NDT – Let’s make your comment into a “Right on, V”

Not to mention, the transit workers unions will have the proles at their mercy.

Right on, ILC. But the problem here is that Obama doesn’t care about the economy or the country; he and his leftist party care only about being re-elected, and their ticket to that is to fund unions.

California’s bullet train is a fine example. Why in the hell should the state spend $40 billion it doesn’t have to build a train that will, at best, only match airlines in speed, at worst, not even come close because of all the stops it has to make, and which will require a wholly-new infrastructure setup around it — versus taking $10 billion to improve LAX, SFO, and the other airports in Southern California and the Central Valley to reduce delays (which will help flying to EVERY destination versus just one or two), and then taking another $10 billion to improve the transit connections between the airports and the cities they serve?

Perhaps the most disturbing comparison is this one: When President George W. Bush was first elected, total federal government spending was about $1.7 trillion. In other words, the [deficit] this year will be bigger than the entire government was as recently as 2000.

by the way, which democrats do you blame for the lack of oversight in all areas of our economy that helped to bring it down?

It wasn’t lack of oversight in all areas, the reason we have a crisis is because of the meltdown in the financial and housing sectors, there was NO meltdown in any other area of the economy prior to that. And the ones who blocked regulation were corrupt, lying, socialist Democrats who were protecting their campaign cash cow and the corrupt members of their party who RAN fannie and freddy into the ground — and it was President Bush, Alan Greenspan and Republicans who called for reform and increased regulation over and over and over again. Blocked by Democrats every time.

Here’s the real deal. If Obama would just do “The View” and “Oprah” for two years and the Congress would take a two year vacation to travel the world studying shrimp salad the economy would recover all by itself. Instead, we are going to switch to gigmongous servings [of] pork 24/7 and call it investment.

Indeed.

Infrastructure? More bridges to nowhere and billion-dollar-a-mile light rail systems nobody rides? … The funniest thing about “infrastructure” is that the benefits (if any) are to construction companies – but that’s assuming a shovel of dirt gets turned after years of litigation by environmentalists and NIMBYs.

When Japan’s real estate bubble burst in the 1990’s, they tried to use the Obama plan — massive infrastructure projects — to jump start their economy. They built an airport, Kansai, that is sinking into the ocean. Refurbished an airport north of Tokyo that no one uses. Built a tunnel from Honshu to Hokkaido that cuts travel time by car from Tokyo to Sapporo to 10 1/2 hours. No one uses it because you can fly from Tokyo to Sapporo in 3 hours. They also built massive bridges with $30 one-way tolls.

The Japanese economy also spent the entire period mired in recession. The Obama plan failed, just as it has everywhere it’s been tried.

Funny, Bush and McCain tried to make it sound like their was no recession, decline in the economy, etc. Sounds like there’s blame to go around everywhere.

Man up. You can talk the economy down or you can talk the economy up. The Messiah of economic doom and gloom ran on a dismal economy growing worse by the second. Only his hopeandchange ministrations could raise us from the muck and mire of human misery. He would save jobs, create jobs, reinvigorate the economy which he said “grows from the bottom up.”

Funny, Obama makes it sound like there is a depression, or one just around the corner, etc. Sounds like he got what he was looking for. Now he is promising us, a la Jimmuh Carter, that we will have to struggle together while holding his hem to get back up.

Here’s the real deal. If Obama would just do “The View” and “Oprah” for two years and the Congress would take a two year vacation to travel the world studying shrimp salad the economy would recover all by itself.

Instead, we are going to switch to gigmongous servings pork 24/7 and call it investment. The Obamanauts are on the rough seas of in the USS October Surprise and busy pulling out charts from the Roosevelt captaincy. For the present, we are all on Corregidor and Obama says to hold fast, they are building some ships now to come reenforce us in a couple of years. Meanwhile, draw strength from hopeandchange.

If misery loves company, there are a bunch of elated, miserable democrats. Let us pray.

When Barney Fag stops trying to use his sexual orientation as a substitute for competence and intelligence, then he can be called something else.

Sounds like there’s blame to go around everywhere.

Except to Democrats, who you refuse to blame, even when you’re confronted with direct quotes that state that Barney Fag said there were no problems and that Fannie Mae and Freddie Mac didn’t need oversight.

The problem here is too much oversight. Were it not for government mandates and the guarantees by Fannie and Freddie, do you think people would put their own money at risk? If I had $350K to loan (at my risk), I sure wouldn’t sink it into a Compton slum.

1. Tax cuts amounting to $10/week. Big deal.
2. Aid to states that have been increasing spending at rates far higher than population growth, inflation, and (most importantly) the ability of their citizens that actually pay taxes to afford all of it. California is being consumed by public employee unions and pensions… how much more do we feed this monster?
3. Infrastructure? More bridges to nowhere and billion-dollar-a-mile light rail systems nobody rides? More subsidized ethanol (with resulting starvation is other parts of the world)? More wind farms that still have to be backed up with coal/gas/oil/nuclear (in addition to being unsightly)?

The funniest thing about “infrastructure” is that the benefits (if any) are to construction companies – but that’s assuming a shovel of dirt gets turned after years of litigation by environmentalists and NIMBYs.

I don’t see many econmists coming out against that plan.

Would these be the same economists who told governments that Social Security, Medicare, and all the rest were sustainable? The same geniuses at Fannie and Freddie that saw no problems in the housing market?

Funny, Bush and McCain tried to make it sound like their was no recession, decline in the economy, etc. Sounds like there’s blame to go around everywhere.

by the way, which democrats do you blame for the lack of oversight in all areas of our economy that helped to bring it down?

Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

”These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.”

Barney Fag decided that he should purchase votes by giving mortgages to people who couldn’t afford them — and now that all hell has broken loose, both he and his Obama puppet are demanding that taxpayers who didn’t buy too much house, banks who didn’t make stupid loans, and businesses who didn’t overextend their credit bail out those who did.

Mainly because Obama’s plan “cuts taxes” on people who don’t pay them, gives aid to Democrat-controlled states who can’t balance their budgets while ignoring states that do, invests in “energy” that isn’t even a pipe dream while ignoring proven energy sources like nuclear and clean-coal power, and plans to build a thousand bridges to nowhere in the name of “infrastructure enhancement” — after mocking such projects during his campaign as being wasteful.