They need to quit bit..hing and get on with solving the problems, but I can understand since no part of the stimulus was their's. Politics is playing to much of a part of this solution.

slam, have they got anything to do with this market crashing ??

real cool.....who has time to do this stuff by the way?

I think today would be a classic example of media bias. The main story is the freakin' Oscars. The Obama plan for a huge tax increase during a recession is being spun as an "economic responsibility summit". Citi nationalization is "government increases stake in Citi". Still no mention of gold.

Guess what?

The Obama adminstration is going to appoint a commission to investigate how the economy got where it is and consider the best way to deal with the economy.

What have they been doing so far??? (aside from spooking the market and creating an enormous deficit, which they'll reduce by increasing our taxes)

Act first, think later (or not at all) seems to be the mantra of the Obama administration.

My prediction:

How did we get here? It's all Bush's fault.

How do we deal with the economy? Blame Bush and the Republicans, throw money at our political and financial supporters, raise taxes on our political and financial opponents (and the 'rich', newly defined as all taxpapers who aren't government employees).

Beautiful thought, WWP. I appreciate the wisdom inherent in your suggestions but I can't give up my views for Lent.

I will continue to oppose Obama's policies as long as Obama takes my money and dispenses it to serve his political agenda.

He won, I get it. But I don't have to like it and won't be voiceless, even if I'm powerless.

ACORN will receive more stimulus funds than Michigan. That's unacceptable!

WWP - Please check the title of this Rant Thread. I don't believe you should be reading this stuff .. ;-)

Is the new Prez a politician or a Tv star, because he sure is not an Economist or a Truth Teller. He's been on TV more than his mentor, Oprah.

Good GOD, elegant ?? Are we talking appearance or speachafing ? Have you listened to him at apress conference, he's is lacking in the art of TRUTH Telling and when questioned, It's ,uhn, aahh, well, I think maybe if, well we're thinking, damn near as bad a W.

It's true, he really is a puppet. If you found some young articulate speaker who was a good actor and then told him what to say, he'd be a dynamic and elegant President too! America is duped. I don't think McCain was really a much better choice. I liked Ron Paul but the media was terrified of him and barely let him talk. His message about the Federal Reserve and Austrian Economics is starting to catch on though so it was good he ran in order to spread some truth.

Everyone is so brainwashed by the media that I can't even believe that so many people think Obama is so great. I blame those that own the media for pushing their agenda on the citizens and dumbing them down to the point where the Presidential Election might as well be a reality TV show (where are the contestants are CFR members of course, so that there are no surprises).

Maybe in 2012, it will just be whoever the girl with the big boobs gives the rose to is President! Unless of course, it's a woman.... SPICY! I smell high ratings among our under-educated 20-somethings!!

A Nation of Cowards...

http://www.humanevents.com/article.php?fc_c=1368131x2851740x104444230&id=30825

Couldn't get a bet the last, anyone think this speech tonight is going to effect the market tomorrow ?? Up or Down ?/

Down

There are restrictions in the 'stimulus' legislation to ensure that any new jobs will be UNION jobs. (Funds won't be allocated for infrastructure, 'green' energy or other projects unless they use union workers.)

This is a payoff to the unions and a way of increasing union membership. It will also increase project costs and DECREASE efficiency and productivity.

Just received this in my email:



Why doesn't Rahm Emanuel pay property taxes?

http://illinoisreview.typepad.com/.shared/image.html?/photos/uncategorized/2008/11/06/hermitagephoto_2.jpg

According to the Cook County Assessor's website, the Chicago home of four-term Democrat Congressman and new White House Chief of Staff, Rahm Emanuel, doesn't exist. While the address of 4228 North Hermitage is listed as Emanuel's residence on the Illinois State Board of Elections' website, there seems to be no public record of Emanuel ever paying property taxes on this home.

The Cook County Assessor's and Cook County Treasurer's online records indicate Emanuel's Chicago neighbors pay between $3,500 and $7,000 annually. However, Illinois Review has

been unable to locate any evidence that the former Clinton advisor and investment banker is paying his fair share of Cook County 's notoriously high tax burden.

http://illinoisreview.typepad.com/.shared/image.html?/photos/uncategorized/2008/11/06/hermitageblock_3.jpg

Why wouldn't 4228 North Hermitage property owners Rahm Emanuel and wife Amy Rule pay property taxes?

One reason may be because Emanuel and Rule declared their 4228 North Hermitage home as the office location for their personal non-profit foundation called the "Rahm Emanuel and Amy Rule Charitable Foundation". As the non-profit's headquarters, their home could be exempt from paying property taxes.

http://illinoisreview.typepad.com/.shared/image.html?/photos/uncategorized/2008/11/05/007.jpg

In January 2007, USA Today reported on Emanuel's foundation:

The Rahm Emanuel and Amy Rule Charitable Trust was formed in 2002, when the Chicago lawmaker was first elected. The former Clinton White House aide and his wife, Amy Rule, are its only donors. Emanuel was an investment bank er after serving in the White House.

The trust reported having $2,900 on hand at the end of 2005 after receiving $34,000 from Emanuel and donating more than $31,000

During the past three years, Emanuel's charity gave nearly $25,000 to the Anshe Emet synagogue and school [a private school that the Rahm/Rule children attend]..., and $15,000 to the foundation run by form er president Bill Clinton. It also gave $14,000 to Marwen, a Chicago charity that provides art classes and other educational help to low-income children. Rule is on Marwen's board.

(He doesn't pay any property taxes and he gets income tax write-offs by donating $25000 to the Synagogue

and other amounts of money to his Foundation. This allows his kids to attend school tuition-free

and allows him to expense a lot of personal expenses. What a racket!

Take all your income and donate it back to yourself via tax exempt orgs where you can spend it on as

expenses to operate your car, pay the electric and water bills, etc.

I guess if you are a hypocritical "liberal" democrat who advocates raising taxes on everyone else, this is all permissible.)

Emanuel's 4228 North Hermitage home is on e of the largest in the neighborhood, with a side yard that appears to be a vacant lot, making the Emanuels' property the largest portion on the block.

Other North Hermitage homes on Emanuel's block are valued in the $500,000 plus range. According to Cook County Treasurer's website, the Chicago owners of nearby 118 year old 4222 North Hermitage pay almost $6800 annually. The family at 4224 North Heritage pays $6000 each year in property taxes.

President Obama - himself a connected, Chicago insider who has benefited from questionable land deals - may find it difficult to explain why his very own Chicago-based chief of staff doesn't pay property taxes like the "little guy" he claims to represent. Or perhaps allowing his wealthy friends to avoid taxes is part of Obama's trickle down redistribution economics. It's certainly the kind of "change" we Illinoisans can believe in...since we're quite familiar with it here in the federal indictment land of Daley, Blagojevich, Madigan, Jones, Cellini, Rezko, etc.

The Detroit City Council rejected a plan to renovate and expand Cobo Center (The location of the North American International Auto Show) because it diminishes city control. (Coucil President Monica Conyers rejected the regional plan because she expects to receive stimulus funds for the expansion.)

GM representatives were there to plead for the proposed plan. The mob in attendance screamed "Get out!". When one speaker mentioned Obama's name, someone shouted "You have no right to mention his name".

The message...if you're not black, you don't belong here.

Detroit has been described as a Third World country without goats in the streets. (Although there are thugs and rats.)

Always Look on the Bright Side of Life
A Commentary By Tony Blankley
Wednesday, February 25, 2009

I hate to admit it, but I miss Bill Clinton. At least that lecherous old charmer was more amusing than his successor as a Democratic president, our new mortician in chief, Barack "End of the World" Obama.

Although, our new president's spokesman did deliver the funniest line of this so-far-not-too-funny millennium. Last week, Robert Gibbs called the president -- who, in the previous couple of weeks, had talked about our economy being a catastrophe from which we might never recover -- "an eternal optimist."

I appreciate that presidential spokesmen are not always known for their candor. And putting a positive gloss on his boss's image is barely an infraction, given the howlers that often have come from that podium. But really, one prefers one's perfidy to be at least plausible. If our economy in a death spiral is Obama's upbeat version of events, one can only tremble at what he would sound like if he turned a little glum.

Perhaps it was with those comments in mind that our former president took the opportunity -- while purportedly complimenting his successor -- to advise President Obama that he ought to try to be a little more upbeat about the economy.

(One of the more enjoyable entertainments we can look forward to during the next four years will be watching Bill Clinton sneak in little disparaging statements about his successor every time he pretends to compliment him. Bill obviously is being driven nuts by Obama. After all, as I recall, Clinton once complained that he could have been a great president if only he had had a depression or major war to preside over. How envious he must be of Obama, who may be in the process of turning an economic downturn into a depression and a small war in Afghanistan into a major war in Pakistan. Well, Bill, great men make their own opportunities.)

Nonetheless, things do seem a mite nasty at the moment. And Bill Clinton's advice to be more cheerful reminded me of the closing song in Monty Python's "Life of Brian." Brian, a Christ-like figure in this comedy, had just been nailed to the cross by the Romans and was in the process of dying from his crucifixion, when he broke out in a cheerful little toe-tapping song, part of the lyrics going:
"Always look on the bright side of life.
Always look on the light side of life.
If life seems jolly rotten,
There's something you've forgotten,
And that's to laugh and smile and dance and sing.
When you're feeling in the dumps,
Don't be silly chumps.
Just purse your lips and whistle; that's the thing.
So always look on the bright side of death
Just before you draw your terminal breath."

It would be easier to be cheerful if Obama weren't telling us this week that he is going to put us trillions of dollars in debt this year by pouring money down various ratholes while saving money by leaving Iraq before victory can be secured, cutting other defense programs, taxing energy, taking a first cut at totally screwing health care (but first expanding health care entitlements, even though we are almost insolvent).

All this and more he is proposing in order to "get exploding deficits under control" and as an act of "fiscal responsibility." As independent analysts estimate that the universal coverage entitlement to which Obama aspires will cost $200 billion a year, I would argue that if he wants to stop "exploding deficits," perhaps he should begin by not lighting the fuse of large deficit bombs.

After going nuts borrowing money on which our children still will be paying interest in 2039 (the maturity date for a 30-year Treasury note issued this year), he offers "fiscal responsibility" by his claim to reduce the deficit he has just created by taxing the crap out of business and anyone left with a decently paying job. Yes, that's the ticket. Promise to raise taxes on any person and any business that still produces anything while promising to give yet more hundreds of billions to people who are already burdens on working Americans.

Some people claim that although Obama was born in 1961 -- and thus is technically a baby boomer -- he is really a post-boomer. Just as he is post-racial (while his attorney general calls Americans cowards for not blathering on about race).

But regretfully, he is the very embodiment of my boomer generation. We will go down in history as the generation that was given everything, took everything, and left nothing -- except debt, debt, debt.

The Great Speachificator Obama comparing himself to Abraham Lincoln is like Anna Nicole Smith comparing herself to Marilyn Monroe. Sheeesh.

You heard his promise again last night for no Earmarks. The leak of the new budget has earmarks are a large part again. I'll bet you, his and Nancy's jet fuel bills beat the folks he talked about last night. If you don't have to pay out of your pocket, you seem not to care. Besides, the taxpayers are paying and they don't watch or care.

Hell, that stuff was in the Stim Bill, I'm talking about the new BUDGET that's now in committees and have been seen by some Blu Dogs.

Pat Robertson said to mark today on your calendar as the "beginning of the end for America". He was referring to economic conditions and policies and predicted a weak dollar and inflation. No precise time frame given.

Because they are Nobel lauretes. The only stimulus that will work is FREE MARKET, start the tax cuts, suppend taxes on business and workers for 1 year and watch the stimulus. They won't do this because the outcry for the FAIR TAX could not be ignored. Hell, what do you want us to be, The best investment and most prosperus country on earth.

Please read the short letter History Unfolding, by author Pat Dollard

Man, I just got hit, The small business man here in the South can reduce his earnings below $250,000 if he/she are already close, but up in the NorEast and Cal, and midwest, $250,000 isn't just small business owners. They wanted him and now they got him. Here in the South, we can hunker down, plant a garden, military field shower and work on our own vechiles. Maybe we'll even shoot a deer/wild hog for meat. Squirrels are good deep fried and everyone loves rabbit.

That would be very nice. Thanks.