Home | Advertise Online | Archives | Coupons | Marketplace | Newszap Media Kit | Site Feedback | Subscriptions

 Home
 Search       Members   Calendar   Help   Home 
Search by username
Not logged in - Login | Register 
> Arizona Public Forums > Surprise Public Issues Forum > Obama's American Recovery and Reinvestment Plan

Obama's American Recovery and Reinvestment Plan
 
 New Topic   Reply   Print 
AuthorPost
Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Thu Oct 8th, 2009 04:54 am
 Quote  Reply 
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.:shock::cool:

 

 

 

Last edited on Thu Oct 8th, 2009 04:10 pm by Razenkn

goldrush
Member
 

Joined: Mon Sep 4th, 2006
Location:  
Posts: 1403
Status:  Offline
 Posted: Thu Oct 8th, 2009 02:27 am
 Quote  Reply 
 

Q.  Why does Congress keep extending unemployment benefits?

A.  Because the stimulus package isn't creating all the new jobs 'bama promised.

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Sep 7th, 2009 07:20 pm
 Quote  Reply 

Last edited on Mon Sep 7th, 2009 11:24 pm by designman124

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Aug 31st, 2009 04:11 pm
 Quote  Reply 

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Sat Aug 29th, 2009 05:55 pm
 Quote  Reply 
 

Did you know that funds from the StimuLESS bill are being used to give bonuses to Government aides and paying off their student loans?

This was the same administration that the moment Barack Hussein Obama took office he killed funding for education vouchers for the kids in Washington DC to attend charter schools.  Of course all hell broke loose because his daughers were enrolled in an exclusive private school that would have to kick out some less fortunate children by doing that so he forced into extending the voucher program for a short period of time.  Why didn't they use some of the "StimuLESS" money to fund them instead of paying off Government workers who already has an education to stay on in the Government?

Washington DC has been run by corrupt liberals forever and yet they have the worst educational system in the Country.  They spend $15,000 per student whereas the national average is $10,000.  For that only 60% of the students graduate and only 9% will complete college within 5 years of graduating.  Pretty dissmal and yet the newly elected Prez chopped out the only avenue of children to get a better education.  :X:cool:

 

Nacho
Member


Joined: Wed Dec 31st, 2008
Location:  
Posts: 47
Status:  Offline
 Posted: Thu Aug 27th, 2009 05:37 am
 Quote  Reply 
Mamazoyd wrote: Say what you want Raz, the economy was on the way.  Like it or not.  Not my doing nor I assume yours.  I'll be generous here and say a combo of two parties.  One doing and one not standing at attention on his watch.

And guess what Raz:  If the guy I wanted (and you didn't) had gotten voted in as President, my hubby would be without a job.  Pres Obama just happened to save it for the meantime.


The only jobs Obama saved were for his friends.  They're called czars.   


 

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Thu Aug 27th, 2009 03:47 am
 Quote  Reply 
 

I know mama, he's a real luvbug...he will make your life better all the while he is pushing his thumb on your throat forcing you into programs you don't necessarily agree with or want but he will make you like it, need it like a drug because you will be so flummoxed at that point you won't think you will be able to do it on your own.  Welcome to Marxism, Fascism, Communism.

Most clear thinking Americans know better.  They know if the GOV says they can do it better, they will make your life better, they know better than you what to do with your money, they need your money so they can live the high life, so they can have luxury jets, and take trips around the world that you pay for, 1.5 BILLION dollars to improve parks and fund farmers markets (T. Kennedy in the Health reform bill) and tax you until you can't breathe, cut your quality of health care, cut your services, cut medical research and innovation, keep you cornered in a tiny little box of helplessness, then America will no longer be America.

We already give American's who can't fend for themselves a leg up.  Why re-invent the wheel for power?:shock::cool:



 

Last edited on Thu Aug 27th, 2009 03:47 am by Razenkn

Mamazoyd
Member


Joined: Sun Jul 9th, 2006
Location:  
Posts: 2060
Status:  Offline
 Posted: Thu Aug 27th, 2009 03:18 am
 Quote  Reply 
Say what you want Raz, the economy was on the way.  Like it or not.  Not my doing nor I assume yours.  I'll be generous here and say a combo of two parties.  One doing and one not standing at attention on his watch.

And guess what Raz:  If the guy I wanted (and you didn't) had gotten voted in as President, my hubby would be without a job.  Pres Obama just happened to save it for the meantime.

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Thu Aug 27th, 2009 02:37 am
 Quote  Reply 
 

What a good little liberal foot soldier you are mama:shock:.  But, let's face it...during the Bush administration, we weren't having massive layoffs, businesses closing and people afraid to invest.  Life was good.  Until Barney, Chris, Schumer and Waters decided to push their luck with Fannie and Freddie and make sure their corrupt buddies were able to take Millions of dollars from them, Franklin Raines, then when it collapsed because of them stopping any legislation to reform to stop giving people loans they couldn't afford, now they all throw their hands up in the air and say, what??  Me????  I didn't doooooo anything wrong!!!!

During the election year (what a coincidence) gas prices shot through the roof thank you George Soros et al and his hedge funds betting against the US, and the mortgage industry collapsed thanks to the DEMS, up until then we were living high.  DOW at 14,000.  Unemployment at 5% average, Mortgage rates at an all time low.  Come on.  Give some credit where credit is due and blame where it belongs. 

Now BHO marches into office, triples the deficit in a few LONG months, takes over our auto industry, wants to bring on massive government spending programs that WE HAVE NO MONEY for and you are all on here going ...you need to be nice, give him a chance...GIVE ME A FREAKIN' BREAK....he's killing our economy.  What part of that don't you understand?  He's a radical left wing university braniac, pampered minority who has been given every opportunity, GIVEN every opportunity to do better and he still believes we are a flawed Nation, an EVIL nation, a minority HATING nation, and he wants to TRANSFORM us to become a marxist nation that he and his America hating friends and thugs can control.  I get it.  That is why people are angry out there, THANK GOD FOR THEM.;):cool:



 

Last edited on Thu Aug 27th, 2009 02:39 am by Razenkn

Mamazoyd
Member


Joined: Sun Jul 9th, 2006
Location:  
Posts: 2060
Status:  Offline
 Posted: Thu Aug 27th, 2009 02:12 am
 Quote  Reply 
Of course the unemployment numbers are wrong.  I tried telling a friend that when Bush was still in office and things were heading south fast.  "But the unemployment rate is only ..." -- oh really?  Oh yes, she'd say, cause her hubby knew the right formula they use to determine the actual numbers.  I expressed wrong, wrong, and wrong.  What about stay-at-home moms out there desperately trying to find employment?  What about new high school or college graduates?  What about seniors getting bored with being seniors and wanting something more to stimulate their brains?  What about people who'd been on unemployment and had no more benefits left to collect?  What about people who were tired of doing free, free, free and wanted to begin to collect a paycheck like me?  What about all these people?  Are they added in on the "figures"?  Of course they're not! 

That same friend recently decided to tell me how wrong the unemployment figures were (her son lost his job as did mine) and that they were so much worse than what was being advertised.  Oh really I said.  Oh yeah she said.  Hmmm, well, do you remember when Bush was in office and I was trying to tell YOU that?  Oh, but they're so much worse now.  Hmmm. 

Well, life sucks sometimes and when you take a locomotive that is gathering up it's power and speed and is in the process of getting it up to full bore down the track, for a while there is very little that's going to stop that train as it gets up to full speed ahead.
   A Runaway Train that never was accurately depicted and the time has come to begin to get her back into the station.

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Thu Aug 27th, 2009 01:38 am
 Quote  Reply 
Real Unemployment Rate

Real US unemployment rate at 16 pct: Fed official
Aug 26 02:25 PM US/Eastern

The real US unemployment rate is 16 percent if persons who have dropped out of the labor pool and those working less than they would like are counted, a Federal Reserve official said Wednesday.
"If one considers the people who would like a job but have stopped looking -- so-called discouraged workers -- and those who are working fewer hours than they want, the unemployment rate would move from the official 9.4 percent to 16 percent, said Atlanta Fed chief Dennis Lockhart.
He underscored that he was expressing his own views, which did "do not necessarily reflect those of my colleagues on the Federal Open Market Committee," the policy-setting body of the central bank.
Lockhart pointed out in a speech to a chamber of commerce in Chattanooga, Tennessee that those two categories of people are not taken into account in the Labor Department's monthly report on the unemployment rate. The official July jobless rate was 9.4 percent.
Lockhart, who heads the Atlanta, Georgia, division of the Fed, is the first central bank official to acknowledge the depth of unemployment amid the worst US recession since the Great Depression.
Lockhart said the US economy was improving but "still fragile," and the beginning stages of a sluggish recovery were underway.
"My forecast for a slow recovery implies a protracted period of high unemployment," he said, adding that it would be difficult to stimulate jobs through additional public spending.
"Further fiscal stimulus has been mentioned, but the full effects of the first stimulus package are not yet clear, and the concern over adding to the federal deficit and the resulting national debt is warranted," he said.
President Barack Obama's administration has resisted calls for more public spending, arguing that the 787-billion-dollar stimulus passed in February needs time to work its way through the economy.
Lockhart noted that construction and manufacturing had been particularly hard hit in the recession that began in December 2007 and predicted some jobs were gone for good.
Prior to the recession, he said, construction and manufacturing combined accounted for slightly more than 15 percent of employment. But during the recession, their job losses made up more than 40 percent of all US job losses.
"In my view, it is unlikely that we will see a return of jobs lost in certain sectors, such as manufacturing," he said.
"In a similar vein, the recession has been so deep in construction that a reallocation of workers is likely to happen -- even if not permanent."
Payroll employment has fallen by 6.7 million since the recession began. 

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Wed Aug 26th, 2009 11:38 pm
 Quote  Reply 

Craig
Member


Joined: Sat Jan 21st, 2006
Location: Arizona USA
Posts: 3785
Status:  Offline
 Posted: Wed Aug 26th, 2009 09:10 pm
 Quote  Reply 
http://www.youtube.com/watch?v=P5yxFtTwDcc

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Wed Aug 26th, 2009 05:01 pm
 Quote  Reply 
duece wrote: So far, approximately 25% of the $787 billion stimulus has been spent.

Yeah, and a large part of that are the checks they sent out.  Unfortunately, not only did they send checks to dead people, it turns out they sent checks to 4,000 inmates.  Some actually qualified for it because they were on SS during the right period of time but something like 1700 should have never received a check and now they can't get them back.  What a bunch of incompetents.

Sure, let's have them run our health care system....what a really dumb idea.   :shock::cool:

 

Last edited on Wed Aug 26th, 2009 05:02 pm by Razenkn

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Wed Aug 26th, 2009 04:55 pm
 Quote  Reply 

duece
Member
 

Joined: Wed Apr 15th, 2009
Location:  
Posts: 70
Status:  Offline
 Posted: Fri Aug 21st, 2009 12:37 am
 Quote  Reply 
So far, approximately 25% of the $787 billion stimulus has been spent.

Last edited on Fri Aug 21st, 2009 12:38 am by duece

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Thu Aug 20th, 2009 03:54 am
 Quote  Reply 
 

Nah, pepe/BIG Booty, nobody takes you seriously because quite frankly you and mama are so full of KOOL AID you can't walk or talk straight.  We get that.

The bottom line here is we don't need to turn America into a Germany, or a France, or even a Great Britain, HELLO...that is why we moved away and fought the fight to get away from such tyranny and Socialism.  What part doesn't the left get about that? History repeats itself??....Well, not on our watch.  It's been a hard battle to move away from such oppression, why woud anyone in their right mind want to go back there?

GOV run anything, is something to be leery of and maybe do the math...just say NO, HELL NO.:shock::X:cool:

 

 

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Thu Aug 20th, 2009 02:57 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?

Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

Wow.. won't my feller be surprised if he wins..since he's not running I think you're going to write in his name...that's why they call you Big Surprise, among other thangs LOL ..If you'd like, give me a call when you think I'm in Cali..then tell me how I'm in two places at once, mon aimee, I will look forward to hearing your theory on that, LOL....I am afraid you are getting stressed out and delusional...I shall pray for you.  Bon Soir!

I was just think'n the same thing about you, sugar...cuz you've worked so hard to pull this off and still nobody believes you. ;)  BTW, since they have computers in California too...I don't have to explain how you can be in two places at once.  You'll check in with us when the mood strikes...I doubt you'll give us a chance to miss you. ;):P:D
Duh..is that how you say it in Anglais?  PHONE me on my land line, silly surp, since you're positive you know me..So if I answer  you will know I'm not in Cali...and be a nice femme and ask whoever it is you speak with to lunch, after you apologise for bothering her LOL, if you explain that you're a paranoid conservative, perhaps she will understand......and tell her Gino sent you...Au revoir!!!  I wish I was was going to cali...when you call me, invite me, oui? ---but it is still sad you have nothing to say about the subject of the thread, oui?  You would rather sound like a hillbobby, yes?  Whatever make you happy, :D

That's because you'd be hard pressed to find anyone look'n to discuss an issue with you...an old fool pretending to be French with a Chinese accent.   LOL:D 

Bon Jour!!!  i am sorry you are now calling us names, Ms. Surpy, I will not point out that you are still not talking about the thread subject because you proably have no time to read a newspaper nor watch the news, oui?  But you once said you were a nice person but you changed your mind, no?  But be care you do not antagonize a silent poster whom might report you to the webmaster's death panel where somber people would decide your fate about sanctions.  If you get banned, Ms. Surpy, it is for life and they will never let you return and I would miss you....Au revoir for now, mes aimee.  (Ms. Boots tweeted me to wish you a pleasant evening).:D

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Wed Aug 19th, 2009 04:19 pm
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: Duh..is that how you say it in Anglais?  PHONE me on my land line, silly surp, since you're positive you know me..So if I answer  you will know I'm not in Cali...and be a nice femme and ask whoever it is you speak with to lunch, after you apologise for bothering her LOL, if you explain that you're a paranoid conservative, perhaps she will understand......and tell her Gino sent you...Au revoir!!!  I wish I was was going to cali...when you call me, invite me, oui? ---but it is still sad you have nothing to say about the subject of the thread, oui?  You would rather sound like a hillbobby, yes?  Whatever make you happy, :D

That's because you'd be hard pressed to find anyone look'n to discuss an issue with you...an old fool pretending to be French with a Chinese accent.   LOL:D 


ROTFLMAO....what a visual!!!:D:D:cool:

I think someone should tell pepe the reason there is no discussion about the topic is because there is NO Recovery and Reinvestment going on, just higher unemployment and higher deficits than they "expected".  Not much to report there other than they should stop with the farce and give the remaining tax dollars back to us and help clear up some of our crippling debt.:shock::cool:

 

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Wed Aug 19th, 2009 04:11 pm
 Quote  Reply 
cestmoi wrote: Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?

Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

Wow.. won't my feller be surprised if he wins..since he's not running I think you're going to write in his name...that's why they call you Big Surprise, among other thangs LOL ..If you'd like, give me a call when you think I'm in Cali..then tell me how I'm in two places at once, mon aimee, I will look forward to hearing your theory on that, LOL....I am afraid you are getting stressed out and delusional...I shall pray for you.  Bon Soir!

I was just think'n the same thing about you, sugar...cuz you've worked so hard to pull this off and still nobody believes you. ;)  BTW, since they have computers in California too...I don't have to explain how you can be in two places at once.  You'll check in with us when the mood strikes...I doubt you'll give us a chance to miss you. ;):P:D
Duh..is that how you say it in Anglais?  PHONE me on my land line, silly surp, since you're positive you know me..So if I answer  you will know I'm not in Cali...and be a nice femme and ask whoever it is you speak with to lunch, after you apologise for bothering her LOL, if you explain that you're a paranoid conservative, perhaps she will understand......and tell her Gino sent you...Au revoir!!!  I wish I was was going to cali...when you call me, invite me, oui? ---but it is still sad you have nothing to say about the subject of the thread, oui?  You would rather sound like a hillbobby, yes?  Whatever make you happy, :D

That's because you'd be hard pressed to find anyone look'n to discuss an issue with you...an old fool pretending to be French with a Chinese accent.   LOL:D 

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Wed Aug 19th, 2009 07:22 am
 Quote  Reply 
Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?

Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

Wow.. won't my feller be surprised if he wins..since he's not running I think you're going to write in his name...that's why they call you Big Surprise, among other thangs LOL ..If you'd like, give me a call when you think I'm in Cali..then tell me how I'm in two places at once, mon aimee, I will look forward to hearing your theory on that, LOL....I am afraid you are getting stressed out and delusional...I shall pray for you.  Bon Soir!

I was just think'n the same thing about you, sugar...cuz you've worked so hard to pull this off and still nobody believes you. ;)  BTW, since they have computers in California too...I don't have to explain how you can be in two places at once.  You'll check in with us when the mood strikes...I doubt you'll give us a chance to miss you. ;):P:D
Duh..is that how you say it in Anglais?  PHONE me on my land line, silly surp, since you're positive you know me..So if I answer  you will know I'm not in Cali...and be a nice femme and ask whoever it is you speak with to lunch, after you apologise for bothering her LOL, if you explain that you're a paranoid conservative, perhaps she will understand......and tell her Gino sent you...Au revoir!!!  I wish I was was going to cali...when you call me, invite me, oui? ---but it is still sad you have nothing to say about the subject of the thread, oui?  You would rather sound like a hillbobby, yes?  Whatever make you happy, :D

Last edited on Wed Aug 19th, 2009 07:24 am by

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Wed Aug 19th, 2009 07:13 am
 Quote  Reply 
cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?


Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

Wow.. won't my feller be surprised if he wins..since he's not running I think you're going to write in his name...that's why they call you Big Surprise, among other thangs LOL ..If you'd like, give me a call when you think I'm in Cali..then tell me how I'm in two places at once, mon aimee, I will look forward to hearing your theory on that, LOL....I am afraid you are getting stressed out and delusional...I shall pray for you.  Bon Soir!

I was just think'n the same thing about you, sugar...cuz you've worked so hard to pull this off and still nobody believes you. ;)  BTW, since they have computers in California too...I don't have to explain how you can be in two places at once.  You'll check in with us when the mood strikes...I doubt you'll give us a chance to miss you. ;):P:D

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Wed Aug 19th, 2009 05:56 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?


Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

Wow.. won't my feller be surprised if he wins..since he's not running I think you're going to write in his name...that's why they call you Big Surprise, among other thangs LOL ..If you'd like, give me a call when you think I'm in Cali..then tell me how I'm in two places at once, mon aimee, I will look forward to hearing your theory on that, LOL....I am afraid you are getting stressed out and delusional...I shall pray for you.  Bon Soir!

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Wed Aug 19th, 2009 01:40 am
 Quote  Reply 
cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?


Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

Now see, you need to do your homework, darl'n...I can't speak for Raz but I've NEVER posted your name before you did earlier! :D Good timing on your trip this weekend...cuz your fella's gotta much better chance w/you outta town for awhile.  Northern California has some great places to eat...Bon Appetit! ;):D:cool:

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Wed Aug 19th, 2009 01:14 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?


Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D


 

bon jour!! perhaps you forget with all your pressure than you and Mr. Razankne called me Brenda for a very long time and made reference to an election, no?  So, I do not care about the election...except that Jesse is too inexperienced, no?  Either Sharon or John will be fine..no worries..now call for lunch...why do you call me Big Booty?  I do not call you names, do I, mes aimee?  Did you mean to suggest I am Ms. Boots, perhaps?  That cannot be, for she has been banned forever...It is sad, she is a lovely person.  How is your husband by the way.  Perhaps name calling is mostly a Republican way to relieve  pressure, no? LOL..Au revoir...

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Tue Aug 18th, 2009 08:17 am
 Quote  Reply 
cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?


Perhaps you worry way too much about this conspiracy you speak of, LOL...cuz I never mentioned a Brenda but you do quite often. :shock:  BTW, BB stands for Big Booty...;)...so relax, sweetie.  Go enjoy your time with the kids...we've got plenty of time for our little lunch AFTER the election is over, no?  :D

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Tue Aug 18th, 2009 06:20 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Bon Jour!!  so you are a conspiracy person thinking I am Brenda?  I wish I was, but not so...perhaps you should phone me if you think I am and invite me to lunch...tell me Gino sent you, LOL.  How is your husband, BTW?  Au Revoir, mes aimee:D  Be well and take care of each other.  I notice you and SM never have comments about issues..why is that?  You may read the paper online at http://www.azcentral.com  if things are financially hard.  Your medical bills must be high so I think, Ms. Surp , that you would be in favor of reform, oui?

Last edited on Tue Aug 18th, 2009 06:27 am by

OldEagleEye
Member


Joined: Thu Apr 24th, 2008
Location: Surprise, Arizona USA
Posts: 611
Status:  Offline
 Posted: Tue Aug 18th, 2009 01:48 am
 Quote  Reply 
A new Fed study says unemployment to remain above 10% through 2011, to only drop to 8% by 2014 and to remain above 6% through 2020!

One big contributor to this dire forecast is the shift to temporary workers and outsourcing over the past twenty years, meaning many jobs no longer exist, many "lay offs" are, in fact, permanent and there are fewer real jobs to be filled during any recovery.

Another big, ongoing problem for employment is the ongoing banking and credit crisis.  Firms, mostly smaller ones, simply won't be able to borrow any money to fund any increases in payrolls in anticipation of increased revenues.

Sounds like "Catch 22" to me.


http://www.foxnews.com/politics/2009/08/17/job-market-lag-years-study-forecasts/
 

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Tue Aug 18th, 2009 01:19 am
 Quote  Reply 
cestmoi wrote: BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.


placeAd2(commercialNode,'bigbox',false,'')


NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

Hmmm, the grapevine says you're leave'n for California soon, BB...so let's see what you think about all this doom and gloom when you get back...k?  Enjoy! ;):D:cool:


 

Last edited on Tue Aug 18th, 2009 01:39 am by BigSurprize

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Aug 17th, 2009 10:45 pm
 Quote  Reply 

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Mon Aug 17th, 2009 04:47 pm
 Quote  Reply 
designman124 wrote: Clunkers rejected
Auto Dealers Paid for Just 2 Percent of 'Clunkers' Claims, Congressman Says
Rep. Joe Sestak says only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight." 


 The federal government has only reimbursed auto dealers for 2 percent of the claims they've submitted through the popular "cash for clunkers" program, a Pennsylvania congressman said, calling on the Obama administration to help speed up the process. 


Rep. Joe Sestak, D-Pa., called for "immediate action" to address the problem in a statement Sunday, after writing a letter to President Obama Saturday expressing his concerns. 

In the letter, Sestak said only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight." 

In recent days, auto dealers across the country have been complaining that the reimbursement payments are slow to process. And they said some of their applications were being rejected because of apparent procedural issues. The statistics Sestak cited suggest those complaints are not based on isolated incidents. 

Staffing could be one problem. According to sales data summarized by Transportation Department officials, dealers have submitted requests for rebates on 338,659 vehicles sold. 

But while Congress just expanded the $1 billion program by $2 billion, the Department of Transportation says a staff of just 225 people is reviewing those claims. 

Sestak wrote that he thinks 1,000 processors should be assigned to handle the claims. Sestak, who is challenging Sen. Arlen Specter in his state's Senate primary, wrote that auto dealers have contacted him to express their concern and ask for help. 

"Failure to address delays with the cash for clunkers program will adversely harm auto dealers in the commonwealth of Pennsylvania and around the country -- undoubtedly forcing many out of business," he said in a statement. 

Under the clunkers program, passenger car owners are eligible for a voucher worth between $3,500 and $4,500 if they trade in their gas guzzlers for new, fuel-efficient vehicles.

 

I just learned something about this program I hadn't heard.  Did you know that the Dealers are responsible for paying for the "disabling and destruction" of the clunkers?  So, you not only have the Government mandating a cumbersome red tape rebate upon the private enterprise they have to wait weeks maybe months to be reimbursed for but also inflicting an additional cost burden on them.  How are they supposed to make any profit?  If I were the dealerships, I would band together and refuse to do anymore.  The Government has no right to do this.

Taxpayers not only are left holding the bag for the $3 BILLION dollars to fund this idiotic program but now the taxpayers are going to have to fund all the administrative costs in addition, how many millions will that cost us?  How irresponsible and reckless can they get with our money?  It never ends.

This is America right?  When did we turn over our free enterprise system to the Government in allowing them to dictate what they have to support and pay for their flawed programs?  How did that happen? :shock::cool:


 

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Aug 17th, 2009 04:40 pm
 Quote  Reply 
Stimulus Not Working

The $787 billion stimulus package that Congress passed in February doesn't seem to be having an effect, at least in the minds of a majority of adults polled by Gallup and USA Today.

The poll out Monday shows 57 percent of adults say the stimulus is having no impact on the economy or making it worse. Worse still, only 18 percent say they see an improvement in their personal situation as a result of the massive federal spending program, and 60 percent say they doubt the economy will be aided by the package in the years ahead.

"This is a wake-up call for the administration," House Minority Whip Eric Cantor, R-Va., told USA Today. "People see the stimulus hasn't worked, and now you want to lay on over $1 trillion in a health care plan."

The stimulus package contains $499 billion in new spending. Another $288 billion is intended for tax cuts. But as of Aug. 7 $77.1 billion had been distributed, according to the Obama administration Web site, Recovery.gov. The government says it has designated $200 billion of that money so far. 

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Aug 17th, 2009 04:37 pm
 Quote  Reply 
Clunkers rejected
Auto Dealers Paid for Just 2 Percent of 'Clunkers' Claims, Congressman Says
Rep. Joe Sestak says only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight." 


 The federal government has only reimbursed auto dealers for 2 percent of the claims they've submitted through the popular "cash for clunkers" program, a Pennsylvania congressman said, calling on the Obama administration to help speed up the process. 


Rep. Joe Sestak, D-Pa., called for "immediate action" to address the problem in a statement Sunday, after writing a letter to President Obama Saturday expressing his concerns. 

In the letter, Sestak said only 2 percent of claims have been paid and that four of every five applications have been "rejected for minor oversight." 

In recent days, auto dealers across the country have been complaining that the reimbursement payments are slow to process. And they said some of their applications were being rejected because of apparent procedural issues. The statistics Sestak cited suggest those complaints are not based on isolated incidents. 

Staffing could be one problem. According to sales data summarized by Transportation Department officials, dealers have submitted requests for rebates on 338,659 vehicles sold. 

But while Congress just expanded the $1 billion program by $2 billion, the Department of Transportation says a staff of just 225 people is reviewing those claims. 

Sestak wrote that he thinks 1,000 processors should be assigned to handle the claims. Sestak, who is challenging Sen. Arlen Specter in his state's Senate primary, wrote that auto dealers have contacted him to express their concern and ask for help. 

"Failure to address delays with the cash for clunkers program will adversely harm auto dealers in the commonwealth of Pennsylvania and around the country -- undoubtedly forcing many out of business," he said in a statement. 

Under the clunkers program, passenger car owners are eligible for a voucher worth between $3,500 and $4,500 if they trade in their gas guzzlers for new, fuel-efficient vehicles.

OldEagleEye
Member


Joined: Thu Apr 24th, 2008
Location: Surprise, Arizona USA
Posts: 611
Status:  Offline
 Posted: Sun Aug 16th, 2009 08:09 pm
 Quote  Reply 
Obama's money moves 200 days in, the President is going for broke.
 
Click for analysis of where he’s succeeding – and where he’s not.

http://money.cnn.com/news/storysupplement/economy/obama_money_moves/

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Sat Aug 15th, 2009 02:50 pm
 Quote  Reply 

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Sat Aug 15th, 2009 12:51 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.




placeAd2(commercialNode,'bigbox',false,'')













NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

We still have no budget.  We are not any closer to getting a budget than we were two months ago.  You see some good in this?

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Fri Aug 14th, 2009 05:03 pm
 Quote  Reply 

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Tue Aug 11th, 2009 07:43 pm
 Quote  Reply 

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Tue Aug 11th, 2009 12:38 am
 Quote  Reply 
cestmoi wrote: BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.




placeAd2(commercialNode,'bigbox',false,'')













NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California
.

That's the only reference I could find, as well...but I'll hang onto the "may" part in their quote until I hear otherwise.  You're the half empty kinda person...and I'm the half full kind.  I see said the blind man spitting into the wind...now I understand.  :cool: 

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Tue Aug 11th, 2009 12:02 am
 Quote  Reply 
BigSurprize wrote: cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:


Bon Jour!!!   This weeks Newsweek, but I don't ask them to verify every thing they write any more than you probably question the far right rags, oui?  :D

California's crippling deficit resulted from overspending, foreclosures, contradicting ballot initiatives, and a two thirds majority needed to pass a budget. But 48 states face deficits, and some are in real danger of falling into the same hole that the Golden State did.

NEW YORK
The state's revenues were hit hard by Wall Street's financial collapse, leading to a $20.1 billion deficit. It's a heavy spender on social services, too. With state senators busy turning off the lights and locking the Senate chamber doors, is there much confidence that the legislature is equipped to handle future crises?

FLORIDA
When home values shot up, property-tax caps prevented Florida from reaping the benefits. The state's $5.9 billion deficit wasn't as high as California's, but Florida has no income tax and foreclosures are eating away at revenues. Florida's 2010 budget diverted property taxes from schools—forcing school boards to raise taxes themselves.




placeAd2(commercialNode,'bigbox',false,'')













NEVADA
Without an income tax, Nevada relies heavily on gaming revenues. No more. The state also has the highest foreclosure rate this year. To beef up the coffers, legislators passed new taxes—over the veto of Gov. Jim Gibbons—at the 11th hour. Had they missed the deadline, though, Gibbons could have killed the taxes in a special session.

ILLINOIS
Faced with a $13.2 billion deficit that was more than 47 percent of its total budget—the highest percentage after California—new Gov. Pat Quinn called for increased income taxes. His Democratic colleagues in the legislature shunned the idea, using stimulus funds and delaying vendor payments to get through the year.

ARIZONA
After squandering surpluses by lowering taxes, Arizona hadn't balanced its $4 billion deficit (41 percent of its total budget) a month after it was due. Lawmakers won't raise sales taxes, even as the state mulls selling its House and Senate buildings. Arizona, some economists say, may already be in worse economic shape than California.

Last edited on Tue Aug 11th, 2009 12:04 am by

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Mon Aug 10th, 2009 08:57 pm
 Quote  Reply 

BigSurprize
Member


Joined: Thu Jun 26th, 2008
Location: Surprise, Arizona USA
Posts: 2279
Status:  Offline
 Posted: Mon Aug 10th, 2009 08:28 pm
 Quote  Reply 
cestmoi wrote: Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.
Ok, got any facts to support this information...or is it just your opinion?  :cool:

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Sun Aug 9th, 2009 06:47 am
 Quote  Reply 
clarz007 wrote:
On This Week with George Stephanopoulos on Sunday, Sen. Jon Kyl, R-Ariz., said of the $787 billion stimulus package, 'the reality is it hasn't helped yet. Only about 6.8 percent of the money has actually been spent. What I proposed is, after you complete the contracts that are already committed, the things that are in the pipeline, stop it.'

A day later, Arizona Gov. Jan Brewer received letters from Secretary of Transportation Ray LaHood, Agriculture Secretary Tom Vilsack, Department of Housing and Urban Development Secretary Shaun Donovan and Secretary of the Interior Ken Salazar all pointing out the billions headed to Arizona.

Kyl 'publicly questioned whether the stimulus is working and stated that he wants to cancel projects that aren't presently underway,' LaHood wrote to Brewer, a Republican. 'I believe the stimulus has been very effective in creating job opportunities throughout the country. However, if you prefer to forfeit the money we are making available to your state, as Senator Kyl suggests, please let me know.

Arizona is in worse financial condition than California.  If the conservatives are crazy enuf to turn down any of that stimulus money, there will be a real revolt, not a phoney town hall skit.

Razenkn
Member


Joined: Thu Jun 4th, 2009
Location:  
Posts: 1805
Status:  Offline
 Posted: Sun Aug 9th, 2009 02:57 am
 Quote  Reply 
clarz007 wrote:
On This Week with George Stephanopoulos on Sunday, Sen. Jon Kyl, R-Ariz., said of the $787 billion stimulus package, 'the reality is it hasn't helped yet. Only about 6.8 percent of the money has actually been spent. What I proposed is, after you complete the contracts that are already committed, the things that are in the pipeline, stop it.'

A day later, Arizona Gov. Jan Brewer received letters from Secretary of Transportation Ray LaHood, Agriculture Secretary Tom Vilsack, Department of Housing and Urban Development Secretary Shaun Donovan and Secretary of the Interior Ken Salazar all pointing out the billions headed to Arizona.

Kyl 'publicly questioned whether the stimulus is working and stated that he wants to cancel projects that aren't presently underway,' LaHood wrote to Brewer, a Republican. 'I believe the stimulus has been very effective in creating job opportunities throughout the country. However, if you prefer to forfeit the money we are making available to your state, as Senator Kyl suggests, please let me know.


Where did you cut and paste this from clara??:?:cool:

 

clarz007
Member
 

Joined: Fri Mar 6th, 2009
Location:  
Posts: 224
Status:  Offline
 Posted: Sun Aug 9th, 2009 12:51 am
 Quote  Reply 
On This Week with George Stephanopoulos on Sunday, Sen. Jon Kyl, R-Ariz., said of the $787 billion stimulus package, 'the reality is it hasn't helped yet. Only about 6.8 percent of the money has actually been spent. What I proposed is, after you complete the contracts that are already committed, the things that are in the pipeline, stop it.'

A day later, Arizona Gov. Jan Brewer received letters from Secretary of Transportation Ray LaHood, Agriculture Secretary Tom Vilsack, Department of Housing and Urban Development Secretary Shaun Donovan and Secretary of the Interior Ken Salazar all pointing out the billions headed to Arizona.

Kyl 'publicly questioned whether the stimulus is working and stated that he wants to cancel projects that aren't presently underway,' LaHood wrote to Brewer, a Republican. 'I believe the stimulus has been very effective in creating job opportunities throughout the country. However, if you prefer to forfeit the money we are making available to your state, as Senator Kyl suggests, please let me know.

Cochise
Member
 

Joined: Sun Feb 1st, 2009
Location:  
Posts: 259
Status:  Offline
 Posted: Fri Aug 7th, 2009 03:40 pm
 Quote  Reply 
Each time I see articles like this my blood boils because the taxpaying public (including  myself) is too cowardly to revolt against a government intent on spending the nation into oblivion. Arizona's senators and representatives have sat idly by and watched the installation of the 30+ czars, thereby earning themselves a place in the political landfill.

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Fri Aug 7th, 2009 02:56 pm
 Quote  Reply 
Fannie' Back Again


Fannie Mae seeks $10.7B in US aid after 2Q loss
Fannie Mae seeks $10.7 billion in new US aid after posting $15.2 billion second-quarter loss
  • By Alan Zibel, AP Real Estate Writer
  • On Thursday August 6, 2009, 7:25 pm EDT

  • WASHINGTON (AP) -- Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing.

    The mounting price tag for the rescue of Fannie and its goverment-sponsored sibling, Freddie Mac, is surpassed only by insurer American International Group Inc., which has received $182.5 billion in financial support from the government so far.

    Fannie Mae's new request for $10.7 billion from the Treasury Department will bring the total for Fannie and Freddie to nearly $96 billion. Freddie is expected to report its quarterly results on Friday.

    The government has pledged up to $400 billion in aid for the two companies, which play a vital role in the mortgage market by purchasing loans from banks and selling them to investors. They have been under government control since last September, when their near-collapse helped set off the financial crisis.

    Together, Washington-based Fannie and McLean, Va.-based Freddie own or guarantee almost 31 million home loans worth about $5.4 trillion. That's about half of all U.S home mortgages.

    With assets of that size, "it's hard for their problems to be small," said Karen Shaw Petrou, managing partner at Federal Financial Analytics, a consulting firm that advises financial institutions.

designman124
Member


Joined: Sat Jun 14th, 2008
Location:  
Posts: 4262
Status:  Offline
 Posted: Wed Aug 5th, 2009 06:22 pm
 Quote  Reply 
What's Good For The Goose----

House Buys $200M Jets for Lawmaker Travel

Wednesday, August 5, 2009 11:48 AM

By: Jim Meyers

The House has approved nearly $200 million for the Air Force to buy three elite jets for transporting members of Congress and other top government officials.

The Air Force had requested one Gulfstream 550 jet, which cost about $65 million. But the House Appropriations Committee added another $132 million to the 2010 Defense appropriations bill for two more jets, and "specified that they be assigned to the D.C.-area units that carry Members of Congress, military brass and top government officials," Roll Call reported.

It was just last year that lawmakers sharply criticized the CEOs of the Big Three automakers for traveling to Washington by private jet for a hearing about a bailout of their companies

cestmoi
Guest
 

Joined: 
Location:  
Posts: 
Status:  Offline
 Posted: Tue Aug 4th, 2009 11:19 pm
 Quote  Reply 
designman124 wrote: Obama Won't Release Data On Clunkers Program

Tuesday, August 4, 2009 12:55 PM

WASHINGTON -- The Obama administration is refusing to release government records on its "cash for clunkers" rebate program that would substantiate _ or undercut _ claims of its success.

President Barack Obama wants $2 billion more to boost car sales, days after the first $1 billion was made available. Obama has promised greater transparency, but Transportation Department officials say they don't have time to turn over sales data provided by car dealers.

The limited information shows most buyers are not picking Ford, Chrysler or General Motors vehicles, and six of the top 10 vehicles purchased are Honda, Toyota and Hyundai. The Associated Press has sought release of the data since last week. Transportation Secretary Ray LaHood said Sunday the government would release it.


Many Hondas and Toyotas are made in the US.  Many GM cars and Fords are made in Canada and Mexico.  Global economy...think outside the box.  Au revoir!

cindisue_g
Member


Joined: Wed Feb 22nd, 2006
Location:  
Posts: 2527
Status:  Offline
 Posted: Tue Aug 4th, 2009 10:23 pm
 Quote  Reply 
The most transparent administration ever - I think not!


 Current time is 02:31 am
Page:  First Page Previous Page  1  2  3  4  5  6  7  ...  Next Page Last Page  



Click here to read our Policies & Disclaimers.
Click here to go to the Newszap.com home page

Powered by WowBB 1.7 - Copyright © 2003-2006 Aycan Gulez
Page processed in 0.4817 seconds (26% database + 74% PHP). 135 queries executed.