Sunday, July 05, 2009

WASF!

WASF!

“ The vice president argued more time is needed for the stimulus to work.

"We misread how bad the economy was, but we are now only about 120 days into the recovery package," he said. "The truth of the matter was, no one anticipated, no one expected that that recovery package would in fact be in a position at this point of having to distribute the bulk of money."

Biden didn't rule out a second government stimulus package, but downplayed calls from Nobel Prize-winning economist Paul Krugman this week that a second stimulus will be needed.


Nobel-Prize winning economist Paul Krugman said the nation is on course for a "prolonged jobless" economic recovery unless the Obama administration steps in with a second round of government stimulus money.
”

7/05/2009 05:50:00 PM 6 Comments

"If the number of Islamic terror attacks continues at the current rate, candlelight vigils will soon be the number-one cause of global warming. "
Argus Hamilton


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6 comments:

DoubleU said...

I am sure if the Bush stimulus didn't work, and the first Obama stimulus didn't work than gosh darn it, lets try for another.

7/5/09, 8:12 PM
pdwalker said...

Try it again, but this time harder.

Failure is not because of bad policy, but only because we didn't do it big enough the last N times.

The nice thing about being a liberal is never having to say you're wrong and it was a mistake.

7/5/09, 10:07 PM
Chuck said...

Sounds like GM's sales policies:

We make a crappy product, and sell each one oat a loss. How do we make up the deficit?

Volume!

7/5/09, 10:17 PM
Anonymous said...

Blinkered idiots, or outright liars?
TARP I, known as H.R. 1424, was signed into law by President George W. Bush on October 3, 2008.
Since then, 39 weeks, or 273 days have passed; if Uhbama & Co. don't like that association with GWB, then how about 24 weeks, or about 168 days, have passed since the commencement of the reign of He Who Talks A Lot and Says Nothing.
If these schlubs can't even count to 168 +/- a few days accurately, how the hell can they even think of spending trillions of non-existent dollars, how can they say that Federal Health Insurance is going to be efficient and save money, and expect anyone with a more than two digit IQ to believe them?
Couple other examples of government know-how come to mind:

Remember Synfuel Corporation? In existence for multiple years, it spent billions and delivered nothing. We are lucky it had a sunset provision.
Department of Energy - been around for about 31 years, budget of ~$25 billion/yr, 16,000 Federal and 100,000 contract employees, has produced (drum roll) no energy and no technology for new energy sources, ever. That's a stunning record to brag about, eh, Joe? Let's have some more of that government shit sandwich, please?
Lt. Col. Gen. Tailgunner dick

7/5/09, 10:18 PM
Anonymous said...

1. Stimulus

2. Who Cares?!

3. Powah!!!



e~C

7/6/09, 12:10 AM
cmblake6 said...

Oh hell yes. Let's just spend our way out of poverty, shall we?

7/6/09, 10:32 AM

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