Stimulus spending looms large in midterm contests

Oct 20, 2010 | Posted by: roboblogger | Full story: The Topeka Capital-Journal

A photo of President Barack Obama hangs on the wall in CoraFaye's Cafe, a short walk from the Denver museum where Obama signed into law the most sweeping U.S. economic package in decades in an attempt to put people back to work and end the worst downturn since the Great Depression.

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“i hope we can change this!”

Since: Aug 08

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#1
Oct 20, 2010
 

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"...a short walk from the Denver museum where Obama signed into law the most sweeping U.S. economic package in decades in an attempt to put people back to work and end the worst downturn since the Great Depression."

an attempt that was decried by most of us, and, has failed miserably on EVERY level.

Ya GOTTA love obama coming out last week and saying there is "no such thing as a shovel-ready project"!
HOW do people still support this idiot?????
Sons of Liberty

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#2
Oct 20, 2010
 

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The Democrat housing crises and Democratic socialist policies have CAUSED this downturn and have kept their foot firmly plated on the head of our economy!

A month or two before Obama was elected, people with money took it from the market! They saw what was coming!!

Now with an election looming with a Republican landslide the markets are showing some signs of life!

“Truth to Power!”

Since: Apr 07

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#3
Oct 20, 2010
 

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Where are the Jobs Blobama? YOU LIED!
PooPoo Platter

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#4
Oct 20, 2010
 

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The laughing liberal wrote:
Where are the Jobs Blobama? YOU LIED!
yawn...

You hate President Obama. Everybody has figured that out...
KNOWvember

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#5
Oct 20, 2010
 

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Nothing in life is free. We'll be paying for this and so won't our children.

OUT with ALL democrats in November.

“Truth to Power!”

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#6
Oct 20, 2010
 

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"My economic Stimulus plan will prevent Unemployment from exceeding 8%"
- Broke Obama: Liar/Idiot

“Truth to Power!”

Since: Apr 07

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#7
Oct 20, 2010
 

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PooPoo Platter wrote:
<quoted text>
yawn...
You hate President Obama. Everybody has figured that out...
I don't hate the person, just his results. Ultimately everyone will have to admit, he was an utter Failure by raising Unemployment to 10 10% at least twice and Poverty to 15%.
Nothing to like about Obama's presidency sh*tplate.

“Truth to Power!”

Since: Apr 07

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#8
Oct 20, 2010
 

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How is that African scrotum washing study Obama funded with the stimulus working?

How did that help create jobs here when the instruction on how to wash their genitals was done in Africa?

Hat tip to WT.

“President DOWNGRADE..Ha Ha Ha!”

Since: Sep 09

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#9
Oct 20, 2010
 

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Windmill Farm's Windfall from Taxpayers Represents Nepotism from (D) Carnahans

10/03/2010

In 2005, Tom Carnahan was a lawyer, and his brother was just elected to Congress. In that time, the company Tom Carnahan formed has given over 100,000 to Democrats, including the campaigns of his brother and sister, as well as to Democratic Party PACS that also give to his brother and sister.

Tom Carnahan is on record stating that wind power needs stimulus and subsidies and cap and trade to compete with coal. Quite simply, without the stimulus, cap and trade, and other legislative actions, it's doubtful that Tom Carnahanís wind company would be profitable.

Without the government help and the Carnahan name, the Wind Capital Group would be in a much different financial picture. They would certainly not be giving all that cash to elect Democrats. They wouldn't get cash grants that amount to almost $1.5 million an employee.

Who can doubt this? It's not like Tom is an entrepreneur - he's in an industry business that only exists as a money maker because the Green movement is pushing it.

He steered Millions of taxpayer stimulus funds to his brothers windfarm.

http://www.24thstate.com/2010/10/windmill-far...

“Truth to Power!”

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#10
Oct 20, 2010
 

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Obama's "Recovery Summer" a Punch Line

Bad news follows more bad news

Fed, meeting for last time before an election, moves closer to action

By Jeannine Aversa, The Associated Press
Tuesday, September 21, 2010

Fed concluded that economic growth had slowed over the summer.

Thatís all too clear to the nearly 15 million Americans out of work, some of whom scoffed at news earlier this week that the recession had technically ended in June of last year.

Voters will go to the polls Nov. 2 for midterm elections, and polls have suggested two things:

1- Theyíre worried about the economy more than any other issue.
2- And theyíre ready to punish Democrats.

President Barack Obamaís Democrats are at risk of losing control of the House and perhaps the Senate as well. Both parties agree thereís little the president and his party can do to change votersí attitudes before the election.

Obama acknowledged the economic hardships many Americans are enduring, saying Monday:
"If youíre out of work right now, the only thing that youíre going to be hearing is, when do I get a job? If youíre about to lose your home, all youíre thinking about is, when can I get my home?"

The central bankís statement Tuesday didnít explicitly mention deflation. But it said inflation measures are "somewhat below" whatís desirable for the economy. Some economists have raised fears about a deflationary spiral ? a widespread drop in wages, prices of goods and services and the value of stocks and homes.
"They are more worried about the economy and deflation than I thought they would be," Sung Won Sohn, an economist at the Martin Smith School of Business at California State University, said of Fed officials.

If the economy keeps losing momentum, the Fed will be likelier to act when it meets again, either at its meeting Nov. 2-3 or its last regularly scheduled session of the year on Dec. 14.
If the Fed does act, chairman Ben Bernanke last month indicated a preference to buy large amounts of government debt ? a move to lower rates on mortgages, corporate loans and other debt and get people and businesses to spend more money.

Unconventional steps like that, known in economic circles as "quantitative easing," have helped the Fedís balance sheet balloon to $2.3 trillion, nearly triple its level before the financial crisis.

Even if the Fed made such a move, economists donít think it would help much. Already low interest rates havenít managed to get Americans to spend much more. Companies and people alike have remained cautious as they rebuild their finances and pare debt.

Economic growth slowed in the second quarter, advancing at a pace of just 1.6 per cent, compared with 3.7 per cent growth in the first three months of the year. Growth in the third quarter is expected to be similarly weak. That raises the likelihood that the unemployment rate, already high at 9.6 per cent, could climb even higher in the months ahead.

http://www.chroniclejournal.com/stories_busin...

“Truth to Power!”

Since: Apr 07

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Oct 20, 2010
 

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MSNBC: Dems Received $1 Million In Foreign Donations

MSNBC's Mika Brzezinski points out that amid the White House's attack on the Chamber of Commerce, Democrats have taken in at least $1 million from "political action committees affiliated with foreign companies."

"The big problem is that money no longer has to be disclosed and that is a huge issue. It affects Democrats as well as Republicans. But, the bottom line is that the Republicans are doing it 7-1 better than the Democrats. To that extent, the Democrats are getting clobbered," MSNBC's Andrea Mitchell said defending the tactics against the Chamber.

UPDATE: WH Emails MSNBC Over Reporting Foreign Donations To Democrats

MSNBC's Mika Brzezinski receives an email from the White House only one hour after she reported Democrats have received over $1 million in donations from foreign sources.

Brzezinski tells the audience, verbatim, what the White House emailed to her about the "campaign contributions thing."

http://www.realclearpolitics.com/video/2010/1...

“Truth to Power!”

Since: Apr 07

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#13
Oct 20, 2010
 

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Trillions blown by the Obamacrats and still NO JOBS. Fire them ALL for screwing us and our children with massive debt.
TedsLiver

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#14
Oct 20, 2010
 

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The photo hanging in that cafe is all we got for the stimulus plan.
KNOWvember

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Oct 20, 2010
 

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Just remember Obama failing to mention the 'creator' when discussing the Declaration of Independence.

Obama is not representative of America.

He went to Europe and stated that the US was 'arrogant, derisive and dismissive'

but Obama and Michelle sure don't want to give up their reign and the perks that go with the White House

Obama is undeserving of the presidency, a second term or support by electing more democrats who will, as they have already demonstrated, support his programs in lockstep.

NO to ALL democrats, let's rebalance America.

Since: Sep 08

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#16
Oct 20, 2010
 

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My view is that a non-partisan stimulus package aimed at our
inferstructure would be beneficial and would put
people back to work. However, I do not believe in paying that high union wage, a major reason for the lack of jobs, since companies took their business to other countries. Pay less and put
more people to work. If the President and the unions insist on the union scale, then there should not be any stimulus because it is nothing more than a payback for union votes. Right now we need to do
what is best for America and not what is best for any special interest group.

Since: Sep 08

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Oct 20, 2010
 

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The laughing liberal wrote:
Where are the Jobs Blobama? YOU LIED!
He did not lie. It took years to arrive at this current crisis,
and may take years to cure. I am a registered Republican and don't
expect miracles, even from my party. If the Republicans regain
control they will be in the same funk as the dems. Thank you Barney
and friends.
scout

Albany, CA

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#18
Oct 20, 2010
 

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'stimulus' defined: taxpayer rip off and corporation welfare.

Same old.
scout

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#19
Oct 20, 2010
 

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'stimulus' is Orwellian for Marxism.
Phil McCracken

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#20
Oct 20, 2010
 
Here is some edumacation for you all libtards out there that were hell bent against the bank bailouts:

Oct. 20 (Bloomberg)-- The U.S. governmentís bailout of financial firms through the Troubled Asset Relief Program provided taxpayers with higher returns than yields paid on 30- year Treasury bonds -- enough money to fund the Securities and Exchange Commission for the next two decades.

Full article:

http://noir.bloomberg.com/apps/news...
7450 woot

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#21
Oct 20, 2010
 

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PooPoo Platter wrote:
<quoted text>
yawn...
You hate President Obama. Everybody has figured that out...
ll isn't alone

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