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goldrush Member
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Posted: Sat Nov 7th, 2009 12:50 am |
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Razenkn wrote: cindisue_g wrote:
UNEMPLOYMENT RATE HITS 10.2%
UNEMPLOYMENT RATE HITS 10.2 PERCENT, WORST SINCE 1983; EMPLOYERS CUT 190,000 JOBS
How's that HOPE AND CHANGE working for those 10.2%??? Oh, that's right. President Procrastinator signed a bill yesterday to keep them unemployed by extending the unemployment benefits rather than signing legislation to cut taxes that would create jobs and announce a freeze on the irresponsible and reckless spending. The unemployed are exactly where he wants them, under his control. How else is he going to get his massive Gov't TAKE OVER of HC through??  
Everyone knows it's a "jobless recovery". Have hope!
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goldrush Member
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Posted: Fri Nov 6th, 2009 11:46 pm |
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Some levity . . .
Near Fredericksburg, Texas, where there is a large German-speaking population, a farmer walking down a country road notices a man drinking from his pond with his hand.]
The farmer shouted: “Trink das wasser nicht. Die kuhen haben dahin gesheissen.”
Which means: (“Don't drink the water, the cows have sh** in it.”)
I'm from New York and just down here campaigning for Obama's health care plan, I can't understand you. Please speak in English.”
The farmer replied: “Use two hands, you'll get more.”
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Witness Member
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Posted: Fri Nov 6th, 2009 06:48 pm |
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goldrush wrote: Stimulus II . . . in bits and pieces.
Obama will be signing into a law a program to pay existing homeowners $6,500 to purchase another home as long as they have lived in their existing home 5 out of the last 8 years.
Who ever thought this one up deserves a Nobel Prize.
What....didn't he already get one????
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goldrush Member
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Posted: Fri Nov 6th, 2009 06:27 pm |
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Stimulus II . . . in bits and pieces.
Obama will be signing into a law a program to pay existing homeowners $6,500 to purchase another home as long as they have lived in their existing home 5 out of the last 8 years.
Who ever thought this one up deserves a Nobel Prize.
Last edited on Fri Nov 6th, 2009 06:40 pm by goldrush
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designman124 Member

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Posted: Fri Nov 6th, 2009 03:14 pm |
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Razenkn Member

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Posted: Fri Nov 6th, 2009 02:57 pm |
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cindisue_g wrote:
UNEMPLOYMENT RATE HITS 10.2%
UNEMPLOYMENT RATE HITS 10.2 PERCENT, WORST SINCE 1983; EMPLOYERS CUT 190,000 JOBS
How's that HOPE AND CHANGE working for those 10.2%??? Oh, that's right. President Procrastinator signed a bill yesterday to keep them unemployed by extending the unemployment benefits rather than signing legislation to cut taxes that would create jobs and announce a freeze on the irresponsible and reckless spending. The unemployed are exactly where he wants them, under his control. How else is he going to get his massive Gov't TAKE OVER of HC through??  
Last edited on Fri Nov 6th, 2009 02:59 pm by Razenkn
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cindisue_g Member

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Posted: Fri Nov 6th, 2009 01:36 pm |
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UNEMPLOYMENT RATE HITS 10.2%
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designman124 Member

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Posted: Thu Nov 5th, 2009 11:01 pm |
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designman124 Member

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Posted: Wed Nov 4th, 2009 10:23 pm |
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cindisue_g Member

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Posted: Wed Nov 4th, 2009 03:20 pm |
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designman124 wrote: More Fake Stuff
STIMULUS WATCH: Salary raise counted as saved job
By BRETT J. BLACKLEDGE and MATT APUZZO – 6 hours ago
WASHINGTON — President Barack Obama's economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there.
The Georgia nonprofit's inflated job count is among persisting errors in the government's latest effort to measure the effect of the $787 billion stimulus plan despite White House promises last week that the new data would undergo an "extensive review" to root out errors discovered in an earlier report.
About two-thirds of the 14,506 jobs claimed to be saved under one federal office, the Administration for Children and Families at Health and Human Services, actually weren't saved at all, according to a review of the latest data by The Associated Press. Instead, that figure includes more than 9,300 existing employees in hundreds of local agencies who received pay raises and benefits and whose jobs weren't saved.
That type of accounting was found in an earlier AP review of stimulus jobs, which the Obama administration said was misleading because most of the government's job-counting errors were being fixed in the new data.
Why do I get the feeling that when it all comes out in the wash, the only jobs that will have been created are President Obama's highly paid czars!!!
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designman124 Member

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Posted: Wed Nov 4th, 2009 02:46 pm |
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More Fake Stuff
STIMULUS WATCH: Salary raise counted as saved job
By BRETT J. BLACKLEDGE and MATT APUZZO – 6 hours ago
WASHINGTON — President Barack Obama's economic recovery program saved 935 jobs at the Southwest Georgia Community Action Council, an impressive success story for the stimulus plan. Trouble is, only 508 people work there.
The Georgia nonprofit's inflated job count is among persisting errors in the government's latest effort to measure the effect of the $787 billion stimulus plan despite White House promises last week that the new data would undergo an "extensive review" to root out errors discovered in an earlier report.
About two-thirds of the 14,506 jobs claimed to be saved under one federal office, the Administration for Children and Families at Health and Human Services, actually weren't saved at all, according to a review of the latest data by The Associated Press. Instead, that figure includes more than 9,300 existing employees in hundreds of local agencies who received pay raises and benefits and whose jobs weren't saved.
That type of accounting was found in an earlier AP review of stimulus jobs, which the Obama administration said was misleading because most of the government's job-counting errors were being fixed in the new data.
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designman124 Member

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Posted: Mon Nov 2nd, 2009 10:40 pm |
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Razenkn Member

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Posted: Mon Nov 2nd, 2009 09:15 pm |
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Ford surprises with $1B profit; sees profit in 2011
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.
The only auto maker to see a profit is being run by the prviate sector without "help" from the Government. This is proof positive of the free enterprise, free market system. Capitalism works. Socialism places us deeper and deeper in debt and destroys jobs and the economy. 
Last edited on Mon Nov 2nd, 2009 09:16 pm by Razenkn
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designman124 Member

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Posted: Mon Nov 2nd, 2009 03:24 pm |
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designman124 Member

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Posted: Mon Nov 2nd, 2009 01:59 am |
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Posted: Mon Nov 2nd, 2009 12:57 am |
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cindisue_g:
You betcha. It's gone. Another Obama, Biden, Geitner triumph with our money. After what they did to the Chrysler bondholder's claims in that bankruptcy, I'd love to see them try to claim the US Treasury has any standing as a claimant in the CIT bankruptcy. They're just dumb enough to try though.
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cindisue_g Member

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Posted: Sun Nov 1st, 2009 10:51 pm |
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WASHINGTON – Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing to the thousands of mid-sized and small businesses.
Does this mean that the US taxpayers will be out the $2.3 billion dollars they have them???
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designman124 Member

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Posted: Sat Oct 31st, 2009 09:22 pm |
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cindisue_g Member

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Posted: Sat Oct 31st, 2009 03:20 pm |
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Wow, the news actually under estimated what each of the jobs costs US taxpayers created and/or saved by President Obama's stimulus package. The government actually came out (even though many feel that they over estimated the number of jobs) and said that each job actually cost us $93,000 (economists are saying it actually cost US taxpayers between $160,000 and $170,000 per job). Maybe if President Obama would have put together a bi-partisan bill and took the time to put together a well thought plan without earmarks (another promise he made during the campaign - remember, I will go through each and every bill and delete those earmarks) - we might have had a plan that would have created and/or save more jobs at a reasonable cost to the US taxpayers.
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designman124 Member

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Posted: Fri Oct 30th, 2009 04:04 pm |
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designman124 Member

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Posted: Fri Oct 30th, 2009 03:35 pm |
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Stimulus jobs overstated by thousands
Oct 29, 6:35 AM (ET)
By BRETT J. BLACKLEDGE and MATT APUZZO
WASHINGTON (AP) - An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.
The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according to an Associated Press review of a sample of stimulus contracts.
The AP review found some counts were more than 10 times as high as the actual number of jobs; some jobs credited to the stimulus program were counted two and sometimes more than four times; and other jobs were credited to stimulus spending when none was produced.
For example:
- A company working with the Federal Communications Commission reported that stimulus money paid for 4,231 jobs, when about 1,000 were produced.
- A Georgia community college reported creating 280 jobs with recovery money, but none was created from stimulus spending.
- A Florida child care center said its stimulus money saved 129 jobs but used the money on raises for existing employees.
There's no evidence the White House sought to inflate job numbers in the report. But administration officials seized on the 30,000 figure as evidence that the stimulus program was on its way toward fulfilling the president's promise of creating or saving 3.5 million jobs by the end of next year.
The reporting problem could be magnified Friday when a much larger round of reports is expected to show hundreds of thousands of jobs repairing public housing, building schools, repaving highways and keeping teachers on local payrolls.
The White House says it is aware there are problems. In an interview, Ed DeSeve, an Obama adviser helping to oversee the stimulus program, said agencies have been working with businesses that received the money to correct mistakes. Other errors discovered by the public also will be corrected, he said.
"If there's an error that was made, let's get it fixed," DeSeve said.
The White House released a statement early Thursday that it said laid out the "real facts" about how jobs were counted in the stimulus data distributed two weeks ago. It said that had been a test run of a small subset of data that had been subjected only to three days of reviews, that it had already corrected "virtually all" the mistakes identified by the AP and that the discovery of mistakes "does not provide a statistically significant indication of the quality of the full reporting that will come on Friday."
The data partially reviewed by the AP for errors included all the data presently available, representing all known federal contracts awarded to businesses under the stimulus program. The figures being released Friday include different categories of stimulus spending by state governments, housing authorities, nonprofit groups and other organizations.
As of early Thursday, on its recovery.org Web site, the government was still citing 30,383 as the actual number of jobs linked so far to stimulus spending, despite the mistakes the White House has now acknowledged and said were being corrected.
It's not clear just how far off the 30,000 claim was. The AP's review was not an exhaustive accounting of all 9,000 contracts, but homed in on the most obvious cases where there were indications of duplications or misinterpretations.
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designman124 Member

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Posted: Thu Oct 29th, 2009 09:35 pm |
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cindisue_g Member

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Posted: Thu Oct 29th, 2009 04:23 pm |
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| I heard that the jobs that the stimulus package created costs us $63,000 each. Now that makes sense to me - a company hires a person making say $25,000 and US tax payers have to pay $63,000 for that job to be created. Maybe if President Obama would have done what he promised in his campaign for President - reach across the aisle and be bi-partisan - all of our elected officials could have put together a stimulus plan that would have worked.
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designman124 Member

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Posted: Thu Oct 29th, 2009 03:44 pm |
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Stimulus Plan Needs Stimulation
Stimulus plan needs some stimulation: Awarded $157M in fed funds, the city has spent just $1M, and saved only 52 jobs
By CATHERINE LUCEY
Philadelphia Daily News
lMORE THAN six months after President Obama's $787 billion stimulus package was passed into law, the city of Philadelphia has spent less than $1 million in recovery money and retained just 52 jobs.
The data was laid out in a memo sent to Mayor Nutter from Budget Director Steve Agostini, and obtained by the Daily News. Agostini, who was recently assigned to oversee the city stimulus program, also reported that the city's efforts to manage stimulus dollars have been hampered by limited communication between departments.
The news comes as the local unemployment rate continues to climb. The Philadelphia jobless rate hit 10.7 percent in August.
In an interview yesterday, Agostini said that the city has been awarded $157 million so far - that does not include funds awarded to SEPTA, the Philadelphia Housing Authority or other agencies - but about $13.6 million is actually in cash on hand. He said that getting the dollars from the federal government has been a slow process, sometimes taking months, and then there are often further approvals necessary before a project can start.
"I would say that the stimulus program is still getting worked out," said Agostini. "It could work a little faster, and there are some things that could be done that could increase the impact in cities."
But the city's oversight of stimulus applications and spending has also been somewhat bumpy. Responsibility for overseeing grant applications and spending has shifted among several officials before landing with Agostini last month. Plans to hire a dedicated "recovery officer" are indefinitely on hold.
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goldrush Member
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Posted: Wed Oct 28th, 2009 04:31 pm |
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As reported today by the WSJ, GMAC is in discussions with Treasury for a 3rd slug of taxpayer cash in the amount of $2.8 billion to $5.6 billion. They've already rcv'd $12.5 billion - $5.0 billion in December '08 and $7.5 billion in May '09. It looks like they need a cash infusion about every 6 months.

Last edited on Wed Oct 28th, 2009 05:42 pm by goldrush
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designman124 Member

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Posted: Wed Oct 28th, 2009 03:59 pm |
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cindisue_g Member

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Posted: Wed Oct 28th, 2009 02:07 pm |
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| I hear that GMAC is in talks with the Treasury Department to get another bailout - they need $11.5 billion. Hopefully President Obama understands WE DON'T HAVE ANY MONEY!
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Razenkn Member

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Posted: Wed Oct 28th, 2009 12:59 am |
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BigSurprize wrote: Monday, October 26, 2009

Krauthammer's Take [NRO Staff]
On Christina Romer’s statement that the stimulus would have little effect in 2010:
The administration was trying to explain away for months why it spends almost $1 trillion and there is no effect — [with] numbers showing increasing unemployment relentlessly.
So the line was: Well, it's kicking in next year, it will all kick in next year.
And now we get the chief economist at the White House telling us that it's already had its effect and next year it [the stimulus’ effect] will plateau and won't have any effect on unemployment.
And you can only conclude that the stimulus is a bust. There's no other conclusion. If it didn't have its effect this year, and it's not going to have an effect next year, then it had no effect — and we wasted $1 trillion.
On the administration claim that the stimulus saved 600,000 to 1,000,000 jobs:
That is angels on the head of a pin. This idea of saved jobs is completely unempirical. There's no way to show it in any way in any model. It is an invention.
What you do is you look at real numbers. The real numbers show a radical increase in unemployment, and we're told it is going to remain that way….
One thing that we know it did do which is indisputable, it added $1 trillion dollars on our deficit which will have an effect on unemployment in the future because it will increase our debt service.
On former Vice President Cheney’s criticism of Obama’s foreign policy:
The history of this decision [on Afghanistan] is less important than the fact that the president is agonizing in public. A president ought to think long and hard about a strategy about war. There is nothing wrong with that.
But agonizing in public, leaving allies hanging — as we saw in the NATO meeting today, where all the others are waiting to hear what the United States is going to do — leaving the Afghans hanging, leaving everybody in Pakistan hanging … is a mistake.
If you want to have a private consultation, do it, but it's Obama's own strategy and he's responsible, and if he wants a reconsideration, it should be done in quiet …
Whatever the Government runs it consumes, not produces. They consume taxpayer money. Government run AMTRAK....loses $32.00 per passenger. The USPO....as of October are in 7 BILLION dollars in red ink. Now his own financial wizard gives up the farm, WE ARE OUT OF MONEY and the STIMULESS DIDN'T WORK. No surprise. You can't stimulate something with nothing.
Anybody upset over this? You do know it's intentional, right? It's that perfect crisis that Rahmbo refers to as a way to get all the things done that you wouldn't normally get to do, like TRANSFORM AMERICA into a Socialistic European Country with him in Charge. Rahmbo Rocks doesn't he???
The more people they can get on the unemployment role the more desperate they will become for a National Health Care plan otherwise, they don't want any part of it. That is this administration's number one baby, once they have that, they have us, lock, stock and barrel. 
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designman124 Member

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Posted: Tue Oct 27th, 2009 10:31 pm |
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Incredible:
Median home price in Detroit is $7500.
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BigSurprize Member

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Posted: Tue Oct 27th, 2009 03:53 pm |
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Monday, October 26, 2009

Krauthammer's Take [NRO Staff]
On Christina Romer’s statement that the stimulus would have little effect in 2010:
The administration was trying to explain away for months why it spends almost $1 trillion and there is no effect — [with] numbers showing increasing unemployment relentlessly.
So the line was: Well, it's kicking in next year, it will all kick in next year.
And now we get the chief economist at the White House telling us that it's already had its effect and next year it [the stimulus’ effect] will plateau and won't have any effect on unemployment.
And you can only conclude that the stimulus is a bust. There's no other conclusion. If it didn't have its effect this year, and it's not going to have an effect next year, then it had no effect — and we wasted $1 trillion.
On the administration claim that the stimulus saved 600,000 to 1,000,000 jobs:
That is angels on the head of a pin. This idea of saved jobs is completely unempirical. There's no way to show it in any way in any model. It is an invention.
What you do is you look at real numbers. The real numbers show a radical increase in unemployment, and we're told it is going to remain that way….
One thing that we know it did do which is indisputable, it added $1 trillion dollars on our deficit which will have an effect on unemployment in the future because it will increase our debt service.
On former Vice President Cheney’s criticism of Obama’s foreign policy:
The history of this decision [on Afghanistan] is less important than the fact that the president is agonizing in public. A president ought to think long and hard about a strategy about war. There is nothing wrong with that.
But agonizing in public, leaving allies hanging — as we saw in the NATO meeting today, where all the others are waiting to hear what the United States is going to do — leaving the Afghans hanging, leaving everybody in Pakistan hanging … is a mistake.
If you want to have a private consultation, do it, but it's Obama's own strategy and he's responsible, and if he wants a reconsideration, it should be done in quiet …
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designman124 Member

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Posted: Tue Oct 27th, 2009 12:56 am |
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Last edited on Tue Oct 27th, 2009 03:53 am by designman124
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Craig Member

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Posted: Fri Oct 23rd, 2009 12:22 am |
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10% is the new 5%
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callmelou Member

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Posted: Thu Oct 22nd, 2009 11:52 pm |
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azsu wrote: goldrush wrote: callmelou wrote: goldrush wrote: Razenkn wrote: goldrush wrote:
Q. Why does Congress keep extending unemployment benefits?
A. Because the stimulus package isn't creating all the new jobs 'bama promised.
Because the Stimulus only stimulated the government. They knew that, it was the intent and that is why they shoved it through before anyone could read it . . .
Good point! Not one federal government employee has been laid off, had their job eliminated or were put on furlough. It's the only "industry" that has positive employment growth.
After eight years of bush, there is little room for federal employee layoffs...unless you'd like fewer FBI agents to catch terrorists as the one from Colorado; longer tours of duty for US servicemen becuase there are fewer replacements; fewer air traffic controllers which would result in more crashes; less immigration enforcement at the borders; fewer IRS agents to catch tax cheats; less oversight of the financial sector...the point is you can't have it both ways..you can't whine about the gov't not doing it's job while you whine that it's costing too much for the government to do it's job.
We could do with a few less analysts, policy wonks, assistants to assistants, etc. What about some of those “non-essential personnel” that don’t have to report for work when the District gets a couple of inches of snow? Anyone who thinks there’s not some redundancy among a civilian employment force of nearly 3 million needs to . . . .
I can think of a smaller civilian employment force that could use clean up also
...and I can think of posters at, oh, the VA, for example, who do personal stuff on the Federal dime.
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designman124 Member

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Posted: Thu Oct 22nd, 2009 11:03 pm |
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azsu Member

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Posted: Thu Oct 22nd, 2009 10:40 pm |
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goldrush wrote: callmelou wrote: goldrush wrote: Razenkn wrote: goldrush wrote:
Q. Why does Congress keep extending unemployment benefits?
A. Because the stimulus package isn't creating all the new jobs 'bama promised.
Because the Stimulus only stimulated the government. They knew that, it was the intent and that is why they shoved it through before anyone could read it . . .
Good point! Not one federal government employee has been laid off, had their job eliminated or were put on furlough. It's the only "industry" that has positive employment growth.
After eight years of bush, there is little room for federal employee layoffs...unless you'd like fewer FBI agents to catch terrorists as the one from Colorado; longer tours of duty for US servicemen becuase there are fewer replacements; fewer air traffic controllers which would result in more crashes; less immigration enforcement at the borders; fewer IRS agents to catch tax cheats; less oversight of the financial sector...the point is you can't have it both ways..you can't whine about the gov't not doing it's job while you whine that it's costing too much for the government to do it's job.
We could do with a few less analysts, policy wonks, assistants to assistants, etc. What about some of those “non-essential personnel” that don’t have to report for work when the District gets a couple of inches of snow? Anyone who thinks there’s not some redundancy among a civilian employment force of nearly 3 million needs to . . . .
I can think of a smaller civilian employment force that could use clean up also
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goldrush Member
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Posted: Thu Oct 22nd, 2009 10:08 pm |
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callmelou wrote: goldrush wrote: Razenkn wrote: goldrush wrote:
Q. Why does Congress keep extending unemployment benefits?
A. Because the stimulus package isn't creating all the new jobs 'bama promised.
Because the Stimulus only stimulated the government. They knew that, it was the intent and that is why they shoved it through before anyone could read it . . .
Good point! Not one federal government employee has been laid off, had their job eliminated or were put on furlough. It's the only "industry" that has positive employment growth.
After eight years of bush, there is little room for federal employee layoffs...unless you'd like fewer FBI agents to catch terrorists as the one from Colorado; longer tours of duty for US servicemen becuase there are fewer replacements; fewer air traffic controllers which would result in more crashes; less immigration enforcement at the borders; fewer IRS agents to catch tax cheats; less oversight of the financial sector...the point is you can't have it both ways..you can't whine about the gov't not doing it's job while you whine that it's costing too much for the government to do it's job.
We could do with a few less analysts, policy wonks, assistants to assistants, etc. What about some of those “non-essential personnel” that don’t have to report for work when the District gets a couple of inches of snow? Anyone who thinks there’s not some redundancy among a civilian employment force of nearly 3 million needs to . . . .
Last edited on Thu Oct 22nd, 2009 10:10 pm by goldrush
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Razenkn Member

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Posted: Thu Oct 22nd, 2009 03:46 pm |
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Craig wrote: cindisue_g wrote: Unemployment rate 9.8% - the highest in 26 years. Thank you President Obama.
I remember President Obama pushing his stimulus package on us saying it if we pass his pork filled package (without anyone reading it), the unemployment rate would not go over 8%. We are almost at 10% and this does not include those that have given up looking for a job or have taken a part time job because they can't find a full time job - again, thank you Mr. President!
I hear this morning officials are saying that 10% is going to be the new norm. Right on Bro!!!
Remember the good old days when the libs were wringing their hands over how terrible our economy was and how President Bush was "bankrupting" our Country??? Oh yeah and unemployment was at an all time high of 5% (which was the "norm" for the past 8 years). Ahhhh for the the good old days of handwringing...... 

YES WE DO!!!
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designman124 Member

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Posted: Thu Oct 22nd, 2009 03:43 pm |
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cindisue_g wrote: Craig wrote: cindisue_g wrote: Unemployment rate 9.8% - the highest in 26 years. Thank you President Obama.
I remember President Obama pushing his stimulus package on us saying it if we pass his pork filled package (without anyone reading it), the unemployment rate would not go over 8%. We are almost at 10% and this does not include those that have given up looking for a job or have taken a part time job because they can't find a full time job - again, thank you Mr. President!
I hear this morning officials are saying that 10% is going to be the new norm. Right on Bro!!!
And then it will be 12% and then 15% and so on and so on - thank you Mr. President.

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designman124 Member

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Posted: Thu Oct 22nd, 2009 03:39 pm |
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cindisue_g Member

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Posted: Thu Oct 22nd, 2009 03:33 pm |
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Craig wrote: cindisue_g wrote: Unemployment rate 9.8% - the highest in 26 years. Thank you President Obama.
I remember President Obama pushing his stimulus package on us saying it if we pass his pork filled package (without anyone reading it), the unemployment rate would not go over 8%. We are almost at 10% and this does not include those that have given up looking for a job or have taken a part time job because they can't find a full time job - again, thank you Mr. President!
I hear this morning officials are saying that 10% is going to be the new norm. Right on Bro!!!
And then it will be 12% and then 15% and so on and so on - thank you Mr. President.
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Craig Member

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Posted: Thu Oct 22nd, 2009 02:38 pm |
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cindisue_g wrote: Unemployment rate 9.8% - the highest in 26 years. Thank you President Obama.
I remember President Obama pushing his stimulus package on us saying it if we pass his pork filled package (without anyone reading it), the unemployment rate would not go over 8%. We are almost at 10% and this does not include those that have given up looking for a job or have taken a part time job because they can't find a full time job - again, thank you Mr. President!
I hear this morning officials are saying that 10% is going to be the new norm. Right on Bro!!!
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cindisue_g Member

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Posted: Thu Oct 22nd, 2009 02:18 pm |
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Unemployment rate 9.8% - the highest in 26 years. Thank you President Obama.
I remember President Obama pushing his stimulus package on us saying it if we pass his pork filled package (without anyone reading it), the unemployment rate would not go over 8%. We are almost at 10% and this does not include those that have given up looking for a job or have taken a part time job because they can't find a full time job - again, thank you Mr. President!
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Razenkn Member

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Posted: Fri Oct 16th, 2009 04:25 pm |
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There is no "recovery act or reinvestment plan" unless you are speaking of the government itself. Hiring 2,500 more government workers to do what? Nobody is complaining the government isn't doing it's job, we are complaining that all it does is spend taxpayer money and hire more people to do nothing. The so-called stimuless that didn't work was so bad they had to rename it and it still isn't working. It was a massive liberal pay off earmark wish list bill and nobody can prove otherwise. So why would anyone defend such an atrocity?? This administration has TRIPLED our deficit in a short few months and wants to increase it dramatically again. WE ARE OUT OF MONEY to quote someone notsobright because he wants to spend more money we don't have.
Why? 
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callmelou Member

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Posted: Fri Oct 16th, 2009 06:19 am |
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goldrush wrote: Razenkn wrote: goldrush wrote:
Q. Why does Congress keep extending unemployment benefits?
A. Because the stimulus package isn't creating all the new jobs 'bama promised.
Because the Stimulus only stimulated the government. They knew that, it was the intent and that is why they shoved it through before anyone could read it. They are slimy and they are corrupt. Until the American people wake up to that fact, we are going down. The Saul Alinsky way is to get as many people on Welfare and dependent upon government as possible in order to crash the system and keep the crisis and chaos going then they can get things passed they wouldn't be able to otherwise, a direct quote from "Rhambo Emanuel" Chief of Staff to the Prez. They are well on their way.
But even more worrisome is what is going on throughout the World with our dollar and how they are viewing us now, they see us as weak, weak leadership, and in debt and we are. TRILLIONS of dollars in debt. This administration has quadrupled our deficit in less than a year. GOD HELP US because we don't seem to have anyone saying STOP. The World sees this as their chance to become the "Superpower" that Barack Hussein Obama is so eagerly giving away. Very dangerous. 
Good point! Not one federal government employee has been laid off, had their job eliminated or were put on furlough. It's the only "industry" that has positive employment growth.
After eight years of bush, there is little room for federal employee layoffs...unless you'd like fewer FBI agents to catch terrorists as the one from Colorado; longer tours of duty for US servicemen becuase there are fewer replacements; fewer air traffic controllers which would result in more crashes; less immigration enforcement at the borders; fewer IRS agents to catch tax cheats; less oversight of the financial sector...the point is you can't have it both ways..you can't whine about the gov't not doing it's job while you whine that it's costing too much for the government to do it's job.
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goldrush Member
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Posted: Fri Oct 16th, 2009 05:30 am |
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As reported by the WSJ, President Barack Obama made his first visit as president to New Orleans to tout his stimulus and other government programs, but encountered questions both here and in Washington about the effectiveness of his administration's efforts.
The White House had to contend with new reports showing that 30,000 jobs have been directly created or saved by contractors who received money from the $787 billion stimulus package for infrastructure and social programs. The companies reported that they have been awarded about $16 billion, of which $2 billion has been paid out, according to a summary by the Recovery Accountability and Transparency Board, which oversees how the stimulus plan is carried out.
The Obama administration has labored to explain how the job numbers reported by contractors square with a projection from the Council of Economic Advisers that the overall package kept one million jobs in the economy through August that would otherwise have been lost.
Which is it, guys?
Last edited on Fri Oct 16th, 2009 05:35 am by goldrush
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Craig Member

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Posted: Sat Oct 10th, 2009 04:10 am |
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http://www.youtube.com/watch?v=Ccx4cWXHFfU
The best plan to beat the economy...
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goldrush Member
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Posted: Thu Oct 8th, 2009 07:14 pm |
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Razenkn wrote: goldrush wrote:
Q. Why does Congress keep extending unemployment benefits?
A. Because the stimulus package isn't creating all the new jobs 'bama promised.
Because the Stimulus only stimulated the government. They knew that, it was the intent and that is why they shoved it through before anyone could read it. They are slimy and they are corrupt. Until the American people wake up to that fact, we are going down. The Saul Alinsky way is to get as many people on Welfare and dependent upon government as possible in order to crash the system and keep the crisis and chaos going then they can get things passed they wouldn't be able to otherwise, a direct quote from "Rhambo Emanuel" Chief of Staff to the Prez. They are well on their way.
But even more worrisome is what is going on throughout the World with our dollar and how they are viewing us now, they see us as weak, weak leadership, and in debt and we are. TRILLIONS of dollars in debt. This administration has quadrupled our deficit in less than a year. GOD HELP US because we don't seem to have anyone saying STOP. The World sees this as their chance to become the "Superpower" that Barack Hussein Obama is so eagerly giving away. Very dangerous. 
Good point! Not one federal government employee has been laid off, had their job eliminated or were put on furlough. It's the only "industry" that has positive employment growth.Last edited on Thu Oct 8th, 2009 07:15 pm by goldrush
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designman124 Member

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Posted: Thu Oct 8th, 2009 04:02 pm |
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designman124 Member

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Posted: Thu Oct 8th, 2009 05:25 am |
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designman124 Member

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Posted: Thu Oct 8th, 2009 05:20 am |
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