stimulus

At the risk of being called Republic tools (as opposed to the just plain “tools” we’re normally called), we quote directly from the Republican Ways and Means website:

The table below compares the White House’s February 2009 projection of the number of jobs that would be created by the 2009 stimulus law (through the end of 2010) with the actual change in state payroll employment through September 2009 (the latest figures available).

According to the data, 49 States and the District of Columbia have lost jobs since stimulus was enacted. Only North Dakota has seen net job creation following the February 2009 stimulus.

While President Obama claimed the result of his stimulus bill would be the creation of 3.5 million jobs, the Nation has already lost a total of 2.7 million – a difference of 6.2 million jobs. To see how stimulus has failed your state, see the table below.

1800 jobs in North Dakota. We have to admit we’re surpised. We didn’t know Indian casinos had that many blackjack dealers.

Here’s the chart, look up your state:
[click to continue…]

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Did anyone notice the moment when economic stimulus ended and economic madness began?

Did anyone notice the moment when economic stimulus ended and economic madness began?

Whoever designed this program must have had too many brewskis at the 19th hole. It’s like Cash-for-Clunkers on steroids.

Let’s just let the Wall Street Journal report this one while we take a few practice swings:

The federal (tax) credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart. Even in states that don’t have their own tax rebate plans, the federal credit is generous enough to pay for half or even two-thirds of the average sticker price of a cart, which is typically in the range of $8,000 to $10,000. “The purchase of some models could be absolutely free,” Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. “Is that about the coolest thing you’ve ever heard?”

The golf-cart boom has followed an IRS ruling that golf carts qualify for the electric-car credit as long as they are also road worthy. These qualifying golf carts are essentially the same as normal golf carts save for adding some safety features, such as side and rearview mirrors and three-point seat belts. They typically can go 15 to 25 miles per hour.

In South Carolina, sales of these carts have been soaring as dealerships alert customers to Uncle Sam’s giveaway. “The Golf Cart Man” in the Villages of Lady Lake, Florida is running a banner online ad that declares: “GET A FREE GOLF CART. Or make $2,000 doing absolutely nothing!”

Golf Cart Man is referring to his offer in which you can buy the cart for $8,000, get a $5,300 tax credit off your 2009 income tax, lease it back for $100 a month for 27 months, at which point Golf Cart Man will buy back the cart for $2,000. “This means you own a free Golf Cart or made $2,000 cash doing absolutely nothing!!!” You can’t blame a guy for exploiting loopholes that Congress offers.

This is obviously the Obama administration’s attempt to reach across the aisle to the rich country club Republicans.

Pardon us, but this story makes us want to go whack a few balls.

Source: Wall Street Journal

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Joe Biden pauses to admire his boyish good looks between making stupid comments

Joe Biden pauses to admire his boyish good looks between making stupid comments

Barack Obama’s going to take Joe Biden on another trip to the woodshed, because the loquacious vice president inadvertently spoke the truth about the future of the Obama administration.

Here’s how ABC News’ Jake Tapper reports the story:

On a conference call today, Vice President Biden told 30 of the nation’s governors that if the Recovery Act fails, he’s “dead.”

Biden was providing an update to the governors (and if they couldn’t make it, their Lt. Governor or senior staffer) on the Recovery Act and make sure they were prepared to submit reports next month detailing how stimulus money was spent and how many jobs were created by the funding.

Missouri Gov. Jay Nixon (D) told the Vice President he couldn’t express how much he and his fellow governors appreciate Biden’s interest.

“Pure self-interest, Jay. If it fails, I’m dead,” Biden quipped.

“Pure self-interest” pretty much describes what motivates all the clowns in Washington, DC. On both sides of the aisle.

Source: ABCnews.com

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The New Flyer bus company is definitely a symbol of stimulus spending, but not in the way Joe Biden had hoped.

Back in March, Joe Biden hauled a busload of cabinet secretaries up to the company’s Minnesota’s factory to hail it as a stimulus money success story. He called New Flyer “an example of the future,” touted its hybrid electric buses, and said that stimulus money would help it land even more business.

Never mind.

As the New York Times now reports, “…last month, the company that administration officials had pictured as a stimulus success story began laying off 320 people, or 13 percent of its work force, having discovered how cutbacks at the state level can dampen the boost provided by the federal stimulus money. The Chicago Transit Authority did use some of its stimulus money to buy 58 new hybrid buses from New Flyer. But Chicago had to shelve plans to order another 140 buses from them after the state money that it had hoped to use to pay for them failed to materialize. The delayed order scrambled New Flyer’s production schedule for the rest of the year, and led to the layoffs.

Interestingly, this video clip shows Biden lauding stimulus spending but also tells of the wonders of big labor’s Card Check scam.

Ahhh, the glories of central planning. All hail Lord Obama.

Source: New York Times


We're not sure if this is a street paving project or a graph of the deficit

We're not sure if this is a street paving project or a graph of the deficit

IHateTheMedia.com’s next door neighbor is a liberal who owns an engineering and construction company that specializes in building bridges. We asked him if all that stimulus money had impacted his business.

He laughed.

“They talk about rebuilding the infrastructure but, in reality, all the stimulus money is going to street paving projects because they can be done quickly,” he said. “They’re even repaving streets and highways that don’t need to be repaved just to make it look like they’re doing something.”

That seems to be confirmed by this story from New Hanpshire’s Nashua Telegraph: [click to continue…]

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bailout map

(Click to enlarge)

Can’t wait to hear the Obama administration explain why the bailout is overwhelmingly concentrated in a small handful of states.

According to the ProPublica data, a total of $476.5 billion in bailout money has been doled out so far. New York, has garnered $175 billion, more than one third of the total. Michigan walked off with $80.7 billion, North Carolina netted $56.3 billion, Virginia totaled $54.9 billion, and California picked up $34.4 billion.

(Our thanks for thesaurus.com for the assistance with the previous paragraph).

That means the top three states took home 66% of bailout dollars and the top five nearly 84% of the total, which leaves a paltry 15% to be divvied up between the remaining 45 states and territories.

That should be just enough for a road sign in your neighborhood that says, “This construction project paid for by The Greatest President In History and the generous benefactors of the Democrat-controlled Congress of the United States.”

No construction projects, mind you, but some very nice signs.

h/t: NewsMax.com

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Where are the jobs, Joe? Where are the jobs?

Where are the jobs, Joe? Where are the jobs?

And we quote from a White House press release dated May 13, 2009:

The Vice President today submitted his first quarterly report to the President detailing progress implementing the American Recovery and Reinvestment Act (ARRA). The report shows early progress providing immediate financial relief for American families and jump-starting billions of dollars in job-creating projects in the first quarter, with both the pace of spending and job creation expected to accelerate significantly in the coming months.

Looking ahead, an additional 600,000 jobs are expected to be created or saved under the Recovery Act in the next 100 days and billions of dollars in contracts and grants are expected to be awarded in the coming months. The report finds that the anticipated funds are already having an effect on economic and job growth as private sector companies staff up to meet expected demand for their products under Recovery Act programs and state and local governments adjust their spending plans ahead of receiving additional Recovery Act funds.

And to quote a popular bumper sticker, “Where are the jobs, you lying pile of excrement?”

OK, we didn’t really see that last part on a bumper sticker. But we wish we had.

Source: WhiteHouse.gov

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Add the three, carry the six, divide by 52. Yes, the answer is 3,000,000.

Add the three, carry the six, divide by 52. Yes, the answer is 3,000,000.

It’s been widely reported that the Obama aministration says its going to create or save 3,000,000 jobs.

Now,thanks to the Associated Press, we know how it’s going to be done:

“Oregon spent $176 million to supplement federal stimulus funds. Democrats are taking credit for a remarkable feat: creating 3,236 new jobs in the program’s first three months. But those jobs lasted on average only 35 hours, or about one work week. After that, those workers were effectively back unemployed, according to an Associated Press analysis of state spending and hiring data. By the state’s accounting, a job is a job, whether it lasts three hours, three days, three months, or a lifetime. “Sometimes some work for an individual is better than no work,” said Oregon’s Senate president, Peter Courtney.

Apparently, Obama didn’t mean he was going to create or save 3,000,000 full-time jobs, just 3,000,000 one week jobs. Or 60,000 full-time jobs.

But based on Oregon’s experience, we can’t afford those jobs. The state spent $54,388 per job over that three month period. If the program were extended out over the course of a year, each job would cost the state an average of $217,472.

This from the same band of geniuses who want to take over your healthcare.

Source: Associated Press

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Palestinians need the $200 million to alleviate a heartbreaking shortage of rocks that has mysteriously developed in Gaza

Palestinians need the $200 million to alleviate a heartbreaking shortage of rocks that has mysteriously developed in Gaza

The stimulus is working so damn well here in the United States that the Obama administration has decided to extend it to our good friends in Gaza.

Reuters reports this unbelievable story:

Secretary of State Hillary Clinton said on Friday there had been some progress toward reviving Israeli-Palestinian peace talks in the “near future” and announced $200 million in U.S. aid to the Palestinians.

Clinton said the money, which is part of a $900 million pledge she made in March at a donors conference in Egypt, was transferred directly to the Western-backed Palestinian Authority and would help it meet a budget shortfall.

Yes, a budget shortfall for the Palestinian Authority. Through no fault of its own, the cost of dynamite vests has risen dramatically. And the cost of rockets lobbed into Israel has…well…skyrocketed.

Source: Reuters via LittleGreenFootballs.com

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Perhaps the problem in Washington, DC is that none of the Democrats in the House or Senate actually understand what the word “trillion” means. It’s just a big, unimaginable number with lots of zeroes, an amorphous concept somewhere between a million and a bazillion.

So here is a simple, graphic explanation to help the fine Americans serving in the Congress of the United States of America understand exactly how much they’re pounding down a rathole.

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Joe Biden gives speech to empty room

by editor on July 5, 2009

The Vice President was greeted by his adoring fans

The Vice President was greeted by his adoring fans

Poor Joe Biden. The garrulous veep traveled to a small town in Pennsylvania a few days ago to tell the bumpkins about the glories of federal stimulus money. He wanted the good folks in Erie to know that the Obama administration is bringing broadband internet access to rural America.

Apparently, no one cared.

Only about 100 people showed up to hear Biden’s self-aggrandizing speech. The room looked empty. So empty, in fact, that volunteers quickly began removing chairs in a futile attempt to make it look like a full house.

This gives a whole new meaning to the phrase “moving the deck chairs on the Titanic.”

Source: PittsburghLive.com

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That "stimulus" money is burning a hole in Obama's pocket.

That "stimulus" money is burning a hole in Obama's pocket.

Oklahoma’s Republican Senator Tom Coburn is tight with a dollar. His dollar. Your dollar. Everybody’s dollar. He’s come up with a list of “stimulus” projects that fritter away your hard-earned taxes.

The Senator didn’t compile this list on his own. He collected stories from local newspapers that questioned how stimulus dollars were being spent on projects in their areas. 


Here are some of the wasteful, wacky projects scheduled for funding in the “stimulus” program:

  • $840,000 to repair a bridge in Portage County, Wisconsin, that carries just 260 vehicles a day – mostly to an isolated saloon and a country club.
 

  • $1.3 million to Solon Township, Michigan to help pay for a wastewater treatment plant local residents don’t want. There’s no plan for the plant and local support for it is questionable. 

  • $3.4 million for an underground wildlife road crossing on U.S. Highway 27 for turtles and other wildlife in Lake Jackson, Florida. (A spokesman for the Florida Transportation Department said the project is needed for safety because turtles hit by vehicles can become flying projectiles. Seriously. He said that.)
  • $1.5 million in stimulus money to partially fund a new wastewater treatment plant in Perkins, Oklahoma. The new plant was originally scheduled to cost $5 million, but strings attached to the “stimulus” money will increase the cost to $7.2 million. As a result of the cost increases, the city will be forced to borrow the additional money and increase utility taxes by 60% to pay for it.

  • $300 road signs to be placed at construction sites to inform motorists that the project is being paid for by the “stimulus” money. 

  • $2.2 million to intall skylights in Montana’s state-run liquor warehouse.

We would like to propose an additional program:

$7.75 million to study the impact on rodents when money is pounded down rat holes.

Source: CNSnews.com

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Democrats have a nasty habit of passing bills they don’t read, like the Stimulus boondoggle. In this instance, Henry Waxman (D-CA), Energy & Commerce Chairman and author of the National Energy Tax, is unclear on what’s actually in his own bill. But never mind that. Democrats voted it out of committee anyway, 33-25.

In this video, Waxman is questioned by Ranking Republican Member Joe Barton (R-TX) when he admits to ignorance of his own handiwork: “I certainly don’t claim to know everything that’s in this bill…I don’t know the details…”

Totaling over 930 pages, this bill is quite the packed sausage. If We the People are forced to pay for these things, is it too much to ask that lawmakers who supposedly write them at least be forced to read them?

Source: National Review

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There are no red states. There are no blue states. There are only states where ACORN's already been indicted and states where they'll soon be indicted.

There are no red states. There are no blue states. There are only states where ACORN's already been indicted and states where they'll soon be indicted.

Naturally. Of course. Not surprised. Wouldn’t have expected anything less.

The same guy who led us down the primrose path on Fannie Mae and Freddie Mac is now out there as ACORN’s loudest supporter.

ACORN, the Association of Community Organizations for Reform Now, may have pulled off the most widespread voter fraud in American history last year. They’re being investigated or have already been convicted in 14 states.

In response, Minnesota Congresswoman Michelle Bachman proposed an entirely reasonable amendment that would have barred any organization under federal indictment from receiving funds from the mortgage reform bill.

But blatantly Barney Frank, ACORN’s congressional sugar daddy, saw to it that the amendment was removed, defeated, condemned to the ash heap of history. Remarkably, ACORN will now have access to up to $8.5 billion (with a “b”) from President Obama’s various “stimulus” schemes.


Frank claims ACORN isn’t eligible for any of the moneyOf course, this is the same guy who defended Fannie Mae and Freddie Mac and had a prostitution ring operating out of his condo.

Apparently the prostitution ring is still operating, but has moved its headquarters to Washington, DC.

Read the full details of the corrupt relationship between Frank and ACORN here.

Source: YidWithLid

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Word of the Day: Thugocracy

by editor on May 21, 2009

Thugocracy: (thu-goc-ra-cy, pronunciation: thə-‘gä-krə-sē) The form of government in which only 12.4% of workers belong to unions, yet virtually all stimulus money goes to unionized companies and government entities.


Democrats getting ready to fire the first shot in an international trade war

Democrats getting ready to fire the first shot in an international trade war

Did the Democrats unintentionally fire the first shots in what will become an international trade war? Turns out Congress inserted a “buy American” clause in the $787 billion “stimulus” package.

In order to comply with the law, the town of Peru, Indiana rejected sewage pumps made in Canada. And contractors at Camp Pendleton, California, stopped their construction project to replace Canadian pipe fittings with American ones.

Here’s how the Washington Post describes the situation:

Canadian manufacturers doing business with U.S. state and local governments say they have been besieged with requests to sign affidavits pledging that they will only supply materials made in the USA.

Outrage spread in Canada, with the Toronto Star last week bemoaning “a plague of protectionist measures in the U.S.” and Canadian companies openly fretting about having to shift jobs to the United States to meet made-in-the-USA requirements. This week, the Canadians fired back. A number of Ontario towns, with a collective population of nearly 500,000, retaliated with measures effectively barring U.S. companies from their municipal contracts — the first shot in a larger campaign that could shut U.S. companies out of billions of dollars worth of Canadian projects

Liberals love to pass laws. Thousands and thousands of laws. We just wish they had a better understanding of the Law of Unintended Consequences.

Source: Washington Post

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Thanks to stimulus money, Democrats are hoping to sweep the zombie vote

Thanks to stimulus money, Democrats are hoping to sweep the zombie vote

Our guess is that all the “stimulus” in the world isn’t going to help these people. The Treasury began sending checks to thousands of dead people this week.

Here’s how Fox News reports it:

Antoniette Santopadre of Valley Stream was expecting a $250 stimulus check. But when her son finally opened it, they saw that the check was made out to her father, Romolo Romonini, who died in Italy 34 years ago. He’d been a U.S. citizen when he left for Italy in 1933, but only returned to the United Stated for a seven-month visit in 1969.

The Santopadres are not alone. The Social Security Administration, which sent out 52 million checks, says that some of those checks mistakenly went to dead people because the agency had no record of their death. That amounts to between 8,000 and 10,000 checks for millions of dollars.

The feds blame a rushed schedule, because all the checks have to be cut by June. The strange this is, some of the checks were made out to people — like Romonini — who were never even part of the Social Security.

Money for dead people? Considering how many of them show up on voter roles, this just looks like another case of Democrats rewarding their constituents.

Source: MyFoxNY.com via Drudge

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Alphonse of Capone, the patron saint of ACORN

Alphonse of Capone, the patron saint of ACORN

On Monday Nevada filed 39 felony criminal complaints against ACORN. On Thursday the House of Representatives voted to allow ACORN to receive federal funding under the “Mortgage Reform and Anti-Predatory Lending Act.”

The vote to make ACORN eligible for funding was 245-176. All Democrats on the side, all Republicans plus four honest Democrats on the other.

“There is no excuse this outrage. The only explanation for voting to give money to this racket is that House Democrats are deep in the pocket of ACORN,” said a statement from GetLiberty.org.

As a result of the House vote, ACORN is eligible for more than $3 billion in “stimulus” money plus another $5.5 billion from the 2010 budget. The organization has already received at least $53 million from American taxpayers since 1994.

ACORN has also been investigated for voter fraud in state after state – including Ohio, Indiana, Wisconsin, Nevada, New Mexico, North Carolina, and Missouri, Pennsylvania, Washington, and Michigan.

39 felony counts? What’s the big deal? Who among us hasn’t been charged with 39 felony counts at one time or another?

Source: GetLiberty.org

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King Barack. He wants to defend the downtrodden so much that he's doing everything he can to make more of them.

King Barack. He wants to defend the downtrodden so much that he's doing everything he can to make more of them.

Riverside, California has announced a new plan to buy foreclosed homes, fix them up, and resell them to “the needy.”

Naturally, the city’s using your tax dollars – $6.5 million made available by the Obama administration plus its own redevelopment money – to purchase houses, rehab them and sell them to first-time buyers.

“Where a lot of communities are trying to figure out how to spend the money, or offering purchase funds or down-payment assistance, we’re actually very hands-on with our program,” said a representative of the working-class community located about 60 miles east of Los Angeles.

“We’re making the purchase, we’re overseeing the rehab, we’re overseeing the sale of the properties. We’re at the forefront of most cities or counties.”

Riverside says it’s just trying to “make a difference.” Problem is, what they’re doing doesn’t sound much different than the same old Fannie Mae-Freddie Mac-Chris Dodd-Barney Frank merry-go-round off of which we thought we just hopped.

Capitalism is dead. Long live King Obama.

Source: Reuters via BigHollywood.com


Rare photo of Joe Biden as an infant, already exhibiting the trait for which he would later become famous.

Rare photo of Joe Biden as an infant, already exhibiting the trait for which he would later become famous.

Joe Biden showed up in North Carolina Wednesday to tell folks that the “stimulus” money isn’t reserved for Wall Street and car companies. No way, Joe assured them.

While appearing at an outdated fire station in Pikeville, NC, Biden promised billions for home loans and community projects like a new fire station for the good Pikevillians.

“We’re investing in places like this all across the country,” Biden bragged, “to demonstrate the vital role towns like this play in the recovery.”

Uh-oh. Fact check on register three, Joe.

The bulk of the money for the new fire station was secured last year. You know, last year when George Bush was president.

State Sen. David Rouzer, Pikeville’s Republican congressman said he helped nail down the construction funds out of last year’s regular federal budget.

“They’re coming in and cherry picking the best projects and switching out the money, saying it’s stimulus money,” Rouzer observed. “But it was already approved and in the pipeline. It’s totally disingenuous to come down here and say this is stimulus money, when regardless of whether a stimulus bill passed, they were getting the money.”

In other news, Biden announced that the Golden Gate Bridge, Hoover Dam and the 1939 New York World’s Fair would also be built with stimulus money.

Source: McClatchy


A breakthrough for economist Paul Krugman?

A breakthrough for economist Paul Krugman?

Lordy, Lordy, Lordy. It’s hand-wringing time in the Big Apple.

Treasury Secretary Tim Geithner’s latest bailout plan is causing a personal crisis of confidence for Paul Krugman, the New York Times’ Nobel-prize winning economist.

The plan is supposed to convince private investors to take up to $1 trillion in toxic assets off the hands of troubled banks.

“This is more than disappointing,” Krugman said in the Times. “In fact it fills me with a sense of despair.”

“It’s as if the president were determined to confirm the growing perception that he and his economic team are out of touch, that their economic vision is clouded by excessively close ties to Wall Street. And by the time Mr. Obama realizes that he needs to change course, his political capital may be gone.”

You know things are bad when we’re not pleased by anything that causes despair in Paul Krugman.

Source: New York Times

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Outsourced Chinese condom. Mao Tse-Dong brand, we assume.

Outsourced Chinese condom. Mao Tse-Dong brand, we assume.

So much for American jobs. So much for stimulus. Well, wait a minute, maybe we shouldn’t refer to “stimulus” in this story.

McClatchy reports:

In a move expected to cost 300 American jobs, the government is switching to cheaper off-shore condoms, including some made in China.

The switch comes despite implied assurances over the years that the agency would continue to buy American whenever possible.

“Of course, we considered how many U.S. jobs would be affected by this move,” said a USAID official who spoke on the condition that he would not be named. But he said the reasons for the change included lower prices (2 cents versus more than 5 cents for U.S.-made condoms) and the fact that Congress dropped “buy American language” in a recent appropriations bill.

So the Obama administration is doing exactly what they condemn American business for doing – outsourcing to cheaper foreign companies.

First they import cheap condoms, then they increase spending on abortions. Now it all makes sense.

Source: McClatchy

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This is the most honest, remarkable, refreshing speech you’ve ever heard on the floor of the House of Representatives.

We’ve never heard of Rep. Thaddeus McCotter, a Republican from Michigan, until now. But we have a feeling we’ll be hearing a lot more from him in the future.

Here’s how McCotter ends his speech:

“Here’s the sad reality of where we are today. In a time of crisis they passed the Wall Street bailout, the nightmarish prognostications of myself and others have been exceeded. Now what we find is an attempt to cover ones tracks with another bill in a time of crisis that will leave no one–no one–safe from the hand of the taxman when the politicians come to cover their tracks at your expense. The public deserves better. The public deserves transparency. We cannot fail them again.”

Anyone seen our checkbook? We’re thinking of sending a McCotter a campaign contribution. This is the kind of guy we need to keep in Washington, DC.

Source: Breitbart

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anigif_obama-makes-it-rain-with-surprise-9371-1236962397-4Down on your luck? Out of work? Bank foreclosing on your house? Wish you had a source of unlimited money?

Well, now you do! It’s called Obama’s Magic Money Machine™. And you can have one of your very own for just three easy payments of $19.95 per month. In fact, forget that. Obama’s Magic Money Machine will pay youuuuuuu.

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Obama’s Magic Money Machine™. Personally endorsed by Barney Frank and Christopher Dodd. Call now 1-800-IHATETHEMEDIA.COM.

*Obama’s Magic Money Machine™ is a registered trademark of IHateTheMedia.com.

NOTE: This is a freakin’ parody. Do not call that phone number. For all we know, it belongs to some porn operation in Bangkok.

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associated press logoA just-released Associated Press analysis is a dramatic departure from the liberal claptrap we’ve come to expect from the wire service.

“President Barack Obama offered his domestic-policy proposals as a ‘break from a troubled past.’ But the economic outlook now is more troubled than it was even in January, despite Obama’s bold rhetoric and commitment of more trillions of dollars.”

“And while his personal popularity remains high, some economists and lawmakers are beginning to question whether Obama’s agenda of increased government activism is helping, or hurting, by sowing uncertainty among businesses, investors and consumers that could prolong the recession.”

“Although the administration likes to say it “inherited” the recession and trillion-dollar deficits, the economic wreckage has worsened on Obama’s still-young watch.”

“Every day, the economy is becoming more and more an Obama economy.”

Read the entire analysis. It’s actually honest enough to quote doubting Democrats who are buying neither Obama’s line of reasoning nor line of bull.

Lin: AP Analysis