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| "They're Between a Rock and a Hard Place:" Democrats Divided on Economy; Grim Unemployment Figures Suggest Need for Second Stimulus, But Their First Free-Spending Ineffectual Non-Stimulus Leaves the Nation Already BankruptWhich is why it was important, if it were to be done at all, to do it right the first time, and use the stimulus on real, genuine stimulus, such as cutting payroll taxes for a year. As I argued back then:For the cost of Obama's $1.2 trillion "stimulus," we could give employers a 2 1/2 year payroll tax holiday. Encouraging them to hire new workers by reducing their actual costs. Over 2 1/2 years, that's 2.8 million new jobs, based on standard economic assumptions. Nevermind the additional jobs "preserved" (in Obama's weak promise) due to the fact it would now be cheaper to keep staff in place. If this is all about jobs, jobs, jobs, and we want a sharp sudden impact for our dollars, why not consider this route? Alternately... To mollify the public (Hey, why are my employers getting a tax cut and I'm not?!!), one could give employers and employees both a half reduction for 2 1/2 years. Or both a full, complete holiday for 1.25 years.Numbers crunched by Flip. Instead, we have taken the one bullet in our stimulus gun and fired it futilely into the air. We're out of ammo now. Democrats own this abortion. There is absolutely no Republican influence here at all, save the Maine Twins' eleventh-hour fussing over a billion here or there. (The other Senatorial turncoat is now an official Democrat... until he loses in November.) They ignored all advice. They were drunk with power and determined to indulge their nasty little ids and do harmful things just to prove they could do them, like poorly-raised teenagers misbehaving when their parents are called away on business. "I won," Obama explained. Yeah, you won. Past tense. Democrats who control the levers of power in Washington are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill. “We need to be open to whether or not we need further action,” House Majority Leader Steny Hoyer, a Maryland Democrat, told reporters yesterday. Senate Majority Leader Harry Reid of Nevada countered that “there is no showing to me that another stimulus is needed.” President Barack Obama underscored the dilemma by addressing both sides of the argument. In an interview with ABC News yesterday, he said unemployment approaching 10 percent is something “we wrestle with constantly.” He added that spending more borrowed money is “potentially counterproductive.”He then offered his opinion that Tastycakes Butterscotch Krumpets are "potentially delicious when soaked in milk." The split reflects two major challenges facing the Democrats: Record budget deficits that make additional spending much tougher to pass and a 26-year-high unemployment rate of 9.5 percent that is expected to rise to double digits. “They’re between a rock and a hard place,” said Stuart Rothenberg, editor of the Rothenberg Political Report in Washington. The U.S. economy lost 467,000 jobs in June, exceeding economists’ forecasts, while the federal budget deficit is projected by the Congressional Budget Office to top $1.8 trillion this year and $1.4 trillion in fiscal 2010. That’s provoked criticism of the $787 billion stimulus bill passed in February as either wasteful or not large enough.Enjoy the admission contained herein from big-wig Democratic advisor Laura Tyson: Wait, I thought the last one was focused laser-like on infrastructure projects? Apparently, not so much. Tyson concludes her thought nonsensically: The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the bill approved in February was “a bit too small,” said Laura Tyson...The last one didn't focus on infrastructute because it was "too small," or because Pelosi didn't focus it on infrastructure? "Too small" can only mean that infrastructure could not be properly addressed because the money was being spent on other things and infrastucture was not a priority. Because, if the last one had been bigger, apparently we would have gotten around to those infractructure projects. Here's some positive messaging for you: ... The Obama administration may have to stick with that argument, as more spending is unlikely in the face of record deficits, said Stan Collender, a former House and Senate budget analyst. “Adding additional spending or tax cuts right now would be very difficult,” Collender said. He added, however, that if the economy deteriorates, another bill to juice the economy may become possible. “Right now it doesn’t seem to be justified,” said Collender, managing director of Qorvis Communications in Washington. “Come September, it might be.”If the economy gets bad enough, he says, then what would in other circumstances be considered unthinkable becomes quite thinkable. A man who's doomed and dying anyway is less afraid of an extremely dangerous experimental surgery, isn't he? And when is the patient looking like he might die? September, it seems. More on this: Democrats frazzled as "stimulus" fizzles. Five months after Congress approved a massive package of spending and tax cuts aimed at reviving an ailing economy, the jobless rate is still climbing and the White House is scrambling to reassure an anxious public that President Obama’s prescription for economic recovery is on the right track. Yesterday, Obama took time out of his first presidential trip to Moscow to defend the $787 billion stimulus package, arguing that the measure was the right medicine at the right time. “There’s nothing that we would have done differently,” he told ABC News.Stop the tape, as Rush says. His own Vice President admitted "We misread the economy." (Way to stay on-message, Joe!) Bush was castigated for not admitting any errors about a war in which soldiers were (and still are) dying. Stubborn and self-serving, yes, but at least he had the pretext of not wishing to reduce morale to partially justify that. What's Obama got justifying his refusal to admit error? "There’s nothing that we would have done differently." Get that ready for 2010 campaign commercials. Back in Washington, senior Democrats on Capitol Hill were nervously contemplating whether additional government stimulus spending may be needed to pull the nation out of the worst recession since the 1930s. Senior administration officials acknowledged that the effects of the stimulus package have been overshadowed by an unexpectedly sharp drop-off in employment since the measure passed in February. But they reported that only about $100 billion has so far been spent and that as increasingly large sums flow out of Washington, the program is on pace to save or create 600,000 jobs over the next 100 days.Remember how the media always added "It has been x days since George Bush declared the end of major operations in Iraq" every time they ran a story about troops or Iraqi civilians dying? If they are providing "context" like that, then they are required to provide "context" to Obama's claims of "saving or creating jobs," too. Like so: There is no statistically sound basis to verify Obama's claims of "saving" jobs. Furthermore, no president in history has ever sought, nor was ever granted, credit for allegedly "saving" jobs in an economic downturn.Utterly factual, too. I'd add: If such credit for "saved" jobs had been awarded previously, the doomed presidencies of Jimmy Carter and George H.W. Bush, often considered "failures," might have been rescued by such ill-defined and self-serving statistics. All presidents have previously been evaluated, in terms of job-creation performance, only according to the statistically rigorous and verifiable figures of jobs lost and jobs created. Until now there has been no suggestion from anyone of a third category, jobs "saved."But then, I'm a partisan. How's the market reacting to this talk of a second stimulus? Ten week low in the markets. And they're our most commonly cited leading indicator of what the economy will look like six to nine months down the road. Comments1
Quick! More debt!
Posted by: Farmer Joe at July 08, 2009 02:46 PM (z4es9) 2
Fool me once, shame on you. Fool me twice...
Posted by: nickless at July 08, 2009 02:47 PM (MMC8r) 3
My friends ....
Posted by: Senator John McCain at July 08, 2009 02:48 PM (ruzrP) Posted by: Entropy at July 08, 2009 02:48 PM (IsLT6) 5
Absolutely brilliant, Ace. Quitting cigs is enhancing your brain function!
Posted by: dfbaskwill at July 08, 2009 02:49 PM (7Gs5S) 6
His own Vice President admitted "We misread the economy." (Way to stay on-message, Joe!)
This from the people who've been screeching, "THE WORST ECONOMY SINCE HERBERT HOOVER" for the last eight years. Posted by: nightwitch at July 08, 2009 02:50 PM (YVMan) 7
OMG ENTROPY'S GAY?!?!??!
No, just potentially British. Going to the dentist will cure you of that though. Posted by: shibumi at July 08, 2009 02:51 PM (OKZrE) 8
I just posted a CNBC interview with the CEO/chairman of American Express, which basically boiled down to "NO GREEN SHOOTS". It's a bummer but a refreshing change from the Obullshit that we're being fed constantly. I would also like to point out that the VodkaPundit has a most excellent plan to right this ship:
<P>Then how about this lovely VodkaPundit Two-Step Plan: 1. Repeal the Stimulus Package immediately. 2. Declare a payroll deduction tax holiday just as immediately.</P> Posted by: tree hugging sister at July 08, 2009 02:52 PM (RAqf7) 9
OT: Mark Kirk may throw his hat in the ring to challenge for Roland Burris' Senate seat.
http://tinyurl.com/mssft7 Posted by: CUS at July 08, 2009 02:55 PM (wOGfT) 10
He then offered his opinion that Tastycakes Butterscotch Crumpets are "potentially delicious when soaked in milk."
--Ahem, those are Krimpets! Posted by: logprof at July 08, 2009 02:55 PM (tjUml) Posted by: pullin', still aka QSQ at July 08, 2009 02:56 PM (IHbof) 12
Then how about this lovely VodkaPundit Two-Step Plan:
1. Repeal the Stimulus Package immediately. 2. Declare a payroll deduction tax holiday just as immediatelyStrangely enough, I can see the Democrats doing this: 1. Repeating the Stimulus Package immediately. 2. Declare a payroll tax increase just immediately. Posted by: shibumi at July 08, 2009 02:56 PM (OKZrE) 13
This Obama didn't win ...
The Obama that won was a fabrication of lies propelled by the he's our boy man MSM. THAT Obama promised everything better ... economy, health care, non-existent global warming, and a cure for cancer. Instead the Obama we got has quadrupled the debt, given money to his pals in the banks and unions, and expressed utter disdain for our country. He has failed to produce on any unicorn promise. This is NOT the Obama we the 52% knew ... or that won. This is the man behind the mask. Posted by: bill at July 08, 2009 02:56 PM (XzFO1) 14
At least he's not BOOOOOsh! He's NOT Bush!!! He's intelligent!!! He's sexy!!! He's sexily intelligent!!! His wife is beautiful!!! They're not old white people!!! America is the real terrorist!!!! Listen to him read...so eloquent!!!! Bush in an inbred hick born with a silver spoon in his mouth only President because of his family he only went to the right schools because of his family!!!! The world loves us now!!! I want to be European!!!! JOOOOOOSSSSSSSSS!!!! Posted by: Typical Libtard Troll at July 08, 2009 02:56 PM (yUiO3) 15
A democrat controlled congress cutting taxes? You people have lost your ever-loving minds. These fuckers are bankrupting us faster than the too-big-to-fail banks. A liberal only knows what he/she "feels" is right. Common sense be damned.
Posted by: mikeyslaw at July 08, 2009 02:57 PM (QMGr1) 16
I've got a "stimulus package" I'd like to show you, you little Argentinian hottie!
Posted by: Governor Mark Sanford at July 08, 2009 02:58 PM (tjPGL) 17
We're saved!! We're saved!!!
White House officials confirmed that Obama agreed to language supporting a goal of keeping the world's average temperature from rising more than 2 degrees Celsius (3.6 degrees Fahrenheit).
I feel better already. Posted by: TheQuietMan at July 08, 2009 02:58 PM (1Jaio) 18
Ooops, we fucked up.
Posted by: Bizzaro-World Honest-Obama at July 08, 2009 02:58 PM (ZpX2W) 19
There is a ton of bureaucracy associated with the first stimulus. Our school district has over $2.5 million to spend. However, before it can be spent, they have to send a list of things to a federal beancounter for approval. So far, we've only spend dribs and drabs. It ain't stimulating jack.
Posted by: Steve L. at July 08, 2009 02:58 PM (Gkhxf) 20
It's nice to know that come September when I am eating whats left of my mac and cheese boxes, there are new dog parks where we all can hunt our main course for Thanksgiving.
Posted by: Rickshaw Jack at July 08, 2009 02:58 PM (WhjtN) 21
The cure for our current economic crisis is so simple, even I can figure it out. Tax, tort, and regulatory relief! Posted by: BackwardsBoy at July 08, 2009 02:59 PM (ZGhSv) 22
After a few more months of losing 500,000 jobs per month Barry will leave office "to spend more time with my family and write a book about my mother".
Posted by: eman at July 08, 2009 02:59 PM (fpywm) Posted by: Y-not at July 08, 2009 03:00 PM (sey23) 24
I don't understand what the fuss is about? Who says we're out of money? Just order the Treasury to go to 110% on the printing presses. What? The engineers say 110 possible but not recommended? .... Fuck 'em. Tell them to go to 110 on the presses! Posted by: EC at July 08, 2009 03:00 PM (mAhn3) 25
I want to be European!! I hope that's true. When the shit hits the fan, they'll have someplace to go...like the Loyalists during the American Revolution. It's either leave or into a trench cuz they ain't staying here where they can keep spewing their poison. Of course, Europe ain't going to be so hot in a couple of generations. Hmmm. Looks like the lefties aren't going to have a rock to hide under. I hear Mars is nice most of the year... Posted by: jaleach at July 08, 2009 03:00 PM (gHrZU) 26
Ace is 100% right to draw parallels between this failed spending package and Bush's invasion of Iraq. Obama said that the Stimulus "did what it was supposed to do." This is Obama's "Mission Accomplished" moment. And Joe Biden admitted that they miscalculated and were under-informed. This is the admin's "crappy intelligence" moment. The Republicans need to seize on Obama's Stimulus failure and Mission Nothing Accomplished, just like the Democrats did to Bush. Posted by: Tweetswing Plover at July 08, 2009 03:00 PM (GTRHp) 27
White House officials confirmed that Obama agreed to language supporting a goal of keeping the world's average temperature from rising more than 2 degrees Celsius (3.6 degrees Fahrenheit).
How nice for him. Posted by: The Fucking SUN! at July 08, 2009 03:02 PM (z4es9) 28
Obama agreed to language supporting a goal of keeping the world's average temperature from rising more than 2 degrees Celsius (3.6 degrees Fahrenheit). Obama signed a piece of paper that said he would like to keep THE FUCKING EARTH two degrees below what it is right now +2? Well, I just signed a piece of paper on my desk that said my goal is to keep the Earth's temperature from rising 10 degrees Celsius in the next ten years. Damn, I'm good, and I feel so good about myself. Typical lib shit, full of sound and fury, signifying nothing. How does shit like this make them feel bettter??? Posted by: gator at July 08, 2009 03:03 PM (yUiO3) 29
Oh, and Obama is one lucky muthafucka. Crude oil is falling and gas prices are dropping. It's $2.39/gal here in the Boston area. Posted by: Tweetswing Plover at July 08, 2009 03:03 PM (GTRHp) 30
From my perspective here in the rural deep south it's starting to look like the bad old days .
In quite a few of the small towns in my area at least since the Reagan era one got a sense of fairly general optimism . Small businesses doing fairly well, new trucks , cars, and tractors were seen in reasonably good numbers . People hauling boats for recreational fishing trips , hunters and their families frequenting local restaurants during deer and turkey season . I know it's anecdotal but that was the general feeling , American style optimism . Since the ascension of the Chicago messiah though all that positive energy has fuckin' vanished. Another year of this hope and change and my town and several others are going to resemble mill towns circa 1930 . That ain't a good thing , in fact , it's frightening to contemplate . I wish y'all morons the best of luck . Posted by: aubrey at July 08, 2009 03:05 PM (vJZ+j) 31
the democrats designed it so that the stimulus wouldnt kick in until next year. as biden said "we didnt think it was this bad". which means not only are they admitting to lying when they said it was "the worst economy since herbert hoover" for the last several years... it means they intentionally designed the massive stimulus to kick in later. what happens next year? elections. what happens two years after that, (after 3 years of stimulus)? more elections, and obama's 2nd term. the fucksticks didnt care people were losing jobs, losing savings, losing their homes. they cared about getting re-elected. they put their own ambition above the american people. as an aside, this is what got me irritated with people that wanted to crap on palin for resigning. we have far too many politicians and far too few statesmen.
Posted by: A.G. at July 08, 2009 03:05 PM (x7UaP) Posted by: HeatherRadish at July 08, 2009 03:06 PM (NtiET) 33
What's Obama got justifying his refusal to admit error? He's got an ego the size of the deficit he's saddling us with. He'll NEVER admit that he was wrong about anything. #26 - They've already started... http://tinyurl.com/neamhb Posted by: jana at July 08, 2009 03:06 PM (vSRlG) Posted by: leoncaruthers at July 08, 2009 03:07 PM (PH0UW) 35
In before Palin Steele/Poon/Seattle Slough come in and tell us that left-handed lesbian circus performers of certain ethnic backgrounds have never done better than under Obumblenomics.
And I hereby decry myself as racist. Posted by: nickless at July 08, 2009 03:07 PM (MMC8r) 36
This is no accident, comrade. This is a deliberate attempt by the Dems to panic people into agreeing to spend even more money so they can lock in their programs and goals. The original stimulus was deliberately designed NOT to spend too much money this year. IIRC, over 80% of the stimulus money is to be spent in 2010, 11 and 12 - just in time to buy votes for the congressional mid-terms and the next presidential election. Of course, the Dems have majorities in Congress and Congress holds the purse strings - they can do anything they want. They own this mess, its theirs. Posted by: BattleofthePyramids at July 08, 2009 03:08 PM (KfiPM) 37
The other Senatorial turncoat is now an official Democrat... until he loses in November.
I have a sneaking feeling Ace that Arlen won't make it out of the primary. Posted by: David in San Diego at July 08, 2009 03:09 PM (GF+6V) 38
“...a bit too small,” said Laura Tyson...
How too small was it to be off by over 5 million net jobs after just 5 months??? Seriously, how much more would they have had to spend to make their plan work? Perhaps it was so big their heads would have exploded if they even began to know what they were talking about. Posted by: Ray at July 08, 2009 03:09 PM (1OYRM) 39
"And when is the patient looking like he might die? September, it seems."
Maybe September, maybe December, maybe early 2010. Do a little Googling and you'll find snippets of the US State Department issuing directives to our overseas embassies to load up on local currency, enough for a year and also snippets about Goldman Sachs loading up on December 2009 gold. It would suggest that our dollar is fucked. There is some serious shit about to hit the fan and I think the Lightworker and his minions know it. Posted by: theadmiral at July 08, 2009 03:10 PM (zNl33) 40
It's $2.39/gal here in the Boston area.
Posted by: Tweetswing Plover at July 08, 2009 03:03 PM (GTRHp) I bought it this morning for 2 dollahs, twenty nine cents a gallon in Big D. Posted by: mikeyslaw at July 08, 2009 03:11 PM (QMGr1) 41
At some point, one would hope, The "They're a Bunch of Goddamned Idiots" Moment is going arrive. One would hope.
Posted by: Circa (Insert Year Here) at July 08, 2009 03:11 PM (B+qrE) 42
He then offered his opinion that Tastycakes Butterscotch Krumpets are "potentially delicious when soaked in milk."
I disagree with my esteemed colleague from Ewokville. I say the Tastycake Coconut Jr. is delicious when soaked in Val-u-Rite vodka with a sprinkling of hobo. Posted by: MrsPaulsFishSticks at July 08, 2009 03:11 PM (iYbLN) Posted by: Tweetswing Plover at July 08, 2009 03:11 PM (GTRHp) 44
because the money was being spent on other things and infrastucture was not a priority. Those "other things" being Democrat pork-patronage give aways that anyone with a functioning cerebral cortex knew would be useless. The stimulus bill was an abomination, and the GOP better find someone pretty damn quick who will say so in unwavering terms. Posted by: UGAdawg at July 08, 2009 03:11 PM (ev309) 45
People kept saying, "There's an upturn around the corner!" They're not saying that much these days. It looks like we're going to be in the horse latitudes well into 2010 if not beyond, and there's still lots of bad shit waiting to drop. The public-sector pension bomb has yet to explode (but it will, it will); there's still a lot of slack in the housing market; and China has been playing very fast and loose with their own banking system, and some of those tricks are about to explode in their faces like a trick cigar.
My advice? Pay down your debt as much as you possibly can, even if it means scrimping on non-essentials. I think that people have been operating on the assumption until now that this was simply a storm that would pass, but it may be that we're going to be living this way for a good long while. A 12% unemployment rate may become a permanent fixture of the economy, barring some miracle I can't forsee right now. Posted by: Monty at July 08, 2009 03:11 PM (/0a60) 46
We can't possibly know if the stimulus is working because they've barely spent any of the money. The criticism that this was a backloaded bill and won't do anything in the short term was real and the dems ignored this to get a chance to fund their pet projects.
Now that money still hasn't been spent they want another stimulus that would certainly be backloaded, and hence couldn't help anything now either. I'm starting to think I could give the guys 5 one dollar bills in exchange for a c-note by convincing them that 5 is greater than one. Idiots. Posted by: I have a Jalen Rose jersey at July 08, 2009 03:12 PM (4yrb2) 47
Oh OH OH! CALL ON ME! I know!
Why don't we cancel the unspent portion of spendulus, and make it into real stimulus? What do you mean I'M CRAZY!? Posted by: MikeTheMoose at July 08, 2009 03:12 PM (0q2P7) 48
Are you absolutely sure, I mean would you wager your treasure and everything thats dear to you, that Bush won't be blamed for this? You know that the Obamaphants will find a way. Somehow. You know it's true. And Sheriff Joe? Well, you won't be seeing him on the Sunday shows any more. Posted by: SlaveDog at July 08, 2009 03:13 PM (H6Jyg) 49
They're ratcheting up the witch hunt on oil speculators again.
Only a year after they saved us from a global oil shortage too by ratcheting up the price and lowering demand before it exhausted supply. No gratitude I say. Posted by: MikeTheMoose at July 08, 2009 03:15 PM (0q2P7) 50
Economics? Hey, all I know is, Nestle's makes the very best... chooooocolaaate (snap). Posted by: Farfel at July 08, 2009 03:15 PM (SCcgT) 51
Just wait until Weimar levels of inflation kicks in. Then things should get interesting
Posted by: eddiebear at July 08, 2009 03:16 PM (wnU1W) 52
It failed. What's so difficult to understand? As a economic stimulus, it failed miserably. As a pork-laden spending bill, it was a complete success. Posted by: Tweetswing Plover at July 08, 2009 03:17 PM (GTRHp) 53
Dammit! We can't keep up the enchantedness carrying the water for Obama forever!
Posted by: The MSM at July 08, 2009 03:18 PM (wnU1W) Posted by: momma at July 08, 2009 03:18 PM (penCf) 55
30
From my perspective here in the rural deep south it's starting to look like the bad old days .
I'm in suburban Detroit, and the only thing we need to make it the bad old days are lines at the gas station. We have rampant (and I mean rampant) unemployment, house foreclosures, empty commercial buildings and run away inflation. We're totally f*cked here. And yes, we do indeed have a Democrat governor. She wants us to change our economy to focus on building batteries for electric cars. /crawls under desk, weeping. Posted by: shibumi at July 08, 2009 03:18 PM (OKZrE) 56
I would loooooove to see the Democrats 2nd stimulus. Please please please let the Democrats draft a new bill. Posted by: Tweetswing Plover at July 08, 2009 03:19 PM (GTRHp) 57
This fits better here: “It appears that the Republican Party leadership in the Congress has made a decision that they want to deny President Obama success, which means, in my mind, they are rooting against the country, as well,” the powerful House Energy and Commerce Committee chairman told WAMU radio host Diane Rehm on Tuesday morning, promoting his new book, “The Waxman Report.” link at GWP Posted by: momma at July 08, 2009 03:19 PM (penCf) 58
The stimulus money hasn't been spent but unemployment and the market are worse than "anybody" anticipated. Why? Cause people are looking at what the stimulus will do and they're pulling back on investing.
It's not intended to stimulate anything. It's intended to transfer money from the taxpayer to the government. Posted by: tachyonshuggy at July 08, 2009 03:21 PM (TXp3z) 59
How long before Pelosi (the most probable author of StimPack I) gets tossed under the bus?
Myself, I see a scam when I see one. I have three bridges with "Bridge Closed" signs on them in my area. Not one sign of work being performed. Five f*&king months and not one ounce of labor, not one yard of cement or asphalt has been laid or poured. If I was the Chinese gov't holding American debt I'd be on the phone with these deadbeat pretenders arranging terms of repayment. With interest. A whole lot of interest. Posted by: I Am Jack's Raging Bile Duct at July 08, 2009 03:21 PM (8XI4A) 60
Forgive this question if it was asked and answered earlier. Where in the fuck does Obama think he is going to find another trillion dollars for another stimulus on top of cap and trade and helthcare reform? Who are his economic advisors? Why do they get to do drugs like crack and work for the federal government but I can't? Posted by: 12 Inch Middle Finger at July 08, 2009 03:21 PM (n2vBd) 61
It appears that the Republican Party leadership in the Congress has made a decision that they want to deny President Obama success...the powerful House Energy and Commerce Committee chairman told WAMU radio host Diane Rehm on Tuesday morning. I'll take people who don't know the meaning of the word "minority" for 400, Alex.
Posted by: Circa (Insert Year Here) at July 08, 2009 03:22 PM (B+qrE) 62
Rasmussen's Presidential Approval Index is now at -5.
I think it's starting to sink in with the folks now. Posted by: nickless at July 08, 2009 03:23 PM (MMC8r) 63
"And when is the patient looking like he might die? September, it seems."
Maybe September, maybe December, maybe early 2010. Do a little Googling and you'll find snippets of the US State Department issuing directives to our overseas embassies to load up on local currency, enough for a year and also snippets about Goldman Sachs loading up on December 2009 gold. It would suggest that our dollar is fucked. There is some serious shit about to hit the fan and I think the Lightworker and his minions know it. Lets me see my standing . no real liquid assets. 99 % of assets are either tangible or set up in investments primarily in foreign companies. Debt all in US Dollars. Inflate away jerk wads. This dumb, middle class herd animal, saw the train coming and got off the tracks. Posted by: MikeTheMoose at July 08, 2009 03:23 PM (0q2P7) 64
I said back in February: when the Stimulus Act fails, the Democrats will blame the Republicans (Snowe, Collins, and former (R) Specter) for making it too small. Posted by: Tweetswing Plover at July 08, 2009 03:24 PM (GTRHp) 65
Ace,
Didn't you also argue back then: "Help me! Help me! We're going to DIE! Pass the stimulus!!!!" Posted by: Christoph at July 08, 2009 03:24 PM (uYL8F) 66
Forgive this question if it was asked and answered earlier. Where in
the fuck does Obama think he is going to find another trillion dollars
for another stimulus on top of cap and trade and helthcare reform?
Find it? I don't understand. All he has to do is sign the paper. Posted by: Obamaniac at July 08, 2009 03:24 PM (z4es9) Posted by: Tweetswing Plover at July 08, 2009 03:25 PM (GTRHp) Posted by: Tweetswing Plover at July 08, 2009 03:26 PM (GTRHp) 69
Christoph, Ace never argued for the porkulus. He did argue for TARP, but never "ARRA".
Posted by: leoncaruthers at July 08, 2009 03:28 PM (PH0UW) 70
The U.S. should consider drafting a second stimulus package focusing on infrastructure projects Um, there is nothing, that would be not one single thing, preventing the Democrats from re-writing the law to release a bunch of funds immediately for infratstructure projects. These people are so dishonest it is almost as if they have to lie in order to get elected or something... Posted by: Jay at July 08, 2009 03:29 PM (/ZX77) 71
What is interesting is that Europe is making noise about cutting taxes to stimulate the economy. Further, green shoots are appearing in other parts of the world. I read recently that the businesses that are seeing some growth are those that are concentrating on international opportunities. From my anecdotal position as a small business person, this certainly seems true as I have two international contracts pending.
The US has done exactly the opposite of what was needed in order to spur growth. I suppose the good news is that we have learned a valuable lesson in six months. If a second stimulus is passed, I guess we won't learn that lesson for another decade. I just hope we don't need WWIII to get us out of the second Great Depression. Posted by: Big Daddy at July 08, 2009 03:29 PM (Oinvr) 72
Is the goal to destroy the US economy? Then I would have to agree, we need one more bomb. Make it bigger.
Posted by: t-bird at July 08, 2009 03:29 PM (FcR7P) 73
I sent angry letters to both my Senators concerning the bullshit "stimulus" bill, that the asswipes didn't even bother to read prior to voting on . Everything I told them would happen has happened, but any idiot with two synapses could have predicted that. I hope they are beaten to a pulp with that bill when election time rolls around. Won't affect my vote, I never voted for them anyway, they're frigging Democrats *spit*. Posted by: maddogg at July 08, 2009 03:29 PM (OlN4e) 74
"There’s nothing that we would have done differently." Get that ready for 2010 campaign commercials. Posted by ace.
The commercial writes itself. Show video clip of Biden saying "We misread the economy." Next clip is Obama saying "There's nothing that we would have done differently." Hell, make it now and drive that home! Posted by: DCA at July 08, 2009 03:30 PM (B/ptC) 75
"Remember how the media always added "It has been x days since
George Bush declared the end of major operations in Iraq" every time
they ran a story about troops or Iraqi civilians dying."
That dick Olbermann is still ending his worthless program with this sneer every single night six months after Bush left office. Think about that. Posted by: Kensington at July 08, 2009 03:31 PM (ZqTlA) 76
Another trillion of unfundable spending being considered, long-term interest rates, stocks and private employment hardest hit. Die capitalist infrastructure, die!
Posted by: Ray at July 08, 2009 03:33 PM (1OYRM) 77
Shibumi , maybe you can pick up some stalking tips from that urban hunter dude . I think he's in Detroit too.
Posted by: aubrey at July 08, 2009 03:33 PM (vJZ+j) 78
Hey "O"bummer I hear Iran's looking for a new Community Organizer to staple some fliers up.
But remember, Jesus Christ was also a Community Organizer. Posted by: daydreamin at July 08, 2009 03:33 PM (wnU1W) 79
The gasoline isn't working on the raging inferno?
Plan B- switch to kerosene ,and lots of it. The GOP need to do only 2 things- A) Draft non-criminals to run in 2010 and B) Just have 1 slogan- We're not them. Posted by: jjshaka at July 08, 2009 03:34 PM (ix436) 80
You have to wonder if these clowns actually believe themselves. Who can actually be that stupid? If they're not that stupid, they have something else in mind they don't think they can sell for its virtues. Posted by: Richard Aubrey at July 08, 2009 03:35 PM (d0ih6) 81
Obama and his fellow dumbfucks on the left know of only one way to address the crumbling economy: raise taxes and funnel money into their supporter's coffers. Cut spending? No fucking way. Reduce corporate tax rates? No fucking way. Tap our natural resources like all other sane nations? No fucking way. Give small businesses incentives to hire and expand? No fucking way. Stop illegal aliens from bankrupting our hospitals? No fucking way. DNC: We will however consider a Mayan ritual dance that was used to ask the gods for a good harvest. Other than that we're raising taxes on those that still have money. Posted by: The Great Satan™ at July 08, 2009 03:35 PM (knIKF) 82
Since the ascension of the Chicago messiah though all that positive energy has fuckin' vanished Which is exactly the way they want it. When is the last time anyone in a communist country looked happy to you? The jackboot of government on your neck tends to sour your outlook on life... Posted by: Jay at July 08, 2009 03:35 PM (/ZX77) 83
Cut payroll taxes!?! But that would take money away from the government. The problem is that government doesn't have enough money now, you stupid effing conservative idiot.
If you cut taxes, there will be less revenue. It's Economics 101. Instead, we should be raising taxes as high as possible. The higher the taxes, the greater the revenue! Posted by: Democrats, Any of Them at July 08, 2009 03:36 PM (ZqTlA) 84
Cut payroll taxes? In the liberal mind this would only result in making the rich richer. They would contend these evil business owners would just keep the extra money and not hire any additional employees.
Posted by: polynikes at July 08, 2009 03:38 PM (m2CN7) 85
I love how the Libs tell us that the private sector's greedy when it is not even close in comparison to how greedy our politicians are.
It's like a game to these people and at least Jimmy Carter will now be known as the 2nd worst POTUS. Posted by: daydreamin at July 08, 2009 03:40 PM (wnU1W) 86
Where in the fuck does Obama think he is going to find another trillion
dollars for another stimulus on top of cap and trade and helthcare
reform?
He's going to have the Treasury issue new bonds (debt). When no one buys these bonds, he will have the Ben Bernanke at the Fed buy them. And then he will have Bernanke go down to the Fed basements and leave the printing presses on long enough so they can pay for for those bonds. Can you say hyperinflation, 12 Inch Middle Finger? Posted by: David in San Diego at July 08, 2009 03:40 PM (GF+6V) 87
Oh, here is a timely nugget posted at The Corner: James Pethokoukis links to a GAO report that surveyed 16 states and the District of Columbia to see how stimulus funds are being spent. The study found that 90 percent of the stimulus funds spent so far have gone toward bailouts for fiscally irresponsible state governments.
Shocker! Posted by: Jay at July 08, 2009 03:41 PM (/ZX77) 88
James Pethokoukis links to a GAO report that surveyed 16 states and the District of Columbia to see how stimulus funds are being spent. The study found that 90 percent of the stimulus funds spent so far have gone toward bailouts for fiscally irresponsible state governments. Added link to the report
Posted by: Jay at July 08, 2009 03:42 PM (/ZX77) 89
"There’s nothing that we would have done differently."
To admit otherwise would mean gasp! the Republicans were right! And we should have taken a more cautious approach than to load mega tons of money into the worlds largest shotgun then fire it at our supporters. (While they applaud madly) You mean we should have maybe used a more precise weapon and aimed it at the economy!? Clear heresy!! Posted by: MikeTheMoose at July 08, 2009 03:43 PM (0q2P7) Posted by: Extenze Girl at July 08, 2009 03:46 PM (8XI4A) Posted by: hutch1200 at July 08, 2009 03:48 PM (ksQQE) 92
"I won," Obama explained.
Yeah, you won. Past tense. Hey, Barry, you old felching wankerstrap... you know what? You won the economy. It's now officially yours, lock, stock and leaky barrel. Get in it and wear it with pride. With every ounce you can wring out of its stony heart. Posted by: George Orwell at July 08, 2009 03:50 PM (AZGON) 93
Aubrey and Shibumi-
Another scary new feature of BarackAmerica is the plethora of empty storefronts. The "Space Available sale or lease" signs outnumber the leased spaces. I had the misfortune to read a Peggy Noonan column a few weeks back about how "Barack needs to find his sentence", something that sums up his presidency. Well, I nominate "Going out of business, everything must go." Posted by: nightwitch at July 08, 2009 03:50 PM (YVMan) 94
Awesome post, Ace! I love Tastee cakes Butterscotch Krimpets as well as the peanut butter Tandy Cakes. We can't get them out here in Seattle, so I always load up on them when I go home to Phila. I also miss Gibbles and Groff's potato chips. Sigh!
Posted by: runningrn at July 08, 2009 03:52 PM (p9lFf) 95
AoS lifestyle didn't inform you of Kegels?
i expect that the ball weight is on the outside, not the inside, in this case. Posted by: A.G. at July 08, 2009 03:52 PM (x7UaP) 96
A 12% unemployment rate may become a permanent fixture of the economy, barring some miracle I can't forsee right now.
Optimist. Posted by: George Orwell at July 08, 2009 03:53 PM (AZGON) 97
dammit. wrong one.
Posted by: A.G. at July 08, 2009 03:53 PM (x7UaP) 98
93 Nightwitch, right on! I read that stupid Peggy Noonan column. She reminds me of the woman who's husband constantly beats the crap out of her and she refuses to go to the police as she keeps making excuses for his savage behavior. I really use to like her (When Character was King) was a great book. I don't know what happened to her, but she is dead to me now.
Posted by: runningrn at July 08, 2009 03:56 PM (p9lFf) 99
We have nothing to fear from an Obama presidency...
Posted by: Sen John McCain at July 08, 2009 03:56 PM (c2P97) 100
More firearms analogy, 1910 Africa
We see the big assed cape buffalo coming to run us down. We've got two guys a gun and enough shot powder and ball for one shot. Guy A Says SHOOT the buffalo. Guy B Says Shoot over his head and scare him off. Guy B grabs the gun declares "I WON" blows his wad over the buffalo's head and Waits, waits, waits, and when the buffalo's hasn't slowed and is only a few yards off says. 1 "Maybe we'd better reload." and 2 "There’s nothing that I would have done differently." Posted by: MikeTheMoose at July 08, 2009 03:57 PM (0q2P7) 101
Yup, if you think health care is expensive now, just wait until it's free. Like Mark Steyn pointed out today, America is a safety valve for the failed Canadian Health care system. If we go down that slippery slope, we will take 2 countries down.
Posted by: runningrn at July 08, 2009 03:58 PM (p9lFf) 102
I just hope we don't need WWIII to get us out of the second Great Depression. No, I think Civil War II would restore the nation far more than World War III. America's got a cancer, and the only cure is conservative chemotherapy. What would they counter with? Layabout welfare parasites? Women who can't find/hold a man? GLBT Studies Professors? palin steele? Posted by: VJay at July 08, 2009 03:59 PM (gQ+XA) 103
#100
Silly fellow. Everyone knows Barry hates guns. Posted by: George Orwell at July 08, 2009 03:59 PM (AZGON) 104
Report by USA TODAY this morning. "Under pressure to spend stimulus money quickly,many states are using the federal funds for short-term projects and to fill budget gaps rather than spending on long-term improvement, according to a report by congressional investigators."
Posted by: mystry at July 08, 2009 04:00 PM (kmgIE) 105
runningrn at July 08, 2009 03:56 PM (p9lFf)
She reminds me of a turn of the twentieth century French intellectual moaning and weeping about fin-de-siecle, wallowing in the decline and fall of a once great nation Posted by: nightwitch at July 08, 2009 04:03 PM (YVMan) 106
The other Senatorial turncoat is now an official Democrat... until he loses in November.
Unless he loses on 18 May 2010 in the Dem primary. Would he try a Lieberman and run independent? a 3-way race makes a much more interesting campaign. Posted by: I R A Darth Aggie at July 08, 2009 04:04 PM (1hM1d) 107
All those bastards in Washington who voted for that bloated piece of shit 'stimulus' legislation should FALL ON THEIR FUCKING SWORDS.
Posted by: GarandFan at July 08, 2009 04:05 PM (C3okI) 108
You have to wonder if these clowns actually believe themselves. Who can actually be that stupid? Richard Aubrey at July 08, 2009 03:35 PM (d0ih6) 52% of the country, that's who can actually be that stupid. Posted by: mikeyslaw at July 08, 2009 04:05 PM (QMGr1) 109
Democrats who control the levers of power in Washington are divided over whether to push for more deficit spending to end the recession and stem job losses, complicating the possibility of a second stimulus bill.
Yes, indeed. When Bush's tax cuts finally end, and new taxes from crap & trade and ObamaCare kick in, they'll conspire to strangle the recovery in its cradle. Then what, you bunch of cluefrack elitist pricks? suck even more cash out of the credit market? Posted by: I R A Darth Aggie at July 08, 2009 04:07 PM (1hM1d) 110
The other Senatorial turncoat is now an official Democrat... until he loses in November.
He will lose the D primary well before November. Then he's out of the D party. The question is whether he runs as an independent. Posted by: Daryl Herbert at July 08, 2009 04:07 PM (wVHIx) 111
Report by USA TODAY this morning. "Under pressure to spend stimulus
money quickly,many states are using the federal funds for short-term
projects and to fill budget gaps rather than spending on long-term
improvement, according to a report by congressional investigators."
Isn't that Biden's job? Heckuva job there, Joe. Posted by: CUS at July 08, 2009 04:08 PM (wOGfT) 112
OBAMA: Capitalists! I'll tear them apart!
BIDEN: No no, no. GEITHNER: Sir! I have a plan, sir. [later] [chop] [mrrrrrreeeeeeaaaaaaauuuuww] [rumble rumble squeak] THE ECONOMY: ce salaud a fait un stimulus comment? un cadeau? a present! oh, un cadeau. oui oui hurry! wha-? let's go! [rumble rumble squeak] OBAMA: What happens now? GEITHNER: Well, now, uh, Biden, Bernanke, and I wait until nightfall, and then leap out of the stimulus, taking the capitalists by surprise -- not only by surprise, but totally unarmed! OBAMA: Who leaps out? GEITHNER: Uh, Biden, Bernanke, and I. Uh, leap out of the stimulus, uh and uh.... OBAMA: Oh.... GEITHNER: Oh.... Um, l-look, if we built this large second stimulus-- [flying shit] ALL: Run away! Run away! Run away! Run away! Posted by: George Orwell and the Holy Grail at July 08, 2009 04:09 PM (AZGON) 113
O/T: alright Geoff! Just saw your graph on Glenn Beck's show. the judge interviewing art laffer.
Posted by: A.G. at July 08, 2009 04:10 PM (x7UaP) Posted by: DocJ at July 08, 2009 04:11 PM (g8ibn) 115
Posted by: runningrn at July 08, 2009 03:58 PM (p9lFf) just now getting back to you from the other thread, sorry. the last 26.2 i did, other than just practice runs, was White Rock in Dallas. Two Marine Corps with my daughter before that. I'm old and tired now, and run half-marathons. 16 in the last 5 years. Lots of miles during the week, although I am not crazy about running in the burning hell that is Dallas in July and August. My wife makes me take my crackberry with me when I run so when I get heatstroke, I can call her and tell her to bring a gurney.And you? Posted by: mikeyslaw at July 08, 2009 04:12 PM (QMGr1) 116
Life's but a walking shadow, a poor player, that struts and frets his hour upon the stage, and then is heard no more; it is a tale told by an idiot, full of sound and fury, signifying nothing. I have nothing to add. I just like the full quote. It gets abused often. The Bard is my nihilistic guru. Posted by: Jonathon E. at July 08, 2009 04:13 PM (dQdrY) 117
Unless he loses on 18 May 2010 in the Dem primary. Would he try a
Lieberman and run independent? a 3-way race makes a much more
interesting campaign.
PA has a sore loser law that would prevent Arlen from running in the general if he loses in the primary. Posted by: David in San Diego at July 08, 2009 04:21 PM (GF+6V) 118
Posted earlier in the wrong thread. Sorry.
Obama is an idiot. Here's how I can tell. 1. He let Nancy Pelosi waste the "Bush recession" by letting her pass a very expensive stimulus package that provided no general stimulus to the U.S. economy and which increased regulations that will harm all sorts of businesses. Now there is little chance for a 2nd stimulus package and no chance to help the economy come out of the recession before 2010. 2. The Bush tax cuts expire in 2010. Obama is going to preside over the largest tax increase in history and then sign other tax increases into law because that's what the Democrat congress will pass. Democrats believe with all their hearts that taxes are too low. Remember how many people used to not owe any federal taxes? They will be back on the rolls and blaming Obama. 3. Sooner or later Obama will have a big foreign policy blunder that the MSM will have to cover. I'm betting on Venezuela attacking Honduras. Obama of course would do nothing then, except more talk. However, there's what he already said that has encouraged an invasion. When he tries to make peace with fine words alone he will fail and he will be widely seen as having failed. The MSM will cover with great fanfare his every effort to make peace and then blame someone else for every failure but that's not going to be enough to help him. Right now Obama could stop Chavez with a few words but he seems to be too dumb to know what those words are. 4. Obama bailed out GM and Chrysler and gave the UAW control of them. Those companies are still in bankruptcy, still shedding jobs and will not be profitable again for many years if ever. Sure the stockholders got screwed but the unions are soon going to find out how much fun it is running a company that has a negative cash flow. Obama should have stuck his worst enemy with running those companies, not one of his least loyal groups of supporters. Obama and his MSM may be able to fool most of the people most of the time. Most of the time is not all of the time however and once someone sees Obama as an idiot, he has no way to change their mind back. He is, after all, really an idiot. That's why his college transcripts will never be officially released. Obama has some smart people working for him but he's too dumb to shut up and let them program his teleprompter. Posted by: klrtz1 at July 08, 2009 04:24 PM (Q5asM) 119
Unless he loses on 18 May 2010 in the Dem primary. Would he try a Lieberman and run independent?
GOD I HOPE SO Posted by: chemjeff at July 08, 2009 04:24 PM (wy+AE) 120
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nightwitch at July 08, 2009 04:03 PM (YVMan) Awesome analysis on Peggy! You are a true wordsmith--you out-peggyed Peggy! Ha! Posted by: runningrn at July 08, 2009 04:41 PM (p9lFf) 122
The job losses so far have been in the 80:20 range for men:women, yet NOW somehow managed to work their backroom liberal magic and get the stimulus funds biased 60:40 with men, being the greatest job loss segment, getting screwed disproportionately to the actual job losses.
Obviously, the media has yet to give this story much play. Posted by: Purple Avenger at July 08, 2009 04:48 PM (4YLl8) 123
Posted by: mikeyslaw at July 08, 2009 04:12 PM (QMGr1) Mikeyslaw, I don't know how you run in that heat. You are one tough hombre!I don't do well in heat or humidity. I've run maybe 18 or 20 marathons in the last 16 years (kind of lost track). I ran Boston in 2002 which was really cool. My P.R. was my Boston qualifier. I've done NY and Chicago and last year, my husband and I ran Marine Corps. I did a marathon this past May (horrible race) and a half about a month ago. I just signed up for a fall marathon and am doing an overnight relay (Ragnar) at the end of this month. The half is really my favorite distance, so much easier to train for and not the full out sprint a 5k is. I've met some really great people running, and my husband and I belong to an awesome running club. Do you run alone? Posted by: runningrn at July 08, 2009 04:50 PM (p9lFf) 124
You get half an hour with a hooker. You blow your load in three minutes. You just wasted 27 minutes of "whore time". Just putting it in Aos Lifestyle(tm) terms. And Biden too. Posted by: hutch1200 at July 08, 2009 04:53 PM (ksQQE) 125
Focus on infrastructure projects?
LMAO! Another trillion dollar stimulus where seven percent is spent by the end of the year, if they are lucky, and nothing more than that in the snow belt until Spring of 2010. The window is closing fast for the Dems and I wager that that nothing other than a huge tax cut is going to save them in 2010. Posted by: Dusty at July 08, 2009 04:57 PM (fFk/c) 126
So you're saying funding overseas abortions is not considered infrastructure?
Posted by: Darth Daver at July 08, 2009 05:32 PM (lN6u3) 127
I wager that that nothing other than a huge tax cut is going to save them in 2010.
Then they're doomed, because the idea of you spending your money any ole way you want is anathema to them. Posted by: Sort-of-Mad Max at July 08, 2009 05:41 PM (aC0uO) 128
You have to wonder if these clowns actually believe themselves. Who can actually be that stupid? It doesn't matter what they believe, its what their supporters believe. Go to You Tube and type in Obama is gonna pay for my gas. You'll get to see (Florida Obama Supporter 10/30/200 Yeah maybe all his supporters are not like her but there are plenty of people who are still buying his bull shit that its all Bush's fault. Posted by: ADK46er at July 08, 2009 06:09 PM (ZQqba) 129
"More cowbell." Posted by: Barack at July 08, 2009 06:11 PM (kxUpG) 130
Remember how the media always added "It has been x days since George Bush declared the end of major operations in Iraq" every time they ran a story about troops or Iraqi civilians dying? They need to say x jobs lost since the Stimulus passed, in stories about the economy. Posted by: Darth Randall at July 08, 2009 06:13 PM (oLULt) 131
Here's the dumbest part --- thanks to all the enviro bullshit these assholes have been voting in for decades it takes years and years to advance any infrastructure project. 30 years to get approval to build anything people actually need is not uncommon. 5-10 years for boondoggles that won't help anybody anyway is the norm. Ask anybody at your local DOT how long it really takes to get approval. For most projects, the actual construction time is way less than half of the environmental approval time. These assholes all picture themselves as FDR, and thanks to their own bullshit, they can never be FDR, simply because they can't get their own projects through the bullshit system they created. Worse than that -- they are so out of touch they don't even know it. Posted by: jc at July 08, 2009 07:36 PM (i8c5b) 132
A Republican could easily send a message like that-just not the dumb ones that appear to currently be leading the show. as to obama, that economic plan sounded so good when he was talking it through in Bill Ayers' living room. what excuse is there for that David Brooks admired brain trust of economic experts to fall for it? have we heard from Volcker lately? Posted by: ed at July 08, 2009 07:46 PM (PXOGf) 133
just read that Grassley is hunkering down with Baucus and working on a plan to roll the American public, help Democrats and screw taxpayers. of course, that's not how they wrote it up but don't count on the current Republican "pragmatists"
Posted by: ed at July 08, 2009 07:57 PM (PXOGf) 134
"Instead, we have taken the one bullet in our stimulus gun and fired it futilely into the air. at our own damn foot."
This is, of course, evidence that we may need to borrow more bullets. Posted by: Contributor X at July 08, 2009 08:57 PM (+bxIM) 135
borrow bullets ... AND walk with a limp, though Barny could still shoot the other foot.
Posted by: bill at July 08, 2009 09:06 PM (XzFO1) 136
stimulus will never bring unemployment down or end a recession I hope they pass 5 more stimulus we will be so fucked up Jefferson Davis could be elected president
Posted by: pby at July 08, 2009 09:15 PM (vaNxt) 137
These leftist assholes will continue to deflect or redirect blame for the unprecedented catastrophic failure that was Pokulus. History will record this and other wanton and reckless acts by Obama and the Democrats as an attempted suicide. There is no other explanation for the self-destruction that has been wrought by these megalomaniacs. God have mercy on what's left of their souls.
Posted by: Soap MacTavish at July 08, 2009 10:05 PM (/2hGD) 138
...err...Porkulus...
Posted by: Soap MacTavish at July 08, 2009 10:06 PM (/2hGD) 139
If they screwed up this badly when they were confident of what they were doing, can you imagine what they will do now that they're desperate?
Posted by: Snake Oil Baron at July 08, 2009 10:37 PM (VPvZw) 140
i don't really understand why the libs don't get it. look, says i, if you are going to stimulate the economy then you don't do it by giving grant money to research the smell of swine farms. nor do you do it by giving money to some gov program that gives free tattoo removal to former gang members. spending billions on building a bridge is only a temporary job, and furthermore, the money generated by such a job is really a liability and is taking $$ from the private sector. not that obama the moron would understand any of this, but perhaps someone should tell him that it's the private sector that employs most of the people in the country, and if he wants to stimulate the economy he better let them keep more of thier $$$ so they can CREATE JOBS! hello? is this guy a moron or WHAT? could we honestly have a bigger idiot in the white house? his name isn't barack obama, it's bankrupt obama.
moron. Posted by: annak at July 09, 2009 12:53 AM (M4IOE) Posted by: William Hill at July 09, 2009 03:49 AM (bkmM9) 142
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Volker is chewing through his arm to get out of this bed. Buffett has realized that he IS going to be significantly poorer in a few years and is nursing a huge case of buyers remorse. Independents are shit scared of the monster they helped unleash. Thank God we didn;t vote in that Nutjob Sarah Palin. Posted by: Old Texas Turkey at July 09, 2009 11:00 AM (0D4RJ) 145
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