Repub. or Demo. Who's better for the eco nomy?

“Well, it's pretty apparent who's driven the economy into the ground! Hurrah for the Shrub!


Inflation rate is worstin 17 years

http://news.yahoo.com/s/ap/20080116/ap_on_bi_go_ec_fi/economy;_ylt=Aiw8LCGNk8fQnUEt1s57Bfis0NUE”

“inflation rate would go way down if we weren't dependent on oil. go nuke.”

“Oil owns the current administration.....”

“Clinton caused all of this. Republican's are sexy!”

“theybadwegood!”

“current admin aren't running again”

“I for one am NEVER voting for George W. Bush again!”

“What nobody realizes is that BOTH PARTIES SUCK! I hope nobody from neither party wins the elections and stuff.”

“I'm cool because I hate America!


and stuff.”

“Damn she's hot!”

“She's smo'kin!”

“She just makes cigars stinky.”

“and blue dresses sticky”

“The First Girlfriend/Sodomite of Clintoon hasn't aged well.”

“
GOP maintains traditional principles in uphill battle on financial regulation
By Silla Brush and Molly K. Hooper
Posted: 06/11/09 07:33 PM [ET]

House Republicans are returning to a familiar playbook of small government and less regulation as they stake their position in the battle to overhaul the financial system.

Most of their proposal, officially outlined on Thursday, reiterates traditional Republican stances on business and faces a slim chance of becoming law in Democrat-controlled Washington. It also has little chance of winning over the public, which favors additional regulations.

The party is sticking with its attack on government bailouts, but its argument on regulation appeals to the party base. Much of what it is calling for represents less new regulation � a contrast to its traditional allies in the financial community, who have urged greater oversight since last year.

�We don�t believe that the government should be picking winners and losers, and we want to see market forces return under certain but limited rules so that innovation can occur again,� said House Minority Whip Eric Cantor (R-Va.).

Rep. Scott Garrett (N.J.), a leading Republican on the House Financial Services Committee, argues that Democrats have done an �outstanding� job of framing their case about the causes of the financial crisis.

�I do believe that � give credit where credit is due � that Democrats did an admirable job early on of demonizing Wall Street and demonizing the free market and the president has made it his mantra that capitalism is bad,� Garrett said in an interview with The Hill.

He said that Republicans intend to introduce their plan either as a full bill or broken up by issues, depending on how Democrats decide to proceed.

A Washington Post/ABC News poll in late February found that roughly three-quarters of Americans support stricter federal regulations on banks. A Pew Research Center poll in May found that more than 60 percent of the public supports government regulation of business overall.



The rats are at it again.

”

“A small fed gov doesn't translate into less government over all. The more government influence becomes local , the more it can customize itself to your needs. Sending lots of money to DC to be hacked up as used as bribes for federal support is extortion.”

“The more local gov't is, the more easily it can be bought.”

“Not if the local government is immune to that practice.

I want as little exposure to the rest of this country as I can get. What do I really care about Georgia, it's a nice song, but I don't want to have to carry to any peaks.
last edited: 6/12/09 9:47:08 AM”

“"The more local gov't is, the more easily it can be bought."

There is something to that.

Local lords and strongmen carve out their fiefdoms complete with serfs and peons and sycophants.............and assorted ass-kissers to please the lords.

Ah..............the good old days!”

“Homogenize america, give me another shot of Obama please.

You people follow the right right into the same trap. If a little feels good, think of how the whole bottle'll make you feel?
last edited: 6/12/09 10:39:00 AM”

“Actually the point of this posting was that the Repubs were still playing their financial deregulation games.

The Meltdown, remember?



But as a general principle State Senators SHOULD be easier to buy off than United States Senators, don't you think?”

“the meltdown should have been allowed to meltdown. any crooks who had a hand in it should be in prison. gm and chrysler should have been liquidated. if people would let the free market run as it should and punish the crooks who take advantage of others, there wouldn't be all this finger pointing mess. obama wouldn't be spending us into chinese servitude. the crooks in the banks and financial markets would be headed to prison along with half of the politicians and administrations of the last 3 decades. it never would have been an issue.

regulation is for pussies who don't want to make people face the music of their choices (criminal actions, poor investment choices, running up credit card and other debt like it's free money, etc).
last edited: 6/12/09 11:56:49 AM”

“also tilt, don't forget who started the dereg debacle.”

“Libbies do love to tell other people what they HAVE to do.”

“I'd rather be a conservative nut job than a liberal with no nuts and no job....”

“How insane is it to perpetuate the same policies that almost destroyed the global economy?

I think they fit the legal def'n.”

“This is how the economy for US citizens can be better. sgvtribune.com/ci_12574313”

“From the American Patrol Report: 'The California Constitution mandates that any statute passed by the people must be enforced unless found to be unconstitutional by an appellate court. Proposition 187 was never tested at the appellate level and Gov. Schwarzenegger could enforce it if he wanted to.'

Is this true?”

“They're both horrible and you and I will always be on the losing end with these two parties.

Keep buying the lie guys...”

“Foe sure.”

“You are probably right, nigal, but the libertarians would do just as bad. Probably worse since they are "do for you and yours" firsters. It would be scary what they would do with control of the purse strings.”

“i thought the whole idea behind the libertarian party was the government should have NO control over the purse strings. smaller government, lower taxes, individual's freedom to live as they choose with the fruits of their own labor.”

“The libertarian party is a vacation party and has the same relavance to our daily lives as a Thai hotel walkin closet.”

“When the Republicans controlled Congress, unemployment was much less, the economy was much stronger, and the deficit was a fraction of what it is now. What the Democrats are good at is prolonging the recession, creating the worst unemployment in 25 years, and the deepening the Barney Frank Recession to the worst financial crisis in 80 years.”

“All periods of excessive growth are followed by recession. The bigger they are the harder they fall. Had all that growth gone into making america more efficient instead of more dependent on imports and massive consumerism maybe things could have worked -not this total failure.

You get what you pay for, if you don't pay, you get more in debt. Years of make believe.”

“It sounds like they're disappointed they didn't get to completely kill off the global economy. � Now they're in a box so they can't do as much damage.... � like Saddam after Gulf War I.

But really, they should keep up the crazy aunt in the attic routine. � As long as they do, the famous American short attention span won't kick in and they'll remain out of power � and as recent experience has shown once again, the longer they're out of power the better it is for the country.”

“Meanwhile, they can carpool to MalWart.”

““You are probably right, nigal, but the libertarians would do just as bad. Probably worse since they are "do for you and yours" firsters. It would be scary what they would do with control of the purse strings.”

The libertarian party believes in the federal government having only the power the Constitutions grants it. Basiclly protecting American land/interests and maintaining a standing army. Everyone thinks Libertarians want anarchy and no rules but that isn't true. It's about giving control back to the states and letting states decide how they want to live free from federal controls.

This creates natural competition for states. There would still be spending but it would be on your state and local levels and it'd be a lot less.”

“I know what the party stands for, and if it had a chance of working I would be all over it. But if it was big enough to make a difference in US politics or even to be in charge of the US government, how would it do it? People who gain control try to keep it by whatever means. It would grow just as corrupt and out of touch as both the repubs and dems are now.”

“That's the key to giving power and control back to the states Hyway. The closer the control is to the People the harder it is to go against what they want. Not to mention corruption is tollarated much less on a local level than it is at the federal level.

Studies have shown that people are happier where there is the most freedom. If a party gives the People freedom then that is how they will naturally stay in control.”

“Then, People should have the Freedumb to eat each other, we have plenty. Forget them cows, pigs and chickens have a neighbor and her
14 year old daughter.”

“I haven't heard how they will prevent the 'regulator shopping' that went on. � Perhaps a consolidation of regulators (into an organization that Actually regulates) will correct that. �

I'm also looking forward to the rating services getting a knot jerked in them. � Some lengthy jail terms are in order there.”

“damn people in charge of the banking committee overseeing freddie mac and fannie mae should have giving us a heads up.”

“http://www.foxnews.com/politics/2009/06/14/biden-says-guessed-wrong-unemployment-numbers/

WASHINGTON -- Vice President Joe Biden said Sunday that "everyone guessed wrong" on the impact of the economic stimulus, but he defended the administration's spending designed to combat rising joblessness.

Biden said inaccuracies in unemployment predictions shouldn't undercut the White House's support of the $787 billion economic revival plan that has not met the expectations of President Obama's team. Instead, the vice president urged skeptics to look at teachers who kept their classroom assignments and police officers who kept their beats because of financial assistance from Washington.

"The bottom line is that jobs are being created that would not have been there before," Biden said.

But they are not coming at the pace first estimated.

Just 10 days before taking office, Obama's top economic advisers released a report predicting unemployment would remain at 8 percent of below through this year if an economic stimulus plan won congressional approval.

Yet the Bureau of Labor Statistics reports that unemployment in May rose to 9.4 percent.
Biden said the White House is keenly aware of the gap between the rhetoric used to sell fast passage of the legislation and the reality that has 14.5 million people unemployed.

RIIIGHT everyone tought it would work...I thought this was a total Democrat thing? SO EVERYONE means only LIBERALS.”

“Some projects raise question: Where's the stimulus?
Tom Gilbert / Associated Press
Sen. Tom Coburn (R-Okla.) is putting out a report that calls into question the validity of certain projects being funded by federal stimulus money.
As President Obama moves to accelerate the flow of federal funds intended to rev up the economy and energy efficiency, public officials are voicing concerns about the merit of some plans.
By Peter Nicholas
June 14, 2009
Reporting from Washington -- It is a six-mile stretch of guardrail near a manufactured lake in a desolate patch of the Oklahoma Panhandle. There's little reason for anyone to visit. Weeds are overgrown; the lake bed is virtually dry.

Yet repairing the guardrail is on a list of projects developed by the U.S. Army Corps of Engineers to tap into President Obama's $787-billion economic stimulus program.

The price tag: more than $1.1 million.

As Obama moves to accelerate the flow of federal stimulus funds, public officials are voicing concerns that some of the projects being devised are of dubious merit.

Obama spoke of the stimulus as a mechanism to create jobs, drop money into a struggling economy and reposition the U.S. as a more energy-efficient nation. So far, those goals are proving difficult to meet.

U.S. Sen. Tom Coburn (R-Okla.) is putting out a report early this week that will raise questions about the validity of certain projects.

By some measures, the stimulus program is working. Aging bridges and roads are being repaired, providing needed jobs for construction workers. Money is going back to working-class Americans in the form of a tax cut.

Yet some projects moving forward aren't what was envisioned when the stimulus was signed into law Feb. 17.

Obama billed the program not only as a vehicle for new jobs but as seed money for a kind of top-to-bottom transformation. Part of the payoff would be a long-term dividend of new renewable energy sources feeding into "smart" grids that reduce utility costs and rid the atmosphere of dangerous greenhouse gases.

A few days before signing the stimulus bill, Obama said in his weekly radio address that the money would underwrite "the work of building wind turbines and solar panels and the smart grid necessary to transport the clean energy they create; and laying broadband Internet lines to connect rural homes, schools and businesses to the information superhighway."

Not all of the money is heading toward such purposes. Local governments have their own ideas on how it should be spent. And some are making choices that may be at odds with Obama's vision.

In Minneapolis, the City Council voted recently to spend $2 million in stimulus funds on a vacant 99-year-old theater that developers want to convert into a center for dance. The project would create about 48 permanent jobs, city documents indicate.

In the competition for the limited stimulus money, the council awarded less than $300,000 to a company that wants to open a solar-energy-panel manufacturing plant that would create 360 jobs by 2011, according to city records.

Because the solar plant didn't get more funding, its chief executive officer, Joel Cannon, said he wouldn't be able to open the plant in Minneapolis.

There was one dissenting vote on the council. Councilman Paul Ostrow said the theater wasn't creating enough jobs to qualify for stimulus money, whereas the solar-energy plant "clearly fit the president's goals. . . . It was a home run."

Federal guidelines say that stimulus money may not go toward "recreational facilities that serve a predominantly higher-income clientele."

An official with Minneapolis' Shubert Theater, Colin Hamilton, rejected the idea that dance appeals mostly to an affluent audience.

"It's true that anyone who can afford a $12 ticket has identified himself as slightly above some means," he said. "But if you look at us against other art forms, dance on affordability basis is one of the most accessible you'll find in this community."

Communities get stimulus money largely through automatic formulas, which include such factors as population, or in some cases competitive grants. The federal government reviews applications. Certain projects are banned, including swimming pools, golf courses, zoos, aquariums and casinos.

Demand for stimulus money is intense. And with cities and towns exhorting federal officials to release the money as quickly as possible, some projects may not get adequate vetting.

Vice President Joe Biden conceded as much, saying earlier this month: "There are going to be mistakes made. . . . We know some of this money is going to be wasted."

In some cases, the stimulus is merely substituting one pot of government money for another.


The Obama administration released a report marking the 100-day anniversary of the stimulus program called, "100 Days, 100 Projects." One project mentioned was a $2-million award to a contractor to improve sewers in Portland, Maine.

City officials said the aging system was causing raw sewage to seep into the water supply. But the project was going forward in any case.

Had no stimulus funds come available, the city would have obtained a loan from the state. City officials said that because of the stimulus, Portland now has more money available to take on other projects.

Still, the sewer work is "certainly a project that we would have had to complete one way or another," said Nicole Clegg, director of communications for Portland.

Then there are projects that create work, but seem to fit no long-range plan.

Oklahoma officials were stunned to see the $1.1-million guardrail project offered up by the Army Corps of Engineers as a candidate for stimulus money. With so many other pressing needs, spending money in a desolate area showing no signs of a comeback is indefensible, they said.

"They're not mowing the weeds, which are 2 or 3 feet tall," said Ted Graham, city manager in nearby Guymon, Okla. "They quit maintaining the lake in the park, so it would be a frustration if they spend a million dollars on a guardrail they don't maintain currently."

A spokesman for the corps said that repairing the guardrail with stimulus money was one of several options under consideration. "The guardrail is deficient, broken and needs repairs," said Ross Adkins, spokesman for the corps' Tulsa district.

He conceded that the guardrail is within an area that "has pretty much been abandoned."

"There's no water there, no recreation to speak of. There's nothing there to attract people," Adkins said.

Coburn and the state's other U.S. senator, Republican James M. Inhofe, sent a letter to the corps earlier this month objecting to the project.

Given the "serious infrastructure concerns around the nation," they wrote, "it is difficult to comprehend the decision by your agency."

Americans may be wondering the same thing, on a broader scale.

A Rasmussen poll last week showed that only 39% believed that stimulus spending would help the economy, compared with 44% who said it wouldn't.

The poll also showed that 45% of respondents believed the stimulus program should be canceled, compared with 36% who wanted to keep it going.”

“The closer the control is to the People the harder it is to go against what they want. Not to mention corruption is tollarated much less on a local level than it is at the federal level.

This is laughable.”

“That's the myth alright.

The 'Family Values' people in the next county over just sent an adulterous drunk back to the Georgia State Senate for another term.

It couldn't have been because he had wormed his way into the State Party Hierarchy and could Brang Home Tha Pork, could it?”