Obama repackages stimulus plans with old promises

[STAND4LIBERTY]

How the hell do tax cuts expand the deficit?
Hellow?

Ummm... by not carrying with them corresponding reductions in spending, becomes nothing more than a tax shift as it increases debt and actually requires raising effective taxes (either via taxation or increased inflation) even more in the future to offset the cost of debt service.

 

[jreeves]

Why?

Because some of us understand this, maybe?

Some of us also understand the VAST MAJORITY of the money will NEVER be used for new projects at all. And the tired old lie that the projects were all SHOVEL READY would be proven yet again. You do REMEMBER Obama making this claim RIGHT?

Oh horseshit. My rather small state had two shovel-ready projects that got underway almost within 24 ours of receiving stimulus money. States and their own bureaucracies are to blame for a lot of the holdup. One of the road projects back up and running is one I have to allot an additional 15 minutes to get around, which I've been doing for almost two months.

If you want to see actual progress on individual projects, you can check this site occasionally. Maybe it will at least temporarily shut you up until you find the next subject to glom onto and spin.

Stimulus Watch: Keeping an Eye on Economic Recovery Spending

Yet...
EDITORIAL: Con games and stimulus cash - Opinion - ReviewJournal.com
By comparison, about 15 percent of the stimulus money will end up going for transportation -- including airports, highways and rail projects -- according to Federal Funds Information for States, a service of the National Governors Association and the National Conference of State Legislatures.


Shovel ready projects my ass...

Tons of cash for social services.

 

[Derek_Plumber]

Does anyone believe this guy anymore?

We had to rush the spending/stimulus bill into signing even though 100% of Congress had not read the whole thing and only 5% has has been spent.... WTF? If it was such an emergency why isn't the money being spent????

How many times do we have to remind you that it was Paulson running around like a chicken with his head cut off that wanted $750 billion. Paulson squandered the first half of the money and no one knows where it went. You Repubs keep trying to blame the the Dems for the failed Bush presidency, and it is not working. The American voter has your number, and they will remember.
40 years of Democratic Presidents James Carvelle is predicting. I'm looking forward to it!
Republicans did this to themselves.

 

[jreeves]

Does anyone believe this guy anymore?

We had to rush the spending/stimulus bill into signing even though 100% of Congress had not read the whole thing and only 5% has has been spent.... WTF? If it was such an emergency why isn't the money being spent????

How many times do we have to remind you that it was Paulson running around like a chicken with his head cut off that wanted $750 billion. Paulson squandered the first half of the money and no one knows where it went. You Repubs keep trying to blame the the Dems for the failed Bush presidency, and it is not working. The American voter has your number, and they will remember.
40 years of Democratic Presidents James Carvelle is predicting. I'm looking forward to it!
Republicans did this to themselves.

Lmao...

Treasury Lets 10 Banks Repay $68 Billion in Bailout Cash - WSJ.com
The Treasury Department granted permission to 10 of the nation's largest financial institutions to repay $68 billion in government-bailout cash, showing that the industry is rebounding from losses that sank some firms and caused the world economy to buckle last year.

Maybe if they allowed banks to repay the TARP funds we would find out where the first 350 billion went....

 

[MaggieMae]

How the hell do tax cuts expand the deficit?
Hellow?

Ummm... by not carrying with them corresponding reductions in spending, becomes nothing more than a tax shift as it increases debt and actually requires raising effective taxes (either via taxation or increased inflation) even more in the future to offset the cost of debt service.

Thank you. (Wow, that's a first.)

 

[MaggieMae]

Does anyone believe this guy anymore?

We had to rush the spending/stimulus bill into signing even though 100% of Congress had not read the whole thing and only 5% has has been spent.... WTF? If it was such an emergency why isn't the money being spent????

How many times do we have to remind you that it was Paulson running around like a chicken with his head cut off that wanted $750 billion. Paulson squandered the first half of the money and no one knows where it went. You Repubs keep trying to blame the the Dems for the failed Bush presidency, and it is not working. The American voter has your number, and they will remember.
40 years of Democratic Presidents James Carvelle is predicting. I'm looking forward to it!
Republicans did this to themselves.

Lmao...

Treasury Lets 10 Banks Repay $68 Billion in Bailout Cash - WSJ.com
The Treasury Department granted permission to 10 of the nation's largest financial institutions to repay $68 billion in government-bailout cash, showing that the industry is rebounding from losses that sank some firms and caused the world economy to buckle last year.

Maybe if they allowed banks to repay the TARP funds we would find out where the first 350 billion went....

They are repaying, but only after it's determined that they are healthy enough not to come back to the doctor which would cost even more. It's a no-brainer.

 

[Derek_Plumber]

They are repaying, but only after it's determined that they are healthy enough not to come back to the doctor which would cost even more. It's a no-brainer.

We can kiss that $350 billion of TARP funds good-bye. Hank Paulson did one last raid on the U. S. Treasury for the big banks as the Repubs were leaving town.
Why aren't these bankers and Repubs in jail?

 

[jreeves]

How many times do we have to remind you that it was Paulson running around like a chicken with his head cut off that wanted $750 billion. Paulson squandered the first half of the money and no one knows where it went. You Repubs keep trying to blame the the Dems for the failed Bush presidency, and it is not working. The American voter has your number, and they will remember.
40 years of Democratic Presidents James Carvelle is predicting. I'm looking forward to it!
Republicans did this to themselves.

Lmao...

Treasury Lets 10 Banks Repay $68 Billion in Bailout Cash - WSJ.com
The Treasury Department granted permission to 10 of the nation's largest financial institutions to repay $68 billion in government-bailout cash, showing that the industry is rebounding from losses that sank some firms and caused the world economy to buckle last year.

Maybe if they allowed banks to repay the TARP funds we would find out where the first 350 billion went....

They are repaying, but only after it's determined that they are healthy enough not to come back to the doctor which would cost even more. It's a no-brainer.

Lmao...Obama and his cronies now get to decide who will continue paying interest on the original loaned amount and who gets demonized in the media by his administration. Wow this guy is left of Chavez....

 

[jreeves]

They are repaying, but only after it's determined that they are healthy enough not to come back to the doctor which would cost even more. It's a no-brainer.

We can kiss that $350 billion of TARP funds good-bye. Hank Paulson did one last raid on the U. S. Treasury for the big banks as the Repubs were leaving town.
Why aren't these bankers and Repubs in jail?

I agree though our government should have never entered into this bail out prison. Because now any industry that goes through hard times will be shoving their empty hands in the faces of the feds.....

 

[Derek_Plumber]

Lmao...Obama ... Wow this guy is left of Chavez....

We only wish he was more to the left. Some of us liberals have been disappointed. The big banks should have been nationalized, then we could prevent this financial chaos from ever happening again.

 

[FactFinder]

Let's see. If I remember right the stimulus bill was like 700 billion 0r was it 800? Hard to remember with all these trillions and billions whirling around.

Now if it was 700 billion, the average cost of job created or saved was a bargain at$4,666,666.66. By years end (should the 600000 saved or created materialize) the cost will have gone down to basement rates of $1,666,666.66

Now see how efficient the government is at shit. Can't wait to see how great they run health care.

 

[jreeves]

Lmao...Obama ... Wow this guy is left of Chavez....

We only wish he was more to the left. Some of us liberals have been disappointed. The big banks should have been nationalized, then we could prevent this financial chaos from ever happening again.

Oh right, they could save banks if they were nationalized...

Feddie and Freddie are prime examples of what the government does to banks. As is this rest of the banking sector...

 

[Derek_Plumber]

Lmao...Obama ... Wow this guy is left of Chavez....

We only wish he was more to the left. Some of us liberals have been disappointed. The big banks should have been nationalized, then we could prevent this financial chaos from ever happening again.

Oh right, they could save banks if they were nationalized...

Feddie and Freddie are prime examples of what the government does to banks. As is this rest of the banking sector...

Who wants to save them? Let them go under. The Government picks them up for peanuts. Shit can the execs that caused the problem. Start new banks with heavy regulation. The maximum salary in banking becomes $250,000 a year. An NYU grad student could do a better job of running Citi or Wells than the over-paid morons in charge!

 

[Derek_Plumber]

Let's see. If I remember right the stimulus bill was like 700 billion 0r was it 800? Hard to remember with all these trillions and billions whirling around.

Now if it was 700 billion, the average cost of job created or saved was a bargain at$4,666,666.66. By years end (should the 600000 saved or created materialize) the cost will have gone down to basement rates of $1,666,666.66

Now see how efficient the government is at shit. Can't wait to see how great they run health care.

You are the reason I joined this site. Last fall the nation was screaming, "The economy! The economy! Nobody had a plan, and the world was panic. We were on the Titanic and it was going down. It would be the 1930s with Hoovevilles, and breadlines. Obama stepped in, after the Bush TARP rip-off, and steadied the nation. Now, we have a pencil neck like you counting the pennys. Count your blessings ass-hole!

 

[txlonghorn]

Does anyone believe this guy anymore?

We had to rush the spending/stimulus bill into signing even though 100% of Congress had not read the whole thing and only 5% has has been spent.... WTF? If it was such an emergency why isn't the money being spent????

How many times do we have to remind you that it was Paulson running around like a chicken with his head cut off that wanted $750 billion. Paulson squandered the first half of the money and no one knows where it went. You Repubs keep trying to blame the the Dems for the failed Bush presidency, and it is not working. The American voter has your number, and they will remember.
40 years of Democratic Presidents James Carvelle is predicting. I'm looking forward to it!
Republicans did this to themselves.

Carvelle also predicted that he would be somebody important someday...that hasn't happened yet either.

The American voter has already spoken and now wishing they had kept their mouth's shut!

 

[FactFinder]

Let's see. If I remember right the stimulus bill was like 700 billion 0r was it 800? Hard to remember with all these trillions and billions whirling around.

Now if it was 700 billion, the average cost of job created or saved was a bargain at$4,666,666.66. By years end (should the 600000 saved or created materialize) the cost will have gone down to basement rates of $1,666,666.66

Now see how efficient the government is at shit. Can't wait to see how great they run health care.

You are the reason I joined this site. Last fall the nation was screaming, "The economy! The economy! Nobody had a plan, and the world was panic. We were on the Titanic and it was going down. It would be the 1930s with Hoovevilles, and breadlines. Obama stepped in, after the Bush TARP rip-off, and steadied the nation. Now, we have a pencil neck like you counting the pennys. Count your blessings ass-hole!

If you want me to count pennies I'll have to move the decimals to the right. You can handle it, eh? That would be only 166666666666 cents per job. (disclaimer: that assumes the projection of 600000 jobs saved or created materializes)

 

[FactFinder]

Oh, by the way...I was among some millions who wrote my Congressman and pleaded not to pass TARP or an unread stimulus bill.

 

[Derek_Plumber]

Oh, by the way...I was among some millions who wrote my Congressman and pleaded not to pass TARP or an unread stimulus bill.

I disagree with you, but I respect anyone who takes trouble to write a letter to their Congressman.

 

[Derek_Plumber]

Carvelle also predicted that he would be somebody important someday...that hasn't happened yet either.

Hey, what do you say you post your resume, and compare your accomplishments to Carville's? How many presidents have you elected?

From Wikipedia, the free encyclopedia

James Carville

Born Chester James Carville, Jr.
October 25, 1944 (1944-10-25) (age 64)
Fort Benning, Georgia
Residence New Orleans, Louisiana
Education Louisiana State University
Occupation Political consultant,
Political science lecturer
Spouse(s) Mary Matalin (m. 1993–present) «start: (1993)»"Marriage: Mary Matalin to James Carville" Location: (linkback:James Carville - Wikipedia, the free encyclopedia)
Website
Official site
James Carville (born October 25, 1944) is an American political consultant, commentator, actor, attorney, media personality, and pundit. Carville gained national attention for his work as the lead strategist of the successful presidential campaign of then-Arkansas governor Bill Clinton. Carville was a co-host of CNN's Crossfire until its final broadcast in June 2005. Since its cancellation, he has appeared on CNN's news program, The Situation Room. As of 2009, he hosts a weekly program on XM Radio titled 60/20 Sports with Luke Russert, son of Tim Russert who hosted NBC's Meet The Press. He is married to Republican political consultant Mary Matalin. In 2009, he began teaching political science at Tulane University.

Early life and education
Carville, the oldest of eight children, was born Chester James Carville, Jr. at Fort Benning, Georgia, the son of Lucille (née Norman), a former school teacher who sold World Book Encyclopedias door-to-door, and Chester James Carville, a postmaster as well as owner of a general store. He has Irish and Cajun ancestry. James Carville was raised in Carville, Louisiana, and attended Ascension Catholic High School in Donaldsonville, Louisiana.

He graduated from Louisiana State University with undergraduate and law degrees.


Early career
Before entering politics, Carville worked as a litigator at a Baton Rouge law firm from 1973–1979, spent two years serving in the United States Marines, and worked as a high school teacher.

Prior to the Clinton campaign, Carville and consulting partner Paul Begala gained other well-known political victories, including the gubernatorial victories of Robert Casey of Pennsylvania in 1986, and Zell Miller of Georgia in 1990. But it was in 1991 when Carville and Begala rose to national attention, leading appointed incumbent Senator Harris Wofford of Pennsylvania back from a 40-point poll deficit over White House hand-picked candidate Dick Thornburgh. Also noteworthy is that Wofford's campaign was where the "it's the economy, stupid" strategy used by Bill Clinton in 1992 was first implemented.


Bill Clinton's 1992 Presidential campaign
In 1992, Carville helped lead Bill Clinton to a win against George H. W. Bush in the Presidential election. In 1993, Carville was honored as Campaign Manager of the Year by the American Association of Political Consultants. His role on the Clinton campaign was documented in the feature-length Academy Award-nominated film, The War Room. One of the formulations he used in that campaign has entered the language, derived from a list he posted in the war room to help focus himself and his staff, with these three points:

Change vs. more of the same.
The economy, stupid.
Don't forget health care.

Post-1992 political work
After 1992 Carville stopped working on domestic campaigns, stating that he would bring unneeded publicity, but he has worked on a number of foreign campaigns, including those of Prime Minister Tony Blair of the United Kingdom, Ehud Barak of Israel's Labor Party, and the Liberal Party of Canada. In 2002, Carville worked as a Greenberg Carville Shrum (GCS) strategist to help American-educated Bolivian Gonzalo Sánchez de Lozada win the presidency in Bolivia which was portrayed in a documentary Our Brand Is Crisis.


Carville at an All the King's Men press conference in 2006 In 2004, he was brought in for last-minute consulting on Senator John Kerry's Presidential campaign, but he did not play a major role.

In 2005, Carville taught a semester of the course "Topics in American Politics" at Northern Virginia Community College. Among the guests he had come speak to the class were Al Hunt, Mark Halperin, Senator George Allen, George Stephanopoulos, Karl Strubel, Stan Greenberg, Tony Blankley, representatives from the Motion Picture Association of America, James Fallows.

In 2006, Carville switched gears from politics to sports and became a host on a sports show called 60/20 Sports on XM Satellite Radio with Luke Russert, son of NBC journalist Tim Russert. The show is an in-depth look at the culture of sports based on the ages of the two hosts (60 and 20). After the Democrats' victory in the 2006 midterm election, Carville criticized Howard Dean as Democratic National Committee Chair, calling for his ouster, as he believed Dean had not spent enough money. In late November 2006, Carville proposed a truce of sorts.

Carville is the executive producer of the 2006 film All the King's Men, starring Sean Penn and Anthony Hopkins, which is loosely based on the life of Louisiana Governor Huey Long.

Carville had believed that Al Gore, whom he helped put in the White House as vice president in 1992, would run for president in 2008. This prediction did not come true.

Carville has moved to New Orleans, and will teach at Tulane University as professor of practice starting spring semester of 2009.

On March 4, 2009, Politico reported that Carville, Paul Begala, and Rahm Emanuel were the architects of the Democratic Party's strategy to cast conservative talk radio host Rush Limbaugh as the face of the Republican Party. Carville was particularly critical of Limbaugh for saying he wanted Barack Obama to "fail." It was later reported that Carville had voiced the opinion, during the presidency of George W. Bush, that, "I don’t care if people like him or not, just so they don’t vote for him and his party. That is all I care about. I hope he doesn’t succeed, but I am a partisan Democrat. But the average person wants him to succeed. It is his country, his life or their lives. So he has that going for him." Carville made the remarks on September 11, 2001, shortly before the terrorist attacks on the United States. Upon hearing news of the attacks, Carville asked reporters to "disregard" his prior comments.


Hillary Clinton's 2008 Presidential campaign
Main article: Hillary Clinton presidential campaign, 2008
As an advisor to Hillary Rodham Clinton's 2008 presidential campaign, Carville told The New York Times on March 22, 2008, that New Mexico Governor Bill Richardson, who had just endorsed Senator Barack Obama for the Democratic nomination, was comparable to Judas Iscariot. It was "an act of betrayal," said Carville. "Mr. Richardson’s endorsement came right around the anniversary of the day when Judas sold out for 30 pieces of silver, so I think the timing is appropriate, if ironic,” Mr. Carville said, referring to Holy Week. Governor Richardson had served in President Bill Clinton's administration as both United States Ambassador to the United Nations and Secretary of Energy, and Carville believed that Richardson owed an endorsement to Senator Clinton in exchange for being offered those posts by her husband. Carville also claimed that Richardson assured many in the Clinton campaign that he would at least remain neutral and abstain from taking sides. Richardson refuted Carville's account, arguing that he had not made any promises to remain neutral. Richardson claims that his decision to endorse Obama was "clinched" by his speech on race relations following the swirl of controversy surrounding Obama's former pastor Jeremiah Wright. Carville went on to note,"I doubt if Governor Richardson and I will be terribly close in the future," Carville said, but "I've had my say...I got one in the wheelhouse and I tagged it."

Even as Clinton's campaign began to lose steam, Carville remained both loyal and positive in his public positions, rarely veering off message and stoutly defending the candidate. But on May 13, 2008, a few hours before the primary in West Virginia, Carville remarked to an audience at Furman University in South Carolina, "I'm for Senator Clinton, but I think the great likelihood is that Obama will be the nominee." The moment marked a shift from his previous and often determinedly optimistic comments about the state of Hillary's campaign.

After Barack Obama's clear lead for victory in the Democratic presidential campaign on June 3, James Carville said he was ready to open up his wallet to help Obama build a political war chest to take on John McCain in November.


Career as author
Carville is also a best-selling author. With his wife, Republican Mary Matalin, and writer Peter Knobler, Carville co-wrote All's Fair: Love, War and Running for President, published in 1995. He later wrote: We're Right, They're Wrong: A Handbook for Spirited Progressives, published in 1996; ...And The Horse He Rode In On: The People vs. Kenneth Starr, published in 1998; With Paul Begala he co-wrote Stickin. Suck Up, Buck Up... and Come Back When You Foul Up, in 2001, which detailed strategies for fighting and winning in business, politics, and life. In 2004, Carville released a political banter book entitled Had Enough?, as well as a children's picture book, Lu and the Swamp Ghost, with co-author Patricia McKissack and illustrator David Catrow. In January 2006, he released another book co-written with Begala, Take It Back: Our Party, Our Country, Our Future.

Carville's most recent book is entitled 40 More Years: How the Democrats Will Rule the Next Generation.