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George Soros is having "a very good recession". Made $2.9 billion.

Posted By: Aren't you glad? on 2009-03-26
In Reply to:

So, this "man of the people" who funds the loony left and wants all the rest of us to be communists rakes in $billions from the recession.  He's out there picking up stuff at bargain-basement prices just like JP Morgan and his kind did.


Disgusting.




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Well...if it puts Obama in a good light, it is probably owned by George Soros. nm
nm
look up moveon.org & George Soros
That's all you need to know.  HUGE BUCKS from them (one in the same, actually).
And George kept up with those "we are not in a recession" speeches, hilarious but tragic....nm
nm
That's good. Lets all stand up and applaud Bush & Co. for decreasing the 427 billion
dollar projected budget to 333 billion (which they are attributing to a tighter budget and more tax revenue).

Going from a surplus to a 333 billion dollar deficit, not to shabby, eh?
Good ol George
http://www.theonion.com/content/video/bush_tours_america_to_survey
LOL...that one made everyone look good.

I think she made a good choice up until
she gave one of her reasons as Palin's Penecostal faith which I do not believe should be a consideration.  I am not a Pentecostal, a professed Methodist, although I don't believe all of their teachings. I would not vote for ANY candidate just because they happened to say they were of the Methodist faith.
Good post. I think you made your point!
Go McCain/Palin 2008
Good, I made my point, but I won't move on.
Too bad for you.
That's good to hear. The link made it seem credible. nm
  
Looks like the good people of Connecticut made the right choice. sm
In a conference call with reporters Wednesday night, Cheney implied that US Senator Joe Lieberman's (D-CT) loss to anti-war challenger Ned Lamont was a victory for al Qaeda types.

If Lieberman is neocon friendly, you want to definitely aim the Raid can in his direction.

Want to take a wild guess on who Cheney meant by al Qaeda types? Christianne Amanpour from CNN is comparing 911 truthers and liberals to al Qaeda and the alleged terrorist threat yesterday.
I thought Brunson made a good point down below.
One of the reasons the antiwar protesters have not been taken more seriously is that they have personalized this against Bush and not against war.  I do think it is possible to separate the two.  But I also think that protesting in the streets puts our military at risk, in fact I know that it does.  The pen is a mighty weapon.  Senators and congressmen and women want to be reelected.  Sitting in front of the WH with a bullhorn and shouting obscenities and name calling to the President of the United States is not going to ever work.  And it shows a distinct lack of respect, if not for the man, then for the office and the White House itself. 
Buffet and Soros manipulated Japan, European and
Care to share your theory on HOW they manipulated the markets? Are they also behind the mortgage meltdown, plummeting home values, bank failures, AIG, credit crisis, consumer confidence index, drops in retail sales, plunge in annual sales reports for GM and Chrysler, layoffs negative jobs growth, rise in unemployment, record Exxon and Chevron profits and the like? All manipulated?

With regard to your sour grapes. Obama will win this election because the republicans failed to overcome the Bush legacy of worst administration in the history of the country. They are in a leadershp crisis that produced a weak candidate who could not put together an effective issues-based campaign and, instead, indulged itself in cultural warfare and the politics of division...which in an of itself is a clear sign of 4 more years of the same stuff we are all trying to run far and wide to get away from. Their party is in shambles because of its right wing who is losing its grip of influence and power over the more moderate and centrist among them. Time for some new blood and a platform transplant.

Obama is clearly the best choice for the future of our country. We could use a little "touchy feely" and will benefit immensely by a giant step forward in terms of taking us into a post racial, post partisan reaffirmation of our core values and common sense of purpose, being unity, justice, equality and opportunity for all Americans. It comes as no surprise that some will not quickly recover from the negativity they have been mired in over this past year and it will be up to them whether they stay stuck in the mud or get with the program.

For those who opt for "more of the same," you will be finding out what it feels like to go through exactly what the democrats are finally emerging from after these past 8 years...the depression that comes from a sense of anomie and living in a parallel universe. That choice is yours.
George Bush HIMSELF makes it so easy to make fun of George Bush!!!! oh where would I start, so litt
nm
Question regarding possible recession?? s/m

With the "bubble bursting" in regards to the housing market and rising fuel prices, do you think a major recession is on the horizon in the US?


I definitely think so, but was wondering what others think?


The Whiner's Recession
 Senator McCain and his friends no doubt still believe that the economy's fundamentals are strong, but Friday's jobs numbers clearly show how bad things have gotten. The 6.1 percent unemployment rate reported for August is almost as high as the worst levels from the last recession. A broader measure of labor market weakness, that includes people who can only find part-time work or who have given up looking for jobs, is higher than at any point in the last recession.

    When the labor market weakens, workers have less bargaining power with their employers. As a result, wages are trailing more than 2 percentage points behind inflation over the last year.


    Wages are virtually the entire income for most workers. If the purchasing power of their wages falls by 2 percent, this is the equivalent of a 2 percentage point increase in their tax rate.


    This is worth thinking about. Most workers in the country have just seen the equivalent of a 2 percentage point increase in their tax rate, and it has gotten almost no attention. By contrast, Senator McCain is claiming that the economy will collapse if we increase the tax rate by 3.6 percentage points for people who can't remember how many homes they own.


    It is easy to understand how a typical family experiences real hardship when their wages don't keep up with the price of food, gas, and heating oil. It's a bit harder to understand how the folks who can't keep track of their homes will suffer by restoring tax rates to the Clinton-era levels.


    This brings us to the other important point about the Friday jobs numbers. The economy is in bad shape and getting worse. This disaster is happening while we are experimenting with the tax policies advocated by Senator McCain. We have an economy that is now shedding jobs at the rate of almost 100,000 a month. There is no prospect of turnaround in sight. We could have half a million fewer jobs by the time the next president is sworn into office than we do today.


    This is the Bush-McCain economy. Senator McCain may have forgotten, but President Bush already tried his economic policies and the results are not good. We have just been through a business cycle in which the wage of the typical worker and the typical working family fell. This is the first time that has ever happened.


    As bad as the situation is, it will surely get worse as the recession deepens. Wages and incomes will fall further behind inflation as the unemployment rate continues to rise. By contrast, the Clinton-era tax rates were associated with the most prosperous period since the early seventies.


    As I have written many times, Clinton's policies do not deserve all the credit for the prosperity of the late 90s, and President Bush's polices do not deserve all the blame for the economy's poor performance in the current decade.


    However, it strains credulity to argue that the Clinton-era tax rates are a recipe for stagnation, while the Bush-McCain tax cuts for the rich are the road to prosperity. When he pushes his tax cuts as a remedy for the economy's ills, Senator McCain is effectively imitating Groucho Marx's famous line: "what are you going to believe, me or your lying eyes?"


    At this point, McCain should be embarrassed to even say that tax cuts for the rich help the economy. Tax cuts for the rich help the rich, they don't help the economy. It's that simple.


    This economic catastrophe was many years in the making. There is no painless way to recover from the collapse of the housing bubble and the correction from an over-valued dollar. We do know that Senator McCain's plan to keep giving the rich more money is not a road to prosperity because that is exactly what we have been doing.


    We can't know exactly how Senator Obama will address the economy's problems if he takes office in January in part because we don't know exactly where the economy will be. However, a plan that focuses on supporting ordinary workers and promoting clean technologies, is likely to produce much better results than policies that are focused on redistributing even more income to the wealthy.


http://www.truthout.org/article/the-whiners-recession


That happened to me the last recession we had...
and it took a good 6 years to right itself after the economy straightened out. And when it did...money went right into a CD. I don't mind a little in the market but I am not young enough to wait several years for rebounding again. Sigh.
And you don't think this recession (soon to be depression)...(sm)

has anything to do with it?  Hey, that's what republicans want, big business to grow fast--no regulation--me, me, me...


How about all those families that are going to suffer from this.  Did they ask for it too?


I'm sure a lot of us knew a recession

was coming long before the "experts" knew it.  All they had to do was to be Americans who were trying to fill up their gas tanks, feed their families and try to hang on to their jobs.  I just read an article the other day where someone in the government finally admitted that we've been in a recession that they believe will last another 14 months.  (Can't remember who said it; will try to find the link.)  This is after months and months of denials, although most everday folks felt like they were in a recession long before hearing it "officially."


If they are only now admitting to a recession, that tells me that we're in the beginnings of a full-fledged DEPRESSION. 


Add terror threats, a war between Iran and Israel and the USA, perhaps provoking a terror attack (real or "false flag"), people becoming so poor in this country that their fear is replaced with anger, and voila!!  The US soldiers that are lying in wait for us to "misbehave" as tensions arise so they can keep us in line, just might have their work cut out for them...especially if we suffer another attack on our soil.


We've got crooks running the Treasury Department, all chosen from the same failing companies for which they worked. 


The Wall Street "crisis" came on so quickly and so urgently that nobody knew what to do.


Well, Bush knew what to do.  First, he hired Henry Paulson of Goldman Sachs fame, the company that received a $3 billion payout, who then went on to appoint Michael Alix to "oversee things."  This is the same Michael Alix who was in control of "overseeing things" at Bear Stearns (we remember how well that whole Bear Stearns thing worked out.)  Paulson then went on to appoint Neel Kashkari (another Goldman Sachs graduate).


Bush has selected these men, either personally or through Paulson, because he knows that THEY know how to play the system and accentuate the greed.  He hired people who aren't on America's side at all.  They're part of Bush's "Haves," and the rest of average Americans -- the "have nots" -- aren't even in the picture, except as it pertains to how much money has been stolen from our accounts.  Bush has always has been about greed.  He still is.  When a government begins to buy banks, it's at the very least socialism (if not, more accurately, fascism).  For all intents and purposes, this money could easily be in Bush's pockets.  We don't and won't know this because this particular sweetheart deal came with NO oversight and NO transparency as conditions on the part of Bush.  By the way, Bush bought a ranch in Paraguay. 


Basically, Bush had a lot of knowledgeable, independent people who had NO conflict of interest from having been senior executives of the failed companies from which he could have chosen.


Instead, he chose those who were at the very top to the crooks (if not the crooks themselves.)


In short, Bush hired the foxes to watch the hen houses.  No doubt in my mind that Bush's pockets are going to be pretty full soon if they're not already.


The arrogance with which these auto executives presented their testimony is reminiscent of all the arrogant people who surround themselves with the Arrogant-In-Chief.


In the middle of all this, though, I do see somewhat of a silver lining.  The less money people have to spend, the lower prices will be forced to go -- all that supply and demand stuff. 


Enter Obama's "bottom-up" theory.  Once the lives of the least of us can improve a bit, that will hopefully trickle up to everyone else.


I also heard an excellent idea on TV recently:  That every single CEO of a company should NEVER earn more than the President of the United States.  I kind of liked that one. 


P.S.  I apologize if this post doesn't make any sense.  I'm very heavily medicated right now and probably shouldn't even be at the computer.  I've tried to write this as coherently as I could.  If I failed, I apologize. 


Hope you all have a great evening.


I meant recession, not depression. nm

Worried about a recession?? Here's the solution s/m

With Recession Looming, Bush Tells America To ‘Go Shopping More’


Today, President Bush held a news conference where he discussed the “way forward” for the economy in 2007. Renowned Morgan Stanley economist Steven Roach says the the “odds of the U.S. economy tipping into recession are about 40 to 45 per cent.” New York Times columnist Paul Krugman notes that “the odds are very good — maybe 2 to 1,” that the U.S. will teeter toward a recession in 2007. Bush’s solution? “Go shopping more.”


Michigan is in a one state recession. sm
The big 3 are tanking, our unemployment numbers are higher than the nation as a whole, jobs are leaving like the spring thaw, and who does Obama pick as part of his "Financial Advisory Committee"....none other than our wonderful governor, Jennifer Granholm. She can't advise her own state let alone the country. She now says that we have to cut the budget even more than last time. There isn't a whole lot left to cut. Our education system is absolutely the pits, Detroit is bankrupting us all, and she gets picked for part of the financial advisory committee. Makes me wonder what's going in Obama's head.

Oh well, at least I have a trade I can take with me where ever I go. The ultimate in healthcare portability.
Recession, Suicide and Tips from the Government!

This isn't terribly reassuring!


Government website now offers 'suicide warning signs' for victims of recession


John Byrne
Published: Tuesday March 31, 2009


When the government starts warning you not to commit suicide, you know things have gotten bad.

The US Department of Health and Human Services now has a webpage for the current recession, "Getting Through Tough Economic Times." Headlined under the Substance Abuse & Mental Health Services Administration (
www.samhsa.gov/economy/), the guide offers tips on "how to deal with the effects financial difficulties can have on your physical and mental health." The site went public Tuesday.


The remainder of the story is at:  http://rawstory.com/news/2008/Government_website_offers_suicide_warning_signs_0331.html


Change recession to depression and I'll agree with you.
They just signed America's death warrant. 
The Great Recession. American a thrift nation.
http://www.time.com/time/nation/article/0,8599,1891527,00.html?cnn=yes

Sometimes we change because we want to: lose weight, go vegan, find God, get sober. But sometimes we change because we have no choice, and since this violates our manifest destiny to do as we please, it may take a while before we notice that those are often the changes we need to make most. We ran a good long road test of the premise that more is better: we built houses that could hold all our stuff but were too big to heat; we bought cars that could ferry a soccer team but were too big to park; we thought we were embracing the simple life by squeezing in a yoga class between working and shopping and took an extra job to pay for it all.

Now we're stripping down and starting over. A platoon of TIME reporters and pollsters fanned out to every corner of the country to measure — anecdotally and empirically — what's changed in the way we set our priorities and spend our money since the Great Recession began. Most people think the pain will be lasting and the effects permanent: only 12% expect economic recovery to begin within six months, half believe it will be another year or two, and 14% believe we are at the start of a long-term decline. (See TIME's special report on how Americans have adjusted to the recession.)

Our institutions watch for economic vital signs. But maybe, for individuals, the sickness is what came before — the hallucination that debt would never need to be repaid, that values only rise, that bubbles never burst. When the markets collapsed, that fever broke. In our assumptions and attitudes and expectations, the recovery is already well under way.

Talk to people not just about how they feel but about how they're living now, and you hear more resolve than regret. Nearly half say their economic status declined this year, and 57% now think the American Dream is harder to achieve. And yet pain and promise are a package deal; even after all this, fully 56% believe that America's best days are ahead. It would be nice if it took something short of a heart attack to get us to work out, eat better and spend more time with our kids. But in the end, where we wind up matters more than how we got there.

Unlike any other downturn since the 1930s, this one has affected everyone, either the fact of it or the fear of it. Even when prosperity returns, 61% predict, they'll continue to spend less than they did before. Among people earning less than $50,000 a year — roughly half of U.S. households — 34% have not gone to the doctor because of the cost, 31% have been out of work at some point, and 13% have been hungry. At the same time, 4 in 10 people earning more than $100,000 say they are buying more store brands, 36% are using coupons more, and 39% have postponed or canceled a vacation to save money. Forty percent of people at all income levels say they feel anxious, 32% have trouble sleeping, and 20% are depressed. After a season of big news, of war and storms and swindlers, pirates and poison peanut butter, 43% are watching the news even more, taking the medicine even if it tastes bad because skipping it could be risky. (See the worst business deals of 2008.)

The calculus of life suddenly offers new equations. Insurance agents see clients raising their deductibles to lower premiums, or skipping collision coverage for older cars so that they bear more of the risks themselves. Twenty-seven percent have raided their retirement or college savings to pay the bills. Violent crime may not be up, but fear of it is: 40% of people say that since the downturn began, they are more worried about their personal safety. Gun sales at large retail stores have jumped 39% this year, according to the SportsOneSource, a research firm that tracks the sporting-goods industry, and shops are reporting ammunition shortages; they can't keep up with demand.

For all the reflexive analogies, this is not the 1930s, when Babe Ruth took a $10,000 salary cut (roughly what A-Rod earns per swing) and New York City Mayor Jimmy Walker told theaters to show only cheery films. And yet we're channeling our grandparents, who were taught, like a mantra, to use it up, wear it out, make it do, do without. Now, if you can make it, you don't have to buy it: just replace the lawn with a vegetable garden, eat your fill and then store whatever is left. Sales of canning and freezing supplies rose 15% during the first three months of the year compared with the same period last year. Cough- and cold-remedy sales are down 9% because you can make your own chicken soup; vitamin sales are up, maybe because you hope you won't need to. Common sense is back in style, meaning we're less willing to buy what we can have for free: bottled-water sales have dropped 10%. The 137-year-old Los Angeles public library system set record highs in circulation and visitors. And film and camera sales have plunged 33% this year, because who would want this winter in their album?

There's a natural longing to find the upside in the downturn. A college-admissions officer, watching families reassess their means and ends, suggests that maybe the insane competitiveness will recede. The yoga instructor says living more simply relaxes us, as if the entire country needs to slow its breathing. The buyer at the used-car lot feels both frugal and green: that hatchback isn't used, it's "pre-owned," and this counts as recycling. The discount shoppers view their task as a scavenger hunt and take a certain pride in finding the bargain, cutting the deal; 23% of us are haggling more, a profitable contact sport.

No one wishes for hardship. But as we pick through the economic rubble, we may find that our riches have buried our treasures. Money does not buy happiness; Scripture asserts this, research confirms it. Once you reach the median level of income, roughly $50,000 a year, wealth and contentment go their separate ways, and studies find that a millionaire is no more likely to be happy than someone earning one-twentieth as much. Now a third of people polled say they are spending more time with family and friends, and nearly four times as many people say their relations with their kids have gotten better during this crisis than say they have gotten worse.

A consumer culture invites us to want more than we can ever have; a culture of thrift invites us to be grateful for whatever we can get. So we pass the time by tending our gardens and patching our safety nets and debating whether, years from now, this season will be remembered for what we lost, or all that we found.
war, depression, recession, collapse of financial system, people losing

homes, natural disasters unattended to, collapsing bridges, earmark bridges. Address those first, save flag for later.


 


Nation has lost 4.4 million jobs since recession began in Dec. 2007

Unemployment rate soars to 8.1 percent
Employers resort to even bigger layoffs as they scramble to survive
BREAKING NEWS
The Associated Press
updated 8:02 a.m. CT, Fri., March. 6, 2009


WASHINGTON - The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.


Both figures were worse than analysts expected and the Labor Department's report shows America's workers being clobbered by a relentless wave of layoffs.


The net loss of jobs in February came after even deeper payroll reductions in the prior two months, according to revised figures. The economy lost 681,000 jobs in December and another 655,000 in January.


Since the recession began in December 2007, the economy has lost 4.4 million jobs, more than half of which occurred in the past four months.


Employers are shrinking their work forces at alarming clip and are turning to other ways to slash costs — including trimming workers' hours, freezing wages or cutting pay — because the recession has eaten into their sales and profits. Customers at home and abroad are cutting back as other countries cope with their own economic problems.


With employers showing no appetite to hire, the unemployment jumped to 8.1 percent from 7.6 percent in January. That was the highest since December 1983, when the jobless rate was 8.3 percent.


All told, the number of unemployed people climbed to 12.5 million. In addition, the number of people forced to work part time for "economic reasons" rose by a sharp 787,000 to 8.6 million. That's people who would like to work full time but whose hours were cut back or were unable to find full-time work.


Meanwhile, the average work week in February stayed at 33.3 hours, matching the record low set in December.


Job losses were widespread in February.


Construction companies eliminated 104,000 jobs. Factories axed 168,000. Retailers cut nearly 40,000. Professional and business services got rid of 180,000, with 78,000 jobs lost at temporary-help agencies. Financial companies reduced payrolls by 44,000. Leisure and hospitality firms chopped 33,000 positions.


The few areas spared: education and health services, as well as government, which boosted employment last month.


A new wave of layoffs hit this week.


General Dynamics Corp. said Thursday it will lay off 1,200 workers due partly to plummeting sales of business and personal jets that forced it to cut production. Defense contractor Northrop Grumman Corp., and Tyco Electronics Ltd., which makes electronic components, undersea telecommunications systems and wireless equipment, also are trimming payrolls.


"This is basically cleaning house for a lot of firms," said John Silvia, chief economist at Wachovia. "They are using the first quarter to cut back employment and figure out what they want."


Disappearing jobs and evaporating wealth from tanking home values, 401(k)s and other investments have forced consumers to retrench, driving companies to lay off workers. It's a vicious cycle in which all the economy's negative problems feed on each other, worsening the downward spiral.


"The economy is in a tailspin. Businesses are jettisoning jobs at an unprecedented pace," said Richard Yamarone, economist at Argus Research.


The country is getting bloodied by fallout from the housing, credit and financial crises_ the worst since the 1930s. And there's no easy fix for a quick turnaround, economists said.


President Barack Obama is counting on a multipronged assault to lift the country out of recession: a $787 billion stimulus package of increased federal spending and tax cuts; a revamped, multibillion-dollar bailout program for the nation's troubled banks; and a $75 billion effort to stem home foreclosures.


Even in the best-case scenario that the relief efforts work and the recession ends later in 2009, the unemployment rate is expected to keep climbing, hitting 9 percent or higher this year. In fact, the Federal Reserve thinks the unemployment rate will stay elevated into 2011. Economists say the job market may not get back to normal — meaning a 5 percent unemployment rate — until 2013.


Businesses won't be inclined to ramp up hiring until they are sure any economic recovery has staying power.


The economy contracted at a staggering 6.2 percent in the final three months of 2008, the worst showing in a quarter-century, and it will probably continue to shrink during the first six months of this year.


Fed Chairman Ben Bernanke told Congress earlier this week that recent economic barometers "show little sign of improvement" and suggest that "labor market conditions may have worsened further in recent weeks."


Consumers’ growing frugality has hammered automakers, among other industries. General Motors Corp.'s auditors on Thursday raised "substantial doubt" about the auto giant’s ability to continue operations, and the company said it might have to seek bankruptcy protection, sending its shares below $2.


Bill Hampel, chief economist for the Credit Union National Association, said his group’s members are reporting record increases in deposits. Government figures show the savings rate jumped to 5 percent in January from zero last spring. That’s the highest rate since 1995 and a much faster shift than he had expected, Hampel said.


Consumer spending makes up about 70 percent of the economy. It topped out at 71 percent in 2005, Hampel said, but will likely drop by 2 to 3 percentage points over the next few years.


Increased savings can actually lower economic growth. Economists call it the “paradox of thrift”: What’s good for each of us individually — being thrifty, limiting our spending — can worsen a recession when everyone does it all at once.


Hoffman said about half the 6.2 percent drop in economic output last quarter was attributable to lower consumer spending.


Oh, it isn't $700 billion any more... it is
now $850 billion!!, I am shocked both Senators from LA, 1 Dem (Landrieu) and 1 Rep (Vitter), voted NO.
34 BILLION...............
To the poster who said ALL the garbage had been taken out of the stimulus bill, which of course hasn't, I suppose you believe the Dept of Commerce spending 34 BILLION of our money is just fine, especially since they are a huge anti-American group to begin with.   Do your homework.....Dept of Commerce is not the least bit interested in businesses in this country.  
Gee, $1.2 billion?
pretty soon we'll be talking about real money! 
You will never be able to deny that $559 billion
su
That would have been 30 billion to ACORN of the...sm
return on the investments. That and other returns going to special interests.


Think about it. This is an investment. NOT a bailout. They need to get rid of that word.


If the dems wanted to write in 30 billion dollars to the ACORN from future profits....and others....they know this is an investment.


They need to tell the public this.


These profits need to be returned to the taxpayer, and to Social Security and pay down the national debt.


Not more special interests.





That's a big holdup of all the add ons that the dems put on, that need to be changed for the good of the people.


They need to get back closer to three pages....instead of 103 pages of earmarks for special interests.




I thought it came out of the 700 billion as...
part of the consumer housing protection part of it. The way I understand the 700 billion is that is how much is allotted but nothing in the bill said specifically how it was going to be spent other than to "rescue" the economy. The bill did have mortgage protections in it, meaning "try to keep people in their homes." So, I believe that he is saying 300 billion of the 700 billion would go to that purpose.
$14 billion in taxes isn't even a
Certainly, no reason to legalize a dangerous substance, which is what pot is.

Let's reverse all the smoking restrictions and get all our kids hooked on cigarettes instead, if that's our logic. We'll make a lot more than $14 billion!

Stamp out tobacco and legalize pot. We're doing some real good thinking here.

And hey! You! Drop that Twinkie and put your hands in the air! Wipe those crumbs off your lips! This is the Fat Police you're dealing with, buster, and you're goin' downtown. Lookout boys! He's got a can of whipped cream under his shirt!

(Later, at home): Son, I'm so disappointed in you. Why can't you smoke pot like all the other kids?
700 billion dispersed to every citizen would only come to
.
I heard this morning it was over $850 billion...
with added stuff...one particular one I saw was for wool research and wooden children's arrows of all things. The Republicans did manage to get some tax cuts in there that will help to a point so that maybe not so much of the $700 billion will have to go out...because people will be encouraged to invest again. A drop in the bucket probably, but at least a try. Now it has to go back to the house and no telling what they will want to add. The bill went from what was posted on the internet (about 10 pages I think) to 450+. Sigh. THAT kind of experience we don't need anymore of. Bring on Sarah Palin. I wish we could replace every member of congress with common sense folks like Sarah Palin. THAT is change I can believe in. I am sick to DEATH of Washington Politics as usual.

As to Dodd and Frank...I hear that! Not willing to accept one iota of the blame when they should have all of it. And where is the mainstream media? Out to lunch? Can you imagine what will happen to this country if Obama is elected, with a Democrat majority and mainstream media cover? What is WRONG with people? Hellooo. Sigh.
Mccain did say that he had a plan to use 300 billion...
of the 700 billion to buy back bad mortgages and renegotiate them to a fixed rate so that people could stay in their homes. Obama said this morning that was a bad idea and it rewarded bad lenders. But it WOULD protect the homeowners. He can't have it both ways, and neither can you.

Obama has not said how he will fix the economic crisis either. He talks in generalities. He said that yes, maybe some programs should be cut, but won't given even ONE example. He says he still plans to raise taxes on the rich (which are the businesses, the corporations, most of the jobmakers in this country). Now you tell ME how THAT is going to HELP the economy.

McCain has said he would FREEZE spending except for the most necessary programs. THAT is what will HELP the economy. If Obama said freeze spending his base woudl go apoplectic.

McCain has said more specific things than Obama has said about getting us out of his crisis. You just aren't listening to anyone but Obama and the Obama campaign. I am listening to BOTH of them.
errr...$2.1 billion committment....
Why can I not type?
The deficit is coming down. It is down by 18 billion just recently

how do you know no one has anyone serving over there.  You have no way of knowing that.


It took spending 1-1/2 BILLION dollars a month...sm
over years on the war in Iraq to get us to this point, borrowing from other countries, the highest deficit ever, printing money by the government with no gold behind it to drive the value of our dollar down around the world. Nothing to do with the democrats. When Bush became president we had a huge surplus. Did you forget that?
Remember the $150 billion in TARP "sweeteners"
That one was sorta like a bribe to get pubs onboard. This bill rider is a bit different, maybe a tad more understandable but nonetheless, pretty hard to swallow, given the circumstances. Apparently, whereas Congress gets an automatic COLA raise, judges' raises have to be subjected to vote. In 6 of the last 13 years, judges were denied COLA raises (leaving their salaries stagnated at a mere $169,300 annually). This particular measure was the only remaining unresolved issue remaining on this lame duck congressional session. They will be getting 2.3% raise, if it passes. Here's a link:
http://news.yahoo.com/s/ap/20081210/ap_on_go_co/judicial_pay_raise
Keating 5 cost taxpayers $125 billion.
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Fannie/Freddie going to cost 7 billion...
if we are lucky.
Yeah.Like it's hard to live with $12 Billion

8600 earmarks = 6 BILLION DOLLARS!
to that line by line lie Obama told when he wanted to be elected?  He hasn't looked at one page, let one line by line...... thanks to all who put such a thug and liar in office! 
Just read today that the deficit is projected to go down to 313 billion very soon. sm
That's well over 100 billion less, but I know how hard it is to shape the words of appreciation for Hitler Nazi war criminal Bush, so the rest of us will just celebrate.
Unemployed? Government will give you $1 BILLION to fix Iraq

http://www.fedgrants.gov/Applicants/AID/OM/BAG/RFA&%23032%3B267-06-001/Grant.html


 

AID



IRAQ: Strategic City Stabilization Initiative (SCSI)






 






General Information



















































Document Type: Grants Notice
Funding Opportunity Number: RFA 267-06-001
Posted Date: Nov 30, 2005
Original Due Date for Applications: Jan 31, 2006

The Request for Application will be issued after December 16, 2005
Current Due Date for Applications: Jan 31, 2006

The Request for Application will be issued after December 16, 2005
Archive Date: Mar 02, 2006
Funding Instrument Type: Cooperative Agreement
Category of Funding Activity: Regional Development
Expected Number of Awards: Not Available.
Estimated Total Program Funding: $1,020,000,000.00
Award Ceiling: $1,320,000,000.00
Award Floor: $1,020,000,000.00
CFDA Number: 98.001 -- USAID Foreign Assistance for Programs Overseas
Cost Sharing or Matching Requirement: No

Eligible Applicants



Unrestricted (i.e., open to any type of entity above), subject to any clarification in text field entitled Additional Information on Eligibility

Agency Name



Agency for International Development, Overseas Missions, Iraq (CPA) USAID-Baghdad

Description



The United States Agency for International Development is seeking applications for an Assistance Agreement from qualified sources to design and implement a social and economic stabilization program impacting ten Strategic Cities, identified by the United States Government as critical to the defeat of the Insurgency in Iraq. The number of Strategic Cities may expand or contract over time. USAID plans to provide approximately $1,020,000,000 over two years to meet the objectives of the Program. An additional option year may be considered amounting to $300 million at the discretion of USAID. Funds are not yet available for this program.

Link to Full Announcement



IRAQ: Strategic City Stabilization Initiative (SCSI)

If you have difficulty accessing the full announcement electronically, please contact:



Feurtado, Yvette, Contracting Officer, Phone 962-6-590-6477, Fax 962-6-590-6333, Email yfeurtado@usaid.gov Feurtado, Yvette












You may return to Grants Opportunities at:






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Miss Wasilla please chill, a 30-billion pipeline is not God's Will! nm
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Figure 2 billion a week for 5, going on 6, years on an illadvised war,
700 billion a year on foreign oil, robberbarons in Iraq, Blackwater, Halliburton, on and on and on.  That's where your money went, folks.  And the average man will have to fend for himself for the necessities of life; food, clothing, shelter, life itself. This is the mess we are in, and we can only blame ourselves for not speaking out.  We had a gov't at one time that was for the people, by the people.  It's gone, folks, and we let it slip away. 
Bush inherited a 559 billion surplus nuff said? NM
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Bush inherited a 559 billion surplus nuff said? NM
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