Screw D.C.. Looks like the battle lines have been drawn. No (R) votes on this garbage bill. I expect the same in the 2nd vote. See you libs on the flip side. Welcome to the good ole' U.S.S. of A..

 

It just passed the House 246-183. No Republican support and 7 No votes from Dems.

 

It's no different from when Clinton took office, no (R) votes for his economic package either. Don't remember the same happening when Bus Jr. took office though.

Obviously most of you are whining so much because this is largely a Democrat's plan, there was no where this much complaining when Bush rushed his package through. This is a big win or lose for both sides. If the economy is better in two and four years, the Republicans will eat it, if it isn't the Democrats will, and how much they will eat will depend on the scale of the turn around. If the economy is way better in a few years, will all of you complaining **** then?

 

If it takes a few years for the economy to turn around we won't have to worry about Obama's policies anymore. How long does Obama have to take credit for turning the economy around? Will corrections in the market be attributed to this bill or will it be because it corrected itself? If things aren't "turning around" in the next 6 months Obama and the Dems will have a lot of explaining to do. The real problem with this deal is very little spending takes place this year. Most of the spending and projects will be 2-3 years or more down the road. That's a serious problem when we need it now.

There are two sided to the coin. At what point do Obama supporters admit it was a mistake to have him as Pres? How much time does he get to implement "Change"? He's already crawfishing on some policy promises and will likely do it more in the future.

 

They don't need six months, next elections are in the fall of 2010 and it doesn't matter if the policies are the cause or not (and everyone will debate that no matter what) if things are better, Democrats will get credit, if they are worse, they'll take the fall, it's that simple.

Crawfishing? Show me one that hasn't. Mistake? He'd have to screw up pretty good, like a Watergate screw up, and even then, he's still a better choice than McCain/Palin. He wasn't my first choice, I don't refer to him as the messiah or any of that, simply the better choice. As for his plans, the basis of putting people back to work is far better than tax cuts for corporations and the rich any day. What we need now is people at work, plain and simple.

 

I was in no way in favor of W's garbage either. All this BS spending that was lumped in with this is all democrat gluttony. And it was RUSHED through in less than 24 hours, against house rules. You can't tell me that these democrats plowed through more than 1000 pages in that time, and completely understand it. What is in there that they don't they want us to see?

Momalle, I'm not saying the Republicans are perfect either, I'm saying that none of this should have been pushed through on the American taxpayer.

There is one thing that still escapes me... When Enron when down, people were tried and went to jail. This is far worse, and no one is being tried. Why is that?

 

Not any different from the Patriot Act, most admit they never read it, wonder how many others go through like that/

Agreed, but something has to be done, I haven't heard any better plans. I don't believe leaving it alone is going to help.

Maybe it's true what some say, the bankers really own the country.

 

Wow why are you so bitter towards the new administration? No matter what decision the President makes you post a new comment to bash it?

So I guess we all have another 4-8 years to watch you **** & moan through negative posts...

We all know your opinion of the new President by your corny sig pic.

Calm down its gonna be a long 8....um...I mean 4 years...

Nothing personal

 

Waaaaaaaay too much sadly.

Needless to say, we'll find out how well it works (or doesn't) shortly. The thing I'm most pissed about, is the amount of OUR money (newly printed I might add) that is getting spent without much study.

 

Really? Putting people back to work? So giving welfare checks to the poor will employ people? How does THAT work? How does raising taxes on those filthy rich business owners employ people? Please explain that one to me? Or do you think that government make work jobs is the answer?

 

It's working already.
Today I was getting clothes out of the dryer and found a dollar bill.
It was all warm and clean.

Thanks Obama!

 

As an outsider looking in I'm curious about one thing...
So between the (D) & (R), there is now approximately 1.9 Trillion in money being pumped into the economy.

Here's my question:
Was this money borrowed from someone? Meaning, are there interest payments being paid monthly on that amount or did the Mint just print up 1.9 Trillion worth of new cash that just gets infused into the economy?
I've always wondered how that worked.

H

 

X2

But I think the new money that is printed so to speak is just added to our current national debt?

 

They don't print it.
It's just a number.
Besides, a chunk of it is tax cuts, why would you print to cover that?

Don't you have Direct Deposit for your pay?
You don't actually see the cash, just a small percent of it you maybe get from an ATM.

My credit union here has 4,000 members they may average a $1,000 pay check every week.
That's 4 million dollars, the credit union isn't moving 4 million dollars in and out of it's building every week.
It's probably never had 4 million in it's vault.
It's just a number representing dollars assigned to an account.

The government operates the same way just on a bigger scale.

They don't really start printing sheets of money when a stimulus passes.
That footage you see on tv of the presses rolling is put out by Fox News to inflame the great minority.

 

The way I understand it is that the money non-tax cut money is printed up so to speak. The backing for this printing comes from selling US T-bills on the open market. So in effect we just gave nearly 2 trillion plus interest to the Chinese. The worst part of this is that most of the money is being spent in the form of political favors.

Now you see why some of us get just a little bent out of shape over this whole thing.