Comments on: Obama Dismisses Idea of Second Stimulus

In Weekly Address Urges Americans for Patience with His Economic Recovery Plan

[ForTheRightNAmeri]

Joe, the so called conservative Repugs will never give the president any credit if the job ratings were very low and we had a trillion dollar surplus. The real reason they won't, is because there happens to be a black democratic president in office. The whole eight years Bush was in office, no matter how many mistakes he made, none of you complained about him. Why, because a white republican man can't do no wrong in the eyes of the Republicans. They mostly get away with murder. For example, Gov. Sanford, from SC. If he was a black democratic governor, he would have been forced to resign, but no, not him. All he got was a slap on the hand, and he was allowed to keep his job. When Clinton was accused of doing what Sanford did, Sanford wanted him impeached. What's good for the Demacrats should be good for the Republicans as well. Now concerning unemployment, it mostly comes from so many out sourced jobs. Look at the label on everything you buy and you'll find most everything is 'made in China' a communist country. If you care so much about our job lost why do you continue to purchase those junk made items? Why not buy 'made in America' items? It could possibly save a few jobs. I know people who work at Dupont, in VA, that was theaten to lose their jobs by the end of July, because the auto industry was having a problem, but since the anouncement that GM was begining to come out of bankruptcy, the Dupont workers has started up their machines again and jobs are being saved. The news don't tell you all the good things that's happening. You need to research what going in your state government, before you start criticizing the president. For me, I try my best not to purchases shoes that's made in communist countries, or anything else for that matter. We as Americans at one time didn't mind boycotting companies that made their prodouts in communist countries, or any country other than ours at one time. What's happened to us?

[speakinup22]

blaster74, at least you have the fortitude to blast the Dems for their failures as well as your perceived failures of the Republican party.

Kudos for that.

However, having said that, while your stimulus ideas might work in the short run, I suspect you will find that they won't work in a world wide economy. I'm not knocking you, just want to make you aware of the realities of what will happen if you give tax breaks to companies for hiring only Americans or place tarrifs on imported goods.

Other countries bring you before the World Trade Organization for subsidizing, and retaliate by putting tarrifs on your goods.

I'm sure the first is a bad idea - the second may be ok if we want to go to a protectionist economy, but that would definitly fly in the face of Obama's policies.

[1notrub11]

socalsage's comments - very nicely stated, and I agree, having experienced the same kind of reminders.

Perhaps, if the current powers that be would spend more time thinking about what they are doing, stop trying to railroad things through while "no one is looking" and read (this includes everyone in congress) their own tripe before putting it into law (just because they can with a majority) - then things might start to work themselves out.

[speakinup22]

"Funny how a google search can't find ANY proof of the BS that you just slathered all over the board. - hungry1968-16 July 11, 2009 7:07 AM PDT

First you have to know how to do a search hungry.


And, Gravy - some people can actually put two facts together from different sources when formulating an opinion. That's why you couldn't find the 215 parks in the quoted article.

Try living with facts guys, we KNOW it is tough to do this when you are a Barry supporter. But try. It'll make life more challenging for the Conservatives on this post, and the world a better place for it.



"Hungry....is your google broke? - IThoughtItWasFunnyNaw

OUCH! HAAA HAAAA ! Don't go there, Naw. : )

[speakinup22]

"Funny how a google search can't find ANY proof of the BS that you just slathered all over the board. - hungry1968-16 July 11, 2009 7:07 AM PDT

First you have to know how to do a search hungry.


And, Gravy - some people can actually put two facts together from different sources when formulating an opinion. That's why you couldn't find the 215 parks in the quoted article.

Try living with facts guys, we KNOW it is tough to do this when you are a Barry supporter. But try. It'll make life more challenging for the Conservatives on this post, and the world a better place for it.

[speakinup22]

"Funny how a google search can't find ANY proof of the BS that you just slathered all over the board. - hungry1968-16 July 11, 2009 7:07 AM PDT

First you have to know how to do a search hungry.

[speakinup22]

Thank goodness Barry got his head out in time to think of this !

WE can't afford another "stimulus". Inflation is already knocking at the door.


As for his stimulus plan taking two years to work, that's amazing ! It directly coincides with the amount of time it would have taken had he voted Present.

[despido]

by gravyboat4000 July 11, 2009 7:43 AM PDT . . .

Wow.

Do you dream this stuff up at night as you plan for the end of days?

Obama's not listening to some Dems, and some Reps, as THEY discuss a second stimulus. He NEVER proposesd one.

_____________________________________________

WoW yourself Gravy....

Obama offered his first stimulus in response to Hillary's campaign rhetoric proposing a $75 Billion dollar stimulus program. Obama doubled it by proposing $150 Billion. Bush signed such a stimulus package and it was distributed in May, 2008. It had no effect what-so-ever other than a small blip in Wal-Mart sales for the month. Obama then touted a SECOND stimulus late in 2008 that budgeted only $86 Billion in 'stimulus' funds the first year - just over 1/2 of the ineffective FIRST stimulus. That is why it has no effect. Jobs will continue to be lost - far and above what Obama PROMISED his stimulus would create. 'Give it time' is an excuse for failure - as is his whining that he inherited a train wreck... partially created by his very own depressing statements about America 'never' recovering and that the economy may become 'catastrophic'. The economy is not a 'thing' but the cummulative mindset of some 300 million people. Obama has depressed that mindset with his massive debt, burdening taxes and constant whinning; you're seeing the result.

[Mac]

Since inauguration, the stock markets in China have grown 71%, world markets have averaged a modest 7 or 8%, the US market has fallen about 5%. Stock markets are a leading economic indicator. Unemployment is a lagging one. It appears that our economy will continue to fall while the rest of the world is recovering. We can continue to blame Bush but its hard to understand why the rest of the world seems to be rovering and we are not. Our country now only has 150 companies in the fortune 500, the fewest we have ever had. Our big comanies have been squeezed off the list as othe nations (who refused to spend stimulus) recover. we are near the point that our largest national product will be government. But there is some good news, our government is growing at a 40% rate or more. Unfortunately, it doesnt produce product and we cant tax its profits. Further, we cant sell it to anyone else because they see itfailures while we refuse to fix them (well, maybe Gordon Brown of England would buy some but he is broke too). As I said, we can blame Bush, but that doesnt fix anything. We can praise Obama but he isnt fixing anything either. Lets look at what the rest of the world is doing and use some of that. Or is HOPE all we need?

[nextgenman09]

by IThoughtItWasFunnyNaw July 11, 2009 9:27 AM PDT
-----

Another Rowdyculous Rant.

[despido]

Gravy....

Search Google for "Californis closing state parks"...

You'll get 26,500,000 results. Does that help?

[connunism]

"Virginia Rep. Eric Cantor, the House Republican whip, accused the Democratic-controlled Congress of reckless spending and careless borrowing."

The Republicon base of southerners really eats up the propaganda emanating from their party of fellow and bitter southerners. It is no surprise that the coach potato south leads the nation in obesity.

[nextgenman09]

by IThoughtItWasFunnyNaw July 11, 2009 9:27 AM PDT
-----

Another Rowdyculous Rant.

[speakinup22]

"You saying everyone in the north lives in ghettos is no different than saying everyone in the south lives in trailers. Your rampant generalizations and reckless use of labels only contributes to the divisions in this country. Shame on you. - by slownewsday_05 July 11, 2009 9:32 AM PDT



I don't agree with you often slownewsday_05, but BRAVO !

[ForTheRightNAmeri]

Eric Cantor was one of the Republicans who voted against the stimulus package here in Virginia. The Legislature here has a majority of Republicans. They don't want the stimulus to work, because they fear losing their votes. So it seems like their plan is to vote against the stimulus and then cry out that it's not working. What bettter way to say the stimulus is not working, than just not voting for it. Eri Canton, really need to tell us the truth about what he and his republican associates are really trying to do. He never tells us their plan to make the economy better, but they can surely complain about what the current administration is doing wrong.

[beaumuff]

Thats because we grow our own food and do not rely on Obama.

[speakinup22]

"We may not always agree, but you seem to be issue-driven, and seem to usual post things which make me think. Amazing what happens when people actually address issues rather than simply yell and point fingers.

And just because I hold Bush accountable for a lot, it doesn't mean I excuse Obama for anything. Again, I take it issue by issue, with a focus on conservative spending of my tax dollars.




We have a LOT more in common that I thought slownewsday.

We have to start thing in terms of what is the right thing to do, and forget WHO is in power. If we continue this blind following of people simply because they are in one party or the other, we only fool ourselves.

On this site it is too easy to forget that though when people start waving their "red" or "blue" flag. I'm trying real hard to be thoughful on why people are posting the way they are, on both sides of the issue.

And, on occassion it's a little humbling to realize when we've been wrong. Some people won't ever admit it when they are. But I maintain it is better to know the truth and accept it for what it is than stay ignorant on purpose.

Thanks for you kind comments.

[xlib]

Just remember, deficit under a Republican administration-BAAAAAAAAD
Mega deficit under a democrat-GUUUUUUUUUD.
Just keep saying that and all will be well.
This guy has lied from day one and anyone who believes him is just plan fooling themselves.

[whitemale08]

the74blaster-- has part of it right.

We have to protect the re-development of our nation by raising tarrifs and trade amongst sovereign nation-states on long-term treaty agreements for the things we need to rebuild.

That means an end to British-style 'free trade' and 'globalization'.

That also means a return to the Hamiltonian-style CREDIT SYSTEM that says: "Sovereign Nation-States can 'utter' its own currency and credit through the Congress...not Wall Street/City of London private bankers".

[ikestarnes]

>>Mr. Obama, who is visiting Ghana on Saturday, said in his recorded message.

what a wonderful time to be visiting overseas and offering handouts to foriegn governments.

[the74blaster]

Joe,

It is very clear that we cannot afford to pile up the debt at our current pace. The stimulus Obama has championed is not acting fast enough and the rising unempoyment numbers clearly support this.

However, sitting back and watching the conervatives throw rocks at Obama as he tries to correct the domstic ignorance of 8 years is not fair. For your information, my political alignment is independent.

Basically, I would like to have seen a stimulus that worked faster but at the same time creats jobs.

As I stated before, listening to a bunch of GOP hacks take shots at Obama is comical, expecially when you consider the GOP record during the Bush years. Let me give you an example.

The failures of the investment banks did not just suddenly happen last October. A system collapse of that size takes time to develop and I am sure it well known inside the banks and the in the Bush administration well before it became a crisis. Based on how well the Bush administration played politics rather than addressing domestic issues, it would be fair to conclude that the Bush administration hoped the banks cold hold on until after the presidential election.

Have you ever wondered what would have happened if the Bush administration had actually acted 6 months before the collapse and provided government backing to these banks?

Considering the fact that the Bush administration refused to even recogonize that a recession existed until the very end clearly supports my position.

The failure of the Bush administration to act is why this recession is as bad as it is.

My final question is do you still have confidence with the GOP after the last 8 years? I certainly do not.

I will tell you that the democrats have an opportuniy to be heros or to fall on thier face trying to mop up Bush's mess.

For our country's well being I hope they end up being heros. How about you?

[tbbaot]

The first stimulus hasn't even left the station. The federal government is so slow to move less than 20% of the money has been paid out.

[speakinup22]

Yeah - this puzzles me too. Why a second if the first wasn't designed to handle the problem. Maybe the first was a little too immediatlly implemented due to problems that would bite us right away - but that would seem counter intuitive to it being spread out over years.

It sure does come across as not being well thought out. I'd weight the spending more heavily towards the front end to get PRODUCTIVE jobs, that would start SUSTAINING themselves over the long run, using areas of newer technology.

[Joe_NY_15]

by slownewsday_05 July 11, 2009 8:09 AM PDT
Umm, Joe, again, respectfully - it's not nearly as bad as the $5 trillion Bush blew with no results.

Oh, wait, he did manage to plunge us into a major world-wide recession, and unnecessary war, and further nationalize the banking system. I guess that was worth it...

I don't support Obama's rampant spending, but you appear to be at least partially blind to the Bush years.
_________________________

I'm not blind to the previous administration, but typically I tend to work towards the future, not continue to look for blame from the past, for every shortcoming of the current administration.

Forget what Bush did, that still does not entitle this President and Dictatorship from raping the American taxpayer with massive spending and debt....a conservative such as yourself should know that this spending is unsustainable and un-payable.

[the74blaster]

Joe,

It is very clear that we cannot afford to pile up the debt at our current pace. The stimulus Obama has championed is not acting fast enough and the rising unempoyment numbers clearly support this.

However, sitting back and watching the conervatives throw rocks at Obama as he tries to correct the domstic ignorance of 8 years is not fair. For your information, my political alignment is independent.

Basically, I would like to have seen a stimulus that worked faster but at the same time creats jobs.

As I stated before, listening to a bunch of GOP hacks take shots at Obama is comical, expecially when you consider the GOP record during the Bush years. Let me give you an example.

The failures of the investment banks did not just suddenly happen last October. A system collapse of that size takes time to develop and I am sure it well known inside the banks and the in the Bush administration well before it became a crisis. Based on how well the Bush administration played politics rather than addressing domestic issues, it would be fair to conclude that the Bush administration hoped the banks cold hold on until after the presidential election.

Have you ever wondered what would have happened if the Bush administration had actually acted 6 months before the collapse and provided government backing to these banks?

Considering the fact that the Bush administration refused to even recogonize that a recession existed until the very end clearly supports my position.

The failure of the Bush administration to act is why this recession is as bad as it is.

My final question is do you still have confidence with the GOP after the last 8 years? I certainly do not.

I will tell you that the democrats have an opportuniy to be heros or to fall on thier face trying to mop up Bush's mess.

For our country's well being I hope they end up being heros. How about you?

[speakinup22]

"The failures of the investment banks did not just suddenly happen last October. A system collapse of that size takes time to develop and I am sure it well known inside the banks and the in the Bush administration well before it became a crisis. Based on how well the Bush administration played politics rather than addressing domestic issues, it would be fair to conclude that the Bush administration hoped the banks cold hold on until after the presidential election. - the 74blaster.

You do come across independent, blaster. That is a novelity for people that make that sort of claim on this site. You have my respect. I'm a Conservative that votes republican because it is closer to my believes than the current Democratic party. The Republicans have definitly slipped away from Conservative policy, to say the least.

There was a very interesting 2 hour report on TV a couple of months ago that told the exact story of how the banks got to where they are, via the mortgages. It is called "House of cards". It pulls no punches against the previous administration.

It may be of interest to you. Please do read this short description and watch for its occassional re-appearance on CNBC. It is worth while.

http://www.cnbc.com/id/28984151

Let's hope our country emerges from the current crisis intact, No matter WHO does it.

[walt1944]

Obama says that a second "stimulus" isn't needed and that his plans will work.

He says be patient with the recovery and job "creation".

Tell that to the millions of people out of work and looking for ANYTHING since the former Great Emperor Bush II and his neocon Fascist Nazi Republicans, together with STILL-GREEDDYY Corporate America, "Blessed us" with this NIGHTMARE back in 2008!!!!

Tell that to the people who have "fallen thru the cracks" and used up their unemployment benefits with STILL-GREEDDYY utility companies ready to shut off their electric, phones, natural gas!!!!

Tell that to the families whose parents are out of work and are about to have their homes and cars "REPOED" by STILL-GGRREEEEDDDYYY banks and Corporate America!!!!

Maybe Obama should stop listening to his Corporate America advisors with their "light at the end of the tunnel" messages and START LISTENING TO THE PEOPLE WHO PUT HIM IN OFFICE!!!!!!!!

HAIL OBAMA?????????????

[1notrub11]

socalsage's comments - very nicely stated, and I agree, having experienced the same kind of reminders.

Perhaps, if the current powers that be would spend more time thinking about what they are doing, stop trying to railroad things through while "no one is looking" and read (this includes everyone in congress) their own tripe before putting it into law (just because they can with a majority) - then things might start to work themselves out.

[grabandgo]

obama will say whatever we want to hear.

all he is is a snake oil salesman

[speakinup22]

I can't say I agree with you completely grabandgo. I'd like to, but have you got some supporting facts. Now, don't get all emotional on me. I AM a conservative. But opinions are cheap shots without back up.

"Thunder is impressive, but lightening gets the job done. - Mark Twain