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POPSIt's a wonderful life working for the government The policy aim, Democrats say, was to maintain public services and aid. The political aim, although Democrats don't say so, was to maintain public-sector jobs -- and the flow of union dues to the public employees unions that represent almost 40 percent of public-sector workers. Those unions in turn have contributed generously to Democrats. Services Employee International Union head Andy Stern, the most frequent nongovernment visitor to the Obama White House, has boasted that his union steered $60 million to Democrats in the 2008 cycle. The total union contribution to Democrats has been estimated at $400 million.
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POPSCloward/Piven Strategy of Economic Recovery Obama adheres to the Saul Alinksy Rules for Radicals method of politics, which teaches the dark art of destroying political adversaries. However, that text reveals only one front in the radical left's war against America. The Cloward/Piven Strategy is another method employed by the radical Left to create and manage crisis. This strategy explains Rahm Emanuel's ominous statement, "You never want a serious crisis to go to waste." The Cloward/Piven Strategy is named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven. Their goal is to overthrow capitalism by overwhelming the government bureaucracy with entitlement demands. The created crisis provides the impetus to bring about radical political change.
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POPSSaudi Arabia eyes first nuclear power plant Civilian nuclear power programs are also being explored by a number of Gulf oil exporting countries, as it is seen as a long term solution to high fuel costs. The UAE hopes to have it first nuclear power plant producing electricity in 2015, although it could take up to 15 years before any plant is ready. Kuwait is also considering developing nuclear power to meet demand for electricity and desalination, the country’s ruler said earlier this year.
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POPSControl-freaks: It Must Be in Their Genes At the heart of Obama's action plan to deal with every problem is the principle of government control over individual action. Consider the first problem: the economy. Obama's first action was to infuse failing financial institutions with borrowed money, with government strings attached. In exchange for the money, government gained veto power over the management of private corporations. Had the people in power not been infected with the "control" gene, financial institutions that had made bad business decisions would have paid the consequences, and the self-correcting free-market financial system would, ultimately, have been stronger. But alas, the poisoned tentacles of government now permeate the financial system.
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POPSThank God! Oops, I mean, thank Obama This is by far the largest drop in the number of people who consider themselves in the labor force during the last year--almost twice the 358,000 increase in the people who left the labor force during June." Using Lott's calculations, our actual unemployment rate stands at 16.3%, not the trumpeted 9.4%. Obama would have us believe this is good news. Our president would also have us believe his claim that the $1.2 trillion health care reform proposal is just the ticket to jump-start the economy. (Hey, didn''t he just say he already jump-started the economy?) I digress...
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POPSHealth overhaul key to economic recovery "We must do more than rescue our economy from this immediate crisis. We must rebuild it stronger than before." You are right for once - resign dummy, that would be the best thing you could do for the economy.
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POPSStimulus has reversed Global Warming Why stop with the economy? Why not use lies to reverse global warming, poverty or a cure for Aids? My comment is as believable as her's and just as impossible to prove.
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POPSAmericans asked for change, not socialism Realizing that such opportunities are short-lived, the president and his fellow Democrats attempted to push legislation through the Congress with little time for debate or discussion. Moreover, they took a calculated risk in assuming that Americans wanted more government, and that they would be less resistant to an increased federal role as a result of their fear about the economy. Some of the latest polling data from Gallup and Rasmussen reveal that the president and the Democrats moved too far and too fast to the left for most Americans. And now the public is not reacting out of fear over the economy or the free market system, but from Democratic policies which will do far greater damage to our long-term economic freedom and prosperity than the recession alone.
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POPSIt's the Economy Stupid Our national debt is $12,000,000,000,000 (as in trillion). · Social Security’s unfunded liability if $11,000,000,000,000 (as in trillion). · Medicare’s unfunded liability is $48,000,000,000,000 (as in trillion). All of which adds up to $71,000,000,000,000 (as in trillion!). In short, the Obama regime has in six short months made the United States the most indebted country in the history of world civilization! This is “change,” economist Dick McDonald writes, that “only an imbecile could love.”
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POPSKnow-Nothing-in-Chief A good example of Obama's economic shallowness is his unrelenting defense of the $787 billion "stimulus." Enacted in February, it has had minimal impact on the economy. Yet Obama has no second thoughts. He says he wouldn't change a thing about the stimulus. It has "already saved jobs and created new ones," he said at the press conference, neglecting to note that 2 million jobs--a net 2 million--have been lost since it was passed.
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POPS TARP - has overtones of a criminal enterprise
“Government planning, government controls, state-directed economy, corporate capitalism, central planning, industrial policy – that’s what this has got,” Kudlow interjected. “This guy Barofsky said this thing has overtones of a criminal enterprise.” Liesman said it was the lack of regulation that got things to where they are currently, but Santelli responded by saying it’s also OK for things to fail in a capitalist economy. “I’m not fans of anything but capitalism and if it fails once in awhile, it’s better than Washington dictating,” Santelli added. “He’s the inspector general of the TARP program,” Kudlow said. “He is an attorney, he is a former special prosecutor – you’re going to tell me he’s wrong? I’m not making this up, I’m just reading his press release.” However, Santelli showed that government often fails when it attempts to participate in a free-market economy and cited one specific example. “My last word is – just think about Amtrak when you think about gettin
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POPSObama to Deliver 'Major' Speech Touting Economic Progress Just released was that consumer spending was down for March 1.1% - which was very unexpected. We are continuing to lose 650,000 jobs per month with no end in sight. Obama at some point will have to ditch the 4 million new jobs all this spending was supposed to produce and beg for trillions more from congress just to keep the job loss at the rate is has been at the past few months. If common sense is not restored to government soon, double digit unemployment will be in the near future. But what the worry - Obama's in charge!
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POPSA CRISIS OBAMA WON’T WASTE Now comes Geithner’s plea for extra regulatory powers and Obama’s concession to global economic regulation at the G-20 summit. Both moves are game-changers for any major American business. Geithner wants the power to take over any business — presumably in any field — whose failure would imperil the national economy. Today it’s banks, brokerage houses, car companies and insurance firms. Tomorrow? Who knows? And Obama agreed to agree on international “high standards” for the regulation of all “systemically important” companies to be promulgated by the new global Financial Stability Board (FSB). The United States, occupying one of 20 chairs on the FSB board (21 if we count the EU), will come to a consensus with other central bankers from the G-20 nations on what these regulations should say. Then the Securities and Exchange Commission, the Federal Reserve and the other regulatory arms of the U.S. government will impose them on our economy.
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POPSPalin Says No Thanks to Some Stimulus Money I can't attest to every fund that's being offered the state in the stimulus package will be used to create jobs and stimulate the economy, so I'm requesting only those things that I know will. THIS SHOULD HAVE BEEN MANDATED BY CONGRESS - IF the stimulus plan was designed to stimulate (which is was not) include the language and regulations to prevent abusive use of the funds. Kudos to Palin - an honest politican (I know - it makes you far left kooks puke - good!)
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POPSFrank targets financial reform in early May Since he is one of the main culprits responsible for the problem, he should know exactly how to fix it however he chose to ignore any attempts to fix the Freddie & Fannie problem before our economy crashed, he's just a couple of years too damn late.
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POPSWatching the United States Hemorrhage Jack Kennedy made only one important decision during his presidency concerning the economy and that was to cut taxes to end a recession he inherited. Ronald Reagan ended the recession he inherited by you guessed it, cutting taxes. Bill Clinton cut taxes as well to boost the economy. George Bush produced 6 years of good times by cutting taxes. Six years of good times before the lunacy of loaning money to people that would never repay it reached its certain conclusion.
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POPSCorporate tax revenue past five months plunged 45% Corporate tax receipts totaled $52.8 billion through February, down from $96.9 billion in the first five months of fiscal 2008, the Treasury said. Individual income tax collections were down 13 percent so far this fiscal year, totaling $388.5 billion through February compared with $446.9 billion in the year-earlier period. Yesterday, Barack Obama signed into law a $410 billion spending bill that includes an overall 8 percent budget increase for some federal agencies and thousands of congressional pet projects. When will Obama and the Congress realize you don't sitmulate the economy or create jobs this way?
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POPSStockpiling Grows As Economy Falters Blankets, flashlights and emergency cooking supplies are also in demand at the military surplus store. Kamaunu says the demand has coincided with the fall of the U.S. economy. “You just have to be ready for things to happen,” she said. “And if you're prepared, it's not quite as frightening as if you're caught short with nothing.” That kind of survivalist instinct also has more people growing their own food. According to the National Gardening Association, food gardening in the U.S. is expected to increase nineteen percent in 2009 compared to the previous year.
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POPSPelosi Says May Need to Fund Another Stimulus Still, all four told lawmakers that there is a high probability that more money will be needed later this year to stabilize the banking system and, perhaps, to stimulate economic activity more generally. "Policymakers need to do more. I don't think we're done," said Mark Zandi, chief economist at Moody's Economy.com, who has been advising House Democrats. "I think another stimulus package is a reasonable probability, given the way things are going. I think more money for financial stability to shore up the banking system is likely. That's very likely. And I think more money for foreclosure mitigation may also be necessary at the end of the day." The lunacy is un-ending!
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POPSIt's Not the Economy, Stupid -- It's Limbaugh In the waning, pre-TARP days of the Bush administration, the national deficit stood at about $500 billion. A panicked Bush and Congress then voted for the $700 billion Troubled Asset Relief Program to "bail out" the banks. Obama signed a $789 billion economic "stimulus" package, and Treasury Secretary Timothy Geithner announced a $2.5 trillion "rescue plan" for the financial system. Even CNBC's Jim Cramer, a former Obama supporter, called the administration's approach the "greatest wealth destruction I've seen by a president." Blame Rush Limbaugh. Obama, as part of his $3.6 billion budget, intends to spend -- strike that -- "invest" on things such as creating "green jobs," combating the effects of "climate change," health care and enabling "homeowners" to remain in their unaffordable homes. How does the President intend to pay for all these things? He wants to tax "the rich" -- those earning $250,000 or more
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POPSSurging U.S. Unemployment Rate Puts Pressure on Obama “They should be focused on stabilization” of financial firms “and stimulus -- and that should not only be ‘Job one,’ that should be the only job right now,” While the president’s $787 billion stimulus plan aims to create or save 3.5 million jobs, the U.S. has already lost 4.4 million since the recession began in December 2007, with more declines coming. "We’re going to have to have a lot more jobs than 3.5 million” generated to get a “serious recovery” in the economy, Harvard University professor Robert Barro said in a Bloomberg Television interview. Barro calculated a 30 percent chance the U.S. will slide into a depression, which he characterized as at least a 10 percent drop in gross domestic product. Government payrolls increased by 9,000 after a gain of 31,000 the prior month, one of the few areas still hiring. Another 26,000 jobs were added by education and health-care providers.
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POPS ACORN Members Ask Feds: "Where's the Hope?" "This country needs to address the crisis on Main Street, the foreclosures that are plaguing our communities and dragging down the entire economy." - Guess what moron, your stupid organization contributed largely to this economic crisis in forcing banks to go along with your dopey organization to make these ill advised loans to unqualified borrowers to begin with. That is why the economy cratered and you're asking us to pour more money down that same hole, hopefully we aren't that stupid again.
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