On CNN, Jeffrey falsely claimed CBO said that "64 percent" of stimulus bill "isn't going to be spent until after September of next year"
SUMMARY: On CNN's State of the Union, Terry Jeffrey falsely claimed, unchallenged, that in its cost estimate of the recovery bill, the Congressional Budget Office said that "64 percent of this money isn't going to be spent until after September of next year." In fact, including both outlays and tax cuts, CBO has estimated that about 64 percent of the bill would be paid out before the end of September 2010.
On the February 1 edition of CNN's State of the Union, CNSNews.com editor-in-chief Terry Jeffrey falsely claimed that in its cost estimate of the American Recovery and Reinvestment Act, the Congressional Budget Office (CBO) said that "64 percent of this money isn't going to be spent until after September of next year." Host John King did not challenge Jeffrey's false assertion. In fact, CBO's estimate is the opposite of what Jeffery claimed; as Media Matters for America has noted, according to the CBO, including both outlays and tax cuts, CBO has estimated that about 64 percent of the bill would be paid out before the end of September 2010.
In its analysis of the bill as passed by the House, CBO estimated that $169.6 billion would be paid out before the end of September 2009 and an additional $356.1 billion before the end of September 2010, meaning that $525.7 billion would be paid out before the end of September 2010. It also estimated that a total of $819.5 billion would be paid out between 2009 and 2019, meaning that CBO estimates that more than 64 percent of the $819.5 billion will be paid out before the end of September 2010.
Jeffrey joins other media figures who have misrepresented CBO's analysis of the stimulus package on CNN.
From the February 1 edition of CNN's State of the Union with John King:
KING: Terry Jeffrey, I want your conservative voice in this debate. And as I do so, I want to show our viewers your article in the front page of Human Events -- is a conservative weekly newspaper, read very widely by the conservative activist base of the Republican Party and the conservative movement -- "For Obama, It's Not We the People, But We the Government."
So if that is your take from the right, what should conservatives do at this moment?
JEFFREY: Well, I think they have to force real due diligence on this bill, John. We saw the $700 billion financial industry bailout, ran through very quickly last fall. There hasn't been as much due diligence on this bill, which actually spends more money. I think what has to happen is the cabinet secretaries in the Obama administration that are going to be responsible for dispensing this money need to come into the congressional committees and explain clearly where this money's coming from, it's all being borrowed. Secondly, how it's going to be spent, when it's going to be spent, and most importantly, how is this money actually going to create jobs.
CBO said last week, 64 percent of this money isn't going to be spent until after September of next year, a lot of that are so-called tax cuts. Those tax cuts -- many of them, in fact -- are refundable credits that will be paid out in $500 or $1,000 checks to people who didn't pay income taxes in the first place. How is that going to really create jobs in the economic crisis?
KING: CBO, for those of you out in America who don't understand the funny language of Washington, CBO is the Congressional Budget Office. Terry Jeffrey makes the conservative point.
*tee- hee*! Saying C-B-O is funny ;)!! Wow... thanks King. And, NO, pov!! I'm NOT giving the guy a pass for after Sept. instead of BEFORE the end of Sept. He is lying!
Awww, did pov get reduced to word smithing?
"For Obama, It's Not We the People, But We the Government."
Government is us, TJ. Of, by and for the people. Remember?
These right-wingers are ridiculous, they tell America to drop dead with their NO! vote on Obama's Reinvestment Act, tell us that low income people don't count because they don't earn enough to justify charging them an income tax. We are all citizens of the United States, in liberty and equality, not subjects of the wealthy elite these conservatives play for.
Anyway, even if this Limbaugh Republican, Terry Jeffrey, wasn't lying through his teeth, what does it matter if this money isn't all spent immediately? Tell us why it has to be spent right now and show us the pork you wing-nut idiots keep b******g about.
How much was that,again, for the endowments of the arts, roundhouse? And you can't think of any pork? what about 470 million for "family planning" overseas? The list is growing but you can't see it. Your blind in one eye.
I'll tell you what I told Oscar.
Put artists to work on public art and not only do you get well designed public spaces that boost real estate values, you get the artists buying paint brushes, canvasses, wood, metals that somebody else had to make. It puts money in the hands of the eager to work and creates a demand for production of materials. And nobody is more likely to spend their money than a starving artist.
It's a bigger interconnected web than what naysayers, who would have you believe that all this spending will go in one direction and stagnate, are telling you.
Giving money to the endowment of the arts will not do what you stated. What about the 470 million for family planning overseas, roundhouse. You skipped past that one. I can't wait to hear the convoluted explanation for that one. Here, I'll take a stab at it. The 470 million as aid to 3rd world nations for abortion assistance will decrease the population in need of aid at a later date, thereby reducing the taxpayers liability in the future. And since many of the "unwanted" births usually produce criminals that hate America, it will reduce the number of terrorists willing to do harm to Americans. How'my doing so far? I've got this liberal cr*p down, roundhouse. All it takes is a carefully crafted string of words and all of a sudden it all makes "sense".
Right. Just insist I'm wrong about generating economic activity through supporting the arts. No explanation. You're right. Period.
As for the 470 million, it's a pittance compared to one week in Iraq. It prevents the spread of AIDS through education and distribution of condoms. The best diplomacy, the best way to enhance our national security is through humanitarian action. Sorry you disagree and need to spout invective lies about Obama's recovery plan. Your dishonesty betrays your desperation.
Now, go find Bin Laden and cheer together for our economic failure.
Obama wants to focus on Afghanistan. ...hope you get word to him that diplomacy will save the day w/Bin Laden, just as soon as he catches up with him. Should be easier if Binny knows we just wanna talk.
Re: the Recovery Plan--do you know there is a provision in there where I mow your lawn for $40 an hour, and you mow my lawn for $40 an hour? Think of the job creation, and it's worth that kind of money, right?
...that condom distribution plan is going to have stiff opposition...
You seem to be saying trickle-down economics works, roundhouse, in your defense of giving my tax dollars to starving artists. I guess it works when the government is the supply side but not the hardworking entrepaneurs and everyday stockholders. I believe you just "stepped in it" roundhouse. As for the 470,000,000.00(looks bigger this way,huh) being just a pittance just goes to show you're willing to justify porkbarrel spending by this administration(God knows we saw enough of it the last 8 years). Suggesting this money enhances our national security is quite a spin, but like I said before, string a few well crafted words together and it might seem to make sense, if you're not paying attention.
Oh, man. You really don't even understand trickle down, apparently. Trickle down is about giving tax cuts to the upper crust elites and hope they create some jobs. In other words, pure fantasy, just look at what big money bankers are doing with our tax dollars today: doling mad bonuses to each other. No. What I'm talking about is creating actual projects for low income artists. I'm talking about bottom up economics, I'm talking about including the middle class in an economy for all.
Look, it's your problem alone that you think the only way to deal with the world is to send in some tanks. You're a cretin. Force is always a last resort, except to pathological right-wing authoritarians for violence is their fetish. Violence is the opposite of power.
Humanitarian efforts that combat disease and poverty are always first line of defense, humanitarianism enhances our national security by building a more stable world. You really need to just go hang out with W. You both suffer from a debilitating immaturity that disallows you to see the world from another perspective. See, your way is destructive and breeds contempt.
Borrowing a quote from your post:
"Put artists to work on public art and not only do you get well designed public spaces that boost real estate values, you get the artists buying paint brushes, canvasses, wood, metals that somebody else had to make. It puts money in the hands of the eager to work and creates a demand for production of materials. And nobody is more likely to spend their money than a starving artist."
Questions:
1) Why were they starving in the first place? (I could name a few) there are social programs in place to prevent that, already.
2) Are they going to be forced to buy American made; brushes, canvases, paints and other materials or are they to go to Wal-Mart? Keep in mind, this section of the bill doesn't help much either, if the money is spent on foriegn made products. The only person that it helps is the cashier making that pitence of a wage you keep bringing up. Where's your compassion for organized labor?
We have a 40ft tall $60,000 leaning fire hydrant designed to look broken that sprays water and takes up an entire lot downtown. To be honest, It is an eye sore. The wasted city money on this "so called art" could have gone to helping those in TRUE NEED, such as a shelter, food, clothing or EDUCATION. Trust me, this artist should be starving and so should those that approved the project.
Why were they starving in the first place?
Because our conservative culture places no value on education, places no value on any cultural movement that doesn't conform to their very strict belief of what it ought to be. You're a prime example of that narrow mindedness.
And you're such a ridiculous hypocrite. After all these years of cons screaming that government is too involved in everyone's personal lives, you are making a back door argument for forcing free citizens to buy American. Your lack of awareness is amazing considering most every small time artist is deeply patriotic in that they tend to buy local.
Please, kid. Don't tell me about Wal-Mart, not when the conservative opposition to organized labor is right in line with the Wal-Martization of wages.
God, you're so puny. Come back when you got some actual game.
Like I told you, "I DO NOT PATRONIZE Wal-Mart"
I'm not at all for forcing free citizens to buy anything.
You're the one screaming for better JOBS and pay thats more than a mere pitance, But while preaching, DON'T wine to me about substandard pay and greedy employers while your buying CHEAP imported junk produced by CHEAP labor (that you oppose). You can't have it both ways.
Just because they buy local DOES NOT mean they are buying American "QUALITY" made.
Why do you think Wal-Mart is the worlds largest PART TIME employer???? conservitive opposition to big labor has nothing to do with it.
What are you going to do when there is nothing left to take and/or nobody else to take from and there's nothing left to give out???? Uuuuhhhhhooooo.
Thought for you to ponder: If we took all the money that exhists in the world today and divided it equally to each person in the world, How long would it take before we were right back to having different classes of people?????????????
Now get off the tee ball field and try to throw me a real curve.
Fact: you will always have those that: Can't, Don't want to, that try, that do good, that do real good and the rich. You can't change that fact even if it was mandated that everyone got paid the exact same wage.
Calm down, Francis. You raging hypocrite.
You're a corporate totalitarian. You would rather worship at the altar of big of big money than pay homage to the working class heroes that brought you living wages, pensions, 40 hour work weeks, vacation time, over-time pay, safe work environments, child labor restrictions, workers rights and quality work standards. In short, you would rather stand for those who would subjugate you through slave wages than stand with those who have brought you a better standard of living.
Also, come on already, it's obvious you love government authority so long as it makes us live according to your right-wing nationalist ideals. Own it. It's what you are. You're a screaming fascist conservative.
Quoting you from above:
"You would rather worship at the altar of big of big money than pay homage to the working class heroes that brought you living wages, pensions, 40 hour work weeks, vacation time, over-time pay, safe work environments, child labor restrictions, workers rights and quality work standards. In short, you would rather stand for those who would subjugate you through slave wages than stand with those who have brought you a better standard of living."
Remmeber this the next time your paying homage to that foriegn made object you so pressiously desire.
Lame, dude. But very typical of the apoplectic reactionary right-winger who does not believe a word they say: you say anything to avoid reality.
We'll, W H E R E are your facts. The only thing that comes from your brain seems to be name calling & slander.
Look in the mirror and you'll see a big part of the problem. OOHH, Would you please pull that tree out of your eye.
We would ALL be better off if we din't have to lug you around like a ball and chain.
You're getting hysterical. Take a pill and breathe. Look on the couch. My facts are sitting right next to yours.
While your in the pout house, waiting for your hand out check to arive. I'll be out there working & striving to better myself, my company and my employees even further.
Darn, geez, another recall on moters MFGed in china. Oh well, you get what NAFTA called for.
Sorry, gotta go do some warranty work, AGAIN.
Please come back when you can be coherent.
If I'm a starving artist and I can't get a job being an artist, does it make sense to continue to be an artist? To you, I guess it does because all you have to do is look to the benevolent Obama administration for a hand-out. It worked for Tom Daschle, why not starving artists. The obvious thing to do is what kno-bll6010 stated and what I personally have done in my life, is to re-train yourself(on my own dime) to exist in a market where I can support myself and my family. That is what America is all about. Your way is the lazy-man's way.
Again you prove your intractable rigidity and fear of change with your calcified cultural conditioning.
Don't know about you, but I'm glad Vincent Van Gogh didn't quit like you would have. Quitter.
You're crazy if you think you exist independent of the grand infrastructure, both intellectual and physical that has been handed down by our forefathers, You are nothing without the generational accumulation of wisdom and benevolence of our society.
But I was hoping you would roll out that lazy man taunt.
Has anyone here heard such contempt for the American spirit that pushes us ever onward and upward? You think that if an American makes a living wage, can support their family without going into debt, that citizen will become impotent in their ambition. How condescending, how utterly despicable the conservative is to so hate on the American work ethic.
You corporate totalitarians have broken the social ladder that creates broad prosperity. Anti-American sickos that you are. America is about opportunity, but you would rather enable the current massive economic inequality gap and give disproportionate political voice to the wealthy elite by enforcing the same old conservative ideology.
Why do you hate democracy?
Vincent Van Gogh was driven to insanity by excessive drug and alcohol use, roundhouse. You called me a quitter after explaining to you that I retrained myself because what I had done for over 14 years became obsolete by virtue of the free market( I repaired VCRs and camcorders from 1981 to 1995 after which they became throwaway items). I went back to school and got my license for air conditioning repair and did well for several years until plasma and flat panel lcd tvs hit the market and you call me a quitter? I hate the American work ethic? The rest of your comments simply rolled off of my back. I'm wondering if you and Vince have something in common. Then you ask me why I hate democracy? I really have no answer for your reply. I'm dumbfounded.
Good for you. But you're a damn liar. Vincent, as well as, his brother Theo suffered from mental illness.
Don't tell us you respect working people, not when you argue to keep them down at every turn, hypocrite. And don't try to tell us you did it all by yourself.
You're absurdly mistaken.
BTW. Vincent was devoutly religious. He went to seminary but was not ordained because of his zealotry. Theo was a successful art dealer.
Anyway, not the point. If Vincent would have quit and become a horse carriage repairman or some such, that just be ye another genius deferred to the conservative bent to be normal and submit to the status quo.
.....and BTW, who says I'm "rooting" for economic failure? I hope Barry does well, I just don't think this bailout is the way to do it.
Right. More like you would rather keep implementing all those ignorant conservative Reaganomics that got us here in the first place so you can turn around and say, "look, liberalism doesn't work. You need us to save you."
You people are ridiculous. How you even think conservatism is anything more than an regressive, idealized social model is insane.
Roundy, it's obvious you've never run an enterprise as complex as, say, a lemonade stand. If you had, you wouldn't be regurgitating that Utopian Pablum mainlined into you by your "progressive" High Priests (Daschel, Geitner, Dodd, Rangel--all tax cheats--woops, I forgot Madoff) who by the way have nothing but contempt for their worker-bees; they truly believe you can't rise above your station in life--the one THEY assign you to. All they have to do is utter some trigger words like "trickle-down", "the rich", "Wall Street", and you start convulsing and foaming at the mouth on cue.
You'll still be bitching about Raygunnomix when you wake up and realize you've impoverished yourself beyond beleif by embracing Socialism. You gotta blame somebody else.
Oh, how very predictable. Every time a liberal backs a corporate totalitarian conservative into a corner by espousing the traditional American values of effective government and mutual responsibility, the con is left with no option except to sputter duuhhh socialist.
Pathetic.
2/1/09
Please forward to John King
Dear Mr. King,
You have on Terry Jeffrey today. He states that "64% of the stimulus bill won't be spent until after September 2010."
You sit there.
Of course Jeffrey has it exactly backwards. CBO projects that 64% of the stimulus will be spent "before" September 2010.
You sit there.
Jeffrey just played you for a sucker. He made a fool of you. He thought he could get away with it. It looks like he did. You've got to do more than just sit there if you want to be a journalist.
This economic crash is a wet dream for Utopians. A perfect opportunity for a giant Porkulus package as rewards for votes and down payment on future votes.
The commercial banks and investment banks should not have been bailed, nor the auto companies (they won't survive--everybody's kidding themselves), nor California of any other bloated bureaucracy. Sound banks and other auto(or alternative transportation) would pick up the slack.
If you disagree, prepare your speech for your grandkid(s) now. Explain why you agreed to stack this much debt on their plate.
Actually, this economic crash is the consequence of Reaganomic Utopians. All that kill, instead of run a good government. Now, show us all exactly all this pork you're griping about.
And just so we're clear, your answer for all the people whose lives are inextricably linked to the banks and auto industry is, "go to Hell?"
In particular, you're right about the auto industry, we should give up on them, they can't retool and create a product that people will buy. Thank God you weren't in charge during WWII when, in a matter weeks compelled by the urgency of the times, auto makers reinvented themselves around a common purpose. According to you, we should give up on the big three, though, being the quitters we Americans are, we can't do anything like that again. Besides, all those unemployed, uninsured, pensionless millions of people won't cost us a dime to cut loose. Good jobs with living wages are so easy to come by today, let all of them start over and work into their eighties and nineties. Their grandkids will think the trade off of not having a job will be worth not having gram and gramps live under the same roof.
Yeah, you're really smart. It's obvious you have contemplated this far beyond your smug little, over-inflated sense of self-interest or your political resentment of anything liberal.
Freakin' genius. How does it feel to root, like Limbaugh and Al Qaeda, for Obama to fail?
Businesses that can't survive should fail. And as for not producing vehicals that people won't buy, Ford has the #1 selling vehical.....The F150.
With respect, It's the American people them selves that put this country in the mess it is buy overspending and living beyond their means. One example: We have the lowest mortgage rates ever, Yet after learning they didn't qualify for the fixed rate thier greed took over and they signed papers for an ARM no money down and in some cases a loan for more than the value and received a check at closing. You mean to tell me that alarm bells didn't go off in their head that, hay I might be putting myself in jepordy of defaulting??? I quess that check silenced the bells. Don't qive me that remark about they did't know and the mortgage company hid the facts of the loan. Thats what the terms in the paper work are for. It's their own fault if they didn't read them or the lawyer/agent did't explain these terms to them.
The people who gave out those loans are equally guilty. They knew most of these folks would go into default but the pay-off was too big to pass up. Then you had W. pushing the ownership society down our throats, as if it was our patriotic duty to go shopping and get deep into debt. This crash could have been ameliorated had we had a strong social safety net still in place and strong wages for the strongest workforce on the planet. But no. Cons had to kill government, had to take the easy way out instead taking some damn responsibility to run our government on our behalf.
Please. You're sick. Just let all those unemployed auto-workers die is your simple headed answer. As if there would be no consequence of letting them fail.
...lessee, Cons KILLED the government? The government is bigger than ever, so please explain. So Hawkish Liberals (now known as Neo-Cons) grew the government--how surprised can anybody be about that?
That's the job description for American Royalty (Bushes, Kennedys, etc.)--grow the government, build a dynasty.
It's true, I left out one word in my sentence. Conservatives have killed effective government.
They have murdered the fundamental social contract of a government of, by and for the people.
OK, you boys have it your way now--of, by, and for the bloated bureaucracy you think will bring about The Worker's Paradise. We'll watch you build it some more and then bitch because it isn't working out.
Let's put ALL the taxes where YOU want to put them. It makes absolutely no difference--I collect taxes from you, you collect taxes from me, and we turn them over to the fatass, do-nothing bureaucracy. Just how much tax do you want me to collect from you--taxes are just another business cost among other costs, so load 'em on! I'll just collect them from YOU--you're gullible enough to think I'M paying them instead of you. Meanwhile the fatass bureacracy (your Progressive High Priests included) just lean back in their lounge chairs and have another cigar.
That's some pretty incoherent griping.
If you can't comprehend the FACT that ALL taxes come out in the cost of goods and services, you're to be pitied.
Should somebody draw you a picture, or what?
And you are to be pitied for being too ignorant to realize that Obama's recovery plan includes tax cuts for the people who really need it. If you think that the upper ten percent of income earners are the only ones who create jobs, you are a fool.
I realize many people can't work and need help. I will do whatever I can for that group, But:
Since when do able bodied lifelong welfare recipients create jobs? Oh, wait a minute, they are counted as employed and are not counted in the percentage of the unemployed. I see, give a raise and pop out more babies, that'll get the economy going real quick. I get it, subsidize/give grants, to produce more potential employees,
The biggest stumbling block is givig out consitent hand outs, This lowers the the personal reliance, motivation and dignity.
Why should I and MANY others work our butts off to support those that don't even try? What if we said the heck with it, It's not worth it any more? You know, Your side said we may have to forgo profits for a while. HHMMmmm, Why should I keep trying then?
The illegals have a better work ethic than a portion our own society. Excuse me if I have a problem with illegals taking jobs that could go to those trapped/employed by the welfare system. I understand the need for the wefare system, but it needs to be revised to put these people into the work place, not keep them there. Excuse me if i am tired of seeing welfare recipients quite their job to simply avoid paying 2 dollars in rent. Excuse me if I am tired of pitching in to pay the electric bill for those that will not do simple things to help reduce their utillity bills. Excuse me if I am tired of fixing things torn up by them in their rent free residence. Excuse me for being discusted when hearing them say they wont get a job unless it pays $15 hr or more to start (MOST of the successful people started at the very bottom and worked their way up, example: Buffet.
And EXCUSE ME for wanting to help these people get a good job so they can gain back thier self respect and their dignity and wanting them to have a better life, while becoming successful and moving up the ladder.
Excuse me for not supporting letting good jobs go elswhere, so those people can be paid a pitance of a wage so we can but it cheap while American workers suffer the consequence from those job losses.
I gave you: My research, the document web site, The page numbers and specific lines (so you can't say I twisted the meaning) and that's the best reply you can come up with.
I'm waiting for a reply with substance, as you always request.
What are you bleating on about?
Tommy, is that you?
Ever think that people defaulted because they lost their jobs and/or had a medical emergency? Probably not.
Foghorn,
You mean to tell me that ALL of the people that defaulted on their house, lost their job or had medical problems???? Come on you can do better than that excuse.
http://money.howstuffworks.com/personal-finance/real-estate/number-one-reason-for-foreclosure.htm
Here's a little reading for you.
It's the American people them selves that put this country in the mess it is buy overspending and living beyond their means
So I guess you're a card carrying member of the "Blame Americans First" party.
FACTS:
1) Effingham Illinios, 1979. Trucking Company gives UNION members 30 day notice saying that, "We will shut this terminal down due to company restructuring, if union members vote 'NO' to having a split work week in the upcoming vote."
2) This was the only company terminal system wide not utilizing a split work week.
3) In this town at that time: 48% of jobs at trucking company 45% of jobs at World Color Press & 7% jobs other.
4) Long history of close generational family ties in this town.
5) Union members vote "NO", only 1 member voted yes. At the conclussion of counting the votes, The terminal was shut down.
I guess we blame the big business for that one.
Facts:
1) Dayco in Ocalla, Fl 1998. Union tries to get our vote to unionize.
2) Co-worker asks union official, "If the guy working the machine with me has an accident and tests positive for drug use, are you going to protect his job?" The Union official replied, "Yes, we will keep him on the job!"
3) Overwelming "NO" vote to the union.
GO UNION.
Facts:
1) 1960"s Trucking company in Richmond, VA. has frieght going to Phylly, PA.
2) Union Driver has to drive load south to North Carolina and turn around before going to Phylly,
3) That turn around point still exists today even though it hasn't been used since trucking deregulation.
Imagine the air pollution created by that stupid regulation, But, hey bring on the new regulations.
My grandchildren already know why they'll have so much debt to repay. They know that they're going to foot the bill for George Bush's failed foreign policy. They're going to have to pay the interest on the billions that will never be accounted for in lost Iraq cash. They know they'll be paying for all of the no-bid contracts to Cheney's Haliburton. they know they'll be paying lifetime medical costs for more than ten thousand soldiers, sailors, Marine and and Air Force personel who suffered horendous injuries due to GW's folly.
They know they'll be the ones paying for the greed of the investment bankers and financial industry executives who've repackaged and resold the same bad mortgages to each other countless times with someone making a huge profit with every transaction.
They also know that their parents and grandparents worked hard, paid their bills, voted against those who sat by and watched their future burn. They know as they see their parents and grandparents savings and home values shrink each year.
They'll be able to tell their children, that they're proud of their parents and grandparents. They saw what was happening to their country. They spoke up. they we're vilified and called traitors and cowards, yet still they spoke out against their government.
They'll also know that their parents and grandparents were right.
Money burned during Dubya's time is sizeable, but MINIATURE in the big picture of PONZI SCHEME social programs we have enslaved future generations to, and you know it. A number of FIFTY TRILLION is easily calculated, even at present rates of Social Security, Medicare etc. etc., and the present gang promises even more compassion. If you have not told your Grandkids of this fact, you are not telling them the real story.
...and try to get ahold of yourself re: Wall Street. The total loss of 25 million sub-prime and Alt-A loans is 5 trillion if they go to ZERO; nobody thinks they are going to zero, and furthermore a lot of that (social engineered) paper is in foreign hands. Repackaged and resold the same bad mortgages to each other COUNTLESS times--how does that work?You were a Money and Banking Major at your university, I guess. Just a basic explanation, with basic backup, will do.
While you're point out greed with your nose in the air, tell them you weren't greedy buying all that Wal-Mart junk--you just wanted to help the poor in China.
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Roundhouse, your 2 responses, especially the second one, are able to convey so much in so concise a form that I’m keeping a copy to pass on (credited, of course;-). The far right (which seems to be all the pols since the moderates vote with them) has mastered emotion as a primary form of “informing” and your post manages that on a bottom line level that is a wonder to behold—and no sarcasm intended. The difference, of course, is that you choose to not just spout slogans and concepts/corrections. The concepts are easily Goggled and every sentence rocks. You don’t see much reference to the negative effects of Reagan’s policies in the news or in magazines, or even on the web, so please keep it up. Reagan had a gift for saying one thing policy-wise and simultaneously doing something entirely different. While “supporting the troops” my mother-in law received a letter from President Bush cutting her widow survivor benefits in half (husband was career Air Force, a Major). OT, I know but it jumped into my mind and wanted to share it. I have to watch my B/P these days and it helped.
Circuitously, my point is that even here in Rushland, TN, such statements as in this article the “misinterpretations” of the recovery act, the statements by Republicans weeks before the package was released that they would vote against it no matter what concessions as a show of solidarity and the resulting lockstep vote, all are now in a light of day that more and more makes the party look like a splinter group or cult, rather than a political party.
Therefore, there is hope. Unfortunately, posts like yours are difficult for the rebublical Faithful because it requires a) a concept of “we the people” or b) the willingness to do very minor research on topics contrary to conditioned and concretely rationalized beliefs. However, if posts and comments like the ones to which you responded continue to be addressed forthrightly as in the early parts of this thread, fascist thinking is exposed more and more for what it is.
Well said.
Thanks cycat. I draw my inspiration from as many sources as possible. I don't come up with this stuff in a vacuum. I take cues from fellow posters here and the broader progressive community all over the internet. So take my words and make them your own if you choose.
Sorry, about your mom. Is it any wonder that suicide rates spike under Republican leadership?
Your last line in response to cycat is the most pathetic bit of pandering I have ever seen on this website. Ya really oughta be ashamed of yourself.
You? Shame me? Not gonna happen.
I am telling the truth.
May I direct your attention to the American Recovery and Reinvestment Act page 214 line 9 thru page 215 line 4. I will not waste my time quoting it as I make my point. You should also be outraged as I am, as I am making your point as well, regarding organized labor and wages.
You people claim that we conservatives are not compassionate about the working class, Union or not. Well take a real good look at this. The only provision to buildings is to use USA made steel. No other provision is stated for exclusive use of other USA made products in building construction.
The Unions caused the shut down of a vast majority of steel mills in this country, Call me a liar if you want, but go and look at Pennsylvania before you do, I’ve personally seen the abandoned mills.
This provision leaves 3 outs for the use/inclusion of foreign made steel. It also hints at price controls, which could cause labor cost reductions.
If this bill is ssssooooo good, then where are the provisions of making sure that USA materials are used for the entire building(s)???????? Where are the provisions to make sure the building materials are produced in and by the American people????? Or, maybe your just interested in the many hand outs this bill provides and not a job creation for the people???
Oh, you've seen the mills, so you know the history.
Spare me your delusions. I've worked in the factories of Pennsylvania. American industry hit the skids not because of unions but because of foreign competition. Other countries did not paying living wages and cared even less for the environment than the American manufacturers. They undercut the price of manufactured goods, plain and simple.
It was the bottom line that caused industry to fail. I know you're going to say that we need to compete globally. In theory it sounds great, but are you willing to do your job for what a similar worker is paid in Sri Lanka or Pakistan? How would you like to retrain the person from India your company hires to replace you at half your salary?
But you buy those cheap labor made goods, don't you?? Furthering my point.
Some of you are missing the point about people, companies and profits.
Working people are like businesses, they work for profit. You go to work to make money and when it’ all said and done, you hope to have more than enough to cover your current lifestyle and living expenses. What’s left over is called “PROFIT”. You then reinvest this “PROFIT” into savings, retirement or to expand your current life style. If you don’t make enough, This is called a “LOSS” and like businesses, you have to find out the root cause of the “LOSS” and implement positive changes to turn this “LOSS” into a “PROFIT”. Not taking steps to better/improve yourself, or simply waiting/hoping for continuous handouts, will not correct this loss. If you take away profit, what motivation exists for anyone and/or companies to go out and achieve the best/most they can?
You hope one day, to have that 4000sq. ft. home with five baths, provide your children’s education, own a new car and ect... Hey go for it, It’s the American Dream.
Most views expressed on this site by posters are actually holding you back from realizing your dreams. Let’s say you come up with an idea or start your own business. First, are you going to limit your potential profit? I think not, you should be allowed to make as much as you can. If your idea takes off, are you going to put a price control on your product or service? I think not, you will get what the market will bear. If over time however, you start to fail due to competitiveness, bad management or other situation and then spend all of you’re saved up profits trying to save your business. Should you then, ETHICALLY, pass on the burden of saving your business to the entire nation while refusing to file a restructuring bankruptcy? I think not. You should either file or close shop and move on to something else.
I was told when starting my company, by a friend, “Don’t worry about losing or giving up a contract, because something bigger and better will come along to replace it.” Believe it or not, I have found this to be true on many occasions. In some cases the new contract was worth 3 times what the lost contract was worth. Did I look back at what I lost? NO, I moved happily forward as someone else pick up what I lost.
The cool thing about the American People is that; if something fails, someone will be there to pick it up and replace what was lost. By this I mean; if a company goes under, another one will come in to take its place provided there is a strong enough demand for this product and/or service.
Now you've gone and done it,kno. You've gone and explained the true America I've grown up with. The America that has proved to be, by what you just stated, as the greatest nation on earth. The America that has drawn millions of immigrants, 99% of whom come here to realize what you just stated, if they work hard and obey the rules. Yes, kno, you've gone and stirred up the the angry liberals who will rip you to pieces for posting such "hateful", anti-socialist rhetoric. Hold onto you keyboard 'cuz the name calling will begin shortly.
Thank you. By the way my keyboard is 8yrs old, they can't do much more to it.
Yes, Sig--to borrow from your phrasing--the torch-bearing mob is on its way.
Kno--thanks for saving me a lotta posting time. I was going to say something like that, and you said it better.
I gotta get back to work.
Thank You.
Looks like you three kooks are the only torch-bearing mob on this thread.
Check out another bill post at http://mediamatters.org/items/200902020009
While your round the house, here is some free, Oops, I mean entitlement education.
There is more to The ARTs than painting and sculpturing. Dance, Acting, Poetry, Writing, Singing, Cooking, drawing & Music are some of the many forms of the ARTs. Just some entitlement FYI
Hey, did you notice that the Senate bill version, now includes the Buy American Act clause added to it for buidings.
Finally, some justice FOR the American people.
Now they need to add it to that 60,000,000 Vehical purchase part.