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Unread 09-06-2011, 08:41 PM   #1
ChroniC588
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Default Obama's Job plan....$ 300 billion...cut in payroll tax and unemployment extension

That's Obama's job's plan...a repeat of what he's done for the last few years. $ 300 billion total...of which $ 170 billion will be extending unemployment benefits and reduction in payroll taxes (i.e. paying less to Social Security).

So somehow repeat the exact same thing that's been done year-after-year will produce a different result? That is the definition of insanity.

---
No wait...maybe his goal is to terrify senior citizens into thinking he's trying to bankrupt social security even faster so they will have to sell their 401K and houses at steep discounts.
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Unread 09-08-2011, 06:43 PM   #2
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Now its $ 447 billion....but same problem as before. He gives all this money away and makes the same mistake.

That mistake is he doesn't say what is the consequence to all the beneficiaries if they fail to jump-start the economy.

Only the Govt would give away that much money and not expect anything in return if it fails. That's why its doomed to fail, because there is NO CONSEQUENCE for failure.
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Unread 09-09-2011, 03:00 PM   #3
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Like Greenspan and Bernanke did, just keep printing away.

The world is joining that band wagon too:
Here Comes The Non-Boring Weekend: G7 Says "Central Banks Ready To Provide Liquidity As Required" | ZeroHedge

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Unread 09-12-2011, 06:18 PM   #4
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Hey-give the govt some credit! They don't just piss away money here at home-they send plenty to other countries to help them out too-God forbid we actually truly try to help our own here in the states. And lets hear more about balancing the budget-the national deficit is so high do they really think anyone believes they have any intention of ever paying that back?
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Unread 09-13-2011, 02:06 PM   #5
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Seriously wish we could shoot some more money over on to this side...we give other countries billions of dollars. What if we spent that here instead?
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Unread 09-14-2011, 09:35 AM   #6
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Unread 09-14-2011, 08:28 PM   #7
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The US sends only about 50 billion in total foreign aid a year. A good portion being military weapons and armament.

Of which about $ 13 billion is for Iraq and Afghanistan.
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Unread 09-16-2011, 09:45 AM   #8
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don't know if you guys saw this, but I thought it was an excellent testimony by Peter Schiff to congress. Too many "things" happening beneath the ice sheet for anything to change though...

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Unread 11-04-2011, 08:42 PM   #9
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Just shoot them all, all of congress for being complete idiots and babies... No solutions from them only reasons for it to fail... Big waste of time...
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