order to pay off his friends and supporters, you can bet that Obama will pour …

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Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

Almost Half of U.S. Households Receiving Government Benefits Under Obama’s “Leadership”

The Obama administration’s plan to tank the economy with their Socialist policies is working like a champ!

According to Census data, almost half of U.S. Household Receive Government Benefits, which is an all-time historic high for the U.S.

The Obama administration actually wants as many people as possible to be dependent on government assistance and benefits in order to make ends meet though, so don’t look for the Obama administration to make things better, because they won’t.

Families were more dependent on government programs than ever last year.

Nearly half, 48.5%, of the population lived in a household that received some type of government benefit in the first quarter of 2010, according to Census data. Those numbers have risen since the middle of the recession when 44.4% lived households receiving benefits in the third quarter of 2008.

The share of people relying on government benefits has reached a historic high, in large part from the deep recession and meager recovery, but also because of the expansion of government programs



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Brain-Dead DNC Chair Debbie Wasserman Schultz Lies Again to Protect Obama & Liberals

Brain-Dead DNC Chair Debbie Wasserman Schultz Lies Again to Protect Obama & Liberals

Brain-Dead DNC Chair Debbie Wasserman Schultz Lies Again to Protect Obama & Liberals

Brain-Dead DNC Chair Debbie Wasserman Schultz thinks that anyone can tell that the economy has gotten better on the Obama administration and Democrat’s watch, but that is just another bald-faced lie by Debbie Wasserman Schultz, which anyone in their right mind would be able to tell was not the truth.

The Obama administration came into office with a MUCH lower unemployment rate than Obama has created, and the Obama administration did not create even one job in August, and last month, close to 116,000 people lost their jobs, so if Debbie Wasserman Schultz thinks that Obama is making the economy better, she is either completely stupid, or an outright liar. We tend to think it’s the latter.

DNC Chair Debbie Wasserman Schultz insisted to CNSNews.com yesterday that “anyone’ can see that the economy is improving and sought to interpret what Pres. Obama really meant when he admitted Monday that Americans were not better off today than four years ago.

“Well, what President Obama said was that certainly



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Michelle Obama Has Spent $10 Million Taxpayer Money on Vacations Alone

Michelle Obama Has Spent $10 Million Taxpayer Money on Vacations Alone

Michelle Obama Has Spent $10 Million Taxpayer Money on Vacations Alone

Like Husband – Like Wife… Michelle Obama’s taxpayer-subsidised, privileged lifestyle is out of control!

Following in Barack Obama’s footsteps of wasteful spending and corruption, Moochelle Obama is doing her best to spend as much of our money as she can before the Obamas get thrown out of the White House on their asses in 2012.

Reports say that, in the past year, Michelle Obama has already spent over $10 million of taxpayer money on her family vacations alone!

The last vacation for Michelle Obama to South Africa reportedly cost the taxpayers $424,142, and doesn’t even include the food, lodging, and ground transportation for the large Obama entourage, and where, for some shady reason, Obama’s daughter’s, Malia and Sasha were listed as “Senior Staff.” Is it proper for the Obama’s daughters to be listed as “Senior Staff”, and what is the true reasoning behind such a shady maneuver?

Although ignored by most of America’s liberal-dominated media, several online US news sites are reporting that Michelle Obama’s grand tour of southern



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Obama Admin Planned Additional $469 Million for Solyndra As Financial Troubles Worsened

Now we are learning that, even as Solyndra’s financial situation grew worse and worse, the Obama administration still planned on approving an additional $469 million loan to the now bankrupt solar panel manufacturer, which would have increased the total loss to the American People to over $1 billion.

Obama Admin Planned Additional $469 Million for Solyndra As Financial Troubles Worsened

Obama Admin Planned Additional $469 Million for Solyndra As Financial Troubles Worsened

We would think that Obama administration has their head stuck up their butts, but were pretty sure that the Obama administration knew exactly what they were doing when they gave the $ billions in loans to a failing company, which was run by Obama friends and supporters.

In reality, it’s becoming more clear that Obama really just gave a half billion dollars of our money to his friends and supporters, as a “Thank You” for their support of Obama.

The Obama administration’s Department of Energy was poised last summer to give Solyndra a second major taxpayer loan of $469 million, even as the company’s financial situation was growing more dire.

The Energy Department was actively pushing to provide the second



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National Renewable Energy Lab: Another $1 Billion Green Jobs Failure for Obama

Obama’s Green Jobs scam and failures takes another hit when the “National Renewable Energy Lab” who received about $1 billion in government funding, and started receiving a 64 percent increase in their funding during the Obama administration, just announced a plan to lay off about 10 percent of its staff. So much for Obama’s Green Energy Jobs…

“Their funding for 2008 was $328 million, In 2010 it was $536.5 million. They’ve had a 64 percent increase in their funding during the Obama administration.”

President Barack Obama’s “green jobs” initiatives suffered another major blow late Monday, as the nonprofit National Renewable Energy Lab in Golden, Colorado, announced a plan to lay off roughly 10 percent of its staff through a voluntary buy-out plan.

According to the Denver Post, the lab plans to eliminate between 100 and 150 of its 1,350 jobs. The Obama administration supported the NREL in 2009 with roughly $200 million in stimulus grants. Energy Secretary Stephen Chu visited Golden in May 2009 to promote the NREL as a beneficiary of those funds.

At the time, the Associated Press



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