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	<title>Comments on: VP Biden Admits Stimulus Bill Was Never Going To Stimulate Jobs This Year</title>
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	<description>High Flying Political Debate</description>
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		<title>By: Dirty Democrats &#187; Joe Biden Ainâ€™t Lyinâ€™â€¦Well, Heâ€™s Kinda Lyinâ€™</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-475570</link>
		<dc:creator>Dirty Democrats &#187; Joe Biden Ainâ€™t Lyinâ€™â€¦Well, Heâ€™s Kinda Lyinâ€™</dc:creator>
		<pubDate>Sat, 11 Jul 2009 19:19:52 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-475570</guid>
		<description>[...] Biden stated last weekend that the administration underestimated the economic problem. You donâ€™t say. Really, the didnâ€™t think there even was a problem and decided to jam through [...]</description>
		<content:encoded><![CDATA[<p>[...] Biden stated last weekend that the administration underestimated the economic problem. You donâ€™t say. Really, the didnâ€™t think there even was a problem and decided to jam through [...]</p>
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		<title>By: Joe Biden Ain&#8217;t Lyin&#8217;&#8230;Well, He&#8217;s Kinda Lyin&#8217; &#171; Blog Entry &#171; Dr. Melissa Clouthier</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-475152</link>
		<dc:creator>Joe Biden Ain&#8217;t Lyin&#8217;&#8230;Well, He&#8217;s Kinda Lyin&#8217; &#171; Blog Entry &#171; Dr. Melissa Clouthier</dc:creator>
		<pubDate>Fri, 10 Jul 2009 16:11:30 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-475152</guid>
		<description>[...] Biden stated last weekend that the administration underestimated the economic problem. You don&#8217;t say. Really, the didn&#8217;t think there even was a problem and decided to jam [...]</description>
		<content:encoded><![CDATA[<p>[...] Biden stated last weekend that the administration underestimated the economic problem. You don&#8217;t say. Really, the didn&#8217;t think there even was a problem and decided to jam [...]</p>
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		<title>By: The Strata-Sphere &#187; Administration Tries To Shade Truth Of Failed Liberal Stimulus Experiment</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-474068</link>
		<dc:creator>The Strata-Sphere &#187; Administration Tries To Shade Truth Of Failed Liberal Stimulus Experiment</dc:creator>
		<pubDate>Wed, 08 Jul 2009 13:51:13 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-474068</guid>
		<description>[...] The Democrats decided on a faux stimulus plan. They would yack up how great it was, expecting the recession to be at its peak and turning around normally (many recessions would have by now), but pass a bunch of pork and pet projects. To get the people used to the idea of government intervention and assistance. Paving the way for the take over of health care and taxing energy into oblivion. That was the plan, at least from what we can tell from what the VP said last weekend. [...]</description>
		<content:encoded><![CDATA[<p>[...] The Democrats decided on a faux stimulus plan. They would yack up how great it was, expecting the recession to be at its peak and turning around normally (many recessions would have by now), but pass a bunch of pork and pet projects. To get the people used to the idea of government intervention and assistance. Paving the way for the take over of health care and taxing energy into oblivion. That was the plan, at least from what we can tell from what the VP said last weekend. [...]</p>
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		<title>By: crosspatch</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473921</link>
		<dc:creator>crosspatch</dc:creator>
		<pubDate>Tue, 07 Jul 2009 06:08:48 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473921</guid>
		<description>Uh, oh.  We &lt;a href=&quot;http://bluecrabboulevard.com/2009/07/06/baracks-bailout-bonds/&quot; rel=&quot;nofollow&quot;&gt;might be looking at 14% unemployment&lt;/a&gt; within a year.</description>
		<content:encoded><![CDATA[<p>Uh, oh.  We <a href="http://bluecrabboulevard.com/2009/07/06/baracks-bailout-bonds/" rel="nofollow">might be looking at 14% unemployment</a> within a year.</p>
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		<title>By: crosspatch</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473920</link>
		<dc:creator>crosspatch</dc:creator>
		<pubDate>Tue, 07 Jul 2009 06:02:38 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473920</guid>
		<description>There will be no second &quot;stimulus&quot; bill because there is no money.  It is gone.  The treasury is empty.  And it is worse than empty because now with higher unemployment, more people are going on Social Security retirement years earlier than they had planned.  This means that the social security shortfall must be made up by congress ... in cash ... when the social security administration presents bonds from the trust fund for redemption.

So in years past the government could run a deficit and make up the difference by mostly borrowing from the Social Security surplus.  They can&#039;t do that anymore.  Now they need to hit the credit markets for ALL their deficit PLUS the amount needed to make Social Security solvent.  Social Security has gone negative cash flow two decades earlier than expected.

We are in a heap of trouble but it apparently still hasn&#039;t hit home yet.  It will in about 5 more months.</description>
		<content:encoded><![CDATA[<p>There will be no second &#8220;stimulus&#8221; bill because there is no money.  It is gone.  The treasury is empty.  And it is worse than empty because now with higher unemployment, more people are going on Social Security retirement years earlier than they had planned.  This means that the social security shortfall must be made up by congress &#8230; in cash &#8230; when the social security administration presents bonds from the trust fund for redemption.</p>
<p>So in years past the government could run a deficit and make up the difference by mostly borrowing from the Social Security surplus.  They can&#8217;t do that anymore.  Now they need to hit the credit markets for ALL their deficit PLUS the amount needed to make Social Security solvent.  Social Security has gone negative cash flow two decades earlier than expected.</p>
<p>We are in a heap of trouble but it apparently still hasn&#8217;t hit home yet.  It will in about 5 more months.</p>
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		<title>By: kathie</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473865</link>
		<dc:creator>kathie</dc:creator>
		<pubDate>Mon, 06 Jul 2009 23:14:42 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473865</guid>
		<description>I don&#039;t know how bad the economy is going to get, but I know for sure that there is a CRISIS OF CONFIDENCE. You can blame the whole thing on Bush, the down turn that happened between September 2008 and January 2009, not that I do, but you can. But it is the policies that Obama has offered that caused the crisis. From the Stimulus spending, to nationalized health care, cap and trade, the budget passed to finish out the year, and the volumes of other money promised to the many. Not to mention the decision to close Gitmo before there was a plan. He keeps leaping, hurrying, condemning, taking over, with out fixing the fundamentals, and telling us that everything is going to be ok, jobs are coming. It will not happen, human nature says if you have anything left, hunker down, withdraw, and protect. 

No business person in their right mind would expand or hire, no citizen should spend a penny on a credit card that can&#039;t be paid off at the end of the month. 

If his monetary policies aren&#039;t crazy enough, the guy can&#039;t decide who is a friend and who is a foe. He must believe the talking heads, that every problem we have internationally is the fault of Bush, so Obama does the opposite. I feel like I&#039;m going crazy, trying to figure out who this guy our President is. 

Do any of the writers on the left think Obama is crazy?</description>
		<content:encoded><![CDATA[<p>I don&#8217;t know how bad the economy is going to get, but I know for sure that there is a CRISIS OF CONFIDENCE. You can blame the whole thing on Bush, the down turn that happened between September 2008 and January 2009, not that I do, but you can. But it is the policies that Obama has offered that caused the crisis. From the Stimulus spending, to nationalized health care, cap and trade, the budget passed to finish out the year, and the volumes of other money promised to the many. Not to mention the decision to close Gitmo before there was a plan. He keeps leaping, hurrying, condemning, taking over, with out fixing the fundamentals, and telling us that everything is going to be ok, jobs are coming. It will not happen, human nature says if you have anything left, hunker down, withdraw, and protect. </p>
<p>No business person in their right mind would expand or hire, no citizen should spend a penny on a credit card that can&#8217;t be paid off at the end of the month. </p>
<p>If his monetary policies aren&#8217;t crazy enough, the guy can&#8217;t decide who is a friend and who is a foe. He must believe the talking heads, that every problem we have internationally is the fault of Bush, so Obama does the opposite. I feel like I&#8217;m going crazy, trying to figure out who this guy our President is. </p>
<p>Do any of the writers on the left think Obama is crazy?</p>
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		<title>By: KauaiBoy</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473787</link>
		<dc:creator>KauaiBoy</dc:creator>
		<pubDate>Mon, 06 Jul 2009 21:32:18 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473787</guid>
		<description>OK--so who needs more proof that the Democrats are completely incompetent and corrupt---and their cronies across the aisle are no better, although they do put up a stink when cornered.

This government is so broken that the best course of action would be to not allow them back into Congress after their next recess. A mob should descend on Washington and exercising their first and second amendment rights, prevent the returning miscreants from entering. Give them the choice of going home or to G Bay. Then tell each state to send new representatives---one teacher, one doctor, one nurse, one construction worker and yes even one lawyer and so on and so on, until a truly representative government is formed. They can then use the newly crafted legislation to see what is good and what is bad and enact responsible and responsive legislation. And then hold trials for all the former congress critters for gross negligence at a minimum.

Unfortunately, this country is too focused on making a freak pedophile into a saint.</description>
		<content:encoded><![CDATA[<p>OK&#8211;so who needs more proof that the Democrats are completely incompetent and corrupt&#8212;and their cronies across the aisle are no better, although they do put up a stink when cornered.</p>
<p>This government is so broken that the best course of action would be to not allow them back into Congress after their next recess. A mob should descend on Washington and exercising their first and second amendment rights, prevent the returning miscreants from entering. Give them the choice of going home or to G Bay. Then tell each state to send new representatives&#8212;one teacher, one doctor, one nurse, one construction worker and yes even one lawyer and so on and so on, until a truly representative government is formed. They can then use the newly crafted legislation to see what is good and what is bad and enact responsible and responsive legislation. And then hold trials for all the former congress critters for gross negligence at a minimum.</p>
<p>Unfortunately, this country is too focused on making a freak pedophile into a saint.</p>
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		<title>By: &#187; Financial News Update - 07/06/09 NoisyRoom.net: â€œExtremism in the defense of liberty is no vice. Moderation in the face of tyranny is no virtue.â€ Barry Goldwater</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473773</link>
		<dc:creator>&#187; Financial News Update - 07/06/09 NoisyRoom.net: â€œExtremism in the defense of liberty is no vice. Moderation in the face of tyranny is no virtue.â€ Barry Goldwater</dc:creator>
		<pubDate>Mon, 06 Jul 2009 21:12:25 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473773</guid>
		<description>[...] VP Biden Admits Stimulus Bill Was Never Going To Stimulate Jobs This Year [...]</description>
		<content:encoded><![CDATA[<p>[...] VP Biden Admits Stimulus Bill Was Never Going To Stimulate Jobs This Year [...]</p>
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		<title>By: Neo</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473769</link>
		<dc:creator>Neo</dc:creator>
		<pubDate>Mon, 06 Jul 2009 16:07:04 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473769</guid>
		<description>The &quot;misreading of just how bad an economy we inherited&quot; will setup things for the &quot;misreading of just how expense Obama-care would be&quot;, so moderates can cover their a$$es later when they simply lie about the costs now.</description>
		<content:encoded><![CDATA[<p>The &#8220;misreading of just how bad an economy we inherited&#8221; will setup things for the &#8220;misreading of just how expense Obama-care would be&#8221;, so moderates can cover their a$$es later when they simply lie about the costs now.</p>
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		<title>By: daniel ortega</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473768</link>
		<dc:creator>daniel ortega</dc:creator>
		<pubDate>Mon, 06 Jul 2009 15:36:27 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473768</guid>
		<description>The Rasmussen president tracking poll is now negative for every day
last week. But I wonder about Mrs. Palin.

I have read some things that say she has committed suicide and
other things say she will really fight now. But I think a lot of people
who vote, and I mean a lot don&#039;t read blogs or the newspapers or
even watch TV news.

These kind of voters will be easy to tell that Mrs. Palin is a &quot;quitter&quot;
and the charge will stick. 

I guess she could answer back that she has more experience than
the  Obama had when he was elected, but I do  not think
that will win the argument.

What will happen for her?</description>
		<content:encoded><![CDATA[<p>The Rasmussen president tracking poll is now negative for every day<br />
last week. But I wonder about Mrs. Palin.</p>
<p>I have read some things that say she has committed suicide and<br />
other things say she will really fight now. But I think a lot of people<br />
who vote, and I mean a lot don&#8217;t read blogs or the newspapers or<br />
even watch TV news.</p>
<p>These kind of voters will be easy to tell that Mrs. Palin is a &#8220;quitter&#8221;<br />
and the charge will stick. </p>
<p>I guess she could answer back that she has more experience than<br />
the  Obama had when he was elected, but I do  not think<br />
that will win the argument.</p>
<p>What will happen for her?</p>
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		<title>By: WWS</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473711</link>
		<dc:creator>WWS</dc:creator>
		<pubDate>Mon, 06 Jul 2009 13:37:54 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473711</guid>
		<description>Biden and everyone else misses the point of why it was so critical to get the stimulus right the first time.  The *real* danger which called for a stimulus was that we didn&#039;t dare let unemployment go over 10%, because that&#039;s about the point where the negative reinforcement becomes self sustaining and a decade long disaster would be inevitable.  

By passing a false &quot;stimulus&quot; which actually did nothing to stop the decline when it still could be stopped, this government has guaranteed economic disaster.  There is no point to a &quot;second stimulus&quot;, which Krugman wants.  It also now doesn&#039;t matter that the first &quot;stimulus&quot; is going to begin to spend money.   It is too late for the damage to be stopped - it is akin to adding plasma to an accident victim after he&#039;s bled to death.  And really, how many jobs are going to be created by &quot;broadband internet access&quot;?   Sure, it&#039;s a nice idea, but seriously, is that the kind of thing that is going to make even one job?  Productive people already have such a thing - and unemployed people are not going to be helped by it.  The so-called &quot;stimulus&quot; is nothing but a pile of these jobless giveaways piled on top of each other.

What&#039;s worse, any attempt at a second stimulus will bust the dollar, spike interest rates, and cause for more economic damage than it helps.  

We are on a nose dive into an economic black hole, and there is now no way out.</description>
		<content:encoded><![CDATA[<p>Biden and everyone else misses the point of why it was so critical to get the stimulus right the first time.  The *real* danger which called for a stimulus was that we didn&#8217;t dare let unemployment go over 10%, because that&#8217;s about the point where the negative reinforcement becomes self sustaining and a decade long disaster would be inevitable.  </p>
<p>By passing a false &#8220;stimulus&#8221; which actually did nothing to stop the decline when it still could be stopped, this government has guaranteed economic disaster.  There is no point to a &#8220;second stimulus&#8221;, which Krugman wants.  It also now doesn&#8217;t matter that the first &#8220;stimulus&#8221; is going to begin to spend money.   It is too late for the damage to be stopped &#8211; it is akin to adding plasma to an accident victim after he&#8217;s bled to death.  And really, how many jobs are going to be created by &#8220;broadband internet access&#8221;?   Sure, it&#8217;s a nice idea, but seriously, is that the kind of thing that is going to make even one job?  Productive people already have such a thing &#8211; and unemployed people are not going to be helped by it.  The so-called &#8220;stimulus&#8221; is nothing but a pile of these jobless giveaways piled on top of each other.</p>
<p>What&#8217;s worse, any attempt at a second stimulus will bust the dollar, spike interest rates, and cause for more economic damage than it helps.  </p>
<p>We are on a nose dive into an economic black hole, and there is now no way out.</p>
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		<title>By: COACHEP &#187; Blog Archive &#187; Posts about Pelosi as of July 5, 2009</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473619</link>
		<dc:creator>COACHEP &#187; Blog Archive &#187; Posts about Pelosi as of July 5, 2009</dc:creator>
		<pubDate>Mon, 06 Jul 2009 04:12:25 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473619</guid>
		<description>[...] man of experience. No, itâ€™s because Joe has trouble shading the truth. He is no good at spin   VP Biden Admits Stimulus Bill Was Never Going To Stimulate Jobs This Year - strata-sphere.com 07/05/2009 Most people knew that Vice President Joe Biden would be one of [...]</description>
		<content:encoded><![CDATA[<p>[...] man of experience. No, itâ€™s because Joe has trouble shading the truth. He is no good at spin   VP Biden Admits Stimulus Bill Was Never Going To Stimulate Jobs This Year &#8211; strata-sphere.com 07/05/2009 Most people knew that Vice President Joe Biden would be one of [...]</p>
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		<title>By: COACHEP &#187; Blog Archive &#187; VP Biden Admits Stimulus Bill Was Never Going to Stimulate Jobs this Year</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473612</link>
		<dc:creator>COACHEP &#187; Blog Archive &#187; VP Biden Admits Stimulus Bill Was Never Going to Stimulate Jobs this Year</dc:creator>
		<pubDate>Mon, 06 Jul 2009 03:44:12 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473612</guid>
		<description>[...] AJStrata Most people knew that Vice President Joe Biden would be one of President Obamaâ€™s major handicaps [...]</description>
		<content:encoded><![CDATA[<p>[...] AJStrata Most people knew that Vice President Joe Biden would be one of President Obamaâ€™s major handicaps [...]</p>
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		<title>By: The Anchoress â€” A First Things Blog</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473611</link>
		<dc:creator>The Anchoress â€” A First Things Blog</dc:creator>
		<pubDate>Mon, 06 Jul 2009 03:41:31 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473611</guid>
		<description>[...] and performed under a big, flashing red sign that screams, &#8220;emergency; no time to discuss, no time to read, no time for bothersome procedure&#8230;just do what I want, and trust me, we&#8217;ll be [...]</description>
		<content:encoded><![CDATA[<p>[...] and performed under a big, flashing red sign that screams, &#8220;emergency; no time to discuss, no time to read, no time for bothersome procedure&#8230;just do what I want, and trust me, we&#8217;ll be [...]</p>
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		<title>By: Obamanomics: VP Joe Biden Admits They (Obama) Misread the Economy &#38; Pork Stimulus Bill was Never Going to Create Jobs this Year &#124; Scared Monkeys</title>
		<link>http://strata-sphere.com/blog/index.php/archives/9753/comment-page-1#comment-473570</link>
		<dc:creator>Obamanomics: VP Joe Biden Admits They (Obama) Misread the Economy &#38; Pork Stimulus Bill was Never Going to Create Jobs this Year &#124; Scared Monkeys</dc:creator>
		<pubDate>Mon, 06 Jul 2009 02:17:04 +0000</pubDate>
		<guid isPermaLink="false">http://strata-sphere.com/blog/?p=9753#comment-473570</guid>
		<description>[...] stated at The Strata-Sphere, Biden all but admitted that the $787 billion liberal pork stimulus package passed in February was [...]</description>
		<content:encoded><![CDATA[<p>[...] stated at The Strata-Sphere, Biden all but admitted that the $787 billion liberal pork stimulus package passed in February was [...]</p>
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