Obama’s Stimulus Was For Creating Jobs

Except that it was never about creating jobs in the first place. It was about destroying jobs and enriching criminal liberals. It’s about making America into the third-world shit-hole Maobama and Tano believe it to be.

Meanwhile the speculators, arbitrageurs and the parasites are enjoying record profits…and don’t even have to lay-out those paper profits against last year’s losses since the TARP paid them for them. Heads I wind, Tails you lose… The argument “too big to fail” should have been used to forcibly break-up and de-capitalize the Wall Street just as monopolies are forcibly broken-up as dangers to the economy and good policy.

Sweat-equity Capitalism, yes…Casino Capitalism, never again.

I doubt it will ever happen, though. It just makes too much sense.

As the saying goes, this isn’t a bug, it’s a feature.

No one in Chicago has an accurate list of government contractors, nor do they have a reconciliation. Money just vanishes into bribes and kickbacks to cronies.

Obama is steeped in this culture. Rahm Emanuel is steeped in this culture. Nancy Pelosi is steeped in this culture. These are criminals and thieves who think taxpayer money is their own private piggy bank, and who are using this money to make kickback payments to their supporters.

Furthermore, how many “jobs” created are like Tano, who admits flat-out that he is being paid by the Obama administration, laundered through the National Institutes of Health, to spread his propaganda and lies here?

If they have no idea how many jobs have been “saved or created”, how can they know where all the money is? And we’re supposed to trust them with our health?

http://www.freep.com/article/20091016/NEWS07/910160373/So-far–stimulus-contracts-aren%5C-t-big-boost-for-Michigan-jobs

And Michigan is supposedly ranked 9th in the Nation for jobs created under the Stimulus Spending Spree of Obama.

To call Obama “the new Hoover” is an insult to Pres. Hoover, who actually accomplished great things in his career as an engineer, industrialist, philanthopist and as an effective administrator of international aid. In part he was betrayed by flawed economic theories and the fiscal models of that time as the Depression unfolded.

Ted, I totally agree with your middle sentence.

Hoover did have one great failure: his policies in handling the Recession of 1929. You say “he was betrayed by flawed economic theories”. I must slightly disagree there. Good economic theories were available, in Hoover’s time. They said the government should cut spending, cut deficits, cut taxes, cut regulation. It’s what they did to solve the Depression of 1920. Nobody ever hears of the Depression of 1920 – because they solved it so easily, with good policy. Hoover was an engineer, as you point out. His instinct was: engineer the economy. In other words: government intervention. And that is what caused the Recession of 1929 to become the Great Depression.

Conventional (i.e., left-liberal) history says that Roosevelt’s New Deal was somehow a break with Hoover’s policies. It wasn’t really. It was an intensification. Hoover raised spending, deficits, taxes and regulations in response to the Recession of 1929 – the wrong things to do. Roosevelt took those policies to a new level. Kind of like Bush boosting spending for 8 years, and running deficits in the $100-400B range; then Obama and the Democrats ratcheting deficits up to $1.5 trillion with Porkulus and bailouts.

But, bad economic policy aside, yes: Hoover was a very good man in many other ways. My comment was meant to address the conventional (again, left-liberal) history in which Hoover supposedly, allegedly did nothing but lame PR efforts while unemployment continued to climb. When in reality Hoover was pursuing interventionist policies, causing the problem. That is Obama today – on both points. We see the bad policies causing American unemployment, AND we see what history ought to record as some pretty lame PR efforts.

Obama had a shaky career as a law school educator, and wrote a book.

the Obama Administrations PR effort has fallen flat on its face

Obama: the New Hoover.

And his hyperinflation hasn’t even hit yet. Want to know a neato synonym for “double-dip recession”? Here it is: OBAMA FAIL.

Stop all Stimulus spending for 9 months beginning NOW. Instead, institute an across the board payroll tax holiday

Nah, makes too much sense. Would be too helpful in restoring jobs and making people *not* dependent on government.

http://video.foxnews.com/11729829/reporting-recoverygov-to-recoverygov

I wonder if there will ever come a time when the liberals say that they just can’t carry the water for this peacock any more.