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Old 07-09-2009, 02:57 PM   #51 (permalink)
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Re: Stimulus Facts:

Pennsylvania Gov. Ed Rendell says we need a second stimulus that focuses on "infrastructure" jobs.

Uhhhh.....isn't that what we were told the first stimulus was? I remember all the speeches about "roads and crumbling bridges".

Wow! it wasn't true?

Somebody should tell him that 700 billion is still not spent from the first stimulus.

TheHill.com - Rendell urges second stimulus with focus on jobs
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Old 07-09-2009, 03:16 PM   #52 (permalink)
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Re: Stimulus Facts:

18 million to run the governments stimulus tracking website. That's after what was already wasted on it. It's not who you know.......

Hey Keith, how's that sound to you? Maybe the Bubbler could have an offshoot site to track it for maybe 10 million? That'd be a savings of 8 million dollars.

Updated: Hoyer-linked firm wins $18M Recovery.gov contract | Washington Examiner
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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-09-2009, 03:18 PM   #53 (permalink)
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Re: Stimulus Facts:

I wonder if political paybacks are a part of the stimulus.

Hmmmmmmmm......

Billions in aid go to areas that backed Obama in '08 - USATODAY.com
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Old 07-09-2009, 09:42 PM   #54 (permalink)
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Re: Stimulus Facts:

Here's that "jolt" to the economy we were promised. Well, maybe the next stimulus will be better.

Arts organizations receive stimulus funds - Bangor Daily News
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Old 07-10-2009, 08:00 AM   #55 (permalink)
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Re: Stimulus Facts:

Another article by Krugman, the "economist" I complained about earlier.

Partial quote:

The bad employment report for June made it clear that the stimulus was, indeed, too small.

End quote.

Too small. 787 billion dollars, too small.

http://www.nytimes.com/2009/07/10/op...10krugman.html
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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-11-2009, 09:02 AM   #56 (permalink)
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Re: Stimulus Facts:

Obama says the stimulus is working as planned.

Partial quote:

Obama said the measure “was not designed to work in four months -- it was designed to work over two years.”

End quote.

Two years. I don't remember being told that. I remember "immediate jolt" to the ecomomy. I remember "there's no time to waste". I remember Caterpiller would rehire with the passage of the plan. I remember unemployment wouldn't go over 8%.

What do you remember?

Maybe he's just being honest now. Two years is just in time for the next congressional elections.

Obama Says Economic Stimulus Worked as Intended, Urges Patience - Bloomberg.com
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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-11-2009, 03:05 PM   #57 (permalink)
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Re: Stimulus Facts:

More stimulus waste.

Ever notice that when the press refers to politicians, that if they're Republican they point it out? But if they're a Democrat, it's not mentioned. Just like this story.

This guys hires his buddies in a law firm to "review stimulus spending".

O.K. They review it, then what?

Gov. Ritter Steered Stimulus Money To Ex-Employer - cbs4denver.com
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Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

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Old 07-13-2009, 03:54 PM   #58 (permalink)
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Re: Stimulus Facts:

Here's how stimulus money gets spent by beaurocrats.

Partial quotes:

More than $400 million in federal stimulus money has come to New Hampshire this year, and more is on the way.

Of that, $2 million has been tapped to provide oversight through a five-person Office of Economic Stimulus (OES) and to cover the cost of auditors at smaller agencies throughout state government. (beaurocrats).

Actual funding for the OES will be closer to $1.5 million for salaries, benefits and expenses (for 5 people), he said. The remaining $500,000 will be for positions at other departments.

So far, a total of 50 jobs have been created by the funding, 34 of them full time.

End quote.

I'll do some quick math, let's see.........400 million dollars for 50 temporary jobs. Hold on.........I'm thinking........

Got it! It's only 8 million dollars per job.

Yippie!

The good news is that they're applying for billions more. That should get a couple hundred more jobs.

We're on our way to recovery now.

UnionLeader.com - New Hampshire news, business and sports - Stimulus: Millions in grants, tons of scrutiny - Monday, Jul. 13, 2009

I'll check that government website and see if this is on there. Don't hold your breath.
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Old 07-16-2009, 06:14 PM   #59 (permalink)
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Re: Stimulus Facts:

Wow. These guys really think we're stupid. Sorry, I'm not. Here's the newest spin on the stimulus.

Partial quote:

"This legislation was designed to cushion the downturn," said White House Press Secretary Robert Gibbs. "That's why we have always talked about this as one function of economic recovery."

End quote.

So now, the stimulus wasn't designed to improve the economy. A trillion dollars (interest included) wasn't really for recovery. Don't these guys realize we could pull up any number of speeches, YouTube videos and news stories to dispute this?

I suppose the other "functions of economic recovery" are the Cap and Trade (energy tax) fiasco and Nationalized Healthcare. Ya that's it. Couple trillion more in spending. That'll get the economy going.

You should all be insulted. They honestly believe we're stupid and will believe whatever we're to be spoonfed on a daily basis.

There's that "hope and change" again.

Should They Have Called It The 'Stabilization' Act? - Political Punch
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Old 07-16-2009, 09:02 PM   #60 (permalink)
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Re: Stimulus Facts:

I wish I had a nickel for everytime I heard that the stimulus was going to put Americans to work fixing our crumbling roads and bridges. Well, if that were true, why then is the Chamber of Commerce lobbying the White House to raise gas taxes another 10 cents per gallon to fix roads and bridges?

With over 700 billion stimulus dollars left to spend, what's the problem? Why raise taxes? Just write some checks for all those "shovel ready" projects.

Chamber of Commerce Pushes Increase in Gas Tax - WSJ.com

Funny, I remember Obama telling us that we would not have "any" tax increase under his administration if you made under 250k.

Let's see how long he can hold out.
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Old 07-16-2009, 10:05 PM   #61 (permalink)
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Re: Stimulus Facts:

Let's go way back to January. Obamas speech.

Partial quote:

That is why I have moved quickly to work with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will immediately jumpstart job creation and long-term growth.............That also means an economic recovery plan that is free from earmarks and pet projects...........I have no doubt that years from now, we will look back on 2009 as one of those years that marked another new and hopeful beginning for the United States of America.

That "pet project" thing was funny.

Full Remarks of Obama’s Stimulus Speech - The Page by Mark Halperin - TIME.com
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Old 07-20-2009, 07:34 AM   #62 (permalink)
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Re: Stimulus Facts:

Time to say "good job" on the stimulus. Seems we are creating jobs. Here's a couple examples.

Over $350,000 to fix one dumbwaiter.
Contracts - Recipient Summary | Recovery.gov

Over 3.5 million for ham to go...somewhere. This is for one packing house in CA.
Contracts - Recipient Summary | Recovery.gov
Contracts - Recipient Summary | Recovery.gov
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Old 07-26-2009, 03:24 PM   #63 (permalink)
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Re: Stimulus Facts:

Probably should change the title of this thread. It's hard to have stimulus "facts" when the V.P. and Obama keep changing the White House's position.

After being elected, Obama said "And so we are going to do what's required to jolt this -- this economy back -- back into shape."

President-Elect Barack Obama Announces Economic Team

And in March, Biden said, "The Recovery Act, as we call it, provides a necessary jolt to our economy "

The White House - Press Office - Remarks By The Vice President At The First Session Of The Progressive Governance Conference in Vina del Mar, Chile

Now, however, Biden is saying, "But the act was intended to provide steady support for our economy over an extended period — not a jolt that would last only a few months."

http://www.nytimes.com/2009/07/26/op...iden.html?_r=2

What will the story be next month?
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Old 07-31-2009, 03:21 PM   #64 (permalink)
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Re: Stimulus Facts:

Stimulus for porn, nice. Of course, what's more stimulating than porn?

Stimulus Bill Funds Go to Art Houses Showing 'Pervert' Revues, Underground Pornography

How are we doing on those "crumbling roads and bridges"? Well, let's fix the good ones first, then we'll do the crumbling ones.

Stimulus Cash Not Fixing Dangerous Bridges - CBS News
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Old 08-04-2009, 12:15 PM   #65 (permalink)
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Re: Stimulus Facts:

Colorado not too happy.

So far, stimulus doesn't seem to be doing its job - The Denver Post
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Old 08-05-2009, 12:53 PM   #66 (permalink)
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Re: Stimulus Facts:

So much for the "jolt" to the economy:

Stimulus Slow to Flow to Infrastructure - WSJ.com
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Old 08-14-2009, 02:57 PM   #67 (permalink)
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Re: Stimulus Facts:

I know most folks have short memories, but wasn't it just a few weeks ago that Obama said that he gave instructions to "speed up the spending"?

Oh, here it is:

The Hill’s Blog Briefing Room Obama to speed up stimulus spending

So how has this hope and change worked out?

Washington Times - Pace of stimulus spending plummets

Huh! What he said doesn't match what's happening. Go figure. Can't wait for that healthcare and Cap and Trade to kick in. That should go just as well.
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Old 08-17-2009, 12:47 PM   #68 (permalink)
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Re: Stimulus Facts:

Well, after 6 months (I know, give him a chance, he's got 3 1/2 more years to turn the economy around) most people don't think the stimulus is working.

Poll: 57% don't see stimulus working - USATODAY.com
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Old 08-20-2009, 11:49 AM   #69 (permalink)
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Re: Stimulus Facts:

So what's the latest news on hope and change?

Let's check the status of the jolt. I love how these articles always have the word "surprise" or "unexpected". The only surprise to me would be if this pork package actually worked.

New jobless claims rise unexpectedly to 576K - Yahoo! News
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Old 08-24-2009, 12:56 PM   #70 (permalink)
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Re: Stimulus Facts:

Well this ought to get people back to work.

STIMULUS PACKAGE FEATURES FUNDING FOR SEX RESEARCH PROJECTS - New York Post
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Old 08-24-2009, 07:26 PM   #71 (permalink)
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Re: Stimulus Facts:

I hate being right all the time.

All the hype about cash for clunkers "saving the environment" with better, more fuel efficient cars is bunk.

'Cash for Clunkers' Environmental Benefits Are in Doubt - ABC News

Now, not wanting to admit the truth about cash for clunkers, the White House will do the same for refrigerators. What's next? Washing Machines? Dryers? Dishwashers? Water Heaters?

Yep, if Cap and Trade passes for sure. It's in there. Except under the Cap and Trade Bill, you'll get a "bounty" for your old appliance. That's in there too.

I just love paying taxes to subsidize other people's stuff.

Latest in Stimulus: 'Cash for Refrigerators' - BusinessWeek
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Old 08-26-2009, 07:05 PM   #72 (permalink)
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Re: Stimulus Facts:

Stimulus cash for inmates. Can't wait until these guys are running health care.

Feds: Stimulus money sent to 4,000 cons - BostonHerald.com
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Old 08-27-2009, 07:31 AM   #73 (permalink)
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Re: Stimulus Facts:

I'm so glad our (borrowed) money is helping someone.

Japanese, Koreans gain most from cash for clunkers | Special Coverage | Reuters

More evidence of the "jolt" to the economy.

Real US unemployment rate at 16 pct: Fed official

Well, at least government workers aren't hurting. We should get more.

Government conference spending gone wild! | Washington Examiner
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Old 09-03-2009, 01:27 PM   #74 (permalink)
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Re: Stimulus Facts:

More comedy form Joe Biden (our vice president in case you forgot we had one).

Stimulus working better than expected.

Biden: Many stimulus projects happening ahead of schedule | McClatchy

Then reality sets in.

New jobless claims dip less than expected to 570K - Yahoo! News
__________________
There is precedent for the mainstream media being megaphones for Democratic-manufactured hysteria. George Will

Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

MSNBC - 350 viewers can't be wrong.
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Old 09-24-2009, 01:01 PM   #75 (permalink)
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Name: Mark
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Re: Stimulus Facts:

Here's that jolt to the economy, more federal workers hired. Now there's a good long term growth policy.

Think these jobs will ever go away?

Since last December, 4 million jobs lost, but, 25,000 federal jobs gained.

Stimulus funds boost number of federal jobs - USATODAY.com

How's that TARP thing going anyway?

TARP inspector to say transparency 'attitude' on bailout frustrating - TheHill.com

Check out this quote from the article:

Barofsky also will warn that it is unclear that the government rescue package has done much to increase the amount of bank lending or yet to remove toxic assets from bank balance sheets.

End quote.

Uh....those were the two things that TARP was supposed to take care of as I remember it. So what was it used for?
__________________
There is precedent for the mainstream media being megaphones for Democratic-manufactured hysteria. George Will

Today, there is a name for the political doctrine that rejoices in scarcity of everything except government. The name is environmentalism. George Will

MSNBC - 350 viewers can't be wrong.
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