Goal: Stimulus Package on Obama’s Desk by Jan. 20

The 500 billion cost of the stimulus package also adds at least the same amount to the deficit. Is it wise to keep piling up debt?

I hope Obama get’s lucky…I’m betting he won’t so I’m planning ahead.
Let’s see what the world thinks of the mess. If they disconnect, Moses couldn’t stop the plague that’s coming.

Well gee, didn’t Obama promise to pay for our gas and our mortgages? That’s what some of his supporters thought. Now it’s time to pay up.

Obama and the democrats are just as clueless as Bush! You cannot build a country on social programs as Bush did and Obama will greatly escalate. Economies are built on production of goods and services that are sold around the world. You are seeing the end of America as we have known it and the dollar will greatly fall by summer ’09 and gold will sky rocket with massive inflation finishing off this land of ignorant leaders.

Typical Democrat, spend spend spend, the first package didn’t work, he could at least learn from the past if he can’t bring anything new to the table.
His supporters will be very disappointed with this, they are expecting houses and never to work again.

Oh goodie another $600. That will cover groceries for two weeks! THEN WHAT!!! While Obama bails out the auto industry the Wall St. banksters, he lets the housing industry put more families on the street HOMELESS and threatens to shut down half of the countries energy supply while reinvading Pakistan and Afghanistan. Oh Jimmy Carter, how we all missed you SO much!!! More Bailouts for Billionaires, welfare for the wealthy and everybody else wil “have to eat cake”, and learn to like it! Don’t criticize Obama, he and his supporters can’t take it. No wonder he filled his cabinet with the vindictive and corrupt Clinton cronies. They forced the lenders to lend to people who can’t pay and brought the housing and stock market down. What’s next for the Socialist and their fellow thieves! MORE robbing and preadatory actions from the wealthy on the backs of the poor and the middle class I see…

There will always be a deficit.
- Money is nothing… its created out of thin air and has no value but the worth you put into it… its not even backed by gold anymore.
- Money is borrowed by the Federal Reserve …. AKA BANKERS!
- The Money is borrowed with interest…
- Money is created out of thin air, borrowed with interest, and NEVER can be paid back… The money to pay back the INTEREST simply does not exist. For every 100 dollars created there are 110 dollars owed back… so because the 10 extra dollars never existed in the first place we will always have debt… Taxes, Inflation, Wall Street, etc. … they are all ploys of a monetary system to give the government control… we are paid slaves… in debt…. and owned by that debt… which in turn can only be paid through LABOR to secure the establishment and statuesque.

Bush’s tax cuts were such a childish idea. Spend, spend, spend . . . cut taxes and leave the mess for somebody else.
Here’s how the Republicans ran the government.
REPUBLICAN GOVERNMENT
$421 Billion OVER BUDGET (2002)
$555 Billion OVER BUDGET (2003)
$596 Billion OVER BUDGET (2004)
$554 Billion OVER BUDGET (2005)
$574 Billion OVER BUDGET (2006)
This included RECORD overspending.
And the Republicans had the nerve during the election to try to label the Democrats as “overspenders of your hard earned tax dollars”.

This guy looks like a freakin’ dictator. There will be unbelievable strings attached. Don’t buy into this con artist and snake oil salesman’s talks. He’s so high on his own ego, he thinks he can create gold out of hot air, which has so much of. He doesn’t have a clue about where capital actually comes from because he believes he owns America’s money.

Both conservative and liberal economists say that the way we get out of this deep recession is to spend our way out of it with programs to create jobs.
Until we get out of this recession, deficits will not matter.
The tax cuts for the wealthy are destined to expire on January 11th. That extra revenue will help to balance the budget. Plus hopefully we will be out of Iraq by then too which will save money.

Let the man do what a man got to do. set back and ride we been riding this long

Let’s see. The republicans, via their conservative money policies have managed to increase our indebtedness about 4 trillion dollars over the past 8 years, not including the trillion or so of uncontrolled spending to bail out their buddies on wall street. During this time they also decreased taxation on the poor misunderstood and striving rich people. They also dumbed down a goodly portion of our electorate by giving them a paltry couple of checks for their part in the tax cut bonanza and the idiotic stimulus package. Republicans/conservatives/neocons/whatever, quite naturally, did not object to the overspending, nor raise an issue of the budget, fiscal responsibility, or any of those other catch phrases that they so love to employ WHEN SOMEBODY ELSE ID SPENDING THE MONEY.
So now, we have a newly elected President that will take the helm, or what’s left of it after the bailout and other fiascos, and he has the audacity to suggest that we spend a relatively paltry 500 billion on our roads, bridges, electric generation and transmission infrastructures that will do, of all things, create millions of jobs and produce something tangable and beneficial to the country.
Of all the nerve!

lets hope the bush adm. continues to “dither” because if they did anything
it would surely be a mess for the american people.
everybody knows after this eight years what kind of shape our country is in.
someone has to try and do something to correct this.
for all of the anti-obama people on here
should we be looking to someone in the republican party to get us out of this mess?
or do we give obama a chance?
something has to be done, the bush people have proven they cannot,
also, it will be the final death nail for the republicans in two years if they try to block anything that is tried.
someone has to step up to the plate and try something.
bush has struck out.
lets give obama a try.

The cost of the stimulus package doesn’t necessarily increase the deficit.
You have to realize “now” isn’t the epicenter of economic theory.
It is as predictive as it is cumulative. This means that when you have debt, you have to accumulate enough wealth to satisfy that deficit. Then if you can stimulate the movement of assets, you can guard against future liability.
Stimulus, meaning getting people and institutions (mostly people, really!) to spend money increases the economy which creates opportunity and then product and then sales which equals means and ability to purchase… and so it goes … to a lowered deficit.
Simply — stimulus is good. Don’t be afraid, spend some money.
Kiss your kids, sleep well, breath in and sigh contentedly.
peace

Yes the Depression will be over for the
the world in 18 months …….
because if its not over we will have
spent so much they will have to come
up with a new name for what we
have dug ourselves into…..no joke

swin5,
I’d much rather live in Pittsburgh than China. It’s a terribly smoggy place and you nor I could be complaining about our government.
Though, man! Building that tunnel does seem really stupid!

So Billionaires get Billions more of taxpayer dollars, when they pay NO taxes and set up tax havens overseas. Meanwhile our debit and deficit skyrocket so we can spend another $600 on our consumer debts that exceed in most cases into the thousands. And that’s if your haven’t lost all of your retirement in the stock market or in you home or property value in this already two year recession. Like Jimmy Carter before him, Obama is being sent in to finish us off!!! And he he’s happily putting more gasoline on the inferno. And if you disagree with anything he does, you are villified if your lucky and attacked maliciously if your not, just like the Clintons. No wonder he’s recruited all of Bill and Hill’s enforcers into his camp. Some “CHANGE”, eh? Chump Change at that!

To ‘please’
Before you dump on Jimmy Carter, consider the following:
1. During his four years in office he nearly balanced the budget each year.
2. The bill for the Vietnam War and the Great Society came due, setting off double digit inflation. Jimmy Carter appointed Paul Volker to the Federal Reserve and Volker did the one thing necessary to reign in inflation and deficit spending – he raised interest rates, and it worked, but not until Reagan took office, and Reagan got the credit, not Carter.
3, Carter warned us of the danger of our oil dependency – did we listen? Consider how today’s crisis actually started with $4 gasoline.
4. The high interest rates of that period reduced the amount of borrowing – given that today we have a crisis because of the debt we’ve run up, anything that reduces borrowing looks pretty good to me.

Gotta love it. He’s already doing a lot of what I expected. Pay back a lot of the rich by waiting to repeal the tax rate but no mention yet of middle class tax relief. Come up with plans to pay money to unions and to “green” companies like Al Gore’s carbon credit trading company, and set the stage for breaking promises to do so with “a lot of difficult decisions.” I hope I’m wrong but it looks like the overtures are much as expected so far.

stringer,
the last stim. check was backed by a fool-who along with his crew are trying now to sneak out of the back door.
and “paulie, you are doing a great job”
just like brownie did.
and to please!
i am glad you admit george bush has almost done us in. you are right.
but obama is not coming to finish us off.
anything obama does will be a help.

well, like it or not, at least he’s busier than what’s his face….you know, GWB. How much will that village idiot acomplish during his trip to Peru and the rest of his days in ofice anyway?.

accomplish?
Lets just hope he gets lost for a few days in one of the mansions there.
and by the time they find him the meeting will be over.

WestCoastMessenger,
I’m so glad someone else actually takes out the calculator to those stupid chain emails that go out. There was another that claimed the 700 bil bailout would give every tax payer over 400 grand if it was split equally. Snopes, people.

Well, even though I am a Republican-leaning independent voter – I have to applaud Obama’s plan of job creation in a vitally needed area: our long-neglected infrastructure. Jobs created for projects too long neglected.
Kudos to the president elect!

would you believe that bush is still trying to open free trade with more countries—–we are now on our knees and he wants rto chop off our heads—–this foreign trade crap has got to get under controll ,or we will all be very poor—-ALL BUT THE TOP 5% MAKING ALL THE MONEY ON IMPORTS—OUR GOVERNMENT SEEMS TO HAVE GONE TOTALLY CRAZY.

jubilee,
Why in the world would you still be republican leaning?
the republican brand started to go bad in 2000. why would you still want to have anything to do with what they have to sell?
every aspect of the average american citizen life-has been affected in a negative way with what george bush and crew have done.
what is it that you would be leaning to them for?

Here is the problem with Jubilee plan that he/she thought about for 30 seconds.
Ring ring,hello Jubilee speaking.
Hi Jubilee this is your landlord. I’m raising your rent.
What? How much?
I’m raising it from 500.00 a month to 10,000.00 a month. BTW, better hurry, the price of gas just went to 20.00 a gallon.

Hey Rodney….do you run all over your town to find the most expensive gas…the most expensive milk,… the most expensive cup of coffee?

all the stimulus will only help temporary—–it is all the jobs that are gone and the massive trade deficit—-thanks to the last 16 years of corrupt government—-try to stop nafta and china trade agreemnents now—-people like wallmart are cleaning up all the money,and selling you junk.and doing it on your lost jobs.

The bottom line is jobs, retention and creation. Giving out free money is dumb. It was dumb before and it is dumb for the future. Anyone who isn’t working, find them a job. You can’t get hired to be the CEO of a company with no experience. If you lost your job…start over. Won’t get a job and can’t get a job are 2 different things. Live off your job…not the gov’t. This country is becoming a ‘gimme, gimme and gimme more’ country. When all the help wanted signs are taken down, then complain.

THAT’S IT!!! Jubilee and Kara..you guys’ comments are the ONLY 2 comments that I’ve read that makes all the sense in the world, REALLY!….these 2 comments should be put on Barack’s desk ASAP..PDQ QF and IADH! (pretty damn quick) (quickfast)and (in a damn hurry)Just these 2…THAT’S IT!!!…well maybe 3 counting my follow up comment of…HECK YEAH!

There is no shortage on oil. Think about it people God created this world! He knew how many people would populate it. He knows how many resources we would need, He surely did not create a lack of anything. It is just the greedy people controlling everything that has created need and lack, and are causing all this economic mess. While we are are struggling. They are prospering . This economic mess didn’t just happen it was planned.

I cant wait to recive this money I really need it and hopefully this year will be better than last year when thing were really tough! GO OBAMA

we must build factories buy american only end nafta give every american 200.000 problem solved

Go OBAMA !! Before you got elected I had great FAITH that you would be selected our next best president, no doubt.. I know that GOD will use you to help get most of the mess cleaned up in the USA. There could be no better choice than to have you selected as the United States of America president 2009. You are honest and said that it won’t be easy but you assured us that together we CAN make the change and we WILL.. God bless you, your family, the troops who fight and suffer for our country in the name of Jesus, AMEN!! P.S. Democrats are the BEST !!

I can’t believe us as Americans are sitting back and letting our Congress do this. They are OUR representatives. They are public SERVANTS. They should be working for our best interest. Do you realize there is over $4B going to ACORN in this bill. Hmmmm…if I remember the debates right…Obama said over and over he didn’t have dealings with ACORN. YEA RIGHT!!! The $4B is a “thank you” for the voter fraud that helped get the liar elected!
There are many other “hand-outs” that are buried in this bill and there is nothing that can be done about it.
Someone in a previous post mentioned that not keeping jobs in the US was hurting future generations. Do you not think creating this obscene debt will hurt generation after generation to come?
Another gentleman said thank God for Obama. Sir, I’m not sure what God you serve but obviously its not the same one. I read and follow the example and commandments given in the Holy Bible and Obama does not seem to be a follower. I pray for this nation. I pray for our “leaders”. I pray that something will happen so they might look to God for answers and restore some descency and good ‘ol fashion common sense thinking back into our Congress as well as the American society as a whole.

The American Working PEOPLE have suffered long enough while “most” politicians are kicking-it-up five days out of seven. Their two-day work week, limo services, extravagent benefits, etc. MUST CEASE! The cut-backs should begin in D.C. (i.e. jobs, salaries, benefits). And Obama’s “Strangulation Package” will drive America to the point that we have to depend on other countries to keep us up. That means they’ll tell us what we can and can’t do. GOD did not bless this country for man to corrode its value and morals. Folks, those that are guilty of doing wrong will pay dearly…and Hell doesn’t have a bail-out plan!

Ok here is the deal I have said it once and I will say it again.. WE NEED A WOMAN in office.. sometimes I wonder (no offence ar anything) if all men have been dropped on there dam heads.. What the hell is everyone afraid that a woman will go menapausle and blow up Iraq. Come on people I mean yea we have had some good guys in office but dam a woman would kick ass Im sorry but they would..