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 President's Budget Will Bankrupt America

Feb 01 2010

WASHINGTON – Congressman Connie Mack (FL-14), a member of the House Budget Committee, today slammed the largest budget in history and called on the President to truly commit to fiscal responsibility by cutting spending and living within our means.

Mack said:

“The President may talk a good talk, but his actions speak louder than words. For all of his claims about fiscal responsibility, the budget he released today is one of the most fiscally irresponsible in our nation’s history.


“Not only does President Obama’s budget double the national debt in five years, it boosts the deficit to new record levels - $1.6 trillion – and increases taxes by more than $2 trillion over 10 years. Throwing money at our problems and growing the size and scope of the federal government will not help to spur our economic recovery.


“What’s more, his claim to “freeze” spending is mere smoke and mirrors. His proposed spending freeze only applies to 13 percent of the budget, and it doesn’t go into effect until next year – locking in a massive level of spending for breathtakingly liberal programs.

The freeze comes after the President signed numerous costly appropriations bills and an $800 billion “stimulus” plan last year that have increased spending levels to astronomical levels. If the President wants to get serious about reducing our deficit, he must start by cutting spending – and then freezing it.


“Enormous government spending won’t create jobs or prosperity. Rather, it only puts our families, our children, and our grandchildren deeper in debt. President Obama’s budget won’t help the private sector, businesses, or hardworking Americans create jobs and invest in our nation’s future. Instead of increasing spending, we should make the 2001 and 2003 tax cuts permanent, reduce the regulatory burden on individuals and businesses, and unleash the economic engine of America.


“With a price tag of $3.8 trillion, the United States cannot afford a budget plan of more taxing, more spending, more government and less freedom. During the coming weeks and months, Congress must truly commit to a budget plan that spends the taxpayers’ money wisely and without raising taxes on hardworking Americans.”


Last week, Mack sent a letter to President Obama announcing that he is planning to work on three bipartisan legislative initiatives outlined in the President’s State of the Union address, including including expanding nuclear energy, eliminating the capital gains tax on small businesses, and enacting pending free trade agreements with Panama, Colombia and South Korea.







And the Really Big News Is





Jessica Simpson Farts


So you wonder why her marriage broke up,  flying through cyberspace is this story and picture of Jessica Simpson, with her tongue hanging out, personally, I would rather be caught breaking wind in public than having a picture with my tongue hanging out, circulating everywhere on the World Wide Web.

As the story goes, our fair Lady let one fly in a business meeting. She was scolded by her mother, who also was in the room, but the rest of her business companions had nothing to say. I mean what's the big deal, when somebody cuts the cheese, you should say something like, you better check it for chumks; every one has a laugh and gets on with the show.

Seriously though, I know of relationships that have come to an end because somebody stunk up the bedroom, go figure.

I had this friend who always farted in bed, one day this young lady was at her particular best. I had been complaining about her habit to no avail, and decided to get even. I started spitting out past the foot of the bed. When my little lotus blossom began to complain, I cleared my sinuses and lungs and spit straight up into the air.

Immediately, she jerked the bed cover over her head to avoid the green fallout. That was my cue, I blew the biggest butt bomb, that you ever heard. Even a  flatulent bovine beast has nothing compared to this apocalyptic seventh blast from ye ole trumpet.

  I mean to tell you, it was a rank one! Of course, the young lady immediately thought to escape from the false safety of the bed covers. But lo, this was not about to happen.

 In order to mete out the full measure of my revenge, I trapped her beneath  the sheets, until she begged for mercy. As soon as I released her, she sprang from the bed with a curse, hastily grabbed her clothing, ran screaming from the house and has never been seen again.

I hope this will put an end to stories about bad air. The story I would like to review, would be about Jessica Simson eating bad pizza, and regurgitating so much, that it is declared a national disaster, and aid must be rushed in by the military. We could all donate to the victim's of this disaster; now that would be news!
 

The Systemic Failures of the Obama Administration

Human Events
by
Connie Mack

On Christmas Day, terrorist Umar Farouk Abdulmutallab slipped through the cracks of our nation’s security and attempted to bomb Northwest Flight 253 on its way to Detroit. Because of the bravery and quick actions of the passengers on the Northwest flight, a major tragedy was averted. President Obama and his administration were slow to react. Department of Homeland Security Secretary Janet Napolitano, in the first few hours after the attempted bombing, claimed “the system worked.”

This sounded a lot like former President Bush in the days after Hurricane Katrina struck and destroyed much of New Orleans when he said, “Brownie, you’re doing a heckuva job.” No one believed President Bush then much as no one believes Secretary Napolitano now.

And while President Obama was on vacation in Hawaii and didn’t have a lot to say in the first few days after the event, he recently called the lapses and breakdowns of the federal government and intelligence agencies a “systemic failure.”

But as we look back on the first year of the Obama administration, much of what President Obama has attempted and achieved has been a “systemic failure.” From national security, to the handling of our economy, and to several foreign policy missteps, we have witnessed this administration and the Democrats in Congress fail to protect our national interests and instead usher in a new era of more taxes, more spending, more government and less freedom.

President Obama and his administration’s actions have threatened our national security and diminished our standing in the world as a beacon of freedom. Just look at how he has approached U.S. foreign policy during his first year in office: the botched announcement of the closing of the Guantanamo Bay prison last January (and, one year later, he still has no plan in place to deal with the displaced terrorists); hugging and chumming it up with Latin American thugocrats like Venezuela’s Hugo Chavez; failing to support the rule of law in Honduras after a Chavez-backed leader was removed from power; failing to speak out against the atrocities of Iranian leader Mahmoud Ahmadinejad after he won the Iranian presidential “election”; and dithering on the decision to increase troop levels in Afghanistan.

 The list of President Obama’s “systemic failures” is long on Big Government blunders and short on free-market solutions. Take, for example, the President’s handling of our economy, which is in the midst of one of the worst recessions since the Great Depression. We have borrowed too much money and now it’s time to pay for the overborrowing and overspending. Republicans in Congress and the American people were ready to work with the President to pass a strong investment package that would allow small businesses and entrepreneurs to restart the economic engine of America. But instead, President Obama allowed Speaker Nancy Pelosi and Senate Leader Harry Reid to pander to special interests and hand out Big Government giveaways that enriched a few at the expense of the nation’s taxpayers.

 President Obama claimed that we had to pass the so-called economic “stimulus” immediately so that we could stave off unemployment passing eight percent. But here we are, nearly a year after Congress passed the stimulus bill, and unemployment has skyrocketed to 10 percent; factor in underemployment figures, and the national unemployment rates actually rises to 17 percent. In addition to throwing money at our economic problems, the Obama Administration has vastly expanded the federal government’s reach into the private sector.

 They have bailed out the auto companies with not one but two bailouts (does anyone honestly think that the “Cash for Clunkers” program revitalized the American auto industry?); taken over our nation’s financial sector; raised the debt limit to pay for their spending sprees; and decided how much executives can receive in compensation at financial companies.

And, to top it all off, President Obama and the Democrats in Congress want to dictate what kind of health care you will receive. On Christmas Eve, they crammed through a package of billions of dollars in gifts to health insurance companies and other sweetheart deals to secure the votes of wavering Senators. They have passed bills that will put bureaucrats and politicians -- not doctors and patients -- in charge of your health care. And they are leaving our children and grandchildren to foot the bill. One thing is for sure: the Nanny State was alive and well in 2009, and with the Democrats running Washington, it won’t be going away anytime soon in 2010.

One thing President Obama hasn’t failed at is thinking up Big Government solutions to our nation’s problems. Perhaps President Obama’s first New Year’s resolution should be to turn that list of systemic failures into a list of free-market accomplishments that preserve our freedoms, limit the size and scope of government, and allow the free market to flourish. That’s the kind of change we need in 2010.

Mr. Mack, a Republican, represents the 14th District of Florida.

Mack Renews Calls for Geithner to Resign




Says Congress must thoroughly examine Geithner and Paulson’s questionable roles in AIG bailout

WASHINGTON – Congressman Connie Mack (FL-14) today slammed Treasury Secretary Timothy Geithner and former Treasury Secretary Henry Paulson for their questionable roles in the AIG bailout in 2008. Mack also renewed his calls for Secretary Geithner to resign for the good of the country.

Mack, who last March was the first Member of Congress to call for Secretary Geithner to resign or be fired, said:

“Under Secretary Geithner’s watch as head of the Federal Reserve Bank of New York, the New York Fed funneled billions of dollars in a backdoor bailout to AIG’s creditors. Under his failed leadership at the Fed, and with Secretary Paulson at the Treasury, they both gave away billions of dollars in taxpayer money with little or no accountability and failed to protect American taxpayers.

“The American people are demanding answers. Secretary Geithner and then-Secretary Paulson siphoned billions of dollars in closed-door deals through the AIG bailout to their friends at Goldman Sachs and others on Wall Street. This is crony capitalism at its absolute worst, and Secretary Geithner has shown time and again that he can’t be trusted with taxpayer money.

“The emails between the Federal Reserve Bank of New York and AIG officials are the smoking gun that show that the New York Fed, under Geithner’s leadership, told AIG not to disclose the key details of their closed-door agreements to make big payouts to Goldman Sachs and others in 2008. “Congress must investigate Secretaries Geithner and Paulson for their role in this cover-up. We need more transparency and sunlight on these cozy relationships. But more importantly, Congress needs to stop once and for all the Bush-Paulson and Obama-Geithner bailout policies and start focusing on rebuilding our economy – without more bailouts or other Big Government solutions.”

This morning, Secretary Timothy Geithner and former Secretary Henry Paulson are scheduled to testify in front of the House Committee on Oversight and Government Reform about the role of the Federal Reserve Bank of New York and the Treasury Department in the bailout of AIG.


Connie Mack: Veterans' selfless sacrifices bought us freedom
By U.S. Rep. Connie Mack, for the News-Press

President Ronald Reagan once said, “Freedom is never more than one generation away from extinction. "We didn’t pass it to our children in the bloodstream. "It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children’s children what it was once like in the United States where men were free.”

Truer words were never spoken. Because of the selfless service and sacrifice of our veterans, we enjoy boundless freedoms. But those freedoms must be protected and preserved by each generation. As a Member of Congress representing Southwest Florida, I am honored to represent the brave men and women who have defended our liberties at home and abroad and continue to do so today.

Every time I meet a veteran or servicemember, I am always struck by their resolve and unwavering dedication to the ideal of freedom and liberty on which our nation stands. Earlier this year, we celebrated the 65th anniversary of D-Day – that fateful day when allied forces joined together on the shores of Normandy in the fight for freedom.

A number of veterans living right here in Southwest Florida played a role in that battle and others during World War II, and their stories of personal sacrifice will stay with me always.

Thurlow Miller of North Naples, for example, served on the U.S.S. Arkansas battleship, loading shells to shoot at enemy planes and looking for survivors on the beach.
Carl Lohmann of Naples served in the U.S. Coast Guard during World War II, bringing troops back and forth from the Pacific and Atlantic.

Hurbert Nerenberg of Fort Myers earned the Bronze Star recently for his service in the U.S. Army during World War II. During the medal ceremony in May, Hurbert spoke to me about how he saved lives as a combat medic.

These brave soldiers, and all of those who have served during times of war and times of peace, deserve the nation’s full support. They have made a commitment to keeping our nation safe, and we must ensure that we are doing everything we can to show our gratitude for their personal sacrifices now and in the future. That’s why I am so pleased that the construction of the new VA outpatient clinic in Cape Coral is moving forward so quickly.

This new clinic will help meet the needs of our rapidly growing veterans’ population, and I’m thrilled that construction will soon begin on the site now that a local contractor has been awarded the construction bid. I will continue fighting for the men and women who have served our nation to ensure that they receive the benefits they have earned and deserve.

On Veterans Day, we celebrate our courageous men and women in uniform who have fought selflessly against oppression and tyranny around the world and here at home. Because of their sacrifices, we enjoy freedoms that others in the world are fighting to obtain. Freedom is under assault every day, and thanks to our veterans, we can protect and preserve it for the next generation.

Although there is much work that remains to be done, we remain committed to doing all we can to honor and support our veterans. America owes these men and women a debt we can never fully repay. But we must never stop trying and we can never forget what they have done. The tens of thousands of veterans residing in Southwest Florida deserve no less from a grateful nation.

The Good - Van Morrison has a new son, (NOTE: Van Morrison story turned out to be a hoax)

The bad - Ivana Trump, kicked off the plane!? I guess the airlines have forgotten how much business they lost after 911, I would rather see safe than sorry, but safe does't mean stupid!

The Ugly - I get quite a bit of e-mail, it is all very interesting, the other day, I got this picture of a little girl, flipping the bird! Voters are unhappy.

<sub>doesn't like Obama




the ugly gets uglier</sub>

photo credit : Yahoo!

Scott Brown, a Republican, has won a Senate seat, that Democrats have held since dinosaurs roamed the earth.


A wake-up call has just been issued for the Obama administration and Democrats in general. It looks like business as usual from the people who promised change, hasn't gone unnoticed among the voting public.

The other day the president gave a wonderful speech about getting American taxpayers money back from the rich bankers. A little too little, a little too late, for this election anyway.

Getting our money back from the dead beat bankers is only one part of the equation, the rest of the math is jobs, jobs, jobs. It's the economy stupid!



The confusion in Washington DC never seems to come to an end.


Dear Washington DC :

A little bit of simple physics may be applied in this situation. Money, like water must run down hill. Stop stealing our money, our jobs, and  acting in the role of reverse Robin Hood,  giving our hard earned tax paying money,  to people who only want to party it away.

The working man and woman, hold down jobs in order to earn wages. Those wages are used  for the house payment, the car payment,  the electric bill, the water bill, and the gas to go in that car, and pay taxes. The main problem being, this massive unemployment and generally poor environment for earning money. A really bad economic situation.

It would be nice to have affordable health care, but with out a job to pay for even a minimal insurance premium, and with out somebody to pay the taxes besides Joe Multibillionaire, who takes advantage of all the tax loopholes, and doesn't want to pay taxes, the system keeps spiraling down into the abyss. China, no doubt is tired of bankrolling United States of America, it is time to get back to work!

This super welfare state, also known as  health care, should've died back in the Clinton administration.. It is taking up too much time that should be devoted to puting Americans back to work. If any politicians are  planning to survive the upcoming elections, you need to pay attention,  put us back to work.

So, Mr. Senator and Mr. Representative, drive around  the neighborhood and count all the empty houses. They are empty because we cannot afford to pay the bills. No Job!  Please, knock on the door to these empty houses, and ask that empty space inside to vote for you!

In popular culture, the phrase "Let them eat cake" is often attributed to Marie Antoinette.

on a lighter note

Webmaster B. Javamanmonk

Just call me Wily Coyote Genius. I have been nominated best by Yahoo, twice in one day, see my award, come and use my widget, Yahoo answers, bottom of the homepage, it's a lot of fun, test your knowledge against friends.

One More Item -Come and join us for a New Year's celebration, online here at the National Voice Gazette, see the details on the home page, sign up for advanced e-mail reminder, be there or be square!

I have posted the lyrics to Auld Lang Syne on our New Year's celebration page. the MP3 file is also on this page, and is found on the home page, and below!

Auld Lang Syne, MP3

Get a NASA App for your iphone
nasa-i-phone-app

Photographic evidence that Michael Jackson was a planet of the apes fan

Planet Of the Apes was a movie from 1968, it starred Charlton Heston as George Taylor, Roddy McDowal as Cornelius, and Kim Hunter as Zira. In the movie Planet of the Apes, the earth was dominated by the great apes, humans were their servants. It was an excellent movie, and there have been sequels and remakes, also not bad. Of course, we are all familiar with Michael Jackson. Michael Jackson had many plastic surgeries.

Many people thought Michael Jackson got more weird looking after each surgery. But if you compare these two photographs, you will see, that Michael Jackson, may have accomplished the goal, which would seem to be, resembling Kim Hunter's character, Zira.

What Do You Think?

_{above: Kim Hunter as Zira}

_{above: Michael Jackson as Zira}






Angriest Americans revealed

_{Photo Credit: Wikipedia User David Shankbone}

A new study determines which groups of individuals in the country are most likely to be affected by anger.

U.S. (WiredPRNews.com) 2009-12-04 15:07:04 (GMT) (WiredPRNews.com - Health & Fitness, News)– A recent study proposes that certain groups of individuals are more likely to be affected by anger than others. As reported by LiveScience.com, those determined to be in groups that experience feelings of anger the most include young people, individuals with children living in the home, and people who are less educated, according to a study by Scott Schieman with the University of Toronto.

As noted in the report, core stressors identified to impact individuals under the age of 30, that are linked to the development of angry feelings include time pressures, workplace conflict, and economic stressors.

More information about the findings will reportedly be made available in the January 2010 release of the International Handbook of Anger.

from Webmaster B: University Of Toronto!!! Wait a dog gone minute here!!! Canadians don't have a lot of room to talk!! That's enough to make a bishop kick out a stained glass window!!! Americans angry, no way dude!!! ----> don't forget about Webmasters, bloggers, and computer users in general (from any country).



and you haven't seen anything yet, just wait for midterm elections!

Obama optimistic about health care passage

<sub>Swamp in Florida anyone? oceanfront in Arizona? bridge for sale?


more ranting and raving below the ads!</sub>

This is your current computer address (IP)

The widget below is a very useful tool. If you want to track down phone numbers, e mail addresses, click the track button. A new window will open where you can enter the information. Enjoy!

Submit RSS Feed

From Webmaster B to my fellow webmasters : Above is a link to submit your rss feeds, and the following link will take you to a site that will make you icons. If you are noticing 404 error favicon.ico, in your logs, take your logo to this url and have it made into an animated favicon. Install the code on your web page and up load the ico/gif to your server. Take the code from this page in the head section or use the code in the zip file that you will get with the down load from our friends below. Both of these services are free.
fyi - the favicon displays in your address bar, your tab and bookmarks.

anamated Favicon maker

If you haven't gotten into rss yet, shame. These rss items are better than an e mail list, by a long way. If you are like me, and have too much to do already, click the banner link above, and try this rss program for free. It automates the process and can get you started with a nice little wizard. What I love most about the feedforall program is the validation. It is a necessity for burn out time at the end of the day, to have auto-validation to tell if you forgot a link ect. Viva automation! These feedforall people have great support and if you decide to buy, there are a lot of useful freebies for paid customers. This info, I have rendered without charge, so feedforall, you owe me a piece of chocolate cake, send it via the mail room, sign it foodforme!
mail room auto form

Note from Webmaster B : I am scattering a number of useful widgets throughout this website. They will be in logical places, or use the site search tool for finding anything on this site.

And as long as I have your kind attention, I would like to give a special welcome to my visitors from The Great State Of Georgia, especially you all from Atlanta, Scottdale, Mableton, Tucker, and Lilburn. I have visited your beautiful locality and enjoyed the scenery and people. Thanks for stopping in! Come on back!!!

Lilburn is the hometown of Kimberly Gittings, Miss Georgia 2009 and in Miss USA 2009.

Also, thanks to our friends from, Orlando, Auburndale, Thonotosassa, Placida, Seffner, Bonita Springs, Bradenton, Kissimmee, and Pensacola, you are great people!

And thanks to my visitors from all over the world. The net sure makes the planet a small place!

Mail Form - Formulario de correo

Drop us a line, we love to hear from our visitors. Your privacy is always respected, your info will be kept confidential.

Working People, Unite!

Now there's a statement, I have not heard for a while. I guess the commies are out of business.

But this has nothing to do with politics, just the need to unwind for a few minutes. This may even help you become more productive! Tell the Boss, Webmaster B said so. Even my therapist concurs.

With IT controlling our lives and telling us what not to do with the company computer, I will help you sidestep the issue and give you a little game to play. If you like the tic tac toe game above, you will enjoy the game Atlantis-Quest.

Matter of fact... This game helps calm stress so good, by helping you out, just before you have a fit trying to figure the next move.

Before I give you the link, I will make a little promise to provide some more stress relievers. And indeed, they are already on this website here and there. I'll link you later...JB

OK! Here it is
atlantis-quest

When you get through playing, get back here and get productive...Kidding!

I have set up a page with really good job location widget. You also can surf to Glassdoors site. I found several web developer type jobs in Tampa, using the search form. I also searched "Electrician" and found jobs from Georgia to CA. There are jobs and this little tool is handy for finding them. Hey, I just thought of something! I could get a real job!!! Good Luck.

Glassdoor is your free inside look at more than 30,000 companies. Salary details, company reviews, and interview questions — all posted anonymously by employees and job seekers.

Are You a Student? We'll take care of you! Get free access to everything Glassdoor has to offer without having to post a salary or review of your own.

Goto Widget
Return

....................

update on tension relievers - 00:05 9/1/2009 - I have been working on the music department. The good news, if you want to hear music while playing Atlantis-Quest, or reading the news, go to the music page first. I'll give you a link that will open another window. You should get some music fairly quickly, without fussing with anything. If nothing happens, go down to the bottom of the page and fuss with the widget. This thing is on a par with Pandora or such, it is worth a little fuss.

Note: I am using Opera 10 release candidate, things may be different in other browsers, I'll check it out and get all working. I also use Chrome, IE 8, but my Firefox is non functional. I'll work on it...Enjoy...JB

More fun coming!!! Stay tuned

music

Citigroup offers holiday gift - suspends foreclosures, evictions for 30 days

San Francisco, California (CaymanMama.com) — Banks aren’t always big and bad. In fact, this holiday season, Citigroup Inc. is extending a holiday gift for their customers by suspending foreclosures and evictions for 30 days.

The suspensions are in an effort to provide a temporary break for about 4,000 borrowers during the holidays.

Citi, a New York-based bank, announced Thursday that the suspensions will begin Friday and last through Jan. 17, and will only apply to borrowers whose loans are owned by Citi. That excludes borrowers who make their payments to Citi but whose loans are owned by other investors.

“We want our borrowers to have a much less stressful time, to spend their time with their families during the holidays as opposed to worrying about their homes,” Sanjiv Das, head of the company’s mortgage division, said in an interview.

According to the AP, “The suspension means Citi will halt foreclosure sales and stop evicting homeowners from properties it has already seized. The company projects it will help 2,000 homeowners with scheduled foreclosure sales and another 2,000 that were due to receive foreclosure notices.”

note from Webmaster B. javamanmonk - The people who had their hand out to the federal government, for billions of tax payer dollars, are going to take a break from throwing you out of your homes for 30 days. Now don't that just tickle you pink! I can tell you, I am about as pro-establishment and patriotic as a person could be, I am a disabled veteran, for crying out loud. I don't wear this Uncle Sam hat for nothing. But, am I the only one, that thinks that something really stinks here? I would like to have my tax money back, and throw you out on your asses, how do you like that Citibank!!!

note from Webmaster B. javamanmonk - (below) here is another batch of criminals, I think I will move into this building, when I run out of rent money, here. Do you suppose, they will have a moratorium also?

Bank of America chooses Moynihan as new CEO

The bank giant has chosen its new CEO.

Charlotte, N.C. (WiredPRNews.com) – Bank of America’s board of directors have chosen the corporation’s new CEO. As reported by the Associated Press (AP), Brian Moynihan has been named the replacement for Ken Lewis.

Moynihan, who will reportedly assume the position January 1, is quoted by the AP as remarking of being picked in a statement, “I am honored to have the opportunity to lead this important company… We have everything we need at Bank of America to be the best financial services company in the world. What we need to do now is very simple. We need to execute.”

Dr. Walter E. Massey, chairman of Bank of America, who spearheaded the search for the new chief executive, is quoted as stating of the company’s decision, “Brian’s wide range of experience, his relationships inside and outside of the company, and his demonstrated ability to understand business dynamics and effect constructive change made him the best person for the position.”

note from Webmaster B. javamanmonk - well, while I'm on a roll here, I will share a little story with you about insurance giant AIG. Yes, another bunch of billionaires, with their hands out for the little people's money. More than once, did they stick their hands out. And then, went out to California to party off a big bunch of that money. Y'all remember that!?

A few years ago, I had my vehicle insured by AIG (2005 - 2006).

After having insurance from their company, for about a year; I decided I would find something cheaper, which was no problem; AIG insurance is about as high as you can buy. After finding an insurance company that charged 1/5 of what AIG was charging me for the same old vehicle, (I have "a squeaky clean driving record", this is a quote by my new insurance agent); I called on the phone to cancel the insurance.

I would not have given them any notice, except for the fact that they were taking money directly from my bank account for insurance payments, just call me Mr. Dumbo. I attempted to close my AIG insurance account, to prevent any more money being taken from my bank account. AIG, decided on their own merits, to roll my insurance over for another year, without any consultation with myself. I had several hundred dollars missing from my bank account, unauthorized. In the state of Florida, this is considered a criminal activity, an unauthorized debit from a banking institution.

For the sake of brevity, I'll cut to the chase here, but trust me, there was a lot of chicanery going on by AIG insurance company. After refusing to give a refund for the overcharges, they also, did not want to accept my reason for closing the account, which was cheaper insurance. I decided to be a little more diplomatic; I made a second call, and was able to get AIG insurance company, to quit taking money out of my bank account, no mean task.

They not only made unauthorized withdrawals from my bank account, but after I successfully terminated doing business with them, they claimed that I owed them $50! That's a hell of a job of juggling books. After I refused to pay them for robbing me, they turned me over to a collection agency, to recover $50. It is no wonder they went broke, poor judgement in every thing they do. Paying a collection agency to recover $50 has got to be expensive wouldn't you agree?

Pres. Barack Hussein Obama, promised us change, but the only change I see, are the few coins we have left, leaving our poor starving, homeless fingers, to go into the coffers of corporate billionaires.

God bless the Republic!

Financial Experts Predicting Rapid Dollar Devaluation in a Coming Burst of the “Dollar Bubble”

Many news commentators are echoing the same resounding assurance: the recession is over. But not everyone sees it this way. Who’s right? Just look at the facts.
hyperinflation





here is the president's speech about getting our money back from the bankers




Weekly Address: President Obama Vows to "Collect Every Dime" of Taxpayer Funds that Helped Big Banks

WASHINGTON – January 16, 2010  - In this week’s address, President Barack Obama proposed a fee on major financial firms to recoup – on behalf of American taxpayers - the $700 billion paid out in TARP, saying “we want the taxpayers’ money back, and we’re going to collect every dime.”  The President’s proposal will only affect the largest financial institutions with the most debt, so it will not only help recover the TARP funds and reduce the deficit, but also crack down on some of the banking practices that led to the financial crisis.

The audio and video will be available online at www.whitehouse.gov at 6:00 am ET, Saturday, January 16, 2010.

Remarks of President Barack Obama
As Prepared for Delivery
Weekly Address
January 16, 2010

Over the past two years, more than seven million Americans have lost their jobs. Countless businesses have been forced to shut their doors.  Few families have escaped the pain of this terrible recession.  Rarely does a day go by that I do not hear from folks who are hurting.  That is why we have pushed so hard to rebuild this economy.

But even as we work tirelessly to dig our way out of this hole, it is important that we address what led us into such a deep mess in the first place.  Much of the turmoil of this recession was caused by the irresponsibility of banks and financial institutions on Wall Street.  These financial firms took huge, reckless risks in pursuit of short-term profits and soaring bonuses.  They gambled with borrowed money, without enough oversight or regard for the consequences.  And when they lost, they lost big.  Little more than a year ago, many of the largest and oldest financial firms in the world teetered on the brink of collapse, overwhelmed by the consequences of their irresponsible decisions.  This financial crisis nearly pulled the entire economy into a second Great Depression.

As a result, the American people – struggling in their own right – were placed in a deeply unfair and unsatisfying position.  Even though these financial firms were largely facing a crisis of their own creation, their failure could have led to an even greater calamity for the country.  That is why the previous administration started a program – the Troubled Asset Relief Program, or TARP – to provide these financial institutions with funds to survive the turmoil they helped unleash.  It was a distasteful but necessary thing to do.

Many originally feared that most of the $700 billion in TARP money would be lost.  But when my administration came into office, we put in place rigorous rules for accountability and transparency, which cut the cost of the bailout dramatically.  We have now recovered most of the money we provided to the banks.  That’s good news, but as far as I’m concerned, it’s not good enough.  We want the taxpayers’ money back, and we’re going to collect every dime.

That is why, this week, I proposed a new fee on major financial firms to compensate the American people for the extraordinary assistance they provided to the financial industry.  And the fee would be in place until the American taxpayer is made whole. Only the largest financial firms with more than $50 billion in assets will be affected, not community banks.  And the bigger the firm – and the more debt it holds – the larger the fee.  Because we are not only going to recover our money and help close our deficits; we are going to attack some of the banking practices that led to the crisis.

That’s important.  The fact is, financial firms play an essential role in our economy.  They provide capital and credit to families purchasing homes, students attending college, businesses looking to start up or expand.  This is critical to our recovery.  That is why our goal with this fee – and with the common-sense financial reforms we seek – is not to punish the financial industry.  Our goal is to prevent the abuse and excess that nearly led to its collapse.  Our goal is to promote fair dealings while punishing those who game the system; to encourage sustained growth while discouraging the speculative bubbles that inevitably burst.  Ultimately, that is in the shared interest of the financial industry and the American people.

Of course, I would like the banks to embrace this sense of mutual responsibility.  So far, though, they have ferociously fought financial reform.  The industry has even joined forces with the opposition party to launch a massive lobbying campaign against common-sense rules to protect consumers and prevent another crisis.

Now, like clockwork, the banks and politicians who curry their favor are already trying to stop this fee from going into effect.  The very same firms reaping billions of dollars in profits, and reportedly handing out more money in bonuses and compensation than ever before in history, are now pleading poverty.  It’s a sight to see.

Those who oppose this fee say the banks can’t afford to pay back the American people without passing on the costs to their shareholders and customers.  But that’s hard to believe when there are reports that Wall Street is going to hand out more money in bonuses and compensation just this year than the cost of this fee over the next ten years.  If the big financial firms can afford massive bonuses, they can afford to pay back the American people.

Those who oppose this fee have also had the audacity to suggest that it is somehow unfair. That because these firms have already returned what they borrowed directly, their obligation is fulfilled. But this willfully ignores the fact that the entire industry benefited not only from the bailout, but from the assistance extended to AIG and homeowners, and from the many unprecedented emergency actions taken by the Federal Reserve, the FDIC, and others to prevent a financial collapse.  And it ignores a far greater unfairness: sticking the American taxpayer with the bill.

That is unacceptable to me, and to the American people.  We’re not going to let Wall Street take the money and run.  We’re going to pass this fee into law.  And I’m going to continue to work with Congress on common-sense financial reforms to protect people and the economy from the kind of costly and painful crisis we’ve just been through.  Because after a very tough two years, after a crisis that has caused so much havoc, if there is one lesson that we can learn, it’s this: we cannot return to business as usual.

Thank you very much.





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