Obama promises more than 600,000 stimulus jobs

[happypioneer]

chief22 wrote:

<quoted text>
less government control.
Every problem that we have today can be traced back to a law, statute or government regulation, passed and implimented with nothing but the best of intentions.

I agree!
Henry Kissinger noted: "Every civilization that has ever existed has ultimately collapsed. History is a tale of efforts that failed, or aspirations that weren't realized...So, as a historian, one has to live with a sense of the inevitability of tragedy." - Henry Kissinger, October 13, 1974, p.30B.
And the Bible states at Eccl. 8:9:"Man has dominated man to his injury." This is true even though some governments and rulers have started off with high ideals.

Let me ask you this--what do you think hinders human efforts in the field of government?

[Pittakos]

The laughing liberal wrote:

California’s Nightmare Will Kill Obamanomics:
July 6 (Bloomberg)-- Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger today.
With California mired in a budget crisis, largely the result of a political impasse that makes spending cuts and tax increases impossible, Controller John Chiang said the state planned to issue $3.3 billion in IOU’s in July alone. Instead of cash, those who do business with California will get slips of paper...
...Impeach Obama Now!

Isn't printing IOUs the same as printing money? I thought only the Federal Government could print money.

[Gerry]

Pfluger the Union Monkey wrote:

<quoted text>
Funny how you can somehow link Bush tax cuts (for EVERYONE WHO PAID TAXES, BTW) with capturing Bin Laden (who I note Obama hasn't caught either, despite a huge increase in troops in Af-Pak).
While the deficits grew under Bush, they did not occur as a result of the tax cuts. No, the facts are that until this recession, federal income tax receipts were growing at RECORD LEVELS during Bush's term. He lowered the taxes to counter the 2000-01 recession, which he inherited (but didn't whine about...).
As far as surpluses during the Clinton years, I'd say that the Gingrich Congress led to SPENDING RESTRAINT, and things like "workfare" (which Obama has reversed, btw, with his bogus "stimulus"). But also, it was due to a fast and it turns out now, reckless, downsizing of our military (part of the reason why reserves were necessary in Iraq).
But, the surpluses during the Klintoon years were also fake, since these calculations exclude the spending in the social security and Medicare "trust funds" - the national debt is really the only good way to measure the deficit, and it was increasing during the Clinton years too. But the deficits were smaller, without a doubt. Now, Obama is quadrupling even the largest Bush deficts.

The fact remains we had Bush tax cuts for 8 years and we are back into a recession or near depression. Companies are too big to fail and therefore we bailed them out. Unless of course you want GM to fail, then you have to close down 300 plants. Every year Bush said free trade was good as we lost jobs. How about an answer for that. The Bush tax cuts was borrowed money from other countries. If he wanted a war, then he should have raised a tax and have a draft to have the adequate soldiers. This war was estimated to be as low as 50 billion dollars and now approaching 1 trillion dollars. Again this was a "guns and butter" economics and it never works.

The tax cuts were for the rich as we lost jobs. The tax did not create prosperity. The tax cuts did not sustain economic growth. Bush took the money as the cities and states suffered the loss of jobs.

But like Bush said at the olympics, "America, has no problems." What a joke. And getting Osama Bin Laden we did not have to go to Iraq. So go figure. We have a perfect storm of so many problems hitting us at the same time. We saw them five years ago and nothing was done. Bush was the biggest joke of them all.

[MisterTibbs]

An let me guess moron, the GW Moron Bush website talked about the sacrifice of those American Troops and not once his web site mentioned the number killed because of his lie...

Pfluger the Union Monkey wrote:

<quoted text>
Agreed. But you realize, of course, that ANYTIME Obama/Joey talk numbers, they are just made up. That website is a JOKE!! Numbers with no backup info, yet we do know that unemployment is way beyond where these geniuses said it would top out.
And, two weeks ago, there was news in the WSJ that states should be "flexible" in counting the number of jobs created under Obama's "stimulus" --they are simply making this stuff up to appeal to idiots, and when that doesnt' work, they go back to blaming Bush.
No more "Yes we can!" Now, its "Don't Blame Us!"

[Beavis]

You made me promises promises
Knowing I&#65287;d believe
Promises promises
You knew you&#65287;d never keep......

Obozo. Never made a promise he could keep.

[Illegals are Illegal]

Why are they spending $3.9 Million on road signs, telling people the roadwork is being funded by the stimulus money? I dont care where or how the work is being done just do it. This sound like more wasteful spending.

[Pfluger the Union Monkey]

MisterTibbs wrote:

An let me guess moron, the GW Moron Bush website talked about the sacrifice of those American Troops and not once his web site mentioned the number killed because of his lie...
<quoted text>

LOL. Its hysterical how you can't pin an Obamatron down. They will always change the topic, blame Bush, and bring up something completely unrelated, like the Iraq war, and then make ridiculous statements like Bush lied. LOL. He did not lie.

The intelligence was wrong. The same intelligence that Clinton and foreign leaders verified. It was wrong.

But, this has NOTHING to do with the economic promises that Obama/Joey made, and are now backtracking on.

[Pfluger the Union Monkey]

Gerry wrote:

<quoted text>
The fact remains we had Bush tax cuts for 8 years and we are back into a recession or near depression. Companies are too big to fail and therefore we bailed them out. Unless of course you want GM to fail, then you have to close down 300 plants. Every year Bush said free trade was good as we lost jobs. How about an answer for that. The Bush tax cuts was borrowed money from other countries. If he wanted a war, then he should have raised a tax and have a draft to have the adequate soldiers. This war was estimated to be as low as 50 billion dollars and now approaching 1 trillion dollars. Again this was a "guns and butter" economics and it never works.
The tax cuts were for the rich as we lost jobs. The tax did not create prosperity. The tax cuts did not sustain economic growth. Bush took the money as the cities and states suffered the loss of jobs.
But like Bush said at the olympics, "America, has no problems." What a joke. And getting Osama Bin Laden we did not have to go to Iraq. So go figure. We have a perfect storm of so many problems hitting us at the same time. We saw them five years ago and nothing was done. Bush was the biggest joke of them all.

Until the recession, the employment numbers under Bush were solid. And he too inherited a recession after the 2000 Nasdaq collapse. People forget all about that. Bush inherited a recession, and that was item A on his agenda when he came into office.

The second misconception: federal income tax receipts were pouring in at record levels under Bush since after 2002, AFTER his tax cuts FOR EVERYONE WHO PAID TAXES.

You can look up federal tax receipts, and verify this.

I agree though that after the 2000-01 recession ended, Bush spent money recklessly, and the deficit expanded. There was poor fiscal discipline under Bush.

But under Obama, its a freakin' catastrophe.

[Korean Vet]

Obama wouldn't know a new job if it bit him on the butt. He is now showing his commie stripes. Hold on for falling employment and sky high taxes.

[MisterTibbs]

Your lonely ass life will get you many friends on topix.

Commie stripes?

really, you sounding kinda moronish...

Korean Vet wrote:

Obama wouldn't know a new job if it bit him on the butt. He is now showing his commie stripes. Hold on for falling employment and sky high taxes.

[Social Justice]

Obama forgot to put the negative sign in front of the 600,000

[Gerry]

Pfluger the Union Monkey wrote:

<quoted text>
Until the recession, the employment numbers under Bush were solid. And he too inherited a recession after the 2000 Nasdaq collapse. People forget all about that. Bush inherited a recession, and that was item A on his agenda when he came into office.
The second misconception: federal income tax receipts were pouring in at record levels under Bush since after 2002, AFTER his tax cuts FOR EVERYONE WHO PAID TAXES.
You can look up federal tax receipts, and verify this.
I agree though that after the 2000-01 recession ended, Bush spent money recklessly, and the deficit expanded. There was poor fiscal discipline under Bush.
But under Obama, its a freakin' catastrophe.

You're right. Bush inherited a recession. Normally, you have tax cuts for two years and have the fed lower interest rates to accommodate. The economy recovers and you cut spending when times are good.

That did not happen. Bush used the words stay the course. He did his "guns and butter" economics, the same as LBJ. The tax cuts for 8 years was still borrowed money to drive the economy. The war was borrowed money also. Bush never vetoed a spending bill until the democrats came in. So all Bush did was run up deficits. Trickle down did not trickle down.

The employment numbers were not solid. You cannot run the country on borrowed money. The economy may have looked good, but it was a fake economy. At the same time free trade or globalization is taking away jobs from the middle class. At the same time we had 1 trillion dollars leave our country for the MIddle East. At the same time we neglected our infrastructure. At the same time the cities and states are struggling with the loss of jobs as plants close. At the same time we had a financial system that failed, too much housing, an auto crisis. And we are not preparing ourselves for globalization.

Now this catastrophe under Obama, I do not agree with some of the odd spending. But I do believe we had to bail our GM to prevent another 300 plants from closing. I do believe we had to bail out the banks. The financial system failed. Maybe it was capitalism that failed. This is what happens and it happens every 80 years or so. As the private sector failed, the government was the last resort. You either bail out people or you have a downward depression type spiral. And that is what we do not want to see.

The problems of today took many years to come about and it will take many years to get out of. Again, getting away from failed ideology. You invest in your country, your people, and in the future.

[Pfluger the Union Monkey]

Social Justice wrote:

Obama forgot to put the negative sign in front of the 600,000

If we're really lucky, maybe Obama will defect to Russia and stay there with the other commies. He'll probably be more comfortable in Russia, the home of the czars.

I'd rather be stuck with Joey the Drunkard as President than with Obama the Teleprompter Stooge.

2012 can't get here soon enough...

[Gerry]

Pfluger the Union Monkey wrote:

<quoted text>
Funny how you can somehow link Bush tax cuts (for EVERYONE WHO PAID TAXES, BTW) with capturing Bin Laden (who I note Obama hasn't caught either, despite a huge increase in troops in Af-Pak).
While the deficits grew under Bush, they did not occur as a result of the tax cuts. No, the facts are that until this recession, federal income tax receipts were growing at RECORD LEVELS during Bush's term. He lowered the taxes to counter the 2000-01 recession, which he inherited (but didn't whine about...).
As far as surpluses during the Clinton years, I'd say that the Gingrich Congress led to SPENDING RESTRAINT, and things like "workfare" (which Obama has reversed, btw, with his bogus "stimulus"). But also, it was due to a fast and it turns out now, reckless, downsizing of our military (part of the reason why reserves were necessary in Iraq).
But, the surpluses during the Klintoon years were also fake, since these calculations exclude the spending in the social security and Medicare "trust funds" - the national debt is really the only good way to measure the deficit, and it was increasing during the Clinton years too. But the deficits were smaller, without a doubt. Now, Obama is quadrupling even the largest Bush deficts.

You say, "capturing Bin Laden (who I note Obama hasn't caught either, despite a huge increase in troops in Af-Pak)."

Now isn't this nutty. Bush had 7 years to get Osama Bin Laden and he went by way of Iraq to get him and without enough troops. The whole Middle East is a mess. And you are blaming Obama on the situation in Afghanistan and Pakistan? Right. For over 3 years Bush was saying "we are winning the war on terror" even though we were losing the war. It is very hard to fix the messes that has happened. There are years of damage by Bush. So anyone would have a tough time in the MIddle East today.

And you say "While the deficits grew under Bush, they did not occur as a result of the tax cuts." Again, the tax cuts were based on borrowed money. That was the butter our of the "guns and butter" economics.

And on the social security trust funds. Every president since Reagan has borrowed from them and it needs to stop.

[Pfluger the Union Monkey]

Gerry wrote:

<quoted text>
You say, "capturing Bin Laden (who I note Obama hasn't caught either, despite a huge increase in troops in Af-Pak)."
Now isn't this nutty. Bush had 7 years to get Osama Bin Laden and he went by way of Iraq to get him and without enough troops. The whole Middle East is a mess. And you are blaming Obama on the situation in Afghanistan and Pakistan? Right. For over 3 years Bush was saying "we are winning the war on terror" even though we were losing the war. It is very hard to fix the messes that has happened. There are years of damage by Bush. So anyone would have a tough time in the MIddle East today.
And you say "While the deficits grew under Bush, they did not occur as a result of the tax cuts." Again, the tax cuts were based on borrowed money. That was the butter our of the "guns and butter" economics.
And on the social security trust funds. Every president since Reagan has borrowed from them and it needs to stop.

This Osama capture stuff is a head fake. Bush did not go by way of Iraq. He didn't think OBL was there. Did you?

After the Bush tax cuts, for everyone who pays taxes, the fact is that federal tax receipts came in at record numbers. Right up until the recession. You can look that up.

And, you Obamatrons can repeat the brainless new mantra, "Will take years to fix" forever (I guess that replaces "Yes we can"), but that doesn't make it TRUE.

How can putting us trillions into additional debt "fix" the economy? How? Explain.

You're right on the transfers from the so-called social security trust funds, of course, but on this too, I would note that whatever poor fiscal policies have gone on for a generation are now magnified at least four-fold under Obama's "plan."

[Pfluger the Union Monkey]

Gerry wrote:

<quoted text>
You're right. Bush inherited a recession. Normally, you have tax cuts for two years and have the fed lower interest rates to accommodate. The economy recovers and you cut spending when times are good.
That did not happen. Bush used the words stay the course. He did his "guns and butter" economics, the same as LBJ. The tax cuts for 8 years was still borrowed money to drive the economy. The war was borrowed money also. Bush never vetoed a spending bill until the democrats came in. So all Bush did was run up deficits. Trickle down did not trickle down.
The employment numbers were not solid. You cannot run the country on borrowed money. The economy may have looked good, but it was a fake economy. At the same time free trade or globalization is taking away jobs from the middle class. At the same time we had 1 trillion dollars leave our country for the MIddle East. At the same time we neglected our infrastructure. At the same time the cities and states are struggling with the loss of jobs as plants close. At the same time we had a financial system that failed, too much housing, an auto crisis. And we are not preparing ourselves for globalization.
Now this catastrophe under Obama, I do not agree with some of the odd spending. But I do believe we had to bail our GM to prevent another 300 plants from closing. I do believe we had to bail out the banks. The financial system failed. Maybe it was capitalism that failed. This is what happens and it happens every 80 years or so. As the private sector failed, the government was the last resort. You either bail out people or you have a downward depression type spiral. And that is what we do not want to see.
The problems of today took many years to come about and it will take many years to get out of. Again, getting away from failed ideology. You invest in your country, your people, and in the future.

What failed, mostly, was the lack of sensible regulation regarding mortgage lending (due to Clinton, Barney Frank, Chris Dodd, Andrew Cuomo, and many, many others, from both parties, all with their own political incentives), the deregulation of the financial industry under Clinton/Gramm, which specifically disallowed hedge funds from any type of market regulation, and didn't allow the SEC to regulate derivatives.

Trillions of toxic mortgage backed paper resulted from the phony housing bubble. Obama can't shape economics, and the bubble will have to break before we get back to normal.

What caused this mess is the lack of regulations in the housing and finance industries. It is not a failure of capitalism. It was capitalism run amuck, with Clinton, Bush (and that hack at the SEC, Chris Cox) and others before all sharing in the blame.

And now, Obama will make it much much worse. He is USING this crisis to achieve his political goals. And creating much deeper problems.

[MisterTibbs]

STOP flapping, I make less than 250K and my taxes went up under GW the Moron Bush administration, now if you want to live in a fantasy land go ahead.

Pfluger the Union Monkey wrote:

<quoted text>
This Osama capture stuff is a head fake. Bush did not go by way of Iraq. He didn't think OBL was there. Did you?
After the Bush tax cuts, for everyone who pays taxes, the fact is that federal tax receipts came in at record numbers. Right up until the recession. You can look that up.
And, you Obamatrons can repeat the brainless new mantra, "Will take years to fix" forever (I guess that replaces "Yes we can"), but that doesn't make it TRUE.
How can putting us trillions into additional debt "fix" the economy? How? Explain.
You're right on the transfers from the so-called social security trust funds, of course, but on this too, I would note that whatever poor fiscal policies have gone on for a generation are now magnified at least four-fold under Obama's "plan."

[Gerry]

Pfluger the Union Monkey wrote:

<quoted text>
This Osama capture stuff is a head fake. Bush did not go by way of Iraq. He didn't think OBL was there. Did you?
After the Bush tax cuts, for everyone who pays taxes, the fact is that federal tax receipts came in at record numbers. Right up until the recession. You can look that up.
And, you Obamatrons can repeat the brainless new mantra, "Will take years to fix" forever (I guess that replaces "Yes we can"), but that doesn't make it TRUE.
How can putting us trillions into additional debt "fix" the economy? How? Explain.
You're right on the transfers from the so-called social security trust funds, of course, but on this too, I would note that whatever poor fiscal policies have gone on for a generation are now magnified at least four-fold under Obama's "plan."

Our war was with the Al Qaeda and Taliban in Afghanistan. You can talk to the neocons why we went to Iraq.

I am sure tax receipts went up. But you still have to manage the economy or the country. You cannot sit by with an ideology and expect everything to be okay. Are we energy independent? No. Are we doing anything with globalization? No. Do we have an educated society as we continually lose jobs to cheap labor? No. Have we invested in our future and in our infrastructure? No.

On Obama on fixing the economy. We had bailouts. Nothing else we could do. It prevented a downward economic depression.

To prevent this depression, you cannot do the usual. You have to prop up those that are taking down the economy. We had 8 years of tax cuts. And that was on borrowed money. If the tax cuts were so good, then we should not have recessions. If the tax cuts were so good for 8 years, we should have low unemployment. If the tax cuts were so good, we should have no problems. Unfortunately, we have many problems that were neglected. It will take money of some sort. And it will take more money to solve problems today that should have been done years ago.

As I have said before. In normal recessions, you have tax cuts and the fed to accommodate. We had 8 years of tax cuts and it has been overdone. It was borrowed money. Add to that the fed has lowered interest rates to their lowest levels. They can do no more. So this recession or near depression is unusual as we do not have the leverage to cut taxes or lower interest rates. This is a most difficult situation and will take years to get out of. At the same time we have sent 1 trillion dollars to the Middle East, our jobs went overseas, and our infrastructure was neglected. Add up all the other problems and that is where we are.

We had 8 years of neoconism, laissez-faire, and an ideology that failed.

[Gerry]

Pfluger the Union Monkey wrote:

<quoted text>
What failed, mostly, was the lack of sensible regulation regarding mortgage lending (due to Clinton, Barney Frank, Chris Dodd, Andrew Cuomo, and many, many others, from both parties, all with their own political incentives), the deregulation of the financial industry under Clinton/Gramm, which specifically disallowed hedge funds from any type of market regulation, and didn't allow the SEC to regulate derivatives.
Trillions of toxic mortgage backed paper resulted from the phony housing bubble. Obama can't shape economics, and the bubble will have to break before we get back to normal.
What caused this mess is the lack of regulations in the housing and finance industries. It is not a failure of capitalism. It was capitalism run amuck, with Clinton, Bush (and that hack at the SEC, Chris Cox) and others before all sharing in the blame.
And now, Obama will make it much much worse. He is USING this crisis to achieve his political goals. And creating much deeper problems.

Technically you are correct. The end result is that we are in a recession and almost went into a depression. And the government is the last resort if the private sector cannot deliver. And now you add up all the other problems and you have the perfect storm. But hey, "America has no problems."
http://www.youtube.com/watch...

[HarleyRyder]

Copied from anoher poster:

Subject: H. R. 1388 passed

Whether you are an Obama fan, or not, EVERYONE IN THE U. S. needs to know....
Something happened... H. R. 1388 was passed yesterday, behind our backs. You may want to read about it. It wasn't mentioned on the news... just went by on the ticker tape at the bottom of the CNN screen.

Obama funds $20M in tax payer dollars to immigrate Hamas Refugees to the USA . This is the news that didn't make the headlines...
By executive order, President Barack Obama has ordered the expenditure of $20.3 million in "migration assistance" to the Palestinian refugees and "conflict victims" in Gaza .
The "presidential determination", which allows hundreds of thousands of Palestinians with ties to Hamas to resettle in the United States , was signed on January 27 and appeared in the Federal Register on February 4.
Few on Capitol Hill, or in the media, took note that the order provides a free ticket replete with housing and food allowances to individuals who have displayed their overwhelming support to the Islamic Resistance Movement
(Hamas) in the parliamentary election of January 2006.
Let's review.... itemized list of some of Barack Obama's most recent actions since his inauguration:
His first call to any head of state, as president, was to Mahmoud Abbas, leader of Fatah party in the Palestinian territory.
His first one-on-one television interview with any news organization was with Al Arabia television.
His first executive order was to fund/facilitate abortion(s) not just here within the U. S., but within the world, using U. S. tax payer funds.
He ordered Guantanamo Bay closed and all military trials of detainees halted.
He ordered overseas CIA interrogation centers closed.
He withdrew all charges against the masterminds behind the USS Cole and the "terror attack" on 9/11.
Now we learn that he is allowing hundreds of thousands of Palestinian refuges to move to, and live in, the US at American taxpayer expense.
These important, and insightful, issues are being "lost" in the blinding bail-outs and "stimulation" packages.
Doubtful? To verify this for yourself: http://www.thefederalregister.com/d.p/2009-02 ...
PLEASE PASS THIS ON... AMERICA NEEDS TO KNOW
WE are losing this country at a rapid pace. He is pushing this Socialist Agenda big time..........