Interesting.
http://money.cnn.com/2011/01/23/news/economy/texas_perry_budget_stimulus/index.htm
This will harm him in his campaign.
Yeah, starting out on a bald faced lie. This loser has Karl Rove stamped on his forehead.
Interesting.
http://money.cnn.com/2011/01/23/news/economy/texas_perry_budget_stimulus/index.htm
This will harm him in his campaign.
Well, Judas H Priest in the Monastery, how the fuck many years do the democrats need to take responsibility for what THEY have failed to accomplish? TWO years of full control of congress and the WH, and absolutely NOTHING to show for it except for a health care bill that can't even pass the test of constitutionality, $840 Billion swept down some black hole somewhere, more hundreds of billion in corporate bailouts, gotta save GM from bankruptcy because that would end the world, except GM took the money and declared bankruptcy anyway, etc. etc. etc. And through it all we hear from Obama about this great plan he has, except he never gets around to telling us what is in this great plan which he has, somehow, never gotten around to implementing for some reason.Well jesus fucking christ! The American people would have to be idiots of staggering proportions to not forget about the disaster that was the Bush presidency or have that in the fore front of their minds. The current crop of Republican candidates is by far and away the weakest in my life time.
The American public may not be impressed with Obama's leadership about getting us out the the ditch were in but for gods sake, we aint forgotten who the hell drove us into that ditch. Right wing ideologues who are completely clueless on how to govern.
Really? Then why do employment figures not reflect this supposed benefit? The money went down a fucking black hole as far as its actual effect on the economy. The only thing that even made unemployment figures do more than twitch in a positive direction was the massive hiring that took place for the census - a short lived blip that had nothing to do with the failed stimulus package.The stimulus money didn't disappear down a black hole; that's wild exaggeration. Could it have been spent better? Sure. Did it create jobs & stop the bleeding in '09? Absolutely.
Except it was not the bailout which saved GM. It was the bankruptcy that actually allowed GM to restructure their debt load and reemerge as a viable corporation. You know, the bankruptcy that had to be avoided at all costs because bankruptcy would completely destroy the General Motors Corporation?And saving GM is no small thing for a country with a diminishing manufacturing base. I consider it to be huge - that company is doing well now. And there are a lot of direct & indirect jobs & local economies that have benefited as a result.
Really? Then why do employment figures not reflect this supposed benefit? The money went down a fucking black hole as far as its actual effect on the economy. The only thing that even made unemployment figures do more than twitch in a positive direction was the massive hiring that took place for the census - a short lived blip that had nothing to do with the failed stimulus package.
Except it was not the bailout which saved GM. It was the bankruptcy that actually allowed GM to restructure their debt load and reemerge as a viable corporation. You know, the bankruptcy that had to be avoided at all costs because bankruptcy would completely destroy the General Motors Corporation?
No answer.
The First Amendment guarantees Freedom to worship, not freedom from worship.
Seriously are the Republicans going to try to redo the W presidency. I watched that guy give a speech last night and I thought I was watching W without the studder.
An arrogant social conservative Texan Governor with a swagger is not what we need.
Ugh, dont they ever learn?
Pathetic beyond comprehension. And you used to take Bush apologists to task. Even Obama admitted the stimulus did not produce the jobs anticipated. And the "mere passage" of the bill did nothing. The stimulus bill was signed on February 17, 2009. In February, unemployment stood at 8.1%. In October of 2009, UE had risen to 10.2%. So where is the stoppage of bleeding by the mere passage of the bill? UE stayed between 9.7 and 9.9% most of the first half of 2010, then dropped all of 0.2 percent and hovered between 9.5 and 9.6 percent until it shot up in November, 2010 to 9.8% - an unprecedented loss because November is usually when UE drops in response to holiday hiring.You tend to exaggerate. The economy was hemorraghing hundreds of thousands of jobs a month when the stimulus passed. We now have positive job growth. As I said, the mere passage of the legislation itself stopped the bleeding, and the actual money has created more jobs than you would like to acknowledge.
LOL You accuse ME of crediting only those things I agree with philosophically? Why not go by the actual historical FACTS?As for GM, it's a little too convenient to credit only those things that you agree w/ philisophically for its resurrection. GM was worth saving, period. The bailout will pay for itself many times over w/ the jobs saved & effect on local economies from GM doing well...
Pathetic beyond comprehension. And you used to take Bush apologists to task. Even Obama admitted the stimulus did not produce the jobs anticipated. And the "mere passage" of the bill did nothing. The stimulus bill was signed on February 17, 2009. In February, unemployment stood at 8.1%. In October of 2009, UE had risen to 10.2%. So where is the stoppage of bleeding by the mere passage of the bill? UE stayed between 9.7 and 9.9% most of the first half of 2010, then dropped all of 0.2 percent and hovered between 9.5 and 9.6 percent until it shot up in November, 2010 to 9.8% - an unprecedented loss because November is usually when UE drops in response to holiday hiring.
http://www.ncsl.org/?tabid=13307
So all of 2010, there is no indication of your claims - unless you want to pull out the lame "it would have been worse" argument. LOL Is that what you're basing your claims on? "It would have been worse?" Where is your proof? There is none because you cannot possibly show what UE would have been like without the stimulus. We deal with only one reality, and in that reality UE rose over 2 points AFTER the stimulus was passed, and gradually settled back to hover one point above where UE was when the bill was passed for the year 2010. UE only reached less than 9% earlier this year for a period of two months, after the stimulus was spent and gone. UE then rose back to hover between 9.1 and 9.2% where it yet remains.
And you accuse me of a tendency to exaggerate. If what I posted is exaggeration, then the crap you post is an outright lie.
LOL You accuse ME of crediting only those things I agree with philosophically? Why not go by the actual historical FACTS?
FACT: GM was in deep trouble, and facing bankruptcy.
FACT: The federal government put on a big horse and pony show about how we could not afford to let GM fail.
FACT: The government bailed GM out to the tune of several hundred billion dollars.
FACT: The bailout did NOT save GM - GM was unable to pull itself out of debt, and now owed an even bigger debt to the government.
FACT: GM declared chapter 11 bankruptcy. That is a fact you cannot escape. After all the rhetoric of the disasters of GM declaring bankruptcy, GM DID declared bankruptcy.
FACT: Under chapter 11 protection, the courts determined a debt-restructuring plan which allowed GM to continue operations.
FACT: It was bankruptcy that allowed GM to restructure its debt and continue operations, not the bailouts. This is not a matter of only crediting that which I agree with philosophically. The FACT is it was the restructuring under chapter 11 that allowed GM to continue operations. the bailouts did not get GM's debt under control, while the bankruptcy did.
FACT: without bankruptcy protections, GM would have defaulted on its debt and that WOULD have caused the corporation to fail.
FACT that bears repeating: It was BANKRUPTCY, not the bailouts, that allowed GM to restructure its debt in order to continue operations.
FACT: GM could have declared bankruptcy WITHOUT the bailouts, and still been able to restructure its debt to continue operations.
Those are the facts. The bailouts did nothing but waste a ton of taxpayer money when there was a completely legitimate method available to them - CH11 bankruptcy - that did NOT take taxpayer money to implement. And the proof of that is chapter 11 is the method which was ultimately used to save GM, and the option to use ch11 had nothing to do with the federal government - it has been law for well over a century.
One additional fact: the federal government USED the bailouts to interfere with the debt restructuring in a move of outright fascism to determine how GM was restructured.
wow...two perry threads in 25 hours and no onceler running around saying PDS
lol
lol...the intellectually dishonest hack strikes again....see...whenever a lefty creates numerous threads about a gop candidate or public person, it is not a pathological, but how dare you make one thread about a president or even two, then that equals pathology. only a very dishonest person could convince themselves that is true.