Obama has hit a level of stupidity that surprises even me. And that is not an easy thing to to do given that I believe his "spend your way out of a recession" economic policies are totally idiotic to begin with. But check this out:
We've lost more than 3,000,000 private sector jobs since the Obama pork barrel spendulous bill was signed. The American people are getting really pissed so the Obama administration decided to spend millions of dollars to build a "clean energy wind farm" in Texas and create green jobs. Well it turns our that building this wind farm will create 2,000 to 3,000 manufacturing jobs - in China. Yep, all of those wind turbines are going to be built in China. And how many permanent jobs will it create in Texas? A grand total of thirty (30).
Is it any wonder that we have the biggest deficits in America's history and our national unemployment rate is 10.2% and climbing?
Irish Mike
OK folks, our phone lines are open and the tenth caller will win... The Nobel Peace Prize!
_____________________________________________________________________ : the next generation of web-newsreaders : http://www.recgroups.com
On Nov 9, 4:37 pm, "Irish Mike" <ad7c...@webnntp.invalid> wrote:
> turns our that building this wind farm will create 2,000 to 3,000 > manufacturing jobs - in China. Yep, all of those wind turbines are going > to be built in China. And how many permanent jobs will it create in > Texas? A grand total of thirty (30).
What the fuck are you bitching about? You wanted tariff free, unbridled world wide capitalism. Now you don't like it. Nothing satisfies you foriegners, does it?
Support unions, protect American industries and protect the American laborer as if he was the most valuable natural resource. Demand an end to trickle down economics (crumbs for the masses).
Give me a trillion dollars, and another trillion dollars for the health insurance and I bet even I could accomplish this.
I mean, who gives a fuck if I have to pay you back, right?
PDS
Jay Leno: "President Obama announced he wants to give every senior citizen $250 next year. This is part of his 'Cash for Geezers' program."
Jay Leno: "President Obama today agreed to commit an additional 40,000 troops to help fight Fox News."
Jay Leno: "It's getting ugly in the press room. Well, senior White House adviser David Axelrod told reporters that Fox News is just pushing a point of view. Well, yeah. But at least they got a point of view."
Jay Leno: "Here's the latest from the Pentagon. The generals are worried that the White House is spreading itself thin by trying to fight a war on two fronts, with Afghanistan and Fox News."
Jay Leno: "Well, according to CBS News, President Obama has played more golf in nine months than George Bush in nearly three years. Actually, Obama's a good golfer. You know what his handicap is? Joe Biden."
Jimmy Fallon: "After months of the debate, finally a healthcare reform bill now exists. ... The bill's official title's actually HR-3692. 3692, of course, stands for the year they expect the bill to pass."
Jay Leno: "Well, according to a report on Edmunds.com, the...real cost of the 'Cash for Clunkers' program was $24,000 per car. Every car that was traded in cost us, the taxpayers, $24,000. How many would have rather kept your old car, just got a check for 20 grand from the government? Right, huh? It would have been cheaper, exactly."
"GDP grew at a 3.5 percent annual rate in the 3rd quarter, driven by a 22.4 percent jump in car sales, the result of the Cash for Clunkers (C4C) program. This increase in car sales accounted for 42.0 percent of the growth in the quarter...The surge in car buying will be reversed in the current quarter, as the main effect of the C4C was to pull car purchases forward. As a result, the auto sector will be a substantial drag on growth in the current quarter. Apart from the auto sector, consumption grew at a 1.0 percent annual rate. With disposable income falling due to continued job losses and declining hourly wages, and the reversal of the surge in car sales, consumption growth will almost certainly be negative in the 4th quarter"
"The 2009 Social Security and Medicare Trustees Reports show the combined unfunded liability of these two programs has reached nearly $107 trillion in today's dollars! That is about seven times the size of the U.S. economy and 10 times the size of the outstanding national debt."
"US unemployment surged above 10 per cent for the first time in more than a quarter of a century in October, increasing political pressure on the Obama administration. According to figures revealed on Friday, the unemployment rate rose to 10.2 per cent, its highest since 1983, as companies continued to shed jobs in spite of a return to economic growth. Non-farm payrolls were down 190,0000, slightly more than analysts expected, taking the total of jobs lost since the recession began to 7.3m."
"The dollar fell most against the Australian currency, dropping 0.7 percent, sending the Dollar Index, which IntercontinentalExchange Inc. uses to track the greenback versus some of the U.S.’s biggest trading partners, down 0.1 percent. "
"On Thursday, in reporting a quarterly loss of about $19 billion, Fannie Mae said it was awaiting Treasury approval to transfer the credits to unnamed investors."
05/09 "The government ran up a $21 billion budget shortfall last month, the first April deficit in 26 years, the Treasury Department said Tuesday. The total deficit for the first seven months of the fiscal year hit $802 billion, compared to a deficit of $153 billion in the same period a year earlier, the government said in the monthly budget report. "This is historic,"said Dan Clifton, head of policy research at Strategas Research Partners."Our country has never seen something like this."From October the beginning of the fiscal year to April, total revenue declined 19%,That’s the largest drop in revenue and almost double the previous record, he said...In March, the government added $191.6 billion to the deficit."
Life is good when you are on the sunnyside of the street. Same street, just a better side to look at the wonders that are America.
I snipped the uncredited data from unknown source.
and to it I add...
What a pussy! "The sky is falling, I'm scared, I want my mommy."
Prez Reagan was the first president to make the USA a debtor nation since 1919. Nobody complained about military spending that nearly bankrupted the world. At least with this money spent, the people will have medical care, housing and shortly, employment.
It took eight years of a Democratic president to turn deficits into surpluses. A shame those policies were rejected after the Bush coup.
The world nearly fell into a global depression, thanks mostly to a deregulated banking system under President Bush. If not for a few brave capitalist... who knows what would have happened.
The way to riches is to buy sunglasses when it's raining and umbrellas when the sun shines. Act like a scared pussy and you'll never have anything.
I've predicted this for many months, S&P500 = 2,100 (DOW = 21,000) near the end of Mr Obamas second term.
|
