Not one republican voted in favor of this economic stimulus bill, but then again, when have the republicans ever been for stimulating the economy, helping Americans, or been in favor of getting things done? I mean, really, even Michelle Malkin is saying the republicans suck ass when it comes to this:
“Since when did it become the Republican Party’s top priority to “get things done?”
Malkin was right for once in her life! Well, isn’t that just special…
Okay, back to this economic stimulus bill. While the republicans are focused on not fixing the economy and who think doing nothing is better (which is what George Bush did and look where it got us) than doing anything at this point, can any of them explain why the market went up when President Obama was talking today about how the bill will most definitely pass today? Huh? The market is dying for some stimulation right now along with the rest of Americans, so I think it’s time for the republicans to continue to be the Do Nothingers, because it will be a sure win for the Democrats in 2010 and so forth! Hell, even Ass Limbo of right wing radio fame is saying he wants Obama to fail, because if Obama does well and the economy starts to get back on track, that means it will most likely hurt the republicans at election time. Well, he’s right! Shocking that Malkin & Limbaugh are right about something in the same week!
Here’s what the economic stimulus bill is made of (from Reuter’s, because I can’t seem to get into the House roll call vote tonight!):
- $358 billion in emergency spending on construction projects and other investments aimed at creating jobs. It also includes a boost in federal investment in education and an expansion of food aid programs.
- $275 billion in temporary tax cuts for workers, tax incentives to produce renewable energy and breaks for builders and other companies that would be allowed to write off current losses against five previous tax years.
- $48 billion to help unemployed people keep their health insurance and to invest in health information technology.
- $46 billion for expanded unemployment benefits and aid to needy families and child support.
- $100 billion that includes money to improve broadband Internet access, invest more in clean energy and energy efficiency. It also has about $87 billion to help states pay increasing Medicaid health insurance costs for the poor.
I can assure you that no where in the bill is the word, “ACORN”, mentioned. The right wingers are just making shit up to keep the wave of made-up anger against President Obama going!
This bill is going to stimulate the economy for those who need it. For those who are single, with no children, and who have wealthy families while themselves are making over $75,000/year and who go to Europe whenever they feel like it, this bill isn’t gonna help ya, because……you don’t need the help! Why the hell should our money go to those in the top tier of our society? We tried that for 8 years and look where it got us? A LOVELY ECONOMIC RECESSION HANGING ON THE EDGE OF A FULL-FLEDGED DEPRESSION!
The neocon republicans in the House & Senate are forgetting that Reagan was the beginning of our country’s economic failure and ole George Bush was the one who drove the final nail in the coffin. Had ole George gone after the oil companies last winter when the price of heating oil went up to $4/gallon, small businesses may have been able to survive! But nope. He didn’t. In fact, the only stimulating and helping George did was for those who didn’t need the help.
DOING SOMETHING TODAY IS BETTER THAN DOING NOTHING AT ALL.
Now, the next move President Obama should make is to bring our troops home from Iraq to save the American taxpayer another $2 BILLION A MONTH. That right there would stimulate a lot!
Obama could have let the Republicans rewrite the whole bill but as long as it was perceived as “Obama’s bill” they would have voted against it as they don’t care to see our nation get back on its feet, but only looking out for the party winning back seats in the next two elections. The GOP who like to make us think that only they are the “Party of Patriotism” wants to see our nation go belly up.
Maybe Obama will learn that you can’t be BI-partisan with such a partisan crowd.
He bent over backwards and gave them what they wanted, and they still voted against him.
President Obama.. please learn this lesson…. you can NEVER trust a Republican. EVER.
Why President Obama thinks he can be bipartisan with the George Bush jackboot licking neocons is beyond me! No one trusts the republiCONS. They are an abomination to our system and will be losing more elections because of it.
It’s great your hit counter is way down and no one except the usual crowd of morons comment here anymore. Nobody cares what you think, Kay. You thought you’d ride on A-Blog’s coat tails but when he found out what a fraud you are you pissed all over him. Now you tie your non-existing status to FDL’s coat tails and no one from there gives a fudge about your blog, what you write and who don’t comment here.
Kay, your voice is like the tree in the forest that falls that no one is around to hear. It doesn’t make a noise and either do you.
“making over $75,000/year”. I thought rich was defined by Obama as $250,000 a year. It’s down to a $75K a year now?
Kay’s wealth envy is showing everyone!
Of course ACORN is in the bill. It’s a Community Development Block Grants (CDBG) program.
spectator.org/archives/2009/01/27/acorns-stimulus
You can put lipstick on the ACORN pig, but its still an ACORN pig.
And yet the idiot above keeps coming here, phucking hilarious!
I have wealthy people/Ablog envy? Bah hahahahahaha! Uh yeah, sure asshole. Say what you want, but Ablog is in the hole and only does well when Assvosis says, “I’m rich, gay, and no one loves me! Whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa! Give me a tissue Tito and $20,000 to make myself feel better! $300 would be nice too!” and as far as the REAL wealthy in this country goes, it appears President Obama is kicking ass and taking names, so my help isn’t needed. Bah hahahahaha! Pay your taxes assholes! Oh wait. You hate America. Nevermind.
Did you know Rachel Maddow reads FireDogLake and has had Jane Hampsher on? Where’s Assvosis? I thought he was the King of the Liberals? Oh wait! No one can stand him anymore except you! Now go suck his dick to make him feel special!
And by the way, how’s your hit counter? Oh wait you don’t have a blog! Well, I suppose I could be like Assvosis and PURCHASE SPAM HITS THROUGH SITEMETER.COM TO MAKE MY BLOG LOOK LIKE IT’S GETTING THOUSANDS OF HITS AN HOUR! Yep, all those “O seconds” hits are purchases spam hits. Awwwwwwwww, poor Assvosis. He’s trying! He really is! He wants to be the Gay Guy of the Internet who everyone throws money at to worship him!
Speaking of worshiping him, you all seemed very pissed at him when he was complaining about not getting $300.00. But you know what will happen with you predictable morons over there? The next time he says, ‘I’m working on Ablog 2.0 and am tying up loose ends and need another $20,000 to do it, can I have some of your money, Poor People Who Read My Blog And Worship Me’? You assholes will! It’s so hysterical to watch. Everyone talks about it when it happens too. We just laugh at you robots. Stooooooooooooooooopid Robots.
I actually have nothing personal against President Obama- I just oppose his stimulus plan in its ‘current’form .
To be quite frank, this is not a situation confined to a ‘ tiny locale’, its across the GLOBE. So, the stimulus packages, in their current form in USA, will not work.
Its now 14 Feb 2008…the dice continues to be rolled, at the expense of ordinary hard working people, jeopardising people in the ‘now’, let alone talk of generational debt.
Just how intelligent are most economists? It would seem, ‘not very’ . Only the world’s dumbest economists would think that ‘the banking sector needs a fix, then everything else will fall into place’. ”Get real” economists : you have a consumer base thats being eroded on a daily basis. Every single person that gets ‘unemployed’ is one less consumer.
So far, some big banks and big corporations are floating on FALSE balance sheets by including any liquidity injections in any form derived from ‘bailouts’…so, even as you scan the economic horizon of the markets, you are fooling yourselves by reading into a falsification, and still pricing ‘that’ in , along with your so called ‘toxic debt’ , that nobody can really put a value on. Its a laugh.
Are not the unemployed of today the investors of yesterday? Are these not ex contributors to society? Don’t they make up ‘consumer spending’ ?
At what point do you cash in on that insurance policy or savings investment if you suddenly can’t meet repayments? How long do ’savings’ really last for the average unemployed person?
Which El Dweebo exactly thought up the ‘bad bank’ idea?? It must be quite a big idea, because the ‘MiniDweebs’ are doing all the spadework to push the word out.
Since the ‘toxic assets’ as most so politely term them, spread across continents and markets , how do you expect to ‘quarantine’them? You ask banks about their investments in the Caymen Islands etc..all that happens is bankers get a bit fidgety, and shrug that off. Transparency ? It has to be hilarious.
Look again carefully, and if your sense of calculating reason is still functioning , you will understand that as any consumer base erodes, so do the markets. No ‘credit flow’ can stop that. Sure, some small businesses etc may qualify for credit lines, but really, would you give a person that is ‘jobless’ , any form of ‘credit’??
Problems and attempted solutions may trickle down from governments , but debt works from the ground up..and its mounting really faster than most can perceive.
..anyone home? Perhaps there’s no real need to close Gitmo..maybe just the inmates need to be redefined. Tea and cake can be served, and thats quite humane. In essence, that’d just save the President a whole lot of work.
I’m not exactly the first person to see the stimulus fail. The mere fact that all those bankers are free men, ensures that the stimulus will fail. I saw someone read a message that someone suggested they all be jailed. Quite the stunning piece of advice to the President
So, they are called in before a senate to give a ‘testimony’ ?? Its interesting and ironic to know the meaning of that word in the present context.
What’s the outcome of such a hearing? Is there any real merit in it at all, except to fool taxpayers and constituents that ’something is being done’ ?
Definition: a solemn statement made under oath.
Its among one of many definitions, but you might get the drift. In today’s society and legality, the general core of the base meanings of words, can dissolve in technicality and context.
How can the stimulus work, if billions evaporate before it even hits the ground?
So, let’s look at things again, in the smallest retrospect of just ‘3 weeks’
You have ’stimulus’ funds passing through the hands of those in part , AND overwhelmingly ‘responsible’ for the economic equivalent of AIDS ( High Investment Vaporization ?? Highly Inventive Volatility?? ) being immunised by ‘bailouts’ – but refuse to indicate how, and where ” investments” are wheeled and dealed…and a
” government website” where taxpayers can go, and see how ‘every cent’ is used’ ?? As with the dreaded disease, its carriers outlive the victims , to inflict maximum damage because even if they know they’re severely ILL, their mentality convinces them that there is no problem.
I heard it said that ‘Transparency’ , means different things to different people , so perhaps the above is one such thing. It smacks of such high accountability but it’s apparently not really too much of a concern in passing an ‘astronomically flawed’ bill. All such concerns obviously mean nothing n the realm of ‘too big to fail’ ..its a virtual melting pot of ‘anything goes’ , even if its taxpayer dollars..give or take a few BILLION here or there..whats the trainsmash?? Its just some dollars that even a generation of taxpayers won’t really recover from.
Its pleasing to note that some economists and strategists see the danger of China holding $ trillions of US goodies in ‘reserves’ , with a rapidly shrinking export base. It makes for quite an explosive clash on issues of ‘ Trade Protectionism’ in the near future.
How do you really slide down the blade of a double-edged sword, in a catch 22 situation without being severely slit?
The stimulus bill, seems to be more about fulfilling a bit of ‘political promise’ rather than holding ANY real regenerative capability. Sure, the tax cuts for 95% may turn a few mesmerised heads for now. The huge talk of all the millions of jobs that will be generated may sound highly appealing today.
Did I hear someone say the ‘toxic assets’ aren’t necessarily ‘toxic’ ?? So, sipping a bit of poison isn’t really dangerous..it could just materialise into an elixir for life on the way down right?? Sorry, perhaps I imagined that out of context. I’m just in the ranks of ordinary people, and not an ‘expert’ , so perhaps my degree of commonsense is actually ludicrous at an ‘economics’ level.
There may be merit in ’stimulus’actually working, if the ground rules are intrinsically ‘correct’.
When the objectivity of good reasoning, is left behind in the wake of slick vocabulary that mesmerises a nation, the perceived light at the end of the tunnel is usually the oncoming train.
http://sites.google.com/site/newenergyworldfirst/