Showing posts with label Stimulus package. Show all posts
Showing posts with label Stimulus package. Show all posts

Thursday, July 30, 2009

CUPCAKES???? I Know Obama Didn't Say That To The American People!!!

You know... I refuse to even blog on President Obama's latest insulting attempt at humor to try and justify the 'non-stimulating' stimulus bill. I will just let the picture and the words speak for themselves:

Obama says, “we helped stop a recession from becoming a depression,” and explains how the jobs programs in the stimulus are helping. Says tax cuts are helping people buy “cupcakes and other necessities of life.”


CUPCAKES???? A necessity of life?????!!???


Wednesday, February 18, 2009

UPDATE: Stimulus Racism...



THIS CARTOON IS NOT FUNNY... IT IS OVERTLY, IN-YOUR-FACE RACIST!!!

These kinds of antics must stop immediately as they are harmful to race relations in this nation.

Tuesday, February 17, 2009

President Obama Signs $780+ Stimulus Bill

As millions of Americans are holding on for dear life, today President Barack Obama signed into law the largest stimulus bill in history.

The question on most people's lips: What will be the outcome of this mass amount of spending and tax credits? Unfortunately, we are treading in unchartered territory, as no one 'really' knows. But right now, people in breadbasket America who are on the fringe of losing homes, jobs, health insurance and 401k values are hoping-against-HOPE that Obama really has a plan and is not gambling or crap-shooting the future of America.

Using the Dow Jones' 300 point drop as a gauge–– especially on the day President Obama signed the paperwork making his plan a reality––offers no reassurance to an already nervous public. While many truly want this neophyte President to succeed... there is nothing in his background to indicate he has ever faced or mastered any financial crisis, and can therefore pull from such experience. If only he had served as a CEO or a company, Governor of a State, Mayor of a town, small business owner, or even manager of a Wendy's or McDonalds, where he would have had to make a payroll or balance a budget... maybe folks-on-the-farm would not be so trepidatious and jittery at this juncture in history as demonstrated by the tanking of the markets since the election in November.
"Having had a long weekend to digest the political dealings in Washington, market participants aren't feeling any better about things than they did before. The bearish disposition is an issue of confidence - or lack thereof -", said Patrick O'Hare, an analyst at Briefing.com.


Well, the ink is dry now. We can only wait and see... Let's all hold good thoughts that Obama's stimulus plan works. A lot is riding on his big gamble!

Wednesday, February 4, 2009

Is Obama's Stimulus Plan Losing Steam?


President Barack Obama's legacy, and possible second term presidency, may well be tied to the $1 trillion dollar stimulus package that––while passing the House of Representatives without one single Republican vote––seems to be in trouble.

The latest Rasmussen poll numbers reflects public support continues falling each day the stimulus plan receives further scrutiny in the bloggersville and by those in the media. According to pollsters only 37% of the American public now support the plan. This is not a good sign, as this is the first major economic leadership test of a president who is supposedly still in his 100-day honeymoon stage.

A major signal that Obama's economic plan may be headed to the trash heap, is that his arch-rival during the 2008 Presidential contest, Senator John McCain, came out to vehemently oppose the bill... going as far as to e-mail his supporters and urging them to oppose the plan as well.

Another ominous indicator is the recent rumblings by members of his own party. Democratic Senators are conceding publicly that the votes needed to pass this plan–– even though they have a distinct numbers advantage over the Republicans––just are not there!

The president is astutely aware of how much his political future depends on this package. Consequently, he is spending a vast amount of the valuable political capital he recently attained on assuring passage of this bill. Over the past few days he has made the rounds on every major television network repeating the dire consequences if his bill is not passed by the Senate. Obama sent a warning to Congress that failure to act on his $900-billion stimulus package will “turn a crisis into a catastrophe and guarantee a longer recession.”

President Obama's plan may be losing steam, but for now he appears to be going down swinging!