Deal or No Deal? Obama Poised for Pitched Stimulus Battle

Oink oink oink!
Anybody for this bill is a hack.

The Jobs report is promising to be a mess. The GOP is stalling. I suspect that Obama will win this one. The GOP have indicated in many ways that their salvation is in the Failure of Obama, and are doing everything they can to see that his Administration falis.
So much for thge GHop’s Country before Party theme.

If you total all the bailout money including federal reserve, World bank, bailout package and this stimulus bill the debt is near 9 trillion dollars. To bad the money wasn’t doled out to the taxpayers. We could have paid our bills, mortgages, shopped and put the money back to the economy and created our own jobs. No worse a plan than these others that are not working.

AS A INDEPENDENT I AGREE WITH THE MODERATE REP. AND DEM. GET RID OF THE PORK ONLY THINGS THAT WILL CREATE JOBS THATS IT AND IF THEY CAN GET RID OF PELOSI AND REID THINGS WOULD BE 100% BETTER WITHOUT THOSE TWO.

ALL ARE TO BLAME BOTH SIDES SHOULD HAVE SEEN THIS COMING THEIR ALL A BUNCH OF MORONS PLAIN AND SIMPLE

1982 the unemployment rate was 9.7 and in 1983 it was 9.6. How is this the worst?

We must give President Obama an opportunity to succeed with his stimulus package. After all, he is the commander-in-chief.
We must give him a reasonably free hand to do what he and his advisors think is right, then judge his team by the results.

Is spending our way out of a deficit the same as digging your way out of a hole?
I would think the best way to get out of a hole Is to fill it back in. Fill in a bit step up, scrape the edges some more fill in more and step up till you reach the top. Or should we dig till we reach china?
I don’t think the politicians have a grip on reality right now and I can say that as a Black woman from the hood I think all of them on the left and right should be fired – except maybe, just maybe the 11 Democrats that voted against the Bail out this time around and the Original few who voted against it when Bush first proposed it. They might actually still have some sense
Politicians are playing games when all we want is for them to save America not Pass the Pork and try and tell us it is a good thing.
And I keep thinking don’t the Democrats want to be right, don’t they want to pass something that will work and not just a massive spending increase, they have a chance here to make the republicans eat crow and all they seem to be doing is paying back friends and funding pet projects and not doing anything to fix the underlined problem that started this mess, Fannie and Freddie and the Housing/credit crunch. If they stick with that this bill would not only be cut in less than half but Politically in the eye of the public it would be a huge win. But instead it is all about playing a game instead of saving America or so it seems to the general public.

So Obama is “poised” for the battle. What a mental image for George to paint. What Obama is, is doing all he can to undermine over 200 years of American independence and individualism. The “transparency” of this blatant power grab is shocking. “Hurry, hurry, hurry to your own demise” is what he tells us. That’s a real shame.

@N’erdowell, Yea.. of all the things I thought of Obama before the election, I did think he was someone that would think something more through. Take his time to make sure it was right. But, he is rushing it right along without any regard of what BIG spending BILLS have done to us in the past. SAD.
Like Ayesha asked; “Is spending our way out of a deficit the same as digging your way out of a hole? “

Ayesha…Bravo. Well said.

Yesterday, Senator Minnick from Idaho ( a democrat) stated that he had crafted a bill that included only infrastructure spending and tax breaks on the working class and on capital gains.. NO PORK.. the price tag for this bill was 174 billion.. (20% of what the dems are trying to push through) and his bill will do more to right the economy than theirs…are you LISTENING PEOPLE>>>

Reminds me of the infamous budget battle between The Big Dog Clinton and Newtie (I Had To Resign In disgrace). Play with fire dittoheads, you are going to get burned AGAIN! As if the morning of November 5th wasn’t bad enough for you clowns.

The people are overwhelmingly against the bill as it stands. The Republicans and courageous blue dog Democrats are listening to their constituencies.

Republican senators are a bunch of hypocrites. They have been doing nothing in the past eight years to bring the country to its current plight.
Mitch McConnell is precisely the one that bearly gets back to the Senate in the last election and yet still carries on his usual unproductive platitude. He has no new ideas of solving the economic meltdown and should be kicked out from the Senate immediately. As for John McCain, he should step aside and let Obama to govern.

Just curious dittohead, how would your grandchildren google Boy George? LOL

Okay – enough of the bickering please. Let’s just review for a moment:
The President is not the one that has drafted the stimulus bill – that’s not his job – he only gets to state what he expects the congress to do. He will then sign the bill that passes and make it ‘law.’ The hang up is due to several things, but it is being composed (written) by the senators collectively. It’s 1,000 times worse than trying to get a family of 8 to agree on what to eat for dinner or where to go on vacation – it takes time to hash it out. True, the test for each piece of the package should be reviewed to determine if it will help create jobs and/or get money flowing into the economy so we can create jobs or keep the businesses out there alive. By starting at the bottom – for example – road jobs will put money into workers that will spend (they’re not savers). when they spend, the business they buy from will need suppliers, thus create work for manufacturing. But all money going into the economy from the top (banks and tax cuts) will not reach the bottom – the trickle down method didn’t work for Reagan and it won’t work now. It was the GOP that focused the last 8 years on the top of the pyramid that many programs and help for the lower spectrum of society were ignored – the Democrats need to realize they can’t make up for the last 8 years in one swoop – one thing at a time and make it righteous – not pork belly.
God Bless Obama for even taking on this horrendous challenge. Come on people let’s work TOGETHER.

George, why are you so in love with Obama? It shows on your face. Maybe you could write a book – I just read that Obama is always late. Arrogance, that is all that is – just plain arrogance. What in this world has this country done voting an absolute inexperienced man in the office of President. The book “The Slobbering Love Affair” that you and the rest of the media has with him. Well, I am sure you will come to regret it.

Since Obama’s earnest drive to convince the nation to weaken its economic strength through redistribution as well as weaken its national defense, has confirmed the very threats to our Republic’s survival that the Constitution was designed to avert, it no longer is sustainable for the United States Supreme Court and Military Joint Chiefs to refrain from exercising WHAT IS THEIR ABSOLUTE CONSTITUTIONAL DUTY TO DEFEND THE NATION FROM UNLAWFUL USURPATION. The questions of Obama’s Kenyan birth and his father’s Kenyan/British citizenship (admitted on his own website) have been conflated by his sustained unwillingnes to supply his long form birth certificate now under seal, and compounded by his internet posting of a discredited “after-the-fact” short form ‘certificate’. In the absence of these issues being acknowledged and addessed, IT IS MANIFEST THAT OBAMA REMAINS INELIGIBLE TO BE PRESIDENT UNDER ARTICLE 2 OF THE UNITED STATES CONSTITUTION. Being a 14th Amendment “citizen” is not sufficient. A “President” MUST BE an Article 2 “natural born citizen” AS DEFINED BY THE FRAMERS’ INTENT.

The bipartisan agreement doesn’t live up to its billing. They promised to scrub items that didn’t belong in the bill because they don’t produce jobs. So you would have expected whole items to disappear. Instead they just gave a bunch of items a haircut. If $400 million for something is not stimulus, how can $200 million for the same thing be stimulus. As usual, the advertising from Nelson and Collins doesn’t describe the actual product.

Uh, George?….I’ll be VERY interested in hearing Michael Steele explain the campaign finance complaints listed in today’s Washington Post. It appears that he’s been under the feds radar regarding certain activities including writing a $37K check to his sister’s “business” that had already been disolved. This is a sister who has a combination “catering/web services” business while she’s already a PRACTICING PHYSICIAN!…The article mentions that the GOP bailed Steele out in the past regarding personal finances…I can’t BELIEVE that the GOP did not look into this guy’s finance management background before putting him in charge of their Party’s multi-million $$ operation!
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020604151.html?hpid=topnews

I am a bit confused about this debate – some folks saying we are doomed without this bailout and others saying it would not help much. As someone without any background in finance, I am having difficulty to grasp the situation. Is it going to create enough jobs to keep folks employed? Where is this money coming from? Do we not have the right to know this? Is it borrowed or printed? If borrowed, what are the terms of the payment? Can our job creation pay for this loan the government is getting? Will there be a tax hike? If printed, what are the likely scenarios for devaluation of the dollar and inflation?

Saveing jobs,createing jobs,great.Most of infrastructure constuction jobs,will be organized Union Labor,doing the work.Why,can’t the regular able bodied human being get trained to do the same competitive work?>After completeing the training an able to do a highly skilled job,it should be his or her choice if he wants to be in a union.Some,union jobs, are closed to non-union workers.I’m glad I’m retired!I’ve been a union worker.I don’t get a pension from any union that I belonged to.I survive on a social Security check.I have to stay debt free,just to enjoy some peace of mind.Its,amazeing,my wife,an I still don’t have a cell phone,or see a reason why.If I had one,it doesn’t guantee,that we will live any longer.

GEorge, Summers is a complete hack! All he could do was spout slogans and say nothing of importance–not want to take talk about the Sec. of tax evasion speech–sure he knows what it says and if so it must be so bad that he doesn’t want to open the door for discussion! Your bias is showing by not questioning him and getting the information. Why not ask how a tax cheat can run the IRS? What about the other tax dodgers who don’t pay penalties? Why not ask those questions since he can’t answer anything about the new package of spending!

Public “buy-in” is much more important than congressional approval for the stimulus plan to succeed. There needs to be a “higher cause” attached to the stimulus bill, it should have a name or phrase to identify it apart from the title of the Act. A return to status quo falls short, and becomes difficult to sustain for long term public endorsement. The stimulus plan is a multifaceted approach monetarily, but falls short of singular, tangible goals. While it’s commendable to save X number of jobs & build infrastructure, historically, the most sucessful national (not just government) programs have been plans integrated with solving crises or setting new standards: The Space Program, the New Deal, Emancipation coupled with the Civil War. Our interstate highway system was promoted by Eisenhower for natonal security; he personally experienced the danger of inadequate roads during the war. We got a first-hand account of this during the Katrina evacuation.
Some suggestions: A rebuilt transporation network with greater fuel efficiency, promoting alternative energy and new technology to reduce pollution & global warming, ultimately liberating the US economy from Middle East Oil dictatorship (OPEC would violate antitrust laws if it were in the US). This is real, this is not just propoganda.

Stop reporting on the political aspects of the “pork-pie” socialistic spending spree (Stimulus Package) and convey to the public some of the specific wasteful contents that will do nothing to alleviate the “recession” so that they can contact their congressional representative to express opinion on those items. Such comments will more directly illustrate to congress the feelings of the public, and hopefully cause them to remember that they will have to face up to their decisions in a forthcoming election.

We are discussing this issue along with a whole slew of others over on my political blog. Recently we began tackling the issue of where the Republican party needs to go in order to rebound, the stimulus plan, Congress’s antics, and the Libertarian Platform. An exert from the blog:
So that is the move that the Democrats are going to pull! They are going to borrow this money from a creditor on good faith and take the money they borrow. Then later they are going to call Acme Debt Reduction and settle with that creditor for pennies on the dollar. It is a brilliant plan and we don’t have to worry about the government ever paying it back! The only person who gets short end of the stick here is the stupid creditor who loaned the money. They get pennies on the dollar. But they have it coming anyway. Creditors are tools who are constantly annoying us.
One problem America. The creditor is you.
So I am asking all of you to take a moment and jump over there and join in on the conversation. Be respectful and honest. Get there here:
http://standupforamerica.wordpress.com
Hope to see you there.