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
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
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
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 ......
fossil_digger Report This Comment Date: May 21, 2009 04:20PM
the Demochimps have a strange definition of transparency.
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.