Stimulus Plan  (Page 3)

Who’s Heartless Now?

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Posted by  ▪  Friday, June 25, 2010 at 8:40am 6/25/2010 at 8:40am

Yesterday I posted about a speech by Sheldon Whitehouse (D-RI) in which Whitehouse accused Republicans of having no compassion for the unemployed. The speech was classic Whitehouse, painting anyone who opposed his view as morally inferior and heartless.

And it is a theme hit not only by Whitehouse, but by Democrats and...

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Sheldon Whitehouse Rewrites History

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Posted by  ▪  Thursday, June 24, 2010 at 2:55pm 6/24/2010 at 2:55pm

Sheldon Whitehouse has taken to the floor of the Senate again to accuse everyone who opposes driving the country further into debt of being against people who are suffering financially.

But that accusation, much like Whitehouse’s accusations against opponents of ObamaC...

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The Bully’s Pulpit

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Posted by  ▪  Thursday, June 17, 2010 at 8:30am 6/17/2010 at 8:30am

There is so much wrong with how Barack Obama has handled the Gulf oil spill, it’s almost hard to know where to begin.

Put aside the ineptitude of the approval process and clean up response. For today, I’m focusing on the tentative settlement with ...

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Greece Syndrome Defined

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Posted by  ▪  Saturday, May 15, 2010 at 8:56am 5/15/2010 at 8:56am

The fiscal equivalent of Stockholm Syndrome:

A term used to describe a paradoxical psychological phenomenon wherein government officials express adulation and have positive feelings toward unsustainable union contracts that appear irrational in light of the danger or risk posed by such contracts to the government.

Our politicians are hostages, they just don’t know...

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Mimi and Pop-Pop Say Thanks For The Stimulus Gelt

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Posted by  ▪  Monday, April 26, 2010 at 2:26pm 4/26/2010 at 2:26pm

Your stimulus dollars in action, buying high-efficiency refrigerators, low-flush toilets and a windmill for the Shalom Apartments (run by the Jewish Seniors Agency of Rhode Island) in Warwick, RI.

As reported in The Providence Journal:

Shaun Donovan, U.S. Secretary of Housing and Urban Development, is in Warwick this Monday morning to announce...

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Goldman Sachs Suit The Latest Crisis Not To Be Wasted

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Posted by  ▪  Monday, April 19, 2010 at 6:30am 4/19/2010 at 6:30am

On Friday, Goldman Sachs was charged by the Securities and Exchange Commission with fraud in the formation and marketing of a mortgage backed product, a so-called Collateralized Debt Obligation.

The gist of the allegations is that Goldman Sachs failed to disclose that a major hedge fund both helped in...

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Community Within Our Nation, Chaos In Theirs

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Posted by  ▪  Friday, April 2, 2010 at 4:30pm 4/2/2010 at 4:30pm

Another day, some more agitation by the Obama administration and Agitprop by the mainstream media, this time directed by Obama himself at Rush Limbaugh and other conservative talk radio hosts.

This country is boiling over, after over a year of a strategy of crazy, in which Democratic leaders and in-the-pocket columnists and...

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Health Summit A Manufactured Political Crisis

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Posted by  ▪  Sunday, February 21, 2010 at 1:10pm 2/21/2010 at 1:10pm

What Obama needs to pass his health care restructuring bill is a good political crisis. One in which he can stand there and proclaim, as he did with the stimulus bill, th...

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One Year Ago I Saved The Economy

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Posted by  ▪  Wednesday, February 17, 2010 at 1:35pm 2/17/2010 at 1:35pm

Barack Obama is claiming credit for “saving” the economy from a full-blown depression based on passage of the stimulus plan.

As with most Obama claims of success, Obama simply is exhibiting his prowess at using strawman arguments.

Obama compares where the economy is now, versus where the economy would have been on some...

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CBO: Stimulus Plan On Target To Increase Deficits

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Posted by  ▪  Tuesday, January 26, 2010 at 11:28am 1/26/2010 at 11:28am

The American Recovery and Reinvestment Act of 2009 (ARRA), commonly called the Stimulus Plan, is widely discredited as having done little to stimulate private sector job growth.

But one thing the Stimulus Plan has created is long-term deficits. The Congressional Budget Office just released a budget report which analyzes (at page 95...

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Shocked To Find Stimulus Jobs Overstated

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Posted by  ▪  Thursday, October 29, 2009 at 12:16am 10/29/2009 at 12:16am

Yet another “shocked to find gambling in Casablanca” moment. This time, the AP — yes the AP! — checked claims of jobs “created or saved” by stimulus bill spending, and found that the number of jobs was overstated by a factor of 1 in 6:

But the 30,000 figure is overstated by...

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The Most Monumental Power Grab You Never Heard About

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Posted by  ▪  Saturday, October 24, 2009 at 10:06am 10/24/2009 at 10:06am

The pre-weekend information dump included an announcement by the Federal Reserve and Treasury Department that the federal government proposes to extend its control over pay packages beyond financial institutions which received bailout funds.

According to the press release, the government proposes to monitor and, if need be, veto pay packages at any...

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Stimulus Creating “Full-Time Job Equivalents”

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Posted by  ▪  Saturday, October 17, 2009 at 11:55am 10/17/2009 at 11:55am

The Stimulus Plan is the key to Barack Obama’s claim that he has helped create and save jobs. But it is all a word game, as indicated by this report released by the State of Rhode Island and Providence Plantations (the state’s official name), stating that 1,703 jobs have been created...

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Clean Up Your Own Mess First, Mr. President

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Posted by  ▪  Saturday, October 17, 2009 at 9:22am 10/17/2009 at 9:22am

Barack Obama is on another “it’s all Bush’s fault” tear again. This time, using the tired campaign theme of cleaning up Bush’s mess:

Another way of putting it is when, you know, I’m busy and Nancy busy with our mop cleaning up somebody else’s mess –- we don’t want somebody sitting back...

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We Don’t Need No Stinking Doers

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Posted by  ▪  Wednesday, October 7, 2009 at 10:30am 10/7/2009 at 10:30am

A slow awakening of our reality is sinking in on many fronts. One of those realities is that we have moved ever more drastically from a nation led by doers to a nation led by non-doers.

Some formulate this as The Doers vs. The ‘Thinkers’ but I think that gives too much...

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Patrick Kennedy Exposes Privacy Threat

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Posted by  ▪  Monday, September 28, 2009 at 8:29pm 9/28/2009 at 8:29pm

My Congressman, Patrick Kennedy (D-RI), knows a lot about the importance of the privacy of medical records, having spent most of his adult life in and out of drug and alcohol rehabilitation. Yet Patrick is a hard line Democrat when it comes to government control of health care.

And therein lies the...

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Another Snowe Job

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Posted by  ▪  Thursday, September 3, 2009 at 9:50am 9/3/2009 at 9:50am

The hot topic at this precise moment in time is the concept of a public option “trigger” being proposed by Maine Republican Senator Olympia Snowe.

Snowe was one of only three Republicans to vote for the February 2009 stimulus plan; without those three Republicans (one of whom, Arlen Specter, formally became a...

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