Bloopers, Blunders and Bailouts [pic]

I found this DVD for sale at Amazon. Believe it or not, it was released in 2004 and has absolutely nothing to do with politics or Wall Street.

Where Are Obama’s 3.5 Million Jobs?

wsws.org reports -

According to the White House web site, recovery.gov, stimulus contracts awarded by federal agencies accounted for only 30,383 new jobs over the last eight months. The $787 billion American Recovery and Reinvestment Act was passed last February amid claims by the White House that it would “create or save” 3.5 million jobs over two years. Since its passage, 3.4 million jobs have been wiped out and apologists for the administration have been reduced to arguing that the situation would have been even worse without the stimulus package.

The states most in need of help received the fewest number of jobs. In Michigan—which leads the nation with a 15.3 percent unemployment rate—only 397 jobs were “created or saved.” This is a tiny fraction of the tens of thousands of workers who lost their jobs in the state under Obama’s forced restructuring of GM and Chrysler. Businesses in Nevada, which has the next highest jobless rate, reported 159 new jobs. Rhode Island, which has the third highest unemployment rate at 12.8 percent, reported only six new jobs. In California, where more than 2.2 million are officially unemployed and joblessness is the highest since 1940, only 2,260 jobs are attributed to the federal stimulus money.

Continue reading.

Bailout May Be Extended To The Chicago Cubs

Kevin Horrigan reports -

For a limited time only, you may be able to own a piece of a genuine Major League Baseball team! And it won’t cost you anything out of pocket! The bad news: It’s the Chicago Cubs. Also, we’re going to need the cooperation of the Internal Revenue Service and a U.S. bankruptcy judge. But beggars can’t be choosers, and the Cubs are the only team where this deal works.

Continue reading HERE.

The Government Can [vid]

Obama Reviews New Stimulus Package [pic]

The President’s Magic Act [pic]

Millard Fillmore

Stimulusol XR – Relief From The Stimulus Bill

Obama Wrong On Stimulus Plan

This post explains the economy, the stimulus spending plan and why it will not work, in terms everyone will understand.

Read it HERE.

Its Physically Impossible to Have Read This Bill

The House passed a resolution to concider the stimulus bill ‘read’ because it was physically impossible to have read it in the allowed time. Watch democracy in action and never forget – we are all F-ing doomed.

The Stimulus Plan Explained

Sometime this year, taxpayers will receive an Economic Stimulus Payment. This is a very exciting program that will be explained using the Q and A format:

Q. What is an Economic Stimulus Payment?

A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?

A. From taxpayers.

Q. So the government is giving me back my own money?

A. No, they are borrowing it from China . Your children are expected to repay the Chinese.

Q. What is the purpose of this payment?

A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn’t that stimulating the economy of China ?

A. Shut up.

Pork-Free Spending Bill