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Harvey Wallbanger
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2009-05-19
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Wake up people
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Wake up people

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Comments for: Wake up people
Mint Report This Comment
Date: May 20, 2009 08:09AM

Wake up what? You didnt think the economic stimulus was free did you? Probably did knowing the typical American when it comes to credit.
meNotYou Report This Comment
Date: May 20, 2009 08:55AM

weeeee hee hee hee
and it all comes crumbling down
Mrkim Report This Comment
Date: May 20, 2009 01:16PM

"Economic Stimulus Program" is very much an Orwellian New Speak term. The economy is obviously NOT being stimulated and the only thing that seems to be stimulated by it is all the pork projects that were tied to it.

Business as a whole in our economy is almost at a standstill. Companies are spending as little as possible in hopes they can make it out the other side of all this debacle intact. Most businesses growth and expansion plans have either been canceled or put on hold until ...

John Q public is typically doin about the same and unless you're selling food or toilet paper you're not likely to be getting stimulated by his income.

And to the witless one who posted above here ...does the old movie quote "If I'm goin down I'm gonna take a lot of you with me." ring any bells? If it doesn't then perhaps it should winking
smiley

smoking
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madmex Report This Comment
Date: May 20, 2009 03:12PM

Yah wake up people. your sowing the bounty of what you planted ealier. Bush got the first loan just so the economy would completley crash before he could get out. now your savior OBAMA has to borrow shit loads to just stabalize the economy.

you can't sell souls to souless souls who have sold there souls.




zeeeeeeee
Mrkim Report This Comment
Date: May 21, 2009 05:59AM

You might be sellin Madnez, but that shit's definitely a no sale here.

The economic stimulus BS is all on the new kid on the block and his crew plain and simple since THIS administration is the one that put it into place, not the former one.

And ... before you start regurgitating the rhetoric of the masses about how the "bailout" had to be done, let me 1st introduce you to the concept of true capitalism where businesses succeed or fail on their own merits. When the succeed, everyone's happy and dancin in the aisles. If they fail, they just fail and some new organization/consortium or whatever, steps up to the plate and takes over.

In our case, the failed organizations were rewarded for their lack of ability to remain solvent with butt loads of cash and all the little kingdoms on capital hill made sure their lil pork projects got funded all at the same time. No sense in spendin only what you claim "has" to be spent and miss the chance to bilk the good ol American taxpayers outta hundreds of billions more than necessary to fund tons of shit that had no relation to "stimulating" the economy

BTW, when folks wanna start pointin fingers about what went down hill and when the graph above most certainly can be helpful in defining it all. Please note the severe dip at exactly the same time Obama and his Democratically led House and Senate came into being.

But yep, you can damned well bet all the Demofags will continue to blame the former administration for their own doings. Good ol misdirection/slight of hand at its finest, it's all they know and certainly easier than actually tendering realistic solutions eye
rolling smiley

smoking
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Mint Report This Comment
Date: May 21, 2009 06:07AM

Mr Kim i hope you are joking. That package was passed last year. Banks and AIG were getting TARP money long before the election. The fist part of that was the $600 tax refund (which oddly no one complained about) and that was passed out last summer.
pulse Report This Comment
Date: May 21, 2009 10:58AM

It's also telling that in '00 when Clinton left there was a significant positive.. then in each of Bush's years it's just slipped further and further.

But maybe it's just me smiling
smiley
Mrkim Report This Comment
Date: May 21, 2009 01:37PM

Yep, the $600 per taxpayer some folks got did indeed start a while back but lumping that in a discussion of a multi trillion$$ banking/lending bailout deal passed in congress with enough pork projects stuffed into the legislation to fund several countries economies for quite a while is not very realistic.

Read a bit more mint, the bulk of the current "stimulus/bailout" package was tabled until after the election, when it was then rushed through congress and passed even though public opinion and outcries from many areas and experts on economic policies from various areas were screaming in unison "Don't Do It, HISTORY HAS PROVEN THIS DOESN'T WORK!". Sampling of public opinion polls on this topic was running at around 60% against it and our new congress just basically said FUCK YOU JOHN Q and passed it anyway.

Pulse, while there's truth to your statement about the economic surplus that GWB inherited when he took office, what seemingly has been overlooked by pundits who claim his administration was responsible for the downward spiral is that 9-11-01 was the actual beginning of it all.

The cost to the US for the resulting fallout from the attacks : implementation of new security measures and devices regarding the increased security, reworking policies regarding travel and security, etc were tremendous to both our government and the industries effected by the changes and mandates. The impact from these changes has been devastating to many companies in that sector leading to many of them filing bankruptcy. This again impacts the economy as a whole as suppliers to these industries watched with horror as their customer base dwindled, employees of the now defunct companies began to scramble for jobs elsewhere, often at decreased pay and benefits comparatively, further decimating the tax base, etc. The trickle down effect from all this is still impacting our economy years later.

I'm not here to idolize GWB and that's for sure as his administration was responsible for a huge errosion of our personal freedoms and rights that are totally reprehensible (which seem to be continued from Obamas administration too however) and I think we were totally misled by poor intel in many of the military campaigns undertaken during GWBs time in office which led to HUGE spending in the military sectors, but that's a whole other facet to it all. Just like in any industry the Big Boss, in this case GWB has to shoulder the blame for the actions of their subordinates, meaning the military actions started from poor intell still fall on his shoulders but ..... in the same hand the huge deficit spending programs that have been implemented since Obama took office have to be accredited to HIS administration too, fair's fair, so ...... winking
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cool
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fossil_digger Report This Comment
Date: May 21, 2009 04:20PM

the Demochimps have a strange definition of transparency. confused smiley
FrostedApe Report This Comment
Date: May 21, 2009 04:37PM

Pixie Dust and beer foam are probably not a good basis for making economic policies. There was never any "surplus". False premises don't generally lead to valid conclusions. At best, the alleged surplus was a projected surplus over five years, as a combination of slashing military spending and "borrowing" from Social Security. Any future projections that are based on the assumption that a surplus existed are immediately suspect. If you're going to just yank numbers out of your ass, you really shouldn't be surprised when they add up to the number you were trying to come up with.

The only analogies I've been able to come up with involve prison time.