Feb
15
2009
Update: Lord Save Us! Despite the enormous size of the $787 billion stimulus plan, some economists worry that it won’t make a big enough dent in unemployment and that lawmakers will have to work on another stimulus in short order — something members of Congress are loathe to discuss.
Feb
14
2009
Spendulus has passed. America as seen the largest theft of money by ideologues in its history. No war ever caused this to happen. And the so called ‘stimulus bill’ has very little real stimulus in it. What there is is not enough to turn the economy around, and the spending doesn’t really kick in until […]
Feb
13
2009
Forget about millions or billions or trillions, most people cannot get their minds around these numbers. But percentages can be related to. So as the economy grows we can support more debt as a PERCENTAGE of our Gross Domestic Product. Basically, we can loan ourselves a few percent each year to deal with some challenges. […]
Feb
13
2009
I have to say that anyone who sat out the last election because McCain was not conservative enough for them is pretty much an idiot. Sorry – but anyone who allowed Obama and the Dems to take control by sitting out the election in a fit is just as responsible for the coming mess as […]
Feb
12
2009
This is nuts. The economy may be rebounding a bit days before we go mortgage the next two generations with debt at the alter of liberal pork spending: Sales at U.S. retailers unexpectedly halted a record six-month slide in January, an advance that may not be sustained as job losses climb. The 1 percent increase […]
Feb
11
2009
Oh for Pete’s sake, is this all we get from all the Chicken Little cries emanating from DC? It includes Obama’s signature “Making Work Pay” tax credit for 95 percent of workers, though negotiators agreed to trim the credit to $400 a year instead of $500 — or $800 for married couples, cut from Obama’s […]
Feb
11
2009
Final Update: Jennifer Rubin has probably summarized the result of the stimulus bill the best today: The president seems likely to win the battle but lose the argument — and the war. The battle is the stimulus bill which passed the Senate on Tuesday and will clear the conference committee this week. But the argument […]
Feb
11
2009
 Someone explain to me again why I have to mortgage the finances of my children and grand children for this insane stimulus bill – which does everything BUT stimulus? What is the emergency here – when this is what we are buying! But the money won’t just go to buy fuel-efficient hybrids such as […]
Feb
09
2009
Major Update: Finally, the Washington Post has exposed the major fraud behind the fake panic to get a bill quickly, when in fact we could wait weeks since the Federal Acquisition infrastructure is in no position to absorb this much spending all at once: The Obama administration’s economic stimulus plan could end up wasting billions of dollars […]
Feb
09
2009
OK, I find it very disturbing when I think I understand the top issues of the day, and then I found out I was in the dark and off the mark by a factor of ten. And when we talk bailout bills being off by 10 is scary. First we had the bank bail out […]