So if people wonder why the United States is on the path of GREECE, they need not look any further than the things that money gets spent on in government in the name of stimulus.
From the Washington Times:
Tax cheats were given $1.4 billion in government-backed mortgage loans under President Obama’s economic stimulus, and the government doled out at least an additional $27 million in tax credits to delinquents who took the first-time-homebuyer tax break, according to a government audit released ... Read More
Posted By Xerraire On Thursday, June 28th 2012 In News Items | Tags: delinquints., doled, economic, greece, obama, stimulus, tax cheats, tax credits |
So if people wonder why the United States is on the path of GREECE, they need not look any further than the things that money gets spent on in government in the name of stimulus.
From the Washington Times:
Tax cheats were given $1.4 billion in government-backed mortgage loans under President Obama’s economic stimulus, and the government doled out at least an additional $27 million in tax credits to delinquents who took the first-time-homebuyer tax break, according to a government audit released ... Read More
Posted By Xerraire On Thursday, October 13th 2011 In News Items | Tags: bridges, economic, loading, monroe regional airport, passenger, stimulus |
Another example of this administration's incompetence?
$36 million in stimulus funds were awarded to a terminal at Monroe Regional Airport in Louisiana, that doesn’t even connect to airplanes.
From The NewsStar
Monroe Regional Airport officials learned Tuesday passenger loading and unloading bridges at the new $36 million terminal are not being able to connect to airplanes.
Airport director Cleve Norrell confirmed Tuesday afternoon that some of the loading and unloading bridges at the new terminal appear they will not be able to connect to ... Read More
Posted By Xerraire On Monday, September 12th 2011 In News Items | Tags: bill, daniel hannan, jobs, jobs bill, money, stimulus, unemployment |
President Obama seems to think that throwing money at a problem, solves the problem, even though it hasn't worked before.
His "jobs speech" was exactly what I expected. Spend more money or "stimulus". Which hasn't worked any times that it's been implemented, and that includes George Bush's stimulus.
So, there will be some in Washington with enough common sense to oppose the jobs bill. They will be accused of not caring about the staggering unemployment in our nation. If you're one of ... Read More
Posted By Xerraire On Wednesday, August 17th 2011 In News Items | Tags: earth day, failures, Green Jobs, insulation, mayor, Mike McGinn, money, obama, seattle, stimulus, white house |
From Human Events
Last year, right before Earth Day, Seattle Mayor Mike McGinn traveled to the White House to announce a wondrous $20 million federal grant to create “green jobs” in the weatherization industry. Insulating houses would create at least 2,000 jobs, and save the Earth by reducing Seattle’s carbon footprint.
A year later, the Seattle Post-Intelligencer surveys the ruins of another in the long, long, long string of miserable Obama failures:
As of last week, only three homes had been retrofitted and ... Read More
Posted By Xerraire On Monday, July 4th 2011 In News Items | Tags: adds, advisors, council, debt, economic, obama, stimulus, weekly standard, white house |
But who is surprised?
Certainly not me!
From the Weekly Standard
The “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt.
The report was written by the White House’s Council of Economic Advisors, a group of three economists who were all handpicked by Obama, and it chronicles ... Read More
Posted By Xerraire On Wednesday, May 25th 2011 In News Items | Tags: chicago style, crony capitalism, deliquent, gangster government, irs, national debt, obama, program, rule of law, stimulus, taxes |
SMH as my daughter would say.
(Shake My Head)
Our country will soon join a list of bankrupt and broken societies and yet this foolishness and folly knows no end in this administration, and the ones before it - yet it promised change.
We are getting our change, a once prosperous and hopeful nation, buried under DEBT.
We are losing our sense of fairness because preferential treatment seems to go to common criminals.
From Washington Times:
One construction company that won multiple awards of money under ... Read More
Posted By Xerraire On Wednesday, March 16th 2011 In News Items | Tags: economy, glenn Beck, illusion, stimulus, trillion |
Posted By Xerraire On Tuesday, November 2nd 2010 In General | Tags: dead people, democrats, economist, economy, foreign, gary becker, Green Jobs, harvard, jeffrey miron, martin feldstein, nobel lauretes, package, prisoners, stimulus, vernon l smith, wasteful, welfare |
Here is some interesting pre-election reading from Open Market dot org. Basically, a Harvard Economist says that Obama and Democrat's Stimulus package FAILED because it was no more than a reward for Obama's friends.
Harvard economist Jeffrey Miron explains why the $800 billion stimulus package failed in a recent article.
What’s interesting about Dr. Miron’s critique is that he shows how the stimulus was a failure even if you take for granted liberal assumptions about economic policy (such as Keynesian economic ... Read More
Posted By Xerraire On Tuesday, October 12th 2010 In News Items | Tags: GE, NBC, obama, recovery, stimulus, stimulus money |
Obama Administration Gave General Electric—Parent Company of NBC--$24.9 Million in ‘Stimulus’ Grants
The Obama administration gave corporate giant General Electric—the parent company of NBC--$24.9 million in grants from the $787-billion economic “stimulus” law President Barack Obama signed in February 2009, according to records posted by the administration at Recovery.gov.
Despite getting $24.9 million from U.S. taxpayers, GE decreased its U.S.-based employees by 18,000 in 2009, according to the company’s 2009 annual report.
According to Standard & Poor's, GE took in $156 billion in ... Read More
Posted By Xerraire On Thursday, July 15th 2010 In News Items | Tags: abc news, act, industry, recovery, reinvestment, signs, stimulus, work |
Signs Signs, Everywhere Signs. Political in nature? Maybe. Waste of money? I think so.
As the midterm election season approaches, new road signs are popping up everywhere – millions of dollars worth of signs touting "The American Reinvestment and Recovery Act" and reminding passers-by that the program is "Putting America Back to Work."
From ABC News
On the road leading to Dulles Airport outside Washington, DC there's a 10' x 11' road sign touting a runway improvement project funded ... Read More
Posted By Xerraire On Tuesday, April 27th 2010 In News Items | Tags: cnn money, fiscal, stimulus, work |
According to CNN Money, "The Stimulus didn't help."
The recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.In latest quarterly survey by the National Association for Business Economics, the index that measures employment showed job growth for the first time in two years -- but a majority of respondents felt the fiscal ... Read More
Posted By Xerraire On Sunday, March 28th 2010 In News Items | Tags: fraud, freecongress.org, funds, ralph hostetter, stimulus |
Posted By Xerraire On Friday, December 18th 2009 In News Items | Tags: actual, bush, castro, change, chavez, copenhagen, obama, states, stimulus, sulfur |
Posted By Xerraire On Friday, October 30th 2009 In News Items | Tags: biden, cbs, fudging, jobs, katie couric, numbers, stimulus |
According to an AP report, Stimulus jobs overstated by thousands.
An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.
The government's first accounting of jobs tied to the $787 billion stimulus program claimed more than 30,000 positions paid for with recovery money. But that figure is overstated by least 5,000 jobs, according ... Read More
Posted By Xerraire On Wednesday, October 21st 2009 In General | Tags: clip, jobs, lost, states, stimulus, unemployment, video, you tube |
You have to love modern day news and how it's all videotaped for our review and reflection. The following clip where Obama mentions the how the stimulus package will create or save jobs "right now", "immediately", "ahead of schedule" and then how he backs off from those words in clips later should be an embarrassment to this administration.
The real news is actually scary:
7 Months After Stimulus 49 of 50 States Have Lost Jobs
America Now Over 6 Million Jobs ... Read More
Posted By Xerraire On Thursday, March 26th 2009 In General | Tags: jay leno, joke, stimulus, you tube |
... Read More
Posted By Xerraire On Wednesday, March 11th 2009 In News Items | Tags: billions, borrow, borrowed, congress, dollars, mcconell, money, omnibus, spends, stimulus |
How much do you make an hour?
How about, how much can you SPEND an hour?
Congress can spend $1 billion an hour.
From Politico:
Senator Minority Leader Mitch McConnell (R-Ky.) has come up with a vivid new way to express his contention that the nation is spending way too much money it doesn’t have.
McConnell includes the tweaks in his opening remarks on the Senate floor on the 51st day that President Obama has been in office.
“In just 50 days, Congress has voted to ... Read More
Posted By Xerraire On Monday, March 9th 2009 In News Items | Tags: congress, e-verify, homeland, jobs, news, security, stimulus |
"A government policy to rob Peter to pay Paul can be assured of the support of Paul."
-- George Bernard Shaw
If you are not angry enough about the generational robbery in the name of stimulus, throwing billions upon billions into programs and institutions that keep their hand out, how do you feel about the so called stimulus jobs going to illegal immigrants?
In USA TODAY:
Tens of thousands of jobs created by the economic stimulus law could end up filled by illegal immigrants, ... Read More
Posted By Xerraire On Thursday, February 19th 2009 In News Items | Tags: arizona, dobson, microsoft, nba, paul allen, portland trailblazers, seattle seahawks, stimulus, students, tea party |
Are you feeling stimulated yet? Not me.
Not even some school children Dobson, Arizona. They watched his speech on Wednesday.
One had this to say, "...he's not addressing the issues of the economic crisis. The spending bill he just passed is just progressing the Democratic agenda rather than addressing the economic issues in the country."
"This puts us more into debt," said another. "It's a horrible situation we're in."
Senior Brandon Miller wore a shirt with the words, "Hitler gave great speeches, too" above ... Read More
Posted By Xerraire On Friday, February 13th 2009 In News Items | Tags: Boehner, break, democrats, GOP, leader, nancy pelosi, promise, promises, stimulus, video, you tube |
Democrats have now broken their promise to have the public able to see the bill for 48 hours. No surprise there, right?
“The American people have a right to know what’s in this bill,” Rep. Mike Pence (R-Ind) told HUMAN EVENTS after the press conference. “Every member of Congress -- Republicans and Democrats -- voted to post this bill on the internet for 48 hours, 48 hours ago. We’ll see if the Democrats keep their word.”
Actually -- as of 5:15 pm, ... Read More
Posted By Xerraire On Wednesday, February 11th 2009 In News Items | Tags: age, care, daschle, economy, elderly, health, stimulus |
Hidden in the so called Stimulus plan, is a little scary section re-defining health care that will affect “every individual in the United States”.
What does it have to do with stimulating the economy? Nothing. If fact, if the government of "Change" really wanted to new health care system, they should have the courage to form legislation under and in the name of health, not hide it in a stimulus package and rush it through, claiming it “inexcusable and irresponsible” for ... Read More
Posted By Xerraire On Saturday, February 7th 2009 In News Items | Tags: debt, government, spending, stimulus, trillion |
I am not surprised to read the Senator from Oklahoma's remarks regarding the "Stimulus" Package that will likely pass:
"While I appreciate the efforts of my colleagues to bring down the price tag of this bill, the fact is we still face a trillion dollar spending bill. Making it worse, the bill is 93% spending and only 7% stimulation. Over the past few days I have fought to include more in the way of real stimulus through higher percentage of infrastructure ... Read More
Posted By Xerraire On Friday, February 6th 2009 In News Items | Tags: bill, fear, plan, pork, stimulus |
$819 billion "Stimulus" package? Hang on, there's more, The Senate version backed by Majority Leader Harry Reid is even worse — it calls for an additional $71 billion in spending — totaling $890 billion.
Obama and his Democratic allies are simply wasting hundreds of billions of our money in a clear “payoff” to Democratic Party interest groups and unions that backed him and the Democrats in Congress during the last election.
Under Senate rules, the Democrats, led by ... Read More
Posted By Xerraire On Wednesday, January 28th 2009 In News Items | Tags: ACORN, budget, congress, pelosi, STDs, stimulus |
President Barack Obama got the $825 (or $1.2 trillion over a decade) stimulus package through the House of Representatives with a 244 to 188 vote. Not a single Republican voted for the bill. Now you can buy into the notion that this is politics as usual, or you can read the bill and know it's a VERY BAD BILL.
When our children live in a collapsed economy, please remember these gloating faces.
Now Nanny Pelosi didn't get her birth control "stimulus" but ... Read More








