In Weekly Radio Address, PEBO Provides More Details on Economic Recovery Plan

I present the 2008 Bill of Rights
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their individuality with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness. Prudence, indeed, will dictate that governments long established should not be changed for light and transient causes; and accordingly all experience hath shown that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same object evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security. –Such has been the patient sufferance of these United States peoples; and such is now the necessity which constrains them to alter their former systems of government. The history of the present United States of America is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute corporate power over these states. To prove this, let facts be submitted to a candid world.
Congress has refused his assent to laws, the most wholesome and necessary for the public good.

According to CNN those infrastructure plans may create 1.8 million jobs right away.
That would be good.

“Obama is a disaster.”
After the Bush Presidency, you’d like to make this pronouncement about a man who hasn’t even been sworn-in yet?
MUAHAHAHAHAHAHAHA!

WOW, a President of positive action. Now there’s a novel idea.

Mr. Obama will be one of the most cautious and weakest President our country will have ever known.

I’ll bet he can walk on water too.

Almost like a real President. But government spending programs are not a real economy.

Not as long as that train wreck Bush is in office.

Get him Ed Smith

Did I understand this video correctly? The new plan for 1.8 million people is to put fluorescent bulbs in Federal Buildings. Strange, all the Fed buildings, State buildings, City, and County buildings I have been in have tubular fluorescent light fixtures in the ceilings and people work under them in cubicles. Even private offices have tubular fluorescent bulbs. The White House may not, but I am certain the cleaning staff can handle it if they haven’t accomplished the task already. Build new roads for gas guzzling cars full of deadly speed to kill that the American public cannot afford to buy? Those roads are blue collar construction jobs, and maybe a few engineers, but definitely not green collar. Are these roads going to be built for ease of transportation of the elite wealthy who can afford to buy cars? Rebuild schools? More construction jobs and where do you get the land and put the students? Go internet, haven’t you noticed but our electronics all come from Foreign Countries? Even the IT comes from India transplants or connections to Mumbai. Where are you getting these ideas from Mr. President Elect?

That’s it, Ed is right! What we do is take Reilly and the laid off Auto Workers and have them build new roads and bridges. Sounds like a plan. Instead of making 52.00 an hour they can make 15.00 an hour. Reilly gets to make minimum wage since he will be the crew lead.

Build roads? Keep us dependent on Fossil Fuel? Okay, build roads that are commuting routes from suburbs to the cities allowing only Electric Cars to use. I can afford an electric car. It may only go 25 miles an hour, but if I’m not caught up in the insane traffic where speed actually kills people and slows traffic to a crawl because someone going 60 mph had to get in front of someone going 59 mph I can get to the same place in the same time as all the idiots that play the speed game and break traffic laws. Why not build rapid transit across the suburbs to the cities? Use American Steel, resources, and people. Use solar powered cars, magnetics, etc. Build those green technology. Roads? Are you really that oblivious to green technology? Who is telling you these things. Fire Them! Think for yourself, read and learn. Talk to me mano to mano!

Bush is an idiot and doesn’t know what a computer is.

I hear that clancy49. Right there with ya!

How does Bush sound to you?

The President elect gives me hope. Priceless.

Obama transitions into McCain more each day. Every one of his plans thus far is McCain’s plan.
Now he “will” have an economic plan?
That’s funny- he had ALL the answers until the day afert the election. Then he had none.

I am so sick of people saying how Bush messed up. News flash people Clinton had all this going when he left office. Bush got caught up in it. Who signed for the tradeing and gave companies the ok to move out of the US to save money? I will give you a clue Clinton (not Bush). So Clinton had ok’d the bring in of cheaper goods and ok’d the buying of cheaper goods and guess what…..there goes the jobs. Most of the time they say that things are getting better…more jobs. I have 3 right now and still can’t keep food on the table and the house paid for and lights. Why you say cause my jobs that I had before left the US so they could get cheaper labor. I don’t know if the new president will be any good or a load of hot air. Lets remember he is from the same party as Clinton. He may finish selling us out.

Is the “save or create two and a half million jobs” over six months, a year or all four years? Because if it’s any longer than six months, it’s a low goal. And if the emphasisis on the “save”, which it probably is, then not much is going to “change”. There’s that word again.

“Hey young_voter
Would you rather have 1.8 million workers be paid to work or paid to sit home on welfare?”
Hey Ed
I’d rather have them at home than have to keep forking over $25 billion each year. I don’t owe them a living. They’ve gotten themselves into the predicament they’re in. Let them get themselves out of it.
I am sick of the UAW demanding twice the going rate for auto workers who work for 20-25 years and then retire on about 95% of their salary for the next 45 years.
And that’s what we’re supposed to bail out.
Stuff it.

Hey- who here thinks Bush took your freedoms away?

Huh?

Bush just thought he took freedoms away! Jokes on him!

If Obama and his transition team really cared about the economy, they would not have devised a plan to take all the money from our stock markets and corporations and give to his campaign.
I think PEBO’s transition team put together a well-crafted plan to bring the markets down so they could be elected. Then, they will put the money back where they want it, to make it look like they helped the economy.
I promise you that one day, the real truth will be revealed about this “grass roots” campaign. Then if you look at the bank accounts of his so-called supporters you will find they have all the money. Just look.

Cindy wrote: “I am so sick of people saying how Bush messed up. News flash people Clinton had all this going when he left office.”
“News flash?” Clinton left us with a budget SURPLUS. Bush had THAT going! But he’s spent over $5,000 Billion more than he’s taken in – as much as ALL previous Presidents put together – and now he’s worried about how prudent it is to spend $15B to rescue Detroit?
And the average middle class income rose against inflation during Clinton. Even before the recession and high gas prices, it had lost 3% against inflation under Bush.

I voted for Obama and now I see him for what he is “a big talker and little doer” I feel by him now like some felt about Sara Parlin, he is not ready to lead a country and we have made a big mistake putting him in there without more proof.

drjohn, Obama is very Smart not to let the Iraq mess become worse, inspite of the fact that he was opposed to it. You have to make the best of a bad situation, at any rate. And Obama knows thatvery whell. If we withdraw from Iraq precipitously,Iraq will crumble faster than a cookie.

Jake, Who’s side are you on and having President-Elect do more for the people than special interest and do more than any other President we have had. When the background offers more input from you than the message-one wonder’s; what is your point.

Sorry about that Rob5150. It’s pretty obvious I was not reading the posts correctly. :-)

Anyone heard that Sec of Treasury Paulson is in China???
Begging for more money from the Chinese gov’t???
America will be own by China!!!!!

Obama,is a joke .I feel sorry for the poor black working people who voted for him because he is black.
They think this guy is one of them.
This cat has never walked in their shoes and never will.Has his water,gas are lights ever been cut off.Get real people.

ENCOURAGE GLOBAL WARMING,,,,we need for the POLARizing
Bear
to
become
“EXTINCT”

Name ONE government program that is well-managed.
When the doctor is a quack, the cure is often worse than the disease.
Expect the d-crats to further politicize the bailout to favor their constituents just as they did with Freddie and Fannie – which led to massive mortgage defaults from unqualified borrowers which, clearly, is the root cause of the current financial crisis.
Expect a horrific mess that will last for a decade or more from the incompetent government intervention in financial markets.
The more people know about the US bailout efforts, the better. Unfortunately, the ignorant masses didn’t elect a leader who will actually reform the Washington mess and instead were mislead by the liberal media lies and propaganda into going with a shallow, arrogant, platitude-spouting, inexperienced, drug-addicted, elitist, Marxist, narcissistic, flip-flopping gas-bag who is so mentally deficient from extensive drug use he even has to plagiarize his hollow platitudes. Thus, it will only get worse — much, much worse.

Blah, blah, blah, he says the same thing every week, but has not offered a plan to do anything. He is soooo full of hot air.

If we had listened to Pres Carter three decades ago these things would already be done and would have save trillions of dollars by now. But Reagan came along, lied to us, and told us what we wanted to hear, proclaiming Carter’s conservation strategy heresy. Carter told us the truth and we hated him for it. Reagan lied to us and we loved him for it and we loved him for his senile Polyanna ‘feel-good’ pie-in-the-sky flim-flam counterfeit cornucopian World View. Because of Reagan and our own pernicious self-deceptions we lost three precious decades. We never seem to “get it” until the body bags are stacked to the ceiling.

I may have put the wrong name on my last post. I don’t have the post I was responding to check since it was removed. My apologies to Bo if it was someone else.

OH…..MY……GOD. Never in history has there been a President-elect so arrogant, so full of himself, that he started issuing policy statements from a faux Oval Office. This guy is making himself look like some kind of fool, and the people that supported him too. Only narcissists would have the gall to start acting as if they are President a full month before taking office. It’s almost bizarre.

Kat…”his” people refers to all who voted for him, nothing more.

Well, since he has nearly Bill’s entire “team”, I guess we can look forward to another Clinton presidency. I wonder what his team will implement this time. After all, Bill’s policy enforced by Pelosi’s bunch, is what caused the housing bubble in the first place. Hold onto your wallets folks, it ain’t gonna be pretty.

If I were President Bush I’d do nothing for the next 30 days … not a thing – let em fail and let more people lose their jobs too! Call it payback for not having enough sense to know OR care that you had a President who honestly just tried to keep you safe from extremist nutjobs and all you did was “dog him”. So – deal with it ..

My GOD! Is it only angry people who respond to these articles? Take some deep breaths… Obama won!

I read an article the other day that Americans do not know their history of America and how we got to be #1. We are 17th now. In reading the comments, this is truly the case. For all those diehard Republicans your party has been in control most of the last 30 years. Your Bush reversed a law that had been in the books for 100 years. This act enabled his friends on Wall Street to again take advantage of the not so well to do people of this country and sold $700 trillion in swaps iso offering insurance for these loans. The interesting point of the story now is what do Republicans think of their trickle down theory and their conservative views, as it is taking us into a depression.

Some congressman suggested suspending 08 federal income tax for all tax payers. Seems like a logical plan. Where would the people put their money? Banks! Helping out the banks. What would most people do with their money? Spend it! Helping the economy. Plus helping the group most screwed by the politicians.Tax Payers!
I’d like to hear more about this. Probably won’t. Politicians will kill this.

hey republicans, hows that steaming plate of big crow tasting today?
oh well ,theres always tomorrow…

Kat…since 99% of the people that live in the Chicago slums voted for Obama, I think it would be a very fitting backdrop. You know it is true, you can deny it, but you know it’s true.

More HOT AIR coming from the “Faux-val Office of the President-Elect”.
Where is all the money going to come from to put 2.5 million people back to work, Hmmmm?….
Banks are collapsing, foreclosures are mounting, businesses are laying-off employees, consumer spending is grinding to a halt, and he wants to hire 2.5 million people to build bridges, re-pave roads and install fluorescent light bulbs in public buildings?
All this does is shift money from one sector to another. This is nothing but “MAKE WORK”. This doesn’t CREATE wealth, PRODUCE a product or INVENT a new technology. This is dum-de-dum idleness….keeping people busy at activities that DON’T PRODUCE ANYTHING. How long can this sustain itself? Until the government runs out of tax dollars, then prints fiat money. Then inflation sets in….. Meanwhile, new businesses STILL can’t afford to start up or re-hire, people are broke from paying taxes, banks STILL aren’t lending…
This, students, is called a DEPRESSION….

Can I hear someone say ” The Great Depresssion Part II”?

Alex wrote: “Name ONE government program that is well-managed.”
The U.S. Postal Service.

David- But if you delete the bureaucracy, you could also delete the safeguards. You saw what happened when government got out of the way along with it’s regulations in contracting with the Iraq war. KBR, the susidiary of Cheney’s Haliburton, and the very infamous Blackwater took hold.

It is so sad that people aren’t even giving this guy a chance yet. damm it give him a chance, you gave that idiot 8 years so why not

cc- I believe Congress has been controlled by Democrats for all but 12 of the last 50 years.I don’t know why you guys keep forgetting that. Now infrastructure programs are great but they need to be paid for. How will that occur? The only way I know is to either go into more debt or stimulate the economy to increase tax revenue. These ideas are fine but just like when you build a house the bill and mortgage has to be paid. Now Democrats didn’t seem to think Bush should have increase the deficit over the last 8 years even though he had to pay for the afermath of 9/11, the tech bubble and subprime stimulas, the cost of hurricanes and other natural disasters and the war on terror. So it doesn’t seem that Dems know much about budgets. Either you increase the deficit, increase tax revenue by stimulating the economy or raise taxes. It would be nice to know how Obama plans on paying for these programs.

So how is this all to be paid for? If the government just prints more money then that is the wrong way to go as it will actually devalue the dollars which we currently hold meaning that those of us in the middle class (as referred to by Obama) moving us closer to the poor house. If they do it by raising taxes then where is that money coming from? What is to keep the so called rich from moving out of the country and setting up their business outside of the US? The only logical answer is to lower the tax rates across the boards and especially lower the corporate tax rates so that businesses and investors will create more jobs through the economy. Government jobs will not drive the economy as the money has to come from the government not the private sector. Lastly the government should not be running any business, do a Google search on “social security fund” and see how they have screwed that up over the years. As early as the late 40’s there was a massive surplus in the system which the prudent person would bank for times when the income to the fund would be less then the amount going out. The politicians decided that they would increase the benefits to eliminate the surplus so that they could garner votes in upcoming elections. They did this several more times over the years and now we are finally starting to realize that the Social Security fund will not be able to take care of the people who are now paying for it. The best thing to happen to the country would to see that the next 535 job losses are in Washington DC, but that won’t happen now for two more years. We need politicians who have actually run a successful business instead of career politicians who have been unable to successfully accomplish anything in congress. Look at the GSE’s as a prime example, while Fannie and Freddie were in the process of failing who was saying that there was no problem and taking money from their lobbyists, right Representative Frank and Senator Dodd, and they still think that they have done nothing to contribute to the problem. They blame the President but forget that Congress passes the bills to the president for his approval, where were the bills to rein in the policies of the GSE’s, oh that’s right Frank and Dodd made sure that they never made it out of committee to get voted on.

kat …
I don[t mean all the safeguards go with it.. we need them..but there is a line that needs to be drawn. prevailing wage is crazy.. nobody not in Calif do workers need to make 40 bucks an hour..
bunk houses for fire workers don’t need to cost 5 million dollars, a bridge don’t need to cost 5 million dollars.. I can build it for 1 million or less.. just don’t force me to pay 40 bucks an hour to a worker, and the liability of 40 thousand a year.. we need to tighten our belts.. so does the government.. S*

TVEddie- think you are missing a few zeros. It would cost 300,000,000,000,000. That is 300 trillion. But I often thought what if you gave everyone at age 25 1million. And they never get anything else from the government. No Social Security, no welfare, no medicare. No many people could do it and survive quite nicely. But many as we’ve seen with lottery winners would blow it in 6 months and then have their hand out again. And of course politicians would say the govt has to step and help them like Congress is doing to people who got stuck with mortgages when they couldn’t have afforded them in the first place. Interesting concept but you need a few more zeros.

obama is the best!!!

Why does he keep on saying “to save or create” 2.5M jobs? Which one is it?
If it is “save” then what follows in that paragraph:
“….so that the nearly two million Americans who’ve lost them know that they have a future.”
makes no sense…

Well….the videa shows we are about to pump money into the government pig trough, and all the piggies get fed. What about oil, coal, nuclear, recycling, mining, bio-fuel, bio-plastics, and what about Tesla motors ect. ect. I see a quagmire coming, inflation, and eventually another energy crisis. Oh well….I have a house overseas so….not my problem. LOL

Electronic medical records…..NOW do you folks understand why it’s important to punish snooping bureaucrats?
But, tying his health care, energy, education, and other initiatives to a jobs program is a masterstroke.

A lot of people think all the shrill, narrow comments represent the ‘anger’ of Republicans. It’s not anger, it’s fear. Obama is dismantling the Republican party one corrupt brick at a time. The Southern states are turning blue, and it’s not going to stop. Looks for Obama to keep his gains and flip Missouri, Arizona, and Georgia in the next election cycle. Twenty years ago, conservatives were educated thinkers, builders, and soldiers. Now they’re plumbers.

Why doesn’t Obama just have a President-Elect State Of The Union Speach before the congress-elect next week ? Why Wait ? Isn’t winning in Nov. and being inaugurated in Jan. enough for him ?

JoetheSoftwareArchitect writes, “Twenty years ago, conservatives were educated thinkers, builders, and soldiers. Now they’re plumbers.”
===================================
I have to disagree Joe. The root of conservatism is wealth. It manifests itself politically by having “haves” trick “have nots” into believing they actually SHARE the same views. How else would you get “Joe the Plumber” to vote for “economic” policies that won’t benefit him or his family? While the truly “affluent” create laws to protect their wealth they tell the “have-nots” that they care about guns, abortion, etc. Only one problem. If they actually DID anything about guns, abortion, etc what would “have-nots” conservatives RALLY behind? What would happen to the Republican Party if they actually started to vote based on issues that TRULY affect them or their family?