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Stimulus Plan Tag

Posted by William A. Jacobson on February 24, 2009 2 Comments

Second time this week, I'm in agreement with a NY Times columnist, at least on the language I quote if not the overarching Obama-maniacal subtext. First, it was Maureen Dowd writing on the cowardice of Eric Holder. Now David Brooks, warning that the administration's economic...

Posted by William A. Jacobson on February 24, 2009 0 Comments

I wish this were a joke, but it's not. The town of Dryden, NY, near Ithaca, has plans to build a bridge in an area so remote that the town does not want to spend its own money on it, so it is seeking federal...

Posted by William A. Jacobson on February 24, 2009 0 Comments

The website DebkaFile is reporting that Bibi Netanyahu's choice for Israeli Foreign Minister is Anatoly (Natan) Sharansky, a hero of the Soviet refusenik movement. For those of you who are not familiar with Sharansky, his story is inspiring. In the weeks just before and after...

Posted by William A. Jacobson on February 22, 2009 0 Comments

(Thanks for sending me this, Patricia!)...

Posted by William A. Jacobson on February 22, 2009 37 Comments

The beginning of a protest movement against Barack Obama's redistributive policies is underway. Though still small, every movement starts somewhere. While called the "Tea Party" after the Boston Tea Party, this movement is similar to movements throughout history where the producers of society refuse to...

Posted by William A. Jacobson on February 21, 2009 4 Comments

Another Obama "I told you so," this time from Investor's Business Daily:Last Oct. 13 [2008], in trying to explain why the market had sold off 30% in six weeks, we acknowledged that the freeze-up of the financial system was a big concern. But we cited...

Posted by William A. Jacobson on February 21, 2009 1 Comment

I am about to tread where sane people in this society dare not go for fear of having their words twisted: Discussing race. Attorney General Eric Holder told us not to be cowards on the subject, so let's talk about whether non-racist cartoons or words...

Posted by William A. Jacobson on February 21, 2009 0 Comments

Hillary Clinton went to China to assure Chinese investors (i.e. the Chinese government) about the safety and security of investing in the U.S. (video here). Great. What about assuring U.S. investors? Don't we matter?With the export-heavy Chinese economy reeling from the U.S. downturn, Clinton sought...

Posted by William A. Jacobson on February 21, 2009 0 Comments

This must be some sort of plot to undermine Republican opposition to Obama's stimulus plan. Online marketers of "free government money" get-rich-quick schemes now are targeting Republicans:Where did I find this? Through a Google Ad over at Finkelblog. Seems like Mark's audience must have been...

Posted by William A. Jacobson on February 20, 2009 3 Comments

There's an old saying on Wall Street that a bear market has not bottomed out until the last bull capitulates. News flash. The last bull has capitulated. Me.I'm a true believer in capitalism and markets. There is no better measure of what an item is...

Posted by William A. Jacobson on February 17, 2009 4 Comments

"This is the worst economy since the Great Depression!" How many times have we heard that phrase in the past six months? Put aside that by almost every measure (particularly the unemployment rate) that statement is outright false. Nonetheless, that argument is used to justify...

Posted by William A. Jacobson on February 16, 2009 1 Comment

[youtube=http://www.youtube.com/watch?v=dnT21hmlT4o]Video, CD, and Lyrics by Michael AdamsHere's the chorus:I want my bailout moneySweet green cash just dripping with honeyGotta keep this economy runningI need another hit of my bailout money...

Posted by William A. Jacobson on February 16, 2009 0 Comments

The Endive website has obtained a copy of a page from the stimulus plan in which Democrats in Congress hand wrote changes (photo). Dummies. They forgot to include bread. You just can't trust Congress to do anything right....

Posted by William A. Jacobson on February 15, 2009 1 Comment

The Stimulus Plan already has created jobs -- for people hawking get rich quick schemes, sorry I mean, providing shady advice for a fee on how to grab your piece of the stimulus pig-fest crap sandwich, sorry again, I mean providing professional advice on how...

Posted by William A. Jacobson on February 15, 2009 2 Comments

Barney Frank has been on a rant over bonuses paid to bank executives. Frank asked one executive: "What is it you'd do differently if you didn't get a bonus?"Bank executives are easy targets given the current economic climate. But don't think Frank and others like...

Posted by William A. Jacobson on February 14, 2009 3 Comments

The day before the presidential election, when Barack Obama's victory seemed all but certain, I predicted that I would be able to say "I told you so" about what lay ahead:When this bubble bursts, I will be able to say "I told you so." Unfortunately,...

Posted by William A. Jacobson on February 11, 2009 1 Comment

Now I know for sure what Congress and the Obama administration think of us. Reports indicate that the "compromise" stimulus bill will be $789,000,000,000. Why that number? Because it's not $800,000,000,000. Whew, that makes me feel better. It's not $800 billion. I'll buy it.Think I'm...

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