Pay attention: The Earth is Changing and we are the last generation positioned to do anything about it. “As an Amazon Associate I earn from qualifying purchases.”
President Obama’s Speech on Libya | The White House The unanswered questions being asked are based on the misrepresentations of others who speak only for themselves and not the president. The president has been transparent all along in wanting to prevent Libyan civilians from being slaughtered by their government. However, it is his stance that freedom is the people's to win--as it is for all who fight for their democratic right to live free under suppression.
Our United Nations involvement is clearly not an act of war. It is only that certain people who do speak, understand how to manipulate specific keywords that misrepresent the president's intentions. If you listen to the president speak at a press event and then listen to others, you will hear very different words.
It seems to me there is undue attention focused on preventing our current president from doing what is right and correct for this country. When the president loses, the people of America lose because President Obama is the only one looking out for the interests of the American people. Everyone else is looking out for themselves. Think about that folks.
Find the article about the president creating an oil trading partnership with our friends in South America.
Just to brief you on this meeting: One main point made to the president is that consumer spending patterns are changing. People are not utilizing all of the available credit extended to them--either by not taking on new debt or by not maxing out cards.
This pattern has led to 75 percent unused consumer and business credit. "Alarming" was the word used to describe this emerging pattern. People are paying balances down and future extensions of credit are being recinded as lenders are becoming more conservative with the lower-middle class or the working class. It was determined by the advisory group that lower middle class consumers should have more access to credit.
Fourth quarter 2009 credit card write-offs were at 10 percent. A write-off is when credit card balances are left unpaid and companies write-them off at the end of the fiscal year as a loss. By the end of 2009 they had fallen to 7.5 percent and by January 2010 write-offs fell to 3.8 percent, which is normal for the credit industry.
Overall the credit industry is described as "bright." Some people spend to save and some spend to pay down debt.
Online spending is impacting traditional retail sales. Even with traditional retailers, the online spending is the biggest growth for them.
This advisory group reports to the president and was formed two years ago.
Feel free to view the video to find out more about how business and retail sales are affecting the U.S. economy. This is clarity in government at it's best.