RSS Feed for Economic StimulusCategory: Economic Stimulus

The Numbers Just Don’t Add Up »

Or rather, they continue to not add up. First it was the massive Stimulus money hole, Solyndra, courtesy of Obama paying off his big donors, a recurring theme with him; then it was the bogus Unemployment Numbers pushed by the President and the Democrats; can’t forget about the missing $1.2 Billion Obama’s and Biden’s good [...]

Harry Reid And Joe Biden Have Gone Off The Deep End »

Seriously. I don’t know what he and Joe Biden are smoking or drinking these days, but they need to stop. They are just making idiots of themselves in public on our dimes. First to Senate Majority Leader Harry Reid. Reid has declared that the problem with unemployment isn’t the lack of private sector jobs. Nope, [...]

While We Were Distracted This Week By Faux Outrage Over Rhetoric »

What did we miss in the news? Well, a bunch of things, actually. And perhaps this is why this whole ginned up “civility” discussion has been the primary focus of the talking heads. I hasten to add, the stories of the six victims in Tucson, Judge John Roll, Christina Taylor Green, Giffords Aide Gabe Zimmerman, [...]

Joe Biden Has To Deliver the Bad News »

Sometimes I feel sorry for Joe Biden. Our Vice President has to get out there every day and deliver the talking points. He pretends what is bad is good and makes policies we knew wouldn’t work sound like the greatest thing since sliced bread. I guess it goes with the territory. No wonder he wanted [...]

What’s In The Water In The House?? »

I had a whole other post ready this morning, and then I saw my “illustrious” representative, Jim Clyburn on the tee-vee, talking about Alvin Greene, the certified Democratic Senate candidate from the state of South Carolina. I mentioned the other day that Rep. Clyburn was asserting that Alvin Greene is a plant. He expounds upon [...]

In Growing Numbers, We Feel Alienated from Our Own Government – Peggy Noonan and Jane Hamsher Explain … »

If anyone wonders why 24% of the population identify with the Tea Party movement, or what prompted Jane Hampsher of FireDogLake to note that Progressivism Is Dead, while expressing fury at being sold out to corporate oligarchs and government elite, look no further than Peggy Noonan’s WSJ piece, The Big Alienation, which aptly describes the [...]

President Obama Wants YOU to Make Hard Choices »

President Obama made a visit to Ottumwa, Iowa Wednesday. As reported by Jake Tapper on ABC’s Political Punch: “We’re going to have to make some tough choices” about the deficit and national debt, President Obama said to a crowded gymnasium full of supporters at Indian Hills Community College, after a lengthy riff on how the [...]

VP Biden aka “Carnac” Makes a Prediction on Jobs »

On Friday’s Political Punch, it was reported that Vice President Biden Predicts Massive Job Growth in Coming Months: Usually the Obama administration downplays expectations for job growth, but apparently Vice President Joe Biden didn’t get the memo – or he did, but just blew it off. Well, it wouldn’t be the first time our loquacious [...]

MSM and Pundits Claim These Citizens Would Never Be Tea Partiers… »

Tea partiers have pundits and politicians heads spinning. The movement keeps growing. The defy description or easy characterization. First insulted with the sexual slur “teabaggers,” called racist, extremist, angry white men and every other nasty name in the book, recent polling has determined they are quite representative of American demographics, many are well educated and [...]

Are You “Tea Party” Angry? »

Who’s afraid of a little Tea Party? Everyone, fortunately. So says Kevin O’Brien of The Cleveland Plain Dealer, who correctly points out that while Tea Partiers may lean conservative, they are filled with more anti-incumbent fever (for both sides) than anyone would care to admit: Democratic officeholders should be afraid. Republican officeholders, too. For many [...]

Clunker Goals Get Clunker Results [GDP Update] – Open Thread »

(Bumped up from Saturday and with revised GDP update) Trashing a vehicle is pretty easy to do. Of course, if your goal was to to have fun and still be able to drive home at the end of the day, then breaking an axle can only be counted as a very costly mistake. The kind [...]

Would An Abacus Help To Accurately Count Jobs “Recovered”? »

Recently, Vice President Biden reported that the Stimulus Program had created a huge number of jobs. If you have 41 minutes to spend to watch him – what the hell is the matter with you?? Oh, no wait – sorry. Ahem. I meant to say, if you have the time, you can watch Biden announce [...]

Obama and Pelosi Ram through Health Care, Ignoring “The Urgency of Now” on J.O.B.S.… »

Just before midnight Saturday, the House rammed through the 2,000 page monstrosity laughingly known as the health care bill. I’d say they did it under cover of night, reneging on a promise of a 72-hour waiting period. Again, who read this thing? How much arm twisting was involved to prevail in this close vote of [...]

Second Stimulus Speculation Submarining Bonds and Supporting Gold »

What are the biggest stories in the market today? Consider the following . . . 1. Warren Buffett makes his single largest acquisition ever with the $34 billion purchase of Burlington Northern 2. Ford posts surprisingly strong auto sales 3. Royal Bank of Scotland becomes the biggest banking bailout yet with another injection of capital [...]

“Grossly Distorted Product” or “Christmas in July” »

What is the real economy doing? While yesterday’s GDP printed a surprisingly strong 3.5%, are we to take that on face value? If we care to most effectively navigate the economic landscape, we should dig a little deeper. A full 2.2% of the 3.5% rise was directly correlated to Uncle Sam’s support of the auto [...]