The good, bad, and the ugly of U.S. presidential politics 1

American Horror Story
August 2016WASHINGTON – If there is one thing most Americans should agree on it’s that you can’t trust a presidential candidate running for office in an election year. You have to study their entire record. Just how much they lie is nothing short of alarming. They will simply tell you anything you want to hear just to get elected. Keeping a promise, as a pledge of integrity to their constituent electorate, means very little if anything to most politicians seeking office. We decided to gauge this election by grading how well President Obama kept his word to the American people during the last elections. Here, see for yourself:

O Federal Debt

Federal Deficit Spending – On February 23, 2009 Barack Obama promises to cut the deficit and curb federal spending before the end of his second term as president. The U.S. federal debt doubled under Obama and it now stands at a staggering $19 trillion dollars. Future American generations will undoubtedly inherit Obama’s legacy of horrific financial mismanagement. Grade F

Federal Debt

O Middle Class

Middle Class Extinction: The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century. In the late 1960s, more than half of the households in the United States were squarely in the middle, earning, in today’s dollars, $35,000 to $100,000 a year. Few people noticed or cared as the size of that group began to fall, because the shift was primarily caused by more Americans climbing the economic ladder into upper-income brackets.
But since 2000, the middle-class share of households has continued to narrow, the main reason being that more people have fallen to the bottom. At the same time, fewer of those in this group fit the traditional image of a married couple with children at home, a gap increasingly filled by the elderly.  –NY Times   Grade F

Middle Class Income falling

O Housing

Homeownership rate drops to 63.4%, lowest since 1967: The U.S. homeownership rate fell to 63.4 percent in the second quarter of 2015, according to the U.S. Census. That is down from 63.7 percent in the first quarter and from 64.7 percent in the same quarter of 2014. It marks the lowest homeownership rate since 1967. Homeownership peaked at 69.2 percent at the end of 2004, when the housing market was in the midst of an epic boom. The 50-year average is 65.3 percent.
“It is now just five-tenths from the record low seen in 1965 in data going back also to 1965,” noted Peter Boockvar, an analyst with The Lindsey Group. “All the governmental attempts (certainly aided and abetted by many players in the private sector) at boosting homeownership has gotten us to this point in time with all the havoc it wreaked over the past 10 years. It’s just another governmental lesson never learned, of don’t mess with the free market and human nature.” –CNBC  Grade F

Home Ownership in the US

Advertisements
This entry was posted in Age of Decadence, Apathy, Apathy, Anger, Mistrust, Disillusionment, Bank Run, Banking Crisis, Bankruptcy, Civil Liberties threatened, Economic Collapse, Geopolitical Crisis, Greed and Corruption, Gun Control, Hierarchal Control, Immigration surge, Lost of National Sovereignty, Political Corruption, Political turmoil, Populist Uprising, Repeal of Constitutional Amendment, Squandered Resources, Unsustainable Debt Burden. Bookmark the permalink.

8 Responses to The good, bad, and the ugly of U.S. presidential politics 1

  1. Dennis E. says:

    A wolf in sheep’s clothing?
    A great deception?
    A Trojan Horse?
    He did say say They would redistribute the wealth. They have. The most prized possession, The Obama Phone.

    It has been written that if Hillary is elected she plans to raise taxes over 1.4 Trillion.
    If Donald Trump is elected he is going to have to do something about the debt. A lot of free stuff is going to have to disappear. I see a sign each day, free college. Who pays for it? Tax payers.
    You and I.

    His plan to transform America seems to have been focused around The LGBT, transgender and mass immigration of foreign refugees who will never acclimate to western society, our society.
    The blood of our countrymen and children will be spilled over the result of this process.

    • Utopia: the Collapse says:

      O

      Obama, no doubt, is the most incompetent president in American history. His record testifies to that. And here’s what’s really sad….even one of the worst leaders in history like Hitler had better economic management skills than Obama, and that’s not saying much.

      “Hitler achieved notable economic and diplomatic successes during the first five years of his rule. Hitler substantially revived the economy. Unemployment, so pivotal in bringing him to power, had dropped from 6 million to less than 1 million between 1933 and 1937, this at a time when the US was still wallowing in the Depression. National production and income doubled during the same period. This was partly owing to Hitler’s rearmament policy, but also to more benign forms of public spending. The world’s first major highway system, the autobahns, began snaking across the country, and there was talk of providing every citizen with a cheap, standardized car, the people’s car, or Volkswagen. –Global Security

      http://www.globalsecurity.org/military/world/europe/de-drittes-reich-economy.htm

      U.S. debt of $19 trillion: It took the country 205 years to accumulate its first trillion dollars of debt in 1981, but has only taken us 403 days to accumulate our most recent trillion. It’s hard to even think about numbers that big; if you were to count to a million it would take one week; if you wanted to count to a trillion it would take 31 thousand years.

      National debt interest rates are historically low at the moment – around 2.5 percent. When they rise, interest payments will rise exponentially thanks to the wonders of compounding rates. Say interest rates rise to 5 percent – still low by historical standards. That means we will owe nearly $1 trillion a year in interest alone. That’s about two-thirds of what the federal government brings in each year in total income tax revenue! So let me say this again, soon two-thirds of all the tax revenue the U.S. collects each year will be going to pay nothing but interest on the debt. –Information Station

      This is historically embarrassing. One day historians will ask, ‘What were Americans thinking, or were they even thinking?’

      • Dennis E. says:

        Obama was young, a fresh face,a smooth talker, a piped piper.
        A one term senator who was very arrogant, was intentionally late for senate hearings and would sometimes answer his cell phone during his time to q and a the person.
        He made many promises and unfortunately only a few kept.

        It seems that his agenda was to socially reengineer the country and promote Islam world wide.
        Remember, he said that when the winds blown against Islam(something like that) he would always stand with Islam.

        One final point. The Anti-Christ will appear in similar fashion, smooth tongue with all the answers.

      • Utopia: the Collapse says:

        O

        Heinrich Himmler: unsuccessful chicken farmer
        Adolf Hitler: community organizer and political agitator
        Nicolás Maduro: bus driver

        History’s painful lesson of electing the inexperienced

        Yes, a one term Senator who only served 768 days (2.1 years) before he ran for the presidency. That should have been the first warning sign to Americans but after Bush, the country wanted a liberal agenda that would be a suitable companion to the wave of secularism sweeping across America. The 2nd warning sign was his only other prior accomplishment was a “community organizer,” which is what Adolf Hitler was.

        He never ran a business, accomplished much of anything else in his life, or presided over any large discretionary expenditures. Although, he did call Donald Trump “unfit to be president.”

        He was in over his head from the day he walked through the door.

  2. Davidtlee says:

    How can one find the accounting ledger that list where all the money went.

  3. Joseph Sonny Skies says:

    Amazing how there is never enough money for schools, bridges, roads and yet despite the enormous debt there is ALWAYS enough money to make a bigger and ” better ” weapon of war.

    If todays USA national debt was converted from dollars to miles one would have to travel to Pluto and back at least 4,500 times to cover the debt if you only calculate Pluto being at it’s closest point to Earth. I think the rocket that just passed Pluto took about 5 years at about 35,000 m.p.h.at that rocket speed it would take about 54,000 years to complete the consumption of the debt/ mileage equivalent.

    • Utopia: the Collapse says:

      Insane. The only thing more insane is that the American people are still coalescing in public halls to hear Obama speak and haven’t thrown him out of office or impeached him for his blatant incompetence.

      Mind over Matter: Revolution and the violence of frustration won’t fix America’s problems – making more informed and intelligent decisions by getting involving and reforming the political process will.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s