Obama: Stimulus “Has Worked As Intended”...Really?
President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his recovery program has failed to rescue the economy.
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JV-IL
I wasn't trying to offend anyone. I'm truly sorry for your troubles. I'm sure you'd rather be working instead of standing in line. So would a lot of other people. The government needs to stay out of our lives and we would work things out much more intelligently. Good Luck to you.
ImJustSayin
Yes to bankrupt our country. This man is E-V-I-L. He is no patriot, and i fear his plans for our country are to ruin it as we know it. I pray there will be a next election.
cliff
1.9 million job loss and government takeover of the society. JUST LIKE YOU PLANNED!!!
Toomuchspin
Like a charm . . . OK, maybe more like a voodoo doll.
Toomuchspin
Like a charm . . . OK, maybe more like a voodoo doll.
BS Police
The Spinmeister keeps on playing us.
Fred (cs)
It's all about control and has nothing to do with saving our nation.
Dan in FL
AMERICA, at one time was respected for being AMERICA, If DC wants to lower our standards to those of the world, why dont they take the unspent 90% of the "stealfromus" and move DC there, they'll get what they want NOW and the rest of us can get back to "COMMON SENSE" and maybe Ohhh I don't know... " OUR CONSTITUTION"
Joe38369
Dan in Fl - and you know what I find so strange. For years, people from all over the world come here to get away from their country to make a living, to be prosperous. So if the US was so terrible, why do those flock here?
Vietnam Veteran
Joe - They come for a chance at the American dream. That dream is being eroded by this administrations pursuit of capitalism. Small business is at the heart of the American dream and the proposed taxes and regulations are making it harder to start a new business or stay in business.
Vietnam Veteran
Joe - They come here for a chance at the American dream. That dream is being eroded by this administration and it's pursuit for socialism. Small business is at the heart of the American dream and all the proposed taxes and regulations are only hurting small business and job creation.
american 57
Does any one know when Larry Sinclire's book is coming out about him and mischele's husband.
noblinkster
Now we have the possibility of a surtax on those making $350,000+ to help pay for the proposed National Health Care Bill at about the same time this adm suggesting using some of the TARP for small businesses to get loans. Now wouldn't that push some small businesses to and over the $350,000 level therefore........you get the drift!! Always watch for that back door with these jokers!
The Center
It took over a decade of deregulation and unrestrained greed to get this country into the present mess, it will take more than eight months to fix it. If there is to be a second stimulus, it had better be completely focused on creating employment and helping people keep their homes. If the fat-cats on Wall Street get another dime, then we should revolt.
Adam Smith
Bull cr@p. It took two decades of ever-loosening home lending standards to the point that there were no standards at all, leading to a real estate bubble that burst and took down the entire financial system with it.
.
And the same socialist jerks who created that housing bubble (Frank and Weiner, et al) are at it again, demanding lower standards for condominium loans.
Joe38369
The Center - I agree, but the problem is the same people that would not allow for regulation of Fannie and Freddie are the same people that are there now. Pelosi and Barney Frank. The Bush administration (not that I am defending him, he did too much spending also) did try to regulate them, but was stopped by the Senate. http://www.nytimes.com/2003/09/11/business/new-agency-proposed-to-overse... . The same people that wanted pushed for risky loans are still in office. http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-ai.... And snopes confirms this to be true. http://www.snopes.com/politics/business/easescredit.asp .Barney Frank just a few weeks before Fannie and Freddie tanked, said quote "Fannie and Freddie are fundamentally sound", unquote. Okay this guy was supposed to know what was going on. Either he lied, or he has no business being there. So These people are still in office and these people are the ones pushing for stimulus. These people are the people that pushed for risky loans, causing the housing market to tank. Of course there are other factors to the economy, but this was a big factor and one of the main players.
GBaar
JOB GRANTS OR STIMULUS 2.0 (that would actually work, guaranteed)
I've heard the stimulus package is supposedly creating jobs at a cost of $380,000 per job (or whatever ridiculous number it is). Here is a SIMPLE plan that would provide an immediate boost to the economy and instantaneously lower unemployment.
TARP or Stimulus 2.0 would give grants of up to $50,000 to small businesses to hire unemployed workers.
There should be very few strings attached but some would be necessary to prevent abuse.
1) must be a net job increase (can't fire someone to be replaced by job grant)
2) must hire a currently unemployed or underemployed person
3) must pay them equivalent to the grant amount
4) must commit to hire them for one year
The returns on this investment would be instantaneous and numerous.
1) This would immediately take millions off unemployment benefits
2) These newly employed workers would have money to spend to stimulate the economy
3) Decreased home mortgage foreclosures which will help the housing market
4) Decreased crime
5) newly employed would be paying taxes
The Job Grant program could be scaled by business size; i.e. Under 10 employees = 1 grant of up to $50,000. 11-25 employees = 2 grants @ $50,000 each, etc.
Spread the word, get it done!
Joe38369
Does anyone remember this CNN news report? O-s-a-m-a B-i-n L-a-d-e-n says the goal is to bankrupt the US? http://www.cnn.com/2004/WORLD/meast/11/01/binladen.tape/ Makes me wonder? It was not to win the war with us, but the goal to bankrupt us? We are on our way to bankruptcy now. When that happens we are going to be so vulnerable and just think what a-l q-u-e-a-d-a will be able to do to us. The fight might come over to us instead of there.
njjoe
meaning unemployment rising? that`s what he intended?what a DOPE!
AngeV.
I have to admit, watching unemployment numbers rise to these levels is a little unnerving. A second "stimulus," aka spending spree, won't help.
Jade
I guess Charlie Smurf can't take the heat so he got out of the kitchen!
noblinkster
Charlie needed an interpreter!
Joe38369
I guess he is gone. I cannot wait here forever to see if he responds. So hopefully he has read the articles on fact and just choose not to respond, or he will come back later and read them, of which I will never know. Oh well, I got my articles and proof out there.
Joe38369
Vietnam Veteran - you are probably correct. And I probably did valuable research to gather the sites for him to read the proof. But that is Okay, I have the sites handy and ready the next time someone brings of the topic.
Vietnam Veteran
Joe - I don't think Charlie is here to get educated. He comes here to irritate and agitate then moves on to another topic. He is one of several parasites who try to disrupt intelligent conversation.
Rick from Texas
Yeah, I will bet it has worked as he intended, to pay back his supporters.
Chef
This was the plan to help these Liberal dominated state and local governments limping along on more borrowed time. Profit is an alien concept to the federal government. Earn money and not just take it, the feds do not relate to this at all.
Joe38369
Chef, If we get too much into debt, we will not recover and the people will be weak and it will be the perfect opportunity to take total control over everything they can get his hands on.
Chef
Luckily for us the founding fathers put in a couple of checks and balances one of which is the 2nd amendment.
noblinkster
Oh it has worked just the way he wanted. Economic turmoil worsened by increased spending and making government bigger, creating a Nanny State to increase his voter bank and appointing Czars that are responsible only to him with no checks and balances which represents more of a dictatorship than a democracy.
mersey
Why do I think I can hear all of the Liberals saying to themselves now..........."Yeah, that's the ticket!"
a
McCain was not the best choice until Palin walked into the picture. though when i would ask why aren't they voting for McCain they were affraid of Palin running our country. SEE IDOITS WHAT YOU DID BY HA HA HA TRUSTING THIS THUG!!!! WE TRIED TO TELL YOU NUTS!!!
CzarsRUs
Tell us what????
AngeV.
Ha!!! Love it.
AngeV.
Oh moderator - that was supposed to be posted under CzarsRUs' joke. That's what "Reply" is for. :)
mersey
No worries CzarsRUS. You and I are fighting the same battle.
mersey
No worries CzarsRUs.
AngeV.
Yal are a lot of fun. Sorry I side-tracked you with my post above. By the way, the posts today have been very interesting; very fun to read.
CzarsRUs
Sorry Mersey.
mersey
I kind of agree Joe, but I've seen some nasty things posted on here about the Palin children and Palin herself. These were vile words that software should have picked out. Czars, I wasn't being mean or dishonest. I really think Fox uses software most of the time and no actual human is moderating this site.
Joe38369
Mersey, I don't think Fox reads many of the posts, but I do think that the software is set up to pick out curtain words and that is why some post get posted with delay and some times not at all. I am sure when there is heavy traffic and the software picks out curtain words, they cannot read all the posts and then get them back out. So I am careful with words. Even though I never post anything nasty or distasteful, I do think curtain words get picked out, or maybe if you put curtain words down too many times it will pick it up. Just a guess!
CzarsRUs
Why not Mersey...you did.
AngeV.
You mean it's not the new Internet Czar? Ha! Just kidding moderator. You're a peach. :)
mersey
Do you actually think anyone reads these posts? I would seriously doubt it.
Joe38369
Common Charlie, where are you? Read my posts. The posts with facts behind the Mortgage meltdown.
CzarsRUs
maybe he is out surfing???
noblinkster
Oh I think he/she is hitting the sauce just a little too much. Also makes him/her stutter quite frequently!
Joe38369
Who knows?? I hope he does stop back by to read fact and not fiction.
mersey
Nah, charlie don't surf.
Jan in VA
I thought he would have, I see him post every where. I think he likes to get folks riled up by his posts.